Brown-Forman Corporation (BF-B)

DCF Valuation · Consumer Defensive · Beverages - Wineries & Distilleries

Valuation as at 2026-08-14 · see also the S&P 500 Most Undervalued screen

About Brown-Forman Corporation

Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells a variety of alcohol beverages. The company provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink cocktails, ready-to-pour products, vodkas, tequilas, gin, brandy, rum, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Gentleman Jack, Herradura, el Jimador, Fords Gin, The Glendronach, Chambord, Coopers' Craft, Diplomático, Benriach, Glenglassaugh, and Slane brands.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

Brown-Forman Corporation BF-B

Consumer Defensive · Beverages - Wineries & Distilleries

Price
$28.03
Market Cap
$12.86B
Free Cash Flow
$0.74B
Beta
0.34
P/E (TTM)
18.2x
52-Week Range
$22.61–$31.92

Brown-Forman Corporation's price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

$28.03 -39% vs 2024-08
S&P 500 $45.59$33.01$26.91$28.98$25.77$28.03 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$0.12 -61% vs Q2 '25
$0.31$0.36$0.47$0.58$0.12Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$0.27B +160% vs Q2 '25
$0.10B$0.13B$0.11B$0.39B$0.27BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share Per quarter

$0.23 +2% vs Q2 '25
$0.23$0.23$0.23$0.23$0.23Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Value investing scale · Buffett · Dalio · Graham

Strong Fit
15 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for BF-B →

Intrinsic value estimate · 5-year forecast

BEAR
$22.54
vs current $28.03
-19.6% ⚠️ Fairly Valued
BASE
$32.28
vs current $28.03
+15.2% ⚠️ Fairly Valued
BULL
$49.58
vs current $28.03
+76.9% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$0.74B
Reported free cash flow (Yahoo)
Risk-free rate
4.68% ● LIVE
Live 10-yr govt bond
Beta
0.34
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
5.48%
Synthetic rating AA, ICR 11.2x
Tax rate
25.00%
Estimated default
Capital structure
E 83% / D 17%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth-7.5%-5.0%-2.5%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)7.14%6.14%5.14%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.68% + 0.34 × 5.50% = 6.55% · WACC = weighted by 83%/17% capital structure

These numbers come from running Brown-Forman Corporation's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or BF-B's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with BF-B →

More S&P 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is Brown-Forman Corporation (BF-B) undervalued?

The Base-case DCF estimates intrinsic value at $32.28 vs a price of $28.03 on 2026-08-14 — a +15.2% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.