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Ambev S.A.

ABEV

(2.8)
Stock Price

2,39 USD

16.1% ROA

16.15% ROE

14.95x PER

Market Cap.

213.414.468.457,06 USD

4.12% DER

5.26% Yield

17.12% NPM

Ambev S.A. Stock Analysis

Ambev S.A. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Ambev S.A. Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (16.69%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a low debt to equity ratio (4%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

5 PBV

The stock's PBV ratio (2.37x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

7 Buffet Intrinsic Value

The company's stock shows potential as it is undervalued (80) according to Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Ambev S.A. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Ambev S.A. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Ambev S.A. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Ambev S.A. Revenue
Year Revenue Growth
1997 2.870.798.400
1998 3.172.491.560 9.51%
1999 3.248.302.512 2.33%
2000 5.249.838.989 38.13%
2001 6.525.470.249 19.55%
2002 7.325.292.889 10.92%
2003 8.683.800.000 15.64%
2004 12.006.800.000 27.68%
2005 15.948.637.832 24.72%
2006 17.571.136.793 9.23%
2007 19.648.200.000 10.57%
2008 20.713.200.000 5.14%
2009 23.194.048.000 10.7%
2010 25.233.300.000 8.08%
2011 27.126.700.000 6.98%
2012 32.231.000.000 15.84%
2013 34.791.400.000 7.36%
2014 38.079.800.000 8.64%
2015 46.720.200.000 18.49%
2016 45.602.600.000 -2.45%
2017 47.899.300.000 4.79%
2018 50.231.300.000 4.64%
2019 52.599.700.000 4.5%
2020 58.379.000.000 9.9%
2021 72.854.300.000 19.87%
2022 79.708.800.000 8.6%
2023 82.350.400.000 3.21%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Ambev S.A. Research and Development Expenses
Year Research and Development Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Ambev S.A. General and Administrative Expenses
Year General and Administrative Expenses Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 417.900.000 100%
2004 617.900.000 32.37%
2005 0 0%
2006 771.200.000 100%
2007 801.400.000 3.77%
2008 1.037.000.000 22.72%
2009 1.478.043.000 29.84%
2010 1.196.900.000 -23.49%
2011 1.180.600.000 -1.38%
2012 1.546.500.000 23.66%
2013 1.736.500.000 10.94%
2014 1.820.000.000 4.59%
2015 2.281.300.000 20.22%
2016 2.166.100.000 -5.32%
2017 2.623.800.000 17.44%
2018 2.367.200.000 -10.84%
2019 2.680.000.000 11.67%
2020 2.948.500.000 9.11%
2021 4.877.400.000 39.55%
2022 5.236.800.000 6.86%
2023 5.257.200.000 0.39%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Ambev S.A. EBITDA
Year EBITDA Growth
1997 496.620.000
1998 498.865.780 0.45%
1999 604.687.643 17.5%
2000 520.840.968 -16.1%
2001 1.596.509.259 67.38%
2002 2.127.198.192 24.95%
2003 3.865.800.000 44.97%
2004 4.494.200.000 13.98%
2005 5.938.194.794 24.32%
2006 6.395.510.378 7.15%
2007 10.134.900.000 36.9%
2008 9.435.500.000 -7.41%
2009 10.921.433.000 13.61%
2010 11.790.700.000 7.37%
2011 11.686.300.000 -0.89%
2012 15.549.500.000 24.84%
2013 17.244.500.000 9.83%
2014 18.194.300.000 5.22%
2015 20.433.000.000 10.96%
2016 18.772.900.000 -8.84%
2017 17.306.800.000 -8.47%
2018 20.457.700.000 15.4%
2019 21.390.900.000 4.36%
2020 22.802.500.000 6.19%
2021 22.866.700.000 0.28%
