Vertex Inc
NASDAQ:VERX

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Vertex Inc
NASDAQ:VERX
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Price: 53.53 USD -0.11% Market Closed
Market Cap: 8.3B USD
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Vertex Inc
Short-Term Investments

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Vertex Inc
Short-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Short-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
Vertex Inc
NASDAQ:VERX
Short-Term Investments
$7.5m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Short-Term Investments
$4.8B
CAGR 3-Years
1%
CAGR 5-Years
12%
CAGR 10-Years
51%
Palantir Technologies Inc
NYSE:PLTR
Short-Term Investments
$2.8B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Short-Term Investments
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Short-Term Investments
$486m
CAGR 3-Years
8%
CAGR 5-Years
-5%
CAGR 10-Years
-7%
Adobe Inc
NASDAQ:ADBE
Short-Term Investments
$273m
CAGR 3-Years
-48%
CAGR 5-Years
-29%
CAGR 10-Years
-20%
No Stocks Found

Vertex Inc
Glance View

Market Cap
8.3B USD
Industry
Technology
Economic Moat
None

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
20.74 USD
Overvaluation 61%
Intrinsic Value
Price

See Also

What is Vertex Inc's Short-Term Investments?
Short-Term Investments
7.5m USD

Based on the financial report for Sep 30, 2024, Vertex Inc's Short-Term Investments amounts to 7.5m USD.

What is Vertex Inc's Short-Term Investments growth rate?
Short-Term Investments CAGR 1Y
-10%

Over the last year, the Short-Term Investments growth was -10%.

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