VSE Statistics

Share Statistics

VSE has 20.68M shares outstanding. The number of shares has increased by 12.21% in one year.

Shares Outstanding	20.68M
Shares Change (YoY)	12.21%
Shares Change (QoQ)	0.33%
Owned by Institutions (%)	99.99%
Shares Floating	18.89M
Failed to Deliver (FTD) Shares	87
FTD / Avg. Volume	0.04%

Short Selling Information

The latest short interest is 1.69M, so 8.2% of the outstanding shares have been sold short.

Short Interest	1.69M
Short % of Shares Out	8.2%
Short % of Float	9.57%
Short Ratio (days to cover)	11.24

Valuation Ratios

The PE ratio is 110.96 and the forward PE ratio is 33.96. VSE's PEG ratio is -1.61.

PE Ratio	110.96
Forward PE	33.96
PS Ratio	1.57
Forward PS	2.6
PB Ratio	1.72
P/FCF Ratio	-32.86
PEG Ratio	-1.61

Financial Ratio History

Enterprise Valuation

VSE has an Enterprise Value (EV) of 2.16B.

EV / Sales	2
EV / EBITDA	19.57
EV / EBIT	-69.48
EV / FCF	-41.68

Financial Position

The company has a current ratio of 3.1, with a Debt / Equity ratio of 0.49.

Current Ratio	3.1
Quick Ratio	1.06
Debt / Equity	0.49
Debt / EBITDA	4.4
Debt / FCF	-9.38
Interest Coverage	2.33

Financial Efficiency

Return on Equity is 1.55% and Return on Invested Capital is 4.29%.

Return on Equity	1.55%
Return on Assets	0.88%
Return on Invested Capital	4.29%
Revenue Per Employee	$771.52K
Profits Per Employee	$10.95K
Employee Count	1,400
Asset Turnover	0.62
Inventory Turnover	1.69

Taxes

Income Tax	9.98M
Effective Tax Rate	21.48%

Stock Price Statistics

The stock price has increased by 81.55% in the last 52 weeks. The beta is 1.33, so VSE's price volatility has been higher than the market average.

Beta	1.33
52-Week Price Change	81.55%
50-Day Moving Average	135.62
200-Day Moving Average	117.38
Relative Strength Index (RSI)	63.45
Average Volume (20 Days)	221,806

Income Statement

In the last 12 months, VSE had revenue of 1.08B and earned 15.32M in profits. Earnings per share was 0.86.

Revenue	1.08B
Gross Profit	108.2M
Operating Income	81.42M
Net Income	15.32M
EBITDA	110.18M
EBIT	81.42M
Earnings Per Share (EPS)	0.86

Full Income Statement

Balance Sheet

The company has 29.03M in cash and 485.21M in debt, giving a net cash position of -456.18M.

Cash & Cash Equivalents	29.03M
Total Debt	485.21M
Net Cash	-456.18M
Retained Earnings	392.48M
Total Assets	1.6B
Working Capital	551.57M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -31.04M and capital expenditures -20.7M, giving a free cash flow of -51.74M.

Operating Cash Flow	-31.04M
Capital Expenditures	-20.7M
Free Cash Flow	-51.74M
FCF Per Share	-2.89

Full Cash Flow Statement

Margins

Gross margin is 10.02%, with operating and profit margins of 7.54% and 1.42%.

Gross Margin	10.02%
Operating Margin	7.54%
Pretax Margin	4.3%
Profit Margin	1.42%
EBITDA Margin	10.2%
EBIT Margin	7.54%
FCF Margin	-4.79%

Dividends & Yields

VSEC pays an annual dividend of $0.5, which amounts to a dividend yield of 0.26%.

Dividend Per Share	$0.50
Dividend Yield	0.26%
Dividend Growth (YoY)	0%
Payout Ratio	15.06%
Earnings Yield	0.9%
FCF Yield	-3.04%

Dividend Details

Analyst Forecast

The average price target for VSEC is $145, which is -5.7% lower than the current price. The consensus rating is "Strong Buy".

Price Target	$145
Price Target Difference	-5.7%
Analyst Consensus	Strong Buy
Analyst Count	4

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	n/a
Lynch Upside	n/a
Graham Number	32.65
Graham Upside	-78.76%

Stock Splits

The last stock split was on Aug 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

Altman Z-Score	4.74
Piotroski F-Score	5

VSE Corporation (VSEC)