AMBEV S.A.

ABEV3
End-of-day quote. End-of-day quote  - 04/13
15.63BRL +0.77%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2020 2021
Net sales1 58 37963 238
EBITDA1 21 59220 688
Operating profit (EBIT)1 16 42415 340
Operating Margin 28,1%24,3%
Pre-Tax Profit (EBT)1 13 49412 324
Net income1 11 37910 562
Net margin 19,5%16,7%
EPS2 0,720,67
Dividend per Share2 0,490,52
Last update 02/25/202104/09/2021
1 BRL in Million
2 BRL
Estimates
Finances - Leverage
Fiscal Period: December 2020 2021
Net Debt1 --
Net Cash position1 13 99815 686
Leverage (Debt / EBITDA) -0,65x-0,76x
Free Cash Flow1 14 16315 640
ROE (Net Profit / Equities) 16,8%13,8%
Shareholders' equity1 67 54676 333
ROA (Net Profit / Asset) 10,0%8,65%
Assets1 113 465122 072
Book Value Per Share2 4,694,84
Cash Flow per Share2 1,190,97
Capex1 4 6935 571
Capex / Sales 8,04%8,81%
Last update 02/25/202104/09/2021
1 BRL in Million
2 BRL
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2021e 2022e
Capitalization 245 999 M BRL -
Entreprise Value (EV) 230 313 M BRL 229 127 M BRL
Valuation 2021e 2022e
P/E ratio (Price / EPS) 23,4x 19,9x
Capitalization / Revenue 3,89x 3,74x
EV / Revenue 3,64x 3,50x
EV / EBITDA 11,1x 9,93x
Yield (DPS / Price) 3,31% 4,18%
Price to book (Price / BVPS) 3,23x 3,09x
Profitability 2021e 2022e
Operating Margin (EBIT / Sales) 24,3% 27,2%
Operating Leverage (Delta EBIT / Delta Sales) - 4,08x
Net Margin (Net Profit / Revenue) 16,7% 19,0%
ROA (Net Profit / Asset) 8,65% 10,6%
ROE (Net Profit / Equities) 13,8% 16,1%
Rate of Dividend 77,5% 83,0%
Balance Sheet Analysis 2021e 2022e
CAPEX / Sales   8,81% 8,64%
Cash Flow / Sales 24,0% 28,9%
Capital Intensity (Assets / Sales) 1,93x 1,80x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
EPS & Dividend