ANHEUSER-BUSCH INBEV SA/NV (1NBA.DE) Stock Fundamental Analysis
FRA:1NBA - Deutsche Boerse Ag - BE0974293251 - Common Stock - Currency: EUR
1NBA gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 25 industry peers in the Beverages industry. 1NBA has a medium profitability rating, but doesn't score so well on its financial health evaluation. 1NBA is valued correctly, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
1NBA had positive earnings in the past year.
In the past year 1NBA had a positive cash flow from operations.
Of the past 5 years 1NBA 4 years were profitable.
1NBA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of 1NBA (2.81%) is comparable to the rest of the industry.
1NBA has a Return On Equity (7.55%) which is comparable to the rest of the industry.
1NBA has a Return On Invested Capital (6.49%) which is comparable to the rest of the industry.
1NBA had an Average Return On Invested Capital over the past 3 years of 6.15%. This is in line with the industry average of 7.88%.
The 3 year average ROIC (6.15%) for 1NBA is below the current ROIC(6.49%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.81% | ||
| ROE | 7.55% | ||
| ROIC | 6.49% |
ROA(3y)2.46%
ROA(5y)2.38%
ROE(3y)7.15%
ROE(5y)7.13%
ROIC(3y)6.15%
ROIC(5y)5.9%
1.3 Margins
The Profit Margin of 1NBA (9.89%) is better than 65.38% of its industry peers.
1NBA's Profit Margin has improved in the last couple of years.
1NBA has a Operating Margin of 25.14%. This is in the better half of the industry: 1NBA outperforms 76.92% of its industry peers.
In the last couple of years the Operating Margin of 1NBA has declined.
With a Gross Margin value of 54.48%, 1NBA perfoms like the industry average, outperforming 57.69% of the companies in the same industry.
In the last couple of years the Gross Margin of 1NBA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.14% | ||
| PM (TTM) | 9.89% | ||
| GM | 54.48% |
OM growth 3Y-2.27%
OM growth 5Y-5.36%
PM growth 3Y44.25%
PM growth 5Y1.77%
GM growth 3Y-2.5%
GM growth 5Y-2.91%
2. Health
2.1 Basic Checks
1NBA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
1NBA has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
2.2 Solvency
Based on the Altman-Z score of 1.68, we must say that 1NBA is in the distress zone and has some risk of bankruptcy.
1NBA's Altman-Z score of 1.68 is on the low side compared to the rest of the industry. 1NBA is outperformed by 73.08% of its industry peers.
The Debt to FCF ratio of 1NBA is 7.84, which is on the high side as it means it would take 1NBA, 7.84 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of 1NBA (7.84) is better than 65.38% of its industry peers.
A Debt/Equity ratio of 0.97 indicates that 1NBA is somewhat dependend on debt financing.
1NBA has a Debt to Equity ratio (0.97) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 7.84 | ||
| Altman-Z | 1.68 |
ROIC/WACC1.05
WACC6.21%
2.3 Liquidity
A Current Ratio of 0.69 indicates that 1NBA may have some problems paying its short term obligations.
1NBA has a worse Current ratio (0.69) than 80.77% of its industry peers.
1NBA has a Quick Ratio of 0.69. This is a bad value and indicates that 1NBA is not financially healthy enough and could expect problems in meeting its short term obligations.
1NBA has a worse Quick ratio (0.51) than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.51 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 15.08% over the past year.
1NBA shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.83% yearly.
EPS 1Y (TTM)15.08%
EPS 3Y4.79%
EPS 5Y-1.83%
EPS Q2Q%7.32%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.54%
3.2 Future
1NBA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.70% yearly.
1NBA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.75% yearly.
EPS Next Y1.23%
EPS Next 2Y7.16%
EPS Next 3Y12.23%
EPS Next 5Y11.7%
Revenue Next Year1.44%
Revenue Next 2Y2.97%
Revenue Next 3Y3.98%
Revenue Next 5Y5.75%
3.3 Evolution
The EPS 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 18.03, 1NBA is valued on the expensive side.
Based on the Price/Earnings ratio, 1NBA is valued a bit cheaper than 73.08% of the companies in the same industry.
1NBA's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 29.35.
1NBA is valuated rather expensively with a Price/Forward Earnings ratio of 17.80.
1NBA's Price/Forward Earnings ratio is in line with the industry average.
1NBA is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 17.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, 1NBA is valued a bit cheaper than 76.92% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, 1NBA is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 12.41 | ||
| EV/EBITDA | 9.27 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates 1NBA does not grow enough to justify the current Price/Earnings ratio.
1NBA's earnings are expected to grow with 12.23% in the coming years. This may justify a more expensive valuation.
PEG (NY)14.7
PEG (5Y)N/A
EPS Next 2Y7.16%
EPS Next 3Y12.23%
5. Dividend
5.1 Amount
1NBA has a yearly dividend return of 0.99%, which is pretty low.
With a Dividend Yield of 0.99, 1NBA pays less dividend than the industry average, which is at 2.64. 84.62% of the companies listed in the same industry pay a better dividend than 1NBA!
With a Dividend Yield of 0.99, 1NBA pays less dividend than the S&P500 average, which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
5.2 History
The dividend of 1NBA decreases each year by -17.57%.
Dividend Growth(5Y)-17.57%
Div Incr Years2
Div Non Decr Years3
5.3 Sustainability
54.53% of the earnings are spent on dividend by 1NBA. This is a bit on the high side, but may be sustainable.
DP54.53%
EPS Next 2Y7.16%
EPS Next 3Y12.23%
FRA:1NBA (3/7/2025, 7:00:00 PM)
58.24
+0.48 (+0.83%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners17.94%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap113.94B
Analysts80.59
Price Target70.88 (21.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.99% |
Yearly Dividend1.4
Dividend Growth(5Y)-17.57%
DP54.53%
Div Incr Years2
Div Non Decr Years3
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.56%
Min EPS beat(2)4.3%
Max EPS beat(2)10.83%
EPS beat(4)4
Avg EPS beat(4)5.47%
Min EPS beat(4)1.97%
Max EPS beat(4)10.83%
EPS beat(8)8
Avg EPS beat(8)8.38%
EPS beat(12)10
Avg EPS beat(12)8.75%
EPS beat(16)12
Avg EPS beat(16)5.85%
Revenue beat(2)1
Avg Revenue beat(2)-0.24%
Min Revenue beat(2)-1.31%
Max Revenue beat(2)0.82%
Revenue beat(4)1
Avg Revenue beat(4)-2.53%
Min Revenue beat(4)-7.51%
Max Revenue beat(4)0.82%
Revenue beat(8)1
Avg Revenue beat(8)-2.34%
Revenue beat(12)5
Avg Revenue beat(12)-1.01%
Revenue beat(16)8
Avg Revenue beat(16)0.06%
PT rev (1m)4.37%
PT rev (3m)1.06%
EPS NQ rev (1m)-0.59%
EPS NQ rev (3m)-0.59%
EPS NY rev (1m)-0.66%
EPS NY rev (3m)-0.83%
Revenue NQ rev (1m)-0.37%
Revenue NQ rev (3m)-0.37%
Revenue NY rev (1m)-0.42%
Revenue NY rev (3m)-2.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.03 | ||
| Fwd PE | 17.8 | ||
| P/S | 2.06 | ||
| P/FCF | 12.41 | ||
| P/OCF | 8.69 | ||
| P/B | 1.58 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.27 |
EPS(TTM)3.23
EY5.55%
EPS(NY)3.27
Fwd EY5.62%
FCF(TTM)4.69
FCFY8.06%
OCF(TTM)6.7
OCFY11.51%
SpS28.21
BVpS36.97
TBVpS-35.61
PEG (NY)14.7
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.81% | ||
| ROE | 7.55% | ||
| ROCE | 8.36% | ||
| ROIC | 6.49% | ||
| ROICexc | 6.78% | ||
| ROICexgc | 63.66% | ||
| OM | 25.14% | ||
| PM (TTM) | 9.89% | ||
| GM | 54.48% | ||
| FCFM | 16.64% |
ROA(3y)2.46%
ROA(5y)2.38%
ROE(3y)7.15%
ROE(5y)7.13%
ROIC(3y)6.15%
ROIC(5y)5.9%
ROICexc(3y)6.54%
ROICexc(5y)6.27%
ROICexgc(3y)76.95%
ROICexgc(5y)66.93%
ROCE(3y)7.92%
ROCE(5y)7.63%
ROICexcg growth 3Y15.24%
ROICexcg growth 5Y-12.95%
ROICexc growth 3Y7.38%
ROICexc growth 5Y-1.64%
OM growth 3Y-2.27%
OM growth 5Y-5.36%
PM growth 3Y44.25%
PM growth 5Y1.77%
GM growth 3Y-2.5%
GM growth 5Y-2.91%
F-Score7
Asset Turnover0.28
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.97 | ||
| Debt/FCF | 7.84 | ||
| Debt/EBITDA | 3.68 | ||
| Cap/Depr | 76.77% | ||
| Cap/Sales | 7.12% | ||
| Interest Coverage | 4.24 | ||
| Cash Conversion | 69.03% | ||
| Profit Quality | 168.21% | ||
| Current Ratio | 0.69 | ||
| Quick Ratio | 0.51 | ||
| Altman-Z | 1.68 |
F-Score7
WACC6.21%
ROIC/WACC1.05
Cap/Depr(3y)99.66%
Cap/Depr(5y)97.67%
Cap/Sales(3y)9.04%
Cap/Sales(5y)9.02%
Profit Quality(3y)164.66%
Profit Quality(5y)219.33%
High Growth Momentum
Growth
EPS 1Y (TTM)15.08%
EPS 3Y4.79%
EPS 5Y-1.83%
EPS Q2Q%7.32%
EPS Next Y1.23%
EPS Next 2Y7.16%
EPS Next 3Y12.23%
EPS Next 5Y11.7%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%2.54%
Revenue Next Year1.44%
Revenue Next 2Y2.97%
Revenue Next 3Y3.98%
Revenue Next 5Y5.75%
EBIT growth 1Y2.25%
EBIT growth 3Y5.74%
EBIT growth 5Y-3.2%
EBIT Next Year39.94%
EBIT Next 3Y14.48%
EBIT Next 5Y12.76%
FCF growth 1Y31.63%
FCF growth 3Y6.66%
FCF growth 5Y-1.23%
OCF growth 1Y9.16%
OCF growth 3Y6.79%
OCF growth 5Y-1.33%