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AmbevBSP:ABEV3 -1.38%80 EV-to-EBITDA is 7.71 as of Aug. 04, 2026, which is 27% below its 10-year median of 10.56. GuruFocus rates BSP:ABEV3 with a GF Score™ of 80/100 and a GF Value™ of R$14.07 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 168 Beverages - Alcoholic companies, Ambev ranks better than 72.02% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ambev's enterprise value is R$228,873 Mil.
Ambev's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was R$29,689 Mil. Therefore, Ambev's EV-to-EBITDA for today is 7.71.
The historical rank and industry rank for Ambev's EV-to-EBITDA or its related term are showing as below:
BSP:ABEV3'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.03 Med: 10.56 Max: 20.78
Current: 7.71
During the past 13 years, the highest EV-to-EBITDA of Ambev was 20.78. The lowest was 5.03. And the median was 10.56.
BSP:ABEV3's EV-to-EBITDA is ranked better than 72.02% of 168
companies
in the Beverages - Alcoholic industry
Industry Median: 11.2
vs BSP:ABEV3: 7.71
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
As of today (2026-08-04), Ambev's stock price is R$15.77.
Ambev's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was R$1.043. Therefore, Ambev's PE Ratio (TTM) for today is 15.12.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Ambev's share price for today is R$15.77.
Ambev's Earnings per Share (Diluted) 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$1.043.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Ambev's EV-to-EBITDA 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-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ambev's EV-to-EBITDA falls into.
Ambev's current Enterprise Value is R$228,873 Mil.
Ambev's EBITDA 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$29,689 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-EBITDA of 7.71 as of Aug. 04, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ambev. This is 27% below median its historical median of 10.56. Over the past decade, Ambev's EV-to-EBITDA has ranged from 5.03 to 20.78. According to the industry distribution chart, Ambev ranks #47 out of 168 companies in the Beverages - Alcoholic industry, placing it in the top 28%.
Is Ambev's EV-to-EBITDA too high?
Ambev's current EV-to-EBITDA of 7.71 is 27% below median its 10-year median of 10.56. Over the past 10 years, this metric has ranged from a low of 5.03 to a high of 20.78. The Beverages - Alcoholic industry median EV-to-EBITDA is 11.20. Ambev's value of 7.71 is 31.2% below this industry median. Based on the distribution chart, Ambev ranks #47 out of 168 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-EBITDA compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Ambev ranks #47 out of 168 companies for EV-to-EBITDA. This puts Ambev in the upper half of its industry. The industry median EV-to-EBITDA is 11.20. Ambev's value of 7.71 is 31.2% below this benchmark. Historically, Ambev's own EV-to-EBITDA has ranged from 5.03 to 20.78 over the past decade. While the company's 10-year median is 10.56 vs. the industry median of 11.20, 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-EBITDA for a Beverages - Alcoholic company?
The median EV-to-EBITDA among Beverages - Alcoholic companies is 11.20, based on 168 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ambev's current EV-to-EBITDA of 7.71 is 31.2% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ambev. For the Beverages - Alcoholic industry, the median EV-to-EBITDA is 11.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambev's current EV-to-EBITDA is 7.71, which is 27% below median its own 10-year median of 10.56. 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$14.07, compared to a current price of R$15.77 — trading 12.1% above its estimated fair value. The current EV-to-EBITDA is 7.71, which is 27% below median its 10-year median of 10.56 and 31.2% below the Beverages - Alcoholic industry median of 11.20. Ambev's overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ambev (BSP:ABEV3), the current EV-to-EBITDA is 7.71 as of Aug. 04, 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$15.77 is trading 12.1% above its estimated GF Value™ of R$14.07.
GuruFocus considers Ambev to be Modestly Overvalued.
Key valuation signals for BSP:ABEV3:
EV-to-EBITDA: 7.71 (27% below median its 10-year median of 10.56)
GF Value™: R$14.07 vs. price of R$15.77 (12.1% above fair value)
Industry Position: 31.2% below the Beverages - Alcoholic median (#47 of 168)
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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