VIRGIN GALACTIC HOLDINGS INC (SPCE) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:SPCE - US92766K4031 - Common Stock
3.29 USD
+0.08 (+2.49%)
3.32 USD
+0.03 (+0.91%)
Overall SPCE gets a fundamental rating of 2 out of 10. We evaluated SPCE against 71 industry peers in the Aerospace & Defense industry. SPCE has a bad profitability rating. Also its financial health evaluation is rather negative. SPCE is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year SPCE has reported negative net income.
SPCE had a negative operating cash flow in the past year.
SPCE had negative earnings in each of the past 5 years.
In the past 5 years SPCE always reported negative operating cash flow.
1.2 Ratios
SPCE's Return On Assets of -34.28% is on the low side compared to the rest of the industry. SPCE is outperformed by 81.69% of its industry peers.
SPCE has a worse Return On Equity (-129.53%) than 83.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.28% | ||
| ROE | -129.53% | ||
| ROIC | N/A |
ROA(3y)-40.85%
ROA(5y)-47.15%
ROE(3y)-103.71%
ROE(5y)-94.59%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin and Operating Margin and Gross Margin are not available for SPCE so they could not be analyzed.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
SPCE does not have a ROIC to compare to the WACC, probably because it is not profitable.
SPCE has more shares outstanding than it did 1 year ago.
SPCE has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, SPCE has a worse debt to assets ratio.
2.2 Solvency
SPCE has an Altman-Z score of -4.97. This is a bad value and indicates that SPCE is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -4.97, SPCE is doing worse than 85.92% of the companies in the same industry.
SPCE has a Debt/Equity ratio of 1.87. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.87, SPCE is not doing good in the industry: 83.10% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Altman-Z | -4.97 |
ROIC/WACCN/A
WACC6.58%
2.3 Liquidity
SPCE has a Current Ratio of 2.87. This indicates that SPCE is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.87, SPCE is in line with its industry, outperforming 56.34% of the companies in the same industry.
SPCE has a Quick Ratio of 2.87. This indicates that SPCE is financially healthy and has no problem in meeting its short term obligations.
SPCE's Quick ratio of 2.87 is fine compared to the rest of the industry. SPCE outperforms 78.87% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.87 |
3. Growth
3.1 Past
SPCE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 56.97%, which is quite impressive.
The Revenue for SPCE has decreased by -82.36% in the past year. This is quite bad
The Revenue has been growing by 13.23% on average over the past years. This is quite good.
EPS 1Y (TTM)56.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%59.02%
Revenue 1Y (TTM)-82.36%
Revenue growth 3Y28.84%
Revenue growth 5Y13.23%
Sales Q2Q%-9.2%
3.2 Future
Based on estimates for the next years, SPCE will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.62% on average per year.
The Revenue is expected to grow by 170.64% on average over the next years. This is a very strong growth
EPS Next Y59.16%
EPS Next 2Y32.46%
EPS Next 3Y25.31%
EPS Next 5Y15.62%
Revenue Next Year-75.07%
Revenue Next 2Y162.16%
Revenue Next 3Y268.8%
Revenue Next 5Y170.64%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
SPCE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Besides the negative Price/Earnings Ratio, also the Forward Price/Earnings Ratio is negative for SPCE. No positive earnings are expected for the next year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
A more expensive valuation may be justified as SPCE's earnings are expected to grow with 25.31% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y32.46%
EPS Next 3Y25.31%
5. Dividend
5.1 Amount
SPCE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
3.29
+0.08 (+2.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners20.61%
Inst Owner Change-0.02%
Ins Owners0.58%
Ins Owner Change0%
Market Cap207.93M
Revenue(TTM)1.66M
Net Income(TTM)-292.60M
Analysts51.43
Price Target4.2 (27.66%)
Short Float %23.24%
Short Ratio3.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)33.37%
Min EPS beat(2)25.73%
Max EPS beat(2)41.01%
EPS beat(4)4
Avg EPS beat(4)25.09%
Min EPS beat(4)13.07%
Max EPS beat(4)41.01%
EPS beat(8)8
Avg EPS beat(8)22.54%
EPS beat(12)10
Avg EPS beat(12)17.99%
EPS beat(16)11
Avg EPS beat(16)10.54%
Revenue beat(2)0
Avg Revenue beat(2)-17.94%
Min Revenue beat(2)-26.29%
Max Revenue beat(2)-9.6%
Revenue beat(4)1
Avg Revenue beat(4)-25.94%
Min Revenue beat(4)-80.85%
Max Revenue beat(4)12.99%
Revenue beat(8)2
Avg Revenue beat(8)-35.04%
Revenue beat(12)4
Avg Revenue beat(12)-14.4%
Revenue beat(16)7
Avg Revenue beat(16)44.24%
PT rev (1m)-0.8%
PT rev (3m)5.23%
EPS NQ rev (1m)1.59%
EPS NQ rev (3m)14.58%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)7.66%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-55.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-24.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | 125.18 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 0.92 | ||
| P/tB | 0.92 | ||
| EV/EBITDA | N/A |
EPS(TTM)-7.41
EYN/A
EPS(NY)-3.57
Fwd EYN/A
FCF(TTM)-7.28
FCFYN/A
OCF(TTM)-4.25
OCFYN/A
SpS0.03
BVpS3.57
TBVpS3.57
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -34.28% | ||
| ROE | -129.53% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | N/A | ||
| FCFM | N/A |
ROA(3y)-40.85%
ROA(5y)-47.15%
ROE(3y)-103.71%
ROE(5y)-94.59%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3YN/A
GM growth 5YN/A
F-Score2
Asset Turnover0
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.87 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 1148.55% | ||
| Cap/Sales | 11535.3% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 2.87 | ||
| Quick Ratio | 2.87 | ||
| Altman-Z | -4.97 |
F-Score2
WACC6.58%
ROIC/WACCN/A
Cap/Depr(3y)422.61%
Cap/Depr(5y)296.8%
Cap/Sales(3y)1032.44%
Cap/Sales(5y)2081.01%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)56.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%59.02%
EPS Next Y59.16%
EPS Next 2Y32.46%
EPS Next 3Y25.31%
EPS Next 5Y15.62%
Revenue 1Y (TTM)-82.36%
Revenue growth 3Y28.84%
Revenue growth 5Y13.23%
Sales Q2Q%-9.2%
Revenue Next Year-75.07%
Revenue Next 2Y162.16%
Revenue Next 3Y268.8%
Revenue Next 5Y170.64%
EBIT growth 1Y24.23%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year41.95%
EBIT Next 3Y28.37%
EBIT Next 5Y26.38%
FCF growth 1Y10.49%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y44.5%
OCF growth 3YN/A
OCF growth 5YN/A
VIRGIN GALACTIC HOLDINGS INC / SPCE FAQ
Can you provide the ChartMill fundamental rating for VIRGIN GALACTIC HOLDINGS INC?
ChartMill assigns a fundamental rating of 2 / 10 to SPCE.
What is the valuation status for SPCE stock?
ChartMill assigns a valuation rating of 1 / 10 to VIRGIN GALACTIC HOLDINGS INC (SPCE). This can be considered as Overvalued.
How profitable is VIRGIN GALACTIC HOLDINGS INC (SPCE) stock?
VIRGIN GALACTIC HOLDINGS INC (SPCE) has a profitability rating of 0 / 10.
What is the financial health of VIRGIN GALACTIC HOLDINGS INC (SPCE) stock?
The financial health rating of VIRGIN GALACTIC HOLDINGS INC (SPCE) is 3 / 10.