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Vertex, Inc. (VERX)

NASDAQ Technology Software - Application
$12.13 ▼ -0.82%
Market Cap
$1.97B
Sector
Technology
Industry
Software - Application
Beta
0.82
52-Wk Range
10.21-26.625
CEO
Christopher David Young
Country
US
Currency
USD

Vertex, Inc. operates in the Software - Application industry of the Technology sector, headquartered in King of Prussia, PA, US. The stock last traded at $12.13, down 0.82% on the session, giving a market capitalisation of $1.97B. On trailing twelve-month figures it carries a trailing P/E of 390.03, a net margin of 0.5%. Its beta of 0.82 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
390.03
Price / Sales
2.50
Price / Book
8.12
EV / EBITDA
61.14
Gross margin
62.1%
Operating margin
-0.2%
Net margin
0.5%
Return on equity
Debt / equity
1.45
Current ratio
0.87
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
NASDAQ Global Market
Employees
2,100
IPO date
2020-07-29
Headquarters
King of Prussia, PA, US
About Vertex, Inc.

Vertex, Inc. specializes in delivering advanced tax technology solutions to corporations across various sectors, including retail, communication, leasing, and manufacturing. These services are provided to clients both within the United States and globally. Its comprehensive product portfolio encompasses tools for tax determination, compliance and reporting, efficient tax data and document management, pre-built integration capabilities, and specialized solutions tailored to specific industries. Clients can access their software through traditional on-premise licenses or via cloud-based Software as a Service (SaaS) subscriptions. Beyond its software offerings, Vertex also delivers essential support services. These include implementation and training for its licensed and cloud-based products, as well as outsourced transaction tax return processing and other ancillary tax-related consultations. Established in 1978, Vertex, Inc. has its headquarters situated in King of Prussia, Pennsylvania.

Comparable companies

Vertex, Inc. is most often compared with the following Technology names:

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