Gruma S.A.B. de C.V. (GRUMAB) - Net Assets

Latest as of December 2025: MX$2.24 Billion MXN ≈ $128.75 Million USD

Based on the latest financial reports, Gruma S.A.B. de C.V. (GRUMAB) has net assets worth MX$2.24 Billion MXN (≈ $128.75 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$5.07 Billion ≈ $291.69 Million USD) and total liabilities (MX$2.83 Billion ≈ $162.93 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. Check GRUMAB asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$2.24 Billion
% of Total Assets	44.14%
Annual Growth Rate	2.95%
5-Year Change	54.88%
10-Year Change	80.36%
Growth Volatility	18.24

Gruma S.A.B. de C.V. - Net Assets Trend (1998–2025)

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

Annual Net Assets for Gruma S.A.B. de C.V. (1998–2025)

The table below shows the annual net assets of Gruma S.A.B. de C.V. from 1998 to 2025. For live valuation and market cap data, see how much is Gruma S.A.B. de C.V. worth.

Year	Net Assets	Change
2025-12-31	MX$2.24 Billion ≈ $128.75 Million	+14.47%
2024-12-31	MX$1.95 Billion ≈ $112.48 Million	+6.03%
2023-12-31	MX$1.84 Billion ≈ $106.08 Million	+28.58%
2022-12-31	MX$1.43 Billion ≈ $82.50 Million	-0.75%
2021-12-31	MX$1.44 Billion ≈ $83.13 Million	+3.86%
2020-12-31	MX$1.39 Billion ≈ $80.04 Million	+1.40%
2019-12-31	MX$1.37 Billion ≈ $78.94 Million	+3.28%
2018-12-31	MX$1.33 Billion ≈ $76.43 Million	+0.41%
2017-12-31	MX$1.32 Billion ≈ $76.12 Million	+6.63%
2016-12-31	MX$1.24 Billion ≈ $71.39 Million	+15.21%
2015-12-31	MX$1.08 Billion ≈ $61.96 Million	-12.29%
2014-12-31	MX$1.23 Billion ≈ $70.65 Million	+10.85%
2013-12-31	MX$1.11 Billion ≈ $63.73 Million	-0.82%
2012-12-31	MX$1.12 Billion ≈ $64.26 Million	-12.24%
2011-12-31	MX$1.27 Billion ≈ $73.22 Million	+47.72%
2010-12-31	MX$861.24 Million ≈ $49.56 Million	-2.77%
2009-12-31	MX$885.74 Million ≈ $50.97 Million	+31.27%
2008-12-31	MX$674.73 Million ≈ $38.83 Million	-60.36%
2007-12-31	MX$1.70 Billion ≈ $97.96 Million	+7.86%
2006-12-31	MX$1.58 Billion ≈ $90.82 Million	+18.73%
2005-12-31	MX$1.33 Billion ≈ $76.49 Million	+7.61%
2004-12-31	MX$1.24 Billion ≈ $71.08 Million	+7.28%
2003-12-31	MX$1.15 Billion ≈ $66.25 Million	-0.62%
2002-12-31	MX$1.16 Billion ≈ $66.66 Million	-6.58%
2001-12-31	MX$1.24 Billion ≈ $71.36 Million	+4.55%
2000-12-31	MX$1.19 Billion ≈ $68.26 Million	-2.75%
1999-12-31	MX$1.22 Billion ≈ $70.19 Million	+19.63%
1998-12-31	MX$1.02 Billion ≈ $58.67 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gruma 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 301.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	MX$2.22 Billion	99.50%
Other Components	MX$11.24 Million	0.50%
Total Equity	MX$2.23 Billion	100.00%

Gruma S.A.B. de C.V. Competitors by Market Cap

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

Company	Market Cap
China Nuclear Engineering Co SHG:601611	$6.00 Billion
Gerdau S.A F:GDUA	$6.00 Billion
Vipshop Holdings Limited NYSE:VIPS	$6.00 Billion
WPG Holdings Ltd TW:3702	$6.00 Billion
Chemed Corp NYSE:CHE	$5.99 Billion
Gates Industrial Corporation plc NYSE:GTES	$5.98 Billion
Amentum Holdings Inc. NYSE:AMTM	$5.98 Billion
MRF Limited NSE:MRF	$5.98 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,951,665,000 to 2,234,411,000, a change of 282,746,000 (14.5%).
Net income of 519,275,000 contributed positively to equity growth.
Dividend payments of 99,152,000 reduced retained earnings.
Share repurchases of 279,501,000 reduced equity.
Other factors increased equity by 142,124,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	MX$519.27 Million	+23.24%
Dividends Paid	MX$99.15 Million	-4.44%
Share Repurchases	MX$279.50 Million	-12.51%
Other Changes	MX$142.12 Million	+6.36%
Total Change	MX$-	14.49%

