Latest Ratios: P/E Ratio 15.9x · EV/EBITDA 18.3x · ROE 13.9%. (2011–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $100M | $35M | $44M | $42M | $90M | $107M | $96M | $176M | $139M | $56M | $150M |
| Enterprise Value | $222M | $157M | $166M | $170M | $293M | $315M | $296M | $338M | $184M | $99M | $178M |
| P/E Ratio → | 15.90 | 5.51 | — | 1.64 | — | — | — | 5.79 | — | 0.95 | — |
| P/S Ratio | 0.33 | 0.12 | 0.15 | 0.14 | 0.25 | 0.33 | 0.44 | 0.47 | 0.50 | 0.20 | 0.56 |
| P/B Ratio | 2.03 | 0.70 | 1.06 | 0.88 | 4.42 | 1.92 | 1.42 | 1.35 | 1.88 | 0.74 | — |
| P/FCF | — | — | 2.49 | 231.54 | — | — | — | 14.33 | 275.65 | — | — |
| P/OCF | 33.51 | 11.82 | 2.01 | 25.41 | — | — | — | 10.48 | 38.94 | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.52 | 0.57 | 0.58 | 0.82 | 0.98 | 1.35 | 0.90 | 0.66 | 0.36 | 0.66 |
| EV / EBITDA | 18.28 | 12.94 | — | 4.64 | — | 46.38 | — | 6.17 | 12.06 | — | — |
| EV / EBIT | 24.03 | 14.56 | — | 5.37 | — | 651.40 | — | 9.53 | 35.97 | 1.56 | — |
| EV / FCF | — | — | 9.32 | 943.21 | — | — | — | 27.49 | 364.71 | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 49.7% | 49.7% | 49.5% | 45.5% | 36.3% | 43.5% | 40.3% | 47.6% | 46.9% | 44.7% | 45.8% |
| Operating Margin | 3.1% | 3.1% | -5.9% | 10.8% | -6.6% | 0.1% | -15.6% | 12.1% | 1.5% | -6.7% | -24.1% |
| Net Profit Margin | 2.1% | 2.1% | -6.5% | 8.7% | -10.7% | -3.9% | -29.1% | 8.1% | -0.7% | 21.5% | -60.6% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.9% | 13.9% | -42.8% | 75.5% | -100.9% | -20.5% | -64.4% | 29.7% | -2.7% | 192.8% | -504.2% |
| ROA | 2.8% | 2.8% | -8.5% | 9.6% | -12.0% | -3.8% | -18.4% | 10.2% | -0.9% | 24.7% | -53.9% |
| ROIC | 4.1% | 4.1% | -7.6% | 11.9% | -7.2% | 0.1% | -9.2% | 16.5% | 2.6% | -20.9% | -67.7% |
| ROCE | 6.0% | 6.0% | -11.0% | 16.9% | -10.3% | 0.2% | -13.1% | 19.7% | 2.2% | -9.7% | -26.9% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 2.44 | 2.44 | 2.93 | 2.72 | 10.10 | 3.74 | 3.00 | 1.24 | 0.61 | 0.65 | — |
| Debt / EBITDA | 10.08 | 10.08 | — | 3.51 | — | 30.75 | — | 2.96 | 2.95 | — | — |
| Net Debt / Equity | — | 2.43 | 2.92 | 2.72 | 10.05 | 3.72 | 2.94 | 1.24 | 0.61 | 0.58 | — |
| Net Debt / EBITDA | 10.04 | 10.04 | — | 3.50 | — | 30.59 | — | 2.95 | 2.94 | — | — |
| Debt / FCF | — | — | 6.83 | 711.67 | — | — | — | 13.16 | 89.05 | — | — |
| Interest Coverage | 3.15 | 3.15 | -2.56 | 2.84 | -2.57 | 0.06 | -11.74 | 7.15 | 0.74 | 11.47 | -16.53 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.49 | 1.49 | 1.31 | 1.38 | 1.24 | 1.26 | 1.35 | 1.27 | 1.94 | 1.81 | 1.48 |
| Quick Ratio | 0.51 | 0.51 | 0.51 | 0.42 | 0.27 | 0.40 | 0.52 | 0.53 | 0.78 | 0.72 | 0.72 |
| Cash Ratio | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.05 | 0.01 | 0.00 | 0.12 | 0.42 |
| Asset Turnover | — | 1.33 | 1.32 | 1.30 | 1.18 | 0.96 | 0.66 | 1.04 | 1.19 | 1.16 | 1.12 |
| Inventory Turnover | 2.28 | 2.28 | 2.51 | 2.72 | 2.53 | 2.32 | 1.92 | 2.96 | 2.78 | 3.08 | 3.77 |
| Days Sales Outstanding | — | 37.09 | 40.96 | 25.76 | 21.17 | 33.88 | 52.92 | 39.56 | 49.77 | 27.80 | 14.07 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.3% | 18.1% | — | 61.1% | — | — | — | 17.3% | — | 105.2% | — |
| FCF Yield | — | — | 40.1% | 0.4% | — | — | — | 7.0% | 0.4% | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.1% | 0.3% | 0.0% | 0.0% | 0.2% | 0.2% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.1% | 0.3% | 0.0% | 0.0% | 0.2% | 0.2% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $13M | $13M | $12M | $12M | $12M | $12M | $12M | $12M | $8M | $5M |
Critical liquidity and solvency
According to current market data, VNCE trades at a P/S ratio of 0.33, which, when viewed alongside an EV/EBITDA of 18.24, suggests that investors are pricing the company as a distressed turnaround play rather than a growth-oriented entity within the contemporary apparel sector.
