Medica Sur SA de CV Class B

Medica Sur SA de CV Class B

53.00
MXN
+0.50
(+0.95%)
4.14EPS
7.54P/E
3.24BMarket Cap
Dec 02Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
18.3
18.59
18.48
20.36
27.83
29.26
22.29
25.49
30.92
35.83
38.26
41.02
44.32
42.37
Basic EPS, GAAP
3.08
2.83
1.96
1.16
1.88
1.27
1.14
4.53
9.36
8.8
5.88
4.3
5
4.51
Free Cash Flow per Basic Share
2.25
1.28
0.81
-0.26
-0.42
1.02
3.63
7.89
5.44
0.7
2
4.9
7.43
5.45
Dividend per Share
1.54
0.07
0.82
0.65
0.67
0.59
0.01
- -
1.31
27.98
6.11
1.41
1.36
1.34
Book Value per Share
22.36
25.2
26.3
26.79
27.95
28.73
29.87
32.51
39.85
23.36
21.27
24.56
27.61
26.05
Tangible Book Value per Share
20.55
23.38
24.49
14.08
15.44
16.37
18.58
21.34
38.85
22.22
19.98
23.27
26.04
24.4
Basic Weighted Avg Shares
123
123
123
123
123
123
123
123
123
108
108
107
108
107
Sales/Revenue/Turnover
2,256
2,292
2,279
2,510
3,431
3,608
2,748
3,143
3,812
3,868
4,130
4,403
4,789
4,528
Operating Margin (%)
22.52
20.38
15.21
7.78
13.84
10.11
12.99
20.32
19.59
14.86
14.31
12.9
16.76
13.1
Depreciation Expense
110
117
122
325
220
221
158
324
177
169
179
194
200
199
Net Income, GAAP
380
349
241
143
232
156
141
559
1,155
950
635
462
540
482
Effective Tax Rate (%)
24.6
26.19
31.03
26.58
31.97
40.77
24.49
29.96
41.71
30.22
24.76
28.89
32.61
29.58
Profit Margin (%)
16.83
15.23
10.58
5.68
6.76
4.33
5.12
17.78
30.28
24.56
15.38
10.48
11.28
10.64
Working Capital
54
182
204
257
386
243
80
655
3,129
688
233
-444
711
-323
LT Debt
- -
- -
- -
1,284
1,351
1,088
1,114
1,196
1,035
1,023
1,008
12
1,003
12
Total Equity
2,758
3,107
3,243
3,308
3,447
3,543
3,682
4,009
4,914
2,522
2,037
2,344
2,523
2,486
Return on Invested Capital (%)
12.61
10.89
6.82
3.84
7.02
4.66
5.32
7.73
6.15
7.69
15.08
11.23
14.28
12.1
Return on Capital (%)
13.85
11.9
7.59
4.04
6.95
5.09
4.87
12.22
21.22
21.01
20.89
16.01
17.72
15.98
Return on Common Equity (%)
14.21
11.91
7.59
4.36
6.87
4.47
3.89
14.54
25.88
25.55
27.87
21.08
22.21
20.76

Capital Structure

MXN

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
1,014
1,014
1,015
LT Borrowings
- -
- -
- -
LT Finance Leases
7
12
12
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
96
95
95
Market Capitalization
2,729
3,244
3,244

Working Capital

MXN

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
1,463
1,558
1,765
Cash, Cash Equivalents & STI
974
1,122
1,315
Accounts Receivable, Net
339
263
309
Inventories
116
113
109
Total Current Liabilities
2,079
2,002
2,088
Payables & Accruals
- -
- -
- -
ST Debt
1,014
1,014
1,015
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.09%
-4.53%
7.62%
Free Cash Flow
22.6%
52.27%
52.69%
Net Income, GAAP
32.21%
9.09%
17.06%
Sales/Revenue/Turnover
8.74%
8.98%
8.77%
Total Cash Common Dividend
8,833.57%
17,709.61%
-2.7%

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,080
1,074
1,117
1,132
4,403
2025
1,205
- -
- -
1,223
4,789
2026
1,195
1,144
- -
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.1
0.8
1.1
1.3
4.3
2025
1.3
- -
- -
1.3
5
2026
1.2
1.1
- -
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
1.33
0.03
0.03
1.41
2025
- -
- -
- -
0.01
1.36
2026
- -
1.32
- -
- -
- -

Company Description

CEO
Octavio González Chon
Full Time Employees
2,228
Sector
Health services
Industry
Medical/Nursing services
Address
Puente de Piedra 150 Mexico City DF Mexico 14050
IPO Date
Mar 10, 1994
Business
Médica Sur, S.A.B. de C.V. (MEDICAB.MX) operates as a leading healthcare provider in Mexico, managing specialty hospitals, emergency and diagnostic centers, medical laboratories, organ and blood banks, and accommodation facilities. The company offers a comprehensive range of medical services including angiology, vascular and endovascular surgery; bariatric surgery; cancer treatment; cardiology; checkups and preventive medicine; pediatrics; dentistry; emergency care; endocrinology; gastroenterology, hepatology and endoscopy; general surgery; geriatrics; gynecology and obstetrics; specialized surgery; neonatology; neurology, neurosurgery and gamma knife radiosurgery; neurophysiology; nuclear medicine; orthopedics and traumatology; outpatient surgery; plastic surgery; robotic surgery; spine microsurgery; transplants; urology; vascular disease treatments; imaging and MRI services; anatomic pathology; oncology; ophthalmology; otolaryngology; radiology; and radiosurgery. Additional offerings encompass accommodation; concierge services; digital hospital and telemedicine; gourmet dining; assistance with insurance paperwork; medical tourism; tours and transportation; and pharmaceutical distribution. Founded in 1981 and headquartered in Mexico City at Puente de Piedra No. 150, Toriello Guerra, Tlalpan, the company serves patients through its flagship 190-bed facility featuring 15 operating rooms, 15 intensive care units, 13 adult emergency units, three pediatric emergency cubicles, one orthopedic emergency unit, and 542 medical offices across three towers. Specialized centers include the Integral Oncology Center with radiotherapy; Center for Neurology and Neurosurgery; Gastroenterology; Urology; Hemodynamics; Hemodialysis; Positron Emission Tomography; Comprehensive Diagnostic Center; and advanced imaging with tomography, magnetic resonance, and PET-CT. Médica Sur targets private patients, insured individuals, and international medical tourists, primarily in Mexico with a focus on high-complexity care, and operates through subsidiaries such as Corporacion de Atencion Medica SA de CV, El Portal Medico SA de CV, Servicios de Administracion Hospitalaria SA de CV, and Telemed SA de CV; it is a subsidiary of Neuco SAPI de CV and a member of the Mayo Clinic Care Network since 2014, marking its 10th anniversary in 2024 with enhanced collaboration including a Mayo Clinic patient information office opened in 2018. In recent developments, the company has maintained strategic stability with no major acquisitions or funding rounds reported in 2024-2025, instead focusing on operational enhancements such as ongoing equipment modernization including Pentero 900 microscopes, 4K laparoscopy towers, Lasik devices, cardiovascular systems, robotic clinical analyzers, OPMI Lumera 700 microscopes, and PET-CT upgrades. It continues to prioritize teaching, training for young doctors, and scientific publications while upholding JCI accreditation and top rankings as Mexico's leading hospital per America Economia. Geographic operations remain centered in Mexico City, serving national and international patients through its integrated healthcare model.