BF-ABrown-Forman Corporation

$26.52-3.2% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 68 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Brown-Forman Corporation scores higher than 72% of the 1,794 companies Ryufin scores.

Carried by valuation and return on capital, held back by return on new capital.

Consumer Defensive median 65 · all companies 57

How the score has moved

At each fiscal year end, from the reports and price of the time
58
69
61
64
66
68
68
202120222023202420252026today

The biggest move was up 11 points from 2021 to 2022, mostly return on new capital.

Valuation

26% of the score

80median 56

Brown-Forman Corporation is valued at 14.5x its operating profit before acquisition amortisation (EBITA), including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
14.5x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

83median 34

Over 7 years the business earned 16% a year after tax on the capital it uses.

2%
8%
15%
25%
16%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 12%

Return on new capital

16% of the score

18median 49

Over 6 years yearly profit fell by 2 cents for every dollar earned. New capital earned -4.2%, and 47% of profit went back into the business.

-5%
12%
-2%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

72median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 0.6% a year over 5 years: buybacks
70
5%
-3%
-0.6%
0 pointsfull points
Assets against salesAssets grew 3.9% a year, sales 2.6%
76
12%
-2%
1.3%
0 pointsfull points

Cycle position

12% of the score

86median 62

Today's operating margin of 25% is 0.82x its normal 31%: below its usual level, with room to recover. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
0.8x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 25%

Balance sheet

8% of the score

70median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA2x a year of EBITDA
63
4.5x
0.5x
2x
0 pointsfull points
Interest coverOperating profit covers interest 10x
78
1.5x
12x
9.6x
0 pointsfull points

Earnings quality

6% of the score

64median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 0.86x profit over 3 years
32
0.7x
1x
1.3x
0.9x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.6% of assets
78
8%
0%
-8%
-3.6%
0 pointsfull points
Beneish M-score-2.66
83
-1.50
-1.78
-2.22
-3.00
-2.66
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-07-31, latest annual report FY2026.