Ambev Future Growth

Future criteria checks 1/6

Ambev is forecast to grow earnings and revenue by 6.4% and 5.3% per annum respectively. EPS is expected to grow by 5.7% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

6.4%

Earnings growth rate

5.7%

EPS growth rate

Beverage earnings growth	8.9%
Revenue growth rate	5.3%
Future return on equity	18.6%
Analyst coverage	Good
Last updated	02 May 2024

Recent future growth updates

No updates

Recent updates

Earnings and Revenue Growth Forecasts

NYSE:ABEV - Analysts future estimates and past financials data (BRL Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	94,021	16,941	15,692	25,239	10
12/31/2025	88,491	15,712	14,702	22,913	14
12/31/2024	84,374	14,410	14,808	22,659	16
12/31/2023	79,737	14,502	18,707	24,711	N/A
9/30/2023	82,441	15,081	16,806	22,573	N/A
6/30/2023	82,711	14,278	14,420	20,760	N/A
3/31/2023	81,801	14,745	12,749	19,546	N/A
12/31/2022	79,709	14,458	14,109	20,642	N/A
9/30/2022	79,027	13,098	13,149	20,657	N/A
6/30/2022	76,932	13,542	13,594	20,946	N/A
3/31/2022	74,654	13,458	13,346	20,584	N/A
12/31/2021	72,854	12,671	15,224	22,901	N/A
9/30/2021	69,400	15,850	13,408	19,469	N/A
6/30/2021	66,512	14,572	14,644	20,150	N/A
3/31/2021	62,416	12,913	15,475	20,149	N/A
12/31/2020	58,379	11,379	14,163	18,856	N/A
9/30/2020	55,085	8,693	14,795	20,097	N/A
6/30/2020	51,438	8,916	10,789	16,570	N/A
3/31/2020	51,968	10,210	11,976	17,845	N/A
12/31/2019	52,005	11,780	13,312	18,381	N/A
9/30/2019	52,761	11,041	13,118	17,537	N/A
6/30/2019	51,867	11,368	15,650	19,385	N/A
3/31/2019	51,231	11,151	15,841	19,486	N/A
12/31/2018	50,231	10,995	14,775	18,346	N/A
9/30/2018	49,241	10,754	15,073	18,457	N/A
6/30/2018	49,539	7,930	14,450	17,621	N/A
3/31/2018	48,298	7,639	13,713	16,830	N/A
12/31/2017	47,899	7,332	14,670	17,874	N/A
9/30/2017	46,050	8,885	N/A	16,906	N/A
6/30/2017	45,170	11,946	N/A	16,886	N/A
3/31/2017	45,279	11,979	N/A	16,544	N/A
12/31/2016	45,603	12,547	N/A	12,344	N/A
9/30/2016	47,721	12,028	N/A	15,399	N/A
6/30/2016	47,984	11,918	N/A	16,344	N/A
3/31/2016	47,517	12,380	N/A	18,134	N/A
12/31/2015	46,720	12,424	N/A	23,581	N/A
9/30/2015	43,657	12,808	N/A	21,365	N/A
6/30/2015	41,536	12,671	N/A	18,810	N/A
3/31/2015	39,804	12,330	N/A	17,550	N/A
12/31/2014	38,080	12,066	N/A	15,896	N/A
9/30/2014	36,980	12,201	N/A	15,461	N/A
6/30/2014	36,899	11,681	N/A	16,940	N/A
3/31/2014	36,292	10,662	N/A	15,957	N/A
12/31/2013	35,079	9,557	N/A	15,315	N/A
9/30/2013	34,080	7,146	N/A	13,971	N/A
6/30/2013	33,572	6,367	N/A	13,532	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ABEV's forecast earnings growth (6.4% per year) is above the savings rate (2.4%).

Earnings vs Market: ABEV's earnings (6.4% per year) are forecast to grow slower than the US market (14.1% per year).

High Growth Earnings: ABEV's earnings are forecast to grow, but not significantly.

Revenue vs Market: ABEV's revenue (5.3% per year) is forecast to grow slower than the US market (8.2% per year).

High Growth Revenue: ABEV's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ABEV's Return on Equity is forecast to be low in 3 years time (18.6%).

Ambev Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Recent updates

Ambev S.A.: Diversify Out Of U.S. Assets With Beer Made In Brazil

Ambev: A Currency That Produces Beer

Ambev: A Dominant Beer Producer With Currency And Commodity Risk

Ambev: Premiumization Meets Little Resistance

Ambev S.A. to Report Q2, 2024 Results on Aug 01, 2024

Ambev: Cautious Outlook For A Difficult Proposition

Ambev Q3 Earnings: Insufficient To Alter Bearish Outlook

Ambev: Improving Operating Metrics With Healthy Dividend Yield, Buy

Nurture Ambev S.A. But Don't Gulp It

Ambev S.A. to Report Q1, 2023 Results on May 04, 2023

Ambev: Limited World Cup Boost, Shares Remain Out Of Favor

Ambev declares $0.1457 dividend

Ambev S.A. Approves Distribution, Payable on December 29, 2022

Ambev: Still Everything To Do Post Q3 Earnings Print

Ambev S.A. Announces Board Committee Appointments

Ambev: Bullish Ahead Of The FIFA World Cup

Ambev Non-GAAP EPS of R$0.19, revenue of R$17.99B

Ambev S.A. to Report Q3, 2022 Results on Oct 27, 2022

Ambev S.A. to Report Q2, 2022 Results on Jul 28, 2022

Ambev: Signs Of A Turnaround But Valuation Remains Rich

Ambev S.A. to Report Q1, 2022 Results on May 05, 2022

Ambev S.A.: Bullish Operating Momentum Can Lift Shares Higher

Ambev: Strong Q3 Initiates A Buy Even With Some Risks

Ambev: An Underappreciated And Undervalued Brewing Giant

Ambev Accelerating Its Core Plus Segment

Ambev: Don't Sleep On This Reopening Strategy

Ambev S.A. to Report Q4, 2020 Results on Feb 25, 2021

Ambev: Impacts And The Risks Of Brazil's Economic Recovery

Ambev S.A., Annual General Meeting, Apr 29, 2021

Ambev goes ex-dividend tomorrow

Ambev: Volume Growth And Real Appreciation Benefiting The Recovery Story

Ambev EPS beats by R$0.04, beats on revenue

Ambev S.A. Announces Executive Changes

Ambev S.A. to Report Q3, 2020 Results on Oct 29, 2020

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies