Broadridge Financial Solutions Stock Z Score

BR Stock

USD 192.98 0.47 0.24%

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Check out Broadridge Financial Piotroski F Score and Broadridge Financial Valuation analysis.

At this time, Broadridge Financial's Capital Lease Obligations is relatively stable compared to the past year. As of 04/18/2024, Return On Capital Employed is likely to grow to 0.24, while Capital Surpluse is likely to drop slightly above 1.1 B. At this time, Broadridge Financial's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/18/2024, Net Income is likely to grow to about 761.4 M, while Other Operating Expenses is likely to drop slightly above 3.1 B.

Broadridge Financial Solutions Company Z Score Analysis

Broadridge Financial's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..

Z Score

Sum Of

5 Factors

More About Z Score | All Equity Analysis

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Broadridge Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Broadridge Financial is extremely important. It helps to project a fair market value of Broadridge Stock properly, considering its historical fundamentals such as Z Score. Since Broadridge Financial's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Broadridge Financial's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Broadridge Financial's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Property Plant Equipment	Retained Earnings	Long Term Debt	Treasury Stock	Common Stock	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Short Long Term Debt	Long Term Investments	Net Invested Capital	Cash And Equivalents	Net Working Capital	Capital Stock
Total Assets		0.98	0.98	0.99	0.12	0.83	0.99	-0.22	1.0	0.48	0.58	0.98	0.24	0.95	0.78	-0.73	0.63	-0.95	0.81	0.87	0.93	0.66	0.99	0.93	-0.24	-0.85	-0.63
Total Stockholder Equity	0.98		0.95	0.94	0.04	0.74	0.96	-0.14	0.96	0.45	0.73	0.97	0.16	0.92	0.64	-0.62	0.65	-0.87	0.68	0.82	0.96	0.61	0.98	0.88	-0.29	-0.92	-0.73
Current Deferred Revenue	0.98	0.95		0.97	0.1	0.82	0.98	-0.39	0.98	0.38	0.53	0.97	0.24	0.97	0.75	-0.78	0.72	-0.92	0.8	0.88	0.9	0.68	0.97	0.9	-0.27	-0.83	-0.62
Net Debt	0.99	0.94	0.97		0.11	0.85	0.99	-0.26	0.99	0.44	0.48	0.97	0.21	0.93	0.84	-0.75	0.6	-0.97	0.88	0.86	0.89	0.71	0.97	0.94	-0.27	-0.79	-0.55
Accounts Payable	0.12	0.04	0.1	0.11		0.29	0.08	-0.2	0.14	0.22	-0.18	0.1	0.82	0.29	0.15	-0.56	0.11	-0.11	0.17	0.28	0.06	-0.25	0.17	0.05	0.7	0.03	0.06
Net Receivables	0.83	0.74	0.82	0.85	0.29		0.82	-0.27	0.84	0.61	0.29	0.8	0.41	0.83	0.87	-0.85	0.49	-0.89	0.87	0.94	0.68	0.72	0.83	0.89	-0.08	-0.64	-0.13
Good Will	0.99	0.96	0.98	0.99	0.08	0.82		-0.27	1.0	0.42	0.53	0.98	0.18	0.94	0.8	-0.73	0.64	-0.96	0.84	0.86	0.92	0.68	0.98	0.94	-0.29	-0.83	-0.6
Short Term Investments	-0.22	-0.14	-0.39	-0.26	-0.2	-0.27	-0.27		-0.24	0.39	0.2	-0.26	-0.22	-0.43	-0.2	0.58	-0.6	0.22	-0.31	-0.37	-0.16	-0.17	-0.23	-0.18	-0.02	0.15	0.09
Total Liab	1.0	0.96	0.98	0.99	0.14	0.84	1.0	-0.24		0.48	0.53	0.98	0.25	0.95	0.81	-0.75	0.62	-0.96	0.84	0.87	0.92	0.67	0.99	0.94	-0.22	-0.82	-0.59
Total Current Assets	0.48	0.45	0.38	0.44	0.22	0.61	0.42	0.39	0.48		0.28	0.41	0.35	0.37	0.57	-0.35	-0.01	-0.51	0.49	0.52	0.42	0.22	0.47	0.56	0.16	-0.37	0.06
