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Ambev S.A.BOVESPA:ABEV3 Stock Report

Market Cap R$256.7b
Share Price
R$16.41
n/a
1Y33.2%
7D1.5%
Portfolio Value
​
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Ambev S.A.

BOVESPA:ABEV3 Stock Report

Market Cap: R$256.7b

Ambev (ABEV3) Stock Overview

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. More details

ABEV3 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends2/6

Rewards

Earnings have grown 3% per year over the past 5 years

Risk Analysis

Dividend of 8.89% is not well covered by earnings or free cash flows


ABEV3 Community Fair Values

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See what 45 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Ambev

ABEV3: Future Performance Will Depend On Demand Recovery Amid Soft Market Trends

Key Takeaways Expansion of digital platforms and premium product lines is boosting direct consumer engagement, higher margins, and revenue diversification. Cost optimization and supply chain improvements are enhancing margins and cash flow stability amid challenging market conditions.
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R$14.81
FV
10.8% overvalued intrinsic discount
5.13%
Revenue growth p.a.
161
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
25users have followed this narrative
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Ambev

Falling Alcohol Demand And Stricter Rules Will Weaken Future Prospects

Key Takeaways Declining alcohol consumption, regulatory pressures, and increased competition threaten Ambev's revenue, margins, and ability to premiumize its brand portfolio. Heavy reliance on Brazil exposes Ambev to currency and political risks, while underperforming flagship brands signal potential long-term market share losses.
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R$10.6
FV
54.8% overvalued intrinsic discount
1.61%
Revenue growth p.a.
22
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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Ambev

Latin American Middle Class And Urbanization Will Fuel Premium Demand

Key Takeaways Robust digital growth, premiumization, and category leadership position Ambev for accelerated margin expansion, top-line gains, and lasting brand strength in Latin America. Strong cash generation, cost optimization, and a resilient portfolio support significant shareholder returns and sustained market share growth through economic cycles.
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R$17.49
FV
6.2% undervalued intrinsic discount
7.80%
Revenue growth p.a.
10
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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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$16.41
52 Week HighR$16.77
52 Week LowR$11.66
Beta0.24
1 Month Change10.36%
3 Month Change18.40%
1 Year Change33.20%
3 Year Change24.98%
5 Year Change11.03%
Change since IPO-5.69%

Recent News & Updates

Why We Like The Returns At Ambev (BVMF:ABEV3)

Jan 13
Why We Like The Returns At Ambev (BVMF:ABEV3)

Recent updates

Why We Like The Returns At Ambev (BVMF:ABEV3)

Jan 13
Why We Like The Returns At Ambev (BVMF:ABEV3)

Ambev S.A. (BVMF:ABEV3) Investors Are Less Pessimistic Than Expected

Dec 26
Ambev S.A. (BVMF:ABEV3) Investors Are Less Pessimistic Than Expected

Does Ambev (BVMF:ABEV3) Have A Healthy Balance Sheet?

Dec 08
Does Ambev (BVMF:ABEV3) Have A Healthy Balance Sheet?

Ambev S.A. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

Nov 02
Ambev S.A. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year

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
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
7D1.5%0.4%2.3%
1Y33.2%16.1%35.7%

Return vs Industry: ABEV3 exceeded the BR Beverage industry which returned 16.1% over the past year.

Return vs Market: ABEV3 underperformed the BR Market which returned 35.7% over the past year.

Price Volatility

Is ABEV3's price volatile compared to industry and market?
ABEV3 volatility
ABEV3 Average Weekly Movement3.3%
Beverage Industry Average Movement3.3%
Market Average Movement4.6%
10% most volatile stocks in BR Market8.5%
10% least volatile stocks in BR Market1.8%

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
185339,000Carlos Eduardo Lisboawww.ambev.com.br

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.

Ambev S.A. Fundamentals Summary

How do Ambev's earnings and revenue compare to its market cap?
ABEV3 fundamental statistics
Market capR$256.74b
Earnings (TTM)R$15.50b
Revenue (TTM)R$88.24b
16.5x
P/E Ratio
2.9x
P/S Ratio

Is ABEV3 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ABEV3 income statement (TTM)
RevenueR$88.24b
Cost of RevenueR$42.86b
Gross ProfitR$45.38b
Other ExpensesR$29.87b
EarningsR$15.50b

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

May 05, 2026

Earnings per share (EPS)0.99
Gross Margin51.42%
Net Profit Margin17.57%
Debt/Equity Ratio0.5%

How did ABEV3 perform over the long term?

See historical performance and comparison

Dividends

8.9%
Current Dividend Yield
147%
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 DateDec 19 2025
Dividend Pay DateDec 31 2026
Days until Ex dividend70 days
Days until Dividend pay date307 days

Does ABEV3 pay a reliable dividends?

See ABEV3 dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/02/26 23:02
End of Day Share Price 2026/02/26 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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 30 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Berenice MuñozBarclays
Benjamin TheurerBarclays
Georgia JorgeBB Banco de Investimento S.A.