Valuation Anheuser-Busch InBev SA/NV

Equities

Real-time Euronext Bruxelles Other stock markets 07:56:28 23/01/2026 pm IST			5-day change	1st Jan Change
59.04 ^EUR	-0.47%		-0.07%	+7.54%

19/01	Treasury Wine Estates Says Former Consumer Goods Executive, Investment Firm Raise Stake	MT
16/01	AB INBEV : JP Morgan maintains a Buy rating	ZD

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	1,36,641	1,22,365	1,19,238	1,28,294	98,507	1,36,095	1,36,095	-
Change	-	-10.45%	-2.56%	7.59%	-23.22%	38.16%	0%	-
Enterprise Value (EV) ¹	2,19,557	1,98,527	1,88,951	1,95,867	1,59,107	1,94,543	1,89,943	1,85,255
Change	-	-9.58%	-4.82%	3.66%	-18.77%	22.27%	-2.36%	-2.47%
P/E ratio	99.6x	26.5x	20.7x	24.4x	17.1x	20.6x	16.7x	14.9x
PBR	2.05x	1.77x	1.65x	1.59x	1.28x	1.72x	1.61x	1.53x
PEG	-	0x	0.7x	-2.73x	1.7x	1.3x	0.7x	1.2x
Capitalization / Revenue	2.91x	2.25x	2.06x	2.16x	1.65x	2.29x	2.16x	2.09x
EV / Revenue	4.68x	3.66x	3.27x	3.3x	2.66x	3.27x	3.02x	2.84x
EV / EBITDA	12.7x	10.3x	9.52x	9.81x	7.59x	9.14x	8.3x	7.71x
EV / EBIT	17.3x	13.8x	12.8x	13.4x	10.3x	12.2x	11x	10.1x
EV / FCF	30.9x	21.7x	23.2x	22.7x	14.2x	18.1x	15.9x	14.5x
FCF Yield	3.24%	4.61%	4.31%	4.4%	7.03%	5.51%	6.3%	6.88%
Dividend per Share ²	0.6112	0.557	0.795	0.8864	1.05	1.253	1.415	1.616
Rate of return	0.88%	0.92%	1.32%	1.37%	2.1%	1.8%	2.03%	2.32%
EPS ²	0.7	2.28	2.91	2.65	2.92	3.385	4.163	4.664
Distribution rate	87.3%	24.4%	27.3%	33.4%	36%	37%	34%	34.6%
Net sales ¹	46,881	54,304	57,786	59,380	59,768	59,508	62,877	65,164
EBITDA ¹	17,321	19,209	19,843	19,976	20,958	21,291	22,894	24,033
EBIT ¹	12,723	14,438	14,768	14,590	15,462	15,903	17,319	18,319
Net income ¹	1,405	4,670	5,969	5,341	5,855	6,926	8,343	9,153
Net Debt ¹	82,916	76,162	69,713	67,573	60,600	58,447	53,848	49,160
Reference price ²	69.74	60.47	60.14	64.57	49.95	69.70	69.70	69.70
Nbr of stocks (in thousands)	19,59,378	20,23,621	19,82,782	19,86,774	19,71,987	19,52,642	19,52,642	-
Announcement Date	25/02/21	24/02/22	02/03/23	29/02/24	26/02/25	-	-	-

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	20.59x	3.27x	9.14x	1.8%	14TCr
HEINEKEN N.V.	18.36x	1.81x	8.2x	2.77%	4.42TCr
AMBEV S.A.	14.81x	2.34x	7.14x	5.98%	4.3TCr
CONSTELLATION BRANDS, INC.	15.61x	4.27x	11.55x	2.54%	2.79TCr
HEINEKEN HOLDING N.V.	18.05x	-	-	-	2.02TCr
CARLSBERG A/S	16.03x	1.99x	9.5x	3.33%	1.85TCr
ASAHI GROUP HOLDINGS, LTD.	14.02x	1.24x	8.69x	3.09%	1.53TCr
BUDWEISER BREWING COMPANY APAC LIMITED	21.33x	1.82x	6.56x	5.36%	1.31TCr
KIRIN HOLDINGS COMPANY, LIMITED	13.55x	1.16x	8.92x	3.03%	1.27TCr
Average	16.93x	2.24x	8.71x	3.49%	3.68TCr
Weighted average by Cap.	18.17x	2.70x	8.83x	2.94%