Budweiser Brewing Company APAC Limited

OTCPK:BDWB.F Stock Report

Market Cap: US$12.5b

Budweiser Brewing Company APAC Valuation

Is BDWB.F undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: BDWB.F ($0.93) is trading below our estimate of fair value ($3.47)

Significantly Below Fair Value: BDWB.F is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BDWB.F?

Key metric: As BDWB.F is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for BDWB.F. This is calculated by dividing BDWB.F's market cap by their current earnings.
What is BDWB.F's PE Ratio?
PE Ratio17.4x
EarningsUS$719.00m
Market CapUS$12.49b

Price to Earnings Ratio vs Peers

How does BDWB.F's PE Ratio compare to its peers?

The above table shows the PE ratio for BDWB.F vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.6x
TAP Molson Coors Beverage
13.5x3.6%US$12.6b
SAM Boston Beer Company
44.3x19.2%US$3.6b
PRMB Primo Brands
74.9x107.5%US$10.8b
COKE Coca-Cola Consolidated
21.7xn/aUS$11.5b
BDWB.F Budweiser Brewing Company APAC
17.4x14.3%US$97.2b

Price-To-Earnings vs Peers: BDWB.F is good value based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (38.6x).

Price to Earnings Ratio vs Industry

How does BDWB.F's PE Ratio compare vs other companies in the North American Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BDWB.F 17.4xIndustry Avg. 17.9xNo. of Companies3PE020406080100+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: BDWB.F is good value based on its Price-To-Earnings Ratio (17.4x) compared to the Global Beverage industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is BDWB.F'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.

BDWB.F PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BDWB.F's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

The above table shows the analyst BDWB.F forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$0.93
US$1.52
+64.3%
25.9%US$2.55US$1.03n/a27
Nov ’25US$1.04
US$1.55
+49.4%
24.1%US$2.55US$1.03n/a27
Oct ’25US$1.30
US$1.67
+28.4%
22.2%US$2.55US$1.12n/a27
Sep ’25US$1.17
US$1.69
+44.2%
21.8%US$2.53US$1.11n/a27
Aug ’25US$1.12
US$1.76
+57.1%
20.9%US$2.53US$1.11n/a27
Jul ’25US$1.08
US$1.93
+79.9%
18.6%US$2.56US$1.18n/a27
Jun ’25n/a
US$2.06
0%
20.3%US$3.41US$1.41n/a27
May ’25US$1.47
US$2.18
+48.3%
19.7%US$3.41US$1.41n/a27
Apr ’25US$1.39
US$2.20
+58.6%
18.1%US$3.41US$1.47n/a27
Mar ’25US$1.65
US$2.31
+40.3%
18.9%US$3.41US$1.47n/a27
Feb ’25n/a
US$2.55
0%
16.4%US$3.41US$1.47n/a26
Jan ’25US$1.82
US$2.78
+53.3%
14.5%US$3.46US$1.79n/a26
Dec ’24US$1.82
US$2.80
+53.9%
14.5%US$3.46US$1.79n/a26
Nov ’24US$1.92
US$2.89
+50.4%
12.7%US$3.59US$2.16US$1.0426
Oct ’24US$2.01
US$3.11
+55.1%
12.1%US$3.89US$2.38US$1.3026
Sep ’24n/a
US$3.17
0%
12.4%US$3.89US$2.38US$1.1727
Aug ’24US$2.39
US$3.44
+44.0%
7.8%US$3.88US$2.68US$1.1227
Jul ’24US$2.54
US$3.49
+37.5%
7.4%US$4.02US$2.68US$1.0827
Jun ’24US$2.51
US$3.56
+42.0%
7.7%US$4.01US$2.68n/a27
May ’24US$2.93
US$3.59
+22.6%
7.6%US$4.01US$2.68US$1.4726
Apr ’24n/a
US$3.59
0%
7.7%US$4.01US$2.68US$1.3926
Mar ’24US$3.12
US$3.51
+12.6%
11.4%US$4.10US$2.55US$1.6526
Feb ’24n/a
US$3.47
0%
12.2%US$4.14US$2.55n/a26
Jan ’24n/a
US$3.37
0%
13.1%US$4.14US$2.32US$1.8227
Dec ’23n/a
US$3.25
0%
14.7%US$4.05US$2.32US$1.8226
Nov ’23US$2.15
US$3.21
+49.3%
15.3%US$4.03US$2.32US$1.9226

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

B&G Foods

US$528.8m

Manufactures, sells, and distributes a portfolio of shelf-stable and frozen foods, and household products in the United States, Canada, and Puerto Rico.

BGS

US$6.68

7D

2.1%

1Y

-29.8%

Meiji Holdings

JP¥865.5b

Through its subsidiaries, engages in the manufacture and sale of dairy products, confectioneries, nutritional products, and pharmaceuticals in Japan and internationally.

MEJH.Y

JP¥11.32

7D

10.0%

1Y

0.5%

Local Bounti

US$15.0m

Local Bounti Corporation grows and packs fresh greens in the United States.

LOCL

US$1.74

7D

3.9%

1Y

-51.7%