VEC

VectrusNYSE:VEC Stock Report

Market Cap

US$558.6m

7D

-1.3%

1Y

17.4%

Updated

18 Sep, 2021

Data

Company Financials +
VEC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health5/6
Dividends0/6

VEC Overview

Vectrus, Inc. provides facility and base operations, supply chain and logistics, information technology mission support, and engineering and digital integration services.

Vectrus Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vectrus
Historical stock prices
Current Share PriceUS$47.64
52 Week HighUS$36.83
52 Week LowUS$60.32
Beta1.48
1 Month Change-1.43%
3 Month Change-7.01%
1 Year Change17.40%
3 Year Change51.14%
5 Year Change66.05%
Change since IPO121.17%

Recent News & Updates

Jul 09

Vectrus: The Stock Is Sliding But Business Is Stronger

Vectrus shows a positive business outlook, which is encouraging for the coming period. Vectrus' stock decreased 7% since the start of 2021 while its fundamentals look stronger than before. It is worth checking the company's financials, which are pretty strong and take advantage of the recent price drop.

Shareholder Returns

VECUS Aerospace & DefenseUS Market
7D-1.3%-1.4%-0.6%
1Y17.4%16.7%33.8%

Return vs Industry: VEC exceeded the US Aerospace & Defense industry which returned 16.1% over the past year.

Return vs Market: VEC underperformed the US Market which returned 33.6% over the past year.

Price Volatility

Is VEC's price volatile compared to industry and market?
VEC volatility
VEC Beta1.48
Industry Beta1.06
Market Beta1

Stable Share Price: VEC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: VEC's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20149,200Chuck Prowhttps://www.vectrus.com

Vectrus, Inc. provides facility and base operations, supply chain and logistics, information technology mission support, and engineering and digital integration services. It offers facility and base operations services, such as facilities operations and maintenance, base life support, facilities engineering and management, airfield management, civil engineering, public works, transportation operations, and emergency services. The company also offers supply chain and logistics services, including warehouse management and distribution, asset management and logistics, full spectrum aviation maintenance, repair and overhaul, and integrated logistics, equipment maintenance, repair, and services.

Vectrus Fundamentals Summary

How do Vectrus's earnings and revenue compare to its market cap?
VEC fundamental statistics
Market CapUS$558.57m
Earnings (TTM)US$55.15m
Revenue (TTM)US$1.61b

10.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VEC income statement (TTM)
RevenueUS$1.61b
Cost of RevenueUS$1.46b
Gross ProfitUS$156.41m
ExpensesUS$101.25m
EarningsUS$55.15m

Last Reported Earnings

Jul 02, 2021

Next Earnings Date

n/a

Earnings per share (EPS)4.73
Gross Margin9.70%
Net Profit Margin3.42%
Debt/Equity Ratio52.6%

How did VEC perform over the long term?

See historical performance and comparison

Valuation

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

10.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VEC ($47.64) is trading above our estimate of fair value ($37.9)

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 (10.1x) compared to the US Aerospace & Defense industry average (20.4x).

PE vs Market: VEC is good value based on its PE Ratio (10.1x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: VEC is poor value based on its PEG Ratio (12x)


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 (3.1x).


Future Growth

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

0.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: VEC's forecast earnings growth (0.8% per year) is below the savings rate (2%).

Earnings vs Market: VEC's earnings (0.8% per year) are forecast to grow slower than the US market (14.8% per year).

High Growth Earnings: VEC's earnings are forecast to grow, but not significantly.

Revenue vs Market: VEC's revenue (10.3% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: VEC's revenue (10.3% 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


Past Performance

How has Vectrus performed over the past 5 years?

4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VEC has high quality earnings.

Growing Profit Margin: VEC's current net profit margins (3.4%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: VEC's earnings have grown by 4.8% per year over the past 5 years.

Accelerating Growth: VEC's earnings growth over the past year (94.6%) exceeds its 5-year average (4.8% per year).

Earnings vs Industry: VEC earnings growth over the past year (94.6%) exceeded the Aerospace & Defense industry 2.5%.


Return on Equity

High ROE: VEC's Return on Equity (16.6%) is considered low.


Financial Health

How is Vectrus's financial position?


Financial Position Analysis

Short Term Liabilities: VEC's short term assets ($451.2M) exceed its short term liabilities ($316.7M).

Long Term Liabilities: VEC's short term assets ($451.2M) exceed its long term liabilities ($246.7M).


Debt to Equity History and Analysis

Debt Level: VEC's debt to equity ratio (52.6%) is considered high.

Reducing Debt: VEC's debt to equity ratio has reduced from 95.7% to 52.6% over the past 5 years.

Debt Coverage: VEC's debt is well covered by operating cash flow (25%).

Interest Coverage: VEC's interest payments on its debt are well covered by EBIT (12.1x coverage).


Balance Sheet


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 recent payouts.

High Dividend: Unable to evaluate VEC'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 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?

3.6yrs

Average management tenure


CEO

Chuck Prow (62 yo)

4.75yrs

Tenure

US$3,441,257

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 ($USD3.44M) is above average for companies of similar size in the US market ($USD1.68M).

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


Leadership Team

Experienced Management: VEC's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: VEC's board of directors are considered experienced (7.7 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

Vectrus, Inc.'s 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$558.566m
  • Shares outstanding: 11.72m
  • Website: https://www.vectrus.com

Number of Employees


Location

  • Vectrus, Inc.
  • 2424 Garden of the Gods Road
  • Colorado Springs
  • Colorado
  • 80919
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/18 00:53
End of Day Share Price2021/09/17 00:00
Earnings2021/07/02
Annual Earnings2020/12/31


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.