ABEV vs FLEX

Comparison between Ambev S.A. (ABEV, Company) and Flex Ltd (FLEX, Company).

ABEV is from the Consumer Defensive sector, while FLEX is from the Technology sector.

5-Year PerformanceFLEX has outperformed ABEV, delivering a return of +68.7% compared to +4.9%

ABEV vs FLEX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	ABEV(COMPANY)	FLEX(COMPANY)
Market Cap	$48B	$47B
Max Drawdown	80.85%	96.37%
Sharpe Ratio	1.16	1.59
5Y Beta	N/A	1.90
Industry	Beverages - Brewers	Electronic Components
P/E Ratio	16.29	54.07
Forward P/E	14.95	25.77
PEG Ratio	0.93	0.16
Dividend Yield	5.58%	N/A
5Y Dividends CAGR	11.32%	N/A
5Y EPS CAGR	4.22%	14.05%
Debt to Equity	3.45%	72.92%
Free Cash Flow Yield	8.68%	2.23%
P/S Ratio	0.53	1.74
P/B Ratio	2.69	9.22

Market Cap

Winner

ABEV

$48B

FLEX

$47B

Max Drawdown

Winner

ABEV

80.85%

FLEX

96.37%

Sharpe Ratio

ABEV

1.16

Winner

FLEX

1.59

5Y Beta

ABEV

N/A

FLEX

1.90

Industry

ABEV

Beverages - Brewers

FLEX

Electronic Components

P/E Ratio

Winner

ABEV

16.29

FLEX

54.07

Forward P/E

Winner

ABEV

14.95

FLEX

25.77

PEG Ratio

ABEV

0.93

Winner

FLEX

0.16

Dividend Yield

ABEV

5.58%

FLEX

N/A

5Y Dividends CAGR

ABEV

11.32%

FLEX

N/A

5Y EPS CAGR

ABEV

4.22%

Winner

FLEX

14.05%

Debt to Equity

Winner

ABEV

3.45%

FLEX

72.92%

Free Cash Flow Yield

Winner

ABEV

8.68%

FLEX

2.23%

P/S Ratio

Winner

ABEV

0.53

FLEX

1.74

P/B Ratio

Winner

ABEV

2.69

FLEX

9.22

ABEV vs FLEX - Historical Returns

Returns include dividend reinvestment.

Period	ABEV	FLEX
1 month	-0.66%	-18.24%
3 months	+1.60%	+49.62%
6 months	+17.70%	+91.28%
1 year	+40.66%	+139.05%
5 years(CAGR)	+4.92%	+68.72%
10 years(CAGR)	-2.04%	+32.94%
Max(CAGR)	+12.36%	+10.01%

Winner

ABEV

-0.66%

FLEX

-18.24%

ABEV

+1.60%

Winner

FLEX

+49.62%

ABEV

+17.70%

Winner

FLEX

+91.28%

ABEV

+40.66%

Winner

FLEX

+139.05%

5Y(CAGR)

ABEV

+4.92%

Winner

FLEX

+68.72%

10Y(CAGR)

ABEV

-2.04%

Winner

FLEX

+32.94%

Max(CAGR)

Winner

ABEV

+12.36%

FLEX

+10.01%

ABEV vs FLEX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	ABEV	FLEX
2026	+26.28%	+100.05%
2025	+46.86%	+56.45%
2024	-28.99%	+125.22%
2023	+13.78%	+41.28%
2022	+5.28%	+15.50%
2021	-2.11%	+2.52%
2020	-33.62%	+40.69%
2019	+13.79%	+59.95%
2018	-38.71%	-58.26%
2017	+31.05%	+24.93%
2016	+18.76%	+29.40%
2015	-22.93%	+0.99%
2014	-10.76%	+45.01%
2013	-10.94%	+21.79%
2012	+49.02%	+6.52%
2011	+13.14%	-29.60%
2010	+52.54%	+6.66%
2009	+138.49%	+158.31%
2008	-46.75%	-78.03%
2007	+58.01%	+5.88%
2006	+36.00%	+10.17%
2005	-36.47%	-22.67%
2004	+154.83%	-8.17%
2003	+59.49%	+61.75%
2002	-27.12%	-67.23%
2001	-29.96%	-0.58%
2000	+124.08%	+25.97%
1999	+26.13%	+29.87%

ABEV vs FLEX Drawdown Comparison

The maximum drawdown for ABEV was -74.05%, occurring on May 13, 2020. This drawdown has not yet recovered.

