VINP
Valuation Ratios
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Price to Earnings | 5.56 | 2.68 | 2.32 | 2.84 |
| Price to Sales | 0.97 | 1.04 | 0.99 | 1.20 |
| Book Value Per Common Share | 30.33 | 25.64 | 24.92 | 25.19 |
| Price to Book | 0.33 | 0.43 | 0.36 | 0.42 |
| Price to Operating Cash Flow | 3.07 | 4.56 | 4.22 | 2.05 |
| Price to Free Cash Flow | 3.39 | 6.37 | 4.47 | 2.07 |
| Enterprise Value to EBITDA | 24724.89 | 18244.55 | 16442.29 | 21141.90 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Price to Earnings | 5.89 | 9.12 | 11.46 | 1170.93 | 3.07 |
| Price to Sales | 1.92 | 2.26 | 2.73 | 2.48 | 0.73 |
| Book Value Per Common Share | 29.74 | 29.80 | 29.84 | 30.33 | 24.74 |
| Price to Book | 0.36 | 0.32 | 0.34 | 0.33 | 0.40 |
| Price to Operating Cash Flow | 6.05 | 210.23 | 6.74 | ||
| Price to Free Cash Flow | 6.66 | -144.06 | 7.14 | ||
| Enterprise Value to EBITDA | 40737.19 | 54315.59 | 109333.53 | 160955.86 | 27447.90 |
Earnings Data
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Earning YoY | -55.63 | 4.90 | 3.18 | |
| Revenue YoY | 17.76 | 12.45 | 1.79 | |
| EBITDA YoY | -19.18 | 6.59 | 6.56 | |
| Net Profit YoY | -46.42 | 0.54 | 5.18 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Earning YoY | 72.17 | 20.09 | 10163.95 | -99.73 | |
| Revenue YoY | 29.56 | 16.71 | -9.75 | -63.73 | |
| EBITDA YoY | 48.22 | 91.98 | 46.37 | -79.05 | |
| Net Profit YoY | 70.75 | 20.87 | 4488.02 | -99.29 |
Financial Strength
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Cash Per Common Share | 27.39 | 34.00 | 25.06 | 26.66 |
| Quick Ratio | 5.71 | 8.23 | 9.24 | 9.29 |
| Current Ratio | 5.86 | 8.31 | 9.35 | 9.32 |
| Debt to Equity | 0.85 | 0.67 | 0.28 | 0.16 |
| Long-Term Debt to Equity | 0.67 | 0.50 | 0.17 | 0.05 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Cash Per Common Share | 26.33 | 25.62 | 26.08 | 27.39 | 35.96 |
| Quick Ratio | 6.50 | 7.60 | 8.02 | 5.71 | 12.51 |
| Current Ratio | 6.68 | 7.84 | 8.31 | 5.86 | 12.68 |
| Debt to Equity | 0.85 | 0.82 | 0.81 | 0.85 | 0.88 |
| Long-Term Debt to Equity | 0.70 | 0.69 | 0.69 | 0.67 | 0.76 |
Profitability
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| ROA | 3.30 | 9.59 | 12.42 | 12.67 |
| ROE | 6.09 | 15.98 | 15.95 | 14.74 |
| Gross Margin | 84.44 | 87.45 | 87.32 | 88.84 |
| Operating Margin | 34.90 | 53.64 | 57.14 | 54.80 |
| EBITDA Margin | 39.21 | 57.14 | 60.28 | 57.58 |
| Net Profit Margin | 17.77 | 39.06 | 43.69 | 42.28 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| ROA | 3.32 | 1.98 | 1.63 | 0.03 | 6.97 |
| ROE | 6.15 | 3.59 | 2.96 | 0.06 | 13.09 |
| Gross Margin | 92.24 | 77.78 | 90.85 | 81.18 | 90.90 |
| Operating Margin | 42.98 | 35.74 | 24.98 | 10.98 | 25.81 |
| EBITDA Margin | 47.02 | 41.10 | 24.98 | 15.41 | 26.67 |
| Net Profit Margin | 32.52 | 24.68 | 23.83 | 0.47 | 23.88 |
Dividends
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio | 171.94 | 86.19 | 96.31 | 122.70 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Dividend Yield | 0.00 | 0.00 | 0.00 | ||
| Dividend Payout Ratio | 44.87 | 4179.25 | 29.81 |
Financial Statements
