ABEV vs. BTI: A Head-to-Head Stock Comparison

Updated on August 22, 2025

Here’s a clear look at ABEV and BTI, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

Both ABEV and BTI are American Depositary Receipts (ADRs). This provides U.S. investors with straightforward access to investing in these foreign-listed companies.

Symbol	ABEV	BTI
Company Name	Ambev S.A.	British American Tobacco p.l.c.
Country	Brazil	United Kingdom
GICS Sector	Consumer Staples	Consumer Staples
GICS Industry	Beverages	Tobacco
Market Capitalization	35.15 billion USD	129.49 billion USD
Exchange	NYSE	NYSE
Listing Date	March 5, 1997	April 14, 1980
Security Type	ADR	ADR

Historical Performance

This chart compares the performance of ABEV and BTI by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

ABEV vs. BTI: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	ABEV	BTI
5-Day Price Return	-0.41%	0.86%
13-Week Price Return	-15.54%	28.83%
26-Week Price Return	10.13%	36.87%
52-Week Price Return	-7.37%	52.87%
Month-to-Date Return	-3.13%	4.85%
Year-to-Date Return	2.81%	47.08%
10-Day Avg. Volume	30.93M	2.24M
3-Month Avg. Volume	28.81M	3.80M
3-Month Volatility	19.25%	19.28%
Beta	-0.11	0.32

Profitability

Return on Equity (TTM)

ABEV

15.38%

Beverages Industry

Max: 49.46%
Q3: 24.91%
Median: 11.13%
Q1: 5.27%
Min: -5.93%

ABEV’s Return on Equity of 15.38% is on par with the norm for the Beverages industry, indicating its profitability relative to shareholder equity is typical for the sector.

BTI

6.40%

Tobacco Industry

Max: 49.48%
Q3: 49.48%
Median: 7.92%
Q1: 5.28%
Min: 4.04%

BTI’s Return on Equity of 6.40% is on par with the norm for the Tobacco industry, indicating its profitability relative to shareholder equity is typical for the sector.

ABEV vs. BTI: A comparison of their Return on Equity (TTM) against their respective Beverages and Tobacco industry benchmarks.

Net Profit Margin (TTM)

ABEV

16.08%

Beverages Industry

Max: 21.86%
Q3: 12.24%
Median: 8.70%
Q1: 5.33%
Min: -4.40%

A Net Profit Margin of 16.08% places ABEV in the upper quartile for the Beverages industry, signifying strong profitability and more effective cost management than most of its peers.

BTI

12.06%

Tobacco Industry

Max: 21.36%
Q3: 18.49%
Median: 11.05%
Q1: 6.80%
Min: 5.37%

BTI’s Net Profit Margin of 12.06% is aligned with the median group of its peers in the Tobacco industry. This indicates its ability to convert revenue into profit is typical for the sector.

ABEV vs. BTI: A comparison of their Net Profit Margin (TTM) against their respective Beverages and Tobacco industry benchmarks.

Operating Profit Margin (TTM)

ABEV

24.69%

Beverages Industry

Max: 29.32%
Q3: 18.25%
Median: 13.42%
Q1: 10.58%
Min: 0.71%

An Operating Profit Margin of 24.69% places ABEV in the upper quartile for the Beverages industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

BTI

13.86%

Tobacco Industry

Max: 14.35%
Q3: 12.68%
Median: 11.00%
Q1: 10.58%
Min: 10.58%

An Operating Profit Margin of 13.86% places BTI in the upper quartile for the Tobacco industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

ABEV vs. BTI: A comparison of their Operating Profit Margin (TTM) against their respective Beverages and Tobacco industry benchmarks.

Profitability at a Glance

Symbol	ABEV	BTI
Return on Equity (TTM)	15.38%	6.40%
Return on Assets (TTM)	9.85%	2.70%
Net Profit Margin (TTM)	16.08%	12.06%
Operating Profit Margin (TTM)	24.69%	13.86%
Gross Profit Margin (TTM)	51.50%	83.38%

Financial Strength

Current Ratio (MRQ)

ABEV

1.11

Beverages Industry

Max: 3.38
Q3: 1.97
Median: 1.21
Q1: 0.86
Min: 0.53

ABEV’s Current Ratio of 1.11 aligns with the median group of the Beverages industry, indicating that its short-term liquidity is in line with its sector peers.

BTI

0.87

Tobacco Industry

Max: 3.20
Q3: 1.83
Median: 0.83
Q1: 0.72
Min: 0.57

BTI’s Current Ratio of 0.87 aligns with the median group of the Tobacco industry, indicating that its short-term liquidity is in line with its sector peers.

ABEV vs. BTI: A comparison of their Current Ratio (MRQ) against their respective Beverages and Tobacco industry benchmarks.

Debt-to-Equity Ratio (MRQ)

ABEV

0.03

Beverages Industry

Max: 2.11
Q3: 1.23
Median: 0.79
Q1: 0.32
Min: 0.00

Falling into the lower quartile for the Beverages industry, ABEV’s Debt-to-Equity Ratio of 0.03 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.

BTI

0.75

Tobacco Industry

Max: 2.19
Q3: 2.19
Median: 0.74
Q1: 0.26
Min: 0.01

BTI’s Debt-to-Equity Ratio of 0.75 is typical for the Tobacco industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

ABEV vs. BTI: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Beverages and Tobacco industry benchmarks.

