Yo este tipo de empresas prefiero llevarlas a través del Fundsmith.
Por curiosidad he echado un vistazo a BF.B en M*. Wide moat, stewardship exemplary. Bien, bien…Fair value 46.50 USD, cotiza a 61.XX
Price/Forward earnings 34.6 (5 year average 28.13)
EV/EBITDA 26.23 (5 year average 20.38)
Creo que no hace falta un análisis estilo @alvaromusach para sugerir que parece cara incluso para su media de los últimos 5 años.
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Los resultados parecen además decrecientes, ¿no?. Al menos el BPA que veo en investing
Esta empresa es una enorme espina para mi también. No hay forma de cogerla al precios razonables.
Como comenté en otros hilos, con esta y sin que sirva de precedente, me voy a marcar un chowder más pronto que tarde.
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7% abajo a pesar de batir estimaciones.
EPS of $0.59 beats by $0.07.
Revenue of $989M (+8.7% Y/Y) beats by $16.4M.
Sugerencias?
Morningstar eleva su fair value un 25% y aún así la sigue considerando cara. 
We continue to see Brown-Forman as entrenched within the subsegment of the distilling industry that is most inimical to disruption, aged spirits, and believe its advantages are self-perpetuating. Consequently, our wide moat rating remains intact for the firm, which is home to the Jack Daniel’s brand family. However, we’ve raised our fair value estimate to $58 from $46.50, driven partly by the time value of money but mostly by rosier margin assumptions as we now believe many current cost headwinds should be transitory. The shares have been buoyed over the past few months by solid results and sentiment, and we still view the current valuation as frothy; we suggest that prospective investors seeking alcoholic beverage exposure consider wide-moat Constellation Brands or narrow-moat Boston Beer SAM.
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Buff…a mucha distancia de ese per “normal” 
de casi 25…
Menuda gráfica. … es de locos lo de esta acción
Year-to-Date Results (04/03/2020)
Year-to-Date Fiscal 2020 Highlights
- Underlying net sales grew 3% (+3% reported), maintaining growth consistent with the first half of fiscal 2020
- Diluted earnings per share increased 4% to $1.45
- Fiscal Year 2020 Outlook
- The company revised the full-year outlook to reflect tempered expectations in some of its international markets reflecting both short-term disruptions and an increasingly uncertain global economic and geopolitical environment. This outlook also includes an estimated impact of COVID-19 (coronavirus).
- Low-single digit underlying net sales growth
- Flat to modest decline in underlying operating income
- Diluted earnings per share of $1.75 to $1.80
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Fiscal 2020 Results (09/06/2020)
- For the fourth quarter, the company’s reported net sales declined 5% to $709 million (-10% on an underlying basis) compared to the same prior-year period.
- For the fourth quarter reported operating income decreased 18% to $187 million (-27% on an underlying basis) and diluted earnings per share declined 20% to $0.27.
- For the full year, the company’s reported net sales increased 1% to $3.4 billion (flat on an underlying basis).
- For the full year reported operating income decreased 5% to $1.1 billion (-6% on an underlying basis) and diluted earnings per share declined 1% to $1.72.
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Una pregunta. Veo que existen 2 tikers, BF.A y BF.B. ¿A qué se debe, por favor?
normalmente, en todas las acciones la Clase A tienen privilegios de voto y son mas de tipo institucional, mientras que las acciones Clase B son acciones sin derecho a voto .
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¿y cuál es más recomendable comprar? ¿la que esté más barata en ese momento?
Normalmente las B son más baratas por el echo de no ejercer voto. Para nosotros pequeños inversores creo que la B es lo más recomendable
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Y sin embargo en Google las A están uno o dos dolares mas baratas siempre🤷🏻♂️
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