Valuation Anheuser-Busch InBev SA/NV

Equities

Real-time Euronext Bruxelles Other stock markets 08:21:09 08/05/2026 pm IST			5-day change	1st Jan Change
67.82 ^EUR	+0.03%		+7.41%	+23.53%

07/05	AB INBEV : Goldman Sachs gives a Buy rating	ZD
07/05	AB INBEV : Gets a Buy rating from JP Morgan	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	1,22,365	1,19,238	1,28,294	98,507	1,25,866	1,55,674	-	-
Change	-	-2.56%	7.59%	-23.22%	27.77%	23.68%	-	-
Enterprise Value (EV) ¹	1,98,527	1,88,951	1,95,867	1,59,107	1,86,766	2,14,517	2,09,182	2,03,670
Change	-	-4.82%	3.66%	-18.77%	17.38%	14.86%	-2.49%	-2.64%
P/E ratio	26.5x	20.7x	24.4x	17.1x	18.7x	17.3x	16.5x	15x
PBR	1.77x	1.65x	1.59x	1.28x	1.47x	1.75x	1.64x	1.61x
PEG	-	0.7x	-2.73x	1.7x	1x	0.5x	3.16x	1.54x
Capitalization / Revenue	2.25x	2.06x	2.16x	1.65x	2.12x	2.42x	2.33x	2.24x
EV / Revenue	3.66x	3.27x	3.3x	2.66x	3.15x	3.33x	3.13x	2.93x
EV / EBITDA	10.3x	9.52x	9.81x	7.59x	8.8x	9.23x	8.54x	7.93x
EV / EBIT	13.8x	12.8x	13.4x	10.3x	11.8x	12.1x	11.1x	10.2x
EV / FCF	21.7x	23.2x	22.7x	14.2x	15.3x	16.1x	15.4x	14.6x
FCF Yield	4.61%	4.31%	4.4%	7.03%	6.55%	6.2%	6.48%	6.87%
Dividend per Share ²	0.557	0.795	0.8864	1.05	1.365	1.436	1.652	1.864
Rate of return	0.92%	1.32%	1.37%	2.1%	2.12%	1.8%	2.07%	2.34%
EPS ²	2.28	2.91	2.65	2.92	3.45	4.601	4.842	5.314
Distribution rate	24.4%	27.3%	33.4%	36%	39.6%	31.2%	34.1%	35.1%
Net sales ¹	54,304	57,786	59,380	59,768	59,320	64,371	66,838	69,519
EBITDA ¹	19,209	19,843	19,976	20,958	21,223	23,237	24,499	25,671
EBIT ¹	14,438	14,768	14,590	15,462	15,854	17,683	18,818	19,886
Net income ¹	4,670	5,969	5,341	5,855	6,837	9,279	9,524	10,362
Net Debt ¹	76,162	69,713	67,573	60,600	60,900	58,842	53,508	47,995
Reference price ²	60.47	60.14	64.57	49.95	64.46	79.80	79.80	79.80
Nbr of stocks (in thousands)	20,23,621	19,82,782	19,86,774	19,71,987	19,52,642	19,50,752	-	-
Announcement Date	24/02/22	02/03/23	29/02/24	26/02/25	12/02/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ANHEUSER-BUSCH INBEV SA/NV	17.33x	3.34x	9.23x	1.8%	16TCr
AMBEV S.A.	16.33x	2.58x	7.71x	5.5%	5.19TCr
HEINEKEN N.V.	14.17x	1.72x	7.61x	3.06%	4.22TCr
CONSTELLATION BRANDS, INC.	12.96x	4x	10.58x	2.81%	2.59TCr
CARLSBERG A/S	14.13x	1.9x	8.88x	3.67%	1.87TCr
ASAHI GROUP HOLDINGS, LTD.	14.85x	1.22x	8.87x	3.28%	1.44TCr
KIRIN HOLDINGS COMPANY, LIMITED	11.94x	1.14x	7.97x	3.1%	1.32TCr
TSINGTAO BREWERY COMPANY LIMITED	17.75x	1.8x	8.39x	3.94%	1.09TCr
Average	14.93x	2.21x	8.65x	3.39%	4.16TCr
Weighted average by Cap.	15.95x	2.75x	8.78x	2.91%