BRIGHTSPHERE INVESTMENT GROU (BSIG) Stock Fundamental Analysis
USA - NYSE:BSIG - US10948W1036 - Common Stock
26.34 USD
-0.03 (-0.11%)
26.34 USD
0 (0%)
BSIG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 237 industry peers in the Capital Markets industry. Both the profitability and the financial health of BSIG get a neutral evaluation. Nothing too spectacular is happening here. BSIG scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
BSIG had positive earnings in the past year.
In the past year BSIG had a positive cash flow from operations.
Each year in the past 5 years BSIG has been profitable.
In multiple years BSIG reported negative operating cash flow during the last 5 years.
1.2 Ratios
BSIG's Return On Assets of 11.76% is amongst the best of the industry. BSIG outperforms 91.28% of its industry peers.
BSIG's Return On Invested Capital of 20.24% is amongst the best of the industry. BSIG outperforms 96.79% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BSIG is significantly above the industry average of 7.60%.
The 3 year average ROIC (25.56%) for BSIG is well above the current ROIC(20.24%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.76% | ||
| ROE | N/A | ||
| ROIC | 20.24% |
ROA(3y)48.68%
ROA(5y)36.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.56%
ROIC(5y)19.73%
1.3 Margins
BSIG has a Profit Margin of 13.92%. This is comparable to the rest of the industry: BSIG outperforms 48.17% of its industry peers.
In the last couple of years the Profit Margin of BSIG has remained more or less at the same level.
BSIG has a Operating Margin (22.62%) which is comparable to the rest of the industry.
In the last couple of years the Operating Margin of BSIG has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.62% | ||
| PM (TTM) | 13.92% | ||
| GM | N/A |
OM growth 3Y-5.72%
OM growth 5Y22.44%
PM growth 3Y-35.46%
PM growth 5Y1.03%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BSIG has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for BSIG has been reduced compared to 5 years ago.
BSIG has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.43 indicates that BSIG is not a great score, but indicates only limited risk for bankruptcy at the moment.
BSIG has a better Altman-Z score (2.43) than 75.23% of its industry peers.
The Debt to FCF ratio of BSIG is 2.61, which is a good value as it means it would take BSIG, 2.61 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BSIG (2.61) is better than 81.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.61 | ||
| Altman-Z | 2.43 |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 0.91 indicates that BSIG may have some problems paying its short term obligations.
BSIG has a Current ratio (0.91) which is comparable to the rest of the industry.
BSIG has a Quick Ratio of 0.91. This is a bad value and indicates that BSIG is not financially healthy enough and could expect problems in meeting its short term obligations.
BSIG's Quick ratio of 0.91 is in line compared to the rest of the industry. BSIG outperforms 42.20% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 33.93% over the past year.
Measured over the past years, BSIG shows a decrease in Earnings Per Share. The EPS has been decreasing by -0.88% on average per year.
The Revenue has grown by 12.17% in the past year. This is quite good.
Measured over the past years, BSIG shows a very negative growth in Revenue. The Revenue has been decreasing by -14.40% on average per year.
EPS 1Y (TTM)33.93%
EPS 3Y0.57%
EPS 5Y-0.88%
EPS Q2Q%31.11%
Revenue 1Y (TTM)12.17%
Revenue growth 3Y-5.12%
Revenue growth 5Y-14.4%
Sales Q2Q%14.73%
3.2 Future
Based on estimates for the next years, BSIG will show a very strong growth in Earnings Per Share. The EPS will grow by 24.12% on average per year.
The Revenue is expected to grow by 9.55% on average over the next years. This is quite good.
EPS Next Y39.82%
EPS Next 2Y28.98%
EPS Next 3Y24.12%
EPS Next 5YN/A
Revenue Next Year15.04%
Revenue Next 2Y11.72%
Revenue Next 3Y9.55%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 11.71, which indicates a very decent valuation of BSIG.
Based on the Price/Earnings ratio, BSIG is valued a bit cheaper than 62.84% of the companies in the same industry.
BSIG is valuated cheaply when we compare the Price/Earnings ratio to 27.35, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 8.89, which indicates a very decent valuation of BSIG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of BSIG indicates a somewhat cheap valuation: BSIG is cheaper than 73.85% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.86. BSIG is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 8.89 |
4.2 Price Multiples
87.61% of the companies in the same industry are more expensive than BSIG, based on the Enterprise Value to EBITDA ratio.
69.72% of the companies in the same industry are more expensive than BSIG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.18 | ||
| EV/EBITDA | 9.64 |
4.3 Compensation for Growth
BSIG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of BSIG may justify a higher PE ratio.
A more expensive valuation may be justified as BSIG's earnings are expected to grow with 24.12% in the coming years.
PEG (NY)0.29
PEG (5Y)N/A
EPS Next 2Y28.98%
EPS Next 3Y24.12%
5. Dividend
5.1 Amount
BSIG has a yearly dividend return of 0.15%, which is pretty low.
Compared to an average industry Dividend Yield of 8.33, BSIG's dividend is way lower than its industry peers. On top of this 80.73% of the companies listed in the same industry pay a better dividend than BSIG!
