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Vertex Energy

DB:5VE
Snowflake Description

Adequate balance sheet with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5VE
DB
$30M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The last earnings update was 26 days ago. More info.


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  • Vertex Energy has significant price volatility in the past 3 months.
5VE Share Price and Events
7 Day Returns
68%
DB:5VE
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-57%
DB:5VE
21.9%
DE Oil and Gas
-17.7%
DE Market
5VE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Vertex Energy (5VE) 68% -35.6% -52.7% -57% -39.8% -77.1%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • 5VE underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 5VE underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
5VE
Industry
5yr Volatility vs Market

5VE Value

 Is Vertex Energy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Vertex Energy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Vertex Energy.

DB:5VE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 3 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:5VE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 21%) (180.07%))
1.642
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.64
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.642 * 5.44%)
8.54%

Discounted Cash Flow Calculation for DB:5VE using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Vertex Energy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:5VE DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 8.54%)
2020 0.90 Analyst x2 0.83
2021 9.05 Analyst x3 7.68
2022 15.35 Analyst x2 12.00
2023 17.29 Analyst x2 12.46
2024 19.39 Analyst x2 12.87
2025 20.79 Est @ 7.24% 12.72
2026 21.82 Est @ 4.95% 12.30
2027 22.55 Est @ 3.35% 11.71
2028 23.06 Est @ 2.23% 11.03
2029 23.39 Est @ 1.44% 10.31
Present value of next 10 years cash flows $103.00
DB:5VE DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $23.39 × (1 + -0.39%) ÷ (8.54% – -0.39%)
$260.88
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $260.88 ÷ (1 + 8.54%)10
$114.96
DB:5VE Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $103.00 + $114.96
$217.96
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $217.96 / 45.55
$4.78
DB:5VE Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:5VE represents 0.93182x of NasdaqCM:VTNR
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.93182x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 4.78 x 0.93182
€4.46
Value per share (EUR) From above. €4.46
Current discount Discount to share price of €0.62
= -1 x (€0.62 - €4.46) / €4.46
86.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Vertex Energy is available for.
Intrinsic value
>50%
Share price is €0.62 vs Future cash flow value of €4.46
Current Discount Checks
For Vertex Energy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Vertex Energy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Vertex Energy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Vertex Energy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Vertex Energy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:5VE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-0.28
NasdaqCM:VTNR Share Price ** NasdaqCM (2020-03-30) in USD $0.66
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Vertex Energy.

DB:5VE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:VTNR Share Price ÷ EPS (both in USD)

= 0.66 ÷ -0.28

-2.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vertex Energy is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Vertex Energy is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Vertex Energy's expected growth come at a high price?
Raw Data
DB:5VE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
65.1%per year
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Vertex Energy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Vertex Energy's assets?
Raw Data
DB:5VE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $0.51
NasdaqCM:VTNR Share Price * NasdaqCM (2020-03-30) in USD $0.66
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:5VE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:VTNR Share Price ÷ Book Value per Share (both in USD)

= 0.66 ÷ 0.51

1.28x

* Primary Listing of Vertex Energy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Vertex Energy is overvalued based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Vertex Energy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Vertex Energy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

5VE Future Performance

 How is Vertex Energy expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
65.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Vertex Energy expected to grow at an attractive rate?
  • Vertex Energy's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Vertex Energy's earnings growth is expected to exceed the Germany market average.
  • Vertex Energy's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:5VE Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:5VE Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 65.1%
DB:5VE Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 8.2%
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:5VE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:5VE Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31 234 22 14 2
2023-12-31 222 20 11 2
2022-12-31 209 18 7 2
2021-12-31 172 10 0 3
2020-12-31 162 3 -7 3
2020-03-30
DB:5VE Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 163 2 -11
2019-09-30 163 2 -13
2019-06-30 175 3 -13
2019-03-31 179 4 -11
2018-12-31 181 5 -8
2018-09-30 180 0 -8
2018-06-30 162 1 -7
2018-03-31 152 -5 -11
2017-12-31 145 -3 -12
2017-09-30 135 -3 -17
2017-06-30 131 -3 -14
2017-03-31 119 -6 -17

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Vertex Energy's earnings are expected to grow significantly at over 20% yearly.
  • Vertex Energy's revenue is expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:5VE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Vertex Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5VE Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31 0.19 0.19 0.19 1.00
2023-12-31 0.14 0.14 0.14 1.00
2022-12-31 0.10 0.10 0.10 1.00
2021-12-31 -0.02 0.04 -0.07 2.00
2020-12-31 -0.14 -0.06 -0.25 3.00
2020-03-30
DB:5VE Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -0.28
2019-09-30 -0.31
2019-06-30 -0.34
2019-03-31 -0.28
2018-12-31 -0.23
2018-09-30 -0.24
2018-06-30 -0.22
2018-03-31 -0.34
2017-12-31 -0.36
2017-09-30 -0.51
2017-06-30 -0.43
2017-03-31 -0.55