2022 26.351.600.000 13.22%
2023 23.562.800.000 -11.84%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Ambev S.A. Gross Profit
Year Gross Profit Growth
1997 1.164.434.400
1998 1.361.641.400 14.48%
1999 1.343.233.233 -1.37%
2000 2.406.365.099 44.18%
2001 3.159.305.688 23.83%
2002 3.983.596.614 20.69%
2003 4.639.600.000 14.14%
2004 7.226.300.000 35.8%
2005 10.209.923.569 29.22%
2006 11.636.811.528 12.26%
2007 13.102.200.000 11.18%
2008 13.495.500.000 2.91%
2009 15.462.099.000 12.72%
2010 16.784.300.000 7.88%
2011 18.333.400.000 8.45%
2012 21.939.500.000 16.44%
2013 23.393.600.000 6.22%
2014 25.265.200.000 7.41%
2015 30.658.800.000 17.59%
2016 28.924.600.000 -6%
2017 29.857.500.000 3.12%
2018 30.961.700.000 3.57%
2019 30.921.500.000 -0.13%
2020 31.312.900.000 1.25%
2021 37.194.600.000 15.81%
2022 39.286.700.000 5.33%
2023 39.758.000.000 1.19%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Ambev S.A. Net Profit
Year Net Profit Growth
1997 468.831.600
1998 330.805.160 -41.72%
1999 322.298.120 -2.64%
2000 470.136.028 31.45%
2001 784.554.221 40.08%
2002 1.510.299.601 48.05%
2003 1.411.600.000 -6.99%
2004 1.161.500.000 -21.53%
2005 1.544.735.984 24.81%
2006 2.799.518.278 44.82%
2007 2.816.400.000 0.6%
2008 5.119.100.000 44.98%
2009 5.986.050.000 14.48%
2010 7.561.400.000 20.83%
2011 8.641.000.000 12.49%
2012 10.508.100.000 17.77%
2013 9.535.000.000 -10.21%
2014 12.065.500.000 20.97%
2015 12.423.800.000 2.88%
2016 12.546.600.000 0.98%
2017 7.332.000.000 -71.12%
2018 11.024.700.000 33.49%
2019 11.780.000.000 6.41%
2020 11.379.400.000 -3.52%
2021 12.671.000.000 10.19%
2022 14.457.900.000 12.36%
2023 12.434.400.000 -16.27%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Ambev S.A. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2001 0 0%
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 0%
2014 1 0%
2015 1 0%
2016 1 0%
2017 0 0%
2018 1 0%
2019 1 0%
2020 1 0%
2021 1 0%
2022 1 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Ambev S.A. Free Cashflow
Year Free Cashflow Growth
2000 470.136.028
2001 1.034.656.641 54.56%
2002 2.220.798.112 53.41%
2003 1.665.400.000 -33.35%
2004 2.144.900.000 22.36%
2005 2.778.364.906 22.8%
2006 4.548.581.983 38.92%
2007 6.287.700.000 27.66%
2008 5.075.300.000 -23.89%
2009 7.258.219.000 30.08%
2010 7.776.000.000 6.66%
2011 9.406.600.000 17.33%
2012 11.114.500.000 15.37%
2013 15.854.000.000 29.89%
2014 11.402.600.000 -39.04%
2015 18.319.600.000 37.76%
2016 8.211.800.000 -123.09%
2017 14.670.500.000 44.03%
2018 14.340.200.000 -2.3%
2019 13.311.900.000 -7.72%
2020 14.163.100.000 6.01%
2021 15.223.900.000 6.97%
2022 14.109.100.000 -7.9%
2023 6.640.300.000 -112.48%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Ambev S.A. Operating Cashflow
Year Operating Cashflow Growth
2000 470.136.028
2001 1.481.478.773 68.27%
2002 2.743.098.553 45.99%
2003 2.527.600.000 -8.53%
2004 3.418.600.000 26.06%
2005 4.147.009.955 17.56%
2006 5.970.835.798 30.55%
2007 7.918.600.000 24.6%
2008 7.032.600.000 -12.6%
2009 8.697.048.000 19.14%
2010 10.062.800.000 13.57%
2011 12.606.800.000 20.18%
2012 14.128.600.000 10.77%
2013 19.654.800.000 28.12%
2014 15.895.700.000 -23.65%
2015 23.580.800.000 32.59%
2016 12.344.500.000 -91.02%
2017 17.874.100.000 30.94%
2018 17.911.200.000 0.21%
