Grupo Herdez SAB de CV

Grupo Herdez SAB de CV

2.86
USD
-0.04
(-1.38%)
0.48EPS
0.81P/E
930.10MMarket Cap
Feb 25Next 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
30.51
33.32
38.16
42.11
46.66
49.29
54.72
62.95
72.93
92.81
109.18
115.4
119.92
91.74
Basic EPS, GAAP
1.41
1.79
0.91
1.66
2.43
2.72
2.48
2.17
2.02
2.28
3.98
4.19
5.55
62.5
Free Cash Flow per Basic Share
1.41
3.01
2.22
0.68
3.09
3.74
4.08
5.56
2.94
11.67
12.42
14.64
5.99
-4.14
Dividend per Share
2.51
0.4
2.54
2.23
2.39
2.7
3.08
5.8
3.95
6.29
8.27
5.88
8.02
19.36
Book Value per Share
13.11
14.6
15.61
17.01
18.5
19.8
20.95
21.14
19.66
20.26
21.49
24.51
13.14
56.42
Tangible Book Value per Share
-2.18
-0.76
-0.08
1.18
2.67
3.79
1.96
0.47
-1.07
-2.64
-2.12
-0.76
-4.11
39.28
Basic Weighted Avg Shares
432
430
429
432
430
425
410
382
359
341
332
324
322
322
Sales/Revenue/Turnover
13,180
14,319
16,356
18,180
20,065
20,971
22,420
24,036
26,153
31,646
36,213
37,425
38,593
29,545
Operating Margin (%)
13.19
15.47
15.22
12.9
13.6
13.91
12.84
11.93
11.85
11.91
13.9
14.23
14.34
11.22
Depreciation Expense
293
303
401
453
505
520
828
943
937
1,112
1,193
1,250
1,041
809
Net Income, GAAP
608
771
389
717
1,046
1,156
1,014
828
726
777
1,320
1,360
1,786
20,128
Effective Tax Rate (%)
31.86
33.69
35.98
36.21
30.74
29.18
29.48
29.13
33.09
35.83
34.35
31.47
30.44
27.05
Profit Margin (%)
4.61
5.38
2.38
3.95
5.21
5.51
4.52
3.44
2.77
2.45
3.65
3.63
4.63
68.13
Working Capital
3,728
3,825
3,568
2,947
5,132
6,101
6,347
6,833
5,727
3,974
4,601
3,489
2,513
3,981
LT Debt
6,044
6,008
6,718
6,525
6,151
6,438
8,555
9,933
9,890
8,949
9,999
9,064
7,251
4,268
Total Equity
12,130
13,176
13,907
14,628
17,342
18,250
18,248
17,336
17,423
17,147
16,696
18,140
14,630
26,874
Return on Invested Capital (%)
7.16
7.28
6.28
6.97
8.43
8.72
8.1
8.41
7.17
8.63
11.78
12.87
14.7
7.86
Return on Capital (%)
1.8
1.62
-1.21
0.64
1.41
1.29
1.21
-0.26
-0.21
-0.13
0.07
0.41
0.79
60.6
Return on Common Equity (%)
10.62
12.88
5.96
10.18
13.7
14.21
12.43
10.9
10.29
11.36
19.01
18.15
29.48
155.62

Capital Structure

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,115
1,711
3,687
LT Borrowings
6,981
7,000
4,000
LT Finance Leases
270
309
268
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
322
322
322
Market Capitalization
24,167
25,891
16,250

Working Capital

MXN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,027
23,849
16,175
Cash, Cash Equivalents & STI
2,443
12,783
6,293
Accounts Receivable, Net
4,644
6,327
4,539
Inventories
5,858
3,581
4,159
Total Current Liabilities
12,514
16,430
12,194
Payables & Accruals
- -
- -
- -
ST Debt
3,115
1,711
3,687
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.96%
-2.88%
-19.35%
Free Cash Flow
52.36%
37.35%
-59.38%
Net Income, GAAP
20.93%
19.81%
31.36%
Sales/Revenue/Turnover
9.09%
10.14%
3.12%
Total Cash Common Dividend
14.04%
9.62%
35.29%

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8,886
9,297
9,345
9,897
37,425
2025
5,848
6,230
9,281
9,892
38,593
2026
6,155
4,217
- -
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.13
1.08
0.91
1.06
4.19
2025
1.33
1.11
1.34
1.76
5.55
2026
59.27
0.16
- -
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.18
1.88
0.88
1.92
5.88
2025
0.74
4.04
0.56
2.68
8.02
2026
0.25
15.89
- -
- -
- -

Company Description

CEO
Héctor Ignacio Hernández-Pons Torres
Full Time Employees
10,187
Sector
Consumer non-durables
Industry
Food: specialty/candy
Address
Monte Pelvoux 215 Mexico City DF Mexico 11000
IPO Date
Oct 31, 1991
Business
Grupo Herdez, S.A.B. de C.V. (HERDEZ.MX) operates as a leading Mexican food processing company focused on processed foods and ice cream, producing and marketing a wide array of products including homemade salsas, organic items, honey, ice creams, jams, mayonnaise, mole, mustard, pasta, spices, tea, tomato puree, tuna, dehydrated chiles, coffee, avocado-based products, vegetables, fresh cheeses, yogurt, dips, snacks, and frozen Mexican ready-to-serve meals; it also distributes brands such as Frank's, French's, Kikkoman, Reynolds, General Mills portfolio, Barilla pasta, McCormick products via joint venture, Yemina, Vesta, Nair, Embasa, La Victoria, Buffalo, La Gloria, Charlotte, Crest, and Hormel. The company maintains 13 production plants across Mexico in locations including San Luis Potosí, Guanajuato, Jalisco, Oaxaca, Estado de México, Coahuila, Sinaloa, and Querétaro, plus a facility in Dallas, Texas, USA, alongside 24 distribution centers and over 600 points of sale for brands like Cielito Querido Café, Lavazza, Moyo, and Nutrisa, serving primarily Mexican consumers and exporting to the United States and other international markets with a workforce exceeding 10,000 employees. Founded in 1914 and headquartered in Mexico City, the company, a subsidiary of Hechos Con Amor S.A. de C.V., lists on the Bolsa Mexicana de Valores since 1991 and leads in processed foods while ranking as a key player in Mexican food in the U.S. In a major recent development, Grupo Herdez proposes the sale of its 25% stake in the McCormick de México S.A. de C.V. joint venture to McCormick & Company for $750 million USD, announced November 18, 2025, with shareholder approval scheduled for December 4, 2025, resulting in deconsolidation of the venture that generates approximately $810 million in annual net sales; proceeds support asset purchases, liability refinancing, dividends, and general corporate purposes.

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