BRIGHTSPIRE CAPITAL INC (BRSP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRSP - US10949T1097 - REIT
5.52 USD
+0.13 (+2.41%)
5.52 USD
0 (0%)
Overall BRSP gets a fundamental rating of 4 out of 10. We evaluated BRSP against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. BRSP has only an average score on both its financial health and profitability. BRSP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BRSP was profitable.
In the past year BRSP had a positive cash flow from operations.
In the past 5 years BRSP reported 4 times negative net income.
Of the past 5 years BRSP 4 years had a positive operating cash flow.
1.2 Ratios
The Return On Assets of BRSP (-1.15%) is worse than 77.94% of its industry peers.
Looking at the Return On Equity, with a value of -3.88%, BRSP is doing worse than 73.53% of the companies in the same industry.
BRSP has a Return On Invested Capital of 3.89%. This is amongst the best in the industry. BRSP outperforms 94.12% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BRSP is above the industry average of 1.23%.
The 3 year average ROIC (3.24%) for BRSP is below the current ROIC(3.89%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -3.88% | ||
| ROIC | 3.89% |
ROA(3y)-0.98%
ROA(5y)-2.09%
ROE(3y)-3.5%
ROE(5y)-7.73%
ROIC(3y)3.24%
ROIC(5y)N/A
1.3 Margins
With an excellent Operating Margin value of 47.34%, BRSP belongs to the best of the industry, outperforming 89.71% of the companies in the same industry.
BRSP's Operating Margin has improved in the last couple of years.
The Gross Margin of BRSP (83.39%) is better than 94.12% of its industry peers.
In the last couple of years the Gross Margin of BRSP has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 47.34% | ||
| PM (TTM) | N/A | ||
| GM | 83.39% |
OM growth 3Y-28.23%
OM growth 5Y31.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.22%
GM growth 5Y5.19%
2. Health
2.1 Basic Checks
BRSP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, BRSP has less shares outstanding
The number of shares outstanding for BRSP has been increased compared to 5 years ago.
The debt/assets ratio for BRSP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.35, we must say that BRSP is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.35, BRSP perfoms like the industry average, outperforming 47.06% of the companies in the same industry.
BRSP has a debt to FCF ratio of 26.31. This is a negative value and a sign of low solvency as BRSP would need 26.31 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 26.31, BRSP belongs to the top of the industry, outperforming 88.24% of the companies in the same industry.
BRSP has a Debt/Equity ratio of 2.22. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 2.22, BRSP is doing good in the industry, outperforming 79.41% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 26.31 | ||
| Altman-Z | -0.35 |
ROIC/WACC0.6
WACC6.44%
2.3 Liquidity
BRSP has a Current Ratio of 1.15. This is a normal value and indicates that BRSP is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BRSP (1.15) is better than 88.24% of its industry peers.
BRSP has a Quick Ratio of 1.15. This is a normal value and indicates that BRSP is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of BRSP (1.15) is better than 88.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
BRSP shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -27.66%.
Measured over the past years, BRSP shows a very strong growth in Earnings Per Share. The EPS has been growing by 37.65% on average per year.
The Revenue for BRSP has decreased by -13.35% in the past year. This is quite bad
The Revenue has been decreasing by -8.29% on average over the past years.
EPS 1Y (TTM)-27.66%
EPS 3Y25.01%
EPS 5Y37.65%
EPS Q2Q%-23.81%
Revenue 1Y (TTM)-13.35%
Revenue growth 3Y-0.36%
Revenue growth 5Y-8.29%
Sales Q2Q%-15.44%
3.2 Future
BRSP is expected to show a decrease in Earnings Per Share. In the coming years, the EPS will decrease by -8.13% yearly.
BRSP is expected to show a very negative growth in Revenue. In the coming years, the Revenue will decrease by -15.77% yearly.
EPS Next Y-18.16%
EPS Next 2Y-8.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-29.57%
Revenue Next 2Y-15.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
BRSP is valuated reasonably with a Price/Earnings ratio of 8.12.
Based on the Price/Earnings ratio, BRSP is valued a bit cheaper than 77.94% of the companies in the same industry.
When comparing the Price/Earnings ratio of BRSP to the average of the S&P500 Index (25.45), we can say BRSP is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.79, the valuation of BRSP can be described as very cheap.
67.65% of the companies in the same industry are more expensive than BRSP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 34.46, BRSP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 7.79 |
4.2 Price Multiples
BRSP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BRSP is cheaper than 97.06% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BRSP indicates a somewhat cheap valuation: BRSP is cheaper than 75.00% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.7 | ||
| EV/EBITDA | 14.26 |
4.3 Compensation for Growth
The decent profitability rating of BRSP may justify a higher PE ratio.
A cheap valuation may be justified as BRSP's earnings are expected to decrease with -8.13% in the coming years.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-8.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRSP has a Yearly Dividend Yield of 11.87%, which is a nice return.
BRSP's Dividend Yield is slightly below the industry average, which is at 12.59.
Compared to an average S&P500 Dividend Yield of 2.42, BRSP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.87% |
5.2 History
The dividend of BRSP decreases each year by -14.79%.
