MeritValue

BRADY CORP

BRCdata completeness 100%17 fiscal years on file

Data notes: no data for concept 'epsDiluted'

i. The business — what you’d actually own
FigureFY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$1.14B1$1.3B2$1.33B3$1.34B3$1.51B3
Net income$129.7M4$150M4$174.9M4$197.2M4$189.3M4
Operating cash flow$205.7M5$118.4M6$209.1M7$255.1M7$181.2M7
Capital expenditure$27.2M8$43.1M9$19.2M10$79.9M10$27.6M10
Free cash flow (derived)$178.5M5$75.3M6$189.9M7$175.2M7$153.6M7
Total debt———$90.9M11$99.8M11
Cash & equivalents$147.3M12$114.1M13$151.5M14$250.1M15$174.3M15
Diluted shares52.4M51.7M49.9M48.5M48.1M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal
If you owned
shares
You’d own
0.000021%
of the whole company
Your share of last year’s profit
$39.35
Your share of its debt
$20.74
Your share of free cash flow
$31.94
iii. What it’s worth — engine v0.1.0
DCF · Growth Exit 10Y
$161.32
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears10
  • fcfGrowth15.5%
  • fcfBase$175.2M
DCF · Growth Exit 5Y
$103.72
assumptions (10)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • terminalGrowth2.5%
  • projectionYears5
  • fcfGrowth15.5%
  • fcfBase$175.2M
Earnings Power Value
$38.31
assumptions (8)
  • riskFreeRate4.5%
  • equityRiskPremium5.0%
  • beta100.0%
  • equityWeight85.0%
  • costOfDebtSpread1.5%
  • taxRate21.0%
  • normalizedEarnings$174.9M
  • growthAssumed0.0%
Graham Number
not applicable
diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

iv. The price question — last, on purpose
What does today’s price assume?
Type a price. The ledger answers.
Or set your own belief
FCF growth, next 5 years15.5%
Discount rate (WACC)8.78%
Terminal growth2.5%
At your growth, a share is worth $103.72

Default growth 15.5%= this company’s own filed history (median-to-median FCF CAGR, clamped 0–20%). Your adjustments are recorded anonymously. They become the “what do owners actually believe” dataset.

Sources — the receipts
  1. 10-K · period ending 2021-07-31 · accession 0000746598-23-000058 (RevenueFromContractWithCustomerExcludingAssessedTax)
  2. 10-K · period ending 2022-07-31 · accession 0000746598-24-000065 (RevenueFromContractWithCustomerExcludingAssessedTax)
  3. 10-K · period ending 2023-07-31 · accession 0000746598-25-000045 (RevenueFromContractWithCustomerExcludingAssessedTax)
  4. 10-K · period ending 2021-07-31 · accession 0000746598-25-000045 (NetIncomeLoss)
  5. 10-K · period ending 2021-07-31 · accession 0000746598-23-000058 (NetCashProvidedByUsedInOperatingActivities)
  6. 10-K · period ending 2022-07-31 · accession 0000746598-24-000065 (NetCashProvidedByUsedInOperatingActivities)
  7. 10-K · period ending 2023-07-31 · accession 0000746598-25-000045 (NetCashProvidedByUsedInOperatingActivities)
  8. 10-K · period ending 2021-07-31 · accession 0000746598-23-000058 (PaymentsToAcquirePropertyPlantAndEquipment)
  9. 10-K · period ending 2022-07-31 · accession 0000746598-24-000065 (PaymentsToAcquirePropertyPlantAndEquipment)
  10. 10-K · period ending 2023-07-31 · accession 0000746598-25-000045 (PaymentsToAcquirePropertyPlantAndEquipment)
  11. 10-K · period ending 2024-07-31 · accession 0000746598-25-000045 (LongTermDebt)
  12. 10-K · period ending 2021-07-31 · accession 0000746598-22-000067 (CashAndCashEquivalentsAtCarryingValue)
  13. 10-K · period ending 2022-07-31 · accession 0000746598-23-000058 (CashAndCashEquivalentsAtCarryingValue)
  14. 10-K · period ending 2023-07-31 · accession 0000746598-24-000065 (CashAndCashEquivalentsAtCarryingValue)
  15. 10-K · period ending 2024-07-31 · accession 0000746598-25-000045 (CashAndCashEquivalentsAtCarryingValue)