The best investment opportunities in foreign alcohol stocks are domiciled in Chile. Two Chilean stocks, Vina Concha y Toro (VCO) and Compania Cervecerias Unidas (CCU) provide investors with low valuations and acceptable growth trends which make them very attractive relative to other foreign alcohol stocks. These securities are also attractive because they provide exposure to the attractive Chilean stock market.
Computing Future Valuations from Growth Projections
Shares of VCO and CCU trade at reasonable valuations while other global alcohol stocks trade at much higher valuations:
|
Ticker |
Company |
Country |
P/E |
Earnings Growth Est. |
P/S |
Sales Growth Est. |
|
VCO |
Vina Concha y Toro |
Chile |
15.0 |
3.8% |
1.7 |
10.9% |
|
CCU |
Compania Cervecerias Unidas |
Chile |
15.7 |
8.3% |
2.1 |
8.7% |
|
Anheuser-Busch InBev |
Belgium |
20.2 |
12.9% |
3.6 |
18.5% |
|
|
Diageo |
United Kingdom |
23.0 |
10.2% |
4.2 |
7.5% |
|
|
AMBEV |
Brazil |
29.1 |
8.0% |
9.1 |
9.0% |
Unfortunately, growth trends would need to be extrapolated far into the future
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