INDUSTRIAS BACHOCO SAB SP AD (IBA)
US4564631087 - ADR
Overall IBA gets a fundamental rating of 7 out of 10. We evaluated IBA against 92 industry peers in the Food Products industry. While IBA has a great health rating, its profitability is only average at the moment. IBA is growing strongly while it also seems undervalued. This is an interesting combination With these ratings, IBA could be worth investigating further for value and growth investing!.
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.
IBA had positive earnings in each of the past 5 years.
In the past 5 years IBA always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.74%, IBA belongs to the top 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.
Looking at the Return On Invested Capital, with a value of 8.78%, IBA belongs to the top of the industry, outperforming 83.87% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for IBA is above the industry average of 7.56%.
| 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
With a decent Profit Margin value of 5.91%, IBA is doing good in the industry, outperforming 70.97% of the companies in the same industry.
In the last couple of years the Profit Margin of IBA has declined.
Looking at the Operating Margin, with a value of 7.47%, IBA is in the better half of the industry, outperforming 70.97% of the companies in the same industry.
IBA's Operating Margin has declined in the last couple of years.
The Gross Margin of IBA (16.44%) is comparable to the rest of the industry.
IBA's Gross Margin has declined in the last couple of years.
| 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.
Compared to 1 year ago, IBA has about the same amount of shares outstanding.
The debt/assets ratio for IBA has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 4.84 indicates that IBA is not in any danger for bankruptcy at the moment.
IBA has a Altman-Z score of 4.84. This is amongst the best in the industry. IBA outperforms 84.95% of its industry peers.
IBA has a debt to FCF ratio of 0.97. This is a very positive value and a sign of high solvency as it would only need 0.97 years to pay back of all of its debts.
IBA has a Debt to FCF ratio of 0.97. This is amongst the best in the industry. IBA outperforms 93.55% of its industry peers.
IBA has a Debt/Equity ratio of 0.01. This is a healthy value indicating a solid balance between debt and equity.
With an excellent Debt to Equity ratio value of 0.01, IBA belongs to the best of the industry, outperforming 84.95% of the companies in the same industry.
| 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.
Looking at the Current ratio, with a value of 3.36, IBA belongs to the top of the industry, outperforming 80.65% of the companies in the same industry.
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.
IBA has a better Quick ratio (2.44) than 86.02% of its industry peers.
| 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.
The Earnings Per Share has been growing slightly by 5.07% on average over the past years.
Looking at the last year, IBA shows a quite strong growth in Revenue. The Revenue has grown by 19.74% in the last year.
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 growth Q2Q1164.61%
Revenue 1Y (TTM)19.74%
Revenue growth 3Y10.2%
Revenue growth 5Y9.45%
Revenue growth Q2Q25.88%
3.2 Future
Based on estimates for the next years, IBA will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.09% on average per year.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 1.62, the valuation of IBA can be described as very cheap.
IBA's Price/Earnings ratio is rather cheap when compared to the industry. IBA is cheaper than 100.00% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 24.67, IBA is valued rather cheaply.
IBA is valuated cheaply with a Price/Forward Earnings ratio of 7.84.
Compared to the rest of the industry, the Price/Forward Earnings ratio of IBA indicates a rather cheap valuation: IBA is cheaper than 96.77% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of IBA to the average of the S&P500 Index (21.02), we can say IBA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
91.40% of the companies in the same industry are more expensive than IBA, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, IBA is valued cheaply inside the industry as 89.25% of the companies are valued more expensively.
| 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.
The decent profitability rating of IBA may justify a higher PE ratio.
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%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.51, IBA pays a bit more dividend than its industry peers.
IBA's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| 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
IBA's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DPN/A
EPS Next 2Y9.63%
EPS Next 3Y9.56%
INDUSTRIAS BACHOCO SAB SP AD
NYSE:IBA (4/21/2023, 7:04:00 PM)
After market: 57.96 +4.96 (+9.36%)53
-0.98 (-1.82%)
Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryFood Products
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.65B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.93% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
Max EPS beat(4)
EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
Avg Revenue beat(4)
Min Revenue beat(4)
Max Revenue beat(4)
Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
Avg Revenue beat(12)
Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 1.62 | ||
| Fwd PE | 7.84 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)0.05
PEG (5Y)0.32
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.74% | ||
| ROE | 10.3% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 7.47% | ||
| PM (TTM) | 5.91% | ||
| GM | 16.44% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover1.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.01 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.36 | ||
| Quick Ratio | 2.44 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)714.76%
EPS 3Y13.96%
EPS 5Y
EPS growth Q2Q
EPS Next Y35.55%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)19.74%
Revenue growth 3Y10.2%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y