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VRC.WA$139.00+3.45%
Fair $139.00+0.0%

VRC.WA

Vercom S.A.

Technology / Software - ApplicationWarsaw

$139.00

+4.60 (+3.45%)

Fairly Valued+0.0%Fair Value $139.00Fund rank 39/100 · Data gapFallback financials|
SA 65/B
F-Score: 7/9

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 23% · confianza 25%

FCF escenarios

weak_data · normalized FCF $100.5M · quality 85.7/100

Data gap 39/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 86/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

65/100

B

Piotroski

7/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

16/100

SEC 0%

Latest source: unknownPeriods: 4Warnings: 0unknown: 4
No SEC-backed annual rows; valuation uses fallback financial data. Insufficient audited annual history (<3 SEC-backed years); composite fair value and forward targets are disabled until manually verified.
Thesis & Journal · VRC.WALocal privado en este navegador · Vercom S.A.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$3.1B

P/E

33.7x

↑

EV/EBITDA

23.8x

↑

ROE

22.4%

↑

Gross Margin

53.9%

↑

Debt/Equity

0.20

↓
52-Week Range$139
$105$155

TradingView lightweight chart

VRC.WA price, volumen y niveles de valoración

Último $137.80Periodo +163.0%
Fair value: $139.00

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2022–2025 · 3 años de histórico normalizado

Revenue CAGR

+21.9%

FCF CAGR

+31.4%

FCF margin

21.6%

FCF / Net income

1.13x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $471.2M · net income $89.9M · FCF $101.5M

2022-FY → 2025-FY

Gross margin

53.9%+9.5% pts

Operating margin

23.8%+7.2% pts

Net margin

19.1%+7.0% pts

FCF margin

21.6%+4.4% pts
MetricTTM
2025
2024
2023
2022
Income Statement
Revenue$471.2M$471.2M$495.9M$337.4M$260.3M
Net Income$89.9M$89.9M$76.3M$70.4M$31.4M
EBITDA$128.2M$128.2M$112.0M$106.4M$53.0M
EPS4.064.063.443.171.54
Gross Margin53.9%53.9%44.5%53.6%44.5%
Operating Margin23.8%23.8%19.0%21.2%16.6%
Net Margin19.1%19.1%15.4%20.9%12.1%
Balance Sheet
Debt/Equity0.200.200.230.310.45
Current Ratio1.561.56———
Cash Flow
Free Cash Flow$101.5M$101.5M$100.5M$76.4M$44.7M
Returns
ROE22.4%22.4%18.3%19.2%8.8%
Valuation
P/E33.6633.6637.0624.5426.88
EV/EBITDA23.8023.8025.1516.6918.09
P/B7.667.666.764.712.38
Growth & Yield
Revenue Growth-5.0%-5.0%47.0%29.6%—
EPS Growth18.0%18.0%8.5%105.8%—
Dividend Yield2.0%2.0%———

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

44.8%

muy exigente

EPS terminal req.

$12.33

Spread vs growth

-26.8%

5Y implied EPS CAGR

29.7%

muy exigente

EPS terminal req.

$14.92

Spread vs growth

-11.7%

10Y implied EPS CAGR

19.5%

exigente

EPS terminal req.

$24.04

Spread vs growth

-1.4%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total +17.0%

Total return

+17.0%

Start / end P/E

34.8x → 33.9x

EPS bridge

3.44 → 4.06

Residual

-0.5%

EPS growth+18.0%
Multiple rerating-2.5%
Dividend+2.0%
Residual / FX / buybacks / cross-term-0.5%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.