(BF-A) Brown-Forman - Overview
Sector: Consumer Defensive | Industry: Beverages - Wineries & Distilleries | Exchange: NYSE (USA) | Market Cap: 11.715m USD | Total Return: 0.6% in 12m
Avg Turnover: 4.42M
EPS Trend: 15.8%
Qual. Beats: 1
Rev. Trend: -96.3%
Qual. Beats: 1
Warnings
Choppy
Tailwinds
No distinct edge detected
Brown-Forman Corporation is a global producer and distributor of a diverse portfolio of premium spirits and wines, including whiskey, tequila, gin, and vodka. Established in 1870 and headquartered in Louisville, Kentucky, the company controls major brands such as Jack Daniel’s, Woodford Reserve, and Herradura. Its business model integrates manufacturing, bottling, and multi-channel distribution through state governments, wholesalers, and direct retail partnerships across over 10 countries.
The company operates within the spirits industry, which is characterized by high brand loyalty and long-term aging requirements for core products like bourbon and scotch. Unlike many consumer goods, premium spirits often maintain pricing power during inflationary periods due to established brand equity. Beyond finished goods, Brown-Forman generates ancillary revenue through contract bottling and the sale of used barrels, a key byproduct of the whiskey maturation process.
Investors can further evaluate these operational drivers and historical performance trends by reviewing the detailed analytics on ValueRay. The firm remains a significant player in the global beverage alcohol market, maintaining a presence in both developed markets like the United States and emerging regions such as Brazil and Türkiye.
- Jack Daniels global volume growth dictates long-term revenue performance and brand equity
- Expansion of premium tequila portfolio offsets slowing whiskey demand in mature markets
- Fluctuating agave and grain input costs impact gross manufacturing margins
- International trade policies and spirit tariffs influence profitability in European markets
- Strategic transition to direct-to-consumer distribution models improves operating margin efficiency
| Net Income: 807.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA 2.18 > 1.0 |
| NWC/Revenue: 69.16% < 20% (prev 75.45%; Δ -6.30% < -1%) |
| CFO/TA 0.10 > 3% & CFO 861.0m > Net Income 807.0m |
| Net Debt (2.34b) to EBITDA (1.19b): 1.97 < 3 |
| Current Ratio: 2.77 > 1.5 & < 3 |
| Outstanding Shares: last quarter (472.6m) vs 12m ago -0.06% < -2% |
| Gross Margin: 59.34% > 18% (prev 59.31%; Δ 0.03% > 0.5%) |
| Asset Turnover: 47.76% > 50% (prev 50.12%; Δ -2.36% > 0%) |
| Interest Coverage Ratio: 10.59 > 6 (EBIT TTM 1.10b / Interest Expense TTM 104.0m) |
| A: 0.33 (Total Current Assets 4.23b - Total Current Liabilities 1.53b) / Total Assets 8.30b |
| B: 0.61 (Retained Earnings 5.05b / Total Assets 8.30b) |
| C: 0.13 (EBIT TTM 1.10b / Avg Total Assets 8.19b) |
| D: 0.97 (Book Value of Equity 4.08b / Total Liabilities 4.22b) |
| Altman-Z'' = 6.04 = AAA |
| DSRI: 1.19 (Receivables 983.0m/855.0m, Revenue 3.91b/4.04b) |
| GMI: 1.00 (GM 59.31% / 59.34%) |
| AQI: 1.04 (AQ_t 0.36 / AQ_t-1 0.34) |
| SGI: 0.97 (Revenue 3.91b / 4.04b) |
| TATA: -0.01 (NI 807.0m - CFO 861.0m) / TA 8.30b) |
| Beneish M = -2.87 (Cap -4..+1) = A |
As of June 06, 2026, the stock is trading at USD 26.69 with a total of 263,291 shares traded.
Over the past week, the price has changed by -0.15%,
over one month by -0.60%,
over three months by +0.87% and
over the past year by +0.61%.
Brown-Forman has no consensus analysts rating.
P/E Trailing = 14.8488
P/E Forward = 15.083
P/S = 2.9962
P/B = 2.8981
P/EG = 4.1894
Revenue TTM = 3.91b USD
EBIT TTM = 1.10b USD
EBITDA TTM = 1.19b USD
Long Term Debt = 2.09b USD (from longTermDebt, last quarter)
Short Term Debt = 656.0m USD (from shortTermDebt, last quarter)
Debt = 2.75b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 2.34b USD (calculated: Debt 2.75b - CCE 402.0m)
Enterprise Value = 14.1b USD (11.7b + Debt 2.75b - CCE 402.0m)
Interest Coverage Ratio = 10.59 (Ebit TTM 1.10b / Interest Expense TTM 104.0m)
EV/FCF = 19.26x (Enterprise Value 14.1b / FCF TTM 730.0m)
FCF Yield = 5.19% (FCF TTM 730.0m / Enterprise Value 14.1b)
FCF Margin = 18.67% (FCF TTM 730.0m / Revenue TTM 3.91b)
Net Margin = 20.64% (Net Income TTM 807.0m / Revenue TTM 3.91b)
Gross Margin = 59.34% ((Revenue TTM 3.91b - Cost of Revenue TTM 1.59b) / Revenue TTM)
Gross Margin QoQ = 60.61% (prev 59.36%)
Tobins Q-Ratio = 1.69 (Enterprise Value 14.1b / Total Assets 8.30b)
Interest Expense / Debt = 3.79% (Interest Expense 104.0m / Debt 2.75b)
Taxrate = 19.06% (190.0m / 997.0m)
NOPAT = 891.2m (EBIT 1.10b * (1 - 19.06%))
Current Ratio = 2.77 (Total Current Assets 4.23b / Total Current Liabilities 1.53b)
Debt / Equity = 0.67 (Debt 2.75b / totalStockholderEquity, last quarter 4.08b)
Debt / EBITDA = 1.97 (Net Debt 2.34b / EBITDA 1.19b)
Debt / FCF = 3.21 (Net Debt 2.34b / FCF TTM 730.0m)
Total Stockholder Equity = 4.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 9.86% (Net Income 807.0m / Total Assets 8.30b)
RoE = 19.93% (Net Income TTM 807.0m / Total Stockholder Equity 4.05b)
RoCE = 17.94% (EBIT 1.10b / Capital Employed (Equity 4.05b + L.T.Debt 2.09b))
RoIC = 12.32% (NOPAT 891.2m / Invested Capital 7.23b)
WACC = 6.25% (E(11.7b)/V(14.5b) * Re(6.99%) + D(2.75b)/V(14.5b) * Rd(3.79%) * (1-Tc(0.19)))
Discount Rate = 6.99% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.41 | Cagr: -0.70%
[DCF] Terminal Value 77.97% ; FCFF base≈651.6m ; Y1≈746.9m ; Y5≈1.10b
[DCF] Fair Price = 84.30 (EV 16.5b - Net Debt 2.34b = Equity 14.2b / Shares 168.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 15.82 | EPS CAGR: 2.03% | SUE: 1.83 | # QB: 1
Revenue Correlation: -96.31 | Revenue CAGR: -3.67% | SUE: 1.24 | # QB: 1