VSTS Stock Analysis: Vestis | NYSE
Rental & Leasing Services | NYSE, USA | Market Cap: 1.657m USD | 12M Return: 194% | US29430C1027 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 16.3M
Qual. Beats: 0
Rev. Trend: -93.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 2.8 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: -5.30m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -4.04 > 1.0 |
| NWC/Revenue: 16.60% < 20% (prev 13.84%; Δ 2.76% < -1%) |
| CFO/TA 0.07 > 3% & CFO 191.8m > Net Income -5.30m |
| Net Debt (1.54b) to EBITDA (222.6m): 6.93 < 3 |
| Current Ratio: 2.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (134.3m) vs 12m ago 1.91% < -2% |
| Gross Margin: 25.02% > 18% (prev 27.44%; Δ -2.43% > 0.5%) |
| Asset Turnover: 93.98% > 50% (prev 93.09%; Δ 0.89% > 0%) |
| Interest Coverage Ratio: 0.97 > 6 (EBIT TTM 85.1m / Interest Expense TTM 87.7m) |
| A: 0.16 (Total Current Assets 831.6m - Total Current Liabilities 384.0m) / Total Assets 2.83b |
| B: -0.01 (Retained Earnings -39.6m / Total Assets 2.83b) |
| C: 0.03 (EBIT TTM 85.1m / Avg Total Assets 2.87b) |
| D: 0.45 (Book Value of Equity 877.7m / Total Liabilities 1.95b) |
| Altman-Z'' = 1.66 = BB |
| DSRI: 0.82 (Receivables 143.0m/175.8m, Revenue 2.70b/2.71b) |
| GMI: 1.10 (GM 27.44% / 25.02%) |
| AQI: 0.97 (AQ_t 0.45 / AQ_t-1 0.46) |
| SGI: 1.00 (Revenue 2.70b / 2.71b) |
| TATA: -0.07 (NI -5.30m - CFO 191.8m) / TA 2.83b) |
| Beneish M = -3.12 (Cap -4..+1) = AA |
As of September 05, 2026, the stock is trading at USD 13.26 with a total of 1,269,382 shares traded. Over the past week, the price has changed by +6.25%, over one month by -6.42%, over three months by +0.15% and over the past year by +194.01%.
Current recommended Stop Loss: 12.00 (which is 9.5% or 2.6 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 | 13 | -2% |
P/S = 0.6146
P/B = 1.8265
Revenue TTM = 2.70b USD
EBIT TTM = 85.1m USD
EBITDA TTM = 222.6m USD
Long Term Debt = 1.16b USD (from longTermDebt, last fiscal year)
Short Term Debt = 56.3m USD (from shortTermDebt, last quarter)
Debt = 1.60b USD (from shortLongTermDebtTotal, last quarter) + Leases 262.1m
Net Debt = 1.54b USD (calculated: Debt 1.60b - CCE 57.7m)
Enterprise Value = 3.20b USD (1.66b + Debt 1.60b - CCE 57.7m)
Interest Coverage Ratio = 0.97 (Ebit TTM 85.1m / Interest Expense TTM 87.7m)
EV/FCF = 23.46x (Enterprise Value 3.20b / FCF TTM 136.4m)
FCF Yield = 4.26% (FCF TTM 136.4m / Enterprise Value 3.20b)
FCF Margin = 5.06% (FCF TTM 136.4m / Revenue TTM 2.70b)
Net Margin = -0.20% (Net Income TTM -5.30m / Revenue TTM 2.70b)
Gross Margin = 25.02% ((Revenue TTM 2.70b - Cost of Revenue TTM 2.02b) / Revenue TTM)
Gross Margin QoQ = 28.02% (prev 21.10%)
Tobins Q-Ratio = 1.13 (Enterprise Value 3.20b / Total Assets 2.83b)
Interest Expense / Debt = 5.48% (Interest Expense 87.7m / Debt 1.60b)
Taxrate = 22.99% (3.30m / 14.3m)
NOPAT = 65.5m (EBIT 85.1m * (1 - 22.99%))
Current Ratio = 2.17 (Total Current Assets 831.6m / Total Current Liabilities 384.0m)
Debt / Equity = 1.82 (Debt 1.60b / totalStockholderEquity, last quarter 877.7m)
Debt / EBITDA = 6.93 (Net Debt 1.54b / EBITDA 222.6m)
Debt / FCF = 11.31 (Net Debt 1.54b / FCF TTM 136.4m)
Total Stockholder Equity = 868.7m (last 4 quarters mean from totalStockholderEquity)
RoA = -0.18% (Net Income -5.30m / Total Assets 2.83b)
RoE = -0.61% (Net Income TTM -5.30m / Total Stockholder Equity 868.7m)
RoCE = 4.21% (EBIT 85.1m / Capital Employed (Equity 868.7m + L.T.Debt 1.16b))
RoIC = 2.68% (NOPAT 65.5m / Invested Capital 2.45b)
WACC = 7.67% (E(1.66b)/V(3.26b) * Re(11.01%) + D(1.60b)/V(3.26b) * Rd(5.48%) * (1-Tc(0.23)))
Discount Rate = 11.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 67.91 | Cagr: 0.82%
[DCF] Terminal Value 73.10% ; FCFF base≈184.9m ; Y1≈162.2m ; Y5≈131.0m
[DCF] Fair Price = 4.23 (EV 2.10b - Net Debt 1.54b = Equity 559.7m / Shares 132.2m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.47 | # QB: 0
Revenue Correlation: -93.16 | Revenue CAGR: -2.20% | SUE: -0.30 | # QB: 0
EPS current Quarter (2026-12-31): EPS=0.14 | Chg30d=+0.00% | Revisions=+57% | Analysts=5
EPS current Year (2026-09-30): EPS=0.61 | Chg30d=+26.28% | Revisions=+67% | GrowthEPS=+145.0% | GrowthRev=-3.1%
EPS next Year (2027-09-30): EPS=0.78 | Chg30d=+16.43% | Revisions=+67% | GrowthEPS=+26.9% | GrowthRev=+1.8%
[Analyst] Revisions Ratio: +84% (up=16, down=0)