Brown & Brown, Inc.

BMV:BRO * Stock Report

Market Cap: Mex$605.8b

Brown & Brown Valuation

Is BRO * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BRO * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
Mex$632.38
Fair Value
233.3% overvalued intrinsic discount
12
Number of Analysts

Below Fair Value: BRO * (MX$2108) is trading above our estimate of fair value (MX$632.38)

Significantly Below Fair Value: BRO * is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BRO *?

Key metric: As BRO * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BRO *. This is calculated by dividing BRO *'s market cap by their current earnings.
What is BRO *'s PE Ratio?
PE Ratio30.5x
EarningsUS$1.02b
Market CapUS$31.25b

Price to Earnings Ratio vs Peers

How does BRO *'s PE Ratio compare to its peers?

The above table shows the PE ratio for BRO * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average56.4x
Q * Quálitas Controladora. de
17.1x10.60%Mex$87.1b
RYAN Ryan Specialty Holdings
169.6x90.96%US$17.9b
GNP * Grupo Nacional Provincial
9xn/aMex$28.0b
AON Aon
29.9x11.89%US$76.7b
BRO * Brown & Brown
30.5x9.88%Mex$31.2b

Price-To-Earnings vs Peers: BRO * is good value based on its Price-To-Earnings Ratio (30.5x) compared to the peer average (56.4x).

Price to Earnings Ratio vs Industry

How does BRO *'s PE Ratio compare vs other companies in the South American Insurance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies4PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BRO * is expensive based on its Price-To-Earnings Ratio (30.5x) compared to the Global Insurance industry average (12.2x).

Price to Earnings Ratio vs Fair Ratio

What is BRO *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BRO * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio30.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BRO *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BRO * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$2,108.00
Mex$2,298.14
+9.02%
6.99%Mex$2,520.90Mex$1,977.93n/a12
May ’26Mex$2,100.00
Mex$2,338.70
+11.37%
6.99%Mex$2,548.34Mex$1,999.47n/a12
Apr ’26Mex$2,501.79
Mex$2,327.59
-6.96%
6.80%Mex$2,568.93Mex$1,946.77n/a13
Mar ’26Mex$2,390.00
Mex$2,349.27
-1.70%
6.80%Mex$2,592.87Mex$1,964.91n/a13
Feb ’26Mex$2,190.00
Mex$2,380.63
+8.70%
6.14%Mex$2,589.95Mex$2,009.80n/a13
Jan ’26n/a
Mex$2,318.23
0%
6.91%Mex$2,689.84Mex$1,987.27n/a13
Dec ’25n/a
Mex$2,294.64
0%
6.64%Mex$2,437.86Mex$2,011.23n/a12
Nov ’25Mex$2,078.00
Mex$2,228.05
+7.22%
6.08%Mex$2,380.36Mex$1,997.08n/a12
Oct ’25Mex$2,180.00
Mex$2,102.10
-3.57%
5.78%Mex$2,233.40Mex$1,834.58n/a13
Sep ’25Mex$2,082.40
Mex$1,961.50
-5.81%
5.98%Mex$2,088.28Mex$1,715.38n/a12
Aug ’25Mex$1,873.10
Mex$1,924.19
+2.73%
6.25%Mex$2,100.13Mex$1,725.11n/a12
Jul ’25Mex$1,652.00
Mex$1,556.01
-5.81%
7.33%Mex$1,712.67Mex$1,375.90n/a12
Jun ’25Mex$1,473.85
Mex$1,556.01
+5.57%
7.33%Mex$1,712.67Mex$1,375.90n/a12
May ’25n/a
Mex$1,545.89
0%
6.49%Mex$1,678.43Mex$1,370.14Mex$2,100.0012
Apr ’25n/a
Mex$1,424.54
0%
7.05%Mex$1,582.61Mex$1,249.43Mex$2,501.7912
Mar ’25Mex$1,457.00
Mex$1,436.92
-1.38%
5.74%Mex$1,575.11Mex$1,284.06Mex$2,390.0012
Feb ’25Mex$1,355.55
Mex$1,449.82
+6.95%
5.88%Mex$1,584.47Mex$1,291.69Mex$2,190.0011
Jan ’25n/a
Mex$1,358.58
0%
5.89%Mex$1,460.08Mex$1,219.60n/a11
Dec ’24Mex$1,302.20
Mex$1,435.17
+10.21%
5.28%Mex$1,532.53Mex$1,316.18n/a10
Nov ’24n/a
Mex$1,435.17
0%
5.28%Mex$1,532.53Mex$1,316.18Mex$2,078.0010
Oct ’24Mex$1,260.00
Mex$1,336.85
+6.10%
5.77%Mex$1,451.24Mex$1,195.14Mex$2,180.0010
Sep ’24Mex$1,241.00
Mex$1,332.50
+7.37%
5.56%Mex$1,450.23Mex$1,194.31Mex$2,082.4010
Aug ’24Mex$1,184.50
Mex$1,288.20
+8.76%
6.17%Mex$1,433.21Mex$1,180.29Mex$1,873.1010
Jul ’24n/a
Mex$1,244.07
0%
4.96%Mex$1,312.39Mex$1,114.63Mex$1,652.0010
Jun ’24Mex$1,105.00
Mex$1,244.07
+12.59%
4.96%Mex$1,312.39Mex$1,114.63Mex$1,473.8510
May ’24n/a
Mex$1,231.69
0%
4.87%Mex$1,308.79Mex$1,111.57n/a10
AnalystConsensusTarget
Consensus Narrative from 12 Analysts
Mex$2.31k
Fair Value
8.6% undervalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/14 14:04
End of Day Share Price 2025/05/14 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Brown & Brown, Inc. is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jay GelbBarclays
Taylor ScottBarclays
null nullBMO Capital Markets Equity Research