NasdaqCM:VTSI

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Executive Summary

VirTra, Inc. provides force training simulators, firearms training simulators, and driving simulators for law enforcement, military, educational, and civilian worldwide.


Snowflake Analysis

Flawless balance sheet with moderate growth potential.


Similar Companies

Share Price & News

How has VirTra's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VTSI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.4%

VTSI

-3.9%

US Aerospace & Defense

2.3%

US Market


1 Year Return

57.8%

VTSI

-31.1%

US Aerospace & Defense

6.7%

US Market

Return vs Industry: VTSI exceeded the US Aerospace & Defense industry which returned -31.1% over the past year.

Return vs Market: VTSI exceeded the US Market which returned 6.7% over the past year.


Shareholder returns

VTSIIndustryMarket
7 Day-6.4%-3.9%2.3%
30 Day4.8%-8.5%6.0%
90 Day44.6%-4.1%18.9%
1 Year57.8%57.8%-17.4%-31.1%9.0%6.7%
3 Year-9.7%-9.7%4.1%-18.0%36.6%27.7%
5 Year67.3%67.3%40.4%3.6%64.2%46.1%

Price Volatility Vs. Market

How volatile is VirTra's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is VirTra undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: VTSI ($3.63) is trading below our estimate of fair value ($11.33)

Significantly Below Fair Value: VTSI is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: VTSI is unprofitable, so we can't compare its PE Ratio to the US Aerospace & Defense industry average.

PE vs Market: VTSI is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VTSI's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: VTSI is overvalued based on its PB Ratio (2.9x) compared to the US Aerospace & Defense industry average (2.1x).


Next Steps

Future Growth

How is VirTra forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

192.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VTSI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.2%).

Earnings vs Market: VTSI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: VTSI's is expected to become profitable in the next 3 years.

Revenue vs Market: VTSI's revenue (7.8% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: VTSI's revenue (7.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if VTSI's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has VirTra performed over the past 5 years?

-28.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VTSI is currently unprofitable.

Growing Profit Margin: VTSI is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: VTSI is unprofitable, and losses have increased over the past 5 years at a rate of -28.3% per year.

Accelerating Growth: Unable to compare VTSI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VTSI is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (4.2%).


Return on Equity

High ROE: VTSI has a negative Return on Equity (-1.55%), as it is currently unprofitable.


Next Steps

Financial Health

How is VirTra's financial position?


Financial Position Analysis

Short Term Liabilities: VTSI's short term assets ($11.7M) exceed its short term liabilities ($5.0M).

Long Term Liabilities: VTSI's short term assets ($11.7M) exceed its long term liabilities ($3.0M).


Debt to Equity History and Analysis

Debt Level: VTSI is debt free.

Reducing Debt: VTSI had no debt 5 years ago.

Debt Coverage: VTSI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: VTSI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is VirTra current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate VTSI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate VTSI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VTSI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VTSI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VTSI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.1yrs

Average management tenure


CEO

Bob Ferris (48yo)

12.17yrs

Tenure

US$279,345

Compensation

Mr. Robert D. Ferris, also known as Bob, has been Chairman of the Board at VirTra, Inc. (alternate name: VirTra Systems Inc.) since May 13, 2008 and has been its Chief Executive Officer since May 13, 2008. ...


CEO Compensation Analysis

Compensation vs Market: Bob's total compensation ($USD279.35K) is below average for companies of similar size in the US market ($USD612.38K).

Compensation vs Earnings: Bob's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Robert Ferris
CEO, President & Chairman of the Board12.17yrsUS$279.35k4.74% $1.3m
Judy Henry
CFO, Secretary & Treasurer2.92yrsUS$174.16k0.077% $21.5k
Matthew Burlend
COO, VP & Director19.5yrsUS$257.37kno data
Jason Mulcahy
General Managerno datano datano data

9.1yrs

Average Tenure

48yo

Average Age

Experienced Management: VTSI's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Robert Ferris
CEO, President & Chairman of the Board12.17yrsUS$279.35k4.74% $1.3m
Matthew Burlend
COO, VP & Director19.5yrsUS$257.37kno data
Mitchell Saltz
Independent Director3.67yrsUS$24.00k0.26% $72.6k
Jeffrey Brown
Independent Director8.92yrsUS$24.00k0.15% $42.4k
James Richardson
Independent Director2.75yrsUS$24.00kno data

8.9yrs

Average Tenure

48yo

Average Age

Experienced Board: VTSI's board of directors are considered experienced (8.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

VirTra, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: VirTra, Inc.
  • Ticker: VTSI
  • Exchange: NasdaqCM
  • Founded: 1993
  • Industry: Aerospace and Defense
  • Sector: Capital Goods
  • Market Cap: US$28.142m
  • Shares outstanding: 7.75m
  • Website: https://www.virtra.com

Number of Employees


Location

  • VirTra, Inc.
  • 7970 South Kyrene Road
  • Tempe
  • Arizona
  • 85284
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VTSINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDSep 2001
0XQDB (Deutsche Boerse AG)YesCommon StockDEEURSep 2001

Biography

VirTra, Inc. provides force training simulators, firearms training simulators, and driving simulators for law enforcement, military, educational, and civilian worldwide. The company’s products comprise V-300 simulator, a 300 degree wrap-around screen for simulation training; V-180 simulator, a 180 degree screen for smaller spaces or budgets; V-100, a single-screen based simulator system; V-100 MIL, a single-screen small arms training simulator; and V-ST PRO, a realistic single screen firearms shooting and skills training simulator. It also offers V-Author, a software that allows users to create, edit, and train with content specific to agency’s objectives; Simulated Recoil Kits, a range of realistic and reliable simulated recoil kits/weapons; and Threat-Fire, a return fire device that applies real-world stress on the trainees during simulation training. In addition, the company provides VirTra Driving Sim, a vehicle-based simulator; Virtual Interactive Coursework Training Academy, which enables law enforcement agencies to each, train, test, and sustain departmental training requirements; Subscription Training Equipment Partnership, a program that allows agencies to utilize VirTra’s simulator products, accessories, and V-VICTA interactive coursework on a subscription basis; and TASER, an OC spray and low-light training devices. It sells its simulators and related products through a direct sales force and distribution partners. The company was formerly known as VirTra Systems, Inc. and changed its name to VirTra, Inc. in October 2016. VirTra, Inc. was founded in 1993 and is based in Tempe, Arizona. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 07:33
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.