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Industrias Bachoco. de OTCPK:IBAA.Y Stock Report

Last Price

US$58.50

Market Cap

US$3.0b

7D

2.2%

1Y

23.4%

Updated

17 Aug, 2023

Data

Company Financials

Industrias Bachoco, S.A.B. de C.V.

OTCPK:IBAA.Y Stock Report

Market Cap: US$3.0b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

IBAA.Y Stock Overview

Through its subsidiaries, engages in the breeding, processing, and marketing poultry products in Mexico and internationally. More details

IBAA.Y fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

Risk Analysis

Dividend of 1.67% is not well covered by earnings or cash flows

Shares are highly illiquid

Profit margins (2.8%) are lower than last year (7.1%)


My Notes

Capture your thoughts, links and company narrative

Industrias Bachoco, S.A.B. de C.V. Competitors

J&J Snack Foods

NasdaqGS:JJSF

US$3.1b

Seaboard

NYSEAM:SEB

US$2.4b

Nomad Foods

NYSE:NOMD

US$2.7b

Simply Good Foods

NasdaqCM:SMPL

US$3.8b

Price History & Performance

Summary of share price highs, lows and changes for Industrias Bachoco. de
Historical stock prices
Current Share PriceMex$58.50
52 Week HighMex$66.25
52 Week LowMex$30.91
Beta0.25
1 Month Change-2.50%
3 Month Changen/a
1 Year Change23.44%
3 Year Change57.85%
5 Year Change2.51%
Change since IPO230.73%

Recent News & Updates

Industrias Bachoco GAAP EPS of Ps0.13, revenue of Ps23.63B

Feb 09

Industrias Bachoco announces CEO change

Jan 26

Industrias Bachoco GAAP EPS of Ps.1.62, revenue of Ps.24.46B

Oct 24

Recent updates

Industrias Bachoco GAAP EPS of Ps0.13, revenue of Ps23.63B

Feb 09

Industrias Bachoco announces CEO change

Jan 26

Industrias Bachoco GAAP EPS of Ps.1.62, revenue of Ps.24.46B

Oct 24

Industrias Bachoco: Long-Term Trend Has Turned Bullish

Oct 13

Bachoco receives voluntary tender offer for 27% shares

Oct 06

Industrias Bachoco: A Long-Term Wager With A Bunch Of Tailwinds

Jul 26

Industrias Bachoco Ahead Of Cost Of Sales Increases From Ukraine Conflict

Jul 19

Industrias Bachoco: Further Consolidation Could Push The Price Up

May 02

Is Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Trading At A 23% Discount?

Jan 18
Is Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Trading At A 23% Discount?

Industrias Bachoco Is A Very Interesting Opportunity

Jan 06

Industrias Bachoco. de (NYSE:IBA) Hasn't Managed To Accelerate Its Returns

Dec 28
Industrias Bachoco. de (NYSE:IBA) Hasn't Managed To Accelerate Its Returns

Does Industrias Bachoco. de (NYSE:IBA) Have A Healthy Balance Sheet?

Dec 11
Does Industrias Bachoco. de (NYSE:IBA) Have A Healthy Balance Sheet?

Is It Time To Consider Buying Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)?

Oct 03
Is It Time To Consider Buying Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)?

Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 55% Above Its Share Price

Sep 18
Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 55% Above Its Share Price

Bachoco Is One Of North America's Cheapest Stocks

Sep 13

Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?

Sep 03
Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?

Industrias Bachoco. de's (NYSE:IBA) Returns On Capital Are Heading Higher

Aug 04
Industrias Bachoco. de's (NYSE:IBA) Returns On Capital Are Heading Higher

Industrias Bachoco. de's (NYSE:IBA) Dividend Will Be Increased To US$0.42

Jun 28
Industrias Bachoco. de's (NYSE:IBA) Dividend Will Be Increased To US$0.42

What Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Doing?

