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Verra Mobility

Nasdaq:VRRM
Snowflake Description

High growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VRRM
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. The last earnings update was 49 days ago. More info.


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VRRM Share Price and Events
7 Day Returns
2.5%
NasdaqCM:VRRM
1.7%
US IT
2%
US Market
1 Year Returns
-
NasdaqCM:VRRM
25.1%
US IT
4.3%
US Market
VRRM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Verra Mobility (VRRM) 2.5% -7.9% 22.5% - - -
US IT 1.7% 5.8% 10.7% 25.1% 103.2% 113%
US Market 2% 4.1% 4.2% 4.3% 43.9% 40.8%
1 Year Return vs Industry and Market
  • No trading data on VRRM.
  • No trading data on VRRM.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Verra Mobility undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Verra Mobility to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Verra Mobility.

NasdaqCM:VRRM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 4 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:VRRM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
IT Unlevered Beta Simply Wall St/ S&P Global 1.01
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.014 (1 + (1- 21%) (42.19%))
1.235
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.24
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.235 * 5.96%)
10.09%

Discounted Cash Flow Calculation for NasdaqCM:VRRM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Verra Mobility is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:VRRM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.09%)
2019 178.30 Analyst x1 161.95
2020 151.60 Analyst x2 125.08
2021 135.70 Est @ -10.49% 101.69
2022 126.85 Est @ -6.52% 86.35
2023 122.10 Est @ -3.75% 75.49
2024 119.89 Est @ -1.8% 67.33
2025 119.36 Est @ -0.44% 60.89
2026 119.97 Est @ 0.51% 55.59
2027 121.38 Est @ 1.17% 51.08
2028 123.37 Est @ 1.64% 47.16
Present value of next 10 years cash flows $832.61
NasdaqCM:VRRM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $123.37 × (1 + 2.73%) ÷ (10.09% – 2.73%)
$1,721.17
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $1,721.17 ÷ (1 + 10.09%)10
$657.97
NasdaqCM:VRRM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $832.61 + $657.97
$1,490.58
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $1,490.58 / 158.56
$9.4
NasdaqCM:VRRM Discount to Share Price
Calculation Result
Value per share (USD) From above. $9.40
Current discount Discount to share price of $12.99
= -1 x ($12.99 - $9.40) / $9.40
-38.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Verra Mobility is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Verra Mobility's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Verra Mobility's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:VRRM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.30
NasdaqCM:VRRM Share Price ** NasdaqCM (2019-06-24) in USD $12.99
United States of America IT Industry PE Ratio Median Figure of 77 Publicly-Listed IT Companies 35.73x
United States of America Market PE Ratio Median Figure of 3,095 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Verra Mobility.

NasdaqCM:VRRM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:VRRM Share Price ÷ EPS (both in USD)

= 12.99 ÷ -0.30

-43.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Verra Mobility is loss making, we can't compare its value to the US IT industry average.
  • Verra Mobility is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Verra Mobility's expected growth come at a high price?
Raw Data
NasdaqCM:VRRM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -43.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts
63.2%per year
United States of America IT Industry PEG Ratio Median Figure of 66 Publicly-Listed IT Companies 2.53x
United States of America Market PEG Ratio Median Figure of 2,134 Publicly-Listed Companies 1.54x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Verra Mobility, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Verra Mobility's assets?
Raw Data
NasdaqCM:VRRM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $1.95
NasdaqCM:VRRM Share Price * NasdaqCM (2019-06-24) in USD $12.99
United States of America IT Industry PB Ratio Median Figure of 128 Publicly-Listed IT Companies 4.35x
United States of America Market PB Ratio Median Figure of 5,255 Publicly-Listed Companies 1.8x
NasdaqCM:VRRM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:VRRM Share Price ÷ Book Value per Share (both in USD)

