- Budweiser APAC reported a net loss of $23 million in the fourth quarter, which missed estimates.
- The normalized net income was $38 million, lower than the estimated $49.5 million.
- The company’s revenue was $1.29 billion, slightly higher than the estimated $1.25 billion.
- Adjusted Ebitda was $266 million, lower than the estimated $280.5 million.
- Adjusted Ebitda margin stood at 20.6%.
- Adjusted Ebit was $102 million, less than the estimated $114.5 million.
- For the year 2023, the net income was $852 million, lower than the estimated $958.9 million.
- Normalized net income for the year was $917 million, slightly lower than the estimated $947.8 million.
- Annual revenue was $6.86 billion, almost in line with the estimated $6.88 billion.
- Gross margin for the year was 50.4%, lower than the estimated 50.8%.
- Adjusted Ebitda for the year was $2.02 billion, lower than the estimated $2.06 billion.
- Total volumes for the year were 92.77 million hectoliters, lower than the estimated 93.11 million.
- The final dividend per share was 5.29 cents.
- The company’s stock has 31 buys, 4 holds, and no sells.
Budweiser Brewing APAC on Smartkarma
Analysts on Smartkarma are providing valuable insights into Budweiser Brewing APAC (1876 HK), a company that has seen a significant drop in its stock price over the last year. According to Brian Freitas, a bearish analyst, Budweiser APAC has been nursing a hangover and could face further challenges due to deletion from passive portfolios next month. This could result in a large sell-off of the stock by trackers. However, Oshadhi Kumarasiri, a bullish analyst, believes that the Asia Pacific beer industry, driven by tourism, could provide a breakout opportunity for Budweiser APAC. With shares trading near all-time lows, it may be worth keeping an eye on this company’s valuation as it could start to break out from its current downtrend.
A look at Budweiser Brewing APAC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
According to the Smartkarma Smart Scores, the long-term outlook for Budweiser Brewing APAC is looking positive. The company has received a score of 4 for both Growth and Resilience, indicating its potential for future expansion and ability to withstand market challenges. This is supported by the company’s wide range of over 50 popular beer brands, including Budweiser, Stella Artois, and Corona, which are distributed in key markets such as China, South Korea, India, and Vietnam.
While the company’s scores for Value and Dividend are lower at 2, this does not necessarily indicate a negative outlook. These scores simply suggest that Budweiser Brewing APAC may not be as financially undervalued or as high-paying in dividends compared to other companies. However, with a score of 2 for Momentum, the company is still showing steady progress and potential for growth in the future.
Overall, based on the Smartkarma Smart Scores, Budweiser Brewing APAC appears to have a promising long-term outlook. With a focus on brewing and distributing popular beer brands in key markets, the company has the potential for sustainable growth and resilience in the face of market challenges.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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