OTCPK:VPGI

Stock Analysis Report

Executive Summary

Velocity Portfolio Group, Inc., through its subsidiaries, invests in consumer receivable portfolios purchased in the secondary market.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Velocity Portfolio Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: VPGI's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

9.2%

VPGI

-4.2%

US Capital Markets

-4.2%

US Market


1 Year Return

80.0%

VPGI

12.0%

US Capital Markets

14.0%

US Market

Return vs Industry: VPGI exceeded the US Capital Markets industry which returned 12% over the past year.

Return vs Market: VPGI exceeded the US Market which returned 14% over the past year.


Shareholder returns

VPGIIndustryMarket
7 Day9.2%-4.2%-4.2%
30 Day13.3%-2.1%-1.8%
90 Day67.3%1.1%2.6%
1 Year80.0%80.0%14.3%12.0%16.3%14.0%
3 Year503.3%503.3%35.2%27.6%43.2%34.0%
5 Year95.9%95.9%74.5%58.3%65.9%47.6%

Price Volatility Vs. Market

How volatile is Velocity Portfolio Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Velocity Portfolio Group undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Velocity Portfolio Group is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Velocity Portfolio Group has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of VPGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Velocity Portfolio Group regulatory filings here.
  • Explore potentially undervalued companies in the Diversified Financials industry.

Future Growth

How is Velocity Portfolio Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Velocity Portfolio Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Take a look at our analysis of VPGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Velocity Portfolio Group's filings and announcements here.
  • Explore growth companies in the Diversified Financials industry.

Past Performance

How has Velocity Portfolio Group performed over the past 5 years?

17.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Velocity Portfolio Group has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.


Next Steps

Financial Health

How is Velocity Portfolio Group's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Velocity Portfolio Group's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Velocity Portfolio Group has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of VPGI’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Velocity Portfolio Group's financial data was last updated here.
  • Explore more healthy companies in the Diversified Financials industry.

Dividend

What is Velocity Portfolio Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.5%markettop25%3.8%industryaverage2.0%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate VPGI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate VPGI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if VPGI's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if VPGI's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of VPGI's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

14.4yrs

Average board tenure


CEO

Jack Kleinert (60yo)

16yrs

Tenure

US$37,500

Compensation

Mr. John C. Kleinert, also known as Jack, co-founded Velocity Portfolio Group, Inc., (formerly Velocity Asset Management Inc., which is formerly, Tele Optics Inc) in 2003 and serves as its Chief Executive  ...


Board Members

NamePositionTenureCompensationOwnership
John Kleinert
Co-Founder16yrsUS$37.50kno data
W. Ragan
Co-Founder16.1yrsUS$112.50kno data
Steven Marcus
Independent Director14.4yrsUS$2.00kno data
David Granatell
Independent Director14.4yrsUS$2.00kno data
Michael Kelly
Independent Director14.4yrsUS$2.00kno data

14.4yrs

Average Tenure

61yo

Average Age

Experienced Board: VPGI's board of directors are seasoned and experienced ( 14.4 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.


Top Shareholders

Company Information

Velocity Portfolio Group, Inc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Velocity Portfolio Group, Inc
  • Ticker: VPGI
  • Exchange: OTCPK
  • Founded: 1986
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Market Cap: US$31.496m
  • Shares outstanding: 9.46m
  • Website: https://www.velocityrecoveries.com

Location

  • Velocity Portfolio Group, Inc
  • 1800 Route 34 North
  • Building 4
  • Wall
  • New Jersey
  • 7719
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
VPGIOTCPK (Pink Sheets LLC)YesCommon StockUSUSDFeb 2004

Biography

Velocity Portfolio Group, Inc., through its subsidiaries, invests in consumer receivable portfolios purchased in the secondary market. The company purchases consumer receivable portfolios at a discount and then liquidates these portfolios through legal collection means. It also provides servicing of third party accounts receivables through the legal collection process. The company was formerly known as Velocity Asset Management, Inc. and changed its name to Velocity Portfolio Group, Inc. in November 2008. Velocity Portfolio Group, Inc. was incorporated in 1986 and is headquartered in Wall, New Jersey. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 00:26
End of Day Share Price2020/02/21 00:00
Earnings2010/12/31
Annual Earnings2010/12/31


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.