Vectrus
Market Cap
US$447.7m
Last Updated
2020/04/05 05:01 UTC
Data Sources
Company Financials +
Executive Summary
Vectrus, Inc. provides facility and logistics, and information technology and network communication services to the United States (U.S.) government worldwide.
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
Similar Companies
Share Price & News
How has Vectrus's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VEC's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.9%
VEC
-13.2%
US Aerospace & Defense
-3.8%
US Market
1 Year Return
34.5%
VEC
-22.4%
US Aerospace & Defense
-15.9%
US Market
Return vs Industry: VEC exceeded the US Aerospace & Defense industry which returned -22.4% over the past year.
Return vs Market: VEC exceeded the US Market which returned -15.9% over the past year.
Shareholder returns
| VEC | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | -13.2% | -3.8% |
| 30 Day | -23.3% | -27.4% | -17.4% |
| 90 Day | -31.6% | -36.6% | -24.1% |
| 1 Year | 34.5%34.5% | -12.1%-22.4% | -14.1%-15.9% |
| 3 Year | 65.5%65.5% | 5.9%-9.8% | 10.0%2.8% |
| 5 Year | 38.9%38.9% | 38.2%10.1% | 27.6%13.5% |
Price Volatility Vs. Market
How volatile is Vectrus's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Update: Vectrus (NYSE:VEC) Stock Gained 77% In The Last Three Years3 weeks ago | Simply Wall St
What Is Vectrus's (NYSE:VEC) P/E Ratio After Its Share Price Tanked?1 month ago | Simply Wall St
US$62.33 - That's What Analysts Think Vectrus, Inc. Is Worth After These ResultsValuation
Is Vectrus undervalued compared to its fair value and its price relative to the market?
12.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VEC ($38.64) is trading above our estimate of fair value ($18.17)
Significantly Below Fair Value: VEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VEC is good value based on its PE Ratio (12.7x) compared to the Aerospace & Defense industry average (12.7x).
PE vs Market: VEC is poor value based on its PE Ratio (12.7x) compared to the US market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: VEC is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: VEC is good value based on its PB Ratio (1.7x) compared to the US Aerospace & Defense industry average (1.7x).
Next Steps
Future Growth
How is Vectrus forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
22.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VEC's forecast earnings growth (22.7% per year) is above the savings rate (1.7%).
Earnings vs Market: VEC's earnings (22.7% per year) are forecast to grow faster than the US market (13.4% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VEC's revenue (11.1% per year) is forecast to grow faster than the US market (7% per year).
High Growth Revenue: VEC's revenue (11.1% 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 VEC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Vectrus performed over the past 5 years?
14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VEC has high quality earnings.
Growing Profit Margin: VEC's current net profit margins (2.5%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: VEC's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: VEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VEC had negative earnings growth (-1.6%) over the past year, making it difficult to compare to the Aerospace & Defense industry average (3%).
Return on Equity
High ROE: VEC's Return on Equity (13.3%) is considered low.
Next Steps
Financial Health
How is Vectrus's financial position?
Financial Position Analysis
Short Term Liabilities: VEC's short term assets ($320.7M) exceed its short term liabilities ($242.3M).
Long Term Liabilities: VEC's short term assets ($320.7M) exceed its long term liabilities ($132.8M).
Debt to Equity History and Analysis
Debt Level: VEC's debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: VEC's debt to equity ratio has reduced from 248.6% to 26.9% over the past 5 years.
Debt Coverage: VEC's debt is well covered by operating cash flow (39.2%).
Interest Coverage: VEC's interest payments on its debt are well covered by EBIT (8.1x coverage).
Balance Sheet
Inventory Level: VEC has a low level of unsold assets or inventory.
Debt Coverage by Assets: VEC's debt is covered by short term assets (assets are 4.6x debt).
Next Steps
Dividend
What is Vectrus's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VEC's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VEC'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 VEC'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?
