VIRTUS EQUITY & CONVERTIBLE (NIE) Stock Price, Forecast & Analysis
USA - New York Stock Exchange - NYSE:NIE - US92841M1018
25.64 USD
+0.28 (+1.1%)
24.66 USD
-0.98 (-3.82%)
NIE gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 0 industry peers in the Unkown industry. The financial health of NIE is average, but there are quite some concerns on its profitability. NIE is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
NIE had positive earnings in the past year.
In the past year NIE had a positive cash flow from operations.
Of the past 5 years NIE 4 years were profitable.
In multiple years NIE reported negative operating cash flow during the last 5 years.
1.2 Ratios
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 14.27% | ||
| ROIC | 0.52% |
ROA(3y)4.75%
ROA(5y)9.43%
ROE(3y)4.82%
ROE(5y)9.54%
ROIC(3y)0.53%
ROIC(5y)N/A
1.3 Margins
In the last couple of years the Profit Margin of NIE has grown nicely.
NIE's Operating Margin has improved in the last couple of years.
In the last couple of years the Gross Margin of NIE has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 39.47% | ||
| PM (TTM) | 852.09% | ||
| GM | 37.46% |
OM growth 3YN/A
OM growth 5Y2.1%
PM growth 3Y0.87%
PM growth 5Y1.99%
GM growth 3YN/A
GM growth 5Y-1.59%
2. Health
2.1 Basic Checks
Compared to 1 year ago, NIE has more shares outstanding
The number of shares outstanding for NIE has been increased compared to 5 years ago.
There is no outstanding debt for NIE. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
An Altman-Z score of 42.87 indicates that NIE is not in any danger for bankruptcy at the moment.
NIE has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | 42.87 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
NIE has a Current Ratio of 2.61. This indicates that NIE is financially healthy and has no problem in meeting its short term obligations.
NIE has a Quick Ratio of 2.61. This indicates that NIE is financially healthy and has no problem in meeting its short term obligations.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.61 | ||
| Quick Ratio | 2.61 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 31.38% over the past year.
NIE shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.64% yearly.
NIE shows a decrease in Revenue. In the last year, the revenue decreased by -5.20%.
The Revenue has been growing slightly by 1.85% on average over the past years.
EPS 1Y (TTM)31.38%
EPS 3Y19.93%
EPS 5Y3.64%
EPS Q2Q%-40.64%
Revenue 1Y (TTM)-5.2%
Revenue growth 3Y19.33%
Revenue growth 5Y1.85%
Sales Q2Q%-13.81%
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.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.73, the valuation of NIE can be described as very cheap.
NIE is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.73 | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 6.77 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)1.85
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
NIE has a Yearly Dividend Yield of 9.33%, which is a nice return.
Compared to an average S&P500 Dividend Yield of 2.34, NIE pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.33% |
5.2 History
The dividend of NIE has a limited annual growth rate of 5.37%.
NIE has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of NIE decreased recently.
Dividend Growth(5Y)5.37%
Div Incr Years0
Div Non Decr Years1
5.3 Sustainability
51.89% of the earnings are spent on dividend by NIE. This is a bit on the high side, but may be sustainable.
NIE's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP51.89%
EPS Next 2YN/A
EPS Next 3YN/A
25.64
+0.28 (+1.1%)
Chartmill FA Rating
GICS SectorN/A
GICS IndustryGroupN/A
GICS IndustryN/A
Earnings (Last)
Earnings (Next)
Inst Owners25.65%
Inst Owner Change0%
Ins Owners0%
Ins Owner Change3.02%
Market Cap710.48M
Revenue(TTM)12.44M
Net Income(TTM)106.00M
Analysts0
Price TargetN/A
Short Float %0.1%
Short Ratio0.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 9.33% |
Yearly Dividend1.97
Dividend Growth(5Y)5.37%
DP51.89%
Div Incr Years0
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.73 | ||
| Fwd PE | N/A | ||
| P/S | 57.11 | ||
| P/FCF | 6.77 | ||
| P/OCF | 6.77 | ||
| P/B | 0.95 | ||
| P/tB | 0.95 | ||
| EV/EBITDA | N/A |
EPS(TTM)3.81
EY14.86%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)3.79
FCFY14.78%
OCF(TTM)3.79
OCFY14.78%
SpS0.45
BVpS26.85
TBVpS26.85
PEG (NY)N/A
PEG (5Y)1.85
Graham Number47.98
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 14.06% | ||
| ROE | 14.27% | ||
| ROCE | 0.66% | ||
| ROIC | 0.52% | ||
| ROICexc | 0.52% | ||
| ROICexgc | 0.52% | ||
| OM | 39.47% | ||
| PM (TTM) | 852.09% | ||
| GM | 37.46% | ||
| FCFM | 844.05% |
ROA(3y)4.75%
ROA(5y)9.43%
ROE(3y)4.82%
ROE(5y)9.54%
ROIC(3y)0.53%
ROIC(5y)N/A
ROICexc(3y)0.54%
ROICexc(5y)N/A
ROICexgc(3y)0.54%
ROICexgc(5y)N/A
ROCE(3y)0.67%
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y2.69%
ROICexc growth 3YN/A
ROICexc growth 5Y2.69%
OM growth 3YN/A
OM growth 5Y2.1%
PM growth 3Y0.87%
PM growth 5Y1.99%
GM growth 3YN/A
GM growth 5Y-1.59%
F-Score4
Asset Turnover0.02
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 99.06% | ||
| Current Ratio | 2.61 | ||
| Quick Ratio | 2.61 | ||
| Altman-Z | 42.87 |
F-Score4
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)31.38%
EPS 3Y19.93%
EPS 5Y3.64%
EPS Q2Q%-40.64%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-5.2%
Revenue growth 3Y19.33%
Revenue growth 5Y1.85%
Sales Q2Q%-13.81%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-18.44%
EBIT growth 3YN/A
EBIT growth 5Y3.99%
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y85.84%
FCF growth 3Y20.39%
FCF growth 5Y3.87%
OCF growth 1Y85.84%
OCF growth 3Y20.39%
OCF growth 5Y3.87%
VIRTUS EQUITY & CONVERTIBLE / NIE FAQ
What does VIRTUS EQUITY & CONVERTIBLE do?
Virtus Equity & Convertible Income Fund is a US-based company operating in industry. The company is headquartered in Greenfield, Massachusetts. The company went IPO on 2007-02-23. Virtus Equity & Convertible Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to seek total return comprised of capital appreciation, current income and gains. The Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in a combination of equity securities and income-producing convertible securities. The equity component of the Fund may vary from 40-80% and the convertible component may vary from 20-60% of assets. The Fund's investment advisor is Virtus Investment Advisers, Inc. and its investment subadvisor is Voya Investment Management Co. LLC.
What is the stock price of VIRTUS EQUITY & CONVERTIBLE today?
The current stock price of NIE is 25.64 USD. The price increased by 1.1% in the last trading session.
How is the ChartMill rating for VIRTUS EQUITY & CONVERTIBLE?
NIE has a ChartMill Technical rating of 6 out of 10 and a ChartMill Fundamental rating of 3 out of 10.