Virtus Convertible & Income Fund Ratios | P/E, ROE & Valuation

On the Key Ratios page for Virtus Convertible & Income Fund (NCV), the latest P/E of 4.7 frames valuation, while ROE 17.64% and ROIC 14.02% indicates profitability and capital efficiency. Together with the current ratio of 0.72 and debt-to-equity 0.07, these signals help you judge whether valuation is supported by fundamentals across the historical rows.

Financial Performance Ratios

NCV Historical Per Share Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Revenue per Share$3.43$2.48$0.36$0.32$0.33$0.49$0.51$-0.07$0.62$0.25
Net Income per Share$3.99$2.89$0.12$-1.01$-0.43$1.72$0.50$-0.08$0.61$2.16
Operating Cash Flow per Share$1.22$1.43$1.90$1.51$0.00$0.00$0.00$0.00$0.00$0.00
Free Cash Flow per Share$1.22$1.43$1.90$1.51$0.00$0.00$0.00$0.00$0.00$0.00
Cash per Share$0.51$1.16$0.23$0.00$0.03$0.00$0.19$-2.72$-0.00$0.00
Book Value per Share$23.56$20.16$6.40$5.83$9.35$10.04$8.91$9.22$12.27$10.91
Tangible Book Value per Share$23.56$20.16$6.40$5.83$9.35$10.04$8.91$9.22$12.27$10.91
Interest Debt per Share$2.02$5.11$1.58$2.14$0.46$0.32$0.33$0.33$0.00$0.00
CAPEX per Share$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00

NCV Historical Valuation Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Price to Earnings (P/E)4.745.03105-15.68-49.0413.5740.97-304.3745.5512.82
Price to Book (P/B)0.70.722.052.722.272.332.292.712.262.54
Price to Sales (P/S)5.155.8536.0749.964.8947.8540.14-367.8944.63110.46
Enterprise Value to EBITDA4.416.5400017.53-909.36-23.01019.85
EV to Sales5.477.6139.4956.5666.1848.540.76-372.4245.02111.25
EV to Operating Cash Flow15.4213.237.5611.92000000
EV to Free Cash Flow15.4213.237.5611.92000000
Enterprise Value$396.06M$426.71M$971.26M$1.44B$1.91B$2.14B$1.87B$2.26B$2.14B$2.46B

NCV Historical Profitability Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Return on Equity (ROE)17.64%14.32%1.95%-17.34%-4.63%17.14%5.59%-0.89%4.96%19.82%
Return on Invested Capital (ROIC)14.02%12.42%3.79%3.06%2.47%41.93%8.35%-70.22%-1.54%19.80%
Return on Tangible Assets13.75%11.41%1.53%-12.37%-4.37%16.19%5.31%-0.83%4.91%19.68%
Earnings Yield24.16%19.88%0.95%-6.38%-2.04%7.37%2.44%-0.33%2.20%7.80%
Free Cash Flow Yield6.89%9.83%14.47%9.51%0.00%0.00%0.00%0.00%0.00%0.00%
Dividend Yield9.89%11.24%4.76%3.62%9.72%9.01%12.71%12.50%11.26%11.26%

NCV Historical Liquidity & Financial Strength

10 years
Metric (FY)TTM202420232022202120202019201820172016
Current Ratio0.720.521.10.760.50.322.080.792.114.72
Interest Coverage10.4111.732.818.66102.65554.5260.0155.1900
Income Quality0.320.5415.2-1.33000000
Debt to Equity0.070.240.230.360.050.030.040.0300
Debt to Assets5.56%19.14%17.98%25.89%4.57%3.00%3.41%3.25%0.00%0.00%
Net Debt to EBITDA0.261.510000.24-14.02-0.2800.14

NCV Historical Efficiency Ratios

10 years
Metric (FY)TTM202420232022202120202019201820172016
Receivables Turnover10.718.773.121.943.875.812.95-0.252.61.61
Payables Turnover0.930.680000.330.870.280.850
Inventory Turnover0000000.020.1400
Days Sales Outstanding34.0641.64116.91188.2494.3162.86123.79-1460.25140.14227.25
Days Payables Outstanding393.15535.680001102.52418.951320.88430.380
Days of Inventory on Hand00000016990.522664.6100

NCV Historical Market Metrics

10 years
Metric (FY)TTM202420232022202120202019201820172016
Enterprise Value to EBITDA4.416.5400017.53-909.36-23.01019.85
Market Cap$372.79M$328.06M$887.07M$1.27B$1.87B$2.11B$1.84B$2.24B$2.12B$2.44B
Enterprise Value$396.06M$426.71M$971.26M$1.44B$1.91B$2.14B$1.87B$2.26B$2.14B$2.46B
Dividend Yield9.89%11.24%4.76%3.62%9.72%9.01%12.71%12.50%11.26%11.26%
Payout Ratio43.82%56.54%500.08%-56.74%-476.53%122.20%520.51%-3804.63%512.64%144.31%

Frequently Asked Questions

How does Virtus Convertible & Income Fund’s P/E ratio compare with its history?

On this page, NCV's current P/E is 4.7, compared with a multi-year average around 32.5. A lower P/E versus its own history is a calculated gap versus that average—not a conclusion that the stock is cheap. Pair it with profitability and earnings quality in the table (for example ROE/ROIC) to see whether the multiple moved with earnings.

What is Virtus Convertible & Income Fund market cap?

Market cap is the market value of a company's equity and is commonly calculated as share price multiplied by shares outstanding. The latest market cap shown in the table is $372.79M. Pair market cap with valuation multiples (P/E, P/B, P/S) so you can evaluate whether size also corresponds with "quality" and profitability. For a wider view across stocks, you can also use the stock screener.

How does Virtus Convertible & Income Fund’s P/E compare with its industry?

There is no P/E Tickerplace rates as good. Compare the P/E on this page with Virtus Convertible & Income Fund's own historical range (in the table) and with peers via the Screener and Compare tools. A higher or lower multiple versus peers is a calculated gap, not a recommendation.

How does Virtus Convertible & Income Fund compare to its competitors in key financial ratios?

The fastest way to compare Virtus Convertible & Income Fund with competitors is to use the built-in "Peers Comparison" section on this page and the Compare tool. Focus on a small set of ratios that work together: P/E for valuation, ROE/ROIC for profitability and capital efficiency, current ratio and interest coverage for liquidity and solvency, and debt-to-equity for leverage risk. When you see Virtus Convertible & Income Fund outperform peers on profitability while keeping valuation and leverage reasonable, it often signals stronger fundamentals.

What do Virtus Convertible & Income Fund's liquidity and leverage ratios show?

Liquidity and leverage figures on this page are published ratios, not a verdict that Virtus Convertible & Income Fund is financially strong. Current ratio is about 0.72, which is below 1.0 and can suggest tighter short-term liquidity. Interest coverage is about 10.41, implying a stronger ability to cover interest expenses. Debt-to-equity is about 0.07, suggesting leverage is more moderate relative to a high-debt profile. Pair them with ROE/ROIC and cash-flow rows in the table. Tickerplace does not rate the company as a good or poor investment.

What do Virtus Convertible & Income Fund's financial ratios say about its future growth?

Ratios are a way to see what the business is likely to sustain. Look for upward trends in profitability metrics (ROE and ROIC), improving earnings/cash-flow backed measures, and stable or strengthening liquidity. If Virtus Convertible & Income Fund is sustaining strong returns (for example ROE at 17.64% and ROIC at 14.02%) while debt levels and interest coverage remain manageable, growth expectations may be more credible. If valuation multiples expand while returns weaken, the market may be pricing optimistic growth ahead of results.