Technology

Broadridge Financial Solutions, Inc. (BR)

$19.1B
Market Cap
18.1
P/E Ratio
0.98
Beta
2.39%
Dividend Yield
Piotroski 8/9Altman Z 3.8 SafeBeneish M -2.66 CleanROIC−WACC +4.1%

Quantitative Summary

Deterministic

At 18.1x earnings — a 72% discount to the sector average of 65.0x — BR is in the lower valuation range. Financial health metrics are strong: Piotroski 8/9, Altman Z 3.8 (above 3.0 safe zone threshold).

Generated deterministically from quant metrics and financial statements. Not a recommendation.

Algorithmic Teardown

AI-Generated

Broadridge Financial Solutions demonstrates robust fundamental quality, evidenced by a Piotroski F-Score of 8/9 and a Beneish M-Score of -2.66 that collectively signal strong financial health with minimal earnings manipulation risk. The company's return on equity of 31.6% is driven primarily by operational efficiency rather than leverage; the DuPont decomposition reveals that while an equity multiplier of 3.22x provides some amplification, the core engine consists of a healthy net margin of 12.2% and solid asset turnover of 0.81x. Although the provided ROIC figure is missing from the input data, the high profitability metrics suggest capital allocation discipline typical of mature infrastructure plays in the technology sector.

Valuation analysis reveals a significant disconnect between current pricing and intrinsic value models. Trading at an 18.1x forward P/E, Broadridge commands less than one-third of the sector average multiple of 57.8x, suggesting the market may be underweighting its cash flow generation relative to peers. This discount appears inconsistent with a DCF model that implies a fair value of $228 per share, indicating current prices are likely below intrinsic worth based on projected growth assumptions. The substantial gap between the low multiple and the implied fair value suggests the stock is not fully pricing in future earnings expansion or structural tailwinds inherent to its business model.

Recent insider activity provides additional context to this valuation dynamic, with $982,066 in net buying over the last 90 days signaling confidence from management regarding near-term prospects. While specific risk factor deltas and Fama-French alpha data were not included in the provided metrics, the combination of a low valuation multiple relative to sector peers, strong insider accumulation, and high-quality fundamental scores creates a compelling risk/reward profile for investors willing to absorb potential volatility associated with trading at such a discount to intrinsic value.

Generated by LLM from quantitative data inputs. May contain inaccuracies. Not investment advice.

DCF Sandbox

Interactive

Sensitivity Matrix

TG ↓ / WACC →8%10%12%
2%$282$202$155
3%$333$228$170
4%$410$262$188

Center = base case. Green = >10% upside, Red = >10% downside vs .

Pre-computed DCF: WACC=10.0%, terminal growth 3%. Fair value $228 (+0.0%). Not investment advice.

Valuation Context

18.1x
BR P/E
65.0x
Sector Avg
-72%
vs Sector

Price Chart with Moving Averages

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SMA 50 SMA 200

Quant Health Deep Dive

8/9
Piotroski F-Score
Strong — high operational efficiency and profitability signals
3.8
Altman Z-Score
Safe Zone — above 3.0 threshold per academic model. Thresholds: >3 safe, 1.8–3 grey, <1.8 distress.
-2.66
Beneish M-Score
Below threshold — no statistical earnings quality concern per Beneish model. Threshold: <-2.22 = below threshold.

Profitability & Value Creation

31.0%
Gross Margin
12.2%
Net Margin
14.1%
ROIC
10.0%
WACC
ROIC − WACC Spread: +4.1%— Positive spread.
+5.9%
Revenue Growth (YoY)
+20.3%
Earnings Growth (YoY)
1.1B
Free Cash Flow
38%
FCF Payout Ratio

✅ Conservative payout — room for dividend increases.

DuPont Analysis — ROE Decomposition

Breaking down Return on Equity to see how the company generates its ROE — efficiency, margins, or leverage.

12.2%
Net Profit Margin
NI ÷ Revenue
×
0.81x
Asset Turnover
Revenue ÷ Assets
×
3.22x
Equity Multiplier
Assets ÷ Equity
=
31.6%
Return on Equity
⚠️ High equity multiplier — ROE is being amplified by leverage, not operational excellence.

Balance Sheet Health

2.22x
Debt / Equity
0.98x
Current Ratio
8.8x
Interest Coverage
1.4x
Net Debt / EBITDA
4.97%
FCF Yield
1.5B
EBITDA

Insider Activity (Last 90 Days)

Net Insider Flow
+$982,066
Net Buying
1
Buy Transactions
1
Sale Transactions
2026-03-06GOKEY TIMOTHY C.Sold 3/7 qtrsBuy$1M
2026-03-05MOSCONI PATRICIA ANNGrant420 shares
2026-03-02DUELKS ROBERT NSold 3/7 qtrsOther17,000 shares
2026-02-06DUELKS ROBERT NSold 3/7 qtrsSale$48,728
2026-01-05FLOWERS MELVIN LGrant11 shares

Open-market buys vs sells by company insiders. Source: yfinance.

Earnings Surprise History

Q4
✓ Beat
Est: $2.41
Act: $2.44
+1.2%
Q3
✓ Beat
Est: $3.50
Act: $3.55
+1.5%
Q2
✓ Beat
Est: $1.25
Act: $1.51
+21.2%
Q1
✓ Beat
Est: $1.36
Act: $1.59
+16.8%

EPS estimates vs actuals for the most recent reported quarters. Source: yfinance.

Underwater (Drawdown from Peak)

How far below the all-time high the price has been over time. Deeper = more pain for holders.

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Rolling 60-Day Beta vs S&P 500 (VOO)

How the stock's sensitivity to market moves changes over time. β > 1 = more volatile than the market.

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Rolling Beta Market (β = 1.0)

Fundamentals

15.8
Forward P/E
PEG Ratio
6.62
Price/Book
1M
Avg Volume
$271.91
52W High
$156.94
52W Low
52W Range Position

Passive Flow Attribution

ETF Draft Effect
$3.2B
Tracked Passive Exposure
8
ETFs Holding BR
0.05%
Avg Weight in ETFs
$6.4T
Total ETF AUM

When investors buy or sell ETFs like MOAT or VOT, the fund manager is mechanically forced to buy or sell BR shares regardless of Broadridge Financial Solutions, Inc.'s individual fundamentals. We estimate $3.2B of passive capital is structurally linked to BR through 8 tracked ETFs. Index rebalances and ETF creation/redemption cycles can create noticeable volume spikes unrelated to company news.

Passive exposure = Σ (ETF AUM × stock weight in ETF) across 8 tracked ETFs. Actual passive ownership is larger (includes mutual funds). Not investment advice.

ETF Contagion Visualizer

Simulate a price drop in Broadridge Financial Solutions, Inc. to visualize passive redemption contagion across ETFs and collateral stocks.

BR Shock
-0%
Est. Passive Redemption
$0
Systemic Risk
STABLE
BREpicenterVTIETFVOOETFIVVETFCATLow RiskGELow RiskCATLow RiskGEVLow RiskVRTLow Risk
BR Price Drop (%)0

If Broadridge Financial Solutions, Inc. (BR) experiences a significant drawdown, ETF redemptions can create collateral selling pressure on co-held stocks. Our model identifies CATERPILLAR INC (CAT) as the most exposed collateral stock, sharing 1 ETFs with BR. This is the "Passive Contagion" effect described in the Inelastic Market Hypothesis.

Contagion model based on shared ETF exposure and constituent weights across 32 tracked ETFs. Estimated selling pressure is a simplified model — actual impact depends on market liquidity, ETF redemption mechanics, and market-maker activity.

BR Ownership Dynamics

Ticker
BR

Float lock-up computed from 33 ETFs tracked by SecuritiesDB. Actual passive ownership is higher (includes mutual funds, pension funds, etc.).

BR Capital Efficiency

How efficiently does Broadridge Financial Solutions, Inc. convert operating profits into free cash? The FCF Conversion ratio measures the gap between accounting earnings and real cash generation.

Free Cash Flow
$1.1B
EBITDA
$1.5B
FCF Conversion
69%
Reinvestment Rate
31%
69% of EBITDA → Free Cash
0% (cash burn)25% (low)50% (efficient)100% (pure cash)
ROIC
14.1%
ROIC − WACC Spread
4.1%

Broadridge Financial Solutions, Inc. converts 69% of its EBITDA into free cash flow, an exceptional conversion rate indicating an asset-light business model with minimal capital reinvestment drag. The positive ROIC-WACC spread of 4.1% confirms that reinvested capital creates shareholder value.

Capital efficiency = Free Cash Flow ÷ EBITDA. Reinvestment = (EBITDA − FCF) ÷ EBITDA. Metrics from latest annual filings. Not investment advice.

Fails-to-Deliver (FTD) History

SEC-reported settlement failures. Elevated FTDs can indicate high short-selling pressure, operational settlement issues, or naked shorting activity.

DateFailed SharesClose PriceNotional Value
2026-05-11131$149.50$19,584.5
2026-05-0837,100$152.89$5.7M
2026-04-20116$162.92$18,898.72
2026-04-0715$162.48$2,437.2
2026-03-3182$163.44$13,402.08
2026-03-2512$164.63$1,975.56
2026-03-2310$174.36$1,743.6
2026-01-1524$220.96$5,303.04
2026-01-0822,690$219.47$5.0M
2025-12-263$228.38$685.14
2025-12-2222$225.96$4,971.12
2025-11-2499$228.39$22,610.61
2025-11-1016$221.72$3,547.52
2025-10-2415$232.10$3,481.5
2025-10-1715$226.38$3,395.7

Source: SEC Regulation SHO FTD data. Data is reported with a ~30 day delay. High FTD quantities relative to average daily volume may indicate settlement stress.

Compare BR to Peers

Quant metrics computed deterministically from financial statements and price data. Updated: N/A.

SecuritiesDB provides programmatic data aggregation for informational purposes only. None of the metrics, summaries, or algorithmic flags constitute a recommendation to buy or sell any security.