Ambev S.a
Ambev S.a (ABEV) is listed on NYSE and classified in Beverages - Brewers, part of the Consumer Defensive sector. It is headquartered in São Paulo, Brazil and has 39,000 employees. The company is worth $51.34B and trades at 17.5x its earnings of the last twelve months; the median for its sector is 18.2x. Revenue was R$88.24B in fiscal 2025, down 1.4% from the year before. Net income was R$15.5B. The share price is 3.5% below its 52-week high of $3.45. It pays a dividend yielding 0.69%. 6 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Renaissance Technologies, at $78.22M. In that quarter, 2 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in BRL, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +16.7% over 5Y.
today you would have $1,404.43▲ +40.4%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $2.47 | $1.85 | $2.80 | $2.72 | |
| EPS | R$0.93 | R$0.91 | R$0.92 | R$0.93 | |
| Dividend yield | 5.31% | 2.79% | 5.84% | 5.25% | 5.37% |
| Profit margin | 17.85% | 17.57% | 16.14% | 18.19% | 18.14% |
| ROE | 17.64% | 17.63% | 14.64% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Median P/E of 18.2 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Consumer Defensive, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CCEPCOCA-COLA EUROPACIFIC PARTNERS plc | $114.23 | 22.1x | 5.4x | 2.11% | 23.54% | $50.2B |
| DEODiageo PLC | $96.69 | 31.0x | 89.1x | 2.07% | 14.98% | $53.77B |
| KDPKeurig Dr Pepper Inc. | $35.19 | 34.8x | 1.9x | 2.61% | 5.10% | $47.89B |
| FMXMexican Economic Development Inc |
| 18.36% |
| 17.64% |
This company reports in BRL, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by BRL, so they are not shown; EPS is in BRL. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
2 methods answered, across 1 families.
Room for errors in the reported numbers.
-15.0% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| $129.03 |
| 9.1x |
| 3.8x |
| 3.54% |
| 14.75% |
| $43.96B |
| SYYSysco Corp | $83.97 | 22.9x | 15.1x | 2.62% | 77.69% | $41.31B |
| KRKroger Co | $67.87 | 37.7x | 6.9x | 2.30% | 14.44% | $40.08B |