Added to YB: 2026-04-23
Pitch date: 2026-04-20
BR [bullish]
Broadridge Financial Solutions, Inc.
-0.54%
current return
Author Info
Mulberry Financial shares long-form equity equity and macroeconomic research from the perspective of a value investor. Sign up for the newsletter.
Company Info
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States and internationally.
Market Cap
$18.8B
Pitch Price
$161.51
Price Target
240.00 (+49%)
Dividend
2.42%
EV/EBITDA
12.02
P/E
17.84
EV/Sales
3.04
Sector
Professional Services
Category
value
The AI 'Casualty' That Isn't: Buying the Monopoly at a Discount; and a Few Reasons China Might not Become a Global Hegemon - Broadridge Financial Solutions, Inc.
BR: 45% decline on AI disruption fears misplaced. Near-monopoly in proxy voting (80% US mkt share), 98% retention, 16%+ ROIC. Already using AI/blockchain to enhance services (Galaxy tokenized equity, repo market). Rev +7% CAGR 20yr, margins expanding. Trading 18x P/E (near 10y lows). Conservative DCF: $182 intrinsic value; base case $240. 16% div CAGR 20yr, near Dividend Aristocrat status. High switching costs & regulatory moat intact.
Read full article (8 min)