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 $80.28 per share. The share price was $78.42 on November 10, 2026, 2% 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% | $39.58 | -50% |
| Base | 4.5% | 9.0% | $80.28 | +2% |
| Bull | 9.5% | 8.0% | $159.54 | +103% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $109.27 | $118.07 | $128.83 | $142.28 | $159.57 |
| 8.0% | $87.67 | $93.38 | $100.13 | $108.22 | $118.12 |
| 9.0% | $71.87 | $75.77 | $80.28 | $85.53 | $91.74 |
| 10.0% | $59.82 | $62.59 | $65.74 | $69.33 | $73.48 |
| 11.0% | $50.33 | $52.36 | $54.64 | $57.20 | $60.09 |
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