Vestis Corp. (VSTS) intrinsic value & 10-year financials

Vestis Corp. (VSTS) has a Graham intrinsic value of $1.34 per share. At $13.88 on Oct 17, 2026, the stock trades 936% above that value. Over the last 5 fiscal years revenue grew 0.6% a year to $2.7B, with an average return on invested capital of 5.0%.

Graham intrinsic value
$1.34
Share price (Oct 17, 2026)
$13.88
Price vs Graham value
936% above
Market cap
$1.8B
Revenue (FY2025)
$2.7B
Revenue growth (5-yr CAGR)
0.6%
ROIC (10-yr avg)
5.0%
Free cash flow (FY2025)
$5.8M

VSTS 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $2.7B -$40.2M -$0.31 $5.8M 2.4% 2.7%
FY2024 $2.8B $21.0M $0.16 $392.9M 5.6% 4.4%
FY2023 $2.8B $213.2M $1.63 $179.1M 7.7% 6.9%
FY2022 $2.7B $141.7M $1.08 $156.4M 7.2% 6.1%
FY2021 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Vestis Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Vestis Corp has historically struggled to out-earn its cost of capital, averaging just 5.0% ROIC.

Vestis Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Vestis Corp is modeled at 0.6% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $1.34 per share.

VSTS stock: frequently asked questions

What is the intrinsic value of Vestis Corp. (VSTS) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 0.6% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, VSTS's intrinsic value is about $1.34 per share.

Is VSTS stock undervalued?

At $13.88 (close on Oct 17, 2026), VSTS trades 936% above its Graham value of $1.34. On Graham's terms the shares look fully priced. A formula is a starting point for research, not a recommendation.

Does Vestis Corp. generate free cash flow?

Vestis Corp. generated $5.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 4 of the last 4 reported years.

What is VSTS's return on invested capital?

Average ROIC over the last 5 fiscal years was 5.0%, and average return on equity was 4.3%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this VSTS data come from?

From Vestis Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 12, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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