(VSCO) Victoria's Secret - Overview
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NYSE (USA) | Market Cap: 3.650m USD | Total Return: 127.3% in 12m
Lingerie, Intimate Apparel, Sleepwear, Fragrances, Body Care
Total Rating 57
Safety 59
Buy Signal 0.49
Apparel Retail
Industry Rotation: -9.3
Industry Rotation: -9.3
Market Cap:
3.65B
Avg Turnover: 93.6M
Avg Turnover: 93.6M
Risk 3d forecast
Volatility61.6%
VaR 5th Pctl10.5%
VaR vs Median3.81%
Reward TTM
Sharpe Ratio1.61
Rel. Str. IBD88.8
Rel. Str. Peer Group93.2
Character TTM
Beta2.402
Beta Downside1.896
Hurst Exponent0.549
Drawdowns 3y
Max DD69.47%
CAGR/Max DD0.47
CAGR/Mean DD1.21
EPS (Earnings per Share)
EPS CAGR: -3.65%
EPS Trend: -17.2%
EPS Trend: -17.2%
Last SUE: 1.96
Qual. Beats: 3
Qual. Beats: 3
Revenue
Rev. CAGR: 1.49%
Rev. Trend: 67.8%
Rev. Trend: 67.8%
Last SUE: 1.36
Qual. Beats: 6
Qual. Beats: 6
Warnings
High Debt/EBITDA (5.1) with thin interest coverage (0.7)
Interest Coverage Ratio 0.7 is critical
Altman Z'' 1.02 < 1.0 - financial distress zone
Tailwinds
Leader, Tailwind
Description: VSCO Victoria's Secret
Victorias Secret & Co. (VSCO) is a specialty retailer focused on womens intimate apparel, beauty products, and casual wear. The company operates an omni-channel model, distributing products through its physical retail footprint and digital platforms including VictoriasSecret.com and PINK.com. Its brand portfolio includes Victoria’s Secret, PINK, and the digitally-native lingerie brand Adore Me.
As a player in the Apparel Retail sub-industry, the company faces high cyclicality and intense competition from direct-to-consumer startups. The business model relies heavily on brand equity and seasonal product cycles to drive consumer traffic. To better understand the companys competitive positioning, consider reviewing the detailed valuation metrics available on ValueRay.
The company maintains a global presence through a mix of company-owned stores and third-party arrangements, including franchises and wholesale partnerships. Headquartered in Ohio, VSCO serves as an independent entity following its 2021 spin-off from its former parent company.
- Market share erosion in intimate apparel impacts long-term revenue growth
- Success of brand repositioning efforts determines customer acquisition and retention
- Digital channel integration and Adore Me synergy drive margin expansion
- Consumer discretionary spending fluctuations influence demand for premium beauty products
- International franchise and wholesale expansion diversifies global revenue streams
Piotroski VR‑10 (Strict)
3.0
| Net Income: 160.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA 0.77 > 1.0 |
| NWC/Revenue: 5.74% < 20% (prev 1.06%; Δ 4.68% < -1%) |
| CFO/TA 0.10 > 3% & CFO 499.0m > Net Income 160.9m |
| Net Debt (2.33b) to EBITDA (460.1m): 5.06 < 3 |
| Current Ratio: 1.25 > 1.5 & < 3 |
| Outstanding Shares: last quarter (85.8m) vs 12m ago 3.25% < -2% |
| Gross Margin: 36.38% > 18% (prev 0.37%; Δ 3.60k% > 0.5%) |
| Asset Turnover: 137.3% > 50% (prev 137.4%; Δ -0.12% > 0%) |
| Interest Coverage Ratio: 0.66 > 6 (EBITDA TTM 460.1m / Interest Expense TTM 69.7m) |
Altman Z''
1.02
| A: 0.08 (Total Current Assets 1.88b - Total Current Liabilities 1.51b) / Total Assets 5.01b |
| B: 0.10 (Retained Earnings 504.0m / Total Assets 5.01b) |
| C: 0.01 (EBIT TTM 46.1m / Avg Total Assets 4.77b) |
| D: 0.12 (Book Value of Equity 511.0m / Total Liabilities 4.10b) |
| Altman-Z'' = 1.02 = BB |
Beneish M
-3.06
| DSRI: 1.11 (Receivables 186.0m/159.0m, Revenue 6.55b/6.23b) |
| GMI: 1.01 (GM 36.38% / 36.65%) |
| AQI: 0.83 (AQ_t 0.15 / AQ_t-1 0.18) |
| SGI: 1.05 (Revenue 6.55b / 6.23b) |
| TATA: -0.07 (NI 160.9m - CFO 499.0m) / TA 5.01b) |
| Beneish M = -3.06 (Cap -4..+1) = AA |
What is the price of VSCO shares?
