(VRTS) Virtus Investment Partners - Overview
Sector: Financial Services | Industry: Asset Management | Exchange: NYSE (USA) | Market Cap: 886m USD | Total Return: -8.9% in 12m
Avg Turnover: 12.8M
EPS Trend: 81.8%
Qual. Beats: -1
Rev. Trend: 9.8%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Virtus Investment Partners, Inc. (NYSE: VRTS) is a Hartford-based asset management firm serving individual and institutional clients through a diverse range of equity, fixed income, and balanced portfolios. The company utilizes a multi-manager model, which leverages the expertise of various affiliated and unaffiliated sub-advisers to manage specialized investment strategies across public equity, debt, and real estate markets.
Operating within the Asset Management and Custody Banks sub-industry, Virtus relies on a combination of quantitative analysis and in-house research to benchmark performance against the S&P 500 Index. This business model generates revenue primarily through management fees calculated as a percentage of assets under management, making its financial performance sensitive to both market fluctuations and net fund inflows.
Investors may find it useful to examine the historical valuation trends of this firm on ValueRay.
- Total assets under management fluctuations drive management fee revenue and earnings
- Performance of multi-manager strategies relative to benchmarks impacts net fund flows
- Operating margins depend on effective management of variable sub-advisory fee structures
- Global equity and fixed income market volatility dictates asset valuation levels
- Shift toward lower-cost passive investment vehicles pressures traditional active management fees
| Net Income: 116.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.01 > 0.02 and ΔFCF/TA -1.29 > 1.0 |
| NWC/Revenue: 2.28% < 20% (prev 17.15%; Δ -14.87% < -1%) |
| CFO/TA -0.01 > 3% & CFO -27.5m > Net Income 116.9m |
| Net Debt (2.80b) to EBITDA (384.7m): 7.29 < 3 |
| Current Ratio: 1.08 > 1.5 & < 3 |
| Outstanding Shares: last quarter (6.81m) vs 12m ago -3.77% < -2% |
| Gross Margin: 80.78% > 18% (prev 0.53%; Δ 8.03k% > 0.5%) |
| Asset Turnover: 19.39% > 50% (prev 24.37%; Δ -4.98% > 0%) |
| Interest Coverage Ratio: 1.98 > 6 (EBITDA TTM 384.7m / Interest Expense TTM 164.1m) |
| A: 0.00 (Total Current Assets 241.0m - Total Current Liabilities 222.8m) / Total Assets 4.56b |
| B: 0.07 (Retained Earnings 331.6m / Total Assets 4.56b) |
| C: 0.08 (EBIT TTM 324.3m / Avg Total Assets 4.12b) |
| D: 0.10 (Book Value of Equity 332.2m / Total Liabilities 3.45b) |
| Altman-Z'' = 0.89 = B |
| DSRI: 1.04 (Receivables 104.4m/112.9m, Revenue 799.8m/898.6m) |
| GMI: 0.65 (GM 80.78% / 52.54%) |
| AQI: 1.02 (AQ_t 0.91 / AQ_t-1 0.89) |
| SGI: 0.89 (Revenue 799.8m / 898.6m) |
| TATA: 0.03 (NI 116.9m - CFO -27.5m) / TA 4.56b) |
| Beneish M = -3.34 (Cap -4..+1) = AA |
As of May 24, 2026, the stock is trading at USD 141.67 with a total of 89,163 shares traded.
Over the past week, the price has changed by +4.06%,
over one month by +2.44%,
over three months by +5.54% and
over the past year by -8.88%.
Virtus Investment Partners has received a consensus analysts rating of 2.50. Therefore, it is recommended to sell VRTS.
- StrongBuy: 0
- Buy: 1
- Hold: 1
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 134.5 | -5.1% |
P/E Forward = 7.4906
P/S = 1.0618
P/B = 1.0053
P/EG = 0.5629
Revenue TTM = 799.8m USD
EBIT TTM = 324.3m USD
EBITDA TTM = 384.7m USD
Long Term Debt = 2.75b USD (from longTermDebt, last quarter)
Short Term Debt = 16.8m USD (from shortTermDebt, last fiscal year)
Debt = 2.94b USD (from shortLongTermDebtTotal, last quarter) + Leases 94.1m
Net Debt = 2.80b USD (calculated: Debt 2.94b - CCE 136.6m)
Enterprise Value = 3.69b USD (886.0m + Debt 2.94b - CCE 136.6m)
Interest Coverage Ratio = 1.98 (Ebit TTM 324.3m / Interest Expense TTM 164.1m)
EV/FCF = -137.3x (Enterprise Value 3.69b / FCF TTM -26.9m)
FCF Yield = -0.73% (FCF TTM -26.9m / Enterprise Value 3.69b)
FCF Margin = -3.36% (FCF TTM -26.9m / Revenue TTM 799.8m)
Net Margin = 14.61% (Net Income TTM 116.9m / Revenue TTM 799.8m)
Gross Margin = 80.78% ((Revenue TTM 799.8m - Cost of Revenue TTM 153.7m) / Revenue TTM)
Gross Margin QoQ = 70.86% (prev none%)
Tobins Q-Ratio = 0.81 (Enterprise Value 3.69b / Total Assets 4.56b)
Interest Expense / Debt = 5.58% (Interest Expense 164.1m / Debt 2.94b)
Taxrate = 27.38% (51.3m / 187.2m)
NOPAT = 235.5m (EBIT 324.3m * (1 - 27.38%))
Current Ratio = 1.08 (Total Current Assets 241.0m / Total Current Liabilities 222.8m)
Debt / Equity = 3.21 (Debt 2.94b / totalStockholderEquity, last quarter 917.4m)
Debt / EBITDA = 7.29 (Net Debt 2.80b / EBITDA 384.7m)
Debt / FCF = -104.3 (out of range, set to none) (Net Debt 2.80b / FCF TTM -26.9m)
Total Stockholder Equity = 916.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.83% (Net Income 116.9m / Total Assets 4.56b)
RoE = 12.75% (Net Income TTM 116.9m / Total Stockholder Equity 916.6m)
RoCE = 8.84% (EBIT 324.3m / Capital Employed (Equity 916.6m + L.T.Debt 2.75b))
RoIC = 5.58% (NOPAT 235.5m / Invested Capital 4.22b)
WACC = 5.59% (E(886.0m)/V(3.83b) * Re(10.68%) + D(2.94b)/V(3.83b) * Rd(5.58%) * (1-Tc(0.27)))
Discount Rate = 10.68% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -100.00 | Cagr: -3.18%
[DCF] Fair Price = unknown (Cash Flow -26.9m)
EPS Correlation: 81.77 | EPS CAGR: 8.64% | SUE: -2.24 | # QB: -1
Revenue Correlation: 9.82 | Revenue CAGR: 0.44% | SUE: 0.27 | # QB: 0
EPS current Quarter (2026-06-30): EPS=6.03 | Chg30d=+0.16% | Revisions=-33% | Analysts=4
EPS next Quarter (2026-09-30): EPS=6.39 | Chg30d=+1.21% | Revisions=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=24.39 | Chg30d=+2.76% | Revisions=-14% | GrowthEPS=-3.1% | GrowthRev=-5.2%
EPS next Year (2027-12-31): EPS=25.19 | Chg30d=+0.97% | Revisions=+0% | GrowthEPS=+3.3% | GrowthRev=+0.1%
[Analyst] Revisions Ratio: -33%