Virgin Money UK
Market Cap
UK£2.9b
Last Updated
2021/08/02 17:48 UTC
Data Sources
Company Financials +
Executive Summary
Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and B and Virgin Money brands in the United Kingdom. More Details
Rewards
Risk Analysis
No risks detected for VMUK from our risk checks.
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has Virgin Money UK's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: VMUK is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: VMUK's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
4.0%
VMUK
0.1%
GB Banks
0.3%
GB Market
1 Year Return
124.0%
VMUK
44.0%
GB Banks
22.5%
GB Market
Return vs Industry: VMUK exceeded the UK Banks industry which returned 44% over the past year.
Return vs Market: VMUK exceeded the UK Market which returned 22.5% over the past year.
Shareholder returns
| VMUK | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.0% | 0.1% | 0.3% |
| 30 Day | 0% | -2.7% | -0.8% |
| 90 Day | -0.1% | -4.4% | 1.5% |
| 1 Year | 124.0%124.0% | 47.0%44.0% | 27.8%22.5% |
| 3 Year | -41.5%-42.5% | -23.9%-31.0% | 13.3%0.9% |
| 5 Year | -22.0%-23.5% | 4.8%-11.6% | 39.6%13.2% |
Long-Term Price Volatility Vs. Market
How volatile is Virgin Money UK's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
How Much Are Virgin Money UK PLC (LON:VMUK) Insiders Taking Off The Table?4 weeks ago | Simply Wall St
Announcing: Virgin Money UK (LON:VMUK) Stock Increased An Energizing 116% In The Last Year1 month ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Virgin Money UK PLC's (LON:VMUK) Shares?Valuation
Is Virgin Money UK undervalued compared to its fair value and its price relative to the market?
16.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: VMUK (£2.01) is trading below our estimate of fair value (£2.4)
Significantly Below Fair Value: VMUK is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: VMUK is unprofitable, so we can't compare its PE Ratio to the UK Banks industry average.
PE vs Market: VMUK is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate VMUK's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: VMUK's PB Ratio (0.6x) is in line with the GB Banks industry average.
Future Growth
How is Virgin Money UK forecast to perform in the next 1 to 3 years based on estimates from 22 analysts?
16.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: VMUK is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.9%).
Earnings vs Market: VMUK is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: VMUK's is expected to become profitable in the next 3 years.
Revenue vs Market: VMUK's revenue (3.3% per year) is forecast to grow slower than the UK market (4.8% per year).
High Growth Revenue: VMUK's revenue (3.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: VMUK's Return on Equity is forecast to be low in 3 years time (8.7%).
Past Performance
How has Virgin Money UK performed over the past 5 years?
-6.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: VMUK is currently unprofitable.
Growing Profit Margin: VMUK is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: VMUK is unprofitable, and losses have increased over the past 5 years at a rate of 6% per year.
Accelerating Growth: Unable to compare VMUK's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: VMUK is unprofitable, making it difficult to compare its past year earnings growth to the Banks industry (19%).
Return on Equity
High ROE: VMUK has a negative Return on Equity (-1.63%), as it is currently unprofitable.
Financial Health
How is Virgin Money UK's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: VMUK's Assets to Equity ratio (17.7x) is moderate.
Allowance for Bad Loans: VMUK has a low allowance for bad loans (72%).
Low Risk Liabilities: 81% of VMUK's liabilities are made up of primarily low risk sources of funding.
Loan Level: VMUK has an appropriate level of Loans to Assets ratio (80%).
Low Risk Deposits: VMUK's Loans to Deposits ratio (105%) is appropriate.
Level of Bad Loans: VMUK has an appropriate level of bad loans (1.4%).
Dividend
What is Virgin Money UK current dividend yield, its reliability and sustainability?
3.11%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate VMUK's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate VMUK's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if VMUK's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if VMUK's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: VMUK is not paying a notable dividend for the UK market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of VMUK's dividend in 3 years as they are not forecast to pay a notable one for the UK market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.6yrs
Average management tenure
CEO
David Duffy (60 yo)
5.83yrs
Tenure
UK£1,351,000
Compensation
Mr. David Joseph Duffy, B.B.S., MA, serves as Executive Director at Virgin Money Plc since October 15, 2018 and serves as its Chief Executive Officer. He joined Virgin Money Plc in June 2015. Mr. Duffy ser...
CEO Compensation Analysis
Compensation vs Market: David's total compensation ($USD1.88M) is about average for companies of similar size in the UK market ($USD1.69M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: VMUK's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Members
Experienced Board: VMUK's board of directors are considered experienced (3.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Virgin Money UK PLC's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Virgin Money UK PLC
- Ticker: VMUK
- Exchange: LSE
- Founded: 1838
- Industry: Diversified Banks
- Sector: Banks
- Market Cap: UK£2.880b
- Shares outstanding: 1.44b
- Website: https://www.virginmoneyukplc.com
Number of Employees
Location
- Virgin Money UK PLC
- 40 St Vincent Place
- Glasgow
- Lanarkshire
- G1 2HL
- United Kingdom
Listings
Biography
Virgin Money UK PLC provides banking products and services for consumers, and small and medium sized businesses under the Clydesdale Bank, Yorkshire Bank, and B and Virgin Money brands in the United Kingdo...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/08/02 17:48 |
| End of Day Share Price | 2021/08/02 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/09/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.