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Industrias Bachoco. de Past Earnings Performance
Past criteria checks 2/6
Industrias Bachoco. de has been growing earnings at an average annual rate of 8.6%, while the Food industry saw earnings growing at 8.9% annually. Revenues have been growing at an average rate of 11.9% per year. Industrias Bachoco. de's return on equity is 4.9%, and it has net margins of 2.8%.
Key information
8.6%
Earnings growth rate
8.6%
EPS growth rate
| Food Industry Growth | 16.0% |
| Revenue growth rate | 11.9% |
| Return on equity | 4.9% |
| Net Margin | 2.8% |
| Last Earnings Update | 30 Jun 2023 |
Recent past performance updates
Recent updates
Industrias Bachoco GAAP EPS of Ps0.13, revenue of Ps23.63B
Feb 09Industrias Bachoco announces CEO change
Jan 26Industrias Bachoco GAAP EPS of Ps.1.62, revenue of Ps.24.46B
Oct 24Industrias Bachoco: Long-Term Trend Has Turned Bullish
Oct 13Bachoco receives voluntary tender offer for 27% shares
Oct 06Industrias Bachoco: A Long-Term Wager With A Bunch Of Tailwinds
Jul 26Industrias Bachoco Ahead Of Cost Of Sales Increases From Ukraine Conflict
Jul 19Industrias Bachoco: Further Consolidation Could Push The Price Up
May 02Is Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Trading At A 23% Discount?
Jan 18
Industrias Bachoco Is A Very Interesting Opportunity
Jan 06Industrias Bachoco. de (NYSE:IBA) Hasn't Managed To Accelerate Its Returns
Dec 28Does Industrias Bachoco. de (NYSE:IBA) Have A Healthy Balance Sheet?
Dec 11Is It Time To Consider Buying Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA)?
Oct 03Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 55% Above Its Share Price
Sep 18Bachoco Is One Of North America's Cheapest Stocks
Sep 13Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?
Sep 03Industrias Bachoco. de's (NYSE:IBA) Returns On Capital Are Heading Higher
Aug 04Industrias Bachoco. de's (NYSE:IBA) Dividend Will Be Increased To US$0.42
Jun 28What Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Doing?
Jun 17These 4 Measures Indicate That Industrias Bachoco. de (NYSE:IBA) Is Using Debt Safely
May 30The Returns On Capital At Industrias Bachoco. de (NYSE:IBA) Don't Inspire Confidence
Apr 12Should You Investigate Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) At US$38.61?
Mar 10Is Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) 1.9% Dividend Worth Your Time?
Feb 23Is Industrias Bachoco. de (NYSE:IBA) Using Too Much Debt?
Feb 08
Industrias Bachoco EPS beats by $0.13, beats on revenue
Feb 03Industrias Bachoco. de (NYSE:IBA) Share Prices Have Dropped 33% In The Last Three Years
Jan 26Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Intrinsic Value Is Potentially 89% Above Its Share Price
Jan 13Should You Be Impressed By Industrias Bachoco. de's (NYSE:IBA) Returns on Capital?
Dec 31Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Stock Is Rallying But Financials Look Ambiguous: Will The Momentum Continue?
Dec 17Industrias Bachoco invests in RYC Alimentos in Mexico
Dec 16What Does Industrias Bachoco, S.A.B. de C.V.'s (NYSE:IBA) Share Price Indicate?
Dec 04Does Industrias Bachoco, S.A.B. de C.V. (NYSE:IBA) Have A Place In Your Dividend Portfolio?
