Vince Holding (NYSE:VNCE) - Share price, News & Analysis

VNCE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	0/6
Financial Health	2/6
Dividends	0/6

VNCE Stock Overview

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally.

Rewards

Revenue is forecast to grow 15.12% per year

Earnings have grown 25.4% per year over the past 5 years

Risk Analysis

Has less than 1 year of cash runway

Shareholders have been diluted in the past year

Does not have a meaningful market cap ($94M)

Vince Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Vince Holding
Historical stock prices
Current Share Price	US$7.73
52 Week High	US$11.57
52 Week Low	US$6.33
Beta	2.13
1 Month Change	-3.50%
3 Month Change	-6.30%
1 Year Change	-26.94%
3 Year Change	-44.59%
5 Year Change	64.22%
Change since IPO	-97.30%

Shareholder Returns

	VNCE	US Luxury	US Market
7D	4.5%	5.5%	6.6%
1Y	-26.9%	-28.5%	-18.5%

Return vs Industry: VNCE exceeded the US Luxury industry which returned -28.5% over the past year.

Return vs Market: VNCE underperformed the US Market which returned -18.5% over the past year.

Price Volatility

Is VNCE's price volatile compared to industry and market?
VNCE volatility
VNCE Average Weekly Movement	7.3%
Luxury Industry Average Movement	7.2%
Market Average Movement	8.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.1%

Stable Share Price: VNCE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: VNCE's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2002	697	Jack Schwefel	https://www.vince.com

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company 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, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.

Vince Holding Fundamentals Summary

How do Vince Holding's earnings and revenue compare to its market cap?
VNCE fundamental statistics
Market Cap	US$94.10m
Earnings (TTM)	-US$8.25m
Revenue (TTM)	US$343.53m

0.3x

P/S Ratio

-11.4x

P/E Ratio

Is VNCE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
VNCE income statement (TTM)
Revenue	US$343.53m
Cost of Revenue	US$186.80m
Gross Profit	US$156.72m
Other Expenses	US$164.97m
Earnings	-US$8.25m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.68
Gross Margin	45.62%
Net Profit Margin	-2.40%
Debt/Equity Ratio	197.0%

How did VNCE perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is VNCE undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VNCE?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for VNCE. This is calculated by dividing VNCE's market cap by their current preferred multiple.
What is VNCE's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	US$94.10m

VNCE key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	34.7x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does VNCE's PS Ratio compare to its peers?

VNCE PS Ratio vs Peers

The above table shows the PS ratio for VNCE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PS	Estimated Growth	Market Cap
Peer Average	1.1x

Forward PS

Price-To-Sales vs Peers: VNCE is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (1.1x).

Price to Earnings Ratio vs Industry

How does VNCE's PE Ratio compare vs other companies in the U.S. Luxury Industry?

Price-To-Sales vs Industry: VNCE is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Luxury industry average (0.8x)

Price to Sales Ratio vs Fair Ratio

What is VNCE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VNCE PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.3x
Fair PS Ratio	0.7x

Price-To-Sales vs Fair Ratio: VNCE is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (0.7x).

Share Price vs Fair Value

What is the Fair Price of VNCE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate VNCE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate VNCE's fair value for valuation analysis.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate VNCE's PEG Ratio to determine if it is good value.

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Future Growth

How is Vince Holding forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

Future Growth Score

1/6

Future Growth Score 1/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

15.1%

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 (1.9%).

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 VNCE's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: VNCE's revenue (15.1% per year) is forecast to grow faster than the US market (8.4% per year).

High Growth Revenue: VNCE's revenue (15.1% 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 VNCE's Return on Equity is forecast to be high in 3 years time

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Past Performance

How has Vince Holding performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

25.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: VNCE is currently unprofitable.

Growing Profit Margin: VNCE is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: VNCE is unprofitable, but has reduced losses over the past 5 years at a rate of 25.4% per year.

Accelerating Growth: Unable to compare VNCE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: VNCE is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (88.3%).

Return on Equity

High ROE: VNCE has a negative Return on Equity (-16.7%), as it is currently unprofitable.

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Financial Health

How is Vince Holding's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: VNCE's short term assets ($114.4M) exceed its short term liabilities ($90.4M).

Long Term Liabilities: VNCE's short term assets ($114.4M) do not cover its long term liabilities ($189.5M).

Debt to Equity History and Analysis

Debt Level: VNCE's net debt to equity ratio (194.5%) is considered high.

Reducing Debt: VNCE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Balance Sheet

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 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: VNCE has less than a year of cash runway if free cash flow continues to grow at historical rates of 24.7% each year.

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Dividend

What is Vince Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

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 recent payouts.

High Dividend: Unable to evaluate VNCE'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 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.

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as VNCE has not reported any payouts.

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Management

How experienced are the management team and are they aligned to shareholders interests?

4.4yrs

Average management tenure

CEO

Jack Schwefel (62 yo)

1.25yrs

Tenure

US$1,497,898

Compensation

Mr. Jonathan Schwefel, also known as Jack, has been the Chief Executive Officer at Vince Holding Corp. since March 29, 2021 and serves as its Director since 2021. He served as President of Sur La Table Inc...

CEO Compensation Analysis

Compensation vs Market: Jack's total compensation ($USD1.50M) is above average for companies of similar size in the US market ($USD752.25K).

Compensation vs Earnings: Insufficient data to compare Jack's compensation with company performance.

Leadership Team

Experienced Management: VNCE's management team is considered experienced (4.4 years average tenure).

Board Members

Experienced Board: VNCE's board of directors are considered experienced (3.1 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: VNCE insiders have only sold shares in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/25 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/04/30
Annual Earnings	2022/01/29