Broadridge Financial Ratios Analysis
| BR Stock | USD 194.23 0.85 0.44% |
Broadridge |
Most ratios from Broadridge Financial's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Broadridge Financial current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Broadridge Financial Valuation and Broadridge Financial Correlation analysis. At this time, Broadridge Financial's ROIC is relatively stable compared to the past year. As of 04/23/2024, Inventory Turnover is likely to grow to 158.42, while PTB Ratio is likely to drop 5.34.
| 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0175 | 0.017 | 0.0195 | 0.0207 | Price To Sales Ratio | 2.91 | 3.22 | 2.89 | 1.72 |
Broadridge Financial fundamentals Correlations
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Broadridge Financial Account Relationship Matchups
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Broadridge Financial fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 3.2 | 3.74 | 2.91 | 3.22 | 2.89 | 1.72 | |
| Dividend Yield | 0.0167 | 0.014 | 0.0175 | 0.017 | 0.0195 | 0.0207 | |
| Ptb Ratio | 10.75 | 10.33 | 8.67 | 8.7 | 7.83 | 5.34 | |
| Book Value Per Share | 11.74 | 15.64 | 16.45 | 19.04 | 17.13 | 17.99 | |
| Free Cash Flow Yield | 0.0345 | 0.0289 | 0.0223 | 0.0384 | 0.0441 | 0.0775 | |
| Invested Capital | 0.99 | 1.26 | 1.33 | 2.17 | 1.52 | 1.37 | |
| Pb Ratio | 10.75 | 10.33 | 8.67 | 8.7 | 7.83 | 5.34 | |
| Ev To Sales | 3.49 | 4.47 | 3.55 | 3.74 | 3.36 | 1.9 | |
| Inventory Turnover | 151.87 | 153.91 | 140.51 | 125.38 | 144.19 | 158.42 | |
| Net Income Per Share | 4.03 | 4.73 | 4.62 | 5.36 | 4.82 | 5.06 | |
| Payables Turnover | 3.93 | 14.35 | 16.81 | 27.18 | 31.26 | 17.26 | |
| Capex To Revenue | (0.0218) | (0.0202) | (0.0128) | (0.0124) | (0.0143) | (0.015) | |
| Cash Per Share | 2.36 | 4.16 | 2.38 | 1.93 | 2.15 | 2.04 | |
| Pocfratio | 24.2 | 29.2 | 37.51 | 23.68 | 21.31 | 13.17 | |
| Interest Coverage | 10.63 | 12.3 | 8.97 | 6.91 | 7.95 | 7.55 | |
| Payout Ratio | 0.39 | 0.44 | 0.52 | 0.48 | 0.54 | 0.34 | |
| Pfcf Ratio | 28.98 | 34.65 | 44.91 | 26.06 | 23.45 | 16.01 | |
| Roe | 0.43 | 0.34 | 0.3 | 0.28 | 0.25 | 0.22 | |
| Pe Ratio | 31.3 | 34.14 | 30.86 | 30.91 | 27.82 | 18.05 | |
| Ev To Free Cash Flow | 31.6 | 41.35 | 54.67 | 30.28 | 27.26 | 17.84 | |
| Earnings Yield | 0.032 | 0.0293 | 0.0324 | 0.0323 | 0.0372 | 0.0552 | |
| Current Ratio | 0.99 | 0.98 | 1.01 | 0.58 | 0.67 | 0.63 | |
| Receivables Turnover | 6.37 | 6.09 | 6.03 | 6.22 | 5.6 | 4.26 | |
| Graham Number | 32.64 | 40.8 | 41.34 | 47.9 | 43.11 | 45.27 |
Pair Trading with Broadridge Financial
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Broadridge Financial position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Broadridge Financial will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Broadridge Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Broadridge Financial when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Broadridge Financial - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Broadridge Financial Solutions to buy it.
The correlation of Broadridge Financial is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Broadridge Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Broadridge Financial moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Broadridge Financial can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Broadridge Financial Valuation and Broadridge Financial Correlation analysis. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.
Complementary Tools for Broadridge Stock analysis
When running Broadridge Financial's price analysis, check to measure Broadridge Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadridge Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadridge Financial. If investors know Broadridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.229 | Dividend Share 1.45 | Earnings Share 5.75 | Revenue Per Share 53.656 | Quarterly Revenue Growth 0.087 |
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.