Stock fact sheet · data as of
Virco Mfg. Corporation (VIRC): fair value, margin of safety and Wheel Score
Consumer Cyclical · Furnishings, Fixtures & Appliances · United States · Speculative / Distressed
Is VIRC undervalued?
Virco Mfg. Corporation (VIRC) closed at 6.43 on 16 Oct 2026. The GLS average fair value - the simple average of the 3 valuation models that produced a positive number - is 11.11, which puts the price 42% below it. 2 of the 3 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
Only 3 of the nine models produced a value (DCF, 10 Cap, DDM); the others need a dividend, positive free cash flow or positive book value the company does not have yet, so the average rests on a narrow base.
The nightly engine files VIRC under Speculative / Distressed - negative earnings or a Piotroski score of 3 or less - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for VIRC
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 20.73 | +222% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 11.13 | +73% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 1.47 | -77% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | 1.93 | -70% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is weak: VIRC passes 4 of the nine Piotroski tests. Our screens drop the stock at the health rule; a low score is often the reason a stock looks cheap on the valuation models. The GLS Moat score is low at 1.7 out of 10, which says the ten-year record of revenue, earnings, margins and returns on capital has been inconsistent - growth and shocks rather than steady compounding.
Returns on capital are thin or negative - ROIC 1.8%, ROE 2.4%, ROA 1.5% - with debt at 0.38 times equity and a free-cash-flow yield of 14.5%.
The dividend yield is 1.56% at a payout ratio of -63%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 10/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 4 / 9 | ROIC | 1.8% |
|---|---|---|---|
| GLS Moat | 1.7 / 10 | ROE | 2.4% |
| Debt / equity | 0.38 | ROA | 1.5% |
| Free-cash-flow yield | 14.5% | Payout ratio | -63% |
| Institutions | 5 / 10 | Insiders · Congress | 10 · 5 / 10 |
Wheel Score 42: Weak
VIRC scores 42 out of 100 on the Wheel Score, in the Weak band (under 50). Value 25/25, Health 9/20, Moat 3/15, Premium 0/20, Stability 6/20. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
No implied volatility is recorded for VIRC - the nightly snapshot found no near-the-money contracts 20-60 days out - so the Premium part of the Wheel Score is zero. Chain open interest is thin - 601 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 70k shares a day on a market cap of $101M, with a beta of 0.20 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 6 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 42% margin of safety | |
| Health | 9 / 20 | Piotroski 4/9 | |
| Moat | 3 / 15 | moat 1.7/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 6 / 20 | 70k shares/day, $101M cap, beta 0.20 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 14 Dec 2026, 59 days away - outside the window of a 30-45-day put sold today.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Furnishings, Fixtures & Appliances
The 12 companies below are the closest to Virco Mfg. Corporation by market cap within the Furnishings, Fixtures & Appliances industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| VIOT Viomi Technology Co., Ltd | 1.51 | 15.11 | +90% | 39No options | $103M |
| KEQU Kewaunee Scientific Corporation | 32.19 | 92.37 | +65% | 39No options | $93M |
| COOK Traeger, Inc. | 46.04 | 435.57 | +89% | 39No options | $128M |
| HOFT Hooker Furnishings Corporation | 12.77 | 15.89 | +20% | 45Weak | $137M |
| BSET Bassett Furniture Industries, Incorporated | 21.44 | 12.69 | -69% | 44Weak | $185M |
| LCUT Lifetime Brands, Inc. | 8.79 | 14.62 | +40% | 63Fair | $202M |
| LOVE The Lovesac Company | 14.75 | 32.06 | +54% | 66Good | $213M |
| CRWS Crown Crafts, Inc. | 2.43 | 9.23 | +74% | 51Fair | $26M |
| HBB Hamilton Beach Brands Holding Company | 34.31 | 102.36 | +66% | 74Good | $461M |
| FLXS Flexsteel Industries, Inc. | 86.77 | 175.71 | +51% | 39No options | $465M |
| ETD Ethan Allen Interiors Inc. | 20.06 | 27.79 | +28% | 75Good | $506M |
| XMAX XMAX, Inc. | 8.42 | 3.67 | -130% | 39Weak | $546M |
⚖ Compare VIRC with 7 of them All Consumer Cyclical stocks →
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Start free See the Sunday ScanQuestions about VIRC
Is VIRC undervalued right now?
By the GLS models, yes: at 6.43 the stock is 42% below the average fair value of 11.11 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of VIRC and what does it mean?
VIRC scores 42 out of 100 (Weak). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for VIRC?
11.11 per share as of 16 Oct 2026 - the simple average of the 3 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Virco Mfg. Corporation report earnings next?
The next earnings report is due on 14 Dec 2026 (before the open), 59 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does VIRC have listed options, and how liquid are they?
Yes. The nightly snapshot found 50 listed contracts with 601 open interest across all expiries. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.