XNYSVSTS
Market cap2.10bUSD
Jan 10, Last price
15.97USD
1D
-2.26%
1Q
6.89%
IPO
-6.11%
Name
Vestis Corp
Chart & Performance
P/E
100.17
P/S
0.75
EPS
0.16
Div Yield, %
0.95%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
2.81b
-0.69%
Net income
21m
-90.16%
CFO
472m
+83.59%
Dividend
Sep 13, 20240.035 USD/sh
Earnings
Feb 05, 2025
Profile
Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, healthcare, automotive, and cleanroom industries. Vestis Corporation was founded in 1936 and is headquartered in Roswell, Georgia.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2024‑09 | 2023‑09 | 2022‑09 | 2021‑09 | 2020‑09 | |
| Income | |||||
Revenues | 2,805,820 -0.69% | 2,825,286 5.15% | 2,687,005 9.38% | ||
Cost of revenue | 1,989,872 | 1,970,215 | 1,909,676 | ||
Unusual Expense (Income) | |||||
NOPBT | 815,948 | 855,071 | 777,329 | ||
NOPBT Margin | 29.08% | 30.26% | 28.93% | ||
Operating Taxes | 11,060 | 56,572 | 48,280 | ||
Tax Rate | 1.36% | 6.62% | 6.21% | ||
NOPAT | 804,888 | 798,499 | 729,049 | ||
Net income | 20,970 -90.16% | 213,158 50.45% | 141,679 90.76% | ||
Dividends | (19,852) | (1,688,919) | (134,502) | ||
Dividend yield | 1.00% | ||||
Proceeds from repurchase of equity | |||||
BB yield | |||||
| Debt | |||||
Debt current | 51,233 | 73,844 | 41,381 | ||
Long-term debt | 1,561,838 | 1,812,889 | 322,981 | ||
Deferred revenue | |||||
Other long-term liabilities | 52,600 | 270,245 | 52,379 | ||
Net debt | 1,582,061 | 1,850,682 | 380,200 | ||
| Cash flow | |||||
Cash from operating activities | 471,788 | 256,977 | 232,847 | ||
CAPEX | (78,905) | (77,870) | (76,449) | ||
Cash from investing activities | (73,636) | (14,746) | (86,133) | ||
Cash from financing activities | (402,975) | (230,269) | (162,543) | ||
FCF | 1,110,244 | 722,142 | 695,542 | ||
| Balance | |||||
Cash | 31,010 | 36,051 | 23,736 | ||
Long term investments | (39,574) | ||||
Excess cash | |||||
Stockholders' equity | (25,031) | 877,360 | 2,335,812 | ||
Invested Capital | 2,361,084 | 2,835,443 | 2,553,772 | ||
ROIC | 30.98% | 29.63% | 28.38% | ||
ROCE | 32.28% | 30.16% | 28.21% | ||
| EV | |||||
Common stock shares outstanding | 131,787 | 130,725 | 129,864 | ||
Price | 15.11 | ||||
Market cap | 1,991,302 | ||||
EV | 3,573,363 | ||||
EBITDA | 956,729 | 991,575 | 911,681 | ||
EV/EBITDA | 3.73 | ||||
Interest | 126,563 | 10 | 2,284 | ||
Interest/NOPBT | 15.51% | 0.00% | 0.29% | ||