Vertex, Inc. (VERX) intrinsic value & 10-year financials
Vertex, Inc. (VERX) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 9 fiscal years revenue grew 15.5% a year to $748.4M, with an average return on invested capital of 4.7%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $13.37
- Revenue (FY2025)
- $748.4M
- Revenue growth (9-yr CAGR)
- 15.5%
- ROIC (10-yr avg)
- 4.7%
- Free cash flow (FY2025)
- —
VERX 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $748.4M | $7.2M | — | — | 0.3% | 0.8% |
| FY2024 | $666.8M | -$52.7M | — | $93.1M | -0.3% | -0.5% |
| FY2023 | $572.4M | -$13.1M | — | $25.1M | -3.1% | -4.6% |
| FY2022 | $491.6M | -$12.3M | — | $18.3M | -1.6% | -4.2% |
| FY2021 | $425.5M | -$1.5M | — | $58.6M | -0.7% | -2.8% |
| FY2020 | $374.7M | -$78.9M | — | $38.6M | -28.0% | 66.5% |
| FY2019 | $321.5M | $31.1M | — | $72.2M | 9.9% | -20.7% |
| FY2018 | $272.4M | -$6.1M | — | $59.4M | -1.0% | 2.8% |
| FY2017 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Vertex, Inc. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Vertex, Inc. has historically struggled to out-earn its cost of capital, averaging just 4.7% ROIC.
Vertex, Inc. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Vertex, Inc. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment.