SPCE - NYSE

Virgin Galactic Holdings, Inc.

Virgin Galactic Holdings, Inc.

SPCEยทNYSE

$4.29

-6.5%
IndustrialsAerospace & Defense

Virgin Galactic Holdings, Inc. focuses on the development, manufacture, and operation of spaceships and related technologies for conducting commercial human spaceflight and flying commercial research and development payloads into space. It is also involved in the ground and flight testing, and post-flight maintenance of its spaceflight system vehicles. The company serves private individuals, researchers, and government agencies. Virgin Galactic Holdings, Inc. was founded in 2017 is headquartered in Las Cruces, New Mexico. Virgin Galactic Holdings, Inc. was a former subsidiary of Virgin Orbit Holdings, Inc.

StatementsValue Model

At a Glance

Live Snapshot
Market Cap$267.61M
EPS-5.4400
P/E Ratio-0.79
Earnings Date08/05/2026
Virgin Galactic Holdings, Inc.

Virgin Galactic Holdings, Inc. Fair Value Envelope

SPCE ยท NYSE

Our analysis suggests that SPCE has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.29, this represents a potential HIDDEN relative to our calculated worth for Virgin Galactic Holdings, Inc..

HIDDEN
Intrinsic Value
Current Price: $4.29

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value-$2.8B
+ Cash & Equivalents$144.7M
Firm Value-$2.6B
- Debt$324.2M
Equity Value-$2.9B
/ Shares Outstanding57,590,965B
DCF Value-$51
OVERVALUED BY 1286%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
-$258.5M
-$278.4M
-$299.7M
-$322.7M
-$347.4M
-$374.0M
-$402.7M
-$433.5M
-$466.8M
-$502.6M
Maintenance CapEx
-$42.6M
-$45.9M
-$49.4M
-$53.2M
-$57.3M
-$61.7M
-$66.4M
-$71.5M
-$77.0M
-$82.9M
Owner Earnings
-$301.2M
-$324.3M
-$349.1M
-$375.9M
-$404.7M
-$435.7M
-$469.1M
-$505.1M
-$543.8M
-$585.4M
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
-$278.9M
-$278.0M
-$277.1M
-$276.3M
-$275.4M
-$274.6M
-$273.7M
-$272.9M
-$272.0M
-$271.2M
Terminal Value represents 0.0% of Enterprise Value
Negative Owner Earnings
This company generates negative free cash flow. Consider adjusting maintenance CapEx percentage or check the financial data.

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