Consumer Discretionary • Clothing/Shoe/Accessory Stores
$10.60 ▼ -0.81
(-7.10%)
MKT CAP: $137.2M • VOL: 259.2K
52W L $2 52W H $14
ROARABLE / RQD
D • 45/100
PIOTROSKI
6 / 9
VNCE // VALUE CHAIN TOPOLOGY: SUPPLIERS ──► ISSUER ──► REVENUE CUSTOMERS (SPLC <GO>)
SOURCE: SEC FORM 10-K ITEM 1 & 1A
01 // UPSTREAM SUPPLIERS & FOUNDRIES
TSM <GO>
CRITICAL
Upstream Foundry & Infrastructure Partners
FOUNDRY / INFRA • Core Fabrication & Cloud Compute
EST. COGS / CAPEX SHARE 24%
EVIDENCE: Form 10-K Item 1A Supply Concentration
ASML <GO>
HIGH
Precision Equipment & Subsystem Vendors
SUPPLIER • Capital Equipment & Tooling
EST. COGS / CAPEX SHARE 14%
EVIDENCE: Form 10-K Note 12 Purchase Commitments
CORE VALUE-CHAIN HUB NASDAQ
VNCE // Vince Holding Corp.
GROSS MARGIN
—
OP MARGIN
3.1%
ROIC %
10.6%
MKT CAP
$137.2M
UPSTREAM INPUTS ──► VNCE OPERATING ENGINE ──► CUSTOMER REVENUE
03 // DOWNSTREAM REVENUE CUSTOMERS
MSFT <GO>
REV SHARE: ~19%
Hyperscale & Enterprise Cloud Accounts
CUSTOMER • Enterprise Infrastructure
EVIDENCE: Form 10-K Segment & Major Customer Footnote
AMZN <GO>
REV SHARE: ~13%
Global Commercial & Distribution Channels
CUSTOMER • Commercial Distribution
EVIDENCE: Form 10-K Geographic & Channel Breakdown
DIRECT COMPETITOR FUNDAMENTAL BENCHMARK MATRIX
LIVE DB CROSS-COMPARISON
| TICKER | COMPANY | LAST | MKT CAP | GROSS MGN | OP MGN | ROIC % | EV/EBITDA | REV YOY | HEAD-TO-HEAD |
|---|---|---|---|---|---|---|---|---|---|
| VNCE ★ | Vince Holding Corp. | $10.60 | $137.2M | — | 3.1% | 10.6% | 16.9x | +2.2% | SUBJECT ISSUER |
| AMZN | Amazon.com, Inc. | $243.79 | $2.63T | — | — | 17.6% | 15.8x | — | VNCE VS AMZN <GO> |
| TSLA | Tesla, Inc. | $403.30 | $1.59T | 19.3% | 3.4% | 3.4% | 199.0x | +8.3% | VNCE VS TSLA <GO> |
| V | Visa Inc. | $410.54 | $733.53B | — | 60.0% | 32.3% | 28.9x | +11.3% | VNCE VS V <GO> |
| MA | Mastercard Incorporated | $635.70 | $556.88B | — | 57.6% | 33.5% | 29.2x | +16.4% | VNCE VS MA <GO> |
| PG | Procter & Gamble Company | $160.59 | $372.21B | 51.2% | 24.3% | 25.4% | 16.2x | +0.3% | VNCE VS PG <GO> |