3.0yrs
Average management tenure
CEO
Chuck Prow (60yo)
3.33s
Tenure
US$3,048,063
Compensation
Mr. Charles L. Prow, also known as Chuck, serves as a Principal of Sterling Capital Group Partners. Mr. Prow serves as the President of CPS-Professional Services. He has been the Chief Executive Officer an ...
CEO Compensation Analysis
Compensation vs Market: Chuck's total compensation ($USD3.05M) is above average for companies of similar size in the US market ($USD2.26M).
Compensation vs Earnings: Chuck's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.33yrs | US$3.05m | 0.36% $1.6m | |
| Senior VP & CFO | 0.67yr | US$968.27k | 0.00043% $1.9k | |
| Corporate VP & Chief Accounting Officer | 3.67yrs | US$546.07k | 0.025% $113.3k | |
| Senior VP | 1.5yrs | US$810.33k | 0.028% $125.3k | |
| Senior VP & Chief Growth Officer | 2.92yrs | US$820.99k | 0.037% $166.0k | |
| Senior Vice President of Programs | 2.5yrs | US$808.79k | 0.040% $180.2k | |
| Vice President of Corporate Development & Investor Relations | 5.25yrs | no data | no data | |
| Senior VP & Chief Human Resources Officer | 5.58yrs | no data | 0.11% $498.0k | |
| Senior VP of Contingency Operations | 3.08yrs | US$677.77k | 0.043% $191.0k | |
| Senior VP of Enterprise Operations | 0.75yr | no data | no data |
3.0yrs
Average Tenure
52yo
Average Age
Experienced Management: VEC's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.33yrs | US$3.05m | 0.36% $1.6m | |
| Independent Director | 6.25yrs | US$214.99k | 0.20% $914.6k | |
| Independent Director | 6.25yrs | US$209.99k | 0.16% $711.4k | |
| Independent Director | 6.25yrs | US$199.99k | 0.14% $605.5k | |
| Independent Director | 6.25yrs | US$209.99k | 0.13% $566.9k | |
| Independent Non-Executive Chairman | no data | US$300.01k | 0.42% $1.9m | |
| Independent Director | 6.25yrs | US$209.99k | 0.19% $837.4k | |
| Independent Director | 6.25yrs | US$199.99k | 0.21% $953.3k | |
| Independent Director | 6.25yrs | US$199.99k | 0.032% $141.7k |
6.3yrs
Average Tenure
65yo
Average Age
Experienced Board: VEC's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VEC 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
Vectrus, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vectrus, Inc.
- Ticker: VEC
- Exchange: NYSE
- Founded: 2014
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: US$447.720m
- Shares outstanding: 11.59m
- Website: https://www.vectrus.com
Number of Employees
Location
- Vectrus, Inc.
- 2424 Garden of the Gods Road
- Colorado Springs
- Colorado
- 80919
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VEC | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Sep 2014 |
| 1V1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Sep 2014 |
Biography
Vectrus, Inc. provides facility and logistics, and information technology and network communication services to the United States (U.S.) government worldwide. The company offers facility and logistics services, such as airfield management, ammunition management, civil engineering, communications, emergency services, life support activities, public works, security, transportation operations, warehouse management and distribution, and equipment maintenance, repair, and services. It also provides information technology and network communication services, including sustainment of communications systems, network security, systems installation, full life cycle management of information technology systems, system-of-systems engineering and software development, and mission support. In addition, the company offers operational technologies and converged solutions, such as sensor and systems integration, energy management, cybersecurity assessment and remediation planning for operational technology, electromagnetic spectrum engineering, energy resiliency and management, and integrated electronic security monitoring systems for military services and intelligence community, and foreign military sales and federal civilian agencies. Vectrus, Inc. was incorporated in 2014 and is headquartered in Colorado Springs, Colorado.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/04/05 05:01 |
| End of Day Share Price | 2020/04/03 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.