United Breweries Intrinsic Value
United Breweries (UBL) median intrinsic value is ₹1553.25 from 10 valuation models (range ₹420–₹2801), vs current price ₹1400.30 — +10.9% upside (Trading Below Median Value), margin of safety 9.8%. Analyse United Breweries shareholding analysis to track promoter, FII and institutional holdings.
UBL Valuation Methods Summary — DCF, Graham Number & P/E
United Breweries intrinsic value across 10 models vs current price ₹1400.30 — upside/downside and value range per method. For current market price and key ratios, visit UBL stock price BSE.
| Method | Type | Intrinsic Value | Range | Upside/Downside | Details |
|---|---|---|---|---|---|
| P/E Based Valuation | earnings | ₹420.09 | ₹336.07 - ₹504.11 | -70.0% | EPS: ₹15.40, Sector P/E: 12x |
| Book Value Method | asset | ₹1741.54 | ₹1567.39 - ₹1915.69 | +24.4% | Book Value/Share: ₹1741.54, P/B: 1.0x |
| Revenue Multiple Method | revenue | ₹2800.60 | ₹2520.54 - ₹3080.66 | +100.0% | Revenue/Share: ₹3587.69, P/S: 0.8x |
| EBITDA Multiple Method | earnings | ₹2040.00 | ₹1836.00 - ₹2244.00 | +45.7% | EBITDA: ₹884.00Cr, EV/EBITDA: 6x |
| Simple DCF (5Y) | dcf | ₹1553.25 | ₹1242.60 - ₹1863.90 | +10.9% | CF Growth: 5.0%, Discount: 15% |
| PEG Ratio Method | growth | ₹420.09 | ₹378.08 - ₹462.10 | -70.0% | EPS Growth: 8.0%, Fair P/E: 6.4x |
| Growth Adjusted P/E | growth | ₹420.09 | ₹378.08 - ₹462.10 | -70.0% | Revenue Growth: 6.0%, Adj P/E: 8.2x |
| ROE Based Valuation | profitability | ₹1569.23 | ₹1412.31 - ₹1726.15 | +12.1% | ROE: 9.0%, P/E Multiple: 10x |
| Graham Defensive Method | conservative | ₹776.82 | ₹699.14 - ₹854.50 | -44.5% | EPS: ₹15.40, BVPS: ₹1741.54 |
| Dividend Yield Method | dividend | ₹420.09 | ₹378.08 - ₹462.10 | -70.0% | DPS: ₹10.00, Target Yield: 3.5% |
UBL Intrinsic Value vs Market Price — All Valuation Models
United Breweries fair value range ₹420–₹2801 vs current market price ₹1400.30 across 10 valuation models. Read United Breweries dividend policy for the complete payout history and dividend yield track record.
UBL Intrinsic Value Analysis — Undervalued or Overvalued?
United Breweries median intrinsic value ₹1553.25, current price ₹1400.30 — Trading Below Median Value by 10.9%, margin of safety 9.8%.
What is the intrinsic value of UBL?
Based on our comprehensive analysis using 10 different valuation methods, the estimated intrinsic value of United Breweries (UBL) is ₹1553.25 (median value). With the current market price of ₹1400.30, this represents a +10.9% variance from our estimated fair value.
The valuation range spans from ₹420.09 to ₹2800.60, indicating ₹420.09 - ₹2800.60.
Is UBL undervalued or overvalued?
Based on our multi-method analysis, United Breweries (UBL) appears to be trading below median value by approximately 10.9%.
UBL Financial Health — Key Ratios vs Industry Benchmarks
United Breweries financial ratios — ROE, debt-to-equity, profit margins and liquidity vs industry benchmarks and their impact on intrinsic value.
| Financial Metric | Current Value | Industry Benchmark | Assessment | Impact on Valuation |
|---|---|---|---|---|
| Current Ratio | 47.17 | Industry Standard: 2.0+ | Above 2.0 | Measures short-term liquidity capacity |
| Return on Equity | 9.0% | Industry Standard: 15%+ | Below 10% | Measures shareholder return efficiency |
| Operating Margin | 6.0% | Industry Standard: 20%+ | Below 10% | Indicates operational efficiency level |
| Asset Turnover Ratio | 0.96x | Industry Standard: 1.0x+ | Above 0.5x | Measures asset utilization efficiency |
UBL Cash Flow Quality — Operating & Free Cash Flow
United Breweries operating cash flow, free cash flow, quality rating and sustainability score by period — key inputs to DCF intrinsic value calculation.
| Period | Operating Cash Flow | Free Cash Flow | Cash Flow Quality | Sustainability Score |
|---|---|---|---|---|
| March 2026 | ₹435 Cr | ₹231 Cr | Positive Free Cash Flow | 8/10 |
| March 2025 | ₹214 Cr | ₹95 Cr | Positive Free Cash Flow | 7/10 |
| March 2024 | ₹70 Cr | ₹-4 Cr | Positive Operating Cash Flow | 6/10 |
| March 2023 | ₹-120 Cr | ₹-181 Cr | Negative Cash Flow | 3/10 |
| March 2022 | ₹900 Cr | ₹820 Cr | Positive Free Cash Flow | 8/10 |