Short Term Debt	0.58	0.73	0.53	0.48	-0.18	0.29	0.53	0.2	0.53	0.28		0.61	-0.01	0.52	0.05	-0.1	0.45	-0.38	0.06	0.42	0.75	0.35	0.62	0.46	-0.2	-0.86	-0.73
Intangible Assets	0.98	0.97	0.97	0.97	0.1	0.8	0.98	-0.26	0.98	0.41	0.61		0.22	0.95	0.73	-0.73	0.67	-0.94	0.77	0.86	0.95	0.7	0.98	0.9	-0.27	-0.87	-0.65
Property Plant Equipment	0.24	0.16	0.24	0.21	0.82	0.41	0.18	-0.22	0.25	0.35	-0.01	0.22		0.38	0.22	-0.61	0.21	-0.21	0.23	0.4	0.22	0.04	0.28	0.15	0.8	-0.11	0.01
Retained Earnings	0.95	0.92	0.97	0.93	0.29	0.83	0.94	-0.43	0.95	0.37	0.52	0.95	0.38		0.69	-0.86	0.76	-0.87	0.75	0.91	0.88	0.59	0.96	0.84	-0.14	-0.83	-0.62
Long Term Debt	0.78	0.64	0.75	0.84	0.15	0.87	0.8	-0.2	0.81	0.57	0.05	0.73	0.22	0.69		-0.71	0.35	-0.91	0.99	0.78	0.59	0.68	0.72	0.88	-0.19	-0.41	-0.07
Treasury Stock	-0.73	-0.62	-0.78	-0.75	-0.56	-0.85	-0.73	0.58	-0.75	-0.35	-0.1	-0.73	-0.61	-0.86	-0.71		-0.6	0.76	-0.77	-0.85	-0.58	-0.5	-0.74	-0.67	-0.11	0.5	0.21
Common Stock	0.63	0.65	0.72	0.6	0.11	0.49	0.64	-0.6	0.62	-0.01	0.45	0.67	0.21	0.76	0.35	-0.6		-0.49	0.43	0.73	0.63	0.45	0.65	0.56	-0.19	-0.63	-0.6
Net Tangible Assets	-0.95	-0.87	-0.92	-0.97	-0.11	-0.89	-0.96	0.22	-0.96	-0.51	-0.38	-0.94	-0.21	-0.87	-0.91	0.76	-0.49		-0.92	-0.85	-0.84	-0.73	-0.91	-0.95	0.24	0.72	0.39
Long Term Debt Total	0.81	0.68	0.8	0.88	0.17	0.87	0.84	-0.31	0.84	0.49	0.06	0.77	0.23	0.75	0.99	-0.77	0.43	-0.92		0.8	0.63	0.68	0.76	0.89	-0.2	-0.45	-0.14
Capital Surpluse	0.87	0.82	0.88	0.86	0.28	0.94	0.86	-0.37	0.87	0.52	0.42	0.86	0.4	0.91	0.78	-0.85	0.73	-0.85	0.8		0.77	0.7	0.88	0.9	-0.11	-0.75	-0.33
Deferred Long Term Liab	0.93	0.96	0.9	0.89	0.06	0.68	0.92	-0.16	0.92	0.42	0.75	0.95	0.22	0.88	0.59	-0.58	0.63	-0.84	0.63	0.77		0.57	0.94	0.85	-0.13	-0.93	-0.69
Short Long Term Debt	0.66	0.61	0.68	0.71	-0.25	0.72	0.68	-0.17	0.67	0.22	0.35	0.7	0.04	0.59	0.68	-0.5	0.45	-0.73	0.68	0.7	0.57		0.64	0.73	-0.43	-0.54	-0.22
Long Term Investments	0.99	0.98	0.97	0.97	0.17	0.83	0.98	-0.23	0.99	0.47	0.62	0.98	0.28	0.96	0.72	-0.74	0.65	-0.91	0.76	0.88	0.94	0.64		0.91	-0.2	-0.88	-0.65
Net Invested Capital	0.93	0.88	0.9	0.94	0.05	0.89	0.94	-0.18	0.94	0.56	0.46	0.9	0.15	0.84	0.88	-0.67	0.56	-0.95	0.89	0.9	0.85	0.73	0.91		-0.26	-0.77	-0.37
Cash And Equivalents	-0.24	-0.29	-0.27	-0.27	0.7	-0.08	-0.29	-0.02	-0.22	0.16	-0.2	-0.27	0.8	-0.14	-0.19	-0.11	-0.19	0.24	-0.2	-0.11	-0.13	-0.43	-0.2	-0.26		0.23	0.29
Net Working Capital	-0.85	-0.92	-0.83	-0.79	0.03	-0.64	-0.83	0.15	-0.82	-0.37	-0.86	-0.87	-0.11	-0.83	-0.41	0.5	-0.63	0.72	-0.45	-0.75	-0.93	-0.54	-0.88	-0.77	0.23		0.68
Capital Stock	-0.63	-0.73	-0.62	-0.55	0.06	-0.13	-0.6	0.09	-0.59	0.06	-0.73	-0.65	0.01	-0.62	-0.07	0.21	-0.6	0.39	-0.14	-0.33	-0.69	-0.22	-0.65	-0.37	0.29	0.68

Click cells to compare fundamentals

To calculate a Z-Score, one would need to know a company's current working capital, its total assets and liabilities, and the amount of its latest earnings as well as earnings before interest and tax. Z-Scores can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area,' with scores of less than 1 indicating the highest probability of distress. Z Score is a used widely measure by financial auditors, accountants, money managers, loan processors, wealth advisers, and day traders. In the last 25 years, many financial models that utilize z-scores proved it to be successful as a predictor of corporate bankruptcy.

