Financials BRP Group, Inc.

Equities

BRP

US05589G1022

Multiline Insurance & Brokers

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
26.7 USD +0.19% Intraday chart for BRP Group, Inc. -3.23% +11.16%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 302.7 1,307 2,056 1,544 1,545 1,761 - -
Enterprise Value (EV) 1 302.7 1,307 2,732 2,741 1,545 2,818 2,752 2,612
P/E ratio -33.4 x -51.7 x -56.4 x -34 x -16 x -107 x 70.5 x 28.9 x
Yield - - - - - - - -
Capitalization / Revenue 2.2 x 5.42 x 3.62 x 1.57 x 1.27 x 1.27 x 1.12 x 0.93 x
EV / Revenue 2.2 x 5.42 x 4.82 x 2.79 x 1.27 x 2.04 x 1.75 x 1.38 x
EV / EBITDA 10.6 x 29.7 x 24.2 x 14 x 6.17 x 8.81 x 7.1 x 5.25 x
EV / FCF 31.5 x 44.3 x 78.5 x -112 x 66.4 x 27.4 x 15 x 8.95 x
FCF Yield 3.18% 2.26% 1.27% -0.89% 1.51% 3.66% 6.65% 11.2%
Price to Book 3.92 x 3.66 x 3.48 x 4.75 x - 3.98 x 3.57 x 3.88 x
Nbr of stocks (in thousands) 18,859 43,609 56,932 61,429 64,318 65,945 - -
Reference price 2 16.05 29.97 36.11 25.14 24.02 26.70 26.70 26.70
Announcement Date 3/24/20 3/11/21 3/1/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 137.8 240.9 567.3 980.7 1,219 1,383 1,572 1,898
EBITDA 1 28.52 43.96 112.9 196.5 250.2 320 387.8 497.7
EBIT 1 -5.068 -21.94 -31.63 -31.1 -42.55 95.36 159.2 -
Operating Margin -3.68% -9.11% -5.57% -3.17% -3.49% 6.89% 10.13% -
Earnings before Tax (EBT) 1 -22.44 -29.89 -58.1 -76.03 -162.7 -49.46 43.94 -
Net income 1 -8.65 -15.7 -30.65 -41.77 -90.14 -31.3 13.07 37
Net margin -6.28% -6.52% -5.4% -4.26% -7.4% -2.26% 0.83% 1.95%
EPS 2 -0.4800 -0.5800 -0.6400 -0.7400 -1.500 -0.2486 0.3786 0.9250
Free Cash Flow 1 9.617 29.49 34.81 -24.44 23.27 103 183 292
FCF margin 6.98% 12.24% 6.14% -2.49% 1.91% 7.45% 11.64% 15.38%
FCF Conversion (EBITDA) 33.72% 67.1% 30.83% - 9.3% 32.19% 47.2% 58.67%
FCF Conversion (Net income) - - - - - - 1,400.04% 789.19%
Dividend per Share 2 - - - - - - - -
Announcement Date 3/24/20 3/11/21 3/1/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 135.6 159.2 242.8 232.5 259.4 246 330.4 297.2 306.3 284.6 375.6 335.6 348.2 323.9 422.5
EBITDA 1 19.56 20.25 72.93 42.48 41.88 39.19 79.01 61.58 64.01 45.61 97.94 77.99 80.76 65.94 118.5
EBIT 1 -16.8 -37.86 39.74 25.44 -29.86 -66.42 3.619 -16.53 0.086 -29.72 37.26 18.02 24.95 -0.756 41
Operating Margin -12.4% -23.78% 16.36% 10.94% -11.51% -27% 1.1% -5.56% 0.03% -10.44% 9.92% 5.37% 7.17% -0.23% 9.71%
Earnings before Tax (EBT) 1 -24.22 -44.37 44.84 16.59 -46.71 -90.76 -25.78 -43 -31.84 -62.12 5.8 -13.15 -5.174 -30.18 12.11
Net income 1 -12.83 -22.65 22.87 8.642 -24.79 -48.49 -14.13 -23.9 -17.63 -34.48 1.936 -9.294 -5.819 -17.93 6.607
Net margin -9.47% -14.23% 9.42% 3.72% -9.56% -19.71% -4.28% -8.04% -5.76% -12.11% 0.52% -2.77% -1.67% -5.53% 1.56%
EPS 2 -0.2800 -0.4100 0.3900 0.1400 -0.4300 -0.8400 -0.2400 -0.4000 -0.2900 -0.5600 0.0492 -0.1266 -0.0600 -0.2306 0.1100
Dividend per Share 2 - - - - - - - - - - - - - - -
Announcement Date 11/8/21 3/1/22 5/10/22 8/9/22 11/7/22 2/28/23 5/9/23 8/9/23 11/7/23 2/28/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - 676 1,197 - 1,057 991 851
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - - 5.99 x 6.091 x - 3.304 x 2.556 x 1.711 x
Free Cash Flow 1 9.62 29.5 34.8 -24.4 23.3 103 183 292
ROE (net income / shareholders' equity) - 14.7% 16.5% 19.6% 22.4% 51.2% 58.7% 42.3%
ROA (Net income/ Total Assets) - - 3.66% 3.75% - 69.5% 76.6% -
Assets 1 - - -837.3 -1,113 - -45.04 17.06 -
Book Value Per Share 2 4.090 8.180 10.40 5.290 - 6.710 7.480 6.880
Cash Flow per Share - - 0.8400 - - - - -
Capex 1 2.4 5.47 5.32 22 21.4 26.5 22.5 25
Capex / Sales 1.74% 2.27% 0.94% 2.24% 1.75% 1.92% 1.43% 1.32%
Announcement Date 3/24/20 3/11/21 3/1/22 2/28/23 2/28/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
26.7 USD
Average target price
34.71 USD
Spread / Average Target
+30.02%
Consensus
  1. Stock Market
  2. Equities
  3. BRP Stock
  4. Financials BRP Group, Inc.