Reported Earnings • May 11
First quarter 2026 earnings released: EPS: Mex$4.88 (vs Mex$3.56 in 1Q 2025) First quarter 2026 results: EPS: Mex$4.88 (up from Mex$3.56 in 1Q 2025). Revenue: Mex$8.95b (up 4.5% from 1Q 2025). Net income: Mex$1.58b (up 38% from 1Q 2025). Profit margin: 18% (up from 13% in 1Q 2025). Revenue is forecast to grow 24% p.a. on average during the next 2 years, compared to a 2.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Announcement • Apr 16
Industrias CH, S. A. B. de C. V., Annual General Meeting, Apr 30, 2026 Industrias CH, S. A. B. de C. V., Annual General Meeting, Apr 30, 2026. Location: agustin melgar no 23, ninos heroes industrial park, fraccionamiento industrial ninos heroes, mexico Mexico Reported Earnings • Feb 22
Full year 2025 earnings released: EPS: Mex$2.55 (vs Mex$22.92 in FY 2024) Full year 2025 results: EPS: Mex$2.55 (down from Mex$22.92 in FY 2024). Revenue: Mex$33.0b (down 14% from FY 2024). Net income: Mex$1.04b (down 89% from FY 2024). Profit margin: 3.1% (down from 25% in FY 2024). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 22% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 7% per year. Price Target Changed • Jan 25
Price target increased by 7.7% to Mex$197 Up from Mex$183, the current price target is provided by 1 analyst. New target price is 13% above last closing price of Mex$174. Stock is down 0.7% over the past year. The company posted earnings per share of Mex$22.92 last year. Reported Earnings • Oct 31
Third quarter 2025 earnings released: EPS: Mex$1.03 (vs Mex$9.20 in 3Q 2024) Third quarter 2025 results: EPS: Mex$1.03 (down from Mex$9.20 in 3Q 2024). Revenue: Mex$8.15b (down 14% from 3Q 2024). Net income: Mex$288.5m (down 91% from 3Q 2024). Profit margin: 3.5% (down from 32% in 3Q 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Jul 29
Second quarter 2025 earnings released: Mex$2.88 loss per share (vs Mex$11.72 profit in 2Q 2024) Second quarter 2025 results: Mex$2.88 loss per share (down from Mex$11.72 profit in 2Q 2024). Revenue: Mex$7.58b (down 21% from 2Q 2024). Net loss: Mex$937.0m (down 124% from profit in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 9% per year, which means it is performing significantly worse than earnings. Announcement • Apr 15
Industrias CH, S. A. B. de C. V., Annual General Meeting, Apr 30, 2025 Industrias CH, S. A. B. de C. V., Annual General Meeting, Apr 30, 2025. Location: agustin melgar no 23, ninos heroes industrial park, fraccionamiento industrial ninos heroes, tlalnepantla de baz, mexico Mexico Reported Earnings • Mar 02
Full year 2024 earnings released: EPS: Mex$26.92 (vs Mex$9.39 in FY 2023) Full year 2024 results: EPS: Mex$26.92 (up from Mex$9.39 in FY 2023). Revenue: Mex$38.4b (down 18% from FY 2023). Net income: Mex$11.0b (up 186% from FY 2023). Profit margin: 29% (up from 8.2% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 6% per year. Reported Earnings • Nov 04
Third quarter 2024 earnings released: EPS: Mex$9.20 (vs Mex$5.31 in 3Q 2023) Third quarter 2024 results: EPS: Mex$9.20 (up from Mex$5.31 in 3Q 2023). Revenue: Mex$9.52b (down 12% from 3Q 2023). Net income: Mex$3.03b (up 72% from 3Q 2023). Profit margin: 32% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Jul 24
Second quarter 2024 earnings released: EPS: Mex$11.72 (vs Mex$2.88 in 2Q 2023) Second quarter 2024 results: EPS: Mex$11.72 (up from Mex$2.88 in 2Q 2023). Revenue: Mex$9.53b (down 16% from 2Q 2023). Net income: Mex$3.87b (up 308% from 2Q 2023). Profit margin: 41% (up from 8.3% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Metals and Mining industry in South America. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • May 03
Full year 2023 earnings released: EPS: Mex$9.39 (vs Mex$18.14 in FY 2022) Full year 2023 results: EPS: Mex$9.39 (down from Mex$18.14 in FY 2022). Revenue: Mex$46.7b (down 24% from FY 2022). Net income: Mex$3.84b (down 48% from FY 2022). Profit margin: 8.2% (down from 12% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Reported Earnings • Oct 28
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: Mex$10.8b (down 26% from 3Q 2022). Net income: Mex$1.76b (down 4.1% from 3Q 2022). Profit margin: 16% (up from 13% in 3Q 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 29% per year whereas the company’s share price has increased by 33% per year. New Risk • Jul 24
