(BR) Broadridge Financial - Overview
Stock: Proxy, Communications, Trade Processing, Compliance, Outsourcing
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 1.56% |
| Yield on Cost 5y | 2.77% |
| Yield CAGR 5y | 11.16% |
| Payout Consistency | 100.0% |
| Payout Ratio | 40.8% |
| Risk 5d forecast | |
|---|---|
| Volatility | 36.8% |
| Relative Tail Risk | -4.80% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.18 |
| Alpha | -33.98 |
| Character TTM | |
|---|---|
| Beta | 0.555 |
| Beta Downside | 0.590 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.61% |
| CAGR/Max DD | 0.28 |
Description: BR Broadridge Financial December 17, 2025
Broadridge Financial Solutions (NYSE:BR) delivers investor communications and technology-driven workflow automation to banks, broker-dealers, corporate issuers, and fund managers worldwide, operating through two primary segments: Investor Communication Solutions and Global Technology & Operations.
The Investor Communication Solutions segment manages proxy material distribution, electronic voting (via ProxyEdge), regulatory filings, and omni-channel content delivery, while also providing mutual fund and ETF trade processing, data-analytics, and registrar services. In FY 2023 the segment generated roughly $2.8 billion in revenue, reflecting a 7% year-over-year increase driven by heightened demand for digital proxy voting and SEC filing automation.
The Global Technology & Operations segment automates the front-to-back lifecycle of equities, fixed income, FX, and derivatives, offering services such as trade confirmation, margin and cash management, reference-data reconciliation, and compliance reporting. This segment posted about $1.9 billion in FY 2023 revenue, with operating margins expanding to 31% as clients adopt end-to-end cloud solutions to reduce operational costs.
Key industry drivers include rising regulatory complexity (e.g., ESG disclosure requirements), accelerated fintech adoption, and the shift toward cloud-based, real-time processing-trends that position Broadridge to capture incremental market share. For a deeper dive into the valuation nuances, you might explore ValueRay’s detailed model.
Piotroski VR‑10 (Strict, 0-10) 8.5
| Net Income: 1.07b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 4.22 > 1.0 |
| NWC/Revenue: -0.68% < 20% (prev 5.90%; Δ -6.58% < -1%) |
| CFO/TA 0.17 > 3% & CFO 1.43b > Net Income 1.07b |
| Net Debt (3.14b) to EBITDA (1.86b): 1.69 < 3 |
| Current Ratio: 0.97 > 1.5 & < 3 |
| Outstanding Shares: last quarter (117.7m) vs 12m ago -0.51% < -2% |
| Gross Margin: 31.22% > 18% (prev 0.30%; Δ 3092 % > 0.5%) |
| Asset Turnover: 85.13% > 50% (prev 81.20%; Δ 3.93% > 0%) |
| Interest Coverage Ratio: 12.46 > 6 (EBITDA TTM 1.86b / Interest Expense TTM 118.9m) |
Altman Z'' 3.40
| A: -0.01 (Total Current Assets 1.69b - Total Current Liabilities 1.74b) / Total Assets 8.64b |
| B: 0.47 (Retained Earnings 4.10b / Total Assets 8.64b) |
| C: 0.18 (EBIT TTM 1.48b / Avg Total Assets 8.44b) |
| D: 0.68 (Book Value of Equity 3.91b / Total Liabilities 5.76b) |
| Altman-Z'' Score: 3.40 = A |
Beneish M -3.05
| DSRI: 1.00 (Receivables 1.12b/1.04b, Revenue 7.18b/6.68b) |
| GMI: 0.97 (GM 31.22% / 30.25%) |
| AQI: 0.99 (AQ_t 0.77 / AQ_t-1 0.78) |
| SGI: 1.07 (Revenue 7.18b / 6.68b) |
| TATA: -0.04 (NI 1.07b - CFO 1.43b) / TA 8.64b) |
| Beneish M-Score: -3.05 (Cap -4..+1) = AA |
What is the price of BR shares?
Over the past week, the price has changed by -8.72%, over one month by -18.94%, over three months by -18.53% and over the past year by -24.11%.
