VIRTUS INVESTMENT PARTNERS (VRTS) Stock Fundamental Analysis
USA - NYSE:VRTS - US92828Q1094 - Common Stock
191.81 USD
-1.19 (-0.62%)
191.81 USD
0 (0%)
Overall VRTS gets a fundamental rating of 5 out of 10. We evaluated VRTS against 237 industry peers in the Capital Markets industry. VRTS has an average financial health and profitability rating. VRTS has a correct valuation and a medium growth rate. 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.
Each year in the past 5 years VRTS has been profitable.
Of the past 5 years VRTS 4 years had a positive operating cash flow.
1.2 Ratios
VRTS has a Return On Assets of 3.93%. This is comparable to the rest of the industry: VRTS outperforms 59.07% of its industry peers.
VRTS has a better Return On Equity (16.21%) than 80.17% of its industry peers.
The Return On Invested Capital of VRTS (3.90%) is comparable to the rest of the industry.
VRTS had an Average Return On Invested Capital over the past 3 years of 3.76%. This is below the industry average of 7.58%.
The last Return On Invested Capital (3.90%) for VRTS is above the 3 year average (3.76%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 16.21% | ||
| ROIC | 3.9% |
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
The Profit Margin of VRTS (16.34%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of VRTS has declined.
VRTS has a Operating Margin (20.52%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of VRTS has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.52% | ||
| PM (TTM) | 16.34% | ||
| 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
The number of shares outstanding for VRTS has been reduced compared to 1 year ago.
The number of shares outstanding for VRTS has been increased compared to 5 years ago.
Compared to 1 year ago, VRTS has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 0.87, we must say that VRTS is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.87, VRTS is in line with its industry, outperforming 48.10% of the companies in the same industry.
VRTS has a debt to FCF ratio of 71.66. This is a negative value and a sign of low solvency as VRTS would need 71.66 years to pay back of all of its debts.
VRTS has a Debt to FCF ratio of 71.66. This is comparable to the rest of the industry: VRTS outperforms 45.15% of its industry peers.
A Debt/Equity ratio of 2.51 is on the high side and indicates that VRTS has dependencies on debt financing.
The Debt to Equity ratio of VRTS (2.51) is worse than 81.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 71.66 | ||
| Altman-Z | 0.87 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 2.01 indicates that VRTS has no problem at all paying its short term obligations.
VRTS has a better Current ratio (2.01) than 71.73% of its industry peers.
VRTS has a Quick Ratio of 2.01. This indicates that VRTS is financially healthy and has no problem in meeting its short term obligations.
VRTS has a Quick ratio of 2.01. This is in the better half of the industry: VRTS outperforms 72.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 |
3. Growth
3.1 Past
VRTS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 8.82%, which is quite good.
The Earnings Per Share has been growing by 12.37% on average over the past years. This is quite good.
Looking at the last year, VRTS shows a small growth in Revenue. The Revenue has grown by 0.99% in the last year.
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)8.82%
EPS 3Y-9.8%
EPS 5Y12.37%
EPS Q2Q%-4.29%
Revenue 1Y (TTM)0.99%
Revenue growth 3Y-2.52%
Revenue growth 5Y10%
Sales Q2Q%-5.91%
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 3.53% on average per year.
Based on estimates for the next years, VRTS will show a decrease in Revenue. The Revenue will decrease by -0.96% on average per year.
EPS Next Y-0.52%
EPS Next 2Y2.05%
EPS Next 3Y3.53%
EPS Next 5YN/A
Revenue Next Year-4.57%
Revenue Next 2Y-1.65%
Revenue Next 3Y-0.96%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 7.27, the valuation of VRTS can be described as very cheap.
85.23% of the companies in the same industry are more expensive than VRTS, based on the Price/Earnings ratio.
When comparing the Price/Earnings ratio of VRTS to the average of the S&P500 Index (27.53), we can say VRTS is valued rather cheaply.
VRTS is valuated cheaply with a Price/Forward Earnings ratio of 6.99.
VRTS's Price/Forward Earnings ratio is rather cheap when compared to the industry. VRTS is cheaper than 89.87% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.04, VRTS is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 6.99 |
4.2 Price Multiples
VRTS's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. VRTS is cheaper than 83.12% of the companies in the same industry.
