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VIRGIN GALACTIC HOLDINGS INC (SPCE) Stock Fundamental Analysis

USA - New York Stock Exchange - NYSE:SPCE - US92766K4031 - Common Stock

4.31 USD
-0.18 (-4.01%)
Last: 12/5/2025, 8:04:00 PM
4.3102 USD
0 (0%)
After Hours: 12/5/2025, 8:04:00 PM
Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to SPCE. SPCE was compared to 71 industry peers in the Aerospace & Defense industry. SPCE has a bad profitability rating. Also its financial health evaluation is rather negative. SPCE is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

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0

1. Profitability

1.1 Basic Checks

In the past year SPCE has reported negative net income.
In the past year SPCE has reported a negative cash flow from operations.
SPCE had negative earnings in each of the past 5 years.
SPCE had a negative operating cash flow in each of the past 5 years.
SPCE Yearly Net Income VS EBIT VS OCF VS FCFSPCE Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 -200M -400M -600M

1.2 Ratios

With a Return On Assets value of -33.68%, SPCE is not doing good in the industry: 77.46% of the companies in the same industry are doing better.
SPCE has a worse Return On Equity (-114.94%) than 80.28% of its industry peers.
Industry RankSector Rank
ROA -33.68%
ROE -114.94%
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
SPCE Yearly ROA, ROE, ROICSPCE Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2017 2018 2019 2020 2021 2022 2023 2024 0 -20 -40 -60 -80 -100

1.3 Margins

The Profit Margin and Operating Margin and Gross Margin are not available for SPCE so they could not be analyzed.
Industry RankSector 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
SPCE Yearly Profit, Operating, Gross MarginsSPCE Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2017 2018 2019 2020 2021 2022 2023 2024 0 -50K -100K -150K -200K -250K

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3

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.
Compared to 5 years ago, SPCE has less shares outstanding
Compared to 1 year ago, SPCE has a worse debt to assets ratio.
SPCE Yearly Shares OutstandingSPCE Yearly Shares OutstandingYearly Shares Outstanding 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M 150M 200M 250M
SPCE Yearly Total Debt VS Total AssetsSPCE Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

2.2 Solvency

Based on the Altman-Z score of -4.50, we must say that SPCE is in the distress zone and has some risk of bankruptcy.
SPCE has a Altman-Z score of -4.50. This is amonst the worse of the industry: SPCE underperforms 87.32% of its industry peers.
SPCE has a Debt/Equity ratio of 1.60. This is a high value indicating a heavy dependency on external financing.
With a Debt to Equity ratio value of 1.60, SPCE is not doing good in the industry: 83.10% of the companies in the same industry are doing better.
Industry RankSector Rank
Debt/Equity 1.6
Debt/FCF N/A
Altman-Z -4.5
ROIC/WACCN/A
WACC7.41%
SPCE Yearly LT Debt VS Equity VS FCFSPCE Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2017 2018 2019 2020 2021 2022 2023 2024 0 200M -200M 400M -400M 600M 800M

2.3 Liquidity

A Current Ratio of 3.38 indicates that SPCE has no problem at all paying its short term obligations.
The Current ratio of SPCE (3.38) is better than 71.83% of its industry peers.
SPCE has a Quick Ratio of 3.38. This indicates that SPCE is financially healthy and has no problem in meeting its short term obligations.
The Quick ratio of SPCE (3.38) is better than 87.32% of its industry peers.
Industry RankSector Rank
Current Ratio 3.38
Quick Ratio 3.38
SPCE Yearly Current Assets VS Current LiabilitesSPCE Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

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6

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 56.97% over the past year.
The Revenue has been growing slightly by 3.47% in the past year.
Measured over the past years, SPCE shows a quite strong growth in Revenue. The Revenue has been growing by 13.23% on average per year.
EPS 1Y (TTM)56.97%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%59.02%
Revenue 1Y (TTM)3.47%
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.
SPCE is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 170.64% yearly.
EPS Next Y55.78%
EPS Next 2Y31.31%
EPS Next 3Y25.81%
EPS Next 5Y15.62%
Revenue Next Year-67.02%
Revenue Next 2Y214.98%
Revenue Next 3Y260.46%
Revenue Next 5Y170.64%

3.3 Evolution

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
SPCE Yearly Revenue VS EstimatesSPCE Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 200M 400M 600M 800M 1B
SPCE Yearly EPS VS EstimatesSPCE Yearly EPS VS EstimatesYearly EPS VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -10 -20 -30