Is BR a buy, sell or hold?
- StrongBuy: 0
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BR price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 245.9 | 35.8% |
| Analysts Target Price | 245.9 | 35.8% |
| ValueRay Target Price | 176.6 | -2.4% |
BR Fundamental Data Overview February 08, 2026
P/E Forward = 19.6078
P/S = 2.9578
P/B = 7.3758
P/EG = 1.4737
Revenue TTM = 7.18b USD
EBIT TTM = 1.48b USD
EBITDA TTM = 1.86b USD
Long Term Debt = 2.67b USD (from longTermDebt, last quarter)
Short Term Debt = 538.6m USD (from shortTermDebt, last quarter)
Debt = 3.51b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.14b USD (from netDebt column, last quarter)
Enterprise Value = 24.38b USD (21.24b + Debt 3.51b - CCE 370.7m)
Interest Coverage Ratio = 12.46 (Ebit TTM 1.48b / Interest Expense TTM 118.9m)
EV/FCF = 17.96x (Enterprise Value 24.38b / FCF TTM 1.36b)
FCF Yield = 5.57% (FCF TTM 1.36b / Enterprise Value 24.38b)
FCF Margin = 18.91% (FCF TTM 1.36b / Revenue TTM 7.18b)
Net Margin = 14.86% (Net Income TTM 1.07b / Revenue TTM 7.18b)
Gross Margin = 31.22% ((Revenue TTM 7.18b - Cost of Revenue TTM 4.94b) / Revenue TTM)
Gross Margin QoQ = 27.63% (prev 26.59%)
Tobins Q-Ratio = 2.82 (Enterprise Value 24.38b / Total Assets 8.64b)
Interest Expense / Debt = 0.79% (Interest Expense 27.7m / Debt 3.51b)
Taxrate = 23.15% (85.7m / 370.2m)
NOPAT = 1.14b (EBIT 1.48b * (1 - 23.15%))
Current Ratio = 0.97 (Total Current Assets 1.69b / Total Current Liabilities 1.74b)
Debt / Equity = 1.22 (Debt 3.51b / totalStockholderEquity, last quarter 2.88b)
Debt / EBITDA = 1.69 (Net Debt 3.14b / EBITDA 1.86b)
Debt / FCF = 2.31 (Net Debt 3.14b / FCF TTM 1.36b)
Total Stockholder Equity = 2.60b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.65% (Net Income 1.07b / Total Assets 8.64b)
RoE = 41.06% (Net Income TTM 1.07b / Total Stockholder Equity 2.60b)
RoCE = 28.09% (EBIT 1.48b / Capital Employed (Equity 2.60b + L.T.Debt 2.67b))
RoIC = 19.22% (NOPAT 1.14b / Invested Capital 5.92b)
WACC = 6.92% (E(21.24b)/V(24.75b) * Re(7.96%) + D(3.51b)/V(24.75b) * Rd(0.79%) * (1-Tc(0.23)))
Discount Rate = 7.96% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -81.65 | Cagr: -0.42%
[DCF Debug] Terminal Value 84.87% ; FCFF base≈1.19b ; Y1≈1.47b ; Y5≈2.51b
Fair Price DCF = 437.1 (EV 54.17b - Net Debt 3.14b = Equity 51.03b / Shares 116.7m; r=6.92% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 15.76 | EPS CAGR: -5.04% | SUE: 2.71 | # QB: 3
Revenue Correlation: 42.56 | Revenue CAGR: 3.01% | SUE: 2.78 | # QB: 2
EPS next Quarter (2026-03-31): EPS=2.64 | Chg30d=-0.070 | Revisions Net=-1 | Analysts=8
EPS current Year (2026-06-30): EPS=9.49 | Chg30d=+0.043 | Revisions Net=-1 | Growth EPS=+11.0% | Growth Revenue=+6.6%
EPS next Year (2027-06-30): EPS=10.34 | Chg30d=+0.067 | Revisions Net=-1 | Growth EPS=+8.9% | Growth Revenue=+4.5%