ABEV Stock Analysis: Ambev | NYSE
Beverages - Brewers | NYSE, USA | Market Cap: 48.099m USD | 12M Return: 38.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 78.9M
EPS Trend: -82.2%
Qual. Beats: 1
Rev. Trend: 76.3%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ambev S.A. is one of the largest beverage producers in Latin America, operating through subsidiaries in Brazil, Central America and the Caribbean, Latin America South, and Canada. The company produces, distributes, and sells beer, draft beer, soft drinks, malt, food, and other beverages. Its portfolio spans beer, ready-to-drink cocktails, spritzers, soft drinks, water, teas, and isotonic drinks marketed under well-known regional brands including Brahma, Skol, Antarctica, Quilmes, and Guaraná Antarctica, among others. Ambev sells through a broad network of distributors, supermarkets, and retailers.
The company was founded in 1853 and is headquartered in São Paulo, Brazil. It trades on the NYSE as an ADR under the ticker ABEV and operates as a subsidiary of Interbrew International B.V., linking it to the global AB InBev group, the worlds largest brewer by volume. As a large-cap Consumer Staples company in the Brewers sub-industry, Ambev benefits from stable, recurring demand for its products, though the business is sensitive to commodity input costs such as aluminum, grain, and sugar.
- Brazil beer pricing rebounds as volumes stabilize
- Aluminum and barley cost inflation squeezes gross margins
- Heineken Brasil Kirin deal intensifies core market competition
| Net Income: 15.6b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA 0.57 > 1.0 |
| NWC/Revenue: 1.33% < 20% (prev 4.59%; Δ -3.26% < -1%) |
| CFO/TA 0.18 > 3% & CFO 26.4b > Net Income 15.6b |
| Net Debt (-13.8b) to EBITDA (29.0b): -0.48 < 3 |
| Current Ratio: 1.03 > 1.5 & < 3 |
| Outstanding Shares: last quarter (15.7b) vs 12m ago -0.39% < -2% |
| Gross Margin: 51.48% > 18% (prev 51.46%; Δ 0.02% > 0.5%) |
| Asset Turnover: 60.82% > 50% (prev 62.24%; Δ -1.41% > 0%) |
| Interest Coverage Ratio: 8.09 > 6 (EBIT TTM 22.2b / Interest Expense TTM 2.75b) |
| A: 0.01 (Total Current Assets 42.8b - Total Current Liabilities 41.7b) / Total Assets 143b |
| B: 0.03 (Retained Earnings 4.31b / Total Assets 143b) |
| C: 0.15 (EBIT TTM 22.2b / Avg Total Assets 145b) |
| D: 1.74 (Book Value of Equity 90.1b / Total Liabilities 51.9b) |
| Altman-Z'' = 3.01 = A |
| DSRI: 1.03 (Receivables 8.83b/8.90b, Revenue 88.2b/91.7b) |
| GMI: 1.00 (GM 51.46% / 51.48%) |
| AQI: 1.01 (AQ_t 0.52 / AQ_t-1 0.51) |
| SGI: 0.96 (Revenue 88.2b / 91.7b) |
| TATA: -0.08 (NI 15.6b - CFO 26.4b) / TA 143b) |
| Beneish M = -3.03 (Cap -4..+1) = AA |
As of July 06, 2026, the stock is trading at USD 3.10 with a total of 18,766,200 shares traded. Over the past week, the price has changed by -1.27%, over one month by -0.36%, over three months by +3.97% and over the past year by +38.84%.
Current recommended Stop Loss: 2.90 (which is 6.5% or 2.5 ATR below the current price).
Ambev has received a consensus analysts rating of 3.42. Therefore, it is recommended to hold ABEV.
