Virtus Investment Partners (FRA:VIP) Cyclically Adjusted Price-to-FCF: 27.02 (As of Aug. 14, 2026) — 47% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:VIP Virtus Investment Partners Inc FRA:VIP
73 GF Score
Price €144.00
GF Value €159.12
Valuation Modestly Undervalued
! 11 Warning Signs
View Full Analysis

What is Virtus Investment Partners Cyclically Adjusted Price-to-FCF?

Virtus Investment Partners FRA:VIP -1.37% 73 Cyclically Adjusted Price-to-FCF is 27.02 as of Aug. 14, 2026, which is 47% below its 10-year median of 50.98. GuruFocus rates FRA:VIP with a GF Score™ of 73/100 and a GF Value™ of €159.12 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 520 Asset Management companies, Virtus Investment Partners ranks worse than 58.85% on this metric.

As of today (2026-08-14), Virtus Investment Partners's current share price is €144.00. Virtus Investment Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was €5.33. Virtus Investment Partners's Cyclically Adjusted Price-to-FCF for today is 27.02.

The historical rank and industry rank for Virtus Investment Partners's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

FRA:VIP' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 18.97   Med: 50.98   Max: 631.97
Current: 27.83

During the past years, Virtus Investment Partners's highest Cyclically Adjusted Price-to-FCF was 631.97. The lowest was 18.97. And the median was 50.98.

FRA:VIP's Cyclically Adjusted Price-to-FCF is ranked worse than
58.85% of 520 companies
in the Asset Management industry
Industry Median: 19.905 vs FRA:VIP: 27.83

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Virtus Investment Partners's adjusted free cash flow per share data for the three months ended in Jun. 2026 was €7.183. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is €5.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Virtus Investment Partners  (FRA:VIP) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Virtus Investment Partners Cyclically Adjusted Price-to-FCF Related Terms


Virtus Investment Partners Cyclically Adjusted Price-to-FCF Historical Data

* Premium members only.

The historical data trend for Virtus Investment Partners's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Virtus Investment Partners Cyclically Adjusted Price-to-FCF Chart

Virtus Investment Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 106.34 70.39 29.78

Virtus Investment Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.21 28.34 29.78 20.02 23.46

FRA:VIP vs AOD, FPF, CRF: Cyclically Adjusted Price-to-FCF Comparison

For the Asset Management subindustry, Virtus Investment Partners's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Virtus Investment Partners Cyclically Adjusted Price-to-FCF vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Virtus Investment Partners's Cyclically Adjusted Price-to-FCF falls into.


FRA:VIP
73GF Score
Virtus Investment Partners Inc FRA:VIP
Cyclically Adjusted Price-to-FCF is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Virtus Investment Partners Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Virtus Investment Partners's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=144.00/5.33
=27.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Virtus Investment Partners's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Virtus Investment Partners's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7.183/333.9520*333.9520
=7.183

Current CPI (Jun. 2026) = 333.9520.

Virtus Investment Partners Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -6.063 241.428 -8.387
201612 3.077 241.432 4.256
201703 -2.147 243.801 -2.941
201706 8.741 244.955 11.917
201709 -15.720 246.819 -21.270
201712 -8.929 246.524 -12.096
201803 -6.077 249.554 -8.132
201806 -9.553 251.989 -12.660
201809 5.329 252.439 7.050
201812 3.018 251.233 4.012
201903 -2.742 254.202 -3.602
201906 -13.298 256.143 -17.338
201909 4.431 256.759 5.763
201912 7.437 256.974 9.665
202003 -30.810 258.115 -39.862
202006 -22.215 257.797 -28.777
202009 7.339 260.280 9.416
202012 15.755 260.474 20.199
202103 15.397 264.877 19.412
202106 9.045 271.696 11.118
202109 19.591 274.310 23.851
202112 26.907 278.802 32.229
202203 -9.763 287.504 -11.340
202206 14.617 296.311 16.474
202209 15.713 296.808 17.679
202212 -2.960 296.797 -3.331
202303 -5.597 301.836 -6.193
202306 17.991 305.109 19.692
202309 15.728 307.789 17.065
202312 0.618 306.746 0.673
202403 -4.602 312.332 -4.921
202406 8.803 314.175 9.357
202409 8.629 315.301 9.139
202412 -14.012 315.605 -14.827
202503 -0.885 319.799 -0.924
202506 9.295 322.561 9.623
202509 13.259 324.800 13.633
202512 -30.935 324.054 -31.880
202603 4.263 330.213 4.311
202606 7.183 333.952 7.183

