Brady Corporation

Brady Corporation

BRCยทNYSE

$88.15

+0.34%
IndustrialsSecurity & Protection Services

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. This segment serves customers in various industries, such as industrial and electronic manufacturing, healthcare, chemical, oil, gas, automotive, aerospace, governments, mass transit, electrical contractors, education, leisure and entertainment, telecommunications, and others through distributors, direct sales, catalog marketing, and digital channels. The WPS segment provides workplace safety and compliance products, such as safety and compliance signs, tags, labels, and markings; informational signage and markings; asset tracking labels; first aid products; facility safety and personal protection equipment; and labor law and other compliance posters for various industries, including process, government, education, construction, and utilities, as well as manufacturers through catalog and digital channels. It also offers stock and custom identification products, as well as sells related resale products. Brady Corporation was incorporated in 1914 and is headquartered in Milwaukee, Wisconsin.

At a Glance

Live Snapshot
Market Cap$4.15B
EPS3.9600
P/E Ratio22.26
Earnings Date09/03/2026

Intrinsic Alpha Methodology

Thesis Lenses

Signal ยท Driver ยท Risk

Signal

High confidence

Valuation multiple is mid-range (P/E 22.3).

Valuation inputs: P/E 22.3, earnings yield +4.5%, momentum +0.3%.

If multiples stay elevated while momentum fades, downside repricing risk rises.

Driver

High confidence

Return profile is acceptable (ROE +15.9%, ROIC +13.3%).

Profitability stack: net margin +12.5%, ROE +15.9%, ROIC +13.3%.

Quality deterioration often appears in margins before it shows up in headline EPS.

Risk

High confidence

Downside profile looks controlled across current risk inputs.

Risk factors: liabilities/assets +31.3%, momentum +0.3%, net margin +12.5%.

Higher leverage with weak momentum and thin margins can amplify drawdown severity.

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Brady Corporation Market vs Earnings Trajectory

BRC ยท NYSE

Loading price and EPS data...

Brady Corporation

Brady Corporation Fair Value Envelope

BRC ยท NYSE

Our analysis suggests that BRC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $88.15, this represents a potential HIDDEN relative to our calculated worth for Brady Corporation.

Intrinsic Value
Current Price: $88.15
3Y+36.0%
5Y+86.0%
10Y+149.0%
3Y+16.0%
5Y+40.0%
10Y+35.0%
3Y+26.0%
5Y+68.0%
10Y+136.0%
3Y+53.0%
5Y+29.0%
10Y+30.0%
3Y+104.0%
5Y+35.0%
10Y+26.0%
3Y+27.0%
5Y+52.0%
10Y+66.0%
Brady Corporation

Brady Corporation Profit Bridge

BRC ยท NYSE
Revenue1.51B
Cost of Goods Sold (752.78M)
Gross Profit760.82M
Operating Expenses (524.18M)
Operating Income236.64M
Interest Expense (4.75M)
Other Income/Expense459.00K
Pretax Income237.10M
Income Tax (47.84M)
Net Income189.26M
Net Income
189.26M

Profitability Analysis

Gross Margin

50.3%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

15.6%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

12.5%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

20.2%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Room for improvement: Moderate profitability with opportunities to enhance margins through better cost management or pricing strategy.

50.27%
Gross Profit Margin
-2%
3Y+4.0%
5Y+3.0%
10Y+1.0%
15.63%
Operating Profit Margin
-14%
3Y+5.0%
5Y+22.0%
10Y+49.0%
12.50%
Net Profit Margin
-15%
3Y+9.0%
5Y+20.0%
10Y+75.0%
15.87%
Return on Equity
-14%
3Y-4.0%
5Y+22.0%
10Y+20.0%
10.91%
Return on Assets
-16%
3Y-1.0%
5Y+11.0%
10Y+42.0%
13.31%
Return on Invested Capital
-13%
3Y-1.0%
5Y+17.0%
10Y+36.0%
BRC

Brady Corporation Cash Conversion Engine

BRC ยท NYSE
Net Income189.26M
Depreciation & Amortization40.64M
Stock-Based Compensation11.88M
Change in Working Capital-50.42M
Others-2.54M
Capital Expenditures-27.58M
Free Cash Flow153.62M

Cash Flow Quality Analysis

FCF Conversion Rate

81.2%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

15.2%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-12.3%

Declining FCF warrants attention. Investigate whether due to temporary factors or fundamental deterioration.

Working Capital Impact

-$50.42M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

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Brady Corporation Funding & Solvency Profile

BRC ยท NYSE
Cash & Cash Equivalents175.49M
Net Receivables266.35M
Inventory220.25M
Other Current Assets16.83M
Total Current Assets679 M
Property, Plant & Equipment304.87M
Goodwill & Intangible Assets792.84M
Long-Term Investments0.00
Other Non-Current Assets0.00
Total Non-Current Assets305 M
Total Assets
1.80B

Financial Health Analysis

Current Ratio

2.01x

Excellent liquidity position. The company can easily cover its short-term obligations with substantial cushion.

Debt-to-Equity Ratio

0.37x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

341 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

38% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Strong financial foundation: Excellent liquidity combined with conservative leverage suggests the company is well-positioned to weather economic uncertainties and fund growth opportunities.

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Brady Corporation Street Expectations Map

BRC ยท NYSE

No Target Data

No analyst price targets available for brc.

brc

Brady Corporation Insider Positioning

BRC ยท NYSE

During the last 12 months, insiders have sold $6.62M worth of BRC shares, with no buying activity reported.

3 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

3-6 Months

Bought

0

0.00

Sold

13.4K

1.08M

Net Activity

-1.1M

-$1.08M

6-9 Months

Bought

0

0.00

Sold

70.6K

5.54M

Net Activity

-5.5M

-$5.54M

9-12 Months

Bought

0

0.00

Sold

0

0.00

Net Activity

+0

+$0

Top Buyers

No buying activity

Top Sellers

1
SR

Shaller Russell

Director, Officer: President & Ceo

38.4K sharesโ€ข2 transactions

$3.10M

2
BEP

Bruno Elizabeth P

Director

25.2K sharesโ€ข2 transactions

$1.88M

3
GA

Gorman Andrew

Officer: General Counsel&Corp Secretary

6.1K sharesโ€ข1 transactions

$485K

4
DTF

Debruine Thomas F

Officer: Chief Operating Officer

5.5K sharesโ€ข1 transactions

$449K

5
TA

Thornton Ann

Officer: Cfo And Treasurer

4.1K sharesโ€ข1 transactions

$334K

Insider Activity Analysis

Net Insider Sentiment

Bearish

Strong bearish signal with $6.62M net selling. Heavy insider selling may indicate concerns about valuation or near-term prospects.

Buy/Sell Ratio

0.00:1

Very poor ratio. Heavy selling with minimal buying suggests insiders may be concerned about valuation or outlook.

Insider Participation

High Selling

5 insider sellers vs. 0 buyers. Widespread selling across multiple insiders may signal concerns.

0.30%
Dividend Yield
6%
3Y-32.0%
5Y-26.0%
10Y-53.0%
ย 

brc Dividend History

BRC
10Y CAGR +2%
Latest $0.245
Annual $1.22
5 year growth trend
Last Period: +0%