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Assets | 3,585,051.00 | 2,299,719.00 | 1,766,954.00 | 1,647,005.00 |
| Current Assets | 2,061,457.00 | 1,955,582.00 | 1,457,556.00 | 1,527,203.00 |
| Cash and Short-Term Investments | 1,754,338.00 | 1,828,660.00 | 1,380,345.00 | 1,475,495.00 |
| Cash and Cash Equivalents | 99,156.00 | 15,896.00 | 30,108.00 | 21,679.00 |
| Short-Term Investments | 1,655,182.00 | 1,812,764.00 | 1,350,237.00 | 1,453,816.00 |
| Net Receivables | 251,846.00 | 107,813.00 | 60,730.00 | 47,515.00 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Current Assets | 55,273.00 | 19,109.00 | 16,481.00 | 4,193.00 |
| Non-Current Assets | 1,523,594.00 | 344,137.00 | 309,398.00 | 119,802.00 |
| Property, Plant, Equipment Net | 161,249.00 | 70,899.00 | 82,087.00 | 83,173.00 |
| Goodwill | 555,175.00 | 162,290.00 | 162,290.00 | 0 |
| Intangible Assets | 502,774.00 | 52,458.00 | 26,948.00 | 1,157.00 |
| Long-Term Investments | 202,896.00 | 7,146.00 | 5,985.00 | 8,593.00 |
| Non-Current Deferred Assets | 31,346.00 | 13,487.00 | 9,241.00 | 4,970.00 |
| Other Non-Current Assets | 70,154.00 | 37,857.00 | 22,847.00 | 21,909.00 |
| Liabilities | 1,643,008.00 | 918,945.00 | 391,407.00 | 232,129.00 |
| Current Liabilities | 351,643.00 | 235,351.00 | 155,913.00 | 163,873.00 |
| Payables and Expenses | 70,290.00 | 22,134.00 | 21,375.00 | 25,486.00 |
| Account Payables | 11,527.00 | 1,869.00 | 1,247.00 | 831.00 |
| Current Accrued Liabilities | 16,533.00 | 0 | 0 | 0 |
| Short-Term Debt | 80,363.00 | 103,264.00 | 39,371.00 | 24,191.00 |
| Other Current Liabilities | 200,990.00 | 109,953.00 | 95,167.00 | 114,196.00 |
| Non-Current Liabilities | 1,291,365.00 | 683,594.00 | 235,494.00 | 68,256.00 |
| Long-Term Debt | 902,474.00 | 588,800.00 | 224,186.00 | 63,240.00 |
| Other Non-Current Liabilities | 388,891.00 | 94,794.00 | 11,308.00 | 5,016.00 |
| Equity | 1,942,043.00 | 1,380,774.00 | 1,375,547.00 | 1,414,876.00 |
| Shareholders Equity | 1,942,408.00 | 1,378,910.00 | 1,372,534.00 | 1,414,833.00 |
| Capital Stock | 18.00 | 15.00 | 15.00 | 15.00 |
| Share Premium | 2,097,712.00 | 1,408,438.00 | 1,382,038.00 | 1,382,038.00 |
| Retained Earnings | 30,682.00 | 111,444.00 | 81,310.00 | 70,183.00 |
| Treasury Shares | 259,773.00 | 172,863.00 | 114,978.00 | 52,585.00 |
| Accumulated Other Comprehensive Income | 73,769.00 | 31,876.00 | 24,149.00 | 15,182.00 |
| Minority Interest | -365.00 | 1,864.00 | 3,013.00 | 43.00 |
| Debt | 982,837.00 | 692,064.00 | 263,557.00 | 87,431.00 |
| Net Debt | 762,386.00 | 601,195.00 | 145,182.00 | 0 |
| Common Shares Outstanding | 64,046.36 | 53,778.82 | 55,080.74 | 56,155.58 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Revenues | 665,101.00 | 564,783.00 | 502,269.00 | 493,440.00 |
| Cost Of Revenue | 103,485.00 | 70,860.00 | 63,665.00 | 55,057.00 |
| Interest Income | 19,751.00 | 5,271.00 | 390.00 | 197.00 |
| Interest Expense | 70,167.00 | 33,542.00 | 15,167.00 | 12,569.00 |
| Non-Interest Expense | 262,862.00 | 149,894.00 | 140,834.00 | 145,400.00 |
| Gross Profit | 561,616.00 | 493,923.00 | 438,604.00 | 438,383.00 |
| Operating Expenses | 308,490.00 | 181,404.00 | 165,684.00 | 167,941.00 |
