International Breweries (INTBREW.NL) Stock Price

International Breweries Price

CLOSED
13.70NGN+2.90 (+23.67 %)
Market closed

Over the last 10 years International Breweries grew revenue by 38.9% annually, reaching 620.15 B NGN. Earnings per share have declined at 7.4% per year over the last 10 years. For International Breweries, the net margin of 10.2% is up versus -9.7% a few years ago. At today's price the dividend yield works out to roughly 2.08%. The payout ratio is around 59% of earnings. The dividend has grown at 6.9% per year over the past 2 years. The consensus 12-month price target for International Breweries is 10.62 NGN, about 22.5% below where the stock trades today. Of 13 analysts, 1 rate the stock a buy — an overall Sell consensus. The stock trades about 38% above its 52-week low.

International Breweries stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of International Breweries over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how International Breweries stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing International Breweries's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

International Breweries Stock Price History
DateInternational Breweries Price
7/24/202613.70 NGN
6/22/202610.80 NGN
6/9/202612.10 NGN
6/5/202612.35 NGN
6/4/202612.55 NGN
6/3/202612.55 NGN
6/2/202612.20 NGN
6/1/202612.65 NGN
5/29/202612.65 NGN
5/26/202612.55 NGN
5/25/202612.55 NGN
5/22/202612.75 NGN
5/21/202612.75 NGN
5/20/202612.30 NGN
5/19/202613.00 NGN
5/18/202613.00 NGN
5/13/202613.00 NGN
3/27/202613.90 NGN
3/26/202614.40 NGN
3/25/202614.40 NGN
3/24/202614.35 NGN
3/23/202613.60 NGN
3/18/202614.05 NGN
3/17/202614.00 NGN
3/16/202614.95 NGN
3/13/202614.95 NGN
3/12/202614.95 NGN
3/11/202614.70 NGN
3/10/202615.00 NGN
3/9/202614.70 NGN
3/6/202613.60 NGN
3/5/202614.90 NGN
3/4/202615.00 NGN
3/3/202615.25 NGN
3/2/202614.95 NGN
2/27/202614.50 NGN
2/26/202614.50 NGN
2/25/202614.50 NGN
2/24/202614.65 NGN
2/23/202614.65 NGN
2/20/202614.80 NGN
2/19/202614.95 NGN
2/18/202614.80 NGN
2/17/202614.40 NGN
2/16/202615.00 NGN
2/13/202615.00 NGN
2/12/202615.00 NGN
2/11/202615.00 NGN
2/10/202615.00 NGN
2/9/202615.30 NGN
2/6/202615.00 NGN
2/5/202615.00 NGN
2/4/202615.10 NGN
2/3/202613.95 NGN
2/2/202614.30 NGN
1/30/202614.50 NGN
1/29/202614.50 NGN
1/28/202614.00 NGN
1/27/202614.50 NGN
1/26/202614.00 NGN
1/23/202613.90 NGN
1/22/202614.10 NGN
1/21/202615.00 NGN
1/20/202614.90 NGN
1/19/202614.90 NGN
1/16/202614.95 NGN
1/15/202614.80 NGN
1/14/202614.90 NGN
1/13/202615.00 NGN
1/12/202614.90 NGN
1/9/202614.80 NGN
1/8/202615.10 NGN
1/7/202614.75 NGN
1/6/202614.55 NGN
1/5/202615.20 NGN
1/2/202614.25 NGN
12/31/202514.00 NGN
12/30/202514.65 NGN
12/29/202515.70 NGN
12/24/202514.50 NGN
12/23/202513.20 NGN
12/22/202512.50 NGN
12/19/202512.00 NGN
12/18/202512.00 NGN
12/17/202511.80 NGN
12/16/202511.80 NGN
12/15/202511.80 NGN
12/12/202511.95 NGN
12/11/202511.40 NGN
12/10/202511.40 NGN
12/9/202511.40 NGN
12/8/202511.40 NGN
12/5/202511.35 NGN
12/4/202511.35 NGN
12/3/202511.35 NGN
12/2/202511.35 NGN
12/1/202510.35 NGN
11/28/202511.50 NGN
11/27/202511.00 NGN
11/26/202511.00 NGN
11/25/202512.00 NGN
11/24/202512.00 NGN
11/21/202512.00 NGN
11/20/202512.00 NGN
11/19/202512.10 NGN
11/18/202511.95 NGN
11/17/202511.95 NGN
11/14/202511.95 NGN
11/13/202511.95 NGN
11/12/202510.90 NGN
11/11/20259.95 NGN
11/10/202511.00 NGN
11/7/202512.00 NGN
11/6/202512.00 NGN
11/5/202512.00 NGN
11/4/202513.05 NGN
11/3/202513.40 NGN
10/31/202512.60 NGN
10/30/202512.60 NGN
10/29/202514.00 NGN
10/28/202514.00 NGN
10/27/202514.50 NGN
10/24/202514.45 NGN
10/23/202514.45 NGN
10/22/202514.50 NGN
10/21/202514.50 NGN
10/20/202514.50 NGN
10/17/202514.50 NGN
10/16/202515.00 NGN
10/15/202514.75 NGN
10/14/202514.50 NGN
10/13/202514.00 NGN
10/10/202514.00 NGN
10/9/202514.00 NGN
10/8/202513.70 NGN
10/7/202513.50 NGN
10/6/202513.50 NGN
10/3/202513.50 NGN
10/2/202513.50 NGN
9/30/202513.50 NGN
9/29/202513.95 NGN
9/26/202513.65 NGN
9/25/202513.50 NGN
9/24/202513.35 NGN
9/23/202513.10 NGN
9/22/202512.80 NGN
9/19/202512.40 NGN
9/18/202512.50 NGN
9/17/202512.30 NGN
9/16/202511.50 NGN
9/15/202512.00 NGN
9/12/202512.20 NGN
9/11/202512.35 NGN
9/10/202512.35 NGN
9/9/202512.80 NGN
9/8/202512.30 NGN
9/4/202512.30 NGN
9/3/202511.20 NGN
9/2/202511.80 NGN
9/1/202512.65 NGN
8/29/202512.65 NGN
8/28/202512.50 NGN
8/27/202513.00 NGN
8/26/202513.75 NGN
8/25/202513.35 NGN
8/22/202513.00 NGN
8/21/202512.50 NGN
8/20/202512.50 NGN
8/19/202513.85 NGN
8/18/202512.95 NGN
8/15/202512.40 NGN
8/14/202513.00 NGN
8/13/202512.80 NGN
8/12/202513.20 NGN
8/11/202513.40 NGN
Access this data via the Eulerpool API

