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

Mediocre balance sheet with concerning outlook.


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

6.6%

VNCE

4.1%

US Luxury

3.4%

US Market


1 Year Return

57.4%

VNCE

7.9%

US Luxury

5.4%

US Market

Return vs Industry: VNCE exceeded the US Luxury industry which returned 7.9% over the past year.

Return vs Market: VNCE exceeded the US Market which returned 5.4% over the past year.


Shareholder returns

VNCEIndustryMarket
7 Day6.6%4.1%3.4%
30 Day44.3%4.1%-1.0%
90 Day65.3%3.0%-0.4%
1 Year57.4%57.4%10.2%7.9%7.7%5.4%
3 Year-61.6%-61.6%54.2%47.4%46.2%36.8%
5 Year-93.6%-93.6%51.4%41.5%65.6%47.5%

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 compared to its fair value and its price relative to the market?

171.13x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: VNCE ($21.31) is trading above our estimate of fair value ($2.77)

Significantly Undervalued: 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 (171.1x) compared to the Luxury industry average (16.6x).

PE vs Market: VNCE is poor value based on its PE Ratio (171.1x) compared to the US market (17.7x).


Price to Earnings Growth Ratio

Low 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 overvalued based on its PB Ratio (3.7x) compared to the US Luxury industry average (1.6x).


Next Steps

Future Growth

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

7.5%

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 (2.7%).

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 (7.5% per year) is forecast to grow faster than the US market (7.3% per year).

High Growth Revenue: VNCE's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High 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?

-9.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: VNCE's earnings have declined by -9.9% per year over the past 5 years.

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 (-97.9%) over the past year, making it difficult to compare to the Luxury industry average (23.9%).


Return on Equity

High ROE: VNCE's Return on Equity (2.1%) is considered low.


Return on Assets

ROA vs Industry: VNCE's Return on Assets is below or equal to the Luxury industry average last year.


Return on Capital Employed

ROCE Improving: VNCE has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Vince Holding's financial position?


Financial Position Analysis

Short Term Liabilities: VNCE's short term assets ($95.5M) exceeds its short term liabilities ($67.1M)

Long Term Liabilities: VNCE's short term assets (95.5M) do not cover its long term liabilities (190.0M)


Debt to Equity History and Analysis

Debt Level: VNCE's debt to equity ratio (74.6%) is considered high

Reducing Debt: VNCE's debt to equity ratio has reduced from 298.9% to 74.6% over the past 5 years.

Debt Coverage: VNCE's debt is well covered by operating cash flow (26.2%).

Interest Coverage: VNCE's interest payments on its debt are not well covered by EBIT (1.7x coverage).


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 1.876890x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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.

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

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

3.2yrs

Average management tenure


CEO

Brendan Hoffman (50yo)

4yrs

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 ($USD2.78M) is about average for companies of similar size in the US market ($USD1.16M).

Compensation vs Earnings: Brendan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

3.2yrs

Average Tenure

59.5yo

Average Age

Experienced Management: VNCE's management team is considered experienced (3.2 years average tenure).


Board Age and Tenure

4.0yrs

Average Tenure

58.5yo

Average Age

Experienced Board: VNCE's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


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: 3.2yrs
    • Compensation: US$884.05k
  • Brendan Hoffman (50yo)

    CEO & Director

    • Tenure: 4yrs
    • Compensation: US$2.78m
  • Marie Fogel (58yo)

    Senior Vice President of Merchandising

    • Tenure: 0.8yrs
    • Compensation: US$1.11m
  • David Stefko (62yo)

    Executive VP & CFO

    • Tenure: 4.1yrs
    • Compensation: US$1.61m
  • Akiko Okuma

    VP, General Counsel & Secretary

    • Tenure: 0yrs
  • Caroline Belhumeur

    Senior VP & Creative Director

    • Tenure: 2.4yrs
  • Amy Levy

    Vice President of Investor Relations

    • Tenure: 0yrs

Board Members

  • Marc Leder (57yo)

    Chairman of The Board

    • Tenure: 4.3yrs
  • Matthew Garff (49yo)

    Director

    • Tenure: 0.4yrs
  • Brendan Hoffman (50yo)

    CEO & Director

    • Tenure: 4yrs
    • Compensation: US$2.78m
  • Eugenia Ulasewicz (65yo)

    Director

    • Tenure: 5.5yrs
    • Compensation: US$159.55k
  • Mike Mardy (70yo)

    Director

    • Tenure: 1.5yrs
  • Jerome Griffith (60yo)

    Director

    • Tenure: 5.9yrs
    • Compensation: US$154.32k
  • Robin Kramer

    Director

    • Tenure: 0.08yrs

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$248.891m
  • 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

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 Analysis2019/10/16 00:23
End of Day Share Price2019/10/15 00:00
Earnings2019/08/03
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.