With a Dividend Yield of 0.15, BSIG pays less dividend than the S&P500 average, which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
5.2 History
The dividend of BSIG decreases each year by -34.33%.
BSIG has paid a dividend for at least 10 years, which is a reliable track record.
BSIG has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-34.33%
Div Incr Years0
Div Non Decr Years3
5.3 Sustainability
BSIG pays out 2.30% of its income as dividend. This is a sustainable payout ratio.
DP2.3%
EPS Next 2Y28.98%
EPS Next 3Y24.12%
26.34
-0.03 (-0.11%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryCapital Markets
Earnings (Last)
Earnings (Next)
Inst OwnersN/A
Inst Owner Change-0.1%
Ins OwnersN/A
Ins Owner Change0%
Market Cap983.01M
Analysts45
Price Target30.26 (14.88%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.15% |
Yearly Dividend0.05
Dividend Growth(5Y)-34.33%
DP2.3%
Div Incr Years0
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)13.83%
Min EPS beat(2)6.31%
Max EPS beat(2)21.35%
EPS beat(4)4
Avg EPS beat(4)15.36%
Min EPS beat(4)4.37%
Max EPS beat(4)29.41%
EPS beat(8)7
Avg EPS beat(8)23.42%
EPS beat(12)10
Avg EPS beat(12)20.23%
EPS beat(16)12
Avg EPS beat(16)15.53%
Revenue beat(2)2
Avg Revenue beat(2)5.01%
Min Revenue beat(2)1.87%
Max Revenue beat(2)8.14%
Revenue beat(4)4
Avg Revenue beat(4)4.93%
Min Revenue beat(4)1.87%
Max Revenue beat(4)8.14%
Revenue beat(8)8
Avg Revenue beat(8)10.77%
Revenue beat(12)11
Avg Revenue beat(12)10.85%
Revenue beat(16)13
Avg Revenue beat(16)4.58%
PT rev (1m)2.3%
PT rev (3m)21.92%
EPS NQ rev (1m)0%
EPS NQ rev (3m)6.37%
EPS NY rev (1m)0%
EPS NY rev (3m)11.08%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)3.37%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.69%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.71 | ||
| Fwd PE | 8.89 | ||
| P/S | 2.1 | ||
| P/FCF | 9.18 | ||
| P/OCF | 8.36 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.64 |
EPS(TTM)2.25
EY8.54%
EPS(NY)2.96
Fwd EY11.24%
FCF(TTM)2.87
FCFY10.9%
OCF(TTM)3.15
OCFY11.96%
SpS12.57
BVpS-0.48
TBVpS-1.02
PEG (NY)0.29
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.76% | ||
| ROE | N/A | ||
| ROCE | 29.59% | ||
| ROIC | 20.24% | ||
| ROICexc | 23.73% | ||
| ROICexgc | 28.47% | ||
| OM | 22.62% | ||
| PM (TTM) | 13.92% | ||
| GM | N/A | ||
| FCFM | 22.84% |
ROA(3y)48.68%
ROA(5y)36.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.56%
ROIC(5y)19.73%
ROICexc(3y)43.33%
ROICexc(5y)31.72%
ROICexgc(3y)55.67%
ROICexgc(5y)43%
ROCE(3y)36.87%
ROCE(5y)28.44%
ROICexcg growth 3Y14.04%
ROICexcg growth 5Y24.77%
ROICexc growth 3Y26.7%
ROICexc growth 5Y35.02%
OM growth 3Y-5.72%
OM growth 5Y22.44%
PM growth 3Y-35.46%
PM growth 5Y1.03%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.84
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.61 | ||
| Debt/EBITDA | 2.24 | ||
| Cap/Depr | 56.15% | ||
| Cap/Sales | 2.24% | ||
| Interest Coverage | 6.98 | ||
| Cash Conversion | 94.23% | ||
| Profit Quality | 164.01% | ||
| Current Ratio | 0.91 | ||
| Quick Ratio | 0.91 | ||
| Altman-Z | 2.43 |
F-Score6
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)78.12%
Cap/Depr(5y)95%
Cap/Sales(3y)3.33%
Cap/Sales(5y)4.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)33.93%
EPS 3Y0.57%
EPS 5Y-0.88%
EPS Q2Q%31.11%
EPS Next Y39.82%
EPS Next 2Y28.98%
EPS Next 3Y24.12%
EPS Next 5YN/A
Revenue 1Y (TTM)12.17%
Revenue growth 3Y-5.12%
Revenue growth 5Y-14.4%
Sales Q2Q%14.73%
Revenue Next Year15.04%
Revenue Next 2Y11.72%
Revenue Next 3Y9.55%
Revenue Next 5YN/A
EBIT growth 1Y-10.31%
EBIT growth 3Y-10.55%
EBIT growth 5Y4.81%
EBIT Next Year52.45%
EBIT Next 3Y21.23%
EBIT Next 5YN/A
FCF growth 1Y435.5%
FCF growth 3Y-4.87%
FCF growth 5Y-20.66%
OCF growth 1Y220.44%
OCF growth 3Y-8.95%
OCF growth 5Y-18.94%