VINCE HOLDING CORP (VNCE) Stock Fundamental Analysis
NYSE:VNCE - New York Stock Exchange, Inc. - US92719W2070 - Common Stock - Currency: USD
Overall VNCE gets a fundamental rating of 3 out of 10. We evaluated VNCE against 48 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 scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
VNCE had positive earnings in the past year.
VNCE had a positive operating cash flow in the past year.
In multiple years VNCE reported negative net income over the last 5 years.
The reported operating cash flow has been mixed in the past 5 years: VNCE reported negative operating cash flow in multiple years.
1.2 Ratios
VNCE has a Return On Assets of 1.82%. This is comparable to the rest of the industry: VNCE outperforms 43.75% of its industry peers.
With a Return On Equity value of 8.11%, VNCE perfoms like the industry average, outperforming 54.17% of the companies in the same industry.
The Return On Invested Capital of VNCE (1.28%) is worse than 72.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.82% | ||
| ROE | 8.11% | ||
| ROIC | 1.28% |
ROA(3y)-1.7%
ROA(5y)-3.28%
ROE(3y)-52.49%
ROE(5y)-46.66%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
VNCE has a Profit Margin of 1.60%. This is comparable to the rest of the industry: VNCE outperforms 43.75% of its industry peers.
Looking at the Operating Margin, with a value of 1.10%, VNCE is doing worse than 72.92% of the companies in the same industry.
VNCE has a Gross Margin (48.22%) which is in line with its industry peers.
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 | 1.1% | ||
| PM (TTM) | 1.6% | ||
| GM | 48.22% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y4.14%
GM growth 5Y-0.57%
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
Compared to 5 years ago, VNCE has more shares outstanding
Compared to 1 year ago, VNCE has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -4.53, we must say that VNCE is in the distress zone and has some risk of bankruptcy.
VNCE has a worse Altman-Z score (-4.53) than 93.75% of its industry peers.
VNCE has a debt to FCF ratio of 4.66. This is a neutral value as VNCE would need 4.66 years to pay back of all of its debts.
The Debt to FCF ratio of VNCE (4.66) is comparable to the rest of the industry.
VNCE has a Debt/Equity ratio of 0.89. This is a neutral value indicating VNCE is somewhat dependend on debt financing.
VNCE has a worse Debt to Equity ratio (0.89) than 68.75% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.66 | ||
| Altman-Z | -4.53 |
ROIC/WACC0.14
WACC8.81%
2.3 Liquidity
VNCE has a Current Ratio of 1.74. This is a normal value and indicates that VNCE is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of VNCE (1.74) is comparable to the rest of the industry.
VNCE has a Quick Ratio of 1.74. This is a bad value and indicates that VNCE is not financially healthy enough and could expect problems in meeting its short term obligations.
VNCE's Quick ratio of 0.64 is on the low side compared to the rest of the industry. VNCE is outperformed by 89.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.74 | ||
| Quick Ratio | 0.64 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 179.17% over the past year.
VNCE shows a decrease in Revenue. In the last year, the revenue decreased by -6.50%.
Measured over the past years, VNCE shows a decrease in Revenue. The Revenue has been decreasing by -4.13% on average per year.
EPS 1Y (TTM)179.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
Revenue 1Y (TTM)-6.5%
Revenue growth 3Y10.03%
Revenue growth 5Y-4.13%
Sales Q2Q%0%
3.2 Future
The Earnings Per Share is expected to grow by 30.08% on average over the next years. This is a very strong growth
VNCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.88% yearly.
EPS Next Y79.84%
EPS Next 2Y2.32%
EPS Next 3Y30.08%
EPS Next 5YN/A
Revenue Next Year-0.23%
Revenue Next 2Y2.74%
Revenue Next 3Y2.88%
Revenue Next 5YN/A
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
The Price/Earnings ratio is 10.53, which indicates a very decent valuation of VNCE.
75.00% of the companies in the same industry are more expensive than VNCE, based on the Price/Earnings ratio.
