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Brown-FormanMEX:BFB 69 3-Year ROIIC % is 27.40 as of Apr. 2026, which is 277% above its 10-year median of 7.27. GuruFocus rates MEX:BFB with a GF Score™ of 69/100 and a GF Value™ of MXN727.25. The stock has 1 warning sign investors should review. Among 199 Beverages - Alcoholic companies, Brown-Forman ranks better than 77.89% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Brown-Forman's 3-Year ROIIC % for the quarter that ended in Apr. 2026 was 27.40%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Brown-Forman's 3-Year ROIIC % or its related term are showing as below:
MEX:BFB's 3-Year ROIIC % is ranked better than 77.89% of 199
companies
in the Beverages - Alcoholic industry
Industry Median: -0.05
vs MEX:BFB: 27.40
Brown-Forman (MEX:BFB) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Brown-Forman 3-Year ROIIC % Related Terms
Brown-Forman 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Brown-Forman's 3-Year ROIIC % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:BFB vs MGPI, SNDL, AGCC: 3-Year ROIIC % Comparison
For the Beverages - Wineries & Distilleries subindustry, Brown-Forman's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Brown-Forman 3-Year ROIIC % vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Brown-Forman's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Brown-Forman's 3-Year ROIIC % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Brown-Forman (MEX:BFB) has a 3-Year ROIIC % of 27.40 as of Apr. 2026. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Brown-Forman and its competitors. This is 277% above median its historical median of 7.27. According to the industry distribution chart, Brown-Forman ranks #44 out of 199 companies in the Beverages - Alcoholic industry, placing it in the top 22.1%.
Is Brown-Forman's 3-Year ROIIC % too high?
Brown-Forman's current 3-Year ROIIC % of 27.40 is 277% above median its 10-year median of 7.27. Based on the distribution chart, Brown-Forman ranks #44 out of 199 companies in the Beverages - Alcoholic industry, which is in the top quartile — a strong position relative to peers. Overall, Brown-Forman has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Brown-Forman's 3-Year ROIIC % compare to MGPI and SNDL?
According to the Beverages - Alcoholic industry distribution chart, Brown-Forman ranks #44 out of 199 companies for 3-Year ROIIC %. This places Brown-Forman in the top 22% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for a Beverages - Alcoholic company?
A good 3-Year ROIIC % depends on the Beverages - Alcoholic industry context. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Brown-Forman and its competitors. Brown-Forman's current 3-Year ROIIC % is 27.40, which is 277% above median its own 10-year median of 7.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brown-Forman stock overvalued right now?
Brown-Forman (MEX:BFB) has a current 3-Year ROIIC % of 27.40. The stock's GF Value™ is MXN727.25, compared to a current price of MXN455.44 — trading 37.4% below its estimated fair value. The current 3-Year ROIIC % is 27.40, which is 277% above median its 10-year median of 7.27. Brown-Forman's overall GF Score™ is 69/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Brown-Forman (MEX:BFB), the current 3-Year ROIIC % is 27.40 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Brown-Forman (MEX:BFB) Overvalued in 2026?
Based on GuruFocus' analysis, Brown-Forman stock appears to be undervalued.
The current stock price of MXN455.44 is trading 37.4% below its estimated GF Value™ of MXN727.25.
Key valuation signals for MEX:BFB:
3-Year ROIIC %: 27.40 (277% above median its 10-year median of 7.27)
GF Value™: MXN727.25 vs. price of MXN455.44 (37.4% below fair value)
No single metric tells the full story. See the MEX:BFB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brown-Forman is a US-based manufacturer of premium distilled spirits. It generates over 70% of its revenue in the whiskey category, under well-known Tennessee whiskey brand Jack Daniel's and bourbon brands Woodford Reserve and Old Forester. It also manufactures and distributes tequila, vodka, rum, gin, and premium wines. The company generated 44% of fiscal 2025 sales from the US, while the bulk of international revenue comes from Europe, Australia, and Latin America. The Brown family controls over 50% of the economic interests and 67% of the voting power in the company.
69GF Score
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