BRIGHTSPIRE CAPITAL INC (BRSP) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BRSP - US10949T1097 - REIT
5.61 USD
-0.03 (-0.53%)
5.61 USD
0 (0%)
Overall BRSP gets a fundamental rating of 4 out of 10. We evaluated BRSP against 69 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. BRSP has an average financial health and profitability rating. BRSP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
BRSP had positive earnings in the past year.
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
BRSP's Return On Assets of -1.15% is on the low side compared to the rest of the industry. BRSP is outperformed by 78.26% of its industry peers.
The Return On Equity of BRSP (-3.88%) is worse than 73.91% of its industry peers.
BRSP has a Return On Invested Capital of 3.89%. This is amongst the best in the industry. BRSP outperforms 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 1.22%.
The last Return On Invested Capital (3.89%) for BRSP is above the 3 year average (3.24%), which is a sign of increasing profitability.
| 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
BRSP's Operating Margin of 47.34% is amongst the best of the industry. BRSP outperforms 89.86% of its industry peers.
In the last couple of years the Operating Margin of BRSP has grown nicely.
With an excellent Gross Margin value of 83.39%, BRSP belongs to the best of the industry, outperforming 94.20% of the companies in the same industry.
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
BRSP has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for BRSP has been reduced compared to 1 year ago.
The number of shares outstanding for BRSP has been increased compared to 5 years ago.
Compared to 1 year ago, BRSP has a worse debt to assets ratio.
2.2 Solvency
BRSP has an Altman-Z score of -0.35. This is a bad value and indicates that BRSP is not financially healthy and even has some risk of bankruptcy.
BRSP has a Altman-Z score of -0.35. This is comparable to the rest of the industry: BRSP outperforms 46.38% of its industry peers.
The Debt to FCF ratio of BRSP is 26.31, which is on the high side as it means it would take BRSP, 26.31 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BRSP (26.31) is better than 88.41% of its industry peers.
BRSP has a Debt/Equity ratio of 2.22. This is a high value indicating a heavy dependency on external financing.
BRSP has a Debt to Equity ratio of 2.22. This is in the better half 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
WACC6.47%
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 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 has a better Quick ratio (1.15) than 86.96% 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%.
BRSP shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 37.65% yearly.
BRSP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -13.35%.
Measured over the past years, BRSP shows a decrease in Revenue. The Revenue has been decreasing by -8.29% on average per year.
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
Based on estimates for the next years, BRSP will show a decrease in Earnings Per Share. The EPS will decrease by -8.13% on average per year.
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
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
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
With a Price/Earnings ratio of 8.25, the valuation of BRSP can be described as very reasonable.
Based on the Price/Earnings ratio, BRSP is valued a bit cheaper than the industry average as 79.71% of the companies are valued more expensively.
BRSP is valuated cheaply when we compare the Price/Earnings ratio to 26.31, which is the current average of the S&P500 Index.
BRSP is valuated cheaply with a Price/Forward Earnings ratio of 7.91.
68.12% of the companies in the same industry are more expensive than BRSP, based on the Price/Forward Earnings ratio.
The average S&P500 Price/Forward Earnings ratio is at 36.59. BRSP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.25 | ||
| Fwd PE | 7.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRSP is valued cheaply inside the industry as 97.10% of the companies are valued more expensively.
73.91% of the companies in the same industry are more expensive than BRSP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.82 | ||
| EV/EBITDA | 14.31 |
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 11.35%, which is a nice return.
Compared to an average industry Dividend Yield of 13.24, BRSP is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.34, 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
5.61
-0.03 (-0.53%)
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 Cap727.79M
Revenue(TTM)327.83M
Net Income(TTM)-37.93M
Analysts73.33
Price Target6.22 (10.87%)
Short Float %2.4%
Short Ratio4.41
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 | 8.25 | ||
| Fwd PE | 7.91 | ||
| P/S | 2.22 | ||
| P/FCF | 8.82 | ||
| P/OCF | 8.82 | ||
| P/B | 0.75 | ||
| P/tB | 0.77 | ||
| EV/EBITDA | 14.31 |
EPS(TTM)0.68
EY12.12%
EPS(NY)0.71
Fwd EY12.64%
FCF(TTM)0.64
FCFY11.34%
OCF(TTM)0.64
OCFY11.34%
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
WACC6.47%
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 7 / 10 to BRIGHTSPIRE CAPITAL INC (BRSP). This can be considered as Undervalued.
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.