Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) EBIT : $527 Mil (TTM As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Budweiser Brewing Co APAC EBIT?

Budweiser Brewing Co APAC's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was $110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was $527 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Budweiser Brewing Co APAC's annualized ROC % for the quarter that ended in Dec. 2023 was -0.99%. Budweiser Brewing Co APAC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 14.74%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Budweiser Brewing Co APAC's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 3.45%.

Budweiser Brewing Co APAC EBIT Historical Data

The historical data trend for Budweiser Brewing Co APAC's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Budweiser Brewing Co APAC EBIT Chart

Budweiser Brewing Co APAC Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

Get a 7-Day Free Trial

1,391.00

927.00

1,432.00

1,308.00

1,359.00

Budweiser Brewing Co APAC Quarterly Data
	Dec17	Mar18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial													429.00	88.00	-	417.00	110.00

Competitive Comparison of Budweiser Brewing Co APAC's EBIT

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Budweiser Brewing Co APAC's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Budweiser Brewing Co APAC's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Budweiser Brewing Co APAC's EV-to-EBIT falls into.

Budweiser Brewing Co APAC EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $527 Mil.

Budweiser Brewing Co APAC (OTCPK:BDWBF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Budweiser Brewing Co APAC's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2023 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	252 * ( 1 - 154.55% )	/	( (0	+	13867)	/ 1 )
=	-137.466	/	13867
=	-0.99 %

where

	Invested Capital		(Q: Sep. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	0	-	0	-	( 0	-	max(0, 0	-	0	+	0	))
=	0

	Invested Capital		(Q: Dec. 2023 )
=	Total Assets	-	Accounts Payable & Accrued Expense	-	Excess Cash
=	Total Assets	-	Accounts Payable & Accrued Expense	-	( Cash, Cash Equivalents, Marketable Securities	-	max(0, Total Current Liabilities	-	Total Current Assets	+	Cash, Cash Equivalents, Marketable Securities	))
=	16234	-	2757	-	( 3166	-	max(0, 4649	-	4259	+	3166	))
=	13867

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

2. Joel Greenblatt's definition of Return on Capital:

Budweiser Brewing Co APAC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2023		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	440	/	( ( (0 + max(0, 0))	+	(2986 + max(-3327, 0)) )	/	1 )
=	440	/	( ( 0	+	2986 )	/	1 )
=	440	/	2986
=	14.74 %

where Working Capital is:

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0)	-	(0	+	0	+	0)
=	0

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(427	+	444	+	214)	-	(2757	+	0	+	1655)
=	-3327

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Budweiser Brewing Co APAC's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	527	/	15294.593
	=	3.45 %

Budweiser Brewing Co APAC EBIT Related Terms

Thank you for viewing the detailed overview of Budweiser Brewing Co APAC's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.

Budweiser Brewing Co APAC (Budweiser Brewing Co APAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Budweiser Brewing Co APAC Ltd (OTCPK:BDWBF) » Definitions » EBIT

Traded in Other Exchanges

BDWBY:USA 01876:Hong Kong 4BB:Germany

Address

1 Matheson Street, Suites 3012-16, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG

Website

https://www.budweiserapac.com

Budweiser Brewing Company APAC is the largest brewer in Asia by retail sales value and the second largest by volume, according to Euromonitor. After 10% of the business was listed on the Hong Kong exchange in 2019, parent company Anheuser-Busch InBev owns close to 90% of the company's equity.Budweiser APAC's largest markets are China (roughly 80% of 2022 revenue), South Korea (12%), and India (6%). The remaining 2% comprises Japan, New Zealand, and other export markets in the Asia-Pacific region. The company predominantly produces, imports, markets, distributes, and sells a portfolio of more than 50 beer brands, both owned and licensed, including global brands Budweiser, Stella Artois, and Corona along with multicountry brands and local brands such as Hoegaarden, Cass, and Harbin.