ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) Stock Fundamental Analysis
Europe - Euronext Brussels - EBR:ABI - BE0974293251 - Common Stock
54.88 EUR
+0.5 (+0.92%)
We assign a fundamental rating of 4 out of 10 to ABI. ABI was compared to 26 industry peers in the Beverages industry. There are concerns on the financial health of ABI while its profitability can be described as average. While showing a medium growth rate, ABI is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
ABI had positive earnings in the past year.
In the past year ABI had a positive cash flow from operations.
Each year in the past 5 years ABI has been profitable.
In the past 5 years ABI always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 3.37%, ABI is in line with its industry, outperforming 42.31% of the companies in the same industry.
With a Return On Equity value of 8.82%, ABI perfoms like the industry average, outperforming 42.31% of the companies in the same industry.
With a Return On Invested Capital value of 6.35%, ABI is not doing good in the industry: 69.23% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for ABI is in line with the industry average of 7.67%.
The 3 year average ROIC (6.05%) for ABI is below the current ROIC(6.35%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 8.82% | ||
| ROIC | 6.35% |
ROA(3y)2.69%
ROA(5y)2.17%
ROE(3y)7.38%
ROE(5y)6.2%
ROIC(3y)6.05%
ROIC(5y)5.66%
1.3 Margins
ABI has a Profit Margin of 12.16%. This is in the better half of the industry: ABI outperforms 73.08% of its industry peers.
ABI's Profit Margin has declined in the last couple of years.
ABI's Operating Margin of 26.51% is fine compared to the rest of the industry. ABI outperforms 76.92% of its industry peers.
In the last couple of years the Operating Margin of ABI has declined.
ABI has a better Gross Margin (55.70%) than 61.54% of its industry peers.
ABI's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.51% | ||
| PM (TTM) | 12.16% | ||
| GM | 55.7% |
OM growth 3Y-0.42%
OM growth 5Y-3.7%
PM growth 3Y4.44%
PM growth 5Y-10.98%
GM growth 3Y-1.3%
GM growth 5Y-1.99%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), ABI is creating some value.
Compared to 1 year ago, ABI has less shares outstanding
The number of shares outstanding for ABI has been increased compared to 5 years ago.
The debt/assets ratio for ABI has been reduced compared to a year ago.
2.2 Solvency
ABI has an Altman-Z score of 1.71. This is a bad value and indicates that ABI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.71, ABI is doing worse than 69.23% of the companies in the same industry.
The Debt to FCF ratio of ABI is 6.48, which is on the high side as it means it would take ABI, 6.48 years of fcf income to pay off all of its debts.
ABI has a better Debt to FCF ratio (6.48) than 73.08% of its industry peers.
ABI has a Debt/Equity ratio of 0.89. This is a neutral value indicating ABI is somewhat dependend on debt financing.
ABI's Debt to Equity ratio of 0.89 is in line compared to the rest of the industry. ABI outperforms 42.31% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 6.48 | ||
| Altman-Z | 1.71 |
ROIC/WACC1.05
WACC6.06%
2.3 Liquidity
A Current Ratio of 0.64 indicates that ABI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.64, ABI is doing worse than 96.15% of the companies in the same industry.
ABI has a Quick Ratio of 0.64. This is a bad value and indicates that ABI is not financially healthy enough and could expect problems in meeting its short term obligations.
ABI's Quick ratio of 0.48 is on the low side compared to the rest of the industry. ABI is outperformed by 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.09% over the past year.
ABI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.83% yearly.
ABI shows a decrease in Revenue. In the last year, the revenue decreased by -1.34%.
Measured over the past years, ABI shows a small growth in Revenue. The Revenue has been growing by 2.69% on average per year.
EPS 1Y (TTM)6.09%
EPS 3Y4.79%
EPS 5Y-1.83%
EPS Q2Q%1.02%
Revenue 1Y (TTM)-1.34%
Revenue growth 3Y3.25%
Revenue growth 5Y2.69%
Sales Q2Q%0.58%
3.2 Future
Based on estimates for the next years, ABI will show a quite strong growth in Earnings Per Share. The EPS will grow by 10.40% on average per year.
The Revenue is expected to grow by 4.14% on average over the next years.
EPS Next Y6.02%
EPS Next 2Y10.07%
EPS Next 3Y10.82%
EPS Next 5Y10.4%
Revenue Next Year0.47%
Revenue Next 2Y2.92%
Revenue Next 3Y3.14%
Revenue Next 5Y4.14%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 17.65, ABI is valued on the expensive side.
ABI's Price/Earnings ratio is in line with the industry average.
The average S&P500 Price/Earnings ratio is at 26.84. ABI is valued slightly cheaper when compared to this.
ABI is valuated correctly with a Price/Forward Earnings ratio of 15.21.
ABI's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 23.40. ABI is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.65 | ||
| Fwd PE | 15.21 |
4.2 Price Multiples
ABI's Enterprise Value to EBITDA is on the same level as the industry average.
