IBA Stock Overview
Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States.
Industrias Bachoco. de Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$41.65|
|52 Week High||US$47.80|
|52 Week Low||US$38.30|
|1 Month Change||-1.03%|
|3 Month Change||-2.88%|
|1 Year Change||-1.67%|
|3 Year Change||-9.88%|
|5 Year Change||-10.31%|
|Change since IPO||135.44%|
Recent News & Updates
Is Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Trading At A 23% Discount?
Today we will run through one way of estimating the intrinsic value of Industrias Bachoco, S.A.B. de C.V. ( NYSE:IBA...
Industrias Bachoco Is A Very Interesting Opportunity
IBA dedicates to poultry production and commercialization in Mexico and the US, slowly growing into a multi-protein company (chicken, swine, etc.). The company has grown revenues at 6% and earnings at 9% for the last ten years. Although it competes in a commoditized market, it has maintained its net profit margin above 5%. IBA has $900 million in cash but waits patiently for a down cycle in the industry to invest it. IBA's management seems very conservative and frank about possibilities of expansion.
Industrias Bachoco. de (NYSE:IBA) Hasn't Managed To Accelerate Its Returns
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Does Industrias Bachoco. de (NYSE:IBA) Have A Healthy Balance Sheet?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
|IBA||US Food||US Market|
Return vs Industry: IBA underperformed the US Food industry which returned 9.6% over the past year.
Return vs Market: IBA underperformed the US Market which returned 4.2% over the past year.
|IBA Average Weekly Movement||2.8%|
|Food Industry Average Movement||5.2%|
|Market Average Movement||6.7%|
|10% most volatile stocks in US Market||15.5%|
|10% least volatile stocks in US Market||2.4%|
Stable Share Price: IBA is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: IBA's weekly volatility (3%) has been stable over the past year.
About the Company
|1952||30,031||Rodolfo Ramos Arvizu||https://bachoco.com.mx|
Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, operates as a poultry producer in Mexico and the United States. It operates in two segments, Poultry and Others. The company is primarily involved in the breeding, processing, and marketing of chicken, eggs, swine, balanced animal feed, and other meat products.
Industrias Bachoco. de Fundamentals Summary
|IBA fundamental statistics|
Is IBA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|IBA income statement (TTM)|
|Cost of Revenue||Mex$64.13b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
Feb 03, 2022
|Earnings per share (EPS)||107.99|
|Net Profit Margin||6.85%|
How did IBA perform over the long term?See historical performance and comparison
2.0%Current Dividend Yield
Is Industrias Bachoco. de undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IBA ($41.65) is trading below our estimate of fair value ($86.91)
Significantly Below Fair Value: IBA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: IBA is good value based on its PE Ratio (8x) compared to the US Food industry average (21.6x).
PE vs Market: IBA is good value based on its PE Ratio (8x) compared to the US market (16.5x).
Price to Earnings Growth Ratio
PEG Ratio: IBA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: IBA is good value based on its PB Ratio (0.9x) compared to the US Food industry average (2.2x).
How is Industrias Bachoco. de forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBA's earnings are forecast to decline over the next 3 years (-1.5% per year).
Earnings vs Market: IBA's earnings are forecast to decline over the next 3 years (-1.5% per year).
High Growth Earnings: IBA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: IBA's revenue (3% per year) is forecast to grow slower than the US market (9.1% per year).
High Growth Revenue: IBA's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IBA's Return on Equity is forecast to be low in 3 years time (9%).
How has Industrias Bachoco. de performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBA has high quality earnings.
Growing Profit Margin: IBA's current net profit margins (6.9%) are higher than last year (4.8%).
Past Earnings Growth Analysis
Earnings Trend: IBA's earnings have grown by 0.8% per year over the past 5 years.
Accelerating Growth: IBA's earnings growth over the past year (69.7%) exceeds its 5-year average (0.8% per year).
Earnings vs Industry: IBA earnings growth over the past year (69.7%) exceeded the Food industry 18.7%.
Return on Equity
High ROE: IBA's Return on Equity (11.1%) is considered low.
How is Industrias Bachoco. de's financial position?
Financial Position Analysis
Short Term Liabilities: IBA's short term assets (MX$36.1B) exceed its short term liabilities (MX$10.4B).
Long Term Liabilities: IBA's short term assets (MX$36.1B) exceed its long term liabilities (MX$5.2B).
Debt to Equity History and Analysis
Debt Level: IBA has more cash than its total debt.
Reducing Debt: IBA's debt to equity ratio has reduced from 13.3% to 3.9% over the past 5 years.
Debt Coverage: IBA's debt is well covered by operating cash flow (365.3%).
Interest Coverage: IBA earns more interest than it pays, so coverage of interest payments is not a concern.
What is Industrias Bachoco. de current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: IBA's dividend (1.98%) is higher than the bottom 25% of dividend payers in the US market (1.36%).
High Dividend: IBA's dividend (1.98%) is low compared to the top 25% of dividend payers in the US market (3.57%).
Stability and Growth of Payments
Stable Dividend: IBA's dividend payments have been volatile in the past 10 years.
Growing Dividend: IBA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.8%), IBA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of IBA's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rodolfo Ramos Arvizu (64 yo)
Mr. Rodolfo Ramos Arvizu has been the Chief Executive Officer of Industrias Bachoco S.A.B. de C.V. since October 2010. Mr. Ramos Arvizu served as Director as well as Director of Production of Industrias Ba...
Experienced Management: IBA's management team is seasoned and experienced (9.6 years average tenure).
Experienced Board: IBA's board of directors are seasoned and experienced ( 22.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Industrias Bachoco, S.A.B. de C.V.'s employee growth, exchange listings and data sources
- Name: Industrias Bachoco, S.A.B. de C.V.
- Ticker: IBA
- Exchange: NYSE
- Founded: 1952
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Implied Market Cap: US$2.081b
- Shares outstanding: 49.97m
- Website: https://bachoco.com.mx
Number of Employees
- Industrias Bachoco, S.A.B. de C.V.
- Avenida Tecnologico 401
- Ciudad Industrial
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/25 06:25|
|End of Day Share Price||2022/01/24 00:00|
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.