Budweiser Brewing Company APAC
Market Cap
HK$264.9b
Last Updated
2020/03/31 13:35 UTC
Data Sources
Company Financials +
Executive Summary
Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, sells, and exports beer primarily in China, South Korea, India, Vietnam, and other Asia Pacific regions.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet with limited growth.
Similar Companies
Share Price & News
How has Budweiser Brewing Company APAC's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1876's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-2.9%
1876
5.5%
HK Beverage
7.4%
HK Market
1 Year Return
n/a
1876
-3.7%
HK Beverage
-22.7%
HK Market
Return vs Industry: Insufficient data to determine how 1876 performed against the Hong Kong Beverage industry.
Return vs Market: Insufficient data to determine how 1876 performed against the Hong Kong Market.
Shareholder returns
| 1876 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.9% | 5.5% | 7.4% |
| 30 Day | -14.5% | -10.4% | -11.2% |
| 90 Day | -24.0% | -22.8% | -17.3% |
| 1 Year | n/a | -3.1%-3.7% | -19.9%-22.7% |
| 3 Year | n/a | 30.5%27.9% | -5.3%-14.8% |
| 5 Year | n/a | -27.2%-35.3% | -8.7%-23.4% |
Price Volatility Vs. Market
How volatile is Budweiser Brewing Company APAC's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
A Close Look At Budweiser Brewing Company APAC Limited’s (HKG:1876) 13% ROCE1 month ago | Simply Wall St
Budweiser Brewing Company APAC (HKG:1876) Has A Rock Solid Balance Sheet2 months ago | Simply Wall St
Estimating The Intrinsic Value Of Budweiser Brewing Company APAC Limited (HKG:1876)Valuation
Is Budweiser Brewing Company APAC undervalued compared to its fair value and its price relative to the market?
34.38x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1876 (HK$19.98) is trading above our estimate of fair value (HK$19.28)
Significantly Below Fair Value: 1876 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1876 is poor value based on its PE Ratio (34.4x) compared to the Beverage industry average (24.2x).
PE vs Market: 1876 is poor value based on its PE Ratio (34.4x) compared to the Hong Kong market (9x).
Price to Earnings Growth Ratio
PEG Ratio: 1876 is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: 1876 is overvalued based on its PB Ratio (3.5x) compared to the HK Beverage industry average (0.6x).
Next Steps
Future Growth
How is Budweiser Brewing Company APAC forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?
16.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1876's forecast earnings growth (16.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 1876's earnings (16.7% per year) are forecast to grow faster than the Hong Kong market (12.8% per year).
High Growth Earnings: 1876's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1876's revenue (5.3% per year) is forecast to grow slower than the Hong Kong market (9.9% per year).
High Growth Revenue: 1876's revenue (5.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1876's Return on Equity is forecast to be low in 3 years time (12.9%).
Next Steps
Past Performance
How has Budweiser Brewing Company APAC performed over the past 5 years?
-6.3%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 1876 has high quality earnings.
Growing Profit Margin: 1876's current net profit margins (13.7%) are lower than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 1876's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 1876's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1876 had negative earnings growth (-6.3%) over the past year, making it difficult to compare to the Beverage industry average (-6.3%).
Return on Equity
High ROE: 1876's Return on Equity (9.2%) is considered low.
Next Steps
Financial Health
How is Budweiser Brewing Company APAC's financial position?
Financial Position Analysis
Short Term Liabilities: 1876's short term assets ($2.1B) do not cover its short term liabilities ($4.5B).
Long Term Liabilities: 1876's short term assets ($2.1B) exceed its long term liabilities ($931.0M).
Debt to Equity History and Analysis
Debt Level: 1876's debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1876's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1876's debt is well covered by operating cash flow (524.3%).
Interest Coverage: 1876's interest payments on its debt are well covered by EBIT (1361x coverage).
Balance Sheet
Inventory Level: 1876 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1876's debt is covered by short term assets (assets are 8x debt).
Next Steps
Dividend
What is Budweiser Brewing Company APAC's current dividend yield, its reliability and sustainability?
1.02%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1876's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.67%).
High Dividend: 1876's dividend (1.02%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.29%).
Stability and Growth of Payments
Stable Dividend: 1876 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1876 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1876 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1876's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.7yrs
Average board tenure
CEO
Jan Eli B. Craps (42yo)
0.83
Tenure
Mr. Jan Eli B. Craps serves as Chief Executive Officer since May 9, 2019 and Co-Chair of the Board of Directors since February 19, 2020 at Budweiser Brewing Company APAC Limited and has been Director since ...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Co-Chair of the Board of Directors | 0.83yr | no data | no data | |
| General Counsel | 0.83yr | no data | no data | |
| Independent Non-executive Director | 0.67yr | no data | no data | |
| Independent Non-executive Director | 0.67yr | no data | no data | |
| Independent Non-executive Director | 0.67yr | no data | no data | |
| Non-executive Director | 0.83yr | no data | no data | |
| Non-Executive Co-Chair of the Board | no data | no data | no data |
0.7yrs
Average Tenure
58yo
Average Age
Experienced Board: 1876's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.
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: 1876 only recently listed within the past 12 months, with total shares outstanding growing by 3.6% in the past year..
Top Shareholders
Company Information
Budweiser Brewing Company APAC Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Budweiser Brewing Company APAC Limited
- Ticker: 1876
- Exchange: SEHK
- Founded: 1888
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: HK$264.868b
- Shares outstanding: 13.24b
- Website: https://www.budweiserapac.com
Number of Employees
Location
- Budweiser Brewing Company APAC Limited
- Tower Two, Times Square
- Suites 3012-16
- Causeway Bay
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1876 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2019 |
| 1876 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2019 |
| BDWB.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Sep 2019 |
| 1876 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2019 |
Biography
Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, sells, and exports beer primarily in China, South Korea, India, Vietnam, and other Asia Pacific regions. It offers a portfolio of approximately 50 beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin. The company also produces, markets, distributes, and sells other non-beer beverages. The company sells its products to distributors and selected retailers. It operates 52 breweries. The company was founded in 1888 and is based in Causeway Bay, Hong Kong. Budweiser Brewing Company APAC Limited is a subsidiary of AB InBev Brewing Company (APAC) Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 13:35 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.