Velocity Composites (VEL)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

35.10p
   
  • Change Today:
    -0.20p
  • 52 Week High: 65.00
  • 52 Week Low: 14.50
  • Currency: UK Pounds
  • Shares Issued: 36.92m
  • Volume: 693
  • Market Cap: £12.96m
  • 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.

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Financials

Latest F'cast
Div Yield 0.0% 0.0%
Div Cover n/a n/a
Op Mrgn -11.0% -6.1%
ROCE n/a  
Latest F'cast
P/E n/a n/a
PEG n/a n/a
Pr/Revenue 1.1 0.7
Pr/Book 3.8  
Latest F'cast
Revenue 22.4% 68.0%
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-18 24.48 (1.21) (3.00)p n/a n/a n/a n/a 0.0%
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%

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-23 20.09 (1.23) (0.03)p n/a n/a n/a n/a 0.0%
31-Oct-24 33.39 2.10 0.04p 928.9 n/a n/a n/a 0.0%

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VEL Company Announcements

PDMR Shareholding 17-Mar-2023 16:37 RNS
Exercise of Options and Issue of Equity 06-Mar-2023 07:00 RNS
Results of Annual General Meeting 28-Feb-2023 14:08 RNS

VEL ShareCast News

Velocity Composites surges on new deal with GKN 20-Dec-2022 ShareCast
Velocity Composites first-half sales meet expect... 24-May-2022 ShareCast
Velocity Composites losses widen in first half 24-May-2021 ShareCast

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 35.10p
Change Today -0.20p
% Change -0.57 %
52 Week High 65.00
52 Week Low 14.50
Volume 693
Shares Issued 36.92m
Market Cap £12.96m
RiskGrade 402

VEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
39.1% below the market average39.1% below the market average39.1% below the market average39.1% below the market average39.1% below the market average
27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average27.27% below the sector average
Price Trend
98.60% above the market average98.60% above the market average98.60% above the market average98.60% above the market average98.60% above the market average
81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average81.82% above the sector average
Income Not Available
Growth
35.02% below the market average35.02% below the market average35.02% below the market average35.02% below the market average35.02% below the market average
9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average9.09% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
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 23-Mar-2023

Time Volume / Share Price
13:11 693 @ 35.00p

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