The maximum drawdown for FLEX was -96.37%, occurring on Nov 20, 2008. Recovery took 5887 trading sessions.

The current ABEV drawdown is -42.83%. The current FLEX drawdown is -21.40%.

Rank	ABEV	FLEX
#1	-74.05% Feb 19, 2013 - May 13, 2020	-96.37% Sep 6, 2000 - Feb 1, 2024
#2	-61.23% Feb 28, 2008 - Oct 6, 2009	-40.73% Mar 28, 2000 - Jul 13, 2000
#3	-60.24% Feb 2, 2001 - Mar 1, 2004	-39.99% Jan 22, 2025 - Jun 17, 2025
#4	-58.91% Jan 3, 2005 - Mar 21, 2007	-26.42% Jun 30, 2026 - Jul 17, 2026
#5	-25.71% Jul 23, 2007 - Oct 5, 2007	-18.38% Dec 10, 2025 - Apr 8, 2026
#6	-24.41% Oct 31, 2007 - Feb 28, 2008	-17.54% Oct 29, 2025 - Dec 8, 2025
#7	-21.59% Apr 20, 2012 - Dec 3, 2012	-17.36% Jul 17, 2000 - Sep 5, 2000
#8	-21.30% Jul 5, 2011 - Aug 31, 2011	-16.81% May 30, 2024 - Sep 26, 2024
#9	-18.80% Jan 3, 2011 - Apr 21, 2011	-14.85% Mar 10, 2000 - Mar 24, 2000
#10	-17.81% Aug 31, 2011 - Dec 7, 2011	-14.24% Jan 24, 2000 - Feb 9, 2000
#11	-14.76% Jan 8, 2010 - Jun 17, 2010	-14.03% Mar 6, 2024 - May 22, 2024
#12	-10.97% Apr 18, 2000 - Jun 30, 2000	-13.86% Jun 3, 2026 - Jun 30, 2026
#13	-10.57% Oct 19, 2009 - Nov 9, 2009	-12.95% May 11, 2026 - May 27, 2026
#14	-9.43% Jun 18, 2007 - Jul 12, 2007	-12.50% Feb 9, 2000 - Feb 23, 2000
#15	-8.42% Mar 9, 2004 - Apr 30, 2004	-11.78% Dec 13, 1999 - Jan 14, 2000

Correlation

Correlation between ABEV and FLEX is 0.02 which considered as a very weak or no correlation - the stocks move independently of each other.

0.02

-101

Dividend Comparison (1999 - 2026)

ABEV vs FLEX dividend yield comparison.

Year	ABEV	FLEX
2026	0.30%	0.00%
2025	8.10%	0.00%
2024	6.10%	21.00%
2023	5.26%	0.00%
2022	5.36%	0.00%
2021	4.38%	0.00%
2020	2.67%	0.00%
2019	2.51%	0.00%
2018	3.79%	0.00%
2017	2.57%	0.00%
2016	3.41%	0.00%
2015	4.32%	0.00%
2014	4.91%	0.00%
2013	1.76%	0.00%
2012	3.10%	0.00%
2011	3.68%	0.00%
2010	3.69%	0.00%
2009	3.62%	0.00%
2008	4.03%	0.00%
2007	1.31%	0.00%
2006	2.66%	0.00%
2005	2.21%	0.00%
2004	0.29%	0.00%
2003	0.78%	0.00%
2002	1.10%	0.00%
2001	1.37%	0.00%
2000	1.20%	0.00%
1999	1.37%	0.00%