VEL Velocity Financial Inc

  1. Stocks
  2. Financial Services
  3. NYSE: VEL

Price (delayed)

$17.45

Market cap

$685M

P/E Ratio

6.19

Dividend/share

N/A

EPS

$2.82

Enterprise value

$7.29B

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Relative Growth: Rel. Growth: 92
Relative Strength: Rel. Strength: 36
Relative Valuation: Rel. Valuation: 85
Relative Profitability: Rel. Profitability: 93

Based in Westlake Village, California, Velocity is a vertically integrated real estate finance company that primarily originates and manages investor loans secured by 1-4 unit residential rental and small commercial ...

Highlights
Velocity Financial's net income has surged by 55% YoY and by 3.3% QoQ
Velocity Financial's revenue has increased by 43% YoY and by 4.7% from the previous quarter
The debt has increased by 28% year-on-year and by 2.8% since the previous quarter
Sector: Financial Services
Industry: Mortgage Finance
Website: http://www.velfinance.com
Peers: LDI IVR

Key stats

What are the main financial stats of VEL

VEL stock price

How has the Velocity Financial stock price performed over time
Intraday
1.87%
1 week
-0.85%
1 month
-8.78%
1 year
3.75%
YTD
-15.94%
QTD
-3.54%

Financial performance

How have Velocity Financial's revenue and profit performed over time
Revenue
$359.73M
Gross profit
$359.73M
Operating income
$150.22M
Net income
$108.53M
Gross margin
100%
Net margin
30.2%
Velocity Financial's net income has surged by 55% YoY and by 3.3% QoQ
Velocity Financial's operating income has surged by 50% YoY and by 2.7% QoQ
Velocity Financial's revenue has increased by 43% YoY and by 4.7% from the previous quarter
VEL's gross profit is up by 43% YoY and by 4.7% QoQ

Price vs fundamentals

How does VEL's price correlate with its fundamentals

Growth

What is Velocity Financial's growth rate over time

Valuation

What is Velocity Financial stock price valuation
VEL P/E details
P/E
6.19
P/B
0.99
P/S
1.87
EV/EBIT
48.59
EV/EBITDA
48.04
EV/Sales
20.28
The P/E is 38% below the 5-year quarterly average of 9.8 and 16% below the last 4 quarters average of 7.2
The EPS has grown by 34% YoY
Velocity Financial's equity has increased by 23% YoY and by 3.1% from the previous quarter
The P/B is 12% below the 5-year quarterly average of 1.1 and 12% below the last 4 quarters average of 1.1
Velocity Financial's revenue has increased by 43% YoY and by 4.7% from the previous quarter
VEL's price to sales (P/S) is 37% lower than its 5-year quarterly average of 2.9 and 16% lower than its last 4 quarters average of 2.2

Efficiency

How efficient is Velocity Financial business performance
VEL's ROE is up by 21% YoY
VEL's ROA is up by 15% YoY
The ROIC has grown by 10% YoY but it has contracted by 8% from the previous quarter
The ROS has grown by 4.3% YoY but it has contracted by 2.1% from the previous quarter

Dividends

What is VEL's dividend
DPS
N/A
Dividend yield
N/A
Payout ratio
N/A

There are no recent dividends present for VEL.

Financial health

How did Velocity Financial financials performed over time
The total assets is 10% more than the total liabilities
The company's total liabilities rose by 28% YoY and by 2.8% QoQ
The total assets has grown by 27% YoY and by 2.8% from the previous quarter
The debt has increased by 28% year-on-year and by 2.8% since the previous quarter
Velocity Financial's equity has increased by 23% YoY and by 3.1% from the previous quarter

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