We publish no single base value for Broadridge Financial Solutions. Our valuation methods put it between $198.95 and $216.08 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
| Method | Value | vs price | Basis |
|---|---|---|---|
| Discounted cash flow | $216.08 | +12.9% | free cash flow $1.36bn, growth 5% for 5 years, then fading to 3% over 5 more, discounted at 9.4%; stress floor $142.06 |
| Exit multiple (P/E) | $198.95 | +3.9% | earnings per share $10.60 valued at 24.06× (the stock's own median P/E) in 5 years, discounted back |
| Sum of the parts | — | — | no sum of the parts: this run holds no segment disclosure for the name |
| Price to sales | — | — | not reached: the cash-flow or earnings methods produced an anchor, so this fallback was not run |
| Tangible book | — | — | used only for lenders, where book value is the business |
| Price to FFO (REITs) | — | — | used only for REITs |
Each working is rebuilt by code from the valuation's own figures and checked against the published value.
The discount rate:
| Risk-free rate | 5.13% (10-year US Treasury yield) |
| Company's own beta | 0.90 (5 years of monthly returns against the S&P 500; standard error 0.19) |
| Peer beta | 1.02 (median of 79 S&P 500 Industrials companies) |
| Blend of own and peers | 0.93 (74% own, 26% peers, weighted by how precisely the company's own beta is measured) |
| Adjusted beta | 0.95 (0.67 × 0.93 + 0.33, pulled toward the market's 1.0) |
| Equity risk premium | 4.5% |
| Discount rate = risk-free + adjusted beta × premium | 9.40% |
Free cash flow grows 5.00% a year for 5 years, then fades in equal steps toward 3% over 5 more; each year is discounted by 1 ÷ (1 + rate)^year:
| Year | Growth | Free cash flow | Discount factor | Present value |
|---|---|---|---|---|
| Now | — | $1.36bn | — | — |
| Year 1 | 5.00% | $1.43bn | 0.9140 | $1.31bn |
| Year 2 | 5.00% | $1.50bn | 0.8355 | $1.26bn |
| Year 3 | 5.00% | $1.58bn | 0.7636 | $1.20bn |
| Year 4 | 5.00% | $1.66bn | 0.6980 | $1.16bn |
| Year 5 | 5.00% | $1.74bn | 0.6380 | $1.11bn |
| Year 6 | 4.67% | $1.82bn | 0.5831 | $1.06bn |
| Year 7 | 4.33% | $1.90bn | 0.5330 | $1.01bn |
| Year 8 | 4.00% | $1.98bn | 0.4872 | $962.52m |
| Year 9 | 3.67% | $2.05bn | 0.4453 | $912.04m |
| Year 10 | 3.33% | $2.12bn | 0.4070 | $861.42m |
| Terminal value = year-10 cash flow × (1 + 3%) ÷ (9.40% − 3%) | $34.03bn |
| Terminal value in today's money | $13.85bn |
| Present value of years 1–10 | $10.84bn |
| Total present value | $24.70bn |
| Shares outstanding | 114.30m |
| Value per share = total ÷ shares | $216.08 |
How the DCF value moves with the discount rate and the starting growth (the middle cell is the published value):
| Discount rate | Growth 0% | Growth 5% | Growth 10% |
|---|---|---|---|
| 8.40% | $188.82 | $256.92 | — |
| 9.40% | $160.21 | $216.08 | — |
| 10.40% | $139.29 | $186.30 | — |
The same DCF at each beta, starting growth unchanged:
| Beta | Value | Discount rate | DCF value |
|---|---|---|---|
| Company's own beta | 0.90 | 9.18% | $224.11 |
| Peer beta | 1.02 | 9.72% | $205.74 |
| Adjusted beta (used) | 0.95 | 9.40% | $216.08 |
Earnings per share grow on the same fading path as the DCF:
| Year | Growth | Earnings per share |
|---|---|---|
| Now | — | $10.60 |
| Year 1 | 5.00% | $11.13 |
| Year 2 | 4.40% | $11.62 |
| Year 3 | 3.98% | $12.08 |
| Year 4 | 3.69% | $12.52 |
| Year 5 | 3.48% | $12.96 |
| Earnings per share in year 5 | $12.96 |
| Exit P/E (the stock's own median P/E) | 24.06× |
| Value in 5 years = earnings × P/E | $311.83 |
| Discounted at 9.40% over 5 years: ÷ 1.5674 | $198.95 |
We publish no single base value for Broadridge Financial Solutions. Our valuation methods put it between $198.95 and $216.08 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate.
One-year price simulation: a 10% chance the price is below $143.03 and a 10% chance it is above $286.39 in a year; a 58% chance it is higher than today's $191.47, from 26.95% volatility. The simulation assumes the price drifts up at our discount rate of 9.4% a year.
At $191.47 the price implies free cash flow growing 3.0% a year for five years and then fading toward 3% over five more; its revenue has grown 5.0%.
| Week | Price | Base value |
|---|---|---|
| 2 Oct 2026 | $156.93 | $186.94 |
| 9 Oct 2026 | $165.45 | $186.38 |
| 16 Oct 2026 | $175.11 | $223.79 |
| 23 Oct 2026 | $183.28 | $211.98 |
| 30 Oct 2026 | $178.82 | $213.53 |
| 6 Nov 2026 | $190.40 | — |
| 12 Nov 2026 | $191.47 | — |
Data as of 12 Nov 2026; financials to 30 Sep 2026. Sources: company filings via EODHD, SEC EDGAR, US Treasury. How these values are computed. Not investment advice.
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