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FORT

Fortaleza Materiales. deBMV:FORTALE * Stock Report

Market Cap

Mex$10.4b

7D

2.6%

1Y

-23.2%

Updated

02 Dec, 2021

Data

Company Financials +
FORTALE * fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health0/6
Dividends0/6

FORTALE * Stock Overview

Fortaleza Materiales, S.A.B. de C.V. manufactures and markets products for the construction industry in Mexico and internationally.

Fortaleza Materiales. de Competitors

CEMEX. de

BMV:CEMEX CPO

Mex$195.5b

GCC. de

BMV:GCC *

Mex$51.0b

Holcim

SWX:HOLN

CHF27.3b

Price History & Performance

Summary of all time highs, changes and price drops for Fortaleza Materiales. de
Historical stock prices
Current Share PriceMex$17.75
52 Week HighMex$33.26
52 Week LowMex$15.20
Beta1.26
1 Month Change14.52%
3 Month Change12.99%
1 Year Change-23.16%
3 Year Change-29.73%
5 Year Change-59.66%
Change since IPO-53.02%

Recent News & Updates

Nov 26
Is It Too Late To Consider Buying Fortaleza Materiales, S.A.B. de C.V. (BMV:FORTALE)?

Is It Too Late To Consider Buying Fortaleza Materiales, S.A.B. de C.V. (BMV:FORTALE)?

Fortaleza Materiales, S.A.B. de C.V. ( BMV:FORTALE ), might not be a large cap stock, but it saw a double-digit share...

Shareholder Returns

FORTALE *MX Basic MaterialsMX Market
7D2.6%4.1%0.6%
1Y-23.2%20.8%15.6%

Return vs Industry: FORTALE * underperformed the MX Basic Materials industry which returned 20.8% over the past year.

Return vs Market: FORTALE * underperformed the MX Market which returned 15.6% over the past year.

Price Volatility

Is FORTALE *'s price volatile compared to industry and market?
FORTALE * volatility
FORTALE * Average Weekly Movementn/a
Basic Materials Industry Average Movement4.6%
Market Average Movement3.6%
10% most volatile stocks in MX Market6.2%
10% least volatile stocks in MX Market2.5%

Stable Share Price: Insufficient data to determine FORTALE *'s volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FORTALE *'s volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
19521,345Jaime Emilio Fonthttps://www.fortalezamateriales.com

Fortaleza Materiales, S.A.B. de C.V. manufactures and markets products for the construction industry in Mexico and internationally. It offers cement CPC 30 R, cement CPC 40, and masonry cement. The company also provides building system products; and metal products, such as electrical terminals, cartridges, coin blanks, locksmith, and sheets, as well as copper laminates and alloys for use in the automotive industry.

Fortaleza Materiales. de Fundamentals Summary

How do Fortaleza Materiales. de's earnings and revenue compare to its market cap?
FORTALE * fundamental statistics
Market CapMex$10.40b
Earnings (TTM)Mex$1.33b
Revenue (TTM)Mex$29.57b

7.8x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FORTALE * income statement (TTM)
RevenueMex$29.57b
Cost of RevenueMex$22.74b
Gross ProfitMex$6.83b
ExpensesMex$5.50b
EarningsMex$1.33b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)2.26
Gross Margin23.09%
Net Profit Margin4.48%
Debt/Equity Ratio88.2%

How did FORTALE * perform over the long term?

See historical performance and comparison

Valuation

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

7.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FORTALE * (MX$17.75) is trading above our estimate of fair value (MX$11.58)

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


Price To Earnings Ratio

PE vs Industry: FORTALE * is good value based on its PE Ratio (7.8x) compared to the South American Basic Materials industry average (13.7x).

PE vs Market: FORTALE * is good value based on its PE Ratio (7.8x) compared to the MX market (13x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FORTALE *'s PB Ratio (1x) is in line with the XS Basic Materials industry average.


Future Growth

How is Fortaleza Materiales. de forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-32.5%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if FORTALE *'s forecast earnings growth is above the savings rate (7.1%).

Earnings vs Market: Insufficient data to determine if FORTALE *'s earnings are forecast to grow faster than the MX market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FORTALE *'s revenue is expected to decline over the next 3 years (-32.5% per year).

High Growth Revenue: FORTALE *'s revenue is forecast to decline over the next 3 years (-32.5% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FORTALE *'s Return on Equity is forecast to be low in 3 years time (8.7%).


Past Performance

How has Fortaleza Materiales. de performed over the past 5 years?

-30.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FORTALE * has high quality earnings.

Growing Profit Margin: FORTALE * became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: FORTALE * has become profitable over the past 5 years, growing earnings by -30.9% per year.

Accelerating Growth: FORTALE * has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: FORTALE * has become profitable in the last year, making it difficult to compare its past year earnings growth to the Basic Materials industry (198.6%).


Return on Equity

High ROE: FORTALE *'s Return on Equity (12.9%) is considered low.


Financial Health

How is Fortaleza Materiales. de's financial position?


Financial Position Analysis

Short Term Liabilities: FORTALE *'s short term assets (MX$4.5B) do not cover its short term liabilities (MX$5.8B).

Long Term Liabilities: FORTALE *'s short term assets (MX$4.5B) do not cover its long term liabilities (MX$11.8B).


Debt to Equity History and Analysis

Debt Level: FORTALE *'s net debt to equity ratio (76.6%) is considered high.

Reducing Debt: FORTALE *'s debt to equity ratio has increased from 59.6% to 88.2% over the past 5 years.

Debt Coverage: FORTALE *'s debt is not well covered by operating cash flow (0.8%).

Interest Coverage: FORTALE *'s interest payments on its debt are not well covered by EBIT (3x coverage).


Balance Sheet


Dividend

What is Fortaleza Materiales. de current dividend yield, its reliability and sustainability?

3.14%

Forecast Dividend Yield


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if FORTALE *'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 FORTALE *'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?

2.3yrs

Average management tenure


CEO

Jaime Emilio Font (52 yo)

1.25yrs

Tenure

Mr. Jaime Emilio Rocha Font has been Chief Executive Officer of Fortaleza Materiales, S.A.B. de C.V. (formerly known as Elementia, S.A.B. de C.V.) since September 2, 2020. Mr. Font is the CEO of Elementia’...


Leadership Team

Experienced Management: FORTALE *'s management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: FORTALE *'s board of directors are considered experienced (7.9 years average tenure).


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

Fortaleza Materiales, S.A.B. de C.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Fortaleza Materiales, S.A.B. de C.V.
  • Ticker: FORTALE *
  • Exchange: BMV
  • Founded: 1952
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: Mex$10.397b
  • Shares outstanding: 585.72m
  • Website: https://www.fortalezamateriales.com

Number of Employees


Location

  • Fortaleza Materiales, S.A.B. de C.V.
  • Avenida Paseo de las Palmas No. 781
  • 7th floor
  • Mexico City
  • Distrito Federal
  • 11000
  • Mexico

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 23:43
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.