Virtu, SS&C Technologies and Envestnet are among the Capital Markets Fintech names that ought to draw attention from value investors.
We have updated our Capital Markets Fintech table as earnings reports have rolled in. If you are a value investor who looks to cash flow-based valuation metrics, Virtu (tkr: VIRT), SS&C Technologies (tkr: SSNC) and Envestnet (tkr: ENV), screen well based on Operating Cash Flow (“OCF”) yields of 20%, 7% and 5% respectively (median for the group is 4%). EV/LTM OCF multiples are 7x, 20x and 20x for VIRT, SSNC and ENV respectively (median for the group is 26x). You may access our table HERE. Contact us with questions.