ABEV vs. HSY: Ambev vs. Hershey Stock Comparison
How do Ambev (ABEV) and Hershey (HSY) 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 Hershey (HSY) both fall under the Food, Beverage & Tobacco industry group, but ABEV is classified in Beverages while HSY is classified in Food Products.
Hershey (HSY) 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 | HSY |
|---|---|---|
| Name | Ambev S.A. ADR | The Hershey Company Common Stock |
| 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 | Packaged Foods & Meats |
| Market Capitalization | 43.01 billion USD | 35.79 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 5, 1997 | March 17, 1980 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Total Return (1Y) | 15.68% | 3.76% |
| Total Return (3Y, Annualized) | 5.87% | -0.13% |
| Total Return (5Y, Annualized) | 1.96% | 2.04% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Volatility (1Y, Annualized) | 35.89% | 27.95% |
| Beta (5Y) | 0.56 | 0.07 |
| Max Drawdown (5Y) | -38.91% | -45.25% |
| Avg. Volume (3M) | 26.44M | 1.48M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.32 | -0.02 |
| Sortino Ratio (1Y) | 0.47 | -0.03 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but Hershey (HSY) at 38.00% is the standout with ROE above its industry range; Ambev (ABEV) at 17.65% also sits in the top quartile.
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%
HSY
Food, Beverage & Tobacco industry group
38.00%
- HSY
- 38.00%
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
For every dollar of sales, both Ambev (ABEV) at 17.69% and Hershey (HSY) at 14.63% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
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%
HSY
Food, Beverage & Tobacco industry group
14.63%
- Max
- 24.83%
- HSY
- 14.63%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both Ambev (ABEV) at 25.56% and Hershey (HSY) at 25.55% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
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%
HSY
Food, Beverage & Tobacco industry group
25.55%
- Max
- 34.91%
- HSY
- 25.55%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | ABEV | HSY |
|---|---|---|
| ROE (TTM) | 17.65% | 38.00% |
| ROA (TTM) | 10.27% | 11.82% |
| Net Margin (TTM) | 17.69% | 14.63% |
| Operating Margin (TTM) | 25.56% | 25.55% |
| Gross Margin (TTM) | 51.78% | 41.95% |
Growth
Revenue Growth
Hershey (HSY) at 4.38% is around its peer norm for revenue growth, while Ambev (ABEV) at -1.35% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
Ambev (ABEV) at 2.20% is around its peer norm for EPS growth, while Hershey (HSY) at -60.26% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Revenue Growth (YoY) | -1.35% | 4.38% |
| Revenue Growth (3Y CAGR) | 3.45% | 3.92% |
| EPS Growth (YoY) | 2.20% | -60.26% |
| EPS Growth (3Y CAGR) | 0.00% | -18.31% |
Financial Strength
Current Ratio (MRQ)
Both Ambev (ABEV) at 1.06 and Hershey (HSY) at 1.24 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
HSY
Food, Beverage & Tobacco industry group
1.24
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- HSY
- 1.24
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Ambev (ABEV) at 0.03 keeps leverage in the lower industry quartile, while Hershey (HSY) at 1.11 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
HSY
Food, Beverage & Tobacco industry group
1.11
- Max
- 2.19
- HSY
- 1.11
- Q3
- 1.11
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Current Ratio (MRQ) | 1.06 | 1.24 |
| Debt / Equity (MRQ) | 0.03 | 1.11 |
| Net Debt / EBITDA | -0.72 | 1.52 |
Dividends
Dividend Yield (TTM)
Hershey (HSY) at 3.23% 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%
HSY
Food, Beverage & Tobacco industry group
3.23%
- Max
- 9.38%
- Q3
- 3.77%
- HSY
- 3.23%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Ambev (ABEV) at 74.21% and Hershey (HSY) at 64.77% 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%
HSY
Food, Beverage & Tobacco industry group
64.77%
- Max
- 199.19%
- Q3
- 81.03%
- HSY
- 64.77%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ABEV | HSY |
|---|---|---|
| Dividend Yield (TTM) | 9.64% | 3.23% |
| Dividend Payout Ratio (TTM) | 74.21% | 64.77% |
Valuation
P/E Ratio (TTM)
Both Ambev (ABEV) at 14.68 and Hershey (HSY) at 20.14 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
HSY
Food, Beverage & Tobacco industry group
20.14
- Max
- 52.52
- Q3
- 30.78
- HSY
- 20.14
- Median
- 18.76
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Ambev (ABEV) at 0.48 looks cheap on sales in the lower P/S ratio quartile, while Hershey (HSY) at 2.92 looks rich in the upper quartile — a clear gap in price per dollar of revenue.
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
HSY
Food, Beverage & Tobacco industry group
2.92
- Max
- 4.64
- HSY
- 2.92
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
P/B Ratio (MRQ)
Ambev (ABEV) at 2.38 sits near its industry’s typical P/B ratio, while Hershey (HSY) at 7.34 prices above its benchmark range — HSY looks rich relative to book.
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
HSY
Food, Beverage & Tobacco industry group
7.34
- HSY
- 7.34
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | ABEV | HSY |
|---|---|---|
| P/E Ratio (TTM) | 14.68 | 20.14 |
| P/S Ratio (TTM) | 0.48 | 2.92 |
| P/B Ratio (MRQ) | 2.38 | 7.34 |
| Free Cash Flow Yield (TTM) | 48.96% | 4.67% |