Anheuser Busch Valuation

BUD Stock  USD 72.53  -0.40  -0.55%   
Current valuation signals point to Anheuser Busch being undervalued, with intrinsic value near $86.92 per share versus a market price of $72.53. This estimate is based on an evaluation of Anheuser Busch fundamentals, including profit margin of 12% and return on equity of 9.09%, together with its technical indicators and probability of bankruptcy. Among the primary drivers of Anheuser Busch's valuation are:
 Price Book
1.6261
 Enterprise Value
202.8 B
 Enterprise Value Ebitda
9.6618
 Price Sales
2.4011
 Forward PE
17.0648
Undervalued
Today
72.53
Current trading conditions suggest that Anheuser Busch's price fluctuation is Very Low right now. This valuation view for Anheuser Busch Inbev reflects a 3 months time horizon. A broader horizon usually helps the model produce a more dependable value estimate over time.
One way to think about the fair value of the Anheuser stock is as the amount a buyer may pay to gain full or partial control of Anheuser Busch Inbev. The market value of Anheuser Stock is set by trading activity as buyers and sellers negotiate price in real time. When market value drifts away from intrinsic value, investors may find an opportunity if that spread closes over time.
Historical Market  72.53 Real  86.92 Target  89.9 Hype  72.8 Naive  71.9
The intrinsic value of Anheuser Busch gives investors a target price range anchored in business fundamentals. Valuation methods for Anheuser Busch's include discounted cash flow analysis, price-to-book ratio, and comparable company multiples.
86.92
Real Value
88.21
Upside
Mapping out the upside and downside potential for Anheuser Busch Inbev gives investors the context they need for informed decisions. How Anheuser stock affects portfolio risk and return depends on its total valuation, not just fundamentals.
Earnings
Estimates
LowProjectedHigh
1.071.121.17
Details
Hype
Prediction
LowEstimatedHigh
71.5172.8074.09
Details
Potential
Annual Dividend
LowForecastedHigh
1.391.421.46
Details
Analyst
Consensus
LowTarget PriceHigh
81.8189.9099.79
Details
For Anheuser Busch in cyclical or capital-intensive industries, normalized earnings and through-cycle cash flows provide a more reliable basis for valuation than peak or trough multiples.

Main Profitability Drivers

Anheuser Busch's net margin stands at 11.53%, with operating margin at 24.95%. The spread of 13.42 percentage points between the two margins reflects the impact of financing costs and tax obligations on Anheuser Busch's earnings. Anheuser Busch generated 59.5 Billion in revenue, producing 33.18 Billion in gross profit (55.8% gross margin) and 6.86 Billion in net income. With ROE at 9.09% and ROA at 4.61%, these return measures help contextualize Anheuser Busch's profitability relative to its balance sheet. Anheuser Busch's profitability picture is mixed, with some metrics improving while others show pressure. The full picture is available through Anheuser Busch's complete profitability review to assess how these metrics compare over time.
 Price Book
1.6261
 Gross Profit
33.2 B
 Price Sales
2.4011
 Profit Margin
0.1153
 Enterprise Value Revenue
3.4196
Based on recent performance metrics, Cash is expected to increase significantly. Cash was pegged at 11.64 Billion in the prior reporting cycle. Based on figures reported on Mar 18, Accounts Payable is expected to moderate to approximately 13.1 B. In addition to that, Change To Account Receivables is projected to grow to approximately -178.2 M.

Anheuser Busch Cash

7.23 Billion

Total Value Analysis

Anheuser Busch Inbev currently shows enterprise value of 202.85 B, market capitalization of 142.44 B, debt of 73.03 B, and cash on hand of 0. That snapshot should be treated as one valuation lens rather than as final proof of fair value because the interpretation can shift quickly when financing assumptions change.
  Takeover PriceMarket CapDebt ObligationsCash
202.85 B
142.44 B
73.03 B
0

Investor Information

The company has price-to-book (P/B) ratio of 1.63. Some equities with similar Price to Book (P/B) outperform the market in the long run. Anheuser Busch Inbev has Price/Earnings To Growth (PEG) ratio of 1.73. The company had its last dividend issued on the 19th of November 2025. The firm completed a 1:10 stock split on 10th of August 2015. Anheuser Busch financial metrics illustrate coordinated liquidity management and asset productivity. Operating returns remain positive, suggesting ongoing earnings capacity. Earnings quality, debt coverage, and cash generation are the primary financial strength indicators for Anheuser Busch.
Current ValueLast YearChange From Last Year 10 Year Trend
Operating Profit Margin0.210.2536
Significantly Down
Slightly volatile
Total Cash From Operating Activities11.4 B14.9 B
Way Down
Slightly volatile
Operating Income12 B15.1 B
Significantly Down
Pretty Stable

Asset Utilization

The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Anheuser Busch has an asset utilization ratio of 27.19 percent. This indicates that the Company is making $0.27 for each dollar of assets. An increasing asset utilization means that Anheuser Busch Inbev is more efficient with each dollar of assets it utilizes for everyday operations.
Macro event markers
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Profitability Analysis

Reviewing the key profitability indicators obtained from Anheuser Busch's historical financial statements, Anheuser Busch's profitability may be sliding down. Current readings indicate it has an above-average probability of reporting lower numbers next quarter. Profitability indicators assess Anheuser Busch's ability to earn profits and add value for shareholders.
 
