Vtex
VTEX Class A Common Shares represent equity in VTEX, a software-as-a-service digital commerce company focused on enterprise brands and retailers. VTEX provides a connected commerce platform that helps businesses build online stores, manage orders across multiple channels, and operate marketplaces for third-party sellers. The company also offers supporting services such as customer support, project management, solutions architecture, and implementation consulting. Its platform is used across consumer and retail categories including apparel, beauty and health, electronics, grocery, home appliances, department stores, toys, and home furnishings. VTEX is headquartered in Grand Cayman, Cayman Islands, and was founded in 2000. VTEX Class A Common Shares are one class of the company’s equity structure, carrying one vote per share and serving as a public-market instrument for investors seeking exposure to the company’s commerce software business.
$4.20
-$0.05 (-1.18%)
EOD Oct 16, 2026
Operating margin is thin at 7.53%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 6.1%, steady but not accelerating.
Even for strong businesses, today's 25x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.
24.9x earnings, 16.5x FCF. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$253M
▲ +6.1% YoY
Net Income (TTM)
$30M
▲ +67.0% YoY
Op. Margin
12.23%
▲ +3.1pp YoY
ROIC
6.51%
▲ +2.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
$44M
▲ +28.4% YoY
Op. Cash Flow (TTM)
$46M
▲ +24.1% YoY
Net Debt
-$189M
Net Cash Position
Cash & Equiv.
$192M
3Y CAGR: +15.1%
Continue Research
Is Vtex (VTEX) overvalued?
At a P/E of 24.9 and a price-to-free-cash-flow of 16.5, Vtex (VTEX) trades below a two-stage DCF intrinsic value of about $13.94 per share, so at $4.20 the stock looks undervalued (231.9% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Vtex scores 87/100 on Intrinsiqq's quality scorecard (a high-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Vtex's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about $13.94 per share for VTEX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around $10.46. At today's $4.20, that puts the stock about 231.9% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Vtex a high-quality business?+
Vtex scores 87 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a high-quality business on these measures. Recent fundamentals include a 12.2% operating margin and a 6.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Is Vtex a good stock to buy right now?+
That depends on valuation and quality together, not either alone. VTEX currently trades below its estimated intrinsic value and scores 87/100 on quality (high-quality). A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
Related stocks: Software - Application
Spot a number that looks wrong?
Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.