Asahi vs Corona Which Offers More Value?

Asahi Group Holdings Ltd. and Grupo Modelo S.A.B. de C.V., the parent companies of Asahi and Corona respectively, are two major players in the global beer industry. Asahi has been steadily expanding its market presence through strategic acquisitions, while Corona has achieved remarkable success with its iconic branding and widespread popularity. Investors often compare the performance of Asahi and Corona stocks to gauge the health of the beer market and make informed investment decisions.

Asahi or Corona?

When comparing Asahi and Corona, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Asahi and Corona.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Asahi has a dividend yield of 3.1%, while Corona has a dividend yield of 2.83%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Asahi reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%. On the other hand, Corona reports a 5-year dividend growth of 0.00% year and a payout ratio of 0.00%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Asahi P/E ratio at 11.53 and Corona's P/E ratio at 20.15. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Asahi P/B ratio is 1.01 while Corona's P/B ratio is 0.38.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Asahi has seen a 5-year revenue growth of 0.36%, while Corona's is -0.01%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Asahi's ROE at 9.06% and Corona's ROE at 1.91%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are ¥1527.00 for Asahi and ¥974.00 for Corona. Over the past year, Asahi's prices ranged from ¥1239.00 to ¥1755.00, with a yearly change of 41.65%. Corona's prices fluctuated between ¥856.00 and ¥1001.00, with a yearly change of 16.94%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.