| Selling, General and Administrative Expenses | 262,862.00 | 149,894.00 | 140,834.00 | 145,400.00 |
| Other Operating Expenses | 16,927.00 | 11,730.00 | 9,064.00 | 8,812.00 |
| Operating Income | 253,126.00 | 312,519.00 | 272,920.00 | 270,442.00 |
| EBT | 161,950.00 | 269,385.00 | 271,814.00 | 257,842.00 |
| Income Tax | 45,977.00 | 49,926.00 | 52,413.00 | 49,227.00 |
| Net Income Including Non-Controlling Interests | 115,973.00 | 219,459.00 | 219,401.00 | 208,615.00 |
| Net Income Non-Controlling Interests | 2,229.00 | 1,149.00 | 16.00 | 0 |
| Net Income | 118,202.00 | 220,608.00 | 219,417.00 | 208,615.00 |
| EBIT | 232,117.00 | 302,927.00 | 286,981.00 | 270,411.00 |
| Deprecation and Amortization | 28,701.00 | 19,780.00 | 15,786.00 | 13,729.00 |
| EBITDA | 260,818.00 | 322,707.00 | 302,767.00 | 284,140.00 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 |
| Average Shares Outstanding Basic | 64,046.36 | 53,778.82 | 55,080.74 | 55,335.54 |
| Average Shares Outstanding Diluted | 64,046.36 | 53,778.82 | 55,080.74 | 55,335.54 |
| Breakdown | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | 209,771.00 | 129,246.00 | 117,900.00 | 288,692.00 |
| Operating Net Income | 161,950.00 | 269,385.00 | 271,814.00 | 257,842.00 |
| Deprecation and Amortization | 28,701.00 | 19,780.00 | 15,786.00 | 13,729.00 |
| Deferred Income Tax | 0 | 0 | 0 | 0 |
| Share Based Compensation | 22,479.00 | 14,967.00 | 14,276.00 | 3,670.00 |
| Change in Working Capital | 207,351.00 | 30,503.00 | -45,245.00 | 83,348.00 |
| Other Operating Activities | -210,710.00 | -205,389.00 | -138,731.00 | -69,897.00 |
| Investing Cash Flow | -232,135.00 | 222,964.00 | 131,838.00 | -1,319,972.00 |
| Capital Expenditure | 0 | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -19,317.00 | -36,738.00 | -6,476.00 | -3,091.00 |
| Net Purchase/Sale of Investments Net | 23,390.00 | 259,702.00 | 217,817.00 | -1,316,881.00 |
| Net Purchase/Sale of Business | -289,512.00 | 0 | -80,000.00 | 0 |
| Other Investing Activities | 53,304.00 | 0.00 | 497.00 | 0.00 |
| Financing Cash Flow | -429,230.00 | 175,020.00 | -215,507.00 | 1,048,024.00 |
| Net Issuance/Repayment of Debt | -87,772.00 | -31,933.00 | 56,178.00 | -18,534.00 |
| Net Issuance/Repurchase of Equity | -90,288.00 | 409,066.00 | 0 | 0 |
| Dividends Paid | -203,236.00 | -190,138.00 | -211,320.00 | -255,963.00 |
| Other Financing Activities | -47,934.00 | -11,975.00 | 0 | 0 |
| Net Change in Cash | -451,594.00 | 527,230.00 | 34,231.00 | 16,744.00 |
| Cash at Beginning of Period | 660,305.00 | 136,581.00 | 102,569.00 | 83,449.00 |
| Cash at End of Period | 223,302.00 | 660,305.00 | 136,581.00 | 102,569.00 |
| Free Cash Flow | 190,454.00 | 92,508.00 | 111,424.00 | 285,601.00 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Assets | 3,475,856.00 | 3,421,930.00 | 3,426,917.00 | 3,585,051.00 | 2,457,666.00 |
| Current Assets | 1,930,466.00 | 1,898,608.00 | 1,894,528.00 | 2,061,457.00 | 2,009,336.00 |
| Cash and Short-Term Investments | 1,665,419.00 | 1,638,999.00 | 1,652,591.00 | 1,754,338.00 | 1,901,472.00 |
| Cash and Cash Equivalents | 103,176.00 | 100,449.00 | 126,844.00 | 99,156.00 | 24,336.00 |
