VEL Velocity Financial Inc

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

Price (delayed)

$17.15

Market cap

$565.35M

P/E Ratio

10.72

Dividend/share

N/A

EPS

$1.6

Enterprise value

$4.35B

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
The EPS has soared by 62% YoY and by 20% from the previous quarter
Velocity Financial's revenue has soared by 62% YoY and by 13% from the previous quarter
The P/E is 20% above the last 4 quarters average of 8.9
The debt has increased by 17% year-on-year and by 7% since the previous quarter
Sector: Financial Services
Industry: Mortgage Finance
Website: http://www.velfinance.com
Peers: LDI

Key stats

What are the main financial stats of VEL
Market
Shares outstanding
32.97M
Market cap
$565.35M
Enterprise value
$4.35B
Valuations
Price to earnings (P/E)
10.72
Price to book (P/B)
1.3
Price to sales (P/S)
3.22
EV/EBIT
61.11
EV/EBITDA
59.2
EV/Sales
25.3
Earnings
Revenue
$171.75M
EBIT
$71.11M
EBITDA
$73.4M
Free cash flow
$48.66M
Per share
EPS
$1.6
Free cash flow per share
$1.51
Book value per share
$13.22
Revenue per share
$5.33
TBVPS
$136.55
Balance sheet
Total assets
$4.4B
Total liabilities
$3.97B
Debt
$3.84B
Equity
$433.44M
Working capital
N/A
Liquidity
Debt to equity
8.86
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
51.5
Margins
EBITDA margin
42.7%
Gross margin
100%
Net margin
30.4%
Operating margin
41.4%
Efficiency
Return on assets
1.3%
Return on equity
12.6%
Return on invested capital
0.9%
Return on capital employed
N/A
Return on sales
41.4%
Dividend
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
0%
1 week
1.66%
1 month
-2%
1 year
94.89%
YTD
-0.41%
QTD
-4.72%

Financial performance

How have Velocity Financial's revenue and profit performed over time
Revenue
$171.75M
Gross profit
$171.75M
Operating income
$71.13M
Net income
$52.27M
Gross margin
100%
Net margin
30.4%
Velocity Financial's revenue has soared by 62% YoY and by 13% from the previous quarter
VEL's gross profit has soared by 62% YoY and by 13% QoQ
Velocity Financial's net income has surged by 62% YoY and by 21% QoQ
Velocity Financial's operating income has surged by 60% YoY and by 18% QoQ

Growth

What is Velocity Financial's growth rate over time

Valuation

What is Velocity Financial stock price valuation
VEL P/E details
P/E
10.72
P/B
1.3
P/S
3.22
EV/EBIT
61.11
EV/EBITDA
59.2
EV/Sales
25.3
The EPS has soared by 62% YoY and by 20% from the previous quarter
The P/E is 20% above the last 4 quarters average of 8.9
The P/B is 44% above the 5-year quarterly average of 0.9 and 30% above the last 4 quarters average of 1.0
Velocity Financial's equity has increased by 15% YoY and by 4.1% from the previous quarter
Velocity Financial's revenue has soared by 62% YoY and by 13% from the previous quarter
VEL's price to sales (P/S) is 19% higher than its last 4 quarters average of 2.7 and 15% higher than its 5-year quarterly average of 2.8

Efficiency

How efficient is Velocity Financial business performance
VEL's ROA is up by 44% YoY and by 18% from the previous quarter
VEL's ROE is up by 43% YoY and by 17% from the previous quarter
The ROIC has grown by 29% YoY and by 13% from the previous quarter
The ROS has grown by 4.3% 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 11% more than the total liabilities
The company's total liabilities rose by 18% YoY and by 7% QoQ
The total assets has grown by 17% YoY and by 7% from the previous quarter
The debt has increased by 17% year-on-year and by 7% since the previous quarter
Velocity Financial's equity has increased by 15% 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.