BRC Group Holdings, Inc.
RILYInvestment snapshot
Positive
1
BUY / PASS
Neutral / negative
4 / 11
NEUTRAL / FAIL
Median fair value
$52.21
+1417.7% vs price
Models with upside
3 / 17
Positive margin of safety
Strongest signal
RILY undervalued: all 3 models price fair value above $3.44 (median $52.21)
Key risk
All 12 investors flag RILY's debt & leverage
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | Not ranked | PASS | FAIL | FAIL | NEUTRAL | FAIL | FAIL | FAIL | NEUTRAL | FAIL | NEUTRAL | FAIL | FAIL | NEUTRAL |
| Score | |||||||||||||||||
| Analysis | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… |
| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||
| Margin of Safety | N/A | N/A | +93.4% | N/A | N/A | N/A | N/A | +98.1% | N/A | +9.2% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-09-30 · Annual history · FY 2025 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 · TTM ended 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · Balance sheet at 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Qualitative assessment Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Market data at 2026-11-01 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-03-31 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Balance sheet at 2026-09-30 · Price history 2025-01-01–2026-11-01 · Annual history · FY 2025 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-03-31 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-09-30 Latest source filing: 2026-11-05 Score computed: 2026-11-14 | TTM ended 2026-09-30 · Annual history · FY 2025 · Price history 2025-01-01–2026-11-01 Latest source filing: 2026-11-05 Score computed: 2026-11-14 |
Where It Passes
- Valuation models100% pass✓ 3▾
RILY undervalued: all 3 models price fair value above $3.44 (median $52.21)
Lynch fair value$52.21✓Lynch+93.4% margin vs $3.44Pabrai fair value$182.36✓Pabrai+98.1% margin vs $3.44Marks fair value$3.79✓Marks+9.2% margin vs $3.44 - Growth63% pass✓ 9✗ 4▾
5 of 8 pass — Graham, Sleep and Neff object
EPS Growth (3-yr avg, 10-yr window)-2580.8%✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)0.07✓Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR5.3%✓Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthInv: -23.8% vs Rev: 29.6%✓LynchInventory growth < Revenue growthEPS Growth Direction$0.91 (2009) -> $9.80 (2025)✓DremanPositive over recent yearsEPS CAGR16.0% CAGR over 16 years✓Dreman> 5% annualizedPositive Net Income Frequency12/17 years positive✓MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth29.6%✓Ackman>= 5%Positive EPS Growth Frequency3/5 years with positive EPS growth✓AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR5.3% CAGR over 5 years✓Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 88.2% -> 85.0%, operating margin 6.6% -> 7.8%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR3.0%✗SleepCAGR > 7%3-5 Year Diluted EPS CAGR5.3% over 5 years✗Neff7%-20% annualized
Where It Falls Short
- Debt & Leverage0% pass✗ 15▾
All 12 investors flag RILY's debt & leverage
LT Debt vs Net Current Assets✗GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: N/A (negative equity), IC: 1.5x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / EquityN/A (negative equity)✗Lynch< 0.33Cash - Long-term Debt$-1.2B✗LynchPositive preferredLT Debt / Total Assets Change0.00% -> 83.66%✗PiotroskiDecreased YoYCurrent Assets / Current Liabilities✗Dreman> 1.5✗SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00xDebt LevelsN/A (non-positive equity)✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=1.5x, D/EBITDA=0.2x✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity✗Ackman<= 1.0Negative debt-to-equity (higher means less debt)✗AsnessTop 30% of eligible cross-section - Verdicts8% pass✓ 1✗ 11▾
Split decision: 11 FAIL · 4 NEUTRAL · 1 PASS
Overall verdict✗GrahamFAIL (1/9)✗BuffettFAIL (3/9)✗LynchFAIL (3/7)•GreenblattNot ranked✓PiotroskiPASS (F-Score 4)✗DremanFAIL (4/11)✗MungerFAIL (1/4)•PabraiNEUTRAL (2/3)✗AkreFAIL (0/6)✗MarksFAIL (2/5)✗AckmanFAIL (3/9)•TempletonNEUTRAL (6/8)✗SleepFAIL (1/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (3/6)✗SchlossFAIL (2/7)•OshaughnessyNEUTRAL (Not ranked) - Efficiency13% pass✓ 3✗ 8▾
7 of 8 flag RILY's efficiency — Graham, Greenblatt, Piotroski +4 more
Current Ratio✗Graham>= 2.0ROIC (3-5 yr avg)34.5%✓Buffett> 10%ROIC - WACC+24.5%✓BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)✗Greenblatt> 25%Current Ratio Change YoY✗PiotroskiIncreased YoYRevenue / Total Assets Change YoY0.42x -> 0.57x✓PiotroskiImproved YoYCurrent Assets / Current Liabilities✗Dreman> 1.5Return on Invested CapitalN/A (non-positive invested capital)✗Munger> 15%ROIC (high and growing)FY2023: ROIC=24.4%; FY2024: ROIC=unavailable; FY2025: ROIC=4.8%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROIC4.8% (RR=100% x ROIC=4.8%)✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)2/4 years above 12% (latest 4.8%)✗SleepROIC > 12% in a majority of years - Cash Flow20% pass✓ 2✗ 10▾