Competition

Predict Broadridge Financial

In accordance with the company's disclosures, Broadridge Financial Solutions has a Z Score of 0.0. This is 100.0% lower than that of the Professional Services sector and 100.0% lower than that of the Industrials industry. The z score for all United States stocks is 100.0% higher than that of the company.

Broadridge Financial ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Broadridge Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Broadridge Financial's managers, analysts, and investors.

Environment Score

Governance Score

Social Score

Broadridge Financial Institutional Holders

Institutional Holdings refers to the ownership stake in Broadridge Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadridge Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Broadridge Financial's value.

		Shares
Jensen Investment Management	2023-12-31	1.8 M
Barclays Plc	2023-12-31	1.6 M
Stifel Financial Corp	2023-12-31	1.5 M
Mitsubishi Ufj Asset Management Co.,ltd	2023-12-31	1.5 M
Wells Fargo & Co	2023-12-31	1.2 M
Northern Trust Corp	2023-12-31	1.2 M
Bahl & Gaynor Inc.	2023-12-31	1.1 M
Veritas Investment Partners (uk) Ltd.	2023-12-31	1 M
Macquarie Group Ltd	2023-12-31	1 M
Vanguard Group Inc	2023-12-31	14 M
Blackrock Inc	2023-12-31	9.8 M

Broadridge Fundamentals

	Return On Equity	0.35
	Return On Asset	0.0789
	Profit Margin	0.11 %
	Operating Margin	0.09 %
	Current Valuation	26.4 B
	Shares Outstanding	117.77 M
	Shares Owned By Insiders	0.64 %
	Shares Owned By Institutions	93.13 %
	Number Of Shares Shorted	871.54 K
	Price To Earning	33.75 X
	Price To Book	11.32 X
	Price To Sales	3.70 X
	Revenue	6.06 B
	Gross Profit	1.79 B
	EBITDA	1.23 B
	Net Income	630.6 M
	Cash And Equivalents	252.3 M
	Cash Per Share	1.93 X
	Total Debt	3.41 B
	Debt To Equity	2.27 %
	Current Ratio	1.23 X
	Book Value Per Share	17.57 X
	Cash Flow From Operations	823.3 M
	Short Ratio	2.00 X
	Earnings Per Share	5.73 X
	Price To Earnings To Growth	1.68 X
	Target Price	209.13
	Number Of Employees	14.7 K
	Beta	0.98
	Market Capitalization	22.8 B
	Total Asset	8.23 B
	Retained Earnings	3.11 B
	Working Capital	(1.01 B)
	Current Asset	1.29 B
	Current Liabilities	692.9 M
	Annual Yield	0.02 %
	Five Year Return	1.54 %
	Net Asset	8.23 B
	Last Dividend Paid	3.05

About Broadridge Financial Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Broadridge Financial Solutions's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Broadridge Financial using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Broadridge Financial Solutions based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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.

Moving against Broadridge Stock

0.42

ESGLW

ESGL Holdings Limited

Pair Corr

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.

Pair Correlation Correlation Matching

When determining whether Broadridge Financial is a strong investment it is important to analyze Broadridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadridge Financial's future performance. For an informed investment choice regarding Broadridge Stock, refer to the following important reports:

How To Invest In Broadridge

Details

Is Broadridge Stock a good investment?

Details

What is Broadridge Financial's Net Worth?

Details

Largest Commercial & Professional Services Companies

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Largest Industrials Companies

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Check out Broadridge Financial Piotroski F Score and Broadridge Financial Valuation analysis.

You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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

3.05

Earnings Share

5.73

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.

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Broadridge Financial Solutions Stock Z Score

Broadridge Financial Solutions Company Z Score Analysis

Z Score

Sum Of

5 Factors

First Factor

1.2 * (

Working Capital

/

Total Assets )

Second Factor

1.4 * (

Retained Earnings

/

Total Assets )

Thrid Factor

3.3 * (

EBITAD

/

Total Assets )

Fouth Factor

0.6 * (

Market Value of Equity

/

Total Liabilities )

Fifth Factor

0.99 * (

Revenue

/

Total Assets )

Broadridge Z Score Driver Correlations

Broadridge Financial ESG Sustainability

Broadridge Financial Institutional Holders

Broadridge Fundamentals

About Broadridge Financial Fundamental Analysis

Pair Trading with Broadridge Financial

Moving against Broadridge Stock

Complementary Tools for Broadridge Stock analysis

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