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BCO

Brink'sNYSE:BCO Stock Report

Market Cap

US$3.1b

7D

-5.2%

1Y

-7.3%

Updated

30 Nov, 2021

Data

Company Financials +
BCO fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance3/6
Financial Health2/6
Dividends4/6

BCO Stock Overview

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally.

Brink's Competitors

Blue Line Protection Group

OTCPK:BLPG

US$4.2m

ASSA ABLOY

OM:ASSA B

kr287.7b

SECOM

TSE:9735

JP¥1.7t

Securitas

OM:SECU B

kr48.5b

Price History & Performance

Summary of all time highs, changes and price drops for Brink's
Historical stock prices
Current Share PriceUS$62.18
52 Week HighUS$84.72
52 Week LowUS$58.48
Beta1.62
1 Month Change-9.73%
3 Month Change-20.45%
1 Year Change-7.33%
3 Year Change-12.32%
5 Year Change59.23%
Change since IPO187.54%

Recent News & Updates

Nov 27
Is Brink's (NYSE:BCO) Using Too Much Debt?

Is Brink's (NYSE:BCO) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Oct 27
At US$59.02, Is The Brink's Company (NYSE:BCO) Worth Looking At Closely?

At US$59.02, Is The Brink's Company (NYSE:BCO) Worth Looking At Closely?

The Brink's Company ( NYSE:BCO ), is not the largest company out there, but it saw significant share price movement...

Sep 21
Does Brink's (NYSE:BCO) Deserve A Spot On Your Watchlist?

Does Brink's (NYSE:BCO) Deserve A Spot On Your Watchlist?

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Shareholder Returns

BCOUS Commercial ServicesUS Market
7D-5.2%-0.8%-0.9%
1Y-7.3%24.1%23.3%

Return vs Industry: BCO underperformed the US Commercial Services industry which returned 24.1% over the past year.

Return vs Market: BCO underperformed the US Market which returned 23.3% over the past year.

Price Volatility

Is BCO's price volatile compared to industry and market?
BCO volatility
BCO Average Weekly Movement5.4%
Commercial Services Industry Average Movement5.6%
Market Average Movement6.0%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market2.3%

Stable Share Price: BCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BCO's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
185975,100Doug Pertzhttps://www.brinks.com

The Brink's Company provides secure transportation, cash management, and other security-related services in North America, Latin America, Europe, and internationally. The company offers armored vehicle transportation of valuables; automated teller machine (ATM) management services, such as cash replenishment, replenishment forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, installation, and first and second line maintenance services; network infrastructure; and cash-in-transit services. It also provides transportation services for diamonds, jewelry, precious metals, securities, bank notes, currency, high-tech devices, electronics, and pharmaceuticals; vault outsourcing and money processing services; and services related to deploying and servicing intelligent safes and safe control devices, as well as cashier balancing, counterfeit detection, account consolidation, electronic reporting, check imaging, and reconciliation services.

Brink's Fundamentals Summary

How do Brink's's earnings and revenue compare to its market cap?
BCO fundamental statistics
Market CapUS$3.06b
Earnings (TTM)US$80.80m
Revenue (TTM)US$4.12b

37.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BCO income statement (TTM)
RevenueUS$4.12b
Cost of RevenueUS$3.17b
Gross ProfitUS$950.90m
ExpensesUS$870.10m
EarningsUS$80.80m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)1.64
Gross Margin23.06%
Net Profit Margin1.96%
Debt/Equity Ratio1,083.9%

How did BCO perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

43%

Payout Ratio

Valuation

Is Brink's undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BCO ($62.18) is trading below our estimate of fair value ($166.89)

Significantly Below Fair Value: BCO is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: BCO is poor value based on its PE Ratio (37.8x) compared to the US Commercial Services industry average (28.2x).

PE vs Market: BCO is poor value based on its PE Ratio (37.8x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: BCO is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: BCO is overvalued based on its PB Ratio (25.2x) compared to the US Commercial Services industry average (2.3x).


Future Growth

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

48.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BCO's forecast earnings growth (48% per year) is above the savings rate (2%).

Earnings vs Market: BCO's earnings (48% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: BCO's revenue (6.3% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: BCO's revenue (6.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if BCO's Return on Equity is forecast to be high in 3 years time


Past Performance

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

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BCO has high quality earnings.

Growing Profit Margin: BCO became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: BCO's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: BCO has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BCO has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (35.3%).


Return on Equity

High ROE: Whilst BCO's Return on Equity (36.83%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Brink's's financial position?


Financial Position Analysis

Short Term Liabilities: BCO's short term assets ($2.0B) exceed its short term liabilities ($1.4B).

Long Term Liabilities: BCO's short term assets ($2.0B) do not cover its long term liabilities ($3.9B).


Debt to Equity History and Analysis

Debt Level: BCO's net debt to equity ratio (802.4%) is considered high.

Reducing Debt: BCO's debt to equity ratio has increased from 125.7% to 1083.9% over the past 5 years.

Debt Coverage: BCO's debt is not well covered by operating cash flow (18.7%).

Interest Coverage: BCO's interest payments on its debt are well covered by EBIT (3x coverage).


Balance Sheet


Dividend

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

1.29%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BCO's dividend (1.29%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: BCO's dividend (1.29%) is low compared to the top 25% of dividend payers in the US market (3.57%).


Stability and Growth of Payments

Stable Dividend: BCO's dividends per share have been stable in the past 10 years.

Growing Dividend: BCO's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (43.2%), BCO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BCO's dividends in 3 years are forecast to be thoroughly covered by earnings (8.7% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.1yrs

Average management tenure


CEO

Doug Pertz (67 yo)

5.42yrs

Tenure

US$13,901,789

Compensation

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. Mr. Pertz serves as the President of Mosaic USA Holdings, Inc. Mr....


CEO Compensation Analysis

Compensation vs Market: Doug's total compensation ($USD13.90M) is above average for companies of similar size in the US market ($USD5.21M).

Compensation vs Earnings: Doug's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: BCO's management team is considered experienced (4.1 years average tenure).


Board Members

Experienced Board: BCO's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

The Brink's Company's employee growth, exchange listings and data sources


Key Information

  • Name: The Brink's Company
  • Ticker: BCO
  • Exchange: NYSE
  • Founded: 1859
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: US$3.056b
  • Shares outstanding: 49.15m
  • Website: https://www.brinks.com

Number of Employees


Location

  • The Brink's Company
  • 1801 Bayberry Court
  • PO Box 18100
  • Richmond
  • Virginia
  • 23226-8100
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 00:15
End of Day Share Price2021/11/29 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.