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Budweiser Brewing Company APAC Limited (1876.HK)

HKD6.35 +0.00 (+0.00%)
HK HKSE Consumer Defensive Beverages - Alcoholic
Address Hysan Place
Hong Kong, HK
CEO Yanjun Cheng
IPO 2019-09-30
ISIN KYG1674K1013

Explore sections of this company profile

Also trades on Hong Kong Stock Exchange · 1876.HK (HKD) Other OTC · BDWBF (USD) Other OTC · BDWBY (USD)
Description

Budweiser Brewing Company APAC Limited, an investment holding company, engages in brewing and distribution of beer in South Korea, Japan, New Zealand, China, India, Vietnam, Southeast Asia, and internationally. It brews, imports, markets, distributes, and sells a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Harbin, Hoegaarden, and Cass. The company was founded in 1876 and is headquartered in Causeway Bay, Hong Kong. Budweiser Brewing Company APAC Limited operates as a subsidiary of AB InBev Brewing Company (APAC) Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
HKD6.35 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
15M
Beta
0.46
Float Shares
1.66B
Free Float %
12.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.50% -1.23% +3.63% -3.15% +0.63% +5.40% -6.65% -61.81% -69.47% -71.63% -71.63%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
6.35
DCF (Unlevered) 9.83 +54.8%
DCF (Levered) 12.51 +97.0%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 81% Bullish
Rating 2026-05 Change
Strong Buy 6 0
Buy 15 +2
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.61
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
4 / 5
High
ROE Score
2 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Alcoholic: +1.2%
    -7.4% Q4'25: -17.7% (vs Q4'23)
  • EPS growth Beverages - Alcoholic: +10.7%
    -32.6% Q4'25: -70.6% (vs Q4'23)
  • FCF margin FCF growth · Beverages - Alcoholic: -4.0%
    +8.5% Q4'25: +18.5% (vs Q4'23)
  • EBIT margin Beverages - Alcoholic: +13.7%
    +15.6% Q4'25: +10.0% (vs Q4'23)
  • ROIC Beverages - Alcoholic: +6.8%
    +7.0% Q4'25: +8.2% (vs Q4'23)
  • Share dilution Beverages - Alcoholic: +0.0%
    +0.3% Q4'25: -0.1% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Alcoholic: -0.12×
    0.18× Q4'25: 0.12× (vs Q4'23)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.49) × ERP
WACC = 98% × Ke + 2% × Kd (14.5%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 9.73 Current price: 6.35
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
22 Rev. Ana.
15 EPS Ana.
Dec 2027
25 Rev. Ana.
17 EPS Ana.
Dec 2028
21 Rev. Ana.
19 EPS Ana.
Dec 2029
10 Rev. Ana.
9 EPS Ana.
Revenue
51.29B
est: 51.54B (-0.5%)
43.34B
est: 43.80B (-1.0%)
52.76B
est: 51.46B (+2.5%)
50.73B
est: 52.31B (-3.0%)
53.54B
est: 6.59B (+712.5%)
48.51B
est: 48.99B (-1.0%)
44.94B
est: 44.97B (-0.1%)
46.57B
44.60B – 48.06B
+3.5% YoY
48.10B
45.19B – 53.07B
+3.3% YoY
49.59B
47.03B – 52.98B
+3.1% YoY
59.30B
56.24B – 63.35B
+19.6% YoY
EBITDA
6.47B
est: 14.88B (-56.5%)
12.11B
est: 1.78B (+582.1%)
16.56B
est: 2.05B (+707.6%)
13.98B
est: 2.20B (+534.7%)
15.63B
est: 1.88B (+732.3%)
13.70B
est: 13.99B (-2.1%)
11.75B
est: 12.82B (-8.4%)
13.28B
12.71B – 13.70B
+3.5% YoY
13.71B
12.88B – 15.13B
+3.3% YoY
14.14B
13.41B – 15.10B
+3.1% YoY
16.90B
16.03B – 18.06B
+19.6% YoY
EBIT
1.39B
est: 9.64B (-85.6%)
7.14B
est: 1.19B (+498.5%)
11.08B
est: 1.38B (+704.7%)
9.34B
est: 1.48B (+531.7%)
10.56B
est: 1.22B (+764.9%)
8.68B
est: 9.10B (-4.6%)
7.02B
est: 8.34B (-15.7%)
8.63B
8.27B – 8.91B
+3.5% YoY
8.91B
8.37B – 9.84B
+3.3% YoY
9.19B
8.72B – 9.82B
+3.1% YoY
10.99B
10.42B – 11.74B
+19.6% YoY
Net Income
7.04B
est: 7.58B (-7.1%)
3.99B
est: 787.17M (+406.4%)
7.38B
est: 909.53M (+711.9%)
