WallStSmart

PennyMac Finl Svcs Inc (PFSI)vsVelocity Financial Llc (VEL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

PennyMac Finl Svcs Inc generates 1435% more annual revenue ($3.46B vs $225.61M). VEL leads profitability with a 46.6% profit margin vs 14.5%. VEL trades at a lower P/E of 6.3x. VEL earns a higher WallStSmart Score of 66/100 (B-).

PFSI

Buy

62

out of 100

Grade: C+

Growth: 6.7Profit: 6.0Value: 4.7Quality: 3.3
Piotroski: 3/9

VEL

Strong Buy

66

out of 100

Grade: B-

Growth: 7.3Profit: 8.0Value: 8.3Quality: 3.0
Piotroski: 5/9Altman Z: 0.48
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

PFSISignificantly Overvalued (-25.3%)

Margin of Safety

-25.3%

Fair Value

$72.17

Current Price

$86.43

$14.26 premium

UndervaluedFair: $72.17Overvalued
VELUndervalued (+84.7%)

Margin of Safety

+84.7%

Fair Value

$128.70

Current Price

$17.68

$111.02 discount

UndervaluedFair: $128.70Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

PFSI2 strengths · Avg: 10.0/10
P/E RatioValuation
9.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

VEL5 strengths · Avg: 10.0/10
P/E RatioValuation
6.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Profit MarginProfitability
46.6%10/10

Keeps 47 of every $100 in revenue as profit

Operating MarginProfitability
61.7%10/10

Strong operational efficiency at 61.7%

EPS GrowthGrowth
55.5%10/10

Earnings expanding 55.5% YoY

Areas to Watch

PFSI4 concerns · Avg: 2.8/10
EPS GrowthGrowth
0.6%4/10

0.6% earnings growth

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

PEG RatioValuation
4.672/10

Expensive relative to growth rate

Free Cash FlowQuality
$-1.64B2/10

Negative free cash flow — burning cash

VEL4 concerns · Avg: 2.3/10
Market CapQuality
$681.12M3/10

Smaller company, higher risk/reward

Revenue GrowthGrowth
-4.4%2/10

Revenue declined 4.4%

Free Cash FlowQuality
$-4.57M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.482/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : PFSI

The strongest argument for PFSI centers on P/E Ratio, Price/Book.

Bull Case : VEL

The strongest argument for VEL centers on P/E Ratio, Price/Book, Profit Margin. Profitability is solid with margins at 46.6% and operating margin at 61.7%.

Bear Case : PFSI

The primary concerns for PFSI are EPS Growth, Piotroski F-Score, PEG Ratio. Debt-to-equity of 5.35 is elevated, increasing financial risk.

Bear Case : VEL

The primary concerns for VEL are Market Cap, Revenue Growth, Free Cash Flow. Debt-to-equity of 9.70 is elevated, increasing financial risk.

Key Dynamics to Monitor

PFSI profiles as a value stock while VEL is a declining play — different risk/reward profiles.

PFSI carries more volatility with a beta of 1.54 — expect wider price swings.

PFSI is growing revenue faster at 5.1% — sustainability is the question.

VEL generates stronger free cash flow (-5M), providing more financial flexibility.

Bottom Line

VEL scores higher overall (66/100 vs 62/100), backed by strong 46.6% margins. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

PennyMac Finl Svcs Inc

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

PennyMac Financial Services, Inc. is engaged in investment management and mortgage banking activities in the United States. The company is headquartered in Westlake Village, California.

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Velocity Financial Llc

FINANCIAL SERVICES · MORTGAGE FINANCE · USA

Velocity Financial, Inc. is a real estate finance company in the United States. The company is headquartered in Westlake Village, California.

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