(BF-B) Brown-Forman - NYSE
Sector: Consumer Defensive | Industry: Beverages - Wineries & Distilleries | Exchange: NYSE (USA) | Market Cap: 12.224m USD | Total Return: 10.4% in 12m
Avg Turnover: 78.8M
EPS Trend: -29.8%
Qual. Beats: -1
Rev. Trend: -96.7%
Qual. Beats: 0
Warnings
Choppy
Tailwinds
No distinct edge detected
Brown-Forman Corporation is a U.S.-based alcoholic beverage producer that manufactures, distills, bottles, and markets a broad portfolio of spirits, wines, ready-to-drink cocktails, and related products. Its brand lineup spans well-known labels such as Jack Daniels, Woodford Reserve, Old Forester, Gentleman Jack, Herradura, el Jimador, Fords Gin, Chambord, Diplomático, and several Scotch whisky brands including The Glendronach, Benriach, and Glenglassaugh. Beyond branded sales, the company also sells used barrels, bulk whiskey and wine, and provides contract bottling services.
The company distributes primarily through wholesalers, state and provincial governments, and retailers across the United States and more than a dozen international markets, including Germany, Australia, the United Kingdom, Canada, Spain, France, Mexico, Poland, Brazil, and Türkiye. As a member of the Distillers & Vintners sub-industry within Consumer Staples, Brown-Forman operates a brand-led, asset-light distribution model that relies on third-party distributors for most off-premise and on-premise reach. Founded in 1870 and headquartered in Louisville, Kentucky, the firm has been publicly traded since 1984.
- EU tariffs pressure American whiskey export revenue
- Jack Daniels volume softness pressures core shipment growth
- Premium tequila and whiskey portfolio drives margin expansion
| Net Income: 715.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.11 > 0.02 and ΔFCF/TA 5.98 > 1.0 |
| NWC/Revenue: 70.24% < 20% (prev 78.36%; Δ -8.13% < -1%) |
| CFO/TA 0.13 > 3% & CFO 1.00b > Net Income 715.0m |
| Net Debt (1.84b) to EBITDA (1.23b): 1.50 < 3 |
| Current Ratio: 3.24 > 1.5 & < 3 |
| Outstanding Shares: last quarter (459.3m) vs 12m ago -2.87% < -2% |
| Gross Margin: 60.54% > 18% (prev 58.94%; Δ 1.60% > 0.5%) |
| Asset Turnover: 49.16% > 50% (prev 49.16%; Δ 0.00% > 0%) |
| Interest Coverage Ratio: 11.40 > 6 (EBIT TTM 1.14b / Interest Expense TTM 100.0m) |
| A: 0.35 (Total Current Assets 3.99b - Total Current Liabilities 1.23b) / Total Assets 7.89b |
| B: 0.63 (Retained Earnings 5.00b / Total Assets 7.89b) |
| C: 0.14 (EBIT TTM 1.14b / Avg Total Assets 7.99b) |
| D: 1.04 (Book Value of Equity 4.02b / Total Liabilities 3.87b) |
| Altman-Z'' = 6.41 = AAA |
| DSRI: 1.01 (Receivables 832.0m/830.0m, Revenue 3.93b/3.98b) |
| GMI: 0.97 (GM 58.94% / 60.54%) |
| AQI: 1.02 (AQ_t 0.35 / AQ_t-1 0.35) |
| SGI: 0.99 (Revenue 3.93b / 3.98b) |
| TATA: -0.04 (NI 715.0m - CFO 1.00b) / TA 7.89b) |
| Beneish M = -3.04 (Cap -4..+1) = AA |
As of June 27, 2026, the stock is trading at USD 27.96 with a total of 3,420,686 shares traded. Over the past week, the price has changed by +4.95%, over one month by +11.13%, over three months by +9.57% and over the past year by +10.39%.
Current recommended Stop Loss: 26.80 (which is 4.1% or 1.3 ATR below the current price).
Brown-Forman has received a consensus analysts rating of 3.00. Therefore, it is recommended to hold BF-B.