= 12.99 ÷ 1.95

6.65x

* Primary Listing of Verra Mobility.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Verra Mobility is overvalued based on assets compared to the US IT industry average.
X
Value checks
We assess Verra Mobility's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Verra Mobility has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Verra Mobility expected to perform in the next 1 to 3 years based on estimates from 4 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
63.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Verra Mobility expected to grow at an attractive rate?
  • Verra Mobility's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Verra Mobility's earnings growth is expected to exceed the United States of America market average.
  • Verra Mobility's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:VRRM Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:VRRM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts 63.2%
NasdaqCM:VRRM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts 11.3%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.7%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 10.2%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:VRRM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:VRRM Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 543 89 2
2020-12-31 476 58 4
2019-12-31 431 37 4
NasdaqCM:VRRM Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 399 87 -33
2018-12-31 370 46 -58
2018-09-30 338 69 9
2018-06-30 287 28 -2
2018-03-31 247 24 -12
2017-12-31 232 50 18
2016-12-31 231 44 29

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Verra Mobility's earnings are expected to grow significantly at over 20% yearly.
  • Verra Mobility's revenue is expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:VRRM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below

All data from Verra Mobility Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:VRRM Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.55 0.80 0.30 2.00
2020-12-31 0.35 0.53 0.20 4.00
2019-12-31 0.24 0.32 0.18 4.00
NasdaqCM:VRRM Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.30
2018-12-31 -0.67
2018-09-30
2018-06-30
2018-03-31
2017-12-31 0.30
2016-12-31 0.33

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Verra Mobility is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess Verra Mobility's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Verra Mobility has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Verra Mobility performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Verra Mobility's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Verra Mobility does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Verra Mobility's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Verra Mobility's 1-year growth to the US IT industry average as it is not currently profitable.
Earnings and Revenue History
Verra Mobility's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Verra Mobility Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:VRRM Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 399.37 -33.42 77.64
2018-12-31 370.15 -58.39 70.86
2018-09-30 338.20 8.74 63.38
2018-06-30 286.69 -2.36 36.52
2018-03-31 246.65 -12.05 51.29
2017-12-31 232.11 18.24 49.89
2016-12-31 230.75 29.00 53.03
2015-12-31 203.59 11.41 50.61

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Verra Mobility has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Verra Mobility used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • It is difficult to establish if Verra Mobility improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Verra Mobility's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Verra Mobility has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Verra Mobility's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Verra Mobility's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Verra Mobility is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Verra Mobility's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Verra Mobility's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Verra Mobility Company Filings, last reported 2 months ago.

NasdaqCM:VRRM Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 304.82 868.87 92.36
2018-12-31 302.06 869.35 65.89
2018-09-30 239.94 988.46 51.95
2018-06-30 234.16 988.68 29.78
2018-03-31 182.38 988.48 15.70
2017-12-31 147.26 428.69 8.81
2016-12-31 75.51 69.24 2.90
2015-12-31
  • Verra Mobility's level of debt (285%) compared to net worth is high (greater than 40%).
  • Unable to establish if Verra Mobility's debt level has increased without past 5-year debt data.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Verra Mobility has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Verra Mobility has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -30.6% per year.
X
Financial health checks
We assess Verra Mobility's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Verra Mobility has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Verra Mobility's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Verra Mobility dividends.
If you bought $2,000 of Verra Mobility shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Verra Mobility's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Verra Mobility's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:VRRM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 4 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.3%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2012 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:VRRM Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Verra Mobility has not reported any payouts.
  • Unable to verify if Verra Mobility's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Verra Mobility's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Verra Mobility has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Verra Mobility's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Verra Mobility afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Verra Mobility has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Verra Mobility's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Roberts
AGE 47
TENURE AS CEO 4.8 years
CEO Bio

Mr. David M. Roberts is President and Chief Executive Officer of Verra Mobility Corporation since August 2014 and has been its Director since October 2018. He serves as the Chief Executive Officer of American Traffic Solutions, Inc. and its President since March 2015. Mr. Roberts served as the Chief Operating Officer of American Traffic Solutions, Inc. since November 2014. Mr. Roberts served as Executive Vice President of Fleet Services at American Traffic Solutions, Inc. (ATS) until November 2014. Mr. Roberts served as the Chief Executive Officer and President of BillingTree, Inc., (alternate name, Electronic Payment Providers, Inc.) since May 30, 2012. He served as Chief Executive Officer and President of Equity Methods, LLC. Before Equity Methods, he founded Acquity Group. He was employed with financial service companies namely American Express, JP Morgan Chase and the Chicago Mercantile Exchange. He has lead several engagements working directly with Chief Financial Officer's of major US companies and has an intimate knowledge of executive compensation and related financial disclosure issues. He has more than 13 years of technology and consulting experience. He serves as an adviser for the Arizona Feed My Starving Children Leadership Committee. He is a frequent keynote speaker at corporate and academic symposiums dealing with strategy for firms facing regulatory changes. He has served as an Adjunct Professor at the W.P. Carey Graduate School of Business at Arizona State University. He has lectured at the University of Chicago Graduate School of Business and the J.L. Kellogg Graduate School of Management. He earned a BBA at Baylor University at the Hankamer School of Business. Mr. Roberts received his MBA with concentrations in Finance and Strategy from the University of Chicago Graduate School of Business.