International Breweries Revenue, EBIT, Net Income

  • 3 Years

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  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2021
182.30 B NGN
-8.08 B NGN
-17.66 B NGN
Jan 1, 2022
218.65 B NGN
4.19 B NGN
-21.63 B NGN
Jan 1, 2023
260.60 B NGN
427.59 M NGN
-70.03 B NGN
Jan 1, 2024
488.96 B NGN
63.64 B NGN
-113.61 B NGN
Jan 1, 2025
620.15 B NGN
77.33 B NGN
63.34 B NGN
Jan 1, 2026 (e)
832.63 B NGN
167.82 B NGN
143.51 B NGN
Jan 1, 2027 (e)
1.00 T NGN
220.17 B NGN
174.66 B NGN
Jan 1, 2028 (e)
1.58 T NGN
204.89 B NGN
218.00 B NGN

International Breweries Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 8, 2026, 10:14 AM
 
REVENUET NGN
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB NGN
EBITB NGN
EBIT MARGIN%
NET INCOMEB NGN
NET INCOME GROWTH%
DIV.NGN
DIV. GROWTH%
SHARESB
201520162017201820192020202120222023202420252026e2027e2028e
0.020.030.040.120.130.140.180.220.260.490.620.831.001.58
40.5811.67230.209.733.3533.2719.9419.1887.6326.8334.2620.3558.10
46.0246.3637.5329.9519.0522.2825.4019.9633.1026.8632.9732.9732.9732.97
10.7115.1613.7136.1225.2130.4746.3043.6486.27131.35204.44274.49330.34522.26
5.268.083.1710.24-18.30-8.84-8.084.190.4363.6477.33167.82220.17204.89
22.6024.718.678.49-13.82-6.46-4.431.920.1613.0112.4720.1621.9712.93
2.651.031.40-3.93-27.79-16.08-17.66-21.63-70.03-113.6263.34143.51174.66218.00
-61.0134.91-381.94606.59-42.139.7922.49223.8062.25-155.75126.5821.7124.82
0.250.350.290.300.310.33
40.00-17.143.336.45
3.273.348.608.608.6026.3926.8626.8626.8697.58168.29168.29168.29168.29
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales International Breweries generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue International Breweries retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare International Breweries's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares International Breweries has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against International Breweries's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

International Breweries stock margins

The International Breweries margin analysis displays the gross margin, EBIT margin, as well as the profit margin of International Breweries. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for International Breweries.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
25.40 %
-4.43 %
-9.69 %
Jan 1, 2022
19.96 %
1.92 %
-9.89 %
Jan 1, 2023
33.10 %
0.16 %
-26.87 %
Jan 1, 2024
26.86 %
13.01 %
-23.24 %
Jan 1, 2025
32.97 %
12.47 %
10.21 %
Jan 1, 2026 (e)
32.97 %
20.16 %
17.24 %
Jan 1, 2027 (e)
32.97 %
21.97 %
17.43 %
Jan 1, 2028 (e)
32.97 %
12.93 %
13.76 %

International Breweries Stock Revenue, EBIT, Earnings per Share

The International Breweries earnings per share therefore indicates how much revenue International Breweries has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
6.79 NGN
-0.30 NGN
-0.66 NGN
Jan 1, 2022
8.14 NGN
0.16 NGN
-0.81 NGN
Jan 1, 2023
9.70 NGN
0.02 NGN
-2.61 NGN
Jan 1, 2024
5.01 NGN
0.65 NGN
-1.16 NGN
Jan 1, 2025
3.68 NGN
0.46 NGN
0.38 NGN
Jan 1, 2026 (e)
4.95 NGN
1.00 NGN
0.85 NGN
Jan 1, 2027 (e)
5.95 NGN
1.31 NGN
1.04 NGN
Jan 1, 2028 (e)
9.41 NGN
1.22 NGN
1.30 NGN

