VTEX (VTEX) - Net Assets
Based on the latest financial reports, VTEX (VTEX) has net assets worth $223.96 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 ($340.46 Million) and total liabilities ($116.51 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. Check how strategically is VTEX's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $223.96 Million |
| % of Total Assets | 65.78% |
| Annual Growth Rate | 56.19% |
| 5-Year Change | -28.62% |
| 10-Year Change | N/A |
| Growth Volatility | 154.98 |
VTEX - Net Assets Trend (2018–2025)
This chart illustrates how VTEX's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see VTEX stock market capitalisation.
Annual Net Assets for VTEX (2018–2025)
The table below shows the annual net assets of VTEX from 2018 to 2025. Also explore VTEX equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $233.56 Million | -8.70% |
| 2024-12-31 | $255.80 Million | +6.44% |
| 2023-12-31 | $240.33 Million | -12.50% |
| 2022-12-31 | $274.68 Million | -16.05% |
| 2021-12-31 | $327.19 Million | +331.94% |
| 2020-12-31 | $75.75 Million | +60.88% |
| 2019-12-31 | $47.09 Million | +357.22% |
| 2018-12-31 | $10.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VTEX'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 decreased by 8221800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $17.00K | 0.01% |
| Other Comprehensive Income | $1.31 Million | 0.56% |
| Other Components | $321.98 Million | 137.89% |
| Total Equity | $233.50 Million | 100.00% |
VTEX Competitors by Market Cap
The table below lists competitors of VTEX ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MM Forgings Limited
NSE:MMFL
|
$328.20 Million |
|
Aekyung Petrochemical Co Ltd
KO:161000
|
$328.21 Million |
|
Taiwan Fire & Marine Insurance Co Ltd
TW:2832
|
$328.22 Million |
|
Zhejiang Double Arrow Rubber Co Ltd
SHE:002381
|
$328.24 Million |
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
$328.03 Million |
|
Infortrend Technology Inc
TW:2495
|
$327.93 Million |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180
|
$327.92 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$327.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VTEX's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 255,745,000 to 233,496,000, a change of -22,249,000 (-8.7%).
- Net income of 20,010,000 contributed positively to equity growth.
- Share repurchases of 59,108,000 reduced equity.
- Other comprehensive income decreased equity by 372,482,000.
- Other factors increased equity by 389,331,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $20.01 Million | +8.57% |
| Share Repurchases | $59.11 Million | -25.31% |
| Other Comprehensive Income | $-372.48 Million | -159.52% |
| Other Changes | $389.33 Million | +166.74% |
| Total Change | $- | -8.70% |
Book Value vs Market Value Analysis
This analysis compares VTEX'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: 2.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 66.32x to 2.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.05 | $3.64 | x |
| 2019-12-31 | $0.25 | $3.64 | x |
| 2020-12-31 | $0.40 | $3.64 | x |
| 2021-12-31 | $1.71 | $3.64 | x |
| 2022-12-31 | $1.44 | $3.64 | x |
| 2023-12-31 | $1.29 | $3.64 | x |
| 2024-12-31 | $1.33 | $3.64 | x |
| 2025-12-31 | $1.26 | $3.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VTEX 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): 8.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.32%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.48x
- Recent ROE (8.57%) is above the historical average (-5.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -9.76% | -7.49% | 0.63x | 2.08x | $-9.30 Million |
| 2020 | -1.21% | -0.93% | 0.70x | 1.85x | $-8.48 Million |
| 2021 | -18.49% | -48.11% | 0.30x | 1.27x | $-93.23 Million |
| 2022 | -19.08% | -33.26% | 0.44x | 1.30x | $-79.88 Million |
| 2023 | -5.70% | -6.79% | 0.59x | 1.42x | $-37.72 Million |
| 2024 | 4.69% | 5.29% | 0.62x | 1.43x | $-13.58 Million |
| 2025 | 8.57% | 8.32% | 0.69x | 1.48x | $-3.34 Million |
Industry Comparison
This section compares VTEX's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,027,374,758
- Average return on equity (ROE) among peers: 1.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VTEX (VTEX) | $223.96 Million | -9.76% | 0.52x | $328.07 Million |
| Adobe Systems Incorporated (ADBE) | $13.26 Billion | 39.66% | 0.83x | $98.95 Billion |
| ADEIA CORP (ADEA) | $664.58 Million | 8.63% | 0.07x | $2.74 Billion |
| Automatic Data Processing Inc (ADP) | $3.98 Billion | 43.59% | 8.35x | $107.69 Billion |
| Autodesk Inc (ADSK) | $2.26 Billion | 10.12% | 1.03x | $45.99 Billion |
| AudioEye Inc (AEYE) | $5.33 Million | -54.09% | 0.18x | $71.03 Million |
| Agilysys Inc (AGYS) | $84.10 Million | 15.34% | 1.04x | $2.82 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $7.86 Million | -10.63% | 1.20x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $17.91 Million |
| PowerFleet, Inc. (AIOT) | $27.25 Million | -42.47% | 0.93x | $386.57 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-15.77 Million | 0.00% | 0.00x | $8.14 Million |
About VTEX
VTEX, together with its subsidiaries, provides software-as-a-service digital commerce platform for enterprise brands and retailers. It provides VTEX platform that enables customers to execute commerce strategy, including building online stores, and integrating and managing orders across channels, as well as creating marketplaces to sell products from third-party vendors. The company also offers c… Read more