(ABI) Anheuser Busch Inbev - BR
Sector: Consumer Defensive | Industry: Beverages - Brewers | Exchange: BR (Belgium) | Market Cap: 137.909m EUR | Total Return: 16.9% in 12m
Avg Turnover: 131M
EPS Trend: 52.9%
Qual. Beats: 0
Rev. Trend: 7.1%
Qual. Beats: 1
Warnings
No concerns identified
Tailwinds
Idiosyncratic Leader, Confidence
Anheuser-Busch InBev SA/NV is a global beverage manufacturer operating across six geographical segments, including North America, Middle Americas, and Asia Pacific. The company maintains a portfolio of approximately 500 brands, headlined by global labels such as Budweiser, Corona, and Stella Artois. Beyond traditional beer, the business has diversified into flavored malt beverages, ready-to-drink cocktails, and energy drinks.
The company utilizes a vertically integrated business model that controls production, global distribution, and proprietary digital commerce platforms like BEES and Zé Delivery. As a dominant player in the Consumer Staples sector, the firm benefits from high barriers to entry due to the significant capital investment required for large-scale brewing and logistics infrastructure. The brewing industry is characterized by significant brand equity, where consumer loyalty to core labels provides a defensive buffer during economic volatility.
Investors can further analyze the companys valuation metrics and dividend history on ValueRay. Founded in 1366 and headquartered in Belgium, the firm evolved into its current structure following the 2008 merger between InBev and Anheuser-Busch.
- Premium brand growth offsets volume declines in mature North American markets
- BEES digital platform expansion improves operating margins and customer retention
- Emerging market exposure drives volume growth in Middle and South America
- Deleveraging and debt reduction targets support increased capital returns to shareholders
| Net Income: 7.25b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA -0.08 > 1.0 |
| NWC/Revenue: -15.92% < 20% (prev -17.11%; Δ 1.18% < -1%) |
| CFO/TA 0.07 > 3% & CFO 15.5b > Net Income 7.25b |
| Net Debt (63.5b) to EBITDA (22.0b): 2.89 < 3 |
| Current Ratio: 0.72 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.98b) vs 12m ago -3.20% < -2% |
| Gross Margin: 56.17% > 18% (prev 55.59%; Δ 0.58% > 0.5%) |
| Asset Turnover: 28.65% > 50% (prev 28.48%; Δ 0.18% > 0%) |
| Interest Coverage Ratio: 4.41 > 6 (EBIT TTM 16.3b / Interest Expense TTM 3.70b) |
| A: -0.04 (Total Current Assets 24.8b - Total Current Liabilities 34.5b) / Total Assets 219b |
| B: 0.23 (Retained Earnings 50.1b / Total Assets 219b) |
| C: 0.08 (EBIT TTM 16.3b / Avg Total Assets 213b) |
| D: 0.72 (Book Value of Equity 87.3b / Total Liabilities 121b) |
| Altman-Z'' = 1.73 = BBB |
| DSRI: 1.22 (Receivables 6.95b/5.50b, Revenue 61.0b/58.8b) |
| GMI: 0.99 (GM 55.59% / 56.17%) |
| AQI: 1.00 (AQ_t 0.78 / AQ_t-1 0.77) |
| SGI: 1.04 (Revenue 61.0b / 58.8b) |
| TATA: -0.04 (NI 7.25b - CFO 15.5b) / TA 219b) |
| Beneish M = -2.83 (Cap -4..+1) = A |
As of June 17, 2026, the stock is trading at EUR 71.18 with a total of 2,244,824 shares traded.
Over the past week, the price has changed by +1.86%,
over one month by +2.24%,
over three months by +13.42% and
over the past year by +16.94%.
Anheuser Busch Inbev has no consensus analysts rating.
