VTEX Class A Common Shares (VTEX)

FairStock Score: 56/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn high returns on capital, carry little debt, and sell at a sensible price. VTEX provides a software-as-a-service commerce platform for enterprise brands and retailers. In fiscal Q2 2026, the latest reported quarter, revenue was $64.4 million and net income was $10.0 million, a 15.59% net margin. Trailing free cash flow was $44.1 million, giving a 6.5% free cash flow yield on the $679.1 million market cap. The balance sheet looks conservative, with debt-to-equity of 0.03, an Altman Z-Score of 4.07, and a Piotroski F-Score of 7/9. Return on equity is 12.76%, though return on capital employed is only 5.39%, which tempers my enthusiasm about the underlying economics. At the close on 2026-10-13, the price was $4.18. FairStock's calculations show a P/E of 24.59, P/B of 3.10, and a Graham Number of $2.27, implying the price is 84.14% above that defensive value estimate. The PEG ratio is 0.07, but that depends on a profit growth figure that may not be repeatable. I cannot assign a Lynch category because FairStock says there are only 0 years of filed results, needing three. The company is profitable, cash-generative, and lightly indebted, but the price already asks for continued execution. I would want a wider margin of safety before calling it a classic Graham bargain. Quality is emerging; the valuation is not yet compelling on asset-and-earnings terms.

In plain English: VTEX makes software that helps big brands and retailers run online stores and marketplaces. The business looks reasonably sturdy: it is profitable, has little debt, and produces cash. At the recent price of $4.18, the shares look expensive compared with its profits and net assets.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer