1NBA.HA Anheuser-Busch InBev SA/NV
- Market cap
- EUR 88.7B
- P/E
- 16.1x
- P/B
- 1.70x
- ROE
- 13.5%
- Dividend yield
- 1.72%
- Fundamental score
- 3.2/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 1NBA.HA undervalued?
Graham number1NBA.HA trades 10.5% above its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Anheuser-Busch InBev SA/NV fundamental analysis
16 of 22 checks passedROE 1/2
Moderate return on equity (13.5%), between 10% and 20%.
ROA 1/1
Return on assets (5.8%) is above the industry median (4.9%).
Profit Consistency 2/2
Profitable for 8 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (18.2%) is not above the 5-year average (37.5% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (18.2%) is above the industry median (17.2%).
Revenue Growth 1/2
Revenue grew 0.9% a year over the past 3 years.
Short-term Liquidity 0/1
Current assets do not cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 1/2
Moderate debt to equity (72.0%), up to 100%.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 1/1
EBIT is 6.5x against interest expense, well covered.
PE vs Market 1/1
PE (16.1x) is below the market median (19.6x).
PE vs Industry 1/1
PE (16.1x) is below the industry median (21.4x).
PBV 1/1
Price to book (1.7x) is below the industry median (2.6x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 27.5, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.43, growth is cheap.
Dividend Yield 2/2
Dividend yield (4.1%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 66.4%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Anheuser-Busch InBev SA/NV stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
Anheuser-Busch InBev SA/NV financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Anheuser-Busch InBev SA/NV annual financial statements (USD; K = thousand, M = million, B = billion, T = trillion)
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 54.6B | 51.1B | 46.9B | 54.3B | 57.8B | 59.4B | 59.8B | 59.3B | 63.9B |
| Gross Profit | 34.3B | 31.0B | 27.2B | 31.2B | 31.5B | 32.0B | 33.0B | 33.2B | 36.5B |
| Operating Income | 17.2B | 14.9B | 12.6B | 14.2B | 14.5B | 14.4B | 15.3B | 15.7B | 17.4B |
| EBITDA | 17.4B | 22.3B | 7.08B | 18.7B | 19.0B | 19.0B | 20.2B | 20.8B | 20.8B |
| Net Income | 4.37B | 3.35B | 1.41B | 4.67B | 5.97B | 5.34B | 5.86B | 6.84B | 12.6B |
| EPS | 2.23 | 1.71 | 0.71 | 2.36 | 3.01 | 2.69 | 2.96 | 3.50 | 6.41 |
| Balance Sheet | |||||||||
| Total Assets | 232B | 237B | 226B | 218B | 213B | 219B | 207B | 219B | 218B |
| Total Liabilities | 160B | 152B | 148B | 138B | 129B | 127B | 118B | 121B | 117B |
| Shareholders' Equity | 64.5B | 75.7B | 68.0B | 68.7B | 73.4B | 81.8B | 78.2B | 87.3B | 93.5B |
| Cash & Short-term Investments | 7.07B | 7.24B | 15.3B | 12.0B | 9.90B | 10.3B | 11.1B | 11.5B | 7.55B |
| Cash Flow | |||||||||
| Operating Cash Flow | 14.7B | 9.62B | 10.9B | 14.8B | 13.3B | 13.3B | 15.1B | 14.9B | - |
| Capital Expenditure | 5.09B | 5.04B | 3.78B | 5.64B | 5.16B | 4.64B | 3.86B | 3.66B | 0.00 |
| Free Cash Flow | 9.58B | 4.57B | 7.11B | 9.16B | 8.14B | 8.63B | 11.2B | 11.2B | - |
| Ratios | |||||||||
| ROE | 6.8% | 4.4% | 2.1% | 6.8% | 8.1% | 6.5% | 7.5% | 7.8% | 13.5% |
| ROA | 1.9% | 1.4% | 0.6% | 2.1% | 2.8% | 2.4% | 2.8% | 3.1% | 5.8% |
| Net Profit Margin | 8.0% | 6.6% | 3.0% | 8.6% | 10.3% | 9.0% | 9.8% | 11.5% | 19.8% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Anheuser-Busch InBev SA/NV dividends
- Dividend yield
- 1.72%
- Forward dividend
- -
- Payout ratio
- 66.4%
- Ex-dividend date
- -
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | USD 4.54B | 2.33 | 66.4% |
| 2024 | USD 2.67B | 1.35 | 45.6% |
| 2023 | USD 3.01B | 1.52 | 56.4% |
| 2022 | USD 2.44B | 1.23 | 40.9% |
| 2021 | USD 2.36B | 1.19 | 50.6% |
| 2020 | USD 1.80B | 0.91 | 128.1% |
| 2019 | USD 3.85B | 1.96 | 114.7% |
| 2018 | USD 7.76B | 3.97 | 177.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Anheuser-Busch InBev SA/NV
Ownership data of Anheuser-Busch InBev SA/NV is not available yet.
Anheuser-Busch InBev SA/NV company profile
- Company name
- Anheuser-Busch InBev SA/NV
- Ticker
- 1NBA.HA
- ISIN
- BE0974293251
- Exchange
- Hanover Exchange
- Sector
- -
- Industry
- -
- Fiscal year end
- December
- Address
- Website
- -