Vertex, Inc., together with its subsidiaries, provides enterprise tax technology solutions for retail trade, wholesale trade, and manufacturing industries in the United States and internationally. The company offers tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration that includes mapping data fields, and business logic and configurations; industry-specific solutions support certain industries for indirect tax needs, such as retail, communications, and leasing; and technology specific solutions, such as chain flow accelerator and SAP-specific tools. It provides implementation services, such as configuration, data migration and implementation, and support and training; E-invoicing, an end-to-end e-invoicing process; and managed services, including indirect tax return preparation, filing and tax payment, and notice management. The company sells its software products through software licenses and software as a service subscription. Vertex, Inc. was founded in 1978 and is headquartered in King of Prussia, Pennsylvania.
Tax Tech Trailblaze | Vertex leads the charge in indirect tax automation, serving over 4,800 customers globally and capturing 60% of Fortune 500 companies |
Impressive Growth | Explore Vertex's stellar financial performance, with 17.5% year-over-year revenue increase and 30% surge in cloud revenue |
Market Opportunities | Delve into Vertex's $30 billion addressable market, driven by ERP cloud migrations and global e-invoicing mandates |
Future Projections | Analyst targets range from $61 to $62, with EPS estimates reaching $1.29 by 2028 and revenue growth accelerating to 18% |
Metrics to compare | VERX | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipVERXPeersSector | |
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P/E Ratio | −118.5x | 12.2x | 11.8x | |
PEG Ratio | 0.18 | 0.01 | 0.01 | |
Price/Book | 26.2x | 1.9x | 2.4x | |
Price / LTM Sales | 7.6x | 3.0x | 2.2x | |
Upside (Analyst Target) | 45.0% | 21.9% | 20.0% | |
Fair Value Upside | Unlock | 22.8% | 5.7% | Unlock |