Desarrolladora Homex, S.A.B. de C.V.

    Desarrolladora Homex, S.A.B. de C.V.

    BBMV:HOMEX
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    MXN
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    0.19P/E

    Share Statistics

    As of March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. has 7.78B shares outstanding.

    Shares Outstanding7.78B

    Valuation Ratios

    As of March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. trades at a trailing price-to-earnings ratio of 0.19. The price-to-sales ratio is 0.22, and the price-to-book ratio stands at 2.05.

    PE Ratio0.19
    PS Ratio0.22
    PB Ratio2.05
    P/TBV Ratio2.05
    P/FCF Ratio0.42
    P/OCF Ratio0.42

    Enterprise Valuation

    As of March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. trades at an EV/EBITDA multiple of 0.65 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.31 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 0.65 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Desarrolladora Homex, S.A.B. de C.V. trades at an EV/FCF ratio of 0.52, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

    EV / Sales0.31
    EV / EBITDA0.65
    EV / EBIT0.65
    EV / FCF0.52

    Financial Position

    As of March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. maintains a current ratio of 0.70, meaning it holds 0.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 48.84, indicating elevated leverage, while an interest coverage ratio of 6.48 demonstrates adequate ability to service its debt obligations.

    Current Ratio0.70
    Quick Ratio0.07
    Debt / Equity48.84
    Debt / EBITDA0.14
    Interest Coverage6.48

    Financial Efficiency

    These figures cover the twelve months ended March 31, 2022. Return on invested capital (ROIC) is negative at -75.61, so the business is destroying capital rather than earning a return above its cost of capital. Return on assets (ROA) stands at 60.75, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is negative at -200.53, pointing to unprofitable operations over the period. Inventory turnover of 0.77 indicates how many times Desarrolladora Homex, S.A.B. de C.V. sells and replaces its inventory over a year, a key working capital efficiency ratio.

    Return on Assets (ROA)60.75
    Return on Invested Capital (ROIC)-75.61
    Return on Capital Employed (ROCE)-200.53
    Inventory Turnover0.77

    Taxes

    These figures cover the twelve months ended March 31, 2022. That works out to an effective tax rate of 1.43, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items.

    Effective Tax Rate1.43

    Margins

    Over the twelve months ended March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. posted a gross margin of 13.61, reflecting its pricing power and cost economics. The operating margin of 47.26 and net profit margin of 116.85 provide insight into operational efficiency.

    Gross Margin13.61
    Operating Margin47.26
    Pretax Margin35.02
    Profit Margin116.85
    EBITDA Margin47.26

    Dividends & Yields

    These figures cover the twelve months ended March 31, 2022. Free cash flow yield stands at 238.05, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -136.33, meaning Desarrolladora Homex, S.A.B. de C.V. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

    Shareholder Yield-136.33
    FCF Yield238.05

    Stock Splits

    Desarrolladora Homex, S.A.B. de C.V.'s most recent stock split took place on October 23, 2015 with a 10:1 split ratio.

    Last Split Date10/23/2015
    Split Ratio10:1

    Scores

    As of March 31, 2022, Desarrolladora Homex, S.A.B. de C.V. has an Altman Z-Score of -8.67, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

    Altman Z-Score-8.67