Ingredion Incorporated

BMV:INGR * Stock Report

Market Cap: Mex$195.5b

Ingredion Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • 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 INGR * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: INGR * (MX$2840.11) is trading above our estimate of fair value (MX$2305.85)

Significantly Below Fair Value: INGR * is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for INGR *. This is calculated by dividing INGR *'s market cap by their current earnings.
What is INGR *'s PE Ratio?
PE Ratio14x
EarningsUS$683.00m
Market CapUS$9.54b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for INGR * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.7x
BIMBO A Grupo Bimbo. de
20.8x20.6%Mex$263.7b
GRUMA B Gruma. de
12.2x7.0%Mex$124.6b
AC * Arca Continental. de
15.9x8.0%Mex$299.7b
BACHOCO B Industrias Bachoco. de
14xn/aMex$50.9b
INGR * Ingredion
14x0.5%Mex$9.5b

Price-To-Earnings vs Peers: INGR * is good value based on its Price-To-Earnings Ratio (14x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does INGR *'s PE Ratio compare vs other companies in the South American Food Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No. of Companies16PE0816243240+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: INGR * is expensive based on its Price-To-Earnings Ratio (14x) compared to the South American Food industry average (9.9x).

Price to Earnings Ratio vs Fair Ratio

What is INGR *'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.

INGR * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate INGR *'s Price-To-Earnings Fair Ratio for valuation analysis.

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 INGR * forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentMex$2,840.11
Mex$3,368.20
+18.6%
6.6%Mex$3,629.17Mex$2,997.12n/a5
Nov ’25n/a
Mex$2,798.68
0%
9.4%Mex$3,158.51Mex$2,438.85n/a5
Oct ’25n/a
Mex$2,573.07
0%
7.2%Mex$2,759.52Mex$2,274.74n/a6
Sep ’25Mex$2,607.92
Mex$2,573.07
-1.3%
7.2%Mex$2,759.52Mex$2,274.74n/a6
Aug ’25n/a
Mex$2,363.81
0%
6.9%Mex$2,622.36Mex$2,216.08n/a6
Jul ’25n/a
Mex$2,363.81
0%
6.9%Mex$2,622.36Mex$2,216.08n/a6
Jun ’25n/a
Mex$2,153.39
0%
6.4%Mex$2,383.60Mex$2,014.31n/a7
May ’25n/a
Mex$2,108.81
0%
5.4%Mex$2,291.46Mex$1,942.76n/a8
Apr ’25n/a
Mex$2,147.92
0%
5.7%Mex$2,339.22Mex$1,983.26n/a7
Mar ’25n/a
Mex$2,142.99
0%
6.6%Mex$2,352.42Mex$1,960.35n/a7
Feb ’25n/a
Mex$2,114.21
0%
5.6%Mex$2,340.38Mex$1,979.00n/a7
Jan ’25n/a
Mex$2,141.28
0%
6.6%Mex$2,392.61Mex$1,935.20n/a7
Dec ’24n/a
Mex$2,141.28
0%
6.6%Mex$2,392.61Mex$1,935.20n/a7
Nov ’24n/a
Mex$2,142.57
0%
6.3%Mex$2,351.22Mex$1,959.35n/a7
Oct ’24n/a
Mex$2,131.70
0%
5.3%Mex$2,317.29Mex$1,983.74n/a7
Sep ’24n/a
Mex$2,069.57
0%
5.7%Mex$2,245.35Mex$1,922.15Mex$2,607.926
Aug ’24n/a
Mex$2,096.69
0%
5.3%Mex$2,279.62Mex$1,975.67n/a6
Jul ’24n/a
Mex$2,170.77
0%
5.4%Mex$2,352.16Mex$2,018.64n/a6
Jun ’24n/a
Mex$2,170.77
0%
5.4%Mex$2,352.16Mex$2,018.64n/a6
May ’24n/a
Mex$2,084.49
0%
4.7%Mex$2,183.75Mex$1,931.08n/a6
Apr ’24n/a
Mex$2,089.64
0%
5.3%Mex$2,238.90Mex$1,959.04n/a6
Mar ’24n/a
Mex$2,089.64
0%
5.3%Mex$2,238.90Mex$1,959.04n/a6
Feb ’24Mex$1,874.57
Mex$2,071.25
+10.5%
6.9%Mex$2,259.54Mex$1,882.95n/a6
Jan ’24n/a
Mex$2,033.64
0%
8.0%Mex$2,340.08Mex$1,813.57n/a7
Dec ’23Mex$1,874.57
Mex$2,033.64
+8.5%
8.0%Mex$2,340.08Mex$1,813.57n/a7
Nov ’23n/a
Mex$2,033.21
0%
10.2%Mex$2,402.10Mex$1,781.56n/a7

Analyst Forecast: Target price is less than 20% higher than the current share price.

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