Vicor Corp manufactures and markets modular power components and complete power systems for converting electrical power. It provides modular power converters and configurable products, power component products and integrated circuits, and related products.
It is a $12.2B technology company. Revenue grew 11.7% over the last year, it keeps 31¢ of every dollar of sales as profit, and it holds more cash than debt. It trades at 84.5× earnings — around the middle of its own history.
- Website
- vicorpower.com
- Location
- Andover, MA
- Employees
- 1 115
- Sector
- Technology
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong growth and profitability; Valuation and Moat lag behind.
Valuation10
- P/E vs own history62th pct · 5/25
- FCF yield0.4% · 5/25
- P/S25.9x · 0/25
- EV/EBITDA107.9x · 0/25
Growth87
- Revenue CAGR5.9% · 12/25
- Net income CAGR20.3% · 25/25
- EPS CAGR ~5Y44.9% · 25/25
- Fwd implied growth71.4% · 25/25
Profitability90
- ROIC37.5% · 25/25
- ROE19.8% · 20/25
- Net margin30.6% · 25/25
- Operating margin18.6% · 20/25
Health50
- Altman Zn/a · 0/25
- Current ratio13.25 · 25/25
- Interest coverage-29.0x · 0/25
- Net cash / debtNet cash · 25/25
Quality54
- Piotroski F7/9 · 22/25
- Beneish M-2.13 · 12/25
- FCF conversion35% · 8/25
- Margin stabilityσ 8.4% · 12/25
Moat41
- ROIC >12% years3/10 yrs · 6/25
- Median gross margin47.2% · 20/25
- FCF-positive years7/10 yrs · 10/25
- Worst-year net marginworst -3.1% · 5/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2025FinancialBest year on record$119M net income
- FY2017FinancialTurned profitable$167K net income after a loss year
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (57.1%)
- Strongly profitable — 30.6% net margin
- Revenue growing 11.7% year over year
- Net cash position after subtracting debt from cash
- High returns on invested capital (ROIC 37.5%)
Watch-outs
- Thin interest coverage (-29.0×)
- Loss-making in 1 of the recent years
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+11.7% YoY
- Profitable — makes more than it spends$145M TTM
- Profit growing — earnings are higher than last year+66.4% YoY
- Generates cash — cash left after running and investing$51.3M TTM
- Debt under control — could handle its obligationsmore cash than debt
- Established company — not a micro-cap — lower blow-up risk$12.2B market cap
- Not printing shares — share count not ballooning — you keep your slice+3.6% shares over ~5y
- Proven track record — years of profitability behind it9/10 profitable years
- Financially stable — balance sheet not near distresshealth score 25/100
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 84.5
Peer comparisonVicor Corp vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| VICR this company | $12.2B | 84.5 | +11.7% | 30.6% | Strained |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: VICR vs NVDA · VICR vs AAPL · VICR vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/VICR
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of VICR on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $265.50 · market cap $12.2B.