OTCPK:CDSA.F

Stock Analysis Report

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Executive Summary

Cydsa, S.A.B. de C.V., through its subsidiaries, produces and markets salt, chlorine, caustic soda, chemical specialties, and refrigerant gases in Mexico, the United States, Canada, Central and South America, and Europe.


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has Cydsa. de's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

CDSA.F

-1.5%

US Chemicals

1.3%

US Market


1 Year Return

n/a

CDSA.F

-5.1%

US Chemicals

6.1%

US Market

Return vs Industry: Insufficient data to determine how CDSA.F performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how CDSA.F performed against the US Market.


Shareholder returns

CDSA.FIndustryMarket
7 Day0%-1.5%1.3%
30 Day0%-5.7%-0.3%
90 Day-6.7%12.3%16.6%
1 Yearn/a-2.9%-5.1%8.4%6.1%
3 Year-25.6%-25.6%12.5%-8.6%35.8%26.9%
5 Yearn/a33.2%3.1%62.7%44.7%

Price Volatility Vs. Market

How volatile is Cydsa. de's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Cydsa. de undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CDSA.F ($0.9) is trading below our estimate of fair value ($2.27)

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


Price To Earnings Ratio

PE vs Industry: CDSA.F is good value based on its PE Ratio (8.7x) compared to the Chemicals industry average (20.4x).

PE vs Market: CDSA.F is good value based on its PE Ratio (8.7x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate CDSA.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: CDSA.F is good value based on its PB Ratio (1.1x) compared to the US Chemicals industry average (2x).


Next Steps

Future Growth

How is Cydsa. de forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.3%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Cydsa. de has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

  • Examine whether Cydsa. de is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Cydsa. de's filings and announcements here.
  • Explore growth companies in the Materials industry.

Past Performance

How has Cydsa. de performed over the past 5 years?

30.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CDSA.F has high quality earnings.

Growing Profit Margin: CDSA.F's current net profit margins (12.8%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: CDSA.F's earnings have grown significantly by 30.2% per year over the past 5 years.

Accelerating Growth: CDSA.F's earnings growth over the past year (58%) exceeds its 5-year average (30.2% per year).

Earnings vs Industry: CDSA.F earnings growth over the past year (58%) exceeded the Chemicals industry -11.3%.


Return on Equity

High ROE: CDSA.F's Return on Equity (12.6%) is considered low.


Next Steps

Financial Health

How is Cydsa. de's financial position?


Financial Position Analysis

Short Term Liabilities: CDSA.F's short term assets (MX$7.9B) exceed its short term liabilities (MX$3.2B).

Long Term Liabilities: CDSA.F's short term assets (MX$7.9B) do not cover its long term liabilities (MX$16.4B).


Debt to Equity History and Analysis

Debt Level: CDSA.F's debt to equity ratio (123.7%) is considered high.

Reducing Debt: CDSA.F's debt to equity ratio has increased from 43.5% to 123.7% over the past 5 years.

Debt Coverage: CDSA.F's debt is not well covered by operating cash flow (18.6%).

Interest Coverage: CDSA.F's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Cydsa. de current dividend yield, its reliability and sustainability?

1.64%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CDSA.F's dividend (1.64%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: CDSA.F's dividend (1.64%) is low compared to the top 25% of dividend payers in the US market (4.58%).


Stability and Growth of Payments

Stable Dividend: CDSA.F has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CDSA.F's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.3%), CDSA.F's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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


CEO

Tomás Roberto González Sada (77yo)

no data

Tenure

Mr. Tomás Roberto González Sada serves as the Chairman, President and Chief Executive Officer of Cydsa SAB de CV. Mr. González Sada serves as Chairman of the Board and Chief Executive Officer of Grupo Cyds ...


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

Cydsa, S.A.B. de C.V.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cydsa, S.A.B. de C.V.
  • Ticker: CDSA.F
  • Exchange: OTCPK
  • Founded: 1945
  • Industry: Commodity Chemicals
  • Sector: Materials
  • Market Cap: Mex$11.773b
  • Listing Market Cap: Mex$518.187m
  • Shares outstanding: 560.87m
  • Website: https://www.cydsa.com

Number of Employees


Location

  • Cydsa, S.A.B. de C.V.
  • Ave. Ricardo Margain Zozaya 335 Torre 2
  • Col. Pedro Lozano
  • Monterrey
  • Nuevo Leon
  • 66265
  • Mexico

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CYDSASA ABMV (Bolsa Mexicana de Valores)YesSeries A SharesMXMXNJan 1986
CDSA.FOTCPK (Pink Sheets LLC)YesSeries A SharesUSUSDJan 1986

Biography

Cydsa, S.A.B. de C.V., through its subsidiaries, produces and markets salt, chlorine, caustic soda, chemical specialties, and refrigerant gases in Mexico, the United States, Canada, Central and South America, and Europe. The company operates through Chemical Products and Specialties, Refrigerant Gases, and Energy Processing and Logistics segments. It offers various chemical products, including edible and industrial salts, light salt, salt substitute, Kosher and halal grade salt, salt with chili and lime, and coarse sea salt for use in household and commercial human consumption, food industry, and industrial processes. The company also provides chlorine, liquid and gas, chlorine in cylinders, sodium hypochlorite, caustic potash, synthetic hydrochloric acid, and muriatic acid, as well as liquid, solid, and rayon and membrane grade caustic soda for use in chemical and petrochemical industries, water treatment, oils, cellulose, papers, bottling, pesticides, bleaches, detergents and soaps, plastics, pigments, paints, and mining and extraction of metals. In addition, it offers refrigerant, propellant, and blowing gases, as well as gases for fluoropolymers and anesthetic medical products for use in industrial, commercial and domestic refrigeration, home appliances, and pharmaceutical industries. Further, the company is involved in the electricity and steam cogeneration business; and hydrocarbons processing and underground storage business. Additionally, it provides liquid petroleum gas storage services. The company offers its products under the La Fina, Cisne, Klara, Marfil, Gallo, Palomitos, Bakara, Elefante, Carmen, Brisa de Occidente, IQUISA, Genetron, and Eco Flush trademarks. Cydsa, S.A.B. de C.V. was founded in 1945 and is headquartered in Monterrey, Mexico. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 00:37
End of Day Share Price2020/04/20 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.