Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally.
Excellent balance sheet and fair value.
Share Price & News
How has Veritiv's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRTV's share price has been volatile over the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: VRTV underperformed the US Trade Distributors industry which returned 9.9% over the past year.
Return vs Market: VRTV underperformed the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Veritiv's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StThe Veritiv (NYSE:VRTV) Share Price Is Down 75% So Some Shareholders Are Rather Upset
1 month ago | Simply Wall StIs Veritiv Corporation's (NYSE:VRTV) CEO Being Overpaid?
2 months ago | Simply Wall StVeritiv (NYSE:VRTV) Use Of Debt Could Be Considered Risky
Is Veritiv undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRTV ($13) is trading below our estimate of fair value ($817.86)
Significantly Below Fair Value: VRTV is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRTV is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.
PE vs Market: VRTV 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 VRTV's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRTV is good value based on its PB Ratio (0.4x) compared to the US Trade Distributors industry average (1.7x).
How is Veritiv forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRTV is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: VRTV is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: VRTV is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: VRTV's revenue is expected to decline over the next 3 years (-9.5% per year).
High Growth Revenue: VRTV's revenue is forecast to decline over the next 3 years (-9.5% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VRTV's Return on Equity is forecast to be high in 3 years time
How has Veritiv performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRTV is currently unprofitable.
Growing Profit Margin: VRTV is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRTV is unprofitable, and losses have increased over the past 5 years at a rate of -25.5% per year.
Accelerating Growth: Unable to compare VRTV's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRTV is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (3.5%).
Return on Equity
High ROE: VRTV has a negative Return on Equity (-4.5%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Veritiv's financial position?
Financial Position Analysis
Short Term Liabilities: VRTV's short term assets ($1.8B) exceed its short term liabilities ($883.2M).
Long Term Liabilities: VRTV's short term assets ($1.8B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: VRTV's debt to equity ratio (126.9%) is considered high.
Reducing Debt: VRTV's debt to equity ratio has reduced from 183.5% to 126.9% over the past 5 years.
Inventory Level: VRTV has a high level of physical assets or inventory.
Debt Coverage by Assets: VRTV's debt is covered by short term assets (assets are 2.7x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable VRTV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: VRTV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.
What is Veritiv's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate VRTV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VRTV'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 VRTV's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VRTV'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 VRTV's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mary Laschinger (58yo)
Ms. Mary A. Laschinger has been the Chairman and Chief Executive Officer at Veritiv Corporation since July 2014 and served as its President and Principal Financial Officer. Ms. Laschinger served as the Pre ...
CEO Compensation Analysis
Compensation vs Market: Mary's total compensation ($USD6.83M) is above average for companies of similar size in the US market ($USD1.11M).
Compensation vs Earnings: Mary's compensation has increased whilst the company is unprofitable.
|Chairman & CEO||5.6yrs||US$6.83m||1.64% $3.5m|
|Senior VP & CFO||5.9yrs||US$2.08m||0.62% $1.3m|
|Chief Operating Officer||0.08yrs||US$2.12m||0.25% $534.9k|
|Senior Vice President of Print||5.6yrs||US$2.34m||0.43% $905.6k|
|Executive Officer||0.2yrs||US$3.38m||0.33% $704.7k|
|Chief Accounting Officer||1.9yrs||no data||0.049% $103.7k|
|Senior VP & Chief Information Officer||0.7yrs||no data||0.068% $144.3k|
|Director of Investor Relations||5.1yrs||no data||no data|
|Senior VP||6.1yrs||US$1.49m||0.24% $499.1k|
|Vice President of Corporate Development||4yrs||no data||no data|
Experienced Management: VRTV's management team is considered experienced (4.5 years average tenure).
|Chairman & CEO||5.6yrs||US$6.83m||1.64% $3.5m|
|Independent Director||5.7yrs||US$225.00k||0.12% $263.2k|
|Independent Director||5.7yrs||US$225.00k||no data|
|Independent Director||5.7yrs||US$237.00k||0.10% $221.4k|
|Independent Director||5.7yrs||US$250.00k||no data|
|Presiding Director||1.1yrs||US$240.00k||0.073% $154.9k|
|Independent Director||2.6yrs||US$225.00k||0.0075% $15.8k|
|Independent Director||5.7yrs||US$250.00k||0.10% $220.7k|
Experienced Board: VRTV's board of directors are considered experienced (5.7 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Veritiv Corporation's company bio, employee growth, exchange listings and data sources
- Name: Veritiv Corporation
- Ticker: VRTV
- Exchange: NYSE
- Founded: 2013
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$211.872m
- Shares outstanding: 16.10m
- Website: https://www.veritivcorp.com
Number of Employees
- Veritiv Corporation
- Building 400
- Suite 1700
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VRTV||NYSE (New York Stock Exchange)||Yes||New Common Shares||US||USD||Jun 2014|
|288||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Jun 2014|
|0LP2||LSE (London Stock Exchange)||Yes||New Common Shares||GB||USD||Jun 2014|
Veritiv Corporation operates as a business-to-business distributor of packaging, facility solutions, print, and publishing products and services in the United States, Canada, Mexico, and internationally. It operates through four segments: Packaging, Facility Solutions, Print, and Publishing. The Packaging segment offers standard, custom, and comprehensive packaging solutions. The Facility Solutions segment sources and sells cleaning, break-room, and other supplies, such as towels, tissues, wipers and dispensers, can liners, commercial cleaning chemicals, soaps and sanitizers, sanitary maintenance supplies and equipment, safety and hazard supplies, and shampoos and amenities. The Print segment sells and distributes commercial printing, writing, copying, digital, wide format, and specialty paper products; and graphics consumables and equipment. It also provides customized paper conversion services of commercial printing paper for distribution to document centers and form printers. The Publishing segment sells and distributes coated and uncoated commercial printing papers to publishers, retailers, converters, printers, and specialty businesses for use in magazines, catalogs, books, directories, gaming, couponing, retail inserts, and direct mail. This segment also provides print management, procurement, and supply chain management solutions. The company also offers logistics and supply chain management solutions. It offers its products under the Endurance, nordic+, Econosource, Comet, Starbrite Opaque Select, TUFflex, Reliable, and Spring Grove brands, as well as other brands to printers, publishers, data centers, manufacturers, higher education institutions, healthcare facilities, sporting and performance arenas, retail stores, government agencies, property managers, and building service contractors. As of February 28, 2019, the company operated 160 distribution centers. Veritiv Corporation was incorporated in 2013 and is headquartered in Atlanta, Georgia.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 02:06|
|End of Day Share Price||2020/02/18 00:00|
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.