8 of 10 flag RILY's cash flow — Lynch, Piotroski, Dreman +5 more
Free Cash Flow Proxy$97.2M✓BuffettPositive and growingFCF Positive and Growing$-30.7M✗LynchPositive and growingOperating Cash Flow$-59.7M✗PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=-3.50%, ROA=18.01%✗PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xP/E or FCF YieldP/E=0.4x✓PabraiP/E < 15 or FCF Yield > 10%FCF Positive4/11 years FCF positive✗MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap✗Ackman>= 4%Price / FCF per Share✗Ackman<= 25Positive Operating Cash Flow frequency9/17 years positive✗SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures✗Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-section - Profitability25% pass✓ 15✗ 20▾
12 of 16 flag RILY's profitability — Graham, Buffett, Lynch +9 more
Positive EPS (10 years)12/18 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)-2580.8%✗Graham>= 33% growthNet Income Positive (10+ years)12/18 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)12.0%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)7.8% (latest)✗BuffettStable or rising over 10 yearsFree Cash Flow Proxy$97.2M✓BuffettPositive and growingEarnings Variance (10-yr CoV)40.51✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)0.07✓Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR5.3%✓Lynch15-30% (Fast Grower); > 0% to passROEN/A (negative equity)✗Lynch> 15%EBIT / Enterprise Value5.6%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=5.6%, ROC=None✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets18.01%✓PiotroskiROA > 0ROA Change YoY-42.86% -> 18.01% (delta: +60.87%)✓PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=-3.50%, ROA=18.01%✗PiotroskiCFO/Assets > ROAGross Margin Change YoY77.5% -> 85.0%✓PiotroskiImproved YoYPre-Tax Income / Revenue8.5%✓Dreman>= 8%Net Income / Shareholders' Equity✗Dreman> 12%Margin of SafetyP/E=0.4x✓PabraiP/B < 1.5 or P/E < 15Return on Equity-0.9% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePositive Net Income Frequency12/17 years positive✓MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue12.4%✗Ackman>= 15%Net Income / Shareholders Equity✗Ackman>= 15%5-Year EPS CAGR5.3% CAGR over 5 years✓Templeton> 0% (5-year EPS CAGR)Operating Margin Trend6.6% (2023) -> 7.8% (2025)✓TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 88.2% -> 85.0%, operating margin 6.6% -> 7.8%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization+57.60%; #125/6340 (top 2.0%)✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+48.18%; #706/3702 (top 19.1%)✓AsnessTop 30% of eligible cross-sectionNet income / positive book equity✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.2067; #4261/5884 (top 72.4%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR5.3% over 5 years✗Neff7%-20% annualizedPositive Diluted-EPS Years7/10 years positive✓Schloss>= 70% positive over 5-10 observed years (app rule) - Valuation31% pass✓ 12✗ 16▾
9 of 13 flag RILY's valuation — Graham, Greenblatt, Dreman +6 more
Price / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio✗Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)0.07✓Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise Value5.6%✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=5.6%, ROC=None✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS0.4x✓Dreman< 12x✓Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)N/A (negative CFPS)✗Dreman< 8xPrice / Book Value per ShareN/A (negative BVPS)✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessP/E=0.4x, OE Yield=325.5%✓MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldP/E=0.4x✓PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical AverageP/E=0.4x✓MarksP/E < 15 or P/B < 2.0Discount to Intrinsic ValueN/A (negative normalized EPS)✗Marks>= 20% below intrinsic valuePrice / FCF per Share✗Ackman<= 25Price vs. Trailing Low117% of trailing low ($2.93)✓Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization+57.60%; #125/6340 (top 2.0%)✓AsnessTop 30% of eligible cross-section✓OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization-0.7066; #5993/6449 (top 92.9%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS0.4x✓NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E15.18✓Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per ShareN/A (non-positive TBVPS)✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change-128.2%✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+6.5268; #441/5247 (top 8.4%)✓OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization✗OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date-63.13%; #5477/6202 (top 88.3%)✗OshaughnessyTop 10% of eligible cross-section
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Issued 0.3% of shares last year, 1.0% issued over two.
