(VCTR) Victory Capital Holdings - Overview
Stock: Mutual Funds, ETFs, Separate Accounts, Alternative Investments, 529 Plans
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.96% |
| Yield on Cost 5y | 9.08% |
| Yield CAGR 5y | 38.32% |
| Payout Consistency | 100.0% |
| Payout Ratio | 30.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.5% |
| Relative Tail Risk | -2.26% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.37 |
| Alpha | -7.56 |
| Character TTM | |
|---|---|
| Beta | 1.312 |
| Beta Downside | 1.361 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.06% |
| CAGR/Max DD | 1.36 |
Description: VCTR Victory Capital Holdings January 09, 2026
Victory Capital Holdings Inc. (NASDAQ: VCTR) is a U.S.–based asset manager that delivers a broad suite of investment solutions-including active and passive mutual funds, ETFs, separate accounts, variable insurance products, alternative strategies, private closed-end funds, and a 529 education savings plan-to institutional clients, retirement platforms, intermediaries, and retail investors. The firm also distributes third-party products and provides ancillary services such as fund administration, transfer-agent, and distribution support.
As of the most recent filing (FY 2023), Victory reported approximately $100 billion in assets under management (AUM), representing a 7 % year-over-year increase driven largely by net inflows into its actively managed equity and fixed-income funds. The company’s revenue mix is roughly 65 % fee-based and 35 % performance-based, reflecting the industry-wide shift toward lower-cost passive products and heightened fee compression pressure. A key macro driver for Victory’s outlook is the Federal Reserve’s interest-rate policy: higher rates tend to boost demand for fixed-income solutions while also increasing the cost of capital for leveraged alternative strategies.
For a deeper, data-rich perspective on Victory Capital’s valuation and risk profile, you might find the analytics on ValueRay worth exploring.
Piotroski VR‑10 (Strict, 0-10) 6.0
| Net Income: 217.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.06 > 0.02 and ΔFCF/TA -7.75 > 1.0 |
| NWC/Revenue: 3.07% < 20% (prev 4.27%; Δ -1.20% < -1%) |
| CFO/TA 0.06 > 3% & CFO 240.4m > Net Income 217.4m |
| Net Debt (-163.7m) to EBITDA (398.2m): -0.41 < 3 |
| Current Ratio: 1.17 > 1.5 & < 3 |
| Outstanding Shares: last quarter (66.7m) vs 12m ago 1.76% < -2% |
| Gross Margin: 71.60% > 18% (prev 0.59%; Δ 7101 % > 0.5%) |
| Asset Turnover: 27.44% > 50% (prev 35.07%; Δ -7.63% > 0%) |
| Interest Coverage Ratio: 6.96 > 6 (EBITDA TTM 398.2m / Interest Expense TTM 46.7m) |
Altman Z'' 2.17
| A: 0.01 (Total Current Assets 194.3m - Total Current Liabilities 165.7m) / Total Assets 4.25b |
| B: 0.26 (Retained Earnings 1.10b / Total Assets 4.25b) |
| C: 0.10 (EBIT TTM 325.3m / Avg Total Assets 3.40b) |
| D: 0.61 (Book Value of Equity 1.11b / Total Liabilities 1.82b) |
| Altman-Z'' Score: 2.17 = BBB |
Beneish M -3.71
| DSRI: 0.29 (Receivables 30.6m/100.7m, Revenue 932.4m/893.5m) |
| GMI: 0.83 (GM 71.60% / 59.29%) |
| AQI: 1.05 (AQ_t 0.95 / AQ_t-1 0.90) |
| SGI: 1.04 (Revenue 932.4m / 893.5m) |
| TATA: -0.01 (NI 217.4m - CFO 240.4m) / TA 4.25b) |
| Beneish M-Score: -3.71 (Cap -4..+1) = AAA |
What is the price of VCTR shares?
Over the past week, the price has changed by +0.06%, over one month by +4.81%, over three months by +17.25% and over the past year by +4.84%.
Is VCTR a buy, sell or hold?
