1. Mexico Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Industrias Bachoco, S.A.B. de C.V.

Industrias Bachoco, S.A.B. de C.V.

IDBHF
Industrias Bachoco, S.A.B. de C.V.US flagOther OTC
0.05
USD
- -
- -
30.00MMarket Cap
Industrias Bachoco, S.A.B. de C.V.
IDBHF
(Other OTC)

Recent

price

0.05

P/E

ratio

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div

yld

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ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
38.77
41.19
46.24
65.61
66.19
69.64
77.1
86.7
96.75
101.76
102.76
114.69
136.23
164.99
158.99
165.74
169.7
Revenue per Share
1.33
3.31
1.96
3.64
3.4
6.55
6.36
6.58
8.25
5.58
5.37
6.56
8.45
10.2
7.84
15.72
15.86
Basic EPS, GAAP
0.61
3.44
-1.48
2.17
7.13
6.16
3.7
0.36
5.59
2.55
1.79
5.79
4.89
-0.75
-3.33
11.34
19.93
Free Cash Flow per Basic Share
0.42
0.42
0.5
0.5
1.58
- -
1.5
1.3
1.3
1.42
1.4
1.32
1.42
1.64
1.66
1.31
- -
Dividend per Share
21.48
26.52
27.99
30.97
32.93
39.48
43.23
49.03
55.9
59.95
62.67
67.99
75.06
83.6
91.32
55.32
82.41
Book Value per Share
23.9
26.88
28.47
31.31
32.95
39.93
45.45
52.03
54.99
59.26
63.18
69.22
76.52
82.79
88.17
76.48
79.31
Tangible Book Value per Share
600
600
600
600
600
600
600
600
600
600
600
600
600
599
591
599
600
Basic Weighted Avg Shares
23,263
24,715
27,735
39,367
39,711
41,779
46,229
52,020
58,050
61,052
61,655
68,792
81,699
98,891
93,991
99,343
101,753
Sales/Revenue/Turnover
6.08
9.97
-0.26
6.68
8.24
12.79
10.93
9.22
8.96
6.07
6.45
6.12
7.21
8.48
6.73
11.03
11.04
Operating Margin (%)
663
693
746
838
817
806
769
926
1,076
1,227
1,589
2,043
1,807
2,164
2,493
2,423
2,423
Depreciation Expense
798
1,983
1,177
2,185
2,038
3,927
3,813
3,947
4,948
3,350
3,220
3,936
5,066
6,114
4,637
9,421
9,507
Net Income, GAAP
33.43
20.22
- -
21.55
39.81
29.63
30.56
29.38
17.96
25.57
25.82
23.37
26.81
25.19
20.89
28.74
29.43
Effective Tax Rate (%)
3.43
8.02
4.24
5.55
5.13
9.4
8.25
7.59
8.52
5.49
5.22
5.72
6.2
6.18
4.93
9.48
9.34
Profit Margin (%)
5,152
7,371
6,456
9,651
10,954
15,196
18,079
18,614
18,996
20,690
22,189
24,406
25,010
29,367
25,753
13,332
14,889
Working Capital
467
507
384
1,527
1,510
1,652
2,495
950
1,554
1,545
2,142
1,901
372
3,230
3,993
1,039
1,071
LT Debt
14,638
16,430
17,380
19,089
20,151
24,362
27,779
31,716
35,678
38,166
40,260
43,927
48,284
52,901
55,146
49,107
50,722
Total Equity
6.04
11.83
- -
10.04
8.83
14.92
11.71
9.87
10.92
6.46
6.56
6.82
8.67
11.48
8.23
12.5
12.98
Return on Invested Capital (%)
6.72
13.43
- -
11.16
10.32
16.93
13.76
13.06
14.86
9.32
9.17
9.23
11.42
12.33
9.11
19.54
16.94
Return on Capital (%)
5.93
13.77
7.2
12.35
10.63
18.08
15.37
14.26
15.72
9.64
8.75
10.04
11.81
12.86
8.91
21.62
18.29
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
6,834
8,891
8,324
LT Borrowings
3,723
707
700
LT Finance Leases
- -
332
371
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
599
599
600
Market Capitalization
57,990
62,484
60,730

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
36,258
37,175
36,395
Cash, Cash Equivalents & STI
11,003
11,565
12,397
Accounts Receivable, Net
9,227
5,095
4,623
Inventories
13,753
13,725
13,411
Total Current Liabilities
21,614
23,843
21,506
Payables & Accruals
- -
- -
- -
ST Debt
6,834
8,891
8,324
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.5%
4.38%
-10.95%
Free Cash Flow
120.44%
-3.38%
-444.92%
Net Income, GAAP
14.04%
30.13%
103.17%
Sales/Revenue/Turnover
9.3%
10.42%
5.69%
Total Cash Common Dividend
- -
- -
-20.39%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
23,272
23,885
23,855
22,978
93,991
2024
23,411
25,886
24,341
25,705
99,343
2025
25,821
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
0.79
1.95
3
1.75
7.84
2024
2.32
- -
4.11
3.63
15.72
2025
2.78
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
0.82
- -
1.66
2024
- -
- -
- -
- -
1.31
2025
- -
- -
- -
- -
- -
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Business
Industrias Bachoco, S.A.B. de C.V. (Bachoco) operates as a vertically integrated poultry producer and processor, leading the Mexican poultry industry and ranking among the world's largest poultry companies; it engages in breeding, processing, and marketing chicken products including live chickens, fresh and frozen whole birds, cuts, and value-added items; egg production encompassing white, red, and free-range table eggs as well as egg dishes; swine operations covering live pigs, pork processing, and distribution; balanced animal feeds; other by-products such as beef, turkey, pet food, and veterinary vaccines produced through its laboratory. The company serves retail consumers, foodservice providers, quick-service restaurants, and industrial clients with commodity and further-processed proteins, operating through extensive facilities including over 1,000 farms, 9 processing plants, 9 further-processing plants, 2 swine plants, 23 feed mills, 22 hatcheries, and more than 100 distribution centers organized in nine complexes in Mexico and one in the United States. Bachoco maintains a multi-protein portfolio via subsidiaries such as OK Foods in the US for chicken products, SASA for pork industrialization, RYC Alimentos for multi-protein processing and retail stores in Puebla, Oaxaca, Veracruz, and Tlaxcala, Pecuarius for animal vaccines and pharmaceuticals, and others focused on feeds and value-added meats. Founded in 1952 by the Robinson Bours family in Ciudad Obregón, Sonora, and headquartered in Celaya, Guanajuato, Mexico, Bachoco became publicly listed in 1997 on the Mexican Stock Exchange and NYSE; it is controlled by the Robinson Bours Family Trust and employs over 34,000 people across primary segments of poultry (chicken and eggs) and others (swine, feeds, by-products). Recent developments include the completed acquisition of RYC Alimentos in early 2022, adding two processing plants in Puebla and 21 stores across four Mexican states to enhance multi-protein value-added offerings and diversification; ongoing integration of prior US expansions like OK Foods and Albertville Quality Foods for further-processed chicken; and sustained capital investments supporting efficiency and growth amid fluctuating market conditions, as reflected in 2024 annual reporting.