INDUSTRIAS BACHOCO SAB SP AD (IBA) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:IBA - US4564631087 - ADR
53 USD
-0.98 (-1.82%)
57.96 USD
+4.96 (+9.36%)
We assign a fundamental rating of 7 out of 10 to IBA. IBA was compared to 87 industry peers in the Food Products industry. IBA has an excellent financial health rating, but there are some minor concerns on its profitability. IBA is growing strongly while it also seems undervalued. This is an interesting combination
1. Profitability
1.1 Basic Checks
IBA had positive earnings in the past year.
IBA had a positive operating cash flow in the past year.
1.2 Ratios
With an excellent Return On Assets value of 7.74%, IBA belongs to the best of the industry, outperforming 82.80% of the companies in the same industry.
IBA has a better Return On Equity (10.30%) than 68.82% of its industry peers.
IBA's Return On Invested Capital of 8.78% is amongst the best of the industry. IBA outperforms 83.87% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for IBA is significantly below the industry average of 28.02%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.74% | ||
| ROE | 10.3% | ||
| ROIC | 8.78% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.29%
ROIC(5y)N/A
1.3 Margins
IBA has a better Profit Margin (5.91%) than 70.97% of its industry peers.
In the last couple of years the Profit Margin of IBA has declined.
IBA's Operating Margin of 7.47% is fine compared to the rest of the industry. IBA outperforms 70.97% of its industry peers.
In the last couple of years the Operating Margin of IBA has declined.
IBA has a Gross Margin (16.44%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of IBA has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.47% | ||
| PM (TTM) | 5.91% | ||
| GM | 16.44% |
OM growth 3Y7.93%
OM growth 5Y-3.8%
PM growth 3Y4.16%
PM growth 5Y-3.96%
GM growth 3Y1.17%
GM growth 5Y-1.97%
2. Health
2.1 Basic Checks
IBA has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
IBA has about the same amout of shares outstanding than it did 1 year ago.
IBA has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 4.84 indicates that IBA is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 4.84, IBA belongs to the top of the industry, outperforming 84.95% of the companies in the same industry.
The Debt to FCF ratio of IBA is 0.97, which is an excellent value as it means it would take IBA, only 0.97 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.97, IBA belongs to the top of the industry, outperforming 93.55% of the companies in the same industry.
A Debt/Equity ratio of 0.01 indicates that IBA is not too dependend on debt financing.
IBA has a Debt to Equity ratio of 0.01. This is amongst the best in the industry. IBA outperforms 84.95% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.97 | ||
| Altman-Z | 4.84 |
ROIC/WACC0.65
WACC13.53%
2.3 Liquidity
IBA has a Current Ratio of 3.36. This indicates that IBA is financially healthy and has no problem in meeting its short term obligations.
IBA has a Current ratio of 3.36. This is amongst the best in the industry. IBA outperforms 80.65% of its industry peers.
IBA has a Quick Ratio of 2.44. This indicates that IBA is financially healthy and has no problem in meeting its short term obligations.
Looking at the Quick ratio, with a value of 2.44, IBA belongs to the top of the industry, outperforming 86.02% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.36 | ||
| Quick Ratio | 2.44 |
3. Growth
3.1 Past
IBA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 714.76%, which is quite impressive.
Measured over the past 5 years, IBA shows a small growth in Earnings Per Share. The EPS has been growing by 5.07% on average per year.
The Revenue has grown by 19.74% in the past year. This is quite good.
Measured over the past years, IBA shows a quite strong growth in Revenue. The Revenue has been growing by 9.45% on average per year.
EPS 1Y (TTM)714.76%
EPS 3Y13.96%
EPS 5Y5.07%
EPS Q2Q%1164.61%
Revenue 1Y (TTM)19.74%
Revenue growth 3Y10.2%
Revenue growth 5Y9.45%
Sales Q2Q%25.88%
3.2 Future
IBA is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.09% yearly.
The Revenue is expected to grow by 8.58% on average over the next years. This is quite good.
EPS Next Y35.55%
EPS Next 2Y9.63%
EPS Next 3Y9.56%
EPS Next 5Y8.09%
Revenue Next Year24.45%
Revenue Next 2Y12.86%
Revenue Next 3Y9.99%
Revenue Next 5Y8.58%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
IBA is valuated cheaply with a Price/Earnings ratio of 1.62.
Based on the Price/Earnings ratio, IBA is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
When comparing the Price/Earnings ratio of IBA to the average of the S&P500 Index (27.00), we can say IBA is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.84, the valuation of IBA can be described as very cheap.
96.77% of the companies in the same industry are more expensive than IBA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of IBA to the average of the S&P500 Index (23.70), we can say IBA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
IBA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. IBA is cheaper than 91.40% of the companies in the same industry.
89.25% of the companies in the same industry are more expensive than IBA, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.17 | ||
| EV/EBITDA | 3.64 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.05
PEG (5Y)0.32
EPS Next 2Y9.63%
EPS Next 3Y9.56%
5. Dividend
5.1 Amount
IBA has a Yearly Dividend Yield of 1.93%.
IBA's Dividend Yield is a higher than the industry average which is at 2.40.
Compared to an average S&P500 Dividend Yield of 1.94, IBA has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
5.2 History
The dividend of IBA has a limited annual growth rate of 5.42%.
