(VSXY) VSXY - NYSE
Sector: Consumer Cyclical | Industry: Apparel Retail | Exchange: NYSE (USA) | Market Cap: 6.311m USD | Total Return: 54.7% in 12m
Avg Turnover: 174M
EPS Trend: 5.4%
Qual. Beats: -1
Rev. Trend: 92.1%
Warnings
No concerns identified
Tailwinds
Rs Leader, Idiosyncratic Leader, Confidence
Victorias Secret & Co. (VSXY) is a specialty retailer focused on womens intimate apparel, beauty products, and lifestyle accessories. The company operates an omni-channel model, distributing products through a global network of physical stores, franchised locations, and digital platforms including VictoriasSecret.com and PINK.com. Its brand portfolio includes Victoria’s Secret, PINK, and the digitally native brand Adore Me.
The company operates within the consumer cyclical sector, where financial performance is closely tied to discretionary spending trends and seasonal shopping cycles. In the apparel retail industry, inventory management and brand positioning are critical drivers of margin stability. Investors can analyze ValueRay for deeper insights into these industry metrics. Following its 2021 spin-off from L Brands, the firm has focused on transitioning its brand image to reach a broader customer demographic.
- North American store traffic and comparable sales growth trends
- International expansion through franchise and wholesale partnerships
- Operating margin improvement via supply chain and overhead cost reductions
- Market share stabilization against digital-native intimate apparel competitors
| Net Income: 210.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA 1.19 > 1.0 |
| NWC/Revenue: 5.03% < 20% (prev 3.19%; Δ 1.84% < -1%) |
| CFO/TA 0.11 > 3% & CFO 512.0m > Net Income 210.7m |
| Net Debt (4.50b) to EBITDA (563.1m): 7.99 < 3 |
| Current Ratio: 1.26 > 1.5 & < 3 |
| Outstanding Shares: last quarter (84.8m) vs 12m ago 2.48% < -2% |
| Gross Margin: 36.94% > 18% (prev 36.66%; Δ 0.28% > 0.5%) |
| Asset Turnover: 144.6% > 50% (prev 136.0%; Δ 8.56% > 0%) |
| Interest Coverage Ratio: 4.90 > 6 (EBIT TTM 333.1m / Interest Expense TTM 67.9m) |
| 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 333.1m / Avg Total Assets 4.67b) |
| D: 0.20 (Book Value of Equity 790.0m / Total Liabilities 3.92b) |
| Altman-Z'' = 1.47 = BB |
| DSRI: 1.11 (Receivables 185.0m/153.0m, Revenue 6.76b/6.23b) |
| GMI: 0.99 (GM 36.66% / 36.94%) |
| AQI: 0.88 (AQ_t 0.16 / AQ_t-1 0.18) |
| SGI: 1.09 (Revenue 6.76b / 6.23b) |
| TATA: -0.06 (NI 210.7m - CFO 512.0m) / TA 4.77b) |
| Beneish M = -2.96 (Cap -4..+1) = A |
As of June 17, 2026, the stock is trading at USD 78.71 with a total of 1,092,455 shares traded.
Over the past week, the price has changed by +5.00%,
over one month by +75.57%,
over three months by +54.70% and
over the past year by +54.70%.
VSXY has received a consensus analysts rating of 3.80. Therefore, it is recommended to hold VSXY.
- StrongBuy: 3
- Buy: 2
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 88.1 | 11.9% |
P/E Trailing = 31.6315
P/E Forward = 17.0068
P/S = 0.9336
P/B = 7.9914
Revenue TTM = 6.76b USD
EBIT TTM = 333.1m USD
EBITDA TTM = 563.1m USD
Long Term Debt = 986.0m USD (from longTermDebt, last quarter)
Short Term Debt = 4.00m USD (from shortLongTermDebt, last quarter)
Debt = 4.71b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 1.86b
Net Debt = 4.50b USD (calculated: Debt 4.71b - CCE 207.0m)
Enterprise Value = 10.8b USD (6.31b + Debt 4.71b - CCE 207.0m)
Interest Coverage Ratio = 4.90 (Ebit TTM 333.1m / Interest Expense TTM 67.9m)
EV/FCF = 34.43x (Enterprise Value 10.8b / FCF TTM 314.0m)
FCF Yield = 2.90% (FCF TTM 314.0m / Enterprise Value 10.8b)
FCF Margin = 4.65% (FCF TTM 314.0m / Revenue TTM 6.76b)
Net Margin = 3.12% (Net Income TTM 210.7m / Revenue TTM 6.76b)
Gross Margin = 36.94% ((Revenue TTM 6.76b - Cost of Revenue TTM 4.26b) / Revenue TTM)
Gross Margin QoQ = 37.63% (prev 37.68%)
Tobins Q-Ratio = 2.27 (Enterprise Value 10.8b / Total Assets 4.77b)
Interest Expense / Debt = 1.44% (Interest Expense 67.9m / Debt 4.71b)
Taxrate = 8.46% (22.5m / 266.5m)
NOPAT = 304.9m (EBIT 333.1m * (1 - 8.46%))
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 = 7.99 (Net Debt 4.50b / EBITDA 563.1m)
Debt / FCF = 14.33 (Net Debt 4.50b / FCF TTM 314.0m)
Total Stockholder Equity = 744.8m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.51% (Net Income 210.7m / Total Assets 4.77b)
RoE = 28.29% (Net Income TTM 210.7m / Total Stockholder Equity 744.8m)
RoCE = 19.25% (EBIT 333.1m / Capital Employed (Equity 744.8m + L.T.Debt 986.0m))
RoIC = 8.53% (NOPAT 304.9m / Invested Capital 3.58b)
WACC = 0.56% (E(6.31b)/V(11.0b) * Re(0.0%) + D(4.71b)/V(11.0b) * Rd(1.44%) * (1-Tc(0.08)))
Discount Rate = 5.29% (= Risk Free + ERP)
Shares (quarterly) Correlation: 6.67 | Cagr: 1.63%
[DCF] Terminal Value 77.97% ; FCFF base≈287.2m ; Y1≈329.2m ; Y5≈484.5m
[DCF] Fair Price = 35.12 (EV 7.29b - Net Debt 4.50b = Equity 2.79b / Shares 79.5m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 5.41 | EPS CAGR: 7.77% | SUE: -3.92 | # QB: -1
Revenue Correlation: 92.06 | Revenue CAGR: 2.96% | SUE: N/A | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.76 | Chg30d=+83.18% | Revisions=+67% | Analysts=10
EPS next Quarter (2026-10-31): EPS=0.05 | Chg30d=+144.15% | Revisions=+50% | Analysts=10
EPS current Year (2027-01-31): EPS=4.68 | Chg30d=+34.35% | Revisions=+54% | GrowthEPS=+55.9% | GrowthRev=+8.8%
EPS next Year (2028-01-31): EPS=5.41 | Chg30d=+29.98% | Revisions=+67% | GrowthEPS=+15.8% | GrowthRev=+4.3%
[Analyst] Revisions Ratio: +67%