Vera Bradley, Inc. (VRA) intrinsic value & 10-year financials
Vera Bradley, Inc. (VRA) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue shrank 6.3% a year to $269.7M, with an average return on invested capital of -2.8%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $5.85
- Market cap
- $163.2M
- Revenue (FY2026)
- $269.7M
- Revenue growth (10-yr CAGR)
- -6.3%
- ROIC (10-yr avg)
- -2.8%
- Free cash flow (FY2026)
- -$13.3M
VRA 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2026 | $269.7M | -$47.8M | -$1.71 | -$13.3M | -11.8% | -16.7% |
| FY2025 | $372.0M | -$62.2M | -$2.15 | -$24.5M | -11.4% | -18.3% |
| FY2024 | $470.8M | $7.8M | $0.25 | $44.2M | 2.2% | 2.8% |
| FY2023 | $500.0M | -$59.7M | -$1.90 | -$21.7M | -19.0% | -25.1% |
| FY2022 | $540.5M | $17.8M | $0.52 | $34.4M | 5.0% | 6.0% |
| FY2021 | $468.3M | $8.7M | $0.26 | $15.0M | 2.8% | 3.2% |
| FY2020 | $495.2M | $16.0M | $0.47 | $7.3M | 3.9% | 4.0% |
| FY2019 | $416.1M | $20.8M | $0.59 | $35.4M | 6.5% | 6.9% |
| FY2018 | $454.6M | $7.0M | $0.19 | $30.8M | 3.3% | 2.6% |
| FY2017 | $485.9M | $19.8M | $0.53 | $44.4M | 5.8% | 7.0% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Vera Bradley, Inc. is facing top-line stagnation, with revenue contracting over the decade.
Vera Bradley, Inc. has historically struggled to out-earn its cost of capital, averaging just -2.8% ROIC.
Over the decade, Vera Bradley, Inc. shows that management has aggressively returned capital to shareholders by retiring 24.5% of outstanding shares.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Vera Bradley, Inc. is modeled at -6.3% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-0.90 per share.