Discounted Cash Flow

Vertex, Inc.

VERX · Based on 10 years of SEC filings

DCF estimate unavailable — only_1_profitable_out_of_last_5

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2018 $272.4m $-6.1m $59.4m -2.2% $-0.13
2019 $321.5m (18.0%) $31.1m (608.6%) $72.2m (21.5%) 9.7% (531.0%) $0.50 (484.6%)
2020 $374.7m (16.5%) $-78.9m (-354.2%) $38.6m (-46.5%) -21.1% (-318.1%) $-1.20 (-340.0%)
2021 $425.5m (13.6%) $-1.5m (98.1%) $58.6m (51.8%) -0.3% (98.4%) $-0.02 (98.3%)
2022 $491.6m (15.5%) $-12.3m (-731.9%) $18.3m (-68.7%) -2.5% (-620.1%) $-0.16 (-700.0%)
2023 $572.4m (16.4%) $-13.1m (-6.4%) $25.1m (36.9%) -2.3% (8.6%) $-0.18 (-12.5%)
2024 $666.8m (16.5%) $-52.7m (-302.7%) $99.1m (295.1%) -7.9% (-245.7%) $-0.68 (-277.8%)
2025 $748.4m (12.2%) $7.2m (113.7%) $69.3m (-30.0%) 1.0% (112.2%) $0.08 (111.8%)

Base FCF: (latest fiscal year)

Discount rate: %

Terminal growth:

Projection period: years

Alt A decline yrs:

Alt B total yrs:

Projected cash flows

Year Projected cash flow Discount Factor Present Value

PV of projected FCF:

Terminal FCF:

Terminal value:

PV of terminal value:

Enterprise value (DCF):

DCF price per share:

Current price:

Alternative DCF Models

Model Fair Value Upside PV(FCFs) PV(Terminal) Total Years
Standard (10yr→TV) 10 + TV
Alt A (Gradual Decline)
Alt B (30yr Hard Stop) N/A

This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

only_1_profitable_out_of_last_5

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.