Jun 17
What Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Doing?

These 4 Measures Indicate That Industrias Bachoco. de (NYSE:IBA) Is Using Debt Safely

May 30
These 4 Measures Indicate That Industrias Bachoco. de (NYSE:IBA) Is Using Debt Safely

The Returns On Capital At Industrias Bachoco. de (NYSE:IBA) Don't Inspire Confidence

Apr 12
The Returns On Capital At Industrias Bachoco. de (NYSE:IBA) Don't Inspire Confidence

Should You Investigate Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) At US$38.61?

Mar 10
Should You Investigate Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) At US$38.61?

Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) 1.9% Dividend Worth Your Time?

Feb 23
Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) 1.9% Dividend Worth Your Time?

Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?

Feb 08
Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?

Industrias Bachoco EPS beats by $0.13, beats on revenue

Feb 03

Industrias Bachoco. de (NYSE:IBA) Share Prices Have Dropped 33% In The Last Three Years

Jan 26
Industrias Bachoco. de (NYSE:IBA) Share Prices Have Dropped 33% In The Last Three Years

Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 89% Above Its Share Price

Jan 13
Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 89% Above Its Share Price

Should You Be Impressed By Industrias Bachoco. de's (NYSE:IBA) Returns on Capital?

Dec 31
Should You Be Impressed By Industrias Bachoco. de's (NYSE:IBA) Returns on Capital?

Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Dec 17
Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?

Industrias Bachoco invests in RYC Alimentos in Mexico

Dec 16

What Does Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Indicate?

Dec 04
What Does Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Indicate?

Does Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Have A Place In Your Dividend Portfolio?

Nov 21
Does Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Have A Place In Your Dividend Portfolio?

Shareholder Returns

IBAA.YUS FoodUS Market
7D2.2%-4.4%-2.4%
1Y23.4%-5.2%23.4%

Return vs Industry: IBAA.Y exceeded the US Food industry which returned -7.1% over the past year.

Return vs Market: IBAA.Y exceeded the US Market which returned 1% over the past year.

Price Volatility

Is IBAA.Y's price volatile compared to industry and market?
IBAA.Y volatility
IBAA.Y Average Weekly Movementn/a
Food Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: IBAA.Y has not had significant price volatility in the past 3 months.

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

About the Company

FoundedEmployeesCEOWebsite
195234,829Ernesto Salmon Castelobachoco.com.mx

Industrias Bachoco, S.A.B. de C.V., through its subsidiaries, engages in the breeding, processing, and marketing poultry products in Mexico and internationally. It is involved in the production and distribution of range of chicken products; and production and distribution of white, red, and free-range eggs. The company also provides beef, pork, swine, and balanced animal feed products, as well as various egg dishes.

Industrias Bachoco, S.A.B. de C.V. Fundamentals Summary

How do Industrias Bachoco. de's earnings and revenue compare to its market cap?
IBAA.Y fundamental statistics
Market capUS$2.97b
Earnings (TTM)US$157.25m
Revenue (TTM)US$5.56b

18.9x

P/E Ratio

0.5x

P/S Ratio

Is IBAA.Y overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IBAA.Y income statement (TTM)
RevenueMex$95.25b
Cost of RevenueMex$81.34b
Gross ProfitMex$13.91b
Other ExpensesMex$11.22b
EarningsMex$2.70b

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.50
Gross Margin14.61%
Net Profit Margin2.83%
Debt/Equity Ratio8.8%

How did IBAA.Y perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

0%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2023/08/17 12:08
End of Day Share Price 2023/08/14 00:00
Earnings2023/06/30
Annual Earnings2022/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Industrias Bachoco, S.A.B. de C.V. is covered by 10 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Gustavo TeranActinver Case de Bolsa, S.A. de C.V.
Miguel Ulloa SuárezBBVA Corporate and Investment Bank
Fernando OlveraBofA Global Research