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 49 industry peers in the Textiles, Apparel & Luxury Goods industry. VNCE has a bad profitability rating. Also its financial health evaluation is rather negative. VNCE has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
VNCE had negative earnings in 4 of the past 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 worse Return On Assets (-12.95%) than 77.55% of its industry peers.
VNCE's Return On Equity of -75.95% is on the low side compared to the rest of the industry. VNCE is outperformed by 83.67% of its industry peers.
The Return On Invested Capital of VNCE (2.39%) is worse than 69.39% 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
The Operating Margin of VNCE (1.63%) is worse than 69.39% of its industry peers.
VNCE's Operating Margin has improved in the last couple of years.
VNCE has a Gross Margin (49.43%) which is in line with its industry peers.
VNCE's Gross Margin has been stable in the last couple of years.
| 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.
VNCE has more shares outstanding than it did 1 year ago.
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 -5.53, we must say that VNCE is in the distress zone and has some risk of bankruptcy.
VNCE's Altman-Z score of -5.53 is on the low side compared to the rest of the industry. VNCE is outperformed by 89.80% of its industry peers.
The Debt to FCF ratio of VNCE is 3.78, which is a good value as it means it would take VNCE, 3.78 years of fcf income to pay off all of its debts.
VNCE has a better Debt to FCF ratio (3.78) than 63.27% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that VNCE is somewhat dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.93, VNCE is doing worse than 69.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 3.78 | ||
| Altman-Z | -5.53 |
ROIC/WACC0.28
WACC8.45%
2.3 Liquidity
A Current Ratio of 1.57 indicates that VNCE should not have too much problems paying its short term obligations.
With a Current ratio value of 1.57, VNCE is not doing good in the industry: 65.31% of the companies in the same industry are doing better.
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.
Looking at the Quick ratio, with a value of 0.55, VNCE is doing worse than 89.80% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.57 | ||
| Quick Ratio | 0.55 |
3. Growth
3.1 Past
VNCE shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -57.89%.
VNCE shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -3.75% yearly.
VNCE shows a small growth in Revenue. In the last year, the Revenue has grown by 1.48%.
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
The Earnings Per Share is expected to grow by 13.51% on average over the next years. This is quite good.
VNCE is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.85% yearly.
EPS Next Y-395.26%
EPS Next 2Y13.51%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year1.97%
Revenue Next 2Y2.85%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
VNCE is valuated rather expensively with a Price/Earnings ratio of 19.63.
The rest of the industry has a similar Price/Earnings ratio as VNCE.
Compared to an average S&P500 Price/Earnings ratio of 27.30, VNCE is valued a bit cheaper.
With a Price/Forward Earnings ratio of 6.41, the valuation of VNCE can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VNCE indicates a rather cheap valuation: VNCE is cheaper than 93.88% of the companies listed in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, VNCE is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 19.63 | ||
| Fwd PE | 6.41 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VNCE indicates a rather cheap valuation: VNCE is cheaper than 87.76% of the companies listed in the same industry.
VNCE's Price/Free Cash Flow ratio is rather cheap when compared to the industry. VNCE is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.19 | ||
| EV/EBITDA | 6.19 |
4.3 Compensation for Growth
A more expensive valuation may be justified as VNCE's earnings are expected to grow with 13.51% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y13.51%
EPS Next 3YN/A
5. Dividend
5.1 Amount
No dividends for VNCE!.
| 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 Owners7.13%
Inst Owner Change0%
Ins Owners3.09%
Ins Owner Change-1.69%
Market Cap20.16M
Analysts82.5
Price Target3.32 (111.46%)
Short Float %3.56%
Short Ratio1.4
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)-40.91%
PT rev (3m)-50%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)-382.05%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-3.63%
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 | 6.19 |
EPS(TTM)0.08
EY5.1%
EPS(NY)0.24
Fwd EY15.59%
FCF(TTM)0.72
FCFY45.66%
OCF(TTM)1.1
OCFY70.04%
SpS22.76
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
WACC8.45%
ROIC/WACC0.28
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-395.26%
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 Year1.97%
Revenue Next 2Y2.85%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y23675%
EBIT growth 3Y142.87%
EBIT growth 5YN/A
EBIT Next Year-89.48%
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%