Market Cap
US$421.5m
Last Updated
2021/03/01 00:43 UTC
Data Sources
Company Financials +
Executive Summary
Verso Corporation produces and sells coated papers in North America. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Verso's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VRS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VRS's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-2.8%
VRS
0.9%
US Forestry
-3.6%
US Market
1 Year Return
-23.4%
VRS
42.6%
US Forestry
36.5%
US Market
Return vs Industry: VRS underperformed the US Forestry industry which returned 42.6% over the past year.
Return vs Market: VRS underperformed the US Market which returned 36.4% over the past year.
Shareholder returns
| VRS | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.8% | 0.9% | -3.6% |
| 30 Day | 8.7% | 19.8% | 2.7% |
| 90 Day | 15.6% | 31.9% | 7.5% |
| 1 Year | -0.8%-23.4% | 48.5%42.6% | 39.5%36.5% |
| 3 Year | -8.9%-29.7% | 21.2%9.9% | 53.5%43.6% |
| 5 Year | n/a | 71.7%50.1% | 117.5%93.2% |
Long-Term Price Volatility Vs. Market
How volatile is Verso's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
We're Not So Sure You Should Rely on Verso's (NYSE:VRS) Statutory Earnings4 months ago | Simply Wall St
What To Know Before Buying Verso Corporation (NYSE:VRS) For Its Dividend4 months ago | Simply Wall St
Here’s What’s Happening With Returns At Verso (NYSE:VRS)Valuation
Is Verso undervalued compared to its fair value and its price relative to the market?
39.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VRS ($12.5) is trading below our estimate of fair value ($20.5)
Significantly Below Fair Value: VRS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: VRS is unprofitable, so we can't compare its PE Ratio to the US Forestry industry average.
PE vs Market: VRS is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VRS's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VRS is good value based on its PB Ratio (0.6x) compared to the US Forestry industry average (1.2x).
Next Steps
Future Growth
How is Verso forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
140.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VRS is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: VRS is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VRS's is expected to become profitable in the next 3 years.
Revenue vs Market: VRS's revenue is expected to decline over the next 3 years (-5.2% per year).
High Growth Revenue: VRS's revenue is forecast to decline over the next 3 years (-5.2% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if VRS's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Verso performed over the past 5 years?
25.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VRS is currently unprofitable.
Growing Profit Margin: VRS is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VRS is unprofitable, but has reduced losses over the past 5 years at a rate of 25.6% per year.
Accelerating Growth: Unable to compare VRS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VRS is unprofitable, making it difficult to compare its past year earnings growth to the Forestry industry (16.9%).
Return on Equity
High ROE: VRS has a negative Return on Equity (-13.89%), as it is currently unprofitable.
Next Steps
Financial Health
How is Verso's financial position?
Financial Position Analysis
Short Term Liabilities: VRS's short term assets ($506.0M) exceed its short term liabilities ($183.0M).
Long Term Liabilities: VRS's short term assets ($506.0M) exceed its long term liabilities ($472.0M).
Debt to Equity History and Analysis
Debt Level: VRS is debt free.
Reducing Debt: VRS currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: Insufficient data to determine if VRS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if VRS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
Next Steps
Dividend
What is Verso current dividend yield, its reliability and sustainability?
3.20%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: VRS's dividend (3.2%) is higher than the bottom 25% of dividend payers in the US market (1.34%).
High Dividend: VRS's dividend (3.2%) is low compared to the top 25% of dividend payers in the US market (3.77%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether VRS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if VRS's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: VRS is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.9yrs
Average management tenure
CEO
Randy Nebel (63 yo)
0.42
Tenure
US$35,864
Compensation
Mr. Randy J. Nebel serves as the President and Chief Executive Officer of Verso Corporation since January 27, 2021. He served as Interim President and Chief Executive Officer of Verso Corporation since Sep...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.42yr | US$35.86k | 0.044% $ 187.5k | |
| Senior VP & CFO | 5.42yrs | US$1.34m | 0.44% $ 1.9m | |
| Vice President and Chief Accounting Officer | no data | no data | no data | |
| VP of Legal & Corporate Affairs and Secretary | no data | no data | no data | |
| Senior Vice President of Human Resources & Communications | 0.67yr | no data | 0.0079% $ 33.2k | |
| Senior Vice President of Sales & Marketing | 0.92yr | no data | 0.019% $ 78.3k | |
| Senior Vice President of Manufacturing & Energy | 0.83yr | no data | 0.12% $ 487.3k | |
| Treasurer | 6.08yrs | no data | no data | |
| Vice President of Sustainability | 14.33yrs | no data | no data |
0.9yrs
Average Tenure
57.5yo
Average Age
Experienced Management: VRS's management team is not considered experienced ( 0.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 0.42yr | US$35.86k | 0.044% $ 187.5k | |
| Independent Director | 1.25yrs | US$35.86k | 0.0030% $ 12.8k | |
| Independent Vice Chairman of Board | 0.083yr | no data | 0.059% $ 250.0k | |
| Independent Director | 1yr | no data | no data | |
| Independent Chairman of Board | 1.08yrs | no data | no data | |
| Independent Director | 1.08yrs | no data | no data |
1.1yrs
Average Tenure
61.5yo
Average Age
Experienced Board: VRS's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: VRS 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
Verso Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Verso Corporation
- Ticker: VRS
- Exchange: NYSE
- Founded: 2006
- Industry: Paper Products
- Sector: Materials
- Market Cap: US$421.539m
- Shares outstanding: 33.72m
- Website: https://www.versoco.com
Number of Employees
Location
- Verso Corporation
- 8540 Gander Creek Drive
- Miamisburg
- Ohio
- 45342
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| VRS | NYSE (New York Stock Exchange) | Yes | Class A Common Stock | US | USD | Jul 2016 |
| 4OMA | DB (Deutsche Boerse AG) | Yes | Class A Common Stock | DE | EUR | Jul 2016 |
| 0F27 | LSE (London Stock Exchange) | Yes | Class A Common Stock | GB | USD | Jul 2016 |
Biography
Verso Corporation produces and sells coated papers in North America. It operates through two segments, Paper and Pulp. The company offers coated freesheet and coated groundwood, specialty, packaging, inkje...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/01 00:43 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.