Financials Verimatrix

Equities

VMX

FR0010291245

Software

Market Closed - Euronext Paris 11:29:58 2024-04-26 am EDT 5-day change 1st Jan Change
0.47 EUR +2.17% Intraday chart for Verimatrix +14.36% +2.62%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 69.56 187.8 291.5 128.2 70.91 42.81 42.81 -
Enterprise Value (EV) 1 36.94 207.4 316.7 139.8 84.41 61.03 75.81 75.31
P/E ratio 52.6 x 6.17 x -28.6 x 37.5 x -3.95 x -3.02 x -5.02 x -8.36 x
Yield - - - - - - - -
Capitalization / Revenue 1.65 x 1.91 x 3.07 x 1.45 x 1.16 x 0.7 x 0.68 x 0.65 x
EV / Revenue 0.88 x 2.11 x 3.34 x 1.58 x 1.38 x 0.99 x 1.2 x 1.14 x
EV / EBITDA 5.61 x 9.19 x 13.2 x 7.35 x 76.7 x 46.9 x 25.3 x 13.9 x
EV / FCF 14.9 x -64.6 x 125 x 6.7 x 31.3 x -55.5 x -26.1 x 108 x
FCF Yield 6.71% -1.55% 0.8% 14.9% 3.2% -1.8% -3.83% 0.93%
Price to Book 0.5 x 1.08 x 1.98 x 0.85 x - 0.35 x 0.38 x 0.4 x
Nbr of stocks (in thousands) 44,087 84,590 84,934 85,445 85,387 85,329 85,329 -
Reference price 2 1.578 2.220 3.432 1.501 0.8305 0.5018 0.5018 0.5018
Announcement Date 3/6/19 3/4/20 3/10/21 3/9/22 3/9/23 3/14/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 42.08 98.16 94.89 88.46 61 61.6 63 66
EBITDA 1 6.585 22.58 24 19.02 1.1 1.3 3 5.4
EBIT 1 5.587 18.27 19.7 14.91 -3.5 -4.1 -2 0.4
Operating Margin 13.28% 18.61% 20.76% 16.86% -5.74% -6.66% -3.17% 0.61%
Earnings before Tax (EBT) - -4.983 - - - - - -
Net income 1 3.418 26.44 -10.41 3.678 -17.6 -14.3 -8.5 -5.5
Net margin 8.12% 26.94% -10.97% 4.16% -28.85% -23.21% -13.49% -8.33%
EPS 2 0.0300 0.3600 -0.1200 0.0400 -0.2100 -0.1672 -0.1000 -0.0600
Free Cash Flow 1 2.477 -3.212 2.525 20.85 2.7 -1.1 -2.9 0.7
FCF margin 5.89% -3.27% 2.66% 23.57% 4.43% -1.79% -4.6% 1.06%
FCF Conversion (EBITDA) 37.62% - 10.52% 109.64% 245.45% - - 12.96%
FCF Conversion (Net income) 72.47% - - 566.86% - - - -
Dividend per Share - - - - - - - -
Announcement Date 3/6/19 3/4/20 3/10/21 3/9/22 3/9/23 3/14/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2019 S2 2020 S1 2021 Q1 2021 Q2 2021 S1 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1
Net sales 1 52.87 - 44.17 26.1 32.14 52.19 15.67 20.6 12.7 16.2 28.89 16 16.1 - 14 16.6 30.6 14 15.4 - 14.1
EBITDA - - - - - 11.36 - - - - 0.2 - - - - - - - - - -
EBIT 11.14 12.18 - - - 9.291 - - - - -1.8 - - -1.7 - - -2.2 - - -1.9 -
Operating Margin 21.07% - - - - 17.8% - - - - -6.23% - - - - - -7.19% - - - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - - - - - - - -
Net income - - - - - - - - - - - - - - - - - - - - -
Net margin - - - - - - - - - - - - - - - - - - - - -
EPS - - - - - - - - - - - - - - - - - - - - -
Dividend per Share - - - - - - - - - - - - - - - - - - - - -
Announcement Date 7/29/19 3/4/20 7/29/20 4/29/21 7/29/21 7/29/21 10/20/21 3/9/22 4/28/22 7/28/22 7/28/22 10/26/22 3/9/23 3/9/23 4/19/23 7/24/23 7/24/23 10/19/23 - 3/14/24 -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 - 19.6 25.2 11.5 13.5 17.9 33 32.5
Net Cash position 1 32.6 - - - - - - -
Leverage (Debt/EBITDA) - 0.8693 x 1.051 x 0.6066 x 12.27 x 13.77 x 11 x 6.019 x
Free Cash Flow 1 2.48 -3.21 2.53 20.8 2.7 -1.1 -2.9 0.7
ROE (net income / shareholders' equity) 4.98% 11.9% 5.21% - -6.61% -7.84% -6% -4.2%
ROA (Net income/ Total Assets) - - - - - - - -
Assets 1 - - - - - - - -
Book Value Per Share 2 3.130 2.050 1.740 1.770 - 1.430 1.330 1.260
Cash Flow per Share - 0.2000 0.1600 - - - - -
Capex 1 0.3 0.28 0.8 0.64 0.2 0.3 2 2
Capex / Sales 0.72% 0.28% 0.84% 0.72% 0.33% 0.49% 3.17% 3.03%
Announcement Date 3/6/19 3/4/20 3/10/21 3/9/22 3/9/23 3/14/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
1
Last Close Price
0.5018 USD
Average target price
0.532 USD
Spread / Average Target
+6.03%
Consensus

Quarterly revenue - Rate of surprise

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