VIRTUS INVESTMENT PARTNERS (VRTS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:VRTS - US92828Q1094 - Common Stock
161.54 USD
-1.62 (-0.99%)
161.54 USD
0 (0%)
Taking everything into account, VRTS scores 4 out of 10 in our fundamental rating. VRTS was compared to 237 industry peers in the Capital Markets industry. While VRTS seems to be doing ok healthwise, there are quite some concerns on its profitability. VRTS is cheap, but on the other hand it scores bad on growth. Finally VRTS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year VRTS was profitable.
In the past year VRTS had a positive cash flow from operations.
In the past 5 years VRTS has always been profitable.
Of the past 5 years VRTS 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of VRTS (3.49%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 14.83%, VRTS is in the better half of the industry, outperforming 77.22% of the companies in the same industry.
VRTS has a Return On Invested Capital of 3.65%. This is comparable to the rest of the industry: VRTS outperforms 51.48% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VRTS is below the industry average of 7.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 14.83% | ||
| ROIC | 3.65% |
ROA(3y)3.19%
ROA(5y)3.43%
ROE(3y)14.36%
ROE(5y)15.89%
ROIC(3y)3.76%
ROIC(5y)4.34%
1.3 Margins
With a Profit Margin value of 15.51%, VRTS perfoms like the industry average, outperforming 49.79% of the companies in the same industry.
VRTS's Profit Margin has declined in the last couple of years.
VRTS has a Operating Margin (20.37%) which is in line with its industry peers.
VRTS's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.37% | ||
| PM (TTM) | 15.51% | ||
| GM | N/A |
OM growth 3Y-17.09%
OM growth 5Y-2.7%
PM growth 3Y-14.2%
PM growth 5Y-2.84%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
Compared to 1 year ago, VRTS has less shares outstanding
VRTS has more shares outstanding than it did 5 years ago.
The debt/assets ratio for VRTS is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.83, we must say that VRTS is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of VRTS (0.83) is comparable to the rest of the industry.
The Debt to FCF ratio of VRTS is 34.80, which is on the high side as it means it would take VRTS, 34.80 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of VRTS (34.80) is comparable to the rest of the industry.
A Debt/Equity ratio of 2.64 is on the high side and indicates that VRTS has dependencies on debt financing.
With a Debt to Equity ratio value of 2.64, VRTS is not doing good in the industry: 82.28% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.64 | ||
| Debt/FCF | 34.8 | ||
| Altman-Z | 0.83 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
VRTS has a Current Ratio of 2.47. This indicates that VRTS is financially healthy and has no problem in meeting its short term obligations.
Looking at the Current ratio, with a value of 2.47, VRTS is in the better half of the industry, outperforming 78.48% of the companies in the same industry.
A Quick Ratio of 2.47 indicates that VRTS has no problem at all paying its short term obligations.
VRTS's Quick ratio of 2.47 is fine compared to the rest of the industry. VRTS outperforms 78.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.47 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 4.81% over the past year.
Measured over the past years, VRTS shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.37% on average per year.
VRTS shows a decrease in Revenue. In the last year, the revenue decreased by -1.09%.
VRTS shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.00% yearly.
EPS 1Y (TTM)4.81%
EPS 3Y-9.8%
EPS 5Y12.37%
EPS Q2Q%-3.32%
Revenue 1Y (TTM)-1.09%
Revenue growth 3Y-2.52%
Revenue growth 5Y10%
Sales Q2Q%-4.11%
3.2 Future
Based on estimates for the next years, VRTS will show a small growth in Earnings Per Share. The EPS will grow by 3.74% on average per year.
Based on estimates for the next years, VRTS will show a decrease in Revenue. The Revenue will decrease by -0.72% on average per year.
EPS Next Y-1.48%
EPS Next 2Y1.01%
EPS Next 3Y3.74%
EPS Next 5YN/A
Revenue Next Year-5.01%
Revenue Next 2Y-2.47%
Revenue Next 3Y-0.72%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.17, the valuation of VRTS can be described as very cheap.
88.19% of the companies in the same industry are more expensive than VRTS, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 26.38. VRTS is valued rather cheaply when compared to this.
VRTS is valuated cheaply with a Price/Forward Earnings ratio of 6.01.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VRTS indicates a rather cheap valuation: VRTS is cheaper than 91.98% of the companies listed in the same industry.
VRTS's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 23.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.17 | ||
| Fwd PE | 6.01 |
4.2 Price Multiples
83.97% of the companies in the same industry are more expensive than VRTS, based on the Enterprise Value to EBITDA ratio.
62.45% of the companies in the same industry are more expensive than VRTS, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.67 | ||
| EV/EBITDA | 12.96 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.5
EPS Next 2Y1.01%
EPS Next 3Y3.74%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 6.04%, VRTS is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 6.36, VRTS pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 1.87, VRTS pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.04% |
5.2 History
On average, the dividend of VRTS grows each year by 17.66%, which is quite nice.
VRTS has paid a dividend for at least 10 years, which is a reliable track record.
VRTS has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)17.66%
Div Incr Years7
Div Non Decr Years10
5.3 Sustainability
VRTS pays out 47.12% of its income as dividend. This is a bit on the high side, but may be sustainable.
