Brown-Forman Corp (BF-A) is slightly undervalued and Brown-Forman Corp (BF-B) is slightly undervalued.
Against our estimates of intrinsic value, BF-A trades at the wider discount: a margin of safety of +8%, against +7% for BF-B.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 7.2% (average of 3 methods) values the shares at $29.13; the price of $26.94 is 8% below that value, and 82% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
Discounting its cash flows at 7.3% (average of 3 methods) values the shares at $28.43; the price of $26.56 is 7% below that value, and 82% of that value comes from beyond year five.
Leak Score 59/100 on 3 of 12 signals
| Metric | BF-A | BF-B |
|---|---|---|
| Verdict | Slightly undervalued | Slightly undervalued |
| Price | $26.94 | $26.56 |
| Intrinsic value | $29.13 | $28.43 |
| Margin of safety | +8% | +7% |
| Leak Score | 59/100 (3/12) | 59/100 (3/12) |
| Market cap | $12.2B | $12.3B |
| Revenue growth, 5 years | 2.7% | 2.7% |
| Operating margin | 28.5% | 28.5% |
| Net margin | 18.3% | 18.3% |
| Return on equity | 18.1% | 18.1% |
| Debt to equity | 0.62 | 0.62 |
| P/E | 17.4x | 17.1x |
| Forward P/E | 15.7x | 15.5x |
| P/B | 3.1x | 3.1x |
| Dividend yield | 3.5% | 3.6% |