ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:1ABI • BE0974293251

63.98 EUR
+9.6 (+17.65%)
Last: Feb 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership
Fundamental Rating

4

Taking everything into account, 1ABI scores 4 out of 10 in our fundamental rating. 1ABI was compared to 31 industry peers in the Beverages industry. There are concerns on the financial health of 1ABI while its profitability can be described as average. 1ABI is valied quite expensively at the moment, while it does show a decent growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

  • In the past year 1ABI was profitable.
  • In the past year 1ABI had a positive cash flow from operations.
  • In the past 5 years 1ABI has always been profitable.
  • In the past 5 years 1ABI always reported a positive cash flow from operatings.
1ABI.MI Yearly Net Income VS EBIT VS OCF VS FCF1ABI.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 5B 10B 15B

1.2 Ratios

  • The Return On Assets of 1ABI (3.37%) is comparable to the rest of the industry.
  • The Return On Equity of 1ABI (8.82%) is comparable to the rest of the industry.
  • 1ABI's Return On Invested Capital of 6.35% is on the low side compared to the rest of the industry. 1ABI is outperformed by 64.52% of its industry peers.
  • 1ABI had an Average Return On Invested Capital over the past 3 years of 6.05%. This is below the industry average of 8.06%.
  • The last Return On Invested Capital (6.35%) for 1ABI is above the 3 year average (6.05%), which is a sign of increasing profitability.
Industry RankSector 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%
1ABI.MI Yearly ROA, ROE, ROIC1ABI.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2 4 6 8 10

1.3 Margins

  • Looking at the Profit Margin, with a value of 12.16%, 1ABI belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
  • 1ABI's Profit Margin has declined in the last couple of years.
  • 1ABI's Operating Margin of 26.51% is fine compared to the rest of the industry. 1ABI outperforms 77.42% of its industry peers.
  • In the last couple of years the Operating Margin of 1ABI has declined.
  • With a decent Gross Margin value of 55.70%, 1ABI is doing good in the industry, outperforming 67.74% of the companies in the same industry.
  • 1ABI's Gross Margin has declined in the last couple of years.
Industry RankSector 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%
1ABI.MI Yearly Profit, Operating, Gross Margins1ABI.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

3

2. Health

2.1 Basic Checks

  • 1ABI has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
  • 1ABI has less shares outstanding than it did 1 year ago.
  • The number of shares outstanding for 1ABI has been increased compared to 5 years ago.
  • Compared to 1 year ago, 1ABI has an improved debt to assets ratio.
1ABI.MI Yearly Shares Outstanding1ABI.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B
1ABI.MI Yearly Total Debt VS Total Assets1ABI.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 50B 100B 150B 200B 250B

2.2 Solvency

  • 1ABI has an Altman-Z score of 1.82. This is not the best score and indicates that 1ABI is in the grey zone with still only limited risk for bankruptcy at the moment.
  • 1ABI has a Altman-Z score of 1.82. This is in the lower half of the industry: 1ABI underperforms 61.29% of its industry peers.
  • 1ABI has a debt to FCF ratio of 6.48. This is a slightly negative value and a sign of low solvency as 1ABI would need 6.48 years to pay back of all of its debts.
  • 1ABI's Debt to FCF ratio of 6.48 is fine compared to the rest of the industry. 1ABI outperforms 70.97% of its industry peers.
  • A Debt/Equity ratio of 0.89 indicates that 1ABI is somewhat dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.89, 1ABI is in line with its industry, outperforming 48.39% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.89
Debt/FCF 6.48
Altman-Z 1.82
ROIC/WACC1.01
WACC6.3%
1ABI.MI Yearly LT Debt VS Equity VS FCF1ABI.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B 100B

2.3 Liquidity

  • A Current Ratio of 0.64 indicates that 1ABI may have some problems paying its short term obligations.
  • Looking at the Current ratio, with a value of 0.64, 1ABI is doing worse than 90.32% of the companies in the same industry.
  • 1ABI has a Quick Ratio of 0.64. This is a bad value and indicates that 1ABI is not financially healthy enough and could expect problems in meeting its short term obligations.
  • With a Quick ratio value of 0.48, 1ABI is not doing good in the industry: 74.19% of the companies in the same industry are doing better.
Industry RankSector Rank
Current Ratio 0.64
Quick Ratio 0.48
1ABI.MI Yearly Current Assets VS Current Liabilites1ABI.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 10B 20B 30B 40B

More info and screens

WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

4

3. Growth

3.1 Past

  • 1ABI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.09%.
  • 1ABI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.83% yearly.
  • The Revenue has decreased by -1.34% in the past year.
  • 1ABI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.69% yearly.
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

  • The Earnings Per Share is expected to grow by 10.06% on average over the next years. This is quite good.
  • 1ABI is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.08% yearly.
EPS Next Y6.02%
EPS Next 2Y10.07%
EPS Next 3Y10.82%
EPS Next 5Y10.06%
Revenue Next Year0.47%
Revenue Next 2Y2.92%
Revenue Next 3Y3.14%
Revenue Next 5Y4.08%

