VIRTUS CONVERTIBLE & INCOME (NCZ)

US92838U1088

2.99  +0.01 (+0.34%)

Fundamental Rating

1

Taking everything into account, NCZ scores 1 out of 10 in our fundamental rating. NCZ was compared to 0 industry peers in the Unkown industry. NCZ has a bad profitability rating. Also its financial health evaluation is rather negative. NCZ does not seem to be growing, but still is valued expensively.



1

1. Profitability

1.1 Basic Checks

In the past year NCZ was profitable.
NCZ had a positive operating cash flow in the past year.
In multiple years NCZ reported negative net income over the last 5 years.
NCZ had a negative operating cash flow in each of the past 5 years.

1.2 Ratios

Industry RankSector Rank
ROA 1.14%
ROE 1.3%
ROIC 2.1%
ROA(3y)1.52%
ROA(5y)1.36%
ROE(3y)0.31%
ROE(5y)0.63%
ROIC(3y)3.2%
ROIC(5y)3.86%

1.3 Margins

In the last couple of years the Operating Margin of NCZ has declined.
In the last couple of years the Gross Margin of NCZ has declined.
Industry RankSector Rank
OM 60.26%
PM (TTM) 26.27%
GM 60.79%
OM growth 3Y-6.79%
OM growth 5Y-4.88%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-7.53%
GM growth 5Y-5.24%

2

2. Health

2.1 Basic Checks

The number of shares outstanding for NCZ remains at a similar level compared to 1 year ago.
The number of shares outstanding for NCZ has been increased compared to 5 years ago.
Compared to 1 year ago, NCZ has a worse debt to assets ratio.

2.2 Solvency

NCZ has an Altman-Z score of 1.86. This is not the best score and indicates that NCZ is in the grey zone with still only limited risk for bankruptcy at the moment.
The Debt to FCF ratio of NCZ is 3.59, which is a good value as it means it would take NCZ, 3.59 years of fcf income to pay off all of its debts.
A Debt/Equity ratio of 0.12 indicates that NCZ is not too dependend on debt financing.
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF 3.59
Altman-Z 1.86
ROIC/WACCN/A
WACCN/A

2.3 Liquidity

NCZ has a Current Ratio of 0.81. This is a bad value and indicates that NCZ is not financially healthy enough and could expect problems in meeting its short term obligations.
NCZ has a Quick Ratio of 0.81. This is a bad value and indicates that NCZ is not financially healthy enough and could expect problems in meeting its short term obligations.
Industry RankSector Rank
Current Ratio 0.81
Quick Ratio 0.81

0

3. Growth

3.1 Past

NCZ shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -76.92%.
The Revenue for NCZ has decreased by -22.50% in the past year. This is quite bad
NCZ shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -18.71% yearly.
EPS 1Y (TTM)-76.92%
EPS 3YN/A
EPS 5YN/A
EPS growth Q2Q111.24%
Revenue 1Y (TTM)-22.5%
Revenue growth 3Y-23.82%
Revenue growth 5Y-18.71%
Revenue growth Q2Q-7.32%

3.2 Future

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A

3.3 Evolution

No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.

0

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 49.83, which means the current valuation is very expensive for NCZ.
NCZ is valuated expensively when we compare the Price/Earnings ratio to 26.48, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 49.83
Fwd PE N/A

4.2 Price Multiples

Industry RankSector Rank
P/FCF 17.39
EV/EBITDA N/A

4.3 Compensation for Growth

PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A

4

5. Dividend

5.1 Amount

With a Yearly Dividend Yield of 11.30%, NCZ is a good candidate for dividend investing.
Compared to an average S&P500 Dividend Yield of 2.34, NCZ pays a better dividend.
Industry RankSector Rank
Dividend Yield 11.3%

5.2 History

NCZ has been paying a dividend for at least 10 years, so it has a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

NCZ pays out 814.20% of its income as dividend. This is not a sustainable payout ratio.
DP814.2%
EPS Next 2YN/A
EPS Next 3YN/A

VIRTUS CONVERTIBLE & INCOME

NYSE:NCZ (3/28/2024, 8:26:42 PM)

2.99

+0.01 (+0.34%)

Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap227.60M
Analysts
Price Target
Dividend
Industry RankSector Rank
Dividend Yield 11.3%
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
Industry RankSector Rank
PE 49.83
Fwd PE N/A
P/S
P/FCF
P/OCF
P/B
P/tB
EV/EBITDA
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.14%
ROE 1.3%
ROCE
ROIC
ROICexc
ROICexgc
OM 60.26%
PM (TTM) 26.27%
GM 60.79%
FCFM
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.12
Debt/FCF
Debt/EBITDA
Cap/Depr
Cap/Sales
Interest Coverage
Cash Conversion
Profit Quality
Current Ratio 0.81
Quick Ratio 0.81
Altman-Z
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)-76.92%
EPS 3YN/A
EPS 5Y
EPS growth Q2Q
EPS Next YN/A
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-22.5%
Revenue growth 3Y-23.82%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y