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East African BreweriesNAI:EABL +0.65%87 EV-to-FCF is 13.59 as of Jul. 25, 2026, which is 7% below its 10-year median of 14.57. GuruFocus rates NAI:EABL with a GF Score™ of 87/100 and a GF Value™ of KES320.71 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 137 Beverages - Alcoholic companies, East African Breweries ranks better than 60.58% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, East African Breweries's Enterprise Value is KES250,897 Mil.
East African Breweries's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES18,467 Mil. Therefore, East African Breweries's EV-to-FCF for today is 13.59.
The historical rank and industry rank for East African Breweries's EV-to-FCF or its related term are showing as below:
NAI:EABL'
s EV-to-FCF Range Over the Past 10 Years
Min: -97.17 Med: 14.57 Max: 406.33
Current: 12.8
During the past 13 years, the highest EV-to-FCF of East African Breweries was 406.33. The lowest was -97.17. And the median was 14.57.
NAI:EABL's EV-to-FCF is ranked better than 60.58% of 137
companies
in the Beverages - Alcoholic industry
Industry Median: 17.25
vs NAI:EABL: 12.80
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
East African Breweries (NAI:EABL) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
East African Breweries's PE Ratio (TTM) for today is calculated as:
East African Breweries's share price for today is KES270.75.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. East African Breweries's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was KES25.087.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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, East African Breweries's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
East African Breweries EV-to-FCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, East African Breweries's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where East African Breweries's EV-to-FCF falls into.
East African Breweries's current Enterprise Value is KES250,897 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. East African Breweries's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was KES18,467 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.
East African Breweries (NAI:EABL) has a EV-to-FCF of 13.59 as of Jul. 25, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on East African Breweries and its competitors. This is near median its historical median of 14.57. According to the industry distribution chart, East African Breweries ranks #54 out of 137 companies in the Beverages - Alcoholic industry, placing it in the top 39.4%.
Is East African Breweries' EV-to-FCF too high?
East African Breweries' current EV-to-FCF of 13.59 is near median its 10-year median of 14.57. The Beverages - Alcoholic industry median EV-to-FCF is 17.25. East African Breweries' value of 13.59 is 21.2% below this industry median. Based on the distribution chart, East African Breweries ranks #54 out of 137 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, East African Breweries has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does East African Breweries' EV-to-FCF compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, East African Breweries ranks #54 out of 137 companies for EV-to-FCF. This puts East African Breweries in the upper half of its industry. The industry median EV-to-FCF is 17.25. East African Breweries' value of 13.59 is 21.2% below this benchmark. While the company's 10-year median is 14.57 vs. the industry median of 17.25, East African Breweries has consistently been below 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-FCF for a Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 17.25, based on 137 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. East African Breweries's current EV-to-FCF of 13.59 is 21.2% below 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on East African Breweries and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 17.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East African Breweries's current EV-to-FCF is 13.59, which is near median its own 10-year median of 14.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East African Breweries stock overvalued right now?
Based on GuruFocus' analysis, East African Breweries (NAI:EABL) is currently considered Modestly Undervalued. The stock's GF Value™ is KES320.71, compared to a current price of KES270.75 — trading 15.6% below its estimated fair value. The current EV-to-FCF is 13.59, which is near median its 10-year median of 14.57 and 21.2% below the Beverages - Alcoholic industry median of 17.25. East African Breweries' overall GF Score™ is 87/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For East African Breweries (NAI:EABL), the current EV-to-FCF is 13.59 as of Jul. 25, 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 East African Breweries (NAI:EABL) Overvalued in 2026?
Based on GuruFocus' analysis, East African Breweries stock appears to be undervalued.
The current stock price of KES270.75 is trading 15.6% below its estimated GF Value™ of KES320.71.
GuruFocus considers East African Breweries to be Modestly Undervalued.
Key valuation signals for NAI:EABL:
EV-to-FCF: 13.59 (near median its 10-year median of 14.57)
GF Value™: KES320.71 vs. price of KES270.75 (15.6% below fair value)
Industry Position: 21.2% below the Beverages - Alcoholic median (#54 of 137)
No single metric tells the full story. See the NAI:EABL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue mainly from brewing, marketing, and selling of drinks, malt, and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.
87GF Score
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