Brady Corporation
Rank #94HypergrowthBRC · NYSE · Industrials
Brady Corporation (BRC) — Rank #94 by gross profitability (GP/assets 0.46) · ROE 15.1% · Piotroski F-Score N/A.
As-of 2026-09-15 · CIK 0000746598 · all metrics point-in-time as of the filing date.
About
Brady Corporation manufactures and supplies identification solutions and workplace safety products that identify and protect premises, products, and people in the Americas, Asia, Europe, and Australia.
Show moreShow less
The company offers safety signs, traffic signs and control products, floor-marking tapes, pipe markers, labeling systems, spill control products, lockout/tagout devices, personal protection equipment, first aid products, and software and services for safety compliance auditing, procedures writing, and training; materials, radio frequency identification and barcode scanners for product identification, direct part marking, engraving equipment, brand protection labeling, work in process labeling, finished product identification, asset tracking labels, asset tags, and industrial track and trace applications; and handheld printers, wire markers, sleeves, and tags. It also provides wristbands, labels, printing systems, and other products used in hospital, laboratory, and other healthcare settings for tracking and improving the safety of patients; and badges, lanyards, rigid card printing systems, and access control software. The company serves industrial manufacturing, electronic manufacturing, healthcare, chemical, oil, gas, alternative energy, automotive, aerospace, governments, mass transit, mechanical contractors, construction, utilities, education, leisure and entertainment, retail and telecommunications, and others. The Company markets and sells its products through multiple channels, including distributors, a direct sales force, and digital channels.
Brady Corporation was incorporated in 1914 and is based in Milwaukee, Wisconsin.
- Industry
- Security & Protection Services
- Sector
- Industrials
- State
- WI
- Filer Category
- Large accelerated filer
- Fiscal Year End
- July 31
- Website
- bradyid.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$3.99B
P/E (annual)
—
P/S (annual)
2.4
P/B
2.9
P/OCF (annual)
16.3
Shareholder Yield
11.5%
Employees
6,325
Industry
Security & Protection Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
2/3 passGrowth
2/2 passTerry Smith quality gate
Passes 3/5 Terry Smith thresholdsWhat Growth Is Priced In
Implied revenue growth (10Y)
8.4%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -10.3% — per-share value needs a total required return of -1.9% once share-count change is priced in.
vs. own 6-year median revenue growth: -1.1%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
4.1%
r = 10% (base)
8.4%
r = 12%
12.2%
Net debt / market cap: -4.2%
Note: current FCF margin is 1.8σ above its historical mean — implied growth may understate valuation risk if the margin reverts.
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.46
Primary signal (Novy-Marx).
2nd of 7 SIC 39 peers
Return on equity
15.1%
Gross margin
51.7%
2nd of 7 SIC 39 peers
Revenue growth (YoY)
53.7%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
—
Revenue CAGR (5Y)
7.7%
Earnings CAGR (3Y)
5.5%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.36
2nd of 6 SIC 39 peers (best = lowest)
Current ratio
1.94×
7th of 7 SIC 39 peers
Quick ratio
1.26×
Net cash
$172.16M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$192.65M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
-0.06
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
1.4%
Stock-based comp intensity.
Dividend safety
Composite score
3.8 / 5
Piotroski F-Score
F-Score
N/A
Only 8/9 components determinable.