Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States.
Virco Mfg Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$3.40|
|52 Week High||US$1.94|
|52 Week Low||US$4.61|
|1 Month Change||-6.08%|
|3 Month Change||2.46%|
|1 Year Change||62.68%|
|3 Year Change||-21.48%|
|5 Year Change||-21.84%|
|Change since IPO||100.07%|
Recent News & Updates
Virco Mfg's (NASDAQ:VIRC) Returns On Capital Not Reflecting Well On The Business
There are a few key trends to look for if we want to identify the next multi-bagger. Typically, we'll want to notice a...
We Think The Compensation For Virco Mfg. Corporation's (NASDAQ:VIRC) CEO Looks About Right
Performance at Virco Mfg. Corporation ( NASDAQ:VIRC ) has been rather uninspiring recently and shareholders may be...
Virco Manufacturing EPS beats by $0.07, beats on revenue
Virco Manufacturing (VIRC): Q1 GAAP EPS of -$0.25 beats by $0.07.Revenue of $28.37M (+59.2% Y/Y) beats by $7.27M.Shares -1.87%.Press Release
Estimating The Intrinsic Value Of Virco Mfg. Corporation (NASDAQ:VIRC)
How far off is Virco Mfg. Corporation ( NASDAQ:VIRC ) from its intrinsic value? Using the most recent financial data...
|VIRC||US Commercial Services||US Market|
Return vs Industry: VIRC exceeded the US Commercial Services industry which returned 31.2% over the past year.
Return vs Market: VIRC exceeded the US Market which returned 33.4% over the past year.
Stable Share Price: VIRC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: VIRC's weekly volatility (6%) has been stable over the past year.
About the Company
Virco Mfg. Corporation engages in the design, production, and distribution of furniture for the commercial and education markets in the United States. It offers seating products, including 4-leg chairs, cantilever chairs, tablet arm chairs with work surfaces and compact footprints, steel-frame rockers, stools, series chairs, stack and folding chairs, hard plastic seating, upholstered stack and ergonomic chairs, and plastic stack chairs. The company also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products.
Virco Mfg Fundamentals Summary
|VIRC fundamental statistics|
Is VIRC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|VIRC income statement (TTM)|
|Cost of Revenue||US$106.09m|
Last Reported Earnings
Jul 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.077|
|Net Profit Margin||-0.76%|
How did VIRC perform over the long term?See historical performance and comparison
Is Virco Mfg 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: VIRC ($3.4) is trading below our estimate of fair value ($5.57)
Significantly Below Fair Value: VIRC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VIRC is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: VIRC 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 VIRC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VIRC is good value based on its PB Ratio (1x) compared to the US Commercial Services industry average (2.6x).
How is Virco Mfg forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted Commercial Services industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Virco Mfg has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Virco Mfg performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VIRC is currently unprofitable.
Growing Profit Margin: VIRC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VIRC is unprofitable, and losses have increased over the past 5 years at a rate of 63.8% per year.
Accelerating Growth: Unable to compare VIRC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VIRC is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (33.8%).
Return on Equity
High ROE: VIRC has a negative Return on Equity (-2.17%), as it is currently unprofitable.
How is Virco Mfg's financial position?
Financial Position Analysis
Short Term Liabilities: VIRC's short term assets ($79.8M) exceed its short term liabilities ($43.7M).
Long Term Liabilities: VIRC's short term assets ($79.8M) exceed its long term liabilities ($49.3M).
Debt to Equity History and Analysis
Debt Level: VIRC's debt to equity ratio (35.6%) is considered satisfactory.
Reducing Debt: VIRC's debt to equity ratio has reduced from 96.5% to 35.6% over the past 5 years.
Debt Coverage: VIRC's debt is well covered by operating cash flow (74.5%).
Interest Coverage: Insufficient data to determine if VIRC's interest payments on its debt are well covered by EBIT.
What is Virco Mfg current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VIRC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VIRC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VIRC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VIRC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VIRC is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VIRC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Robert Virtue (88 yo)
Mr. Robert A. Virtue has been the Chairman of Virco Mfg. Corporation since 1990 and has been its Chief Executive Officer since 1988. Mr. Virtue served as the President of Virco Mfg.Corporation since Augus...
CEO Compensation Analysis
Compensation vs Market: Robert's total compensation ($USD301.60K) is below average for companies of similar size in the US market ($USD542.68K).
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
Experienced Management: VIRC's management team is seasoned and experienced (17.8 years average tenure).
Experienced Board: VIRC's board of directors are considered experienced (7.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Virco Mfg. Corporation's employee growth, exchange listings and data sources
- Name: Virco Mfg. Corporation
- Ticker: VIRC
- Exchange: NasdaqGM
- Founded: 1950
- Industry: Office Services and Supplies
- Sector: Commercial Services
- Market Cap: US$54.747m
- Shares outstanding: 16.10m
- Website: https://www.virco.com
Number of Employees
- Virco Mfg. Corporation
- 2027 Harpers Way
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 22:32|
|End of Day Share Price||2021/10/26 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.