204.96 USD
+4.97 (+2.49%)
At close: Feb 9, 2026
204.96 USD
0 (0%)
After Hours: 2/9/2026, 4:36:33 PM
Taking everything into account, VSEC scores 4 out of 10 in our fundamental rating. VSEC was compared to 73 industry peers in the Aerospace & Defense industry. The financial health of VSEC is average, but there are quite some concerns on its profitability. VSEC is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year VSEC was profitable.
- VSEC had a positive operating cash flow in the past year.
- VSEC had positive earnings in 4 of the past 5 years.
- In multiple years VSEC reported negative operating cash flow during the last 5 years.
1.2 Ratios
- Looking at the Return On Assets, with a value of 0.72%, VSEC is in line with its industry, outperforming 45.21% of the companies in the same industry.
- Looking at the Return On Equity, with a value of 1.14%, VSEC is in line with its industry, outperforming 47.95% of the companies in the same industry.
- VSEC has a Return On Invested Capital (4.81%) which is in line with its industry peers.
- VSEC had an Average Return On Invested Capital over the past 3 years of 5.73%. This is below the industry average of 8.67%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 1.14% | ||
| ROIC | 4.81% |
ROA(3y)2.2%
ROA(5y)1.36%
ROE(3y)4.72%
ROE(5y)2.92%
ROIC(3y)5.73%
ROIC(5y)5.23%
1.3 Margins
- The Profit Margin of VSEC (1.01%) is comparable to the rest of the industry.
- In the last couple of years the Profit Margin of VSEC has declined.
- VSEC has a Operating Margin (7.73%) which is in line with its industry peers.
- VSEC's Operating Margin has improved in the last couple of years.
- With a Gross Margin value of 13.39%, VSEC is not doing good in the industry: 72.60% of the companies in the same industry are doing better.
- VSEC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.73% | ||
| PM (TTM) | 1.01% | ||
| GM | 13.39% |
OM growth 3Y45.15%
OM growth 5Y2.81%
PM growth 3Y10.02%
PM growth 5Y-22.01%
GM growth 3Y26.16%
GM growth 5Y0.93%
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VSEC is destroying value.
- Compared to 1 year ago, VSEC has more shares outstanding
- VSEC has more shares outstanding than it did 5 years ago.
- The debt/assets ratio for VSEC has been reduced compared to a year ago.
2.2 Solvency
- An Altman-Z score of 6.52 indicates that VSEC is not in any danger for bankruptcy at the moment.
- VSEC has a Altman-Z score of 6.52. This is in the better half of the industry: VSEC outperforms 68.49% of its industry peers.
- The Debt to FCF ratio of VSEC is 13.22, which is on the high side as it means it would take VSEC, 13.22 years of fcf income to pay off all of its debts.
- The Debt to FCF ratio of VSEC (13.22) is comparable to the rest of the industry.
- VSEC has a Debt/Equity ratio of 0.35. This is a healthy value indicating a solid balance between debt and equity.
- VSEC has a Debt to Equity ratio of 0.35. This is comparable to the rest of the industry: VSEC outperforms 58.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 13.22 | ||
| Altman-Z | 6.52 |
ROIC/WACC0.48
WACC10%
2.3 Liquidity
- VSEC has a Current Ratio of 3.94. This indicates that VSEC is financially healthy and has no problem in meeting its short term obligations.
- Looking at the Current ratio, with a value of 3.94, VSEC is in the better half of the industry, outperforming 72.60% of the companies in the same industry.
- A Quick Ratio of 1.41 indicates that VSEC should not have too much problems paying its short term obligations.
- VSEC has a Quick ratio (1.41) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.94 | ||
| Quick Ratio | 1.41 |
3. Growth
3.1 Past
- VSEC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 18.57%, which is quite good.
- Measured over the past years, VSEC shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -23.99% on average per year.
- The Revenue has grown by 9.22% in the past year. This is quite good.
- Measured over the past years, VSEC shows a small growth in Revenue. The Revenue has been growing by 7.49% on average per year.
