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ABEV - Ambev S.A.

NYSE -> Consumer Defensive -> Beverages—Brewers
São Paulo, Brazil
Type: Equity

ABEV price evolution
ABEV
(in millions $) 31 Jan 2024 3 Aug 2023 30 Jul 2023 17 Mar 2023
Current assets
Cash $7085.41 $13408.21 $5152.53 $15242.4
Short term investments $1690.04 $1298.4
Net receivables $9177.15 $8922.41 $8271.78 $8128.74
Inventory $9619.02 $13003.18 $12055.02 $12806.64
Total current assets $36563.05 $37023.84 $34324.09 $37476.18
Long term investments $106754.52 $99239.59
Property, plant & equipment $26630.16 $31588.17 $29284.78 $29785.07
Goodwill & intangible assets
Total noncurrent assets
Total investments
Total assets $132644.13 $143778.35 $133294.42 $136715.77
Current liabilities
Accounts payable $23195.1 $20041.4 $18579.96 $24109.44
Deferred revenue
Short long term debt $1536.33 $1047.38
Total current liabilities $41004.9 $36805.62 $34121.76 $40175.36
Long term debt $2202.97 $2882.06 $2671.86 $2762.99
Total noncurrent liabilities
Total debt
Total liabilities $53674.84 $52012.6 $48219.81 $55498.13
Shareholders' equity
Retained earnings $46018.54 $9419.24 $47804.04 $43977.14
Other shareholder equity -$77878.04 -$74107.56 -$73514.82 -$69752.94
Total shareholder equity $91766.08 $81217.64
(in millions $) 31 Jan 2024 31 Jan 2023 30 Dec 2021 30 Dec 2020
Current assets
Cash $7085.41 $6271.12 $16627.7 $17090.33
Short term investments $1298.4
Net receivables $9177.15 $8202.58 $7404.31 $7590.28
Inventory $9619.02 $12923.02 $11000.35 $7605.9
Total current assets $36563.05 $37816.71 $38627.14 $35342.61
Long term investments $99239.59 $498.06 $551.33
Property, plant & equipment $26630.16 $30055.69 $29224.26 $24768.35
Goodwill & intangible assets
Total noncurrent assets $17431.68
Total investments
Total assets $132644.13 $137958.08 $138602.48 $125196.58
Current liabilities
Accounts payable $23195.1 $23498.1 $25077.91 $19339.22
Deferred revenue
Short long term debt $1047.38 $194.08 $2332.77
Total current liabilities $41004.9 $40540.54 $38866.41 $33477.96
Long term debt $2202.97 $2788.14 $267.14 $338.39
Total noncurrent liabilities $3214.06
Total debt $922.75
Total liabilities $53674.84 $56002.45 $54584.87 $50045.46
Shareholders' equity
Retained earnings $46018.54 $38949.72 $31191.64 $25920.06
Other shareholder equity -$77878.04 -$67713.91 -$59216.17 -$62724.68
Total shareholder equity $81217.64 $82643.03 $73815.63
(in millions $) 31 Jan 2024 3 Aug 2023 30 Jul 2023 17 Mar 2023
Revenue
Total revenue $19989.23 $20384.52 $18898.11 $22881.76
Cost of revenue $10393.48 $11334.65
Gross Profit $10687.97 $9991.03 $9262.5 $11547.11
Operating activities
Research & development
Selling, general & administrative $3673.9 $3569.52
Total operating expenses $5052.15 $16962.59 $5691.24 $18199
Operating income $3421.92 $4682.75
Income from continuing operations
EBIT $3849.5 $4107.92
Income tax expense $198.22 -$243.56 -$225.83 -$985.98
Interest expense -$300.21 -$921.36
Net income
Net income $4387.65 $2699.87 $2502.97 $4646.27
Income (for common shares) $2699.87 $4646.27
(in millions $) 31 Jan 2024 17 Mar 2023 30 Dec 2021 30 Dec 2020
Revenue
Total revenue $79736.86 $78991.07 $72854.34 $58379
Cost of revenue $40058.12 $35659.74 $27066.1
Gross Profit $40445.29 $38932.95 $37194.6 $31312.9
Operating activities
Research & development
Selling, general & administrative $12460.98 $21961.21 $17685.27
Total operating expenses $21407.83 $63917.14 $55562.99 $44599.24
Operating income $15073.94 $17291.35 $13779.76
Income from continuing operations
EBIT $16548.93 $17291.35 $13779.76
Income tax expense $75.48 -$649.7 $636.58 $1762.53
Interest expense -$3241.9 -$1431.77 -$1786.6
Net income
Net income $14501.94 $14327.72 $12670.97 $11379.39
Income (for common shares) $14327.72 $12670.97 $11379.39
(in millions $) 31 Jan 2024 3 Aug 2023 30 Jul 2023 17 Mar 2023
Net income $2699.87 $4646.27
Operating activities
Depreciation $1914.9 $1705.94
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $3655.34 $11884.88
Investing activities
Capital expenditures -$1455.66 -$2109.06
Investments
Total cash flows from investing -$5765.98 -$1368.54 -$2299.1 -$1165.68
Financing activities
Dividends paid -$11921.95 -$166.79
Sale and purchase of stock
Net borrowings -$10679.86 -$12730.43
Total cash flows from financing -$16115.21 -$1891.9 -$2722.9 -$12640.75
Effect of exchange rate -$1623.33 -$656.47
Change in cash and equivalents $1206.91 $13408.21 -$2839.03 $15242.4
(in millions $) 31 Jan 2024 17 Mar 2023 30 Dec 2021 30 Dec 2020
Net income $14327.72 $12670.97 $11379.39
Operating activities
Depreciation $5902.67 $5096.95 $4920.02
Business acquisitions & disposals
Stock-based compensation
Total cash flows from operations $20456.23 $22900.95 $18855.78
Investing activities
Capital expenditures -$6474.27 -$7677.11 -$4692.69
Investments -$241.27 -$1783.38
Total cash flows from investing -$5765.98 -$4959.14 -$7734.88 -$6799.57
Financing activities
Dividends paid -$11921.95 -$11115.25 -$6850.27
Sale and purchase of stock
Net borrowings -$12730.43 -$2801.93 $1226.5
Total cash flows from financing -$16115.21 -$16190.69 -$16041.82 -$8602
Effect of exchange rate -$1623.33 $382.6 $1735.48
Change in cash and equivalents $1206.91 -$2192.32 -$493.15 $5189.69
Fundamentals
Market cap $38.87B
Enterprise value N/A
Shares outstanding 15.68B
Revenue $82.15B
EBITDA N/A
EBIT N/A
Net Income $14.24B
Revenue Q/Q -11.91%
Revenue Y/Y N/A
P/E ratio 2.73
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio 0.47
P/B ratio N/A
Book/Share N/A
Cash/Share 0.45
EPS $0.91
ROA 10.42%
ROE N/A
Debt/Equity N/A
Net debt/EBITDA N/A
Current ratio 0.89
Quick ratio 0.66