Budweiser Brewing Co APAC (FRA:4BB) Net Margin %: -9.79% (As of Dec. 2025)


FRA:4BB Budweiser Brewing Co APAC Ltd FRA:4BB
88 GF Score
Price €0.69
GF Value €0.94
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Budweiser Brewing Co APAC Net Margin %?

Budweiser Brewing Co APAC FRA:4BB +1.48% 88 Net Margin % is -9.79% as of Dec. 2025. GuruFocus rates FRA:4BB with a GF Score™ of 88/100 and a GF Value™ of €0.94 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 212 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks better than 63.21% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Budweiser Brewing Co APAC's Net Income for the three months ended in Dec. 2025 was €-90 Mil. Budweiser Brewing Co APAC's Revenue for the three months ended in Dec. 2025 was €916 Mil. Therefore, Budweiser Brewing Co APAC's net margin for the quarter that ended in Dec. 2025 was -9.79%.

The historical rank and industry rank for Budweiser Brewing Co APAC's Net Margin % or its related term are showing as below:

FRA:4BB' s Net Margin % Range Over the Past 10 Years
Min: 8.32   Med: 13.72   Max: 14.21
Current: 8.32


FRA:4BB's Net Margin % is ranked better than
63.21% of 212 companies
in the Beverages - Alcoholic industry
Industry Median: 4.87 vs FRA:4BB: 8.32

Budweiser Brewing Co APAC  (FRA:4BB) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Budweiser Brewing Co APAC Net Margin % Related Terms


Budweiser Brewing Co APAC Net Margin % Historical Data

* Premium members only.

The historical data trend for Budweiser Brewing Co APAC's Net Margin % 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.

Budweiser Brewing Co APAC Net Margin % Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only 14.00 14.09 12.43 11.62 8.48

Budweiser Brewing Co APAC Quarterly Data
Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 16.02 10.45 11.90 -9.79 15.14

FRA:4BB vs STZ, TAP: Net Margin % Comparison

For the Beverages - Brewers subindustry, Budweiser Brewing Co APAC's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Beverages - Alcoholic Industry

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

* The bar in red indicates where Budweiser Brewing Co APAC's Net Margin % falls into.


FRA:4BB
88GF Score
Budweiser Brewing Co APAC Ltd FRA:4BB
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Budweiser Brewing Co APAC Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Budweiser Brewing Co APAC's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=417.606/4922.456
=8.48 %

Budweiser Brewing Co APAC's Net Margin for the quarter that ended in Dec. 2025 is calculated as

Net Margin=Net Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-89.67/916.342
=-9.79 %

* 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 Net Margin % →
What does a Net Margin % of -9.79% mean?
Budweiser Brewing Co APAC (FRA:4BB) has a Net Margin % of -9.79% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. Over the past decade, Budweiser Brewing Co APAC's Net Margin % has ranged from 8.32 to 14.21. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #78 out of 212 companies in the Beverages - Alcoholic industry, placing it in the top 36.8%.
Is Budweiser Brewing Co APAC's Net Margin % too high?
Budweiser Brewing Co APAC's current Net Margin % is -9.79%. Over the past 10 years, this metric has ranged from a low of 8.32 to a high of 14.21. Based on the distribution chart, Budweiser Brewing Co APAC ranks #78 out of 212 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Budweiser Brewing Co APAC has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's Net Margin % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #78 out of 212 companies for Net Margin %. This puts Budweiser Brewing Co APAC in the upper half of its industry. The industry median Net Margin % is 4.87. Historically, Budweiser Brewing Co APAC's own Net Margin % has ranged from 8.32 to 14.21 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Beverages - Alcoholic company?
The median Net Margin % among Beverages - Alcoholic companies is 4.87, based on 212 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Budweiser Brewing Co APAC and its competitors. For the Beverages - Alcoholic industry, the median Net Margin % is 4.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budweiser Brewing Co APAC's current Net Margin % is -9.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budweiser Brewing Co APAC stock overvalued right now?
Based on GuruFocus' analysis, Budweiser Brewing Co APAC (FRA:4BB) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.94, compared to a current price of €0.69 — trading 27.1% below its estimated fair value. The current Net Margin % is -9.79%. Budweiser Brewing Co APAC's overall GF Score™ is 88/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Budweiser Brewing Co APAC (FRA:4BB), the current Net Margin % is -9.79% as of Dec. 2025. 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 Budweiser Brewing Co APAC (FRA:4BB) Overvalued in 2026?

Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued. The current stock price of €0.69 is trading 27.1% below its estimated GF Value™ of €0.94. GuruFocus considers Budweiser Brewing Co APAC to be Modestly Undervalued.

Key valuation signals for FRA:4BB:

  • Net Margin %: -9.79%
  • GF Value™: €0.94 vs. price of €0.69 (27.1% below fair value)
  • GF Score™: 88/100 with 5 warning signs

No single metric tells the full story. See the FRA:4BB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Budweiser Brewing Co APAC Business Description

Address 500 Hennessy Road, 27th Floor Hysan Place, Room 2701, Causeway Bay, Hong Kong, HKG
Budweiser 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 Anheuser-Busch InBev owns close to 90% of the company's equity. Budweiser APAC's largest markets are China (roughly 75% of 2024 revenue), South Korea (20%), and India. The remaining 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.
88GF Score

Get the complete analysis for FRA:4BB

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.69
Price
€0.94
GF Value