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Brink's

DB:PTY
Snowflake Description

High growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PTY
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Commercial Services
Company description

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The last earnings update was 55 days ago. More info.


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PTY Share Price and Events
7 Day Returns
1.1%
DB:PTY
1.5%
DE Commercial Services
1.8%
DE Market
1 Year Returns
14.7%
DB:PTY
-8.1%
DE Commercial Services
-6%
DE Market
PTY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Brink's (PTY) 1.1% 3.4% 12.1% 14.7% 129.8% 285.4%
DE Commercial Services 1.5% 2.8% 9.6% -8.1% 1.3% -41%
DE Market 1.8% 6% 7.8% -6% 10.1% 15.3%
1 Year Return vs Industry and Market
  • PTY outperformed the Commercial Services industry which returned -8.1% over the past year.
  • PTY outperformed the Market in Germany which returned -6% over the past year.
Price Volatility
PTY
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Brink's undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Brink's to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Brink's.

DB:PTY Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 6 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:PTY
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.73
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.735 (1 + (1- 21%) (39.05%))
0.974
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.97
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (0.974 * 5.96%)
6.03%

Discounted Cash Flow Calculation for DB:PTY using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Brink's is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:PTY DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 6.03%)
2019 234.03 Analyst x3 220.71
2020 290.93 Analyst x3 258.76
2021 343.00 Analyst x1 287.71
2022 349.30 Analyst x1 276.32
2023 358.50 Analyst x1 267.46
2024 365.27 Est @ 1.89% 257.00
2025 370.35 Est @ 1.39% 245.75
2026 374.21 Est @ 1.04% 234.18
2027 377.20 Est @ 0.8% 222.62
2028 379.56 Est @ 0.63% 211.26
Present value of next 10 years cash flows $2,481.78
DB:PTY DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $379.56 × (1 + 0.23%) ÷ (6.03% – 0.23%)
$6,552.06
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $6,552.06 ÷ (1 + 6.03%)10
$3,646.84
DB:PTY Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $2,481.78 + $3,646.84
$6,128.62
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6,128.62 / 49.71
$123.3
DB:PTY Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:PTY represents 0.87461x of NYSE:BCO
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87461x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 123.30 x 0.87461
€107.84
Value per share (EUR) From above. €107.84
Current discount Discount to share price of €70.03
= -1 x (€70.03 - €107.84) / €107.84
35.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Brink's is available for.
Intrinsic value
35%
Share price is €70.03 vs Future cash flow value of €107.84
Current Discount Checks
For Brink's to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Brink's's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Brink's's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Brink's's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Brink's's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:PTY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.65
NYSE:BCO Share Price ** NYSE (2019-04-18) in USD $80.07
Europe Commercial Services Industry PE Ratio Median Figure of 105 Publicly-Listed Commercial Services Companies 16.64x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.59x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Brink's.

DB:PTY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:BCO Share Price ÷ EPS (both in USD)

= 80.07 ÷ -0.65

-122.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brink's is loss making, we can't compare its value to the Europe Commercial Services industry average.
  • Brink's is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Brink's's expected growth come at a high price?
Raw Data
DB:PTY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -122.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
33.3%per year
Europe Commercial Services Industry PEG Ratio Median Figure of 54 Publicly-Listed Commercial Services Companies 1.39x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Brink's, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Brink's's assets?
Raw Data
DB:PTY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $3.09
NYSE:BCO Share Price * NYSE (2019-04-18) in USD $80.07
Germany Commercial Services Industry PB Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 2.03x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
DB:PTY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:BCO Share Price ÷ Book Value per Share (both in USD)

= 80.07 ÷ 3.09

25.89x

* Primary Listing of Brink's.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brink's is overvalued based on assets compared to the DE Commercial Services industry average.
X
Value checks
We assess Brink's's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Brink's has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Brink's expected to perform in the next 1 to 3 years based on estimates from 6 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Brink's expected to grow at an attractive rate?
  • Brink's's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Brink's's earnings growth is expected to exceed the Germany market average.
  • Brink's's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:PTY Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:PTY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 33.3%
DB:PTY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 4.9%
Germany Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 31.2%
Germany Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 3.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:PTY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:PTY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 4,494 1
2022-12-31 4,320 333 2
2021-12-31 4,089 526 297 2
2020-12-31 3,983 487 262 6
2019-12-31 3,754 433 201 6
DB:PTY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 3,489 364 -33
2018-09-30 3,484 264 -120
2018-06-30 3,482 237 -118
2018-03-31 3,438 270 4
2017-12-31 3,347 296 17
2017-09-30 3,247 248 83
2017-06-30 3,154 279 88
2017-03-31 3,087 245 74
2016-12-31 3,021 190 36
2016-09-30 2,983 162 19
2016-06-30 2,986 167 2
2016-03-31 3,007 182 -12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Brink's's earnings are expected to grow significantly at over 20% yearly.
  • Brink's's revenue is expected to grow by 4.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:PTY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from Brink's Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PTY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 5.98 5.98 5.98 1.00
2020-12-31 5.14 5.47 4.76 3.00
2019-12-31 3.94 4.40 3.22 3.00
DB:PTY Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.65
2018-09-30 -2.36
2018-06-30 -2.31
2018-03-31 0.08
2017-12-31 0.33
2017-09-30 1.65
2017-06-30 1.74
2017-03-31 1.47
2016-12-31 0.72
2016-09-30 0.37
2016-06-30 0.03
2016-03-31 -0.23

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Brink's is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Brink's's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Brink's has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Brink's performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Brink's's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Brink's does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Brink's's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Brink's's 1-year growth to the Europe Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Brink's's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Brink's Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:PTY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,488.90 -33.30 542.20
2018-09-30 3,484.40 -120.20 525.80
2018-06-30 3,481.50 -117.80 523.10
2018-03-31 3,437.70 4.30 529.20
2017-12-31 3,347.00 16.90 513.40
2017-09-30 3,247.30 83.40 498.60
2017-06-30 3,153.60 88.00 484.00
2017-03-31 3,087.20 74.00 464.70
2016-12-31 3,020.60 36.20 464.60
2016-09-30 2,982.90 18.50 465.80
2016-06-30 2,986.30 1.70 465.00
2016-03-31 3,007.10 -11.60 469.90
2015-12-31 3,061.40 -9.10 491.70
2015-09-30 3,176.80 -31.40 502.10
2015-06-30 3,290.10 -10.30 521.60
2015-03-31 3,388.80 3.60 532.40
2014-12-31 3,562.30 -54.80 560.60
2014-09-30 3,556.90 -9.20 530.70
2014-06-30 3,666.80 -8.20 541.30
2014-03-31 3,777.70 4.10 555.40
2013-12-31 3,778.60 66.00 546.80
2013-09-30 3,826.40 78.50 550.70
2013-06-30 3,788.90 70.00 553.00
2013-03-31 3,750.00 92.40 543.10
2012-12-31 3,577.60 102.30 532.40
2012-09-30 3,689.30 119.40 536.20
2012-06-30 3,740.20 129.60 529.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Brink's has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Brink's used its assets less efficiently than the Europe Commercial Services industry average last year based on Return on Assets.
  • It is difficult to establish if Brink's improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Brink's's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Brink's has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Brink's's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Brink's's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Brink's is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Brink's's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Brink's's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Brink's Company Filings, last reported 3 months ago.

DB:PTY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 166.60 1,554.00 343.90
2018-09-30 244.80 1,519.10 314.80
2018-06-30 245.10 1,228.60 548.90
2018-03-31 366.50 1,255.70 562.50
2017-12-31 338.20 1,236.70 614.30
2017-09-30 480.30 750.00 241.80
2017-06-30 442.80 575.10 207.10
2017-03-31 421.20 528.40 218.70
2016-12-31 354.80 455.80 183.50
2016-09-30 392.00 492.60 191.50
2016-06-30 358.10 482.50 169.60
2016-03-31 350.00 494.60 186.80
2015-12-31 330.60 444.90 181.90
2015-09-30 376.60 480.00 176.10
2015-06-30 408.00 490.10 181.10
2015-03-31 421.20 507.80 168.80
2014-12-31 473.80 466.60 176.20
2014-09-30 676.20 493.90 223.00
2014-06-30 705.00 528.10 224.70
2014-03-31 695.70 480.90 201.50
2013-12-31 779.50 436.00 255.50
2013-09-30 589.40 522.20 242.30
2013-06-30 543.30 526.90 239.80
2013-03-31 545.40 509.70 234.80
2012-12-31 576.80 389.30 201.70
2012-09-30 563.40 425.20 202.70
2012-06-30 535.40 405.80 126.90
  • Brink's's level of debt (932.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (56.1% vs 932.8% today).
  • Debt is well covered by operating cash flow (23.4%, greater than 20% of total debt).
  • Brink's is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Brink's's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Brink's has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Brink's's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.75%
Current annual income from Brink's dividends. Estimated to be 0.69% next year.
If you bought €2,000 of Brink's shares you are expected to receive €15 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Brink's's pays a lower dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Brink's's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:PTY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
Germany Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 3.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:PTY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31 0.55 1.00
2021-12-31 0.55 1.00
2020-12-31 0.55 1.00
2019-12-31 0.55 1.00
DB:PTY Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-01-17 0.600 0.786
2018-10-04 0.600 0.907
2018-07-13 0.600 0.794
2018-05-03 0.600 0.777
2018-01-16 0.600 0.796
2017-10-17 0.600 0.748
2017-07-13 0.600 0.766
2017-05-08 0.600 0.929
2017-01-20 0.400 0.766
2016-10-18 0.400 0.976
2016-07-15 0.400 1.128
2016-05-06 0.400 1.382
2016-01-21 0.400 1.293
2015-10-20 0.400 1.335
2015-07-10 0.400 1.388
2015-05-08 0.400 1.278
2015-01-22 0.400 1.493
2014-10-20 0.400 1.777
2014-07-11 0.400 1.551
2014-05-02 0.400 1.493
2014-01-16 0.400 1.359
2013-10-23 0.400 1.218
2013-07-12 0.400 1.457
2013-05-03 0.400 1.502
2013-01-17 0.400 1.477
2012-10-17 0.400 1.433
2012-07-12 0.400 1.672
2012-05-04 0.400 1.757
2012-01-19 0.400 1.628
2011-10-18 0.400 1.529
2011-07-08 0.400 1.556
2011-05-06 0.400 1.390
2011-01-20 0.400 1.290
2010-10-21 0.400 1.539
2010-07-09 0.400 1.868
2010-05-07 0.400 1.875
2010-01-21 0.400 1.506
2009-10-23 0.400 1.647
2009-07-10 0.400 1.480
2009-04-23 0.400 1.407

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Brink's is not paying a notable dividend for Germany, therefore no need to check if the payments are stable.
  • Brink's is not paying a notable dividend for Germany, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Brink's's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Brink's's dividends as it is not paying a notable one for Germany.
Future Payout to shareholders
  • No need to calculate the sustainability of Brink's's dividends in 3 years as they are not expected to pay a notable one for Germany.
X
Income/ dividend checks
We assess Brink's's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Brink's afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Brink's has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Brink's's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Doug Pertz
COMPENSATION $10,360,397
AGE 64
TENURE AS CEO 2.8 years
CEO Bio

Mr. Douglas Allen Pertz, also known as Doug, has been the Chief Executive Officer and President of The Brink's Company since June 9, 2016. He serves as the President of Mosaic USA Holdings, Inc. Mr. Pertz served as the Chief Executive Officer, President and Managing Director at Recall Corporation until 2016. He serves as Director at Advance Auto Parts, Inc. He served as the Chief Executive Officer of Recall India Information Management Private Limited until May 2, 2016. Mr. Pertz served as the Chief Executive Officer and President of Recall Holdings Limited from April 1, 2013 to 2016 and served as its Managing Director until January 10, 2016. He served as the Group President of Recall at Brambles Limited since April 2013 and served as its Chief Operating Officer of Recall. Mr. Pertz served as Vice President of Mosaic Phosphates MP, Inc., a Managing General Partner of IMC Phosphates Co. Mr. Pertz served as Senior Operating Executive of Bolder Capital, LLC. Mr. Pertz served as a partner with Bolder Capital, LLC (a private equity firm) from 2011 to 2013. He served as the Principal Executive Officer and Vice President of IMC Phosphates MP Inc. - Managing General Partner of Mosaic Phosphates Co. Mr. Pertz served as a Partner and Managing Director of One Equity Partners LLC. Mr. Pertz served as the Chairman and Chief Executive Officer at Bolder U.S. Sanitation Group. He served as an Interim Chief Operating Officer of Clipper Windpower Holdings Limited (alternate name, Clipper Windpower Ltd.) from May 2008 to March 9, 2010 and served as its Chief Executive Officer and President from September 2008 to March 9, 2010. Mr. Pertz served as Principal Executive Officer of Mosaic Phosphates MP, Inc. He served as the Chief Executive Officer of Mosaic Global Holdings Inc. from October 1, 1999 to October 2004 and Chairman from October 2000 to October 2004. He served as the President of IMC Global Inc. from October 2000 to March 2002 and again served as its President and Chief Executive Officer from October 1999 to October 2000, President from October 1998 to October 2000 and Chief Operating Officer from October 1998 to October 1999. Mr. Pertz served as the President and Chief Executive Officer of Vigoro Corporation. He served as the President and Chief Executive Officer of Culligan Water Technologies Inc. (now Culligan International Company) from 1995 to 1998 where he led a successful initial public offering in 1995 and oversaw more than 60 acquisitions and sold it to US Filter. From 1994 to January 1995, he served as a Corporate Vice President of Danaher Corp. From 1990 to January 1995, Mr. Pertz served as President and Chief Executive Officer of Danaher's subsidiary, NMTC, Inc., and Matco Tools Corporation. He served as the Chief Executive Officer and President of Harman International Industries, Incorporated from May 1, 2006 to August 21, 2006 and also worked in various management roles with Cummins Engine Company and Caterpillar, Inc. Mr. Pertz serves as an Executive Director at Recall Corporation until 2016. He served as a Director of Nalco Finance Holdings LLC and Nalco Holdings LLC. Mr. Pertz serves as a Board Member of Modular Wind Energy and IMC Global. He has been a Director of The Brink's Company since June 09, 2016. Mr. Pertz served as an Executive Director of Clipper Windpower Holdings Limited since September 24, 2008 and served as its Non-Executive Director. He served as an Executive Director of Recall Holdings Limited until May 2, 2016. Mr. Pertz served as a Director of Nalco Holding Company from November 16, 2004 to December 1, 2011. He served as a Director of Resolute FP US Inc. (alternate names, Resolute Forest Products Inc. and Bowater Incorporated). Mr. Pertz served as a Director of Mosaic Global Holdings Inc. He served as a Director of The Mosaic Company from 2004 to October 5, 2005. Mr. Pertz served as a Director of Culligan International Company from January 1995 to 1998. He served as a Director of Culligan International, Inc. Mr. Pertz served as a Director of Compass Minerals International Inc. from December 2003 to May 6, 2005. He served as a Director of AbiBow US Inc. Mr. Pertz served as a Director of Compass Minerals Group, Inc. from November 2001 to May 6, 2005. He served as Director of Danaher's subsidiary, NMTC, Inc. In 2004, Mr. Pertz engineered the merger of privately-held Cargill's crop nutrient business with IMC to form Mosaic Co. Mr. Pertz holds a B.S. in Mechanical Engineering from Purdue University. Mr. Pertz has led several global companies as Chief Executive Officer over the past 20 years and throughout his career has guided multinational organizations through both operational turnaround and growth acceleration. Mr. Pertz’s leadership positions have honed his operational expertise in branch and route-based logistics, business-to-business services, channel and brand marketing and growth through acquisition.

CEO Compensation
  • Doug's compensation has increased whilst company is loss making.
  • Doug's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Brink's management team in years:

2.8
Average Tenure
56
Average Age
  • The tenure for the Brink's management team is about average.
Management Team

Doug Pertz

TITLE
President
COMPENSATION
$10M
AGE
64
TENURE
2.8 yrs

Ron Domanico

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
59
TENURE
2.8 yrs

Michael Beech

TITLE
Executive Vice President
COMPENSATION
$2M
AGE
56
TENURE
4.3 yrs

Amit Zukerman

TITLE
Executive Vice President
COMPENSATION
$3M
AGE
46
TENURE
4.3 yrs

McAlister Marshall

TITLE
Executive Officer
COMPENSATION
$2M
AGE
48
TENURE
0.3 yrs

Ray Shemanski

TITLE
President of US Operations
TENURE
1.5 yrs

Tom Colan

TITLE
Controller & Principal Accounting Officer
AGE
63

Rohan Pal

TITLE
Senior VP
AGE
52
TENURE
2.8 yrs

Edward Cunningham

TITLE
Vice President of Investor Relations & Corporate Communications
AGE
61
TENURE
13.3 yrs

Dana O’Brien

TITLE
Senior VP & General Counsel
AGE
50
Board of Directors Tenure

Average tenure and age of the Brink's board of directors in years:

3.3
Average Tenure
54
Average Age
  • The tenure for the Brink's board of directors is about average.
Board of Directors

Michael Herling

TITLE
Non-Executive Chairman & Lead Independent Director
COMPENSATION
$382K
AGE
61
TENURE
2.9 yrs

Doug Pertz

TITLE
President
COMPENSATION
$10M
AGE
64
TENURE
2.8 yrs

Paul Boynton

TITLE
Independent Director
COMPENSATION
$208K
AGE
53
TENURE
9.2 yrs

Reggie Hedgebeth

TITLE
Independent Director
COMPENSATION
$243K
AGE
50
TENURE
7.8 yrs

Susan Docherty

TITLE
Independent Director
COMPENSATION
$223K
AGE
55
TENURE
5.3 yrs

George Stoeckert

TITLE
Independent Director
COMPENSATION
$247K
AGE
70
TENURE
3.3 yrs

Ian Clough

TITLE
Independent Director
COMPENSATION
$234K
AGE
51
TENURE
3.3 yrs

Dan Henry

TITLE
Independent Director
COMPENSATION
$279K
AGE
52
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • Brink's insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
11. Mar 19 Buy Douglas Pertz Individual 08. Mar 19 11. Mar 19 10,000 €65.18 €649,324
11. Mar 19 Buy Ronald Domanico Individual 08. Mar 19 08. Mar 19 3,000 €64.38 €193,151
07. Mar 19 Sell Rohan Pal Individual 05. Mar 19 05. Mar 19 -4,524 €67.67 €-306,126
15. Feb 19 Sell Susan Docherty Individual 13. Feb 19 14. Feb 19 -9,400 €68.81 €-645,148
12. Feb 19 Sell Amit Zukerman Individual 08. Feb 19 08. Feb 19 -10,000 €66.77 €-667,725
07. Sep 18 Buy Douglas Pertz Individual 06. Sep 18 06. Sep 18 2,000 €60.28 €120,564
07. Sep 18 Buy Ronald Domanico Individual 07. Sep 18 07. Sep 18 2,000 €59.98 €119,954
08. Aug 18 Sell Amit Zukerman Individual 06. Aug 18 06. Aug 18 -5,000 €68.63 €-343,170
04. Jun 18 Sell Thomas Colan Individual 01. Jun 18 01. Jun 18 -9,197 €67.69 €-622,519
04. Jun 18 Sell Rohan Pal Individual 01. Jun 18 01. Jun 18 -1,295 €67.43 €-87,322
X
Management checks
We assess Brink's's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Brink's has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, South America, and internationally. The company offers cash-in-transit services, including armored vehicle transportation of valuables; automated teller machine (ATM) services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance; and network infrastructure services. It also provides transportation services for valued commodities, such as diamonds, jewelry, precious metals, securities, currency, high-tech devices, electronics, and pharmaceuticals; and cash management services comprising money processing, deploying and servicing intelligent safes and safe control devices, and check imaging, as well as cashier balancing, counterfeit detection, account consolidation, and electronic reporting services. In addition, the company offers payment services that include bill payment processing, mobile phone top-up, and prepaid cards; and commercial security system services, which comprise security system design and installation services that include alarms, motion detectors, closed-circuit televisions, and digital video recorders, as well as access control systems comprising card and biometric readers, electronic locks, and turnstiles. Further, it provides monitoring services after systems have been installed; and security and guarding services to protect airports, offices, warehouses, stores, and public venues. The company serves banks and financial institutions, retailers, government agencies, mints, jewelers, and other commercial operations. The company was formerly known as The Pittston Company and changed its name to The Brink's Company in May 2003. The Brink's Company was founded in 1859 and is headquartered in Richmond, Virginia.

Details
Name: The Brink's Company
PTY
Exchange: DB
Founded: 1859
$3,534,930,474
49,705,023
Website: http://www.brinks.com
Address: The Brink's Company
1801 Bayberry Court,
PO Box 18100,
Richmond,
Virginia, 23226,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE BCO Common Shares New York Stock Exchange US USD 02. Jan 1968
DB PTY Common Shares Deutsche Boerse AG DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
60,900
Brink's employees.
Industry
Security and Alarm Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/22 20:48
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2019/04/15
Last earnings filing: 2019/02/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.