AvidXchange Holdings Statistics
Total Valuation
AVDX has a market cap or net worth of $2.34 billion. The enterprise value is $2.04 billion.
| Market Cap | 2.34B |
| Enterprise Value | 2.04B |
Important Dates
The last earnings date was Wednesday, May 8, 2024, before market open.
| Earnings Date | May 8, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
AVDX has 206.60 million shares outstanding. The number of shares has increased by 2.50% in one year.
| Shares Outstanding | 206.60M |
| Shares Change (YoY) | +2.50% |
| Shares Change (QoQ) | +0.67% |
| Owned by Insiders (%) | 14.74% |
| Owned by Institutions (%) | 78.95% |
| Float | 188.87M |
Valuation Ratios
| PE Ratio | n/a |
| Forward PE | 43.40 |
| PS Ratio | 5.86 |
| Forward PS | 4.96 |
| PB Ratio | 3.50 |
| P/FCF Ratio | 92.58 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 106.95, with an EV/FCF ratio of 80.70.
| EV / Earnings | n/a |
| EV / Sales | 5.11 |
| EV / EBITDA | 106.95 |
| EV / EBIT | n/a |
| EV / FCF | 80.70 |
Financial Position
The company has a current ratio of 1.34, with a Debt / Equity ratio of 0.21.
| Current Ratio | 1.34 |
| Quick Ratio | 0.38 |
| Debt / Equity | 0.21 |
| Debt / EBITDA | 7.51 |
| Debt / FCF | 5.67 |
| Interest Coverage | -1.30 |
Financial Efficiency
Return on equity (ROE) is -4.90% and return on invested capital (ROIC) is -4.98%.
| Return on Equity (ROE) | -4.90% |
| Return on Assets (ROA) | -1.50% |
| Return on Capital (ROIC) | -4.98% |
| Revenue Per Employee | $249,685 |
| Profits Per Employee | -$20,215 |
| Employee Count | 1,600 |
| Asset Turnover | 0.18 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, AVDX has paid $1.25 million in taxes.
| Income Tax | 1.25M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +24.75% in the last 52 weeks. The beta is 1.07, so AVDX's price volatility has been similar to the market average.
| Beta (1Y) | 1.07 |
| 52-Week Price Change | +24.75% |
| 50-Day Moving Average | 12.12 |
| 200-Day Moving Average | 10.91 |
| Relative Strength Index (RSI) | 38.65 |
| Average Volume (30 Days) | 1,862,329 |
Short Selling Information
The latest short interest is 7.29 million, so 3.53% of the outstanding shares have been sold short.
| Short Interest | 7.29M |
| Short Previous Month | 6.89M |
| Short % of Shares Out | 3.53% |
| Short % of Float | 3.86% |
| Short Ratio (days to cover) | 6.07 |
Income Statement
In the last 12 months, AVDX had revenue of $399.50 million and -$32.34 million in losses. Loss per share was -$0.15.
| Revenue | 399.50M |
| Gross Profit | 277.33M |
| Operating Income | -40.49M |
| Pretax Income | -31.09M |
| Net Income | -32.34M |
| EBITDA | 19.08M |
| EBIT | -17.55M |
| Loss Per Share | -$0.15 |
Balance Sheet
The company has $443.55 million in cash and $143.29 million in debt, giving a net cash position of $300.26 million or $1.45 per share.
| Cash & Cash Equivalents | 443.55M |
| Total Debt | 143.29M |
| Net Cash | 300.26M |
| Net Cash Per Share | $1.45 |
| Equity / Book Value | 669.56M |
| Book Value Per Share | 3.24 |
| Working Capital | 441.90M |
Cash Flow
In the last 12 months, operating cash flow was $27.73 million and capital expenditures -$2.44 million, giving a free cash flow of $25.28 million.
| Operating Cash Flow | 27.73M |
| Capital Expenditures | -2.44M |
| Free Cash Flow | 25.28M |
| FCF Per Share | $0.12 |
Margins
Gross margin is 69.42%, with operating and profit margins of -10.14% and -8.10%.
| Gross Margin | 69.42% |
| Operating Margin | -10.14% |
| Pretax Margin | -7.78% |
| Profit Margin | -8.10% |
| EBITDA Margin | 4.78% |
| EBIT Margin | -4.39% |
| FCF Margin | 6.33% |
Dividends & Yields
AVDX does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -2.50% |
| Shareholder Yield | -2.50% |
| Earnings Yield | -1.38% |
| FCF Yield | 1.08% |
Analyst Forecast
The average price target for AVDX is $13.32, which is 17.98% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.32 |
| Price Target Difference | 17.98% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
| Revenue Growth Forecast (5Y) | 16.59% |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
AVDX has an Altman Z-Score of 0.7 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.7 |
| Piotroski F-Score | 5 |