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Ambev S.A.BOVESPA:ABEV3 Stock Report

Market Cap R$185.1b
Share Price
R$11.87
My Fair Value
R$14.13
16.0% undervalued intrinsic discount
1Y-10.6%
7D-4.7%
Portfolio Value
View

Ambev S.A.

BOVESPA:ABEV3 Stock Report

Market Cap: R$185.1b

Ambev (ABEV3) Stock Overview

Through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. More details

ABEV3 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends3/6

ABEV3 Community Fair Values

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Ambev S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ambev
Historical stock prices
Current Share PriceR$11.87
52 Week HighR$15.03
52 Week LowR$10.72
Beta0.34
1 Month Change-2.38%
3 Month Change-12.20%
1 Year Change-10.62%
3 Year Change-23.02%
5 Year Change-12.53%
Change since IPO-31.78%

Recent News & Updates

The Trend Of High Returns At Ambev (BVMF:ABEV3) Has Us Very Interested

Sep 28
The Trend Of High Returns At Ambev (BVMF:ABEV3) Has Us Very Interested

Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Sep 10
Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Recent updates

The Trend Of High Returns At Ambev (BVMF:ABEV3) Has Us Very Interested

Sep 28
The Trend Of High Returns At Ambev (BVMF:ABEV3) Has Us Very Interested

Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Sep 10
Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Is Ambev (BVMF:ABEV3) A Risky Investment?

Jul 26
Is Ambev (BVMF:ABEV3) A Risky Investment?

Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Jun 02
Ambev S.A.'s (BVMF:ABEV3) Price Is Out Of Tune With Earnings

Is Ambev (BVMF:ABEV3) Using Too Much Debt?

Apr 17
Is Ambev (BVMF:ABEV3) Using Too Much Debt?

Ambev's (BVMF:ABEV3) Returns Have Hit A Wall

Mar 30
Ambev's (BVMF:ABEV3) Returns Have Hit A Wall

We Think Ambev's (BVMF:ABEV3) Healthy Earnings Might Be Conservative

Mar 05
We Think Ambev's (BVMF:ABEV3) Healthy Earnings Might Be Conservative

Ambev S.A. (BVMF:ABEV3) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Mar 01
Ambev S.A. (BVMF:ABEV3) Just Released Its Yearly Results And Analysts Are Updating Their Estimates

Risks To Shareholder Returns Are Elevated At These Prices For Ambev S.A. (BVMF:ABEV3)

Feb 12
Risks To Shareholder Returns Are Elevated At These Prices For Ambev S.A. (BVMF:ABEV3)

Ambev (BVMF:ABEV3) Seems To Use Debt Rather Sparingly

Dec 07
Ambev (BVMF:ABEV3) Seems To Use Debt Rather Sparingly
User avatar

Innovation And Premium Branding Propel Revenue Growth Despite Economic Headwinds

Strategic pricing and premium brand focus drive revenue growth and enhance margins, with technology boosting market penetration and cost efficiency.

Shareholder Returns

ABEV3BR BeverageBR Market
7D-4.7%-2.6%-1.5%
1Y-10.6%-7.6%0.2%

Return vs Industry: ABEV3 underperformed the BR Beverage industry which returned -7.2% over the past year.

Return vs Market: ABEV3 underperformed the BR Market which returned 0% over the past year.

Price Volatility

Is ABEV3's price volatile compared to industry and market?
ABEV3 volatility
ABEV3 Average Weekly Movement2.8%
Beverage Industry Average Movement3.1%
Market Average Movement4.2%
10% most volatile stocks in BR Market8.4%
10% least volatile stocks in BR Market2.0%

Stable Share Price: ABEV3 has not had significant price volatility in the past 3 months compared to the BR market.

Volatility Over Time: ABEV3's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188543,000Carlos Eduardo Lisboawww.ambev.com.br

Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt and food, other alcoholic beverages, and non-alcoholic and non-carbonated products in Brazil, Central America and Caribbean, Latin America South, and Canada. It also provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas. The company offers its products under its own main brands, such as Brahma, SkoL, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceña, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and e Beats; and licensed brands, including Budweiser, Corona, Spaten, Stella Artois, Beck’s, Modelo, Bud Light, Busch, and e Michelob Ultra, as well as under the Pepsi, H2OH!

Ambev S.A. Fundamentals Summary

How do Ambev's earnings and revenue compare to its market cap?
ABEV3 fundamental statistics
Market capR$185.08b
Earnings (TTM)R$14.75b
Revenue (TTM)R$91.72b
12.5x
P/E Ratio
2.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABEV3 income statement (TTM)
RevenueR$91.72b
Cost of RevenueR$44.49b
Gross ProfitR$47.23b
Other ExpensesR$32.48b
EarningsR$14.75b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

Oct 30, 2025

Earnings per share (EPS)0.95
Gross Margin51.50%
Net Profit Margin16.08%
Debt/Equity Ratio0.5%

How did ABEV3 perform over the long term?

See historical performance and comparison

Dividends

4.3%
Current Dividend Yield
71%
Payout Ratio

Does ABEV3 pay a reliable dividends?

See ABEV3 dividend history and benchmarks
When do you need to buy ABEV3 by to receive an upcoming dividend?
Ambev dividend dates
Ex Dividend DateAug 08 2025
Dividend Pay DateOct 06 2025
Days until Ex dividend57 days
Days until Dividend pay date2 days

Does ABEV3 pay a reliable dividends?

See ABEV3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/04 01:22
End of Day Share Price 2025/10/03 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ambev S.A. is covered by 37 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ishan MajumdarBaptista Research
Benjamin TheurerBarclays
Berenice MuñozBarclays