VICOR CORP (VICR) Stock Fundamental Analysis
USA - NASDAQ:VICR - US9258151029 - Common Stock
52.21 USD
+0.15 (+0.29%)
52.21 USD
0 (0%)
We assign a fundamental rating of 6 out of 10 to VICR. VICR was compared to 92 industry peers in the Electrical Equipment industry. VICR gets an excellent profitability rating and is at the same time showing great financial health properties. VICR is not valued too expensively and it also shows a decent growth rate. This makes VICR very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year VICR was profitable.
VICR had a positive operating cash flow in the past year.
In the past 5 years VICR has always been profitable.
VICR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VICR (9.45%) is better than 92.39% of its industry peers.
VICR has a Return On Equity of 10.77%. This is amongst the best in the industry. VICR outperforms 82.61% of its industry peers.
VICR has a Return On Invested Capital of 1.76%. This is in the better half of the industry: VICR outperforms 64.13% of its industry peers.
The Average Return On Invested Capital over the past 3 years for VICR is significantly below the industry average of 9.86%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.45% | ||
| ROE | 10.77% | ||
| ROIC | 1.76% |
ROA(3y)4.9%
ROA(5y)6.21%
ROE(3y)5.49%
ROE(5y)6.98%
ROIC(3y)4.82%
ROIC(5y)5.53%
1.3 Margins
VICR has a better Profit Margin (17.27%) than 94.57% of its industry peers.
VICR's Profit Margin has declined in the last couple of years.
VICR has a Operating Margin of 3.91%. This is in the better half of the industry: VICR outperforms 68.48% of its industry peers.
VICR's Operating Margin has been stable in the last couple of years.
The Gross Margin of VICR (49.45%) is better than 94.57% of its industry peers.
In the last couple of years the Gross Margin of VICR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 3.91% | ||
| PM (TTM) | 17.27% | ||
| GM | 49.45% |
OM growth 3Y-31.07%
OM growth 5Y-0.7%
PM growth 3Y-52.32%
PM growth 5Y-20.46%
GM growth 3Y1.11%
GM growth 5Y1.85%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VICR is destroying value.
Compared to 1 year ago, VICR has more shares outstanding
The number of shares outstanding for VICR has been increased compared to 5 years ago.
VICR has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
An Altman-Z score of 18.65 indicates that VICR is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 18.65, VICR belongs to the best of the industry, outperforming 96.74% of the companies in the same industry.
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.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 18.65 |
ROIC/WACC0.2
WACC8.68%
2.3 Liquidity
A Current Ratio of 6.97 indicates that VICR has no problem at all paying its short term obligations.
The Current ratio of VICR (6.97) is better than 92.39% of its industry peers.
VICR has a Quick Ratio of 5.68. This indicates that VICR is financially healthy and has no problem in meeting its short term obligations.
VICR has a Quick ratio of 5.68. This is amongst the best in the industry. VICR outperforms 92.39% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.97 | ||
| Quick Ratio | 5.68 |
3. Growth
3.1 Past
VICR shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -20.34%.
The Earnings Per Share has been growing by 9.52% on average over the past years. This is quite good.
VICR shows a small growth in Revenue. In the last year, the Revenue has grown by 2.48%.
The Revenue has been growing slightly by 6.42% on average over the past years.
EPS 1Y (TTM)-20.34%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%-166.67%
Revenue 1Y (TTM)2.48%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%64.29%
3.2 Future
The Earnings Per Share is expected to grow by 59.89% on average over the next years. This is a very strong growth
VICR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.97% yearly.
EPS Next Y101.06%
EPS Next 2Y59.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year19.6%
Revenue Next 2Y11.97%
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
A Price/Earnings ratio of 111.09 indicates a quite expensive valuation of VICR.
Based on the Price/Earnings ratio, VICR is valued a bit cheaper than 67.39% of the companies in the same industry.
VICR is valuated expensively when we compare the Price/Earnings ratio to 27.20, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 39.27, VICR can be considered very expensive at the moment.
69.57% of the companies in the same industry are more expensive than VICR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of VICR to the average of the S&P500 Index (22.70), we can say VICR is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 111.09 | ||
| Fwd PE | 39.27 |
4.2 Price Multiples
VICR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VICR is cheaper than 66.30% of the companies in the same industry.
83.70% of the companies in the same industry are more expensive than VICR, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 24.15 | ||
| EV/EBITDA | 58.07 |
4.3 Compensation for Growth
VICR's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
VICR has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as VICR's earnings are expected to grow with 59.89% in the coming years.
