VSE Corporation (VSEC)

NASDAQ: VSEC · IEX Real-Time Price · USD
80.00
+0.06 (0.08%)
At close: Mar 28, 2024, 4:00 PM
81.54
+1.54 (1.93%)
After-hours: Mar 28, 2024, 5:10 PM EDT

Total Valuation

VSEC has a market cap or net worth of $1.26 billion. The enterprise value is $1.71 billion.

Market Cap 1.26B
Enterprise Value 1.71B

Important Dates

The last earnings date was Wednesday, March 6, 2024, after market close.

Earnings Date Mar 6, 2024
Ex-Dividend Date May 1, 2024

Share Statistics

VSEC has 15.77 million shares outstanding. The number of shares has increased by 10.58% in one year.

Shares Outstanding 15.77M
Shares Change (YoY) +10.58%
Shares Change (QoQ) +5.13%
Owned by Insiders (%) 3.20%
Owned by Institutions (%) 93.02%
Float 13.43M

Valuation Ratios

The trailing PE ratio is 28.99 and the forward PE ratio is 21.35. VSEC's PEG ratio is 1.08.

PE Ratio 28.99
Forward PE 21.35
PS Ratio 1.47
Forward PS 1.19
PB Ratio 2.05
P/FCF Ratio n/a
PEG Ratio 1.08
Financial Ratio History

Enterprise Valuation

EV / Earnings 43.65
EV / Sales 1.99
EV / EBITDA 15.91
EV / EBIT 20.34
EV / FCF n/a

Financial Position

The company has a current ratio of 2.70, with a Debt / Equity ratio of 0.74.

Current Ratio 2.70
Quick Ratio 0.47
Debt / Equity 0.74
Debt / EBITDA 4.23
Debt / FCF n/a
Interest Coverage 2.70

Financial Efficiency

Return on equity (ROE) is 7.30% and return on invested capital (ROIC) is 6.08%.

Return on Equity (ROE) 7.30%
Return on Assets (ROA) 3.30%
Return on Capital (ROIC) 6.08%
Revenue Per Employee $717,073
Profits Per Employee $32,612
Employee Count 1,200
Asset Turnover 0.72
Inventory Turnover 1.70

Taxes

In the past 12 months, VSEC has paid $13.76 million in taxes.

Income Tax 13.76M
Effective Tax Rate 26.02%

Stock Price Statistics

The stock price has increased by +79.41% in the last 52 weeks. The beta is 1.65, so VSEC's price volatility has been higher than the market average.

Beta (1Y) 1.65
52-Week Price Change +79.41%
50-Day Moving Average 70.24
200-Day Moving Average 59.97
Relative Strength Index (RSI) 64.03
Average Volume (30 Days) 92,736

Short Selling Information

The latest short interest is 550,715, so 3.49% of the outstanding shares have been sold short.

Short Interest 550,715
Short Previous Month 435,933
Short % of Shares Out 3.49%
Short % of Float 4.10%
Short Ratio (days to cover) 4.25

Income Statement

In the last 12 months, VSEC had revenue of $860.49 million and earned $39.13 million in profits. Earnings per share was $2.76.

Revenue 860.49M
Gross Profit 109.99M
Operating Income 88.00M
Pretax Income 52.90M
Net Income 39.13M
EBITDA 107.39M
EBIT 83.98M
Earnings Per Share (EPS) $2.76
Full Income Statement

Balance Sheet

The company has $7.77 million in cash and $454.30 million in debt, giving a net cash position of -$446.54 million or -$28.32 per share.

Cash & Cash Equivalents 7.77M
Total Debt 454.30M
Net Cash -446.54M
Net Cash Per Share -$28.32
Equity / Book Value 616.73M
Book Value Per Share 39.11
Working Capital 487.14M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -$21.83 million and capital expenditures -$18.67 million, giving a free cash flow of -$40.50 million.

Operating Cash Flow -21.83M
Capital Expenditures -18.67M
Free Cash Flow -40.50M
FCF Per Share -$2.87
Full Cash Flow Statement

Margins

Gross margin is 12.78%, with operating and profit margins of 10.23% and 4.55%.

Gross Margin 12.78%
Operating Margin 10.23%
Pretax Margin 6.15%
Profit Margin 4.55%
EBITDA Margin 12.48%
EBIT Margin 9.76%
FCF Margin -4.71%

Dividends & Yields

This stock pays an annual dividend of $0.40, which amounts to a dividend yield of 0.50%.

Dividend Per Share $0.40
Dividend Yield 0.50%
Dividend Growth (YoY) n/a
Years of Dividend Growth 2
Payout Ratio 14.49%
Buyback Yield -10.58%
Shareholder Yield -10.08%
Earnings Yield 3.10%
FCF Yield -3.21%
Dividend Details

Analyst Forecast

The average price target for VSEC is $75.60, which is -5.50% lower than the current price. The consensus rating is "Strong Buy".

Price Target $75.60
Price Target Difference -5.50%
Analyst Consensus Strong Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on August 4, 2016. It was a forward split with a ratio of 2:1.

Last Split Date Aug 4, 2016
Split Type Forward
Split Ratio 2:1

Scores

VSEC has an Altman Z-Score of 2.71 and a Piotroski F-Score of 5. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 2.71
Piotroski F-Score 5