Ambev S.A
Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, A… Read more
Ambev S.A (ABEVN) - Net Assets
Latest net assets as of September 2025: MX$92.73 Billion MXN
Based on the latest financial reports, Ambev S.A (ABEVN) has net assets worth MX$92.73 Billion MXN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$140.75 Billion) and total liabilities (MX$48.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$92.73 Billion |
| % of Total Assets | 65.88% |
| Annual Growth Rate | 7.66% |
| 5-Year Change | 32.51% |
| 10-Year Change | 97.84% |
| Growth Volatility | 10.39 |
Ambev S.A - Net Assets Trend (2013–2024)
This chart illustrates how Ambev S.A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ambev S.A (2013–2024)
The table below shows the annual net assets of Ambev S.A from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$99.58 Billion | +24.25% |
| 2023-12-31 | MX$80.14 Billion | -3.82% |
| 2022-12-31 | MX$83.33 Billion | -0.82% |
| 2021-12-31 | MX$84.02 Billion | +11.80% |
| 2020-12-31 | MX$75.15 Billion | +20.13% |
| 2019-12-31 | MX$62.56 Billion | +8.70% |
| 2018-12-31 | MX$57.55 Billion | +19.93% |
| 2017-12-31 | MX$47.98 Billion | +2.85% |
| 2016-12-31 | MX$46.65 Billion | -7.32% |
| 2015-12-31 | MX$50.33 Billion | +15.33% |
| 2014-12-31 | MX$43.64 Billion | -1.31% |
| 2013-12-31 | MX$44.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ambev S.A's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | MX$98.64 Billion | 100.00% |
| Total Equity | MX$98.64 Billion | 100.00% |
Ambev S.A Competitors by Market Cap
The table below lists competitors of Ambev S.A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZTO Express (Cayman) Inc
NYSE:ZTO
|
$10.20 Billion |
|
Onto Innovation Inc
NYSE:ONTO
|
$10.20 Billion |
|
Aramark
LSE:0HHB
|
$10.22 Billion |
|
Diploma PLC
PINK:DPMAY
|
$10.23 Billion |
|
Advanced Info Service Public
PINK:AVIFY
|
$10.19 Billion |
|
Japan Exchange Group Inc
PINK:OSCUF
|
$10.19 Billion |
|
Koc Holding AS
IS:KCHOL
|
$10.18 Billion |
|
WiseTech Global Limited
PINK:WIGBY
|
$10.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ambev S.A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 78,969,300,000 to 98,642,100,000, a change of 19,672,800,000 (24.9%).
- Net income of 14,437,200,000 contributed positively to equity growth.
- Dividend payments of 4,056,400,000 reduced retained earnings.
- Share repurchases of 467,600,000 reduced equity.
- New share issuances of 17,500,000 increased equity.
- Other factors increased equity by 9,742,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$14.44 Billion | +14.64% |
| Dividends Paid | MX$4.06 Billion | -4.11% |
| Share Repurchases | MX$467.60 Million | -0.47% |
| Share Issuances | MX$17.50 Million | +0.02% |
| Other Changes | MX$9.74 Billion | +9.88% |
| Total Change | MX$- | 24.91% |
Book Value vs Market Value Analysis
This analysis compares Ambev S.A's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.83x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 16.77x to 7.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$2.93 | MX$49.10 | x |
| 2018-12-31 | MX$3.58 | MX$49.10 | x |
| 2019-12-31 | MX$3.90 | MX$49.10 | x |
| 2020-12-31 | MX$4.69 | MX$49.10 | x |
| 2021-12-31 | MX$5.25 | MX$49.10 | x |
| 2022-12-31 | MX$5.21 | MX$49.10 | x |
| 2023-12-31 | MX$5.01 | MX$49.10 | x |
| 2024-12-31 | MX$6.27 | MX$49.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ambev S.A utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.64%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.14%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.65x
- Recent ROE (14.64%) is below the historical average (20.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 22.23% | 27.25% | 0.51x | 1.61x | MX$5.26 Billion |
| 2014 | 28.58% | 31.68% | 0.53x | 1.71x | MX$7.84 Billion |
| 2015 | 25.71% | 26.59% | 0.52x | 1.87x | MX$7.59 Billion |
| 2016 | 27.99% | 27.51% | 0.54x | 1.87x | MX$8.06 Billion |
| 2017 | 15.94% | 15.31% | 0.55x | 1.89x | MX$2.73 Billion |
| 2018 | 19.57% | 21.95% | 0.53x | 1.67x | MX$5.39 Billion |
| 2019 | 19.22% | 22.40% | 0.52x | 1.66x | MX$5.65 Billion |
| 2020 | 15.42% | 19.49% | 0.47x | 1.70x | MX$4.00 Billion |
| 2021 | 15.33% | 17.39% | 0.53x | 1.68x | MX$4.41 Billion |
| 2022 | 17.64% | 18.14% | 0.58x | 1.68x | MX$6.26 Billion |
| 2023 | 18.36% | 18.19% | 0.60x | 1.68x | MX$6.60 Billion |
| 2024 | 14.64% | 16.14% | 0.55x | 1.65x | MX$4.57 Billion |
Industry Comparison
This section compares Ambev S.A's net assets metrics with peer companies in the Beverages - Brewers industry.
No peer company data available for comparison.