Vertex Net Assets
Vertex net assets. Based on the latest financial reports, Vertex (VERX) has net assets worth $241.11 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.21 Billion) and total liabilities ($969.04 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore VERX year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $241.11 Million |
| % of Total Assets | 19.92% |
| Annual Growth Rate | N/A |
| 5-Year Change | 12.53% |
| 10-Year Change | N/A |
| Growth Volatility | 23.61 |
Net Assets of Vertex (2018–2025)
Net assets of Vertex from 2018 to 2025. This chart illustrates how Vertex's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Vertex to measure how much of total assets are equity-financed.
Annual Net Assets for Vertex (2018–2025)
The table below shows the annual net assets of Vertex from 2018 to 2025. For live market cap and overall valuation, see market value of Vertex.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $258.92 Million | +44.36% |
| 2024-12-31 | $179.35 Million | -29.10% |
| 2023-12-31 | $252.98 Million | +10.12% |
| 2022-12-31 | $229.72 Million | -0.16% |
| 2021-12-31 | $230.08 Million | +0.32% |
| 2020-12-31 | $229.34 Million | +303.98% |
| 2019-12-31 | $-112.43 Million | -0.66% |
| 2018-12-31 | $-111.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vertex's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 4193400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Vertex Net Assets Breakdown (December 2025)
Vertex net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $159.00K | 0.06% |
| Other Comprehensive Income | $-1.37 Million | -0.53% |
| Other Components | $306.23 Million | 118.27% |
| Total Equity | $258.92 Million | 100.00% |
Vertex Competitors by Market Cap
The table below lists competitors of Vertex ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VA Tech Wabag Limited
NSE:WABAG
|
$1.22 Billion |
|
Forestar Group Inc
NYSE:FOR
|
$1.22 Billion |
|
BOTH Engineering Technology Co. Ltd. A
SHG:601133
|
$1.22 Billion |
|
STAAR Surgical Company
NASDAQ:STAA
|
$1.22 Billion |
|
The Karnataka Bank Limited
NSE:KTKBANK
|
$1.22 Billion |
|
Temple Bar Investment Trust
LSE:TMPL
|
$1.22 Billion |
|
Syndax Pharmaceuticals Inc
NASDAQ:SNDX
|
$1.22 Billion |
|
Genimous Technology Co Ltd
SHE:000676
|
$1.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vertex's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 179,352,000 to 258,920,000, a change of 79,568,000 (44.4%).
- Net income of 7,211,000 contributed positively to equity growth.
- Share repurchases of 10,094,000 reduced equity.
- Other comprehensive income increased equity by 44,511,001.
- Other factors increased equity by 37,939,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.21 Million | +2.79% |
| Share Repurchases | $10.09 Million | -3.9% |
| Other Comprehensive Income | $44.51 Million | +17.19% |
| Other Changes | $37.94 Million | +14.65% |
| Total Change | $- | 44.36% |
Book Value vs Market Value Analysis
This analysis compares Vertex's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 10.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $-0.86 | $15.32 | x |
| 2019-12-31 | $-0.77 | $15.32 | x |
| 2020-12-31 | $1.74 | $15.32 | x |
| 2021-12-31 | $1.56 | $15.32 | x |
| 2022-12-31 | $1.54 | $15.32 | x |
| 2023-12-31 | $1.67 | $15.32 | x |
| 2024-12-31 | $1.16 | $15.32 | x |
| 2025-12-31 | $1.44 | $15.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vertex utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.96%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 4.91x
- Recent ROE (2.79%) is above the historical average (-8.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 0.00% | -2.24% | 1.27x | 0.00x | $5.06 Million |
| 2019 | 0.00% | 9.66% | 1.21x | 0.00x | $42.30 Million |
| 2020 | -32.74% | -20.04% | 0.67x | 2.44x | $-98.02 Million |
| 2021 | -0.64% | -0.35% | 0.63x | 2.91x | $-24.49 Million |
| 2022 | -5.36% | -2.50% | 0.68x | 3.13x | $-35.28 Million |
| 2023 | -5.18% | -2.29% | 0.75x | 3.00x | $-38.39 Million |
| 2024 | -29.40% | -7.91% | 0.57x | 6.51x | $-70.66 Million |
| 2025 | 2.79% | 0.96% | 0.59x | 4.91x | $-18.68 Million |
Industry Comparison
This section compares Vertex's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $719,612,390
- Average return on equity (ROE) among peers: -70.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vertex (VERX) | $241.11 Million | 0.00% | 4.02x | $1.22 Billion |
| Adobe Systems Incorporated (ADBE) | $516.37 Million | 20.36% | 0.49x | $99.47 Billion |
| ADEIA CORP (ADEA) | $305.86 Million | 20.06% | 0.05x | $2.36 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 25.85% | 3.57x | $107.69 Billion |
| Autodesk Inc (ADSK) | $21.20 Million | 30.66% | 0.17x | $48.93 Billion |
| AudioEye Inc (AEYE) | $696.01K | -805.71% | 6.23x | $71.03 Million |
| Agilysys Inc (AGYS) | $332.45 Million | 5.86% | 1.45x | $2.95 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $10.70 Million | 0.00% | 0.35x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $14.21 Million |
| PowerFleet, Inc. (AIOT) | $15.14 Million | 1.37% | 0.05x | $387.91 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-15.77 Million | 0.00% | 0.00x | $8.14 Million |
About Vertex
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 transaction determination; compliance and reporting, including workflow management tools; tax data management and document management solutions; analytics and insights; pre-built inte… Read more