Market Cap USD = 160b (138b EUR * 1.1597 EUR.USD)
P/E Trailing = 22.8462
P/E Forward = 19.0114
P/S = 2.2623
P/B = 1.8289
P/EG = 1.9262
Revenue TTM = 61.0b USD
EBIT TTM = 16.3b USD
EBITDA TTM = 22.0b USD
Long Term Debt = 72.1b USD (from longTermDebt, last quarter)
Short Term Debt = 899.1m USD (from shortTermDebt, last quarter)
Debt = 75.4b USD (from shortLongTermDebtTotal, last quarter) + Leases 2.40b
Net Debt = 63.5b USD (calculated: Debt 75.4b - CCE 11.9b)
Enterprise Value = 223b USD (160b + Debt 75.4b - CCE 11.9b)
Interest Coverage Ratio = 4.41 (Ebit TTM 16.3b / Interest Expense TTM 3.70b)
EV/FCF = 19.12x (Enterprise Value 223b / FCF TTM 11.7b)
FCF Yield = 5.23% (FCF TTM 11.7b / Enterprise Value 223b)
FCF Margin = 19.17% (FCF TTM 11.7b / Revenue TTM 61.0b)
Net Margin = 11.90% (Net Income TTM 7.25b / Revenue TTM 61.0b)
Gross Margin = 56.17% ((Revenue TTM 61.0b - Cost of Revenue TTM 26.7b) / Revenue TTM)
Gross Margin QoQ = 56.64% (prev 55.36%)
Tobins Q-Ratio = 1.02 (Enterprise Value 223b / Total Assets 219b)
Interest Expense / Debt = 4.91% (Interest Expense 3.70b / Debt 75.4b)
Taxrate = 25.72% (2.97b / 11.6b)
NOPAT = 12.1b (EBIT 16.3b * (1 - 25.72%))
Current Ratio = 0.72 (Total Current Assets 24.8b / Total Current Liabilities 34.5b)
Debt / Equity = 0.86 (Debt 75.4b / totalStockholderEquity, last quarter 87.3b)
Debt / EBITDA = 2.89 (Net Debt 63.5b / EBITDA 22.0b)
Debt / FCF = 5.43 (Net Debt 63.5b / FCF TTM 11.7b)
Total Stockholder Equity = 83.7b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.41% (Net Income 7.25b / Total Assets 219b)
RoE = 8.66% (Net Income TTM 7.25b / Total Stockholder Equity 83.7b)
RoCE = 10.49% (EBIT 16.3b / Capital Employed (Equity 83.7b + L.T.Debt 72.1b))
RoIC = 6.66% (NOPAT 12.1b / Invested Capital 182b)
WACC = 4.86% (E(160b)/V(235b) * Re(5.43%) + D(75.4b)/V(235b) * Rd(4.91%) * (1-Tc(0.26)))
Discount Rate = 5.43% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -59.68 | Cagr: -0.84%
[DCF] Terminal Value 76.00% ; FCFF base≈11.5b ; Y1≈12.0b ; Y5≈13.6b
[DCF] Fair Price = 85.59 (EV 210b - Net Debt 63.5b = Equity 147b / Shares 1.71b; r=8.35% [WACC [floored]]; 5y FCF grow 4.40% → 2.50% )
EPS Correlation: 52.94 | EPS CAGR: 3.37% | SUE: 0.49 | # QB: 0
Revenue Correlation: 7.11 | Revenue CAGR: 0.09% | SUE: 0.93 | # QB: 1
EPS current Quarter (2026-06-30): EPS=1.12 | Chg30d=+2.58% | Revisions=+43% | Analysts=5
EPS next Quarter (2026-09-30): EPS=1.17 | Chg30d=+2.98% | Revisions=+25% | Analysts=5
EPS current Year (2026-12-31): EPS=4.41 | Chg30d=-0.10% | Revisions=+85% | GrowthEPS=+18.1% | GrowthRev=+8.5%
EPS next Year (2027-12-31): EPS=4.87 | Chg30d=N/A | Revisions=+63% | GrowthEPS=+10.5% | GrowthRev=+3.8%
[Analyst] Revisions Ratio: +85%