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RILY - B. Riley Financial, ...

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B. Riley Financial, Inc.

RILY

NASDAQ

B. Riley Financial, Inc., through its subsidiaries, provides investment banking and financial services to corporate, institutional, and high net worth clients in North America, Australia, and Europe. The company operates in six segments: Capital Markets, Wealth Management, Auction and Liquidation, Financial Consulting, Principal Investments–Communications, and Brands. The Capital Markets segments offers investment banking, corporate finance, financial advisory, research, securities lending and sales, and trading services; merger and acquisitions, restructuring advisory, initial and secondary public offerings, and institutional private placements services; asset management services; and trades in equity securities. The Wealth Management segment provides wealth management and tax services. The Auction and Liquidation Segment offers retail store liquidation, and wholesale and industrial assets disposition services. The Financial Consulting segment provides bankruptcy, forensic accounting, litigation support, operations management and real estate consulting, and valuation and appraisal services. The Principal Investments–Communications segment provides consumer Internet access through United Online under the NetZero and Juno brands; VoIP communication and related products, and subscription services through magicJack; and mobile phone services and devices through Marconi Wireless. The Brands segments provides licensing of a brand investment portfolio, including Catherine Malandrino, English Laundry, Joan Vass, Kensie Girl, Limited Too, and Nanette Lepore. It also offers advisory services; brokerage services; senior secured and second lien secured loans to middle market public and the private U.S. companies; and consulting services. The company was formerly known as Great American Group, Inc. and changed its name to B. Riley Financial, Inc. in November 2014. The company was founded in 1973 and is headquartered in Los Angeles, California.

2.97 USD

0.02 (0.673%)

Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

645.63M

623.62M

708.78M

796.67M

835.58M

893.09M

954.55M

1.02B

1.09B

1.17B

Revenue %

-

-3.41

13.66

12.4

4.88

6.88

6.88

6.88

6.88

Operating Cash Flow

109.89M

390.46M

200.85M

486.97M

262.16M

358.07M

382.72M

409.06M

437.21M

467.3M

Operating Cash Flow %

17.02

62.61

28.34

61.13

31.37

40.09

40.09

40.09

40.09

Cap Ex

-16.47M

-15.33M

-43.25M

-24.14M

-21.07M

-29.76M

-31.81M

-34M

-36.34M

-38.84M

Cap Ex %

-2.55

-2.46

-6.1

-3.03

-2.52

-3.33

-3.33

-3.33

-3.33

Free Cash Flow

93.42M

375.13M

157.59M

462.83M

241.08M

328.31M

350.9M

375.05M

400.87M

428.46M

Weighted Average Cost Of Capital

Price

22.05

Beta

Diluted Shares Outstanding

95.41M

Costof Debt

35.37

Tax Rate

After Tax Cost Of Debt

30.16

Risk Free Rate

Market Risk Premium

Cost Of Equity

Total Debt

1.1B

Total Equity

2.1B

Total Capital

3.21B

Debt Weighting

34.4

Equity Weighting

65.6

Wacc

15.68

Build Up Free Cash Flow

Year

2020

2021

2022

2023

2024

2025

2026

2027

2028

2029

Revenue

645.63M

623.62M

708.78M

796.67M

835.58M

893.09M

954.55M

1.02B

1.09B

1.17B

Operating Cash Flow

109.89M

390.46M

200.85M

486.97M

262.16M

358.07M

382.72M

409.06M

437.21M

467.3M

Cap Ex

-16.47M

-15.33M

-43.25M

-24.14M

-21.07M

-29.76M

-31.81M

-34M

-36.34M

-38.84M

Free Cash Flow

93.42M

375.13M

157.59M

462.83M

241.08M

328.31M

350.9M

375.05M

400.87M

428.46M

Wacc

15.68

15.68

15.68

15.68

15.68

Pv Lfcf

283.81M

262.23M

242.29M

223.86M

206.84M

Sum Pv Lfcf

1.22B

Terminal Value

Growth In Perpetuity Method

Long Term Growth Rate

Wacc

15.68

Free Cash Flow T1

437.03M

Terminal Value

3.19B

Present Terminal Value

1.54B

Intrinsic Value

Enterprise Value

2.76B

Net Debt

198.47M

Equity Value

2.56B

Diluted Shares Outstanding

95.41M

Equity Value Per Share

26.86

Projected DCF

26.86 0.179%

DCF Levered

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