La Comer, S.A.B. de C.V.

La Comer, S.A.B. de C.V.

LCMRF
La Comer, S.A.B. de C.V.US flagOther OTC
2.43
USD
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1.22BMarket Cap
La Comer, S.A.B. de C.V.
LCMRF
(Other OTC)

Recent

price

2.43

P/E

ratio

- -

div

yld

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ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
FRC
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Revenue per Share
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Basic EPS, GAAP
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Free Cash Flow per Basic Share
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Dividend per Share
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Book Value per Share
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Tangible Book Value per Share
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Basic Weighted Avg Shares
14,757
16,554
19,119
21,591
27,021
28,906
33,436
38,465
43,277
33,356
Sales/Revenue/Turnover
1.92
3.55
4.16
4.85
6.4
6.23
6.72
6.7
6.94
6.46
Operating Margin (%)
522
602
705
861
1,014
1,092
1,243
1,347
1,495
1,243
Depreciation Expense
518
782
1,089
1,036
1,467
1,543
1,960
2,108
2,358
1,960
Net Income, GAAP
16.1
12.62
8.29
8.06
16.09
13.56
11.47
19.95
22.63
11.47
Effective Tax Rate (%)
3.51
4.73
5.7
4.8
5.43
5.34
5.86
5.48
5.45
5.87
Profit Margin (%)
2,668
2,117
2,328
2,174
2,469
1,895
1,714
1,627
2,273
1,714
Working Capital
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1,283
1,295
1,456
1,697
1,838
2,133
1,697
LT Debt
20,107
20,837
22,003
23,017
24,144
25,432
27,190
28,999
30,701
27,190
Total Equity
- -
2.49
3.38
4.12
5.75
5.84
7
6.82
7.21
6.71
Return on Invested Capital (%)
- -
4.21
5.61
5.49
6.93
6.91
8.15
8.1
8.42
8.15
Return on Capital (%)
- -
4.19
5.59
5.03
6.78
6.76
8.04
8.05
8.39
8.04
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'22
Sep'22
Dec'22
ST Debt
69
69
77
LT Borrowings
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LT Finance Leases
1,529
1,528
1,697
Preferred Equity and Hybrid Capital
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Shares Outstanding
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Market Capitalization
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Working Capital

FRC

in mil. unless spec.
Jun'22
Sep'22
Dec'22
Total Current Assets
8,874
7,594
7,787
Cash, Cash Equivalents & STI
2,723
1,398
2,078
Accounts Receivable, Net
237
326
167
Inventories
4,879
4,902
4,457
Total Current Liabilities
7,087
5,729
6,073
Payables & Accruals
- -
- -
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ST Debt
69
69
77
Deferred Revenue
- -
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Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
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5.93%
5.87%
Free Cash Flow
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-268.76%
139.56%
Net Income, GAAP
- -
18.64%
11.86%
Sales/Revenue/Turnover
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15.07%
12.51%
Total Cash Common Dividend
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19.83%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
7,532
8,503
8,358
8,963
33,436
2023
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38,465
2024
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43,277

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
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2023
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2024
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Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
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2023
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2024
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Business
La Comer, S.A.B. de C.V. (LCMRF) operates as a premium food retailer in Mexico, focusing on self-service stores that target medium- to high-income consumers with superior perishables, gourmet selections and an enhanced shopping experience. The company runs 89 stores across four formats--La Comer, with sales areas of 4,000 to 7,500 square meters offering groceries, general merchandise, household appliances, Xpressa Café, prepared foods and fine pastry; City Market, featuring 3,000 to 5,000 square meters of gourmet wines, cheeses, meats, imported groceries, organic products, exclusive international brand agreements, tapas, seafood, chocolate, ice cream, coffee and cakes in sophisticated atmospheres; Fresko, providing neighborhood markets of 1,500 to 4,000 square meters emphasizing fresh perishables, kosher and organic items for quick purchases; and Sumesa--alongside proprietary brands including Golden Hills and KePrecio for sundries, Pet's Club for pet food and accessories, Farmacom for pharmacy products, Lafite for electronics and tablets; it also offers e-commerce via La Comer en tu Casa home delivery, marketing campaigns such as Temporada Naranja, Miércoles de Plaza and ¿Vas al Super o a La Comer?, ready-to-eat meals, bakery items, alcohol, soft drinks and restaurant services at Jajalpa. Headquartered in Mexico City at Avenida Insurgentes Sur 1517 Modulo 2, San Jose Insurgentes, the company traces its roots to over 60 years in the market and formally commenced operations on January 1, 2016, following a spin-off from Comercial Mexicana where it retained 54 differentiated stores while Soriana acquired 143 others; it maintains three distribution centers in Mexico City, Guadalajara and Monterrey, 46 real estate units covering 62% of sales area plus 395 commercial leasing spaces, and approximately 17,500 employees, with roughly 50% of stores in the Mexico City metropolitan area and operations extending to major cities nationwide. Recent developments include expansion to 89 stores and 404,721 square meters of sales area by December 2024 from 84 stores the prior year, delivering 9.9% total sales growth and 5.5% same-store sales growth in 4Q24 alongside 6.0% client growth to 22.5 million; ongoing e-commerce enhancements and new strategies through 2024; an aggressive store opening plan targeting over 100 locations by year-end 2026 with 71% in La Comer format; and sustained outperformance of food retail sector same-store sales growth, supported by 43.3 billion pesos in 2024 net sales, 29.3% gross margins and 10.4% EBITDA margins.