VNCE is valuated cheaply when we compare the Price/Earnings ratio to 28.10, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 10.06, which indicates a very decent valuation of VNCE.
81.25% of the companies in the same industry are more expensive than VNCE, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 20.74, VNCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.53 | ||
| Fwd PE | 10.06 |
4.2 Price Multiples
VNCE's Enterprise Value to EBITDA is on the same level as the industry average.
Based on the Price/Free Cash Flow ratio, VNCE is valued cheaper than 97.92% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.32 | ||
| EV/EBITDA | 10.01 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VNCE's earnings are expected to grow with 30.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y2.32%
EPS Next 3Y30.08%
5. Dividend
5.1 Amount
VNCE does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
2
-0.25 (-11.11%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Durables & Apparel
GICS IndustryTextiles, Apparel & Luxury Goods
Earnings (Last)
Earnings (Next)
Inst Owners7.68%
Inst Owner Change-0.47%
Ins Owners3.63%
Ins Owner Change-1.59%
Market Cap25.22M
Analysts82.5
Price Target6.63 (231.5%)
Short Float %2.72%
Short Ratio2.35
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)61.89%
Min EPS beat(2)4.17%
Max EPS beat(2)119.61%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
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)1
Avg Revenue beat(2)1.24%
Min Revenue beat(2)-4.1%
Max Revenue beat(2)6.58%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
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)0%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 10.53 | ||
| Fwd PE | 10.06 | ||
| P/S | 0.09 | ||
| P/FCF | 2.32 | ||
| P/OCF | 1.79 | ||
| P/B | 0.44 | ||
| P/tB | 1 | ||
| EV/EBITDA | 10.01 |
EPS(TTM)0.19
EY9.5%
EPS(NY)0.2
Fwd EY9.95%
FCF(TTM)0.86
FCFY43.07%
OCF(TTM)1.12
OCFY56.02%
SpS22.9
BVpS4.53
TBVpS1.99
PEG (NY)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.82% | ||
| ROE | 8.11% | ||
| ROCE | 1.62% | ||
| ROIC | 1.28% | ||
| ROICexc | 1.28% | ||
| ROICexgc | 1.53% | ||
| OM | 1.1% | ||
| PM (TTM) | 1.6% | ||
| GM | 48.22% | ||
| FCFM | 3.76% |
ROA(3y)-1.7%
ROA(5y)-3.28%
ROE(3y)-52.49%
ROE(5y)-46.66%
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 3YN/A
ROICexcg 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 3Y4.14%
GM growth 5Y-0.57%
F-Score6
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 4.66 | ||
| Debt/EBITDA | 6.76 | ||
| Cap/Depr | 75.89% | ||
| Cap/Sales | 1.13% | ||
| Interest Coverage | 1.58 | ||
| Cash Conversion | 188.78% | ||
| Profit Quality | 234.62% | ||
| Current Ratio | 1.74 | ||
| Quick Ratio | 0.64 | ||
| Altman-Z | -4.53 |
F-Score6
WACC8.81%
ROIC/WACC0.14
Cap/Depr(3y)46.93%
Cap/Depr(5y)47.72%
Cap/Sales(3y)0.95%
Cap/Sales(5y)1.13%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)179.17%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%0%
EPS Next Y79.84%
EPS Next 2Y2.32%
EPS Next 3Y30.08%
EPS Next 5YN/A
Revenue 1Y (TTM)-6.5%
Revenue growth 3Y10.03%
Revenue growth 5Y-4.13%
Sales Q2Q%0%
Revenue Next Year-0.23%
Revenue Next 2Y2.74%
Revenue Next 3Y2.88%
Revenue Next 5YN/A
EBIT growth 1Y157.12%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year935.22%
EBIT Next 3Y180.51%
EBIT Next 5YN/A
FCF growth 1Y138.94%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y156.83%
OCF growth 3YN/A
OCF growth 5Y-8.94%