Grupo Bafar S.A.B. de C.V

MX:BAFARB Mexico Packaged Foods
Market Cap
$1.88 Billion
MX$38.78 Billion MXN
Market Cap Rank
#7411 Global
#25 in Mexico
Share Price
MX$125.00
Change (1 day)
+1.63%
52-Week Range
MX$88.50 - MX$125.00
All Time High
MX$129.99
Categories
Companies in Mexico Packaged Foods
About

Grupo Bafar, S.A.B. de C.V. produces and sells food products in Mexico and internationally. It operates through Consumer Products, Retail, International, New Fiber, Vector, Insurance, B Insurance, and Flycapital divisions. The company offers packaged meat, chicken, turkey, nuggets, tenders, and pork products; beef, salchichon, and pork and cheese; sausages, including hams and bacon under the Parm… Read more

Grupo Bafar S.A.B. de C.V (BAFARB) - Net Assets

Latest net assets as of September 2023: MX$12.37 Billion MXN

Based on the latest financial reports, Grupo Bafar S.A.B. de C.V (BAFARB) has net assets worth MX$12.37 Billion MXN as of September 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$28.90 Billion) and total liabilities (MX$16.53 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets MX$12.37 Billion
% of Total Assets 42.79%
Annual Growth Rate 14.5%
5-Year Change 45.53%
10-Year Change 144.71%
Growth Volatility 11.02

Grupo Bafar S.A.B. de C.V - Net Assets Trend (2000–2021)

This chart illustrates how Grupo Bafar S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Grupo Bafar S.A.B. de C.V (2000–2021)

The table below shows the annual net assets of Grupo Bafar S.A.B. de C.V from 2000 to 2021.

Year Net Assets Change
2021-12-31 MX$9.54 Billion +20.88%
2020-12-31 MX$7.89 Billion +5.70%
2019-12-31 MX$7.46 Billion +9.64%
2018-12-31 MX$6.81 Billion +3.88%
2017-12-31 MX$6.55 Billion +41.18%
2016-12-31 MX$4.64 Billion +2.91%
2015-12-31 MX$4.51 Billion +6.90%
2014-12-31 MX$4.22 Billion +5.91%
2013-12-31 MX$3.98 Billion +2.23%
2012-12-31 MX$3.90 Billion +19.61%
2011-12-31 MX$3.26 Billion +15.31%
2010-12-31 MX$2.83 Billion +7.74%
2009-12-31 MX$2.62 Billion +6.44%
2008-12-31 MX$2.46 Billion +5.21%
2007-12-31 MX$2.34 Billion +8.14%
2006-12-31 MX$2.17 Billion +30.41%
2005-12-31 MX$1.66 Billion +29.37%
2004-12-31 MX$1.28 Billion +21.08%
2003-12-31 MX$1.06 Billion +31.69%
2002-12-31 MX$805.22 Million +24.09%
2001-12-31 MX$648.92 Million +16.87%
2000-12-31 MX$555.24 Million --

Equity Component Analysis

This analysis shows how different components contribute to Grupo Bafar S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1515.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2021)

Component Amount Percentage
Retained Earnings MX$7.68 Billion 100.12%
Common Stock MX$80.85 Million 1.05%
Total Equity MX$7.67 Billion 100.00%

Grupo Bafar S.A.B. de C.V Competitors by Market Cap

The table below lists competitors of Grupo Bafar S.A.B. de C.V ranked by their market capitalization.

Company Market Cap
JiShi Media Co Ltd
SHG:601929
 		$980.31 Million
Wasu Media Holding Co Ltd
SHE:000156
 		$980.45 Million
Abacus Storage King
AU:ASK
 		$980.65 Million
Guanghui Logistics Co Ltd
SHG:600603
 		$980.72 Million
G-III Apparel Group Ltd
NASDAQ:GIII
 		$979.61 Million
GLORY LTD
F:3O5
 		$978.95 Million
Dalian Bio-Chem Co Ltd
SHG:603360
 		$978.80 Million
AUTOHOME INC. A DL -01
F:8AHA
 		$978.61 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Grupo Bafar S.A.B. de C.V's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2020 to 2021, total equity changed from 6,507,598,000 to 7,672,257,000, a change of 1,164,659,000 (17.9%).
  • Net income of 1,231,360,000 contributed positively to equity growth.
  • Dividend payments of 150,000,000 reduced retained earnings.
  • Share repurchases of 316,921,000 reduced equity.
  • Other factors increased equity by 400,220,000.

Equity Change Factors (2020 to 2021)

Factor Impact Contribution
Net Income MX$1.23 Billion +16.05%
Dividends Paid MX$150.00 Million -1.96%
Share Repurchases MX$316.92 Million -4.13%
Other Changes MX$400.22 Million +5.22%
Total Change MX$- 17.90%

Book Value vs Market Value Analysis

This analysis compares Grupo Bafar S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 4.85x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 6.01x to 4.85x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 MX$20.79 MX$125.00 x
2018-12-31 MX$21.63 MX$125.00 x
2019-12-31 MX$17.98 MX$125.00 x
2020-12-31 MX$20.71 MX$125.00 x
2021-12-31 MX$25.76 MX$125.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Grupo Bafar S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 16.05%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.95%
  • • Asset Turnover: 0.87x
  • • Equity Multiplier: 3.10x
  • Recent ROE (16.05%) is above the historical average (12.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 35.50% 12.13% 1.52x 1.93x MX$141.56 Million
2001 14.48% 5.18% 1.66x 1.69x MX$29.06 Million
2002 13.59% 5.36% 1.07x 2.37x MX$28.93 Million
2003 22.09% 10.29% 1.15x 1.87x MX$128.24 Million
2004 12.24% 5.37% 1.21x 1.89x MX$27.91 Million
2005 23.56% 11.28% 1.23x 1.69x MX$221.34 Million
2006 23.37% 13.34% 1.20x 1.45x MX$285.31 Million
2007 8.35% 4.47% 1.20x 1.56x MX$-38.12 Million
2008 5.65% 2.90% 1.16x 1.67x MX$-106.59 Million
2009 6.16% 3.08% 1.32x 1.52x MX$-100.39 Million
2010 9.40% 4.49% 1.29x 1.63x MX$-17.03 Million
2011 14.10% 7.12% 1.19x 1.66x MX$131.70 Million
2012 16.51% 8.56% 1.22x 1.58x MX$248.82 Million
2013 7.65% 3.73% 1.32x 1.55x MX$-92.38 Million
2014 7.32% 3.33% 1.17x 1.87x MX$-111.58 Million
2015 8.27% 3.83% 1.13x 1.91x MX$-77.96 Million
2016 3.42% 1.41% 1.09x 2.21x MX$-304.62 Million
2017 6.79% 3.50% 0.99x 1.96x MX$-210.13 Million
2018 5.52% 2.71% 0.95x 2.14x MX$-304.98 Million
2019 13.02% 4.83% 0.91x 2.95x MX$171.43 Million
2020 12.68% 5.07% 0.88x 2.83x MX$174.52 Million
2021 16.05% 5.95% 0.87x 3.10x MX$464.13 Million

Industry Comparison

This section compares Grupo Bafar S.A.B. de C.V's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,693,206,000
  • Average return on equity (ROE) among peers: 14.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Grupo Bafar S.A.B. de C.V (BAFARB) MX$12.37 Billion 35.50% 1.34x $979.94 Million
Gruma S.A.B. de C.V. (GRUMAB) $2.24 Billion 23.21% 1.27x $2.31 Billion
Grupo Minsa S.A.B. de C.V (MINSAB) $3.15 Billion 5.35% 0.40x $117.84 Million