(BR) Broadridge Financial - Overview
Sector: Technology | Industry: Information Technology Services | Exchange: NYSE (USA) | Market Cap: 17.283m USD | Total Return: -36.2% in 12m
Avg Turnover: 225M
EPS Trend: 98.6%
Qual. Beats: 4
Rev. Trend: 99.4%
Qual. Beats: 0
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Broadridge Financial Solutions (BR) provides mission-critical investor communications and technology-driven infrastructure for the global financial services industry. The company operates through two primary segments: Investor Communication Solutions, which manages proxy voting and regulatory disclosure distribution, and Global Technology and Operations, which automates the trade lifecycle for equities, fixed income, and derivatives.
The business model relies heavily on a network effect within the proxy services sector, where Broadridge acts as a central hub between thousands of public corporations and millions of individual brokerage accounts. As a key player in the Data Processing & Outsourced Services industry, the firm benefits from high switching costs due to the deep integration of its technology into the back-office operations of major banks and broker-dealers.
Evaluating the long-term intrinsic value of these recurring service contracts on ValueRay can provide further clarity for your investment thesis. Broadridge continues to expand its digital footprint through its Communications Cloud platform and specialized outsourcing services for capital markets and wealth management firms.
- Global proxy volume growth drives recurring investor communication solutions revenue
- Financial regulatory changes mandate increased disclosure and reporting technology spending
- Capital markets transaction volumes influence trade processing and clearing service margins
- Strategic acquisitions expand total addressable market in wealth and asset management
- High customer retention rates provide stable cash flow and dividend growth potential
| Net Income: 1.10b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.15 > 0.02 and ΔFCF/TA 1.06 > 1.0 |
| NWC/Revenue: -1.49% < 20% (prev 5.82%; Δ -7.31% < -1%) |
| CFO/TA 0.16 > 3% & CFO 1.37b > Net Income 1.10b |
| Net Debt (3.28b) to EBITDA (1.98b): 1.66 < 3 |
| Current Ratio: 0.94 > 1.5 & < 3 |
| Outstanding Shares: last quarter (117.0m) vs 12m ago -1.27% < -2% |
| Gross Margin: 31.31% > 18% (prev 0.30%; Δ 3.10k% > 0.5%) |
| Asset Turnover: 86.10% > 50% (prev 82.23%; Δ 3.86% > 0%) |
| Interest Coverage Ratio: 13.54 > 6 (EBITDA TTM 1.98b / Interest Expense TTM 110.5m) |
| A: -0.01 (Total Current Assets 1.80b - Total Current Liabilities 1.91b) / Total Assets 8.78b |
| B: 0.49 (Retained Earnings 4.27b / Total Assets 8.78b) |
| C: 0.18 (EBIT TTM 1.50b / Avg Total Assets 8.50b) |
| D: 0.68 (Book Value of Equity 4.02b / Total Liabilities 5.96b) |
| Altman-Z'' = 3.39 = A |
| DSRI: 1.17 (Receivables 1.32b/1.04b, Revenue 7.32b/6.77b) |
| GMI: 0.97 (GM 31.31% / 30.41%) |
| AQI: 1.00 (AQ_t 0.78 / AQ_t-1 0.78) |
| SGI: 1.08 (Revenue 7.32b / 6.77b) |
| TATA: -0.03 (NI 1.10b - CFO 1.37b) / TA 8.78b) |
| Beneish M = -2.88 (Cap -4..+1) = A |
As of May 25, 2026, the stock is trading at USD 150.49 with a total of 879,010 shares traded.
Over the past week, the price has changed by +3.34%,
over one month by -2.95%,
over three months by -14.89% and
over the past year by -36.20%.
Broadridge Financial has received a consensus analysts rating of 3.50. Therefore, it is recommended to hold BR.
