Farmacias Benavides S.A.B. de C.V. (BEVIDESB) - Net Assets

Latest as of September 2018: MX$616.48 Million MXN ≈ $35.48 Million USD

Based on the latest financial reports, Farmacias Benavides S.A.B. de C.V. (BEVIDESB) has net assets worth MX$616.48 Million MXN (≈ $35.48 Million USD) as of September 2018. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$6.11 Billion ≈ $351.36 Million USD) and total liabilities (MX$5.49 Billion ≈ $315.88 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 BEVIDESB total debt and obligations for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$616.48 Million
% of Total Assets	10.1%
Annual Growth Rate	-3.57%
5-Year Change	49.49%
10-Year Change	-72.03%
Growth Volatility	41.85

Farmacias Benavides S.A.B. de C.V. - Net Assets Trend (2000–2023)

This chart illustrates how Farmacias Benavides S.A.B. de C.V.'s net assets have evolved over time, based on quarterly financial data. Also explore Farmacias Benavides S.A.B. de C.V. assets under control for the complete picture of this company's asset base.

Annual Net Assets for Farmacias Benavides S.A.B. de C.V. (2000–2023)

The table below shows the annual net assets of Farmacias Benavides S.A.B. de C.V. from 2000 to 2023. For live valuation and market cap data, see BEVIDESB market cap overview.

Year	Net Assets	Change
2023-12-31	MX$418.05 Million ≈ $24.06 Million	+130.00%
2022-12-31	MX$181.76 Million ≈ $10.46 Million	+545.03%
2021-12-31	MX$-40.84 Million ≈ $-2.35 Million	-3.58%
2020-12-31	MX$-39.43 Million ≈ $-2.27 Million	-114.10%
2019-12-31	MX$279.65 Million ≈ $16.09 Million	-36.61%
2018-12-31	MX$441.17 Million ≈ $25.39 Million	-39.20%
2017-12-31	MX$725.59 Million ≈ $41.76 Million	-48.59%
2016-12-31	MX$1.41 Billion ≈ $81.23 Million	-6.87%
2015-12-31	MX$1.52 Billion ≈ $87.22 Million	+1.40%
2014-12-31	MX$1.49 Billion ≈ $86.02 Million	-3.57%
2013-12-31	MX$1.55 Billion ≈ $89.20 Million	+0.04%
2012-12-31	MX$1.55 Billion ≈ $89.16 Million	+2.75%
2011-12-31	MX$1.51 Billion ≈ $86.77 Million	+13.78%
2010-12-31	MX$1.33 Billion ≈ $76.26 Million	-6.24%
2009-12-31	MX$1.41 Billion ≈ $81.34 Million	+3.22%
2008-12-31	MX$1.37 Billion ≈ $78.80 Million	-3.53%
2007-12-31	MX$1.42 Billion ≈ $81.69 Million	+9.73%
2006-12-31	MX$1.29 Billion ≈ $74.45 Million	+12.84%
2005-12-31	MX$1.15 Billion ≈ $65.97 Million	+0.68%
2004-12-31	MX$1.14 Billion ≈ $65.53 Million	+13.08%
2003-12-31	MX$1.01 Billion ≈ $57.95 Million	+9.13%
2002-12-31	MX$922.70 Million ≈ $53.10 Million	+22.28%
2001-12-31	MX$754.56 Million ≈ $43.43 Million	-21.71%
2000-12-31	MX$963.80 Million ≈ $55.47 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Farmacias Benavides 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 decreased by 142.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Other Components	MX$908.01 Million	217.20%
Total Equity	MX$418.05 Million	100.00%

