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Compare Stocks › BRK-B vs RJF

Berkshire Hathaway Inc. (BRK-B) vs Raymond James Financial, Inc. (RJF)

BRK-B
Berkshire Hathaway Inc.
$473.01
VS
RJF
Raymond James Financial, Inc.
$156.20

Rewards

BRK-B
  • ★Each dollar of retained earnings has created $3.95 of earning power — management is an exceptional capital allocator.
  • ★PEG ratio of 0.13 suggests the stock is undervalued relative to its growth rate — paying less than 1x for each unit of earnings growth.
  • ★Net debt/EBITDA of -2.3x means the company holds more cash than debt — a net cash position.
RJF
  • ★Gross margin of 93.0% indicates strong pricing power — typical of businesses with significant intellectual property or brand strength.
  • ★Raymond James Financial, Inc. scores 93/100 on the Economic Moat Score (Wide Moat), with revenue predictability as the strongest competitive dimension.
  • ★Each dollar of retained earnings has created $1.45 of earning power — management is creating shareholder value.

Risks

BRK-B
  • ⚠FCF yield of 6.0% suggests reasonable valuation assuming continued moderate growth.
  • ⚠Trailing P/E of 15.2x is 72% above the historical average of 8.9x — the stock trades at a premium to its own history.
RJF
  • ⚠Altman Z-Score of 0.62 places the company in the distress zone — financial patterns resemble those of companies that experienced bankruptcy.
  • ⚠Insiders have sold $5.0M worth of stock in the past 3 months — significant insider liquidation.

Key Valuation Metrics

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BRK-B
RJF
Valuation
$61.23B
Free Cash Flow
N/A
6.00%
FCF Yield
N/A
15.24
Trailing P/E
14.75
21.95
Forward P/E
11.67
Quality & Moat
4.96%
ROIC
12.31%
9.18%
ROE
16.94%
27.78%
Gross Margin
93.01%
0.13
PEG Ratio
0.96
Balance Sheet Safety
0.18
Debt / Equity
0.46
N/A
Interest Coverage
N/A
-2.28
Net Debt / EBITDA
N/A
N/A
Dividend Yield
1.38%
BRK-B: 2Ties: 2RJF: 4
BRK-BRJF

Historical Fundamentals

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BRK-B

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

RJF

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

Price ÷ Earnings Per Share — how many years of current earnings you're paying for at today's price. Lower P/E may indicate undervaluation.

$1 Retained Earnings Test

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BRK-B
$1.66
created per $1 retained over 3 years
Value Creator
Σ Retained
$252.19B
Δ Market Cap
+$417.89B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer
RJF
$1.84
created per $1 retained over 3 years
Value Creator
Σ Retained
$4.79B
Δ Market Cap
+$8.83B
Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Buffett's "$1 Test": For every $1 of earnings retained, has management created at least $1 of market value?
> $1 created per $1 retained = Value Creator · < $1 created = Value Destroyer

Discounted Cash Flow (DCF) Analysis

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BRK-B
31.0% Margin of Safety
Price is 31.0% below estimated fair value
Current Price: $473.01
Fair Value: $685.41
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued
RJF
57.5% Margin of Safety
Price is 57.5% below estimated fair value
Current Price: $156.20
Fair Value: $367.73
Strongly undervalued
Undervalued
Fairly valued
Overvalued
Strongly overvalued

Reverse DCF — Market-Implied Growth

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BRK-B

What growth rate is the market pricing in at $473?

-0.3%
Market-Implied Owner Earnings Growth
Standard FCF implies +1.0%

The market implies -0.3% Owner Earnings growth, above historical trends.

Standard FCF implies a demanding +1.0%, reflecting heavy growth investment.

RJF

Requires positive FCF to compute implied growth rate.

Economic Moat Score

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BRK-B
40/100
Narrow Moat
70+ Wide · 40-69 Narrow · <40 None

Narrow moat with reinvestment efficiency as the key competitive advantage. Improving revenue predictability would strengthen the moat.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 5 years of fundamental data.
RJF
93/100
Wide Moat
70+ Wide · 40-69 Narrow · <40 None

Wide moat driven primarily by revenue predictability. Margin Stability is the area most vulnerable to competitive pressure.