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Vertex Energy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Vertex Energy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Vertex Energy has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

5VE Past Performance

  How has Vertex Energy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Vertex Energy's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Vertex Energy does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Vertex Energy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Vertex Energy's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Vertex Energy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Vertex Energy Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5VE Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 163.37 -11.45 24.18
2019-09-30 162.58 -12.60 22.79
2019-06-30 175.41 -13.32 22.29
2019-03-31 178.67 -10.51 21.63
2018-12-31 180.72 -8.04 21.93
2018-09-30 180.26 -7.90 22.07
2018-06-30 162.10 -7.10 22.11
2018-03-31 152.10 -11.23 22.10
2017-12-31 145.50 -11.82 21.69
2017-09-30 135.21 -16.57 21.15
2017-06-30 131.20 -13.79 20.53
2017-03-31 118.72 -17.42 19.89
2016-12-31 98.08 -15.54 20.15
2016-09-30 87.90 -13.26 20.27
2016-06-30 98.70 -15.19 21.25
2016-03-31 123.39 -9.30 22.18
2015-12-31 146.94 -24.10 24.70
2015-09-30 188.64 -31.86 27.02
2015-06-30 226.28 -30.82 25.67
2015-03-31 249.24 -23.37 23.52
2014-12-31 258.90 -5.55 19.09
2014-09-30 243.10 8.51 16.13
2014-06-30 213.03 12.77 13.90
2014-03-31 176.06 7.66 12.84
2013-12-31 161.97 7.88 11.47
2013-09-30 147.45 5.44 9.54
2013-06-30 136.82 5.22 8.68
2013-03-31 133.00 3.17 7.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Vertex Energy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Vertex Energy has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Vertex Energy improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Vertex Energy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Vertex Energy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

5VE Health

 How is Vertex Energy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Vertex Energy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Vertex Energy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Vertex Energy's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Vertex Energy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Vertex Energy Company Filings, last reported 2 months ago.

DB:5VE Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 53.22 17.73 4.10
2019-09-30 50.83 20.84 2.30
2019-06-30 47.75 19.74 0.50
2019-03-31 49.25 21.41 1.68
2018-12-31 52.47 19.57 1.25
2018-09-30 55.07 22.65 1.84
2018-06-30 54.20 19.21 1.72
2018-03-31 51.83 20.14 0.05
2017-12-31 53.59 19.74 1.11
2017-09-30 53.07 18.79 1.12
2017-06-30 57.17 16.87 0.46
2017-03-31 58.81 13.04 0.01
2016-12-31 62.68 14.22 1.70
2016-09-30 64.21 14.88 3.75
2016-06-30 65.38 14.51 3.97
2016-03-31 59.39 13.98 1.78
2015-12-31 54.44 25.07 0.77
2015-09-30 60.16 27.08 4.02
2015-06-30 63.33 28.76 5.72
2015-03-31 41.74 43.03 3.68
2014-12-31 58.62 42.32 6.02
2014-09-30 62.69 42.82 1.23
2014-06-30 64.40 42.89 19.65
2014-03-31 38.44 9.06 5.02
2013-12-31 38.34 8.52 2.68
2013-09-30 25.88 10.16 0.53
2013-06-30 23.51 13.11 0.30
2013-03-31 21.53 12.06 1.32
  • Vertex Energy's level of debt (33.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (72.4% vs 33.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Vertex Energy has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Vertex Energy has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Vertex Energy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Vertex Energy has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

5VE Dividends

 What is Vertex Energy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Vertex Energy dividends.
If you bought €2,000 of Vertex Energy shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Vertex Energy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Vertex Energy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:5VE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:5VE Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31
2020-12-31
2020-03-30

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Vertex Energy has not reported any payouts.
  • Unable to verify if Vertex Energy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Vertex Energy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Vertex Energy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Vertex Energy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Vertex Energy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Vertex Energy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

5VE Management

 What is the CEO of Vertex Energy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ben Cowart
COMPENSATION $501,318
AGE 50
TENURE AS CEO 10.9 years
CEO Bio