- StrongBuy: 2
- Buy: 2
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the VCTR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 71.5 | 0.4% |
| Analysts Target Price | 71.5 | 0.4% |
| ValueRay Target Price | 92.9 | 30.4% |
VCTR Fundamental Data Overview February 08, 2026
P/E Forward = 10.0705
P/S = 3.5423
P/B = 1.8373
Revenue TTM = 932.4m USD
EBIT TTM = 325.3m USD
EBITDA TTM = 398.2m USD
Long Term Debt = 972.0m USD (from longTermDebt, two quarters ago)
Short Term Debt = 7.36m USD (from shortTermDebt, two quarters ago)
Debt = 1.02b USD (from shortLongTermDebtTotal, two quarters ago)
Net Debt = -163.7m USD (from netDebt column, last quarter)
Enterprise Value = 5.48b USD (4.63b + Debt 1.02b - CCE 163.7m)
Interest Coverage Ratio = 6.96 (Ebit TTM 325.3m / Interest Expense TTM 46.7m)
EV/FCF = 23.15x (Enterprise Value 5.48b / FCF TTM 236.9m)
FCF Yield = 4.32% (FCF TTM 236.9m / Enterprise Value 5.48b)
FCF Margin = 25.40% (FCF TTM 236.9m / Revenue TTM 932.4m)
Net Margin = 23.31% (Net Income TTM 217.4m / Revenue TTM 932.4m)
Gross Margin = 71.60% ((Revenue TTM 932.4m - Cost of Revenue TTM 264.8m) / Revenue TTM)
Gross Margin QoQ = none% (prev 71.18%)
Tobins Q-Ratio = 1.29 (Enterprise Value 5.48b / Total Assets 4.25b)
Interest Expense / Debt = 1.66% (Interest Expense 16.9m / Debt 1.02b)
Taxrate = 21.0% (US default 21%)
NOPAT = 257.0m (EBIT 325.3m * (1 - 21.00%))
Current Ratio = 1.17 (Total Current Assets 194.3m / Total Current Liabilities 165.7m)
Debt / Equity = 0.42 (Debt 1.02b / totalStockholderEquity, last quarter 2.42b)
Debt / EBITDA = -0.41 (Net Debt -163.7m / EBITDA 398.2m)
Debt / FCF = -0.69 (Net Debt -163.7m / FCF TTM 236.9m)
Total Stockholder Equity = 2.11b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.40% (Net Income 217.4m / Total Assets 4.25b)
RoE = 10.31% (Net Income TTM 217.4m / Total Stockholder Equity 2.11b)
RoCE = 10.56% (EBIT 325.3m / Capital Employed (Equity 2.11b + L.T.Debt 972.0m))
RoIC = 8.65% (NOPAT 257.0m / Invested Capital 2.97b)
WACC = 9.05% (E(4.63b)/V(5.65b) * Re(10.75%) + D(1.02b)/V(5.65b) * Rd(1.66%) * (1-Tc(0.21)))
Discount Rate = 10.75% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -1.48%
[DCF Debug] Terminal Value 74.00% ; FCFF base≈277.9m ; Y1≈272.2m ; Y5≈276.6m
Fair Price DCF = 65.81 (EV 4.06b - Net Debt -163.7m = Equity 4.22b / Shares 64.1m; r=9.05% [WACC]; 5y FCF grow -3.01% → 2.90% )
EPS Correlation: 72.41 | EPS CAGR: 10.36% | SUE: 1.22 | # QB: 3
Revenue Correlation: -35.29 | Revenue CAGR: -81.96% | SUE: 0.31 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.63 | Chg30d=+0.012 | Revisions Net=-4 | Analysts=4
EPS current Year (2026-12-31): EPS=6.86 | Chg30d=-0.073 | Revisions Net=-3 | Growth EPS=+7.5% | Growth Revenue=+15.4%
EPS next Year (2027-12-31): EPS=7.45 | Chg30d=+0.009 | Revisions Net=-1 | Growth EPS=+8.6% | Growth Revenue=+4.8%