Grupo Herdez S.A.B. de C.V (HERDEZ) - Net Assets
Based on the latest financial reports, Grupo Herdez S.A.B. de C.V (HERDEZ) has net assets worth MX$14.09 Billion MXN as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$35.95 Billion) and total liabilities (MX$21.86 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$14.09 Billion |
| % of Total Assets | 39.19% |
| Annual Growth Rate | 9.94% |
| 5-Year Change | 4.63% |
| 10-Year Change | 30.44% |
| Growth Volatility | 25.16 |
Grupo Herdez S.A.B. de C.V - Net Assets Trend (2000–2024)
This chart illustrates how Grupo Herdez 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 Herdez S.A.B. de C.V (2000–2024)
The table below shows the annual net assets of Grupo Herdez S.A.B. de C.V from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$18.14 Billion | +8.65% |
| 2023-12-31 | MX$16.70 Billion | -2.63% |
| 2022-12-31 | MX$17.15 Billion | -1.59% |
| 2021-12-31 | MX$17.42 Billion | +0.50% |
| 2020-12-31 | MX$17.34 Billion | -4.99% |
| 2019-12-31 | MX$18.25 Billion | -0.01% |
| 2018-12-31 | MX$18.25 Billion | +5.24% |
| 2017-12-31 | MX$17.34 Billion | +18.56% |
| 2016-12-31 | MX$14.63 Billion | +5.18% |
| 2015-12-31 | MX$13.91 Billion | +5.55% |
| 2014-12-31 | MX$13.18 Billion | +8.62% |
| 2013-12-31 | MX$12.13 Billion | +126.62% |
| 2012-12-31 | MX$5.35 Billion | +11.35% |
| 2011-12-31 | MX$4.81 Billion | +10.83% |
| 2010-12-31 | MX$4.34 Billion | +16.32% |
| 2009-12-31 | MX$3.73 Billion | +19.92% |
| 2008-12-31 | MX$3.11 Billion | +18.48% |
| 2007-12-31 | MX$2.62 Billion | +5.43% |
| 2006-12-31 | MX$2.49 Billion | -4.63% |
| 2005-12-31 | MX$2.61 Billion | +22.12% |
| 2004-12-31 | MX$2.14 Billion | +3.78% |
| 2003-12-31 | MX$2.06 Billion | -0.63% |
| 2002-12-31 | MX$2.07 Billion | +9.18% |
| 2001-12-31 | MX$1.90 Billion | +1.71% |
| 2000-12-31 | MX$1.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo Herdez 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 105.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$4.35 Billion | 55.16% |
| Other Components | MX$3.54 Billion | 44.84% |
| Total Equity | MX$7.89 Billion | 100.00% |
Grupo Herdez S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo Herdez S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Befesa SA Bearer Shares
F:BFSA
|
$1.31 Billion |
|
Xpel Inc
NASDAQ:XPEL
|
$1.31 Billion |
|
Cham Swiss Properties AG
F:4U3
|
$1.31 Billion |
|
Couchbase Inc
NASDAQ:BASE
|
$1.31 Billion |
|
Modern Times Group Mtg AB
ST:MTG-B
|
$1.31 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
$1.31 Billion |
|
Savers Value Village, Inc.
NYSE:SVV
|
$1.31 Billion |
|
Aegean Airlines S.A.
AT:AEGN
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo Herdez S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,091,768,000 to 7,892,823,000, a change of 801,055,000 (11.3%).
- Net income of 1,359,893,000 contributed positively to equity growth.
- Dividend payments of 1,907,485,000 reduced retained earnings.
- Share repurchases of 394,785,000 reduced equity.
