Brinks Co

Consumer Discretionary
Oil Refining/Marketing
www.brinks.com

Earnings Score
Moat Score
Safety Score

Market Cap $4.20B
PE 35
Debt $4.13B
Cash $1.64B
EV $6.69B
FCF $236.10M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$119.40M
EBIT	$465.00M
ROE	29%
ROA	7%
FCF	$236.10M
Equity	$408.10M
Growth Stability	-434%
PE	35.18
PEG	0.6
PB	10.29
P/FCF	17.79
P/S	0.84
Price/Cash	0.39
Debt/Equity	10.11
Debt/FCF	17.48
Net Margins	3%
Gross Margins	25%
Op. Margins	9%
Earnings CAGR	21%
Sales Growth YoY	3%
Sales Growth QoQ	0%
Sales CAGR	6%
FCF CAGR	24%
Equity CAGR	2%
Earnings Stability	0.3
Earnings Growth YoY	-37%
Earnings Growth QoQ	-37%
Earnings CAGR 5Y	59%

Sales CAGR 5Y	8%
FCF CAGR 5Y	18%
Equity CAGR 5Y	36%
Earnings CAGR 3Y	7%
Sales CAGR 3Y	7%
FCF CAGR 3Y	19%
Equity CAGR 3Y	18%
Market Cap	$4.20B
Revenue	$4.99B
Dividend Yield	1%
Payout Ratio	35%
Assets	$6.67B
Total Debt	$4.13B
Cash	$1.64B
Shares Outstanding	43.7M
EV	6.69B
Earnings Score	20%
Moat Score	83%
Safety Score	26%
Final Score	43%
Working Capital	1.03B
Current Ratio	1.57
Gross Profit	$1.26B
Shares Growth 3y	-3%
Equity Growth QoQ	-9%
Equity Growth YoY	-30%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

The Brink's Co is a Global provider of secure logistics and security solutions for cash and other valuables. In 2020, the company acquired the U.K.-based G4S that reorganized its operating segments to be North America, Latin America, Europe, and Rest of World. It generates maximum revenue from the North America segment, namely from its core business of cash-in-transit and ATM services. The Latin America and Europe segments trail North America in revenue earnings with the Brinks Global Services line of business that specializes in the secure transportation of high-valued commodities, such as jewelry, precious metals, banknotes, and electronics. Brink's customer base includes financial institutions, retails, government agencies, mints, and other commercial businesses.

SEC Filings

Direct access to Brinks Co (BCO) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Brinks Co compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Brinks Co compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 21%

Stability 30%

loading chart...

Brinks Co Discounted Cash Flow

Fully customizable DCF calculator online for Brinks Co.

Years

Calculation mode

= $13B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$236M	$293M	$363M	$450M	$558M	$691M	$857M	$1.1B	$1.3B	$1.6B	$2B	$20B
DCF		$266M	$300M	$338M	$381M	$429M	$484M	$545M	$614M	$692M	$780M	$7.8B
Value	$13B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Net Margins	-3%	-1%	1%	0%	-1%	1%	0%	3%	4%	2%	3%
ROA	-	3%	7%	9%	8%	6%	4%	6%	6%	7%	7%
ROE	-	-9%	10%	5%	-20%	14%	8%	42%	30%	17%	29%

Bad Net Margins (3.32%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	4.67	11.55	17.19	7.83	8.5	13.24	9.97	11.88	7.6	17.48
Debt over Equity	0.99	1.52	1.8	3.94	9.82	8.34	13.02	12.24	6.2	7.31	10.11
Growth Stability	-	-	-	-	-434%	100%	100%	100%	100%	90%	-434%

Bad Debt/FCF ratio (17.48)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Bad Debt/Equity ratio (10.11)

The company is overleveraged and has a bad balance between equity and debt.

Bad Graham’s Stability (-434%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2014	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	-14%	-1%	11%	4%	6%	0%	14%	8%	7%	8%
Earnings YoY growth	-	-75%	-222%	-52%	-299%	-187%	-45%	558%	62%	-49%	59%
Equity YoY growth	-	-30%	7%	-5%	-51%	25%	-2%	25%	126%	-9%	36%
FCF YoY growth	-	2K%	-49%	40%	169%	-2%	-2%	56%	-4%	68%	18%