Velocity Composites (VEL)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

 39.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 56.00
  • 52 Week Low: 29.00
  • Currency: UK Pounds
  • Shares Issued: 53.47m
  • Volume: 69,920
  • Market Cap: £21.12m
  • RiskGrade: 402

VEL Overview

Velocity Composites manufactures advanced carbon fibre and ancillary material kits for use in the production of aircraft. The Company uses its process knowledge, business processes and proprietary software to reduce the amount of material required by its customers and also reduce the associated material waste when making aircraft parts. In turn, this reduces the aircraft manufacturer’s costs, with the kits delivered on time and in the required form to allow its customers to more readily meet the significant increases in build rates.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Financials

Latest F'cast
Div Yield 0.0% 0.0%
Div Cover n/a n/a
Op Mrgn -17.2% 1.5%
ROCE n/a  
Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue 1.3 0.8
Pr/Book 3.2  
Latest F'cast
Revenue 37.2% 64.2%
PBT n/a n/a
EPS n/a n/a
DPS n/a n/a

VEL Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Oct-19 24.32 (0.65) (2.00)p n/a n/a n/a n/a 0.0%
31-Oct-20 13.56 (3.25) (8.00)p n/a n/a n/a n/a 0.0%
31-Oct-21 9.77 (1.55) (3.00)p n/a n/a n/a n/a 0.0%
31-Oct-22 11.96 (1.50) (4.00)p n/a n/a n/a n/a 0.0%
31-Oct-23 16.41 (3.14) (8.00)p n/a n/a n/a n/a 0.0%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

VEL Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Oct-24 26.95 0.40 n/a n/a n/a n/a n/a 0.0%
31-Oct-25 32.30 1.45 1.85p 21.4 n/a n/a n/a 0.0%

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VEL Company Announcements

Trading Update & Notice of Results 22-May-2024 07:00 RNS
Replacement: Holding(s) in Company 13-May-2024 17:12 RNS
Holding(s) in Company 13-May-2024 14:31 RNS

Latest VEL Director Deals

No deals were found in the last 28 days.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

VEL Market Data

Currency UK Pounds
Share Price 39.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 56.00
52 Week Low 29.00
Volume 69,920
Shares Issued 53.47m
Market Cap £21.12m
RiskGrade 402

VEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
42.78% below the market average42.78% below the market average42.78% below the market average42.78% below the market average42.78% below the market average
Sector averageSector averageSector averageSector averageSector average
Price Trend
21.14% above the market average21.14% above the market average21.14% above the market average21.14% above the market average21.14% above the market average
45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average45.45% below the sector average
Income Not Available
Growth
19.14% above the market average19.14% above the market average19.14% above the market average19.14% above the market average19.14% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

VEL Dividends

No dividends found

Trades for 07-Jun-2024

Time Volume / Share Price
15:44 20,000 @ 40.00p
15:45 1 @ 39.00p
13:55 1 @ 38.00p
13:51 14,917 @ 39.16p
12:28 10,000 @ 39.73p

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