EABL Stock Overview

Engages in the brewery, production, marketing, distribution, and sale of beer, spirits, adult non-alcoholic drinks, and malt and barley products in Kenya, Uganda, and Tanzania. More details

EABL fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	2/6
Past Performance	2/6
Financial Health	3/6
Dividends	2/6

Rewards

Trading at 9.8% below our estimate of its fair value

Earnings are forecast to grow 14.4% per year

Risk Analysis

Shares are highly illiquid

Debt is not well covered by operating cash flow

Dividend of 4.84% is not well covered by cash flows

My Notes

Capture your thoughts, links and company narrative

East African Breweries PLC Competitors

Tanzania Breweries

DAR:TBL

TSh3.2t

Tanzania Cigarette

DAR:TCC

TSh1.7t

Olvi Oyj

HLSE:OLVAS

€607.6m

GDH Supertime Group

SZSE:001338

CN¥5.4b

Price History & Performance

Summary of share price highs, lows and changes for East African Breweries
Historical stock prices
Current Share Price	KSh2,140.00
52 Week High	KSh0
52 Week Low	KSh0
Beta	0.60
1 Month Change	0%
3 Month Change	-3.60%
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	7.00%

Recent updates

Shareholder Returns

	EABL	TZ Beverage	TZ Market
7D	0%	-0.04%	0.2%
1Y	n/a	10.2%	7.9%

Return vs Industry: Insufficient data to determine how EABL performed against the TZ Beverage industry.

Return vs Market: Insufficient data to determine how EABL performed against the TZ Market.

Price Volatility

Is EABL's price volatile compared to industry and market?
EABL volatility
EABL Average Weekly Movement	n/a
Beverage Industry Average Movement	5.3%
Market Average Movement	2.9%
10% most volatile stocks in TZ Market	4.4%
10% least volatile stocks in TZ Market	1.2%

Stable Share Price: EABL has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine EABL's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1922	1,408	Jane Karuku	www.eabl.com

East African Breweries Limited engages in the brewery, production, marketing, distribution, and sale of beer, spirits, adult non-alcoholic drinks, and malt and barley products in Kenya, Uganda, and Tanzania. Its brands primarily include Tusker, Balozi, Bell, Serengeti, Chrome, Gilbey’s, Kenya Cane, Uganda Waragi, Guinness, WhiteCap, Johnnie Walker, The Singleton, Gordon’s and Smirnoff. The company also exports its products to South Sudan, Rwanda, Burundi, and the Great Lakes region.

East African Breweries PLC Fundamentals Summary

How do East African Breweries's earnings and revenue compare to its market cap?
EABL fundamental statistics
Market cap	TSh1.47t
Earnings (TTM)	TSh161.38b
Revenue (TTM)	TSh1.80t

9.1x

P/E Ratio

0.8x

P/S Ratio

Is EABL overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EABL income statement (TTM)
Revenue	KSh109.65b
Cost of Revenue	KSh62.25b
Gross Profit	KSh47.40b
Other Expenses	KSh37.54b
Earnings	KSh9.86b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	12.53
Gross Margin	43.23%
Net Profit Margin	8.99%
Debt/Equity Ratio	184.5%

How did EABL perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

44%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/11/18 02:09
End of Day Share Price	2023/08/21 00:00
Earnings	2023/06/30
Annual Earnings	2023/06/30

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

East African Breweries PLC is covered by 15 analysts. 3 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
Adedayo Ayeni	Absa Bank Limited
Adriana Benedetti	African Alliance
Linda Kiraithe	AIB-AXYS Africa Limited

East African Breweries DAR:EABL Stock Report