V2X Inc. Common Stock (VVX)

FairStock Score: 39/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Graham-Buffett investor, I ask whether V2X is a durable business at a sensible price. It supplies mission support and aerospace/defense services, mostly to defense customers. That can create sticky, recurring work, but it is labor- and contract-intensive and low-margin. Filed figures show a turnaround: fiscal year 2023, ended 2023-12-31, revenue was $4.0B and net loss $22.6M; fiscal year 2024, ended 2024-12-31, revenue was $4.3B and net income $34.7M; fiscal year 2025, ended 2025-12-31, revenue was $4.5B and net income $77.9M. In fiscal Q2 2026, the quarter ended 2026-07-03, revenue was $1.3B, net income $25.5M, and diluted EPS $0.81. In fiscal Q2 2025, the quarter ended 2025-06-27, revenue was $1.1B, net income $22.4M, and diluted EPS $0.70. The direction is good, but fiscal Q2 2026 net margin was only 2.03%. At the 2026-10-13 close of $68.36, FairStock calculations show P/E 23.57, P/B 1.89, ROE 8.35%, ROCE 4.04%, and debt-to-equity 0.98. Free cash flow is $130.4M, a 6.1% FCF yield—respectable. Yet Altman Z 1.35 and Piotroski 6/9 hint at balance-sheet and quality concerns. Graham Number is $48.59, so the price is about 40.69% above that rough yardstick. The Lynch category is TURNAROUND. I see improvement, but not a wide-moat bargain; I would demand a larger margin of safety.

In plain English: V2X provides mission support and defense services to government and international customers. The business has grown revenue and returned to profit, but profit margins are thin and it carries significant debt. At the recent price, the stock looks expensive compared with the company's profits and asset value.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-07-03) · fiscal Q1 2026 10-Q (period ended 2026-04-03) · fiscal Q3 2025 10-Q (period ended 2025-09-26) · fiscal Q2 2025 10-Q (period ended 2025-06-27) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

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