ABEV vs. BG: Ambev vs. Bunge Global Stock Comparison
How do Ambev (ABEV) and Bunge Global (BG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Ambev (ABEV) and Bunge Global (BG) both fall under the Food, Beverage & Tobacco industry group, but ABEV is classified in Beverages while BG is classified in Food Products.
Bunge Global (BG) trades as ordinary local shares, while Ambev (ABEV) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | ABEV | BG |
|---|---|---|
| Name | Ambev S.A. ADR | Bunge Global SA |
| Country/Region | Brazil | United States |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Food Products |
| GICS Sub-Industry | Brewers | Agricultural Products & Services |
| Market Capitalization | 43.01 billion USD | 19.04 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 5, 1997 | August 2, 2001 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ABEV | BG |
|---|---|---|
| Total Return (1Y) | 15.68% | 10.44% |
| Total Return (3Y, Annualized) | 5.87% | 2.33% |
| Total Return (5Y, Annualized) | 1.96% | 4.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ABEV | BG |
|---|---|---|
| Volatility (1Y, Annualized) | 35.89% | 30.10% |
| Beta (5Y) | 0.56 | 0.67 |
| Max Drawdown (5Y) | -38.91% | -41.49% |
| Avg. Volume (3M) | 26.44M | 1.68M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ABEV | BG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.32 | 0.20 |
| Sortino Ratio (1Y) | 0.47 | 0.29 |
Profitability
ROE (TTM)
Ambev (ABEV) at 17.65% sits in the top ROE quartile, while Bunge Global (BG) at 6.92% is closer to the peer norm — stronger capital efficiency for ABEV.
ABEV
Food, Beverage & Tobacco industry group
17.65%
- Max
- 32.02%
- ABEV
- 17.65%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
BG
Food, Beverage & Tobacco industry group
6.92%
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- BG
- 6.92%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
Ambev (ABEV) at 17.69% keeps a top-quartile share of each sales dollar as profit, while Bunge Global (BG) at 1.24% keeps a bottom-quartile share.
ABEV
Food, Beverage & Tobacco industry group
17.69%
- Max
- 24.83%
- ABEV
- 17.69%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
BG
Food, Beverage & Tobacco industry group
1.24%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- BG
- 1.24%
- Min
- -11.49%
Operating Margin (TTM)
Ambev (ABEV) at 25.56% carries a top-quartile operating margin, while Bunge Global (BG) at 3.46% operates in the bottom quartile.
ABEV
Food, Beverage & Tobacco industry group
25.56%
- Max
- 34.91%
- ABEV
- 25.56%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
BG
Food, Beverage & Tobacco industry group
3.46%
- Max
- 34.91%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- BG
- 3.46%
- Min
- -15.06%
Profitability Metrics
| Metric | ABEV | BG |
|---|---|---|
| ROE (TTM) | 17.65% | 6.92% |
| ROA (TTM) | 10.27% | 3.26% |
| Net Margin (TTM) | 17.69% | 1.24% |
| Operating Margin (TTM) | 25.56% | 3.46% |
| Gross Margin (TTM) | 51.78% | 5.21% |
Growth
Revenue Growth
Bunge Global (BG) at 32.43% delivers above-range revenue growth, while Ambev (ABEV) at -1.35% falls into the bottom quartile — a wide split in revenue momentum.
EPS Growth
Both Ambev (ABEV) at 2.20% and Bunge Global (BG) at -47.20% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ABEV | BG |
|---|---|---|
| Revenue Growth (YoY) | -1.35% | 32.43% |
| Revenue Growth (3Y CAGR) | 3.45% | 1.51% |
| EPS Growth (YoY) | 2.20% | -47.20% |
| EPS Growth (3Y CAGR) | 0.00% | -26.23% |
Financial Strength
Current Ratio (MRQ)
Both Ambev (ABEV) at 1.06 and Bunge Global (BG) at 1.50 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
ABEV
Food, Beverage & Tobacco industry group
1.06
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- ABEV
- 1.06
- Q1
- 1.02
- Min
- 0.33
BG
Food, Beverage & Tobacco industry group
1.50
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- BG
- 1.50
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Ambev (ABEV) at 0.03 keeps leverage in the lower industry quartile, while Bunge Global (BG) at 1.05 runs a more typical debt-to-equity mix.
ABEV
Food, Beverage & Tobacco industry group
0.03
- Max
- 2.19
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- ABEV
- 0.03
- Min
- 0.00
BG
Food, Beverage & Tobacco industry group
1.05
- Max
- 2.19
- Q3
- 1.11
- BG
- 1.05
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | ABEV | BG |
|---|---|---|
| Current Ratio (MRQ) | 1.06 | 1.50 |
| Debt / Equity (MRQ) | 0.03 | 1.05 |
| Net Debt / EBITDA | -0.72 | 5.14 |
Dividends
Dividend Yield (TTM)
Bunge Global (BG) at 2.90% pays an industry-typical yield; Ambev (ABEV) at 9.64% is above its entire peer range — the higher number, but one that calls for a look at payout sustainability before treating it as an advantage.
ABEV
Food, Beverage & Tobacco industry group
9.64%
- ABEV
- 9.64%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
BG
Food, Beverage & Tobacco industry group
2.90%
- Max
- 9.38%
- Q3
- 3.77%
- BG
- 2.90%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ambev (ABEV) at 74.21% and Bunge Global (BG) at 48.80% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
ABEV
Food, Beverage & Tobacco industry group
74.21%
- Max
- 199.19%
- Q3
- 81.03%
- ABEV
- 74.21%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
BG
Food, Beverage & Tobacco industry group
48.80%
- Max
- 199.19%
- Q3
- 81.03%
- BG
- 48.80%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ABEV | BG |
|---|---|---|
| Dividend Yield (TTM) | 9.64% | 2.90% |
| Dividend Payout Ratio (TTM) | 74.21% | 48.80% |
Valuation
P/E Ratio (TTM)
Both Ambev (ABEV) at 14.68 and Bunge Global (BG) at 17.03 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
ABEV
Food, Beverage & Tobacco industry group
14.68
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- ABEV
- 14.68
- Q1
- 12.77
- Min
- 4.72
BG
Food, Beverage & Tobacco industry group
17.03
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- BG
- 17.03
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Both Ambev (ABEV) at 0.48 and Bunge Global (BG) at 0.20 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
ABEV
Food, Beverage & Tobacco industry group
0.48
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- ABEV
- 0.48
- Min
- 0.00
BG
Food, Beverage & Tobacco industry group
0.20
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- BG
- 0.20
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Ambev (ABEV) at 2.38 and Bunge Global (BG) at 1.17 are valued close to their industries’ norm against book — neither stands out from peers.
ABEV
Food, Beverage & Tobacco industry group
2.38
- Max
- 6.35
- Q3
- 3.07
- ABEV
- 2.38
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
BG
Food, Beverage & Tobacco industry group
1.17
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- BG
- 1.17
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | ABEV | BG |
|---|---|---|
| P/E Ratio (TTM) | 14.68 | 17.03 |
| P/S Ratio (TTM) | 0.48 | 0.20 |
| P/B Ratio (MRQ) | 2.38 | 1.17 |
| Free Cash Flow Yield (TTM) | 48.96% | -15.84% |