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41.63 (1y: +13%)
Market Cap 131 B P/E(ttm) 25.40
Enterprise Value 134.1 B P/B
ABV- NYSE (USA)
Companhia de Bebidas das Americas Ambev
  • Currently 4/5
Business Predictability Rank: 4-Star
Back Testing Results:
Average gain of all 4-Star stocks: 9.8% per year.
% of Stocks that are in still loss if held for 10yrs: 8%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$41.63
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GuruFocus Financial Strength Rank measures how strong a companyÂ’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry		 vs
history
Cash to Debt No Debt
ABV's Cash to Debt is ranked lower than
53% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.87 vs. ABV: No Debt )
ABV' s 10-Year Cash to Debt Range
Min: 0.15   Max: No Debt
Current: No Debt
Interest Coverage 19.5
ABV's Interest Coverage is ranked lower than
139% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 10000.00 vs. ABV: 19.5 )
ABV' s 10-Year Interest Coverage Range
Min: 1   Max: No Debt
Current: 19.5
F-Score: 6
Z-Score: 9.6
M-Score: -2.92
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyÂ’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 9/10

vs
industry		 vs
history
Operating margin (%) 42.50
ABV's Operating margin (%) is ranked higher than
90% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 15.00 vs. ABV: 42.50 )
ABV' s 10-Year Operating margin (%) Range
Min: 6.2   Max: 43.2
Current: 42.5
6.2
43.2
Net-margin (%) 32.2
ABV's Net-margin (%) is ranked higher than
89% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 9.35 vs. ABV: 32.2 )
ABV' s 10-Year Net-margin (%) Range
Min: 9   Max: 32.2
Current: 32.2
9
32.2
Revenue Growth (%) 30.7
ABV's Revenue Growth (%) is ranked higher than
85% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.55 vs. ABV: 30.7 )
ABV' s 10-Year Revenue Growth (%) Range
Min: 4   Max: 30.7
Current: 30.7
4
30.7
EBITDA Growth (%) 32.4
ABV's EBITDA Growth (%) is ranked higher than
84% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 6.90 vs. ABV: 32.4 )
ABV' s 10-Year EBITDA Growth (%) Range
Min: 7.3   Max: 83.9
Current: 32.4
7.3
83.9
EPS Growth (%) 38.2
ABV's EPS Growth (%) is ranked higher than
92% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 11.10 vs. ABV: 38.2 )
ABV' s 10-Year EPS Growth (%) Range
Min: -7.9   Max: 43.3
Current: 38.2
-7.9
43.3
» ABV's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

ABV Guru Trades in Q2 2012

Howard Marks 12,383 sh (New)
Ken Fisher 8,335,598 sh (+226.73%)
Steven Cohen 11,772 sh (+118.61%)
Jim Simons 5,512,500 sh (+26.41%)
John Keeley 7,706 sh (+0.08%)
Jean-Marie Eveillard 3,575 sh (unchged)
Manning & Napier Advisors, Inc 47,050 sh (-12.95%)
Jeremy Grantham 1,441,446 sh (-25.78%)
» More
Q3 2012

ABV Guru Trades in Q3 2012

Sarah Ketterer 11,300 sh (New)
Bruce Kovner 20,300 sh (New)
Steven Cohen 45,025 sh (+282.48%)
Howard Marks 13,616 sh (+9.96%)
Ken Fisher 9,095,295 sh (+9.11%)
Manning & Napier Advisors, Inc 47,050 sh (unchged)
John Keeley 7,706 sh (unchged)
Jean-Marie Eveillard 3,575 sh (unchged)
Jim Simons 4,804,200 sh (-12.85%)
Jeremy Grantham 736,546 sh (-48.9%)
» More
Q4 2012

ABV Guru Trades in Q4 2012

Sarah Ketterer 67,600 sh (+498.23%)
Bruce Kovner 30,000 sh (+47.78%)
Howard Marks 16,448 sh (+20.8%)
Jeremy Grantham 626,346 sh (unchged)
Jean-Marie Eveillard 3,575 sh (unchged)
Manning & Napier Advisors, Inc 47,050 sh (unchged)
Ken Fisher 8,801,130 sh (-3.23%)
John Keeley 5,005 sh (-35.05%)
Jim Simons 2,321,900 sh (-51.67%)
Steven Cohen 9,459 sh (-78.99%)
» More
Q1 2013

