VINCE HOLDING CORP (VNCE) Stock Fundamental Analysis
NYSE:VNCE - New York Stock Exchange, Inc. - US92719W2070 - Common Stock - Currency: USD
Taking everything into account, VNCE scores 3 out of 10 in our fundamental rating. VNCE was compared to 50 industry peers in the Textiles, Apparel & Luxury Goods industry. VNCE may be in some trouble as it scores bad on both profitability and health. VNCE has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year VNCE was profitable.
VNCE had a positive operating cash flow in the past year.
In the past 5 years VNCE reported 4 times negative net income.
In multiple years VNCE reported negative operating cash flow during the last 5 years.
1.2 Ratios
VNCE has a Return On Assets of -12.95%. This is in the lower half of the industry: VNCE underperforms 76.00% of its industry peers.
With a Return On Equity value of -75.95%, VNCE is not doing good in the industry: 82.00% of the companies in the same industry are doing better.
VNCE has a worse Return On Invested Capital (2.39%) than 68.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.95% | ||
| ROE | -75.95% | ||
| ROIC | 2.39% |
ROA(3y)-3.29%
ROA(5y)-6.67%
ROE(3y)-60.11%
ROE(5y)-60.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VNCE has a Operating Margin of 1.63%. This is in the lower half of the industry: VNCE underperforms 68.00% of its industry peers.
VNCE's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 49.43%, VNCE perfoms like the industry average, outperforming 54.00% of the companies in the same industry.
In the last couple of years the Gross Margin of VNCE has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.63% | ||
| PM (TTM) | N/A | ||
| GM | 49.43% |
OM growth 3Y150.69%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.88%
GM growth 5Y0.8%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VNCE is destroying value.
Compared to 1 year ago, VNCE has more shares outstanding
VNCE has more shares outstanding than it did 5 years ago.
The debt/assets ratio for VNCE has been reduced compared to a year ago.
2.2 Solvency
VNCE has an Altman-Z score of -5.53. This is a bad value and indicates that VNCE is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of -5.53, VNCE is not doing good in the industry: 86.00% of the companies in the same industry are doing better.
VNCE has a debt to FCF ratio of 3.78. This is a good value and a sign of high solvency as VNCE would need 3.78 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 3.78, VNCE is doing good in the industry, outperforming 64.00% of the companies in the same industry.
VNCE has a Debt/Equity ratio of 0.93. This is a neutral value indicating VNCE is somewhat dependend on debt financing.
VNCE has a worse Debt to Equity ratio (0.93) than 66.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | -5.53 |
ROIC/WACC0.39
WACC6.2%
2.3 Liquidity
A Current Ratio of 1.57 indicates that VNCE should not have too much problems paying its short term obligations.
The Current ratio of VNCE (1.57) is worse than 64.00% of its industry peers.
VNCE has a Quick Ratio of 1.57. This is a bad value and indicates that VNCE is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of VNCE (0.55) is worse than 88.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
The earnings per share for VNCE have decreased strongly by -57.89% in the last year.
The Earnings Per Share has been decreasing by -3.75% on average over the past years.
Looking at the last year, VNCE shows a small growth in Revenue. The Revenue has grown by 1.48% in the last year.
The Revenue has been decreasing by -4.80% on average over the past years.
EPS 1Y (TTM)-57.89%
EPS 3YN/A
EPS 5Y-3.75%
EPS Q2Q%-42.31%
Revenue 1Y (TTM)1.48%
Revenue growth 3Y-3.12%
Revenue growth 5Y-4.8%
Sales Q2Q%-2.09%
3.2 Future
VNCE is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 13.51% yearly.
Based on estimates for the next years, VNCE will show a small growth in Revenue. The Revenue will grow by 3.63% on average per year.
EPS Next Y-314.74%
EPS Next 2Y13.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.36%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
Based on the Price/Earnings ratio of 19.63, the valuation of VNCE can be described as rather expensive.
VNCE's Price/Earnings is on the same level as the industry average.
VNCE's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 26.48.
