Earnings Alerts

Budweiser Brewing APAC (1876) Earnings Analysis: 1Q Net Income Hits the Estimate Mark

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  • Budweiser APAC’s first quarter net income was $287 million, which met projected estimates.
  • The company’s normalized net income stood at $297 million.
  • Budweiser APAC’s revenue for the first quarter was $1.64 billion, slightly below the estimated $1.65 billion.
  • The gross margin was 51.5%, which is slightly lower than the estimated 51.6%.
  • The company’s adjusted Ebitda for the first quarter was $572 million, again slightly below the estimated $575.5 million.
  • The adjusted Ebitda margin came out at 34.8%.
  • Budweiser APAC’s adjusted Ebit accounted for $408 million, slightly below the estimated $413 million.
  • The total volumes for the first quarter were 21.12 million hectoliters, a bit lower than the estimated 21.30 million hectoliters.
  • The company’s stocks have been listed as 30 buys and 5 holds, with no sells.

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Budweiser Brewing APAC on Smartkarma

Independent analyst Brian Freitas on Smartkarma recently covered Budweiser Brewing APAC (1876 HK) in a research report titled “Bud APAC (1876 HK): Nursing a Hangover; Now Comes a Passive Overhang.” The report highlights the significant drop of over 50% in Bud APAC’s stock price over the past year, despite trading at a higher forward PE compared to its peers. Freitas mentions the potential risk of deletion from passive portfolios, which could lead to a substantial amount of stock being sold off. This situation may present a buying opportunity for investors towards the end of February, especially if the stock price continues to decline due to positioning.

Another report by the same analyst, “Index Rebalance & ETF Flow Recap: ASX, KS200, KQ150, HSIII, STTF, L&F, Costa Group, Japan, Bud APAC,” discusses the flow of funds into and out of Asia-focused ETFs, including the significant influx into CSI 300 Index trackers. Freitas provides insights on Asian index rebalances and changes driven by M&A activity, which could impact various stocks including Budweiser Brewing APAC. The analysis sheds light on the market dynamics surrounding the company as well as broader trends in the Asian ETF landscape.


A look at Budweiser Brewing APAC Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.0

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

Budweiser Brewing Company APAC Limited, a key player in the beer industry, is expected to have a positive long-term outlook according to Smartkarma Smart Scores. With strong ratings in Growth and Resilience factors, the company is poised for potential expansion and able to withstand market challenges. While its Value and Dividend scores are average, the high scores in Growth and Resilience indicate promising prospects for Budweiser Brewing APAC in the coming years. Additionally, the company’s Momentum score suggests a steady performance trajectory.

Budweiser Brewing Company APAC Limited stands out for its diverse portfolio of over 50 beer brands, including popular names like Budweiser, Stella Artois, and Corona. Operating primarily in markets such as China, South Korea, India, and Vietnam, the company has a strategic presence in some of the fastest-growing beer markets in the Asia-Pacific region. With a focus on production, import, marketing, and distribution, Budweiser Brewing APAC is well-positioned to capitalize on evolving consumer preferences and drive sustained growth in the competitive beer industry.

### Summary: Budweiser Brewing Company APAC Limited is a leading beer producer and distributor with a wide range of brands, catering to various markets in the Asia-Pacific region. ###


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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