VICOR CORP (VICR) Stock Fundamental Analysis
USA - NASDAQ:VICR - US9258151029 - Common Stock
87.08 USD
-1.92 (-2.16%)
87.08 USD
0 (0%)
We assign a fundamental rating of 7 out of 10 to VICR. VICR was compared to 91 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 overvalued while it is showing excellent growth. This is an interesting combination. These ratings could make VICR a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
VICR had positive earnings in the past year.
VICR had a positive operating cash flow in the past year.
In the past 5 years VICR has always been profitable.
In the past 5 years VICR always reported a positive cash flow from operatings.
1.2 Ratios
VICR has a better Return On Assets (11.58%) than 94.51% of its industry peers.
VICR has a better Return On Equity (13.06%) than 83.52% of its industry peers.
VICR has a Return On Invested Capital of 3.50%. This is in the better half of the industry: VICR outperforms 65.93% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VICR is significantly below the industry average of 10.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.58% | ||
| ROE | 13.06% | ||
| ROIC | 3.5% |
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 (20.74%) than 97.80% of its industry peers.
VICR's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 7.65%, VICR is doing good in the industry, outperforming 75.82% of the companies in the same industry.
In the last couple of years the Operating Margin of VICR has remained more or less at the same level.
The Gross Margin of VICR (51.78%) is better than 96.70% of its industry peers.
VICR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.65% | ||
| PM (TTM) | 20.74% | ||
| GM | 51.78% |
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
VICR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, VICR has more shares outstanding
VICR has more shares outstanding than it did 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 32.14 indicates that VICR is not in any danger for bankruptcy at the moment.
The Altman-Z score of VICR (32.14) is better than 97.80% of its industry peers.
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 | 32.14 |
ROIC/WACC0.4
WACC8.78%
2.3 Liquidity
VICR has a Current Ratio of 7.55. This indicates that VICR is financially healthy and has no problem in meeting its short term obligations.
VICR's Current ratio of 7.55 is amongst the best of the industry. VICR outperforms 91.21% of its industry peers.
VICR has a Quick Ratio of 6.25. This indicates that VICR is financially healthy and has no problem in meeting its short term obligations.
VICR has a better Quick ratio (6.25) than 91.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 7.55 | ||
| Quick Ratio | 6.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 75.00% over the past year.
Measured over the past years, VICR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 9.52% on average per year.
Looking at the last year, VICR shows a quite strong growth in Revenue. The Revenue has grown by 11.55% in the last year.
Measured over the past years, VICR shows a small growth in Revenue. The Revenue has been growing by 6.42% on average per year.
EPS 1Y (TTM)75%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%142.31%
Revenue 1Y (TTM)11.55%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%18.52%
3.2 Future
Based on estimates for the next years, VICR will show a very strong growth in Earnings Per Share. The EPS will grow by 74.45% on average per year.
VICR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.84% yearly.
EPS Next Y209.92%
EPS Next 2Y100.67%
EPS Next 3Y74.45%
EPS Next 5YN/A
Revenue Next Year27.7%
Revenue Next 2Y15.04%
Revenue Next 3Y14.84%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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 103.67 indicates a quite expensive valuation of VICR.
64.84% of the companies in the same industry are more expensive than VICR, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of VICR to the average of the S&P500 Index (25.89), we can say VICR is valued expensively.
A Price/Forward Earnings ratio of 41.58 indicates a quite expensive valuation of VICR.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VICR indicates a somewhat cheap valuation: VICR is cheaper than 65.93% of the companies listed in the same industry.
VICR is valuated rather expensively when we compare the Price/Forward Earnings ratio to 34.59, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 103.67 | ||
| Fwd PE | 41.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VICR indicates a somewhat cheap valuation: VICR is cheaper than 62.64% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, VICR is valued a bit cheaper than 75.82% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 33.31 | ||
| EV/EBITDA | 71.89 |
4.3 Compensation for Growth
VICR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of VICR may justify a higher PE ratio.
A more expensive valuation may be justified as VICR's earnings are expected to grow with 74.45% in the coming years.
