Vince Holding
Market Cap
US$47.1m
Last Updated
2020/03/29 02:57 UTC
Data Sources
Company Financials +
Executive Summary
Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally.
Rewards
Risk Analysis
+ 1 more risk
Snowflake Analysis
Mediocre balance sheet with limited growth.
Similar Companies
Share Price & News
How has Vince Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VNCE's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
6.6%
VNCE
18.4%
US Luxury
9.9%
US Market
1 Year Return
-67.5%
VNCE
-20.2%
US Luxury
-11.9%
US Market
Return vs Industry: VNCE underperformed the US Luxury industry which returned -20.1% over the past year.
Return vs Market: VNCE underperformed the US Market which returned -11.5% over the past year.
Shareholder returns
| VNCE | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.6% | 18.4% | 9.9% |
| 30 Day | -62.7% | -16.2% | -15.0% |
| 90 Day | -76.7% | -28.8% | -21.5% |
| 1 Year | -67.5%-67.5% | -18.6%-20.2% | -10.0%-11.9% |
| 3 Year | -74.0%-74.0% | 23.6%17.8% | 12.3%5.1% |
| 5 Year | -97.9%-97.9% | 8.6%1.1% | 32.5%18.1% |
Price Volatility Vs. Market
How volatile is Vince Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
Could Vince Holding Corp.'s (NYSE:VNCE) Investor Composition Influence The Stock Price?2 weeks ago | Simply Wall St
How Much Are Vince Holding Corp. (NYSE:VNCE) Insiders Spending On Buying Shares?1 month ago | Simply Wall St
At US$12.68, Is Vince Holding Corp. (NYSE:VNCE) Worth Looking At Closely?Valuation
Is Vince Holding undervalued compared to its fair value and its price relative to the market?
17.69x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: VNCE ($4.03) is trading above our estimate of fair value ($1.25)
Significantly Below Fair Value: VNCE is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: VNCE is poor value based on its PE Ratio (17.7x) compared to the Luxury industry average (10.7x).
PE vs Market: VNCE is poor value based on its PE Ratio (17.7x) compared to the US market (13x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VNCE's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VNCE is good value based on its PB Ratio (0.6x) compared to the US Luxury industry average (0.8x).
Next Steps
Future Growth
How is Vince Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
24.4%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if VNCE's forecast earnings growth is above the savings rate (1.7%).
Earnings vs Market: Insufficient data to determine if VNCE's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: VNCE's revenue (24.4% per year) is forecast to grow faster than the US market (7.3% per year).
High Growth Revenue: VNCE's revenue (24.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VNCE's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Vince Holding performed over the past 5 years?
-3.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VNCE has a large one-off loss of $2.4M impacting its November 2 2019 financial results.
Growing Profit Margin: VNCE's current net profit margins (0.9%) are lower than last year (26%).
Past Earnings Growth Analysis
Earnings Trend: VNCE has become profitable over the past 5 years, growing earnings by -3.6% per year.
Accelerating Growth: VNCE's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VNCE had negative earnings growth (-96.3%) over the past year, making it difficult to compare to the Luxury industry average (3.2%).
Return on Equity
High ROE: VNCE's Return on Equity (3.5%) is considered low.
Next Steps
Financial Health
How is Vince Holding's financial position?
Financial Position Analysis
Short Term Liabilities: VNCE's short term assets ($98.7M) exceed its short term liabilities ($66.3M).
Long Term Liabilities: VNCE's short term assets ($98.7M) do not cover its long term liabilities ($181.9M).
Debt to Equity History and Analysis
Debt Level: VNCE's debt to equity ratio (60.3%) is considered high.
Reducing Debt: VNCE's debt to equity ratio has reduced from 199.8% to 60.3% over the past 5 years.
Balance Sheet
Inventory Level: VNCE has a high level of physical assets or inventory.
Debt Coverage by Assets: VNCE's debt is covered by short term assets (assets are 2.1x 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: VNCE is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: VNCE is profitable, therefore cash runway is not a concern.
Next Steps
Dividend
What is Vince Holding's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VNCE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate VNCE'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 VNCE's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VNCE'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 VNCE'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
Brendan Hoffman (50yo)
4.42s
Tenure
US$2,777,746
Compensation
Mr. Brendan L. Hoffman has been Chief Executive Officer at Vince Holding Corp. since October 2015. Mr. Hoffman served as the Chief Executive Officer and President of Bon-Ton Stores Inc. from February 7, 20 ...
CEO Compensation Analysis
Compensation vs Market: Brendan's total compensation ($USD2.78M) is above average for companies of similar size in the US market ($USD601.33K).
Compensation vs Earnings: Brendan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.42yrs | US$2.78m | 0.35% $163.7k | |
| Executive VP & CFO | 4.5yrs | US$1.61m | 0.18% $85.4k | |
| Senior Vice President of Merchandising | 1.17yrs | US$1.11m | no data | |
| Executive Vice President of Operations | 3.58yrs | US$884.05k | 0.26% $121.3k | |
| Vice President of Investor Relations | no data | no data | no data | |
| VP, General Counsel & Secretary | no data | no data | no data | |
| Senior VP & Creative Director | 2.83yrs | no data | no data |
3.6yrs
Average Tenure
59.5yo
Average Age
Experienced Management: VNCE's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 4.42yrs | US$2.78m | 0.35% $163.7k | |
| Chairman of The Board | 4.75yrs | no data | no data | |
| Director | 0.83yr | no data | no data | |
| Independent Director | 5.92yrs | US$159.55k | 0.059% $27.8k | |
| Independent Director | 1.92yrs | US$165.70k | 0.025% $11.8k | |
| Independent Director | 6.33yrs | US$154.32k | 0.17% $80.1k | |
| Director | 0.50yr | no data | no data |
4.4yrs
Average Tenure
58.5yo
Average Age
Experienced Board: VNCE's board of directors are considered experienced (4.4 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
Vince Holding Corp.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vince Holding Corp.
- Ticker: VNCE
- Exchange: NYSE
- Founded: 2002
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$47.070m
- Shares outstanding: 11.68m
- Website: https://www.vince.com
Number of Employees
Location
- Vince Holding Corp.
- 500 5th Avenue
- 20th Floor
- New York
- New York
- 10110
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VNCE | NYSE (New York Stock Exchange) | Yes | Common Stock | US | USD | Nov 2013 |
| VNC1 | DB (Deutsche Boerse AG) | Yes | Common Stock | DE | EUR | Nov 2013 |
Biography
Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. The company operates in two segments, Wholesale and Direct-To-Consumer. It offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, T-shirts, handbags, footwear, and outerwear; and men’s products comprising T-shirts, knit and woven tops, sweaters, denim, pants, blazers, footwear, and outerwear under the Vince brand. The company sells its products directly to consumers through its branded specialty retail stores and outlet stores, as well as through its vince.com e-commerce platform; and to wholesale department stores and specialty stores. As of February 2, 2019, it operated 59 stores, including 45 company-operated full-price retail stores and 14 company-operated outlets. The company was formerly known as Apparel Holding Corp. and changed its name to Vince Holding Corp. in November 2013. Vince Holding Corp. was founded in 2002 and is based in New York, New York.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/29 02:57 |
| End of Day Share Price | 2020/03/27 00:00 |
| Earnings | 2019/11/02 |
| Annual Earnings | 2019/02/02 |
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.