VSE Corporation operates as a diversified products and services aftermarket company in the United States. More Details
Adequate balance sheet and fair value.
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 has not had significant price volatility in the past 3 months.
7 Day Return
US Commercial Services
1 Year Return
US Commercial Services
Return vs Industry: VSEC underperformed the US Commercial Services industry which returned 6.9% over the past year.
Return vs Market: VSEC underperformed the US Market which returned 17.8% over the past year.
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 week ago | Simply Wall StRead This Before Selling VSE Corporation (NASDAQ:VSEC) Shares
3 weeks ago | Simply Wall StReflecting on VSE's (NASDAQ:VSEC) Share Price Returns Over The Last Three Years
1 month ago | Simply Wall StTread With Caution Around VSE Corporation's (NASDAQ:VSEC) 1.3% Dividend Yield
Is VSE 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: VSEC ($31.15) is trading below our estimate of fair value ($72.61)
Significantly Below Fair Value: VSEC is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VSEC is poor value based on its PE Ratio (278.2x) compared to the US Commercial Services industry average (27.3x).
PE vs Market: VSEC is poor value based on its PE Ratio (278.2x) compared to the US market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: VSEC is poor value based on its PEG Ratio (2.9x)
Price to Book Ratio
PB vs Industry: VSEC is good value based on its PB Ratio (1x) compared to the US Commercial Services industry average (1.5x).
How is VSE forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VSEC's forecast earnings growth (97.1% per year) is above the savings rate (2.2%).
Earnings vs Market: VSEC's earnings (97.1% per year) are forecast to grow faster than the US market (22% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VSEC's revenue (3.1% per year) is forecast to grow slower than the US market (10% per year).
High Growth Revenue: VSEC's revenue (3.1% 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 VSEC's Return on Equity is forecast to be high in 3 years time
How has VSE performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VSEC has a large one-off loss of $41.2M impacting its June 30 2020 financial results.
Growing Profit Margin: VSEC's current net profit margins (0.2%) are lower than last year (5%).
Past Earnings Growth Analysis
Earnings Trend: VSEC's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: VSEC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VSEC had negative earnings growth (-96.6%) over the past year, making it difficult to compare to the Commercial Services industry average (-9.7%).
Return on Equity
High ROE: VSEC's Return on Equity (0.4%) is considered low.
How is VSE's financial position?
Financial Position Analysis
Short Term Liabilities: VSEC's short term assets ($354.1M) exceed its short term liabilities ($146.8M).
Long Term Liabilities: VSEC's short term assets ($354.1M) exceed its long term liabilities ($297.9M).
Debt to Equity History and Analysis
Debt Level: VSEC's debt to equity ratio (75.6%) is considered high.
Reducing Debt: VSEC's debt to equity ratio has reduced from 112.1% to 75.6% over the past 5 years.
Debt Coverage: VSEC's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: VSEC's interest payments on its debt are well covered by EBIT (4.4x coverage).
What is VSE current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VSEC's dividend (1.16%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.65%).
High Dividend: VSEC's dividend (1.16%) is low compared to the top 25% of dividend payers in the US market (4.67%).
Stability and Growth of Payments
Stable Dividend: VSEC's dividend payments have been volatile in the past 10 years.
Growing Dividend: VSEC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (321.6%), VSEC's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VSEC's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
John Cuomo (46 yo)
Mr. John A. Cuomo has been Chief Executive Officer, President and Director of VSE Corporation since April 15, 2019. . Mr. Cuomo is the Interim president of VSE Aviation, Inc since May 1, 2020. Mr. Cuomo ha ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.46M) is about average for companies of similar size in the US market ($USD1.93M).
Compensation vs Earnings: Insufficient data to compare John's compensation with company performance.
|CEO, President & Director||1.5yrs||US$1.46m||0.25% |
|Executive VP & CFO||18.58yrs||US$809.14k||0.79% |
|VP, General Counsel & Secretary||11.92yrs||US$696.39k||0.34% |
|President & COO of Wheeler Fleet Solutions||7.25yrs||US$723.12k||0.11% |
|President & COO of VSE Aviation Inc.||5.75yrs||US$640.66k||0.060% |
|Chief Information Officer||5.17yrs||no data||no data|
|Director of Investor Relations & Assistant Corporate Secretary||no data||no data||no data|
|Vice President of Human Resources||10.75yrs||no data||no data|
|Chief Human Resources Officer||0.75yr||no data||no data|
|President of Federal & Defense Services||1.08yrs||no data||0.018% |
|Chief of Staff & Corporate VP of Strategy||no data||no data||no data|
|Treasurer||no data||no data||no data|
Experienced Management: VSEC's management team is seasoned and experienced (5.8 years average tenure).
|CEO, President & Director||1.5yrs||US$1.46m||0.25% |
|Independent Director||29.75yrs||US$160.27k||1.18% |
|Independent Director||17yrs||US$175.27k||0.27% |
|Non-Executive Chairman||1.25yrs||US$197.35k||0.30% |
|Independent Director||6.75yrs||US$160.27k||0.14% |
|Independent Director||8.75yrs||US$167.77k||0.18% |
|Independent Director||2.83yrs||US$160.27k||0.077% |
Experienced Board: VSEC's board of directors are considered experienced (7.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VSEC 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.
VSE Corporation's company bio, employee growth, exchange listings and data sources
- Name: VSE Corporation
- Ticker: VSEC
- Exchange: NasdaqGS
- Founded: 1959
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: US$346.537m
- Shares outstanding: 11.04m
- Website: https://www.vsecorp.com
Number of Employees
- VSE Corporation
- 6348 Walker Lane
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VSEC||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Jan 1980|
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||2020/10/24 00:18|
|End of Day Share Price||2020/10/23 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.