CCU
Compañía Cervecerías Unidas S.A.
CCU's fundamentals are mixed: it turned 5% of its revenue into free cash flow, but earnings per share fell 31%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
CCU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable |
CCU's revenue, profitability, cash flow and balance sheet are all currently stable.
CCU PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 15x | $8.21 | -24% |
| Fair | 17x | $9.62 | -11% |
| Current | 20x | $10.84 | — |
| Expensive | 21x | $11.28 | +4% |
Historical ranges are pointers, not guarantees.
CCU's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
CCU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CCU, with profitability improving.
CCU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.55 | -31% |
| Q1 2026 | $0.60 | -33% |
| Q4 2025 | $0.61 | -31% |
| Q3 2025 | $0.72 | +1.4% |
| Q2 2025 | $0.80 | +33% |
| Q1 2025 | $0.89 | +62% |
| Q4 2024 | $0.88 | +52% |
| Q3 2024 | $0.71 | +18% |
CCU's earnings per share have fallen from their peak: $0.55 over the past year, against $0.89 in early 2025.
CCU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $608.4M | +4.8% |
| Q1 2026 | $820.3M | +0.2% |
| Q4 2025 | $854.3M | -12% |
| Q3 2025 | $659.3M | -1.1% |
| Q2 2025 | $580.5M | +11% |
| Q1 2025 | $818.5M | +9.6% |
| Q4 2024 | $969M | +69% |
| Q3 2024 | $666.5M | -3% |
CCU's revenue fell from its 2024 peak and has held roughly level since: $608M last quarter, up 4.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -3.4% | +1.3 points |
| Q1 2026 | 11% | +0.9 points |
| Q4 2025 | 12% | -2.7 points |
| Q3 2025 | 6.2% | +1.8 points |
| Q2 2025 | -4.6% | -4.1 points |
| Q1 2025 | 10% | -1.7 points |
| Q4 2024 | 15% | +1.7 points |
| Q3 2024 | 4.4% | -3.8 points |
CCU's operating margin was −3.4% last quarter, up 1.3 points from the same quarter a year ago, near the bottom of its range since 2019.
CCU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$48.8M | +$16.4M |
| Q1 2026 | $140.8M | +38% |
| Q4 2025 | $80.3M | -29% |
| Q3 2025 | -$25.7M | -312% |
| Q2 2025 | -$65.2M | +$5.7M |
| Q1 2025 | $102M | +33% |
| Q4 2024 | $112.7M | +92% |
| Q3 2024 | $12.1M | -6.7% |
CCU usually generates cash, though not every quarter: the latest was −$49M, but it generated $147M over the past year.
CCU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | 0% | -- |
| 3 years | 0% | +64 shares |
| 5 years | 0% | +64 shares |
| Available history | 0% | +64 shares |
CCU has 185M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
CCU hasn't bought back shares in the past year.
CCU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 2.6x | Moderate |
| Q1 2026 | 1.8x | Healthy |
| Q4 2025 | 2.3x | Moderate |
| Q3 2025 | 2.0x | Moderate |
| Q2 2025 | 1.8x | Healthy |
| Q1 2025 | 1.5x | Healthy |
| Q4 2024 | 1.8x | Healthy |
| Q3 2024 | 2.8x | Moderate |
CCU's net debt is about 2.6 years of its operating earnings (EBITDA), up from 1.8 years a year ago.
CCU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.8 | Neutral |
| Stochastic | 19.7 | Oversold |
CCU's weekly RSI is 44 (neutral) and its Stochastic is 20 (oversold).
CCU PE vs Consumer Defensive Sector
| Metric | CCU | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 19x | 0.5% above |
| PE % | 76 | 18 | 58 pts above |
CCU is trading at 20x earnings, in line with the Consumer Defensive sector's median of 19x, though its earnings don't support one.
CCU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $10.7 | 1% above |
| 20 week MA | $11.3 | 3.6% below |
| 50 week MA | $12.0 | 9.7% below |
| 100 week MA | $12.5 | 13% below |
| 200 week MA | $12.8 | 16% below |
CCU has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 16% below its 200-week average.
CCU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $19.4 | $15.0 | -22% |
| 2021 | $15.0 | $15.8 | +4.9% |
| 2022 | $15.8 | $12.7 | -19% |
| 2023 | $12.7 | $12.5 | -1.3% |
| 2024 | $12.5 | $11.5 | -8.3% |
| 2025 | $11.5 | $13.0 | +13% |
| 2026 YTD | $13.0 | $10.8 | -17% |
CCU has finished lower in four of the last six years. It's down 17% so far in 2026.