AmbevMEX:ABEV N 80 EV-to-FCF is 10.97 as of Jul. 03, 2026, which is 34% below its 10-year median of 16.72. GuruFocus rates MEX:ABEV N with a GF Score™ of 80/100 and a GF Value™ of MXN48.54 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 138 Beverages - Alcoholic companies, Ambev ranks better than 68.12% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Ambev's Enterprise Value is MXN815,995 Mil.
Ambev's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was MXN74,402 Mil. Therefore, Ambev's EV-to-FCF for today is 10.97.
The historical rank and industry rank for Ambev's EV-to-FCF or its related term are showing as below:
MEX:ABEV N'
s EV-to-FCF Range Over the Past 10 Years
Min: 6.83 Med: 16.72 Max: 34.87
Current: 10.63
During the past 13 years, the highest EV-to-FCF of Ambev was 34.87. The lowest was 6.83. And the median was 16.72.
MEX:ABEV N's EV-to-FCF is ranked better than 68.12% of 138
companies
in the Beverages - Alcoholic industry
Industry Median: 16.8
vs MEX:ABEV N: 10.63
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
As of today (2026-07-03), Ambev's stock price is MXN56.00.
Ambev's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN3.382. Therefore, Ambev's PE Ratio (TTM) for today is 16.56.
Ambev (MEX:ABEV N) EV-to-FCF Explanation
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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 MXN56.00.
Ambev's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN3.382.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Ambev EV-to-FCF Related Terms
Ambev EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Ambev's EV-to-FCF 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-FCF, along with its competitors' market caps and EV-to-FCF 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-FCF vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Ambev's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Ambev's EV-to-FCF falls into.
Ambev's current Enterprise Value is MXN815,995 Mil.
Ambev's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN74,402 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 (MEX:ABEV N) has a EV-to-FCF of 10.97 as of Jul. 03, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ambev and its competitors. This is 34% below median its historical median of 16.72. Over the past decade, Ambev's EV-to-FCF has ranged from 6.83 to 34.87. According to the industry distribution chart, Ambev ranks #44 out of 138 companies in the Beverages - Alcoholic industry, placing it in the top 31.9%.
Is Ambev's EV-to-FCF too high?
Ambev's current EV-to-FCF of 10.97 is 34% below median its 10-year median of 16.72. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 34.87. The Beverages - Alcoholic industry median EV-to-FCF is 16.80. Ambev's value of 10.97 is 34.7% below this industry median. Based on the distribution chart, Ambev ranks #44 out of 138 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-FCF compare to BUD and STZ?
According to the Beverages - Alcoholic industry distribution chart, Ambev ranks #44 out of 138 companies for EV-to-FCF. This puts Ambev in the upper half of its industry. The industry median EV-to-FCF is 16.80. Ambev's value of 10.97 is 34.7% below this benchmark. Historically, Ambev's own EV-to-FCF has ranged from 6.83 to 34.87 over the past decade. While the company's 10-year median is 16.72 vs. the industry median of 16.80, 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-FCF for a Beverages - Alcoholic company?
The median EV-to-FCF among Beverages - Alcoholic companies is 16.80, based on 138 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ambev's current EV-to-FCF of 10.97 is 34.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Ambev and its competitors. For the Beverages - Alcoholic industry, the median EV-to-FCF is 16.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ambev's current EV-to-FCF is 10.97, which is 34% below median its own 10-year median of 16.72. 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 (MEX:ABEV N) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN48.54, compared to a current price of MXN56.00 — trading 15.4% above its estimated fair value. The current EV-to-FCF is 10.97, which is 34% below median its 10-year median of 16.72 and 34.7% below the Beverages - Alcoholic industry median of 16.80. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Ambev (MEX:ABEV N), the current EV-to-FCF is 10.97 as of Jul. 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 (MEX:ABEV N) Overvalued in 2026?
Based on GuruFocus' analysis, Ambev stock appears to be overvalued.
The current stock price of MXN56.00 is trading 15.4% above its estimated GF Value™ of MXN48.54.
GuruFocus considers Ambev to be Modestly Overvalued.
Key valuation signals for MEX:ABEV N:
EV-to-FCF: 10.97 (34% below median its 10-year median of 16.72)
GF Value™: MXN48.54 vs. price of MXN56.00 (15.4% above fair value)
Industry Position: 34.7% below the Beverages - Alcoholic median (#44 of 138)
No single metric tells the full story. See the MEX:ABEV N 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%.
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