194 USD
-7.2 (-3.58%)
Taking everything into account, VSEC scores 4 out of 10 in our fundamental rating. VSEC was compared to 71 industry peers in the Aerospace & Defense industry. VSEC scores quite bad on profitability, while its financial health is fine. Not spectacular, but in line with the averages. 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.
The reported operating cash flow has been mixed in the past 5 years: VSEC reported negative operating cash flow in multiple years.
1.2 Ratios
VSEC has a Return On Assets of 0.72%. This is comparable to the rest of the industry: VSEC outperforms 45.07% of its industry peers.
VSEC has a Return On Equity of 1.14%. This is comparable to the rest of the industry: VSEC outperforms 47.89% of its industry peers.
VSEC's Return On Invested Capital of 4.81% is in line compared to the rest of the industry. VSEC outperforms 47.89% of 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 8.63%.
| 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
Looking at the Profit Margin, with a value of 1.01%, VSEC is in line with its industry, outperforming 45.07% of the companies in the same 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.
VSEC's Gross Margin of 13.39% is on the low side compared to the rest of the industry. VSEC is outperformed by 76.06% of its industry peers.
In the last couple of years the Gross Margin of VSEC has remained more or less at the same level.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), VSEC is destroying value.
The number of shares outstanding for VSEC has been increased compared to 1 year ago.
Compared to 5 years ago, VSEC has more shares outstanding
The debt/assets ratio for VSEC has been reduced compared to a year ago.
2.2 Solvency
VSEC has an Altman-Z score of 6.54. This indicates that VSEC is financially healthy and has little risk of bankruptcy at the moment.
With a decent Altman-Z score value of 6.54, VSEC is doing good in the industry, outperforming 64.79% of the companies in the same industry.
VSEC has a debt to FCF ratio of 13.22. This is a negative value and a sign of low solvency as VSEC would need 13.22 years to pay back of all of its debts.
VSEC has a Debt to FCF ratio (13.22) which is in line with its industry peers.
A Debt/Equity ratio of 0.35 indicates that VSEC is not too dependend on debt financing.
VSEC has a Debt to Equity ratio of 0.35. This is in the better half of the industry: VSEC outperforms 61.97% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.35 | ||
| Debt/FCF | 13.22 | ||
| Altman-Z | 6.54 |
ROIC/WACC0.47
WACC10.23%
2.3 Liquidity
A Current Ratio of 3.94 indicates that VSEC has no problem at all paying its short term obligations.
VSEC has a better Current ratio (3.94) than 73.24% of its industry peers.
A Quick Ratio of 1.41 indicates that VSEC should not have too much problems paying its short term obligations.
VSEC's Quick ratio of 1.41 is in line compared to the rest of the industry. VSEC outperforms 46.48% of its industry peers.
| 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.
The Revenue has been growing slightly by 7.49% on average over the past years.
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
Based on estimates for the next years, VSEC will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.81% on average per year.
Based on estimates for the next years, VSEC will show a quite strong growth in Revenue. The Revenue will grow by 18.24% on average per year.
EPS Next Y17.66%
EPS Next 2Y18.09%
EPS Next 3Y19.34%
EPS Next 5Y14.81%
Revenue Next Year2.29%
Revenue Next 2Y8.45%
Revenue Next 3Y8.7%
Revenue Next 5Y18.24%
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 53.30 indicates a quite expensive valuation of VSEC.
VSEC's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 27.17, VSEC is valued quite expensively.
With a Price/Forward Earnings ratio of 44.59, VSEC can be considered very expensive at the moment.
The rest of the industry has a similar Price/Forward Earnings ratio as VSEC.
When comparing the Price/Forward Earnings ratio of VSEC to the average of the S&P500 Index (23.79), we can say VSEC is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.3 | ||
| Fwd PE | 44.59 |
4.2 Price Multiples
VSEC's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as VSEC.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 168.4 | ||
| EV/EBITDA | 40.79 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates VSEC does not grow enough to justify the current Price/Earnings ratio.
A more expensive valuation may be justified as VSEC's earnings are expected to grow with 19.34% in the coming years.
PEG (NY)3.02
PEG (5Y)N/A
EPS Next 2Y18.09%
EPS Next 3Y19.34%
5. Dividend
5.1 Amount
With a yearly dividend of 0.23%, VSEC is not a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 0.39, VSEC pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.23, VSEC pays less dividend than the S&P500 average, which is at 1.94.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
5.2 History
The dividend of VSEC has a limited annual growth rate of 2.67%.
VSEC has been paying a dividend for at least 10 years, so it has a reliable track record.
VSEC has not decreased their dividend for at least 10 years, which is a reliable track record.
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 2Y18.09%
EPS Next 3Y19.34%
NASDAQ:VSEC (1/7/2026, 3:38:01 PM)
194
-7.2 (-3.58%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryAerospace & Defense
Earnings (Last)
Earnings (Next)
Inst Owners103.9%
Inst Owner Change0%
Ins Owners1.99%
Ins Owner Change0.11%
Market Cap4.54B
Revenue(TTM)1.11B
Net Income(TTM)11.20M
Analysts86.67
Price Target211.66 (9.1%)
Short Float %6.86%
Short Ratio5.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.23% |
Yearly Dividend0.39
Dividend Growth(5Y)2.67%
DP73.55%
Div Incr Years0
Div Non Decr Years34
Ex-Date
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)0.21%
PT rev (3m)11.71%
EPS NQ rev (1m)-3.46%
EPS NQ rev (3m)-7.43%
EPS NY rev (1m)-0.02%
EPS NY rev (3m)3.42%
Revenue NQ rev (1m)0.14%
Revenue NQ rev (3m)-1.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.27%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 53.3 | ||
| Fwd PE | 44.59 | ||
| P/S | 4.09 | ||
| P/FCF | 168.4 | ||
| P/OCF | 101.46 | ||
| P/B | 4.61 | ||
| P/tB | 12.86 | ||
| EV/EBITDA | 40.79 |
EPS(TTM)3.64
EY1.88%
EPS(NY)4.35
Fwd EY2.24%
FCF(TTM)1.15
FCFY0.59%
OCF(TTM)1.91
OCFY0.99%
SpS47.46
BVpS42.04
TBVpS15.08
PEG (NY)3.02
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 | 6.54 |
F-Score7
WACC10.23%
ROIC/WACC0.47
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 Y17.66%
EPS Next 2Y18.09%
EPS Next 3Y19.34%
EPS Next 5Y14.81%
Revenue 1Y (TTM)9.22%
Revenue growth 3Y12.88%
Revenue growth 5Y7.49%
Sales Q2Q%3.4%
Revenue Next Year2.29%
Revenue Next 2Y8.45%
Revenue Next 3Y8.7%
Revenue Next 5Y18.24%
EBIT growth 1Y-10.63%
EBIT growth 3Y63.86%
EBIT growth 5Y10.52%
EBIT Next Year118.48%
EBIT Next 3Y45.32%
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 53.3 and the Price/Book (PB) ratio is 4.61.
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%.