Financials Brady Corporation

Equities

BRC

US1046741062

Business Support Supplies

Real-time Estimate Cboe BZX 08:54:58 20/06/2024 pm IST 5-day change 1st Jan Change
66.51 USD -0.06% Intraday chart for Brady Corporation +0.73% +12.81%

Valuation

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,733 2,389 2,847 2,403 2,551 3,160 - -
Enterprise Value (EV) 1 2,504 2,203 2,737 2,384 2,449 3,077 2,962 2,840
P/E ratio 21 x 21.8 x 22.1 x 16.5 x 14.7 x 16.8 x 15.5 x 14.2 x
Yield 1.64% 1.89% 1.61% 1.88% - 1.41% 1.43% 1.47%
Capitalization / Revenue 2.35 x 2.21 x 2.49 x 1.85 x 1.92 x 2.34 x 2.25 x 2.14 x
EV / Revenue 2.16 x 2.04 x 2.39 x 1.83 x 1.84 x 2.28 x 2.11 x 1.92 x
EV / EBITDA 13.4 x 13.6 x 14.2 x 10.5 x 9.51 x 11.2 x 10.1 x 8.61 x
EV / FCF 19.4 x 19.4 x 15.3 x 31.7 x 12.9 x 21.5 x 15.1 x 13.5 x
FCF Yield 5.17% 5.16% 6.52% 3.16% 7.76% 4.66% 6.63% 7.39%
Price to Book 3.24 x 2.81 x 2.96 x 2.71 x 2.53 x 3.07 x 2.74 x 2.45 x
Nbr of stocks (in thousands) 52,823 51,960 52,063 50,226 49,450 47,480 - -
Reference price 2 51.73 45.97 54.68 47.85 51.58 66.55 66.55 66.55
Announcement Date 06/09/19 16/09/20 02/09/21 01/09/22 05/09/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,161 1,081 1,145 1,302 1,332 1,350 1,404 1,478
EBITDA 1 186.2 161.5 193.3 227.2 257.6 275.2 292.7 330
EBIT 1 162.4 138 167.8 193 225.2 241.3 256 279.4
Operating Margin 13.99% 12.76% 14.66% 14.82% 16.91% 17.87% 18.24% 18.9%
Earnings before Tax (EBT) 1 164.6 140.9 171 192 225.7 243.7 260.6 285.8
Net income 1 131.3 112.4 129.7 150 174.9 191.8 201.9 222.1
Net margin 11.31% 10.39% 11.33% 11.52% 13.13% 14.21% 14.39% 15.02%
EPS 2 2.460 2.110 2.470 2.900 3.510 3.955 4.300 4.685
Free Cash Flow 1 129.4 113.7 178.5 75.31 189.9 143.4 196.4 209.9
FCF margin 11.15% 10.52% 15.59% 5.78% 14.26% 10.62% 13.99% 14.2%
FCF Conversion (EBITDA) 69.48% 70.42% 92.33% 33.15% 73.73% 52.11% 67.11% 63.6%
FCF Conversion (Net income) 98.57% 101.18% 137.65% 50.21% 108.62% 74.77% 97.26% 94.5%
Dividend per Share 2 0.8500 0.8700 0.8800 0.9000 - 0.9400 0.9500 0.9800
Announcement Date 06/09/19 16/09/20 02/09/21 01/09/22 05/09/23 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3 2025 Q4
Net sales 1 318.1 338.6 324 322.6 326.2 337.1 345.9 332 322.6 343.4 351.7 343.4 337.6 363.4 370.3
EBITDA 1 51.36 61.34 61.65 60.05 57.23 66.61 69.89 67.2 61.47 70.94 73.13 73.5 69.3 78.6 83
EBIT 1 42.87 52.89 52.92 51.39 48.78 59.2 62.04 59.73 53.93 63.54 64.05 62.46 58.68 67.69 70.69
Operating Margin 13.48% 15.62% 16.33% 15.93% 14.95% 17.56% 17.94% 17.99% 16.71% 18.5% 18.21% 18.19% 17.38% 18.63% 19.09%
Earnings before Tax (EBT) 1 42.04 51.25 53.99 50.34 48.51 63.03 63.82 59.4 55.82 64.41 65.8 63.46 59.85 69.16 72.19
Net income 1 33.82 40.05 41.06 39.44 37.99 48.05 49.38 47.24 43.63 50.89 50.92 49.52 46.7 53.64 55.93
Net margin 10.63% 11.83% 12.67% 12.23% 11.64% 14.25% 14.27% 14.23% 13.52% 14.82% 14.48% 14.42% 13.83% 14.76% 15.1%
EPS 2 0.6500 0.7800 0.8100 0.7900 0.7600 0.9600 1.000 0.9700 0.9000 1.050 1.065 1.035 0.9800 1.120 1.175
Dividend per Share 2 0.2250 0.2250 0.2250 0.2300 0.2300 0.2300 - 0.2350 - - 0.2400 0.2400 0.2400 0.2400 0.2400
Announcement Date 17/02/22 26/05/22 01/09/22 17/11/22 24/02/23 18/05/23 05/09/23 16/11/23 22/02/24 22/05/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 229 186 109 19.1 102 82.8 198 319
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 129 114 178 75.3 190 143 196 210
ROE (net income / shareholders' equity) 16.4% 13.1% 14.2% 17.4% 18.4% 19.5% 19.1% 18.1%
ROA (Net income/ Total Assets) 11.9% 9.77% 10.3% 11.9% - - - -
Assets 1 1,107 1,150 1,260 1,265 - - - -
Book Value Per Share 2 16.00 16.40 18.50 17.60 20.40 21.70 24.30 27.10
Cash Flow per Share 2 3.040 2.650 3.410 2.290 4.190 5.750 4.950 -
Capex 1 32.8 27.3 27.2 43.1 19.2 75.8 45 45
Capex / Sales 2.83% 2.52% 2.38% 3.31% 1.44% 5.62% 3.21% 3.04%
Announcement Date 06/09/19 16/09/20 02/09/21 01/09/22 05/09/23 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
66.55 USD
Average target price
76 USD
Spread / Average Target
+14.20%
Consensus
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  3. BRC Stock
  4. Financials Brady Corporation