International Breweries business model & stock analysis

International Breweries Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

International Breweries historical P/E ratio, EBIT multiple, and P/S ratio

International Breweries annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

International Breweries shares outstanding

The number of shares of International Breweries was 168.29 B in 2025. This indicates how many shares International Breweries is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

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  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
26.86 B Stocks
Jan 1, 2022
26.86 B Stocks
Jan 1, 2023
26.86 B Stocks
Jan 1, 2024
97.58 B Stocks
Jan 1, 2025
168.29 B Stocks
Jan 1, 2026 (e)
168.29 B Stocks
Jan 1, 2027 (e)
168.29 B Stocks
Jan 1, 2028 (e)
168.29 B Stocks

International Breweries stock splits

In International Breweries's history, there have been no stock splits.

International Breweries Dividend History

5 years of dividend payments

YearAnnual DividendYoY ChangePayments
20170.29NGN 18.4%
20160.35NGN 40.0%
20150.25NGN 21.9%
20140.32NGN 28.0%
20130.25NGN

International Breweries dividend payout ratio

In 2025, International Breweries had a payout ratio of 64.39%. The payout ratio indicates the percentage of the company's profits that International Breweries distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
63.59 %
Jan 1, 2022
65.24 %
Jan 1, 2023
63.73 %
Jan 1, 2024
64.19 %
Jan 1, 2025
64.39 %
Jan 1, 2026 (e)
35.02 %
Jan 1, 2027 (e)
30.09 %
Jan 1, 2028 (e)
25.21 %

Current International Breweries forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
20.41 %
Buy
7.69 % (1)
Hold
30.77 % (4)
Sell
61.54 % (8)
12M Price Target
10.62
Last Price
13.70
Currency
NGN
12M Return Potential
-22.49 %
LTM Return
0 %

International Breweries shareholder structure

% Name
12.51965%
Ab Inbev Niheria Holdings Bv
Ab Inbev Niheria Holdings Bv
1.41277%
Warsteiner Group
Warsteiner Group
0.19851%
Awomolo (Folorunsho)
Awomolo (Folorunsho)
0.04270%
Ajukwu (Michael Onochie)
Ajukwu (Michael Onochie)
0.02420%
Nnameka (Igwe)
Nnameka (Igwe)
0.00080%
Omole (Sunday Akintoye)
Omole (Sunday Akintoye)

International Breweries Executives and Management Board

11 members · avg. age 90 · 27 % women

Management

CC

Mr. Carlos Coutino

Managing Director, Director · since 2023

Board of Directors

HA

H.R.M. Igwe Achebe

Non-Executive Chairman

DT

Mr. David Tomlinson

Finance Director, Director · since 2023

TA

Ms. Tolulope Adedeji

Executive Director · since 2019

BA

Mr. Bruno Arana

Executive Director · since 2020

TO

Mrs. Temitope Oguntokun

Executive Director · since 2024

MA

Mr. Michael Ajukwu

Non-Executive Director

Frequently asked questions about International Breweries

Analysts currently set an average price target of 10.83 NGN for the International Breweries stock (median: 10.62 NGN), implying -21.0 % versus the latest price. The consensus is based on 13 analyst ratings.

13 analysts currently rate the International Breweries stock: 1 recommend buying, 4 holding and 8 selling. For 2026, analysts expect International Breweries to generate revenue of 832.63 B NGN and earnings per share of 0.85 NGN.

Converted at the current exchange rate, the International Breweries share trades at 0.01 EUR (13.70 NGN).

No history available for International Breweries.

The expected revenue of International Breweries is 832.63 B NGN. This figure is based on current financial data and reflects the company's business performance.

The expected profit of International Breweries is 143.51 B NGN. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of International Breweries is currently 16.07. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the International Breweries stock.

The price-to-sales ratio (P/S) of International Breweries is currently 2.77. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the International Breweries stock.

The Eulerpool Quality Score for International Breweries is 6/10.

The ISIN of International Breweries is NGINTBREW005. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The ticker of International Breweries is INTBREW.NL. The ticker symbol is used to trade International Breweries shares on the stock exchange.

Over the past 12 months, International Breweries paid a dividend of 0.29 NGN . This corresponds to a dividend yield of about 2.08 %. For the coming 12 months, International Breweries is expected to pay a dividend of 0.31 NGN.

The current dividend yield of International Breweries is 2.08 %.

International Breweries pays a dividend, distributed in the months of , , , .

International Breweries paid dividends every year for the past 0 years.

For the upcoming 12 months, dividends amounting to 0.31 NGN are expected. This corresponds to a dividend yield of 2.28 %.

International Breweries is assigned to the 'Non-cyclical consumption' sector.

To receive the latest dividend of International Breweries from amounting to 0.35 NGN, you needed to have the stock in your portfolio before the ex-date on .

The last dividend was paid out on .

The dividends of International Breweries are distributed in NGN.