Stock fact sheet · data as of
Brown-Forman Corporation (BF-B): fair value, margin of safety and Wheel Score
Consumer Defensive · Beverages - Wineries & Distilleries · United States · Defensive
Is BF-B undervalued?
Brown-Forman Corporation (BF-B) closed at 28.58 on 16 Oct 2026, 20% above the GLS average fair value of 23.86. Only 3 of the 9 models that produced a number value the shares above the current price. The margin of safety is negative, so the stock fails the "below fair value" rule of the Sunday Scan; a premium of this size is common for companies whose growth the models are conservative about.
There is a wide gap between Lynch (6.06) and 10 Cap (49.03). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.
The nightly engine files BF-B under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for BF-B
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.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 36.56 | +28% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 17.49 | -39% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 24.91 | -13% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.06 | -79% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 7.78 | -73% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 49.03 | +72% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 41.80 | +46% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 13.60 | -52% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 17.46 | -39% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | 0.2533 | -99% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Brown-Forman Corporation scores 8 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. On durability BF-B scores 6.5/10 on the GLS Moat - a middle reading; the Scorecard on the Quote page's Financials tab shows which ten-year lines are steady and which are not.
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 5/10, insider activity 1/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 8 / 9 | ROIC | 11.6% |
|---|---|---|---|
| GLS Moat | 6.5 / 10 | ROE | 17.8% |
| Debt / equity | 0.54 | ROA | 9.1% |
| Free-cash-flow yield | 7.0% | Payout ratio | 59% |
| Institutions | 5 / 10 | Insiders · Congress | 1 · 5 / 10 |
Wheel Score 39: No options
No options are listed on Brown-Forman Corporation in our nightly snapshot. The Wheel Score is therefore capped at 39 (it reads 39) and the stock is left out of every options screen; the fair value and health figures above are still useful for a plain stock position.
Volume runs at 3.7M shares a day on a market cap of $13.2B, with a beta of 0.32 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 20 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 4 / 25 | -20% margin of safety | |
| Health | 18 / 20 | Piotroski 8/9 | |
| Moat | 10 / 15 | moat 6.5/10 | |
| Premium | 0 / 20 | no option data | |
| Stability | 20 / 20 | 3.7M shares/day, $13.2B cap, beta 0.32 |
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.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| BF-A Brown-Forman Corporation | 29.13 | 23.98 | -21% | 39No options | $13.2B |
| AGCC Agencia Comercial Spirits Ltd | 15.09 | - | - | 30No options | $344M |
| MGPI MGP Ingredients, Inc. | 15.40 | 17.20 | +10% | 45Weak | $330M |
| SNDL SNDL Inc. | 1.15 | 4.09 | +72% | 45Weak | $283M |
| CWGL Crimson Wine Group, Ltd. | 4.20 | 2.88 | -46% | 22No options | $86M |
| FCUL Food Culture Inc. | 0.5988 | - | - | 27No options | $27M |
| APHD Apogee 21 Holdings, Inc. | 1.27 | 5.95 | +79% | 37No options | $23M |
| EPSM Epsium Enterprise Limited Ordinary Shares | 1.05 | 0.8044 | -31% | 10No options | $14M |
| WVVIP Willamette Valley Vineyards, Inc. | 2.69 | 3,177.56 | +100% | 38No options | $10M |
| WVVI Willamette Valley Vineyards, Inc. | 2.10 | 3,177.81 | +100% | 39No options | $10M |
| RSAU Rooshine, Inc. | 0.2270 | - | - | 24No options | $5M |
| IBG Innovation Beverage Group Limited | 0.8474 | - | - | 17No options | $4M |
⚖ Compare BF-B with 7 of them All Consumer Defensive stocks →
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Start free See the Sunday ScanQuestions about BF-B
Is BF-B undervalued right now?
No: at 28.58 the stock trades 20% above the GLS average fair value of 23.86 (data as of 16 Oct 2026). The margin of safety is negative.
What is the Wheel Score of BF-B and what does it mean?
BF-B 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-B?
23.86 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-B have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on BF-B, so the wheel strategy cannot be run on it and the Wheel Score is capped at 39.