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ABEV vs. KO: Ambev vs. Coca-Cola Stock Comparison

How do Ambev (ABEV) and Coca-Cola (KO) 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 Coca-Cola (KO) both belong to the Beverages industry, though ABEV is classified under Brewers while KO falls under Soft Drinks & Non-alcoholic Beverages.

Coca-Cola (KO) 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.

Company profile comparison for Ambev (ABEV) and Coca-Cola (KO)
Profile ItemABEVKO
NameAmbev S.A. ADRThe Coca-Cola Company
Country/RegionBrazilUnited States
GICS SectorConsumer StaplesConsumer Staples
GICS Industry GroupFood, Beverage & TobaccoFood, Beverage & Tobacco
GICS IndustryBeveragesBeverages
GICS Sub-IndustryBrewersSoft Drinks & Non-alcoholic Beverages
Market Capitalization43.01 billion USD411.56 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 5, 1997January 2, 1962
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

ABEV
KO
GSPC
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Ambev (ABEV) vs. Coca-Cola (KO), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Ambev (ABEV) and Coca-Cola (KO). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Ambev (ABEV) and Coca-Cola (KO). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Total Return (1Y)15.68%39.33%
Total Return (3Y, Annualized)5.87%22.59%
Total Return (5Y, Annualized)1.96%14.43%

Risk Profile

Drawdown History

ABEV
KO
GSPC
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Ambev (ABEV) vs. Coca-Cola (KO), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Ambev (ABEV) and Coca-Cola (KO). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Volatility (1Y, Annualized)35.89%18.90%
Beta (5Y)0.560.27
Max Drawdown (5Y)-38.91%-17.27%
Avg. Volume (3M)26.44M16.05M

Risk-Adjusted Performance

Risk-Return Positioning

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ABEV and KO are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Sharpe Ratio (1Y)0.321.85
Sortino Ratio (1Y)0.473.17

Profitability

ROE (TTM)

Both companies show strong equity returns, but Coca-Cola (KO) at 40.59% 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%

KO

Food, Beverage & Tobacco industry group

40.59%

KO
40.59%
Max
32.02%
Q3
16.61%
Median
10.05%
Q1
4.10%
Min
-10.50%
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their ROE against the Food, Beverage & Tobacco industry group benchmark.

Net Margin (TTM)

Coca-Cola (KO) at 28.65% keeps the most of each sales dollar — above its industry’s net margin range — and Ambev (ABEV) at 17.69% also retains a top-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%

KO

Food, Beverage & Tobacco industry group

28.65%

KO
28.65%
Max
24.83%
Q3
11.22%
Median
5.94%
Q1
2.05%
Min
-11.49%
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their net margin against the Food, Beverage & Tobacco industry group benchmark.

Operating Margin (TTM)

Both Ambev (ABEV) at 25.56% and Coca-Cola (KO) at 33.36% 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%

KO

Food, Beverage & Tobacco industry group

33.36%

Max
34.91%
KO
33.36%
Q3
17.57%
Median
11.06%
Q1
4.15%
Min
-15.06%
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their operating margin against the Food, Beverage & Tobacco industry group benchmark.

Profitability Metrics

Profitability metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
ROE (TTM)17.65%40.59%
ROA (TTM)10.27%9.59%
Net Margin (TTM)17.69%28.65%
Operating Margin (TTM)25.56%33.36%
Gross Margin (TTM)51.78%62.32%

Growth

Revenue Growth

Coca-Cola (KO) at 1.87% 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.

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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their Revenue Growth across different time periods.

EPS Growth

Coca-Cola (KO) at 23.58% sits in the top EPS growth quartile, while Ambev (ABEV) at 2.20% is closer to the peer norm — faster per-share earnings growth for KO.

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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Revenue Growth (YoY)-1.35%1.87%
Revenue Growth (3Y CAGR)3.45%3.69%
EPS Growth (YoY)2.20%23.58%
EPS Growth (3Y CAGR)0.00%11.55%

Financial Strength

Current Ratio (MRQ)

Both Ambev (ABEV) at 1.06 and Coca-Cola (KO) at 1.38 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

KO

Food, Beverage & Tobacco industry group

1.38

Max
4.01
Q3
2.35
Median
1.53
KO
1.38
Q1
1.02
Min
0.33
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their current ratio against the Food, Beverage & Tobacco industry group benchmark.

Debt / Equity (MRQ)

Ambev (ABEV) at 0.03 keeps leverage in the lower industry quartile, while Coca-Cola (KO) at 1.07 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

KO

Food, Beverage & Tobacco industry group

1.07

Max
2.19
Q3
1.11
KO
1.07
Median
0.68
Q1
0.33
Min
0.00
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their debt-to-equity ratio against the Food, Beverage & Tobacco industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Current Ratio (MRQ)1.061.38
Debt / Equity (MRQ)0.031.07
Net Debt / EBITDA-0.721.48

Dividends

Dividend Yield (TTM)

Coca-Cola (KO) at 2.19% 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%

KO

Food, Beverage & Tobacco industry group

2.19%

Max
9.38%
Q3
3.77%
KO
2.19%
Median
1.76%
Q1
0.00%
Min
0.00%
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their dividend yield against the Food, Beverage & Tobacco industry group benchmark.

Dividend Payout Ratio (TTM)

Both Ambev (ABEV) at 74.21% and Coca-Cola (KO) at 61.95% 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%

KO

Food, Beverage & Tobacco industry group

61.95%

Max
199.19%
Q3
81.03%
KO
61.95%
Median
41.52%
Q1
0.00%
Min
0.00%
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their payout ratio against the Food, Beverage & Tobacco industry group benchmark.

Dividend Metrics

Dividend metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
Dividend Yield (TTM)9.64%2.19%
Dividend Payout Ratio (TTM)74.21%61.95%

Valuation

P/E Ratio (TTM)

Both Ambev (ABEV) at 14.68 and Coca-Cola (KO) at 28.22 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

KO

Food, Beverage & Tobacco industry group

28.22

Max
52.52
Q3
30.78
KO
28.22
Median
18.76
Q1
12.77
Min
4.72
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their P/E ratio against the Food, Beverage & Tobacco industry group benchmark.

P/S Ratio (TTM)

Ambev (ABEV) at 0.48 sits in the cheaper P/S ratio quartile while Coca-Cola (KO) at 8.06 prices above its industry range — a wide gap in sales valuation between them.

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

KO

Food, Beverage & Tobacco industry group

8.06

KO
8.06
Max
4.64
Q3
2.27
Median
1.17
Q1
0.52
Min
0.00
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Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their P/S ratio against the Food, Beverage & Tobacco industry group benchmark.

P/B Ratio (MRQ)

Ambev (ABEV) at 2.38 sits near its industry’s typical P/B ratio, while Coca-Cola (KO) at 11.01 prices above its benchmark range — KO 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

KO

Food, Beverage & Tobacco industry group

11.01

KO
11.01
Max
6.35
Q3
3.07
Median
1.58
Q1
0.82
Min
0.00
Loading chart…
Ambev (ABEV) vs. Coca-Cola (KO): A comparison of their P/B ratio against the Food, Beverage & Tobacco industry group benchmark.

Valuation Metrics

Valuation metrics for Ambev (ABEV) and Coca-Cola (KO)
MetricABEVKO
P/E Ratio (TTM)14.6828.22
P/S Ratio (TTM)0.488.06
P/B Ratio (MRQ)2.3811.01
Free Cash Flow Yield (TTM)48.96%1.06%