1. Mexico Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
Grupo Bafar, S.A.B. de C.V.

Grupo Bafar, S.A.B. de C.V.

BAFARB.MX
Grupo Bafar, S.A.B. de C.V.MX flagMexican Stock Exchange
121.20
MXN
- -
- -
37.60BMarket Cap
Grupo Bafar, S.A.B. de C.V.
BAFARB.MX
(Mexican Stock Exchange)

Recent

price

121.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
TTM
FRC
11.7
13.12
14.47
15.77
17.53
19.48
22.64
24.88
28.57
30.24
35.17
39.97
43.57
47.92
51.11
66.16
79.07
Revenue per Share
1.56
0.58
0.37
0.48
0.81
1.41
1.94
0.93
0.95
1.16
0.5
1.4
2.02
2.32
2.46
3.94
4.29
Basic EPS, GAAP
-0.06
0.8
-0.16
0.97
-1.29
0.65
-0.97
2.2
-0.84
-0.9
-0.74
- -
-0.65
-0.14
2.17
0.39
1.49
Free Cash Flow per Basic Share
0.06
0.12
0.07
- -
- -
- -
- -
0.49
- -
- -
- -
- -
0.22
0.35
0.42
0.48
0.15
Dividend per Share
- -
- -
7.42
6.77
7.16
9.94
11.74
12.12
13.02
14.02
13.91
19.92
17.27
18.51
20.99
24.81
27.46
Book Value per Share
3.6
3.79
7.47
4.1
4.47
7.06
8.59
9.41
10.4
11.43
11.39
20.57
16.78
19.71
20.94
26.71
29.65
Tangible Book Value per Share
332
329
330
332
336
327
326
324
319
321
319
319
318
319
318
313
309
Basic Weighted Avg Shares
3,878
4,319
4,776
5,231
5,895
6,362
7,372
8,059
9,126
9,709
11,208
12,736
13,864
15,273
16,272
20,697
24,466
Sales/Revenue/Turnover
8.22
7.04
7.17
5.83
6.16
6.59
5.79
6.81
7.47
7.06
6.98
7
5.37
6.58
8.72
9.66
9.1
Operating Margin (%)
85
88
-1
147
171
152
161
196
234
272
324
- -
349
483
520
509
573
Depreciation Expense
519
190
123
160
272
461
631
300
304
372
158
445
643
738
785
1,231
1,328
Net Income, GAAP
65.77
- -
20.58
30.46
26.39
- -
- -
34.12
29.49
- -
36.07
37.15
- -
- -
17.52
12.11
13.33
Effective Tax Rate (%)
13.38
4.4
2.58
3.05
4.62
7.25
8.56
3.73
3.33
3.83
1.41
3.5
4.64
4.83
4.82
5.95
5.43
Profit Margin (%)
311
291
256
322
432
342
406
38
-237
955
351
764
511
-1,423
168
1,351
1,426
Working Capital
- -
- -
301
224
184
148
55
69
56
1,918
2,324
2,992
3,611
3,044
4,963
8,148
9,367
LT Debt
2,214
2,313
2,464
2,623
2,826
3,328
3,898
3,984
4,220
4,511
4,642
6,554
6,777
7,465
7,848
9,538
10,414
Total Equity
4.75
- -
8.91
6.5
7.7
- -
- -
6.51
7.69
- -
6.01
5.7
- -
- -
7.6
9.52
9.13
Return on Invested Capital (%)
236.89
- -
13.86
6.33
9.95
- -
- -
6.78
6.65
- -
6.09
4.79
- -
- -
6.4
7.67
6.7
Return on Capital (%)
- -
- -
10.05
6.79
11.71
16.3
17.86
7.75
7.52
8.59
3.55
8.26
10.87
12.96
12.47
17.05
16.74
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'22
Jun'22
Sep'22
ST Debt
3,408
1,984
3,039
LT Borrowings
7,733
9,245
9,042
LT Finance Leases
374
350
326
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
310
310
310
Market Capitalization
18,461
16,386
13,165

Working Capital

FRC

•

in mil. unless spec.
Mar'22
Jun'22
Sep'22
Total Current Assets
5,629
5,745
5,710
Cash, Cash Equivalents & STI
1,374
725
931
Accounts Receivable, Net
1,696
1,825
1,600
Inventories
1,437
2,064
1,995
Total Current Liabilities
4,293
3,572
4,284
Payables & Accruals
- -
- -
- -
ST Debt
3,408
1,984
3,039
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.65%
16.28%
21.53%
Free Cash Flow
- -
- -
-82.26%
Net Income, GAAP
25.43%
60.7%
56.92%
Sales/Revenue/Turnover
12.66%
13.28%
27.19%
Total Cash Common Dividend
- -
- -
12.36%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
4,428
4,936
5,027
6,307
20,697
2022
6,359
6,198
6,122
6,118
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.88
1.35
0.43
- -
3.94
2022
3.67
-0.01
0.61
2.91
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.09
0.09
0.61
- -
0.48
2022
1.13
0.18
- -
0.16
- -
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Business
Grupo Bafar, S.A.B. de C.V. (BAFARB.MX) operates as a vertically integrated holding company in the Mexican food industry, producing, processing, distributing and selling a wide range of meat and dairy products through its subsidiaries in Mexico and internationally. The company offers packaged meats including beef, pork, chicken, turkey, nuggets, tenders and cold cuts such as ham, sausage, bologna, salami, bacon and salchichon; dairy products like cheese and yogurt; and branded items under labels including Parma, Sabori, Country, Griller's, Country Dishes, Montebello, Bafar, Burr, Ponderosa, Perry and Three Castles; it also provides fresh poultry, red meat cuts, pork, fish and agroindustrial outputs with three self-service retail chains specializing in red meat, BIF, Carnemart and La Pastora stores. Founded in 1983 and headquartered in Chihuahua, Mexico, at Km. 7.5 Carretera a Cuauhtemoc, Colonia Las Animas, Grupo Bafar conducts operations across multiple segments including Consumer Products, Retail, International, New Fiber, Vector, Insurance, B Insurance and Flycapital, encompassing food production, real estate acquisition and leasing, microcredit and business loans for commercial, agricultural and livestock sectors, and insurance services for small and medium-sized enterprises. Recent developments include the inauguration of a new pepperoni plant at its agroindustrial complex in La Piedad, Michoacan, in February 2024 with a $550 million peso investment and monthly capacity of 1,000 tons; strategic investments totaling approximately $794 million pesos in the first quarter of 2024 focused on real estate, distribution center and store remodelings, digitalization projects and the pepperoni line; acceleration of digital transformation initiatives in Mexico and the U.S. with Google Cloud as of November 2024; a partnership with Conalep for professional practices and educational support for youth; recognition among Mexico's top 30 companies for corporate sustainability; and sustained sales growth of 15.5% with 18% utility increase driven by innovation and expansion strategies.