Vtex (VTEX) ROE %: 6.96% (As of Mar. 2026)


VTEX Vtex VTEX
73 GF Score
Price $3.92
GF Value $7.49
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Vtex ROE %?

Vtex VTEX +6.39% 73 ROE % is 6.96% as of Mar. 2026. GuruFocus rates VTEX with a GF Score™ of 73/100 and a GF Value™ of $7.49 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,682 Software companies, Vtex ranks better than 62.23% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Vtex's annualized net income for the quarter that ended in Mar. 2026 was $16.2 Mil. Vtex's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $233.2 Mil. Therefore, Vtex's annualized ROE % for the quarter that ended in Mar. 2026 was 6.96%.

The historical rank and industry rank for Vtex's ROE % or its related term are showing as below:

VTEX' s ROE % Range Over the Past 10 Years
Min: -30.04   Med: -6.16   Max: 9.65
Current: 9.65

During the past 8 years, Vtex's highest ROE % was 9.65%. The lowest was -30.04%. And the median was -6.16%.

VTEX's ROE % is ranked better than
62.23% of 2682 companies
in the Software industry
Industry Median: 4.72 vs VTEX: 9.65

Vtex  (NYSE:VTEX) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=16.244/233.226
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(16.244 / 242.784)*(242.784 / 343.4755)*(343.4755 / 233.226)
=Net Margin %*Asset Turnover*Equity Multiplier
=6.69 %*0.7068*1.4727
=ROA %*Equity Multiplier
=4.73 %*1.4727
=6.96 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=16.244/233.226
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (16.244 / 16.328) * (16.328 / 23.376) * (23.376 / 242.784) * (242.784 / 343.4755) * (343.4755 / 233.226)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9949 * 0.6985 * 9.63 % * 0.7068 * 1.4727
=6.96 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Vtex ROE % Related Terms


Vtex ROE % Historical Data

* Premium members only.

The historical data trend for Vtex's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Vtex ROE % Chart

Vtex Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -30.04 -17.42 -6.16 6.40 8.21

Vtex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.37 4.83 10.15 16.80 6.96

VTEX vs PAR, SVMB, MTC: ROE % Comparison

For the Software - Application subindustry, Vtex's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vtex ROE % vs Software Industry

For the Software industry and Technology sector, Vtex's ROE % distribution charts can be found below:

* The bar in red indicates where Vtex's ROE % falls into.


VTEX
73GF Score
Vtex VTEX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vtex ROE % Calculation

Vtex's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=20.01/( (254.114+233.496)/ 2 )
=20.01/243.805
=8.21 %

Vtex's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=16.244/( (233.496+232.956)/ 2 )
=16.244/233.226
=6.96 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 6.96% mean?
Vtex (VTEX) has a ROE % of 6.96% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vtex and its competitors. According to the industry distribution chart, Vtex ranks #1013 out of 2682 companies in the Software industry, placing it in the top 37.8%.
Is Vtex's ROE % too high?
Vtex's current ROE % is 6.96%. The Software industry median ROE % is 4.72. Vtex's value of 6.96% is 47.5% above this industry median. Based on the distribution chart, Vtex ranks #1013 out of 2682 companies in the Software industry, which is above the industry midpoint. Overall, Vtex has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vtex's ROE % compare to PAR and SVMB?
According to the Software industry distribution chart, Vtex ranks #1013 out of 2682 companies for ROE %. This puts Vtex in the upper half of its industry. The industry median ROE % is 4.72. Vtex's value of 6.96% is 47.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Software company?
The median ROE % among Software companies is 4.72, based on 2,682 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vtex's current ROE % of 6.96% is 47.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Vtex and its competitors. For the Software industry, the median ROE % is 4.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vtex's current ROE % is 6.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vtex stock overvalued right now?
Based on GuruFocus' analysis, Vtex (VTEX) is currently considered Significantly Undervalued. The stock's GF Value™ is $7.49, compared to a current price of $3.92 — trading 47.7% below its estimated fair value. The current ROE % is 6.96% and 47.5% above the Software industry median of 4.72. Vtex's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Vtex (VTEX), the current ROE % is 6.96% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Vtex (VTEX) Overvalued in 2026?

Based on GuruFocus' analysis, Vtex stock appears to be undervalued. The current stock price of $3.92 is trading 47.7% below its estimated GF Value™ of $7.49. GuruFocus considers Vtex to be Significantly Undervalued.

Key valuation signals for VTEX:

  • ROE %: 6.96%
  • GF Value™: $7.49 vs. price of $3.92 (47.7% below fair value)
  • GF Score™: 73/100 with 1 warning sign
  • Industry Position: 47.5% above the Software median (#1013 of 2682)

No single metric tells the full story. See the VTEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Vtex Business Description

Other Exchanges V2TX34:Brazil
Address 103 South Church Street, 4th Floor, Harbour Place, PO Box 10240, Grand Cayman, CYM, KYI-1002
Vtex provides a software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce plan, including building online stores, integrating and managing orders across channels, and creating marketplaces to sell products from third-party vendors. The VTEX platform is designed to be composable and complete, enabling its customers to seamlessly implement, optimize, test, and expand both B2C and B2B digital experiences. It generates maximum revenues from Brazil followed by Latin America and the rest of the world.
73GF Score

Get the complete analysis for VTEX

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.92
Price
$7.49
GF Value