Anheuser-Busch Inbev SA Sponsored logged a 0.8% change during today's morning session, and is now trading at a price of $55.51 per share.
As of April 2023, Anheuser-Busch Inbev SA Sponsored shares had a 50-day average price of $56.82. Anheuser-Busch InBev SA/NV produces, distributes, markets, and sells beer and beverages. Based in Leuven, Belgium, the large-cap Consumer Staples company has 167,000 full time employees. Anheuser-Busch Inbev SA Sponsored has offered a 1.5% dividend yield over the last 12 months.
Exceptional Profitability Overshadowed by Excessive Leverage:
| 2019-12-31 | 2020-12-31 | 2021-12-31 | 2022-12-31 | |
|---|---|---|---|---|
| Revenue (MM) | $52,329 | $46,881 | $54,304 | $57,786 |
| Gross Margins | 61.1% | 58.1% | 57.5% | 54.5% |
| Operating Margins | 30.1% | 27.1% | 25.7% | 24.7% |
| Net Margins | 17.53% | 3.0% | 8.6% | 10.33% |
| Net Income (MM) | $9,171 | $1,406 | $4,670 | $5,969 |
| Net Interest Expense (MM) | -$3,720 | -$5,245 | -$5,609 | -$4,480 |
| Depreciation & Amort. (MM) | -$4,657 | -$4,829 | -$5,052 | -$5,078 |
| Earnings Per Share | $4.53 | $0.7 | $2.28 | $3.67 |
| EPS Growth | n/a | -84.55% | 225.71% | 60.96% |
| Diluted Shares (MM) | 2,026 | 1,984 | 2,045 | 5,697 |
| Free Cash Flow (MM) | $8,222 | $9,182 | $9,159 | $8,138 |
| Capital Expenditures (MM) | -$5,174 | -$4,854 | -$5,640 | -$5,160 |
| Net Current Assets (MM) | -$123,281 | -$121,540 | -$114,338 | -$105,479 |
| Current Ratio | 0.83 | 0.82 | 0.7 | 0.67 |
| Long Term Debt (MM) | $95,872 | $93,642 | $85,539 | $76,917 |
| Net Debt / EBITDA | 4.63 | 6.08 | 4.24 | 3.9 |
Anheuser-Busch Inbev SA Sponsored has strong margins with a stable trend, a steady stream of strong cash flows, and stable revenues and a flat capital expenditure trend. However, Anheuser-Busch Inbev SA Sponsored has slimmer gross margins than its peers, declining EPS growth, and a highly leveraged balance sheet.
A Very Low P/E Ratio but Trades Above Its Graham Number:
Anheuser-Busch Inbev SA Sponsored has a trailing twelve month P/E ratio of 15.5, compared to an average of 24.36 for the Consumer Staples sector. Based on its EPS guidance of $3.73, the company has a forward P/E ratio of 15.2. The -3.8% compound average growth rate of Anheuser-Busch Inbev SA Sponsored's historical and projected earnings per share yields a PEG ratio of -4.06. This indicates that its shares are overvalued.Furthermore, Anheuser-Busch Inbev SA Sponsored is likely overvalued compared to the book value of its equity, since its P/B ratio of 8.53 is higher than the sector average of 4.29. The company's shares are currently trading 174.6% above their Graham number. Ultimately, Anheuser-Busch Inbev SA Sponsored's strong cash flows, decent earnings multiple, and healthy debt levels factor towards it being fairly valued, its elevated P/B ratio notwithstanding.
Anheuser-Busch Inbev SA Sponsored Has No Average Rating Visible In Our Data:
The 6 analysts following Anheuser-Busch Inbev SA Sponsored have set target prices ranging from $63.0 to $70.0 per share, for an average of $67.08 with a buy rating. As of April 2023, the company is trading -15.3% away from its average target price, indicating that there is an analyst consensus of some upside potential.
The largest shareholder is Dodge & Cox Inc, whose 1% stake in the company is worth $1,403,610,718.
