Obermatt

United Breweries

NSI:UBL · INE686F01025
BeveragesMedium

360

25
EV / EBIT1
Price / Owner Earnings3
Owner Earnings Yield16
Dividend Yield23
Price/Sales7
EV / Gross Profit8
Price/Book12
Return on Capital45
Cash Return on Capital34
Return on Equity47
EBIT Margin16
Gross Profitability82
Cash Conversion13
Owner Earnings Margin20
Sales growth93
Profit Growth23
Long-Term EPS Growth100
Reinvestment18
Price momentum8
Debt load71
Refinancing55
Debt Payback57
Liquidity56
Analyst ratings9
Opinion Changes20
Price Target Upside44
Market mood21
Value Creation3/20not creating value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

United Breweries doesn't consistently earn more than its cost of capital, so it isn't yet creating shareholder value.

Based on 3/5 components.

Profile

CountryNetherlands
IndustryBeverages
SizeMedium
TypePublic Company
ExchangeBSE
Founded1999
Employees1,723
ISININE686F01025
Last UpdateApr 2, 2026
Index & Theme
DistilleryFinanceFood and BeverageManufacturing

Description

United Breweries Limited and its subsidiaries engage in the manufacture, purchase, and sale of beer, as well as in the licensing of brands primarily in India. The company’s products include beverages, which it sells under Kingfisher brand name. Its K…

Analysis

Hope premium

United Breweries Limited carries what we call a hope premium: an average business trading at an ambitious price.

The price is expensive. You pay 185.0× its owner earnings: the cash an owner could take out each year, which is in the historically expensive zone. At today's price, the market is assuming roughly 37% yearly growth; analysts expect 31%. The gap between price and consensus is worth watching: demanding expectations.

The trajectory is solid and the balance sheet is sturdy. The company scores 3/20 on our value-creation score: not creating value.

Nothing is flagged here: no red or amber gates, no divergence between profits and cash. That is itself information: the numbers are straightforward. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
1
2023202420252026

All-time high

50

Jan 2024

All-time low

1

Jun 2026

Average rank

30

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
7
11
13
7
Price/Earnings
3
1
5
3
Price/Book
12
13
11
14
Dividend Yield
23
13
8
5
Value (overall)
4
3
6
3

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →