NYSE:VNCE

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

Adequate balance sheet with concerning outlook.

Risks

  • Vince Holding has significant price volatility in the past 3 months.
  • Vince Holding is covered by less than 3 analysts.

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


Market Performance


7 Day Return

-9.3%

NYSE:VNCE

-3.9%

US Luxury

-0.7%

US Market


1 Year Return

-50.0%

NYSE:VNCE

-11.9%

US Luxury

-0.5%

US Market

VNCE underperformed the Luxury industry which returned -11.4% over the past year.

VNCE underperformed the Market in United States of America which returned -0.4% over the past year.


Share holder returns

VNCEIndustryMarket
7 Day-9.3%-3.9%-0.7%
30 Day-12.2%-11.2%-3.0%
90 Day-19.0%-9.2%0.9%
1 Year-50.0%-50.0%-10.1%-11.9%1.7%-0.5%
3 Year-81.4%-81.4%16.4%11.2%39.5%30.4%
5 Year-96.7%-96.7%33.4%24.9%54.1%37.0%

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

Valuation

Is Vince Holding undervalued based on future cash flows and its price relative to the stock market?

1.99x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Vince Holding's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Vince Holding's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Vince Holding is loss making, we can't compare its value to the US Luxury industry average.

Vince Holding is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Vince Holding, we can't assess if its growth is good value.


Price Based on Value of Assets

Vince Holding is overvalued based on assets compared to the US Luxury industry average.


Next Steps

Future Growth

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

7.7%

Forecasted annual revenue growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Vince Holding's revenue is expected to grow by 7.7% yearly, however this is not considered high growth (20% yearly).

Unable to determine if Vince Holding is high growth as no earnings estimate data is available.

Vince Holding's revenue growth is expected to exceed the United States of America market average.

Unable to compare Vince Holding's earnings growth to the United States of America market average as no estimate data is available.

Unable to compare Vince Holding's earnings growth to the low risk savings rate as no estimate data is available.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Vince Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Vince Holding performed over the past 5 years?

-15.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Vince Holding does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Vince Holding's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Vince Holding's 1-year growth to the US Luxury industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Vince Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Vince Holding used its assets less efficiently than the US Luxury industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Vince Holding improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Vince Holding's financial position?


Financial Position Analysis

Vince Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Vince Holding's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Vince Holding's level of debt (66.4%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (421% vs 66.4% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.7x 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.

Whilst loss making Vince Holding has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Vince Holding has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by % per year.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Vince Holding's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Vince Holding's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Vince Holding has not reported any payouts.

Unable to verify if Vince Holding's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Vince Holding has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Vince Holding's salary, the management and board of directors tenure and is there insider trading?

3.0yrs

Average management tenure


CEO

Brendan Hoffman (50yo)

3.8yrs

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

Brendan's remuneration is higher than average for companies of similar size in United States of America.

Brendan's compensation has increased whilst company is loss making.


Management Age and Tenure

3.0yrs

Average Tenure

59.5yo

Average Age

The tenure for the Vince Holding management team is about average.


Board Age and Tenure

3.8yrs

Average Tenure

57yo

Average Age

The tenure for the Vince Holding board of directors is about average.


Insider Trading

Vince Holding individual insiders have only sold shares in the past 3 months, but not in substantial volumes.


Recent Insider Transactions

SellUS$28,31211 Jul 19
Marie Fogel
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Merchandising
Shares1,991
Max PriceUS$14.22
SellUS$23,49209 May 19
Marie Fogel
EntityIndividual
Role
Senior Key Executive
Senior Vice President of Merchandising
Shares1,706
Max PriceUS$13.77

Ownership Breakdown


Management Team

  • Mark Engebretson (61yo)

    Executive Vice President of Operations

    • Tenure: 3.0yrs
    • Compensation: US$884.05k
  • Brendan Hoffman (50yo)

    CEO & Director

    • Tenure: 3.8yrs
    • Compensation: US$2.78m
  • Marie Fogel (58yo)

    Senior Vice President of Merchandising

    • Tenure: 0.6yrs
    • Compensation: US$1.11m
  • David Stefko (62yo)

    Executive VP & CFO

    • Tenure: 3.9yrs
    • Compensation: US$1.61m
  • Akiko Okuma

    VP, General Counsel & Secretary

    • Tenure: 0.0yrs
  • Caroline Belhumeur

    Senior VP & Creative Director

    • Tenure: 2.3yrs
  • Amy Levy

    Vice President of Investor Relations

    • Tenure: 0.0yrs

Board Members

  • Marc Leder (57yo)

    Chairman of The Board

    • Tenure: 4.2yrs
  • Matthew Garff (49yo)

    Director

    • Tenure: 0.3yrs
  • Brendan Hoffman (50yo)

    CEO & Director

    • Tenure: 3.8yrs
    • Compensation: US$2.78m
  • Eugenia Ulasewicz (65yo)

    Director

    • Tenure: 5.3yrs
    • Compensation: US$159.55k
  • Jerome Griffith (60yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$154.32k
  • Jeff Feinberg (52yo)

    Director

    • Tenure: 1.0yrs
  • Michael Mardy (69yo)

    Director

    • Tenure: 1.3yrs
    • Compensation: US$165.70k

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$132.392m
  • Shares outstanding: 11.66m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VNCENYSE (New York Stock Exchange)YesCommon StockUSUSDNov 2013
VNC1DB (Deutsche Boerse AG)YesCommon StockDEEURNov 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 offe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 00:49
End of Day Share Price2019/08/16 00:00
Earnings2019/05/04
Annual Earnings2019/02/02


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.