Anheuser-Busch InBev/NV (LTS:0RJI) EV-to-EBIT: 23.18 (As of Sep. 14, 2026) — 67% Above Median

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LTS:0RJI Anheuser-Busch InBev SA/NV LTS:0RJI
77 GF Score
Price €66.98
GF Value €60.60
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Anheuser-Busch InBev/NV EV-to-EBIT?

Anheuser-Busch InBev/NV LTS:0RJI -0.28% 77 EV-to-EBIT is 23.18 as of Sep. 14, 2026, which is 67% above its 10-year median of 13.85. GuruFocus rates LTS:0RJI with a GF Score™ of 77/100 and a GF Value™ of €60.60 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 156 Beverages - Alcoholic companies, Anheuser-Busch InBev/NV ranks better than 51.28% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Anheuser-Busch InBev/NV's Enterprise Value is €194,438 Mil. Anheuser-Busch InBev/NV's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €8,390 Mil. Therefore, Anheuser-Busch InBev/NV's EV-to-EBIT for today is 23.18.

The historical rank and industry rank for Anheuser-Busch InBev/NV's EV-to-EBIT or its related term are showing as below:

LTS:0RJI' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.95   Med: 13.85   Max: 36.73
Current: 12.91

During the past 13 years, the highest EV-to-EBIT of Anheuser-Busch InBev/NV was 36.73. The lowest was 6.95. And the median was 13.85.

LTS:0RJI's EV-to-EBIT is ranked better than
51.28% of 156 companies
in the Beverages - Alcoholic industry
Industry Median: 13.35 vs LTS:0RJI: 12.91

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Anheuser-Busch InBev/NV's Enterprise Value for the quarter that ended in Jun. 2026 was €206,386 Mil. Anheuser-Busch InBev/NV's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €8,390 Mil. Anheuser-Busch InBev/NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.06%.


Anheuser-Busch InBev/NV  (LTS:0RJI) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Anheuser-Busch InBev/NV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=8389.514/206385.57086
=4.06 %

Anheuser-Busch InBev/NV's Enterprise Value for the quarter that ended in Jun. 2026 was €206,386 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Anheuser-Busch InBev/NV's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €8,390 Mil.

* 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.


Anheuser-Busch InBev/NV EV-to-EBIT Related Terms


Anheuser-Busch InBev/NV EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Anheuser-Busch InBev/NV's EV-to-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.

Anheuser-Busch InBev/NV EV-to-EBIT Chart

Anheuser-Busch InBev/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.18 14.32 15.07 11.64 12.97

Anheuser-Busch InBev/NV Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.86 11.64 13.26 12.97 13.67

LTS:0RJI vs STZ, TAP: EV-to-EBIT Comparison

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV EV-to-EBIT vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's EV-to-EBIT falls into.


LTS:0RJI
77GF Score
Anheuser-Busch InBev SA/NV LTS:0RJI
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anheuser-Busch InBev/NV EV-to-EBIT Calculation

Anheuser-Busch InBev/NV's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=194438.424/8389.514
=23.18

Anheuser-Busch InBev/NV's current Enterprise Value is €194,438 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Anheuser-Busch InBev/NV's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was €8,390 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBIT →
What does a EV-to-EBIT of 23.18 mean?
Anheuser-Busch InBev/NV (LTS:0RJI) has a EV-to-EBIT of 23.18 as of Sep. 14, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Anheuser-Busch InBev/NV and its competitors. This is 67% above median its historical median of 13.85. Over the past decade, Anheuser-Busch InBev/NV's EV-to-EBIT has ranged from 6.95 to 36.73. According to the industry distribution chart, Anheuser-Busch InBev/NV ranks #76 out of 156 companies in the Beverages - Alcoholic industry, placing it in the top 48.7%.
Is Anheuser-Busch InBev/NV's EV-to-EBIT too high?
Anheuser-Busch InBev/NV's current EV-to-EBIT of 23.18 is 67% above median its 10-year median of 13.85. Over the past 10 years, this metric has ranged from a low of 6.95 to a high of 36.73. The Beverages - Alcoholic industry median EV-to-EBIT is 13.35. Anheuser-Busch InBev/NV's value of 23.18 is 73.6% above this industry median. Based on the distribution chart, Anheuser-Busch InBev/NV ranks #76 out of 156 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's EV-to-EBIT compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Anheuser-Busch InBev/NV ranks #76 out of 156 companies for EV-to-EBIT. This puts Anheuser-Busch InBev/NV in the upper half of its industry. The industry median EV-to-EBIT is 13.35. Anheuser-Busch InBev/NV's value of 23.18 is 73.6% above this benchmark. Historically, Anheuser-Busch InBev/NV's own EV-to-EBIT has ranged from 6.95 to 36.73 over the past decade. While the company's 10-year median is 13.85 vs. the industry median of 13.35, Anheuser-Busch InBev/NV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Beverages - Alcoholic company?
The median EV-to-EBIT among Beverages - Alcoholic companies is 13.35, based on 156 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anheuser-Busch InBev/NV's current EV-to-EBIT of 23.18 is 73.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Anheuser-Busch InBev/NV and its competitors. For the Beverages - Alcoholic industry, the median EV-to-EBIT is 13.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current EV-to-EBIT is 23.18, which is 67% above median its own 10-year median of 13.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anheuser-Busch InBev/NV stock overvalued right now?
Based on GuruFocus' analysis, Anheuser-Busch InBev/NV (LTS:0RJI) is currently considered Modestly Overvalued. The stock's GF Value™ is €60.60, compared to a current price of €66.98 — trading 10.5% above its estimated fair value. The current EV-to-EBIT is 23.18, which is 67% above median its 10-year median of 13.85 and 73.6% above the Beverages - Alcoholic industry median of 13.35. Anheuser-Busch InBev/NV's overall GF Score™ is 77/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (LTS:0RJI), the current EV-to-EBIT is 23.18 as of Sep. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Anheuser-Busch InBev/NV (LTS:0RJI) Overvalued in 2026?

Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued. The current stock price of €66.98 is trading 10.5% above its estimated GF Value™ of €60.60. GuruFocus considers Anheuser-Busch InBev/NV to be Modestly Overvalued.

Key valuation signals for LTS:0RJI:

  • EV-to-EBIT: 23.18 (67% above median its 10-year median of 13.85)
  • GF Value™: €60.60 vs. price of €66.98 (10.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 73.6% above the Beverages - Alcoholic median (#76 of 156)

No single metric tells the full story. See the LTS:0RJI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Anheuser-Busch InBev/NV Business Description

Address Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and US-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev, an 87% stake in Budweiser APAC, and in 2016 acquired SABMiller.
77GF Score

Get the complete analysis for LTS:0RJI

EV-to-EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€66.98
Price
€60.60
GF Value