ABV Guru Trades in Q1 2013

RS Investment Management 92,590 sh (New)
Jim Simons 3,557,200 sh (+53.2%)
John Keeley 6,788 sh (+35.62%)
Ken Fisher 9,226,608 sh (+4.83%)
Sarah Ketterer 67,600 sh (unchged)
Howard Marks 16,448 sh (unchged)
Jean-Marie Eveillard 3,575 sh (unchged)
Manning & Napier Advisors, Inc 47,050 sh (unchged)
Bruce Kovner Sold Out
Jeremy Grantham 562,900 sh (-10.13%)
Steven Cohen 7,600 sh (-19.65%)
» More
» Details

Insider Trades

Latest Guru Trades with ABV

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
John Keeley 2013-03-31 Add 35.62%$41.52 - $47.06 $ 42.32-5%6788
John Keeley 2012-12-31 Reduce -35.05%$39.04 - $42.81 $ 42.323%5005
Lee Ainslie 2012-03-31 Sold Out 0.29%$34.48 - $44.1 $ 42.3218%0
Lee Ainslie 2011-12-31 Reduce -92.09%2.85%$29.92 - $36.26 $ 42.3225%571743
Lee Ainslie 2011-09-30 New Buy3.09%$27.98 - $35.64 $ 42.3232%7224183
John Keeley 2011-09-30 New Buy0.01%$27.98 - $35.64 $ 42.3232%8336
Jean-Marie Eveillard 2010-12-31 New Buy$25.178 - $31.12 $ 42.3250%3575
George Soros 2010-09-30 Sold Out 0.01%$102.86 - $123.89 $ 42.32-62%0
John Hussman 2010-09-30 Sold Out $102.86 - $123.89 $ 42.32-62%0
John Hussman 2010-06-30 New Buy$92.01 - $108.12 $ 42.32-57%1000
George Soros 2010-06-30 Reduce -22.86%$92.01 - $108.12 $ 42.32-57%2700
George Soros 2010-03-31 New Buy$89.11 - $106.09 $ 42.32-57%3500
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 25.70
ABV's P/E(ttm) is ranked lower than
118% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 23.04 vs. ABV: 25.70 )
ABV' s 10-Year P/E(ttm) Range
Min: 6.04   Max: 54.43
Current: 25.7
6.04
54.43
P/S 8.30
ABV's P/S is ranked lower than
130% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.02 vs. ABV: 8.30 )
ABV' s 10-Year P/S Range
Min: 0.84   Max: 9.24
Current: 8.3
0.84
9.24
PFCF 22.80
ABV's PFCF is ranked lower than
133% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 20.20 vs. ABV: 22.80 )
ABV' s 10-Year PFCF Range
Min: 1.83   Max: 270.8
Current: 22.8
1.83
270.8
EV-to-EBIT 19.6
ABV's EV-to-EBIT is ranked higher than
81% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 15.45 vs. ABV: 19.6 )
ABV' s 10-Year EV-to-EBIT Range
Min: 3.4   Max: 63
Current: 19.6
3.4
63
PEG 0.8
ABV's PEG is ranked lower than
118% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.89 vs. ABV: 0.8 )
ABV' s 10-Year PEG Range
Min: 0.15   Max: 21.6
Current: 0.8
0.15
21.6
Shiller P/E 36
ABV's Shiller P/E is ranked higher than
86% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 30.80 vs. ABV: 36 )
ABV' s 10-Year Shiller P/E Range
Min: 14.88   Max: 47.06
Current: 36
14.88
47.06

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 1.60
ABV's Dividend Yield is ranked lower than
62% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.67 vs. ABV: 1.60 )
ABV' s 10-Year Dividend Yield Range
Min: 0.46   Max: 8.33
Current: 1.6
0.46
8.33
Dividend Payout 0.4208
ABV's Dividend Payout is ranked lower than
71% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.75 vs. ABV: 0.4208 )
ABV' s 10-Year Dividend Payout Range
Min: 0.29   Max: 2.9
Current: 0.42
0.29
2.9
Dividend growth (3y) 9.8
ABV's Dividend growth (3y) is ranked higher than
97% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 2.20 vs. ABV: 9.8 )
ABV' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 67.7
Current: 9.8
0
67.7
Yield on cost (5-Year) 3.20
ABV's Yield on cost (5-Year) is ranked higher than
97% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.94 vs. ABV: 3.20 )
ABV' s 10-Year Yield on cost (5-Year) Range
Min: 0.92   Max: 16.68
Current: 3.2
0.92
16.68
Share Buyback Rate 18.1
ABV's Share Buyback Rate is ranked higher than
75% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: -0.30 vs. ABV: 18.1 )
ABV' s 10-Year Share Buyback Rate Range
Min: 18.1   Max: -14.8
Current: 18.1

