Valuation Trading Multiples & Precedent Transactions: Global Beer Brewing Companies
Valuation benchmarks for Global Beer Brewing Companies. Access public trading comps, EV/EBITDA acquisition multiples, and private market data for pitch books and valuation analysis.
1.1 - Global Beer Brewing Companies Market Context & Valuation Drivers
Companies in this group are branded beer producers that brew, market, and distribute large-scale portfolios across mainstream, premium, and craft segments. They operate global and regional networks, monetize volume, pricing, and mix, and extend into adjacent categories like cider, seltzer, and alcohol-free beverages. They are comparable due to similar brewing economics, brand-led demand drivers, and route-to-market models that underpin valuation benchmarks in public trading comparables.
Typical capabilities include high-capacity lager and pilsner brewing, premium and craft beer development, alcohol-free SKUs, cider and hard seltzer formulation, and limited spirits or wine portfolios. Companies manage end-to-end distribution, import and export operations, and channel partnerships with wholesalers and retail chains. They invest in brand marketing, packaging innovation, quality assurance, and data-driven revenue management, including pricing optimization, promotions, and portfolio premiumization across geographies.
Primary customers include beverage distributors and wholesalers, grocery and convenience retailers, and on‑premise bars and restaurants. End markets span mass-market beer, premium and craft, and non-alcoholic offerings. Key valuation metrics include revenue growth driven by volume and pricing/mix, EBITDA margins per hectoliter, market share and brand penetration, and free cash flow conversion supported by disciplined capex, working capital efficiency, and predictable demand seasonality.
2. Valuation Analysis: Public Trading Comps & Multiples for Global Beer Brewing Companies companies
2.1 - Public Peer Groups & Median Valuation Multiples for Global Beer Brewing Companies sector
Comparable group 1: Global Beer Brewing Companies
Yanjing Brewery
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of alcoholic beverages specializing in brewing and distribution, producing various beer products with a focus on quality and refreshing taste, catering to both domestic and international markets.
- Key Products:
- Yanjing Beer: A clean, smooth, and refreshing rice beer made with natural mineral water
- Pale Lager: Medium color lager with a slightly hoppy taste, offering a 4.5% ABV
- Soft Drinks: Includes mineral water and other non-alcoholic beverages for varied consumer preferences
- High-Medium Sales: Yanjing is recognized as a top-selling beer brand in Asia, with substantial market presence
- Beer Production: High-scale brewing capabilities supporting both local and international distribution.
Carlsberg
- Enterprise value: $●●●m
- Market Cap: $●●●m
- EV/Revenue: ●.●x
- EV/EBITDA: ●●.●x
- Description: Provider of an extensive portfolio of alcoholic and non-alcoholic beverages, including beer brands such as Carlsberg, Tuborg, and Kronenbourg. The company focuses on responsible drinking and sustainability, aiming to create a healthier future. Its strategy emphasizes strong local brand presence and global growth initiatives in key markets.
- Key Products:
- Carlsberg Pilsner: Full-flavored Danish pilsner with a distinctive hoppy aroma
- Alcohol-Free Beer: Non-alcoholic options catering to the health-conscious consumer
- Abbey Beer: Traditional Belgian ales offering rich flavors and heritage
- Super Bock: Popular Portuguese beer known for its full-bodied taste
- Kronenbourg: Iconic French beer brand with a range of lagers and ales.