BRIGHTSPIRE CAPITAL INC (BRSP) Stock Fundamental Analysis
USA - NYSE:BRSP - US10949T1097 - REIT
5.37 USD
+0.03 (+0.56%)
5.37 USD
0 (0%)
Overall BRSP gets a fundamental rating of 5 out of 10. We evaluated BRSP against 68 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. BRSP has an average financial health and profitability rating. BRSP is valued quite cheap, but it does not seem to be growing. With these ratings, BRSP could be worth investigating further for value investing!.
1. Profitability
1.1 Basic Checks
BRSP had positive earnings in the past year.
BRSP had a positive operating cash flow in the past year.
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
Looking at the Return On Assets, with a value of -1.15%, BRSP is doing worse than 76.47% of the companies in the same industry.
The Return On Equity of BRSP (-3.88%) is worse than 72.06% of its industry peers.
BRSP has a better Return On Invested Capital (3.89%) than 94.12% of its industry peers.
The Average Return On Invested Capital over the past 3 years for BRSP is above the industry average of 1.19%.
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
Looking at the Operating Margin, with a value of 47.34%, BRSP belongs to the top 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.
With an excellent Gross Margin value of 83.39%, BRSP belongs to the best of the industry, outperforming 94.12% of the companies in the same industry.
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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BRSP is destroying value.
The number of shares outstanding for BRSP has been reduced compared to 1 year ago.
BRSP has more shares outstanding than it did 5 years ago.
BRSP has a worse debt/assets ratio than last year.
2.2 Solvency
BRSP has an Altman-Z score of -0.36. 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 (-0.36) which is comparable to the rest of the 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.
With an excellent Debt to FCF ratio value of 26.31, BRSP belongs to the best of the industry, outperforming 88.24% of the companies in the same industry.
A Debt/Equity ratio of 2.22 is on the high side and indicates that BRSP has dependencies on debt financing.
The Debt to Equity ratio of BRSP (2.22) is better than 82.35% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.22 | ||
| Debt/FCF | 26.31 | ||
| Altman-Z | -0.36 |
ROIC/WACC0.6
WACC6.52%
2.3 Liquidity
A Current Ratio of 1.15 indicates that BRSP should not have too much problems paying its short term obligations.
With an excellent Current ratio value of 1.15, BRSP belongs to the best of the industry, outperforming 89.71% of the companies in the same industry.
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.
Looking at the Quick ratio, with a value of 1.15, BRSP belongs to the top of the industry, outperforming 89.71% of the companies in the same industry.
| 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.
Looking at the last year, BRSP shows a very negative growth in Revenue. The Revenue has decreased by -13.35% in the last year.
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
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.
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
BRSP is valuated cheaply with a Price/Earnings ratio of 7.90.
Based on the Price/Earnings ratio, BRSP is valued cheaply inside the industry as 80.88% of the companies are valued more expensively.
The average S&P500 Price/Earnings ratio is at 26.06. BRSP is valued rather cheaply when compared to this.
With a Price/Forward Earnings ratio of 7.58, the valuation of BRSP can be described as very cheap.
Based on the Price/Forward Earnings ratio, BRSP is valued a bit cheaper than the industry average as 69.12% of the companies are valued more expensively.
The average S&P500 Price/Forward Earnings ratio is at 32.73. BRSP is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 7.58 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BRSP indicates a rather cheap valuation: BRSP is cheaper than 97.06% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, BRSP is valued cheaply inside the industry as 80.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.46 | ||
| EV/EBITDA | 14.16 |
4.3 Compensation for Growth
The decent profitability rating of BRSP 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)0.21
EPS Next 2Y-8.13%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRSP has a Yearly Dividend Yield of 11.99%, which is a nice return.
BRSP's Dividend Yield is slightly below the industry average, which is at 13.19.
Compared to an average S&P500 Dividend Yield of 2.37, BRSP pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.99% |
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
5.37
+0.03 (+0.56%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners68.02%
Inst Owner Change0.81%
Ins Owners2.15%
Ins Owner Change2.93%
Market Cap698.05M
Revenue(TTM)327.83M
Net Income(TTM)-37.93M
Analysts73.33
Price Target6.22 (15.83%)
Short Float %2.22%
Short Ratio4.48
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 11.99% |
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)1.82%
EPS NQ rev (3m)2.26%
EPS NY rev (1m)0.85%
EPS NY rev (3m)5.04%
Revenue NQ rev (1m)2.87%
Revenue NQ rev (3m)-1.13%
Revenue NY rev (1m)-0.22%
Revenue NY rev (3m)-3.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.9 | ||
| Fwd PE | 7.58 | ||
| P/S | 2.13 | ||
| P/FCF | 8.46 | ||
| P/OCF | 8.46 | ||
| P/B | 0.71 | ||
| P/tB | 0.73 | ||
| EV/EBITDA | 14.16 |
EPS(TTM)0.68
EY12.66%
EPS(NY)0.71
Fwd EY13.2%
FCF(TTM)0.63
FCFY11.82%
OCF(TTM)0.63
OCFY11.82%
SpS2.52
BVpS7.51
TBVpS7.31
PEG (NY)N/A
PEG (5Y)0.21
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 | -0.36 |
F-Score5
WACC6.52%
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.