VEL Velocity Financial Inc

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

Price (delayed)

$18.01

Market cap

$711.06M

P/E Ratio

6.5

Dividend/share

N/A

EPS

$2.77

Enterprise value

$7.52B

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Relative Growth: Rel. Growth: 91
Relative Strength: Rel. Strength: 37
Relative Valuation: Rel. Valuation: 81
Relative Profitability: Rel. Profitability: 88

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 increased by 33% YoY
The P/E is 32% below the 5-year quarterly average of 9.5 and 6% below the last 4 quarters average of 6.9
The debt has increased by 24% year-on-year and by 4.9% 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
-0.39%
1 week
-1.8%
1 month
1.24%
1 year
-5.56%
YTD
-13.25%
QTD
-2.44%

Financial performance

How have Velocity Financial's revenue and profit performed over time
Revenue
$368.88M
Gross profit
$368.88M
Operating income
$151.54M
Net income
$107.7M
Gross margin
100%
Net margin
29.2%
Velocity Financial's net income has increased by 33% YoY
Velocity Financial's operating income has increased by 33% YoY
VEL's gross profit is up by 31% YoY and by 2.5% QoQ
Velocity Financial's revenue has increased by 31% YoY and by 2.5% from the previous quarter

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
6.5
P/B
0.98
P/S
1.89
EV/EBIT
49.78
EV/EBITDA
49.21
EV/Sales
20.38
The P/E is 32% below the 5-year quarterly average of 9.5 and 6% below the last 4 quarters average of 6.9
The EPS has grown by 18% YoY
Velocity Financial's equity has increased by 21% YoY and by 4.1% from the previous quarter
The P/B is 11% below the 5-year quarterly average of 1.1 and 11% below the last 4 quarters average of 1.1
VEL's price to sales (P/S) is 33% lower than its 5-year quarterly average of 2.8 and 10% lower than its last 4 quarters average of 2.1
Velocity Financial's revenue has increased by 31% YoY and by 2.5% from the previous quarter

Efficiency

How efficient is Velocity Financial business performance
VEL's ROA is down by 7% from the previous quarter
VEL's ROE is down by 5% from the previous quarter but it is up by 4.7% YoY

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 23% YoY and by 5% QoQ
The total assets has grown by 23% YoY and by 4.9% from the previous quarter
The debt has increased by 24% year-on-year and by 4.9% since the previous quarter
Velocity Financial's equity has increased by 21% YoY and by 4.1% from the previous quarter

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