NCR Voyix Corp (VYX) stock analysis

P/E below its 5-year median

NCR Voyix's P/E of 15.4 is below its own 5-year median of 24.7.

P/E below the industry

NCR Voyix's P/E of 15.4 is below the Computer and Office Equipment median of 26.0.

EV/EBITDA below its 5-year median

NCR Voyix's EV/EBITDA of 8.3 is below its 5-year median of 12.0.

P/B below the industry

NCR Voyix's price-to-book of 1.52 is below the Computer and Office Equipment median of 3.71.

Trading below fair value

The share price of $10.45 is below our fair value estimate of $21.00.

Margin of safety over 20%

The price is 50.2% below fair value, more than the 20% cushion we look for.

Revenue growing under 10% a year

Revenue grew -5.4% a year over the last three fiscal years, short of the 10% we look for.

EPS growing under 10% a year

Diluted EPS grew -2.1% a year over the last three fiscal years.

Earnings acceleration

Needs positive net income now, a year ago and five years ago.

Growing slower than the industry

Revenue grew -8.6% over the last twelve months; the Computer and Office Equipment median is 11.2%.

Guidance lowered

NCR Voyix lowered its full-year 2026 Non-GAAP Diluted EPS outlook on May 7, 2026.

Gross margin trend

This company does not report gross profit.

Return on equity under 15%

Return on equity was 13.2% over the last twelve months and averaged 32.5% over five years; we look for 15% on both.

Return on capital under 10%

Return on invested capital was 3.3%, below the 10% that usually covers the cost of capital.

Return on equity above the industry

NCR Voyix's return on equity of 13.2% is above the Computer and Office Equipment median of 7.5%.

Earnings over 5 years

Needs positive net income five years ago and in the latest year.

Net margin below its 5-year average

Net margin was 4.9% over the last twelve months, against a 5-year average of 5.5%.

Net margin above the industry

NCR Voyix's net margin of 4.9% is above the Computer and Office Equipment median of 3.8%.

High debt

Debt is 116% of shareholders' equity, above the 40% we consider low.

Debt falling against equity

Debt to equity fell from 313% five years ago to 116%.

Debt not well covered by cash flow

Operating cash flow over the last twelve months equals 12.4% of total debt; we look for at least 20%.

Interest not well covered

Operating income covers interest expense 0.9 times; we look for at least 5.

Short-term assets cover short-term debts

Current assets are 1.11 times current liabilities.

Elevated bankruptcy risk

The Altman Z-score is 1.26; above 3 is the safe zone and below 1.8 the distress zone.

No dividend

NCR Voyix has not paid a dividend in the last twelve months.

Yield against Treasuries

No dividend.

Yield against the market

No dividend.

Dividend stability

No dividend.

Earnings cover

No dividend.

Cash-flow cover

No dividend.