VICOR CORP (VICR)
US9258151029 - Common Stock
We assign a fundamental rating of 6 out of 10 to VICR. VICR was compared to 86 industry peers in the Electrical Equipment industry. VICR has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. VICR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year VICR was profitable.
VICR had a positive operating cash flow in the past year.
Each year in the past 5 years VICR has been profitable.
Each year in the past 5 years VICR had a positive operating cash flow.
1.2 Ratios
Looking at the Return On Assets, with a value of 9.00%, VICR belongs to the top of the industry, outperforming 86.90% of the companies in the same industry.
VICR has a better Return On Equity (9.90%) than 77.38% of its industry peers.
VICR has a Return On Invested Capital of 8.27%. This is in the better half of the industry: VICR outperforms 77.38% of its industry peers.
VICR had an Average Return On Invested Capital over the past 3 years of 8.71%. This is in line with the industry average of 10.40%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9% | ||
| ROE | 9.9% | ||
| ROIC | 8.27% |
ROA(3y)8.53%
ROA(5y)7.2%
ROE(3y)9.58%
ROE(5y)8.14%
ROIC(3y)8.71%
ROIC(5y)7.26%
1.3 Margins
VICR has a Profit Margin of 13.23%. This is amongst the best in the industry. VICR outperforms 90.48% of its industry peers.
VICR's Profit Margin has improved in the last couple of years.
VICR has a Operating Margin of 12.68%. This is in the better half of the industry: VICR outperforms 77.38% of its industry peers.
VICR's Operating Margin has improved in the last couple of years.
VICR has a Gross Margin of 50.61%. This is amongst the best in the industry. VICR outperforms 96.43% of its industry peers.
In the last couple of years the Gross Margin of VICR has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.68% | ||
| PM (TTM) | 13.23% | ||
| GM | 50.61% |
OM growth 3Y29.29%
OM growth 5Y2.58%
PM growth 3Y29.91%
PM growth 5Y3.98%
GM growth 3Y4.53%
GM growth 5Y1.17%
2. Health
2.1 Basic Checks
VICR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VICR has more shares outstanding than it did 1 year ago.
VICR has more shares outstanding than it did 5 years ago.
There is no outstanding debt for VICR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 18.91 indicates that VICR is not in any danger for bankruptcy at the moment.
VICR has a Altman-Z score of 18.91. This is amongst the best in the industry. VICR outperforms 97.62% of its industry peers.
VICR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 18.91 |
ROIC/WACC0.78
WACC10.62%
2.3 Liquidity
A Current Ratio of 9.52 indicates that VICR has no problem at all paying its short term obligations.
With an excellent Current ratio value of 9.52, VICR belongs to the best of the industry, outperforming 94.05% of the companies in the same industry.
A Quick Ratio of 7.10 indicates that VICR has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 7.10, VICR belongs to the best of the industry, outperforming 94.05% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 9.52 | ||
| Quick Ratio | 7.1 |
3. Growth
3.1 Past
VICR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 67.61%, which is quite impressive.
The Earnings Per Share has been growing by 8.82% on average over the past years. This is quite good.
The Revenue has been growing slightly by 1.47% in the past year.
Measured over the past years, VICR shows a small growth in Revenue. The Revenue has been growing by 6.82% on average per year.
EPS 1Y (TTM)67.61%
EPS 3Y40.4%
EPS 5Y8.82%
EPS growth Q2Q5.56%
Revenue 1Y (TTM)1.47%
Revenue growth 3Y10.95%
Revenue growth 5Y6.82%
Revenue growth Q2Q-12.18%
3.2 Future
The Earnings Per Share is expected to decrease by -8.82% on average over the next years.
The Revenue is expected to grow by 1.61% on average over the next years.
EPS Next Y-58.86%
EPS Next 2Y-8.82%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-15.9%
Revenue Next 2Y1.61%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 27.83, VICR can be considered very expensive at the moment.
Based on the Price/Earnings ratio, VICR is valued a bit cheaper than 67.86% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.31. VICR is around the same levels.
Based on the Price/Forward Earnings ratio of 67.65, the valuation of VICR can be described as expensive.
VICR's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VICR is cheaper than 65.48% of the companies in the same industry.
VICR is valuated expensively when we compare the Price/Forward Earnings ratio to 20.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.83 | ||
| Fwd PE | 67.65 |
4.2 Price Multiples
72.62% of the companies in the same industry are more expensive than VICR, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VICR is valued a bit cheaper than the industry average as 75.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 35.86 | ||
| EV/EBITDA | 18.11 |
4.3 Compensation for Growth
VICR has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as VICR's earnings are expected to decrease with -8.82% in the coming years.
PEG (NY)N/A
PEG (5Y)3.16
EPS Next 2Y-8.82%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VICR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
VICOR CORP
NASDAQ:VICR (5/10/2024, 9:12:13 AM)
33.12
-0.25 (-0.75%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap1.47B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
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Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
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PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 27.83 | ||
| Fwd PE | 67.65 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)3.16
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9% | ||
| ROE | 9.9% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 12.68% | ||
| PM (TTM) | 13.23% | ||
| GM | 50.61% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.68
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 9.52 | ||
| Quick Ratio | 7.1 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)67.61%
EPS 3Y40.4%
EPS 5Y
EPS growth Q2Q
EPS Next Y-58.86%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)1.47%
Revenue growth 3Y10.95%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y