Ambev S.A. (BCBA:ABEV)

Ambev Ratios and Metrics

Market cap in millions ARS. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	67,092,942	56,947,378	30,780,389	36,007,858	7,658,010	4,473,402
Market Cap Growth	113.02%	85.01%	-14.52%	370.20%	71.19%	12.20%
Enterprise Value	62,752,850	52,666,992	27,977,378	33,905,853	7,179,999	4,190,160
Last Close Price	13450.00	11280.00	6166.73	7273.32	2448.47	1425.51
PE Ratio	16.42	13.94	12.79	14.90	15.81	19.16
PS Ratio	2.89	2.45	2.06	2.71	2.87	3.33
PB Ratio	2.87	2.43	1.85	2.70	2.74	2.89
P/TBV Ratio	7.21	6.12	4.42	6.99	7.11	7.70
P/FCF Ratio	12.82	10.88	8.65	11.55	16.20	15.94
P/OCF Ratio	10.41	8.84	7.08	8.74	11.07	10.60
EV/Sales Ratio	2.63	2.27	1.88	2.55	2.69	3.12
EV/EBITDA Ratio	8.13	7.34	6.28	8.68	9.59	10.64
EV/EBIT Ratio	10.29	8.89	7.75	10.80	12.15	13.15
EV/FCF Ratio	11.99	10.06	7.86	10.88	15.19	14.93
Debt / Equity Ratio	0.04	0.04	0.04	0.04	0.05	0.04
Debt / EBITDA Ratio	0.12	0.12	0.12	0.14	0.17	0.14
Debt / FCF Ratio	0.17	0.17	0.16	0.19	0.27	0.21
Net Debt / Equity Ratio	-0.19	-0.19	-0.26	-0.16	-0.14	-0.18
Net Debt / EBITDA Ratio	-0.62	-0.62	-0.99	-0.55	-0.52	-0.72
Net Debt / FCF Ratio	-0.85	-0.85	-1.24	-0.69	-0.82	-1.01
Asset Turnover	0.57	0.57	0.61	0.59	0.58	0.55
Inventory Turnover	3.86	3.86	4.09	3.49	3.38	3.83
Quick Ratio	0.66	0.66	0.80	0.62	0.58	0.67
Current Ratio	0.96	0.96	1.10	0.89	0.93	0.99
Return on Equity (ROE)	16.98%	16.98%	16.52%	18.30%	17.80%	16.49%
Return on Assets (ROA)	9.14%	9.14%	9.18%	8.70%	7.97%	8.19%
Return on Invested Capital (ROIC)	25.07%	25.52%	23.50%	26.95%	25.12%	25.42%
Return on Capital Employed (ROCE)	22.60%	22.60%	19.20%	20.60%	18.10%	17.30%
Earnings Yield	6.09%	7.17%	7.82%	6.71%	6.33%	5.22%
FCF Yield	7.80%	9.19%	11.56%	8.66%	6.17%	6.27%
Dividend Yield	5.77%	3.41%	1.80%	1.67%	1.04%	0.78%
Payout Ratio	131.99%	131.99%	28.10%	82.21%	84.67%	87.72%
Buyback Yield / Dilution	0.83%	0.83%	0.15%	0.06%	0.06%	0.06%
Total Shareholder Return	6.60%	4.23%	1.96%	1.74%	1.10%	0.84%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.