Discounted Cash Flow
Brown Forman Corp.
—
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2017 | $3.0b | $669.0m | $527.0m | 22.3% | $1.72 |
| 2018 | $3.2b (8.5%) | $717.0m (7.2%) | $505.0m (-4.2%) | 22.1% (-1.2%) | $1.49 (-13.4%) |
| 2019 | $3.3b (2.3%) | $835.0m (16.5%) | $681.0m (34.9%) | 25.1% (13.8%) | $1.74 (16.8%) |
| 2020 | $3.4b (1.2%) | $827.0m (-1.0%) | $611.0m (-10.3%) | 24.6% (-2.1%) | $1.73 (-0.6%) |
| 2021 | $3.5b (2.9%) | $903.0m (9.2%) | $755.0m (23.6%) | 26.1% (6.1%) | $1.89 (9.2%) |
| 2022 | $3.9b (13.6%) | $838.0m (-7.2%) | $798.0m (5.7%) | 21.3% (-18.3%) | $1.75 (-7.4%) |
| 2023 | $4.2b (7.5%) | $783.0m (-6.6%) | $457.0m (-42.7%) | 18.5% (-13.1%) | $1.63 (-6.9%) |
| 2024 | $4.2b (-1.2%) | $1.0b (30.8%) | $419.0m (-8.3%) | 24.5% (32.3%) | $2.15 (31.9%) |
| 2025 | $4.0b (-4.9%) | $869.0m (-15.1%) | $431.0m (2.9%) | 21.9% (-10.8%) | $1.84 (-14.4%) |
| 2026 | $3.9b (-1.2%) | $715.0m (-17.7%) | $893.0m (107.2%) | 18.2% (-16.7%) | $1.53 (-16.8%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.