BROADRIDGE FINANCIAL SOLUTIONS, INC.
BR · Technology · $17.6B mkt cap · FY2025 filings · Narrow moat
On the watchlist
The four filters
Pricing power46
Median gross margin 28.3% over 10y, very stable.
Returns on capital92
Median ROIC 18.2%, above the 9% hurdle in 100% of years.
Balance-sheet safety44
Net debt/EBITDA 2.0x, interest coverage 9x.
Capital discipline82
Owner earnings +13.0%/yr, share count shrinking (buybacks).
Margin of safety
Above valueOn sale
- Owner earnings (normalized)
- $676.6M
- Est. intrinsic value / share
- $104.00
- Recent price
- $150.66
- Discount to value
- 45% above value
Conservative model: 9% discount rate, 4% assumed growth (capped at 4%), maintenance capex ≈ min(capex, D&A).
Moat Score history
Score history begins 2026-07-17. Check back as the record builds.
Scores are logged append-only and never overwritten — this record can't be backfilled, which is exactly why it's worth keeping.