United Breweries Limited manufactures, purchases, and sells beer in India and internationally.
Flawless balance sheet with reasonable growth potential.
Share Price & News
How has United Breweries's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532478's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 532478 underperformed the Indian Beverage industry which returned -23.2% over the past year.
Return vs Market: 532478 underperformed the Indian Market which returned -31.7% over the past year.
Price Volatility Vs. Market
How volatile is United Breweries's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is United Breweries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 532478 (₹921.35) is trading above our estimate of fair value (₹318.78)
Significantly Below Fair Value: 532478 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532478 is poor value based on its PE Ratio (53.5x) compared to the Beverage industry average (8.9x).
PE vs Market: 532478 is poor value based on its PE Ratio (53.5x) compared to the Indian market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: 532478 is poor value based on its PEG Ratio (2x)
Price to Book Ratio
PB vs Industry: 532478 is overvalued based on its PB Ratio (7.2x) compared to the IN Beverage industry average (0.9x).
How is United Breweries forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532478's forecast earnings growth (26.4% per year) is above the savings rate (6.5%).
Earnings vs Market: 532478's earnings (26.4% per year) are forecast to grow faster than the Indian market (19.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 532478's revenue (12.4% per year) is forecast to grow faster than the Indian market (8.8% per year).
High Growth Revenue: 532478's revenue (12.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532478's Return on Equity is forecast to be low in 3 years time (17.8%).
How has United Breweries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532478 has high quality earnings.
Growing Profit Margin: 532478's current net profit margins (6.8%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: 532478's earnings have grown by 14.8% per year over the past 5 years.
Accelerating Growth: 532478's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532478 had negative earnings growth (-12.8%) over the past year, making it difficult to compare to the Beverage industry average (-5.9%).
Return on Equity
High ROE: 532478's Return on Equity (13.4%) is considered low.
How is United Breweries's financial position?
Financial Position Analysis
Short Term Liabilities: 532478's short term assets (₹31.7B) exceed its short term liabilities (₹21.7B).
Long Term Liabilities: 532478's short term assets (₹31.7B) exceed its long term liabilities (₹950.8M).
Debt to Equity History and Analysis
Debt Level: 532478's debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: 532478's debt to equity ratio has reduced from 51.3% to 11.7% over the past 5 years.
Debt Coverage: 532478's debt is well covered by operating cash flow (68.9%).
Interest Coverage: 532478's interest payments on its debt are well covered by EBIT (21.4x coverage).
What is United Breweries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532478's dividend (0.27%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.96%).
High Dividend: 532478's dividend (0.27%) is low compared to the top 25% of dividend payers in the Indian market (4.06%).
Stability and Growth of Payments
Stable Dividend: 532478 is not paying a notable dividend for the Indian market, therefore no need to check if payments are stable.
Growing Dividend: 532478 is not paying a notable dividend for the Indian market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 532478 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 532478's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Shekhar Ramamurthy (58yo)
Mr. Shekhar Ramamurthy has been the Managing Director of United Breweries Limited since August 01, 2015 and serves as its President. Mr. Ramamurthy served as Deputy President of Sales, Marketing & Operatio ...
CEO Compensation Analysis
Compensation vs Market: Shekhar's total compensation ($USD1.75M) is above average for companies of similar size in the Indian market ($USD740.34K).
Compensation vs Earnings: Shekhar's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Chief Financial Officer||0.67yr||no data||no data|
|General Manager of Brewing & Technical||no data||no data||no data|
|Senior VP of Legal||no data||no data||no data|
|Chief Sales Officer||no data||₹11.57m||no data|
|Chief Marketing Officer||1yr||no data||no data|
|Chief Human Resource Officer||no data||no data||no data|
|Chief Strategy & Business Analytic Officer||no data||₹10.61m||no data|
|Chief Supply Chain Officer||13.92yrs||₹13.56m||no data|
|Head of CSR||no data||no data||no data|
Experienced Management: 532478's management team is considered experienced (2.8 years average tenure).
|Non-Executive Director||17.67yrs||₹1.90m||no data|
|Non-Executive Independent Director||15yrs||₹1.95m||no data|
|Non Executive Independent Director||10.5yrs||₹750.00k||no data|
|Non Executive Independent Director||9.75yrs||₹600.00k||no data|
|Non Executive Independent Director||10.5yrs||₹2.25m||no data|
|Non–Executive Director||1.42yrs||₹300.00k||no data|
|Non-Executive Director||2.42yrs||₹2.05m||no data|
Experienced Board: 532478's board of directors are seasoned and experienced ( 10.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
United Breweries Limited's company bio, employee growth, exchange listings and data sources
- Name: United Breweries Limited
- Ticker: 532478
- Exchange: BSE
- Founded: 1915
- Industry: Brewers
- Sector: Food, Beverage & Tobacco
- Market Cap: ₹243.610b
- Shares outstanding: 264.41m
- Website: https://www.unitedbreweries.com
- United Breweries Limited
- UB Towers
- UB City
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532478||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 2002|
|UBL||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 2002|
United Breweries Limited manufactures, purchases, and sells beer in India and internationally. It offers beer under the Kingfisher premium, Kingfisher strong, Kingfisher ultra, Kingfisher ultra max, Kingfisher Storm, and Kingfisher Buzz, as well as Bullet, Cannon 10000, Kalyani Black Label, UB Export, Zingaro, and London Pilsner brand names. The company also manufactures, purchases, and sells non-alcoholic beverages; licenses its brands; and provides contract manufacturing services. United Breweries Limited was founded in 1915 and is based in Bengaluru, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/08 12:47|
|End of Day Share Price||2020/04/08 00:00|
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.