Anheuser-Busch InBev
Market Cap
€170.4b
Last Updated
2019/09/16 22:27 UTC
Data Sources
Company Financials +
Executive Summary
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks.
Snowflake
Fundamentals
Second-rate dividend payer and slightly overvalued.
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
Market Performance
7 Day Return
1.1%
ENXTBR:ABI
-1.0%
BE Beverage
1.1%
BE Market
1 Year Return
13.5%
ENXTBR:ABI
15.7%
BE Beverage
2.8%
BE Market
ABI underperformed the Beverage industry which returned 16.3% over the past year.
ABI outperformed the Market in Belgium which returned 3.3% over the past year.
Share holder returns
| ABI | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | -1.0% | 1.1% |
| 30 Day | 1.6% | -0.09% | 2.9% |
| 90 Day | 12.4% | 2.9% | 6.0% |
| 1 Year | 15.4%13.5% | 18.0%15.7% | 5.1%2.8% |
| 3 Year | -16.8%-22.5% | 16.6%9.2% | -2.9%-9.8% |
| 5 Year | 10.0%-2.2% | 49.8%34.0% | 22.9%7.6% |
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
1 week ago | Simply Wall St
An Intrinsic Calculation For Anheuser-Busch InBev SA/NV (EBR:ABI) Suggests It's 47% Undervalued2 weeks ago | Simply Wall St
Imagine Owning Anheuser-Busch InBev (EBR:ABI) And Wondering If The 22% Share Price Slide Is Justified3 weeks ago | Simply Wall St
How Should Investors React To Anheuser-Busch InBev SA/NV's (EBR:ABI) CEO Pay?Valuation
Is Anheuser-Busch InBev undervalued based on future cash flows and its price relative to the stock market?
46%
Discount to future cash flow value
Intrinsic Value Based on Future Cash Flows
Anheuser-Busch InBev's share price is below the future cash flow value, and at a moderate discount (> 20%).
Anheuser-Busch InBev's share price is below the future cash flow value, and at a substantial discount (> 40%).
Price Based on Earnings
Anheuser-Busch InBev is overvalued based on earnings compared to the Europe Beverage industry average.
Anheuser-Busch InBev is overvalued based on earnings compared to the Belgium market.
Price Based on Expected Growth
Anheuser-Busch InBev is poor value based on expected growth next year.
Price Based on Value of Assets
Anheuser-Busch InBev is overvalued based on assets compared to the Europe Beverage industry average.
Next Steps
Future Growth
How is Anheuser-Busch InBev expected to perform in the next 1 to 3 years based on estimates from 30 analysts?
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Estimates
Future Annual Growth Analysis
Anheuser-Busch InBev's revenue is expected to grow by 4.2% yearly, however this is not considered high growth (20% yearly).
Anheuser-Busch InBev's earnings are expected to grow by 4.1% yearly, however this is not considered high growth (20% yearly).
Anheuser-Busch InBev's revenue growth is expected to exceed the Belgium market average.
Anheuser-Busch InBev's earnings growth is positive but not above the Belgium market average.
Anheuser-Busch InBev's earnings growth is expected to exceed the low risk savings rate of 0.8%.
Earnings per Share Growth Estimates
Future Return on Equity
Anheuser-Busch InBev is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Next Steps
Past Performance
How has Anheuser-Busch InBev performed over the past 5 years?
-9.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Anheuser-Busch InBev's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
Anheuser-Busch InBev's 1-year earnings growth is negative, it can't be compared to the 5-year average.
Anheuser-Busch InBev's 1-year earnings growth is negative, it can't be compared to the Europe Beverage industry average.
Return on Equity
Anheuser-Busch InBev has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
Return on Assets
Anheuser-Busch InBev used its assets less efficiently than the Europe Beverage industry average last year based on Return on Assets.
Return on Capital Employed
Anheuser-Busch InBev has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
Next Steps
Financial Health
How is Anheuser-Busch InBev's financial position?
Financial Position Analysis
Anheuser-Busch InBev's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
Anheuser-Busch InBev's long term commitments exceed its cash and other short term assets.
Debt to Equity History and Analysis
Anheuser-Busch InBev's level of debt (141.6%) compared to net worth is high (greater than 40%).
The level of debt compared to net worth has increased over the past 5 years (96.7% vs 141.6% today).
Debt is not well covered by operating cash flow (14.6%, less than 20% of total debt).
Interest payments on debt are well covered by earnings (EBIT is 4.5x coverage).
Balance Sheet
Low level of unsold assets.
Debt is not covered by short term assets, assets are 0.2x debt.
Next Steps
Dividend
What is Anheuser-Busch InBev's current dividend yield, its reliability and sustainability?
2.14%
Expected Dividend Yield
Dividend Yield and Payments Analysis
Anheuser-Busch InBev's pays a lower dividend yield than the bottom 25% of dividend payers in Belgium (2.27%).
Anheuser-Busch InBev's dividend is below the markets top 25% of dividend payers in Belgium (4.52%).
Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
Dividends per share have increased over the past 10 years.
Current Payout to Shareholders
Dividends paid are well covered by earnings (3x coverage).
Future Payout to Shareholders
Dividends after 3 years are expected to be well covered by earnings (2.4x coverage).
Next Steps
Management
What is the CEO of Anheuser-Busch InBev's salary, the management and board of directors tenure and is there insider trading?
