Brink's Co vs NAPCO Security Technologies Inc

Brink's Co (BCO) is undervalued and NAPCO Security Technologies Inc (NSSC) is overvalued.

Against our estimates of intrinsic value, BCO trades at the wider discount: a margin of safety of +22%, against -53% for NSSC.

Values as of the 22 Sept 2026 close.

Brink's Co (BCO)

Discounting its cash flows at 7.5% (average of 3 methods) values the shares at $137.63; the price of $107.12 is 22% below that value, and 81% of that value comes from beyond year five.

Leak Score 41/100 on 3 of 12 signals

NAPCO Security Technologies Inc (NSSC)

Discounting its cash flows at 11.7% (average of 3 methods) values the shares at $23.41; the price of $35.88 is 53% above that value, and 68% of that value comes from beyond year five.

Leak Score 76/100 on 9 of 12 signals

MetricBCONSSC
VerdictUndervaluedOvervalued
Price$107.12$35.88
Intrinsic value$137.63$23.41
Margin of safety+22%-53%
Leak Score41/100 (3/12)76/100 (9/12)
Market cap$4.4B$1.3B
Revenue growth, 5 years7.3%12.2%
Operating margin10.4%30.5%
Net margin3.3%21.3%
Return on equity64.1%23.9%
Debt to equity14.670.03
P/E24.8x29.9x
Forward P/E10.3x19.6x
P/B14.2x6.7x
Dividend yield1.0%1.7%

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