EPS 1Y (TTM)18.57%
EPS 3Y10.22%
EPS 5Y-23.99%
EPS Q2Q%39.44%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y12.88%
Revenue growth 5Y7.49%
Sales Q2Q%3.4%
3.2 Future
- The Earnings Per Share is expected to grow by 14.81% on average over the next years. This is quite good.
- VSEC is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 18.24% yearly.
EPS Next Y17.74%
EPS Next 2Y21.33%
EPS Next 3Y21.42%
EPS Next 5Y14.81%
Revenue Next Year2.66%
Revenue Next 2Y9.71%
Revenue Next 3Y10.31%
Revenue Next 5Y18.24%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- 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
- A Price/Earnings ratio of 56.31 indicates a quite expensive valuation of VSEC.
- VSEC's Price/Earnings is on the same level as the industry average.
- VSEC's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 27.93.
- VSEC is valuated quite expensively with a Price/Forward Earnings ratio of 44.63.
- VSEC's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. VSEC is cheaper than 60.27% of the companies in the same industry.
- Compared to an average S&P500 Price/Forward Earnings ratio of 27.77, VSEC is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.31 | ||
| Fwd PE | 44.63 |
4.2 Price Multiples
- VSEC's Enterprise Value to EBITDA ratio is in line with the industry average.
- VSEC's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 177.92 | ||
| EV/EBITDA | 40.56 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- A more expensive valuation may be justified as VSEC's earnings are expected to grow with 21.42% in the coming years.
PEG (NY)3.17
PEG (5Y)N/A
EPS Next 2Y21.33%
EPS Next 3Y21.42%
5. Dividend
5.1 Amount
- VSEC has a yearly dividend return of 0.18%, which is pretty low.
- VSEC's Dividend Yield is a higher than the industry average which is at 0.36.
- Compared to an average S&P500 Dividend Yield of 1.81, VSEC's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
5.2 History
- The dividend of VSEC has a limited annual growth rate of 2.67%.
- VSEC has paid a dividend for at least 10 years, which is a reliable track record.
- VSEC has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)2.67%
Div Incr Years0
Div Non Decr Years34
5.3 Sustainability
- 73.55% of the earnings are spent on dividend by VSEC. This is not a sustainable payout ratio.
- VSEC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP73.55%
EPS Next 2Y21.33%
EPS Next 3Y21.42%
204.96
+4.97 (+2.49%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)10-27 2025-10-27/amc
Earnings (Next)02-26 2026-02-26/amc
Inst Owners103.9%
Inst Owner Change1.26%
Ins Owners1.99%
Ins Owner Change0.31%
Market Cap4.79B
Revenue(TTM)1.11B
Net Income(TTM)11.20M
Analysts87.5
Price Target231.1 (12.75%)
Short Float %8.78%
Short Ratio6.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.18% |
Yearly Dividend0.39
Dividend Growth(5Y)2.67%
DP73.55%
Div Incr Years0
Div Non Decr Years34
Ex-Date01-15 2026-01-15 (0.1)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.74%
Min EPS beat(2)15.55%
Max EPS beat(2)33.94%
EPS beat(4)4
Avg EPS beat(4)26.25%
Min EPS beat(4)15.55%
Max EPS beat(4)33.94%
EPS beat(8)7
Avg EPS beat(8)18.32%
EPS beat(12)10
Avg EPS beat(12)17.22%
EPS beat(16)13
Avg EPS beat(16)14.54%
Revenue beat(2)2
