VRTS Virtus Investment Partners Inc

Price (delayed)

$247.98

Market cap

$1.76B

P/E Ratio

13.76

Dividend/share

$7.1

EPS

$18.02

Enterprise value

$3.59B

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 7% YoY
The company's equity rose by 6% YoY
Virtus Investment Partners's EPS has increased by 13% YoY but it has decreased by 3% QoQ
VRTS's net income is up by 11% year-on-year but it is down by 3.4% since the previous quarter
The stock's P/E is 20% above its last 4 quarters average of 11.5 and 15% above its 5-year quarterly average of 12.0
The revenue has contracted by 4.6% YoY

Key stats

What are the main financial stats of VRTS
Market
Shares outstanding
7.09M
Market cap
$1.76B
Enterprise value
$3.59B
Valuations
Price to book (P/B)
2.06
Price to sales (P/S)
2.13
EV/EBIT
10.13
EV/EBITDA
8.49
EV/Sales
4.25
Earnings
Revenue
$845.27M
EBIT
$354.48M
EBITDA
$422.91M
Free cash flow
$228.34M
Per share
EPS
$18.02
Free cash flow per share
$31.5
Book value per share
$120.24
Revenue per share
$116.6
TBVPS
$393.08
Balance sheet
Total assets
$3.68B
Total liabilities
$2.71B
Debt
$2.18B
Equity
$863.93M
Working capital
N/A
Liquidity
Debt to equity
2.52
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.34
Margins
EBITDA margin
50%
Gross margin
100%
Net margin
15.5%
Operating margin
17.3%
Efficiency
Return on assets
3.5%
Return on equity
15.3%
Return on invested capital
7.5%
Return on capital employed
N/A
Return on sales
41.9%
Dividend
Dividend yield
2.86%
DPS
$7.1
Payout ratio
39.4%

VRTS stock price

How has the Virtus Investment Partners stock price performed over time
Intraday
0.15%
1 week
0.82%
1 month
8.4%
1 year
40.81%
YTD
2.57%
QTD
2.57%

Financial performance

How have Virtus Investment Partners's revenue and profit performed over time
Revenue
$845.27M
Gross profit
$845.27M
Operating income
$145.97M
Net income
$130.62M
Gross margin
100%
Net margin
15.5%
VRTS's operating income is down by 29% YoY but it is up by 2.7% QoQ
VRTS's operating margin is down by 25% YoY
The company's net margin rose by 17% YoY but it fell by 4.9% QoQ
VRTS's net income is up by 11% year-on-year but it is down by 3.4% 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
13.76
P/B
2.06
P/S
2.13
EV/EBIT
10.13
EV/EBITDA
8.49
EV/Sales
4.25
The stock's P/E is 20% above its last 4 quarters average of 11.5 and 15% above its 5-year quarterly average of 12.0
Virtus Investment Partners's EPS has increased by 13% YoY but it has decreased by 3% QoQ
VRTS's price to book (P/B) is 14% more than its 5-year quarterly average of 1.8 and 14% more than its last 4 quarters average of 1.8
The company's equity rose by 6% YoY
The P/S is 18% higher than the 5-year quarterly average of 1.8 and 18% higher than the last 4 quarters average of 1.8
The revenue has contracted by 4.6% YoY

Efficiency

How efficient is Virtus Investment Partners business performance
Virtus Investment Partners's return on sales has increased by 38% YoY
The ROIC has grown by 29% YoY and by 2.7% from the previous quarter
The return on assets has increased by 9% year-on-year but it has declined by 2.8% since the previous quarter
Virtus Investment Partners's ROE has decreased by 5% from the previous quarter but it has increased by 4.8% YoY

Dividends

What is VRTS's dividend history
DPS
$7.1
Dividend yield
2.86%
Payout ratio
39.4%
Recent dividends

Financial health

How did Virtus Investment Partners financials performed over time
Virtus Investment Partners's total assets is 36% higher than its total liabilities
VRTS's total liabilities is down by 10% YoY and by 3.4% QoQ
Virtus Investment Partners's total assets has decreased by 7% YoY and by 2.3% QoQ
The company's debt is 152% higher than its equity
The debt to equity has declined by 12% year-on-year
The company's debt fell by 7% YoY

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