Market Cap
US$443.6m
Last Updated
2021/01/22 00:33 UTC
Data Sources
Company Financials +
Executive Summary
VSE Corporation operates as a diversified products and services aftermarket company in the United States. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Similar Companies
Share Price & News
How has VSE's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VSEC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: VSEC's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-4.5%
VSEC
0.03%
US Commercial Services
1.4%
US Market
1 Year Return
17.2%
VSEC
6.2%
US Commercial Services
22.6%
US Market
Return vs Industry: VSEC exceeded the US Commercial Services industry which returned 6.8% over the past year.
Return vs Market: VSEC underperformed the US Market which returned 22.8% over the past year.
Shareholder returns
| VSEC | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.5% | 0.03% | 1.4% |
| 30 Day | 1.2% | -0.4% | 4.9% |
| 90 Day | 27.9% | 4.2% | 14.6% |
| 1 Year | 18.7%17.2% | 7.6%6.2% | 25.4%22.6% |
| 3 Year | -18.1%-20.6% | 40.7%31.0% | 46.8%37.0% |
| 5 Year | 41.7%35.6% | 135.3%110.7% | 132.0%106.1% |
Long-Term Price Volatility Vs. Market
How volatile is VSE's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
It Might Not Be A Great Idea To Buy VSE Corporation (NASDAQ:VSEC) For Its Next Dividend1 week ago | Simply Wall St
Consider This Before Buying VSE Corporation (NASDAQ:VSEC) For The 0.9% Dividend4 weeks ago | Simply Wall St
What Do The Returns On Capital At VSE (NASDAQ:VSEC) Tell Us?Valuation
Is VSE 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: VSEC ($40.14) is trading below our estimate of fair value ($185.24)
Significantly Below Fair Value: VSEC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VSEC is unprofitable, so we can't compare its PE Ratio to the US Commercial Services industry average.
PE vs Market: VSEC 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 VSEC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VSEC is good value based on its PB Ratio (1.3x) compared to the US Commercial Services industry average (2.3x).
Next Steps
Future Growth
How is VSE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
110.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VSEC is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: VSEC is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VSEC's is expected to become profitable in the next 3 years.
Revenue vs Market: VSEC's revenue (5.2% per year) is forecast to grow slower than the US market (10.5% per year).
High Growth Revenue: VSEC's revenue (5.2% 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 VSEC's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has VSE performed over the past 5 years?
-2.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VSEC is currently unprofitable.
Growing Profit Margin: VSEC is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VSEC is unprofitable, and losses have increased over the past 5 years at a rate of 2.4% per year.
Accelerating Growth: Unable to compare VSEC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VSEC is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-9%).
Return on Equity
High ROE: VSEC has a negative Return on Equity (-0.34%), as it is currently unprofitable.
Next Steps
Financial Health
How is VSE's financial position?
Financial Position Analysis
Short Term Liabilities: VSEC's short term assets ($342.3M) exceed its short term liabilities ($134.1M).
Long Term Liabilities: VSEC's short term assets ($342.3M) exceed its long term liabilities ($286.1M).
Debt to Equity History and Analysis
Debt Level: VSEC's debt to equity ratio (70.9%) is considered high.
Reducing Debt: VSEC's debt to equity ratio has reduced from 110.5% to 70.9% over the past 5 years.
Debt Coverage: VSEC's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: VSEC is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is VSE current dividend yield, its reliability and sustainability?
0.90%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VSEC's dividend (0.9%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.37%).
High Dividend: VSEC's dividend (0.9%) is low compared to the top 25% of dividend payers in the US market (3.86%).
Stability and Growth of Payments
Stable Dividend: VSEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: VSEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: VSEC is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VSEC'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
John Cuomo (46 yo)
1.75yrs
Tenure
US$1,458,633
Compensation
Mr. John A. Cuomo has been Chief Executive Officer, President and Director of VSE Corporation since April 15, 2019. . Mr. Cuomo served as the Interim president of VSE Aviation, Inc since May 1, 2020 until ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.46M) is about average for companies of similar size in the US market ($USD1.64M).
Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.75yrs | US$1.46m | 0.25% $ 1.1m | |
| VP, General Counsel & Secretary | 12.17yrs | US$696.39k | 0.34% $ 1.5m | |
| President & COO of Wheeler Fleet Solutions | 7.5yrs | US$723.12k | 0.11% $ 493.3k | |
| President & COO of VSE Aviation Inc. | 6yrs | US$640.66k | 0.060% $ 266.6k | |
| Senior VP & CFO | 0.17yr | no data | 0.030% $ 131.2k | |
| Chief Information Officer | 5.42yrs | no data | no data | |
| Head of Investor Relations | no data | no data | no data | |
| Vice President of Human Resources | 11yrs | no data | no data | |
| Chief Human Resources Officer | 1yr | no data | no data | |
| President of Federal & Defense Services | 1.33yrs | no data | 0.018% $ 78.6k | |
| Chief of Staff & Corporate VP of Strategy | no data | no data | no data | |
| President of Aviation Segment | 0.25yr | no data | 0.070% $ 311.1k |
3.6yrs
Average Tenure
50.5yo
Average Age
Experienced Management: VSEC's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 1.75yrs | US$1.46m | 0.25% $ 1.1m | |
| Independent Director | 30yrs | US$160.27k | 1.2% $ 5.3m | |
| Independent Director | 17.25yrs | US$175.27k | 0.28% $ 1.2m | |
| Director | 29yrs | US$208.18k | 16.88% $ 74.9m | |
| Non-Executive Chairman | 1.5yrs | US$197.35k | 0.33% $ 1.5m | |
| Independent Director | 7yrs | US$160.27k | 0.16% $ 710.5k | |
| Independent Director | 9yrs | US$167.77k | 0.20% $ 895.1k | |
| Independent Director | 3.08yrs | US$160.27k | 0.098% $ 433.7k |
8.0yrs
Average Tenure
65.5yo
Average Age
Experienced Board: VSEC's board of directors are considered experienced (8 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
VSE Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: VSE Corporation
- Ticker: VSEC
- Exchange: NasdaqGS
- Founded: 1959
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$443.587m
- Shares outstanding: 11.05m
- Website: https://www.vsecorp.com
Number of Employees
Location
- VSE Corporation
- 6348 Walker Lane
- Alexandria
- Virginia
- 22310
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VSEC | NasdaqGS (Nasdaq Global Select) | Yes | Common Stock | US | USD | Jan 1980 |
Biography
VSE Corporation operates as a diversified products and services aftermarket company in the United States. The company operates in three segments: Supply Chain Management Group, Aviation Group, and Federal ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 00:33 |
| End of Day Share Price | 2021/01/21 00:00 |
| Earnings | 2020/09/30 |
| 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.