Victoria's Secret Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: VSCO ($44.75) is trading above our estimate of fair value ($20.47)

Significantly Below Fair Value: VSCO is trading above our estimate of fair value.


Key Valuation Metric

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

Key metric: As VSCO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VSCO. This is calculated by dividing VSCO's market cap by their current earnings.
What is VSCO's PE Ratio?
PE Ratio23x
EarningsUS$153.00m
Market CapUS$3.61b

Price to Earnings Ratio vs Peers

How does VSCO's PE Ratio compare to its peers?

The above table shows the PE ratio for VSCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
AEO American Eagle Outfitters
14.3x19.1%US$3.3b
BKE Buckle
13x2.3%US$2.6b
BOOT Boot Barn Holdings
29.7x16.8%US$4.5b
URBN Urban Outfitters
15.4x5.6%US$5.0b
VSCO Victoria's Secret
23x3.6%US$3.6b

Price-To-Earnings vs Peers: VSCO is expensive based on its Price-To-Earnings Ratio (23x) compared to the peer average (18.1x).


Price to Earnings Ratio vs Industry

How does VSCO's PE Ratio compare vs other companies in the US Specialty Retail Industry?

6 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TKLF Tokyo Lifestyle
2.1xn/aUS$15.33m
SSOK Sunstock
0.8xn/aUS$556.28k
MASN Maison Luxe
0.09xn/aUS$144.03k
EXPR.Q Express
0.000004xn/aUS$749.00
VSCO 23.0xIndustry Avg. 16.4xNo. of Companies10PE01224364860+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VSCO is expensive based on its Price-To-Earnings Ratio (23x) compared to the US Specialty Retail industry average (16.4x).


Price to Earnings Ratio vs Fair Ratio

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

VSCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23x
Fair PE Ratio16.6x

Price-To-Earnings vs Fair Ratio: VSCO is expensive based on its Price-To-Earnings Ratio (23x) compared to the estimated Fair Price-To-Earnings Ratio (16.6x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VSCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$44.75
US$44.70
-0.1%
14.3%US$55.00US$28.43n/a12
Dec ’25US$38.84
US$29.37
-24.4%
24.3%US$40.00US$18.00n/a12
Nov ’25US$31.51
US$24.95
-20.8%
22.7%US$33.00US$13.00n/a12
Oct ’25US$25.13
US$23.88
-5.0%
21.1%US$30.00US$13.00n/a13
Sep ’25US$23.46
US$23.73
+1.1%
21.3%US$30.00US$13.00n/a13
Aug ’25US$16.77
US$19.42
+15.8%
24.3%US$27.00US$13.00n/a12
Jul ’25US$16.03
US$19.42
+21.1%
24.3%US$27.00US$13.00n/a12
Jun ’25US$22.79
US$18.83
-17.4%
24.4%US$27.00US$13.00n/a12
May ’25US$17.47
US$18.92
+8.3%
24.6%US$27.00US$13.00n/a12
Apr ’25US$18.53
US$19.36
+4.5%
23.8%US$27.00US$13.00n/a11
Mar ’25US$28.44
US$27.18
-4.4%
20.0%US$35.00US$15.00n/a11
Feb ’25US$26.67
US$26.36
-1.1%
18.1%US$35.00US$15.00n/a11
Jan ’25US$26.54
US$26.09
-1.7%
18.2%US$35.00US$15.00n/a11
Dec ’24US$28.53
US$24.91
-12.7%
22.3%US$35.00US$15.00US$38.8411
Nov ’24US$17.58
US$19.20
+9.2%
17.6%US$25.00US$15.00US$31.5110
Oct ’24US$16.68
US$20.40
+22.3%
14.1%US$25.00US$15.00US$25.1310
Sep ’24US$19.81
US$20.40
+3.0%
14.1%US$25.00US$15.00US$23.4610
Aug ’24US$19.82
US$22.90
+15.5%
22.5%US$34.00US$16.00US$16.7710
Jul ’24US$17.43
US$23.00
+32.0%
22.2%US$34.00US$16.00US$16.0310
Jun ’24US$18.64
US$28.40
+52.4%
32.0%US$45.00US$20.00US$22.7910
May ’24US$30.00
US$43.90
+46.3%
18.7%US$55.00US$27.00US$17.4710
Apr ’24US$34.15
US$43.90
+28.6%
18.7%US$55.00US$27.00US$18.5310
Mar ’24US$38.55
US$47.64
+23.6%
17.0%US$60.00US$27.00US$28.4411
Feb ’24US$45.84
US$47.00
+2.5%
17.3%US$60.00US$27.00US$26.6711
Jan ’24US$35.78
US$49.55
+38.5%
10.7%US$60.00US$43.00US$26.5411
Dec ’23US$43.11
US$48.27
+12.0%
14.4%US$60.00US$35.00US$28.5311

Analyst Forecast: Target price is lower than the current share price.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 07:06
End of Day Share Price 2024/12/17 00:00
Earnings2024/11/02
Annual Earnings2024/02/03

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Victoria's Secret & Co. is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Adrienne Yih-TennantBarclays
Simeon SiegelBMO Capital Markets Equity Research
Lorraine Corrine HutchinsonBofA Global Research