BUDFF (Anheuser-Busch InBev/NV) ROCE %: 9.97% (As of Mar. 2026)


BUDFF Anheuser-Busch InBev SA/NV BUDFF
81 GF Score
Price $79.94
GF Value $60.93
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Anheuser-Busch InBev/NV ROCE %?

Anheuser-Busch InBev/NV BUDFF 81 ROCE % is 9.97% as of Mar. 2026. GuruFocus rates BUDFF with a GF Score™ of 81/100 and a GF Value™ of $60.93 (Significantly Overvalued). The stock has 7 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Anheuser-Busch InBev/NV's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.97%.

Anheuser-Busch InBev/NV  (OTCPK:BUDFF) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Anheuser-Busch InBev/NV ROCE % Related Terms

Anheuser-Busch InBev/NV ROCE % Historical Data

* Premium members only.

The historical data trend for Anheuser-Busch InBev/NV's ROCE % 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 ROCE % Chart

Anheuser-Busch InBev/NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.75 7.68 7.54 8.26 8.49

Anheuser-Busch InBev/NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 9.21 8.80 7.10 8.56 9.97
BUDFF
81GF Score
Anheuser-Busch InBev SA/NV BUDFF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Anheuser-Busch InBev/NV ROCE % Calculation

Anheuser-Busch InBev/NV's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=15192/( ( (206637 - 33066) + (218808 - 34475) )/ 2 )
=15192/( (173571+184333)/ 2 )
=15192/178952
=8.49 %

Anheuser-Busch InBev/NV's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=18372/( ( (218808 - 34475) + (0 - 0) )/ 1 )
=18372/( ( 184333 + 0 )/ 1 )
=18372/184333
=9.97 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 9.97% mean?
Anheuser-Busch InBev/NV (BUDFF) has a ROCE % of 9.97% as of Mar. 2026.
Is Anheuser-Busch InBev/NV's ROCE % too high?
Anheuser-Busch InBev/NV's current ROCE % is 9.97%. The Beverages - Alcoholic industry median ROCE % is 7.68. Anheuser-Busch InBev/NV's value of 9.97% is 29.9% above this industry median. Overall, Anheuser-Busch InBev/NV has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Anheuser-Busch InBev/NV's ROCE % compare to STZ and TAP?
Anheuser-Busch InBev/NV's ROCE % of 9.97% can be compared against companies in the Beverages - Alcoholic industry. The industry median ROCE % is 7.68. Anheuser-Busch InBev/NV's value of 9.97% is 29.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Beverages - Alcoholic company?
The median ROCE % among Beverages - Alcoholic companies is 7.68, based on 208 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anheuser-Busch InBev/NV's current ROCE % of 9.97% is 29.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Beverages - Alcoholic industry, the median ROCE % is 7.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anheuser-Busch InBev/NV's current ROCE % is 9.97%. 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 (BUDFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $60.93, compared to a current price of $79.94 — trading 31.2% above its estimated fair value. The current ROCE % is 9.97% and 29.9% above the Beverages - Alcoholic industry median of 7.68. Anheuser-Busch InBev/NV's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Anheuser-Busch InBev/NV (BUDFF), the current ROCE % is 9.97% as of Mar. 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 (BUDFF) Overvalued in 2026?

Based on GuruFocus' analysis, Anheuser-Busch InBev/NV stock appears to be overvalued. The current stock price of $79.94 is trading 31.2% above its estimated GF Value™ of $60.93. GuruFocus considers Anheuser-Busch InBev/NV to be Significantly Overvalued.

Key valuation signals for BUDFF:

  • ROCE %: 9.97%
  • GF Value™: $60.93 vs. price of $79.94 (31.2% above fair value)
  • GF Score™: 81/100 with 7 warning signs
  • Industry Position: 29.9% above the Beverages - Alcoholic median

No single metric tells the full story. See the BUDFF 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.
81GF Score

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

$79.94
Price
$60.93
GF Value