Becle. de Valuation

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

CUERVO * (MX$32.59) is trading below our estimate of [[fair value]] (MX$40.08)

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$32.59) is trading below our estimate of fair value (MX$40.08)

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 *?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for CUERVO *. This is calculated by dividing CUERVO *'s market cap by their current preferred multiple.
What is CUERVO *'s n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	Mex$117.93b

CUERVO * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.1x
Enterprise Value/EBITDA	18.8x
PEG Ratio	1.5x

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.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	16.7x
AC * Arca Continental. de	16x	8.5%	Mex$296.9b
GRUMA B Gruma. de	14.2x	7.0%	Mex$135.3b
BACHOCO B Industrias Bachoco. de	14x	n/a	Mex$50.9b
BIMBO A Grupo Bimbo. de	22.5x	13.5%	Mex$294.4b
CUERVO * Becle. de	31.9x	21.0%	Mex$117.9b

Price-To-Earnings vs Peers: CUERVO * is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the peer average (16.7x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	9.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	9.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: CUERVO * is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the Global Beverage industry average (18x).

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 Ratio	31.9x
Fair PE Ratio	22.9x

Price-To-Earnings vs Fair Ratio: CUERVO * is expensive based on its Price-To-Earnings Ratio (31.9x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).

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.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Mex$32.59	Mex$40.48 +24.2%	8.5%	Mex$49.00	Mex$36.00	n/a	12
Aug ’25	Mex$29.75	Mex$40.73 +36.9%	8.3%	Mex$49.00	Mex$36.00	n/a	12
Jul ’25	Mex$32.07	Mex$41.36 +29.0%	8.8%	Mex$49.00	Mex$36.00	n/a	11
Jun ’25	Mex$31.32	Mex$40.15 +28.2%	9.8%	Mex$46.30	Mex$33.00	n/a	12
May ’25	Mex$34.80	Mex$40.32 +15.9%	9.4%	Mex$46.30	Mex$33.00	n/a	12
Apr ’25	Mex$40.13	Mex$41.33 +3.0%	14.1%	Mex$58.00	Mex$34.00	n/a	12
Mar ’25	Mex$39.72	Mex$40.68 +2.4%	15.7%	Mex$58.00	Mex$34.00	n/a	11
Feb ’25	Mex$32.23	Mex$42.77 +32.7%	18.7%	Mex$58.00	Mex$34.00	n/a	11
Jan ’25	Mex$33.27	Mex$43.77 +31.6%	18.0%	Mex$58.00	Mex$34.00	n/a	11
Dec ’24	Mex$29.11	Mex$44.75 +53.7%	17.0%	Mex$58.00	Mex$34.00	n/a	10
Nov ’24	Mex$33.16	Mex$52.40 +58.0%	14.9%	Mex$63.00	Mex$40.00	n/a	10
Oct ’24	Mex$41.50	Mex$54.22 +30.7%	11.3%	Mex$63.00	Mex$48.00	n/a	9
Sep ’24	Mex$46.52	Mex$54.20 +16.5%	11.5%	Mex$65.00	Mex$47.00	n/a	10
Aug ’24	Mex$44.43	Mex$51.10 +15.0%	7.0%	Mex$57.00	Mex$46.00	Mex$29.75	10
Jul ’24	Mex$41.90	Mex$51.70 +23.4%	8.2%	Mex$60.00	Mex$46.00	Mex$32.07	10
Jun ’24	Mex$40.78	Mex$51.44 +26.2%	8.9%	Mex$60.00	Mex$46.00	Mex$31.32	9
May ’24	Mex$41.50	Mex$52.33 +26.1%	8.4%	Mex$60.00	Mex$46.00	Mex$34.80	9
Apr ’24	Mex$46.65	Mex$54.89 +17.7%	9.7%	Mex$67.00	Mex$47.00	Mex$40.13	9
Mar ’24	Mex$43.98	Mex$54.40 +23.7%	9.6%	Mex$67.00	Mex$47.00	Mex$39.72	10
Feb ’24	Mex$46.31	Mex$53.22 +14.9%	12.5%	Mex$67.00	Mex$45.00	Mex$32.23	9
Jan ’24	Mex$42.37	Mex$53.33 +25.9%	12.9%	Mex$68.00	Mex$45.00	Mex$33.27	9
Dec ’23	Mex$44.36	Mex$52.56 +18.5%	15.0%	Mex$68.00	Mex$40.00	Mex$29.11	9
Nov ’23	Mex$42.72	Mex$52.22 +22.2%	15.0%	Mex$68.00	Mex$40.00	Mex$33.16	9
Oct ’23	Mex$35.67	Mex$57.63 +61.6%	17.9%	Mex$79.00	Mex$43.00	Mex$41.50	8
Sep ’23	Mex$41.04	Mex$58.00 +41.3%	17.5%	Mex$79.00	Mex$43.00	Mex$46.52	8
Aug ’23	Mex$46.16	Mex$58.00 +25.6%	17.5%	Mex$79.00	Mex$43.00	Mex$44.43	8

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