2019 18.381.300.000 2.56%
2020 18.855.800.000 2.52%
2021 22.901.000.000 17.66%
2022 20.642.200.000 -10.94%
2023 7.923.000.000 -160.54%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Ambev S.A. Capital Expenditure
Year Capital Expenditure Growth
2000 0
2001 446.822.132 100%
2002 522.300.441 14.45%
2003 862.200.000 39.42%
2004 1.273.700.000 32.31%
2005 1.368.645.049 6.94%
2006 1.422.253.815 3.77%
2007 1.630.900.000 12.79%
2008 1.957.300.000 16.68%
2009 1.438.829.000 -36.03%
2010 2.286.800.000 37.08%
2011 3.200.200.000 28.54%
2012 3.014.100.000 -6.17%
2013 3.800.800.000 20.7%
2014 4.493.100.000 15.41%
2015 5.261.200.000 14.6%
2016 4.132.700.000 -27.31%
2017 3.203.600.000 -29%
2018 3.571.000.000 10.29%
2019 5.069.400.000 29.56%
2020 4.692.700.000 -8.03%
2021 7.677.100.000 38.87%
2022 6.533.100.000 -17.51%
2023 1.282.700.000 -409.32%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Ambev S.A. Equity
Year Equity Growth
1997 1.557.266.400
1998 1.436.066.520 -8.44%
1999 1.606.388.918 10.6%
2000 3.076.647.586 47.79%
2001 3.363.377.801 8.53%
2002 4.129.596.490 18.55%
2003 4.308.200.000 4.15%
2004 16.995.900.000 74.65%
2005 19.854.896.308 14.4%
2006 19.221.538.253 -3.3%
2007 17.419.900.000 -10.34%
2008 20.787.500.000 16.2%
2009 22.017.450.000 5.59%
2010 24.361.800.000 9.62%
2011 25.611.300.000 4.88%
2012 28.863.700.000 11.27%
2013 42.838.800.000 32.62%
2014 42.221.600.000 -1.46%
2015 48.331.900.000 12.64%
2016 44.825.000.000 -7.82%
2017 46.008.800.000 2.57%
2018 57.547.400.000 20.05%
2019 62.556.000.000 8.01%
2020 75.151.100.000 16.76%
2021 84.017.600.000 10.55%
2022 83.327.800.000 -0.83%
2023 91.561.200.000 8.99%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Ambev S.A. Assets
Year Assets Growth
1997 4.630.060.800
1998 4.694.219.460 1.37%
1999 5.425.908.739 13.49%
2000 8.638.819.954 37.19%
2001 11.028.616.634 21.67%
2002 12.381.391.246 10.93%
2003 14.830.100.000 16.51%
2004 33.016.500.000 55.08%
2005 33.471.890.181 1.36%
2006 35.558.964.085 5.87%
2007 35.475.800.000 -0.23%
2008 41.813.000.000 15.16%
2009 40.101.017.000 -4.27%
2010 42.678.300.000 6.04%
2011 46.139.400.000 7.5%
2012 54.159.900.000 14.81%
2013 68.674.000.000 21.13%
2014 72.143.200.000 4.81%
2015 90.176.300.000 20%
2016 83.841.400.000 -7.56%
2017 86.851.900.000 3.47%
2018 94.126.100.000 7.73%
2019 101.742.900.000 7.49%
2020 125.196.600.000 18.73%
2021 138.602.500.000 9.67%
2022 137.958.100.000 -0.47%
2023 137.914.200.000 -0.03%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Ambev S.A. Liabilities
Year Liabilities Growth
1997 3.010.521.600
1998 3.207.408.540 6.14%
1999 3.761.800.316 14.74%
2000 5.049.745.177 25.51%
2001 7.576.313.321 33.35%
2002 8.172.594.823 7.3%
2003 10.325.500.000 20.85%
2004 15.822.300.000 34.74%
2005 13.494.469.943 -17.25%
2006 16.115.264.115 16.26%
2007 17.868.600.000 9.81%
2008 20.801.400.000 14.1%
2009 17.804.906.000 -16.83%
2010 18.113.500.000 1.7%
2011 20.310.600.000 10.82%
2012 24.236.100.000 16.2%
2013 24.676.600.000 1.79%
2014 28.498.500.000 13.41%
2015 39.842.600.000 28.47%
2016 37.190.200.000 -7.13%
2017 86.851.900.000 57.18%
2018 36.578.700.000 -137.44%
2019 39.186.900.000 6.66%
2020 50.045.500.000 21.7%
2021 54.584.900.000 8.32%
2022 54.630.300.000 0.08%
2023 46.353.000.000 -17.86%