ABI's Price/Free Cash Flow ratio is a bit cheaper when compared to the industry. ABI is cheaper than 69.23% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.82 | ||
| EV/EBITDA | 9.11 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ABI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)2.93
PEG (5Y)N/A
EPS Next 2Y10.07%
EPS Next 3Y10.82%
5. Dividend
5.1 Amount
No dividends for ABI!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
EBR:ABI (12/29/2025, 7:00:00 PM)
54.88
+0.5 (+0.92%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners20.47%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap107.04B
Revenue(TTM)58.61B
Net Income(TTM)7.12B
Analysts81.94
Price Target68.77 (25.31%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
Yearly Dividend1.15
Dividend Growth(5Y)-12.03%
DP51.68%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.58%
Min EPS beat(2)1.01%
Max EPS beat(2)8.16%
EPS beat(4)4
Avg EPS beat(4)8.8%
Min EPS beat(4)1.01%
Max EPS beat(4)20.27%
EPS beat(8)8
Avg EPS beat(8)7.13%
EPS beat(12)12
Avg EPS beat(12)8.52%
EPS beat(16)14
Avg EPS beat(16)8.77%
Revenue beat(2)0
Avg Revenue beat(2)-2.69%
Min Revenue beat(2)-3.28%
Max Revenue beat(2)-2.1%
Revenue beat(4)1
Avg Revenue beat(4)-1.25%
Min Revenue beat(4)-4.2%
Max Revenue beat(4)4.57%
Revenue beat(8)2
Avg Revenue beat(8)-1.89%
Revenue beat(12)2
Avg Revenue beat(12)-1.98%
Revenue beat(16)6
Avg Revenue beat(16)-1.07%
PT rev (1m)-0.03%
PT rev (3m)-0.66%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.66%
EPS NY rev (1m)-0.31%
EPS NY rev (3m)-1.28%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)-0.16%
Revenue NY rev (3m)-0.74%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.65 | ||
| Fwd PE | 15.21 | ||
| P/S | 2.16 | ||
| P/FCF | 10.82 | ||
| P/OCF | 8.31 | ||
| P/B | 1.56 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.11 |
EPS(TTM)3.11
EY5.67%
EPS(NY)3.61
Fwd EY6.57%
FCF(TTM)5.07
FCFY9.24%
OCF(TTM)6.61
OCFY12.04%
SpS25.46
BVpS35.09
TBVpS-32.71
PEG (NY)2.93
PEG (5Y)N/A
Graham Number49.55
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.37% | ||
| ROE | 8.82% | ||
| ROCE | 8.71% | ||
| ROIC | 6.35% | ||
| ROICexc | 6.62% | ||
| ROICexgc | 76.01% | ||
| OM | 26.51% | ||
| PM (TTM) | 12.16% | ||
| GM | 55.7% | ||
| FCFM | 19.92% |
ROA(3y)2.69%
ROA(5y)2.17%
ROE(3y)7.38%
ROE(5y)6.2%
ROIC(3y)6.05%
ROIC(5y)5.66%
ROICexc(3y)6.43%
ROICexc(5y)6.06%
ROICexgc(3y)81%
ROICexgc(5y)72.75%
ROCE(3y)8.3%
ROCE(5y)7.79%
ROICexgc growth 3Y11.31%
ROICexgc growth 5Y15.72%
ROICexc growth 3Y4.65%
ROICexc growth 5Y2.73%
OM growth 3Y-0.42%
OM growth 5Y-3.7%
PM growth 3Y4.44%
PM growth 5Y-10.98%
GM growth 3Y-1.3%
GM growth 5Y-1.99%
F-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 6.48 | ||
| Debt/EBITDA | 3.44 | ||
| Cap/Depr | 65.6% | ||
| Cap/Sales | 6.04% | ||
| Interest Coverage | 4.35 | ||
| Cash Conversion | 72.68% | ||
| Profit Quality | 163.87% | ||
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.48 | ||
| Altman-Z | 1.71 |
F-Score7
WACC6.06%
ROIC/WACC1.05
Cap/Depr(3y)85.67%
Cap/Depr(5y)89.39%
Cap/Sales(3y)7.73%
Cap/Sales(5y)8.33%
Profit Quality(3y)163.01%
Profit Quality(5y)238.24%
High Growth Momentum
Growth
EPS 1Y (TTM)6.09%
EPS 3Y4.79%
EPS 5Y-1.83%
EPS Q2Q%1.02%
EPS Next Y6.02%
EPS Next 2Y10.07%
EPS Next 3Y10.82%
EPS Next 5Y10.4%
Revenue 1Y (TTM)-1.34%
Revenue growth 3Y3.25%
Revenue growth 5Y2.69%
Sales Q2Q%0.58%
Revenue Next Year0.47%
Revenue Next 2Y2.92%
Revenue Next 3Y3.14%
Revenue Next 5Y4.14%
EBIT growth 1Y2.99%
EBIT growth 3Y2.81%
EBIT growth 5Y-1.1%
EBIT Next Year40.22%
EBIT Next 3Y16.41%
EBIT Next 5Y11.94%
FCF growth 1Y56.54%
FCF growth 3Y6.91%
FCF growth 5Y4.78%
OCF growth 1Y19.49%
OCF growth 3Y0.57%
OCF growth 5Y1.41%
ANHEUSER-BUSCH INBEV SA/NV / ABI.BR FAQ
What is the ChartMill fundamental rating of ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) stock?
ChartMill assigns a fundamental rating of 4 / 10 to ABI.BR.
What is the valuation status for ABI stock?
ChartMill assigns a valuation rating of 3 / 10 to ANHEUSER-BUSCH INBEV SA/NV (ABI.BR). This can be considered as Overvalued.
Can you provide the profitability details for ANHEUSER-BUSCH INBEV SA/NV?
ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) has a profitability rating of 5 / 10.
What is the financial health of ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) stock?
The financial health rating of ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) is 3 / 10.
Can you provide the dividend sustainability for ABI stock?
The dividend rating of ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) is 0 / 10 and the dividend payout ratio is 51.68%.