- StrongBuy: 2
- Buy: 2
- Hold: 7
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 3.4 | 9.4% |
Market Cap BRL = 249b (48.1b USD * 5.1686 USD.BRL)
P/E Trailing = 16.3158
P/E Forward = 15.3374
P/S = 0.5453
P/B = 2.7745
P/EG = 2.218
Revenue TTM = 88.2b BRL
EBIT TTM = 22.2b BRL
EBITDA TTM = 29.0b BRL
Long Term Debt = 234.2m BRL (from longTermDebt, last quarter)
Short Term Debt = 1.10b BRL (from shortTermDebt, last quarter)
Debt = 5.83b BRL (from shortLongTermDebtTotal, last quarter) + Leases 2.73b
Net Debt = -13.8b BRL (calculated: Debt 5.83b - CCE 19.6b)
Enterprise Value = 235b BRL (249b + Debt 5.83b - CCE 19.6b)
Interest Coverage Ratio = 8.09 (Ebit TTM 22.2b / Interest Expense TTM 2.75b)
EV/FCF = 10.60x (Enterprise Value 235b / FCF TTM 22.2b)
FCF Yield = 9.43% (FCF TTM 22.2b / Enterprise Value 235b)
FCF Margin = 25.11% (FCF TTM 22.2b / Revenue TTM 88.2b)
Net Margin = 17.66% (Net Income TTM 15.6b / Revenue TTM 88.2b)
Gross Margin = 51.48% ((Revenue TTM 88.2b - Cost of Revenue TTM 42.8b) / Revenue TTM)
Gross Margin QoQ = 51.56% (prev 52.63%)
Tobins Q-Ratio = 1.64 (Enterprise Value 235b / Total Assets 143b)
Interest Expense / Debt = 47.15% (Interest Expense 2.75b / Debt 5.83b)
Taxrate = 17.58% (3.43b / 19.5b)
NOPAT = 18.3b (EBIT 22.2b * (1 - 17.58%))
Current Ratio = 1.03 (Total Current Assets 42.8b / Total Current Liabilities 41.7b)
Debt / Equity = 0.06 (Debt 5.83b / totalStockholderEquity, last quarter 90.1b)
Debt / EBITDA = -0.48 (Net Debt -13.8b / EBITDA 29.0b)
Debt / FCF = -0.62 (Net Debt -13.8b / FCF TTM 22.2b)
Total Stockholder Equity = 90.6b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.74% (Net Income 15.6b / Total Assets 143b)
RoE = 17.19% (Net Income TTM 15.6b / Total Stockholder Equity 90.6b)
RoCE = 24.48% (EBIT 22.2b / Capital Employed (Equity 90.6b + L.T.Debt 234.2m))
RoIC = 18.75% (NOPAT 18.3b / Invested Capital 97.8b)
WACC = 7.55% (E(249b)/V(254b) * Re(6.82%) + D(5.83b)/V(254b) * Rd(47.15%) * (1-Tc(0.18)))
Discount Rate = 6.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.41 | Cagr: -0.43%
[DCF] Terminal Value 75.52% ; FCFF base≈22.1b ; Y1≈22.3b ; Y5≈23.9b
[DCF] Fair Price = 24.78 (EV 371b - Net Debt -13.8b = Equity 384b / Shares 15.5b; r=8.35% [WACC [floored]]; 5y FCF grow 0.59% → 2.50% )
EPS Correlation: -82.22 | EPS CAGR: -6.13% | SUE: 2.02 | # QB: 1
Revenue Correlation: 76.34 | Revenue CAGR: 4.85% | SUE: 0.03 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.04 | Chg30d=N/A | Revisions=+25% | Analysts=3
EPS next Quarter (2026-09-30): EPS=0.05 | Chg30d=+2.36% | Revisions=+25% | Analysts=3
EPS current Year (2026-12-31): EPS=0.20 | Chg30d=-1.31% | Revisions=+12% | GrowthEPS=+9.6% | GrowthRev=+4.3%
EPS next Year (2027-12-31): EPS=0.22 | Chg30d=-1.40% | Revisions=+12% | GrowthEPS=+11.3% | GrowthRev=+4.7%
[Analyst] Revisions Ratio: +27% (up=8, down=4)