In recent years, due to the accelerated pace of life, to relieve pressure, most people tend to drink to relax. For the type of wine, the most popular choice is beer. Thus, it may be a good choice to invest in the beer industry for investors. The main purpose of this article is to ana-lyze AB-InBev, which is the leading enterprise in the beer industry, and then get the in-vestment value of this company while providing references for other companies. To achieve this goal, the capital structure of AB-InBev is analyzed by calculating many indicators such as the Weight Average Cost of Capital, and the company's business risks are analyzed in de-tail from three aspects including financial data, costs, and competitors. The result of the analysis is that although the company's profitability is strong, the risk to the company is still high. This leads to the conclusion that risk-neutral or risk-loving people are better suited to invest in AB-InBev.