Latin America’s largest brewer

Ambev is Latin America’s largest brewer, producing and selling globally recognised brands such as Budweiser, Corona, and Brahma.

Headquartered in Brazil, the company generates around 85% of its earnings before interest and taxes from five countries: Brazil, Argentina, the Dominican Republic, Canada, and Bolivia.

In Brazil, Ambev controls approximately 66% of the beer market, operating in a duopoly with Heineken, which holds 26%.

With attractive organic growth prospects, high returns on capital, and a strong balance sheet, Ambev offers substantial upside at current prices.

Ambev trades at a significant discount to its historical averages, offering investors an opportunity to capitalise on both potential share price appreciation and regular income through dividends via their high dividend yield.