VICR Stock Analysis: Vicor | NASDAQ
Electronic Components | NASDAQ, USA | Market Cap: 8.209m USD | 12M Return: 314.5% | US9258151029 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 127M
EPS Trend: 73.9%
Qual. Beats: 1
Rev. Trend: 63.2%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Vicor Corporation designs, manufactures, and markets modular power components and power systems that convert electrical power for use in electrically powered devices. Its product line includes brick-format DC-DC converters, complementary AC-line rectification and filtering components, input and output voltage and power products, and custom power system solutions. The company sells to independent manufacturers, OEMs, ODMs, and contract manufacturers across aerospace and aviation, defense electronics, satellites, factory automation, instrumentation, test equipment, transportation, telecommunications and networking, and vehicle markets, with operations in the United States, Europe, and the Asia Pacific region. Vicor was incorporated in 1981 and is headquartered in Andover, Massachusetts.
Within the Electrical Components & Equipment sub-industry, Vicor operates in the niche of high-efficiency, modular power conversion, where standardized brick-format DC-DC converters (full, half, and quarter brick) are widely used in distributed power architectures for electronic systems. The companys exposure to defense, aerospace, and telecom infrastructure end markets typically ties its revenue cycles to longer product design-in timelines and government defense spending.
- AI data center power demand drives high-density converter orders
- Defense and aerospace contract awards boost premium-margin segment
- Automotive 48V power architecture adoption expands addressable market
| Net Income: 145.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -8.27 > 1.0 |
| NWC/Revenue: 130.7% < 20% (prev 103.9%; Δ 26.84% < -1%) |
| CFO/TA 0.09 > 3% & CFO 84.4m > Net Income 145.3m |
| Net Debt (-446.0m) to EBITDA (109.5m): -4.07 < 3 |
| Current Ratio: 13.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (47.7m) vs 12m ago 5.84% < -2% |
| Gross Margin: 56.63% > 18% (prev 54.81%; Δ 1.82% > 0.5%) |
| Asset Turnover: 59.71% > 50% (prev 61.19%; Δ -1.48% > 0%) |
| Interest Coverage Ratio: error (cannot be calculated; needs correct EBIT TTM and Interest Expense TTM) |
| A: 0.69 (Total Current Assets 670.3m - Total Current Liabilities 50.6m) / Total Assets 894.2m |
| B: 0.55 (Retained Earnings 491.8m / Total Assets 894.2m) |
| C: 0.11 (EBIT TTM 88.4m / Avg Total Assets 793.8m) |
| D: 14.01 (Book Value of Equity 834.3m / Total Liabilities 59.6m) |
| Altman-Z'' = 21.79 = AAA |
| DSRI: 1.28 (Receivables 78.9m/55.1m, Revenue 474.0m/424.3m) |
| GMI: 0.97 (GM 54.81% / 56.63%) |
| AQI: 1.94 (AQ_t 0.07 / AQ_t-1 0.04) |
| SGI: 1.12 (Revenue 474.0m / 424.3m) |
| TATA: 0.07 (NI 145.3m - CFO 84.4m) / TA 894.2m) |
| Beneish M = -2.17 (Cap -4..+1) = BB |
As of September 18, 2026, the stock is trading at USD 216.39 with a total of 1,673,059 shares traded. Over the past week, the price has changed by +21.53%, over one month by -14.64%, over three months by -33.45% and over the past year by +314.46%.
Current recommended Stop Loss: 190.60 (which is 11.9% or 1.7 ATR below the current price).
Vicor has received a consensus analysts rating of 3.25. Therefore, it is recommended to hold VICR.
- StrongBuy: 0
- Buy: 1
- Hold: 3
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 386.3 | 78.5% |
P/E Trailing = 58.7624
P/E Forward = 32.2581
P/S = 17.3189
P/B = 10.1612
Revenue TTM = 474.0m USD
EBIT TTM = 88.4m USD
EBITDA TTM = 109.5m USD
Long Term Debt = 5.84m USD (estimated: total debt 7.61m - short term 1.77m)
Short Term Debt = 1.77m USD (from shortTermDebt, last quarter)
Debt = 7.61m USD (from shortLongTermDebtTotal, last quarter) (leases 7.61m already included)
Net Debt = -446.0m USD (calculated: Debt 7.61m - CCE 453.6m)
Enterprise Value = 7.76b USD (8.21b + Debt 7.61m - CCE 453.6m)
Interest Coverage Ratio = unknown (Ebit TTM 88.4m / Interest Expense TTM 0.0)
EV/FCF = 151.4x (Enterprise Value 7.76b / FCF TTM 51.3m)
FCF Yield = 0.66% (FCF TTM 51.3m / Enterprise Value 7.76b)
FCF Margin = 10.82% (FCF TTM 51.3m / Revenue TTM 474.0m)
Net Margin = 30.65% (Net Income TTM 145.3m / Revenue TTM 474.0m)
Gross Margin = 56.63% ((Revenue TTM 474.0m - Cost of Revenue TTM 205.6m) / Revenue TTM)
Gross Margin QoQ = 57.98% (prev 55.21%)
Tobins Q-Ratio = 8.68 (Enterprise Value 7.76b / Total Assets 894.2m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / Debt 7.61m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 69.8m (EBIT 88.4m * (1 - 21.00%))
Current Ratio = 13.25 (Total Current Assets 670.3m / Total Current Liabilities 50.6m)
Debt / Equity = 0.01 (Debt 7.61m / totalStockholderEquity, last quarter 834.3m)
Debt / EBITDA = -4.07 (Net Debt -446.0m / EBITDA 109.5m)
Debt / FCF = -8.70 (Net Debt -446.0m / FCF TTM 51.3m)
Total Stockholder Equity = 732.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 18.30% (Net Income 145.3m / Total Assets 894.2m)
RoE = 19.83% (Net Income TTM 145.3m / Total Stockholder Equity 732.5m)
RoCE = 11.97% (EBIT 88.4m / Capital Employed (Equity 732.5m + L.T.Debt 5.84m))
RoIC = 8.50% (NOPAT 69.8m / Invested Capital 821.6m)
WACC = 15.05% (E(8.21b)/V(8.22b) * Re(15.06%) + D(7.61m)/V(8.22b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 15.06% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 84.84 | Cagr: 3.13%
[DCF] Terminal Value 52.42% ; FCFF base≈69.6m ; Y1≈61.0m ; Y5≈49.3m
[DCF] Fair Price = 24.06 (EV 381.3m - Net Debt -446.0m = Equity 827.3m / Shares 34.4m; r=15.05% [WACC]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 73.85 | EPS CAGR: 57.27% | SUE: 1.24 | # QB: 1
Revenue Correlation: 63.22 | Revenue CAGR: 7.57% | SUE: 0.20 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.81 | Chg30d=-2.42% | Revisions=+0% | Analysts=3
EPS current Year (2026-12-31): EPS=3.49 | Chg30d=+16.18% | Revisions=+40% | GrowthEPS=+16.6% | GrowthRev=+33.5%
EPS next Year (2027-12-31): EPS=5.55 | Chg30d=+0.06% | Revisions=+0% | GrowthEPS=+59.0% | GrowthRev=+55.6%
[Analyst] Revisions Ratio: +22% (up=4, down=2)