Anheuser-Busch InBev
Market Cap
€121.6b
Last Updated
2021/05/12 19:14 UTC
Data Sources
Company Financials +
Executive Summary
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. More Details
Rewards
Risk Analysis
Snowflake Analysis
Fair value with concerning outlook.
Similar Companies
Share Price & News
How has Anheuser-Busch InBev's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ABI is not significantly more volatile than the rest of Belgian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: ABI's weekly volatility (4%) has been stable over the past year.
Market Performance
7 Day Return
5.1%
ABI
1.9%
BE Beverage
1.4%
BE Market
1 Year Return
66.7%
ABI
39.4%
BE Beverage
35.6%
BE Market
Return vs Industry: ABI exceeded the Belgian Beverage industry which returned 32.5% over the past year.
Return vs Market: ABI exceeded the Belgian Market which returned 31.5% over the past year.
Shareholder returns
| ABI | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.1% | 1.9% | 1.4% |
| 30 Day | 12.8% | 7.2% | 4.8% |
| 90 Day | 17.3% | 12.6% | 6.8% |
| 1 Year | 68.9%66.7% | 41.8%39.4% | 37.7%35.6% |
| 3 Year | -19.7%-22.7% | 10.3%4.7% | 0.9%-3.9% |
| 5 Year | -38.1%-43.5% | 13.8%3.5% | -0.8%-9.9% |
Long-Term Price Volatility Vs. Market
How volatile is Anheuser-Busch InBev's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall St
Is Now The Time To Look At Buying Anheuser-Busch InBev SA/NV (EBR:ABI)?2 weeks ago | Simply Wall St
Anheuser-Busch InBev (EBR:ABI) Takes On Some Risk With Its Use Of Debt1 month ago | Simply Wall St
What Kind Of Shareholders Own Anheuser-Busch InBev SA/NV (EBR:ABI)?Valuation
Is Anheuser-Busch InBev undervalued compared to its fair value and its price relative to the market?
37.3%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ABI (€61.68) is trading below our estimate of fair value (€98.38)
Significantly Below Fair Value: ABI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: ABI is poor value based on its PE Ratio (64.7x) compared to the European Beverage industry average (31.1x).
PE vs Market: ABI is poor value based on its PE Ratio (64.7x) compared to the Belgian market (19.5x).
Price to Earnings Growth Ratio
PEG Ratio: ABI is poor value based on its PEG Ratio (4.4x)
Price to Book Ratio
PB vs Industry: ABI is good value based on its PB Ratio (2.2x) compared to the XE Beverage industry average (2.5x).
Future Growth
How is Anheuser-Busch InBev forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?
14.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ABI's forecast earnings growth (14.6% per year) is above the savings rate (1.2%).
Earnings vs Market: ABI's earnings (14.6% per year) are forecast to grow slower than the Belgian market (15.7% per year).
High Growth Earnings: ABI's earnings are forecast to grow, but not significantly.
Revenue vs Market: ABI's revenue (4.8% per year) is forecast to grow slower than the Belgian market (5% per year).
High Growth Revenue: ABI's revenue (4.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ABI's Return on Equity is forecast to be low in 3 years time (9.9%).
Past Performance
How has Anheuser-Busch InBev performed over the past 5 years?
-11.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ABI has a large one-off loss of $3.1B impacting its March 31 2021 financial results.
Growing Profit Margin: ABI's current net profit margins (4.8%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: ABI's earnings have declined by 11.2% per year over the past 5 years.
Accelerating Growth: ABI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ABI had negative earnings growth (-17.2%) over the past year, making it difficult to compare to the Beverage industry average (-16.1%).
Return on Equity
High ROE: ABI's Return on Equity (4.2%) is considered low.
Financial Health
How is Anheuser-Busch InBev's financial position?
Financial Position Analysis
Short Term Liabilities: ABI's short term assets ($26.5B) do not cover its short term liabilities ($32.4B).
Long Term Liabilities: ABI's short term assets ($26.5B) do not cover its long term liabilities ($115.7B).
Debt to Equity History and Analysis
Debt Level: ABI's debt to equity ratio (122.9%) is considered high.
Reducing Debt: ABI's debt to equity ratio has increased from 109.6% to 122.9% over the past 5 years.
Debt Coverage: ABI's debt is not well covered by operating cash flow (11.3%).
Interest Coverage: ABI's interest payments on its debt are well covered by EBIT (3.4x coverage).
Balance Sheet
Dividend
What is Anheuser-Busch InBev current dividend yield, its reliability and sustainability?
0.78%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ABI's dividend (0.78%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.79%).
High Dividend: ABI's dividend (0.78%) is low compared to the top 25% of dividend payers in the Belgian market (4.33%).
Stability and Growth of Payments
Stable Dividend: ABI is not paying a notable dividend for the Belgian market, therefore no need to check if payments are stable.
Growing Dividend: ABI is not paying a notable dividend for the Belgian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: ABI is not paying a notable dividend for the Belgian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ABI's dividend in 3 years as they are not forecast to pay a notable one for the Belgian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.1yrs
Average management tenure
CEO
Carlos de Brito (60 yo)
15.42yrs
Tenure
US$2,600,000
Compensation
Mr. Carlos Alves de Brito has been the Chief Executive Officer of Anheuser-Busch Inbev SA (ABI) (formerly known as Anheuser-Busch InBev SA/NV) since December 2005. He has been a Co-Chairman of Ambev S.A. s...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Carlos's total compensation is reasonable compared to companies of similar size in the Belgian market.
Compensation vs Earnings: Carlos's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: ABI's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.
Board Members
Experienced Board: ABI's board of directors are considered experienced (6.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Anheuser-Busch InBev SA/NV's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Anheuser-Busch InBev SA/NV
- Ticker: ABI
- Exchange: ENXTBR
- Founded: NaN
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: €121.648b
- Shares outstanding: 1.97b
- Website: https://www.ab-inbev.com
Number of Employees
Location
- Anheuser-Busch InBev SA/NV
- Brouwerijplein 1
- Leuven
- Flemish Brabant
- 3000
- Belgium
Listings
Biography
Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/12 19:14 |
| End of Day Share Price | 2021/05/12 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.