CCU (United Breweries Co) Scaled Net Operating Assets: 0.65 (As of Mar. 2026)


CCU United Breweries Co Inc CCU
78 GF Score
Price $11.39
GF Value $13.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is United Breweries Co Scaled Net Operating Assets?

United Breweries Co CCU +1.42% 78 Scaled Net Operating Assets is 0.65 as of Mar. 2026. GuruFocus rates CCU with a GF Score™ of 78/100 and a GF Value™ of $13.57 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Breweries Co's operating assets for the quarter that ended in Mar. 2026 was $3,432 Mil. United Breweries Co's operating liabilities for the quarter that ended in Mar. 2026 was $857 Mil. United Breweries Co's Total Assets for the quarter that ended in Dec. 2025 was $3,989 Mil. Therefore, United Breweries Co's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.65.


United Breweries Co Scaled Net Operating Assets Historical Data

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The historical data trend for United Breweries Co's Scaled Net Operating Assets 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.

United Breweries Co Scaled Net Operating Assets Chart

United Breweries Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.75 0.57 0.62 0.63

United Breweries Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.61 0.60 0.67 0.69 0.65

CCU vs STZ, TAP: Scaled Net Operating Assets Comparison

For the Beverages - Brewers subindustry, United Breweries Co's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Co Scaled Net Operating Assets vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, United Breweries Co's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where United Breweries Co's Scaled Net Operating Assets falls into.


CCU
78GF Score
United Breweries Co Inc CCU
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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United Breweries Co Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United Breweries Co's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(3419.236-852.275)/4052.167
=0.63

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=3988.628 - 569.392
=3419.236

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2219.966 - 1175.595 - 192.096
=852.275

United Breweries Co's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(3432.096-856.825)/3988.628
=0.65

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=4103.394 - 671.298
=3432.096

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2197.31 - 1195.808 - 144.677
=856.825

* 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.

What does a Scaled Net Operating Assets of 0.65 mean?
United Breweries Co (CCU) has a Scaled Net Operating Assets of 0.65 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Breweries Co and its competitors.
Is United Breweries Co's Scaled Net Operating Assets too high?
United Breweries Co's current Scaled Net Operating Assets is 0.65. Overall, United Breweries Co has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United Breweries Co's Scaled Net Operating Assets compare to STZ and TAP?
United Breweries Co's Scaled Net Operating Assets of 0.65 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Beverages - Alcoholic company?
A good Scaled Net Operating Assets depends on the Beverages - Alcoholic industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United Breweries Co and its competitors. United Breweries Co's current Scaled Net Operating Assets is 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Breweries Co stock overvalued right now?
Based on GuruFocus' analysis, United Breweries Co (CCU) is currently considered Modestly Undervalued. The stock's GF Value™ is $13.57, compared to a current price of $11.39 — trading 16.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.65. United Breweries Co's overall GF Score™ is 78/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For United Breweries Co (CCU), the current Scaled Net Operating Assets is 0.65 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 United Breweries Co (CCU) Overvalued in 2026?

Based on GuruFocus' analysis, United Breweries Co stock appears to be undervalued. The current stock price of $11.39 is trading 16.1% below its estimated GF Value™ of $13.57. GuruFocus considers United Breweries Co to be Modestly Undervalued.

Key valuation signals for CCU:

  • Scaled Net Operating Assets: 0.65
  • GF Value™: $13.57 vs. price of $11.39 (16.1% below fair value)
  • GF Score™: 78/100 with 5 warning signs

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


United Breweries Co Business Description

Other Exchanges CVU:GermanyCCU:Chile
Address Avenida Vitacura N 2670, Twenty-Third Floor, Santiago, CHL
United Breweries Co Inc is a multi-category beverage company with operations in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The company is a player in each one of the beverage categories in which it participates in Chile, including beer, soft drinks, mineral and bottled water, juice, wine, cider and pisco, among others. The Company has three operating segment with respect to its revenues in the geographic areas of commercial activity: Chile; International business and Wine. It generates maximum revenue from Chile.
78GF Score

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

$11.39
Price
$13.57
GF Value