Mr. Benjamin P. Cowart, also known as Ben, is the Founder of Vertex Energy Inc., and has been its Chairman of the Board, Chief Executive Officer and President since April 2009. Mr. Cowart serves as President of General Partner of Vertex Energy, Lp. Mr. Cowart, based in Houston, Texas, has been involved in the petroleum recycling industry for over 20 years. Mr. Cowart is the founder of the Vertex group of companies. As a leader in the Recycling field, Mr. Cowart helped pioneer the reclamation industry by developing recycling options for many residual materials once managed as a hazardous waste. Mr. Cowart co-authored the industry's first e-commerce operating system for the digital management of petroleum waste and residual materials. Mr. Cowart was awarded with the prestigious 2003 Business Man of the Year and serves on NORA's Board of Directors. Mr. Cowart has taken an active role in the petroleum industry with his involvement in speaking, consulting, chairing and serving on various committees and industry associations. Prior to the formation of Vertex, Mr. Cowart served as the Vice President of Aaron Oil Company, a regional recycler in Alabama.

CEO Compensation
  • Ben's compensation has increased whilst company is loss making.
  • Ben's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Vertex Energy management team in years:

7.8
Average Tenure
50
Average Age
  • The average tenure for the Vertex Energy management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ben Cowart

TITLE
Founder
COMPENSATION
$501K
AGE
50
TENURE
10.9 yrs

Chris Carlson

TITLE
CFO & Secretary
COMPENSATION
$375K
AGE
46
TENURE
9.8 yrs

John Strickland

TITLE
Chief Operating Officer
COMPENSATION
$392K
AGE
65
TENURE
4.4 yrs

Matt Lieb

TITLE
Vice President of Specialty Projects
COMPENSATION
$164K
AGE
47
TENURE
5.8 yrs

Dave Peel

TITLE
Corporate Advisor
COMPENSATION
$302K
AGE
69
Board of Directors Tenure

Average tenure and age of the Vertex Energy board of directors in years:

10.3
Average Tenure
59.5
Average Age
  • The average tenure for the Vertex Energy board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ben Cowart

TITLE
Founder
COMPENSATION
$501K
AGE
50
TENURE
10.9 yrs

Dan Borgen

TITLE
Independent Director
COMPENSATION
$60K
AGE
58
TENURE
11.8 yrs

Chris Stratton

TITLE
Independent Director
COMPENSATION
$60K
AGE
50
TENURE
9.7 yrs

Timothy Harvey

TITLE
Independent Director
COMPENSATION
$54K
AGE
61
TENURE
7.2 yrs

David Phillips

TITLE
Independent Director
COMPENSATION
$60K
AGE
62
TENURE
11.8 yrs

Jim Gregory

TITLE
Director
COMPENSATION
$138K
AGE
69
TENURE
5.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
17. Jan 20 Buy Bunker One (USA) Inc. Company 07. Jan 20 10. Jan 20 715,048 €1.57 €1,125,700
X
Management checks
We assess Vertex Energy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Vertex Energy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

5VE News

Simply Wall St News

5VE Company Info

Description

Vertex Energy, Inc., an environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates in three segments: Black Oil, Refining and Marketing, and Recovery. The Black Oil segment collects and purchases used motor oil directly from third-party generators; aggregates used motor oil from a network of local and regional collectors; and sells used motor oil to customers for use as a feedstock or replacement fuel for industrial burners. It also produces and sells a vacuum gas oil product to refineries and marine fuels market; and base oil product to lubricant packagers and distributors. The Refining and Marketing segment gathers hydrocarbon streams in the form of petroleum distillates, transmix, and other chemical products that are purchased from pipeline operators, refineries, chemical processing facilities, and third-party providers; and sells end products, such as gasoline blendstock, pygas, and fuel oil cutter stock to oil companies or to petroleum trading and blending companies. The Recovery segment generates solutions for the recovery and management of hydrocarbon streams; and owns and operates a fleet of trucks and other vehicles used for shipping and handling equipment and scrap materials. Vertex Energy, Inc. is headquartered in Houston, Texas.

Details
Name: Vertex Energy, Inc.
5VE
Exchange: DB
Founded:
$27,251,999
45,554,841
Website: http://www.vertexenergy.com
Address: Vertex Energy, Inc.
1331 Gemini Street,
Suite 250,
Houston,
Texas, 77058,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM VTNR Common Stock Nasdaq Capital Market US USD 02. Apr 2009
DB 5VE Common Stock Deutsche Boerse AG DE EUR 02. Apr 2009
Number of employees
Current staff
Staff numbers
215
Vertex Energy employees.
Industry
Oil and Gas Refining and Marketing
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:49
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2020/03/27
Last earnings filing: 2020/03/04
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.