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ICH

Industrias CH S. A. B. de C. V BMV:ICH B Stock Report

Last Price

Mex$217.50

Market Cap

Mex$89.1b

7D

-1.1%

1Y

32.6%

Updated

18 Aug, 2022

Data

Company Financials +
ICH B fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends0/6

ICH B Stock Overview

Industrias CH, S. A. B. de C. V., through its subsidiaries, engages in the production and processing of steel in Mexico and North America.

Industrias CH S. A. B. de C. V Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Industrias CH S. A. B. de C. V
Historical stock prices
Current Share PriceMex$217.50
52 Week HighMex$240.99
52 Week LowMex$152.46
Beta0.30
1 Month Change1.07%
3 Month Change10.69%
1 Year Change32.62%
3 Year Change227.81%
5 Year Change153.35%
Change since IPO16,760.47%

Recent News & Updates

Jun 17
Industrias CH S. A. B. de C. V (BMV:ICHB) Is Very Good At Capital Allocation

Industrias CH S. A. B. de C. V (BMV:ICHB) Is Very Good At Capital Allocation

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Jun 02
Should You Be Adding Industrias CH S. A. B. de C. V (BMV:ICHB) To Your Watchlist Today?

Should You Be Adding Industrias CH S. A. B. de C. V (BMV:ICHB) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

May 12
Industry Analysts Just Upgraded Their Industrias CH, S. A. B. de C. V. (BMV:ICHB) Revenue Forecasts By 12%

Industry Analysts Just Upgraded Their Industrias CH, S. A. B. de C. V. (BMV:ICHB) Revenue Forecasts By 12%

Celebrations may be in order for Industrias CH, S. A. B. de C. V. ( BMV:ICHB ) shareholders, with the analysts...

Shareholder Returns

ICH BMX Metals and MiningMX Market
7D-1.1%-1.6%1.4%
1Y32.6%-13.4%-1.8%

Return vs Industry: ICH B exceeded the MX Metals and Mining industry which returned -13.4% over the past year.

Return vs Market: ICH B exceeded the MX Market which returned -1.8% over the past year.

Price Volatility

Is ICH B's price volatile compared to industry and market?
ICH B volatility
ICH B Average Weekly Movement2.3%
Metals and Mining Industry Average Movement3.4%
Market Average Movement4.2%
10% most volatile stocks in MX Market7.5%
10% least volatile stocks in MX Market2.6%

Stable Share Price: ICH B is less volatile than 75% of MX stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: ICH B's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19346,407Sergio Vigil Gonzálezhttps://www.industriasch.com.mx

Industrias CH, S. A. B. de C. V., through its subsidiaries, engages in the production and processing of steel in Mexico and North America. It offers commercial and structural steel products, rebars, steel wires and derivates, special bars, steel pipes and tubes, billets, and blooms. The company was founded in 1934 and is based in Tlalnepantla de Baz, Mexico.

Industrias CH S. A. B. de C. V Fundamentals Summary

How do Industrias CH S. A. B. de C. V's earnings and revenue compare to its market cap?
ICH B fundamental statistics
Market CapMex$89.08b
Earnings (TTM)Mex$10.07b
Revenue (TTM)Mex$65.10b

8.9x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ICH B income statement (TTM)
RevenueMex$65.10b
Cost of RevenueMex$45.92b
Gross ProfitMex$19.18b
Other ExpensesMex$9.11b
EarningsMex$10.07b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)24.55
Gross Margin29.46%
Net Profit Margin15.47%
Debt/Equity Ratio0.01%

How did ICH B perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ICH B?

Other financial metrics that can be useful for relative valuation.

ICH B 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/Revenue1.2x
Enterprise Value/EBITDA4.4x
PEG Ratio-3.2x

Price to Earnings Ratio vs Peers

How does ICH B's PE Ratio compare to its peers?

ICH B PE Ratio vs Peers
The above table shows the PE ratio for ICH B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.7x
AUTLAN B Compañía Minera Autlán. de
7.6xn/aMex$5.0b
PE&OLES * Industrias Peñoles. de
17.6x40.4%Mex$69.2b
ORBIA * Orbia Advance Corporation. de
4.7x-13.4%Mex$79.6b
ALPEK A ALPEK. de
4.4x-34.7%Mex$59.0b
ICH B Industrias CH S. A. B. de C. V
8.9x-2.8%Mex$89.1b

Price-To-Earnings vs Peers: ICH B is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (8.7x).


