Brown Forman Financials

BF-B Stock  USD 40.69  0.39  0.97%   
Based on the analysis of Brown Forman's profitability, liquidity, and operating efficiency, Brown Forman may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Brown Forman's Total Assets are projected to increase significantly based on the last few years of reporting. The current year's Short and Long Term Debt Total is expected to grow to about 3.3 B, whereas Cash is forecasted to decline to about 272.5 M. Key indicators impacting Brown Forman's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.130.2451
Way Down
Pretty Stable
Return On Assets0.10.1254
Significantly Down
Slightly volatile
Return On Equity0.220.2912
Way Down
Very volatile
Debt Equity Ratio0.480.8814
Way Down
Pretty Stable
Operating Income1.5 B1.4 B
Sufficiently Up
Slightly volatile
Current Ratio2.192.5888
Fairly Down
Pretty Stable
Investors should never underestimate Brown Forman's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Brown Forman's cash flow, debt, and profitability to make informed and accurate decisions about investing in Brown Forman.

Net Income

1.08 Billion

  
Understanding current and past Brown Forman Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Brown Forman's financial statements are interrelated, with each one affecting the others. For example, an increase in Brown Forman's assets may result in an increase in income on the income statement.
Please note, the presentation of Brown Forman's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Brown Forman's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Brown Forman's management manipulating its earnings.

Brown Forman Stock Summary

Brown Forman competes with Pernod Ricard, Willamette Valley, MGP Ingredients, Duckhorn Portfolio, and Brown Forman. Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. The company was founded in 1870 and is headquartered in Louisville, Kentucky. Brown Forman operates under BeveragesWineries Distilleries classification in the United States and is traded on NYQ Exchange. It employs 5200 people.
Specialization
Consumer Defensive, Beverages - Wineries & Distilleries
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS1156372096
Business Address850 Dixie Highway,
SectorBeverages
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websitewww.brown-forman.com
Phone502 585 1100
CurrencyUSD - US Dollar

Brown Forman Key Financial Ratios

Brown Forman Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.8B6.5B6.4B7.8B8.2B8.6B
Other Current Liab30M487M464M497M435M456.8M
Net Debt1.9B1.4B1.4B2.5B2.7B2.8B
Retained Earnings2.7B3.2B3.2B3.6B4.3B4.5B
Cash675M1.2B868M374M446M272.5M
Net Receivables570M753M813M855M769M441.5M
Inventory1.7B1.8B1.8B2.3B2.6B2.7B
Other Current Assets283M335M263M277M265M148.0M
Total Liab3.8B3.9B3.6B4.5B4.6B4.9B
Total Current Assets3.3B3.9B3.8B3.8B4.0B4.2B
Short Term Debt150M333M225M257M752M789.6M
Intangible Assets635M676M586M1.2B990M542.5M
Accounts Payable518M172M218M308M267M323.6M
Good Will756M779M761M1.5B1.5B1.5B
Other Liab499M605M545M583M670.5M613.7M
Net Tangible Assets584M1.2B1.4B647M744.1M630.2M
Other Assets206M211M251M375M431.3M218.4M
Long Term Debt2.3B2.4B2.0B2.7B2.4B2.1B
Short Long Term Debt150M333M205M235M728M764.4M
Net Invested Capital4.6B2.6B2.3B2.9B6.6B4.2B

Brown Forman Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense80M77M79M81M127M133.4M
Total Revenue3.4B3.5B3.9B4.2B4.2B2.5B
Gross Profit2.1B2.1B2.4B2.5B2.5B1.6B
Operating Income1.1B1.2B1.2B1.1B1.4B1.5B
Ebit1.1B1.0B1.2B1.2B1.1B652.6M
Ebitda1.1B1.1B1.3B1.3B1.2B702.2M
Cost Of Revenue1.2B1.4B1.5B1.7B1.7B919.2M
Income Before Tax1.0B1.1B1.1B1.0B1.3B1.4B
Net Income827M903M838M783M1.0B1.1B
Income Tax Expense207M182M178M276M234M189.2M
Tax Provision182M178M276M234M274M257.8M
Net Interest Income(80M)(77M)(79M)(81M)(113M)(118.7M)
Interest Income8M5M2M9M14M7.2M

Brown Forman Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(203M)(37M)(93M)(403M)(349M)(331.6M)
Change In Cash368M475M(276M)(500M)62M65.1M
Free Cash Flow611M755M798M457M419M370.3M
Depreciation74M77M79M80M87M58.9M
Other Non Cash Items28M(150M)92M(648M)(244M)(231.8M)
Dividends Paid325M338M831M378M404M252.1M
Capital Expenditures113M62M138M183M228M239.4M
Net Income827M903M838M783M1.0B1.1B
End Period Cash Flow675M1.2B874M374M446M277.7M
Net Borrowings178M(126M)(196M)632M568.8M597.2M
Change To Netincome78M(191M)98M129M148.4M155.8M
Investments(141M)98M(127M)(1.4B)49M51.5M

Brown Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Brown Forman's current stock value. Our valuation model uses many indicators to compare Brown Forman value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Brown Forman competition to find correlations between indicators driving Brown Forman's intrinsic value. More Info.
Brown Forman is rated fourth in return on equity category among its peers. It also is rated fourth in return on asset category among its peers reporting about  0.29  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Brown Forman is roughly  3.41 . At present, Brown Forman's Return On Equity is projected to slightly decrease based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Brown Forman's earnings, one of the primary drivers of an investment's value.

Brown Forman Systematic Risk

Brown Forman's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Brown Forman volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Brown Forman correlated with the market. If Beta is less than 0 Brown Forman generally moves in the opposite direction as compared to the market. If Brown Forman Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Brown Forman is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Brown Forman is generally in the same direction as the market. If Beta > 1 Brown Forman moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Brown Forman Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Brown Forman's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Brown Forman growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.75

At present, Brown Forman's Price Earnings To Growth Ratio is projected to drop based on the last few years of reporting.

Brown Forman November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Brown Forman help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Brown Forman. We use our internally-developed statistical techniques to arrive at the intrinsic value of Brown Forman based on widely used predictive technical indicators. In general, we focus on analyzing Brown Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Brown Forman's daily price indicators and compare them against related drivers.

Complementary Tools for Brown Stock analysis

When running Brown Forman's price analysis, check to measure Brown Forman's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Brown Forman is operating at the current time. Most of Brown Forman's value examination focuses on studying past and present price action to predict the probability of Brown Forman's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Brown Forman's price. Additionally, you may evaluate how the addition of Brown Forman to your portfolios can decrease your overall portfolio volatility.
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