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Company price
2.79 USD 0.00(0%)
Last update at 2026-11-06T21:00:00Z
VOLUME
20495615
Market Cap
46557.79M
P/E
15.10

Momentum Score

…

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. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

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Day Price Range
2.77
Low
2.82
High
52 Week Price Range
1.98
Low
3.44
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Ambev S.A. is a leading Brazilian brewer and beverage company that produces and distributes beer, soft drinks and other drinks across Brazil and several Latin American markets. Long-term growth could be supported by scale, premiumization, expansion of non-alcoholic and ready-to-drink categories, and pricing and distribution strength that may support steady cash generation.

Key risks include Brazilian macroeconomic and currency volatility, swings in commodity and packaging costs, regulatory or tax changes, and competitive pressure that could hurt volumes and margins.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
2.79
Dividend Yield
5.28%
Revenue TTM
88268.29M
Revenue Per Share
5.66
Gross Profit TTM
45813.97M
Debt / Equity
0.06
ROE
18.40%
Net Debt
-13288.64M
ROCE
19.14%
Diluted EPS TTM
0.20

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 19421.70M 19487.30M 15035.90M 14235.70M 13759.20M
Minority interest -485.00M -409.70M -434.20M -433.30M -451.60M
Net income 15503.40M 14437.20M 14501.90M 14457.90M 12671.00M
Selling general administrative 5862.92M 6201.10M 5273.70M 5236.80M 4877.40M
Selling and marketing expenses 19276.99M 20191.30M 18163.10M 18732.70M 16968.20M
Gross profit 45378.34M 45837.60M 40445.30M 39286.70M 37194.60M
Reconciled depreciation 6832.10M 7126.40M 6415.20M 5956.30M 5396.70M
Ebit 19623.03M 21885.50M 17851.60M 17687.90M 17080.20M
Ebitda 26318.74M 29011.90M 24269.50M 26351.60M 22866.70M
Depreciation and amortization 6695.71M 7126.40M 6417.90M 8663.70M 5786.50M
Operating income 23317.70M 21801.70M 18831.00M 17687.90M 17080.20M
Other operating expenses 64924.87M 67651.00M 60905.90M 61966.40M 55447.20M
Interest expense 949.10M 2398.20M 578.43M 2328.30M 1431.80M
Tax provision 3433.30M 4640.40M 75.50M -655.60M 636.60M
Interest income 1403.40M 1623.90M 2204.80M 2167.70M 1101.50M
Net interest income -512.10M -598.80M -778.50M 353.80M -114.20M
Income tax expense 3433.22M 4640.40M 75.50M -655.60M 636.60M
Total revenue 88242.47M 89452.70M 79736.90M 79708.80M 72854.30M
Total operating expenses 22060.74M 24035.90M 21614.30M 21544.30M 19787.50M
Cost of revenue 42864.13M 43615.10M 39291.60M 40422.10M 35659.70M
Total other income expense net -3896.00M -2314.40M -3795.10M -3452.20M -3321.00M
Net income from continuing ops 15988.40M 14846.90M 15515.32M 14891.30M 13122.60M
Net income applicable to common shares - - - 14457.94M 12670.97M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 148112.68M 162507.95M 132644.13M 137958.10M 138602.50M
Intangible assets 11042.70M 12530.71M 10041.73M 9222.20M 8689.00M
Other current assets 2807.43M 2776.08M 4866.37M 1037.90M 1082.90M
Total liab 59337.90M 62927.80M 52500.33M 54630.30M 54584.90M
Total stockholder equity 87914.04M 98642.10M 78969.29M 81955.60M 82643.00M
Other current liab 21835.89M 15299.40M 15171.20M 15155.10M 2827.80M
Common stock 58275.08M 58226.00M 58177.93M 58130.50M 58042.50M
Capital stock 58275.10M 58226.00M 58177.90M 58130.50M 58042.50M
Retained earnings 18036.34M 53637.02M 43189.84M 36906.90M 31191.64M
Other liab - - - 11301.58M 13465.05M
Good will 41538.39M 44342.67M 38003.64M 40594.00M 42411.30M
Other assets - - -2494.61M 19718.40M 0.10M
Cash 18638.23M 28595.70M 16059.00M 14926.40M 16627.70M
Total current liabilities 45599.31M 49389.20M 41004.90M 40540.50M 38866.40M
Current deferred revenue - 0.03M 0.01M - 10113.60M
Net debt -13288.64M -25143.00M -12557.90M -11081.40M -13527.20M
Short term debt 1167.33M 1276.36M 1298.10M 1056.90M 847.10M
Short long term debt 154.30M 163.60M 151.20M 1056.90M 847.10M
Short long term debt total 5349.59M 3452.70M 3501.10M 3845.00M 3100.50M
Other stockholder equity -2947.61M -68557.30M -26802.50M -65671.09M -61778.30M
Property plant equipment - - - 30055.69M 29224.26M
Total current assets 43875.60M 54155.78M 36563.05M 37816.70M 38627.10M
Long term investments 609.10M 579.90M 531.30M 551.00M 498.10M
Net tangible assets - - - 32139.35M 31542.76M
Short term investments 1681.69M 1242.00M 277.20M 454.50M 1914.60M
Net receivables 10228.16M 9852.20M 5741.46M 8202.60M 7404.20M
Long term debt 256.90M 324.00M 391.00M 2788.10M 2253.40M
Inventory 10520.09M 11689.80M 9619.02M 12923.00M 11000.30M
Accounts payable 22596.09M 25223.50M 23195.10M 24328.50M 25077.90M
Accumulated other comprehensive income 14550.23M 108973.40M 4404.02M 23825.10M 24600.50M
Non currrent assets other 11318.73M 20728.63M 20874.17M 13279.70M 14424.90M
Non current assets total 104237.09M 108352.16M 96081.08M 100141.40M 99975.30M
Capital lease obligations 2975.70M 2965.10M 2958.90M 3117.40M 2639.30M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -441.50M -5463.40M -5766.00M -5004.10M -241.27M
Change to liabilities - - - 726.62M 6157.50M
Total cashflows from investing activities -4950.18M -5463.40M - -5004.14M -7734.88M
Net borrowings -1278.70M -1446.30M - -810.10M -2801.93M
Total cash from financing activities -26771.52M -10351.99M -16115.20M -16337.90M -16041.80M
Net income 15503.40M 14846.90M 14501.94M 14891.30M 13122.60M
Change in cash -9957.44M 12536.66M 1206.90M -1745.10M -493.10M
Begin period cash flow 28595.67M 16059.00M 14852.10M 16597.20M 17090.30M
End period cash flow 18638.23M 28595.67M 16059.00M 14852.10M 16597.20M
Total cash from operating activities 24450.28M 26099.03M 24711.40M 20642.20M 22901.00M
Issuance of capital stock - 17.50M 14.50M 23.80M 3.42M
Depreciation 6829.87M 7126.40M 6415.20M 5956.30M 5396.70M
Other cashflows from investing activities 6.15M 164.00M - 15.00M 15.01M
Dividends paid 20463.51M 4056.38M 11921.95M 12242.30M 11115.30M
Change to inventory -30.90M -1702.55M 1300.77M -3088.00M -3499.50M
Change to account receivables -312.89M 220.44M -1373.88M -322.51M 341.43M
Sale purchase of stock -1925.65M -467.60M -118.99M -54.10M -44.20M
Other cashflows from financing activities -3103.64M -4399.22M -2731.01M -2980.40M -2080.30M
Change to netincome - - - 2911.87M 1833.84M
Capital expenditures 4590.47M 4749.10M 6004.10M 6533.10M 7677.10M
Change in working capital -1616.01M -165.00M -296.10M -2683.90M 2999.40M
Stock based compensation 454.20M 400.90M 331.62M 313.90M 387.60M
Other non cash items 4304.06M -1024.96M 3504.94M 2820.20M 358.10M
Free cash flow 19859.81M 21349.93M 18707.30M 14109.10M 15223.90M

Peer Comparison*

Sector: Consumer Defensive Industry: Beverages - Brewers

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ABEV
Ambev SA ADR
-
-%
2.79 15.10 13.33 0.53 2.70 2.60 7.74
BUD
Anheuser Busch Inbev NV ADR
-1.24
1.46%
83.96 21.47 17.61 2.39 1.67 3.49 9.94
BUDFF
Anheuser-Busch InBev SA/NV
-
-%
84.01 21.54 17.39 2.39 1.65 3.49 9.94
HINKF
Heineken N.V
-
-%
94.39 20.24 16.16 1.92 2.69 2.58 12.55
HEINY
Heineken NV
-0.54
1.15%
46.34 17.57 13.18 1.56 2.09 1.96 8.74

Profile*

Ambev SA ADR

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. The company was founded in 1853 and is headquartered in São Paulo, Brazil. Ambev S.A. operates as a subsidiary of Interbrew International B.V.

Rua Dr. Renato Paes de Barros, 1017, São Paulo, SP, Brazil, 04530-001

55 80 0725 8000

39000

Name Title Year Born
Mr. Jean Jereissati Neto CEO & Member of Exec. Board 1974
Mr. Lucas Machado Lira Member of Board of Exec. Officers, Chief Financial & IR and Shared Services Officer 1977
Mr. Eduardo Braga Cavalcanti de Lacerda VP Officer of Commercial & Member of Exec. Board of Officers 1977
Mr. Ricardo Morais Pereira de Melo VP Officer of People and Management & Member of Exec. Board of Officers 1972
Mr. Rodrigo Figueiredo de Souza VP Officer of Procurement & Member of Exec. Board of Officers 1976
Mr. Daniel Cocenzo VP Officer of Sales & Member of Exec. Board of Officers 1975
Ms. Leticia Rudge Barbosa Kina VP Officer of Legal & Compliance, Member of Exec. Board of Officers and Sec. 1977
Mr. Paulo André Zagman VP Officer of Logistics & Member of Exec. Board of Officers 1977
Mr. Eduardo Eiji Horai VP Officer of Information Technology & Member of Board of Exec. Officers 1986
Mr. Daniel Wakswaser Cordeiro VP Officer of Marketing & Member of Exec. Board of Officers 1985

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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