VRTS Virtus Investment Partners Inc

Price (delayed)

$220

Market cap

$1.57B

P/E Ratio

13.03

Dividend/share

$7.35

EPS

$16.89

Enterprise value

$3.5B

Virtus Investment Partners is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services ...

Highlights
The company's debt fell by 6% YoY
The revenue has grown by 4.5% YoY and by 2.9% from the previous quarter
VRTS's net income is down by 7% since the previous quarter
The stock's P/E is 7% above its 5-year quarterly average of 12.2 and 5% above its last 4 quarters average of 12.4

Key stats

What are the main financial stats of VRTS
Market
Shares outstanding
7.13M
Market cap
$1.57B
Enterprise value
$3.5B
Valuations
Price to book (P/B)
1.79
Price to sales (P/S)
1.8
EV/EBIT
9.95
EV/EBITDA
8.28
EV/Sales
4.02
Earnings
Revenue
$869.44M
EBIT
$351.32M
EBITDA
$422.01M
Free cash flow
$236.29M
Per share
EPS
$16.89
Free cash flow per share
$33.19
Book value per share
$122.98
Revenue per share
$122.13
TBVPS
$384.08
Balance sheet
Total assets
$3.55B
Total liabilities
$2.56B
Debt
$2.18B
Equity
$871.65M
Working capital
N/A
Liquidity
Debt to equity
2.5
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.57
Margins
EBITDA margin
48.5%
Gross margin
100%
Net margin
14%
Operating margin
17.2%
Efficiency
Return on assets
3.3%
Return on equity
14.1%
Return on invested capital
7.5%
Return on capital employed
N/A
Return on sales
40.4%
Dividend
Dividend yield
3.34%
DPS
$7.35
Payout ratio
43.5%

VRTS stock price

How has the Virtus Investment Partners stock price performed over time
Intraday
1.23%
1 week
3.07%
1 month
-5.73%
1 year
5.5%
YTD
-9%
QTD
-11.28%

Financial performance

How have Virtus Investment Partners's revenue and profit performed over time
Revenue
$869.44M
Gross profit
$869.44M
Operating income
$149.7M
Net income
$121.86M
Gross margin
100%
Net margin
14%
VRTS's operating margin is down by 15% YoY
VRTS's operating income is down by 11% YoY but it is up by 2.6% QoQ
The company's net margin fell by 10% QoQ and by 5% YoY
VRTS's net income is down by 7% since the previous quarter

Growth

What is Virtus Investment Partners's growth rate over time

Valuation

What is Virtus Investment Partners stock price valuation
P/E
13.03
P/B
1.79
P/S
1.8
EV/EBIT
9.95
EV/EBITDA
8.28
EV/Sales
4.02
The stock's P/E is 7% above its 5-year quarterly average of 12.2 and 5% above its last 4 quarters average of 12.4
Virtus Investment Partners's EPS has decreased by 6% QoQ
VRTS's price to book (P/B) is 6% less than its last 4 quarters average of 1.9
The company's equity rose by 4% YoY
The revenue has grown by 4.5% YoY and by 2.9% from the previous quarter
The P/S is 5% lower than the last 4 quarters average of 1.9

Efficiency

How efficient is Virtus Investment Partners business performance
The ROIC has grown by 21% YoY
Virtus Investment Partners's return on sales has increased by 15% YoY but it has decreased by 3.6% QoQ
Virtus Investment Partners's ROE has decreased by 8% from the previous quarter and by 7% YoY
The return on assets has declined by 6% since the previous quarter

Dividends

What is VRTS's dividend history
DPS
$7.35
Dividend yield
3.34%
Payout ratio
43.5%
Recent dividends

Financial health

How did Virtus Investment Partners financials performed over time
Virtus Investment Partners's total assets is 39% higher than its total liabilities
VRTS's total liabilities is down by 7% YoY and by 5% QoQ
Virtus Investment Partners's total assets has decreased by 4.1% YoY and by 3.5% QoQ
The company's debt is 150% higher than its equity
The debt to equity has declined by 9% year-on-year
The company's debt fell by 6% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.