Ambev (BSP:ABEV3) Beginning Cash Position: R$18,638 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BSP:ABEV3 Ambev SA BSP:ABEV3
81 GF Score
Price R$15.80
GF Value R$14.17
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ambev Beginning Cash Position?

Ambev BSP:ABEV3 +0.06% 81 Beginning Cash Position is R$18,638 Mil as of Mar. 2026. GuruFocus rates BSP:ABEV3 with a GF Score™ of 81/100 and a GF Value™ of R$14.17 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Ambev's Beginning Cash Position for the quarter that ended in Mar. 2026 was R$18,638 Mil.

Ambev's quarterly Beginning Cash Position increased from Sep. 2025 (R$16,404 Mil) to Dec. 2025 (R$18,308 Mil) and increased from Dec. 2025 (R$18,308 Mil) to Mar. 2026 (R$18,638 Mil).

Ambev's annual Beginning Cash Position increased from Dec. 2023 (R$14,852 Mil) to Dec. 2024 (R$16,059 Mil) and increased from Dec. 2024 (R$16,059 Mil) to Dec. 2025 (R$28,596 Mil).

Ambev Beginning Cash Position Related Terms

Ambev Beginning Cash Position Historical Data

* Premium members only.

The historical data trend for Ambev's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ambev Beginning Cash Position Chart

Ambev Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,090.30 16,597.20 14,852.10 16,059.00 28,595.70

Ambev Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28,595.67 19,118.35 16,404.03 18,307.73 18,638.23
BSP:ABEV3
81GF Score
Ambev SA BSP:ABEV3
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ambev Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of R$18,638 Mil mean?
Ambev (BSP:ABEV3) has a Beginning Cash Position of R$18,638 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Ambev and its competitors.
Is Ambev's Beginning Cash Position too high?
Ambev's current Beginning Cash Position is R$18,638 Mil. Overall, Ambev has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ambev's Beginning Cash Position compare to BUD and STZ?
Ambev's Beginning Cash Position of R$18,638 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Beverages - Alcoholic company?
A good Beginning Cash Position depends on the Beverages - Alcoholic industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Ambev and its competitors. Ambev's current Beginning Cash Position is R$18,638 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ambev stock overvalued right now?
Based on GuruFocus' analysis, Ambev (BSP:ABEV3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$14.17, compared to a current price of R$15.80 — trading 11.5% above its estimated fair value. The current Beginning Cash Position is R$18,638 Mil. Ambev's overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Ambev (BSP:ABEV3), the current Beginning Cash Position is R$18,638 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ambev (BSP:ABEV3) Overvalued in 2026?

Based on GuruFocus' analysis, Ambev stock appears to be overvalued. The current stock price of R$15.80 is trading 11.5% above its estimated GF Value™ of R$14.17. GuruFocus considers Ambev to be Modestly Overvalued.

Key valuation signals for BSP:ABEV3:

  • Beginning Cash Position: R$18,638 Mil
  • GF Value™: R$14.17 vs. price of R$15.80 (11.5% above fair value)
  • GF Score™: 81/100 with 6 warning signs

No single metric tells the full story. See the BSP:ABEV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Ambev Business Description

Address Rua Doctor Renato Paes de Barros, 1017, 4th Floor, Sao Paulo, SP, BRA, 04530-001
Ambev is the largest brewer in Latin America and the Caribbean and is Anheuser-Busch InBev's subsidiary in the region. It produces, distributes, and sells beer and PepsiCo products in Brazil and other Latin American countries and owns Argentina's largest brewer, Quinsa. Ambev was formed in 1999 through the merger of Brazil's two largest beverage companies, Brahma and Antarctica. In 2004, Ambev combined with Canadian brewer Labatt, giving AB InBev a controlling interest of 62%.
81GF Score

Get the complete analysis for BSP:ABEV3

Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$15.80
Price
R$14.17
GF Value