AI Spotlight on VCTR
Company Description
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company worldwide.It offers investment advisory, fund administration, fund compliance, fund transfer agent, and fund distribution services.The company provides specialized investment strategies to institutions, intermediaries, retirement platforms, and individual investors.
As of December 31, 2021, its franchises and solutions platform managed a set of 130 investment strategies for a range of institutional and retail clients, and direct investors.The company has strategic alliance with Xavier University of Louisiana.Victory Capital Holdings, Inc.
was incorporated in 2013 and is headquartered in San Antonio, Texas.
Market Data
Last Price | 66.18 |
Change Percentage | 0.02% |
Open | 66.12 |
Previous Close | 66.17 |
Market Cap ( Millions) | 4304 |
Volume | 205144 |
Year High | 73.42 |
Year Low | 33.87 |
M A 50 | 65.84 |
M A 200 | 56.09 |
Financial Ratios
FCF Yield | 7.98% |
Dividend Yield | 2.35% |
ROE | 24.13% |
Debt / Equity | 83.65% |
Net Debt / EBIDTA | 171.92% |
Price To Book | 3.66 |
Price Earnings Ratio | 16.07 |
Price To FCF | 12.54 |
Price To sales | 4.9 |
EV / EBITDA | 11.03 |
News
- Jan -10 - Victory Capital Reports December 2024 Total Client Assets
- Jan -07 - VCTR vs. SEIC: Which Stock Should Value Investors Buy Now?
- Dec -26 - 3 Investment Managers Set to Continue Their Winning Streak in 2025
- Dec -20 - Victory Capital Rewards Investors With $200M Share Repurchase Plan
- Dec -19 - Victory Capital Announces New $200 Million Share Repurchase Program
- Dec -10 - Victory Capital Reports November 2024 Total Client Assets
- Dec -09 - VCTR or SEIC: Which Is the Better Value Stock Right Now?
- Dec -05 - 17 Upcoming Dividend Increases, Including A King
- Dec -04 - Victory Capital Introduces VictoryShares® Free Cash Flow Growth ETF Further Expanding its ETF Suite
- Nov -19 - Victory Capital (VCTR) Upgraded to Strong Buy: Here's Why
- Nov -19 - Best Momentum Stocks to Buy for November 19th
- Nov -19 - New Strong Buy Stocks for November 19th
- Nov -19 - Best Value Stocks to Buy for November 19th
- Nov -16 - Victory Capital: Accelerating Growth By Going Global
- Nov -12 - Victory Capital's AUM Decreases 2.1% Sequentially to $172.3B
- Nov -11 - Victory Capital Reports October 2024 Total Client Assets
- Nov -08 - Victory Capital (VCTR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
- Nov -08 - Victory Capital Holdings (VCTR) Q3 Earnings Meet Estimates
- Nov -07 - Victory Capital Reports Strong Third Quarter Results and Record Earnings Per Share
- Nov -05 - Wall Street's Insights Into Key Metrics Ahead of Victory Capital (VCTR) Q3 Earnings
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Investment Management Fees - Mutual Funds (Victory Funds)
Expected Growth : 5.0 %
What the company do ?
Victory Capital Holdings, Inc.'s Investment Management Fees for Mutual Funds (Victory Funds) are fees charged to investors for managing their investments, covering operating costs and generating revenue.
Why we expect these perspectives ?
Victory Funds' 5.0% growth in investment management fees is driven by increasing assets under management (AUM) from successful fund launches, strong investment performance, and strategic acquisitions. Additionally, the company's diversified product offerings, expanding distribution channels, and growing demand for actively managed funds also contribute to the growth.
Segment n°2 -> Investment Management Fees - Separate Accounts and Other Vehicles
Expected Growth : 5.0 %
What the company do ?
Victory Capital Holdings, Inc.'s Investment Management Fees for Separate Accounts and Other Vehicles refer to the costs associated with managing investment portfolios for individual and institutional clients.
Why we expect these perspectives ?
Victory Capital Holdings, Inc.'s 5.0% growth in Investment Management Fees - Separate Accounts and Other Vehicles is driven by increasing assets under management, expansion of distribution channels, and a growing demand for customized investment solutions. Additionally, the company's strategic acquisitions and partnerships have enhanced its product offerings, contributing to the growth.
Segment n°3 -> Fund Administration and Distribution Fees - Administration Fees - Mutual Funds (Victory Funds)
Expected Growth : 5.0 %
What the company do ?
Fund Administration and Distribution Fees for Victory Funds, managed by Victory Capital Holdings, Inc., cover costs of operating and distributing mutual funds to investors.
Why we expect these perspectives ?
Victory Funds' 5.0% growth in administration fees is driven by increasing assets under management (AUM), fueled by strong investment performance, successful product launches, and strategic acquisitions. Additionally, the company's focus on operational efficiency and cost savings initiatives have contributed to the growth.
Segment n°4 -> Fund Administration and Distribution Fees - Transfer Agent Fees - Mutual Funds (Victory Funds III)
Expected Growth : 5.0 %
What the company do ?
Fund Administration and Distribution Fees - Transfer Agent Fees for Victory Funds III, managed by Victory Capital Holdings, Inc., cover costs of mutual fund operations and distribution.
Why we expect these perspectives ?
