CCU
Compañía Cervecerías Unidas S.A.
CCU has lower modeled downside risk, despite its lower overall score.
CELH
Celsius Holdings, Inc.
CELH has the edge over CCU overall, supported by stronger fundamentals and stronger valuation.
CCU Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Stable | |
| Stable |
CCU's revenue, profitability, cash flow and balance sheet are all currently stable.
CELH Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Stable | |
| Strong |
CELH's revenue, profitability and balance sheet are currently healthy, and its cash flow is 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.
CELH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 21x | $31.89 | — |
| Current | 35x | $31.89 | — |
| Cheap | 40x | $35.95 | +13% |
| Fair | 141x | $127 | +299% |
| Expensive | 650x | $585 | +1735% |
Historical ranges are pointers, not guarantees.
CELH has the edge over CCU in the historical PE scenario, which offers more potential upside but is not a forecast.
CCU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for CCU, with profitability improving.
CELH Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for CELH, with profitability improving. However, they disagree widely on these estimates.
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 has the edge over CELH on earnings, with more consistent year-over-year improvement.
CELH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.53 | +70% |
| Q3 2026 | $0.90 | +718% |
| Q2 2026 | $0.24 | -37% |
| Q1 2026 | $0.43 | +30% |
| Q4 2025 | $0.25 | -44% |
| Q3 2025 | $0.11 | -85% |
| Q2 2025 | $0.38 | -62% |
| Q1 2025 | $0.33 | -64% |
| Q4 2024 | $0.45 | -42% |
CELH earned $0.90 per share over the past year, about eight times what it earned the year before.
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.
CELH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $847.2M | +17% |
| Q2 2026 | $817.9M | +11% |
| Q1 2026 | $782.6M | +138% |
| Q4 2025 | $721.6M | +117% |
| Q3 2025 | $725.1M | +173% |
| Q2 2025 | $739.3M | +84% |
| Q1 2025 | $329.3M | -7.4% |
| Q4 2024 | $332.2M | -4.4% |
CELH has the edge over CCU on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 20% | +31 points |
| Q2 2026 | 9.2% | -10 points |
| Q1 2026 | 18% | +2 points |
| Q4 2025 | 3.6% | +9.2 points |
| Q3 2025 | -11% | -9.8 points |
| Q2 2025 | 19% | -4.1 points |
| Q1 2025 | 16% | -7.6 points |
| Q4 2024 | -5.6% | -23 points |
CELH has the edge over CCU on profitability, with a higher operating margin.
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 has the edge over CELH on cash flow, with more consistent year-over-year improvement.
CELH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $127.7M | -60% |
| Q2 2026 | $205.5M | +479% |
| Q1 2026 | $65.8M | -32% |
| Q4 2025 | -$130M | -285% |
| Q3 2025 | $321.5M | +3599% |
| Q2 2025 | $35.5M | +17% |
| Q1 2025 | $96.4M | -26% |
| Q4 2024 | $70.3M | +16394% |
CELH still generates free cash flow, though less than at its 2025 peak: $269M 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.
CELH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.8% | -2M shares |
| 1 year | -1.1% | -2.9M shares |
| 3 years | +7.4% | +17.6M shares |
| 5 years | +8.3% | +19.5M shares |
| Available history | +32% | +62.4M shares |
CELH has the edge over CCU on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $300,000 |
| Q2 2026 | $1M |
| Q1 2026 | $8.8M |
| Q4 2025 | $2.5M |
| Q3 2025 | $448,000 |
| Q2 2025 | $879,000 |
| Q1 2025 | $1.9M |
| Q4 2024 | $603,000 |
CELH spent $13M buying back its own shares over the past year, about three times what it spent the year before.
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.
CELH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -0.1x | Net Cash |
| Q2 2026 | 0.2x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 1.6x | Healthy |
| Q3 2025 | 0.5x | Very low |
| Q2 2025 | 1.4x | Healthy |
| Q1 2025 | -7.3x | Net Cash |
| Q4 2024 | -5.5x | Net Cash |
CELH has the edge over CCU on leverage, with a lower net debt burden relative to earnings.
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).
CELH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 51.3 | Neutral |
| Stochastic | 56.8 | Neutral |
CELH's weekly RSI is 51 (neutral) and its Stochastic is 57 (neutral).
CCU PE vs Consumer Defensive Sector
| Metric | CCU | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 19x | 0.5% above |
| PE % | 76 | 18 | 58 pts above |
CCU has the edge over CELH on valuation relative to its sector.
CELH PE vs Consumer Defensive Sector
| Metric | CELH | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 19x | 82% above |
| PE % | 11 | 18 | 7 pts below |
CELH is trading at 35x earnings, a 82% premium to the Consumer Defensive sector's median of 19x.
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.
CELH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $29.1 | 9.4% above |
| 20 week MA | $29.6 | 7.8% above |
| 50 week MA | $36.1 | 12% below |
| 100 week MA | $38.8 | 18% below |
| 200 week MA | $44.6 | 29% below |
CELH has the edge over CCU on trend strength, trading above more of its moving averages.
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 the edge over CELH on returns for 2026, with the stronger performance.
CELH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.58 | $14.7 | +832% |
| 2021 | $14.7 | $24.9 | +69% |
| 2022 | $24.9 | $35.6 | +43% |
| 2023 | $35.6 | $54.5 | +53% |
| 2024 | $54.5 | $26.5 | -51% |
| 2025 | $26.5 | $45.6 | +72% |
| 2026 YTD | $45.6 | $31.9 | -30% |
CELH's yearly returns have swung widely, from +832% in 2020 to −51% in 2024. It's down 30% so far in 2026.