How does ABUD34's PE Ratio compare to its peers?

ABUD34 is good value based on its Price-To-Earnings Ratio (15.1x) compared to the peer average (18.3x).

How does ABUD34's PE Ratio compare vs other companies in the Global Beverage Industry?

ABUD34 is good value based on its Price-To-Earnings Ratio (15.1x) compared to the Global Beverage industry average (17.9x).

What is ABUD34's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ABUD34 is good value based on its Price-To-Earnings Ratio (15.1x) compared to the estimated Fair Price-To-Earnings Ratio (18.1x).

What is the Fair Price of ABUD34 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

ABUD34 (R$52) is trading below our estimate of [[fair value]] (R$137.94)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

ABUD34 Stock Overview

Produces, distributes, exports, markets, and sells beer and beverages. More details

ABUD34 fundamental analysis
Snowflake Score
Valuation	5/6
Future Growth	0/6
Past Performance	4/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 62.3% below our estimate of its fair value

Earnings grew by 3.7% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Debt is not well covered by operating cash flow

My Notes

Capture your thoughts, links and company narrative

Anheuser-Busch InBev SA/NV Competitors

Ambev

BOVESPA:ABEV3

R$189.8b

JBS

BOVESPA:JBSS3

R$80.3b

BRF

BOVESPA:BRFS3

R$40.6b

Heineken

ENXTAM:HEIA

€38.3b

Price History & Performance

Summary of share price highs, lows and changes for Anheuser-Busch InBev
Historical stock prices
Current Share Price	€52.00
52 Week High	€62.99
52 Week Low	€48.95
Beta	1.03
1 Month Change	-3.85%
3 Month Change	-14.02%
1 Year Change	-0.67%
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	20.79%

Recent updates

Shareholder Returns

	ABUD34	BR Beverage	BR Market
7D	-0.2%	-1.5%	-1.1%
1Y	-0.7%	-13.4%	-14.9%

Return vs Industry: ABUD34 exceeded the BR Beverage industry which returned -12.2% over the past year.

Return vs Market: ABUD34 exceeded the BR Market which returned -14.8% over the past year.

Price Volatility

Is ABUD34's price volatile compared to industry and market?
ABUD34 volatility
ABUD34 Average Weekly Movement	4.0%
Beverage Industry Average Movement	3.0%
Market Average Movement	5.1%
10% most volatile stocks in BR Market	9.7%
10% least volatile stocks in BR Market	3.0%

Stable Share Price: ABUD34 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: ABUD34's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1366	155,000	Michel Dimitrios Doukeris	www.ab-inbev.com

Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer and beverages. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck’s, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands. The company operates in North America, Middle America, South America, Europe, the Middle East, Africa, and the Asia Pacific.

Anheuser-Busch InBev SA/NV Fundamentals Summary

How do Anheuser-Busch InBev's earnings and revenue compare to its market cap?
ABUD34 fundamental statistics
Market cap	R$608.57b
Earnings (TTM)	R$40.32b
Revenue (TTM)	R$367.01b

15.1x

P/E Ratio

1.7x

P/S Ratio

Is ABUD34 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABUD34 income statement (TTM)
Revenue	US$59.40b
Cost of Revenue	US$26.78b
Gross Profit	US$32.62b
Other Expenses	US$26.10b
Earnings	US$6.53b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Feb 26, 2025

Earnings per share (EPS)	3.31
Gross Margin	54.92%
Net Profit Margin	10.99%
Debt/Equity Ratio	87.7%

How did ABUD34 perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

31%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 09:51
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Anheuser-Busch InBev SA/NV is covered by 77 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Robert Jan Vos	ABN AMRO Bank N.V.
Anna Zyniewicz	AlphaValue
null null	Argus Research Company