XNYSVRTS
Market cap1.43bUSD
Jan 10, Last price
204.40USD
1D
-4.74%
1Q
-1.69%
Jan 2017
73.15%
Name
Virtus Investment Partners Inc
Chart & Performance
Profile
Virtus Investment Partners, Inc. is a publicly owned investment manager. The firm primarily provides its services to individual and institutional clients. It launches separate client focused equity and fixed income portfolios. The firm launches equity, fixed income, and balanced mutual funds for its clients. It invests in the public equity, fixed income, and real estate markets. The firm also invests in exchange traded funds. It employs a multi manager approach for its products. The firm employs quantitative analysis to make its investments. It benchmarks the performance of its portfolios against the S&P 500 Index. The firm conducts in-house research to make its investments. Virtus Investment Partners, Inc. was founded in 1988 and is based in Hartford, Connecticut.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | |||||||||
Revenues | 841,485 -4.56% | 881,719 -9.54% | |||||||
Cost of revenue | 501,544 | 569,733 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 339,941 | 311,986 | |||||||
NOPBT Margin | 40.40% | 35.38% | |||||||
Operating Taxes | 45,088 | 57,260 | |||||||
Tax Rate | 13.26% | 18.35% | |||||||
NOPAT | 294,853 | 254,726 | |||||||
Net income | 130,621 11.13% | 117,541 -43.53% | |||||||
Dividends | (52,047) | (47,254) | |||||||
Dividend yield | 2.92% | 3.26% | |||||||
Proceeds from repurchase of equity | (45,000) | (90,000) | |||||||
BB yield | 2.52% | 6.20% | |||||||
Debt | |||||||||
Debt current | 2,083,314 | ||||||||
Long-term debt | 2,175,655 | 2,338,339 | |||||||
Deferred revenue | |||||||||
Other long-term liabilities | 383,246 | 398,032 | |||||||
Net debt | (380,088) | 1,793,010 | |||||||
Cash flow | |||||||||
Cash from operating activities | 237,157 | 132,670 | |||||||
CAPEX | (8,821) | (6,582) | |||||||
Cash from investing activities | (129,732) | (27,467) | |||||||
Cash from financing activities | (356,113) | (102,057) | |||||||
FCF | 2,441,418 | (1,905,513) | |||||||
Balance | |||||||||
Cash | 340,334 | 338,200 | |||||||
Long term investments | 2,215,409 | 2,290,443 | |||||||
Excess cash | 2,513,669 | 2,584,557 | |||||||
Stockholders' equity | 316,623 | 225,523 | |||||||
Invested Capital | 3,215,436 | 5,506,662 | |||||||
ROIC | 6.76% | 5.67% | |||||||
ROCE | 9.62% | 5.42% | |||||||
EV | |||||||||
Common stock shares outstanding | 7,375 | 7,582 | |||||||
Price | 241.76 26.28% | 191.44 -35.56% | |||||||
Market cap | 1,782,980 22.84% | 1,451,498 -38.95% | |||||||
EV | 1,512,124 | 3,340,008 | |||||||
EBITDA | 408,378 | 376,201 | |||||||
EV/EBITDA | 3.70 | 8.88 | |||||||
Interest | 178,766 | 93,407 | |||||||
Interest/NOPBT | 52.59% | 29.94% |