IBA has been paying a dividend for at least 10 years, so it has a reliable track record.
IBA has decreased its dividend in the last 3 years.
Dividend Growth(5Y)5.42%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
The dividend of IBA is growing, but earnings are growing more, so the dividend growth is sustainable.
DPN/A
EPS Next 2Y9.63%
EPS Next 3Y9.56%
53
-0.98 (-1.82%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners0%
Inst Owner Change0%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap2.65B
Revenue(TTM)86.71B
Net Income(TTM)5.12B
Analysts81.82
Price Target55.47 (4.66%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
Yearly Dividend1.64
Dividend Growth(5Y)5.42%
DPN/A
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)7.54%
Min EPS beat(2)7.54%
Max EPS beat(2)7.54%
EPS beat(4)2
Avg EPS beat(4)7.88%
Min EPS beat(4)-2.91%
Max EPS beat(4)19.02%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)4.66%
Min Revenue beat(2)4.66%
Max Revenue beat(2)4.66%
Revenue beat(4)2
Avg Revenue beat(4)2.3%
Min Revenue beat(4)-0.19%
Max Revenue beat(4)4.66%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-13.97%
PT rev (3m)-9.74%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.1%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.74%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 7.84 | ||
| P/S | 0.55 | ||
| P/FCF | 17.17 | ||
| P/OCF | 7.21 | ||
| P/B | 0.96 | ||
| P/tB | 1.03 | ||
| EV/EBITDA | 3.64 |
EPS(TTM)32.75
EY61.79%
EPS(NY)6.76
Fwd EY12.75%
FCF(TTM)3.09
FCFY5.83%
OCF(TTM)7.35
OCFY13.86%
SpS96.19
BVpS55.18
TBVpS51.33
PEG (NY)0.05
PEG (5Y)0.32
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.74% | ||
| ROE | 10.3% | ||
| ROCE | N/A | ||
| ROIC | 8.78% | ||
| ROICexc | 13.8% | ||
| ROICexgc | 15.31% | ||
| OM | 7.47% | ||
| PM (TTM) | 5.91% | ||
| GM | 16.44% | ||
| FCFM | N/A |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)12.29%
ROIC(5y)N/A
ROICexc(3y)11.31%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3Y8.36%
ROICexgc growth 5Y-2.29%
ROICexc growth 3Y9.51%
ROICexc growth 5Y-3.31%
OM growth 3Y7.93%
OM growth 5Y-3.8%
PM growth 3Y4.16%
PM growth 5Y-3.96%
GM growth 3Y1.17%
GM growth 5Y-1.97%
F-Score7
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | 0.97 | ||
| Debt/EBITDA | 0.32 | ||
| Cap/Depr | 204.45% | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | 54.34% | ||
| Current Ratio | 3.36 | ||
| Quick Ratio | 2.44 | ||
| Altman-Z | 4.84 |
F-Score7
WACC13.53%
ROIC/WACC0.65
Cap/Depr(3y)148.6%
Cap/Depr(5y)160.93%
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)59.84%
Profit Quality(5y)58.58%
High Growth Momentum
Growth
EPS 1Y (TTM)714.76%
EPS 3Y13.96%
EPS 5Y5.07%
EPS Q2Q%1164.61%
EPS Next Y35.55%
EPS Next 2Y9.63%
EPS Next 3Y9.56%
EPS Next 5Y8.09%
Revenue 1Y (TTM)19.74%
Revenue growth 3Y10.2%
Revenue growth 5Y9.45%
Sales Q2Q%25.88%
Revenue Next Year24.45%
Revenue Next 2Y12.86%
Revenue Next 3Y9.99%
Revenue Next 5Y8.58%
EBIT growth 1Y3.49%
EBIT growth 3Y18.93%
EBIT growth 5Y5.29%
EBIT Next Year72.63%
EBIT Next 3Y17.79%
EBIT Next 5Y14.91%
FCF growth 1Y-36.2%
FCF growth 3Y24.28%
FCF growth 5Y87.05%
OCF growth 1Y2.74%
OCF growth 3Y22.3%
OCF growth 5Y17.04%
INDUSTRIAS BACHOCO SAB SP AD / IBA FAQ
What is the ChartMill fundamental rating of INDUSTRIAS BACHOCO SAB SP AD (IBA) stock?
ChartMill assigns a fundamental rating of 7 / 10 to IBA.
What is the valuation status for IBA stock?
ChartMill assigns a valuation rating of 10 / 10 to INDUSTRIAS BACHOCO SAB SP AD (IBA). This can be considered as Undervalued.
Can you provide the profitability details for INDUSTRIAS BACHOCO SAB SP AD?
INDUSTRIAS BACHOCO SAB SP AD (IBA) has a profitability rating of 5 / 10.
Can you provide the PE and PB ratios for IBA stock?
The Price/Earnings (PE) ratio for INDUSTRIAS BACHOCO SAB SP AD (IBA) is 1.62 and the Price/Book (PB) ratio is 0.96.
What is the financial health of INDUSTRIAS BACHOCO SAB SP AD (IBA) stock?
The financial health rating of INDUSTRIAS BACHOCO SAB SP AD (IBA) is 10 / 10.