Velocity Composites (VEL)

Sector:

Defense and Aeronautics

Index:

FTSE AIM All-Share

29.50p
   
  • Change Today:
    -1.00p
  • 52 Week High: 56.00
  • 52 Week Low: 29.00
  • Currency: UK Pounds
  • Shares Issued: 53.47m
  • Volume: 47,720
  • Market Cap: £15.77m
  • 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% 2.2%
ROCE n/a  
Latest F'cast
P/E n/a 50.8
PEG n/a n/a
Pr/Revenue 1.0 0.6
Pr/Book 2.4  
Latest F'cast
Revenue 37.2% 68.8%
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 27.70 0.60 0.60p 49.2 n/a n/a n/a 0.0%
31-Oct-25 32.70 1.75 2.20p 13.4 0.1 +267% n/a 0.0%

Copyright © 2024 FactSet Research Systems Inc. All rights reserved.

VEL Company Announcements

Director/PDMR Shareholding 08-Apr-2024 16:38 RNS
Director/PDMR Shareholding 08-Apr-2024 07:00 RNS
Result of AGM 12-Mar-2024 16:50 RNS

Latest VEL Director Deals

Traded Action Notifier PriceAmountValue
08-Apr-24 Buy Andrew Beaden 30.35p 100,000 £30,350.00
05-Apr-24 Buy Andrew Beaden 30.68p 12,500 £3,835.50

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 29.50p
Change Today -1.00p
% Change -3.28 %
52 Week High 56.00
52 Week Low 29.00
Volume 47,720
Shares Issued 53.47m
Market Cap £15.77m
RiskGrade 402

VEL Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average74.9% below the market average
20% below the sector average20% below the sector average20% below the sector average20% below the sector average20% below the sector average
Price Trend
8.83% below the market average8.83% below the market average8.83% below the market average8.83% below the market average8.83% below the market average
81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average81.82% below the sector average
Income Not Available
Growth
17.96% above the market average17.96% above the market average17.96% above the market average17.96% above the market average17.96% above the market average
Sector averageSector averageSector averageSector averageSector average

VEL Dividends

No dividends found

Trades for 24-Apr-2024

Time Volume / Share Price
14:43 24,110 @ 29.00p
14:44 5,000 @ 29.35p
14:44 7,000 @ 29.35p
14:44 3 @ 30.00p
14:44 33 @ 30.00p

Top of Page