Victory Funds III's 5.0% growth in Fund Administration and Distribution Fees, driven by increased assets under management, is attributed to strong investment performance, effective distribution channels, and a growing retail investor base. Additionally, the transfer agent fees benefit from the fund's expanding presence in the market, resulting in higher transaction volumes.
Segment n°5 -> Fund Administration and Distribution Fees - Distribution Fees - Mutual Funds (Victory Funds)
Expected Growth : 5.0 %
What the company do ?
Fund Administration and Distribution Fees for Victory Funds, managed by Victory Capital Holdings, Inc., cover costs of mutual fund operations, marketing, and distribution.
Why we expect these perspectives ?
Victory Funds' 5.0% growth in Distribution Fees is driven by increasing assets under management (AUM) from successful fund launches, strategic partnerships, and expanding distribution channels. Additionally, the company's focus on investment performance, risk management, and customer service has led to increased investor confidence, resulting in higher sales and revenue growth.
Segment n°6 -> Investment Management Fees - Exchange Traded Funds (Victory Shares)
Expected Growth : 5.0 %
What the company do ?
Victory Shares' Investment Management Fees for Exchange Traded Funds (ETFs) are competitive, transparent, and aligned with investor interests, ranging from 0.35% to 0.85% annually.
Why we expect these perspectives ?
Victory Shares' 5.0% growth in Investment Management Fees is driven by increasing adoption of ETFs, expansion into new markets, and strategic partnerships. Strong investment performance, competitive pricing, and a diverse product suite also contribute to growth. Additionally, Victory Capital's robust distribution network and advisor engagement efforts support the segment's expansion.
Segment n°7 -> Investment Management Fees - Performance-based Fees - Mutual Funds (Victory Funds III)
Expected Growth : 5.0 %
What the company do ?
Victory Funds III's performance-based fees are a type of investment management fee where the fund manager's compensation is tied to the fund's performance, incentivizing them to generate strong returns.
Why we expect these perspectives ?
Victory Funds III's 5.0% growth in performance-based fees is driven by strong investment performance, increasing assets under management, and a competitive fee structure. The fund's ability to attract and retain investors, coupled with its successful investment strategies, has led to an increase in revenue from performance-based fees.
Segment n°8 -> Fund Administration and Distribution Fees - Administration Fees - Exchange Traded Funds (Victory Shares)
Expected Growth : 5.0 %
What the company do ?
Fund Administration and Distribution Fees for Victory Shares, a type of Exchange Traded Funds (ETFs) managed by Victory Capital Holdings, Inc., covering operational costs and services.
Why we expect these perspectives ?
Victory Shares' 5.0% growth in administration fees is driven by increasing demand for ETFs, expansion of distribution channels, and strategic partnerships. The rise of passive investing and growing adoption of ETFs among institutional and retail investors also contribute to this growth. Additionally, Victory Capital's strong brand reputation and competitive pricing strategy support the segment's growth.
Segment n°9 -> Investment Management Fees - Performance-based Fees - Separate Accounts and Other Vehicles
Expected Growth : 5.0 %
What the company do ?
Victory Capital Holdings, Inc.'s Investment Management Fees include Performance-based Fees for Separate Accounts and Other Vehicles, incentivizing outperformance with a percentage of excess returns.
Why we expect these perspectives ?
Victory Capital Holdings, Inc.'s 5.0% growth in Investment Management Fees, driven by Performance-based Fees and Separate Accounts and Other Vehicles, is attributed to strong investment performance, increased assets under management, and strategic acquisitions. Additionally, the company's diversified product offerings, robust distribution network, and cost discipline have contributed to its growth momentum.
Victory Capital Holdings, Inc. Products
Product Range | What is it ? |
---|---|
Institutional Asset Management | Victory Capital Holdings, Inc. offers institutional asset management services to institutional clients, including pension funds, endowments, and foundations. |
Retail Asset Management | The company provides retail asset management services to individual investors, financial advisors, and broker-dealers. |
US Equity | Victory Capital Holdings, Inc. offers a range of US equity investment strategies, including large-cap, mid-cap, and small-cap equities. |
Fixed Income | The company provides fixed income investment strategies, including high-yield bonds, investment-grade bonds, and municipal bonds. |
Solutions Platform | Victory Capital Holdings, Inc. offers a solutions platform that provides investors with access to a range of investment strategies and products. |
Exchange-Traded Funds (ETFs) | The company offers a range of ETFs that track various market indices, sectors, and asset classes. |
Victory Capital Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Victory Capital Holdings, Inc. is medium due to the presence of alternative investment products and services offered by competitors.
Bargaining Power Of Customers
The bargaining power of customers for Victory Capital Holdings, Inc. is low due to the company's diversified client base and lack of concentration of clients.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Victory Capital Holdings, Inc. is medium due to the company's dependence on a few key suppliers for certain services.
Threat Of New Entrants
The threat of new entrants for Victory Capital Holdings, Inc. is high due to the relatively low barriers to entry in the investment management industry.
Intensity Of Rivalry
The intensity of rivalry for Victory Capital Holdings, Inc. is high due to the highly competitive nature of the investment management industry.
Capital Structure
Value | |
---|---|
Debt Weight | 48.56% |
Debt Cost | 8.57% |
Equity Weight | 51.44% |
Equity Cost | 8.57% |
WACC | 8.57% |
Leverage | 94.39% |
Victory Capital Holdings, Inc. : Quality Control
Victory Capital Holdings, Inc. passed 6 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
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