The low P/S multiple indicates significant skepticism regarding the company's ability to return to sustainable revenue growth following the exit from secondary brands. The elevated EV/EBITDA multiple, relative to the depressed sales valuation, highlights the heavy debt burden that continues to weigh on the enterprise value, leaving little room for equity upside.
As reported in financial statements, the company's ROIC has struggled to maintain positive territory, frequently dipping into negative values such as the -1.1% recorded in 2026Q1, which underscores a fundamental inability to generate returns that exceed the cost of capital during this restructuring phase.
The persistent failure to achieve positive ROIC suggests that the underlying business model is currently destroying value rather than compounding it. This trend appears structural, as the high fixed-cost base and royalty obligations to ABG continue to cannibalize the returns generated by the core Vince brand.
Based on the provided quarterly data, the cash conversion cycle has remained elevated, peaking at 157 days in 2026Q1, primarily driven by a bloated inventory turnover period of 197 days that reflects significant challenges in clearing seasonal fashion stock through wholesale and retail channels.
The extended DIO suggests that the company is carrying excessive inventory, which ties up critical liquidity and necessitates promotional activity that further compresses margins. Investors should monitor whether the shift to a licensing model can eventually reduce this working capital burden or if it remains a permanent drag on efficiency.
According to recent filings, the company's debt-to-equity ratio of 2.69 as of 2026Q1, combined with negative interest coverage ratios in several recent periods, indicates that the firm is operating with a capital structure that is increasingly disconnected from its current cash-generating capacity.
The inability to consistently cover interest expenses suggests that the company is highly vulnerable to any further contraction in discretionary spending or tightening of credit availability. This leverage profile leaves the firm with minimal flexibility to navigate the ongoing transition to an asset-light business model.
The P/E ratio is the most commonly misapplied metric for this business, as reported in financial statements, because it fails to account for the massive non-recurring charges and structural shifts associated with the ABG licensing deal and the exit from secondary brands.
Using P/E to value a company in the midst of a total business model pivot obscures the underlying cash burn and the impact of new royalty obligations. Analysts should instead focus on EV/Sales or adjusted EBITDA metrics to better capture the true operational health of the core Vince brand.
Includes 30+ ratios · 15 years · Updated daily
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Quick answers to the most common questions about buying VNCE stock.
Vince Holding Corp.'s current P/E ratio is 15.9x. The historical average is 13.1x. This places it at the 67th percentile of its historical range.
Vince Holding Corp.'s current EV/EBITDA is 18.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 15.5x.
Vince Holding Corp.'s return on equity (ROE) is 13.9%. The historical average is 6.1%.
Based on historical data, Vince Holding Corp. is trading at a P/E of 15.9x. This is at the 67th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Vince Holding Corp. has 49.7% gross margin and 3.1% operating margin.
Vince Holding Corp.'s Debt/EBITDA ratio is 10.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.