Ambev S.A. (NYSE:ABEV)

Ambev S.A. ABEV

Consumer Defensive - Beverages - Alcoholic - NYSE - BR

Watchlist

$ 2.21

0 %

$ 34.8 B

Market Cap

14.73

P/E

1. INTRINSIC VALUE

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products in the Americas. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Cacique, Presidente, Brahma Light, Presidente Light, Presidente Golden Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, and Budweiser, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands.[ Read More ]

The intrinsic value of one ABEV stock under the base case scenario is HIDDEN Compared to the current market price of 2.21 USD, Ambev S.A. is HIDDEN

ABEV Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart ABEV

FINANCIALS

Annual
Quarterly

79.7 B REVENUE

Growth Rates

1Year 0.04%

3Years 10.95%

5Years 9.68%

7Years 8.31%

10Years 8.65%

18.8 B OPERATING INCOME

Growth Rates

1Year 6.46%

3Years 5.64%

5Years 2.08%

7Years 1.38%

10Years 2.06%

14.5 B NET INCOME

Growth Rates

1Year -2.61%

3Years 7.32%

5Years 4.97%

7Years 1.48%

10Years 2.48%

24.7 B OPERATING CASH FLOW

Growth Rates

1Year 19.71%

3Years 9.43%

5Years 6.65%

7Years 10.42%

10Years 2.32%

-5.77 B INVESTING CASH FLOW

Growth Rates

1Year -15.23%

3Years 5.35%

5Years -9.42%

7Years 0.32%

10Years -4.25%

-16.1 B FINANCING CASH FLOW

Growth Rates

1Year 1.36%

3Years -23.28%

5Years -4.04%

7Years -4.75%

10Years -1.57%

22.1 B REVENUE

Growth Rates

1Year 0.04%

3Years 10.95%

5Years 9.68%

7Years 8.31%

10Years 8.65%

5.31 B OPERATING INCOME

Growth Rates

1Year 6.46%

3Years 5.64%

5Years 2.08%

7Years 1.38%

10Years 2.06%

3.57 B NET INCOME

Growth Rates

1Year -2.61%

3Years 7.32%

5Years 4.97%

7Years 1.48%

10Years 2.48%

8.11 B OPERATING CASH FLOW

Growth Rates

1Year 19.71%

3Years 9.43%

5Years 6.65%

7Years 10.42%

10Years 2.32%

-1.13 B INVESTING CASH FLOW

Growth Rates

1Year -15.23%

3Years 5.35%

5Years -9.42%

7Years 0.32%

10Years -4.25%

-1.09 B FINANCING CASH FLOW

Growth Rates

1Year 1.36%

3Years -23.28%

5Years -4.04%

7Years -4.75%

10Years -1.57%

Balance Sheet Decomposition Ambev S.A.

133 B ASSETS
52.5 B LIABILITIES

Current Assets	36.6 B
Cash & Short-Term Investments	16.3 B
Receivables	5.74 B
Other Current Assets	14.5 B
Non-Current Assets	96.1 B
Long-Term Investments	531 M
PP&E	26.6 B
Other Non-Current Assets	68.9 B

Current Liabilities	41 B
Accounts Payable	23.2 B
Short-Term Debt	1.3 B
Other Current Liabilities	16.5 B
Non-Current Liabilities	11.5 B
Long-Term Debt	2.2 B
Other Non-Current Liabilities	9.29 B

EFFICIENCY

Earnings Waterfall Ambev S.A.

Revenue	79.7 B
Cost Of Revenue	42.1 B
Gross Profit	37.6 B
Operating Expenses	21.6 B
Operating Income	18.8 B
Other Expenses	4.33 B
Net Income	14.5 B

RATIOS

47.15% GROSS MARGIN

Averages

1Year 47.15%

3Years 49.16%

5Years 51.98%

7Years 54.84%

10Years 57.93%

23.62% OPERATING MARGIN

Averages

1Year 23.62%

3Years 23.08%

5Years 25.43%

7Years 27.90%

10Years 31.46%

18.19% NET MARGIN

Averages

1Year 18.19%

3Years 17.91%

5Years 19.12%

7Years 18.98%

10Years 21.87%

18.36% ROE

Averages

1Year 18.36%

3Years 17.11%

5Years 17.20%

7Years 17.35%

10Years 20.38%

10.93% ROA

Averages

1Year 10.93%

3Years 10.18%

5Years 10.24%

7Years 10.20%

10Years 11.68%

23.56% ROIC

Averages

1Year 23.56%

3Years 21.85%

5Years 21.61%

7Years 21.82%

10Years 24.46%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis Ambev S.A.

Net Income	14.5 B
Depreciation & Amortization	6.42 B
Capital Expenditures	-6 B
Stock-Based Compensation	332 M
Change in Working Capital	-296 M
Others	5.76 B
Free Cash Flow	18.7 B

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets Ambev S.A.

Wall Street analysts predict an average 1-year price target for ABEV of $2.1 , with forecasts ranging from a low of $2.1 to a high of $2.1 .

ABEV Lowest Price Target Wall Street Target

2.1 USD -4.98%

ABEV Average Price Target Wall Street Target

2.1 USD -4.98%

ABEV Highest Price Target Wall Street Target

2.1 USD -4.98%

4. DIVIDEND ANALYSIS

0.04% DIVIDEND YIELD

0.147 USD DIVIDEND PER SHARE

5. COMPETITION

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.

20.2 USD

FMX

Overvalued 77.56%

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager.

240 USD

SAM

Overvalued 24.50%

Compañía Cervecerías Unidas S.A. operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine.

10 USD

CCU

Overvalued 7.30%

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific.

106 USD

TAP

Undervalued 69.10%

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

77 USD

BUD

Undervalued 36.84%

6. Ownership

Insider Ownership Ambev S.A.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price

7. News

Ambev S.A. (ABEV) Q3 2024 Earnings Call Transcript Ambev S.A. (NYSE:ABEV ) Q3 2024 Earnings Conference Call October 31, 2024 11:30 AM ET Company Participants Jean Jereissati - Chief Executive Officer Lucas Lira - Chief Financial and Investor Relations Officer Conference Call Participants Isabella Simonato - Bank of America Thiago Duarte - BTG Robert Ottenstein - Evercore Lucas Ferreira - JPMorgan Henrique Brustolin - Bradesco BBI Guilherme Palhares - Santander Leonardo Alencar - XP Renata Cabral - Citi Ricardo Alves - Morgan Stanley Operator Good morning, good afternoon and thank you for waiting. We would like to welcome everyone to Ambev's 2024 Third Quarter Results Conference Call. seekingalpha.com - 2 weeks ago

Ambev And Its Real Value Ambev S.A. shows strong stability and innovation but faces challenges from competitive pressure, declining profitability, and shifting consumer preferences. The company has a solid balance sheet, low debt, and a high dividend yield, making it a potential defensive investment. Ambev's fundamentals, including EPS, ROE, and ROIC, indicate a recovery from Covid lows, suggesting the stock may be undervalued. seekingalpha.com - 2 weeks ago

Is A Golden Cross Brewing For Ambev? Technical Charts Show Bullish Potential Ambev SA ABEV is inching towards a golden cross —a technical signal that could suggest brighter days ahead for the stock. benzinga.com - 3 weeks ago

Want Safe Dividend Income in 2024 and Beyond? Invest in the Following 3 Ultra-High-Yield Stocks. A strong yield doesn't mean much if the underlying payment can't be sustained. fool.com - 4 weeks ago

Ambev: A Quintessential Value Stock With Low Multiples And Strong Financials Ambev is a quintessential value stock. It is cheap relative to where it has traded historically, its peers, the consumer staples sector, and the market. The stock has clean financials and operating results, which increase its margin of safety for investors and reduce the odds it is a value trap. seekingalpha.com - 1 month ago

Ambev Q2: Many Positive Trends Ambev reported good results, beating market revenue and profit estimates. Ambev's revenues increased by 6.1% YoY, driven by strong performance in Brazil and CAC, despite weaker results in LAS and Canada. Despite higher taxes and expenses, the potential 27% appreciation based on EV/EBITDA multiple supports my buy recommendation. seekingalpha.com - 2 months ago

Is the Options Market Predicting a Spike in Ambev (ABEV) Stock? Investors need to pay close attention to Ambev (ABEV) stock based on the movements in the options market lately. zacks.com - 2 months ago

Ambev S.A. (ABEV) Q2 2024 Earnings Call Transcript Ambev S.A. (NYSE:ABEV ) Q2 2024 Earnings Conference Call August 1, 2024 11:30 AM ET Company Participants Jean Jereissati - Chief Executive Officer Lucas Lira - Chief Financial & Investor Relations Conference Call Participants Thiago Duarte - BTG Isabella Simonato - Bank of America Carlos Laboy - HSBC Ricardo Alves - Morgan Stanley Renata Cabral - Citi Robert Ottenstein - Evercore Leonardo Alencar - XP Lucas Ferreira - JPMorgan Operator Good morning, good afternoon, and thank you for waiting. We would like to welcome everyone to Ambev's 2024 Second Quarter Results Conference Call. seekingalpha.com - 3 months ago

The 7 Most Undervalued Under-$10 Stocks to Buy in July 2024 Think it's too late to find true bargains in this raging bull market? You might be surprised. investorplace.com - 4 months ago

Legal cannabis sales eat into beer revenue, survey data shows Consumer surveys in Canada and the U.S. show that alcohol consumption is down in areas where adults have the option to consume legal cannabis, Bernstein analyst Nadine Sarwat said in a research note on Friday. marketwatch.com - 4 months ago

7 High-Yield Dividend Stock Heroes for Robust Passive Income While growth-centric ideas – particularly in the technology sector – generally attract the most attention, investors should pay attention to passive income opportunities. They're not nearly as exciting as wagering on the next big thing. investorplace.com - 4 months ago

Better at Half the Price? 3 Stocks at 52-Week Lows to Buy Now It's not easy to find bargain stocks to buy when the stock market regularly keeps hitting new all-time highs. The S&P 500 is sitting above $5,431 at the moment, a 14% gain in 2024 and 23% higher than where it stood 12 months ago. investorplace.com - 5 months ago

8. Profile Summary

Ambev S.A. ABEV

COUNTRY BR

INDUSTRY Beverages - Alcoholic

MARKET CAP $ 34.8 B

Dividend Yield 0.04%

Description Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products in the Americas. The company operates through four segments: Brazil; Central America and the Caribbean; Latin America South; and Canada. It offers beer primarily under the Skol, Brahma, Antarctica, Brahva, Brahva Gold, Extra, Bud Light, Beck, Leffe and Hoegaarden, Bucanero, Cristal, Mayabe, Cacique, Presidente, Brahma Light, Presidente Light, Presidente Golden Light, Bohemia, The One, Corona, Modelo Especial, Stella Artois, and Budweiser, Quilmes Clásica, Paceña, Taquiña, Huari, Becker, Cusqueña, Michelob Ultra, Busch, Pilsen, Ouro Fino, Banks, Deputy, Patricia, Labatt Blue, Alexander Keith's, and Kokanee brands. The company also provides bottled water, isotonic beverages, energy drinks, coconut water, powdered and natural juices, and ready-to-drink teas under the Guaraná Antarctica, Gatorade, H2OH!, Lipton Iced Tea, Fusion, Do Bem, Pepsi, Canada Dry, Squirt, Red Rock, Pepsi-Cola, Seven Up, Nutrl, Bud Light Seltzer, Palm Bay, and Mike's brands. It offers its products through a network of third-party distributors and a direct distribution system. The company was founded in 1885 and is headquartered in São Paulo, Brazil. Ambev S.A. is a subsidiary of Interbrew International B.V.

Contact Rua Dr. Renato Paes de Barros, 1017, São Paulo, SP, 04530-001 https://www.ambev.com.br

IPO Date March 5, 1997

Employees 43000

Officers Mr. Valdecir Duarte Industrial Vice President Officer & Member of Executive Board of Officers Ms. Daniela Gavranic Cachich Beyond Beer Vice President Officer & Member of Board of Executive Officer Mr. Jean Jereissati Neto Chief Executive Officer & Member of Executive Board Mr. Ricardo Morais Pereira de Melo Vice President Officer of People and Management & Member of Executive Board of Officers Mr. Paulo André Zagman Vice President Officer of Logistics & Member of Executive Board of Officers Mr. Lucas Machado Lira Member of Board of Executive Officers, Chief Financial & IR and Shared Services Officer Mr. Eduardo Braga Cavalcanti de Lacerda Vice President Officer of Commercial & Member of Executive Board of Officers Ms. Leticia Rudge Barbosa Kina Vice President Officer of Legal & Compliance, Member of Executive Board of Officers and Secretary Mr. Daniel Wakswaser Cordeiro Vice President Officer of Marketing & Member of Executive Board of Officers Mr. Eduardo Eiji Horai Vice President Officer of Information Technology & Member of Board of Executive Officers

Price Chart ABEV

Ambev S.A. ABEV

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