Vertex Inc
NASDAQ:VERX

Watchlist Manager
Vertex Inc Logo
Vertex Inc
NASDAQ:VERX
Watchlist
Price: 38.04 USD -0.37%
Market Cap: 6B USD

Vertex Inc
Goodwill

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
|

Vertex Inc
Goodwill Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Goodwill CAGR 3Y CAGR 5Y CAGR 10Y
Vertex Inc
NASDAQ:VERX
Goodwill
$357.8m
CAGR 3-Years
10%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Goodwill
$51.3B
CAGR 3-Years
2%
CAGR 5-Years
15%
CAGR 10-Years
30%
Palantir Technologies Inc
NYSE:PLTR
Goodwill
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Goodwill
$13.8B
CAGR 3-Years
0%
CAGR 5-Years
53%
CAGR 10-Years
23%
Adobe Inc
NASDAQ:ADBE
Goodwill
$12.8B
CAGR 3-Years
0%
CAGR 5-Years
4%
CAGR 10-Years
9%

Vertex Inc
Glance View

Economic Moat
None
Market Cap
6B USD
Industry
Technology

In the realm of tax technology, Vertex Inc. stands as a significant player, weaving intricate threads between the complex tapestry of tax regulations and corporate commerce. Founded in 1978 and headquartered in King of Prussia, Pennsylvania, Vertex has steadily carved a niche by offering comprehensive tax software solutions. These solutions are not merely tools but sophisticated systems designed to automate and streamline tax-related processes for businesses of varying sizes. As the global market broadens and tax codes grow increasingly intricate, the demand for efficient, effective tax management has soared. This is where Vertex steps in, providing an array of cloud-based software services that assist corporations in handling indirect taxes such as sales tax, VAT, and payroll tax, among others. The company’s offerings allow firms to maintain compliance with evolving tax laws while reducing the risk of errors and the burden of manual tax administration. Vertex ensures its viability and earns revenue by implementing a subscription-based business model for its software solutions and services. Through this model, it provides continuous updates, cloud support, and essential compliance information to its clients. The company also leverages its consulting services to guide businesses in optimizing their tax operations and implementing its systems seamlessly. By doing so, Vertex not only garners recurring revenue but also fortifies relationships with its clients, fostering a sense of trust and reliability. As enterprises expand their operations across borders, Vertex aids in navigating the tax landscapes of various jurisdictions, underscoring its critical role in modern-day commerce. Its blend of technology and expertise has positioned the company as a trusted partner in the increasingly digital and interconnected world of business taxation.

VERX Intrinsic Value
23.09 USD
Overvaluation 39%
Intrinsic Value
Price

See Also

What is Vertex Inc's Goodwill?
Goodwill
357.8m USD

Based on the financial report for Dec 31, 2024, Vertex Inc's Goodwill amounts to 357.8m USD.

What is Vertex Inc's Goodwill growth rate?
Goodwill CAGR 3Y
10%

Over the last year, the Goodwill growth was 39%. The average annual Goodwill growth rates for Vertex Inc have been 10% over the past three years .

Back to Top