BrightView Holdings, Inc. (BV) stock analysis
Close on Nov 11, 2026Market cap $913.96MP/E –Yield –
StockData Score
Prices as of Nov 11, 2026How the score works
Weak5 of 30 checks passed
BrightView passes 5 of the 30 checks behind our score; 8 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 1/6
- Growth
- 1/6
- Past performance
- 0/6
- Financial health
- 3/6
- Dividend
- 0/6
What stands out
Debt covered by cash flow
Operating cash flow over the last twelve months equals 20.8% of total debt.
Guidance raised
BrightView raised its Fiscal Year 2026 Total Revenue outlook on Nov 19, 2025.
P/B below the industry
BrightView's price-to-book of 0.74 is below the Consumer staples median of 2.48.
Debt falling against equity
Debt to equity fell from 85.0% five years ago to 72.5%.
What to watch
Margin of safety under 20%
The price is 175% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $9.87 is above our fair value estimate of $3.59.
Return on equity under 15%
Return on equity was 0.1% over the last twelve months and averaged 2.0% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.8%, below the 10% that usually covers the cost of capital.
Valuation1/6
P/E against its history
Not enough price and earnings history to compare.
P/E against the industry
Needs positive earnings and enough profitable companies in the industry.
EV/EBITDA above its 5-year median
BrightView's EV/EBITDA of 24.1 is above its 5-year median of 18.1.
P/B below the industry
BrightView's price-to-book of 0.74 is below the Consumer staples median of 2.48.
Trading above fair value
The share price of $9.87 is above our fair value estimate of $3.59.
Margin of safety under 20%
The price is 175% above fair value, so there is no margin of safety.
Growth1/6
Revenue growing under 10% a year
Revenue grew -1.2% a year over the last three fiscal years, short of the 10% we look for.
EPS growth over 3 years
Needs positive EPS three years ago and today.
Earnings growth not accelerating
Net income grew -98.2% over the last twelve months, against a 5-year average of -53.6% a year.
Growing slower than the industry
Revenue grew 1.5% over the last twelve months; the Consumer staples median is 3.7%.
Guidance raised
BrightView raised its Fiscal Year 2026 Total Revenue outlook on Nov 19, 2025.
Gross margin slipping
Gross margin was 20.4% over the last twelve months, against 23.3% a year earlier.
Past performance0/6
Return on equity under 15%
Return on equity was 0.1% over the last twelve months and averaged 2.0% over five years; we look for 15% on both.
Return on capital under 10%
Return on invested capital was 1.8%, below the 10% that usually covers the cost of capital.
Return on equity below the industry
BrightView's return on equity of 0.1% is below the Consumer staples median of 5.3%.
Earnings shrank over 5 years
Net income shrank 53.6% a year on average over the last five fiscal years.
Net margin below its 5-year average
Net margin was 0.0% over the last twelve months, against a 5-year average of 1.0%.
Net margin below the industry
BrightView's net margin of 0.0% is below the Consumer staples median of 1.9%.
Financial health3/6
High debt
Debt is 72.5% of shareholders' equity, above the 40% we consider low.
Debt falling against equity
Debt to equity fell from 85.0% five years ago to 72.5%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 20.8% of total debt.
Interest not well covered
Operating income covers interest expense 1.4 times; we look for at least 5.
Short-term assets cover short-term debts
Current assets are 1.29 times current liabilities.
Elevated bankruptcy risk
The Altman Z-score is 1.23; above 3 is the safe zone and below 1.8 the distress zone.
Dividend0/6
No dividend
BrightView has not paid a dividend in the last twelve months.
Yield against Treasuries
No dividend.
Yield against the market
No dividend.
Dividend stability
No dividend.
Earnings cover
No dividend.
Cash-flow cover
No dividend.
Fair value
How we estimate itOur estimate per share
$3.59
The share price is 175% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| EV/EBITDA | 15.8× | 18.1× | 13.6× | $3.23 | 70% |
| P/Bleft out, too far from the others | 1.7× | 0.9× | 2.5× | $22.62 | – |
| Earnings power | 10.1% cost of equity | – | – | $4.42 | 30% |
| Fair value | $3.59 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 59.8
- Consumer staples median 23.3
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Medium risk
- Average value traded per day
- $11.76M
- Value traded per 1% price move
- $6.12M
Downside
Medium risk
- Typical loss in a bad month
- 21.6%
- Volatility (annualized)
- 41%
- Sharpe ratio, 1 year
- -0.52
- Beta to the S&P 500 (5Y)
- 1.05
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2015 to 2026
Gross margin
Operating margin
Net margin
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +1.5% | -1.2% | +1.2% | +2.2% | |
| Gross profit | -11.1% | -6.6% | -3.2% | -0.9% | |
| Operating income | -44.4% | -9.5% | -3.7% | +25.8% | |
| Net income | -98.2% | – | -53.6% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | – | 3.5% | 0.1% | |
| Return on assets | – | 1.5% | 0.0% | |
| Current ratio | – | 1.43 | 1.29 | |
| Debt to equity | – | 0.85 | 0.72 | |
| Interest coverage | – | 2.1× | 1.4× | |
| Capex to revenue | – | 2.4% | 8.3% | |
| Diluted shares | – | 106M | 93M |
Where the cash went
Fiscal 2022 to 2026, five years combined
BrightView generated $918.90M from operations and spent $986.40M on capital expenditure, dividends and share buybacks. 75% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 0.0% | 0.80× | 2.71× | 0.1% |
| FY2025 | 2.1% | 0.79× | 2.64× | 4.4% |
| FY2024 | 2.4% | 0.82× | 2.68× | 5.3% |
| FY2023 | -0.3% | 0.85× | 2.71× | -0.6% |
| FY2022 | 0.5% | 0.85× | 2.56× | 1.1% |
| FY2021 | 1.8% | 0.81× | 2.41× | 3.5% |
| FY2020 | -1.8% | 0.78× | 2.35× | -3.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero$1.00M
- Cash generatingOperating cash flow above zero$184.70M
- Return on assets improvedROA up on the prior year1.7% → 0.0%
- Earnings backed by cashOperating cash flow above net income$184.70M vs $1.00M
- Less leverageLong-term debt to assets fell23.3% → 25.8%
- Better liquidityCurrent ratio rose1.30 → 1.29
- No dilutionShare count did not rise97M → 93M
- Gross margin improvedGross margin up on the prior year23.26% → 20.38%
- More efficientAsset turnover rose0.79 → 0.80
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