ABEV vs. STZ: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at ABEV and STZ, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Overview
ABEV’s market capitalization stands at 38.65 billion USD, while STZ’s is 30.48 billion USD, indicating their market valuations are broadly comparable.
STZ carries a higher beta at 0.70, indicating it’s more sensitive to market moves, while ABEV (beta: 0.35) exhibits greater stability.
ABEV trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, STZ is a standard domestic listing.
| Symbol | ABEV | STZ |
|---|---|---|
| Company Name | Ambev S.A. | Constellation Brands, Inc. |
| Country | BR | US |
| Sector | Consumer Defensive | Consumer Defensive |
| Industry | Beverages - Alcoholic | Beverages - Wineries & Distilleries |
| CEO | Carlos Eduardo Klutzenschell Lisboa | William A. Newlands |
| Price | 2.47 USD | 172.32 USD |
| Market Cap | 38.65 billion USD | 30.48 billion USD |
| Beta | 0.35 | 0.70 |
| Exchange | NYSE | NYSE |
| IPO Date | March 5, 1997 | March 17, 1992 |
| ADR | Yes | No |
Historical Performance
This chart compares the performance of ABEV and STZ 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.
Profitability
Return on Equity
ABEV
14.93%
Beverages - Alcoholic Industry
- Max
- 14.93%
- Q3
- 11.65%
- Median
- 9.82%
- Q1
- 7.98%
- Min
- 7.40%
In the upper quartile for the Beverages - Alcoholic industry, ABEV’s Return on Equity of 14.93% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.
STZ
-0.99%
Beverages - Wineries & Distilleries Industry
- Max
- 35.39%
- Q3
- 26.24%
- Median
- 12.22%
- Q1
- 0.68%
- Min
- -0.99%
STZ has a negative Return on Equity of -0.99%. This indicates the company is generating a loss for its shareholders, which can be a result of unprofitability or negative shareholder equity and is often a sign of financial distress.
Return on Invested Capital
ABEV
15.16%
Beverages - Alcoholic Industry
- Max
- 8.96%
- Q3
- 8.78%
- Median
- 7.43%
- Q1
- 6.60%
- Min
- 6.50%
ABEV’s Return on Invested Capital of 15.16% is exceptionally high, placing it well beyond the typical range for the Beverages - Alcoholic industry. This demonstrates an outstanding ability to deploy capital efficiently and create significant value.
STZ
0.64%
Beverages - Wineries & Distilleries Industry
- Max
- 12.16%
- Q3
- 11.54%
- Median
- 6.24%
- Q1
- 1.03%
- Min
- 0.64%
STZ’s Return on Invested Capital of 0.64% is in the lower quartile for the Beverages - Wineries & Distilleries industry. This indicates a less efficient conversion of invested capital into profit compared to most of its competitors.
Net Profit Margin
ABEV
15.74%
Beverages - Alcoholic Industry
- Max
- 15.74%
- Q3
- 11.09%
- Median
- 7.37%
- Q1
- 4.71%
- Min
- 3.46%
A Net Profit Margin of 15.74% places ABEV in the upper quartile for the Beverages - Alcoholic industry, signifying strong profitability and more effective cost management than most of its peers.
STZ
-0.80%
Beverages - Wineries & Distilleries Industry
- Max
- 21.86%
- Q3
- 18.81%
- Median
- 9.72%
- Q1
- 1.03%
- Min
- -0.80%
STZ has a negative Net Profit Margin of -0.80%, indicating the company is operating at a net loss as its expenses exceeded its revenues.
Operating Profit Margin
ABEV
24.12%
Beverages - Alcoholic Industry
- Max
- 26.22%
- Q3
- 21.64%
- Median
- 11.53%
- Q1
- 8.73%
- Min
- 4.73%
An Operating Profit Margin of 24.12% places ABEV in the upper quartile for the Beverages - Alcoholic industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.
STZ
3.33%
Beverages - Wineries & Distilleries Industry
- Max
- 28.89%
- Q3
- 28.11%
- Median
- 17.76%
- Q1
- 6.58%
- Min
- 3.33%
STZ’s Operating Profit Margin of 3.33% is in the lower quartile for the Beverages - Wineries & Distilleries industry. This indicates weaker profitability from core operations, which may stem from inefficiencies or competitive pressures on pricing.