5.7yrs
Average management tenure
CEO
Carlos de Brito (59yo)
13.8yrs
Tenure
US$2,600,000
Compensation
Mr. Carlos Alves de Brito has been the Chief Executive Officer of Anheuser-Busch InBev SA/NV since December 2005 and serves as its Member of Executive Board of Management. Mr. de Brito served as Sales Dire ...
CEO Compensation Analysis
Carlos's remuneration is about average for companies of similar size in Belgium.
Carlos's compensation has been consistent with company performance over the past year, both up more than 20%.
Management Age and Tenure
5.7yrs
Average Tenure
48.5yo
Average Age
The average tenure for the Anheuser-Busch InBev management team is over 5 years, this suggests they are a seasoned and experienced team.
Board Age and Tenure
4.9yrs
Average Tenure
56.5yo
Average Age
The tenure for the Anheuser-Busch InBev board of directors is about average.
Insider Trading
No 3 month open market individual insider trading information.
Ownership Breakdown
Management Team
Carlos de Brito (59yo)
CEO & Member of Executive Management Board
- Tenure: 13.8yrs
- Compensation: US$2.60m
Felipe Dutra (54yo)
CTO, Chief Financial & Solutions Officer and Member of Executive Management Board
- Tenure: 5.7yrs
Bernardo Pinto Paiva (51yo)
Member of Executive Management Board
- Tenure: 0yrs
Michel Doukeris (46yo)
Member of Executive Management Board
- Tenure: 0yrs
David Almeida (43yo)
Chief People Officer & Member of Executive Management Board
- Tenure: 3.8yrs
Pedro De Sá Earp (42yo)
Chief Marketing & ZX Ventures Officer and Member of Executive Management Board
- Tenure: 4.6yrs
Tony Milikin (58yo)
Chief Procurement & Sustainability Officer and Member of Executive Management Board
- Tenure: 0yrs
Pete Kraemer (54yo)
Chief Supply Officer & Member of Executive Management Board
- Tenure: 0yrs
Ricardo Tadeu (43yo)
Chief Sales Officer & Member of Executive Management Board
- Tenure: 6.3yrs
Jan Craps (42yo)
Member of Executive Management Board
- Tenure: 0yrs
Board Members
Martha Burns (61yo)
Non-Executive Independent Director
- Tenure: 4.4yrs
- Compensation: US$160.50k
Marcel Telles (69yo)
Non-Executive Director
- Tenure: 15.7yrs
- Compensation: US$105.00k
Alexandre Van Damme (57yo)
Non-Executive Director
- Tenure: 27.7yrs
- Compensation: US$93.00k
Arthur Cornet de Ways-Ruart (51yo)
Non-Executive Director
- Tenure: 8.4yrs
- Compensation: US$75.00k
Jabu Mabuza (61yo)
Chairman of Africa Board
- Tenure: 2.9yrs
Sabine Chalmers (54yo)
Independent Director
- Tenure: 0.4yrs
Claudio Moniz Garcia (51yo)
Director
- Tenure: 0.4yrs
María Asunción Aramburuzabala Larregu (56yo)
Non-Executive Non-Independent Director
- Tenure: 5.4yrs
- Compensation: US$75.00k
Grégoire de Spoelberch (53yo)
Non-Executive Director
- Tenure: 12.7yrs
- Compensation: US$81.00k
Marty Barrington (66yo)
Chairman
- Tenure: 0.4yrs
- Compensation: US$53.87k
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: 1366
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: €170.427b
- Shares outstanding: 1.96b
- Website: https://www.ab-inbev.com
Number of Employees
Location
- Anheuser-Busch InBev SA/NV
- Brouwerijplein 1
- Leuven
- Flemish Brabant
- 3000
- Belgium
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ANH | JSE (The Johannesburg Securities Exchange) | Yes | New Ordinary Shares | ZA | ZAR | Dec 2000 |
| ABIN | WBAG (Wiener Boerse AG) | Yes | New Ordinary Shares | AT | EUR | Dec 2000 |
| ABI | BIT (Borsa Italiana) | Yes | New Ordinary Shares | IT | EUR | Dec 2000 |
| ABI | ENXTBR (Euronext Brussels) | Yes | New Ordinary Shares | BE | EUR | Dec 2000 |
| ABIT | SWX (SIX Swiss Exchange) | Yes | New Ordinary Shares | CH | CHF | Dec 2000 |
| 0RJI | LSE (London Stock Exchange) | Yes | New Ordinary Shares | GB | EUR | Dec 2000 |
| BUDF.F | OTCPK (Pink Sheets LLC) | Yes | New Ordinary Shares | US | USD | Dec 2000 |
| 1NBA | DB (Deutsche Boerse AG) | Yes | New Ordinary Shares | DE | EUR | Dec 2000 |
| 1NBA | XTRA (XETRA Trading Platform) | Yes | New Ordinary Shares | DE | EUR | Dec 2000 |
| ANB * | BMV (Bolsa Mexicana de Valores) | Yes | New Ordinary Shares | MX | MXN | Dec 2000 |
| ABIB | BATS-CHIXE (BATS 'Chi-X Europe') | Yes | New Ordinary Shares | GB | EUR | Dec 2000 |
| ITKA | DB (Deutsche Boerse AG) | ADR EAH REP 1 ORD NPV | DE | EUR | Jul 2009 | |
| BUD | NYSE (New York Stock Exchange) | ADR EAH REP 1 ORD NPV | US | USD | Jul 2009 |
Biography
Anheuser-Busch InBev SA/NV, a brewing company, engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks. The company offers a portfolio of approximately 500 beer bran ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/09/16 22:27 |
| End of Day Share Price | 2019/09/16 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.