Net Income  
 First Reported
2007-12-31
 Previous Quarter
1.1 B
 Current Value
B
 Quarterly Volatility
1.7 B
Macro event markers
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Based on figures reported on Mar 18, Net Profit Margin is projected to grow to 0.13, while estimates suggest that Gross Profit is trending lower toward about 24.7 B.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.460.5593
Significantly Down
Slightly volatile
Net Profit Margin0.130.1153
Moderately Up
Slightly volatile
Operating Profit Margin0.210.2536
Significantly Down
Slightly volatile
Pretax Profit Margin0.150.1909
Significantly Down
Slightly volatile
Return On Assets0.04640.0325
Significantly Up
Slightly volatile
Return On Equity0.130.0815
Way Up
Slightly volatile
The profitability module for Anheuser Busch Inbev is designed to show how the business generates income relative to revenue, assets, expenses, and shareholder capital. Used properly, profitability analysis can show what is supporting performance today and what may begin to weaken it later.

Earnings per Share Projection vs Actual

Projected EPS for Anheuser Busch is 1.12, with a low-high corridor of 1.07 to 1.17. The latest trailing EPS is 3.39, allowing a direct check of consensus level versus realized earnings base. When reviewing projected earnings per share for Anheuser Busch Inbev, investors should keep in mind that consensus EPS estimates can include assumptions that smooth non-recurring items and stock-compensation effects. Anheuser Busch is projected to generate 1.12 in earnings per share on 30th of June 2026. Investors usually get the best read by comparing this forecast with actual results, guidance revisions, and the company's historical earnings pattern.
Macro event markers
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes

Earnings Estimation Breakdown

For Anheuser Busch, the next analyst-consensus EPS projection stands at 1.12, with individual estimates spanning from 1.07 to 1.17. This range captures the analytical uncertainty embedded in Anheuser Busch's forward earnings model ahead of the next reporting event. The projection is normalized on a trailing twelve-month basis and strips out non-recurring items that would distort the trend.
Last Reported EPS
0.0
1.07
Lowest
Expected EPS
1.12
1.17
Highest

Earnings Projection Consensus

The relationship between Anheuser Busch's estimated value and its current trading price offers a directional valuation signal. A positive gap - estimate above price - may indicate that the stock is trading below intrinsic value. A negative gap should prompt a review of growth assumptions, sector dynamics, and risk factors before drawing conclusions.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 30th of June 2026Current EPS (TTM)
1288.53%
0.0
1.12
3.39

Ownership Allocation

About 94.13% of Anheuser Busch outstanding shares are held by general public with 5.87% by institutional investors. Of Anheuser Busch's outstanding shares, about 6% are held by institutions and 94% by the general public.

Revenue and Profit Overview

The company reported last year's revenue of 59.5 B. Total Income to common stockholders was 6.86 B with profit before taxes, overhead, and interest of 33.18 B.

Historical Cash Distributions

Anheuser Busch Inbev (BUD) dividend payments may indicate management's confidence in long-term earnings stability. Sustainable dividends typically rely on consistent earnings and stable cash flow generation. Income-focused investors may want to see how Anheuser Busch Inbev (BUD) distributes income.
Investors reviewing Anheuser Busch Inbev usually get better results when valuation is approached as disciplined analysis instead of as one fixed number. The practical goal is to understand how new information changes the valuation case, not to defend one static estimate after conditions move.

Valuation Framework, Methodology & Assumptions

Anheuser Busch is a large-cap equity in Beverages, Food, Beverage & Tobacco, Consumer Defensive categories. Pricing efficiency is compared to peer dispersion. Anheuser Busch currently trades at P/E of 22.82, P/B of 1.63, P/S of 2.4.

Data shown for Anheuser Busch Inbev is aggregated from periodic company reporting and market reference feeds and normalized across reporting formats. Professional analyst research is incorporated when coverage is available. Source publication cadence can introduce delays. Valuation outputs are model-derived and depend on published assumptions and reference inputs.

This content is curated and reviewed by:

Vlad Skutelnik - Macroaxis Contributor
Last reviewed on February 28th, 2026

Growth Indicators

A growth thesis around Anheuser Busch Inbev should be tested carefully because strong valuation often reflects confidence that the business can keep compounding faster than peers. The practical risk is that high expectations leave less room for disappointment when results or guidance soften.
Common Stock Shares OutstandingB
Quarterly Earnings Growth Y O Y0.633
Forward Price Earnings17.0648

Anheuser Busch Current Valuation Indicators

Evaluating Anheuser Busch's value means testing whether the share price matches the economics of the actual business. The business currently sits in the Consumer Defensive sector and the Beverages—Brewers industry. The goal is to judge whether the price reflects too much optimism, too much caution, or a fair read of the business.

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