Mulya.ai
Ticker
BRO
Scenario
Key Inputs
Revenue est.?Analyst
OP margin est.?Analyst
Reinvestment est.?avg_lt_ttm
R&D capitalizedNo
Leases factoredNo
Key Assumptions
WACC ?7.8%
ERP ?4.5%
Risk-free rate ?4.1%
Beta (blended) ?0.798
Beta (levered) ?1.010
Terminal OM% ?23.7%
Segment conc. ?59% dominant
Terminal growth ?4.1%
Bond rating ?A · 1.20%
ROIC option ?Opt 1 · 8.6%
Prob of failure ?0.0%
Pipeline validated · 2026-05-17

BRO · Brown & Brown, Inc.

$65.952026-05-17
Sector: Financial Services; Industry: Insurance - Brokers; Sub-Industry: Insurance Brokers

Intrinsic Value Range Comparison · Mulya.ai

Bull
$14
-78.8% vs market
Base · active
$21
-68.4% vs market
Bear
$22
-66.9% vs market
Mulya.ai vs Analyst IV Comparison?
Bull $14
Base $21
Bear $22
Market $66
Median $89
Market Price $66
Mulya.ai Base $21
Analysts Median $89
Mulya.ai IV range ($22 · $14)
Analysts Range ($88 · $89)
Fundamentals · historical + forward · base
italics = DCF projection
PeriodRevenueRev Gr ?Ops M% ?Tax Rate ?NOPAT ?
Reinvest ?
FCFF ?WACC% ?PV FCFF ?ROIC ?Inv. Cap ?EPS ?P/E
2021.Q4$3.0B28.0%23.0%$658MM−$150MM$508MM6.2%11.8%$5.6B$1.73
2022.Q4$3.6B16.9%27.0%23.3%$738MM−$1.8B−$1.0B7.4%10.9%$7.9B$1.98
2023.Q4$4.2B17.9%27.5%24.0%$878MM−$413MM$465MM7.2%10.6%$8.7B$2.57
2024.Q4$4.7B12.1%29.1%23.0%$1.1B−$785MM$267MM7.8%11.5%$9.6B$2.93
2025.Q4$5.9B25.6%27.8%22.3%$1.3B−$7.5B−$6.3B7.7%8.9%$19.1B$3.1113.6
italics below = DCF projection · 10yr Rev CAGR: 6.5%
2026.Q4$7.2B+21.5%28.5%22.0%$1.6B−$4.0B−$2.4B7.8%−$2.2B7.5%$23.2B$4.7114.0
2027.Q4$7.7B+6.8%29.0%21.8%$1.7B−$1.5B$224MM7.9%$192MM7.3%$24.7B$5.1212.9
2028.Q4$8.2B+6.4%29.0%21.6%$1.9B−$1.5B$376MM8.0%$299MM7.3%$26.1B$5.4712.1
2029.Q4$8.6B+5.1%29.0%21.4%$2.0B−$1.2B$719MM8.1%$529MM7.3%$27.4B$5.7711.4
2030.Q4$9.0B+4.7%29.0%21.1%$2.1B−$1.2B$899MM8.2%$612MM7.3%$28.5B$6.0510.9
Term. Yr+$11.6B4.1%23.7%20.0%$2.2B−$1.0B$1.1B8.6%$11.6B8.6%
Active scenario IV: $21 (-68.4% vs market)