Profitability at a Glance
| Symbol | ABEV | STZ |
|---|---|---|
| Return on Equity (TTM) | 14.93% | -0.99% |
| Return on Assets (TTM) | 9.80% | -0.38% |
| Return on Invested Capital (TTM) | 15.16% | 0.64% |
| Net Profit Margin (TTM) | 15.74% | -0.80% |
| Operating Profit Margin (TTM) | 24.12% | 3.33% |
| Gross Profit Margin (TTM) | 50.61% | 51.90% |
Financial Strength
Current Ratio
ABEV
1.11
Beverages - Alcoholic Industry
- Max
- 2.16
- Q3
- 1.70
- Median
- 1.37
- Q1
- 0.95
- Min
- 0.70
ABEV’s Current Ratio of 1.11 aligns with the median group of the Beverages - Alcoholic industry, indicating that its short-term liquidity is in line with its sector peers.
STZ
0.92
Beverages - Wineries & Distilleries Industry
- Max
- 3.88
- Q3
- 3.10
- Median
- 2.22
- Q1
- 1.43
- Min
- 0.92
STZ’s Current Ratio of 0.92 falls into the lower quartile for the Beverages - Wineries & Distilleries industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.
Debt-to-Equity Ratio
ABEV
0.03
Beverages - Alcoholic Industry
- Max
- 0.92
- Q3
- 0.90
- Median
- 0.66
- Q1
- 0.16
- Min
- 0.03
Falling into the lower quartile for the Beverages - Alcoholic 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.
STZ
1.76
Beverages - Wineries & Distilleries Industry
- Max
- 2.11
- Q3
- 1.85
- Median
- 1.22
- Q1
- 0.61
- Min
- 0.37
STZ’s Debt-to-Equity Ratio of 1.76 is typical for the Beverages - Wineries & Distilleries industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio
ABEV
10.02
Beverages - Alcoholic Industry
- Max
- 10.02
- Q3
- 10.02
- Median
- 3.93
- Q1
- 3.73
- Min
- 3.32
ABEV’s Interest Coverage Ratio of 10.02 is positioned comfortably within the norm for the Beverages - Alcoholic industry, indicating a standard and healthy capacity to cover its interest payments.
STZ
0.83
Beverages - Wineries & Distilleries Industry
- Max
- 9.07
- Q3
- 8.13
- Median
- 7.62
- Q1
- 5.77
- Min
- 2.23
STZ’s Interest Coverage Ratio of 0.83 is a critical concern. A value below 1.0 means operating earnings are insufficient to cover interest expenses, indicating severe financial strain and high default risk.
Financial Strength at a Glance
| Symbol | ABEV | STZ |
|---|---|---|
| Current Ratio (TTM) | 1.11 | 0.92 |
| Quick Ratio (TTM) | 0.80 | 0.56 |
| Debt-to-Equity Ratio (TTM) | 0.03 | 1.76 |
| Debt-to-Asset Ratio (TTM) | 0.02 | 0.56 |
| Net Debt-to-EBITDA Ratio (TTM) | -0.54 | 15.55 |
| Interest Coverage Ratio (TTM) | 10.02 | 0.83 |
Growth
The following charts compare key year-over-year (YoY) growth metrics for ABEV and STZ. These metrics are based on the companies’ annual financial reports.
Revenue Growth
Earnings Per Share (EPS) Growth
Free Cash Flow Growth
Dividend
Dividend Yield
ABEV
1.89%
Beverages - Alcoholic Industry
- Max
- 1,539.93%
- Q3
- 3.36%
- Median
- 1.63%
- Q1
- 0.78%
- Min
- 0.00%
ABEV’s Dividend Yield of 1.89% is consistent with its peers in the Beverages - Alcoholic industry, providing a dividend return that is standard for its sector.
STZ
2.35%
Beverages - Wineries & Distilleries Industry
- Max
- 4.29%
- Q3
- 3.62%
- Median
- 2.95%
- Q1
- 2.29%
- Min
- 1.61%
STZ’s Dividend Yield of 2.35% is consistent with its peers in the Beverages - Wineries & Distilleries industry, providing a dividend return that is standard for its sector.
Dividend Payout Ratio
ABEV
73.84%
Beverages - Alcoholic Industry
- Max
- 73.84%
- Q3
- 45.81%
- Median
- 33.17%
- Q1
- 7.61%
- Min
- 0.00%
ABEV’s Dividend Payout Ratio of 73.84% is in the upper quartile for the Beverages - Alcoholic industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.
STZ
-899.02%
Beverages - Wineries & Distilleries Industry
- Max
- 98.04%
- Q3
- 89.24%
- Median
- 80.45%
- Q1
- 64.39%
- Min
- 48.33%
STZ has a negative Dividend Payout Ratio of -899.02%. This typically means the company paid a dividend despite reporting a net loss, a situation that may signal financial instability.
Dividend at a Glance
| Symbol | ABEV | STZ |
|---|---|---|
| Dividend Yield (TTM) | 1.89% | 2.35% |
| Dividend Payout Ratio (TTM) | 73.84% | -899.02% |
Valuation
Price-to-Earnings Ratio
ABEV
14.68
Beverages - Alcoholic Industry
- Max
- 29.99
- Q3
- 27.46
- Median
- 17.07
- Q1
- 13.71
- Min
- 9.30
ABEV’s P/E Ratio of 14.68 is within the middle range for the Beverages - Alcoholic industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
STZ
-380.87
Beverages - Wineries & Distilleries Industry
- Max
- 283.34
- Q3
- 171.27
- Median
- 59.20
- Q1
- 36.80
- Min
- 14.39
STZ has a negative P/E Ratio of -380.87. This occurs when a company has negative earnings (a net loss), making the ratio unsuitable for valuation analysis.
Forward P/E to Growth Ratio
ABEV
1.23
Beverages - Alcoholic Industry
- Max
- 2.24
- Q3
- 2.12
- Median
- 1.48
- Q1
- 1.20
- Min
- 1.19
ABEV’s Forward PEG Ratio of 1.23 is within the middle range of its peers in the Beverages - Alcoholic industry. This suggests a reasonable balance between the stock’s price and its expected growth, aligning with sector valuation norms.
STZ
-38.22
Beverages - Wineries & Distilleries Industry
- Max
- 43.98
- Q3
- 24.22
- Median
- 4.45
- Q1
- 3.21
- Min
- 1.97
STZ has a negative Forward PEG Ratio of -38.22. This typically results from negative earnings or forecasts of declining future earnings, making the ratio not meaningful for valuation.
Price-to-Sales Ratio
ABEV
2.31
Beverages - Alcoholic Industry
- Max
- 2.32
- Q3
- 2.30
- Median
- 1.63
- Q1
- 0.89
- Min
- 0.76
ABEV’s P/S Ratio of 2.31 is in the upper echelon for the Beverages - Alcoholic industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
STZ
2.99
Beverages - Wineries & Distilleries Industry
- Max
- 3.18
- Q3
- 2.89
- Median
- 2.41
- Q1
- 1.76
- Min
- 0.97
STZ’s P/S Ratio of 2.99 is in the upper echelon for the Beverages - Wineries & Distilleries industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio
ABEV
2.24
Beverages - Alcoholic Industry
- Max
- 2.39
- Q3
- 2.34
- Median
- 1.97
- Q1
- 1.54
- Min
- 0.74
ABEV’s P/B Ratio of 2.24 is within the conventional range for the Beverages - Alcoholic 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.
STZ
4.50
Beverages - Wineries & Distilleries Industry
- Max
- 66.00
- Q3
- 27.93
- Median
- 3.67
- Q1
- 2.54
- Min
- 0.77
STZ’s P/B Ratio of 4.50 is within the conventional range for the Beverages - Wineries & Distilleries 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.
Valuation at a Glance
| Symbol | ABEV | STZ |
|---|---|---|
| Price-to-Earnings Ratio (P/E, TTM) | 14.68 | -380.87 |
| Forward PEG Ratio (TTM) | 1.23 | -38.22 |
| Price-to-Sales Ratio (P/S, TTM) | 2.31 | 2.99 |
| Price-to-Book Ratio (P/B, TTM) | 2.24 | 4.50 |
| Price-to-Free Cash Flow Ratio (P/FCF, TTM) | 9.61 | 15.73 |
| EV-to-EBITDA (TTM) | 6.68 | 54.92 |
| EV-to-Sales (TTM) | 2.13 | 4.17 |