EN DE
STOCK COMPARISON

Anheuser Busch Inbev SA vs Alefarm Brewing AS: Fair Value & Quality

Both stocks run through our valuation models. Here is how Anheuser Busch Inbev SA (ABI) and Alefarm Brewing AS (ALEFRM) compare, as of Sep 12, 2026.

As of Sep 12, 2026, Fair Value Calculator sees Anheuser Busch Inbev SA as the less overvalued of the two: Anheuser Busch Inbev SA trades at €67.18 versus a fair value of €60.14 (-10%), while Alefarm Brewing AS trades at DKK 2.95 versus DKK 0.45 (-85%).
Anheuser Busch Inbev SA
ABI.BR · EUR · Consumer Staples
-10%
upside to fair value
overvalued
Price€67.18
Fair Value€60.14
Quality62/100
Alefarm Brewing AS
ALEFRM.CO · DKK · Consumer Staples
-85%
upside to fair value
overvalued
PriceDKK 2.95
Fair ValueDKK 0.45
Quality66/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Anheuser Busch Inbev SAAlefarm Brewing AS
Valuation
22.4×P/E (TTM)—
2.62×P/S (TTM)0.47×
1.83×P/B0.73×
11.2×EV/EBITDA10.9×
1.87×PEG—
−10.5%Fair value upside−84.7%
1.7%Dividend yield—
Profitability
27%Operating margin-8%
1.29×EBIT margin trend (5Y)—
9%Return on equity-17%
5%Return on assets-7%
Growth
12%Revenue growth (YoY)14%
0.9%Avg. growth/yr (3Y)10.5%
4.8%Avg. growth/yr (5Y)12.4%
+9.7%Value creation/yr—
Balance & size
3.9×Interest coverage (EBIT/interest)—
0.83×Debt / equity—
$160BMarket cap$5M
mixedGrowth qualitymixed

Alefarm Brewing AS leads: 3 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Anheuser Busch Inbev SAof which business quality 59 · market factors 68 Alefarm Brewing ASof which business quality 66 · market factors 61
ProfitabilityMargins and returns on capital today
32
26
Quality GrowthAre margins and returns improving?
46
74
CashflowEarnings quality: real cash, not paper profit
85
44
Fin. StrengthBalance sheet, leverage, solvency risk
35
87
InvestmentDisciplined investing over empire-building
80
99
Low VolatilityCalm price path (market factor)
80
44
MomentumPrice trend over the last 3–12 months (market factor)
57
64
52W MomentumDistance to the 52-week high (market factor)
75
74
Net IssuanceBuybacks instead of dilution
96
96

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyAnheuser Busch Inbev SAPrice €67.18Alefarm Brewing ASPrice DKK 2.95
DCF Models-13%close to the price€58.57-68%below the priceDKK 0.93
Earnings-Based-29%below the price€47.80n/a
Multiples+13%close to the price€75.97-80%below the priceDKK 0.60
Asset-Based-49%below the price€34.20-87%below the priceDKK 0.38
Growth DCF-19%below the price€54.60-66%below the priceDKK 1.02
Economic Profit-31%below the price€46.53n/a
Growth Earnings+5%close to the price€70.50n/a
Minimum-49%below the price€34.20-87%below the priceDKK 0.38
Maximum+13%close to the price€75.97-66%below the priceDKK 1.02
Median-19%below the price€54.60-74%below the priceDKK 0.77
Geometric mean-20%below the price€53.79-77%below the priceDKK 0.68

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Anheuser Busch Inbev SA: 13 of 23 models see the stock below the current price.

Alefarm Brewing AS: 10 of 10 models see the stock below the current price.

Scenario ranges

From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.

Anheuser Busch Inbev SA
Bear €36.09Fair Value €60.14Bull €78.78
€67.18 = current price (white tick)
Alefarm Brewing AS
Bear DKK 0.35Fair Value DKK 0.45Bull DKK 0.54
DKK 2.95 = current price (white tick)

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Anheuser Busch Inbev SA · Consumer Staples

Quality score62 · above median
Fair value upside-10% · below median

Alefarm Brewing AS · Consumer Staples

Quality score66 · Top 25%
Fair value upside-85% · bottom 25%

Bottom line

As of Sep 12, 2026, Fair Value Calculator sees Anheuser Busch Inbev SA as the less overvalued of the two: Anheuser Busch Inbev SA trades at €67.18 versus a fair value of €60.14 (-10%), while Alefarm Brewing AS trades at DKK 2.95 versus DKK 0.45 (-85%).

Alefarm Brewing AS has the higher quality score (66/100).

See the full analysis →
Anheuser Busch Inbev SA · Alefarm Brewing AS

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Related to Anheuser Busch Inbev SA

British American Tobacco p.l.c. vs WalmartAltria vs WalmartBritish American Tobacco p.l.c. vs Costco WholesaleCostco Wholesale vs Altria

Related to Alefarm Brewing AS

British American Tobacco p.l.c. vs Coca-ColaAlphabet Inc Class C vs Verizon CommunicationsAlphabet Inc Class C vs At&tAlphabet Inc Class C vs NetEase
Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.