- Other factors increased equity by 1,743,432,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$1.36 Billion | +17.23% |
| Dividends Paid | MX$1.91 Billion | -24.17% |
| Share Repurchases | MX$394.79 Million | -5.0% |
| Other Changes | MX$1.74 Billion | +22.09% |
| Total Change | MX$- | 11.30% |
Book Value vs Market Value Analysis
This analysis compares Grupo Herdez 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: 2.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.83x to 2.89x 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$18.50 | MX$70.77 | x |
| 2018-12-31 | MX$19.80 | MX$70.77 | x |
| 2019-12-31 | MX$20.95 | MX$70.77 | x |
| 2020-12-31 | MX$21.14 | MX$70.77 | x |
| 2021-12-31 | MX$19.66 | MX$70.77 | x |
| 2022-12-31 | MX$20.26 | MX$70.77 | x |
| 2023-12-31 | MX$21.49 | MX$70.77 | x |
| 2024-12-31 | MX$24.51 | MX$70.77 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo Herdez 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): 17.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.63%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 5.09x
- Recent ROE (17.23%) is above the historical average (14.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.84% | 4.42% | 1.05x | 2.54x | MX$26.83 Million |
| 2001 | 8.72% | 3.36% | 1.02x | 2.55x | MX$-19.24 Million |
| 2002 | 8.98% | 3.11% | 1.04x | 2.76x | MX$-16.12 Million |
| 2005 | 15.26% | 5.27% | 1.28x | 2.26x | MX$103.59 Million |
| 2006 | 18.01% | 5.44% | 1.35x | 2.45x | MX$148.03 Million |
| 2007 | 20.37% | 6.22% | 1.43x | 2.30x | MX$208.87 Million |
| 2008 | 24.31% | 8.08% | 1.32x | 2.27x | MX$344.61 Million |
| 2009 | 25.85% | 9.14% | 1.38x | 2.06x | MX$463.16 Million |
| 2010 | 23.71% | 9.04% | 1.21x | 2.16x | MX$463.83 Million |
| 2011 | 20.60% | 7.92% | 1.04x | 2.50x | MX$395.29 Million |
| 2012 | 19.00% | 7.04% | 1.14x | 2.37x | MX$374.29 Million |
| 2013 | 10.73% | 4.61% | 0.63x | 3.68x | MX$41.22 Million |
| 2014 | 12.22% | 5.38% | 0.62x | 3.69x | MX$140.09 Million |
| 2015 | 5.76% | 2.38% | 0.67x | 3.62x | MX$-285.77 Million |
| 2016 | 9.76% | 3.95% | 0.69x | 3.59x | MX$-17.29 Million |
| 2017 | 13.19% | 5.21% | 0.72x | 3.51x | MX$253.23 Million |
| 2018 | 13.85% | 5.51% | 0.71x | 3.55x | MX$321.27 Million |
| 2019 | 12.72% | 4.52% | 0.68x | 4.15x | MX$217.10 Million |
| 2020 | 11.46% | 3.44% | 0.72x | 4.65x | MX$105.74 Million |
| 2021 | 10.55% | 2.77% | 0.73x | 5.23x | MX$37.56 Million |
| 2022 | 11.43% | 2.45% | 0.84x | 5.53x | MX$96.97 Million |
| 2023 | 18.62% | 3.65% | 0.96x | 5.32x | MX$611.25 Million |
| 2024 | 17.23% | 3.63% | 0.93x | 5.09x | MX$570.61 Million |
Industry Comparison
This section compares Grupo Herdez 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: $25,392,977,382
- Average return on equity (ROE) among peers: 12.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo Herdez S.A.B. de C.V (HERDEZ) | MX$14.09 Billion | 11.84% | 1.55x | $1.31 Billion |
| Alfa S.A.B. de C.V. (ALFAA) | $39.76 Billion | 13.09% | 2.49x | $5.00 Billion |
| Grupo Bafar S.A.B. de C.V (BAFARB) | $648.92 Million | 14.48% | 0.69x | $2.36 Billion |
| Grupo Bimbo S.A.B. de C.V (BIMBOA) | $101.61 Billion | 15.66% | 2.32x | $14.23 Billion |
| Gruma S.A.B. de C.V. (GRUMAB) | $1.39 Billion | 19.40% | 1.67x | $5.98 Billion |
| Grupo KUO S.A.B. de C.V (KUOB) | $7.04 Billion | 9.69% | 2.44x | $675.19 Million |
| Grupo Minsa S.A.B. de C.V (MINSAB) | $1.92 Billion | 0.00% | 0.18x | $205.55 Million |
About Grupo Herdez S.A.B. de C.V
Grupo Herdez, S.A.B. de C.V., a food company, provides processed food in Mexico and internationally. It operates through Momentum, Canned Food, and Export segments. The company offers organic food; pasta; pasta, spicy, ketchup-type, homemade, hot, Worcestershire, soy, teriyaki, cooking, refrigerated, and taco sauces; coffee and coffee capsules; olives; chilies, dips, salsas, seasonings, tortillas… Read more