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VRTS Virtus Investment Partners Inc

Price (delayed)

$194.56

Market cap

$1.37B

P/E Ratio

11.61

Dividend/share

$8.3

EPS

$16.76

Enterprise value

$3.23B

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 stock's P/E is 16% below its last 4 quarters average of 13.9 and 8% below its 5-year quarterly average of 12.6
The revenue has grown by 7% YoY
VRTS's net income is down by 12% year-on-year but it is up by 9% since the previous quarter
Virtus Investment Partners's EPS has increased by 10% QoQ but it has decreased by 10% YoY

Key stats

What are the main financial stats of VRTS
Market
Shares outstanding
7.02M
Market cap
$1.37B
Enterprise value
$3.23B
Valuations
Price to earnings (P/E)
11.61
Price to book (P/B)
1.55
Price to sales (P/S)
1.55
EV/EBIT
9.1
EV/EBITDA
7.59
EV/Sales
3.64
Earnings
Revenue
$888.04M
Gross profit
$888.04M
Operating income
$164.72M
Net income
$119.29M
EBIT
$355.26M
EBITDA
$425.53M
Free cash flow
$105.84M
Per share
EPS
$16.76
EPS diluted
$16.45
Free cash flow per share
$14.97
Book value per share
$125.53
Revenue per share
$125.59
TBVPS
$398.23
Balance sheet
Total assets
$3.6B
Total liabilities
$2.61B
Debt
$2.18B
Equity
$889.05M
Working capital
N/A
Liquidity
Debt to equity
2.45
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
4.38
Margins
EBITDA margin
47.9%
Gross margin
100%
Net margin
13.4%
Operating margin
18.5%
Efficiency
Return on assets
3.3%
Return on equity
13.7%
Return on invested capital
7.6%
Return on capital employed
N/A
Return on sales
40%
Dividend
Dividend yield
4.27%
DPS
$8.3
Payout ratio
49.5%

VRTS stock price

How has the Virtus Investment Partners stock price performed over time
Intraday
-1%
1 week
-8.31%
1 month
-11.6%
1 year
-15.77%
YTD
-11.8%
QTD
-11.8%

Financial performance

How have Virtus Investment Partners's revenue and profit performed over time
Revenue
$888.04M
Gross profit
$888.04M
Operating income
$164.72M
Net income
$119.29M
Gross margin
100%
Net margin
13.4%
The company's net margin fell by 18% YoY but it rose by 8% QoQ
VRTS's operating income is up by 16% YoY and by 4% QoQ
VRTS's net income is down by 12% year-on-year but it is up by 9% since the previous quarter
VRTS's operating margin is up by 8% YoY and by 2.8% QoQ

Growth

What is Virtus Investment Partners's growth rate over time

Valuation

What is Virtus Investment Partners stock price valuation
P/E
11.61
P/B
1.55
P/S
1.55
EV/EBIT
9.1
EV/EBITDA
7.59
EV/Sales
3.64
The stock's P/E is 16% below its last 4 quarters average of 13.9 and 8% below its 5-year quarterly average of 12.6
Virtus Investment Partners's EPS has increased by 10% QoQ but it has decreased by 10% YoY
VRTS's price to book (P/B) is 18% less than its 5-year quarterly average of 1.9 and 18% less than its last 4 quarters average of 1.9
The company's equity rose by 3.1% YoY and by 2.3% QoQ
The P/S is 18% lower than the 5-year quarterly average of 1.9 and 18% lower than the last 4 quarters average of 1.9
The revenue has grown by 7% YoY

Efficiency

How efficient is Virtus Investment Partners business performance
Virtus Investment Partners's ROE has decreased by 15% YoY but it has increased by 9% from the previous quarter
The return on assets has increased by 10% since the previous quarter but it has declined by 8% year-on-year
Virtus Investment Partners's return on sales has decreased by 4.5% YoY but it has increased by 2.8% QoQ
The ROIC has grown by 4.1% from the previous quarter and by 4.1% YoY

Dividends

What is VRTS's dividend history
DPS
$8.3
Dividend yield
4.27%
Payout ratio
49.5%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Virtus Investment Partners financials performed over time
Virtus Investment Partners's total assets is 38% higher than its total liabilities
VRTS's total liabilities is down by 7% YoY
Virtus Investment Partners's total assets has decreased by 4.3% YoY
The company's debt is 145% higher than its equity
The debt to equity has declined by 5% since the previous quarter and by 4.7% year-on-year
The company's equity rose by 3.1% YoY and by 2.3% QoQ

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