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Executive Summary

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. More Details

Snowflake Analysis

Fair value with moderate growth potential.

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




BE Beverage


BE Market

1 Year Return




BE Beverage


BE Market

Return vs Industry: ABI exceeded the Belgian Beverage industry which returned -1.2% over the past year.

Return vs Market: ABI underperformed the Belgian Market which returned 2.9% over the past year.

Shareholder returns

7 Day1.9%0.7%-0.7%
30 Day-6.8%-2.4%-1.4%
90 Day-12.4%-3.6%-2.1%
1 Year2.0%1.3%3.2%1.5%6.2%4.7%
3 Year-42.9%-45.6%-6.7%-11.7%-13.4%-18.2%
5 Year-46.0%-51.1%4.1%-5.7%-4.3%-13.7%

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


Is Anheuser-Busch InBev undervalued compared to its fair value and its price relative to the market?


Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ABI (€50.83) is trading below our estimate of fair value (€81.42)

Significantly Below Fair Value: ABI is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: ABI is unprofitable, so we can't compare its PE Ratio to the XE Beverage industry average.

PE vs Market: ABI is unprofitable, so we can't compare its PE Ratio to the Belgian market.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ABI's PEG Ratio to determine if it is good value.

Price to Book Ratio

PB vs Industry: ABI is good value based on its PB Ratio (1.8x) compared to the XE Beverage industry average (2.3x).

Next Steps

Future Growth

How is Anheuser-Busch InBev forecast to perform in the next 1 to 3 years based on estimates from 26 analysts?


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.4%).

Earnings vs Market: ABI is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ABI's is expected to become profitable in the next 3 years.

Revenue vs Market: ABI's revenue (5.1% per year) is forecast to grow slower than the Belgian market (6.5% per year).

High Growth Revenue: ABI's revenue (5.1% 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 (9.6%).

Next Steps

Past Performance

How has Anheuser-Busch InBev performed over the past 5 years?


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ABI is currently unprofitable.

Growing Profit Margin: ABI is currently unprofitable.

Past Earnings Growth Analysis

Earnings Trend: ABI is unprofitable, and losses have increased over the past 5 years at a rate of 12.1% per year.

Accelerating Growth: Unable to compare ABI's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ABI is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (-7.4%).

Return on Equity

High ROE: ABI has a negative Return on Equity (0.19%), as it is currently unprofitable.

Next Steps

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 108.4% 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 is unprofitable, therefore interest payments are not well covered by earnings.

Balance Sheet

Next Steps


What is Anheuser-Busch InBev current dividend yield, its reliability and sustainability?


Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: ABI's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the Belgian market (1.74%).

High Dividend: ABI's dividend (0.98%) is low compared to the top 25% of dividend payers in the Belgian market (4.44%).

Stability and Growth of Payments

Stable Dividend: ABI's dividend payments have been volatile in the past 10 years.

Growing Dividend: ABI's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Dividend Coverage: ABI is paying a dividend but the company is unprofitable.

Future Payout to Shareholders

Future Dividend Coverage: ABI's dividends in 3 years are forecast to be well covered by earnings (36.9% payout ratio).

Next Steps


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Carlos de Brito (60 yo)





Mr. Carlos Alves de Brito has been the Chief Executive Officer of Anheuser-Busch InBev SA/NV since December 2005. Mr. de Brito served as Sales Director of Cervejarias Kaiser Brasil S/A. He served as Zone P...

CEO Compensation Analysis

Compensation vs Market: Carlos's total compensation ($USD0.00) is below average for companies of similar size in the Belgian market ($USD2.58M).

Compensation vs Earnings: Carlos's compensation has been consistent with company performance over the past year.

Leadership Team

Carlos de Brito
Chief Executive Officer15.25yrsUS$2.60mno data
Fernando Tennenbaum
Chief Financial Officer0.92yrno datano data
David Henrique Galatro de Almeida
Chief Strategy & Technology Officer0.92yrno datano data
Lauren Abbott
Global Vice President of Investor Relations Institutional Investors & Analystsno datano datano data
John James Blood
Chief Legal3.58yrsno datano data
Matt Galvin
Vice President of Global Ethics & Complianceno datano datano data
Marianne Amssoms
Vice President of Global External Communicationsno datano datano data
Pedro De Sá Earp
Chief Marketing & ZX Ventures Officer2.17yrsno datano data
Lucas Herscovici
Chief Sales Officer0.58yrno datano data
Nelson Jose Jamel
Chief People Officer0.92yrno datano data
Miguel Patricio
Chief of Special Global Projects-Marketing2.17yrsno datano data
Bob Kelley
Head of Charlotte N C Sales Regionno datano datano data


Average Tenure


Average Age

Experienced Management: ABI's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.

Board Members

Martha Burns
Non-Executive Independent Director5.92yrsUS$207.34kno data
Roberto Moses Motta
Non-Executive Director1.17yrsUS$57.92kno data
Alexandre Van Damme
Non-Executive Director29.17yrsUS$107.44kno data
Arthur Cornet de Ways-Ruart
Non-Executive Director9.92yrsUS$100.31kno data
Jabulane Mabuza
Chairman of Africa Board4.42yrsno datano data
Sabine Chalmers
Non-Executive Director1.92yrsUS$96.74kno data
Claudio Moniz Garcia
Non-Executive Director1.92yrsUS$115.62kno data
Mariasun Asuncion Aramburuzabala Larregui
Non-Executive Non-Independent Director6.92yrsUS$91.74kno data
Grégoire de Spoelberch
Non-Executive Director14.17yrsUS$105.30kno data
Martin Barrington
Non-Executive Chairman1.92yrsUS$337.61kno data
Elio Sceti
Non-Executive Independent Director6.92yrsUS$117.43kno data
Paulo Lemann
Non-Executive Director6.92yrsUS$92.74kno data


Average Tenure


Average Age

Experienced Board: ABI's board of directors are considered experienced (6.4 years average tenure).


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: €97.498b
  • Shares outstanding: 1.97b
  • Website: https://www.ab-inbev.com

Number of Employees


  • Anheuser-Busch InBev SA/NV
  • Brouwerijplein 1
  • Leuven
  • Flemish Brabant
  • 3000
  • Belgium


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ABIBIT (Borsa Italiana)YesNew Ordinary SharesITEURDec 2000
ABIENXTBR (Euronext Brussels)YesNew Ordinary SharesBEEURDec 2000
ABITSWX (SIX Swiss Exchange)YesNew Ordinary SharesCHCHFDec 2000
0RJILSE (London Stock Exchange)YesNew Ordinary SharesGBEURDec 2000
ANHJSE (The Johannesburg Securities Exchange)YesNew Ordinary SharesZAZARDec 2000
1NBADB (Deutsche Boerse AG)YesNew Ordinary SharesDEEURDec 2000
1NBAXTRA (XETRA Trading Platform)YesNew Ordinary SharesDEEURDec 2000
ANB *BMV (Bolsa Mexicana de Valores)YesNew Ordinary SharesMXMXNDec 2000
ABIBBATS-CHIXE (BATS 'Chi-X Europe')YesNew Ordinary SharesGBEURDec 2000
BUDF.FOTCPK (Pink Sheets LLC)YesNew Ordinary SharesUSUSDDec 2000
ABINWBAG (Wiener Boerse AG)YesNew Ordinary SharesATEURDec 2000
BUDNYSE (New York Stock Exchange)SPONSORED ADRUSUSDJul 2009
0A22LSE (London Stock Exchange)SPONSORED ADRGBUSDJul 2009


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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 19:39
End of Day Share Price2021/03/04 00:00
Annual Earnings2020/12/31

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.