VIRTUS INVESTMENT PARTNERS (VRTS) Stock Fundamental Analysis
USA - NYSE:VRTS - US92828Q1094 - Common Stock
198.05 USD
-3.53 (-1.75%)
198.05 USD
0 (0%)
Taking everything into account, VRTS scores 5 out of 10 in our fundamental rating. VRTS was compared to 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of VRTS get a neutral evaluation. Nothing too spectacular is happening here. VRTS is not valued too expensively and it also shows a decent growth rate. VRTS also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
VRTS had positive earnings in the past year.
VRTS had a positive operating cash flow in the past year.
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
With a Return On Assets value of 3.93%, VRTS perfoms like the industry average, outperforming 59.49% of the companies in the same industry.
VRTS has a Return On Equity of 16.21%. This is amongst the best in the industry. VRTS outperforms 80.59% of its industry peers.
VRTS has a Return On Invested Capital (3.90%) which is in line with its industry peers.
VRTS had an Average Return On Invested Capital over the past 3 years of 3.76%. This is below the industry average of 7.61%.
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
VRTS has a Profit Margin of 16.34%. This is comparable to the rest of the industry: VRTS outperforms 51.05% of its industry peers.
In the last couple of years the Profit Margin of VRTS has declined.
Looking at the Operating Margin, with a value of 20.52%, VRTS is in line with its industry, outperforming 43.46% of the companies in the same industry.
VRTS's Operating Margin has declined in the last couple of years.
| 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
VRTS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, VRTS has more shares outstanding
Compared to 1 year ago, VRTS has a worse debt to assets ratio.
2.2 Solvency
VRTS has an Altman-Z score of 0.87. This is a bad value and indicates that VRTS is not financially healthy and even has some risk of bankruptcy.
VRTS's Altman-Z score of 0.87 is in line compared to the rest of the industry. VRTS outperforms 49.37% of its industry peers.
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.
The Debt to FCF ratio of VRTS (71.66) is comparable to the rest of the industry.
A Debt/Equity ratio of 2.51 is on the high side and indicates that VRTS has dependencies on debt financing.
VRTS has a Debt to Equity ratio of 2.51. This is amonst the worse of the industry: VRTS underperforms 81.43% 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
VRTS has a Current Ratio of 2.01. This indicates that VRTS is financially healthy and has no problem in meeting 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.
The Quick ratio of VRTS (2.01) is better than 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.
VRTS shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.37% yearly.
VRTS shows a small growth in Revenue. In the last year, the Revenue has grown by 0.99%.
Measured over the past years, VRTS shows a quite strong growth in Revenue. The Revenue has been growing by 10.00% on average per year.
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
VRTS is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.53% yearly.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 7.50, the valuation of VRTS can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of VRTS indicates a rather cheap valuation: VRTS is cheaper than 88.19% of the companies listed in the same industry.
VRTS is valuated cheaply when we compare the Price/Earnings ratio to 27.30, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 7.21, the valuation of VRTS can be described as very cheap.
Based on the Price/Forward Earnings ratio, VRTS is valued cheaper than 92.41% of the companies 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 22.73.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 7.21 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of VRTS indicates a rather cheap valuation: VRTS is cheaper than 82.70% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VRTS is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 42.53 | ||
| EV/EBITDA | 13.85 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)0.61
EPS Next 2Y2.05%
EPS Next 3Y3.53%
5. Dividend
5.1 Amount
VRTS has a Yearly Dividend Yield of 4.76%, which is a nice return.
Compared to an average industry Dividend Yield of 7.96, VRTS has a dividend in line with its industry peers.
VRTS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)17.66%
Div Incr Years7
Div Non Decr Years10
5.3 Sustainability
43.01% of the earnings are spent on dividend by VRTS. 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.
DP43.01%
EPS Next 2Y2.05%
EPS Next 3Y3.53%
198.05
-3.53 (-1.75%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners83.91%
Inst Owner Change-0.51%
Ins Owners5.69%
Ins Owner Change0.74%
Market Cap1.34B
Analysts46.67
Price Target198.65 (0.3%)
Short Float %1.9%
Short Ratio1.08
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.76% |
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)6.71%
EPS NY rev (1m)1.52%
EPS NY rev (3m)3.62%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.51%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)2.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.5 | ||
| Fwd PE | 7.21 | ||
| P/S | 1.5 | ||
| P/FCF | 42.53 | ||
| P/OCF | 34.91 | ||
| P/B | 1.49 | ||
| P/tB | 9.1 | ||
| EV/EBITDA | 13.85 |
EPS(TTM)26.4
EY13.33%
EPS(NY)27.45
Fwd EY13.86%
FCF(TTM)4.66
FCFY2.35%
OCF(TTM)5.67
OCFY2.86%
SpS131.7
BVpS132.8
TBVpS21.77
PEG (NY)N/A
PEG (5Y)0.61
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-2.18%
EBIT Next 3Y-0.19%
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