Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Velocity Property Group

ASX:VP7
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VP7
ASX
A$6M
Market Cap
  1. Home
  2. AU
  3. Real Estate
Company description

Velocity Property Group Limited, together with its subsidiaries, engages in the property development business in Australia. The last earnings update was 38 days ago. More info.


Add to Portfolio Compare Print
  • Velocity Property Group has significant price volatility in the past 3 months.
VP7 Share Price and Events
7 Day Returns
0%
ASX:VP7
8.6%
AU Real Estate
5.3%
AU Market
1 Year Returns
-
ASX:VP7
-8%
AU Real Estate
-17.6%
AU Market
VP7 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Velocity Property Group (VP7) 0% -56.7% - - -92.9% -
AU Real Estate 8.6% -31.4% -33.7% -8% -28.9% -26.9%
AU Market 5.3% -18.2% -22.6% -17.6% -14.1% -14.3%
1 Year Return vs Industry and Market
  • No trading data on VP7.
  • No trading data on VP7.
Price Volatility
VP7
Industry
5yr Volatility vs Market

VP7 Value

 Is Velocity Property Group 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
  • It is not possible to calculate the future cash flow value for Velocity Property Group. This is due to cash flow or dividend data being unavailable. The share price is A$0.5.
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 Velocity Property Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Velocity Property Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:VP7 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in AUD A$-0.09
ASX:VP7 Share Price ** ASX (2020-03-26) in AUD A$0.5
Australia Real Estate Industry PE Ratio Median Figure of 19 Publicly-Listed Real Estate Companies 12.64x
Australia Market PE Ratio Median Figure of 515 Publicly-Listed Companies 13.38x

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

** Primary Listing of Velocity Property Group.

ASX:VP7 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:VP7 Share Price ÷ EPS (both in AUD)

= 0.5 ÷ -0.09

-5.54x

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

  • Velocity Property Group is loss making, we can't compare its value to the AU Real Estate industry average.
  • Velocity Property Group is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does Velocity Property Group's expected growth come at a high price?
Raw Data
ASX:VP7 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Australia Real Estate Industry PEG Ratio Median Figure of 9 Publicly-Listed Real Estate Companies 0.71x
Australia Market PEG Ratio Median Figure of 337 Publicly-Listed Companies 1.05x

*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 Velocity Property Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Velocity Property Group's assets?
Raw Data
ASX:VP7 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in AUD A$1.84
ASX:VP7 Share Price * ASX (2020-03-26) in AUD A$0.5
Australia Real Estate Industry PB Ratio Median Figure of 34 Publicly-Listed Real Estate Companies 0.74x
Australia Market PB Ratio Median Figure of 1,614 Publicly-Listed Companies 1.22x
ASX:VP7 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:VP7 Share Price ÷ Book Value per Share (both in AUD)

= 0.5 ÷ 1.84

0.27x

* Primary Listing of Velocity Property Group.

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

  • Velocity Property Group is good value based on assets compared to the AU Real Estate industry average.
X
Value checks
We assess Velocity Property Group'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Velocity Property Group has a total score of 1/6, 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.

VP7 Future Performance

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

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 Property 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
29.7%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Velocity Property Group expected to grow at an attractive rate?
  • Unable to compare Velocity Property Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Velocity Property Group's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare Velocity Property Group's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:VP7 Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 29.7%
Australia Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.8%
Australia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Australia Market Revenue Growth Rate Market Cap Weighted Average 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
ASX:VP7 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:VP7 Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2019-12-31 37 -20 -1
2019-09-30 38 -21 0
2019-06-30 38 -23 1
2019-03-31 41 -14 2
2018-12-31 44 -5 3
2018-09-30 31 -19 1
2018-06-30 17 -33 0
2018-03-31 11 0
2017-12-31 6 -29 1
2017-09-30 10 -15 2
2017-06-30 14 -1 2
2017-03-31 19 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Velocity Property Group is high growth as no earnings estimate data is available.
  • Unable to determine if Velocity Property Group is high growth as no revenue estimate data is available.
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
ASX:VP7 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Velocity Property Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VP7 Past Financials Data
Date (Data in AUD Millions) EPS *
2019-12-31 -0.09
2019-09-30 -0.02
2019-06-30 0.06
2019-03-31 0.16
2018-12-31 0.26
2018-09-30 0.14
2018-06-30 0.02
2018-03-31 0.05
2017-12-31 0.09
2017-09-30 0.18
2017-06-30 0.27
2017-03-31 0.29

*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.
  • Unable to establish if Velocity Property Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of VP7’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.
  2. Velocity Property Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. Velocity Property Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Velocity Property Group'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 Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia 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.
Velocity Property Group has a total score of 0/6, 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.

VP7 Past Performance

  How has Velocity Property Group 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 Velocity Property Group's growth in the last year to its industry (Real Estate).
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.
  • Velocity Property Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Velocity Property Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Velocity Property Group's 1-year growth to the AU Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Velocity Property Group'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 Velocity Property Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:VP7 Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 37.06 -0.94 3.97
2019-09-30 37.66 -0.17 3.59
2019-06-30 38.25 0.60 3.21
2019-03-31 41.23 1.64 3.16
2018-12-31 44.21 2.68 3.11
2018-09-30 30.68 1.42 3.05
2018-06-30 17.15 0.16 3.00
2018-03-31 11.35 0.49 2.78
2017-12-31 5.56 0.82 2.57
2017-09-30 9.96 1.51 2.45
2017-06-30 14.36 2.20 2.33
2017-03-31 18.89 2.13 1.76
2016-12-31 23.41 2.06 1.19
2016-09-30 19.02 1.54 1.20
2016-06-30 14.63 1.03 1.21
2015-06-30 0.01 -1.00
2014-06-30 0.00 -0.39

*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 Velocity Property Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Velocity Property Group has efficiently used its assets last year compared to the AU Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Velocity Property Group 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 Velocity Property Group'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 Real Estate 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.
Velocity Property Group 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.

VP7 Health

 How is Velocity Property Group'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 Velocity Property Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Velocity Property Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Velocity Property Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Velocity Property Group'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.3x 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 Velocity Property Group Company Filings, last reported 3 months ago.

ASX:VP7 Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 21.91 66.15 2.34
2019-09-30 21.91 66.15 2.34
2019-06-30 21.17 70.70 1.84
2019-03-31 21.17 70.70 1.84
2018-12-31 23.63 52.05 5.38
2018-09-30 23.63 52.05 5.38
2018-06-30 21.14 51.55 3.72
2018-03-31 21.14 51.55 3.72
2017-12-31 19.76 42.84 2.13
2017-09-30 19.76 42.84 2.13
2017-06-30 21.04 21.57 4.85
2017-03-31 21.04 21.57 4.85
2016-12-31 8.40 26.83 1.22
2016-09-30 8.40 26.83 1.22
2016-06-30 1.24 35.34 3.32
2015-06-30 -0.52 17.19 15.70
2014-06-30 0.13 2.74 3.01
  • Velocity Property Group's level of debt (301.9%) compared to net worth is high (greater than 40%).
  • Velocity Property Group had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Velocity Property Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Velocity Property Group'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. Velocity Property Group 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.

VP7 Dividends

 What is Velocity Property Group'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 Velocity Property Group dividends.
If you bought A$2,000 of Velocity Property Group shares you are expected to receive A$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 Velocity Property Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Velocity Property Group'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
ASX:VP7 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 0 Analyst Estimates (S&P Global) See Below
Australia Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 4.8%
Australia Market Average Dividend Yield Market Cap Weighted Average of 371 Stocks 5.3%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.7%
Australia Bottom 25% Dividend Yield 25th Percentile 3.2%
Australia Top 25% Dividend Yield 75th Percentile 8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Velocity Property Group has not reported any payouts.
  • Unable to verify if Velocity Property Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Velocity Property Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Velocity Property Group 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 Velocity Property Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.7%) - 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 Velocity Property Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Velocity Property Group 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.

VP7 Management

 What is the CEO of Velocity Property Group'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
Brendon Ansell
COMPENSATION A$219,119
CEO Bio

Mr. Brendon Craig Ansell serves as Chief Executive Officer of Velocity Property Group Limited and has been its Managing Director since 2015. Mr. Ansell is a Property Developer with over ten years experience having commenced as a financier for property developer clients before moving full-time into property development. He has completed projects both through his own development companies and as part of a joint venture with other equity participants. In particular, he has worked closely on funding projects through structured hybrid debt/equity arrangements. He has completed over 15 medium density residential, townhouse and mixed use developments, in New Farm, Bulimba and Hawthorne including Bulimba Sky Apartments, Annie Street apartments in New Farm, Cascade on Princess Street (Bulimba), Fusion 462 in Hawthorne and Arbor on Oxford Street in Bulimba. Mr. Ansell has been a Director of Velocity Property Group Limited since May 20, 2015.

CEO Compensation
  • Brendon's compensation has increased whilst company is loss making.
  • Brendon's remuneration is lower than average for companies of similar size in Australia.
Management Team Tenure

Average tenure of the Velocity Property Group management team in years:

0.9
Average Tenure
  • The average tenure for the Velocity Property Group management team is less than 2 years, this suggests a new team.
Management Team

Brendon Ansell

TITLE
CEO, MD & Executive Director
COMPENSATION
A$219K

Phillip Young

TITLE
CFO & Company Secretary
COMPENSATION
A$171K
TENURE
3.8 yrs

Philip Raff

TITLE
Commercial Manager & Executive Director
COMPENSATION
A$124K

Michelle Ng

TITLE
Accounts Manager
TENURE
0.9 yrs

Nicole Fisher

TITLE
Marketing Manager

Caroline Humbert

TITLE
National Sales Director
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure of the Velocity Property Group board of directors in years:

2.5
Average Tenure
  • The average tenure for the Velocity Property Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tony Pitt

TITLE
Chairman
TENURE
0.1 yrs

Brendon Ansell

TITLE
CEO, MD & Executive Director
COMPENSATION
A$219K
TENURE
4.9 yrs

Philip Raff

TITLE
Commercial Manager & Executive Director
COMPENSATION
A$124K
TENURE
3.7 yrs

James Storey

TITLE
Non-Executive Director
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Velocity Property Group individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
06. Mar 20 Buy Philip Raff Individual 02. Mar 20 02. Mar 20 144,034 A$1.03 A$147,704
30. Dec 19 Sell Brendon Ansell Individual 30. Dec 19 30. Dec 19 -1,227,908 A$0.70 A$-859,557
X
Management checks
We assess Velocity Property Group'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. Velocity Property Group 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.

