Anheuser-Busch InBev SA/NV ABI StarRatingValueLabel_5Ioannis Pontikis, CFA - Senior Equity Analyst - Morningstar Inc.

Last Price
56.06
Day Change
0.02|0.04%

As of 25/04/2024
08:04:12 CEST | EUR  Minimum 15 Minutes Delay.

Bid/OfferDay RangeVolume90d Ave VolMkt Cap
56.00 - 56.0055.66 - 56.521,405,5021,346,252110.50Bil
Last Close52 Week RangeP/EYield %ISIN
56.0449.17 - 61.2523.071.34BE0974293251

Anheuser-Busch InBev SA/NV Share Price

Morningstar's Take ABI

Anheuser-Busch InBev, or AB InBev, has been acquisitive, having made transformative deals for Interbrew and Anheuser-Busch, and more recently acquiring Grupo Modelo, Oriental Brewery, and SABMiller. Management's strategy is to buy brands with a promising growth platform, expand distribution, and ruthlessly squeeze costs from the business.

Fair Value Estimate

83.00 EUR

Uncertainty

Average

Economic Moat

Wide

Financial Strength

Financial Strength
There is no one analyst in which a Quantitative Fair Value Estimate is attributed to; however, Mr. Lee Davidson, Head of Quantitative Research for Morningstar, Inc., is responsible for overseeing the methodology that supports the quantitative fair value. As an employee of Morningstar, Inc., Mr. Davidson is guided by Morningstar, Inc.’s Code of Ethics and Personal Securities Trading Policy in carrying out his responsibilities. For information regarding Conflicts of Interests, click here.
Ioannis Pontikis, CFA - Senior Equity Analyst - Morningstar Inc.
The conduct of Morningstar's analysts is governed by Morningstar's Code of Ethics, Securities Trading and Disclosure Policy, and Investment Research Integrity Policy. For information regarding conflicts of interest, please click here.
Fair Value is derived from a detailed projection of a company’s future cash flows. Analysts create custom industry and company assumptions to feed income statement, balance sheet, and capital investment assumptions into a proprietary discounted cash flow modeling template. Scenario analysis, in-depth competitive advantage analysis, and a variety of other analytical tools are used to augment the discounted cash flow process. Combining analysts’ financial forecasts with the firm’s economic moat helps us assess how long returns on invested capital are likely to exceed the firm’s cost of capital. Because we are modeling free cash flow to the firm—representing cash available to provide a return to all capital providers—we discount future cash flows using the weighted average of the costs of equity, debt, and preferred stock (and any other funding sources), using expected future proportionate long-term, market-value weights. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Qualitative Fair Value, please click here.
Financials
202120222023
more...
Income Statement
Revenue54,304.0057,786.0059,380.00
Operating Income13,905.0014,465.0014,260.00
Net Income4,670.005,969.005,341.00
Basic EPS2.332.972.65
Avg. Diluted Shares Outstanding2,0452,0502,054
Balance Sheet
Current Assets23,949.0023,186.0023,367.00
Non Current Assets193,678.00189,757.00195,973.00
Total Assets217,627.00212,943.00219,340.00
Current Liabilities34,184.0034,383.0037,156.00
Total Liabilities---
Total Equity68,669.0073,398.0081,848.00
Cash Flow
Operating Cash Flow14,799.0013,298.0013,265.00
Capital Expenditure-5,640.00-5,160.00-4,638.00
Free Cash Flow9,159.008,138.008,627.00

In millions, except "Basic EPS". Currency is USD.

Company Profile

Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Sector

Consumer Defensive

Industry

Beverages - Brewers

Stock Style

Large-Blend

Fiscal Year Ends

December

Employees

154,540
Key Stats
more...
Price/Earning TTM-
Price/Book1.44
Price/Sales TTM-
Rev Growth (3 year avg)8.20
EPS Growth (3 year avg)-
Operating Margin % TTM24.01
Net Margin % TTM8.99
ROE TTM6.88
Debt/Equity0.91
Dividends
PreviousLatest
Declared Date02/03/2328/02/24
Ex-Div03/05/2303/05/24
Paid05/05/2307/05/24
Amnt0.750.82
Ioannis Pontikis, CFA - Senior Equity Analyst - Morningstar Inc.
The conduct of Morningstar's analysts is governed by Morningstar's Code of Ethics, Securities Trading and Disclosure Policy, and Investment Research Integrity Policy. For information regarding conflicts of interest, please click here.
Fair Value is derived from a detailed projection of a company’s future cash flows. Analysts create custom industry and company assumptions to feed income statement, balance sheet, and capital investment assumptions into a proprietary discounted cash flow modeling template. Scenario analysis, in-depth competitive advantage analysis, and a variety of other analytical tools are used to augment the discounted cash flow process. Combining analysts’ financial forecasts with the firm’s economic moat helps us assess how long returns on invested capital are likely to exceed the firm’s cost of capital. Because we are modeling free cash flow to the firm—representing cash available to provide a return to all capital providers—we discount future cash flows using the weighted average of the costs of equity, debt, and preferred stock (and any other funding sources), using expected future proportionate long-term, market-value weights. If our base-case assumptions are true the market price will converge on our fair value estimate over time, generally within three years. Investments in securities are subject to market and other risks. Past performance of a security may or may not be sustained in future and is no indication of future performance. For detail information about the Qualitative Fair Value, please click here.