Vinci Partners Investments Ltd. (VINP)
NASDAQ:VINP
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Vinci Partners Investments
(NASDAQ:VINP)
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Rating:73Outperform
Price Target:
$12.50
â–¼(-0.08% Downside)
Action:ReiteratedDate:03/07/26
The score is driven primarily by solid financial strength (profitability, improving ROE, and supportive cash generation) and a constructive earnings outlook (FRE/AUM growth and strong fundraising), supported by an attractive dividend yield. These positives are tempered by weak technicals (downtrend/negative MACD) and the notable 2025 revenue contraction, which increases near-term execution risk.
Positive Factors
High Fee-Related Earnings and Margins
Sustained FRE above 30% signals durable, high-margin recurring economics: management fees dominate revenue, so high FRE margins support predictable cash earnings, underpin dividend capacity and fund operations even if performance fees vary, strengthening medium-term earnings resilience.
Negative Factors
2025 Revenue Contraction
A sharp revenue drop in 2025 signals sensitivity to timing of realizations and product mix shifts; if fundraising or realizations slow, recurring fee growth and performance fees can compress, making earnings and FRE more volatile over the next 2–6 months.
Read all positive and negative factors
Positive Factors
Negative Factors
High Fee-Related Earnings and Margins
Sustained FRE above 30% signals durable, high-margin recurring economics: management fees dominate revenue, so high FRE margins support predictable cash earnings, underpin dividend capacity and fund operations even if performance fees vary, strengthening medium-term earnings resilience.
Read all positive factors
Vinci Partners Investments (VINP) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$676.72M
Dividend Yield4.56%
Average Volume (3M)47.30K
Price to Earnings (P/E)21.2
Beta (1Y)0.75
Revenue Growth81.45%
EPS Growth-26.75%
CountryUS
Employees594
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)0.24
Shares Outstanding48,778,420
10 Day Avg. Volume49,209
30 Day Avg. Volume47,305
Financial Highlights & Ratios
PEG Ratio0.38
Price to Book (P/B)2.29
Price to Sales (P/S)4.73
P/FCF Ratio24.99
Enterprise Value/Market Cap4.80
Enterprise Value/Revenue3.39
Enterprise Value/Gross Profit3.60
Enterprise Value/Ebitda8.15
Forecast
1Y Price Target
$15.00Price Target Upside19.90% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)5.08
Revenue Forecast (FY)$1.04B
Vinci Partners Investments Business Overview & Revenue Model
Company Description
Vinci Compass Investments Ltd. operates as an asset management firm in Brazil. It operates through six segments: Global Investment Products & Solutions (IP&S), Credit, Private Equity, Equities, Real Assets, and Corporate Advisory. The Global IP&S ...
How the Company Makes Money
Vinci Partners generates revenue primarily through management fees and performance fees associated with the funds it manages. Management fees are typically a percentage of the assets under management (AUM), providing a steady income stream as the ...
Vinci Partners Investments Earnings Call Summary
Earnings Call Date:Mar 04, 2026
(Q4-2025)
| % Change Since: |
Next Earnings Date:May 11, 2026
Earnings Call Sentiment Positive
The call conveyed strong operational and financial momentum: double-digit AUM growth (13% YoY), robust fundraising across Credit and Global IP&S, significant management fee growth (+29% YoY in Q4), expanded margins (FRE margin >30%), record IRE in the quarter, successful M&A (Verde) and notable private equity liquidity events (Agibank IPO with 3.8x MOIC and 35% IRR). Challenges were acknowledged but contained: advisory fees and upfronts are lumpy and expected slightly lower in 2026, performance fees normalized, equities saw Q4 outflows, and political/macro volatility (elections) could create near-term fundraising uncertainty. Overall, positives — including recurring fee growth, margin expansion, deal execution, and visible product/mandate wins — materially outweigh the near-term and expected cyclical headwinds.Positive Updates
Strong AUM Growth and Capital Formation
Total AUM reached BRL 354 billion at year-end; Q4 capital formation and appreciation totaled BRL 14 billion and full-year capital formation and appreciation totaled BRL 42 billion, representing 13% year-over-year growth.
Negative Updates
Advisory Fees Decline and Upfronts Volatility
Advisory fees totaled BRL 15 million in Q4 and decreased year-over-year. Management noted upfront advisory (TPD alts) can be lumpy and expects total advisory (upfront + corporate advisory) to be slightly lower in 2026 versus 2025.
Read all updates
Q4-2025 Updates
Positive
Negative
Strong AUM Growth and Capital Formation
Total AUM reached BRL 354 billion at year-end; Q4 capital formation and appreciation totaled BRL 14 billion and full-year capital formation and appreciation totaled BRL 42 billion, representing 13% year-over-year growth.