| Short-Term Investments | 1,562,243.00 | 1,538,550.00 | 1,525,747.00 | 1,655,182.00 | 1,877,136.00 |
| Net Receivables | 211,471.00 | 202,013.00 | 175,539.00 | 251,846.00 | 81,051.00 |
| Inventory | 0 | 0 | 0 | 0 | 0 |
| Other Current Assets | 53,576.00 | 57,596.00 | 66,398.00 | 55,273.00 | 26,813.00 |
| Non-Current Assets | 1,545,390.00 | 1,523,322.00 | 1,532,389.00 | 1,523,594.00 | 448,330.00 |
| Property, Plant, Equipment Net | 195,279.00 | 191,845.00 | 196,047.00 | 161,249.00 | 62,122.00 |
| Goodwill | 551,916.00 | 552,092.00 | 0 | 555,175.00 | 191,991.00 |
| Intangible Assets | 498,618.00 | 500,012.00 | 0 | 502,774.00 | 59,179.00 |
| Long-Term Investments | 200,311.00 | 197,135.00 | 187,825.00 | 202,896.00 | 74,216.00 |
| Non-Current Deferred Assets | 33,104.00 | 29,254.00 | 29,889.00 | 31,346.00 | 18,535.00 |
| Other Non-Current Assets | 66,162.00 | 52,984.00 | 0 | 70,154.00 | 42,287.00 |
| Liabilities | 1,597,574.00 | 1,538,981.00 | 1,537,307.00 | 1,643,008.00 | 1,149,181.00 |
| Current Liabilities | 288,878.00 | 242,188.00 | 227,954.00 | 351,643.00 | 158,508.00 |
| Payables and Expenses | 49,716.00 | 47,898.00 | 75,346.00 | 70,290.00 | 22,215.00 |
| Account Payables | 9,081.00 | 9,366.00 | 49,082.00 | 11,527.00 | 1,265.00 |
| Current Accrued Liabilities | 15,248.00 | 13,937.00 | 0 | 16,533.00 | 0 |
| Short-Term Debt | 62,195.00 | 59,817.00 | 62,663.00 | 80,363.00 | 39,984.00 |
| Other Current Liabilities | 176,967.00 | 134,473.00 | 89,945.00 | 200,990.00 | 96,309.00 |
| Non-Current Liabilities | 1,308,696.00 | 1,296,793.00 | 1,309,353.00 | 1,291,365.00 | 990,673.00 |
| Long-Term Debt | 820,421.00 | 833,248.00 | 879,323.00 | 902,474.00 | 670,588.00 |
| Other Non-Current Liabilities | 488,275.00 | 463,545.00 | 430,030.00 | 388,891.00 | 320,085.00 |
| Equity | 1,878,282.00 | 1,882,949.00 | 1,889,610.00 | 1,942,043.00 | 1,308,485.00 |
| Shareholders Equity | 1,880,765.00 | 1,884,745.00 | 1,890,579.00 | 1,942,408.00 | 1,308,180.00 |
| Capital Stock | 18.00 | 18.00 | 18.00 | 18.00 | 15.00 |
| Share Premium | 2,094,601.00 | 2,094,601.00 | 2,097,712.00 | 2,097,712.00 | 1,405,559.00 |
| Retained Earnings | 98,952.00 | 101,177.00 | 87,214.00 | 30,682.00 | 78,066.00 |
| Treasury Shares | 306,608.00 | 306,608.00 | 300,082.00 | 259,773.00 | 223,418.00 |
| Accumulated Other Comprehensive Income | -6,198.00 | -4,443.00 | 5,717.00 | 73,769.00 | 47,958.00 |
| Minority Interest | -2,483.00 | -1,796.00 | -969.00 | -365.00 | 305.00 |
| Debt | 882,616.00 | 893,065.00 | 941,986.00 | 982,837.00 | 710,572.00 |
| Net Debt | 635,108.00 | 647,954.00 | 664,086.00 | 762,386.00 | 625,326.00 |
| Common Shares Outstanding | 63,244.66 | 63,244.66 | 63,363.21 | 64,046.36 | 52,870.61 |
| Breakdown | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 |
|---|---|---|---|---|---|---|
| Revenues | 354,921.00 | 273,943.00 | 234,721.00 | 260,069.00 | 717,109.00 | 0 |
| Cost Of Revenue | 27,550.00 | 60,876.00 | 21,475.00 | 48,958.00 | 65,257.00 | 0 |
| Interest Income | 38,961.00 | 306.00 | 14,423.00 | 1,425.00 | 51,105.00 | 0 |
| Interest Expense | 0 | 19,122.00 | 0 | 17,781.00 | 17,585.00 | 17,497.00 |
