VICOR CORP (VICR) Stock Fundamental Analysis
NASDAQ:VICR - Nasdaq - US9258151029 - Common Stock - Currency: USD
Taking everything into account, VICR scores 6 out of 10 in our fundamental rating. VICR was compared to 93 industry peers in the Electrical Equipment industry. VICR is in great health and has no worries on liquidiy or solvency at all, but the profibility rating is only average. VICR has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year VICR was profitable.
VICR had a positive operating cash flow in the past year.
VICR had positive earnings in each of the past 5 years.
Of the past 5 years VICR 4 years had a positive operating cash flow.
1.2 Ratios
VICR has a better Return On Assets (0.72%) than 68.48% of its industry peers.
VICR's Return On Equity of 0.82% is fine compared to the rest of the industry. VICR outperforms 68.48% of its industry peers.
VICR has a Return On Invested Capital of 2.14%. This is in the better half of the industry: VICR outperforms 65.22% 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 10.21%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 0.82% | ||
| ROIC | 2.14% |
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
The Profit Margin of VICR (1.28%) is better than 69.57% of its industry peers.
VICR's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 4.59%, VICR is doing good in the industry, outperforming 72.83% 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.
Looking at the Gross Margin, with a value of 50.90%, VICR belongs to the top of the industry, outperforming 97.83% of the companies in the same industry.
In the last couple of years the Gross Margin of VICR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 4.59% | ||
| PM (TTM) | 1.28% | ||
| GM | 50.9% |
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.
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 22.96 indicates that VICR is not in any danger for bankruptcy at the moment.
The Altman-Z score of VICR (22.96) is better than 96.74% 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 | 22.96 |
ROIC/WACC0.24
WACC9.04%
2.3 Liquidity
A Current Ratio of 6.41 indicates that VICR has no problem at all paying its short term obligations.
With an excellent Current ratio value of 6.41, VICR belongs to the best of the industry, outperforming 93.48% of the companies in the same industry.
VICR has a Quick Ratio of 4.90. This indicates that VICR is financially healthy and has no problem in meeting its short term obligations.
VICR has a Quick ratio of 4.90. This is amongst the best in the industry. VICR outperforms 90.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 6.41 | ||
| Quick Ratio | 4.9 |
3. Growth
3.1 Past
The earnings per share for VICR have decreased strongly by -56.30% in the last year.
VICR shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.52% yearly.
The Revenue for VICR has decreased by -11.33% in the past year. This is quite bad
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)-56.3%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%21.05%
Revenue 1Y (TTM)-11.33%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%3.8%
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 71.53% on average per year.
VICR is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 14.44% yearly.
EPS Next Y108.71%
EPS Next 2Y71.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year10.7%
Revenue Next 2Y14.44%
Revenue Next 3YN/A
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 124.44 indicates a quite expensive valuation of VICR.
Based on the Price/Earnings ratio, VICR is valued a bit cheaper than 69.57% of the companies in the same industry.
VICR is valuated expensively when we compare the Price/Earnings ratio to 29.43, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 59.63 indicates a quite expensive valuation of VICR.
Based on the Price/Forward Earnings ratio, VICR is valued a bit cheaper than 66.30% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.65. VICR is valued rather expensively when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 124.44 | ||
| Fwd PE | 59.63 |
4.2 Price Multiples
VICR's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. VICR is cheaper than 63.04% of the companies in the same industry.
67.39% 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 | 87.87 | ||
| EV/EBITDA | 71.53 |
4.3 Compensation for Growth
The 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 71.53% in the coming years.
PEG (NY)1.14
PEG (5Y)13.07
EPS Next 2Y71.53%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VICR!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
64.71
+4.27 (+7.06%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryElectrical Equipment
Earnings (Last)
Earnings (Next)
Inst Owners60.36%
Inst Owner Change-95.89%
Ins Owners64.14%
Ins Owner Change-0.12%
Market Cap2.92B
Analysts77.78
Price Target47.43 (-26.7%)
Short Float %13.48%
Short Ratio7.58
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly Dividend0
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)-22.97%
Min EPS beat(2)-128.01%
Max EPS beat(2)82.07%
EPS beat(4)1
Avg EPS beat(4)-35.18%
Min EPS beat(4)-128.01%
Max EPS beat(4)82.07%
EPS beat(8)4
Avg EPS beat(8)-10.53%
EPS beat(12)5
Avg EPS beat(12)-6.93%
EPS beat(16)8
Avg EPS beat(16)-0.31%
Revenue beat(2)2
Avg Revenue beat(2)5.05%
Min Revenue beat(2)2.94%
Max Revenue beat(2)7.16%
Revenue beat(4)2
Avg Revenue beat(4)-2.03%
Min Revenue beat(4)-15.16%
Max Revenue beat(4)7.16%
Revenue beat(8)4
Avg Revenue beat(8)-1.23%
Revenue beat(12)5
Avg Revenue beat(12)-1.53%
Revenue beat(16)7
Avg Revenue beat(16)-2.09%
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 | 124.44 | ||
| Fwd PE | 59.63 | ||
| P/S | 8.21 | ||
| P/FCF | 87.87 | ||
| P/OCF | 46.9 | ||
| P/B | 5.27 | ||
| P/tB | 5.27 | ||
| EV/EBITDA | 71.53 |
EPS(TTM)0.52
EY0.8%
EPS(NY)1.09
Fwd EY1.68%
FCF(TTM)0.74
FCFY1.14%
OCF(TTM)1.38
OCFY2.13%
SpS7.88
BVpS12.29
TBVpS12.29
PEG (NY)1.14
PEG (5Y)13.07
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 0.82% | ||
| ROCE | 2.9% | ||
| ROIC | 2.14% | ||
| ROICexc | 4.09% | ||
| ROICexgc | 4.09% | ||
| OM | 4.59% | ||
| PM (TTM) | 1.28% | ||
| GM | 50.9% | ||
| FCFM | 9.35% |
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-39.92%
ROICexcg growth 5Y-11.33%
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-Score5
Asset Turnover0.56
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 160.77% | ||
| Cap/Sales | 8.16% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 181.05% | ||
| Profit Quality | 730.28% | ||
| Current Ratio | 6.41 | ||
| Quick Ratio | 4.9 | ||
| Altman-Z | 22.96 |
F-Score5
WACC9.04%
ROIC/WACC0.24
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-56.3%
EPS 3Y-25.55%
EPS 5Y9.52%
EPS Q2Q%21.05%
EPS Next Y108.71%
EPS Next 2Y71.53%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-11.33%
Revenue growth 3Y-0.03%
Revenue growth 5Y6.42%
Sales Q2Q%3.8%
Revenue Next Year10.7%
Revenue Next 2Y14.44%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-68.65%
EBIT growth 3Y-31.09%
EBIT growth 5Y5.68%
EBIT Next Year334.13%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y122.46%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y15.47%
OCF growth 3YN/A
OCF growth 5YN/A