(CCU) Compania Cervecerias Unidas - Overview
Stock: Beer, Wine, Spirits, Soft Drinks, Water
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 2.79% |
| Yield on Cost 5y | 2.86% |
| Yield CAGR 5y | -33.14% |
| Payout Consistency | 78.3% |
| Payout Ratio | 0.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 28.7% |
| Relative Tail Risk | 2.28% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.58 |
| Alpha | 9.69 |
| Character TTM | |
|---|---|
| Beta | 0.538 |
| Beta Downside | 0.214 |
| Drawdowns 3y | |
|---|---|
| Max DD | 40.96% |
| CAGR/Max DD | 0.04 |
Description: CCU Compania Cervecerias Unidas January 13, 2026
Compañía Cervecerías Unidas S.A. (NYSE: CCU) is a Chile-based, diversified beverage group operating in six South-American markets (Chile, Argentina, Bolivia, Colombia, Paraguay, Uruguay). The business is split into three reporting segments – Chile, International Business, and Wine – and distributes a broad portfolio that includes beers (Heineken, Bavaria, Coors, etc.), soft drinks, bottled water, spirits, pisco, and a wide range of wines.
Key financial indicators (2023) show revenue of roughly US$2.3 billion and an EBITDA margin near 14 %, reflecting solid profitability for a regional brewer. CCU commands about 30 % of the Chilean beer market, the largest share among local competitors, and its wine segment contributes roughly 15 % of total sales, benefitting from premium-wine export growth in the United States and Europe.
Primary economic drivers include: (1) commodity input costs – especially barley and aluminum cans – which are sensitive to global price swings; (2) currency volatility in Argentina and Brazil, which can erode margins on imported inputs and affect repatriated earnings; and (3) shifting consumer preferences toward premium and low-alcohol beverages, a trend that is fueling higher-margin product launches across the company’s portfolio.
For a deeper dive into CCU’s valuation metrics, scenario analysis, and peer comparison, explore the detailed research available on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 7.5
| Net Income: 136.21b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 2.56 > 1.0 |
| NWC/Revenue: 24.75% < 20% (prev 32.17%; Δ -7.42% < -1%) |
| CFO/TA 0.07 > 3% & CFO 252.35b > Net Income 136.21b |
| Net Debt (797.80b) to EBITDA (317.40b): 2.51 < 3 |
| Current Ratio: 2.06 > 1.5 & < 3 |
| Outstanding Shares: last quarter (184.8m) vs 12m ago 0.0% < -2% |
| Gross Margin: 45.04% > 18% (prev 0.44%; Δ 4459 % > 0.5%) |
| Asset Turnover: 83.35% > 50% (prev 68.56%; Δ 14.78% > 0%) |
| Interest Coverage Ratio: 3.88 > 6 (EBITDA TTM 317.40b / Interest Expense TTM 79.97b) |
Altman Z'' 3.63
| A: 0.21 (Total Current Assets 1452.73b - Total Current Liabilities 704.17b) / Total Assets 3597.68b |
| B: 0.28 (Retained Earnings 994.67b / Total Assets 3597.68b) |
| C: 0.09 (EBIT TTM 310.49b / Avg Total Assets 3628.59b) |
| D: 0.75 (Book Value of Equity 1480.64b / Total Liabilities 1977.04b) |
| Altman-Z'' Score: 3.63 = AA |
Beneish M -3.13
| DSRI: 0.61 (Receivables 331.33b/447.51b, Revenue 3024.29b/2509.10b) |
| GMI: 0.99 (GM 45.04% / 44.43%) |
| AQI: 1.18 (AQ_t 0.19 / AQ_t-1 0.16) |
| SGI: 1.21 (Revenue 3024.29b / 2509.10b) |
| TATA: -0.03 (NI 136.21b - CFO 252.35b) / TA 3597.68b) |
| Beneish M-Score: -3.13 (Cap -4..+1) = AA |
What is the price of CCU shares?
Over the past week, the price has changed by -1.30%, over one month by +8.79%, over three months by +20.17% and over the past year by +17.82%.