Composite score measuring competitive advantage durability across four dimensions: returns above cost of capital, pricing power stability, revenue predictability, and capital efficiency. Based on 4 years of fundamental data.

Forensic Accounting

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BRK-B
-2.41
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.
RJF
-2.56
Unlikely Manipulator
Above -1.78 = likely manipulator · -2.22 to -1.78 = grey zone

M-Score Trend

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Beneish's 8-variable model estimates the probability of earnings manipulation. An M-Score above -1.78 signals elevated risk — companies in this range have historically been 3-5× more likely to be manipulating earnings. Scores between -2.22 and -1.78 fall in a grey zone warranting further investigation.

Ownership Breakdown

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BRK-B
Insiders 0.3%Institutions 66.2%Retail & Other 33.6%
No. of Institutional Holders5,818
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.
RJF
Insiders 10.4%Institutions 80.3%Retail & Other 9.3%
No. of Institutional Holders1,281
High insider ownership aligns management incentives with shareholders — a key signal in Buffett-style analysis. Institutional concentration can indicate smart-money conviction but also crowding risk.

High insider ownership aligns management incentives with shareholders. Institutional concentration can indicate smart-money conviction but also crowding risk.

Insider Buying Activity

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BRK-B
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises
RJF
0
Buys (3M)
0
Buys (12M)
No open market insider purchases found.
Open market purchases · includes direct & indirect ownership · excludes option exercises

Open market purchases · includes direct & indirect ownership · excludes option exercises.

Insider Selling Activity

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BRK-B
0
Sells (3M)
0
Sells (12M)
No open market insider sales found.
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives
RJF
2
Sells (3M)
4
Sells (12M)
Total value (12M): $27.26M
ALLAIRE BELLA LOYKHTER
Officer
$4.21M
@ $142.34 · 2026-03-19
SANTELLI JONATHAN N
General Counsel
$767,079
@ $170.46 · 2026-02-04
REILLY PAUL C
Officer and Director
$21.32M
@ $163.15 · 2025-12-15
ALLAIRE BELLA LOYKHTER
Officer
$963,228
@ $146.61 · 2025-05-29
BUNN JAMES E.
Officer
$498,184
@ $136.49 · 2025-04-28
SANTELLI JONATHAN N
General Counsel
$699,932
@ $168.25 · 2025-01-31
ELWYN TASHTEGO S
Officer
$1.59M
@ $159.47 · 2024-12-13
SANTELLI JONATHAN N
General Counsel
$513,318
@ $165.59 · 2024-12-05
CARTER HORACE
Officer
$825,147
@ $165.03 · 2024-12-04
REID SHANNON B
Officer
$205,141
@ $165.30 · 2024-12-04
LARSON KATHERINE H.
Officer
$247,691
@ $166.01 · 2024-12-03
ALLAIRE BELLA LOYKHTER
Officer
$769,791
@ $166.59 · 2024-12-03
RANEY STEVEN M
Officer
$2.34M
@ $169.02 · 2024-12-02
REILLY PAUL C
Chief Executive Officer
$8.37M
@ $167.30 · 2024-12-02
Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives

Direct ownership only · excludes indirect, option exercises, planned (10b5-1) sales & derivatives.

🎭 Mr. Market's Mood

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BRK-B
FearGreed
😐Neutral(52/100)

"Market is pricing this stock without strong emotion in either direction"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.
RJF
FearGreed
😐Neutral(55/100)

"Market is pricing this stock without strong emotion in either direction"

Composite sentiment score based on 6 market signals. Inspired by Buffett's "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

Composite sentiment score based on market signals. Inspired by Buffett’s "Mr. Market" allegory — fear = potential opportunity, greed = potential risk. Must be used alongside fundamental analysis, not in isolation.

⚖️ Buffett Signal

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BRK-B
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Neutral (52)
RJF
⚪Awaiting DCF Data

The Buffett Signal cross-references market sentiment with DCF valuation. Configure the DCF Analysis above to generate a signal.

DCF Margin of Safety: N/AMr. Market's Mood: Neutral (55)
View BRK-B Full AnalysisView RJF Full Analysis
BRK-B vs RJF: Which Is the Better Buy? | SafetyMargin.io