Burford Capital Limited

Burford Capital Limited

BURยทNYSE

$4.31

-5.5%
Financial ServicesAsset Management

Burford Capital Limited, through its subsidiaries, provides legal finance products and services. The company offers asset management services, including core legal finance, complex strategies, and post-settlement finance. The company was incorporated in 2009 and is based in Saint Peter Port, Guernsey.

At a Glance

Live Snapshot
Market Cap$944.19M
EPS0.2900
P/E Ratio14.86
Earnings Date08/06/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 14.9).

Valuation inputs: P/E 14.9, earnings yield +6.7%, momentum -5.5%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is soft (ROE +2.6%, ROIC +9.1%).

Profitability stack: net margin +18.4%, ROE +2.6%, ROIC +9.1%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +52.9%, momentum -5.5%, net margin +18.4%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

bur

Burford Capital Limited Market vs Earnings Trajectory

BUR ยท NYSE

Loading price and EPS data...

Burford Capital Limited

Burford Capital Limited Fair Value Envelope

BUR ยท NYSE

Our analysis suggests that BUR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $4.31, this represents a potential HIDDEN relative to our calculated worth for Burford Capital Limited.

Intrinsic Value
Current Price: $4.31
3Y+107.0%
5Y-55.0%
10Y-45.0%
3Y+26.0%
5Y+7.0%
10Y+127.0%
3Y+105.0%
5Y-56.0%
10Y-43.0%
3Y-94.0%
5Y-116.0%
10Y+335.0%
3Y-94.0%
5Y-116.0%
10Y+256.0%
3Y+55.0%
5Y+143.0%
10Y+586.0%
Burford Capital Limited

Burford Capital Limited Profit Bridge

BUR ยท NYSE
Revenue339.85M
Cost of Goods Sold (146.08M)
Gross Profit193.77M
Operating Expenses (109.74M)
Operating Income84.03M
Interest Expense (146.08M)
Other Income/Expense0.00
Pretax Income84.03M
Income Tax (11.84M)
Net Income62.57M
Net Income
62.57M

Profitability Analysis

Gross Margin

57.0%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

24.7%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.4%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

14.1%

Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

57.02%
Gross Profit Margin
-21%
3Y-21.0%
5Y-42.0%
10Y-23.0%
24.73%
Operating Profit Margin
-54%
3Y-39.0%
5Y-62.0%
10Y-69.0%
18.41%
Net Profit Margin
-41%
3Y+63.0%
5Y-59.0%
10Y-75.0%
2.56%
Return on Equity
-58%
3Y+46.0%
5Y-70.0%
10Y-86.0%
0.94%
Return on Assets
-60%
3Y+32.0%
5Y-82.0%
10Y-92.0%
9.11%
Return on Invested Capital
144%
3Y+299.0%
5Y+43.0%
10Y-31.0%
BUR

Burford Capital Limited Cash Conversion Engine

BUR ยท NYSE
Net Income72.19M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital351.42M
Others-452.62M
Capital Expenditures-284.00K
Free Cash Flow-29.30M

Cash Flow Quality Analysis

FCF Conversion Rate

-40.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-1.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-113.6%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

+$351.42M

Working capital inflow boosted cash flow. Efficient management of receivables, inventory, and payables contributing positively.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

bur

Burford Capital Limited Funding & Solvency Profile

BUR ยท NYSE
Cash & Cash Equivalents566.44M
Net Receivables186.91M
Inventory0.00
Other Current Assets-186.91M
Total Current Assets656 M
Property, Plant & Equipment0.00
Goodwill & Intangible Assets134.02M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets0
Total Assets
6.64B

Financial Health Analysis

Current Ratio

1.78x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.12x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

287 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

10% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

bur

Burford Capital Limited Street Expectations Map

BUR ยท NYSE

Wall Street analysts project that BUR stock may rise significantly over the coming 12 months. The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Lowest Target
5.00
16.01%
Consensus Target
5.00
16.01%
Highest Target
5.00
16.01%

The consensus 1-year price target stands at 5.00, with estimates ranging from a low of 5.00 to a high of 5.00.

Analyst Consensus Analysis

Upside Potential

+16.0%

Strong upside potential. Consensus indicates attractive return opportunity with favorable risk-reward profile.

Analyst Agreement

0.0% spread

High analyst agreement. Narrow target range indicates strong consensus on valuation, suggesting clear investment thesis and predictable outlook.

Analyst Conviction

Very High

Strong buy conviction: High upside with tight consensus suggests compelling investment opportunity backed by analyst confidence.

Market Sentiment Insight

Monitor and evaluate: Current analyst consensus suggests limited conviction or near-term catalysts. Stay informed on company developments and reassess positioning as new information emerges.

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Burford Capital Limited Insider Positioning

BUR ยท NYSE

During the last 12 months, insiders have sold $6.49M worth of BUR shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

6-9 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

9-12 Months

Bought

0

0.00

Sold

444.5K

6.49M

Net Activity

-6.5M

-$6.49M

Top Buyers

No buying activity

Top Sellers

1
BCP

Bogart Christopher P

Director, Officer: Chief Executive Officer

210.0K sharesโ€ข1 transactions

$3.06M

2
MJT

Molot Jonathan Todd

Officer: Chief Investment Officer

210.0K sharesโ€ข1 transactions

$3.06M

3
WAO

Will Aviva O.

Officer: President

17.5K sharesโ€ข1 transactions

$255K

4
PD

Perla David

Officer: Vice Chair

7.0K sharesโ€ข1 transactions

$102K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.49M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

4 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.70%
Dividend Yield
3Y+19.0%
5Y+262.0%
10Y-
ย 

bur Dividend History

BUR
10Y CAGR +5%
Latest $0.062
Annual $0.187601
5 year growth trend
Last Period: +0%