Is CCU a buy, sell or hold?
- StrongBuy: 1
- Buy: 0
- Hold: 1
- Sell: 3
- StrongSell: 0
What are the forecasts/targets for the CCU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 10.8 | -25.1% |
| Analysts Target Price | 10.8 | -25.1% |
| ValueRay Target Price | 15.8 | 9.3% |
CCU Fundamental Data Overview February 03, 2026
P/E Trailing = 17.4643
P/E Forward = 10.3734
P/S = 0.79
P/B = 1.6136
P/EG = 1.86
Revenue TTM = 3024.29b CLP
EBIT TTM = 310.49b CLP
EBITDA TTM = 317.40b CLP
Long Term Debt = 1074.96b CLP (from longTermDebt, last quarter)
Short Term Debt = 170.56b CLP (from shortTermDebt, last quarter)
Debt = 1296.58b CLP (from shortLongTermDebtTotal, last quarter)
Net Debt = 797.80b CLP (from netDebt column, last quarter)
Enterprise Value = 3362.61b CLP (2340.57b + Debt 1296.58b - CCE 274.55b)
Interest Coverage Ratio = 3.88 (Ebit TTM 310.49b / Interest Expense TTM 79.97b)
EV/FCF = 20.07x (Enterprise Value 3362.61b / FCF TTM 167.50b)
FCF Yield = 4.98% (FCF TTM 167.50b / Enterprise Value 3362.61b)
FCF Margin = 5.54% (FCF TTM 167.50b / Revenue TTM 3024.29b)
Net Margin = 4.50% (Net Income TTM 136.21b / Revenue TTM 3024.29b)
Gross Margin = 45.04% ((Revenue TTM 3024.29b - Cost of Revenue TTM 1662.26b) / Revenue TTM)
Gross Margin QoQ = 42.50% (prev 40.84%)
Tobins Q-Ratio = 0.93 (Enterprise Value 3362.61b / Total Assets 3597.68b)
Interest Expense / Debt = 1.57% (Interest Expense 20.33b / Debt 1296.58b)
Taxrate = 21.0% (US default 21%)
NOPAT = 245.28b (EBIT 310.49b * (1 - 21.00%))
Current Ratio = 2.06 (Total Current Assets 1452.73b / Total Current Liabilities 704.17b)
Debt / Equity = 0.88 (Debt 1296.58b / totalStockholderEquity, last quarter 1480.64b)
Debt / EBITDA = 2.51 (Net Debt 797.80b / EBITDA 317.40b)
Debt / FCF = 4.76 (Net Debt 797.80b / FCF TTM 167.50b)
Total Stockholder Equity = 1504.43b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.75% (Net Income 136.21b / Total Assets 3597.68b)
RoE = 9.05% (Net Income TTM 136.21b / Total Stockholder Equity 1504.43b)
RoCE = 12.04% (EBIT 310.49b / Capital Employed (Equity 1504.43b + L.T.Debt 1074.96b))
RoIC = 8.70% (NOPAT 245.28b / Invested Capital 2819.49b)
WACC = 5.53% (E(2340.57b)/V(3637.15b) * Re(7.90%) + D(1296.58b)/V(3637.15b) * Rd(1.57%) * (1-Tc(0.21)))
Discount Rate = 7.90% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: 0.0 | Cagr: 0.0%
[DCF Debug] Terminal Value 80.82% ; FCFF base≈131.22b ; Y1≈86.14b ; Y5≈39.30b
Fair Price DCF = 2460 (EV 1252.24b - Net Debt 797.80b = Equity 454.44b / Shares 184.8m; r=5.90% [WACC]; 5y FCF grow -40.0% → 2.90% )
EPS Correlation: 34.64 | EPS CAGR: -0.20% | SUE: -4.0 | # QB: 0
Revenue Correlation: -2.40 | Revenue CAGR: -5.75% | SUE: -0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.24 | Chg30d=+0.010 | Revisions Net=+1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.85 | Chg30d=-0.085 | Revisions Net=-2 | Growth EPS=+9.4% | Growth Revenue=+5.1%