Virco Mfg Corporation (VIRC) intrinsic value & 10-year financials
Virco Mfg Corporation (VIRC) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.6% a year to $199.7M, with an average return on invested capital of 8.2%.
- Graham intrinsic value
- —
- Share price (Oct 28, 2026)
- $6.16
- Market cap
- $97.1M
- Revenue (FY2026)
- $199.7M
- Revenue growth (10-yr CAGR)
- 1.6%
- ROIC (10-yr avg)
- 8.2%
- Free cash flow (FY2026)
- -$6.7M
VIRC 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $199.7M | $2.6M | $0.16 | -$6.7M | 1.8% | 2.2% |
| FY2025 | $266.2M | $21.6M | $1.32 | $26.8M | 10.5% | 19.8% |
| FY2024 | $269.1M | $21.9M | $1.34 | $21.7M | 11.8% | 25.5% |
| FY2023 | $231.1M | $16.5M | $1.02 | -$7.1M | 4.7% | 12.9% |
| FY2022 | $184.8M | -$15.1M | -$0.95 | -$3.4M | -0.2% | -0.4% |
| FY2021 | $152.8M | -$2.2M | -$0.14 | $5.6M | 0.5% | 0.6% |
| FY2020 | $191.1M | $2.4M | $0.15 | $5.5M | 3.1% | 6.2% |
| FY2019 | $200.7M | -$1.6M | -$0.10 | -$3.0M | 1.2% | 3.1% |
| FY2018 | $189.3M | -$3.2M | -$0.21 | -$4.5M | 2.1% | 2.9% |
| FY2017 | $173.4M | $22.8M | $1.49 | $1.5M | 3.4% | 9.3% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
VIRCO MFG CORPORATION has demonstrated mature, steady growth, with revenue compounding at 1.6% annually over the past decade.
VIRCO MFG CORPORATION returns on capital have been average, hovering around 8.2% ROIC over the decade.
Over the decade, VIRCO MFG CORPORATION shows that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, VIRCO MFG CORPORATION is modeled at -22.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-4.89 per share.