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Ambev S.A. (ABEV3.SA)

BRL15.72 +0.10 (+0.64%)
BR SAO Consumer Defensive Beverages - Alcoholic
Address Rua Dr. Renato Paes de Barros, 1017 04530-001
São Paulo, SP, BR
CEO Carlos Eduardo Klützenschell Lisboa
IPO 2000-01-05
ISIN BRABEVACNOR1

Explore sections of this company profile

Also trades on B3 S.A. · ABEV3.SA (BRL) New York Stock Exchange · ABEV (USD)
Description

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands. It sells its products to distributors, supermarkets, and retailers within a broad distribution network. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
BRL15.72 +0.10 (+0.64%)
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Volume Profile
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Liquidity & share structure
Average Volume
28M
Beta
0.27
Float Shares
4.23B
Free Float %
27.1%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.74% -2.18% +1.26% -1.35% +18.34% +18.17% +13.19% +14.80% -2.89% -15.33% +3,264.20%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (11 analysts) Buy
Price Targets & DCF
Current price
15.72
DCF (Unlevered) 41.55 +164.3%
DCF (Levered) 43.10 +174.1%
Ratings Trend (MoM) 17% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 1 0
Hold 11 -1
Sell 4 0
Strong Sell 0 0
Quality scores
Altman Z-Score
3.90
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
3 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Alcoholic: +3.3%
    -1.4% Q1'26: -0.1% (vs Q1'25)
  • EPS growth Beverages - Alcoholic: +10.1%
    +8.8% Q1'26: +4.3% (vs Q1'25)
  • FCF margin Beverages - Alcoholic: +6.4%
    +18.4% Q1'26: +12.0% (vs Q1'25)
  • EBIT margin Beverages - Alcoholic: +12.7%
    +22.7% Q1'26: +23.8% (vs Q1'25)
  • ROIC Beverages - Alcoholic: +8.1%
    +21.8% Q1'26: +22.7% (vs Q1'25)
  • Share dilution Beverages - Alcoholic: +0.4%
    -0.8% Q1'26: -0.4% (vs Q1'25)
  • Debt / EBITDA Beverages - Alcoholic: 0.08×
    0.20× Q1'26: 0.11× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.58) × ERP
WACC = 98% × Ke + 2% × Kd (17.7%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 28.92 Current price: 15.72
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
17 Rev. Ana.
8 EPS Ana.
Dec 2027
16 Rev. Ana.
9 EPS Ana.
Dec 2028
13 Rev. Ana.
9 EPS Ana.
Dec 2029
12 Rev. Ana.
3 EPS Ana.
Dec 2030
6 Rev. Ana.
3 EPS Ana.
Revenue
46.72B
est: 47.27B (-1.2%)
45.60B
est: 46.27B (-1.5%)
47.90B
est: 47.48B (+0.9%)
50.23B
est: 49.34B (+1.8%)
52.60B
est: 53.12B (-1.0%)
58.38B
est: 58.12B (+0.4%)
72.85B
est: 71.43B (+2.0%)
79.71B
est: 81.01B (-1.6%)
79.74B
est: 80.63B (-1.1%)
89.45B
est: 88.55B (+1.0%)
88.24B
est: 87.96B (+0.3%)
92.05B
89.10B – 95.20B
+4.6% YoY
96.29B
91.29B – 101.24B
+4.6% YoY
100.97B
100.92B – 101.02B
+4.9% YoY
107.11B
102.59B – 111.72B
+6.1% YoY
113.56B
108.76B – 118.44B
+6.0% YoY
EBITDA
20.84B
est: 14.82B (+40.6%)
17.69B
est: 14.51B (+21.9%)
17.18B
est: 14.89B (+15.4%)
18.78B
est: 15.47B (+21.4%)
19.47B
est: 16.65B (+16.9%)
20.85B
est: 18.22B (+14.4%)
21.09B
est: 22.40B (-5.8%)
23.29B
est: 25.40B (-8.3%)
24.27B
est: 24.42B (-0.6%)
29.01B
est: 26.82B (+8.2%)
26.85B
est: 26.65B (+0.8%)
27.88B
26.99B – 28.84B
+4.6% YoY
29.17B
27.65B – 30.67B
+4.6% YoY
30.59B
30.57B – 30.60B
+4.9% YoY
32.45B
31.08B – 33.84B
+6.1% YoY
34.40B
32.95B – 35.88B
+6.0% YoY
EBIT
17.77B
est: 11.06B (+60.6%)
14.16B
est: 10.83B (+30.8%)
13.69B
est: 11.11B (+23.2%)
14.11B
est: 11.54B (+22.2%)
14.79B
est: 12.43B (+19.0%)
15.68B
est: 13.60B (+15.3%)
15.68B
est: 16.71B (-6.2%)
17.34B
est: 18.95B (-8.5%)
17.85B
est: 18.19B (-1.9%)
21.89B
est: 19.98B (+9.5%)
20.02B
est: 19.85B (+0.9%)
20.77B
20.10B – 21.48B
+4.6% YoY
21.73B
20.60B – 22.84B
+4.6% YoY
22.78B
22.77B – 22.79B
+4.9% YoY
24.17B
23.15B – 25.21B
+6.1% YoY
25.62B
24.54B – 26.72B
+6.0% YoY
Net Income
12.42B
est: 14.51B (-14.4%)
12.55B
est: 12.35B (+1.6%)
