VSE Corporation (VSEC)
OvervaluedFundamental
40
Price
$164.70
Market Cap
$4.62B
Part 1 · What the company is worth
Overview
VSE Corporation engages in providing aviation aftermarket parts distribution and maintenance, repair, and overhaul services for air transportation assets for commercial and government markets. It offers its services to global client base of commercial airlines, regional airlines, air cargo transporters, MRO integrators and providers, aviation manufacturers, corporate and private aircraft owners, and fixed-base operators. The company was incorporated in 1959 and is headquartered in Miramar, Florida.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$1.36B
Trailing 12 months (through 6/30/2026)
Net Income
$75M
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$6M
Total Equity
$1.44B
Total Liabilities
$590M
Current Ratio
3.77
Interest Coverage
4.36
Debt/EBITDA
7.92
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$123.05
Current Price
$164.70
Margin of Safety
-33.8%
Fair Value Range
$79.98 - $166.12
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
59.24
ROE
0.8%
P/B Ratio
1.58
P/FCF
809.65
Gross Margin
-
ROIC
2.4%
Profitability Radar
Value Creation (Economic Moat)
ROIC
2.4%
WACC
9.7%
ROIC − WACC
-7.3 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (12)
- Price CAGR 16.48%
- P/B Ratio 1.58
- Debt/Equity ratio
- Operating Margin 9.2%
- Current Ratio
- Interest Coverage
- Return on Tangible Assets
- Revenue Growth 5Y 10.9%
- Analyst Consensus 88% Buy
- Earnings Surprise avg 38.9%
- Net Margin Trend 5.5% vs 2.0%
- Piotroski F-Score 6/9
Failed (12)
- EPS shows upward trend
- EPS CAGR -12.51%
- ROIC 2.4%
- P/FCF 809.65
- Positive Free Cash Flow
- Debt/EBITDA
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- ROE 3.7%
- Earnings Quality (OCF/NI) 0.36
- Share Dilution 18.0%
Unavailable (4)
- Gross Margin NaN%
- Dividend Payout NaN%
- CapEx intensity
- PEG Ratio (need PE > 0 and growth > 0)
Piotroski F-Score
Mixed signals: some areas need attention
Earnings Quality
Low quality: investigate accounting
Share Dilution
Issuing new shares, diluting ownership
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. John A. Cuomo J.D. | CEO, President & Director | 51 |
| Mr. Adam Robert Cohn | Chief Financial Officer | 38 |
| Mr. Benjamin E. Thomas | Chief Operating Officer | 41 |
| Ms. Krista Stafford | Chief Human Resources & Administrative Officer | - |
| Noel Ryan | Head of Investor Relations | - |
| Ms. Tobi B. Lebowitz | Chief Legal Officer & Corporate Secretary | 44 |
| Mr. Michael Perlman | Vice President of Investor Relations & Communications | - |
| Mr. Garry Snow | Chief Growth Officer | - |
| Michael Prkic | Director of Operations - VSE Aviation | - |
| Pedro Gonzalez | VP & GM of Distribution - VSE Aviation | - |
Audit Risk
3
Board Risk
1
Compensation Risk
1
Shareholder Rights Risk
2
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-27
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-08-06
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-08-06
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for VSEC, sourced from Markets Gazette.