Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Ticker

Industry

Sector

Ambev S.A. (ABEV3.SA)

Company Dividend Discount ModelIndustry: Beverages - AlcoholicSector: Consumer Defensive

Valuation Snapshot

Stable Growth$114.30 - $202.88$190.12
Multi-Stage$33.35 - $36.45$34.87
Blended Fair Value$112.50
Current Price$12.09
Upside830.51%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS-12.42%-10.32%0.260.760.780.710.440.500.560.560.660.73
YoY Growth---65.98%-2.62%10.14%62.26%-12.97%-10.70%-0.06%-14.62%-10.09%-4.72%
Dividend Yield--1.91%6.47%5.66%4.71%2.90%4.23%3.34%2.31%3.59%3.82%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)16,037.07
(-) Cash Dividends Paid (M)14,642.64
(=) Cash Retained (M)1,394.43
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)3,207.412,004.631,202.78
Cash Retained (M)1,394.431,394.431,394.43
(-) Cash Required (M)-3,207.41-2,004.63-1,202.78
(=) Excess Retained (M)-1,812.99-610.20191.65
(/) Shares Outstanding (M)15,720.8315,720.8315,720.83
(=) Excess Retained per Share-0.12-0.040.01
LTM Dividend per Share0.930.930.93
(+) Excess Retained per Share-0.12-0.040.01
(=) Adjusted Dividend0.820.890.94
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate5.50%6.50%7.50%
Fair Value$114.30$190.12$202.88
Upside / Downside845.38%1,472.57%1,578.04%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)16,037.0717,079.4818,189.6519,371.9720,631.1521,972.1822,631.34
Payout Ratio91.30%91.04%90.78%90.52%90.26%90.00%92.50%
Projected Dividends (M)14,642.6415,549.8416,513.1017,535.8918,621.8819,774.9620,933.99

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate6.25%6.25%6.25%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)14,497.2714,634.6914,772.10
Year 2 PV (M)14,353.2314,626.6214,902.59
Year 3 PV (M)14,210.5014,618.4315,034.10
Year 4 PV (M)14,069.0714,610.1315,166.64
Year 5 PV (M)13,928.9414,601.7115,300.23
PV of Terminal Value (M)453,243.70475,135.54497,865.23
Equity Value (M)524,302.71548,227.11573,040.89
Shares Outstanding (M)15,720.8315,720.8315,720.83
Fair Value$33.35$34.87$36.45
Upside / Downside175.85%188.44%201.50%

High-Yield Dividend Screener

« Prev Page 74 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
PHN.MIPharmanutra S.p.A.1.89%$1.0254.97%
002117.SZTungkong Inc.1.88%$0.2667.89%
031440.KSSHINSEGAE FOOD Inc.1.88%$899.9814.67%
1590.TWAirTAC International Group1.88%$17.9845.66%
2678.HKTexhong Textile Group Limited1.88%$0.096.21%
4112.THodogaya Chemical Co., Ltd.1.88%$42.1632.13%
4739.TITOCHU Techno-Solutions Corporation1.88%$81.1350.53%
600499.SSKeda Industrial Group Co., Ltd.1.88%$0.2634.23%
6594.TNidec Corporation1.88%$40.0525.72%
GFPT-R.BKGFPT Public Company Limited1.88%$0.2010.54%
NGI.AXNavigator Global Investments Limited1.88%$0.0619.77%
SVW.AXSeven Group Holdings Limited1.88%$0.8731.55%
002461.SZGuangzhou Zhujiang Brewery Co., Ltd1.87%$0.1740.51%
002788.SZLuyan Pharma Co.,Ltd.1.87%$0.4049.91%
600600.SSTsingtao Brewery Company Limited1.87%$1.1433.65%
600900.SSChina Yangtze Power Co., Ltd.1.87%$0.5137.99%
603238.SSHangZhou Nbond Nonwovens Co., Ltd.1.87%$0.3348.05%
6875.TMegaChips Corporation1.87%$148.1788.24%
7095.KLP.I.E. Industrial Berhad1.87%$0.0544.49%
8334.TThe Gunma Bank, Ltd.1.87%$32.3726.45%
BVB.DEBorussia Dortmund GmbH & Co. Kommanditgesellschaft auf Aktien1.87%$0.0623.76%
DNG.TODynacor Group Inc.1.87%$0.1028.25%
ICNC-UNIconic Sports Acquisition Corp.1.87%$0.2030.34%
PAZ.SNPaz Corp S.A.1.87%$14.9926.20%
002756.SZYongxing Special Materials Technology Co.,Ltd1.86%$1.0188.45%
006980.KSWoosung Co., Ltd.1.86%$299.972.95%
084110.KQHuons Global Co., Ltd.1.86%$939.2047.07%
4100.SRMakkah Construction & Development Company1.86%$1.4866.05%
603867.SSZhejiang Xinhua Chemical Co.,Ltd1.86%$0.4738.85%
6849.TNihon Kohden Corporation1.86%$31.3228.12%
9515.SRFesh Fash Snack Food Production Company1.86%$0.1824.81%
CIMSA.ISÇimsa Çimento Sanayi ve Ticaret A.S.1.86%$0.8543.17%
EGATIF.BKElectricity Generating Authority Of Thailand- North Bangkok Power Plant Block 1 Infrastructure Fund1.86%$0.1122.36%
ESNTEssent Group Ltd.1.86%$1.2117.35%
RVRC.STRVRC Holding AB (publ)1.86%$1.2044.59%
002803.SZXiamen Jihong Technology Co., Ltd.1.85%$0.3049.75%
2467.TWC Sun Mfg Ltd.1.85%$4.9998.76%
300160.SZJiangsu Xiuqiang Glasswork Co., Ltd.1.85%$0.1037.25%
600609.SSShenyang Jinbei Automotive Company Limited1.85%$0.0941.26%
601882.SSNingbo Haitian Precision Machinery Co.,Ltd.1.85%$0.3641.14%
603199.SSAnhui Jiuhuashan Tourism Development Co., Ltd.1.85%$0.6835.31%
7245.TDaido Metal Co., Ltd.1.85%$18.1630.01%
BTGB2Gold Corp.1.85%$0.0856.43%
COIC.STConcentric AB (publ)1.85%$4.2555.44%
MPCC.OLMPC Container Ships ASA1.85%$0.3256.17%
000823.SZGuangdong Goworld Co., Ltd.1.84%$0.2554.48%
0529.HKSiS International Holdings Limited1.84%$0.043.76%
0KBI.LKnorr-Bremse AG1.84%$1.7566.92%
300866.SZAnker Innovations Limited1.84%$2.1043.92%
4013.SRDr. Sulaiman Al Habib Medical Services Group Company1.84%$4.7270.08%