VICTORY CAPITAL HOLDING - A (VCTR) Stock Fundamental Analysis
USA - NASDAQ:VCTR - US92645B1035 - Common Stock
62.33 USD
+0.55 (+0.89%)
62.33 USD
0 (0%)
Overall VCTR gets a fundamental rating of 7 out of 10. We evaluated VCTR against 237 industry peers in the Capital Markets industry. VCTR has an excellent profitability rating, but there are some minor concerns on its financial health. VCTR is growing strongly while it also seems undervalued. This is an interesting combination These ratings could make VCTR a good candidate for value and growth investing.
1. Profitability
1.1 Basic Checks
In the past year VCTR was profitable.
VCTR had a positive operating cash flow in the past year.
VCTR had positive earnings in each of the past 5 years.
VCTR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.28%, VCTR is in the better half of the industry, outperforming 78.06% of the companies in the same industry.
Looking at the Return On Equity, with a value of 10.83%, VCTR is in the better half of the industry, outperforming 61.60% of the companies in the same industry.
VCTR has a better Return On Invested Capital (9.24%) than 85.23% of its industry peers.
VCTR had an Average Return On Invested Capital over the past 3 years of 12.95%. This is significantly above the industry average of 7.11%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 10.83% | ||
| ROIC | 9.24% |
ROA(3y)10.19%
ROA(5y)10.73%
ROE(3y)23.95%
ROE(5y)26.36%
ROIC(3y)12.95%
ROIC(5y)14.02%
1.3 Margins
VCTR has a Profit Margin of 25.95%. This is in the better half of the industry: VCTR outperforms 67.93% of its industry peers.
In the last couple of years the Profit Margin of VCTR has grown nicely.
With an excellent Operating Margin value of 46.08%, VCTR belongs to the best of the industry, outperforming 83.12% of the companies in the same industry.
VCTR's Operating Margin has improved in the last couple of years.
VCTR's Gross Margin of 83.35% is amongst the best of the industry. VCTR outperforms 88.61% of its industry peers.
In the last couple of years the Gross Margin of VCTR has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.08% | ||
| PM (TTM) | 25.95% | ||
| GM | 83.35% |
OM growth 3Y1.49%
OM growth 5Y6.28%
PM growth 3Y1.13%
PM growth 5Y16.45%
GM growth 3Y1.4%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
Compared to 1 year ago, VCTR has about the same amount of shares outstanding.
VCTR has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, VCTR has an improved debt to assets ratio.
2.2 Solvency
VCTR has an Altman-Z score of 2.33. This is not the best score and indicates that VCTR is in the grey zone with still only limited risk for bankruptcy at the moment.
VCTR's Altman-Z score of 2.33 is fine compared to the rest of the industry. VCTR outperforms 71.31% of its industry peers.
The Debt to FCF ratio of VCTR is 3.66, which is a good value as it means it would take VCTR, 3.66 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 3.66, VCTR is doing good in the industry, outperforming 76.37% of the companies in the same industry.
VCTR has a Debt/Equity ratio of 0.39. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of VCTR (0.39) is better than 67.51% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.66 | ||
| Altman-Z | 2.33 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
VCTR has a Current Ratio of 1.14. This is a normal value and indicates that VCTR is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of VCTR (1.14) is comparable to the rest of the industry.
VCTR has a Quick Ratio of 1.14. This is a normal value and indicates that VCTR is financially healthy and should not expect problems in meeting its short term obligations.
VCTR has a Quick ratio (1.14) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 25.11% over the past year.
Measured over the past years, VCTR shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.55% on average per year.
VCTR shows a strong growth in Revenue. In the last year, the Revenue has grown by 34.32%.
The Revenue has been growing slightly by 7.85% on average over the past years.
EPS 1Y (TTM)25.11%
EPS 3Y-0.56%
EPS 5Y12.55%
EPS Q2Q%36.97%
Revenue 1Y (TTM)34.32%
Revenue growth 3Y0.12%
Revenue growth 5Y7.85%
Sales Q2Q%60.08%
3.2 Future
VCTR is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.48% yearly.
