Industrias Bachoco, S.A.B. de C.V.

BMV:BACHOCO B Stock Report

Market Cap: Mex$50.9b

Industrias Bachoco. de Past Earnings Performance

Past criteria checks 2/6

Industrias Bachoco. de has been growing earnings at an average annual rate of 9.4%, while the Food industry saw earnings growing at 8.7% annually. Revenues have been growing at an average rate of 12% per year. Industrias Bachoco. de's return on equity is 6.4%, and it has net margins of 3.8%.

Key information

9.4%

Earnings growth rate

9.4%

EPS growth rate

Food Industry Growth8.7%
Revenue growth rate12.0%
Return on equity6.4%
Net Margin3.8%
Last Earnings Update30 Sep 2023

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Industrias Bachoco. de makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

BMV:BACHOCO B Revenue, expenses and earnings (MXN Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2394,6463,6328,9710
30 Jun 2395,2492,8098,7250
31 Mar 2397,7964,4708,6180
31 Dec 2298,8916,1148,5060
30 Sep 2296,5086,7178,2070
30 Jun 2292,2806,5897,8840
31 Mar 2286,7085,1227,4900
31 Dec 2181,6995,0667,1280
30 Sep 2178,7775,3976,8370
30 Jun 2176,8405,3816,6470
31 Mar 2172,4113,8696,4850
31 Dec 2068,7923,9366,4200
30 Sep 2065,5973,1816,3340
30 Jun 2062,6183,4646,2310
31 Mar 2063,0705,0886,2150
31 Dec 1961,6553,2206,1170
30 Sep 1961,9423,7096,1740
30 Jun 1960,7432,4086,1750
31 Mar 1960,0732,3936,1130
31 Dec 1861,0523,3506,0240
30 Sep 1860,6644,2195,8910
30 Jun 1860,7655,4055,7390
31 Mar 1859,6685,5525,5480
31 Dec 1758,0504,9485,4230
30 Sep 1757,2244,3345,2280
30 Jun 1755,6204,1485,1000
31 Mar 1753,8664,0044,9870
31 Dec 1652,0203,9474,8480
30 Sep 1649,4643,3544,7080
30 Jun 1648,1873,3284,5770
31 Mar 1646,6623,1454,4370
31 Dec 1546,2293,8134,3230
30 Sep 1545,4914,4984,1860
30 Jun 1544,7704,8384,0420
31 Mar 1543,5424,5313,9180
31 Dec 1441,7793,9273,7810
30 Sep 1440,6062,5453,5790
30 Jun 1439,4271,7753,4620
31 Mar 1439,3652,0603,3680
31 Dec 1339,7112,0383,2910
30 Sep 1340,6972,9433,3470
30 Jun 1341,1613,2173,3590
31 Mar 1340,0192,1623,3900

Quality Earnings: BACHOCO B has high quality earnings.

Growing Profit Margin: BACHOCO B's current net profit margins (3.8%) are lower than last year (7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: BACHOCO B's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: BACHOCO B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: BACHOCO B had negative earnings growth (-45.9%) over the past year, making it difficult to compare to the Food industry average (35.7%).


Return on Equity

High ROE: BACHOCO B's Return on Equity (6.4%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/02/15 18:42
End of Day Share Price 2024/02/15 00:00
Earnings2023/09/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Industrias Bachoco, S.A.B. de C.V. is covered by 10 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gustavo TeranActinver Case de Bolsa, S.A. de C.V.
Miguel Ulloa SuárezBBVA Corporate and Investment Bank
Fernando OlveraBofA Global Research