Read all positive updates
Company Guidance
The company guided to continued FRE growth in 2026 driven by a strong fundraising pipeline and the full contribution of Verde, aiming to sustain FRE margins near the 30–33% range (Q4 FRE BRL 80.4m / BRL 1.23 per share, FRE margin 32.6%; FY FRE BRL 288.4m / BRL 4.52 per share, FY margin 30.4%), and to repeat low double‑digit AUM growth on a currency‑adjusted basis (2025 AUM BRL 354bn; BRL 14bn of capital formation/appreciation in Q4; BRL 42bn for FY, +13% YoY; Verde added ~BRL 16bn). Management flagged specific credit momentum (Credit AUM BRL 36bn, +25% YoY; Credit Q4 capital formation ~BRL 3bn, FY ~BRL 10bn; LatAm corporate debt net inflows >BRL 300m in Q4 and BRL 2.4bn YTD), Global IP&S TPD net inflows BRL 4.6bn in Q4, and institutional mandates (a BRL 2.8bn SMA). They expect IRE to become a more material contributor in 2026 after a record Q4 IRE of BRL 45m (with realized IRE runway targeting >BRL 100m annual run‑rate from GP commitments of ~BRL 1.4bn and a portfolio gross blended target IRR of 18–20%, with realizations contemplated 2028–2031), while signaling advisory/upfront fees are likely to be slightly below 2025 (Q4 advisory BRL 15m; Q4 management fees BRL 220m, +29% YoY). The board approved a quarterly dividend of $0.17 per share (payable Apr 2, record Mar 19), and management reiterated ongoing M&A synergies (M&A funded with ~BRL 400m cash plus ~15m shares, blended EV/FRE 8.6x) and capital returns ( >BRL 1.4bn returned since IPO).Vinci Partners Investments Financial Statement Overview
Summary
Income Statement
74
Positive
Balance Sheet
86
Very Positive
Cash Flow
78
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 958.20M | 665.10M | 564.78M | 502.27M | 493.44M |
| Gross Profit | 901.76M | 453.51M | 493.92M | 358.73M | 339.41M |
| EBITDA | 413.32M | 260.82M | 322.71M | 302.77M | 284.14M |
| Net Income | 213.31M | 118.20M | 220.61M | 219.42M | 208.62M |
Balance Sheet | |||||
| Total Assets | 4.03B | 3.59B | 2.30B | 1.77B | 1.65B |
| Cash, Cash Equivalents and Short-Term Investments | 1.81B | 1.75B | 1.83B | 1.38B | 1.48B |
| Total Debt | 127.11M | 981.00M | 689.90M | 261.50M | 85.54M |
| Total Liabilities | 1.98B | 1.64B | 918.95M | 391.41M | 232.13M |
| Stockholders Equity | 1.98B | 1.94B | 1.38B | 1.37B | 1.41B |
Cash Flow | |||||
| Free Cash Flow | 181.18M | 190.45M | 177.44M | 111.42M | 285.60M |
| Operating Cash Flow | 220.32M | 209.77M | 214.18M | 117.90M | 288.69M |
| Investing Cash Flow | 93.68M | -232.13M | 138.03M | 131.84M | -1.32B |
| Financing Cash Flow | -265.77M | -429.23M | 175.02M | -215.51M | 1.05B |
Vinci Partners Investments Technical Analysis
Neutral
12.51
Price Trends
11.25
Negative
11.87
Negative
10.94
Negative
Market Momentum
-0.14
Negative
49.83
Neutral
76.75
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For VINP, the sentiment is Neutral. The current price of 12.51 is above the 20-day moving average (MA) of 10.35, above the 50-day MA of 11.25, and above the 200-day MA of 10.94, indicating a neutral trend. The MACD of -0.14 indicates Negative momentum. The RSI at 49.83 is Neutral, neither overbought nor oversold. The STOCH value of 76.75 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for VINP.
Vinci Partners Investments Risk Analysis
Vinci Partners Investments disclosed 107 risk factors in its most recent earnings report. Vinci Partners Investments reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 3 New Risks
1.
Until the completion or termination of the Compass Transaction, we and Compass are prohibited from entering into certain transactions and taking certain actions that might otherwise be beneficial to us, Compass and/or our respective shareholders. Q4, 2023
2.
Failure to complete the Compass Transaction could negatively impact our stock price and our future business and financial results. Q4, 2023
3.
The market price for our Class A common shares following the completion of the Compass Transaction may be affected by factors different from, or in addition to, those that historically have affected or currently affect the market prices of our Class A common shares. Q4, 2023
Vinci Partners Investments Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | $676.72M | 21.23 | 15.08% | 4.56% | 81.45% | -26.75% | |
69 Neutral | $665.24M | 10.22 | 8.75% | 14.71% | -8.32% | -33.94% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | $679.76M | 9.74 | 11.68% | 11.47% | -12.17% | -14.93% | |
58 Neutral | $818.87M | 9.11 | 9.32% | 10.80% | -6.30% | -6.92% | |
58 Neutral | $460.06M | 15.08 | 4.81% | 13.20% | -20.18% | -61.90% | |
53 Neutral | $323.83M | -5.23 | -12.44% | 21.13% | -91.81% | 78.46% |
* Financial Sector Average
VINP
Vinci Partners Investments
10.70
1.73
19.33%
FDUS
Fidus Investment
17.91
1.61
9.88%
SLRC
SLR Investment Corp.
15.01
1.63
12.22%
TCPC
BlackRock TCP Capital
3.84
-1.67
-30.36%
CCAP
Crescent Capital BDC
12.46
-0.52
-4.03%
NCDL
Nuveen Churchill Direct Lending Corp.
13.47
0.45
3.42%
Vinci Partners Investments Corporate Events
Vinci Compass Posts Strong 2025 Results and Declares Dividend After Pan-Regional Expansion
Mar 5, 2026
On March 4, 2026, Rio de Janeiro-based Vinci Compass Investments Ltd. reported its fourth-quarter and full-year 2025 earnings, marking its first full year as a pan-regional platform following its combination with Compass and the announced acquisit...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.