BROADRIDGE FINANCIAL SOLUTIONS, INC. (BR)

Services-Business Services, NEC

Latest Price

$153.95

TTM P/E

16.47

Normalized P/E

25.22

Div Yield

2.47%

Book Value

24.15

P/B Ratio

6.37

Valuation metrics

EPS: $7.10

Book value / share: $22.67

Formula: √(22.5 × EPS × BVPS)

Graham Number

$60.18

61% downside

Norm. op. income: $760M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$28.54

81% downside

Base FCF: $785M (median of recent 5yr)

Growth: 11%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$160.35

+4% upside

EPS: $7.10

Target P/E: 25×

Formula: EPS × P/E

P/E Fair Value

$177.50

+15% upside

87.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	11.01M	$1.79B	9.51%	+481.3K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	7.59M	$1.23B	6.56%	--	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	6.36M	$1.03B	5.50%	--	2026-03-31
STATE STREET CORP	5.51M	$900.0M	4.76%	-487.1K	2026-03-31
ALLIANCEBERNSTEIN L.P.	3.71M	$828.0M	3.21%	+66.6K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	3.47M	$561.0M	2.99%	+110.3K	2026-03-31
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	3.38M	$548.0M	2.92%	+2.67M	2026-03-31
JANUS HENDERSON GROUP PLC	2.48M	$403.0M	2.15%	-150.7K	2026-03-31
MORGAN STANLEY	2.03M	$329.0M	1.75%	-2.05M	2026-03-31
Invesco Ltd.	2.02M	$327.0M	1.74%	+471.0K	2026-03-31