| Non-Interest Expense | 101,674.00 | 98,470.00 | 55,936.00 | 131,034.00 | 179,268.00 | 0 |
| Gross Profit | 327,371.00 | 213,067.00 | 213,246.00 | 211,111.00 | 651,852.00 | 0 |
| Operating Expenses | 174,822.00 | 121,399.00 | 154,603.00 | 150,133.00 | 466,755.00 | 0 |
| Selling, General and Administrative Expenses | 101,674.00 | 98,470.00 | 55,936.00 | 131,034.00 | 179,268.00 | 0 |
| Other Operating Expenses | 73,148.00 | 8,253.00 | 98,667.00 | 7,585.00 | 287,487.00 | 0 |
| Operating Income | 152,549.00 | 91,668.00 | 58,643.00 | 60,978.00 | 185,097.00 | 0 |
| Net Non-Operating Income | -34,745.00 | 0 | -7,583.00 | 0 | -45,495.00 | -32,923.00 |
| EBT | 151,180.00 | 78,785.00 | 67,288.00 | 10,770.00 | 207,230.00 | 0 |
| Income Tax | 35,756.00 | 12,012.00 | 11,360.00 | 10,221.00 | 35,970.00 | 0 |
| Net Income Including Non-Controlling Interests | 115,424.00 | 66,773.00 | 55,928.00 | 549.00 | 171,260.00 | 0 |
| Net Income Non-Controlling Interests | 0 | 827.00 | 0 | 670.00 | 538.00 | 572.00 |
| Net Income | 115,424.00 | 67,600.00 | 55,928.00 | 1,219.00 | 171,260.00 | 0 |
| EBIT | 152,549.00 | 97,907.00 | 58,643.00 | 28,551.00 | 185,097.00 | 0 |
| Deprecation and Amortization | 14,326.00 | 14,676.00 | 0 | 11,514.00 | 6,133.00 | 5,590.00 |
| EBITDA | 166,875.00 | 112,583.00 | 58,643.00 | 40,065.00 | 191,230.00 | 0 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Diluted EPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0 |
| Average Shares Outstanding Basic | 63,244.66 | 63,985.10 | 63,363.21 | 64,046.36 | 52,870.61 | 0 |
| Average Shares Outstanding Diluted | 63,244.66 | 65,641.66 | 63,363.21 | 64,046.36 | 52,870.61 | 0 |
| Breakdown | 2025-09-30 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|
| Operating Cash Flow | 112,396.00 | 3,069.00 | 77,929.00 |
| Operating Net Income | 61,157.00 | 10,770.00 | 55,062.00 |
| Deprecation and Amortization | 14,326.00 | 11,514.00 | 6,133.00 |
| Deferred Income Tax | 0 | 0 | 0 |
| Share Based Compensation | 8,101.00 | 6,524.00 | 4,147.00 |
| Change in Working Capital | 36,066.00 | -4,796.00 | 103,025.00 |
| Other Operating Activities | -7,254.00 | -20,943.00 | -90,438.00 |
| Investing Cash Flow | 4,776.00 | -222,744.00 | 19,047.00 |
| Capital Expenditure | 0 | 0 | 0 |
| Net Purchase/Sale of PPE | -10,288.00 | -7,549.00 | -4,400.00 |
| Net Purchase/Sale of Investments Net | 16,662.00 | 16,298.00 | 23,447.00 |
| Net Purchase/Sale of Business | -4,055.00 | -284,512.00 | -285.00 |
| Other Investing Activities | 2,457.00 | 53,019.00 | 285.00 |
| Financing Cash Flow | -85,578.00 | -99,591.00 | -154,550.00 |
| Net Issuance/Repayment of Debt | -19,341.00 | -1,701.00 | -65,881.00 |
| Net Issuance/Repurchase of Equity | 0 | -36,026.00 | -22,544.00 |
| Dividends Paid | -51,785.00 | -50,945.00 | -51,057.00 |
| Other Financing Activities | -14,452.00 | -10,919.00 | -15,068.00 |
| Net Change in Cash | 31,594.00 | -319,266.00 | -57,574.00 |
| Cash at Beginning of Period | 189,190.00 | 534,406.00 | 592,308.00 |
| Cash at End of Period | 215,934.00 | 223,302.00 | 534,406.00 |
| Free Cash Flow | 102,108.00 | -4,480.00 | 73,529.00 |