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Anheuser-Busch InBev SA (1ABI) Fair Value & Analysis

Consumer Defensive · IT · Market cap €138B

AB Anheuser-Busch InBev SA 1ABI · MI
Price€72.28
Fair Value€46.17
Upside-36.1%
Quality66/100
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Evidence: Medium Range €32.72 – €56.06

Fair value as of: Jul 3, 2026

From 22 valuation models · updated today

Share price +5.2% over the past month.

Price vs Fair Value (12 months)

€74.62 €48.38 Fair Value €46.17 Jul 2025 Jul 2026

12‑month range €48.38 – €74.62 · fair‑value band €32.72 – €56.06 · the €72.28 price screens above the €46.17 fair value. As of Jul 3, 2026.

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Analysis

Anheuser-Busch InBev SA (1ABI) currently trades at €72.28, while our model-based Fair Value estimate is €46.17 — implying the stock looks roughly 36.1% overvalued today. We read business quality at 66/100 (solid quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Anheuser-Busch InBev SA generated revenue of €61.0B at a net margin of 11.9%. Revenue grew 12.0% year over year. It earns a return on equity of 9.1%. Net debt stands at €61.4B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) €61.0B
Revenue growth (YoY) +12.0%
Net margin 11.9%
Return on equity 9.1%
Free cash flow €11.2B FY2025
P/E ratio 22.4
More key figures
Operating margin 26.7%
EPS (TTM) €3.17
EPS growth (YoY) +20.3%
Net debt €61.4B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Anheuser-Busch InBev SA/NV produces and sells beer in North America, Middle Americas, South America, Europe, the Middle East, Africa, and the Asia Pacific. It operates through North America, Middle Americas, South America, EMEA, Asia Pacific, and Global Export and Holding Companies segments. The company also offers flavored malt beverages, soft drinks, spirit-based ready-to-drink cocktails and beverages, and energy drinks. In addition, it operates BEES, a business-to-business digital commerce platform; on-demand delivery platforms under the Zé Delivery and TaDa Delivery brands; and premium at-home draft system under the PerfectDraft brand. The company provides a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona Extra, Michelob Ultra, and Stella Artois; Aguila, Brahma, Carling Black Label, Cass Fresh, Jupiler, Quilmes, SKOL, and Victoria; Beck's, Hoegaarden, and Leffe; Antarctica, Bud Light, Castle, Castle Lite, Cristal, Harbin, Modelo Especial, …

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

Anheuser-Busch InBev SA reported revenue of €59.3B in FY2025 versus €57.8B in FY2022, a compound +0.9%/yr. Reported net income was €6.8B in FY2025, compounding +4.6%/yr from FY2022.

Revenue +0.9%/yr
FY22 €57.8B
FY23 €59.4B
FY24 €59.8B
FY25 €59.3B
Net income +4.6%/yr
FY22 €6.0B
FY23 €5.3B
FY24 €5.9B
FY25 €6.8B

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Recent news

External third-party headlines (Yahoo Finance, Reuters and others) — not an editorial selection, not financial advice.

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Frequently asked questions

Is Anheuser-Busch InBev SA (1ABI) undervalued?
As of Jul 3, 2026, our model estimates a fair value of €46.17 versus a price of €72.28 — about −36% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1ABI?
Our model-based fair value for Anheuser-Busch InBev SA is €46.17 (as of Jul 3, 2026), built from audited fundamentals. The current price is €72.28.
What is the quality score of 1ABI?
Anheuser-Busch InBev SA has a Quality Score of 66/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Anheuser-Busch InBev SA (1ABI)?
Anheuser-Busch InBev SA reported trailing-twelve-month revenue of about €61.0B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1ABI?
The net profit margin of Anheuser-Busch InBev SA is about 11.9%, meaning it keeps roughly 11.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.