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Brinks Company (BCO) Fair Value & Analysis

Industrials · US · Market cap $4.3B · ISIN US1096961040

What is Brinks Company really worth?

BC Brinks Company logo Brinks Company BCO · US
Price$106.35
Fair Value$121.18
Upside+13.9%
Quality62/100

A solid business, trading 12% below our fair value of $121.18.

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Strengths

Healthy Growth (revenue 5y +7.3 %/yr)

Risks

!Thin margins · 3.3% net margin
!High debt · generates free cash flow
!Mixed vs. peers (8/15)
!Moderate moat 53/100
!Weak on dividend: 19 out of 100

For context

·0.96% dividend yield
Evidence: High Range $69.01 – $176.92

Fair value as of: Aug 22, 2026

From 25 valuation models · updated 14 days ago

Share price −9.9% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A fairly wide model range ($69.01 to $176.92) leaves room in how you read the outcome.
  • The price sits in the lower half of our model range, the side with the larger margin of safety.
  • The data supports the verdict: every model runs on fully documented inputs.

Price vs Fair Value (5 years)

$135.25 $46.49 Fair Value $121.18 Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 22, 2026.

How to read this chart

60‑month range $46.49 – $135.25 · fair‑value band $69.01 – $176.92 · the $106.35 price screens below the $121.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 22, 2026.

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Analysis

Brinks Company (BCO) currently trades at $106.35, while our model-based Fair Value estimate is $121.18, implying the stock looks roughly 12.2% undervalued today. The Quality Score stands at 62/100 (solid quality), in the Industrials sector. Bull case: the DCF Models group reads highest at a median of $117.02 per share, and 10 of the 25 models we run sit above the $106.35 price. Bear case: the Dividend Discount group reads lowest at $13.31, and 15 of the 25 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Brinks Company generated revenue of $5.4B at a net margin of 3.3%. Revenue grew 10.3% year over year. It earns a return on equity of 53.0%. Net debt stands at $2.7B. Fundamentals as of Aug 22, 2026

Our scenario range runs from $69.01 (bear case) to $176.92 (bull case); at $106.35, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 22% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at −7% fair-value upside, at 14%, BCO screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly $2.22 per share, which is 1.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF $70.76 $117.02 $180.73 79
Growth DCF $73.39 $115.83 $171.62 78
Owner Earnings $33.81 $64.27 $106.23 74
All 25 models by family
DCF Models
FCF DCF $70.76 $117.02 $180.73 79
Owner Earnings $33.81 $64.27 $106.23 74
5Y Revenue Exit $79.41 $143.24 $222.24 71
5Y EBITDA Exit $117.12 $210.69 $315.99 74
5Y P/E Exit $44.93 $81.56 $117.82 70
10Y Revenue Exit $71.44 $127.03 $196.59 65
10Y EBITDA Exit $98.13 $171.73 $263.71 67
10Y P/E Exit $53.91 $86.15 $121.82 63
Earnings-Based
Graham-Dodd $32.98 $80.32 $103.87 65
PEG = 1.0 $14.32 $20.46 $26.60 57
EPV $60.81 $76.32 $89.71 74
Dividend Discount
Gordon GGM $9.02 $15.79 $24.00 67
DDM Multi-Stage $9.02 $13.31 $17.80 67
Multiples
P/E Multiple $76.38 $101.84 $127.29 63
P/S Multiple $61.83 $82.44 $103.05 58
P/B Multiple $22.76 $30.35 $37.93 55
EV/EBIT $144.73 $205.47 $266.20 65
EV/EBITDA $170.71 $240.10 $309.50 67
EV/Revenue $92.57 $148.30 $204.04 53
Asset-Based
NCAV (Graham) $3.37 $4.52 $6.74 54
Growth DCF
Growth DCF $73.39 $115.83 $171.62 78
Rev-Margin DCF $79.41 $144.11 $213.92 71
Economic Profit
Residual Income $39.96 $75.87 $2,231 64
ROIC Compounder $65.03 $86.92 $110.00 72
Growth Earnings
Growth-Adj P/E $58.41 $83.44 $108.47 67

