Virtu Financial, Inc.

NasdaqGS:VIRT Stock Report

Market Cap: US$6.2b

Virtu Financial Valuation

Is VIRT undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of VIRT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$88.78
Fair Value
54.9% undervalued intrinsic discount
9
Number of Analysts

Below Fair Value: VIRT ($40.06) is trading below our estimate of fair value ($88.78)

Significantly Below Fair Value: VIRT is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for VIRT?

Key metric: As VIRT is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for VIRT. This is calculated by dividing VIRT's market cap by their current earnings.
What is VIRT's PE Ratio?
PE Ratio12.5x
EarningsUS$276.42m
Market CapUS$6.19b

Price to Earnings Ratio vs Peers

How does VIRT's PE Ratio compare to its peers?

The above table shows the PE ratio for VIRT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average54.2x
PIPR Piper Sandler Companies
28.2xn/aUS$5.1b
LAZ Lazard
17.6x25.1%US$4.9b
MC Moelis
134.9x67.3%US$6.0b
PJT PJT Partners
36.2xn/aUS$6.8b
VIRT Virtu Financial
12.5x25.1%US$6.2b

Price-To-Earnings vs Peers: VIRT is good value based on its Price-To-Earnings Ratio (12.5x) compared to the peer average (37.8x).

Price to Earnings Ratio vs Industry

How does VIRT's PE Ratio compare vs other companies in the US Capital Markets Industry?

23 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ADX Adams Diversified Equity Fund
3.7xn/aUS$2.29b
CET Central Securities
4.6xn/aUS$1.35b
GAM General American Investors Company
4.3xn/aUS$1.23b
ASA ASA Gold and Precious Metals
3.9xn/aUS$444.77m
VIRT 12.5xIndustry Avg. 23.0xNo. of Companies71PE020406080100+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: VIRT is good value based on its Price-To-Earnings Ratio (12.5x) compared to the US Capital Markets industry average (23x).

Price to Earnings Ratio vs Fair Ratio

What is VIRT's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

VIRT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.5x
Fair PE Ratio21.2x

Price-To-Earnings vs Fair Ratio: VIRT is good value based on its Price-To-Earnings Ratio (12.5x) compared to the estimated Fair Price-To-Earnings Ratio (21.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst VIRT forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$40.06
US$41.89
+4.6%
15.8%US$56.00US$31.00n/a9
Jan ’26US$35.68
US$35.11
-1.6%
20.4%US$52.00US$26.00n/a9
Dec ’25US$37.31
US$33.22
-11.0%
12.0%US$38.00US$26.00n/a9
Nov ’25US$31.56
US$32.22
+2.1%
11.8%US$37.00US$26.00n/a9
Oct ’25US$30.69
US$29.44
-4.1%
13.0%US$37.00US$23.00n/a9
Sep ’25US$30.71
US$29.11
-5.2%
13.7%US$37.00US$23.00n/a9
Aug ’25US$27.08
US$29.11
+7.5%
13.7%US$37.00US$23.00n/a9
Jul ’25US$22.62
US$23.73
+4.9%
7.9%US$27.00US$21.00n/a9
Jun ’25US$22.00
US$23.08
+4.9%
11.2%US$27.00US$18.00n/a9
May ’25US$21.99
US$23.08
+4.9%
11.2%US$27.00US$18.00n/a9
Apr ’25US$21.04
US$20.24
-3.8%
10.4%US$24.00US$17.50n/a9
Mar ’25US$18.57
US$19.72
+6.2%
9.8%US$24.00US$17.50n/a9
Feb ’25US$16.74
US$19.72
+17.8%
9.8%US$24.00US$17.50US$40.069
Jan ’25US$20.26
US$20.11
-0.7%
7.9%US$24.00US$18.00US$35.689
Dec ’24US$18.26
US$20.11
+10.1%
7.9%US$24.00US$18.00US$37.319
Nov ’24US$18.29
US$20.25
+10.7%
8.1%US$24.00US$18.00US$31.568
Oct ’24US$17.27
US$20.88
+20.9%
10.0%US$26.00US$19.00US$30.698
Sep ’24US$18.90
US$20.88
+10.4%
10.0%US$26.00US$19.00US$30.718
Aug ’24US$18.36
US$20.88
+13.7%
10.0%US$26.00US$19.00US$27.088
Jul ’24US$17.09
US$21.38
+25.1%
10.2%US$26.00US$18.00US$22.628
Jun ’24US$17.66
US$21.56
+22.1%
8.9%US$26.00US$19.50US$22.008
May ’24US$19.30
US$21.56
+11.7%
8.9%US$26.00US$19.50US$21.998
Apr ’24US$18.90
US$21.44
+13.4%
10.0%US$26.00US$18.00US$21.048
Mar ’24US$18.49
US$21.88
+18.3%
15.2%US$30.00US$18.00US$18.578
Feb ’24US$19.38
US$21.88
+12.9%
15.2%US$30.00US$18.00US$16.748
Analyst Price Target
Consensus Narrative from 9 Analysts
US$41.89
Fair Value
4.4% undervalued intrinsic discount
9
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 03:00
End of Day Share Price 2025/01/31 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Virtu Financial, Inc. is covered by 13 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Paul CondraBMO Capital Markets Equity Research
Craig SiegenthalerBofA Global Research
Christopher AllenBuckingham Research Group Inc.