PEG (NY)0.49
PEG (5Y)10.89
EPS Next 2Y100.67%
EPS Next 3Y74.45%
5. Dividend
5.1 Amount
VICR does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
87.08
-1.92 (-2.16%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners58.33%
Inst Owner Change1.14%
Ins Owners31.31%
Ins Owner Change-0.31%
Market Cap3.91B
Revenue(TTM)396.60M
Net Income(TTM)82.27M
Analysts80
Price Target88.4 (1.52%)
Short Float %5.95%
Short Ratio3.05
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)1
Avg EPS beat(2)92.58%
Min EPS beat(2)-156.02%
Max EPS beat(2)341.18%
EPS beat(4)2
Avg EPS beat(4)28.86%
Min EPS beat(4)-156.02%
Max EPS beat(4)341.18%
EPS beat(8)3
Avg EPS beat(8)-3.16%
EPS beat(12)6
Avg EPS beat(12)2.6%
EPS beat(16)7
Avg EPS beat(16)2.02%
Revenue beat(2)2
Avg Revenue beat(2)28.44%
Min Revenue beat(2)13.48%
Max Revenue beat(2)43.39%
Revenue beat(4)3
Avg Revenue beat(4)13.94%
Min Revenue beat(4)-4.66%
Max Revenue beat(4)43.39%
Revenue beat(8)5
Avg Revenue beat(8)5.96%
Revenue beat(12)7
Avg Revenue beat(12)3.83%
Revenue beat(16)8
Avg Revenue beat(16)2.34%
PT rev (1m)65.08%
PT rev (3m)73.33%
EPS NQ rev (1m)22.42%
EPS NQ rev (3m)-13.41%
EPS NY rev (1m)25.9%
EPS NY rev (3m)146.88%
Revenue NQ rev (1m)6.29%
Revenue NQ rev (3m)0.41%
Revenue NY rev (1m)6.77%
Revenue NY rev (3m)9.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 103.67 | ||
| Fwd PE | 41.58 | ||
| P/S | 9.86 | ||
| P/FCF | 33.31 | ||
| P/OCF | 29.2 | ||
| P/B | 6.21 | ||
| P/tB | 6.21 | ||
| EV/EBITDA | 71.89 |
EPS(TTM)0.84
EY0.96%
EPS(NY)2.09
Fwd EY2.4%
FCF(TTM)2.61
FCFY3%
OCF(TTM)2.98
OCFY3.42%
SpS8.83
BVpS14.03
TBVpS14.03
PEG (NY)0.49
PEG (5Y)10.89
Graham Number16.28
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.58% | ||
| ROE | 13.06% | ||
| ROCE | 4.75% | ||
| ROIC | 3.5% | ||
| ROICexc | 8.08% | ||
| ROICexgc | 8.08% | ||
| OM | 7.65% | ||
| PM (TTM) | 20.74% | ||
| GM | 51.78% | ||
| FCFM | 29.61% |
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%
ROICexgc growth 3Y-39.91%
ROICexgc 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-Score8
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 81.64% | ||
| Cap/Sales | 4.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 264.88% | ||
| Profit Quality | 142.76% | ||
| Current Ratio | 7.55 | ||
| Quick Ratio | 6.25 | ||
| Altman-Z | 32.14 |
F-Score8
WACC8.78%
ROIC/WACC0.4
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)75%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%142.31%
EPS Next Y209.92%
EPS Next 2Y100.67%
EPS Next 3Y74.45%
EPS Next 5YN/A
Revenue 1Y (TTM)11.55%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%18.52%
Revenue Next Year27.7%
Revenue Next 2Y15.04%
Revenue Next 3Y14.84%
Revenue Next 5YN/A
EBIT growth 1Y85.8%
EBIT growth 3Y-31.09%
EBIT growth 5Y5.68%
EBIT Next Year191.23%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y686.12%
FCF growth 3Y59.76%
FCF growth 5Y22.89%
OCF growth 1Y148.44%
OCF growth 3Y-2.25%
OCF growth 5Y18.01%
VICOR CORP / VICR FAQ
What is the ChartMill fundamental rating of VICOR CORP (VICR) stock?
ChartMill assigns a fundamental rating of 7 / 10 to VICR.
What is the valuation status of VICOR CORP (VICR) stock?
ChartMill assigns a valuation rating of 5 / 10 to VICOR CORP (VICR). This can be considered as Fairly Valued.
Can you provide the profitability details for VICOR CORP?
VICOR CORP (VICR) has a profitability rating of 7 / 10.
Can you provide the PE and PB ratios for VICR stock?
The Price/Earnings (PE) ratio for VICOR CORP (VICR) is 103.67 and the Price/Book (PB) ratio is 6.21.
What is the earnings growth outlook for VICOR CORP?
The Earnings per Share (EPS) of VICOR CORP (VICR) is expected to grow by 209.92% in the next year.