Becle, S.A.B. de C.V.

BMV:CUERVO * Stock Report

Market Cap: Mex$92.8b

Becle. de Valuation

Is CUERVO * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CUERVO * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CUERVO * (MX$25.85) is trading below our estimate of fair value (MX$26.66)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CUERVO *?

Key metric: As CUERVO * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CUERVO *. This is calculated by dividing CUERVO *'s market cap by their current earnings.
What is CUERVO *'s PE Ratio?
PE Ratio21.3x
EarningsMex$4.36b
Market CapMex$92.83b

Price to Earnings Ratio vs Peers

How does CUERVO *'s PE Ratio compare to its peers?

The above table shows the PE ratio for CUERVO * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.3x
AC * Arca Continental. de
15.3x8.0%Mex$288.2b
GRUMA B Gruma. de
12.5x7.0%Mex$127.2b
BACHOCO B Industrias Bachoco. de
14xn/aMex$50.9b
BAFAR B Grupo Bafar. de
11.4xn/aMex$36.3b
CUERVO * Becle. de
21.3x21.1%Mex$92.8b

Price-To-Earnings vs Peers: CUERVO * is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the peer average (13.3x).

Price to Earnings Ratio vs Industry

How does CUERVO *'s PE Ratio compare vs other companies in the Global Beverage Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
No. of Companies33PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CUERVO * is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the Global Beverage industry average (18.2x).

Price to Earnings Ratio vs Fair Ratio

What is CUERVO *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CUERVO * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.3x
Fair PE Ratio18.9x

Price-To-Earnings vs Fair Ratio: CUERVO * is expensive based on its Price-To-Earnings Ratio (21.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CUERVO * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$25.85
Mex$38.98
+50.8%
10.8%Mex$49.00Mex$34.00n/a13
Nov ’25Mex$26.70
Mex$38.98
+46.0%
10.8%Mex$49.00Mex$34.00n/a13
Oct ’25Mex$31.03
Mex$40.14
+29.4%
9.6%Mex$49.00Mex$34.00n/a12
Sep ’25Mex$31.79
Mex$40.48
+27.3%
8.5%Mex$49.00Mex$36.00n/a12
Aug ’25Mex$29.75
Mex$40.73
+36.9%
8.3%Mex$49.00Mex$36.00n/a12
Jul ’25Mex$32.07
Mex$41.36
+29.0%
8.8%Mex$49.00Mex$36.00n/a11
Jun ’25Mex$31.32
Mex$40.15
+28.2%
9.8%Mex$46.30Mex$33.00n/a12
May ’25Mex$34.80
Mex$40.32
+15.9%
9.4%Mex$46.30Mex$33.00n/a12
Apr ’25Mex$40.13
Mex$41.33
+3.0%
14.1%Mex$58.00Mex$34.00n/a12
Mar ’25Mex$39.72
Mex$40.68
+2.4%
15.7%Mex$58.00Mex$34.00n/a11
Feb ’25Mex$32.23
Mex$42.77
+32.7%
18.7%Mex$58.00Mex$34.00n/a11
Jan ’25Mex$33.27
Mex$43.77
+31.6%
18.0%Mex$58.00Mex$34.00n/a11
Dec ’24Mex$29.11
Mex$44.75
+53.7%
17.0%Mex$58.00Mex$34.00n/a10
Nov ’24Mex$33.16
Mex$52.40
+58.0%
14.9%Mex$63.00Mex$40.00Mex$26.7010
Oct ’24Mex$41.50
Mex$54.22
+30.7%
11.3%Mex$63.00Mex$48.00Mex$31.039
Sep ’24Mex$46.52
Mex$54.20
+16.5%
11.5%Mex$65.00Mex$47.00Mex$31.7910
Aug ’24Mex$44.43
Mex$51.10
+15.0%
7.0%Mex$57.00Mex$46.00Mex$29.7510
Jul ’24Mex$41.90
Mex$51.70
+23.4%
8.2%Mex$60.00Mex$46.00Mex$32.0710
Jun ’24Mex$40.78
Mex$51.44
+26.2%
8.9%Mex$60.00Mex$46.00Mex$31.329
May ’24Mex$41.50
Mex$52.33
+26.1%
8.4%Mex$60.00Mex$46.00Mex$34.809
Apr ’24Mex$46.65
Mex$54.89
+17.7%
9.7%Mex$67.00Mex$47.00Mex$40.139
Mar ’24Mex$43.98
Mex$54.40
+23.7%
9.6%Mex$67.00Mex$47.00Mex$39.7210
Feb ’24Mex$46.31
Mex$53.22
+14.9%
12.5%Mex$67.00Mex$45.00Mex$32.239
Jan ’24Mex$42.37
Mex$53.33
+25.9%
12.9%Mex$68.00Mex$45.00Mex$33.279
Dec ’23Mex$44.36
Mex$52.56
+18.5%
15.0%Mex$68.00Mex$40.00Mex$29.119
Nov ’23Mex$42.72
Mex$52.22
+22.2%
15.0%Mex$68.00Mex$40.00Mex$33.169

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

Discover undervalued companies

Molson Coors Beverage

US$11.2b

Manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.

TAP1 *

US$943.70

7D

0%

1Y

-11.6%

Grupo Herdez. de

Mex$16.6b

A food company, engages in the manufacture, purchase, distribution, and marketing of canned and packed food products in Mexico and internationally.

HERDEZ *

Mex$51.34

7D

-1.0%

1Y

21.4%

Anheuser-Busch InBev

€104.9b

Produces, distributes, exports, markets, and sells beer and beverages.

ANB *

€1,154.66

7D

0%

1Y

n/a