- Brown-Forman is trading at about 1.5x it’s historical P/E ratio.
- The company is experiencing strong sales growth in upper single digits.
- Brown-Forman’s Jack Daniels brand continues to grow domestically and internationally.
- Brown-Forman grew emerging market sales by 12% in 2013.
- Brown Forman has strong brands, quality management, and growth, but is overvalued.