AI Spotlight on VIRC
Company Description
Virco Mfg.Corporation engages in the design, production, and distribution of furniture in the United States.It offers seating products, including 4-leg chairs, cantilever chairs, tablet armchairs with work surfaces and compact footprints, steel-frame and floor rockers, stools, series chairs, stack and folding chairs, hard plastic seating, upholstered stack and ergonomic chairs, and plastic stack chairs.
The company also provides folding, activity, office, computer, and mobile tables; and computer furniture, such as keyboard mouse trays, CPU holders, support columns, desks and workstations, specialty tables, instructor media stations and towers, and other products.In addition, it offers chair desks, combo units, and tablet arm and caster units, as well as a returns and credenzas.Further, the company provides administrative office furniture, including desks, bookcases, storage cabinets, and other items, as well as wardrobe tower cabinets, file credenzas, and mobile pedestals; laboratory furniture comprising steel-based science tables, table bases, lab stools, and wood-frame science tables; mobile furniture, such as mobile tables for cafeterias, mobile cabinets, and mobile task chairs for school settings and offices; and handling and storage equipment, as well as manufactures stackable storage trucks.
It serves educational institutions, convention centers and arenas, hospitality providers, government facilities, and places of worship through its sales and support teams, and dealer network.The company was incorporated in 1950 and is headquartered in Torrance, California.
Market Data
Last Price | 10.95 |
Change Percentage | -0.64% |
Open | 11.05 |
Previous Close | 11.02 |
Market Cap ( Millions) | 178 |
Volume | 35156 |
Year High | 18.5 |
Year Low | 8.75 |
M A 50 | 12.41 |
M A 200 | 13.68 |
Financial Ratios
FCF Yield | 22.48% |
Dividend Yield | 0.82% |
ROE | 24.63% |
Debt / Equity | 33.23% |
Net Debt / EBIDTA | 98.21% |
Price To Book | 1.54 |
Price Earnings Ratio | 7.13 |
Price To FCF | 4.45 |
Price To sales | 0.64 |
EV / EBITDA | 5.53 |
News
- Jan -29 - Virco Mfg. Corporation: A Reshoring Play At A P/E Of 7
- Jan -21 - Virco Adopts New Share Repurchase Program
- Dec -10 - Virco's Q3 Earnings & Sales Lag, Both Decline Y/Y, Stock Dips
- Dec -09 - Virco Manufacturing Corporation (VIRC) Lags Q3 Earnings and Revenue Estimates
- Dec -09 - Virco Reports Third Quarter Results: Robust Balance Sheet and Strengthening Cash Flows as School Furniture Market Returns to pre-Pandemic Seasonal Patterns
- Nov -25 - Trump Bump And Rate Cuts: 5 Small-Caps Set To Surge
- Oct -22 - 3 Furniture Stocks Worth Watching Amid a Challenging Industry Landscape
- Sep -25 - Rate Cut Winners: Top 5 Small-Caps Ready For A Rally
- Sep -14 - Virco's Q2 Shows Clear Signs Of Deterioration, But Stock Is Still A Hold
- Sep -11 - 4 Stocks Announce Dividend Hikes Amid Market Volatility
- Sep -10 - Virco's Q2 Earnings Beat Estimates, Revenues Miss, Stock Falls
- Sep -09 - Virco Manufacturing Corporation (VIRC) Surpasses Q2 Earnings Estimates
- Sep -09 - Virco Reports Improved Financial Position Following Record Second Quarter and First Half Results
- Sep -05 - Virco Gears Up to Report Q2 Earnings: What in the Offing?
- Sep -05 - Virco: The Wind Of Fortune Is Blowing In Its Favor
- Aug -29 - Virco Stock Surges 31% in 3 Months: What's Next for VIRC?
- Jul -30 - Inflation Decline Raises September Rate Cut Hopes: 4 Winners
- Jul -30 - Best Value Stocks to Buy for July 30th
- Jul -26 - New Strong Buy Stocks for July 26th
- Jul -26 - Best Value Stocks to Buy for July 26th
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Furniture
Expected Growth : 10.0 %
What the company do ?
Virco Mfg. Corporation's furniture offers a wide range of educational and institutional furniture solutions, including chairs, desks, and tables for schools and offices.
Why we expect these perspectives ?
Virco Mfg. Corporation's 10.0% growth in furniture segment is driven by increasing demand for educational furniture, expansion in e-commerce channels, and strategic partnerships with schools and universities. Additionally, the company's focus on sustainability and innovative products has contributed to its growth.
Virco Mfg. Corporation Products
Product Range | What is it ? |
---|---|
Classroom Furniture | Virco Mfg. Corporation offers a wide range of classroom furniture, including student desks, teacher desks, chairs, and tables designed for comfort, durability, and functionality. |
Library Furniture | Virco's library furniture collection includes bookshelves, study tables, and comfortable seating options, designed to create a welcoming and organized space for readers and researchers. |
Cafeteria and Food Service Furniture | Virco's cafeteria and food service furniture includes tables, chairs, and benches designed for durability and ease of maintenance, perfect for high-traffic areas. |
Administrative and Office Furniture | Virco's administrative and office furniture collection includes desks, chairs, and storage solutions designed for comfort, functionality, and style. |
Early Childhood Furniture | Virco's early childhood furniture includes tables, chairs, and storage solutions designed for young children, promoting learning and development in a safe and engaging environment. |
Virco Mfg. Corporation's Porter Forces
Threat Of Substitutes
The threat of substitutes for Virco Mfg. Corporation is medium due to the availability of alternative products in the market.
Bargaining Power Of Customers
The bargaining power of customers is high due to the presence of large and established customers who can negotiate prices and terms.
Bargaining Power Of Suppliers
The bargaining power of suppliers is low due to the presence of multiple suppliers and the company's ability to negotiate prices.
Threat Of New Entrants
The threat of new entrants is medium due to the moderate barriers to entry and the presence of established players in the market.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the market, leading to intense competition.
Capital Structure
Value | |
---|---|
Debt Weight | 10.00% |
Debt Cost | 7.38% |
Equity Weight | 90.00% |
Equity Cost | 7.38% |
WACC | 7.38% |
Leverage | 11.11% |
Virco Mfg. Corporation : Quality Control
Virco Mfg. Corporation passed 9 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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AMWD | American Woodmark Corporation manufactures and distributes kitchen, bath, office, home organization, and hardware products for the remodelling and new home construction markets in the United States. The company offers made-to-order β¦ |
FLXS | Flexsteel Industries, Inc., together with its subsidiaries, operates as a manufacturer, importer, and online marketer of upholstered and wooden furniture for residential and contract markets in the United States. It β¦ |
MBC | MasterBrand, Inc. manufactures and sells residential cabinets for the kitchen, bathroom, and other parts of the home in North America. The company is based in Jasper, Indiana. |
BSET | Bassett Furniture Industries, Incorporated engages in the manufacture, marketing, and retail of home furnishings in the United States and internationally. It operates through three segments: Wholesale, Retail Βcompany-owned Stores, and β¦ |
HOFT | Hooker Furnishings Corporation designs, manufactures, imports, and markets residential household, hospitality, and contract furniture. The company's Hooker Branded segment offers design categories, including home entertainment, home office, accent, dining, and β¦ |