BRSP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-14.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BRSP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
BRSP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-219.36%
EPS Next 2Y-8.13%
EPS Next 3YN/A
5.52
+0.13 (+2.41%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners68.02%
Inst Owner Change4.96%
Ins Owners2.15%
Ins Owner Change0%
Market Cap717.54M
Revenue(TTM)327.83M
Net Income(TTM)-37.93M
Analysts73.33
Price Target6.22 (12.68%)
Short Float %2.4%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.87% |
Yearly Dividend0.76
Dividend Growth(5Y)-14.79%
DP-219.36%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.27%
Min EPS beat(2)-8.8%
Max EPS beat(2)13.33%
EPS beat(4)1
Avg EPS beat(4)-0.66%
Min EPS beat(4)-8.8%
Max EPS beat(4)13.33%
EPS beat(8)4
Avg EPS beat(8)5.17%
EPS beat(12)8
Avg EPS beat(12)7.45%
EPS beat(16)10
Avg EPS beat(16)5.89%
Revenue beat(2)1
Avg Revenue beat(2)1.33%
Min Revenue beat(2)-2.3%
Max Revenue beat(2)4.97%
Revenue beat(4)1
Avg Revenue beat(4)-5.46%
Min Revenue beat(4)-12.93%
Max Revenue beat(4)4.97%
Revenue beat(8)2
Avg Revenue beat(8)-5.97%
Revenue beat(12)4
Avg Revenue beat(12)13.49%
Revenue beat(16)8
Avg Revenue beat(16)74.91%
PT rev (1m)-4.94%
PT rev (3m)-4.94%
EPS NQ rev (1m)1.2%
EPS NQ rev (3m)0.8%
EPS NY rev (1m)0.3%
EPS NY rev (3m)3.16%
Revenue NQ rev (1m)4.27%
Revenue NQ rev (3m)4.74%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.36%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.12 | ||
| Fwd PE | 7.79 | ||
| P/S | 2.19 | ||
| P/FCF | 8.7 | ||
| P/OCF | 8.7 | ||
| P/B | 0.73 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 14.26 |
EPS(TTM)0.68
EY12.32%
EPS(NY)0.71
Fwd EY12.84%
FCF(TTM)0.63
FCFY11.5%
OCF(TTM)0.63
OCFY11.5%
SpS2.52
BVpS7.51
TBVpS7.31
PEG (NY)N/A
PEG (5Y)0.22
Graham Number10.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.15% | ||
| ROE | -3.88% | ||
| ROCE | 4.93% | ||
| ROIC | 3.89% | ||
| ROICexc | 4.04% | ||
| ROICexgc | 4.07% | ||
| OM | 47.34% | ||
| PM (TTM) | N/A | ||
| GM | 83.39% | ||
| FCFM | 25.17% |
ROA(3y)-0.98%
ROA(5y)-2.09%
ROE(3y)-3.5%
ROE(5y)-7.73%
ROIC(3y)3.24%
ROIC(5y)N/A
ROICexc(3y)3.49%
ROICexc(5y)N/A
ROICexgc(3y)3.53%
ROICexgc(5y)N/A
ROCE(3y)4.1%
ROCE(5y)N/A
ROICexgc growth 3Y-14.53%
ROICexgc growth 5Y43.03%
ROICexc growth 3Y-14.56%
ROICexc growth 5Y43.06%
OM growth 3Y-28.23%
OM growth 5Y31.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.22%
GM growth 5Y5.19%
F-Score5
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 26.31 | ||
| Debt/EBITDA | 11.15 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 42.4% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | -0.35 |
F-Score5
WACC6.44%
ROIC/WACC0.6
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-27.66%
EPS 3Y25.01%
EPS 5Y37.65%
EPS Q2Q%-23.81%
EPS Next Y-18.16%
EPS Next 2Y-8.13%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-13.35%
Revenue growth 3Y-0.36%
Revenue growth 5Y-8.29%
Sales Q2Q%-15.44%
Revenue Next Year-29.57%
Revenue Next 2Y-15.77%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y33.01%
EBIT growth 3Y-28.49%
EBIT growth 5Y20.64%
EBIT Next Year1924.96%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-40%
FCF growth 3YN/A
FCF growth 5Y-5.5%
OCF growth 1Y-40%
OCF growth 3YN/A
OCF growth 5Y-5.5%
BRIGHTSPIRE CAPITAL INC / BRSP FAQ
What is the fundamental rating for BRSP stock?
ChartMill assigns a fundamental rating of 5 / 10 to BRSP.
What is the valuation status of BRIGHTSPIRE CAPITAL INC (BRSP) stock?
ChartMill assigns a valuation rating of 6 / 10 to BRIGHTSPIRE CAPITAL INC (BRSP). This can be considered as Fairly Valued.
What is the profitability of BRSP stock?
BRIGHTSPIRE CAPITAL INC (BRSP) has a profitability rating of 6 / 10.
How financially healthy is BRIGHTSPIRE CAPITAL INC?
The financial health rating of BRIGHTSPIRE CAPITAL INC (BRSP) is 5 / 10.
What is the expected EPS growth for BRIGHTSPIRE CAPITAL INC (BRSP) stock?
The Earnings per Share (EPS) of BRIGHTSPIRE CAPITAL INC (BRSP) is expected to decline by -18.16% in the next year.