VSCO Stock Analysis: Victoria's Secret | NYSE
Apparel Retail | NYSE, USA | Market Cap: 4.313m USD | 12M Return: 333.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 184M
EPS Trend: 37.2%
Qual. Beats: 0
Rev. Trend: 82.8%
Qual. Beats: 7
Warnings
No concerns identified
Tailwinds
Seasonality 4.9 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.
Victorias Secret & Co. (NYSE: VSCO) is a U.S.-based specialty retailer focused on womens intimate apparel, other apparel, and beauty products, operating worldwide under the Victorias Secret, PINK, and Adore Me brands. Its product range spans bras, panties, lingerie, sleepwear, loungewear, sport, and swim categories, alongside prestige fragrances, body care, and accessories. The company distributes through a multi-channel model that combines company-operated retail stores with e-commerce sites (including VictoriasSecret.com, PINK.com, AdoreMe.com, and DailyLook.com) and other digital channels, supplemented by franchise, license, and wholesale arrangements. Incorporated in 2021 and headquartered in Reynoldsburg, Ohio, VSCO is classified within the Consumer Discretionary sectors Apparel Retail sub-industry, a segment characterized by category-focused merchandising and an increasingly omnichannel mix of physical and online sales.
- Adore Me acquisition accelerates digital sales growth
- Asian import tariffs pressure merchandise margin outlook
- PINK brand relaunch drives comparable store sales recovery
| Net Income: 210.6m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 2.02 > 1.0 |
| NWC/Revenue: 5.03% < 20% (prev 3.20%; Δ 1.83% < -1%) |
| CFO/TA 0.11 > 3% & CFO 512.0m > Net Income 210.6m |
| Net Debt (4.50b) to EBITDA (564.7m): 7.98 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (84.8m) vs 12m ago 7.41% < -2% |
| Gross Margin: 36.93% > 18% (prev 36.25%; Δ 0.68% > 0.5%) |
| Asset Turnover: 144.6% > 50% (prev 135.9%; Δ 8.73% > 0%) |
| Interest Coverage Ratio: 4.96 > 6 (EBIT TTM 334.7m / Interest Expense TTM 67.5m) |
| A: 0.07 (Total Current Assets 1.63b - Total Current Liabilities 1.29b) / Total Assets 4.77b |
| B: 0.10 (Retained Earnings 461.0m / Total Assets 4.77b) |
| C: 0.07 (EBIT TTM 334.7m / Avg Total Assets 4.67b) |
| D: 0.20 (Book Value of Equity 790.0m / Total Liabilities 3.92b) |
| Altman-Z'' = 1.48 = BB |
| DSRI: 1.11 (Receivables 185.0m/153.0m, Revenue 6.76b/6.22b) |
| GMI: 0.98 (GM 36.25% / 36.93%) |
| AQI: 0.88 (AQ_t 0.16 / AQ_t-1 0.18) |
| SGI: 1.09 (Revenue 6.76b / 6.22b) |
| TATA: -0.06 (NI 210.6m - CFO 512.0m) / TA 4.77b) |
| Beneish M = -2.97 (Cap -4..+1) = A |
As of July 03, 2026, the stock is trading at USD 88.50 with a total of 5,730,935 shares traded. Over the past week, the price has changed by +7.95%, over one month by +10.54%, over three months by +92.39% and over the past year by +333.82%.
Current recommended Stop Loss: 76.80 (which is 13.2% or 2.7 ATR below the current price).
Victoria's Secret has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold VSCO.
- StrongBuy: 1
- Buy: 2
- Hold: 5
- Sell: 2
- StrongSell: 1
| Analysts Target Price | 65.8 | -25.7% |
P/E Trailing = 28.1347
P/E Forward = 17.0068
P/S = 0.638
P/B = 8.6988
Revenue TTM = 6.76b USD
EBIT TTM = 334.7m USD
EBITDA TTM = 564.7m USD
Long Term Debt = 986.0m USD (from longTermDebt, last quarter)
Short Term Debt = 268.0m USD (from shortTermDebt, last quarter)
Debt = 4.71b USD (from shortLongTermDebtTotal, last quarter) + Leases 1.86b
Net Debt = 4.50b USD (calculated: Debt 4.71b - CCE 207.0m)
Enterprise Value = 8.82b USD (4.31b + Debt 4.71b - CCE 207.0m)
Interest Coverage Ratio = 4.96 (Ebit TTM 334.7m / Interest Expense TTM 67.5m)
EV/FCF = 28.08x (Enterprise Value 8.82b / FCF TTM 314.0m)
FCF Yield = 3.56% (FCF TTM 314.0m / Enterprise Value 8.82b)
FCF Margin = 4.64% (FCF TTM 314.0m / Revenue TTM 6.76b)
Net Margin = 3.11% (Net Income TTM 210.6m / Revenue TTM 6.76b)
Gross Margin = 36.93% ((Revenue TTM 6.76b - Cost of Revenue TTM 4.26b) / Revenue TTM)
Gross Margin QoQ = 37.63% (prev 37.67%)
Tobins Q-Ratio = 1.85 (Enterprise Value 8.82b / Total Assets 4.77b)
Interest Expense / Debt = 1.43% (Interest Expense 67.5m / Debt 4.71b)
Taxrate = 8.82% (23.5m / 266.9m)
NOPAT = 305.2m (EBIT 334.7m * (1 - 8.82%))
Current Ratio = 1.26 (Total Current Assets 1.63b / Total Current Liabilities 1.29b)
Debt / Equity = 5.96 (Debt 4.71b / totalStockholderEquity, last quarter 790.0m)
Debt / EBITDA = 7.98 (Net Debt 4.50b / EBITDA 564.7m)
Debt / FCF = 14.35 (Net Debt 4.50b / FCF TTM 314.0m)
Total Stockholder Equity = 744.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.50% (Net Income 210.6m / Total Assets 4.77b)
RoE = 28.27% (Net Income TTM 210.6m / Total Stockholder Equity 744.8m)
RoCE = 19.34% (EBIT 334.7m / Capital Employed (Equity 744.8m + L.T.Debt 986.0m))
RoIC = 8.61% (NOPAT 305.2m / Invested Capital 3.54b)
WACC = 7.69% (E(4.31b)/V(9.02b) * Re(14.66%) + D(4.71b)/V(9.02b) * Rd(1.43%) * (1-Tc(0.09)))
Discount Rate = 14.66% (= CAPM, Blume Beta Adj.) -> capped to 13.17%
Shares (quarterly) Correlation: 62.93 | Cagr: 3.28%
[DCF] Terminal Value 77.97% ; FCFF base≈272.0m ; Y1≈311.8m ; Y5≈458.9m
[DCF] Fair Price = 30.22 (EV 6.91b - Net Debt 4.50b = Equity 2.40b / Shares 79.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 37.24 | EPS CAGR: 5.83% | SUE: -0.32 | # QB: 0
Revenue Correlation: 82.84 | Revenue CAGR: 2.84% | SUE: 1.74 | # QB: 7
EPS current Quarter (2026-07-31): EPS=0.41 | Chg30d=-0.27% | Revisions=-14% | Analysts=9
EPS current Year (2027-01-31): EPS=3.48 | Chg30d=+0.33% | Revisions=+50% | GrowthEPS=+16.1% | GrowthRev=+6.3%
EPS next Year (2028-01-31): EPS=4.17 | Chg30d=+1.63% | Revisions=+33% | GrowthEPS=+19.6% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +50%