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BVS

Bravura SolutionsASX:BVS Stock Report

Market Cap

AU$623.4m

7D

2.8%

1Y

-26.3%

Updated

30 Nov, 2021

Data

Company Financials +
BVS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

BVS Stock Overview

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally.

Bravura Solutions Competitors

Fiserv

NasdaqGS:FISV

US$64.4b

Fidelity National Information Services

NYSE:FIS

US$64.2b

Price History & Performance

Summary of all time highs, changes and price drops for Bravura Solutions
Historical stock prices
Current Share PriceAU$2.55
52 Week HighAU$3.98
52 Week LowAU$2.42
Beta0.66
1 Month Change-8.27%
3 Month Change-17.74%
1 Year Change-26.30%
3 Year Change-33.59%
5 Year Change87.50%
Change since IPO104.00%

Recent News & Updates

Aug 27
Bravura Solutions (ASX:BVS) Is Paying Out A Larger Dividend Than Last Year

Bravura Solutions (ASX:BVS) Is Paying Out A Larger Dividend Than Last Year

Bravura Solutions Limited ( ASX:BVS ) will increase its dividend on the 29th of September to AU$0.06. This will take...

Aug 12
We Like These Underlying Return On Capital Trends At Bravura Solutions (ASX:BVS)

We Like These Underlying Return On Capital Trends At Bravura Solutions (ASX:BVS)

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Jun 13
Calculating The Intrinsic Value Of Bravura Solutions Limited (ASX:BVS)

Calculating The Intrinsic Value Of Bravura Solutions Limited (ASX:BVS)

Today we will run through one way of estimating the intrinsic value of Bravura Solutions Limited ( ASX:BVS ) by taking...

Shareholder Returns

BVSAU SoftwareAU Market
7D2.8%-2.4%-2.3%
1Y-26.3%17.9%11.4%

Return vs Industry: BVS underperformed the Australian Software industry which returned 17.9% over the past year.

Return vs Market: BVS underperformed the Australian Market which returned 11.4% over the past year.

Price Volatility

Is BVS's price volatile compared to industry and market?
BVS volatility
BVS Average Weekly Movement4.8%
Software Industry Average Movement8.3%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.9%
10% least volatile stocks in AU Market3.6%

Stable Share Price: BVS is less volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BVS's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20041,445Nick Parsonshttps://bravurasolutions.com

Bravura Solutions Limited engages in the development, licensing, and maintenance of administration and management software applications for the wealth management and funds administration sectors in Australia, New Zealand, the United Kingdom, and internationally. The company operates through two segments, Wealth Management and Funds Administration. It offers Sonata, a wealth management solution for the administration of a range of wealth management products; Sonata Alta, a digital operating model, which provides clients control over their customer’s data, operations, and end customer experiences; Sonata Digital that provides digital service; Garradin, a private wealth and portfolio administration solution for the administration of retail and wholesale wealth management, trusts and estates, SMSFs, managed accounts, fund accounting, and tax; and ePASS, an online portal that provides online services for superannuation members and employers.

Bravura Solutions Fundamentals Summary

How do Bravura Solutions's earnings and revenue compare to its market cap?
BVS fundamental statistics
Market CapAU$623.37m
Earnings (TTM)AU$34.56m
Revenue (TTM)AU$243.22m

0.0x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BVS income statement (TTM)
RevenueAU$243.22m
Cost of RevenueAU$160.04m
Gross ProfitAU$83.17m
ExpensesAU$48.61m
EarningsAU$34.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin34.20%
Net Profit Margin14.21%
Debt/Equity Ratio0%

How did BVS perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

61%

Payout Ratio

Valuation

Is Bravura Solutions undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BVS (A$2.55) is trading below our estimate of fair value (A$5.94)

Significantly Below Fair Value: BVS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: Insufficient data to calculate BVS's PE Ratio to determine if it is good value compared to the Australian Software industry average.

PE vs Market: Insufficient data to calculate BVS's PE Ratio to determine if it is good value compared to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BVS's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: Insufficient data to calculate BVS's PB Ratio to determine if it is good value.


Future Growth

How is Bravura Solutions forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

7.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BVS's forecast earnings growth (7.3% per year) is above the savings rate (1.9%).

Earnings vs Market: BVS's earnings (7.3% per year) are forecast to grow slower than the Australian market (11.8% per year).

High Growth Earnings: BVS's earnings are forecast to grow, but not significantly.

Revenue vs Market: BVS's revenue (7.5% per year) is forecast to grow faster than the Australian market (5.2% per year).

High Growth Revenue: BVS's revenue (7.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BVS's Return on Equity is forecast to be low in 3 years time (12.2%).


Past Performance

How has Bravura Solutions performed over the past 5 years?

31.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BVS has high quality earnings.

Growing Profit Margin: BVS's current net profit margins (14.2%) are lower than last year (14.6%).


Past Earnings Growth Analysis

Earnings Trend: BVS has become profitable over the past 5 years, growing earnings by 31.7% per year.

Accelerating Growth: BVS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BVS had negative earnings growth (-13.8%) over the past year, making it difficult to compare to the Software industry average (37.5%).


Return on Equity

High ROE: BVS's Return on Equity (10.5%) is considered low.


Financial Health

How is Bravura Solutions's financial position?


Financial Position Analysis

Short Term Liabilities: BVS's short term assets (A$144.7M) exceed its short term liabilities (A$80.0M).

Long Term Liabilities: BVS's short term assets (A$144.7M) exceed its long term liabilities (A$48.0M).


Debt to Equity History and Analysis

Debt Level: BVS is debt free.

Reducing Debt: BVS currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: BVS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BVS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Bravura Solutions's current dividend yield, its reliability and sustainability?

3.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BVS's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Australian market (2.33%).

High Dividend: BVS's dividend (3.37%) is low compared to the top 25% of dividend payers in the Australian market (5.64%).


Stability and Growth of Payments

Stable Dividend: BVS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: BVS's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (61.4%), BVS's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BVS's dividends in 3 years are forecast to be covered by earnings (70.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Nick Parsons

0.17

Tenure

AU$766,974

Compensation

Mr. Nick Parsons, B.Gen.Sc., has been Chief Executive Officer & Director at Bravura Solutions Limited since September 3, 2021 and serves as its Managing Director and served as its Global Chief Operations O...


CEO Compensation Analysis

Compensation vs Market: Nick's total compensation ($USD545.93K) is about average for companies of similar size in the Australian market ($USD762.82K).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BVS's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: BVS's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Bravura Solutions Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bravura Solutions Limited
  • Ticker: BVS
  • Exchange: ASX
  • Founded: 2004
  • Industry: Application Software
  • Sector: Software
  • Market Cap: AU$623.369m
  • Shares outstanding: 248.35m
  • Website: https://bravurasolutions.com

Number of Employees


Location

  • Bravura Solutions Limited
  • 345 George Street
  • Level 6
  • Sydney
  • New South Wales
  • 2000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 09:18
End of Day Share Price2021/11/30 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.