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AmbevBSP:ABEV3 +0.19%80 EV-to-EBIT is 10.04 as of Aug. 03, 2026, which is 29% below its 10-year median of 14.11. GuruFocus rates BSP:ABEV3 with a GF Score™ of 80/100 and a GF Value™ of R$14.06 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 163 Beverages - Alcoholic companies, Ambev ranks better than 69.94% on this metric.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ambev's Enterprise Value is R$232,273 Mil.
Ambev's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was R$23,138 Mil. Therefore, Ambev's EV-to-EBIT for today is 10.04.
The historical rank and industry rank for Ambev's EV-to-EBIT or its related term are showing as below:
BSP:ABEV3'
s EV-to-EBIT Range Over the Past 10 Years
Min: 6.67 Med: 14.11 Max: 26.39
Current: 10.04
During the past 13 years, the highest EV-to-EBIT of Ambev was 26.39. The lowest was 6.67. And the median was 14.11.
BSP:ABEV3's EV-to-EBIT is ranked better than 69.94% of 163
companies
in the Beverages - Alcoholic industry
Industry Median: 13.86
vs BSP:ABEV3: 10.04
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Ambev's Enterprise Value for the quarter that ended in Jun. 2026 was R$236,909 Mil.
Ambev's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$23,138 Mil.
* 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 EV-to-EBIT Related Terms
Ambev EV-to-EBIT Historical Data
* Premium members only.
The historical data trend for Ambev's EV-to-EBIT 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.
For the Beverages - Brewers subindustry, Ambev's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ambev EV-to-EBIT vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Ambev's EV-to-EBIT falls into.
Ambev's current Enterprise Value is R$232,273 Mil.
Ambev's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$23,138 Mil.
* 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 (BSP:ABEV3) has a EV-to-EBIT of 10.04 as of Aug. 03, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ambev and its competitors. This is 29% below median its historical median of 14.11. Over the past decade, Ambev's EV-to-EBIT has ranged from 6.67 to 26.39. According to the industry distribution chart, Ambev ranks #49 out of 163 companies in the Beverages - Alcoholic industry, placing it in the top 30.1%.
Is Ambev's EV-to-EBIT too high?
Ambev's current EV-to-EBIT of 10.04 is 29% below median its 10-year median of 14.11. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 26.39. The Beverages - Alcoholic industry median EV-to-EBIT is 13.86. Ambev's value of 10.04 is 27.6% below this industry median. Based on the distribution chart, Ambev ranks #49 out of 163 companies in the Beverages - Alcoholic industry, which is above the industry midpoint. Overall, Ambev has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ambev's EV-to-EBIT compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Ambev ranks #49 out of 163 companies for EV-to-EBIT. This puts Ambev in the upper half of its industry. The industry median EV-to-EBIT is 13.86. Ambev's value of 10.04 is 27.6% below this benchmark. Historically, Ambev's own EV-to-EBIT has ranged from 6.67 to 26.39 over the past decade. While the company's 10-year median is 14.11 vs. the industry median of 13.86, Ambev has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Beverages - Alcoholic company?
The median EV-to-EBIT among Beverages - Alcoholic companies is 13.86, based on 163 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ambev's current EV-to-EBIT of 10.04 is 27.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ambev and its competitors. For the Beverages - Alcoholic industry, the median EV-to-EBIT is 13.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambev's current EV-to-EBIT is 10.04, which is 29% below median its own 10-year median of 14.11. 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$14.06, compared to a current price of R$15.99 — trading 13.7% above its estimated fair value. The current EV-to-EBIT is 10.04, which is 29% below median its 10-year median of 14.11 and 27.6% below the Beverages - Alcoholic industry median of 13.86. Ambev's overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Ambev (BSP:ABEV3), the current EV-to-EBIT is 10.04 as of Aug. 03, 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$15.99 is trading 13.7% above its estimated GF Value™ of R$14.06.
GuruFocus considers Ambev to be Modestly Overvalued.
Key valuation signals for BSP:ABEV3:
EV-to-EBIT: 10.04 (29% below median its 10-year median of 14.11)
GF Value™: R$14.06 vs. price of R$15.99 (13.7% above fair value)
Industry Position: 27.6% below the Beverages - Alcoholic median (#49 of 163)
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 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%.
80GF Score
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