Stock fact sheet · data as of

Brown-Forman Corporation (BF-A): fair value, margin of safety and Wheel Score

Consumer Defensive · Beverages - Wineries & Distilleries · United States · Defensive

Close29.13
GLS fair value23.989 of 9 models
Margin of safety-21%price above fair value
Wheel Score39No optionscapped: no options
Health8/9Piotroski F-score
Moat6.5/10GLS 10-year score
Market cap$13.2B148k shares a day
Implied vol.-no listed options
P/E18.2EPS 1.60
Dividend yield3.23%payout 59%
Beta0.31moves less than the market
Next earnings3 Dec 2026in 48 days (before the open)

Is BF-A undervalued?

At 29.13 (close of 16 Oct 2026), BF-A trades 21% over the GLS average fair value of 23.98. 3 of the 9 models land above the price and 6 below. A negative margin of safety costs Value points in the Wheel Score (4 of 25 here) - the models see no discount, which does not make the business a poor one, only the price a full one.

The 9 models disagree widely: Lynch gives 6.15 while 10 Cap gives 49.17. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.

The nightly engine files BF-A under Defensive: a low beta, a dividend and positive earnings.

Nine valuation models for BF-A

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

ModelValuevs priceWhat it measures
DCF36.56+26%Present value of the projected free cash flows, discounted at the cost of capital
Graham Number17.49-40%The most a defensive investor pays for the earnings and book value per share
Graham Growth25.33-13%Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields
Lynch6.15-79%EPS × the earnings growth rate (PEG of 1), growth capped at 25%
GLS Growth7.92-73%EPS compounded ten years at the blended growth rate, discounted back at 15% a year
10 Cap49.17+69%Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%
Payback Time41.80+43%Eight years of compounded free cash flow: the price at which the business pays for itself
DDM13.60-53%Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend
EPV17.80-39%Earnings power value: current EPS capitalised at 9% with no growth
Zombie (liquidation)0.2582-99%Current assets less all liabilities, per share: the balance-sheet floor. Not in the average
Wall St target28.50-2%Analysts' average 12-month price target. Not in the average

Quality and financial health

On financial health BF-A scores 8/9 (Piotroski): most of the nine tests - positive earnings and cash flow, falling debt, rising margins and turnover - are passed, which is the kind of balance sheet a wheel trader is happy to be assigned. The GLS Moat score is 6.5 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.

Returns on capital are moderate - ROIC 11.6%, ROE 17.8%, ROA 9.1% - with debt at 0.54 times equity and a free-cash-flow yield of 7.0%.

The dividend yield is 3.23% at a payout ratio of 59%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Whiskey 72%, Ready to Drink 17%, Tequila 6% (quarter Q1 FY2027).

Institutional ownership scores 1/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.

Piotroski F-score8 / 9ROIC11.6%
GLS Moat6.5 / 10ROE17.8%
Debt / equity0.54ROA9.1%
Free-cash-flow yield7.0%Payout ratio59%
Institutions1 / 10Insiders · Congress1 · 5 / 10

Wheel Score 39: No options

BF-A has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business; the Wheel Score is capped at 39 and shown as "No options" (39 here). The valuation and quality numbers still apply to owning the shares outright.

Volume runs at 148k shares a day on a market cap of $13.2B, with a beta of 0.31 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 13 of 20.

PartPointsFrom
Value4 / 25-21% margin of safety
Health18 / 20Piotroski 8/9
Moat10 / 15moat 6.5/10
Premium0 / 20no option data
Stability13 / 20148k shares/day, $13.2B cap, beta 0.31

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.

Upcoming events

The next earnings report is due on 3 Dec 2026, 48 days away - outside the window of a 30-45-day put sold today.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Beverages - Wineries & Distilleries

The 12 companies below are the closest to Brown-Forman Corporation by market cap within the Beverages - Wineries & Distilleries industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

StockCloseFair valueMoSWheelMkt cap
BF-B
Brown-Forman Corporation
28.5823.86-20%39No options$13.2B
AGCC
Agencia Comercial Spirits Ltd
15.09--30No options$344M
MGPI
MGP Ingredients, Inc.
15.4017.20+10%45Weak$330M
SNDL
SNDL Inc.
1.154.09+72%45Weak$283M
CWGL
Crimson Wine Group, Ltd.
4.202.88-46%22No options$86M
FCUL
Food Culture Inc.
0.5988--27No options$27M
APHD
Apogee 21 Holdings, Inc.
1.275.95+79%37No options$23M
EPSM
Epsium Enterprise Limited Ordinary Shares
1.050.8044-31%10No options$14M
WVVIP
Willamette Valley Vineyards, Inc.
2.693,177.56+100%38No options$10M
WVVI
Willamette Valley Vineyards, Inc.
2.103,177.81+100%39No options$10M
RSAU
Rooshine, Inc.
0.2270--24No options$5M
IBG
Innovation Beverage Group Limited
0.8474--17No options$4M

⚖ Compare BF-A with 7 of them   All Consumer Defensive stocks →

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Questions about BF-A

Is BF-A undervalued right now?

No: at 29.13 the stock trades 21% above the GLS average fair value of 23.98 (data as of 16 Oct 2026). The margin of safety is negative.

What is the Wheel Score of BF-A and what does it mean?

BF-A has no listed options in our nightly snapshot, so it cannot be wheeled; its Wheel Score is capped at 39 and shown as "No options".

What is the GLS fair value for BF-A?

23.98 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.

When does Brown-Forman Corporation report earnings next?

The next earnings report is due on 3 Dec 2026 (before the open), 48 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.

Does BF-A have listed options, and how liquid are they?

No. The nightly options snapshot found no listed contracts on BF-A, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.

Data as of 16 Oct 2026: prices and fundamentals from Financial Modeling Prep, option data from Polygon; valuations, scores and the Wheel Score by GLS Equity's models, run nightly. Prices in USD; the close shown is the previous session's. Everything on this page is general information produced by automated models from third-party data - not a recommendation to buy, sell or trade any security or option, and not financial advice. Past performance is not indicative of future results. GLS Equity provides data and tools, not financial advice.