AvidXchange Holdings, Inc. (AVDX)

NASDAQ: AVDX · IEX Real-Time Price · USD
13.15
+0.02 (0.15%)
At close: Mar 28, 2024, 4:00 PM
13.26
+0.11 (0.82%)
After-hours: Mar 28, 2024, 7:06 PM EDT

Total Valuation

AVDX has a market cap or net worth of $2.62 billion. The enterprise value is $2.31 billion.

Market Cap 2.62B
Enterprise Value 2.31B

Important Dates

The next estimated earnings date is Wednesday, May 1, 2024, before market open.

Earnings Date May 1, 2024
Ex-Dividend Date n/a

Share Statistics

AVDX has 204.32 million shares outstanding. The number of shares has increased by 1.94% in one year.

Shares Outstanding 204.32M
Shares Change (YoY) +1.94%
Shares Change (QoQ) +0.50%
Owned by Insiders (%) 9.37%
Owned by Institutions (%) 77.53%
Float 186.49M

Valuation Ratios

PE Ratio n/a
Forward PE 59.27
PS Ratio 6.88
Forward PS 5.74
PB Ratio 3.99
P/FCF Ratio 422.69
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 700.25, with an EV/FCF ratio of 373.01.

EV / Earnings n/a
EV / Sales 6.07
EV / EBITDA 700.25
EV / EBIT n/a
EV / FCF 373.01

Financial Position

The company has a current ratio of 1.26, with a Debt / Equity ratio of 0.22.

Current Ratio 1.26
Quick Ratio 0.30
Debt / Equity 0.22
Debt / EBITDA 43.54
Debt / FCF 23.19
Interest Coverage -2.41

Financial Efficiency

Return on equity (ROE) is -7.30% and return on invested capital (ROIC) is -6.69%.

Return on Equity (ROE) -7.30%
Return on Assets (ROA) -2.20%
Return on Capital (ROIC) -6.69%
Revenue Per Employee $237,950
Profits Per Employee -$29,578
Employee Count 1,600
Asset Turnover 0.18
Inventory Turnover n/a

Taxes

In the past 12 months, AVDX has paid $1.20 million in taxes.

Income Tax 1.20M
Effective Tax Rate n/a

Stock Price Statistics

The stock price has increased by +71.67% in the last 52 weeks. The beta is 1.05, so AVDX's price volatility has been similar to the market average.

Beta (1Y) 1.05
52-Week Price Change +71.67%
50-Day Moving Average 12.15
200-Day Moving Average 10.79
Relative Strength Index (RSI) 59.99
Average Volume (30 Days) 1,986,506

Short Selling Information

The latest short interest is 8.27 million, so 4.05% of the outstanding shares have been sold short.

Short Interest 8.27M
Short Previous Month 9.21M
Short % of Shares Out 4.05%
Short % of Float 4.43%
Short Ratio (days to cover) 4.93

Income Statement

In the last 12 months, AVDX had revenue of $380.72 million and -$47.33 million in losses. Loss per share was -$0.23.

Revenue 380.72M
Gross Profit 259.41M
Operating Income -53.50M
Pretax Income -46.13M
Net Income -47.33M
EBITDA 3.30M
EBIT -32.61M
Loss Per Share -$0.23
Full Income Statement

Balance Sheet

The company has $451.62 million in cash and $143.72 million in debt, giving a net cash position of $307.90 million or $1.51 per share.

Cash & Cash Equivalents 451.62M
Total Debt 143.72M
Net Cash 307.90M
Net Cash Per Share $1.51
Equity / Book Value 656.45M
Book Value Per Share 3.21
Working Capital 425.90M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $8.45 million and capital expenditures -$2.25 million, giving a free cash flow of $6.20 million.

Operating Cash Flow 8.45M
Capital Expenditures -2.25M
Free Cash Flow 6.20M
FCF Per Share $0.03
Full Cash Flow Statement

Margins

Gross margin is 68.14%, with operating and profit margins of -14.05% and -12.43%.

Gross Margin 68.14%
Operating Margin -14.05%
Pretax Margin -12.12%
Profit Margin -12.43%
EBITDA Margin 0.87%
EBIT Margin -8.57%
FCF Margin 1.63%

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 -1.94%
Shareholder Yield -1.94%
Earnings Yield -1.81%
FCF Yield 0.24%
Dividend Details

Analyst Forecast

The average price target for AVDX is $13.42, which is 2.05% higher than the current price. The consensus rating is "Buy".

Price Target $13.42
Price Target Difference 2.05%
Analyst Consensus Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 20.77%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

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 0.6 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.6
Piotroski F-Score 5