7.15B
est: 976.63M (+632.0%)
852.00M
est: 818.00M (+4.2%)
5.64B
est: 6.11B (-7.7%)
3.81B
est: 4.74B (-19.6%)
4.88B
4.34B – 5.41B
+2.9% YoY
5.64B
4.96B – 6.32B
+15.6% YoY
5.93B
4.43B – 7.42B
+5.1% YoY
7.34B
6.84B – 7.99B
+23.8% YoY
SGA
17.60B
est: 5.29B (+232.5%)
2.14B
est: 1.86B (+14.9%)
2.38B
est: 2.15B (+10.9%)
2.12B
est: 2.30B (-8.0%)
2.19B
est: 1.07B (+105.5%)
16.33B
est: 2.87B (+469.4%)
15.48B
est: 7.28B (+112.8%)
7.53B
7.22B – 7.78B
+3.5% YoY
7.78B
7.31B – 8.59B
+3.3% YoY
8.02B
7.61B – 8.57B
+3.1% YoY
9.59B
9.10B – 10.25B
+19.6% YoY
EPS
0.53
est: 0.57 (-7.0%)
0.30
est: 0.36 (-16.5%)
0.56
est: 0.55 (+2.3%)
0.54
est: 0.59 (-7.8%)
0.50
est: 0.06 (+706.3%)
0.42
est: 0.45 (-7.4%)
0.29
est: 0.35 (-17.6%)
0.37
0.33 – 0.41
+4.6% YoY
0.41
0.37 – 0.47
+11.8% YoY
0.44
0.33 – 0.56
+6.3% YoY
0.55
0.51 – 0.60
+25.7% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-11 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-05-08 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-05-07 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-05-06 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-05-05 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-05-04 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-30 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-29 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-28 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-27 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-24 B+ 3/5 4/5 2/5 4/5 3/5 2/5 4/5
2026-04-23 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5
2026-04-22 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5
2026-04-21 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5
2026-04-20 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5
2026-04-17 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5
2026-04-16 B+ 3/5 4/5 2/5 4/5 2/5 2/5 4/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
22.87B
OE per share TTM
1.72
Owner's Yield
21.58%
Maintenance CapEx ratio
601.80%
Maint CapEx / Avg PPE
49.9%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 68 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares Asia/Pacific Dividend ETF DVYA 1.13% 775.1K 0.49%
2 iShares Asia Pacific Dividend UCITS ETF IDAP.L 1.13% 7.18M 0.59%
3 iShares Dow Jones Asia Pacific Select Dividend 50 UCITS ETF (DE) EXXW.DE 1.13% 7.56M 0.31%
4 First Trust Dow Jones Global Select Dividend Index Fund FGD 0.82% 11.99M 0.55%
5 abrdn Emerging Markets Dividend Active ETF AGEM 0.65% 2.33M 1.18%
6 Pacer Global Cash Cows Dividend ETF GCOW 0.40% 12.95M 0.60%
7 iShares International Select Dividend ETF IDV 0.39% 31.89M 0.50%
8 JPMorgan Diversified Return International Equity ETF JPIN 0.17% 615.6K 0.37%
9 WisdomTree China ex-State-Owned Enterprises Fund CXSE 0.15% 722.6K 0.32%
10 iShares Global Monthly Dividend Index ETF (CAD-Hedged) CYH.TO 0.11% 154.3K 0.66%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
336.0K
Shares Outstanding
13.23B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Yanjun Cheng Chief Executive Officer & Co-Chair of the Board 11M male
Bernardo Novick Rettich Chief Financial Officer male
Brian Perkins President of UK & Ireland male
Craig Katerberg Chief Legal & Corporation Affairs Officer male
Fabio Sala BU President of China male
Hongsun Qian Vice President of People female
Ben Verhaert President of East Asia male
Kartikeya Sharma BU President of India & South East Asia male
Peter Cammaerts President of East Asia male
Qi Che Vice President of Marketing male
Wing Tsz FCIS Joint Company Secretary female
Ignacio Lares Chief Financial Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits