VSTS Stock Analysis: Vestis | NYSE
Rental & Leasing Services | NYSE, USA | Market Cap: 1.947m USD | 12M Return: 169.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 19.8M
Qual. Beats: 0
Rev. Trend: -85.0%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 2.7 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.
Vestis Corporation (NYSE: VSTS) is a B2B provider of uniform rentals and workplace supplies, operating across the United States and Canada. Its offerings span a broad uniform catalog - including shirts, pants, outerwear, scrubs, high-visibility, particulate-free, and flame-resistant garments - as well as shoes, accessories, and workplace essentials such as restroom supplies, first-aid products, floor mats, towels, and linens. The company serves a diverse customer base across manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries.
Founded in 1936 and headquartered in Roswell, Georgia, Vestis operates under a recurring-rental service model in which customers are billed on a subscription-like basis for garment use, laundering, and replacement - generating contracted, route-based revenue. Vestis began trading on the NYSE on October 5, 2023, following its spin-off from Aramark, and is classified within the Industrials sector as a Trading Company & Distributor.
- Route density and pricing power drive uniform rental organic revenue growth
- Laundry wage and energy inflation pressures adjusted EBITDA margins
- Acquisitions accelerate scale across fragmented uniform rental market
| Net Income: -17.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -6.18 > 1.0 |
| NWC/Revenue: 16.68% < 20% (prev 13.91%; Δ 2.77% < -1%) |
| CFO/TA 0.05 > 3% & CFO 149.7m > Net Income -17.0m |
| Net Debt (1.59b) to EBITDA (211.5m): 7.51 < 3 |
| Current Ratio: 2.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (133.1m) vs 12m ago 0.99% < -2% |
| Gross Margin: 24.78% > 18% (prev 27.94%; Δ -3.16% > 0.5%) |
| Asset Turnover: 93.85% > 50% (prev 94.22%; Δ -0.37% > 0%) |
| Interest Coverage Ratio: 0.80 > 6 (EBIT TTM 72.4m / Interest Expense TTM 90.1m) |
| A: 0.16 (Total Current Assets 850.7m - Total Current Liabilities 398.8m) / Total Assets 2.87b |
| B: -0.02 (Retained Earnings -50.7m / Total Assets 2.87b) |
| C: 0.03 (EBIT TTM 72.4m / Avg Total Assets 2.89b) |
| D: 0.43 (Book Value of Equity 867.2m / Total Liabilities 2.01b) |
| Altman-Z'' = 1.60 = BB |
| DSRI: 0.93 (Receivables 149.5m/162.4m, Revenue 2.71b/2.73b) |
| GMI: 1.13 (GM 27.94% / 24.78%) |
| AQI: 0.96 (AQ_t 0.45 / AQ_t-1 0.47) |
| SGI: 0.99 (Revenue 2.71b / 2.73b) |
| TATA: -0.06 (NI -17.0m - CFO 149.7m) / TA 2.87b) |
| Beneish M = -3.00 (Cap -4..+1) = AA |
As of July 21, 2026, the stock is trading at USD 16.14 with a total of 1,394,777 shares traded. Over the past week, the price has changed by +9.50%, over one month by +23.11%, over three months by +58.39% and over the past year by +169.90%.
Current recommended Stop Loss: 15.40 (which is 4.6% or 1.2 ATR below the current price).
Vestis has received a consensus analysts rating of 3.33. Therefore, it is recommended to hold VSTS.
- StrongBuy: 2
- Buy: 0
- Hold: 6
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10.4 | -35.6% |
P/S = 0.7189
P/B = 2.2134
Revenue TTM = 2.71b USD
EBIT TTM = 72.4m USD
EBITDA TTM = 211.5m USD
Long Term Debt = 1.12b USD (from longTermDebt, last quarter)
Short Term Debt = 50.8m USD (from shortTermDebt, last quarter)
Debt = 1.64b USD (from shortLongTermDebtTotal, last quarter) + Leases 262.1m
Net Debt = 1.59b USD (calculated: Debt 1.64b - CCE 50.3m)
Enterprise Value = 3.54b USD (1.95b + Debt 1.64b - CCE 50.3m)
Interest Coverage Ratio = 0.80 (Ebit TTM 72.4m / Interest Expense TTM 90.1m)
EV/FCF = 36.30x (Enterprise Value 3.54b / FCF TTM 97.4m)
FCF Yield = 2.76% (FCF TTM 97.4m / Enterprise Value 3.54b)
FCF Margin = 3.60% (FCF TTM 97.4m / Revenue TTM 2.71b)
Net Margin = -0.63% (Net Income TTM -17.0m / Revenue TTM 2.71b)
Gross Margin = 24.78% ((Revenue TTM 2.71b - Cost of Revenue TTM 2.04b) / Revenue TTM)
Gross Margin QoQ = 21.10% (prev 25.80%)
Tobins Q-Ratio = 1.23 (Enterprise Value 3.54b / Total Assets 2.87b)
Interest Expense / Debt = 5.49% (Interest Expense 90.1m / Debt 1.64b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 57.2m (EBIT 72.4m * (1 - 21.00%))
Current Ratio = 2.13 (Total Current Assets 850.7m / Total Current Liabilities 398.8m)
Debt / Equity = 1.89 (Debt 1.64b / totalStockholderEquity, last quarter 867.2m)
Debt / EBITDA = 7.51 (Net Debt 1.59b / EBITDA 211.5m)
Debt / FCF = 16.31 (Net Debt 1.59b / FCF TTM 97.4m)
Total Stockholder Equity = 869.9m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.59% (Net Income -17.0m / Total Assets 2.87b)
RoE = -1.96% (Net Income TTM -17.0m / Total Stockholder Equity 869.9m)
RoCE = 3.65% (EBIT 72.4m / Capital Employed (Equity 869.9m + L.T.Debt 1.12b))
RoIC = 2.31% (NOPAT 57.2m / Invested Capital 2.47b)
WACC = 7.89% (E(1.95b)/V(3.59b) * Re(10.87%) + D(1.64b)/V(3.59b) * Rd(5.49%) * (1-Tc(0.21)))
Discount Rate = 10.87% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 55.00 | Cagr: 0.44%
[DCF] Terminal Value 73.10% ; FCFF base≈169.4m ; Y1≈148.6m ; Y5≈120.0m
[DCF] Fair Price = 2.55 (EV 1.93b - Net Debt 1.59b = Equity 337.2m / Shares 132.1m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.60 | # QB: 0
Revenue Correlation: -85.02 | Revenue CAGR: -1.87% | SUE: 0.22 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.10 | Chg30d=+0.00% | Revisions=-22% | Analysts=6
EPS current Year (2026-09-30): EPS=0.49 | Chg30d=+0.00% | Revisions=+67% | GrowthEPS=+94.0% | GrowthRev=-2.7%
EPS next Year (2027-09-30): EPS=0.67 | Chg30d=+0.44% | Revisions=+67% | GrowthEPS=+37.6% | GrowthRev=+1.7%
[Analyst] Revisions Ratio: +48% (up=14, down=4)