Interest Coverage Ratio (TTM)

ABEV

5.64

Beverages Industry

Max: 78.96
Q3: 40.67
Median: 9.62
Q1: 3.59
Min: 0.81

ABEV’s Interest Coverage Ratio of 5.64 is positioned comfortably within the norm for the Beverages industry, indicating a standard and healthy capacity to cover its interest payments.

BTI

-11.45

Tobacco Industry

Max: 36.48
Q3: 28.54
Median: 7.02
Q1: 6.32
Min: -11.45

BTI has a negative Interest Coverage Ratio of -11.45. This indicates that its earnings were insufficient to cover even its operational costs, let alone its interest payments, signaling significant financial distress.

ABEV vs. BTI: A comparison of their Interest Coverage Ratio (TTM) against their respective Beverages and Tobacco industry benchmarks.

Financial Strength at a Glance

Symbol	ABEV	BTI
Current Ratio (MRQ)	1.11	0.87
Quick Ratio (MRQ)	0.78	0.55
Debt-to-Equity Ratio (MRQ)	0.03	0.75
Interest Coverage Ratio (TTM)	5.64	-11.45

Growth

Revenue Growth

ABEV vs. BTI: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

ABEV vs. BTI: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

ABEV

6.65%

Beverages Industry

Max: 6.93%
Q3: 4.51%
Median: 3.09%
Q1: 2.03%
Min: 0.00%

With a Dividend Yield of 6.65%, ABEV offers a more attractive income stream than most of its peers in the Beverages industry, signaling a strong commitment to shareholder returns.

BTI

5.64%

Tobacco Industry

Max: 6.71%
Q3: 6.06%
Median: 5.48%
Q1: 3.91%
Min: 3.27%

BTI’s Dividend Yield of 5.64% is consistent with its peers in the Tobacco industry, providing a dividend return that is standard for its sector.

ABEV vs. BTI: A comparison of their Dividend Yield (TTM) against their respective Beverages and Tobacco industry benchmarks.

Dividend Payout Ratio (TTM)

ABEV

85.75%

Beverages Industry

Max: 143.36%
Q3: 99.22%
Median: 67.03%
Q1: 40.31%
Min: 0.00%

ABEV’s Dividend Payout Ratio of 85.75% is within the typical range for the Beverages industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

BTI

57.82%

Tobacco Industry

Max: 77.64%
Q3: 76.55%
Median: 50.14%
Q1: 47.08%
Min: 42.39%

BTI’s Dividend Payout Ratio of 57.82% is within the typical range for the Tobacco industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

ABEV vs. BTI: A comparison of their Dividend Payout Ratio (TTM) against their respective Beverages and Tobacco industry benchmarks.

Dividend at a Glance

Symbol	ABEV	BTI
Dividend Yield (TTM)	6.65%	5.64%
Dividend Payout Ratio (TTM)	85.75%	57.82%

Valuation

Price-to-Earnings Ratio (TTM)

ABEV

12.89

Beverages Industry

Max: 41.48
Q3: 28.35
Median: 19.09
Q1: 15.36
Min: 3.14

In the lower quartile for the Beverages industry, ABEV’s P/E Ratio of 12.89 suggests the stock may be undervalued compared to its peers, potentially presenting an attractive entry point for investors.

BTI

29.96

Tobacco Industry

Max: 42.16
Q3: 36.45
Median: 20.93
Q1: 10.52
Min: 9.15

BTI’s P/E Ratio of 29.96 is within the middle range for the Tobacco industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

ABEV vs. BTI: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Beverages and Tobacco industry benchmarks.

Price-to-Sales Ratio (TTM)

ABEV

2.07

Beverages Industry

Max: 3.90
Q3: 2.38
Median: 1.54
Q1: 0.84
Min: 0.41

ABEV’s P/S Ratio of 2.07 aligns with the market consensus for the Beverages industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

BTI

3.61

Tobacco Industry

Max: 10.48
Q3: 5.39
Median: 3.32
Q1: 1.54
Min: 0.59

BTI’s P/S Ratio of 3.61 aligns with the market consensus for the Tobacco industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

ABEV vs. BTI: A comparison of their Price-to-Sales Ratio (TTM) against their respective Beverages and Tobacco industry benchmarks.

Price-to-Book Ratio (MRQ)

ABEV

2.27

Beverages Industry

Max: 6.29
Q3: 3.58
Median: 2.19
Q1: 1.68
Min: 0.91

ABEV’s P/B Ratio of 2.27 is within the conventional range for the Beverages industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

BTI

1.62

Tobacco Industry

Max: 4.76
Q3: 4.76
Median: 2.18
Q1: 1.70
Min: 1.06

BTI’s P/B Ratio of 1.62 is in the lower quartile for the Tobacco industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.

ABEV vs. BTI: A comparison of their Price-to-Book Ratio (MRQ) against their respective Beverages and Tobacco industry benchmarks.

Valuation at a Glance

Symbol	ABEV	BTI
Price-to-Earnings Ratio (TTM)	12.89	29.96
Price-to-Sales Ratio (TTM)	2.07	3.61
Price-to-Book Ratio (MRQ)	2.27	1.62
Price-to-Free Cash Flow Ratio (TTM)	8.78	10.68