Grupo Bafar S.A.B. de C.V (BAFARB) - Net Assets
Based on the latest financial reports, Grupo Bafar S.A.B. de C.V (BAFARB) has net assets worth MX$12.37 Billion MXN (≈ $711.70 Million USD) 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 ≈ $1.66 Billion USD) and total liabilities (MX$16.53 Billion ≈ $951.58 Million USD). 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. Read BAFARB current and long-term liabilities for a breakdown of total debt and financial obligations.
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. Also explore total assets of Grupo Bafar S.A.B. de C.V for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Grupo Bafar S.A.B. de C.V market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | MX$9.54 Billion ≈ $548.90 Million |
+20.88% |
| 2020-12-31 | MX$7.89 Billion ≈ $454.08 Million |
+5.70% |
| 2019-12-31 | MX$7.46 Billion ≈ $429.59 Million |
+9.64% |
| 2018-12-31 | MX$6.81 Billion ≈ $391.80 Million |
+3.88% |
| 2017-12-31 | MX$6.55 Billion ≈ $377.18 Million |
+41.18% |
| 2016-12-31 | MX$4.64 Billion ≈ $267.17 Million |
+2.91% |
| 2015-12-31 | MX$4.51 Billion ≈ $259.61 Million |
+6.90% |
| 2014-12-31 | MX$4.22 Billion ≈ $242.85 Million |
+5.91% |
| 2013-12-31 | MX$3.98 Billion ≈ $229.31 Million |
+2.23% |
| 2012-12-31 | MX$3.90 Billion ≈ $224.30 Million |
+19.61% |
| 2011-12-31 | MX$3.26 Billion ≈ $187.53 Million |
+15.31% |
| 2010-12-31 | MX$2.83 Billion ≈ $162.63 Million |
+7.74% |
| 2009-12-31 | MX$2.62 Billion ≈ $150.96 Million |
+6.44% |
| 2008-12-31 | MX$2.46 Billion ≈ $141.82 Million |
+5.21% |
| 2007-12-31 | MX$2.34 Billion ≈ $134.79 Million |
+8.14% |
| 2006-12-31 | MX$2.17 Billion ≈ $124.65 Million |
+30.41% |
| 2005-12-31 | MX$1.66 Billion ≈ $95.59 Million |
+29.37% |
| 2004-12-31 | MX$1.28 Billion ≈ $73.89 Million |
+21.08% |
| 2003-12-31 | MX$1.06 Billion ≈ $61.03 Million |
+31.69% |
| 2002-12-31 | MX$805.22 Million ≈ $46.34 Million |
+24.09% |
| 2001-12-31 | MX$648.92 Million ≈ $37.35 Million |
+16.87% |
| 2000-12-31 | MX$555.24 Million ≈ $31.95 Million |
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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 |
|---|---|
|
Soulbrain Co. Ltd
KQ:357780
|
$2.39 Billion |
|
Astronics Corporation
NASDAQ:ATRO
|
$2.39 Billion |
|
Liberty Live Holdings, Inc. Series A Liberty Live Group Common Stock
NASDAQ:LLYVA
|
$2.39 Billion |
|
SCHOTT Pharma AG & Co. KGaA
XETRA:1SXP
|
$2.39 Billion |
|
SBT Ultrasonic Technology Co. Ltd. A
SHG:688392
|
$2.39 Billion |
|
WG Tech JiangXi Co Ltd
SHG:603773
|
$2.39 Billion |
|
Krungthai Card Public Company Limited
BK:KTC-R
|
$2.39 Billion |
|
Krungthai Card PCL
BK:KTC
|
$2.39 Billion |
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: 5.20x
- 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 6.45x to 5.20x 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$134.00 | x |
| 2018-12-31 | MX$21.63 | MX$134.00 | x |
| 2019-12-31 | MX$17.98 | MX$134.00 | x |
| 2020-12-31 | MX$20.71 | MX$134.00 | x |
| 2021-12-31 | MX$25.76 | MX$134.00 | 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: $18,881,203,500
- Average return on equity (ROE) among peers: 13.59%
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 | $2.39 Billion |
| Alfa S.A.B. de C.V. (ALFAA) | $65.17 Billion | 9.09% | 1.54x | $5.00 Billion |
| Grupo Bimbo S.A.B. de C.V (BIMBOA) | $28.50 Billion | 13.37% | 0.59x | $14.50 Billion |
| Gruma S.A.B. de C.V. (GRUMAB) | $2.24 Billion | 23.21% | 1.27x | $6.00 Billion |
| Grupo Herdez S.A.B. de C.V (HERDEZ) | $3.73 Billion | 20.25% | 0.61x | $1.20 Billion |
| Grupo KUO S.A.B. de C.V (KUOB) | $11.00 Billion | 15.62% | 1.91x | $675.19 Million |
| Grupo Minsa S.A.B. de C.V (MINSAB) | $2.66 Billion | 0.00% | 0.64x | $205.55 Million |
About Grupo Bafar S.A.B. de C.V
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