Valuation & Return

vs
industry		 vs
history
Price/DCF (Projected) 1.9
ABV's Price/DCF (Projected) is ranked higher than
97% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.40 vs. ABV: 1.9 )
ABV' s 10-Year Price/DCF (Projected) Range
Min: 0.2   Max: 1.8
Current: 1.9
0.2
1.8
Price/Median PS Value 2.5
ABV's Price/Median PS Value is ranked higher than
96% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 0.85 vs. ABV: 2.5 )
ABV' s 10-Year Price/Median PS Value Range
Min: 0.3   Max: 2.1
Current: 2.5
0.3
2.1
Price/Peter Lynch Fair Value 1.7
ABV's Price/Peter Lynch Fair Value is ranked higher than
94% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 1.30 vs. ABV: 1.7 )
ABV' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.1   Max: 4.6
Current: 1.7
0.1
4.6
Earnings Yield (Greenblatt) 5.10
ABV's Earnings Yield (Greenblatt) is ranked higher than
84% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 6.15 vs. ABV: 5.10 )
ABV' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.6   Max: 29.1
Current: 5.1
1.6
29.1
Forward Rate of Return (Yacktman) 17.79
ABV's Forward Rate of Return (Yacktman) is ranked higher than
70% of the 79 Companies
in the Global Beverages - Brewers industry.

( Industry Median: 8.42 vs. ABV: 17.79 )
ABV' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 6.8   Max: 82.5
Current: 17.79
6.8
82.5

Business Description

Companhia de Bebidas das Americas Ambev was incorporated as Aditus Participacoes S.A. on September 14, 1998. AmBev, a Brazilian sociedade anonima, is a publicly held corporation incorporated under the laws of the Federative Republic of Brazil. Companhia de Bebidas das Americas-AmBev is the successor of Companhia Cervejaria Brahma (Brahma) and Companhia Antarctica Paulista Indústria Brasileira de Bebidas e Conexos (Antarctica), two of the oldest brewers in Brazil. Antarctica was founded in 1885. Brahma was founded in 1888 as Villiger & Cia. The Brahma brand was registered on September 6, 1888, and in 1904 Villiger & Cia. changed its name to Companhia Cervejaria Brahma. The Company produces, distributes and sells beer, soft drinks and other non-alcoholic and non-carbonated products in 14 countries across the Americas. AmBev is PepsiCo's bottler outside the United States. The Company conducts its operations through three business units: Latin America North, which includes its operations in Brazil, where the Company operates two divisions: beer sales, and carbonated soft drinks and non-alcoholic non-carbonated sales; and the Hispanic Latin America Operations, Excluding Latin America South, operations comprising the Dominican Republic, Ecuador, Guatemala, Peru and Venezuela; Latin America South, which includes its Quinsa operations in the countries of Argentina, Bolivia, Paraguay, Uruguay and Chile.; and Canada, represented by Labatt's operations, which includes domestic sales in Canada and beer exports to the United States. AmBev's marketing initiatives are concentrated in off-trade and on-trade initiatives. Off-trade initiatives comprise mass media vehicles, such as television, radio, magazines and internet websites. Its-trade initiatives include banners and all types of enhancements to the point of sale, such as branded coolers and decorated furniture. The main competitor in the CSD market is The Coca-Cola Company, which operates in Brazil through approximately 16 bottlers. All of the Company's operations are subject to local governmental regulation and supervision, including labor laws; social security laws; public health, consumer protection and environmental laws; securities laws; and antitrust laws.
Company Website
Industry: Beverages - Brewers
Compare:SAM, SBMRY, HINKY, FMX, CCU
Traded in other countries:BBS.Germany

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