Vertex Inc Class A VERX

Morningstar Rating
$36.73 −0.25 (0.68%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

VERX is trading within a range we consider fairly valued.
Price
$36.67
Fair Value
$59.96
Uncertainty
High
1-Star Price
$45.68
5-Star Price
$77.47
Economic Moat
Xjgfs
Capital Allocation

Trading Information

Previous Close Price
$36.98
Day Range
$36.4537.42
52-Week Range
$21.5040.05
Bid/Ask
$34.80 / $40.00
Market Cap
$5.71 Bil
Volume/Avg
447,241 / 848,298

Key Statistics

Price/Earnings (Normalized)
42.88
Price/Sales
9.32
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield

Company Profile

Vertex Inc is a provider of tax technology and services. Its software, content, and services help customers stay in compliance with indirect taxes that occur in taxing jurisdictions all over the world. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.
Sector
Technology
Industry
Software - Application
Stock Style Box
Small Growth
Total Number of Employees
1,500

Comparables

Valuation

Metric
VERX
SOUN
GEN
Price/Earnings (Normalized)
42.8813.60
Price/Book Value
24.477.438.58
Price/Sales
9.3223.904.57
Price/Cash Flow
41.2155.99
Price/Earnings
VERX
SOUN
GEN

Financial Strength

Metric
VERX
SOUN
GEN
Quick Ratio
1.038.620.25
Current Ratio
1.178.770.30
Interest Coverage
0.29−4.381.77
Quick Ratio
VERX
SOUN
GEN

Profitability

Metric
VERX
SOUN
GEN
Return on Assets (Normalized)
10.80%−35.67%8.10%
Return on Equity (Normalized)
36.39%−86.18%56.94%
Return on Invested Capital (Normalized)
24.92%−36.98%15.65%
Return on Assets
VERX
SOUN
GEN

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