1. Mexico Stocks

  2. •

    Consumer Cyclical

  3. •

    Restaurants
Alsea, S.A.B. de C.V.

Alsea, S.A.B. de C.V.

ALSEA.MX
Alsea, S.A.B. de C.V.MX flagMexican Stock Exchange
44.87
MXN
-0.23
- -
35.71BMarket Cap
Alsea, S.A.B. de C.V.
ALSEA.MX
(Mexican Stock Exchange)

Recent

price

44.87

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
14.48
17.51
21.21
22.83
27.2
38.55
45.19
51.07
55.24
69.59
45.91
63.65
80.19
92.25
97.99
106.54
103.58
Revenue per Share
0.24
0.34
0.57
0.99
0.8
1.17
1.19
1.31
1.14
1.11
-3.86
0.88
2.07
3.66
0.95
2.79
2.88
Basic EPS, GAAP
0.31
0.14
0.48
0.21
-0.06
0.41
1.35
-0.69
2.87
9.78
5.01
13.87
12.62
-580.89
-246.15
12.42
14.73
Free Cash Flow per Basic Share
0.4
0.2
- -
0.5
- -
0.5
0.83
0.87
0.86
- -
- -
- -
- -
- -
1.21
0.54
- -
Dividend per Share
2.02
2.43
2.47
2.79
3.18
3.85
4.32
4.91
5.25
3.63
-0.24
-0.17
1.5
5.1
4.88
7.17
4.8
Book Value per Share
3.39
3.88
3.78
1.64
-6.01
-5.78
-6.1
-5.71
-17.15
-18.95
-25.26
-22.29
-20.71
-18.79
-20.69
-21.01
2.86
Tangible Book Value per Share
621
609
637
688
838
837
834
833
836
836
839
839
839
815
810
801
807
Basic Weighted Avg Shares
8,996
10,669
13,520
15,698
22,787
32,288
37,702
42,529
46,157
58,155
38,495
53,379
67,244
75,192
79,342
85,356
83,627
Sales/Revenue/Turnover
3.65
4.68
5.78
6.84
7.14
7.37
7.43
7.32
7.14
7.86
-3.94
7.74
9.33
10.58
10.4
9.85
9.74
Operating Margin (%)
675
670
811
923
1,333
1,948
2,388
2,752
3,115
8,047
8,212
8,178
7,584
7,936
8,686
9,677
7,802
Depreciation Expense
151
210
365
681
667
981
996
1,089
953
927
-3,236
734
1,738
2,982
768
2,232
2,325
Net Income, GAAP
44.56
31.13
35.29
29.9
36.19
32.17
31.96
40.02
38
36.94
- -
31.61
34.42
30.64
36.1
37.21
31.54
Effective Tax Rate (%)
1.68
1.97
2.7
4.34
2.93
3.04
2.64
2.56
2.07
1.59
-8.41
1.38
2.58
3.97
0.97
2.62
2.78
Profit Margin (%)
171
2,172
-119
-489
-2,460
-2,269
-2,927
-7,037
-9,043
-8,779
-40,687
-7,916
-9,404
-10,136
-11,406
-21,538
-15,531
Working Capital
1,368
3,871
2,078
4,655
12,849
14,583
17,219
13,969
23,308
44,619
21,092
48,438
44,232
39,484
43,823
33,335
40,890
LT Debt
3,111
3,293
4,829
4,511
9,591
9,848
10,127
10,603
13,452
11,543
7,634
9,108
9,295
9,597
9,398
8,779
8,398
Total Equity
3.98
5.66
6.78
8.68
6.13
6.55
7.08
6.88
6.25
5.73
- -
4.37
6.68
9.79
9.13
8.72
9.38
Return on Invested Capital (%)
4.79
6.42
9.55
15.02
8.39
7.59
6.92
7.92
6.78
6.37
- -
5.54
8.06
12.21
7.1
9.23
9.57
Return on Capital (%)
11.57
15.32
23.86
38.99
29.1
33.31
29.19
28.34
22.51
24.99
- -
- -
- -
110.13
18.93
46.05
40.76
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
6,520
8,434
11,878
LT Borrowings
30,013
29,526
26,484
LT Finance Leases
13,810
14,674
14,406
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
809
804
803
Market Capitalization
35,285
35,262
41,158

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
13,338
12,092
13,130
Cash, Cash Equivalents & STI
6,468
4,075
4,792
Accounts Receivable, Net
2,004
1,850
2,028
Inventories
3,157
3,070
3,046
Total Current Liabilities
24,744
24,678
28,662
Payables & Accruals
- -
- -
- -
ST Debt
6,520
8,434
11,878
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.23%
3.19%
-6.59%
Free Cash Flow
-481.39%
-913.5%
-104.99%
Net Income, GAAP
-25.14%
40.44%
190.82%
Sales/Revenue/Turnover
11.98%
17.91%
7.58%
Total Cash Common Dividend
- -
- -
-56.12%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18,203
18,905
20,337
21,980
79,342
2025
19,836
21,474
22,024
- -
85,356
2026
20,103
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
0.35
-0.15
1.35
0.95
2025
0.28
1.41
0.81
- -
2.79
2026
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.21
2025
- -
- -
- -
- -
0.54
2026
- -
- -
- -
- -
- -
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Business
Alsea, S.A.B. de C.V. operates as a leading multi-brand restaurant operator in the foodservice sector, managing a diverse portfolio of fast-food, casual dining, coffee shops, and full-service restaurants across Latin America and Europe. The company offers core brands including Starbucks coffeehouses; Domino's Pizza; Burger King; Chili's Grill & Bar; P.F. Chang's China Bistro; Italianni's; California Pizza Kitchen; The Cheesecake Factory; Vips; Foster's Hollywood; Ginos; Popeyes; Pei Wei Asian Diner; Archies; and T.G.I. Fridays, with operations spanning Mexico, Spain, Chile, Argentina, Colombia, Uruguay, Paraguay, France, the Netherlands, Belgium, Luxembourg, Portugal, and Brazil. Headquartered in Mexico City and founded in 1997, Alsea supports its brands through subsidiaries providing logistics, food distribution, and shared services, targeting consumers in quick-service, cafeteria, and casual dining segments. Alsea recently signed a development agreement with Chipotle Mexican Grill in April 2025 to open its first Chipotle restaurants in Mexico by early 2026, marking entry into a new fast-casual brand amid international expansion efforts. The company plans a MX$6 billion investment in 2025 for 180-220 new store openings and digital innovation enhancements in Mexico to boost sales and operational efficiency. These initiatives follow prior expansions, such as acquiring Starbucks rights in BENELUX and France in 2019 and earlier purchases of Vips in 2014 and Grupo Zena in Spain.