VICTORY CAPITAL HOLDING - A (VCTR) Stock Fundamental Analysis
USA - NASDAQ:VCTR - US92645B1035 - Common Stock
64.375 USD
-0.69 (-1.07%)
Overall VCTR gets a fundamental rating of 7 out of 10. We evaluated VCTR against 236 industry peers in the Capital Markets industry. While VCTR belongs to the best of the industry regarding profitability, 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 would make VCTR suitable for value and growth investing!
1. Profitability
1.1 Basic Checks
VCTR had positive earnings in the past year.
In the past year VCTR had a positive cash flow from operations.
Each year in the past 5 years VCTR has been profitable.
VCTR had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.28%, VCTR is doing good in the industry, outperforming 75.85% of the companies in the same industry.
With a decent Return On Equity value of 10.83%, VCTR is doing good in the industry, outperforming 61.02% of the companies in the same industry.
VCTR's Return On Invested Capital of 9.26% is amongst the best of the industry. VCTR outperforms 84.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for VCTR is significantly above the industry average of 7.56%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 10.83% | ||
| ROIC | 9.26% |
ROA(3y)10.19%
ROA(5y)10.73%
ROE(3y)23.95%
ROE(5y)26.37%
ROIC(3y)12.96%
ROIC(5y)14.03%
1.3 Margins
VCTR's Profit Margin of 25.95% is fine compared to the rest of the industry. VCTR outperforms 67.37% of its industry peers.
VCTR's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 46.16%, VCTR belongs to the top of the industry, outperforming 80.08% of the companies in the same industry.
In the last couple of years the Operating Margin of VCTR has grown nicely.
VCTR's Gross Margin of 83.35% is amongst the best of the industry. VCTR outperforms 88.56% of its industry peers.
VCTR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 46.16% | ||
| PM (TTM) | 25.95% | ||
| GM | 83.35% |
OM growth 3Y1.51%
OM growth 5Y6.29%
PM growth 3Y1.12%
PM growth 5Y16.44%
GM growth 3Y1.4%
GM growth 5Y1.91%
2. Health
2.1 Basic Checks
Compared to 1 year ago, VCTR has less shares outstanding
Compared to 5 years ago, VCTR has less shares outstanding
The debt/assets ratio for VCTR has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.40 indicates that VCTR is not a great score, but indicates only limited risk for bankruptcy at the moment.
The Altman-Z score of VCTR (2.40) is better than 72.88% of its industry peers.
The Debt to FCF ratio of VCTR is 3.67, which is a good value as it means it would take VCTR, 3.67 years of fcf income to pay off all of its debts.
VCTR has a Debt to FCF ratio of 3.67. This is in the better half of the industry: VCTR outperforms 76.27% of its industry peers.
A Debt/Equity ratio of 0.39 indicates that VCTR is not too dependend on debt financing.
The Debt to Equity ratio of VCTR (0.39) is better than 68.64% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.67 | ||
| Altman-Z | 2.4 |
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.
VCTR has a Current ratio of 1.14. This is comparable to the rest of the industry: VCTR outperforms 49.58% of its industry peers.
A Quick Ratio of 1.14 indicates that VCTR should not have too much problems paying its short term obligations.
The Quick ratio of VCTR (1.14) 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
VCTR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 15.51%, which is quite good.
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.
The Revenue has grown by 20.90% in the past year. This is a very strong growth!
The Revenue has been growing slightly by 7.85% on average over the past years.
EPS 1Y (TTM)15.51%
EPS 3Y-0.56%
EPS 5Y12.55%
EPS Q2Q%25%
Revenue 1Y (TTM)20.9%
Revenue growth 3Y0.12%
Revenue growth 5Y7.85%
Sales Q2Q%59.92%
3.2 Future
The Earnings Per Share is expected to grow by 16.02% on average over the next years. This is quite good.
The Revenue is expected to grow by 21.58% on average over the next years. This is a very strong growth
EPS Next Y31.59%
EPS Next 2Y20.8%
EPS Next 3Y16.02%
EPS Next 5YN/A
Revenue Next Year45.25%
Revenue Next 2Y29.88%
Revenue Next 3Y21.58%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 12.52, VCTR is valued correctly.
Based on the Price/Earnings ratio, VCTR is valued a bit cheaper than 61.86% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.77, VCTR is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 9.29, the valuation of VCTR can be described as reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of VCTR indicates a somewhat cheap valuation: VCTR is cheaper than 73.31% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 23.23. VCTR is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.52 | ||
| Fwd PE | 9.29 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VCTR is valued cheaper than 87.29% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, VCTR is valued a bit cheaper than the industry average as 62.29% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.32 | ||
| EV/EBITDA | 10.02 |
4.3 Compensation for Growth
The 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.