VCTR is expected to show a strong growth in Revenue. In the coming years, the Revenue will grow by 21.48% yearly.
EPS Next Y28.39%
EPS Next 2Y21.37%
EPS Next 3Y16.48%
EPS Next 5YN/A
Revenue Next Year46.35%
Revenue Next 2Y30.73%
Revenue Next 3Y21.48%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
VCTR is valuated reasonably with a Price/Earnings ratio of 11.17.
Based on the Price/Earnings ratio, VCTR is valued a bit cheaper than the industry average as 64.14% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of VCTR to the average of the S&P500 Index (25.51), we can say VCTR is valued rather cheaply.
VCTR is valuated reasonably with a Price/Forward Earnings ratio of 8.91.
Based on the Price/Forward Earnings ratio, VCTR is valued a bit cheaper than 76.37% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.98, VCTR is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.17 | ||
| Fwd PE | 8.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VCTR is valued cheaply inside the industry as 87.76% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VCTR indicates a somewhat cheap valuation: VCTR is cheaper than 61.60% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.77 | ||
| EV/EBITDA | 9.62 |
4.3 Compensation for Growth
VCTR's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The excellent profitability rating of VCTR may justify a higher PE ratio.
VCTR's earnings are expected to grow with 16.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.39
PEG (5Y)0.89
EPS Next 2Y21.37%
EPS Next 3Y16.48%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.06%, VCTR has a reasonable but not impressive dividend return.
VCTR's Dividend Yield is comparable with the industry average which is at 8.50.
VCTR's Dividend Yield is a higher than the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
5.2 History
On average, the dividend of VCTR grows each year by 70.54%, which is quite nice.
VCTR has been paying a dividend for over 5 years, so it has already some track record.
VCTR has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)70.54%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
VCTR pays out 48.31% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of VCTR is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP48.31%
EPS Next 2Y21.37%
EPS Next 3Y16.48%
62.33
+0.55 (+0.89%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners68.06%
Inst Owner Change-1.32%
Ins Owners9.47%
Ins Owner Change0.97%
Market Cap4.16B
Revenue(TTM)1.16B
Net Income(TTM)267.00M
Analysts75.71
Price Target74.75 (19.93%)
Short Float %6.79%
Short Ratio6.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.06% |
Yearly Dividend1.58
Dividend Growth(5Y)70.54%
DP48.31%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-7.08%
Min EPS beat(2)-13.03%
Max EPS beat(2)-1.14%
EPS beat(4)0
Avg EPS beat(4)-7.22%
Min EPS beat(4)-13.03%
Max EPS beat(4)-1.14%
EPS beat(8)1
Avg EPS beat(8)-7.49%
EPS beat(12)2
Avg EPS beat(12)-5.44%
EPS beat(16)4
Avg EPS beat(16)-4.08%
Revenue beat(2)1
Avg Revenue beat(2)-0.86%
Min Revenue beat(2)-3.97%
Max Revenue beat(2)2.25%
Revenue beat(4)1
Avg Revenue beat(4)-1%
Min Revenue beat(4)-3.97%
Max Revenue beat(4)2.25%
Revenue beat(8)1