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.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
1ABI.MI Yearly Revenue VS Estimates1ABI.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 20B 40B 60B
1ABI.MI Yearly EPS VS Estimates1ABI.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 1 2 3 4 5

More info and screens

Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 20.77, which indicates a rather expensive current valuation of 1ABI.
  • 1ABI's Price/Earnings is on the same level as the industry average.
  • 1ABI is valuated rather cheaply when we compare the Price/Earnings ratio to 28.23, which is the current average of the S&P500 Index.
  • A Price/Forward Earnings ratio of 17.89 indicates a rather expensive valuation of 1ABI.
  • 1ABI's Price/Forward Earnings is on the same level as the industry average.
  • When comparing the Price/Forward Earnings ratio of 1ABI to the average of the S&P500 Index (28.01), we can say 1ABI is valued slightly cheaper.
Industry RankSector Rank
PE 20.77
Fwd PE 17.89
1ABI.MI Price Earnings VS Forward Price Earnings1ABI.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • 1ABI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. 1ABI is cheaper than 61.29% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, 1ABI is valued a bit cheaper than the industry average as 74.19% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 12.73
EV/EBITDA 10.23
1ABI.MI Per share data1ABI.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1ABI does not grow enough to justify the current Price/Earnings ratio.
PEG (NY)3.45
PEG (5Y)N/A
EPS Next 2Y10.07%
EPS Next 3Y10.82%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

2

5. Dividend

5.1 Amount

  • 1ABI has a Yearly Dividend Yield of 1.22%.
  • Compared to an average industry Dividend Yield of 2.55, 1ABI is paying slightly less dividend.
  • Compared to the average S&P500 Dividend Yield of 1.79, 1ABI is paying slightly less dividend.
Industry RankSector Rank
Dividend Yield 1.22%

5.2 History

  • The dividend of 1ABI decreases each year by -12.03%.
Dividend Growth(5Y)-12.03%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 1ABI pays out 51.68% of its income as dividend. This is a bit on the high side, but may be sustainable.
DP51.68%
EPS Next 2Y10.07%
EPS Next 3Y10.82%
1ABI.MI Yearly Income VS Free CF VS Dividend1ABI.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2B 4B 6B 8B 10B
1ABI.MI Dividend Payout.1ABI.MI Dividend Payout, showing the Payout Ratio.1ABI.MI Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

ANHEUSER-BUSCH INBEV SA/NV

BIT:1ABI (2/6/2026, 7:00:00 PM)

63.98

+9.6 (+17.65%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)10-30
Earnings (Next)02-12
Inst Owners20.5%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap124.79B
Revenue(TTM)58.61B
Net Income(TTM)7.12B
Analysts83.23
Price Target68.8 (7.53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 1.22%
Yearly Dividend1.16
Dividend Growth(5Y)-12.03%
DP51.68%
Div Incr Years0
Div Non Decr Years0
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)0.1%
PT rev (3m)-1.02%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-4.66%
EPS NY rev (1m)-0.05%
EPS NY rev (3m)-1.11%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.81%
Revenue NY rev (1m)-0.41%
Revenue NY rev (3m)-0.74%
Valuation
Industry RankSector Rank
PE 20.77
Fwd PE 17.89
P/S 2.54
P/FCF 12.73
P/OCF 9.77
P/B 1.84
P/tB N/A
EV/EBITDA 10.23
EPS(TTM)3.08
EY4.81%
EPS(NY)3.58
Fwd EY5.59%
FCF(TTM)5.03
FCFY7.86%
OCF(TTM)6.55
OCFY10.24%
SpS25.23
BVpS34.78
TBVpS-32.42
PEG (NY)3.45
PEG (5Y)N/A
Graham Number49.09
Profitability
Industry RankSector 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 RankSector 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 1.82
F-Score7
WACC6.3%
ROIC/WACC1.01
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 5Y10.06%
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 5Y4.08%
EBIT growth 1Y2.99%
EBIT growth 3Y2.81%
EBIT growth 5Y-1.1%
EBIT Next Year40.22%
EBIT Next 3Y16.41%
EBIT Next 5Y11.68%
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 / 1ABI.MI FAQ

Can you provide the ChartMill fundamental rating for ANHEUSER-BUSCH INBEV SA/NV?

ChartMill assigns a fundamental rating of 4 / 10 to 1ABI.MI.


What is the valuation status of ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) stock?

ChartMill assigns a valuation rating of 3 / 10 to ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI). This can be considered as Overvalued.


How profitable is ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) stock?

ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) has a profitability rating of 5 / 10.


Can you provide the financial health for 1ABI stock?

The financial health rating of ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) is 3 / 10.


How sustainable is the dividend of ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) stock?

The dividend rating of ANHEUSER-BUSCH INBEV SA/NV (1ABI.MI) is 2 / 10 and the dividend payout ratio is 51.68%.