- Buybacks
- —
- Dividends
- $0
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-09-30 2025-10-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: revenue, net income, operating income, ebit, pre tax income, interest expense, operating cash flow, depreciation amortization, dividends paid. | Q3 FY 2026 2026-07-01 – 2026-09-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, depreciation amortization. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $138.3Mcurrent | -- | -- | -- | $255.8Mest. | $140.6Mest. | $682.9Mest. | $1.1Best. | $1.4Best. |
| Revenue | $902.6M | $33.0M↓88% | $239.1M↑6% | $352.1M | $967.6M↑30% | $746.4M↓49% | $1.5B↑56% | $939.5M↓40% | $1.6B |
| Operating Income | $112.2M | -$139.7M↓314% | $38.2M↑253% | $152.9M | $75.6M↑115% | -$497.5M↓618% | $96.1M↑222% | $29.9M↓94% | $514.5M |
| Net Income | $79.7M | -$241.0M↓365% | $20.5M↓85% | $213.3M | $307.4M↑140% | -$764.3M↓665% | -$99.9M↑37% | -$159.8M↓136% | $445.1M |
| EPS (Diluted) | -- | $-6.04↓308% | $0.45↓90% | $6.57 | $9.80↑138% | $-25.46↓590% | $-3.69↑38% | $-5.95↓139% | $15.09 |
| Gross Margin | — | — | — | — | 85.0%↑10% | 77.5%↓12% | 88.2%↓6% | 93.5%↓5% | 98.3% |
| Operating Margin | 12.4% | -423.0%↓1897% | 16.0%↑233% | 43.4% | 7.8%↑112% | -66.7%↓1117% | 6.6%↑106% | 3.2%↓90% | 33.1% |
| ROE | -81.5% | — | — | — | -179.2%↓214% | 156.6%↑556% | -34.3%↑4% | -35.8%↓153% | 67.3% |
| Total Debt | $32.3M | $32.3M↓98% | $31.3M↓98% | $10.7M | $1.4B↑4995% | $28.0M↑45% | $19.4M↓23% | $25.3M↓99% | $1.7B |
| Shareholders' Equity | -$97.7M | -$97.7M↑62% | $142.2M↑140% | $77.3M | -$171.5M↑65% | -$488.2M↓268% | $291.1M↓35% | $446.5M↓32% | $661.3M |
| Current Ratio | — | — | — | — | — | — | — | — | — |
| Debt / Equity | -0.33 | -0.33↑93% | 0.22↑106% | 0.14 | -8.32↓14401% | -0.06↓186% | 0.07↑18% | 0.06↓98% | 2.55 |
| Operating Cash Flow | $150.1M | $104.0M↑272% | -$18.2M↑29% | $38.1M | -$59.7M↓123% | $263.6M↑976% | $24.5M↑268% | $6.7M↓87% | $50.9M |
| Free Cash Flow | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Trading
RILY vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| REALTY INCOME CORPO | $56.1B | $58.82 | $5.7B | $1.1B | 2.7% | 0.63 | 16.8% | — | 2/7 | 1/9 | 3/7 | 0/3 | F-Score 6 | 4/10 |
| Ventas, Inc.VTR | $47.0B | $88.92 | $5.8B | $261.5M | 2.1% | 1.04 | 3.5% | — | 2/7 | 1/9 | 2/7 | 0/3 | F-Score 6 | 2/10 |
| RAYMOND JAMES FINANCIAL INCRJF | $32.4B | $168.64 | $15.9B | $2.1B | 17.1% | 0.28 | — | — | 3/9 | 3/9 | 3/7 | 1/3 | F-Score 6 | 4/11 |
| ROYAL GOLD INCRGLD | $21.7B | $256.89 | $1.0B | $466.3M | 6.5% | 0.13 | 61.9% | 3.12 | 4/9 | 2/9 | 4/7 | 0/3 | F-Score 4 | 4/11 |
| iShares Ethereum Trust ETFETHA | $19.4B | $44.02 | — | $2.3B | — | — | — | — | — | — | — | — | — | — |
| KIMCO REALTY CORPKIM | $17.0B | $25.55 | $2.1B | $584.7M | 5.6% | 0.74 | 36.0% | — | 3/7 | 2/9 | 4/7 | 0/3 | F-Score 7 | 5/10 |
| LandBridge Co LLCLB | $5.6B | $73.15 | $199.1M | $30.1M | 8.9% | 1.65 | 59.5% | 4.87 | 2/9 | 3/9 | 2/7 | 0/3 | F-Score 6 | 3/11 |
| Digital Turbine, Inc.APPS | $927.6M | $7.61 | $565.3M | $37.7M | -19.6% | 1.88 | 6.0% | 1.16 | 1/9 | 2/9 | 2/7 | 1/3 | F-Score 7 | 0/11 |