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Bread Financial Holdings, Inc.
BFH
Services-Business Services, NEC
Mkt Cap
$2.027BPE
5.11Debt
-Cash
$3.808BEV
-FCF
-P/E Ratio
5.11Debt
-Cash
$3.808BEV
-FCF
-Charts data: {"Earnings":[{"time":"2014-12-30","value":506293000},{"time":"2015-12-30","value":596541000},{"time":"2016-12-30","value":515800000},{"time":"2017-12-30","value":788700000},{"time":"2018-12-30","value":963100000},{"time":"2019-12-30","value":268400000},{"time":"2020-12-30","value":213700000},{"time":"2021-12-30","value":801000000},{"time":"2022-12-30","value":223000000},{"time":"2023-12-30","value":718000000}],"Sales":[{"time":"2014-12-30","value":5302940000},{"time":"2015-12-30","value":6439746000},{"time":"2016-12-30","value":7138100000},{"time":"2017-12-30","value":7719400000},{"time":"2018-12-30","value":7791200000},{"time":"2019-12-30","value":5581300000},{"time":"2020-12-30","value":4521400000},{"time":"2021-12-30","value":3272000000},{"time":"2022-12-30","value":3826000000},{"time":"2023-12-30","value":4289000000}],"Net Margins":[{"time":"2014-12-30","value":0.09547402007188466},{"time":"2015-12-30","value":0.09263424364874018},{"time":"2016-12-30","value":0.07226012524341212},{"time":"2017-12-30","value":0.10217115319843512},{"time":"2018-12-30","value":0.12361382072081323},{"time":"2019-12-30","value":0.048089154856395463},{"time":"2020-12-30","value":0.047264121732206836},{"time":"2021-12-30","value":0.2448044009779951},{"time":"2022-12-30","value":0.058285415577626766},{"time":"2023-12-30","value":0.16740498950804383}],"Assets":[{"time":"2014-12-30","value":20263977000},{"time":"2015-12-30","value":22421830000},{"time":"2016-12-30","value":25514100000},{"time":"2017-12-30","value":30684800000},{"time":"2018-12-30","value":30387700000},{"time":"2019-12-30","value":26494800000},{"time":"2020-12-30","value":22547100000},{"time":"2021-12-30","value":21746000000},{"time":"2022-12-30","value":25407000000},{"time":"2023-12-30","value":23141000000}],"Stockholders Equity":[{"time":"2014-12-30","value":2396380000},{"time":"2015-12-30","value":2010030000},{"time":"2016-12-30","value":1658200000},{"time":"2017-12-30","value":1855300000},{"time":"2018-12-30","value":2332100000},{"time":"2019-12-30","value":1588300000},{"time":"2020-12-30","value":1521600000},{"time":"2021-12-30","value":2086000000},{"time":"2022-12-30","value":2265000000},{"time":"2023-12-30","value":2918000000}],"ROE":[{"time":"2014-12-30","value":0.21127408841669518},{"time":"2015-12-30","value":0.29678213758003613},{"time":"2016-12-30","value":0.31106018574357736},{"time":"2017-12-30","value":0.42510645178677303},{"time":"2018-12-30","value":0.4129754298700742},{"time":"2019-12-30","value":0.1689857079896745},{"time":"2020-12-30","value":0.14044426919032596},{"time":"2021-12-30","value":0.3839884947267498},{"time":"2022-12-30","value":0.09845474613686535},{"time":"2023-12-30","value":0.24605894448252227}],"ROA":[{"time":"2014-12-30","value":0.05420786847517642},{"time":"2015-12-30","value":0.05627818960361398},{"time":"2016-12-30","value":0.04960002508416914},{"time":"2017-12-30","value":0.05362589946814058},{"time":"2018-12-30","value":0.06233772217048345},{"time":"2019-12-30","value":0.04934553195343992},{"time":"2020-12-30","value":0.03940196300189382},{"time":"2021-12-30","value":0.04800882920996965},{"time":"2022-12-30","value":0.01180776951233912},{"time":"2023-12-30","value":0.04183051726373104}]}
Bread Financial Holdings, Inc. provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit. The company also manages and services the loans it originates for private label, co-brand, and general-purpose credit card programs, and installment loans and split-pay products; and provides marketing, and data and analytics services. In addition, it offers an enhanced digital suite that includes a unified software development kit, which provides access to its suite of products, as well as promotes credit payment options earlier in the shopping experience. Further, the company through Bread, a digital payments platform and robust suite of application programming interfaces allows merchants and partners to integrate online point-of-sale financing and other digital payment products. It offers its products under the Bread CashbackTM, Bread PayTM, and Bread SavingsTM brands. The company was formerly known as Alliance Data Systems Corporation and changed its name to Bread Financial Holdings, Inc. in March 2022. Bread Financial Holdings, Inc. was incorporated in 1995 and is headquartered in Columbus, Ohio.
Sector
In the chart Earnings are multiplied by this value.
Earnings Growth -4.3%
Earnings Stability 3.8%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 9.3% | 7.2% | 10% | 12% | 4.8% | 4.7% | 24% | 5.8% | 17% | 9.9% |
| ROA | 5.6% | 5% | 5.4% | 6.2% | 4.9% | 3.9% | 4.8% | 1.2% | 4.2% | 2.3% |
| ROE | 30% | 31% | 43% | 41% | 17% | 14% | 38% | 9.8% | 25% | 13% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +11.49%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +1.28%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +4.21%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is -0.59%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +24.18%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is -2.29%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 3.47 | 3.36 | 2.61 | 2.30 | 2.65 | 1.53 | 1.36 | 4.50 | - | - |
| Debt Equity | 2.70 | 3.87 | 3.35 | 2.52 | 1.79 | 1.84 | 0.95 | 3.54 | 1.81 | - |
| MIN | ||||||||||
| Graham Stability | - | - | 100% | 100% | 36% | 32% | 100% | 52% | 100% | 32% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is 0.31.
What is the Graham’s Stability?
Graham’s Stability measure stands at 0.32.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | -7% | -11% | -1.7% | 12% | -1.8% |
| Net Income | 4.8% | -5.7% | 50% | 220% | 17% |
| Stockholders Equity | 8.4% | 4.6% | 24% | 29% | 4.6% |
| FCF | - | - | - | - | -2.5% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is -11.25%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is -1.84%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is -5.7%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +17.37%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is +4.58%.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is +4.64%.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -2.51%.