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United BreweriesNSE:UBL -0.37%74 EV-to-EBITDA is 37.70 as of Sep. 06, 2026, which is 36% below its 10-year median of 58.48. GuruFocus rates NSE:UBL with a GF Score™ of 74/100 and a GF Value™ of ₹2,190.13 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 164 Beverages - Alcoholic companies, United Breweries ranks worse than 87.8% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, United Breweries's enterprise value is ₹345,843 Mil.
United Breweries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was ₹9,173 Mil. Therefore, United Breweries's EV-to-EBITDA for today is 37.70.
The historical rank and industry rank for United Breweries's EV-to-EBITDA or its related term are showing as below:
NSE:UBL'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 25.35 Med: 58.48 Max: 99.3
Current: 37.7
During the past 13 years, the highest EV-to-EBITDA of United Breweries was 99.30. The lowest was 25.35. And the median was 58.48.
NSE:UBL's EV-to-EBITDA is ranked worse than 87.8% of 164
companies
in the Beverages - Alcoholic industry
Industry Median: 10.565
vs NSE:UBL: 37.70
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
United Breweries (NSE:UBL) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
United Breweries's PE Ratio (TTM) for today is calculated as:
United Breweries's share price for today is ₹1279.40.
United Breweries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹14.960.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for United Breweries's EV-to-EBITDA 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.
For the Beverages - Brewers subindustry, United Breweries's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.
United Breweries EV-to-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where United Breweries's EV-to-EBITDA falls into.
United Breweries's current Enterprise Value is ₹345,843 Mil.
United Breweries's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹9,173 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.
United Breweries (NSE:UBL) has a EV-to-EBITDA of 37.70 as of Sep. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on United Breweries. This is 36% below median its historical median of 58.48. Over the past decade, United Breweries' EV-to-EBITDA has ranged from 25.35 to 99.30. According to the industry distribution chart, United Breweries ranks #144 out of 164 companies in the Beverages - Alcoholic industry, placing it in the top 87.8%.
Is United Breweries' EV-to-EBITDA too high?
United Breweries' current EV-to-EBITDA of 37.70 is 36% below median its 10-year median of 58.48. Over the past 10 years, this metric has ranged from a low of 25.35 to a high of 99.30. The Beverages - Alcoholic industry median EV-to-EBITDA is 10.57. United Breweries' value of 37.70 is 256.8% above this industry median. Based on the distribution chart, United Breweries ranks #144 out of 164 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, United Breweries has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries' EV-to-EBITDA compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, United Breweries ranks #144 out of 164 companies for EV-to-EBITDA. This places United Breweries in the lower half of its industry. The industry median EV-to-EBITDA is 10.57. United Breweries' value of 37.70 is 256.8% above this benchmark. Historically, United Breweries' own EV-to-EBITDA has ranged from 25.35 to 99.30 over the past decade. While the company's 10-year median is 58.48 vs. the industry median of 10.57, United Breweries 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-EBITDA for a Beverages - Alcoholic company?
The median EV-to-EBITDA among Beverages - Alcoholic companies is 10.57, based on 164 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United Breweries's current EV-to-EBITDA of 37.70 is 256.8% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on United Breweries. For the Beverages - Alcoholic industry, the median EV-to-EBITDA is 10.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Breweries's current EV-to-EBITDA is 37.70, which is 36% below median its own 10-year median of 58.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries stock overvalued right now?
Based on GuruFocus' analysis, United Breweries (NSE:UBL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹2,190.13, compared to a current price of ₹1,279.40 — trading 41.6% below its estimated fair value. The current EV-to-EBITDA is 37.70, which is 36% below median its 10-year median of 58.48 and 256.8% above the Beverages - Alcoholic industry median of 10.57. United Breweries' overall GF Score™ is 74/100 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-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For United Breweries (NSE:UBL), the current EV-to-EBITDA is 37.70 as of Sep. 06, 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 United Breweries (NSE:UBL) Overvalued in 2026?
Based on GuruFocus' analysis, United Breweries stock appears to be undervalued.
The current stock price of ₹1,279.40 is trading 41.6% below its estimated GF Value™ of ₹2,190.13.
GuruFocus considers United Breweries to be Significantly Undervalued.
Key valuation signals for NSE:UBL:
EV-to-EBITDA: 37.70 (36% below median its 10-year median of 58.48)
GF Value™: ₹2,190.13 vs. price of ₹1,279.40 (41.6% below fair value)
Industry Position: 256.8% above the Beverages - Alcoholic median (#144 of 164)
No single metric tells the full story. See the NSE:UBL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
United Breweries Ltd brews and sells beer and flavored malt beverages in India. The company has dozens of production facilities in India, and it licenses its brands to be manufactured in the United Kingdom, Australia, and New Zealand. The company's flagship brand is Kingfisher, which is prominent in India and is sold in dozens of countries around the world. It has two segments Beer and Non-alcoholic beverages. It derives the majority of its revenue from the Beer segment. The company's other brands include Bullet, Cannon 10000, Kalyani, UB Export, Zingaro, London Pilsner, and Heineken among others. Geographically, it derives key revenue from its business in India and the rest from other regions.
74GF Score
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