Brink's
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 54 days ago. More info.
Add to Portfolio Compare Print
BCO Share Price and Events
7 Day Returns
1 Year Returns
BCO Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Brink's (BCO) | 1.2% | 5.6% | 10.6% | 6.3% | 132.5% | 219% |
| US Commercial Services | 1.9% | 4.6% | 9.3% | 12% | 55% | 80.8% |
| US Market | -0.3% | 2% | 8.5% | 7% | 37.7% | 46.8% |
1 Year Return vs Industry and Market
- BCO underperformed the Commercial Services industry which returned 12% over the past year.
BCO 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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Brink's.
| 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 | 8.5% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| 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)
= 2.73% + (0.974 * 5.96%) |
8.53% |
Discounted Cash Flow Calculation for NYSE:BCO 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.
| Levered FCF (USD, Millions) | Source |
Present Value Discounted (@ 8.53%) |
|
|---|---|---|---|
| 2019 | 234.03 | Analyst x3 | 215.63 |
| 2020 | 290.93 | Analyst x3 | 246.98 |
| 2021 | 343.00 | Analyst x1 | 268.28 |
| 2022 | 349.30 | Analyst x1 | 251.72 |
| 2023 | 358.50 | Analyst x1 | 238.04 |
| 2024 | 367.96 | Est @ 2.64% | 225.11 |
| 2025 | 377.78 | Est @ 2.67% | 212.94 |
| 2026 | 387.92 | Est @ 2.69% | 201.46 |
| 2027 | 398.39 | Est @ 2.7% | 190.63 |
| 2028 | 409.18 | Est @ 2.71% | 180.40 |
| Present value of next 10 years cash flows | $2,231.17 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= $409.18 × (1 + 2.73%) ÷ (8.53% – 2.73%) |
$7,241.37 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= $7,241.37 ÷ (1 + 8.53%)10 |
$3,192.46 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= $2,231.17 + $3,192.46 |
$5,423.63 |
| Equity Value per Share (USD) |
= Total value / Shares Outstanding
= $5,423.63 / 49.71 |
$109.12 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $109.12 |
| Current discount | Discount to share price of
$80.07
= -1 x ($80.07 - $109.12) / $109.12 |
26.6% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- 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?
| 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 |
| United States of America Commercial Services Industry PE Ratio | Median Figure of 51 Publicly-Listed Commercial Services Companies | 21.52x |
| United States of America Market PE Ratio | Median Figure of 3,081 Publicly-Listed Companies | 18.18x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Brink's.
| 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 US Commercial Services industry average.
- Brink's is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does
Brink's's expected growth come at a high price?
| 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 |
| United States of America Commercial Services Industry PEG Ratio | Median Figure of 34 Publicly-Listed Commercial Services Companies | 1.67x |
| United States of America Market PEG Ratio | Median Figure of 2,109 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?
| 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 |
| United States of America Commercial Services Industry PB Ratio | Median Figure of 87 Publicly-Listed Commercial Services Companies | 2.1x |
| United States of America Market PB Ratio | Median Figure of 5,184 Publicly-Listed Companies | 1.91x |
| 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 US Commercial Services industry average.
Value checks
We assess Brink's's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check) 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.
BCO 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!
Earnings growth vs Low Risk Savings
- Brink's's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- Brink's's earnings growth is expected to exceed the United States of America market average.
- Brink's's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NYSE:BCO Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts | 33.3% |
| NYSE:BCO Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts | 4.9% |
| United States of America Commercial Services Industry Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Commercial Services Industry Revenue Growth Rate | Market Cap Weighted Average | 5.2% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 13.4% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7% |
*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
| 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 |
| 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 |
| 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.
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.
| 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 |
| 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.
Future performance checks
We assess Brink's's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Brink's has a total score of 4/6, 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.
BCO 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
Past Earnings growth analysis
- 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 US Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
All data from Brink's Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| 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 US 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.
Past performance checks
We assess Brink's's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
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.
BCO 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.
- 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
Assets
Liabilities and shares
- 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.
All data from Brink's Company Filings, last reported 3 months ago.
| 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.
Financial health checks
We assess Brink's's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Brink's has a total score of 2/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
BCO 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
If you bought
$2,000 of
Brink's
shares you are expected to receive
$15
in your first year as a dividend.
Dividend Amount
- Brink's's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.39%).
- Brink's's dividend is below the markets top 25% of dividend payers in United States of America (3.62%).
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.
| 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 |
| United States of America Commercial Services Industry Average Dividend Yield | Market Cap Weighted Average of 42 Stocks | 1.7% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.4% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.4% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.6% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| 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 |
| 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 |
| 2009-04-22 | 0.400 | 1.406 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Brink's is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
- Brink's is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Income/ dividend checks
We assess Brink's's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- 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) 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.
BCO Management
CEO
| 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 United States of America.
Management Team Tenure
Average tenure and age of the Brink's management team in years:
- The tenure for the Brink's management team is about average.
Management Team
Doug Pertz
President
$10M
64
2.8 yrs
Ron Domanico
Executive VP & CFO
$3M
59
2.8 yrs
Michael Beech
Executive Vice President
$2M
56
4.3 yrs
Amit Zukerman
Executive Vice President
$3M
46
4.3 yrs
McAlister Marshall
Executive Officer
$2M
48
0.3 yrs
Ray Shemanski
President of US Operations
1.5 yrs
Tom Colan
Controller & Principal Accounting Officer
63
Rohan Pal
Senior VP
52
2.8 yrs
Edward Cunningham
Vice President of Investor Relations & Corporate Communications
61
13.3 yrs
Dana O’Brien
Senior VP & General Counsel
50
Board of Directors Tenure
Average tenure and age of the Brink's board of directors in years:
- The tenure for the Brink's board of directors is about average.
Board of Directors
Michael Herling
Non-Executive Chairman & Lead Independent Director
$382K
61
2.9 yrs
Doug Pertz
President
$10M
64
2.8 yrs
Paul Boynton
Independent Director
$208K
53
9.2 yrs
Reggie Hedgebeth
Independent Director
$243K
50
7.8 yrs
Susan Docherty
Independent Director
$223K
55
5.3 yrs
George Stoeckert
Independent Director
$247K
70
3.3 yrs
Ian Clough
Independent Director
$234K
51
3.3 yrs
Dan Henry
Independent Director
$279K
52
1.5 yrs
Who owns this company?
Recent Insider Trading
- Brink's insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 11. Mar 19 | Buy | Douglas Pertz | Individual | 08. Mar 19 | 11. Mar 19 | 10,000 | $73.20 | $729,250 | ||
| 11. Mar 19 | Buy | Ronald Domanico | Individual | 08. Mar 19 | 08. Mar 19 | 3,000 | $72.39 | $217,170 | ||
| 07. Mar 19 | Sell | Rohan Pal | Individual | 05. Mar 19 | 05. Mar 19 | -4,524 | $76.46 | $-345,905 | ||
| 15. Feb 19 | Sell | Susan Docherty | Individual | 13. Feb 19 | 14. Feb 19 | -9,400 | $77.58 | $-727,419 | ||
| 12. Feb 19 | Sell | Amit Zukerman | Individual | 08. Feb 19 | 08. Feb 19 | -10,000 | $75.62 | $-756,200 | ||
| 07. Sep 18 | Buy | Douglas Pertz | Individual | 06. Sep 18 | 06. Sep 18 | 2,000 | $70.03 | $140,060 | ||
| 07. Sep 18 | Buy | Ronald Domanico | Individual | 07. Sep 18 | 07. Sep 18 | 2,000 | $69.45 | $138,900 | ||
| 08. Aug 18 | Sell | Amit Zukerman | Individual | 06. Aug 18 | 06. Aug 18 | -5,000 | $79.41 | $-397,050 | ||
| 04. Jun 18 | Sell | Thomas Colan | Individual | 01. Jun 18 | 01. Jun 18 | -9,197 | $79.00 | $-726,563 | ||
| 04. Jun 18 | Sell | Rohan Pal | Individual | 01. Jun 18 | 01. Jun 18 | -1,295 | $78.70 | $-101,917 | ||
Management checks
We assess Brink's's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) 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.
BCO News
Simply Wall St News
Is Brink's's (NYSE:BCO) Share Price Gain Of 206% Well Earned?
One great example is The Brink's Company (NYSE:BCO) which saw its share price drive 206% higher over five years. … It's also good to see the share price up 12% over the last quarter. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.
Simply Wall St - – Full articleShould You Investigate The Brink's Company (NYSE:BCO) At US$77.66?
As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock? … However, could the stock still be trading at a relatively cheap price … Let’s take a look at Brink's’s outlook and value based on the most recent financial data to see if the opportunity still exists.
Simply Wall St - – Full articleThe Brink's Company’s (NYSE:BCO) Investment Returns Are Lagging Its Industry
Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.
Simply Wall St - – Full articleThe Brink's Company (NYSE:BCO) Insiders Increased Their Holdings
So we'll take a look at whether insiders have been buying or selling shares in The Brink's Company (NYSE:BCO). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … We generally consider it a positive if insiders have been buying on market, even above the current price.
Simply Wall St - – Full articleHow Much is The Brink's Company's (NYSE:BCO) CEO Getting Paid?
This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Doug Pertz's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that The Brink's Company has a market cap of US$3.6b, and is paying total annual CEO compensation of US$7.8m.
Simply Wall St - – Full articleIs There An Opportunity With The Brink's Company's (NYSE:BCO) 32.2% Undervaluation?
Today I will be providing a simple run through of a valuation method used to estimate the attractiveness of The Brink's Company (NYSE:BCO) as an investment opportunity. … by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF).
Simply Wall St - – Full articleDoes The Brink's Company (NYSE:BCO)'s Capital Return Make The Cut?
This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … Thus, to understand how your money can grow by investing in Brink's, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE) … Brink's's Return On Capital Employed
Simply Wall St - – Full articleShould You Worry About The Brink's Company's (NYSE:BCO) CEO Pay Check?
Leading The Brink's Company (NYSE:BCO) as the CEO, Doug Pertz took the company to a valuation of US$4.03b. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability
Simply Wall St - – Full articleWhat You Must Know About The Brink's Company's (NYSE:BCO) 2.35% ROE
The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to better understand how you can grow your money by investing in The Brink's Company (NYSE:BCO). … The Brink's Company’s (NYSE:BCO) most recent return on equity was a substandard 2.35% relative to its industry performance of 12.81% over the past year.
Simply Wall St - – Full articleEstimating The Intrinsic Value Of The Brink's Company (NYSE:BCO)
by taking the expected future cash flows and discounting them to their present value. … Discounted Cash Flows (DCF). … Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model
Simply Wall St - – Full articleBCO 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 |
| BCO | |
| Exchange: | NYSE |
| Founded: | 1859 |
| $3,979,881,191 | |
| 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
Industry
| Security and Alarm Services | |
| Commercial Services |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/21 23:40 |
| 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.
