GRUPO CARSO, S.A.B. DE C.V. |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 142.9 MXN | +0.82% |
|
+3.24% | -24.63% |
| 23/04 | Transcript : Grupo Carso, S.A.B. de C.V., Q1 2024 Earnings Call, Apr 23, 2024 | |
| 23/04 | Grupo Carso, S.A.B. de C.V. Reports Earnings Results for the First Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,59,170 | 1,50,536 | 1,49,275 | 1,83,900 | 4,27,929 | 3,22,466 | - | - |
| Enterprise Value (EV) 1 | 1,61,911 | 1,65,096 | 1,68,772 | 1,83,900 | 4,63,075 | 3,53,745 | 3,41,172 | 3,22,466 |
| P/E ratio | 19.5 x | 26.1 x | 13.3 x | 9.52 x | 31.3 x | 22.3 x | 15.7 x | 10.7 x |
| Yield | 1.37% | - | 1.51% | - | - | 0.47% | 0.86% | 3.11% |
| Capitalization / Revenue | 1.55 x | 1.59 x | 1.19 x | 1.01 x | 2.16 x | 1.46 x | 1.35 x | 1.17 x |
| EV / Revenue | 1.58 x | 1.74 x | 1.35 x | 1.01 x | 2.33 x | 1.61 x | 1.43 x | 1.17 x |
| EV / EBITDA | 11.2 x | 14.7 x | 10.5 x | 5.87 x | 15.3 x | 11.4 x | 9.05 x | 6.87 x |
| EV / FCF | - | 26.9 x | - | - | 55.6 x | 36.8 x | 29.8 x | 33.2 x |
| FCF Yield | - | 3.72% | - | - | 1.8% | 2.72% | 3.35% | 3.02% |
| Price to Book | - | - | - | - | - | - | - | - |
| Nbr of stocks (in thousands) | 22,79,713 | 22,67,789 | 22,55,249 | 22,48,991 | 22,57,128 | 22,56,586 | - | - |
| Reference price 2 | 69.82 | 66.38 | 66.19 | 81.77 | 189.6 | 142.9 | 142.9 | 142.9 |
| Announcement Date | 20/02/20 | 15/02/21 | 01/02/22 | 01/02/23 | 29/01/24 | - | - | - |
1MXN in Million2MXN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,02,478 | 94,684 | 1,24,926 | 1,81,539 | 1,98,461 | 2,20,325 | 2,38,741 | 2,75,437 |
| EBITDA 1 | 14,481 | 11,206 | 16,049 | 31,324 | 30,278 | 31,119 | 37,688 | 46,909 |
| EBIT 1 | 11,453 | 7,768 | 13,307 | 26,292 | 24,415 | 25,949 | 31,257 | 39,483 |
| Operating Margin | 11.18% | 8.2% | 10.65% | 14.48% | 12.3% | 11.78% | 13.09% | 14.33% |
| Earnings before Tax (EBT) 1 | 11,964 | 9,229 | 15,202 | 24,523 | 19,627 | 26,487 | 31,551 | - |
| Net income 1 | 8,173 | 5,777 | 11,238 | 19,332 | 13,636 | 13,953 | 20,408 | 30,083 |
| Net margin | 7.97% | 6.1% | 9% | 10.65% | 6.87% | 6.33% | 8.55% | 10.92% |
| EPS 2 | 3.580 | 2.540 | 4.960 | 8.590 | 6.050 | 6.400 | 9.123 | 13.33 |
| Free Cash Flow 1 | - | 6,142 | - | - | 8,322 | 9,611 | 11,436 | 9,727 |
| FCF margin | - | 6.49% | - | - | 4.19% | 4.36% | 4.79% | 3.53% |
| FCF Conversion (EBITDA) | - | 54.81% | - | - | 27.49% | 30.88% | 30.34% | 20.74% |
| FCF Conversion (Net income) | - | 106.32% | - | - | 61.03% | 68.88% | 56.04% | 32.33% |
| Dividend per Share 2 | 0.9600 | - | 1.000 | - | - | 0.6700 | 1.235 | 4.450 |
| Announcement Date | 20/02/20 | 15/02/21 | 01/02/22 | 01/02/23 | 29/01/24 | - | - | - |
1MXN in Million2MXN
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|---|---|
| Net sales 1 | 37,866 | 34,544 | 49,198 | 49,021 | 48,278 | 45,728 |
| EBITDA 1 | 4,819 | 4,766 | 6,732 | 7,561 | 7,673 | 7,083 |
| EBIT | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - |
| Earnings before Tax (EBT) | - | - | - | - | - | - |
| Net income 1 | 4,046 | 3,037 | 3,427 | 3,870 | 3,454 | 2,817 |
| Net margin | 10.69% | 8.79% | 6.97% | 7.89% | 7.15% | 6.16% |
| EPS 2 | 1.790 | 1.350 | 1.520 | 1.720 | 1.540 | 1.250 |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 01/02/22 | 25/04/22 | 25/07/22 | 25/04/23 | 24/07/23 | 23/10/23 |
1MXN in Million2MXN
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,741 | 14,560 | 19,497 | - | 35,146 | 31,279 | 18,706 | - |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 0.1893 x | 1.299 x | 1.215 x | - | 1.161 x | 1.005 x | 0.4963 x | - |
| Free Cash Flow 1 | - | 6,142 | - | - | 8,322 | 9,611 | 11,436 | 9,727 |
| ROE (net income / shareholders' equity) | 9.55% | 6.47% | 11.4% | - | 10.9% | 9.3% | 9.9% | - |
| ROA (Net income/ Total Assets) | - | - | - | - | 5.56% | 5.7% | 6.2% | - |
| Assets 1 | - | - | - | - | 2,45,044 | 2,44,789 | 3,29,167 | - |
| Book Value Per Share | - | - | - | - | - | - | - | - |
| Cash Flow per Share 2 | 4.300 | 3.990 | 1.390 | - | 5.950 | 7.290 | - | - |
| Capex 1 | 3,683 | 4,581 | 1,416 | - | 5,077 | 6,974 | 7,764 | 9,726 |
| Capex / Sales | 3.59% | 4.84% | 1.13% | - | 2.56% | 3.17% | 3.25% | 3.53% |
| Announcement Date | 20/02/20 | 15/02/21 | 01/02/22 | 01/02/23 | 29/01/24 | - | - | - |
1MXN in Million2MXN
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
D
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
3
Last Close Price
142.9
MXN
Average target price
134.1
MXN
Spread / Average Target
-6.18%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -24.63% | 18.95B | |
| 0.00% | 239B | |
| +28.62% | 180B | |
| -6.63% | 128B | |
| +42.13% | 87.6B | |
| -6.89% | 72.79B | |
| -11.13% | 53.76B | |
| +41.87% | 38.73B | |
| -28.19% | 37.3B | |
| +71.52% | 31.07B |
- Stock Market
- Equities
- GCARSO A1 Stock
- Financials Grupo Carso, S.A.B. de C.V.