Valuation Asahi Group Holdings, Ltd.

Equities

2502

JP3116000005

Brewers

Market Closed - Japan Exchange Other stock markets 06:30:00 06/02/2026 GMT			5-day change	1st Jan Change
1,727.00 ^JPY	+1.41%		+7.10%	+5.34%

02-02	Japanese bonds fall on bets election win for PM Takaichi to usher in more stimulus	RE
02-01	Dollar firm as investors mull a Fed under Warsh; yen back under the spotlight	RE

Company Valuation: Asahi Group Holdings, Ltd.

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	2,150,506	2,267,161	2,087,025	2,664,130	2,490,230	2,526,012	2,526,012	-
Change	-	5.42%	-7.95%	27.65%	-6.53%	1.44%	0%	-
Enterprise Value (EV) ¹	3,925,670	3,810,621	3,546,896	4,014,983	3,685,445	3,749,424	3,852,143	3,800,316
Change	-	-2.93%	-6.92%	13.2%	-8.21%	1.74%	2.74%	-1.35%
P/E ratio	21.6x	14.8x	13.8x	16.2x	13.1x	15.1x	12.8x	11.4x
PBR	1.42x	1.29x	1.01x	1.08x	0.93x	0.95x	0.91x	0.87x
PEG	-	0.3x	-10.94x	1.96x	0.8x	-1.52x	0.7x	0.9x
Capitalization / Revenue	1.06x	1.01x	0.83x	0.96x	0.85x	0.87x	0.82x	0.79x
EV / Revenue	1.94x	1.7x	1.41x	1.45x	1.25x	1.29x	1.25x	1.19x
EV / EBITDA	15.2x	11x	9.92x	10.2x	8.63x	9.08x	8.52x	7.86x
EV / EBIT	29x	18x	16.3x	16.4x	13.7x	14.5x	13x	11.8x
EV / FCF	-4.06x	14.8x	18x	20.3x	12.9x	36.3x	-55x	19x
FCF Yield	-24.6%	6.74%	5.55%	4.94%	7.73%	2.75%	-1.82%	5.25%
Dividend per Share ²	35.33	36.33	37.67	40.33	49	50.93	57.7	64.67
Rate of return	2.5%	2.44%	2.74%	2.3%	2.96%	2.95%	3.34%	3.74%
EPS ²	65.51	101	99.7	107.9	126.7	114.1	134.8	151.2
Distribution rate	53.9%	36%	37.8%	37.4%	38.7%	44.6%	42.8%	42.8%
Net sales ¹	2,027,762	2,236,076	2,511,108	2,769,091	2,939,422	2,904,177	3,079,580	3,188,776
EBITDA ¹	258,444	346,715	357,467	392,991	426,987	413,017	452,077	483,359
EBIT ¹	135,167	211,900	217,048	244,999	269,052	259,252	295,978	323,367
Net income ¹	92,826	153,500	151,555	164,073	192,080	169,665	197,112	217,014
Net Debt ¹	1,775,164	1,543,460	1,459,871	1,350,853	1,195,215	1,223,413	1,326,131	1,274,304
Reference price ²	1,414.67	1,491.33	1,373.00	1,752.67	1,657.00	1,727.00	1,727.00	1,727.00
Nbr of stocks (in thousands)	1,520,150	1,520,224	1,520,048	1,520,044	1,502,855	1,462,659	1,462,659	-
Announcement Date	12/02/21	15/02/22	14/02/23	13/02/24	13/02/25	-	-	-

¹JPY in Million²JPY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
ASAHI GROUP HOLDINGS, LTD.	15.14x	1.29x	9.08x	2.95%	16.09B
ANHEUSER-BUSCH INBEV SA/NV	22.45x	3.47x	9.71x	1.66%	148B
HEINEKEN N.V.	19.62x	1.92x	8.69x	2.55%	48.14B
AMBEV S.A.	15.69x	2.49x	7.59x	5.71%	46.07B
CONSTELLATION BRANDS, INC.	15.96x	4.34x	11.76x	2.49%	28.49B
HEINEKEN HOLDING N.V.	19.47x	-	-	-	21.86B
CARLSBERG A/S	15.8x	2.03x	9.54x	3.23%	20.77B
BUDWEISER BREWING COMPANY APAC LIMITED	22.75x	1.95x	7.06x	5.03%	13.87B
KIRIN HOLDINGS COMPANY, LIMITED	13.48x	1.14x	8.85x	3.03%	12.75B
Average	17.82x	2.33x	9.03x	3.33%	39.59B
Weighted average by Cap.	19.47x	2.84x	9.26x	2.77%