Ambev SA
BOVESPA:ABEV3

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Ambev SA
BOVESPA:ABEV3
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Price: 12.68 BRL 2.34% Market Closed
Market Cap: 199.4B BRL
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Relative Value

The Relative Value of one ABEV3 stock under the Base Case scenario is 16.71 BRL. Compared to the current market price of 12.68 BRL, Ambev SA is Undervalued by 24%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

ABEV3 Relative Value
Base Case
16.71 BRL
Undervaluation 24%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
92
vs Industry
35
Median 3Y
2.7
Median 5Y
3
Industry
1.7
Forward
2.2
vs History
88
vs Industry
51
Median 3Y
15.1
Median 5Y
16.4
Industry
19.3
Forward
13.5
vs History
90
vs Industry
53
Median 3Y
10.1
Median 5Y
10.6
Industry
13.3
vs History
88
vs Industry
46
Median 3Y
17.7
Median 5Y
17.7
Industry
20.8
vs History
95
vs Industry
39
Median 3Y
2.6
Median 5Y
2.6
Industry
2.1
vs History
92
vs Industry
40
Median 3Y
2.6
Median 5Y
2.8
Industry
1.9
Forward
2.1
vs History
92
vs Industry
53
Median 3Y
5.2
Median 5Y
5.5
Industry
5.1
vs History
93
vs Industry
59
Median 3Y
8.4
Median 5Y
8.7
Industry
12
Forward
6.6
vs History
93
vs Industry
56
Median 3Y
11.2
Median 5Y
11.6
Industry
15.4
Forward
8.7
vs History
90
vs Industry
58
Median 3Y
9.4
Median 5Y
9.8
Industry
14.4
vs History
92
vs Industry
47
Median 3Y
14.1
Median 5Y
14.5
Industry
19.3
vs History
93
vs Industry
38
Median 3Y
2.1
Median 5Y
2.1
Industry
1.7

Multiples Across Competitors

ABEV3 Competitors Multiples
Ambev SA Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
BR
Ambev SA
BOVESPA:ABEV3
199.4B BRL 2.5 13.9 7.1 9.5
BE
Anheuser-Busch Inbev SA
MIL:ABI
114B EUR 2 24.8 9.1 12.4
BE
Anheuser Busch Inbev SA
XETRA:1NBA
103.7B EUR 1.8 16.6 8.5 11.7
NL
Heineken NV
AEX:HEIA
39.9B EUR 1.3 37.9 7.2 12.9
NL
Heineken Holding NV
AEX:HEIO
17.2B EUR 0.6 31.9 4.8 9.7
JP
Asahi Group Holdings Ltd
TSE:2502
2.4T JPY 0.8 14 8.7 14.1
DK
Carlsberg A/S
CSE:CARL B
97.8B DKK 1.3 -2.4 8 11.1
CN
Tsingtao Brewery Co Ltd
SSE:600600
95B CNY 2.9 21.2 13.5 13.5
US
Molson Coors Beverage Co
NYSE:TAP
12.5B USD 1.1 13.3 7.2 9.9
HK
Budweiser Brewing Company APAC Ltd
HKEX:1876
96.8B HKD 1.9 15.2 4.4 7.8
CA
Molson Coors Canada Inc
OTC:MXGBF
11.8B USD 0 0 0 0

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