Virco Manufacturing Corporation Common Stock (VIRC)
Asset PlayFairStock Score: 19/100 — RISKY
Key Financials
| Current Price | $6.29 |
| Market Cap | $99M |
| P/E Ratio | -39.31 |
| ROE | -2.23% |
| Dividend Yield | 1.59% |
| Sector | Consumer Cyclical |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Virco designs, makes, and distributes furniture, mostly seating and tables, with 731 employees. This is a competitive, cyclical business, and I see no durable moat. The filed results are uneven. In FY2026, the year ended 2026-01-31, revenue was $199.7M and net income was $2.6M, down sharply from FY2025, the year ended 2025-01-31, when revenue was $266.2M and net income was $21.6M. The latest filed quarter, fiscal Q2 2027 ended 2026-07-31, showed revenue of $87.5M, net income of $8.6M, and diluted EPS of $0.55, but that was lower than fiscal Q2 2026 ended 2025-07-31, with revenue of $92.1M, net income of $10.2M, and diluted EPS of $0.65. Fiscal Q1 2027 ended 2026-04-30 lost $2.8M. At the $6.50 close on 2026-10-13, FairStock calculations show a negative trailing P/E of -40.63, P/B of 0.93, negative ROE of -2.23%, ROCE of -1.41%, and EV/EBITDA of 61.81. The Lynch category is an ASSET PLAY because it trades at 0.93x book value. Financial health is mixed: D/E is 0.34, Piotroski is 5/9, and Altman Z is 1.83, a gray-zone reading. TTM free cash flow is $8.8M, an 8.6% FCF yield, which is a genuine positive. FairStock score is 19/100. A Graham-style asset play can offer downside protection, but only if book value is real and the business can earn decent returns. Here returns are negative and growth is shrinking, so I would want a larger cushion or clear evidence of profit recovery before calling it a high-quality value opportunity.
In plain English: Virco makes and sells furniture, mostly seating and tables, in the United States and Canada. The business looks weak right now: annual profit fell sharply, and the latest filed quarter was profitable but smaller than a year earlier. The stock price looks low compared with the company's net asset value on the books, but weak profits mean it is not clearly a bargain.
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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Sources (SEC EDGAR): fiscal Q2 2027 10-Q (period ended 2026-07-31) · fiscal Q1 2027 10-Q (period ended 2026-04-30) · fiscal Q3 2026 10-Q (period ended 2025-10-31) · fiscal Q2 2026 10-Q (period ended 2025-07-31) · FY2026 10-K (period ended 2026-01-31) · FY2025 10-K (period ended 2025-01-31) · FY2024 10-K (period ended 2024-01-31)
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer