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BRC

BradyNYSE:BRC Stock Report

Market Cap

US$2.6b

7D

0.6%

1Y

14.6%

Updated

30 Nov, 2021

Data

Company Financials +
BRC fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends4/6

BRC Stock Overview

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally.

Brady Competitors

R. R. Donnelley & Sons

NYSE:RRD

US$745.1m

Ennis

NYSE:EBF

US$502.6m

Fidelity National Information Services

NYSE:FIS

US$64.2b

Zebra Technologies

NasdaqGS:ZBRA

US$32.4b

Price History & Performance

Summary of all time highs, changes and price drops for Brady
Historical stock prices
Current Share PriceUS$50.62
52 Week HighUS$61.76
52 Week LowUS$43.37
Beta0.81
1 Month Change-2.82%
3 Month Change-5.08%
1 Year Change14.58%
3 Year Change16.40%
5 Year Change40.61%
Change since IPO879.74%

Recent News & Updates

Nov 21
Brady (NYSE:BRC) Will Pay A Larger Dividend Than Last Year At US$0.23

Brady (NYSE:BRC) Will Pay A Larger Dividend Than Last Year At US$0.23

Brady Corporation ( NYSE:BRC ) has announced that it will be increasing its dividend on the 31st of January to US$0.23...

Nov 02
Should You Think About Buying Brady Corporation (NYSE:BRC) Now?

Should You Think About Buying Brady Corporation (NYSE:BRC) Now?

Brady Corporation ( NYSE:BRC ), is not the largest company out there, but it received a lot of attention from a...

Oct 17

Technology Acquisition And Margin Improvement Will Drive Brady Corporation

Proprietary products in the ID Solutions business and investment in digital marketing and web platform will warrant BRC’s growth. Access to technologies through acquisitions can benefit its operating margin. The company's ample liquidity and insignificant debt can help improve investors' sentiment in the medium-term. The stock is mildly undervalued compared to its peers.

Sep 30
Here's Why We Think Brady (NYSE:BRC) Is Well Worth Watching

Here's Why We Think Brady (NYSE:BRC) Is Well Worth Watching

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

BRCUS Commercial ServicesUS Market
7D0.6%-0.8%-0.9%
1Y14.6%24.1%23.3%

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

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

Price Volatility

Is BRC's price volatile compared to industry and market?
BRC volatility
BRC Average Weekly Movement3.2%
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: BRC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: BRC's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19145,700J. Naumanhttps://www.bradyid.com

Brady Corporation manufactures and supplies identification solutions (IDS) and workplace safety (WPS) products to identify and protect premises, products, and people in the United States and internationally. The IDS segment offers safety signs, floor-marking tapes, pipe markers, labeling systems, spill control products, and lockout/tagout devices for facility identification and protection; materials, printing systems, RFID and bar code scanners for product identification, brand protection labeling, work in process labeling, and finished product identification; and hand-held printers, wire markers, sleeves, and tags for wire identification, as well as software and services for safety compliance auditing, procedure writing, and training. Its products also comprise name tags, badges, lanyards, rigid card printing systems, and access control software for people identification; wristbands and labels for tracking and enhancing the safety of patients; and custom wristbands.

Brady Fundamentals Summary

How do Brady's earnings and revenue compare to its market cap?
BRC fundamental statistics
Market CapUS$2.62b
Earnings (TTM)US$130.41m
Revenue (TTM)US$1.19b

20.1x

P/E Ratio

2.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
BRC income statement (TTM)
RevenueUS$1.19b
Cost of RevenueUS$607.94m
Gross ProfitUS$581.01m
ExpensesUS$450.59m
EarningsUS$130.41m

Last Reported Earnings

Oct 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.52
Gross Margin48.87%
Net Profit Margin10.97%
Debt/Equity Ratio7.0%

How did BRC perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

35%

Payout Ratio

Does BRC pay a reliable dividends?

See BRC dividend history and benchmarks
When do you need to buy BRC by to receive an upcoming dividend?
Brady dividend dates
Ex Dividend DateJan 07 2022
Dividend Pay DateJan 31 2022
Days until Ex dividend37 days
Days until Dividend pay date61 days

Does BRC pay a reliable dividends?

See BRC dividend history and benchmarks

Valuation

Is Brady undervalued compared to its fair value and its price relative to the market?

46.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRC ($50.62) is trading below our estimate of fair value ($93.81)

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


Price To Earnings Ratio

PE vs Industry: BRC is good value based on its PE Ratio (20.1x) compared to the US Commercial Services industry average (28.2x).

PE vs Market: BRC is poor value based on its PE Ratio (20.1x) compared to the US market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: BRC is poor value based on its PEG Ratio (1.3x)


Price to Book Ratio

PB vs Industry: BRC is overvalued based on its PB Ratio (2.7x) compared to the US Commercial Services industry average (2.3x).


Future Growth

How is Brady forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

15.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BRC's forecast earnings growth (15% per year) is above the savings rate (2%).

Earnings vs Market: BRC's earnings (15% per year) are forecast to grow faster than the US market (14.3% per year).

High Growth Earnings: BRC's earnings are forecast to grow, but not significantly.

Revenue vs Market: BRC's revenue (4.4% per year) is forecast to grow slower than the US market (10.1% per year).

High Growth Revenue: BRC's revenue (4.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: BRC's Return on Equity is forecast to be low in 3 years time (15.4%).


Past Performance

How has Brady performed over the past 5 years?

8.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRC has high quality earnings.

Growing Profit Margin: BRC's current net profit margins (11%) are higher than last year (10%).


Past Earnings Growth Analysis

Earnings Trend: BRC's earnings have grown by 8.4% per year over the past 5 years.

Accelerating Growth: BRC's earnings growth over the past year (21.3%) exceeds its 5-year average (8.4% per year).

Earnings vs Industry: BRC earnings growth over the past year (21.3%) underperformed the Commercial Services industry 35.3%.


Return on Equity

High ROE: BRC's Return on Equity (13.6%) is considered low.


Financial Health

How is Brady's financial position?


Financial Position Analysis

Short Term Liabilities: BRC's short term assets ($505.1M) exceed its short term liabilities ($266.5M).

Long Term Liabilities: BRC's short term assets ($505.1M) exceed its long term liabilities ($180.1M).


Debt to Equity History and Analysis

Debt Level: BRC has more cash than its total debt.

Reducing Debt: BRC's debt to equity ratio has reduced from 35.1% to 7% over the past 5 years.

Debt Coverage: BRC's debt is well covered by operating cash flow (254.2%).

Interest Coverage: BRC earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Brady current dividend yield, its reliability and sustainability?

1.78%

Current Dividend Yield


Upcoming Dividend Payment

TodayNov 30 2021Ex Dividend DateJan 07 2022Dividend Pay DateJan 31 202224 days from Ex DividendBuy in the next 37 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: BRC's dividend (1.78%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: BRC's dividend (1.78%) is low compared to the top 25% of dividend payers in the US market (3.57%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.3%), BRC's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

J. Nauman (59 yo)

7.25yrs

Tenure

US$6,006,185

Compensation

Mr. J. Michael Nauman serves as Independent Director at Commercial Vehicle Group, Inc. since July 1, 2021. He has been the Chief Executive Officer and President of Brady Corp. since August 4, 2014. Mr. Nau...


CEO Compensation Analysis

Compensation vs Market: J.'s total compensation ($USD6.01M) is about average for companies of similar size in the US market ($USD5.21M).

Compensation vs Earnings: J.'s compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: BRC's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: BRC's board of directors are considered experienced (7.6 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

Brady Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Brady Corporation
  • Ticker: BRC
  • Exchange: NYSE
  • Founded: 1914
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: US$2.624b
  • Shares outstanding: 51.83m
  • Website: https://www.bradyid.com

Number of Employees


Location

  • Brady Corporation
  • 6555 West Good Hope Road
  • Milwaukee
  • Wisconsin
  • 53223
  • 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 00:11
End of Day Share Price2021/11/29 00:00
Earnings2021/10/31
Annual Earnings2021/07/31


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.