- StrongBuy: 0
- Buy: 5
- Hold: 5
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 206.5 | 37.2% |
P/E Trailing = 15.9818
P/E Forward = 14.2653
P/S = 2.3603
P/B = 6.1313
P/EG = 1.0268
Revenue TTM = 7.32b USD
EBIT TTM = 1.50b USD
EBITDA TTM = 1.98b USD
Long Term Debt = 2.73b USD (from longTermDebt, last quarter)
Short Term Debt = 538.7m USD (from shortTermDebt, last quarter)
Debt = 3.59b USD (from shortLongTermDebtTotal, last quarter) + Leases 180.3m
Net Debt = 3.28b USD (calculated: Debt 3.59b - CCE 304.8m)
Enterprise Value = 20.6b USD (17.3b + Debt 3.59b - CCE 304.8m)
Interest Coverage Ratio = 13.54 (Ebit TTM 1.50b / Interest Expense TTM 110.5m)
EV/FCF = 15.86x (Enterprise Value 20.6b / FCF TTM 1.30b)
FCF Yield = 6.30% (FCF TTM 1.30b / Enterprise Value 20.6b)
FCF Margin = 17.70% (FCF TTM 1.30b / Revenue TTM 7.32b)
Net Margin = 15.03% (Net Income TTM 1.10b / Revenue TTM 7.32b)
Gross Margin = 31.31% ((Revenue TTM 7.32b - Cost of Revenue TTM 5.03b) / Revenue TTM)
Gross Margin QoQ = 32.09% (prev 27.63%)
Tobins Q-Ratio = 2.34 (Enterprise Value 20.6b / Total Assets 8.78b)
Interest Expense / Debt = 3.08% (Interest Expense 110.5m / Debt 3.59b)
Taxrate = 18.88% (64.3m / 340.6m)
NOPAT = 1.21b (EBIT 1.50b * (1 - 18.88%))
Current Ratio = 0.94 (Total Current Assets 1.80b / Total Current Liabilities 1.91b)
Debt / Equity = 1.27 (Debt 3.59b / totalStockholderEquity, last quarter 2.82b)
Debt / EBITDA = 1.66 (Net Debt 3.28b / EBITDA 1.98b)
Debt / FCF = 2.53 (Net Debt 3.28b / FCF TTM 1.30b)
Total Stockholder Equity = 2.75b (last 4 quarters mean from totalStockholderEquity)
RoA = 12.94% (Net Income 1.10b / Total Assets 8.78b)
RoE = 40.06% (Net Income TTM 1.10b / Total Stockholder Equity 2.75b)
RoCE = 27.33% (EBIT 1.50b / Capital Employed (Equity 2.75b + L.T.Debt 2.73b))
RoIC = 16.38% (NOPAT 1.21b / Invested Capital 7.41b)
WACC = 6.17% (E(17.3b)/V(20.9b) * Re(6.93%) + D(3.59b)/V(20.9b) * Rd(3.08%) * (1-Tc(0.19)))
Discount Rate = 6.93% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.41 | Cagr: -0.79%
[DCF] Terminal Value 77.96% ; FCFF base≈1.23b ; Y1≈1.41b ; Y5≈2.07b
[DCF] Fair Price = 240.9 (EV 31.1b - Net Debt 3.28b = Equity 27.9b / Shares 115.7m; r=8.35% [WACC [floored]]; 5y FCF grow 14.93% → 2.50% )
EPS Correlation: 98.62 | EPS CAGR: 11.54% | SUE: 1.17 | # QB: 4
Revenue Correlation: 99.41 | Revenue CAGR: 6.75% | SUE: 0.84 | # QB: 0
EPS next Quarter (2026-09-30): EPS=1.52 | Chg30d=-0.52% | Revisions=+40% | Analysts=7
EPS current Year (2026-06-30): EPS=9.54 | Chg30d=+0.47% | Revisions=+50% | GrowthEPS=+11.6% | GrowthRev=+7.8%
EPS next Year (2027-06-30): EPS=10.41 | Chg30d=+0.64% | Revisions=+23% | GrowthEPS=+9.1% | GrowthRev=+4.6%
[Analyst] Revisions Ratio: +50%