Book Value vs Market Value Analysis

This analysis compares Gruma 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: 46.68x
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 1384.93x to 46.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1998-12-31	MX$0.22	MX$302.75	x
1999-12-31	MX$2.52	MX$302.75	x
2000-12-31	MX$2.14	MX$302.75	x
2001-12-31	MX$2.26	MX$302.75	x
2002-12-31	MX$2.03	MX$302.75	x
2003-12-31	MX$1.99	MX$302.75	x
2004-12-31	MX$2.10	MX$302.75	x
2005-12-31	MX$2.28	MX$302.75	x
2006-12-31	MX$2.65	MX$302.75	x
2007-12-31	MX$2.98	MX$302.75	x
2008-12-31	MX$0.85	MX$302.75	x
2009-12-31	MX$1.01	MX$302.75	x
2010-12-31	MX$0.99	MX$302.75	x
2011-12-31	MX$1.71	MX$302.75	x
2012-12-31	MX$1.58	MX$302.75	x
2013-12-31	MX$2.25	MX$302.75	x
2014-12-31	MX$2.60	MX$302.75	x
2015-12-31	MX$2.28	MX$302.75	x
2016-12-31	MX$2.66	MX$302.75	x
2017-12-31	MX$3.06	MX$302.75	x
2018-12-31	MX$3.09	MX$302.75	x
2019-12-31	MX$3.28	MX$302.75	x
2020-12-31	MX$3.44	MX$302.75	x
2021-12-31	MX$3.70	MX$302.75	x
2022-12-31	MX$3.84	MX$302.75	x
2023-12-31	MX$4.98	MX$302.75	x
2024-12-31	MX$5.41	MX$302.75	x
2025-12-31	MX$6.48	MX$302.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gruma 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): 23.24%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.15%
• Asset Turnover: 1.26x
• Equity Multiplier: 2.27x
Recent ROE (23.24%) is above the historical average (14.87%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1998	5.41%	3.03%	0.80x	2.23x	MX$-35.71 Million
1999	-3.13%	-1.81%	0.75x	2.32x	MX$-124.67 Million
2000	2.60%	1.28%	0.83x	2.43x	MX$-69.09 Million
2001	3.47%	1.75%	0.86x	2.29x	MX$-64.10 Million
2002	4.16%	2.05%	0.87x	2.34x	MX$-53.11 Million
2003	4.90%	2.14%	0.99x	2.32x	MX$-45.72 Million
2004	8.51%	3.69%	0.99x	2.32x	MX$-14.47 Million
2005	10.56%	4.45%	1.00x	2.38x	MX$5.88 Million
2006	10.79%	4.97%	1.01x	2.14x	MX$10.38 Million
2007	14.23%	6.24%	1.06x	2.16x	MX$60.82 Million
2008	0.00%	-26.26%	0.00x	7.88x	MX$-41.00 Million
2009	20.27%	3.00%	1.15x	5.85x	MX$58.71 Million
2010	7.86%	1.16%	1.19x	5.70x	MX$-11.98 Million
2011	39.24%	9.14%	1.29x	3.32x	MX$282.11 Million
2012	9.87%	1.73%	1.30x	4.38x	MX$-1.16 Million
2013	24.38%	5.85%	1.27x	3.28x	MX$143.22 Million
2014	25.88%	8.59%	1.23x	2.45x	MX$178.59 Million
2015	4.47%	1.31%	1.31x	2.60x	MX$-54.52 Million
2016	24.81%	8.68%	1.21x	2.36x	MX$170.61 Million
2017	23.93%	8.81%	1.16x	2.34x	MX$184.30 Million
2018	19.03%	6.71%	1.20x	2.37x	MX$120.01 Million
2019	18.61%	6.25%	1.16x	2.57x	MX$118.10 Million
2020	19.39%	5.89%	1.23x	2.66x	MX$130.66 Million
2021	20.90%	6.56%	1.20x	2.66x	MX$157.60 Million
2022	22.26%	5.70%	1.28x	3.06x	MX$175.83 Million
2023	23.33%	6.53%	1.40x	2.54x	MX$245.41 Million
2024	27.25%	8.20%	1.44x	2.30x	MX$336.72 Million
2025	23.24%	8.15%	1.26x	2.27x	MX$295.83 Million

Industry Comparison

This section compares Gruma 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: $19,211,632,000
Average return on equity (ROE) among peers: 10.93%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gruma S.A.B. de C.V. (GRUMAB)	MX$2.24 Billion	5.41%	1.27x	$6.00 Billion
Alfa S.A.B. de C.V. (ALFAA)	$65.17 Billion	9.09%	1.54x	$5.00 Billion
Grupo Bafar S.A.B. de C.V (BAFARB)	$4.22 Billion	7.21%	0.85x	$2.39 Billion
Grupo Bimbo S.A.B. de C.V (BIMBOA)	$28.50 Billion	13.37%	0.59x	$14.50 Billion
Grupo Herdez S.A.B. de C.V (HERDEZ)	$3.73 Billion	20.25%	0.61x	$1.19 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 Gruma S.A.B. de C.V.

MX:GRUMAB Mexico Packaged Foods

Market Cap

$6.00 Billion

MX$104.20 Billion MXN

Market Cap Rank

#3215 Global

#42 in Mexico

Share Price

MX$302.75

Change (1 day)

-0.55%

52-Week Range

MX$293.85 - MX$370.11

All Time High

MX$393.28