With a Price/Forward Earnings ratio of 6.41, the valuation of VNCE can be described as very cheap.
VNCE's Price/Forward Earnings ratio is rather cheap when compared to the industry. VNCE is cheaper than 96.00% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.04, VNCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 6.41 |
4.2 Price Multiples
80.00% of the companies in the same industry are more expensive than VNCE, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, VNCE is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.19 | ||
| EV/EBITDA | 6.15 |
4.3 Compensation for Growth
VNCE's earnings are expected to grow with 13.51% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.51%
EPS Next 3YN/A
5. Dividend
5.1 Amount
VNCE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.57
-0.03 (-1.88%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners7.12%
Inst Owner Change0%
Ins Owners3.09%
Ins Owner Change-0.05%
Market Cap20.17M
Analysts82.5
Price Target3.32 (111.46%)
Short Float %4.22%
Short Ratio1.7
Dividend
| Industry Rank | Sector 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)87.78%
Min EPS beat(2)13.63%
Max EPS beat(2)161.92%
EPS beat(4)4
Avg EPS beat(4)74.83%
Min EPS beat(4)4.17%
Max EPS beat(4)161.92%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)2
Avg Revenue beat(2)4.12%
Min Revenue beat(2)1.21%
Max Revenue beat(2)7.04%
Revenue beat(4)3
Avg Revenue beat(4)2.68%
Min Revenue beat(4)-4.1%
Max Revenue beat(4)7.04%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-40.91%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-305.13%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.29%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 6.41 | ||
| P/S | 0.07 | ||
| P/FCF | 2.19 | ||
| P/OCF | 1.43 | ||
| P/B | 0.54 | ||
| P/tB | 0.54 | ||
| EV/EBITDA | 6.15 |
EPS(TTM)0.08
EY5.1%
EPS(NY)0.24
Fwd EY15.59%
FCF(TTM)0.72
FCFY45.62%
OCF(TTM)1.1
OCFY69.99%
SpS22.74
BVpS2.89
TBVpS2.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -12.95% | ||
| ROE | -75.95% | ||
| ROCE | 3.02% | ||
| ROIC | 2.39% | ||
| ROICexc | 2.43% | ||
| ROICexgc | 2.43% | ||
| OM | 1.63% | ||
| PM (TTM) | N/A | ||
| GM | 49.43% | ||
| FCFM | 3.15% |
ROA(3y)-3.29%
ROA(5y)-6.67%
ROE(3y)-60.11%
ROE(5y)-60.43%
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
ROICexcg growth 3Y136.27%
ROICexcg growth 5YN/A
ROICexc growth 3Y186.77%
ROICexc growth 5YN/A
OM growth 3Y150.69%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.88%
GM growth 5Y0.8%
F-Score5
Asset Turnover1.34
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 3.78 | ||
| Debt/EBITDA | 4.08 | ||
| Cap/Depr | 130.95% | ||
| Cap/Sales | 1.68% | ||
| Interest Coverage | 2.37 | ||
| Cash Conversion | 165.94% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.55 | ||
| Altman-Z | -5.53 |
F-Score5
WACC6.2%
ROIC/WACC0.39
Cap/Depr(3y)56.19%
Cap/Depr(5y)59.43%
Cap/Sales(3y)0.91%
Cap/Sales(5y)1.18%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-57.89%
EPS 3YN/A
EPS 5Y-3.75%
EPS Q2Q%-42.31%
EPS Next Y-314.74%
EPS Next 2Y13.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)1.48%
Revenue growth 3Y-3.12%
Revenue growth 5Y-4.8%
Sales Q2Q%-2.09%
Revenue Next Year2.36%
Revenue Next 2Y3.63%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y23675%
EBIT growth 3Y142.87%
EBIT growth 5YN/A
EBIT Next Year-67.57%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y177.67%
FCF growth 3YN/A
FCF growth 5Y7.7%
OCF growth 1Y247.54%
OCF growth 3YN/A
OCF growth 5Y5.57%