7.33B
est: 10.07B (-27.2%)
11.02B
est: 12.13B (-9.1%)
11.78B
est: 12.03B (-2.1%)
11.38B
est: 8.65B (+31.5%)
12.67B
est: 12.77B (-0.8%)
14.46B
est: 13.38B (+8.1%)
14.50B
est: 14.40B (+0.7%)
14.44B
est: 14.75B (-2.1%)
15.50B
est: 15.58B (-0.5%)
15.83B
14.86B – 18.54B
+1.6% YoY
16.90B
14.59B – 19.91B
+6.8% YoY
17.79B
16.29B – 20.74B
+5.3% YoY
22.90B
21.64B – 24.18B
+28.7% YoY
25.41B
24.01B – 26.83B
+11.0% YoY
SGA
13.46B
est: 14.09B (-4.5%)
14.18B
est: 13.79B (+2.8%)
14.54B
est: 14.15B (+2.7%)
14.83B
est: 14.71B (+0.9%)
15.33B
est: 15.84B (-3.2%)
17.57B
est: 17.33B (+1.4%)
21.85B
est: 21.29B (+2.6%)
23.97B
est: 24.15B (-0.7%)
23.44B
est: 23.80B (-1.5%)
26.39B
est: 26.13B (+1.0%)
25.25B
est: 25.96B (-2.7%)
27.17B
26.29B – 28.10B
+4.6% YoY
28.42B
26.94B – 29.88B
+4.6% YoY
29.80B
29.79B – 29.81B
+4.9% YoY
31.61B
30.28B – 32.97B
+6.1% YoY
33.51B
32.10B – 34.95B
+6.0% YoY
EPS
0.79
est: 0.92 (-13.9%)
0.80
est: 0.78 (+2.4%)
0.47
est: 0.64 (-26.2%)
0.70
est: 0.77 (-8.7%)
0.75
est: 0.76 (-1.4%)
0.72
est: 0.55 (+31.6%)
0.81
est: 0.81 (+0.3%)
0.92
est: 0.85 (+8.7%)
0.92
est: 0.91 (+0.6%)
0.92
est: 0.92 (+0.5%)
0.99
est: 0.97 (+2.0%)
1.02
0.95 – 1.18
+4.8% YoY
1.09
0.93 – 1.27
+6.8% YoY
1.14
1.04 – 1.32
+4.9% YoY
1.46
1.38 – 1.54
+28.2% YoY
1.62
1.53 – 1.71
+11.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-05-11 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-05-08 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-05-07 A- 4/5 4/5 4/5 5/5 3/5 3/5 2/5
2026-05-06 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-05-05 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-05-04 A 4/5 5/5 4/5 5/5 3/5 3/5 3/5
2026-04-30 A+ 4/5 5/5 4/5 5/5 3/5 4/5 3/5
2026-04-29 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-28 A 4/5 5/5 4/5 5/5 3/5 3/5 2/5
2026-04-27 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-24 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-23 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-22 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-20 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-17 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-16 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-15 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-14 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-13 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5
2026-04-10 A- 4/5 5/5 4/5 5/5 2/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
18.19B
OE per share TTM
1.16
Owner's Yield
6.87%
Maintenance CapEx ratio
0.32%
Maint CapEx / Avg PPE
36.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
513.2K
Shares Outstanding
15.62B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Carla Smith de Vasconcellos Crippa Prado VP of Corporate Affairs & Member of Executive Board of Officers female
Carlos Eduardo Klutzenschell Lisboa Chief Executive Officer & Member of Board of Executive Officers male
Daniel Wakswaser Cordeiro VP of Marketing & Member of Executive Board of Officers male
Daniela Gavranic Cachich Beyond Beer VP & Member of Board of Executive Officer female
Eduardo Braga Cavalcanti de Lacerda VP of Commercial & Member of Executive Board of Officers male
Eduardo Eiji Horai VP of Information Technology & Member of Board of Executive Officers male
Guilherme Fleury de Figueiredo Ferraz Parolari Chief Financial, Investors Relations & Shared Services Officer and Member of Executive Board male
Joao Coelho Rua Derbli de Carvalho VP of Sales & Member of Executive Board of Officers male
Paulo André Zagman Vice President Officer of Logistics & Member of Executive Board of Officers male
Ricardo Morais Pereira de Melo VP of People & Management and Member of Executive Board of Officers male
Valdecir Duarte Industrial VP & Member of Executive Board of Officers male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits