AMBEV S.A.

ABEV3
End-of-day quote. End-of-day quote  - 11/26
14.42BRL -0.48%
Income Statement Evolution
Annual Income Statement Data
Fiscal Period: December 2019 2020
Net sales1 52 60056 466
EBITDA1 21 14719 297
Operating profit (EBIT)1 16 47214 159
Operating Margin 31,3%25,1%
Pre-Tax Profit (EBT)1 12 9439 745
Net income1 11 7808 531
Net margin 22,4%15,1%
EPS2 0,740,54
Dividend per Share2 0,490,40
Last update 02/27/202011/10/2020
1 BRL in Million
2 BRL
Estimates
Finances - Leverage
Fiscal Period: December 2019 2020
Net Debt1 --
Net Cash position1 8 85312 573
Leverage (Debt / EBITDA) -0,42x-0,65x
Free Cash Flow1 13 31210 579
ROE (Net Profit / Equities) 20,0%12,7%
Shareholders' equity1 58 76367 012
ROA (Net Profit / Asset) 11,9%7,59%
Assets1 98 729112 354
Book Value Per Share2 3,904,68
Cash Flow per Share2 1,161,19
Capex1 5 0695 387
Capex / Sales 9,64%9,54%
Last update 02/27/202011/12/2020
1 BRL in Million
2 BRL
Estimates
Balance Sheet Analysis
Financial Ratios
Size 2020e 2021e
Capitalization 228 607 M BRL -
Entreprise Value (EV) 216 034 M BRL 213 535 M BRL
Valuation 2020e 2021e
P/E ratio (Price / EPS) 26,7x 20,6x
Capitalization / Revenue 4,05x 3,76x
EV / Revenue 3,83x 3,55x
EV / EBITDA 11,2x 10,1x
Yield (DPS / Price) 2,75% 4,17%
Price to book (Price / BVPS) 3,08x 3,04x
Profitability 2020e 2021e
Operating Margin (EBIT / Sales) 25,1% 27,0%
Operating Leverage (Delta EBIT / Delta Sales) - 2,03x
Net Margin (Net Profit / Revenue) 15,1% 18,1%
ROA (Net Profit / Asset) 7,59% 9,41%
ROE (Net Profit / Equities) 12,7% 15,1%
Rate of Dividend 73,4% 86,1%
Balance Sheet Analysis 2020e 2021e
CAPEX / Sales   9,54% 8,82%
Cash Flow / Sales 33,3% 31,1%
Capital Intensity (Assets / Sales) 1,99x 1,93x
Financial Leverage (Net Debt / EBITDA) - -
Price Earning Ratio
EPS & Dividend