Vse Corp (VSEC)

Services-Engineering Services

Latest Price

$164.70

TTM P/E

59.24

Normalized P/E

89.20

Div Yield

0.24%

Book Value

104.55

P/B Ratio

1.58

Valuation metrics

EPS: $0.55

Book value / share: $61.49

Formula: √(22.5 × EPS × BVPS)

Graham Number

$27.59

83% downside

Norm. op. income: $60M (median of 7yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$10.54

94% downside

Base FCF: $6M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$8.61

95% downside

EPS: $0.55

Target P/E: 89×

Formula: EPS × P/E

P/E Fair Value

$48.95

70% downside

100.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	4.63M	$1.06B	16.50%	+124.3K	2026-06-30
T. Rowe Price Investment Management, Inc.	2.10M	$479.0M	7.48%	-411.0K	2026-06-30
State Street Corp	2.06M	$471.0M	7.35%	+186.3K	2026-06-30
Vanguard Capital Management LLC	1.24M	$283.0M	4.43%	+63.7K	2026-06-30
Vanguard Portfolio Management LLC	1.03M	$235.0M	3.67%	+77.6K	2026-06-30
Durable Capital Partners LP	980.3K	$224.0M	3.49%	-424.5K	2026-06-30
UBS Group AG	840.4K	$192.0M	2.99%	-124.1K	2026-06-30
Capital Research Global Investors	829.2K	$189.0M	2.95%	-107.2K	2026-06-30
Dendur Capital LP	821.4K	$187.0M	2.93%	+342.4K	2026-06-30
Geode Capital Management, LLC	807.8K	$184.0M	2.88%	+60.9K	2026-06-30