Farmacias Benavides S.A.B. de C.V. Competitors by Market Cap

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

Company	Market Cap
Rainbow Tours SA WAR:RBW	$537.06 Million
San Shing Fastech Corp TW:5007	$537.09 Million
Probe Gold Inc. TO:PRB	$537.15 Million
Tianjin Saixiang Technology Co Ltd SHE:002337	$537.47 Million
Shanghai Kindly Entrp Dvlp Grp SHG:603987	$536.90 Million
Care Property Invest NV BR:CPINV	$536.87 Million
Innocean Worldwide Inc KO:214320	$536.73 Million
Zero One Technology Co Ltd TW:3029	$536.68 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2022 to 2023, total equity changed from 181,758,000 to 418,052,000, a change of 236,294,000 (130.0%).
Net income of 282,332,000 contributed positively to equity growth.
Other factors decreased equity by 46,038,000.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	MX$282.33 Million	+67.54%
Other Changes	MX$-46.04 Million	-11.01%
Total Change	MX$-	130.00%

Book Value vs Market Value Analysis

This analysis compares Farmacias Benavides 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: 25.43x
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 increased from 14.65x to 25.43x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	MX$1.77	MX$26.00	x
2018-12-31	MX$1.08	MX$26.00	x
2019-12-31	MX$0.68	MX$26.00	x
2020-12-31	MX$-0.10	MX$26.00	x
2021-12-31	MX$-0.10	MX$26.00	x
2022-12-31	MX$0.44	MX$26.00	x
2023-12-31	MX$1.02	MX$26.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Farmacias Benavides 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): 67.54%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.64%
• Asset Turnover: 1.92x
• Equity Multiplier: 21.47x
Recent ROE (67.54%) is above the historical average (2.92%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	14.42%	2.40%	2.08x	2.89x	MX$40.70 Million
2005	12.40%	2.28%	2.27x	2.39x	MX$27.54 Million
2006	19.23%	3.36%	2.29x	2.49x	MX$119.34 Million
2007	17.39%	2.69%	2.34x	2.76x	MX$104.83 Million
2008	6.01%	0.83%	2.30x	3.16x	MX$-54.59 Million
2009	7.73%	1.09%	2.54x	2.80x	MX$-32.14 Million
2010	6.56%	0.90%	2.44x	2.98x	MX$-45.53 Million
2011	13.77%	2.05%	2.44x	2.76x	MX$56.82 Million
2012	16.66%	2.43%	2.41x	2.85x	MX$103.24 Million
2013	19.27%	2.70%	2.19x	3.27x	MX$143.72 Million
2014	6.77%	0.88%	2.06x	3.72x	MX$-48.27 Million
2015	0.32%	0.04%	2.40x	3.50x	MX$-146.75 Million
2016	-7.42%	-0.78%	2.35x	4.04x	MX$-245.83 Million
2017	-94.22%	-5.06%	2.35x	7.93x	MX$-756.17 Million
2018	-69.19%	-2.21%	2.16x	14.51x	MX$-349.35 Million
2019	-48.88%	-0.98%	1.60x	31.01x	MX$-164.66 Million
2020	0.00%	-2.01%	1.77x	0.00x	MX$-274.24 Million
2021	0.00%	0.07%	2.14x	0.00x	MX$13.80 Million
2022	70.04%	0.78%	2.10x	42.50x	MX$109.13 Million
2023	67.54%	1.64%	1.92x	21.47x	MX$240.53 Million

Industry Comparison

This section compares Farmacias Benavides S.A.B. de C.V.'s net assets metrics with peer companies in the Pharmaceutical Retailers industry.

Industry Context

Industry: Pharmaceutical Retailers
Average net assets among peers: $25,414,108,000
Average return on equity (ROE) among peers: 19.29%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Farmacias Benavides S.A.B. de C.V. (BEVIDESB)	MX$616.48 Million	14.42%	8.90x	$536.94 Million
Corporativo Fragua S.A.B. de C.V (FRAGUAB)	$25.41 Billion	19.29%	1.26x	$2.71 Billion

About Farmacias Benavides S.A.B. de C.V.

MX:BEVIDESB Mexico Pharmaceutical Retailers

Market Cap

$536.94 Million

MX$9.33 Billion MXN

Market Cap Rank

#12161 Global

#96 in Mexico

Share Price

MX$26.00

Change (1 day)

+0.00%

52-Week Range

MX$24.00 - MX$26.00

All Time High

MX$26.00