BMV:ACCELSA B

Stock Analysis Report

Executive Summary

Accel, S.A.B. de C.V. provides manufacturing and logistics services in Mexico and the United States.

Rewards

Trading at 13.5% below its fair value

Earnings grew by 57.5% over the past year

Risk Analysis

No risks detected for ACCELSA B from our risk checks.


Snowflake Analysis

Flawless balance sheet with solid track record.

Share Price & News

How has Accel. de's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ACCELSA B has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

ACCELSA B

-3.1%

MX Food

-0.4%

MX Market


1 Year Return

5.3%

ACCELSA B

-10.9%

MX Food

4.0%

MX Market

Return vs Industry: ACCELSA B exceeded the MX Food industry which returned -10.9% over the past year.

Return vs Market: ACCELSA B matched the MX Market which returned 5.1% over the past year.


Shareholder returns

ACCELSA BIndustryMarket
7 Day0.5%-3.1%-0.4%
30 Day-2.4%-6.6%-2.0%
90 Day-0.5%-4.6%3.2%
1 Year5.3%5.3%-9.0%-10.9%7.6%4.0%
3 Year104.1%104.1%-29.5%-32.6%6.4%-1.9%
5 Year116.5%116.5%-14.0%-18.7%15.6%1.4%

Price Volatility Vs. Market

How volatile is Accel. de's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Accel. de undervalued compared to its fair value and its price relative to the market?

13.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: ACCELSA B (MX$20) is trading below our estimate of fair value (MX$23.12)

Significantly Below Fair Value: ACCELSA B is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: ACCELSA B is good value based on its PE Ratio (6.8x) compared to the Food industry average (17.9x).

PE vs Market: ACCELSA B is good value based on its PE Ratio (6.8x) compared to the MX market (15.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ACCELSA B's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ACCELSA B is good value based on its PB Ratio (1.1x) compared to the MX Food industry average (1.9x).


Next Steps

Future Growth

How is Accel. de forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.3%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Accel. de has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Accel. de performed over the past 5 years?

31.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ACCELSA B has high quality earnings.

Growing Profit Margin: ACCELSA B's current net profit margins (6.2%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: ACCELSA B's earnings have grown significantly by 31.3% per year over the past 5 years.

Accelerating Growth: ACCELSA B's earnings growth over the past year (57.5%) exceeds its 5-year average (31.3% per year).

Earnings vs Industry: ACCELSA B earnings growth over the past year (57.5%) exceeded the Food industry 26.8%.


Return on Equity

High ROE: ACCELSA B's Return on Equity (17.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Accel. de's financial position?


Financial Position Analysis

Short Term Liabilities: ACCELSA B's short term assets (MX$3.4B) exceed its short term liabilities (MX$1.7B).

Long Term Liabilities: ACCELSA B's short term assets (MX$3.4B) exceed its long term liabilities (MX$884.7M).


Debt to Equity History and Analysis

Debt Level: ACCELSA B's debt to equity ratio (18.2%) is considered satisfactory.

Reducing Debt: ACCELSA B's debt to equity ratio has reduced from 18.4% to 18.2% over the past 5 years.

Debt Coverage: ACCELSA B's debt is well covered by operating cash flow (89%).

Interest Coverage: ACCELSA B's interest payments on its debt are well covered by EBIT (35.2x coverage).


Balance Sheet

Inventory Level: ACCELSA B has a high level of physical assets or inventory.

Debt Coverage by Assets: ACCELSA B's debt is covered by short term assets (assets are 3.8x debt).


Next Steps

Dividend

What is Accel. de's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%6.3%industryaverage1.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate ACCELSA B's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ACCELSA B's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ACCELSA B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ACCELSA B's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ACCELSA B's dividend in 3 years as they are not forecast to pay a notable one for the MX market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?


CEO

Eloy S. Vallina Garza (47yo)

11.8yrs

Tenure

0

Mr. Eloy S. Vallina Garza has been Chief Executive Officer of Accel SAB de CV since April 2008 and serves as its Equity/Related Director. Mr. Garza serves as Vice President of Jeronimo Services, Inc. and K ...


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Accel, S.A.B. de C.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Accel, S.A.B. de C.V.
  • Ticker: ACCELSA B
  • Exchange: BMV
  • Founded:
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: Mex$3.780b
  • Shares outstanding: 189.00m
  • Website: https://www.accel.com.mx

Number of Employees


Location

  • Accel, S.A.B. de C.V.
  • Virginia Fábregas No.80
  • Col. San Rafael
  • Mexico City
  • Distrito Federal
  • 6470
  • Mexico

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ACCELSA BBMV (Bolsa Mexicana de Valores)YesSeries B SharesMXMXNJan 1997

Biography

Accel, S.A.B. de C.V. provides manufacturing and logistics services in Mexico and the United States. The company’s Manufacturing division offers sweets and nuts, as well as engages in the real estate activities. Its Logistics division offers integral solutions for management, conservation, conditioning, and distribution of merchandise; collection, selection, and delivery of goods; inventory control; packaging and labeling; crossing platform; and other services. Accel, S.A.B. de C.V. is based in Mexico City, Mexico. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 18:03
End of Day Share Price2020/02/17 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.