What is Brunswick Corp worth?
With the base-case assumptions below, a discounted cash flow model on Brunswick Corp's reported free cash flow gives $79.23 per share. The share price was $67.19 on September 25, 2026, 15% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -0.5% | 10.0% | $38.53 | -43% |
| Base | 4.5% | 9.0% | $79.23 | +18% |
| Bull | 9.5% | 8.0% | $158.50 | +136% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $108.22 | $117.03 | $127.78 | $141.23 | $158.52 |
| 8.0% | $86.62 | $92.33 | $99.08 | $107.17 | $117.07 |
| 9.0% | $70.82 | $74.72 | $79.23 | $84.48 | $90.69 |
| 10.0% | $58.77 | $61.54 | $64.69 | $68.29 | $72.43 |
| 11.0% | $49.28 | $51.31 | $53.59 | $56.15 | $59.05 |
Where the presets come from
Base: years 1 to 5 grow at Brunswick Corp's revenue growth rate over the last 5 fiscal years (4.3% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions