ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) Stock Fundamental Analysis
Europe - EBR:ABI - BE0974293251 - Common Stock
54.46 EUR
0 (0%)
Overall ABI gets a fundamental rating of 4 out of 10. We evaluated ABI against 27 industry peers in the Beverages industry. ABI has a medium profitability rating, but doesn't score so well on its financial health evaluation. ABI has a decent growth rate and is not valued too expensively.
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.
ABI had positive earnings in each of the past 5 years.
Each year in the past 5 years ABI had a positive operating cash flow.
1.2 Ratios
ABI has a Return On Assets of 3.37%. This is comparable to the rest of the industry: ABI outperforms 51.85% of its industry peers.
Looking at the Return On Equity, with a value of 8.82%, ABI is in line with its industry, outperforming 55.56% of the companies in the same industry.
ABI has a Return On Invested Capital of 6.35%. This is comparable to the rest of the industry: ABI outperforms 48.15% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ABI is in line with the industry average of 7.77%.
The last Return On Invested Capital (6.35%) for ABI is above the 3 year average (6.05%), which is a sign of increasing profitability.
| 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
The Profit Margin of ABI (12.16%) is better than 77.78% of its industry peers.
ABI's Profit Margin has declined in the last couple of years.
The Operating Margin of ABI (26.51%) is better than 81.48% of its industry peers.
In the last couple of years the Operating Margin of ABI has declined.
Looking at the Gross Margin, with a value of 55.70%, ABI is in the better half of the industry, outperforming 66.67% of the companies in the same industry.
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.
The number of shares outstanding for ABI has been reduced compared to 1 year ago.
ABI has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABI has an improved debt to assets ratio.
2.2 Solvency
ABI has an Altman-Z score of 1.70. This is a bad value and indicates that ABI is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.70, ABI is not doing good in the industry: 74.07% of the companies in the same industry are doing better.
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's Debt to FCF ratio of 6.48 is fine compared to the rest of the industry. ABI outperforms 74.07% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that ABI is somewhat dependend on debt financing.
ABI has a Debt to Equity ratio of 0.89. This is comparable to the rest of the industry: ABI outperforms 44.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 6.48 | ||
| Altman-Z | 1.7 |
ROIC/WACC1.04
WACC6.09%
2.3 Liquidity
A Current Ratio of 0.64 indicates that ABI may have some problems paying its short term obligations.
The Current ratio of ABI (0.64) is worse than 88.89% of its industry peers.
A Quick Ratio of 0.48 indicates that ABI may have some problems paying 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 70.37% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.64 | ||
| Quick Ratio | 0.48 |
3. Growth
3.1 Past
ABI shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 6.09%.
ABI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -1.83% yearly.
Looking at the last year, ABI shows a decrease in Revenue. The Revenue has decreased by -1.34% in the last year.
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 9.96% on average per year.
The Revenue is expected to grow by 4.20% on average over the next years.
EPS Next Y6.07%
EPS Next 2Y9.91%
EPS Next 3Y10.78%
EPS Next 5Y9.96%
Revenue Next Year0.88%
Revenue Next 2Y3.15%
Revenue Next 3Y3.33%
Revenue Next 5Y4.2%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
The Price/Earnings ratio is 17.18, which indicates a rather expensive current valuation of ABI.
62.96% of the companies in the same industry are more expensive than ABI, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 25.67. ABI is valued slightly cheaper when compared to this.
Based on the Price/Forward Earnings ratio of 14.81, the valuation of ABI can be described as correct.
The rest of the industry has a similar Price/Forward Earnings ratio as ABI.
The average S&P500 Price/Forward Earnings ratio is at 31.86. ABI is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.18 | ||
| Fwd PE | 14.81 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABI is valued a bit cheaper than the industry average as 70.37% of the companies are valued more expensively.
74.07% of the companies in the same industry are more expensive than ABI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 10.52 | ||
| EV/EBITDA | 9 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ABI has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)2.83
PEG (5Y)N/A
EPS Next 2Y9.91%
EPS Next 3Y10.78%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.35%, ABI has a reasonable but not impressive dividend return.
ABI's Dividend Yield is slightly below the industry average, which is at 2.81.
Compared to an average S&P500 Dividend Yield of 2.40, ABI's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
5.2 History
The dividend of ABI decreases each year by -12.03%.
Dividend Growth(5Y)-12.03%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
ABI 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 2Y9.91%
EPS Next 3Y10.78%
EBR:ABI (11/7/2025, 5:36:15 PM)
54.46
0 (0%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)
Earnings (Next)
Inst Owners20.3%
Inst Owner ChangeN/A
Ins Owners0.01%
Ins Owner ChangeN/A
Market Cap106.34B
Revenue(TTM)58.61B
Net Income(TTM)7.12B
Analysts83.13
Price Target68.26 (25.34%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.35% |
Yearly Dividend1.17
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)-1.4%
PT rev (3m)-7.58%
EPS NQ rev (1m)-4.47%
EPS NQ rev (3m)-7.37%
EPS NY rev (1m)-1.23%
EPS NY rev (3m)1.87%
Revenue NQ rev (1m)-1.62%
Revenue NQ rev (3m)-2.7%
Revenue NY rev (1m)-0.08%
Revenue NY rev (3m)-1.25%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 17.18 | ||
| Fwd PE | 14.81 | ||
| P/S | 2.1 | ||
| P/FCF | 10.52 | ||
| P/OCF | 8.07 | ||
| P/B | 1.52 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9 |
EPS(TTM)3.17
EY5.82%
EPS(NY)3.68
Fwd EY6.75%
FCF(TTM)5.18
FCFY9.51%
OCF(TTM)6.75
OCFY12.39%
SpS25.99
BVpS35.82
TBVpS-33.4
PEG (NY)2.83
PEG (5Y)N/A
Graham Number50.55
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 | 1.7 |
F-Score7
WACC6.09%
ROIC/WACC1.04
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 Y6.07%
EPS Next 2Y9.91%
EPS Next 3Y10.78%
EPS Next 5Y9.96%
Revenue 1Y (TTM)-1.34%
Revenue growth 3Y3.25%
Revenue growth 5Y2.69%
Sales Q2Q%0.58%
Revenue Next Year0.88%
Revenue Next 2Y3.15%
Revenue Next 3Y3.33%
Revenue Next 5Y4.2%
EBIT growth 1Y2.99%
EBIT growth 3Y2.81%
EBIT growth 5Y-1.1%
EBIT Next Year39.9%
EBIT Next 3Y16.24%
EBIT Next 5Y12%
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 5 / 10 to ANHEUSER-BUSCH INBEV SA/NV (ABI.BR). This can be considered as Fairly Valued.
Can you provide the profitability details for ANHEUSER-BUSCH INBEV SA/NV?
ANHEUSER-BUSCH INBEV SA/NV (ABI.BR) has a profitability rating of 6 / 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 2 / 10 and the dividend payout ratio is 51.68%.