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INTB

International BreweriesNGSE:INTBREW Stock Report

Market Cap

₦130.3b

7D

6.0%

1Y

-13.1%

Updated

26 Oct, 2021

Data

Company Financials +
INTBREW fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health2/6
Dividends0/6

INTBREW Overview

International Breweries Plc engages in the brewing, packaging, and marketing of beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria.

Price History & Performance

Summary of all time highs, changes and price drops for International Breweries
Historical stock prices
Current Share Price₦5.30
52 Week High₦4.50
52 Week Low₦7.74
Beta0.71
1 Month Change10.42%
3 Month Change3.92%
1 Year Change-13.11%
3 Year Change-82.62%
5 Year Change-72.10%
Change since IPO972.47%

Recent News & Updates

Shareholder Returns

INTBREWNG BeverageNG Market
7D6.0%4.3%1.5%
1Y-13.1%1.5%39.2%

Return vs Industry: INTBREW underperformed the NG Beverage industry which returned 1.8% over the past year.

Return vs Market: INTBREW underperformed the NG Market which returned 40.2% over the past year.

Price Volatility

Is INTBREW's price volatile compared to industry and market?
INTBREW volatility
INTBREW Beta0.71
Industry Beta0.68
Market Beta1

Stable Share Price: INTBREW is not significantly more volatile than the rest of NG stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: INTBREW's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19712,231Hugo Rochahttps://www.internationalbreweriesplc.com

International Breweries Plc engages in the brewing, packaging, and marketing of beer, alcoholic flavored/non-alcoholic beverages, and soft drinks in Nigeria. It offers its products under the Trophy Lager, Beta Malt, Grand Malt, Hero Lager, Trophy Extra Stout, Castle Lite, Eagle Lager, Eagle Stout, and Budweiser brand names. The company was incorporated in 1971 and is headquartered in Lagos, Nigeria.

International Breweries Fundamentals Summary

How do International Breweries's earnings and revenue compare to its market cap?
INTBREW fundamental statistics
Market Cap₦130.28b
Earnings (TTM)-₦22.22b
Revenue (TTM)₦130.86b

1.1x

P/S Ratio

-6.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
INTBREW income statement (TTM)
Revenue₦130.86b
Cost of Revenue₦110.30b
Gross Profit₦20.56b
Expenses₦42.78b
Earnings-₦22.22b

Last Reported Earnings

Sep 30, 2020

Next Earnings Date

n/a

Earnings per share (EPS)-0.83
Gross Margin15.71%
Net Profit Margin-16.98%
Debt/Equity Ratio71.5%

How did INTBREW perform over the long term?

See historical performance and comparison

Valuation

Is International Breweries undervalued compared to its fair value and its price relative to the market?

0.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: INTBREW (NGN5.3) is trading above our estimate of fair value (NGN0.88)

Significantly Below Fair Value: INTBREW is trading above our estimate of fair value.


Price To Earnings Ratio

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

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: INTBREW's PB Ratio (0.9x) is in line with the NG Beverage industry average.


Future Growth

How is International Breweries forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

37.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: INTBREW is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: INTBREW is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: INTBREW is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: INTBREW's revenue (11.9% per year) is forecast to grow faster than the NG market (10.4% per year).

High Growth Revenue: INTBREW's revenue (11.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: INTBREW is forecast to be unprofitable in 3 years.


Past Performance

How has International Breweries performed over the past 5 years?

-65.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: INTBREW is currently unprofitable.

Growing Profit Margin: INTBREW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if INTBREW's year-on-year earnings growth rate was positive over the past 5 years.

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

Earnings vs Industry: INTBREW is unprofitable, making it difficult to compare its past year earnings growth to the Beverage industry (19.7%).


Return on Equity

High ROE: INTBREW has a negative Return on Equity (-14.81%), as it is currently unprofitable.


Financial Health

How is International Breweries's financial position?


Financial Position Analysis

Short Term Liabilities: INTBREW's short term assets (NGN87.2B) do not cover its short term liabilities (NGN202.9B).

Long Term Liabilities: INTBREW's short term assets (NGN87.2B) exceed its long term liabilities (NGN13.6B).


Debt to Equity History and Analysis

Debt Level: INTBREW's debt to equity ratio (71.5%) is considered high.

Reducing Debt: INTBREW's debt to equity ratio has reduced from 86.7% to 71.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Insufficient data to determine if INTBREW has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if INTBREW has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is International Breweries's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate INTBREW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate INTBREW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if INTBREW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if INTBREW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: INTBREW is not paying a notable dividend for the NG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of INTBREW's dividend in 3 years as they are not forecast to pay a notable one for the NG market.


Next Steps

Management

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

3.2yrs

Average board tenure


CEO

Hugo Rocha

1.75yrs

Tenure

Mr. Hugo Dias Rocha serves as Managing Director and Director at International Breweries Plc since January 01, 2020. Mr. Rocha has worked with the ABInBev group for over 24 years in different leadership rol...


Board Members

Experienced Board: INTBREW's board of directors are considered experienced (3.2 years average tenure).


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: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

International Breweries Plc's employee growth, exchange listings and data sources


Key Information

  • Name: International Breweries Plc
  • Ticker: INTBREW
  • Exchange: NGSE
  • Founded: 1971
  • Industry: Brewers
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₦130.281b
  • Shares outstanding: 26.86b
  • Website: https://www.internationalbreweriesplc.com

Number of Employees


Location

  • International Breweries Plc
  • Desiderata Building
  • Plot 5A
  • Lagos
  • Nigeria

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:23
End of Day Share Price2021/10/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.