BDWBF (Budweiser Brewing Co APAC) ROE %: -4.09% (As of Dec. 2025)


BDWBF Budweiser Brewing Co APAC Ltd BDWBF
77 GF Score
Price $0.81
GF Value $1.16
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Budweiser Brewing Co APAC ROE %?

Budweiser Brewing Co APAC BDWBF +3.42% 77 ROE % is -4.09% as of Dec. 2025. GuruFocus rates BDWBF with a GF Score™ of 77/100 and a GF Value™ of $1.16 (Significantly Undervalued). The stock has 5 warning signs investors should review. Among 207 Beverages - Alcoholic companies, Budweiser Brewing Co APAC ranks worse than 52.66% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Budweiser Brewing Co APAC's annualized net income for the quarter that ended in Dec. 2025 was $-420 Mil. Budweiser Brewing Co APAC's average Total Stockholders Equity over the quarter that ended in Dec. 2025 was $10,262 Mil. Therefore, Budweiser Brewing Co APAC's annualized ROE % for the quarter that ended in Dec. 2025 was -4.09%.

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

BDWBF' s ROE % Range Over the Past 10 Years
Min: 4.71   Med: 6.91   Max: 8.98
Current: 4.71

During the past 9 years, Budweiser Brewing Co APAC's highest ROE % was 8.98%. The lowest was 4.71%. And the median was 6.91%.

BDWBF's ROE % is ranked worse than
52.66% of 207 companies
in the Beverages - Alcoholic industry
Industry Median: 5.74 vs BDWBF: 4.71

Budweiser Brewing Co APAC  (OTCPK:BDWBF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-420/10262
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-420 / 4292)*(4292 / 14773)*(14773 / 10262)
=Net Margin %*Asset Turnover*Equity Multiplier
=-9.79 %*0.2905*1.4396
=ROA %*Equity Multiplier
=-2.84 %*1.4396
=-4.09 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2025 )
=Net Income/Total Stockholders Equity
=-420/10262
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-420 / -64) * (-64 / -12) * (-12 / 4292) * (4292 / 14773) * (14773 / 10262)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 6.5625 * 5.3333 * -0.28 % * 0.2905 * 1.4396
=-4.09 %

Note: The net income data used here is four times the quarterly (Dec. 2025) net income data. The Revenue data used here is four times the quarterly (Dec. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Budweiser Brewing Co APAC ROE % Related Terms


Budweiser Brewing Co APAC ROE % Historical Data

* Premium members only.

The historical data trend for Budweiser Brewing Co APAC's ROE % 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 ROE % Chart

Budweiser Brewing Co APAC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only 8.76 8.38 7.91 6.92 4.78

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
ROE % 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 9.19 6.80 7.18 -4.09 8.81

BDWBF vs STZ, TAP: ROE % Comparison

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

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

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


BDWBF
77GF Score
Budweiser Brewing Co APAC Ltd BDWBF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Budweiser Brewing Co APAC ROE % Calculation

Budweiser Brewing Co APAC's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=489/( (10184+10262)/ 2 )
=489/10223
=4.78 %

Budweiser Brewing Co APAC's annualized ROE % for the quarter that ended in Dec. 2025 is calculated as

ROE %=Net Income (Q: Dec. 2025 )/( (Total Stockholders Equity (Q: Sep. 2025 )+Total Stockholders Equity (Q: Dec. 2025 ))/ count )
=-420/( (0+10262)/ 1 )
=-420/10262
=-4.09 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -4.09% mean?
Budweiser Brewing Co APAC (BDWBF) has a ROE % of -4.09% as of Dec. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Budweiser Brewing Co APAC and its competitors. Over the past decade, Budweiser Brewing Co APAC's ROE % has ranged from 4.71 to 8.98. According to the industry distribution chart, Budweiser Brewing Co APAC ranks #109 out of 207 companies in the Beverages - Alcoholic industry, placing it in the top 52.7%.
Is Budweiser Brewing Co APAC's ROE % too high?
Budweiser Brewing Co APAC's current ROE % is -4.09%. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 8.98. Based on the distribution chart, Budweiser Brewing Co APAC ranks #109 out of 207 companies in the Beverages - Alcoholic industry, which is below the industry midpoint. Overall, Budweiser Brewing Co APAC has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Budweiser Brewing Co APAC's ROE % compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Budweiser Brewing Co APAC ranks #109 out of 207 companies for ROE %. This places Budweiser Brewing Co APAC in the lower half of its industry. The industry median ROE % is 5.74. Historically, Budweiser Brewing Co APAC's own ROE % has ranged from 4.71 to 8.98 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 ROE % for a Beverages - Alcoholic company?
The median ROE % among Beverages - Alcoholic companies is 5.74, based on 207 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Budweiser Brewing Co APAC and its competitors. For the Beverages - Alcoholic industry, the median ROE % is 5.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budweiser Brewing Co APAC's current ROE % is -4.09%. 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 (BDWBF) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.16, compared to a current price of $0.81 — trading 30.3% below its estimated fair value. The current ROE % is -4.09%. Budweiser Brewing Co APAC's overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Budweiser Brewing Co APAC (BDWBF), the current ROE % is -4.09% 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 (BDWBF) Overvalued in 2026?

Based on GuruFocus' analysis, Budweiser Brewing Co APAC stock appears to be undervalued. The current stock price of $0.81 is trading 30.3% below its estimated GF Value™ of $1.16. GuruFocus considers Budweiser Brewing Co APAC to be Significantly Undervalued.

Key valuation signals for BDWBF:

  • ROE %: -4.09%
  • GF Value™: $1.16 vs. price of $0.81 (30.3% below fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the BDWBF 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.
77GF Score

Get the complete analysis for BDWBF

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

$0.81
Price
$1.16
GF Value