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VEL Velocity Financial Inc
- Stocks
- Financial Services
- NYSE: VEL
Price (delayed)
$18.64
Market cap
$680.2M
P/E Ratio
8.88
Dividend/share
N/A
EPS
$2.1
Enterprise value
$5.86B
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
VEL's gross profit is up by 32% YoY and by 6% QoQ
Velocity Financial's revenue has increased by 32% YoY and by 6% from the previous quarter
The debt has increased by 30% year-on-year and by 8% since the previous quarter
Key stats
What are the main financial stats of VEL
Market
Valuations
Earnings
Shares outstanding
36.49M
Market cap
$680.2M
Enterprise value
$5.86B
Price to earnings (P/E)
8.88
Price to book (P/B)
1.13
Price to sales (P/S)
2.5
EV/EBIT
58.38
EV/EBITDA
57.19
EV/Sales
23.35
Revenue
$250.87M
Gross profit
$250.87M
Operating income
$100.05M
Net income
$70.06M
EBIT
$100.32M
EBITDA
$102.4M
Free cash flow
$30.36M
Per share
Balance sheet
Liquidity
EPS
$2.1
EPS diluted
$1.94
Free cash flow per share
$0.9
Book value per share
$16.56
Revenue per share
$7.45
TBVPS
$177.06
Total assets
$5.97B
Total liabilities
$5.41B
Debt
$5.25B
Equity
$563.19M
Working capital
N/A
Debt to equity
9.32
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
50.55
Margins
Efficiency
Dividend
EBITDA margin
40.8%
Gross margin
100%
Net margin
27.9%
Operating margin
39.9%
Return on assets
1.3%
Return on equity
13.6%
Return on invested capital
1%
Return on capital employed
N/A
Return on sales
40%
Dividend yield
N/A
DPS
N/A
Payout ratio
N/A
VEL stock price
How has the Velocity Financial stock price performed over time
Intraday
1.25%
1 week
-0.85%
1 month
10.75%
1 year
0.32%
YTD
-4.7%
QTD
0.54%
Financial performance
How have Velocity Financial's revenue and profit performed over time
Revenue
$250.87M
Gross profit
$250.87M
Operating income
$100.05M
Net income
$70.06M
Gross margin
100%
Net margin
27.9%
VEL's gross profit is up by 32% YoY and by 6% QoQ
Velocity Financial's revenue has increased by 32% YoY and by 6% from the previous quarter
Velocity Financial's operating income has increased by 26% YoY and by 3.8% QoQ
Velocity Financial's net income has increased by 19% YoY and by 2.4% 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
P/E
8.88
P/B
1.13
P/S
2.5
EV/EBIT
58.38
EV/EBITDA
57.19
EV/Sales
23.35
The EPS has grown by 17% YoY
The P/E is 15% below the 5-year quarterly average of 10.4 and 7% below the last 4 quarters average of 9.5
Velocity Financial's equity has increased by 24% YoY and by 9% from the previous quarter
The P/B is 13% above the 5-year quarterly average of 1.0 but 6% below the last 4 quarters average of 1.2
Velocity Financial's revenue has increased by 32% YoY and by 6% from the previous quarter
VEL's price to sales (P/S) is 14% lower than its 5-year quarterly average of 2.9 and 11% lower than its last 4 quarters average of 2.8
Efficiency
How efficient is Velocity Financial business performance
VEL's ROA is down by 7% YoY
The ROS has contracted by 4.8% YoY
VEL's ROE is down by 2.9% 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 30% YoY and by 8% QoQ
The total assets has grown by 29% YoY and by 8% from the previous quarter
The debt has increased by 30% year-on-year and by 8% since the previous quarter
Velocity Financial's equity has increased by 24% YoY and by 9% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.