Brown-Forman posted 2% sales growth to $912 million in its fourth quarter, driven by a 2% organic sales rise. Operating margin decreased to 10.5% from 22.9%, primarily reflecting noncash impairment charges for the Gin Mare ($45 million) and Diplomático ($85 million) brands.
Premiumization trends in spirits consumption (especially in emerging markets), coupled with Brown-Forman’s strong innovation pipeline, should enable sales growth to stabilize in the midsingle digits.
Brown-Forman is less diversified in category exposure compared with larger rivals Diageo and Pernod and could therefore be more susceptible to volume swings should demand soften for its core American whiskey products.
|
Metric
|
BF.B
|
RI
|
DGE
|
|---|---|---|---|
Price/Earnings (Normalized) | 14.66 | 9.54 | 11.09 |
Price/Book Value | 3.08 | 1.03 | 3.91 |
Price/Sales | 3.21 | 1.59 | 2.25 |
Price/Cash Flow | 13.73 | 8.30 | 9.75 |
|
Metric
|
BF.B
|
RI
|
DGE
|
|---|---|---|---|
Quick Ratio | 0.93 | 0.80 | 0.61 |
Current Ratio | 3.24 | 2.34 | 1.60 |
Interest Coverage | 9.46 | 4.79 | 4.05 |
|
Metric
|
BF.B
|
RI
|
DGE
|
|---|---|---|---|
Return on Assets (Normalized) | 10.60% | 4.12% | 7.36% |
Return on Equity (Normalized) | 21.34% | 9.99% | 32.72% |
Return on Invested Capital (Normalized) | 13.93% | 6.21% | 11.59% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Diageo PLC ADR
DEO
| Dlcjkyp | Lvvgt | $45B | |||
| Diageo PLC
DGEAF
| — | Dknq | $45B | |||
| Pernod Ricard SA
PDRDF
| Llfcbsyf | Qsjml | $18B | |||
| Pernod Ricard SA ADR
PRNDY
| Vdjmnhttb | Hjnppp | $18B | |||
| Brown-Forman Corp Class A
BF.A
| Yynkfmdtk | Ghw | $12B | |||
| Thai Beverage PLC
TBVPF
| — | Twrqv | $8B | |||
| Thai Beverage PLC ADR
TBVPY
| — | Tbnx | $8B | |||
| Davide Campari-Milano NV Az nom Post Frazionamento
DVDCF
| — | Dfysy | $8B | |||
| Davide Campari-Milano NV ADR
DVCMY
| — | Gpcvv | $8B |
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United States