Back to ABEV Overview
NYQ · Valuation Lab
ABEV
Ambev S.A.
Last$3.04
Market cap46.9B
EV/EBITDA1.2x
Intrinsic value
$34.51
MoS +91.2% · Undervalued
Assuming 22.6% FCF margin and 0.3% Y1–5 growth.
Upside to price
EV (DCF)517.9B
Terminal share71%
Expected IV$34.06
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 71% of EV
PV of stage FCFs152.3B
PV of terminal value365.6B
Enterprise value517.9B
Net cash / (debt)15.4B
Equity value533.3B
Intrinsic value / share$34.51
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 88.5B | 20B | 18.9B | 94.3% |
| Y2 | 88.8B | 20.1B | 17.9B | 89.0% |
| Y3 | 89.1B | 20.1B | 16.9B | 84.0% |
| Y4 | 89.3B | 20.2B | 16B | 79.2% |
| Y5 | 89.6B | 20.2B | 15.1B | 74.7% |
| Y6 | 91.4B | 20.7B | 14.6B | 70.5% |
| Y7 | 93.2B | 21.1B | 14B | 66.5% |
| Y8 | 95.1B | 21.5B | 13.5B | 62.7% |
| Y9 | 97B | 21.9B | 13B | 59.2% |
| Y10 | 98.9B | 22.4B | 12.5B | 55.8% |
| Terminal | — | — | 365.6B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.