BR (Broadridge Financial Solutions) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Mar. 2026)


BR Broadridge Financial Solutions Inc BR
81 GF Score
Price $144.77
GF Value $242.87
Valuation Significantly Undervalued
! 1 Warning Sign
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What is Broadridge Financial Solutions Return-on-Tangible-Equity?

Broadridge Financial Solutions BR +0.57% 81 Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus rates BR with a GF Score™ of 81/100 and a GF Value™ of $242.87 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,467 Software companies, Broadridge Financial Solutions ranks better than 99.92% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Broadridge Financial Solutions's annualized net income for the quarter that ended in Mar. 2026 was $1,105 Mil. Broadridge Financial Solutions's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $-2,055 Mil. Therefore, Broadridge Financial Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Broadridge Financial Solutions's Return-on-Tangible-Equity or its related term are showing as below:

BR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

BR's Return-on-Tangible-Equity is ranked better than
99.92% of 2467 companies
in the Software industry
Industry Median: 8.62 vs BR: Negative Tangible Equity

Broadridge Financial Solutions  (NYSE:BR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Broadridge Financial Solutions Return-on-Tangible-Equity Related Terms


Broadridge Financial Solutions Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Broadridge Financial Solutions's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Broadridge Financial Solutions Return-on-Tangible-Equity Chart

Broadridge Financial Solutions Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Broadridge Financial Solutions Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

BR vs CDW, CTSH, LDOS: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Broadridge Financial Solutions's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Broadridge Financial Solutions Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Broadridge Financial Solutions's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Broadridge Financial Solutions's Return-on-Tangible-Equity falls into.


BR
81GF Score
Broadridge Financial Solutions Inc BR
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Broadridge Financial Solutions Return-on-Tangible-Equity Calculation

Broadridge Financial Solutions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=839.5/( (-2608.4+-2231.8 )/ 2 )
=839.5/-2420.1
=Negative Tangible Equity %

Broadridge Financial Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1105.2/( (-2035.5+-2075.4)/ 2 )
=1105.2/-2055.45
=Negative Tangible Equity %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Broadridge Financial Solutions (BR) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Broadridge Financial Solutions and its competitors. According to the industry distribution chart, Broadridge Financial Solutions ranks #2 out of 2467 companies in the Software industry, placing it in the top 0.099999999999994%.
Is Broadridge Financial Solutions' Return-on-Tangible-Equity too high?
Broadridge Financial Solutions' current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Broadridge Financial Solutions ranks #2 out of 2467 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Broadridge Financial Solutions has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Broadridge Financial Solutions' Return-on-Tangible-Equity compare to CDW and CTSH?
According to the Software industry distribution chart, Broadridge Financial Solutions ranks #2 out of 2467 companies for Return-on-Tangible-Equity. This places Broadridge Financial Solutions in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 8.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Software company?
The median Return-on-Tangible-Equity among Software companies is 8.62, based on 2,467 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Broadridge Financial Solutions and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 8.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Broadridge Financial Solutions's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broadridge Financial Solutions stock overvalued right now?
Based on GuruFocus' analysis, Broadridge Financial Solutions (BR) is currently considered Significantly Undervalued. The stock's GF Value™ is $242.87, compared to a current price of $144.77 — trading 40.4% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Broadridge Financial Solutions' overall GF Score™ is 81/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Broadridge Financial Solutions (BR), the current Return-on-Tangible-Equity is Negative Tangible Equity% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Broadridge Financial Solutions (BR) Overvalued in 2026?

Based on GuruFocus' analysis, Broadridge Financial Solutions stock appears to be undervalued. The current stock price of $144.77 is trading 40.4% below its estimated GF Value™ of $242.87. GuruFocus considers Broadridge Financial Solutions to be Significantly Undervalued.

Key valuation signals for BR:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $242.87 vs. price of $144.77 (40.4% below fair value)
  • GF Score™: 81/100 with 1 warning sign

No single metric tells the full story. See the BR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Broadridge Financial Solutions Business Description

Address 5 Dakota Drive, Suite 300, Lake Success, NY, USA, 11042
Broadridge Financial Solutions, which was spun off from Automatic Data Processing in 2007, is a leading provider of investor communication and technology-driven solutions to banks, broker/dealers, traditional and alternative-asset managers, wealth managers, and corporate issuers. Broadridge is composed of two operating segments: investor communication solutions and global technology and operations.
81GF Score

Get the complete analysis for BR

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$144.77
Price
$242.87
GF Value