Vertex (VERX) - Net Assets
Based on the latest financial reports, Vertex (VERX) has net assets worth $258.92 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Billion) and total liabilities ($1.01 Billion). 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. Check VERX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $258.92 Million |
| % of Total Assets | 20.37% |
| Annual Growth Rate | N/A |
| 5-Year Change | -21.8% |
| 10-Year Change | N/A |
| Growth Volatility | 14.67 |
Vertex - Net Assets Trend (2018–2024)
This chart illustrates how Vertex's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Vertex for the complete picture of this company's asset base.
Annual Net Assets for Vertex (2018–2024)
The table below shows the annual net assets of Vertex from 2018 to 2024. For live valuation and market cap data, see VERX stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 3472300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $157.00K | 0.09% |
| Other Comprehensive Income | $-45.88 Million | -25.58% |
| Other Components | $278.39 Million | 155.22% |
| Total Equity | $179.35 Million | 100.00% |
Vertex Competitors by Market Cap
The table below lists competitors of Vertex ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sinopec Oilfield Equipment Corp
SHE:000852
|
$1.02 Billion |
|
VA Tech Wabag Limited
NSE:WABAG
|
$1.02 Billion |
|
Kunming Chuan Jin Nuo Chemical Co Ltd
SHE:300505
|
$1.02 Billion |
|
MLP Saglik Hizmetleri AS
IS:MPARK
|
$1.02 Billion |
|
NanJing GOVA Technology Co. Ltd. A
SHG:688539
|
$1.02 Billion |
|
Jeju Semiconductor Corp
KQ:080220
|
$1.02 Billion |
|
XiAn ChenXi Aviation Technology Corp Ltd
SHE:300581
|
$1.02 Billion |
|
KSB SE & Co. KGaA
XETRA:KSB
|
$1.02 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 2023 to 2024, total equity changed from 252,981,000 to 179,352,000, a change of -73,629,000 (-29.1%).
- Net loss of 52,729,000 reduced equity.
- Other comprehensive income decreased equity by 24,137,000.
- Other factors increased equity by 3,237,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-52.73 Million | -29.4% |
| Other Comprehensive Income | $-24.14 Million | -13.46% |
| Other Changes | $3.24 Million | +1.8% |
| Total Change | $- | -29.10% |
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: 11.41x
- 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 | $13.19 | x |
| 2019-12-31 | $-0.77 | $13.19 | x |
| 2020-12-31 | $1.74 | $13.19 | x |
| 2021-12-31 | $1.56 | $13.19 | x |
| 2022-12-31 | $1.54 | $13.19 | x |
| 2023-12-31 | $1.67 | $13.19 | x |
| 2024-12-31 | $1.16 | $13.19 | 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): -29.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.91%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 6.51x
- Recent ROE (-29.40%) is below the historical average (-10.47%), suggesting potential challenges in 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 |
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: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vertex (VERX) | $258.92 Million | 0.00% | 3.91x | $1.02 Billion |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
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 tax determination; compliance and reporting, including workflow management tools; tax data management and document managementsolutions; analytics and insights; pre-built integration t… Read more