Widest divergence: DCF Models ($117.02) versus Asset-Based ($4.52). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 24.8
P/S ratio 0.94 P/E × margin
EPS (TTM) $4.28 price ÷ EPS = P/E 24.8
Dividend yield 1.0% payout 23.8%
Net margin 3.8% FY2025
Return on equity 53.0% TTM
More key figures
Profitability
Return on assets (EBIT) 6.7% avg 5y
Operating margin 7.5% TTM
Growth
Revenue (TTM) $5.4B TTM
Revenue growth (YoY) +10.3% 3y avg +5.1%
EPS growth (YoY) −34.7%
Balance sheet & cash flow
Free cash flow $436M FY2025
Net debt $2.7B FY2025 · ≈ 6.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 22, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 58 · Market factors (momentum, volatility) 43

Profitability 48
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 100
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

The Brink's Company provides cash and valuables management, digital retail solutions (DRS), and automated teller machines (ATM) managed services in North America, Latin America, Europe, and internationally.

Full company description

The Brink's Company provides cash and valuables management, digital retail solutions (DRS), and automated teller machines (ATM) managed services in North America, Latin America, Europe, and internationally. The company offers cash-in-transit services, such as armored vehicle transportation of cash and coin; cash replenishment and treasury management of automated teller machines; international transportation, pick-up, packaging, customs clearance, secure vault storage, and inventory management of high-value commodities and goods; and counting, sorting, wrapping, check imaging, cashier balancing, counterfeit detection, account consolidation, and electronic reporting cash management services. It also provides vaulting services, including CIT services, cash management, vaulting, and electronic reporting technologies for banks; guarding, commercial security, and payment services; devices, software, analytics, and services for cash management needs, as well as services under the Complete and CompuSafe brands; and ATM management comprising cash forecasting, cash optimization, ATM remote monitoring, service call dispatching, transaction processing, first and second line maintenance, parts provisioning, funds settlements, and installation services. 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

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Brinks Company reported revenue of $5.3B in FY2025 versus $4.2B in FY2021, a compound +5.8%/yr. Reported net income was $200M in FY2025, compounding +17.4%/yr from FY2021.

Growth Quality 79/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
$5.3B
Latest YoY
+5.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+5.1%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.3%
Avg. revenue growth/yr (31Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+2.2%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years, adjusted) plus dividend yield: value created per share and year.
+49.5% (48.5 + 1.0)
Revenue +5.8%/yr
FY21 $4.2B
FY22 $4.5B
FY23 $4.9B
FY24 $5.0B
FY25 $5.3B
Net income +17.4%/yr
FY21 $105M
FY22 $171M
FY23 $87.7M
FY24 $163M
FY25 $200M

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Cite: Fair Value Calculator (2026). "Brinks Company Fair Value". https://www.fairvalue-calculator.com/stock/BCO

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Security & Protection Services · 108 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Above median
Fair Value upside +14% · Above median
Return on equity (TTM) 53% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 10% · Above median
Dividend yield (TTM) 1.0% · Bottom 25%
Debt / equity 13.72× · Higher than 75% of peers

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/E (TTM) 24.8× · Pricier than median
P/B 15.46× · Pricier than 75% of peers
P/S (TTM) 0.80× · Cheaper than median
P/FCF 9.8× · Pricier than median
EV/EBITDA 6.7× · Cheaper than 75% of peers
PEG 1.16× · Pricier than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE52 · sector 30
FUTURE52 · sector 39
PAST100 · sector 22
HEALTH0 · sector 99
DIVIDEND19 · sector 52

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

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Frequently asked questions

Is Brinks Company (BCO) overvalued or undervalued?
As of Aug 22, 2026, our model estimates a fair value of $121.18 versus a price of $106.35, about +14% upside (undervalued).
What is the fair value of BCO?
Our model-based fair value for Brinks Company is $121.18 (as of Aug 22, 2026), built from audited fundamentals. The current price: $106.35.
What is the quality score of BCO?
Brinks Company has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Brinks Company (BCO)?
Brinks Company reported trailing-twelve-month revenue of about $5.4B (latest available figure, as of Aug 22, 2026).
What is the net profit margin of BCO?
The net profit margin of Brinks Company is about 3.3%, meaning it keeps roughly 3.3% of revenue as net income. Based on the latest reported figures.
Does Brinks Company pay a dividend?
Brinks Company currently shows a dividend yield of about 0.96% relative to its recent price (as of Aug 22, 2026).
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