Discounted Cash Flow
Ambev S.A. ADR
—
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $8.9b | $2.4b | — | 27.5% | $0.80 |
| 2017 | $9.3b (5.0%) | $1.4b (-41.6%) | — | 15.3% (-44.4%) | $0.47 (-41.3%) |
| 2018 | $9.8b (4.9%) | $2.2b (50.4%) | $2.9b | 21.9% (43.4%) | $0.70 (49.2%) |
| 2019 | $10.3b (4.7%) | $2.3b (6.9%) | $3.6b (23.8%) | 22.4% (2.0%) | $0.75 (6.8%) |
| 2020 | $11.4b (11.0%) | $2.2b (-3.4%) | — | 19.5% (-13.0%) | $0.72 (-3.4%) |
| 2021 | $14.2b (24.8%) | $2.5b (11.4%) | $4.5b | 17.4% (-10.8%) | $0.81 (11.3%) |
| 2022 | $15.6b (9.4%) | $2.8b (14.1%) | $4.0b (-9.9%) | 18.1% (4.3%) | $0.92 (14.1%) |
| 2023 | $15.6b (0.0%) | $2.8b (0.3%) | $3.7b (-9.4%) | 18.2% (0.3%) | $0.92 (0.3%) |
| 2024 | $17.5b (12.2%) | $2.8b (-0.4%) | $4.8b (30.3%) | 16.1% (-11.3%) | $0.92 (-0.4%) |
| 2025 | $17.2b (-1.4%) | $3.0b (7.4%) | $3.9b (-18.5%) | 17.6% (8.9%) | $0.99 (8.2%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in BRL. Values above are converted to USD for comparison with the US-listed share price.
Values abbreviated: b = billions, m = millions, k = thousands.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Net debt deduction: —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.