A more expensive valuation may be justified as VCTR's earnings are expected to grow with 16.02% in the coming years.
PEG (NY)0.4
PEG (5Y)1
EPS Next 2Y20.8%
EPS Next 3Y16.02%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.85%, VCTR has a reasonable but not impressive dividend return.
VCTR's Dividend Yield is comparable with the industry average which is at 8.51.
Compared to an average S&P500 Dividend Yield of 2.36, VCTR pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.85% |
5.2 History
On average, the dividend of VCTR grows each year by 70.60%, which is quite nice.
VCTR has been paying a dividend for over 5 years, so it has already some track record.
As VCTR did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)70.6%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
VCTR pays out 48.22% of its income as dividend. This is a bit on the high side, but may be sustainable.
VCTR's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP48.22%
EPS Next 2Y20.8%
EPS Next 3Y16.02%
NASDAQ:VCTR (10/22/2025, 1:27:34 PM)
64.375
-0.69 (-1.07%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst Owners68.06%
Inst Owner Change0.07%
Ins Owners9.47%
Ins Owner Change0.97%
Market Cap4.30B
Revenue(TTM)1.03B
Net Income(TTM)266.97M
Analysts76
Price Target76.65 (19.07%)
Short Float %7.3%
Short Ratio5.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.85% |
Yearly Dividend1.58
Dividend Growth(5Y)70.6%
DP48.22%
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)0%
PT rev (3m)5.46%
EPS NQ rev (1m)2.38%
EPS NQ rev (3m)2.4%
EPS NY rev (1m)0.2%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)0.86%
Revenue NQ rev (3m)0.47%
Revenue NY rev (1m)0.46%
Revenue NY rev (3m)1.15%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.52 | ||
| Fwd PE | 9.29 | ||
| P/S | 4.18 | ||
| P/FCF | 16.32 | ||
| P/OCF | 16.13 | ||
| P/B | 1.74 | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.02 |
EPS(TTM)5.14
EY7.98%
EPS(NY)6.93
Fwd EY10.77%
FCF(TTM)3.95
FCFY6.13%
OCF(TTM)3.99
OCFY6.2%
SpS15.41
BVpS36.91
TBVpS-19.21
PEG (NY)0.4
PEG (5Y)1
Graham Number65.34
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.28% | ||
| ROE | 10.83% | ||
| ROCE | 11.98% | ||
| ROIC | 9.26% | ||
| ROICexc | 9.52% | ||
| ROICexgc | 340.99% | ||
| OM | 46.16% | ||
| PM (TTM) | 25.95% | ||
| GM | 83.35% | ||
| FCFM | 25.61% |
ROA(3y)10.19%
ROA(5y)10.73%
ROE(3y)23.95%
ROE(5y)26.37%
ROIC(3y)12.96%
ROIC(5y)14.03%
ROICexc(3y)13.55%
ROICexc(5y)14.54%
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 3Y0.58%
ROICexc growth 5Y5.99%
OM growth 3Y1.51%
OM growth 5Y6.29%
PM growth 3Y1.12%
PM growth 5Y16.44%
GM growth 3Y1.4%
GM growth 5Y1.91%
F-Score6
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.39 | ||
| Debt/FCF | 3.67 | ||
| Debt/EBITDA | 1.86 | ||
| Cap/Depr | 6.82% | ||
| Cap/Sales | 0.29% | ||
| Interest Coverage | 6.59 | ||
| Cash Conversion | 51.32% | ||
| Profit Quality | 98.68% | ||
| Current Ratio | 1.14 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 2.4 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)9.56%
Cap/Depr(5y)29.13%
Cap/Sales(3y)0.46%
Cap/Sales(5y)0.77%
Profit Quality(3y)129.85%
Profit Quality(5y)126.85%
High Growth Momentum
Growth
EPS 1Y (TTM)15.51%
EPS 3Y-0.56%
EPS 5Y12.55%
EPS Q2Q%25%
EPS Next Y31.59%
EPS Next 2Y20.8%
EPS Next 3Y16.02%
EPS Next 5YN/A
Revenue 1Y (TTM)20.9%
Revenue growth 3Y0.12%
Revenue growth 5Y7.85%
Sales Q2Q%59.92%
Revenue Next Year45.25%
Revenue Next 2Y29.88%
Revenue Next 3Y21.58%
Revenue Next 5YN/A
EBIT growth 1Y25.4%
EBIT growth 3Y1.63%
EBIT growth 5Y14.63%
EBIT Next Year44.5%
EBIT Next 3Y22.14%
EBIT Next 5YN/A
FCF growth 1Y-14.38%
FCF growth 3Y-2.33%
FCF growth 5Y8.8%
OCF growth 1Y-14.51%
OCF growth 3Y-3.32%
OCF growth 5Y8.38%