1. Mexico Stocks

  2. •

    Process industries

  3. •

    Industrial specialties
Vitro SAB de CV Class A

Vitro SAB de CV Class A

4.70
MXN
0.00
(0.00%)
4.41EPS
5.37P/E
11.70BMarket Cap
Oct 23Next Earn
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
4.34
5.19
4.38
1.57
1.69
1.98
4.3
4.67
4.58
3.73
4.15
0.54
0.66
0.66
Basic EPS, GAAP
0.03
0.6
0.12
-0.01
2.83
0.36
0.4
0.34
0.13
-0.1
-0.23
0.04
0.27
0.27
Free Cash Flow per Basic Share
0.33
0.47
0.44
0.46
0.44
0.32
0.26
0.13
0.26
0.25
-0.27
0.57
0.54
- -
Dividend per Share
- -
- -
- -
- -
1.54
0.04
0.05
0.07
0.11
- -
0.04
0.02
0.06
- -
Book Value per Share
0.29
0.78
0.81
0.95
2.24
2.48
2.88
3.06
3.01
2.75
2.55
2.56
1.43
1.43
Tangible Book Value per Share
0.04
0.65
0.73
0.89
2.21
1.73
2.13
2.34
2.3
2.04
1.88
1.93
1.39
1.39
Basic Weighted Avg Shares
347
347
377
483
483
483
483
479
476
474
471
470
470
472
Sales/Revenue/Turnover
1,505
1,800
1,653
757
818
958
2,075
2,238
2,180
1,768
1,958
252
311
310
Operating Margin (%)
9.05
7.58
12.06
5.4
15.36
18.38
12.54
10.63
6.96
4.17
0.94
3.32
11.57
9.63
Depreciation Expense
156
159
137
56
45
49
112
119
137
145
148
15
16
- -
Net Income, GAAP
10
207
45
-4
1,367
175
194
162
64
-45
-107
18
129
129
Effective Tax Rate (%)
51.2
- -
26.81
- -
- -
12.21
26.09
22.16
16.52
1,244.16
- -
53.15
18.96
18.85
Profit Margin (%)
0.67
11.47
2.7
-0.51
167.06
18.24
9.34
7.23
2.94
-2.57
-5.45
7.09
41.57
41.64
Working Capital
-1,101
253
201
301
498
386
495
654
525
427
-273
242
220
220
LT Debt
128
1,025
1,154
1,110
- -
512
685
711
700
615
40
608
121
121
Total Equity
209
401
490
548
1,166
1,199
1,385
1,468
1,430
1,305
1,200
1,206
673
673
Return on Invested Capital (%)
4.65
- -
8.74
- -
- -
10.1
11.28
9.57
5.45
-22.34
- -
0.75
2.32
2.23
Return on Capital (%)
3.4
- -
7.33
- -
- -
12.68
11.7
9
4.38
-20.85
- -
1.68
11.5
11.5
Return on Common Equity (%)
8.9
99.65
12.86
-0.91
177.43
15.32
15.01
11.34
4.43
-3.32
-8.52
1.49
13.75
13.76

Capital Structure

USD

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
ST Debt
169
139
2
LT Borrowings
716
689
112
LT Finance Leases
- -
24
8
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
470
470
470
Market Capitalization
490
539
690

Working Capital

USD

•

in mil. unless spec.
Jun'23
Sep'23
Dec'23
Total Current Assets
912
916
863
Cash, Cash Equivalents & STI
165
140
38
Accounts Receivable, Net
96
99
9
Inventories
515
500
25
Total Current Liabilities
612
591
643
Payables & Accruals
- -
- -
- -
ST Debt
169
139
2
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.58%
-12.63%
-44.23%
Free Cash Flow
-49.3%
-85.59%
-4.06%
Net Income, GAAP
-3,521.12%
81.99%
622.94%
Sales/Revenue/Turnover
2.1%
-14.91%
23.37%
Total Cash Common Dividend
- -
- -
200%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
474
480
491
512
1,958
2022
552
581
623
596
252
2023
602
622
626
-1,539
311

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
-0.02
-0.01
-0.2
-0.23
2022
0.04
0.02
-0.03
0.01
0.04
2023
0.08
0.08
0.03
0.09
0.27

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
0.04
2022
- -
- -
- -
- -
0.02
2023
- -
- -
- -
- -
0.06

Company Description

Company Profile APIChatGPT
CEO
Adrián G. Sada Cueva
Full Time Employees
1,562
Sector
Process industries
Industry
Industrial specialties
Address
Avenida Ricardo Margain Zozaya 440 San Pedro Garza García NL Mexico 66265
IPO Date
Nov 11, 1994
Website
vitro.com
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Business
Vitro, S.A.B. de C.V. is a leading glass manufacturer headquartered in San Pedro Garza García, Nuevo León, Mexico, founded in 1936. The company operates through subsidiaries producing, processing, distributing, and marketing a diverse range of glass products primarily in North America, with additional operations in Europe and Asia. Vitro's main product segments include flat glass for commercial and residential construction; automotive glass for original equipment manufacturers and the aftermarket; glass containers for food, beverages, cosmetics, and pharmaceuticals; and glassware. Additionally, Vitro produces inorganic chemicals such as sodium carbonate, sodium bicarbonate, sodium chloride, and calcium chloride, serving industries like glass manufacturing, detergents, water treatment, pharmaceuticals, food, oil, road de-icing, and livestock sectors. Vitro's flat glass division stands out with advanced technologies and recently completed the acquisition of PPG's flat glass business, which was followed by a significant investment in a jumbo magnetron sputtered vacuum deposition (MSVD) coater, the largest of its kind in North America, enhancing its energy-efficient, low-emissivity (low-e) glass offerings. The company also expanded its production capabilities with the launch of new high-performance solar control glass products under the Solarban® brand family. In 2024, Vitro entered a strategic agreement with First Solar to manufacture glass for solar panels, investing $93.6 million to modernize its Meadville, Pennsylvania, plant. These moves underscore Vitro's strategic expansion in high-technology glass solutions and sustainability initiatives. Vitro serves multiple end markets including construction, automotive, cosmetics, pharmaceuticals, food and beverage, and industrial sectors. The company leverages continuous research, development, and innovation in glass design and production processes to deliver customized solutions and maintain market leadership. Its geographic footprint spans the Americas, Europe, and Asia, with key subsidiaries such as Vitro Architectural Glass and Vitro Automotive Glass LLC underpinning its market presence. Recent financial and operational updates report challenges in chemical segment sales and some operational adjustments amid market pressures in 2024; however, Vitro emphasizes operational efficiency improvements and retains a solid financial position with manageable net debt. The company remains focused on innovation, production capacity enhancement, and sustainability to drive future growth. In summary, Vitro, S.A.B. de C.V. is a comprehensive glass and chemical products manufacturer with diversified markets and ongoing strategic investments to strengthen its leadership in architectural, automotive, and container glass sectors, supported by recent acquisitions, technological advancements, and sustainability-oriented product launches.