CEO Compensation
  • Insufficient data for David to compare compensation growth.
  • Insufficient data for David to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Verra Mobility management team in years:

1.1
Average Tenure
48
Average Age
  • The average tenure for the Verra Mobility management team is less than 2 years, this suggests a new team.
Management Team

David Roberts

TITLE
President
AGE
47
TENURE
4.8 yrs

Tricia Chiodo

TITLE
Chief Financial Officer
AGE
52
TENURE
4 yrs

Jason Rivera

TITLE
Chief Technology Officer
TENURE
1 yrs

Jim Goetz

TITLE
Chief Information Officer
AGE
60
TENURE
3.7 yrs

Rebecca Collins

TITLE
General Counsel
AGE
48
TENURE
3.1 yrs

Mike McMillin

TITLE
Vice President of Corporate Development and Strategy
TENURE
0.2 yrs

Anat Eden

TITLE
Chief People Officer
TENURE
1.2 yrs

Liz Caracciolo

TITLE
Executive Vice President of Government Solutions Segment
TENURE
1 yrs

Vincent Brigidi

TITLE
Executive Vice President of Commercial Services
AGE
41
TENURE
1.1 yrs

Garrett Miller

TITLE
Executive Vice President of Government Solutions
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Verra Mobility board of directors in years:

0.7
Average Tenure
52.5
Average Age
  • The average tenure for the Verra Mobility board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jacob Kotzubei

TITLE
Chairman of the Board
AGE
49
TENURE
0.7 yrs

David Roberts

TITLE
President
AGE
47
TENURE
0.7 yrs

Jeff Rea

TITLE
Director
AGE
53
TENURE
2.4 yrs

Jay Geldmacher

TITLE
Director
AGE
62
TENURE
0.7 yrs

John Rexford

TITLE
Director
AGE
61
TENURE
0.7 yrs

Randy Bort

TITLE
Director
TENURE
2.4 yrs

Bryan Kelln

TITLE
Director
AGE
52
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
13. Jun 19 Sell Platinum Equity, LLC Company 10. Jun 19 10. Jun 19 -15,000,000 $12.13 $-181,875,000
11. Jun 19 Sell Platinum Equity, LLC Company 10. Jun 19 10. Jun 19 -15,000,000 $12.13 $-181,875,000
30. Nov 18 Buy John Rexford Individual 28. Nov 18 29. Nov 18 10,050 $9.95 $99,969
X
Management checks
We assess Verra Mobility's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Verra Mobility has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Verra Mobility Corporation provides smart mobility technology solutions and services in the United States, Canada, and Europe. It operates through two segments, Government Solutions and Commercial Services. The Government Solutions segment offers automated safety solutions, including services and technologies that enable photo enforcement through road safety camera programs related to red light, speed, school bus, and city bus lanes. This segment serves municipalities, counties, school districts, and law enforcement agencies. The Commercial Services segment provides automated toll and violations management, and title and registration solutions to rental car companies, fleet management companies, and other large fleet owners. The company is headquartered in Mesa, Arizona.

Details
Name: Verra Mobility Corporation
VRRM
Exchange: NasdaqCM
Founded:
$2,059,650,779
158,556,642
Website: http://www.verramobility.com
Address: Verra Mobility Corporation
Arizona, United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM VRRM Class A Common Stock Nasdaq Capital Market US USD 18. Oct 2018
Number of employees
Current staff
Staff numbers
713
Verra Mobility employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/25 01:10
End of day share price update: 2019/06/24 00:00
Last estimates confirmation: 2019/06/11
Last earnings filing: 2019/05/07
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.