VEL Velocity Financial Inc

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

Price (delayed)

$14.73

Market cap

$581.56M

P/E Ratio

5.32

Dividend/share

N/A

EPS

$2.77

Enterprise value

$7.39B

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Relative Growth: Rel. Growth: 91
Relative Strength: Rel. Strength: 25
Relative Valuation: Rel. Valuation: 83
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
The P/E is 43% below the 5-year quarterly average of 9.4 and 23% below the last 4 quarters average of 6.9
Velocity Financial's net income has increased by 33% YoY
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
-1.21%
1 week
0.96%
1 month
-18.66%
1 year
-18.71%
YTD
-29.05%
QTD
-1.93%

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
Velocity Financial's revenue has increased by 31% YoY and by 2.5% from the previous quarter
VEL's gross profit is up by 31% YoY and by 2.5% 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
5.32
P/B
0.8
P/S
1.55
EV/EBIT
48.92
EV/EBITDA
48.36
EV/Sales
20.03
The P/E is 43% below the 5-year quarterly average of 9.4 and 23% below the last 4 quarters average of 6.9
The EPS has grown by 18% YoY
The P/B is 27% below the 5-year quarterly average of 1.1 and 27% below the last 4 quarters average of 1.1
Velocity Financial's equity has increased by 21% YoY and by 4.1% from the previous quarter
VEL's price to sales (P/S) is 45% lower than its 5-year quarterly average of 2.8 and 26% 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.