BRIGHTSPIRE CAPITAL INC (BRSP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRSP - US10949T1097 - REIT
5.68 USD
+0.04 (+0.71%)
5.68 USD
0 (0%)
Taking everything into account, BRSP scores 4 out of 10 in our fundamental rating. BRSP was compared to 69 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 has a valuation in line with the averages, but on the other hand it scores bad on growth.
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.
BRSP had negative earnings in 4 of the past 5 years.
Of the past 5 years BRSP 4 years had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -1.15%, BRSP is not doing good in the industry: 78.26% of the companies in the same industry are doing better.
BRSP has a worse Return On Equity (-3.88%) than 73.91% of its industry peers.
BRSP has a better Return On Invested Capital (3.89%) than 94.20% 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 89.86% of the companies in the same industry.
In the last couple of years the Operating Margin of BRSP has grown nicely.
The Gross Margin of BRSP (83.39%) is better than 94.20% of its industry peers.
BRSP's Gross Margin has improved in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BRSP is destroying value.
Compared to 1 year ago, BRSP has less shares outstanding
BRSP has more shares outstanding than it did 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.
BRSP's Altman-Z score of -0.35 is in line compared to the rest of the industry. BRSP outperforms 46.38% of its industry peers.
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.
BRSP has a better Debt to FCF ratio (26.31) than 88.41% of its industry peers.
A Debt/Equity ratio of 2.22 is on the high side and indicates that BRSP has dependencies on debt financing.
BRSP's Debt to Equity ratio of 2.22 is fine compared to the rest of the industry. BRSP outperforms 78.26% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 26.31 | ||
| Altman-Z | -0.35 |
ROIC/WACC0.6
WACC6.46%
2.3 Liquidity
A Current Ratio of 1.15 indicates that BRSP should not have too much problems paying its short term obligations.
BRSP's Current ratio of 1.15 is amongst the best of the industry. BRSP outperforms 86.96% of its industry peers.
A Quick Ratio of 1.15 indicates that BRSP should not have too much problems paying its short term obligations.
BRSP's Quick ratio of 1.15 is amongst the best of the industry. BRSP outperforms 86.96% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The earnings per share for BRSP have decreased strongly by -27.66% in the last year.
BRSP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.65% yearly.
Looking at the last year, BRSP shows a very negative growth in Revenue. The Revenue has decreased by -13.35% in the last year.
BRSP shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -8.29% yearly.
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.
The Revenue is expected to decrease by -15.77% on average over the next years. This is quite bad
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 8.35 indicates a reasonable valuation of BRSP.
Based on the Price/Earnings ratio, BRSP is valued a bit cheaper than 78.26% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. BRSP is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 8.01, the valuation of BRSP can be described as very reasonable.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BRSP indicates a somewhat cheap valuation: BRSP is cheaper than 66.67% of the companies listed in the same industry.
BRSP's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.22.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.35 | ||
| Fwd PE | 8.01 |
4.2 Price Multiples
BRSP's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. BRSP is cheaper than 97.10% 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 73.91% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.93 | ||
| EV/EBITDA | 14.36 |
4.3 Compensation for Growth
BRSP has a very decent profitability rating, which may justify a higher PE ratio.
BRSP's earnings are expected to decrease with -8.13% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-8.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 11.35%, BRSP is a good candidate for dividend investing.
Compared to an average industry Dividend Yield of 13.00, BRSP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.32, BRSP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.35% |
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
The earnings of BRSP are negative and hence is the payout ratio. BRSP will probably not be able to sustain this dividend level.
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
5.68
+0.04 (+0.71%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners68.02%
Inst Owner Change4.97%
Ins Owners2.15%
Ins Owner Change0%
Market Cap736.87M
Revenue(TTM)327.83M
Net Income(TTM)-37.93M
Analysts73.33
Price Target6.22 (9.51%)
Short Float %2.86%
Short Ratio5.26
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.35% |
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)0%
PT rev (3m)-4.94%
EPS NQ rev (1m)1.4%
EPS NQ rev (3m)1%
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 | 8.35 | ||
| Fwd PE | 8.01 | ||
| P/S | 2.25 | ||
| P/FCF | 8.93 | ||
| P/OCF | 8.93 | ||
| P/B | 0.75 | ||
| P/tB | 0.78 | ||
| EV/EBITDA | 14.36 |
EPS(TTM)0.68
EY11.97%
EPS(NY)0.71
Fwd EY12.48%
FCF(TTM)0.64
FCFY11.2%
OCF(TTM)0.64
OCFY11.2%
SpS2.53
BVpS7.53
TBVpS7.33
PEG (NY)N/A
PEG (5Y)0.22
Graham Number10.73
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
WACC6.46%
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 4 / 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.