Professional
Added to YB: 2024-10-02
Pitch date: 2024-09-27
BUD [bullish]
Anheuser-Busch InBev SA/NV
-2.69%
current return
Author Info
No bio for this author
Company Info
Anheuser-Busch InBev SA/NV produces, distributes, exports, markets, and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific.
Market Cap
EUR 121.3B
Pitch Price
EUR 65.50
Price Target
90.00 (+41%)
Dividend
1.79%
EV/EBITDA
9.53
P/E
21.47
EV/Sales
3.22
Sector
Beverages
Category
value
Anheuser-Busch InBev SA/NV Could Benefit From Margin Rebuild and Weaker US Dollar
BUD: AB InBev wide moat from cost advantage & intangibles. Deleveraging & margin rebuild key. Strong LatAm/Africa market share. Global scale, premium brands driving mix. Valuation assumes margin recovery to 31% EBIT. Risks: US brand decline, competition, alcohol trends. FV $90, 24x P/E, 12x EV/EBITDA. Medium uncertainty.
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