Ambev S.A. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
5.25
Net Income per Share
0.91
Price to Earning Ratio
14.95x
Price To Sales Ratio
2.58x
POCF Ratio
9.45
PFCF Ratio
12.7
Price to Book Ratio
2.36
EV to Sales
2.41
EV Over EBITDA
7.85
EV to Operating CashFlow
8.85
EV to FreeCashFlow
11.88
Earnings Yield
0.07
FreeCashFlow Yield
0.08
Market Cap
213,41 Bil.
Enterprise Value
199,72 Bil.
Graham Number
10.82
Graham NetNet
-1.12

Income Statement Metrics

Net Income per Share
0.91
Income Quality
1.45
ROE
0.17
Return On Assets
0.1
Return On Capital Employed
0.19
Net Income per EBT
0.98
EBT Per Ebit
0.8
Ebit per Revenue
0.22
Effective Tax Rate
-0.03

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.49
Operating Profit Margin
0.22
Pretax Profit Margin
0.17
Net Profit Margin
0.17

Dividends

Dividend Yield
0.05
Dividend Yield %
5.26
Payout Ratio
0.86
Dividend Per Share
0.15

Operating Metrics

Operating Cashflow per Share
1.43
Free CashFlow per Share
1.07
Capex to Operating CashFlow
-0.26
Capex to Revenue
-0.07
Capex to Depreciation
-0.88
Return on Invested Capital
0.21
Return on Tangible Assets
0.16
Days Sales Outstanding
33.82
Days Payables Outstanding
160.66
Days of Inventory on Hand
95.38
Receivables Turnover
10.79
Payables Turnover
2.27
Inventory Turnover
3.83
Capex per Share
-0.37

Balance Sheet

Cash per Share
1,12
Book Value per Share
5,73
Tangible Book Value per Share
2.69
Shareholders Equity per Share
5.73
Interest Debt per Share
0.4
Debt to Equity
0.04
Debt to Assets
0.03
Net Debt to EBITDA
-0.54
Current Ratio
1.11
Tangible Asset Value
42,33 Bil.
Net Current Asset Value
-8,80 Bil.
Invested Capital
0.04
Working Capital
3,71 Bil.
Intangibles to Total Assets
0.36
Average Receivables
7,97 Bil.
Average Payables
18,40 Bil.
Average Inventory
11436950000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Ambev S.A. Dividends
Year Dividends Growth
1997 0
1998 0 0%
1999 0 0%
2000 0 0%
2003 1 0%
2004 0 0%
2005 1 0%
2006 1 0%
2007 2 100%
2008 3 50%
2009 3 0%
2010 4 50%
2011 1 0%
2012 1 100%
2013 1 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%

Ambev S.A. Profile

About Ambev S.A.

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.

CEO
Mr. Jean Jereissati Neto
Employee
43.000
Address
Rua Dr. Renato Paes de Barros, 1017
São Paulo, 04530-001

Ambev S.A. Executives & BODs

Ambev S.A. Executives & BODs
# Name Age
1 Paula Guz
Director of Marketing Transformation
70
2 Guilherme Yokaichiya
Investor Relations Officer
70
3 Stella Pescaroli Lopes
Draftline Media & Data Director
70
4 Mr. Ricardo Morais Pereira de Melo
Vice President Officer of People and Management & Member of Executive Board of Officers
70
5 Mr. Jean Jereissati Neto
Chief Executive Officer & Member of Executive Board
70
6 Mr. Lucas Machado Lira
Member of Board of Executive Officers, Chief Financial & IR and Shared Services Officer
70
7 Mr. Eduardo Braga Cavalcanti de Lacerda
Vice President Officer of Commercial & Member of Executive Board of Officers
70

Ambev S.A. Competitors