| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
BSIG Stock Overview
BrightSphere Investment Group Inc. is a publically owned asset management holding company.
BrightSphere Investment Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$19.10 |
| 52 Week High | US$31.17 |
| 52 Week Low | US$16.62 |
| Beta | 1.66 |
| 1 Month Change | 10.47% |
| 3 Month Change | -1.95% |
| 1 Year Change | -28.36% |
| 3 Year Change | 123.92% |
| 5 Year Change | 39.21% |
| Change since IPO | 37.71% |
Recent News & Updates
Shareholder Returns
| BSIG | US Capital Markets | US Market | |
|---|---|---|---|
| 7D | 1.3% | 3.4% | 1.2% |
| 1Y | -28.4% | -16.0% | -11.6% |
Return vs Industry: BSIG underperformed the US Capital Markets industry which returned -17.9% over the past year.
Return vs Market: BSIG underperformed the US Market which returned -13.5% over the past year.
Price Volatility
| BSIG volatility | |
|---|---|
| BSIG Average Weekly Movement | 4.2% |
| Capital Markets Industry Average Movement | 0.5% |
| Market Average Movement | 7.9% |
| 10% most volatile stocks in US Market | 17.0% |
| 10% least volatile stocks in US Market | 3.2% |
Stable Share Price: BSIG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BSIG's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1980 | 24 | Suren Rana | https://www.bsig.com |
BrightSphere Investment Group Inc. is a publically owned asset management holding company. The firm provides its services to individuals and institutions. It manages separate client focused portfolios through its subsidiaries.
BrightSphere Investment Group Fundamentals Summary
| BSIG fundamental statistics | |
|---|---|
| Market Cap | US$791.39m |
| Earnings (TTM) | US$137.20m |
| Revenue (TTM) | US$483.40m |
5.8x
P/E Ratio1.6x
P/S RatioIs BSIG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BSIG income statement (TTM) | |
|---|---|
| Revenue | US$483.40m |
| Cost of Revenue | US$232.20m |
| Gross Profit | US$251.20m |
| Other Expenses | US$114.00m |
| Earnings | US$137.20m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.31 |
| Gross Margin | 51.97% |
| Net Profit Margin | 28.38% |
| Debt/Equity Ratio | -455.4% |
How did BSIG perform over the long term?
See historical performance and comparisonDividends
0.2%
Current Dividend Yield2%
Payout RatioDoes BSIG pay a reliable dividends?
See BSIG dividend history and benchmarks| BrightSphere Investment Group dividend dates | |
|---|---|
| Ex Dividend Date | Sep 15 2022 |
| Dividend Pay Date | Sep 30 2022 |
| Days until Ex dividend | 34 days |
| Days until Dividend pay date | 49 days |
Does BSIG pay a reliable dividends?
See BSIG dividend history and benchmarksValuation
Is BSIG undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for BSIG?
Other financial metrics that can be useful for relative valuation.
| What is BSIG's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$791.39m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.3x |
| Enterprise Value/EBITDA | 5.8x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does BSIG's PE Ratio compare to its peers?
| BSIG PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 38.4x | ||
ETAC E.Merge Technology Acquisition | 52.7x | n/a | US$765.0m |
FVIV Fortress Value Acquisition IV | 37.6x | n/a | US$798.1m |
BOAC Bluescape Opportunities Acquisition | 14.8x | n/a | US$755.6m |
EOCW Elliott Opportunity II | 48.6x | n/a | US$745.1m |
BSIG BrightSphere Investment Group | 5.8x | n/a | US$791.4m |
Price-To-Earnings vs Peers: BSIG is good value based on its Price-To-Earnings Ratio (5.8x) compared to the peer average (38.4x).
Price to Earnings Ratio vs Industry
How does BSIG's PE Ratio compare vs other companies in the US Capital Markets Industry?
Price-To-Earnings vs Industry: BSIG is good value based on its Price-To-Earnings Ratio (5.8x) compared to the US Capital Markets industry average (30.7x)
Price to Earnings Ratio vs Fair Ratio
What is BSIG's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 5.8x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BSIG's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of BSIG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: BSIG ($19.1) is trading above our estimate of fair value ($5.4)
Significantly Below Fair Value: BSIG is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Future Growth
How is BrightSphere Investment Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
-4.8%
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if BSIG's forecast earnings growth is above the savings rate (1.9%).
Earnings vs Market: Insufficient data to determine if BSIG's earnings are forecast to grow faster than the US market
High Growth Earnings: Insufficient data to determine if BSIG's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BSIG's revenue is expected to decline over the next 3 years (-4.8% per year).
High Growth Revenue: BSIG's revenue is forecast to decline over the next 3 years (-4.8% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if BSIG's Return on Equity is forecast to be high in 3 years time
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Past Performance
How has BrightSphere Investment Group performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
16.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BSIG has a high level of non-cash earnings.
Growing Profit Margin: BSIG's current net profit margins (28.4%) are lower than last year (39.2%).
Past Earnings Growth Analysis
Earnings Trend: BSIG's earnings have grown by 16.9% per year over the past 5 years.
Accelerating Growth: BSIG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BSIG had negative earnings growth (-28.7%) over the past year, making it difficult to compare to the Capital Markets industry average (53.4%).
Return on Equity
High ROE: BSIG's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
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Financial Health
How is BrightSphere Investment Group's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: BSIG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BSIG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BSIG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BSIG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: BSIG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: BSIG's interest payments on its debt are well covered by EBIT (7.5x coverage).
Balance Sheet
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Dividend
What is BrightSphere Investment Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
0.21%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: BSIG's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.51%).
High Dividend: BSIG's dividend (0.21%) is low compared to the top 25% of dividend payers in the US market (4.09%).
Stability and Growth of Payments
Stable Dividend: BSIG is not paying a notable dividend for the US market, therefore no need to check if payments are stable.
Growing Dividend: BSIG is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.
Earnings Payout to Shareholders
Earnings Coverage: BSIG is not paying a notable dividend for the US market.
Cash Payout to Shareholders
Cash Flow Coverage: BSIG is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.3yrs
Average management tenure
CEO
Suren Rana (42 yo)
2.33yrs
Tenure
US$12,700,000
Compensation
Mr. Suren S. Rana serves as Chief Executive Officer, President and Director at BrightSphere Investment Group Inc. since April 15, 2020. Mr. Rana served as Chief Financial Officer of BrightSphere Investment...
CEO Compensation Analysis
Compensation vs Market: Suren's total compensation ($USD12.70M) is above average for companies of similar size in the US market ($USD3.93M).
Compensation vs Earnings: Suren's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: BSIG's management team is considered experienced (2.3 years average tenure).
Board Members
Experienced Board: BSIG's board of directors are considered experienced (3.8 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: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BrightSphere Investment Group Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: BrightSphere Investment Group Inc.
- Ticker: BSIG
- Exchange: NYSE
- Founded: 1980
- Industry: Asset Management and Custody Banks
- Sector: Diversified Financials
- Implied Market Cap: US$791.387m
- Shares outstanding: 41.43m
- Website: https://www.bsig.com
Number of Employees
Location
- BrightSphere Investment Group Inc.
- 200 Clarendon Street
- 53rd Floor
- Boston
- Massachusetts
- 2116
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/10 00:00 |
| End of Day Share Price | 2022/08/10 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
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.