Bread Financial Holdings, Inc.

Consumer Discretionary
Business Services
www.breadfinancial.com

Earnings Score
Moat Score

Market Cap $3.19B
PE 10
Debt $4.58B
Cash $3.47B
EV $4.30B
FCF $NaN

Earnings

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Sales & Net Margins

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Earnings	$313.00M
EBIT	$426.00M
ROE	10%
ROA	2%
Equity	$3.11B
Growth Stability	35%
PE	10.2
PEG	0.38
PB	1.03
P/S	0.81
Price/Cash	1.09
Debt/Equity	1.47
Net Margins	9%
Op. Margins	11%
Earnings CAGR	-4%
Sales Growth YoY	-5%
Sales Growth QoQ	5%
Sales CAGR	-7%
FCF CAGR	-1%
Equity CAGR	4%
Earnings Stability	0.04
Earnings Growth YoY	-99%
Earnings Growth QoQ	-99%

Earnings CAGR 5Y	27%
Sales CAGR 5Y	-3%
FCF CAGR 5Y	1%
Equity CAGR 5Y	24%
Earnings CAGR 3Y	13%
Sales CAGR 3Y	13%
FCF CAGR 3Y	1%
Equity CAGR 3Y	17%
Market Cap	$3.19B
Revenue	$3.93B
Dividend Yield	1%
Payout Ratio	14%
Assets	$21.74B
Total Debt	$4.58B
Cash	$3.47B
Shares Outstanding	49.27M
EV	4.3B
Earnings Score	6%
Moat Score	67%
Shares Growth 3y	-1%
Equity Growth QoQ	-2%
Equity Growth YoY	9%

Assets & ROA

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Stockholders Equity & ROE

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Bread Financial is a leading provider of simple, personalized payment, lending, and saving solutions. We create opportunities for our customers and partners through digitally-enabled choices that offer ease, empowerment, and financial flexibility. Looking for Alliance Data or Comenity? You're in the right place.

SEC Filings

Direct access to Bread Financial Holdings, Inc. (BFH) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Bread Financial Holdings, Inc. compare to its competitors?

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Peter Lynch's Chart

This chart shows the current pricing of Bread Financial Holdings, Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR -4%

Stability 4%

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Bread Financial Holdings, Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Bread Financial Holdings, Inc..

Years

Calculation mode

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
DCF		$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Value	$0

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	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	08/2020	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	10%	9%	7%	10%	12%	5%	-	5%	24%	6%	17%	9%
ROA	-	6%	5%	5%	6%	5%	-	4%	5%	1%	4%	2%
ROE	-	30%	31%	43%	41%	17%	-	14%	38%	10%	25%	10%

Net Margins (9.27%)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Safety and Stability

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	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	08/2020	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	3.47	3.36	2.61	2.3	2.65	-	1.53	1.36	4.5	-	-
Debt over Equity	2.08	2.7	3.87	3.35	2.52	1.79	-	1.84	0.95	3.54	1.81	1.47
Growth Stability	-	-	-	100%	100%	36%	-	35%	100%	44%	100%	35%

Neutral Debt/FCF ratio (-)

Net Margins are at a level that is not too high nor too low. They are not a competitive advantage but they are not a competitive disadvantage either.

Neutral Debt/Equity ratio (1.47)

The company has a balance between equity and debt that is not too good nor too bad.

Bad Graham’s Stability (35%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

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	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	08/2020	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	21%	11%	8%	1%	-28%	-	-	-28%	17%	12%	-3%
Earnings YoY growth	-	18%	-14%	53%	22%	-72%	-	-	275%	-72%	222%	27%
Equity YoY growth	-	-16%	-18%	12%	26%	-32%	-	-	37%	9%	29%	24%
FCF YoY growth	-	32%	22%	25%	7%	-58%	-	-	-20%	22%	-	1%