Avg Revenue beat(2)0.79%
Min Revenue beat(2)0.3%
Max Revenue beat(2)1.28%
Revenue beat(4)4
Avg Revenue beat(4)1.3%
Min Revenue beat(4)0.3%
Max Revenue beat(4)1.93%
Revenue beat(8)5
Avg Revenue beat(8)0.61%
Revenue beat(12)6
Avg Revenue beat(12)-1.77%
Revenue beat(16)9
Avg Revenue beat(16)-1.95%
PT rev (1m)9.19%
PT rev (3m)19.83%
EPS NQ rev (1m)3.58%
EPS NQ rev (3m)4.09%
EPS NY rev (1m)0.06%
EPS NY rev (3m)3.08%
Revenue NQ rev (1m)1.07%
Revenue NQ rev (3m)1.03%
Revenue NY rev (1m)0.36%
Revenue NY rev (3m)0.45%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 56.31 | ||
| Fwd PE | 44.63 | ||
| P/S | 4.32 | ||
| P/FCF | 177.92 | ||
| P/OCF | 107.19 | ||
| P/B | 4.88 | ||
| P/tB | 13.59 | ||
| EV/EBITDA | 40.56 |
EPS(TTM)3.64
EY1.78%
EPS(NY)4.59
Fwd EY2.24%
FCF(TTM)1.15
FCFY0.56%
OCF(TTM)1.91
OCFY0.93%
SpS47.46
BVpS42.04
TBVpS15.08
PEG (NY)3.17
PEG (5Y)N/A
Graham Number58.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.72% | ||
| ROE | 1.14% | ||
| ROCE | 6.23% | ||
| ROIC | 4.81% | ||
| ROICexc | 4.84% | ||
| ROICexgc | 8.98% | ||
| OM | 7.73% | ||
| PM (TTM) | 1.01% | ||
| GM | 13.39% | ||
| FCFM | 2.43% |
ROA(3y)2.2%
ROA(5y)1.36%
ROE(3y)4.72%
ROE(5y)2.92%
ROIC(3y)5.73%
ROIC(5y)5.23%
ROICexc(3y)5.78%
ROICexc(5y)5.26%
ROICexgc(3y)10.59%
ROICexgc(5y)10.1%
ROCE(3y)7.42%
ROCE(5y)6.77%
ROICexgc growth 3Y31.62%
ROICexgc growth 5Y-9.39%
ROICexc growth 3Y31.63%
ROICexc growth 5Y-4.64%
OM growth 3Y45.15%
OM growth 5Y2.81%
PM growth 3Y10.02%
PM growth 5Y-22.01%
GM growth 3Y26.16%
GM growth 5Y0.93%
F-Score7
Asset Turnover0.71
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 13.22 | ||
| Debt/EBITDA | 2.81 | ||
| Cap/Depr | 46.68% | ||
| Cap/Sales | 1.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 36.1% | ||
| Profit Quality | 240.62% | ||
| Current Ratio | 3.94 | ||
| Quick Ratio | 1.41 | ||
| Altman-Z | 6.52 |
F-Score7
WACC10%
ROIC/WACC0.48
Cap/Depr(3y)65.18%
Cap/Depr(5y)51%
Cap/Sales(3y)1.76%
Cap/Sales(5y)1.47%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)18.57%
EPS 3Y10.22%
EPS 5Y-23.99%
EPS Q2Q%39.44%
EPS Next Y17.74%
EPS Next 2Y21.33%
EPS Next 3Y21.42%
EPS Next 5Y14.81%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y12.88%
Revenue growth 5Y7.49%
Sales Q2Q%3.4%
Revenue Next Year2.66%
Revenue Next 2Y9.71%
Revenue Next 3Y10.31%
Revenue Next 5Y18.24%
EBIT growth 1Y-10.63%
EBIT growth 3Y63.86%
EBIT growth 5Y10.52%
EBIT Next Year118.74%
EBIT Next 3Y45.9%
EBIT Next 5Y31.19%
FCF growth 1Y151.72%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y219.23%
OCF growth 3YN/A
OCF growth 5YN/A
VSE CORP / VSEC FAQ
Can you provide the ChartMill fundamental rating for VSE CORP?
ChartMill assigns a fundamental rating of 4 / 10 to VSEC.
What is the valuation status for VSEC stock?
ChartMill assigns a valuation rating of 2 / 10 to VSE CORP (VSEC). This can be considered as Overvalued.
How profitable is VSE CORP (VSEC) stock?
VSE CORP (VSEC) has a profitability rating of 3 / 10.
What are the PE and PB ratios of VSE CORP (VSEC) stock?
The Price/Earnings (PE) ratio for VSE CORP (VSEC) is 56.31 and the Price/Book (PB) ratio is 4.88.
How sustainable is the dividend of VSE CORP (VSEC) stock?
The dividend rating of VSE CORP (VSEC) is 5 / 10 and the dividend payout ratio is 73.55%.