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.4% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 23
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: Mex$11.4b (down 36% from 2Q 2022). Net income: Mex$948.8m (down 74% from 2Q 2022). Profit margin: 8.3% (down from 20% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth. Price Target Changed • May 12
Price target decreased by 8.1% to Mex$147 Down from Mex$159, the current price target is an average from 2 analysts. New target price is 25% below last closing price of Mex$195. Stock is down 3.7% over the past year. The company posted earnings per share of Mex$18.14 last year. Reported Earnings • Apr 29
Full year 2022 earnings released Full year 2022 results: Revenue: Mex$61.6b (flat on FY 2021). Net income: Mex$7.44b (down 13% from FY 2021). Profit margin: 12% (down from 14% in FY 2021). Revenue is expected to decline by 8.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Mexico are expected to grow by 3.9%. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 37% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Raul Arturo Perez Trejo was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Price Target Changed • Nov 01
Price target increased to Mex$177 Up from Mex$158, the current price target is an average from 2 analysts. New target price is 19% below last closing price of Mex$219. Stock is up 23% over the past year. The company is forecast to post earnings per share of Mex$25.15 for next year compared to Mex$20.87 last year. Reported Earnings • Oct 29
Third quarter 2022 earnings: Revenues miss analyst expectations Third quarter 2022 results: Revenue: Mex$14.6b (down 8.5% from 3Q 2021). Net income: Mex$1.83b (down 42% from 3Q 2021). Profit margin: 13% (down from 20% in 3Q 2021). Revenue missed analyst estimates by 9.4%. Revenue is expected to decline by 2.2% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Mexico are expected to grow by 1.8%. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 22
Second quarter 2022 earnings: Revenues exceed analyst expectations Second quarter 2022 results: Revenue: Mex$17.8b (up 5.0% from 2Q 2021). Net income: Mex$3.61b (up 59% from 2Q 2021). Profit margin: 20% (up from 13% in 2Q 2021). The increase in margin was primarily driven by higher revenue. Revenue exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.5% compared to a 2.4% decline forecast for the industry in Mexico. Price Target Changed • Jun 29
Price target increased to Mex$169 Up from Mex$156, the current price target is an average from 3 analysts. New target price is 25% below last closing price of Mex$225. Stock is up 33% over the past year. The company is forecast to post earnings per share of Mex$21.19 for next year compared to Mex$20.87 last year. Major Estimate Revision • May 11
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 revenue forecast increased from Mex$68.5b to Mex$76.5b. EPS estimate unchanged from Mex$21.25 at last update. Metals and Mining industry in Mexico expected to see average net income decline 8.5% next year. Consensus price target up from Mex$156 to Mex$160. Share price fell 2.7% to Mex$204 over the past week. Reported Earnings • May 01
First quarter 2022 earnings: Revenues miss analyst expectations First quarter 2022 results: Revenue: Mex$16.8b (up 15% from 1Q 2021). Net income: Mex$2.39b (up 6.9% from 1Q 2021). Profit margin: 14% (down from 15% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.6%. Over the next year, revenue is forecast to grow 4.6%, compared to a 2.6% growth forecast for the industry in Mexico. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Independent Director Raúl Arturo Pérez Trejo was the last director to join the board, commencing their role in 2002. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 19
Full year 2021 earnings: EPS and revenues exceed analyst expectations Full year 2021 results: EPS: Mex$22.94 (up from Mex$6.25 in FY 2020). Revenue: Mex$62.0b (up 57% from FY 2020). Net income: Mex$9.43b (up 263% from FY 2020). Profit margin: 15% (up from 6.6% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 9.2%. Earnings per share (EPS) also surpassed analyst estimates by 62%. Over the next year, revenue is forecast to grow 4.7%, compared to a 4.0% growth forecast for the mining industry in Mexico. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 35% per year, which means it is significantly lagging earnings growth. Price Target Changed • Nov 09