VP7 News

Simply Wall St News

Do Institutions Own Velocity Property Group Limited (ASX:VP7) Shares?

Check out our latest analysis for Velocity Property Group ASX:VP7 Ownership Summary, July 17th 2019 What Does The Institutional Ownership Tell Us About Velocity Property Group? … Insider Ownership Of Velocity Property Group The definition of company insiders can be subjective, and does vary between jurisdictions. … However, high insider ownership can also give immense power to a small group within the company.

Simply Wall St -

Volatility 101: Should Velocity Property Group (ASX:VP7) Shares Have Dropped 42%?

For example, the Velocity Property Group Limited (ASX:VP7) share price is down 42% in the last year. … During the unfortunate twelve months during which the Velocity Property Group share price fell, it actually saw its earnings per share (EPS) improve by 185%. … A Different Perspective While Velocity Property Group shareholders are down 42% for the year, the market itself is up 12%.

Simply Wall St -

If You Had Bought Velocity Property Group Stock A Year Ago, You'd Be Sitting On A 44% Loss, Today

It is doubtless a positive to see that the Velocity Property Group Limited (ASX:VP7) share price has gained some 37% in the last three months. … In his essay The Superinvestors of Graham-and-Doddsville Warren Buffett described how share prices do not always rationally reflect the value of a business. … During the unfortunate twelve months during which the Velocity Property Group share price fell, it actually saw its earnings per share (EPS) improve by 185%.

Simply Wall St -

Do Institutions Own Velocity Property Group Limited (ASX:VP7) Shares?

A look at the shareholders of Velocity Property Group Limited (ASX:VP7) can tell us which group is most powerful. … Velocity Property Group is a smaller company with a market capitalization of AU$11m, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Velocity Property Group

Simply Wall St -

Should You Be Concerned About Velocity Property Group Limited's (ASX:VP7) Shareholders?

In this article, I will take a quick look at Velocity Property Group Limited’s (ASX:VP7) recent ownership structure – an unconventional investing subject, but an important one. … Therefore, it is beneficial for us to examine VP7's ownership structure in more detail. … ASX:VP7 Ownership Summary August 16th 18

Simply Wall St -

Should You Sell Velocity Property Group Limited (ASX:VP7) At This PE Ratio?

and want to begin learning the link between Velocity Property Group Limited (ASX:VP7)’s fundamentals and stock market performance. … Velocity Property Group Limited (ASX:VP7) is trading with a trailing P/E of 19.1x, which is higher than the industry average of 12.1x. … While this makes VP7 appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio

Simply Wall St -

Is Velocity Property Group Limited's (ASX:VP7) PE Ratio A Signal To Sell For Investors?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for VP7 Price per share = A$0.05 Earnings per share = A$0.003 ∴ Price-Earnings Ratio = A$0.05 ÷ A$0.003 = 19.5x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … VP7’s P/E of 19.5x is higher than its industry peers (13.1x), which implies that each dollar of VP7’s earnings is being overvalued by investors. … For example, if you are inadvertently comparing riskier firms with VP7, then VP7’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

Simply Wall St -

Are Velocity Property Group Limited's (ASX:VP7) Interest Costs Too High?

With this reduction in debt, VP7's cash and short-term investments stands at AU$4.85M , ready to deploy into the business. … Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … Next Steps: At its current level of cash flow coverage, VP7 has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

What Investors Should Know About Velocity Property Group Limited's (ASX:VP7) Financial Strength

VP7’s debt and cash flow levels indicate room for improvement. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue. … Furthermore, its cash flow coverage of less than a quarter of debt means that operating efficiency could also be an issue.

Simply Wall St -

VP7 Company Info

Description

Velocity Property Group Limited, together with its subsidiaries, engages in the property development business in Australia. It is involved in the development of residential multi-unit apartments, townhouses, and homes; and residential property investment activities. The company was incorporated in 2015 and is based in Bulimba, Australia.

Details
Name: Velocity Property Group Limited
VP7
Exchange: ASX
Founded: 2015
A$5,694,735
11,389,471
Website: http://www.velocitypropertygroup.com.au
Address: Velocity Property Group Limited
6/57–59 Oxford Street,
Bulimba,
Queensland, 4171,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX VP7 Ordinary Shares Australian Securities Exchange AU AUD 07. Feb 2017
Number of employees
Current staff
Staff numbers
0
Velocity Property Group employees.
Industry
Real Estate Development
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/03 01:45
End of day share price update: 2020/03/26 00:00
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/06/30


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.