Avg Revenue beat(8)-1.27%
Revenue beat(12)1
Avg Revenue beat(12)-1.31%
Revenue beat(16)1
Avg Revenue beat(16)-1.95%
PT rev (1m)-2.47%
PT rev (3m)2.45%
EPS NQ rev (1m)-1.97%
EPS NQ rev (3m)1.68%
EPS NY rev (1m)-2.43%
EPS NY rev (3m)0.65%
Revenue NQ rev (1m)1.11%
Revenue NQ rev (3m)2.29%
Revenue NY rev (1m)0.76%
Revenue NY rev (3m)2.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.17 | ||
| Fwd PE | 8.91 | ||
| P/S | 4.05 | ||
| P/FCF | 15.77 | ||
| P/OCF | 15.59 | ||
| P/B | 1.69 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.62 |
EPS(TTM)5.58
EY8.95%
EPS(NY)7
Fwd EY11.23%
FCF(TTM)3.95
FCFY6.34%
OCF(TTM)4
OCFY6.41%
SpS15.41
BVpS36.91
TBVpS-19.21
PEG (NY)0.39
PEG (5Y)0.89
Graham Number68.08
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 10.83% | ||
| ROCE | 11.96% | ||
| ROIC | 9.24% | ||
| ROICexc | 9.5% | ||
| ROICexgc | 343.34% | ||
| OM | 46.08% | ||
| PM (TTM) | 25.95% | ||
| GM | 83.35% | ||
| FCFM | 25.66% |
ROA(3y)10.19%
ROA(5y)10.73%
ROE(3y)23.95%
ROE(5y)26.36%
ROIC(3y)12.95%
ROIC(5y)14.02%
ROICexc(3y)13.54%
ROICexc(5y)14.52%
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)16.77%
ROCE(5y)18.16%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3Y0.57%
ROICexc growth 5Y5.99%
OM growth 3Y1.49%
OM growth 5Y6.28%
PM growth 3Y1.13%
PM growth 5Y16.45%
GM growth 3Y1.4%
GM growth 5Y1.91%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.66 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 6.89% | ||
| Cap/Sales | 0.29% | ||
| Interest Coverage | 6.58 | ||
| Cash Conversion | 51.54% | ||
| Profit Quality | 98.87% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 2.33 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)9.54%
Cap/Depr(5y)29.11%
Cap/Sales(3y)0.46%
Cap/Sales(5y)0.77%
Profit Quality(3y)129.83%
Profit Quality(5y)126.84%
High Growth Momentum
Growth
EPS 1Y (TTM)25.11%
EPS 3Y-0.56%
EPS 5Y12.55%
EPS Q2Q%36.97%
EPS Next Y28.39%
EPS Next 2Y21.37%
EPS Next 3Y16.48%
EPS Next 5YN/A
Revenue 1Y (TTM)34.32%
Revenue growth 3Y0.12%
Revenue growth 5Y7.85%
Sales Q2Q%60.08%
Revenue Next Year46.35%
Revenue Next 2Y30.73%
Revenue Next 3Y21.48%
Revenue Next 5YN/A
EBIT growth 1Y25.17%
EBIT growth 3Y1.61%
EBIT growth 5Y14.62%
EBIT Next Year44.5%
EBIT Next 3Y22.14%
EBIT Next 5YN/A
FCF growth 1Y-14.21%
FCF growth 3Y-2.33%
FCF growth 5Y8.8%
OCF growth 1Y-14.34%
OCF growth 3Y-3.32%
OCF growth 5Y8.38%
VICTORY CAPITAL HOLDING - A / VCTR FAQ
What is the ChartMill fundamental rating of VICTORY CAPITAL HOLDING - A (VCTR) stock?
ChartMill assigns a fundamental rating of 7 / 10 to VCTR.
Can you provide the valuation status for VICTORY CAPITAL HOLDING - A?
ChartMill assigns a valuation rating of 8 / 10 to VICTORY CAPITAL HOLDING - A (VCTR). This can be considered as Undervalued.
Can you provide the profitability details for VICTORY CAPITAL HOLDING - A?
VICTORY CAPITAL HOLDING - A (VCTR) has a profitability rating of 8 / 10.
How financially healthy is VICTORY CAPITAL HOLDING - A?
The financial health rating of VICTORY CAPITAL HOLDING - A (VCTR) is 6 / 10.
What is the earnings growth outlook for VICTORY CAPITAL HOLDING - A?
The Earnings per Share (EPS) of VICTORY CAPITAL HOLDING - A (VCTR) is expected to grow by 28.39% in the next year.