The rest of the industry has a similar Price/Free Cash Flow ratio as VRTS.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 41.19 | ||
| EV/EBITDA | 13.67 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.59
EPS Next 2Y2.05%
EPS Next 3Y3.53%
5. Dividend
5.1 Amount
VRTS has a Yearly Dividend Yield of 4.95%, which is a nice return.
VRTS's Dividend Yield is comparable with the industry average which is at 8.29.
VRTS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
5.2 History
On average, the dividend of VRTS grows each year by 17.66%, which is quite nice.
VRTS has been paying a dividend for at least 10 years, so it has 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 43.01% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of VRTS is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP43.01%
EPS Next 2Y2.05%
EPS Next 3Y3.53%
191.81
-1.19 (-0.62%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners84.05%
Inst Owner Change-0.04%
Ins Owners5.83%
Ins Owner Change0.74%
Market Cap1.29B
Analysts46.67
Price Target198.65 (3.57%)
Short Float %2.4%
Short Ratio1.99
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.95% |
Yearly Dividend8.27
Dividend Growth(5Y)17.66%
DP43.01%
Div Incr Years7
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.23%
Min EPS beat(2)-1.33%
Max EPS beat(2)3.8%
EPS beat(4)1
Avg EPS beat(4)0.32%
Min EPS beat(4)-1.33%
Max EPS beat(4)3.8%
EPS beat(8)2
Avg EPS beat(8)-0.56%
EPS beat(12)4
Avg EPS beat(12)-1.14%
EPS beat(16)5
Avg EPS beat(16)-1.21%
Revenue beat(2)0
Avg Revenue beat(2)-3.44%
Min Revenue beat(2)-3.81%
Max Revenue beat(2)-3.08%
Revenue beat(4)0
Avg Revenue beat(4)-3.05%
Min Revenue beat(4)-3.81%
Max Revenue beat(4)-1.95%
Revenue beat(8)0
Avg Revenue beat(8)-3.36%
Revenue beat(12)2
Avg Revenue beat(12)-0.54%
Revenue beat(16)6
Avg Revenue beat(16)2.59%
PT rev (1m)0%
PT rev (3m)15.58%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.27%
EPS NY rev (1m)0%
EPS NY rev (3m)1.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.51%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.56%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.27 | ||
| Fwd PE | 6.99 | ||
| P/S | 1.46 | ||
| P/FCF | 41.19 | ||
| P/OCF | 33.81 | ||
| P/B | 1.44 | ||
| P/tB | 8.81 | ||
| EV/EBITDA | 13.67 |
EPS(TTM)26.4
EY13.76%
EPS(NY)27.45
Fwd EY14.31%
FCF(TTM)4.66
FCFY2.43%
OCF(TTM)5.67
OCFY2.96%
SpS131.7
BVpS132.8
TBVpS21.77
PEG (NY)N/A
PEG (5Y)0.59
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.93% | ||
| ROE | 16.21% | ||
| ROCE | 5.23% | ||
| ROIC | 3.9% | ||
| ROICexc | 4.1% | ||
| ROICexgc | 5.3% | ||
| OM | 20.52% | ||
| PM (TTM) | 16.34% | ||
| GM | N/A | ||
| FCFM | 3.54% |
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%
ROICexcg growth 3Y-77.85%
ROICexcg 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 Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 71.66 | ||
| Debt/EBITDA | 9.13 | ||
| Cap/Depr | 10.66% | ||
| Cap/Sales | 0.77% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 15.52% | ||
| Profit Quality | 21.64% | ||
| Current Ratio | 2.01 | ||
| Quick Ratio | 2.01 | ||
| Altman-Z | 0.87 |
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)8.82%
EPS 3Y-9.8%
EPS 5Y12.37%
EPS Q2Q%-4.29%
EPS Next Y-0.52%
EPS Next 2Y2.05%
EPS Next 3Y3.53%
EPS Next 5YN/A
Revenue 1Y (TTM)0.99%
Revenue growth 3Y-2.52%
Revenue growth 5Y10%
Sales Q2Q%-5.91%
Revenue Next Year-4.57%
Revenue Next 2Y-1.65%
Revenue Next 3Y-0.96%
Revenue Next 5YN/A
EBIT growth 1Y13.56%
EBIT growth 3Y-19.18%
EBIT growth 5Y7.03%
EBIT Next Year-0.64%
EBIT Next 3Y0.73%
EBIT Next 5YN/A
FCF growth 1Y-83.66%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-80.57%
OCF growth 3Y-86.19%
OCF growth 5YN/A