Is ABEV or SAM more undervalued in 2026?

CirclFi compares Ambev S.A. (ABEV) and Boston Beer Company, Inc. (The) (SAM) using 13 institutional-grade valuation models. ABEV has a Quality of Company score of 8.6/10 while SAM scores 7.8/10.

Which is a better buy — ABEV or SAM?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do ABEV and SAM valuations compare?

ABEV at $3.20 and SAM at $180.45 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

ABEV vs SAM Valuation Comparison 2026 — Intrinsic Value Analysis

ABEV

Beverages - Brewers

Ambev S.A.

Quality

8.6

out of 10

Value Trap

—

Price

$3.20

Last close

Models

12/13

Active

SAM

Beverages - Brewers

Boston Beer Company, Inc. (The)

Quality

7.8

out of 10

Value Trap

—

Price

$180.45

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	ABEV Fair Value	ABEV Upside	SAM Fair Value	SAM Upside
Bayesian DCF	Intrinsic	$1.69	-47.2%	$246.26	+36.5%
Earnings Power Value	Intrinsic	$3.67	+14.6%	$65.60	-63.6%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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ABEV vs SAM — Which Stock Is More Undervalued?

ABEV scores higher with a 8.6/10 quality rating vs SAM's 7.8/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Ambev S.A. (ABEV) and Boston Beer Company, Inc. (The) (SAM) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

ABEV currently trades at $3.20 with a QOC of 8.6/10, while SAM trades at $180.45 with a QOC of 7.8/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).