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1

4. Valuation

4.1 Price/Earnings Ratio

SPCE reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Also next year SPCE is expected to report negative earnings again, which makes the also the Forward Price/Earnings Ratio negative.
Industry RankSector Rank
PE N/A
Fwd PE N/A
SPCE Price Earnings VS Forward Price EarningsSPCE Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 0 20 40 60

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
SPCE Per share dataSPCE EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 2 -2 4 -4 -6

4.3 Compensation for Growth

A more expensive valuation may be justified as SPCE's earnings are expected to grow with 25.81% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y31.31%
EPS Next 3Y25.81%

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0

5. Dividend

5.1 Amount

No dividends for SPCE!.
Industry RankSector Rank
Dividend Yield N/A

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VIRGIN GALACTIC HOLDINGS INC

NYSE:SPCE (12/5/2025, 8:04:00 PM)

After market: 4.3102 0 (0%)

4.31

-0.18 (-4.01%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)11-13 2025-11-13/amc
Earnings (Next)02-24 2026-02-24/amc
Inst Owners14.65%
Inst Owner Change10.71%
Ins Owners0.64%
Ins Owner Change0.43%
Market Cap272.39M
Revenue(TTM)7.04M
Net Income(TTM)-302.72M
Analysts51.43
Price Target4.24 (-1.62%)
Short Float %20.03%
Short Ratio2.88
Dividend
Industry RankSector Rank
Dividend Yield N/A
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)27.04%
Min EPS beat(2)13.07%
Max EPS beat(2)41.01%
EPS beat(4)4
Avg EPS beat(4)27.73%
Min EPS beat(4)13.07%
Max EPS beat(4)41.01%
EPS beat(8)8
Avg EPS beat(8)23.82%
EPS beat(12)9
Avg EPS beat(12)13.11%
EPS beat(16)10
Avg EPS beat(16)8.18%
Revenue beat(2)1
Avg Revenue beat(2)-6.65%
Min Revenue beat(2)-26.29%
Max Revenue beat(2)12.99%
Revenue beat(4)1
Avg Revenue beat(4)-44.12%
Min Revenue beat(4)-82.35%
Max Revenue beat(4)12.99%
Revenue beat(8)3
Avg Revenue beat(8)-26.65%
Revenue beat(12)5
Avg Revenue beat(12)26.87%
Revenue beat(16)8
Avg Revenue beat(16)48.21%
PT rev (1m)6.08%
PT rev (3m)6.08%
EPS NQ rev (1m)0%
EPS NQ rev (3m)4.17%
EPS NY rev (1m)0%
EPS NY rev (3m)18.96%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.21%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.3%
Valuation
Industry RankSector Rank
PE N/A
Fwd PE N/A
P/S 160.42
P/FCF N/A
P/OCF N/A
P/B 1.03
P/tB 1.03
EV/EBITDA N/A
EPS(TTM)-7.41
EYN/A
EPS(NY)-4.01
Fwd EYN/A
FCF(TTM)-7.44
FCFYN/A
OCF(TTM)-4.62
OCFYN/A
SpS0.03
BVpS4.17
TBVpS4.17
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
Industry RankSector Rank
ROA -33.68%
ROE -114.94%
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 RankSector Rank
Debt/Equity 1.6
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 1057.47%
Cap/Sales 10528.6%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio 3.38
Quick Ratio 3.38
Altman-Z -4.5
F-Score2
WACC7.41%
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 Y55.78%
EPS Next 2Y31.31%
EPS Next 3Y25.81%
EPS Next 5Y15.62%
Revenue 1Y (TTM)3.47%
Revenue growth 3Y28.84%
Revenue growth 5Y13.23%
Sales Q2Q%-9.2%
Revenue Next Year-67.02%
Revenue Next 2Y214.98%
Revenue Next 3Y260.46%
Revenue Next 5Y170.64%
EBIT growth 1Y26.31%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year32.54%
EBIT Next 3Y27.46%
EBIT Next 5Y26.38%
FCF growth 1Y8.02%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y40.31%
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 of VIRGIN GALACTIC HOLDINGS INC (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.


Can you provide the financial health for SPCE stock?

The financial health rating of VIRGIN GALACTIC HOLDINGS INC (SPCE) is 3 / 10.