As of May 22, 2026, the stock is trading at USD 50.55 with a total of 2,197,760 shares traded.
Over the past week, the price has changed by +8.06%, over one month by -7.96%, over three months by -16.95% and over the past year by +127.29%.
Over the past week, the price has changed by +8.06%, over one month by -7.96%, over three months by -16.95% and over the past year by +127.29%.
Is VSCO a buy, sell or hold?
Victoria's Secret has received a consensus analysts rating of 3.00.
Therefor, it is recommend to hold VSCO.
- StrongBuy: 1
- Buy: 2
- Hold: 5
- Sell: 2
- StrongSell: 1
What are the forecasts/targets for the VSCO price?
| Analysts Target Price | 65.8 | 30.1% |
Victoria's Secret (VSCO) - Fundamental Data Overview
as of 18 May 2026
P/E Trailing = 23.8135 P/E Forward = 17.0068
P/S = 0.5571
P/B = 4.4575
Revenue TTM = 6.55b USD
EBIT TTM = 46.1m USD
EBITDA TTM = 460.1m USD
Long Term Debt = 971.0m USD (from longTermDebt, last quarter)
Short Term Debt = 299.0m USD (from shortTermDebt, last quarter)
Debt = 2.85b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.33b USD (from netDebt column, last quarter)
Enterprise Value = 5.98b USD (3.65b + Debt 2.85b - CCE 518.0m)
Interest Coverage Ratio = 0.66 (Ebit TTM 46.1m / Interest Expense TTM 69.7m)
EV/FCF = 19.16x (Enterprise Value 5.98b / FCF TTM 312.0m)
FCF Yield = 5.22% (FCF TTM 312.0m / Enterprise Value 5.98b)
FCF Margin = 4.76% (FCF TTM 312.0m / Revenue TTM 6.55b)
Net Margin = 2.45% (Net Income TTM 160.9m / Revenue TTM 6.55b)
Gross Margin = 36.38% ((Revenue TTM 6.55b - Cost of Revenue TTM 4.17b) / Revenue TTM)
Gross Margin QoQ = 37.67% (prev 36.41%)
Tobins Q-Ratio = 1.19 (Enterprise Value 5.98b / Total Assets 5.01b)
Interest Expense / Debt = 0.59% (Interest Expense 16.8m / Debt 2.85b)
Taxrate = 7.42% (16.0m / 215.4m)
NOPAT = 42.7m (EBIT 46.1m * (1 - 7.42%))
Current Ratio = 1.25 (Total Current Assets 1.88b / Total Current Liabilities 1.51b)
Debt / Equity = 3.32 (Debt 2.85b / totalStockholderEquity, last quarter 856.0m)
Debt / EBITDA = 5.06 (Net Debt 2.33b / EBITDA 460.1m)
Debt / FCF = 7.46 (Net Debt 2.33b / FCF TTM 312.0m)
Total Stockholder Equity = 708.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.37% (Net Income 160.9m / Total Assets 5.01b)
RoE = 22.70% (Net Income TTM 160.9m / Total Stockholder Equity 708.5m)
RoCE = 2.74% (EBIT 46.1m / Capital Employed (Equity 708.5m + L.T.Debt 971.0m))
RoIC = 2.34% (NOPAT 42.7m / Invested Capital 1.82b)
WACC = 8.35% (E(3.65b)/V(6.50b) * Re(14.43%) + D(2.85b)/V(6.50b) * Rd(0.59%) * (1-Tc(0.07)))
Discount Rate = 14.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.42 | Cagr: 4.95%
[DCF] Terminal Value 78.04% ; FCFF base≈286.0m ; Y1≈302.9m ; Y5≈360.3m
[DCF] Fair Price = 45.67 (EV 5.96b - Net Debt 2.33b = Equity 3.63b / Shares 79.4m; r=8.35% [WACC]; 5y FCF grow 6.48% → 3.0% )
EPS Correlation: -17.16 | EPS CAGR: -3.65% | SUE: 1.96 | # QB: 3
Revenue Correlation: 67.78 | Revenue CAGR: 1.49% | SUE: 1.36 | # QB: 6
EPS current Quarter (2026-07-31): EPS=0.41 | Chg30d=+0.22% | Revisions=+14% | Analysts=9
EPS current Year (2027-01-31): EPS=3.48 | Chg30d=+0.32% | Revisions=+43% | GrowthEPS=+15.9% | GrowthRev=+6.3%
EPS next Year (2028-01-31): EPS=4.17 | Chg30d=+2.61% | Revisions=+14% | GrowthEPS=+19.8% | GrowthRev=+4.2%
[Analyst] Revisions Ratio: +43%