Bright Horizons Family Stock Beta
| BFAM Stock | USD 106.81 0.81 0.75% |
Bright Horizons Family fundamentals help investors to digest information that contributes to Bright Horizons' financial success or failures. It also enables traders to predict the movement of Bright Stock. The fundamental analysis module provides a way to measure Bright Horizons' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Bright Horizons stock.
Bright | Beta |
Bright Horizons Family Company Beta Analysis
Bright Horizons' Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Bright Horizons Beta | 1.38 |
Most of Bright Horizons' fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Bright Horizons Family is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Bright Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Bright Horizons is extremely important. It helps to project a fair market value of Bright Stock properly, considering its historical fundamentals such as Beta. Since Bright Horizons' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Bright Horizons' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Bright Horizons' interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
| Competition |
In accordance with the recently published financial statements, Bright Horizons Family has a Beta of 1.383. This is 64.64% higher than that of the Diversified Consumer Services sector and 15.25% higher than that of the Consumer Discretionary industry. The beta for all United States stocks is notably lower than that of the firm.
Bright Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Bright Horizons' direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Bright Horizons could also be used in its relative valuation, which is a method of valuing Bright Horizons by comparing valuation metrics of similar companies.Bright Horizons is currently under evaluation in beta category among related companies.
Bright Horizons Current Valuation Drivers
We derive many important indicators used in calculating different scores of Bright Horizons from analyzing Bright Horizons' financial statements. These drivers represent accounts that assess Bright Horizons' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Bright Horizons' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 8.7B | 10.3B | 7.6B | 3.7B | 5.4B | 3.6B | |
| Enterprise Value | 10.5B | 11.8B | 9.1B | 5.6B | 7.2B | 4.8B |
Bright Horizons ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Bright Horizons' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Bright Horizons' managers, analysts, and investors.Environmental | Governance | Social |
Bright Horizons Institutional Holders
Institutional Holdings refers to the ownership stake in Bright Horizons that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Bright Horizons' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Bright Horizons' value.| Shares | Capital World Investors | 2024-03-31 | 1.3 M | Liontrust Investment Partners Llp | 2024-03-31 | 981.7 K | Neuberger Berman Group Llc | 2024-03-31 | 961.5 K | State Street Corporation | 2023-12-31 | 955.6 K | Geode Capital Management, Llc | 2023-12-31 | 862.7 K | Ameriprise Financial Inc | 2023-12-31 | 775.1 K | Dimensional Fund Advisors, Inc. | 2024-03-31 | 733.9 K | Charles Schwab Investment Management Inc | 2024-03-31 | 644.7 K | Westfield Capital Management Company, Lp | 2024-03-31 | 631.6 K | T. Rowe Price Associates, Inc. | 2024-03-31 | 5.4 M | Vanguard Group Inc | 2024-03-31 | 5.4 M |
As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Bright Horizons will likely underperform.
Bright Fundamentals
| Return On Equity | 0.0712 | ||||
| Return On Asset | 0.032 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.07 % | ||||
| Current Valuation | 8.03 B | ||||
| Shares Outstanding | 58 M | ||||
| Shares Owned By Insiders | 1.12 % | ||||
| Shares Owned By Institutions | 98.88 % | ||||
| Number Of Shares Shorted | 1.33 M | ||||
| Price To Earning | 158.54 X | ||||
| Price To Book | 5.22 X | ||||
| Price To Sales | 2.62 X | ||||
| Revenue | 2.42 B | ||||
| Gross Profit | 408.71 M | ||||
| EBITDA | 271.17 M | ||||
| Net Income | 74.05 M | ||||
| Cash And Equivalents | 270.42 M | ||||
| Cash Per Share | 4.68 X | ||||
| Total Debt | 1.86 B | ||||
| Debt To Equity | 1.57 % | ||||
| Current Ratio | 0.86 X | ||||
| Book Value Per Share | 21.21 X | ||||
| Cash Flow From Operations | 256.14 M | ||||
| Short Ratio | 5.78 X | ||||
| Earnings Per Share | 1.43 X | ||||
| Price To Earnings To Growth | 1.76 X | ||||
| Target Price | 113.56 | ||||
| Number Of Employees | 31.4 K | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 6.24 B | ||||
| Total Asset | 4.17 B | ||||
| Retained Earnings | 625.83 M | ||||
| Working Capital | (352.53 M) | ||||
| Current Asset | 152.71 M | ||||
| Current Liabilities | 305.34 M | ||||
| Net Asset | 4.17 B |
About Bright Horizons Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Bright Horizons Family's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Bright Horizons using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Bright Horizons Family based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Bright Horizons Piotroski F Score and Bright Horizons Altman Z Score analysis. Note that the Bright Horizons Family information on this page should be used as a complementary analysis to other Bright Horizons' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Bright Stock analysis
When running Bright Horizons' price analysis, check to measure Bright Horizons' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bright Horizons is operating at the current time. Most of Bright Horizons' value examination focuses on studying past and present price action to predict the probability of Bright Horizons' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bright Horizons' price. Additionally, you may evaluate how the addition of Bright Horizons to your portfolios can decrease your overall portfolio volatility.
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Is Bright Horizons' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bright Horizons. If investors know Bright will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bright Horizons listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.071 | Earnings Share 1.43 | Revenue Per Share 43.045 | Quarterly Revenue Growth 0.125 | Return On Assets 0.032 |
The market value of Bright Horizons Family is measured differently than its book value, which is the value of Bright that is recorded on the company's balance sheet. Investors also form their own opinion of Bright Horizons' value that differs from its market value or its book value, called intrinsic value, which is Bright Horizons' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bright Horizons' market value can be influenced by many factors that don't directly affect Bright Horizons' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bright Horizons' value and its price as these two are different measures arrived at by different means. Investors typically determine if Bright Horizons is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bright Horizons' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.