Price to Earnings Ratio vs Industry

How does ICH B's PE Ratio compare vs other companies in the South American Metals and Mining Industry?

Price-To-Earnings vs Industry: ICH B is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the MX Metals and Mining industry average (8.8x)


Price to Earnings Ratio vs Fair Ratio

What is ICH B'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.

ICH B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.9x
Fair PE Ratio8x

Price-To-Earnings vs Fair Ratio: ICH B is expensive based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (8x).


Share Price vs Fair Value

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

Below Fair Value: ICH B (MX$217.5) is trading below our estimate of fair value (MX$582.01)

Significantly Below Fair Value: ICH B is trading below fair value by more than 20%.


Analyst Price Targets

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

Analyst Forecast: Target price is lower than the current share price.


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Future Growth

How is Industrias CH S. A. B. de C. V forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-2.8%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ICH B's earnings are forecast to decline over the next 3 years (-2.8% per year).

Earnings vs Market: ICH B's earnings are forecast to decline over the next 3 years (-2.8% per year).

High Growth Earnings: ICH B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: ICH B's revenue is expected to decline over the next 3 years (-2.4% per year).

High Growth Revenue: ICH B's revenue is forecast to decline over the next 3 years (-2.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ICH B's Return on Equity is forecast to be low in 3 years time (13.9%).


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Past Performance

How has Industrias CH S. A. B. de C. V performed over the past 5 years?

Past Performance Score

6/6

Past Performance Score 6/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


35.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ICH B has high quality earnings.

Growing Profit Margin: ICH B's current net profit margins (15.5%) are higher than last year (9.2%).


Past Earnings Growth Analysis

Earnings Trend: ICH B's earnings have grown significantly by 35.3% per year over the past 5 years.

Accelerating Growth: ICH B's earnings growth over the past year (104.9%) exceeds its 5-year average (35.3% per year).

Earnings vs Industry: ICH B earnings growth over the past year (104.9%) exceeded the Metals and Mining industry 17.4%.


Return on Equity

High ROE: ICH B's Return on Equity (21.6%) is considered high.


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Financial Health

How is Industrias CH S. A. B. de C. V's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ICH B's short term assets (MX$52.3B) exceed its short term liabilities (MX$12.1B).

Long Term Liabilities: ICH B's short term assets (MX$52.3B) exceed its long term liabilities (MX$4.9B).


Debt to Equity History and Analysis

Debt Level: ICH B has more cash than its total debt.

Reducing Debt: ICH B's debt to equity ratio has reduced from 0.01% to 0.01% over the past 5 years.

Debt Coverage: ICH B's debt is well covered by operating cash flow (172165.8%).

Interest Coverage: ICH B's interest payments on its debt are well covered by EBIT (1027.1x coverage).


Balance Sheet


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Dividend

What is Industrias CH S. A. B. de C. V current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate ICH B'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 ICH B's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ICH B's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: ICH B is not paying a notable dividend for the MX market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ICH B has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

31.6yrs

Average board tenure


CEO

Sergio Vigil González (60 yo)

31.58yrs

Tenure

Mr. Sergio Vigil González, CPA has been the Chief Executive Officer of Industrias CH, SAB de CV and served as its General Director. Mr. González has been a Director of Group Simec S.A. de C.V. since 2011....


Board Members

Experienced Board: ICH B's board of directors are seasoned and experienced ( 31.6 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

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


Key Information

  • Name: Industrias CH, S. A. B. de C. V.
  • Ticker: ICH B
  • Exchange: BMV
  • Founded: 1934
  • Industry: Steel
  • Sector: Materials
  • Implied Market Cap: Mex$89.080b
  • Shares outstanding: 410.05m
  • Website: https://www.industriasch.com.mx

Number of Employees


Location

  • Industrias CH, S. A. B. de C. V.
  • Agustín Melgar No. 23
  • Tlalnepantla de Baz
  • Mexico State
  • 54030
  • Mexico

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/18 00:00
End of Day Share Price2022/08/18 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.