VRTS's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP47.12%
EPS Next 2Y1.01%
EPS Next 3Y3.74%
161.54
-1.62 (-0.99%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners87.52%
Inst Owner Change3.66%
Ins Owners5.83%
Ins Owner Change-0.5%
Market Cap1.09B
Revenue(TTM)878.34M
Net Income(TTM)136.24M
Analysts46.67
Price Target192.02 (18.87%)
Short Float %3.57%
Short Ratio3.02
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.04% |
Yearly Dividend8.27
Dividend Growth(5Y)17.66%
DP47.12%
Div Incr Years7
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.24%
Min EPS beat(2)-3.15%
Max EPS beat(2)-1.33%
EPS beat(4)1
Avg EPS beat(4)-0.42%
Min EPS beat(4)-3.15%
Max EPS beat(4)3.8%
EPS beat(8)2
Avg EPS beat(8)-0.79%
EPS beat(12)4
Avg EPS beat(12)-0.44%
EPS beat(16)5
Avg EPS beat(16)-1.36%
Revenue beat(2)0
Avg Revenue beat(2)-3.04%
Min Revenue beat(2)-3.08%
Max Revenue beat(2)-3.01%
Revenue beat(4)0
Avg Revenue beat(4)-2.96%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)-1.95%
Revenue beat(8)0
Avg Revenue beat(8)-3.3%
Revenue beat(12)1
Avg Revenue beat(12)-2%
Revenue beat(16)5
Avg Revenue beat(16)1.61%
PT rev (1m)0%
PT rev (3m)-3.34%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.77%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.97%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-2.75%
Revenue NY rev (1m)-0.09%
Revenue NY rev (3m)-0.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.17 | ||
| Fwd PE | 6.01 | ||
| P/S | 1.24 | ||
| P/FCF | 15.67 | ||
| P/OCF | 14.08 | ||
| P/B | 1.19 | ||
| P/tB | 5.98 | ||
| EV/EBITDA | 12.96 |
EPS(TTM)26.17
EY16.2%
EPS(NY)26.9
Fwd EY16.65%
FCF(TTM)10.31
FCFY6.38%
OCF(TTM)11.47
OCFY7.1%
SpS130.12
BVpS136.1
TBVpS26.99
PEG (NY)N/A
PEG (5Y)0.5
Graham Number283.09
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.49% | ||
| ROE | 14.83% | ||
| ROCE | 4.9% | ||
| ROIC | 3.65% | ||
| ROICexc | 4.06% | ||
| ROICexgc | 5.24% | ||
| OM | 20.37% | ||
| PM (TTM) | 15.51% | ||
| GM | N/A | ||
| FCFM | 7.92% |
ROA(3y)3.19%
ROA(5y)3.43%
ROE(3y)14.36%
ROE(5y)15.89%
ROIC(3y)3.76%
ROIC(5y)4.34%
ROICexc(3y)10.87%
ROICexc(5y)12.89%
ROICexgc(3y)110.04%
ROICexgc(5y)160.56%
ROCE(3y)5.04%
ROCE(5y)5.81%
ROICexgc growth 3Y-77.85%
ROICexgc growth 5Y3.06%
ROICexc growth 3Y-48.2%
ROICexc growth 5Y2.75%
OM growth 3Y-17.09%
OM growth 5Y-2.7%
PM growth 3Y-14.2%
PM growth 5Y-2.84%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.64 | ||
| Debt/FCF | 34.8 | ||
| Debt/EBITDA | 9.96 | ||
| Cap/Depr | 12.25% | ||
| Cap/Sales | 0.9% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 31.84% | ||
| Profit Quality | 51.07% | ||
| Current Ratio | 2.47 | ||
| Quick Ratio | 2.47 | ||
| Altman-Z | 0.83 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)10.41%
Cap/Depr(5y)9.08%
Cap/Sales(3y)0.8%
Cap/Sales(5y)0.63%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)4.81%
EPS 3Y-9.8%
EPS 5Y12.37%
EPS Q2Q%-3.32%
EPS Next Y-1.48%
EPS Next 2Y1.01%
EPS Next 3Y3.74%
EPS Next 5YN/A
Revenue 1Y (TTM)-1.09%
Revenue growth 3Y-2.52%
Revenue growth 5Y10%
Sales Q2Q%-4.11%
Revenue Next Year-5.01%
Revenue Next 2Y-2.47%
Revenue Next 3Y-0.72%
Revenue Next 5YN/A
EBIT growth 1Y7.59%
EBIT growth 3Y-19.18%
EBIT growth 5Y7.03%
EBIT Next Year-8.52%
EBIT Next 3Y1.39%
EBIT Next 5YN/A
FCF growth 1Y-65.24%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-62.71%
OCF growth 3Y-86.19%
OCF growth 5YN/A
VIRTUS INVESTMENT PARTNERS / VRTS FAQ
Can you provide the ChartMill fundamental rating for VIRTUS INVESTMENT PARTNERS?
ChartMill assigns a fundamental rating of 4 / 10 to VRTS.
What is the valuation status for VRTS stock?
ChartMill assigns a valuation rating of 7 / 10 to VIRTUS INVESTMENT PARTNERS (VRTS). This can be considered as Undervalued.
What is the profitability of VRTS stock?
VIRTUS INVESTMENT PARTNERS (VRTS) has a profitability rating of 3 / 10.
How financially healthy is VIRTUS INVESTMENT PARTNERS?
The financial health rating of VIRTUS INVESTMENT PARTNERS (VRTS) is 4 / 10.
Can you provide the dividend sustainability for VRTS stock?
The dividend rating of VIRTUS INVESTMENT PARTNERS (VRTS) is 8 / 10 and the dividend payout ratio is 47.12%.