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted Price-to-FCF of 27.02 mean?
Virtus Investment Partners (FRA:VIP) has a Cyclically Adjusted Price-to-FCF of 27.02 as of Aug. 14, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Virtus Investment Partners and its competitors. This is 47% below median its historical median of 50.98. Over the past decade, Virtus Investment Partners' Cyclically Adjusted Price-to-FCF has ranged from 18.97 to 631.97. According to the industry distribution chart, Virtus Investment Partners ranks #306 out of 520 companies in the Asset Management industry, placing it in the top 58.8%.
Is Virtus Investment Partners' Cyclically Adjusted Price-to-FCF too high?
Virtus Investment Partners' current Cyclically Adjusted Price-to-FCF of 27.02 is 47% below median its 10-year median of 50.98. Over the past 10 years, this metric has ranged from a low of 18.97 to a high of 631.97. The Asset Management industry median Cyclically Adjusted Price-to-FCF is 19.91. Virtus Investment Partners' value of 27.02 is 35.7% above this industry median. Based on the distribution chart, Virtus Investment Partners ranks #306 out of 520 companies in the Asset Management industry, which is below the industry midpoint. Overall, Virtus Investment Partners has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Investment Partners' Cyclically Adjusted Price-to-FCF compare to AOD and FPF?
According to the Asset Management industry distribution chart, Virtus Investment Partners ranks #306 out of 520 companies for Cyclically Adjusted Price-to-FCF. This places Virtus Investment Partners in the lower half of its industry. The industry median Cyclically Adjusted Price-to-FCF is 19.91. Virtus Investment Partners' value of 27.02 is 35.7% above this benchmark. Historically, Virtus Investment Partners' own Cyclically Adjusted Price-to-FCF has ranged from 18.97 to 631.97 over the past decade. While the company's 10-year median is 50.98 vs. the industry median of 19.91, Virtus Investment Partners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for an Asset Management company?
The median Cyclically Adjusted Price-to-FCF among Asset Management companies is 19.91, based on 520 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Virtus Investment Partners's current Cyclically Adjusted Price-to-FCF of 27.02 is 35.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Virtus Investment Partners and its competitors. For the Asset Management industry, the median Cyclically Adjusted Price-to-FCF is 19.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Virtus Investment Partners's current Cyclically Adjusted Price-to-FCF is 27.02, which is 47% below median its own 10-year median of 50.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Investment Partners stock overvalued right now?
Based on GuruFocus' analysis, Virtus Investment Partners (FRA:VIP) is currently considered Modestly Undervalued. The stock's GF Value™ is €159.12, compared to a current price of €144.00 — trading 9.5% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 27.02, which is 47% below median its 10-year median of 50.98 and 35.7% above the Asset Management industry median of 19.91. Virtus Investment Partners' overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Virtus Investment Partners (FRA:VIP), the current Cyclically Adjusted Price-to-FCF is 27.02 as of Aug. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Virtus Investment Partners (FRA:VIP) Overvalued in 2026?

Based on GuruFocus' analysis, Virtus Investment Partners stock appears to be undervalued. The current stock price of €144.00 is trading 9.5% below its estimated GF Value™ of €159.12. GuruFocus considers Virtus Investment Partners to be Modestly Undervalued.

Key valuation signals for FRA:VIP:

  • Cyclically Adjusted Price-to-FCF: 27.02 (47% below median its 10-year median of 50.98)
  • GF Value™: €159.12 vs. price of €144.00 (9.5% below fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 35.7% above the Asset Management median (#306 of 520)

No single metric tells the full story. See the FRA:VIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Virtus Investment Partners Business Description

Other Exchanges VRTS:USA
Address One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to institutions and individuals. It uses a multi-manager, multi-style approach, offering investment strategies from investment managers, each having its distinct investment style, autonomous investment process, and individual brand, as well as from select unaffiliated managers for certain funds. Through its multi-manager model, the group provides investment managers with distribution, business, and operational support. The Company operates in one business segment, namely as an asset manager providing investment management and related services for individual and institutional clients.
73GF Score

Get the complete analysis for FRA:VIP

Cyclically Adjusted Price-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€144.00
Price
€159.12
GF Value