Price target increased to Mex$153 Up from Mex$135, the current price target is an average from 4 analysts. New target price is 13% below last closing price of Mex$176. Stock is up 105% over the past year. The company is forecast to post earnings per share of Mex$17.11 for next year compared to Mex$6.25 last year. Price Target Changed • Oct 18
Price target increased to Mex$143 Up from Mex$133, the current price target is an average from 4 analysts. New target price is 17% below last closing price of Mex$173. Stock is up 116% over the past year. Reported Earnings • Jul 17
Second quarter 2021 earnings released: EPS Mex$6.84 (vs Mex$1.26 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: Mex$17.0b (up 104% from 2Q 2020). Net income: Mex$2.28b (up 476% from 2Q 2020). Profit margin: 13% (up from 4.8% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth. Major Estimate Revision • May 23
Consensus forecasts updated The consensus outlook for 2021 has been updated. 2021 revenue forecast increased from Mex$47.1b to Mex$56.4b. EPS estimate reaffirmed at Mex$5.63. Net income forecast to grow 6.0% next year vs 48% growth forecast for Metals and Mining industry in Mexico. Consensus price target up from Mex$86.25 to Mex$123. Share price was steady at Mex$140 over the past week. Price Target Changed • May 23
Price target increased to Mex$123 Up from Mex$86.25, the current price target is an average from 4 analysts. New target price is 12% below last closing price of Mex$140. Stock is up 81% over the past year. Major Estimate Revision • May 22
Consensus revenue estimates increase to Mex$56.4b The consensus outlook for revenues in 2021 has improved. 2021 revenue forecast increased from Mex$47.1b to Mex$56.4b. EPS estimate increased from Mex$5.63 to Mex$14.59 per share. Net income forecast to grow 99% next year vs 71% growth forecast for Metals and Mining industry in Mexico. Consensus price target up from Mex$86.25 to Mex$123. Share price was steady at Mex$139 over the past week. Major Estimate Revision • Mar 14
Analysts update estimates The 2021 consensus revenue estimate increased from Mex$40.3b to Mex$47.1b. Earning per share (EPS) estimate was unchanged from the last update at Mex$5.63. The Metals and Mining industry in Mexico is expected to see an average net income growth of 79% next year. The consensus price target increased from Mex$78.00 to Mex$86.25. Share price stayed mostly flat at Mex$115 over the past week. Price Target Changed • Mar 13
Price target raised to Mex$86.25 Up from Mex$74.75, the current price target is an average from 2 analysts. The new target price is 25% below the current share price of Mex$115. As of last close, the stock is up 27% over the past year. Is New 90 Day High Low • Feb 17
New 90-day high: Mex$115 The company is up 33% from its price of Mex$86.50 on 18 November 2020. The Mexican market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 31% over the same period. Is New 90 Day High Low • Jan 08
New 90-day high: Mex$96.96 The company is up 25% from its price of Mex$77.38 on 09 October 2020. The Mexican market is up 17% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 40% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$48.80 per share. Is New 90 Day High Low • Dec 18
New 90-day high: Mex$88.00 The company is up 28% from its price of Mex$68.59 on 18 September 2020. The Mexican market is up 19% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 36% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$54.52 per share. Is New 90 Day High Low • Nov 19
New 90-day high: Mex$86.50 The company is up 4.0% from its price of Mex$83.39 on 21 August 2020. The Mexican market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Mex$54.60 per share. Price Target Changed • Oct 05
Price target raised to Mex$73.33 Up from Mex$68.00, the current price target is an average from 3 analysts. The new target price is close to the current share price of Mex$75.24. As of last close, the stock is down 5.9% over the past year. Announcement • Sep 21
Industrias CH, S. A. B. de C. V.(BMV:ICH B) dropped from S&P Global BMI Index Industrias CH, S. A. B. de C. V.(BMV:ICH B) dropped from S&P Global BMI Index