- StrongBuy: 2
- Buy: 3
- Hold: 10
- Sell: 3
- StrongSell: 2
| Analysts Target Price | 27.8 | -0.6% |
P/E Trailing = 17.4118
P/E Forward = 15.4083
P/S = 3.1121
P/B = 3.0408
P/EG = 4.2775
Revenue TTM = 3.93b USD
EBIT TTM = 1.14b USD
EBITDA TTM = 1.23b USD
Long Term Debt = 2.08b USD (from longTermDebt, last quarter)
Short Term Debt = 68.0m USD (from shortTermDebt, last quarter)
Debt = 2.15b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.84b USD (calculated: Debt 2.15b - CCE 308.0m)
Enterprise Value = 14.1b USD (12.2b + Debt 2.15b - CCE 308.0m)
Interest Coverage Ratio = 11.40 (Ebit TTM 1.14b / Interest Expense TTM 100.0m)
EV/FCF = 15.75x (Enterprise Value 14.1b / FCF TTM 893.0m)
FCF Yield = 6.35% (FCF TTM 893.0m / Enterprise Value 14.1b)
FCF Margin = 22.73% (FCF TTM 893.0m / Revenue TTM 3.93b)
Net Margin = 18.20% (Net Income TTM 715.0m / Revenue TTM 3.93b)
Gross Margin = 60.54% ((Revenue TTM 3.93b - Cost of Revenue TTM 1.55b) / Revenue TTM)
Gross Margin QoQ = 62.61% (prev 60.61%)
Tobins Q-Ratio = 1.78 (Enterprise Value 14.1b / Total Assets 7.89b)
Interest Expense / Debt = 4.65% (Interest Expense 100.0m / Debt 2.15b)
Taxrate = 19.21% (170.0m / 885.0m)
NOPAT = 921.0m (EBIT 1.14b * (1 - 19.21%))
Current Ratio = 3.24 (Total Current Assets 3.99b / Total Current Liabilities 1.23b)
Debt / Equity = 0.54 (Debt 2.15b / totalStockholderEquity, last quarter 4.02b)
Debt / EBITDA = 1.50 (Net Debt 1.84b / EBITDA 1.23b)
Debt / FCF = 2.06 (Net Debt 1.84b / FCF TTM 893.0m)
Total Stockholder Equity = 4.06b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.95% (Net Income 715.0m / Total Assets 7.89b)
RoE = 17.63% (Net Income TTM 715.0m / Total Stockholder Equity 4.06b)
RoCE = 18.57% (EBIT 1.14b / Capital Employed (Equity 4.06b + L.T.Debt 2.08b))
RoIC = 14.10% (NOPAT 921.0m / Invested Capital 6.53b)
WACC = 6.25% (E(12.2b)/V(14.4b) * Re(6.69%) + D(2.15b)/V(14.4b) * Rd(4.65%) * (1-Tc(0.19)))
Discount Rate = 6.69% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.41 | Cagr: -1.53%
[DCF] Terminal Value 77.97% ; FCFF base≈708.2m ; Y1≈811.8m ; Y5≈1.19b
[DCF] Fair Price = 55.57 (EV 18.0b - Net Debt 1.84b = Equity 16.1b / Shares 290.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: -29.83 | EPS CAGR: -3.80% | SUE: -2.99 | # QB: -1
Revenue Correlation: -96.68 | Revenue CAGR: -3.71% | SUE: 0.76 | # QB: 0
EPS current Quarter (2026-07-31): EPS=0.37 | Chg30d=-1.64% | Revisions=-33% | Analysts=12
EPS next Quarter (2026-10-31): EPS=0.46 | Chg30d=-1.24% | Revisions=-23% | Analysts=12
EPS current Year (2027-04-30): EPS=1.70 | Chg30d=+0.04% | Revisions=+14% | GrowthEPS=+11.1% | GrowthRev=+0.3%
EPS next Year (2028-04-30): EPS=1.71 | Chg30d=-1.79% | Revisions=-20% | GrowthEPS=+0.4% | GrowthRev=+2.0%
[Analyst] Revisions Ratio: -33%