BCO

The Brink's Co

Industrial/Transportation


Presented:05/10/2018
Price:$75.10
Cap:$3.91B
Current Price:$111.69
Cap:$4.93B

Presented

Date05/10/2018
Price$75.10
Market Cap$3.91B
Ent Value$4.39B
P/E Ratio1251.67x
Book Value$6.72
Div Yield0.8%
Shares O/S52.00M
Ave Daily Vol430,659
Short Int3.09%

Current

Price$111.69
Market Cap$4.93B
The Brink's Co. provides secure logistics and cash management services. Its logistics and security solutions include cash-in-transit; ATM replenishment & maintenance; and cash management & payment services, such as vault outsourcing, money processing, intelligent safe services, and international transportation of valuables. The company was founded by Perry Brink and Fidelia Brink on May 5, 1859 and is headquartered in Richmond, VA.

Publicly traded companies mentioned herein: Brink’s Co/The (BCO), Loomis AB (LOOMB SS)

Highlights

The presenter is long shares of Brink’s (BCO), seeing improving operations under new management as well as balance sheet deployment/roll-up opportunity. He thinks earnings will improve from better North American margins and deals, with further acquisitions to come. He models $675m in 2019 EBITDA in a base case, with upside towards $725m with deal activity. On $675m in 2019 EBITDA, BCO shares stand to appreciate to $100, from $75 today.

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Idea Discussion

Commentor 1 - 2 weeks ago

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