PEG (NY)1.1
PEG (5Y)11.67
EPS Next 2Y59.89%
EPS Next 3YN/A
5. Dividend
5.1 Amount
VICR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
52.21
+0.15 (+0.29%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners60.76%
Inst Owner Change-4.46%
Ins Owners31.03%
Ins Owner Change0.02%
Market Cap2.35B
Analysts77.78
Price Target53.55 (2.57%)
Short Float %5.75%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-117.87%
Min EPS beat(2)-156.02%
Max EPS beat(2)-79.72%
EPS beat(4)2
Avg EPS beat(4)-35.92%
Min EPS beat(4)-156.02%
Max EPS beat(4)82.07%
EPS beat(8)3
Avg EPS beat(8)-44.97%
EPS beat(12)5
Avg EPS beat(12)-27.33%
EPS beat(16)6
Avg EPS beat(16)-21.52%
Revenue beat(2)1
Avg Revenue beat(2)19.36%
Min Revenue beat(2)-4.66%
Max Revenue beat(2)43.39%
Revenue beat(4)3
Avg Revenue beat(4)12.37%
Min Revenue beat(4)-4.66%
Max Revenue beat(4)43.39%
Revenue beat(8)4
Avg Revenue beat(8)4.17%
Revenue beat(12)6
Avg Revenue beat(12)2.61%
Revenue beat(16)7
Avg Revenue beat(16)0.55%
PT rev (1m)5%
PT rev (3m)5%
EPS NQ rev (1m)-9.68%
EPS NQ rev (3m)-42.56%
EPS NY rev (1m)60.16%
EPS NY rev (3m)-31.67%
Revenue NQ rev (1m)-1.86%
Revenue NQ rev (3m)-4.7%
Revenue NY rev (1m)2.59%
Revenue NY rev (3m)4.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 111.09 | ||
| Fwd PE | 39.27 | ||
| P/S | 6.18 | ||
| P/FCF | 24.15 | ||
| P/OCF | 19.87 | ||
| P/B | 3.85 | ||
| P/tB | 3.85 | ||
| EV/EBITDA | 58.07 |
EPS(TTM)0.47
EY0.9%
EPS(NY)1.33
Fwd EY2.55%
FCF(TTM)2.16
FCFY4.14%
OCF(TTM)2.63
OCFY5.03%
SpS8.44
BVpS13.55
TBVpS13.55
PEG (NY)1.1
PEG (5Y)11.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.45% | ||
| ROE | 10.77% | ||
| ROCE | 2.39% | ||
| ROIC | 1.76% | ||
| ROICexc | 3.89% | ||
| ROICexgc | 3.89% | ||
| OM | 3.91% | ||
| PM (TTM) | 17.27% | ||
| GM | 49.45% | ||
| FCFM | 25.6% |
ROA(3y)4.9%
ROA(5y)6.21%
ROE(3y)5.49%
ROE(5y)6.98%
ROIC(3y)4.82%
ROIC(5y)5.53%
ROICexc(3y)8.51%
ROICexc(5y)10.98%
ROICexgc(3y)8.52%
ROICexgc(5y)11%
ROCE(3y)6.53%
ROCE(5y)7.5%
ROICexcg growth 3Y-39.91%
ROICexcg growth 5Y-11.32%
ROICexc growth 3Y-39.89%
ROICexc growth 5Y-11.26%
OM growth 3Y-31.07%
OM growth 5Y-0.7%
PM growth 3Y-52.32%
PM growth 5Y-20.46%
GM growth 3Y1.11%
GM growth 5Y1.85%
F-Score7
Asset Turnover0.55
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 106.16% | ||
| Cap/Sales | 5.52% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 341.6% | ||
| Profit Quality | 148.18% | ||
| Current Ratio | 6.97 | ||
| Quick Ratio | 5.68 | ||
| Altman-Z | 18.65 |
F-Score7
WACC8.68%
ROIC/WACC0.2
Cap/Depr(3y)261.66%
Cap/Depr(5y)290.38%
Cap/Sales(3y)10.29%
Cap/Sales(5y)10.76%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-20.34%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%-166.67%
EPS Next Y101.06%
EPS Next 2Y59.89%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)2.48%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%64.29%
Revenue Next Year19.6%
Revenue Next 2Y11.97%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-44.36%
EBIT growth 3Y-31.09%
EBIT growth 5Y5.68%
EBIT Next Year191.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y1174.14%
FCF growth 3Y59.76%
FCF growth 5Y22.89%
OCF growth 1Y221.83%
OCF growth 3Y-2.25%
OCF growth 5Y18.01%