BRIGHTSPIRE CAPITAL INC (BRSP) Stock Fundamental Analysis
NYSE:BRSP - New York Stock Exchange, Inc. - US10949T1097 - REIT - Currency: USD
BRSP gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 66 industry peers in the Mortgage Real Estate Investment Trusts (REITs)" industry. BRSP has only an average score on both its financial health and profitability. BRSP is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year BRSP was profitable.
BRSP had a positive operating cash flow in the past year.
BRSP had negative earnings in 4 of the past 5 years.
BRSP had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
BRSP's Return On Assets of -1.96% is on the low side compared to the rest of the industry. BRSP is outperformed by 80.30% of its industry peers.
Looking at the Return On Equity, with a value of -6.72%, BRSP is doing worse than 78.79% of the companies in the same industry.
BRSP has a better Return On Invested Capital (3.83%) than 93.94% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BRSP is in line with the industry average of 1.42%.
The 3 year average ROIC (3.24%) for BRSP is below the current ROIC(3.83%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.96% | ||
| ROE | -6.72% | ||
| ROIC | 3.83% |
ROA(3y)-0.98%
ROA(5y)-2.09%
ROE(3y)-3.5%
ROE(5y)-7.73%
ROIC(3y)3.24%
ROIC(5y)N/A
1.3 Margins
BRSP's Operating Margin of 45.08% is amongst the best of the industry. BRSP outperforms 89.39% of its industry peers.
In the last couple of years the Operating Margin of BRSP has grown nicely.
The Gross Margin of BRSP (90.10%) is better than 96.97% of its industry peers.
BRSP's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 45.08% | ||
| PM (TTM) | N/A | ||
| GM | 90.1% |
OM growth 3Y-28.23%
OM growth 5Y31.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.22%
GM growth 5Y5.19%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), BRSP is destroying value.
Compared to 1 year ago, BRSP has less shares outstanding
BRSP has more shares outstanding than it did 5 years ago.
The debt/assets ratio for BRSP is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of -0.37, we must say that BRSP is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of -0.37, BRSP perfoms like the industry average, outperforming 40.91% of the companies in the same industry.
The Debt to FCF ratio of BRSP is 26.24, which is on the high side as it means it would take BRSP, 26.24 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 26.24, BRSP belongs to the best of the industry, outperforming 83.33% of the companies in the same industry.
A Debt/Equity ratio of 2.03 is on the high side and indicates that BRSP has dependencies on debt financing.
BRSP's Debt to Equity ratio of 2.03 is amongst the best of the industry. BRSP outperforms 80.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 26.24 | ||
| Altman-Z | -0.37 |
ROIC/WACC0.57
WACC6.71%
2.3 Liquidity
A Current Ratio of 0.69 indicates that BRSP may have some problems paying its short term obligations.
BRSP has a Current ratio of 0.69. This is in the better half of the industry: BRSP outperforms 69.70% of its industry peers.
A Quick Ratio of 0.69 indicates that BRSP may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.69, BRSP is in the better half of the industry, outperforming 69.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 |
3. Growth
3.1 Past
The earnings per share for BRSP have decreased strongly by -25.96% in the last year.
The Earnings Per Share has been growing by 37.65% on average over the past years. This is a very strong growth
BRSP shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -15.12%.
Measured over the past years, BRSP shows a decrease in Revenue. The Revenue has been decreasing by -8.29% on average per year.
EPS 1Y (TTM)-25.96%
EPS 3Y25.01%
EPS 5Y37.65%
EPS Q2Q%-30.43%
Revenue 1Y (TTM)-15.12%
Revenue growth 3Y-0.36%
Revenue growth 5Y-8.29%
Sales Q2Q%-42.13%
3.2 Future
Based on estimates for the next years, BRSP will show a decrease in Earnings Per Share. The EPS will decrease by -7.94% on average per year.
BRSP is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -9.38% yearly.
EPS Next Y-22.08%
EPS Next 2Y-7.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-26.79%
Revenue Next 2Y-9.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 6.56, the valuation of BRSP can be described as very cheap.
Based on the Price/Earnings ratio, BRSP is valued cheaply inside the industry as 86.36% of the companies are valued more expensively.
BRSP is valuated cheaply when we compare the Price/Earnings ratio to 27.41, which is the current average of the S&P500 Index.
BRSP is valuated cheaply with a Price/Forward Earnings ratio of 7.09.
78.79% of the companies in the same industry are more expensive than BRSP, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.19, BRSP is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 7.09 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BRSP is valued cheaper than 96.97% of the companies in the same industry.
78.79% of the companies in the same industry are more expensive than BRSP, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.38 | ||
| EV/EBITDA | 14.42 |
4.3 Compensation for Growth
BRSP's earnings are expected to decrease with -7.94% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.17
EPS Next 2Y-7.94%
EPS Next 3YN/A
5. Dividend
5.1 Amount
BRSP has a Yearly Dividend Yield of 12.55%, which is a nice return.
BRSP's Dividend Yield is a higher than the industry average which is at 11.56.
BRSP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.35.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.55% |
5.2 History
The dividend of BRSP decreases each year by -14.79%.
BRSP has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)-14.79%
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BRSP has negative earnings and hence a negative payout ratio. The dividend may be in danger.
BRSP's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP-134.92%
EPS Next 2Y-7.94%
EPS Next 3YN/A
NYSE:BRSP (7/14/2025, 12:27:38 PM)
5.05
+0.03 (+0.6%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Earnings (Last)
Earnings (Next)
Inst Owners66.2%
Inst Owner Change0%
Ins Owners2.14%
Ins Owner Change14.09%
Market Cap658.82M
Analysts75.38
Price Target6.8 (34.65%)
Short Float %1.89%
Short Ratio4.52
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 12.55% |
Yearly Dividend0.76
Dividend Growth(5Y)-14.79%
DP-134.92%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-3.58%
Min EPS beat(2)-4.52%
Max EPS beat(2)-2.64%
EPS beat(4)1
Avg EPS beat(4)-0.56%
Min EPS beat(4)-4.52%
Max EPS beat(4)5.58%
EPS beat(8)5
Avg EPS beat(8)8.63%
EPS beat(12)8
Avg EPS beat(12)7.09%
EPS beat(16)10
Avg EPS beat(16)-6.92%
Revenue beat(2)0
Avg Revenue beat(2)-12.26%
Min Revenue beat(2)-12.93%
Max Revenue beat(2)-11.59%
Revenue beat(4)0
Avg Revenue beat(4)-11.8%
Min Revenue beat(4)-15.28%
Max Revenue beat(4)-7.39%
Revenue beat(8)2
Avg Revenue beat(8)-6.8%
Revenue beat(12)5
Avg Revenue beat(12)52.02%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)-9.6%
EPS NQ rev (1m)-1.05%
EPS NQ rev (3m)-8.61%
EPS NY rev (1m)-1.03%
EPS NY rev (3m)-9.81%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-5.27%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-7.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.56 | ||
| Fwd PE | 7.09 | ||
| P/S | 1.94 | ||
| P/FCF | 7.38 | ||
| P/OCF | 7.38 | ||
| P/B | 0.64 | ||
| P/tB | 0.66 | ||
| EV/EBITDA | 14.42 |
EPS(TTM)0.77
EY15.25%
EPS(NY)0.71
Fwd EY14.1%
FCF(TTM)0.68
FCFY13.56%
OCF(TTM)0.68
OCFY13.56%
SpS2.61
BVpS7.93
TBVpS7.67
PEG (NY)N/A
PEG (5Y)0.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.96% | ||
| ROE | -6.72% | ||
| ROCE | 4.85% | ||
| ROIC | 3.83% | ||
| ROICexc | 4.09% | ||
| ROICexgc | 4.22% | ||
| OM | 45.08% | ||
| PM (TTM) | N/A | ||
| GM | 90.1% | ||
| FCFM | 26.25% |
ROA(3y)-0.98%
ROA(5y)-2.09%
ROE(3y)-3.5%
ROE(5y)-7.73%
ROIC(3y)3.24%
ROIC(5y)N/A
ROICexc(3y)3.49%
ROICexc(5y)N/A
ROICexgc(3y)3.53%
ROICexgc(5y)N/A
ROCE(3y)4.1%
ROCE(5y)N/A
ROICexcg growth 3Y-14.53%
ROICexcg growth 5Y43.03%
ROICexc growth 3Y-14.56%
ROICexc growth 5Y43.06%
OM growth 3Y-28.23%
OM growth 5Y31.55%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.22%
GM growth 5Y5.19%
F-Score4
Asset Turnover0.1
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.03 | ||
| Debt/FCF | 26.24 | ||
| Debt/EBITDA | 10.81 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 46.03% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.69 | ||
| Altman-Z | -0.37 |
F-Score4
WACC6.71%
ROIC/WACC0.57
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-25.96%
EPS 3Y25.01%
EPS 5Y37.65%
EPS Q2Q%-30.43%
EPS Next Y-22.08%
EPS Next 2Y-7.94%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-15.12%
Revenue growth 3Y-0.36%
Revenue growth 5Y-8.29%
Sales Q2Q%-42.13%
Revenue Next Year-26.79%
Revenue Next 2Y-9.38%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y6.12%
EBIT growth 3Y-28.49%
EBIT growth 5Y20.64%
EBIT Next Year1769.16%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-32.63%
FCF growth 3YN/A
FCF growth 5Y-5.5%
OCF growth 1Y-32.63%
OCF growth 3YN/A
OCF growth 5Y-5.5%