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Market Cap

US$2.0b

Last Updated

2021/05/13 04:10 UTC

Data Sources

Company Financials

Executive Summary

B. Riley Financial, Inc., through its subsidiaries, provides collaborative financial services and solutions in North America, Australia, and Europe. More Details


Snowflake Analysis

Fair value with questionable track record.


Similar Companies

Share Price & News

How has B. Riley Financial's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RILY is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: RILY's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

2.3%

RILY

-1.8%

US Capital Markets

-2.8%

US Market


1 Year Return

331.0%

RILY

67.9%

US Capital Markets

49.4%

US Market

Return vs Industry: RILY exceeded the US Capital Markets industry which returned 67.9% over the past year.

Return vs Market: RILY exceeded the US Market which returned 49.4% over the past year.


Shareholder returns

RILYIndustryMarket
7 Day2.3%-1.8%-2.8%
30 Day4.7%1.6%-2.3%
90 Day30.3%8.9%-1.3%
1 Year376.5%331.0%71.6%67.9%51.8%49.4%
3 Year330.1%248.1%54.4%43.4%57.5%47.6%
5 Year875.8%636.9%161.2%129.6%121.7%97.1%

Long-Term Price Volatility Vs. Market

How volatile is B. Riley Financial's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is B. Riley Financial undervalued compared to its fair value and its price relative to the market?

3.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: RILY ($72.58) is trading above our estimate of fair value ($12.13)

Significantly Below Fair Value: RILY is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: RILY is good value based on its PE Ratio (3.4x) compared to the US Capital Markets industry average (17x).

PE vs Market: RILY is good value based on its PE Ratio (3.4x) compared to the US market (19.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RILY is good value based on its PB Ratio (2.7x) compared to the US Capital Markets industry average (68.1x).


Future Growth

How is B. Riley Financial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.5%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as B. Riley Financial has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has B. Riley Financial performed over the past 5 years?

66.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RILY has a high level of non-cash earnings.

Growing Profit Margin: RILY became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: RILY's earnings have grown significantly by 66.9% per year over the past 5 years.

Accelerating Growth: RILY has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: RILY has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (33%).


Return on Equity

High ROE: Whilst RILY's Return on Equity (73.11%) is outstanding, this metric is skewed due to their high level of debt.


Financial Health

How is B. Riley Financial's financial position?


Financial Position Analysis

Short Term Liabilities: RILY's short term assets ($3.5B) exceed its short term liabilities ($1.9B).

Long Term Liabilities: RILY's short term assets ($3.5B) exceed its long term liabilities ($1.5B).


Debt to Equity History and Analysis

Debt Level: RILY's debt to equity ratio (329.3%) is considered high.

Reducing Debt: Insufficient data to determine if RILY's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: RILY's debt is not well covered by operating cash flow (0.5%).

Interest Coverage: Insufficient data to determine if RILY's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is B. Riley Financial current dividend yield, its reliability and sustainability?

2.76%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: RILY's dividend (2.76%) is higher than the bottom 25% of dividend payers in the US market (1.28%).

High Dividend: RILY's dividend (2.76%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

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

Growing Dividend: RILY's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (6.7%), RILY's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.8yrs

Average management tenure


CEO

Bryant Riley (53 yo)

2.83yrs

Tenure

US$3,746,062

Compensation

Mr. Bryant Richard Riley is Chairman of the Board at B. Riley Principal 250 Merger Corp. He is the Chairman of B. Riley Principal 150 Merger Corp. He has served as B. Riley Securities, Inc.’s Chairman and ...


CEO Compensation Analysis

Compensation vs Market: Bryant's total compensation ($USD3.75M) is about average for companies of similar size in the US market ($USD3.81M).

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


Leadership Team

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


Board Members

Experienced Board: RILY's board of directors are considered experienced (4.8 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: RILY insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.9%.


Top Shareholders

Company Information

B. Riley Financial, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: B. Riley Financial, Inc.
  • Ticker: RILY
  • Exchange: NasdaqGM
  • Founded: 1973
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: US$1.974b
  • Shares outstanding: 27.19m
  • Website: https://www.brileyfin.com

Number of Employees


Location

  • B. Riley Financial, Inc.
  • 11100 Santa Monica Boulevard
  • Suite 800
  • Los Angeles
  • California
  • 90025
  • United States

Listings


Biography

B. Riley Financial, Inc., through its subsidiaries, provides collaborative financial services and solutions in North America, Australia, and Europe. The Capital Markets segments offers range of investment ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/13 04:10
End of Day Share Price2021/05/12 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.