Nov 21Revenue & Expenses Breakdown
How Industrias Bachoco. de makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 23 | 95,249 | 2,696 | 8,725 | 0 |
| 31 Mar 23 | 97,796 | 4,470 | 8,618 | 0 |
| 31 Dec 22 | 98,891 | 6,114 | 8,506 | 0 |
| 30 Sep 22 | 96,508 | 6,717 | 8,207 | 0 |
| 30 Jun 22 | 92,280 | 6,589 | 7,884 | 0 |
| 31 Mar 22 | 86,708 | 5,122 | 7,490 | 0 |
| 31 Dec 21 | 81,699 | 5,066 | 7,128 | 0 |
| 30 Sep 21 | 78,777 | 5,397 | 6,837 | 0 |
| 30 Jun 21 | 76,840 | 5,381 | 6,647 | 0 |
| 31 Mar 21 | 72,411 | 3,869 | 6,485 | 0 |
| 31 Dec 20 | 68,792 | 3,936 | 6,420 | 0 |
| 30 Sep 20 | 65,597 | 3,181 | 6,334 | 0 |
| 30 Jun 20 | 62,618 | 3,464 | 6,231 | 0 |
| 31 Mar 20 | 63,070 | 5,088 | 6,215 | 0 |
| 31 Dec 19 | 61,655 | 3,220 | 6,117 | 0 |
| 30 Sep 19 | 61,942 | 3,709 | 6,174 | 0 |
| 30 Jun 19 | 60,743 | 2,408 | 6,175 | 0 |
| 31 Mar 19 | 60,073 | 2,393 | 6,113 | 0 |
| 31 Dec 18 | 61,052 | 3,350 | 6,024 | 0 |
| 30 Sep 18 | 60,664 | 4,219 | 5,891 | 0 |
| 30 Jun 18 | 60,765 | 5,405 | 5,739 | 0 |
| 31 Mar 18 | 59,668 | 5,552 | 5,548 | 0 |
| 31 Dec 17 | 58,050 | 4,948 | 5,423 | 0 |
| 30 Sep 17 | 57,224 | 4,334 | 5,228 | 0 |
| 30 Jun 17 | 55,620 | 4,148 | 5,100 | 0 |
| 31 Mar 17 | 53,866 | 4,004 | 4,987 | 0 |
| 31 Dec 16 | 52,020 | 3,947 | 4,848 | 0 |
| 30 Sep 16 | 49,464 | 3,354 | 4,708 | 0 |
| 30 Jun 16 | 48,187 | 3,328 | 4,577 | 0 |
| 31 Mar 16 | 46,662 | 3,145 | 4,437 | 0 |
| 31 Dec 15 | 46,229 | 3,813 | 4,323 | 0 |
| 30 Sep 15 | 45,491 | 4,498 | 4,186 | 0 |
| 30 Jun 15 | 44,770 | 4,838 | 4,042 | 0 |
| 31 Mar 15 | 43,542 | 4,531 | 3,918 | 0 |
| 31 Dec 14 | 41,779 | 3,927 | 3,781 | 0 |
| 30 Sep 14 | 40,606 | 2,545 | 3,579 | 0 |
| 30 Jun 14 | 39,427 | 1,775 | 3,462 | 0 |
| 31 Mar 14 | 39,365 | 2,060 | 3,368 | 0 |
| 31 Dec 13 | 39,711 | 2,038 | 3,291 | 0 |
| 30 Sep 13 | 40,697 | 2,943 | 3,347 | 0 |
| 30 Jun 13 | 41,161 | 3,217 | 3,359 | 0 |
| 31 Mar 13 | 40,019 | 2,162 | 3,390 | 0 |
| 31 Dec 12 | 39,367 | 2,185 | 3,397 | 0 |
| 30 Sep 12 | 37,204 | 2,592 | 3,372 | 0 |
Quality Earnings: IBAA.Y has high quality earnings.
Growing Profit Margin: IBAA.Y's current net profit margins (2.8%) are lower than last year (7.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: IBAA.Y's earnings have grown by 8.6% per year over the past 5 years.
Accelerating Growth: IBAA.Y's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IBAA.Y had negative earnings growth (-59.1%) over the past year, making it difficult to compare to the Food industry average (2.4%).
Return on Equity
High ROE: IBAA.Y's Return on Equity (4.9%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/08/17 20:16 |
| End of Day Share Price | 2023/08/14 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
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.
| Analyst | Institution |
|---|---|
| Gustavo Teran | Actinver Case de Bolsa, S.A. de C.V. |
| Miguel Ulloa Suárez | BBVA Corporate and Investment Bank |
| Fernando Olvera | BofA Global Research |