Gruma SAB de CV
Gruma, S.A.B. de C.V., together with its subsidiaries, manufactures and sells corn flour, tortillas, corn chips, and other related products in the United States, Mexico, Europe, Central America, Asia, and Oceania. It operates through Corn Flour and Packaged Tortilla Division (United States), Corn Flour Division (Mexico), Corn Flour and Packaged Tortilla Division (Europe), and Other segments. The … Read more
Gruma SAB de CV (GPAGF) - Net Assets
Latest net assets as of June 2025: $2.08 Billion USD
Based on the latest financial reports, Gruma SAB de CV (GPAGF) has net assets worth $2.08 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($4.94 Billion) and total liabilities ($2.86 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 | $2.08 Billion |
| % of Total Assets | 42.05% |
| Annual Growth Rate | -16.62% |
| 5-Year Change | -92.94% |
| 10-Year Change | 80.59% |
| Growth Volatility | 51.26 |
Gruma SAB de CV - Net Assets Trend (2013–2024)
This chart illustrates how Gruma SAB de CV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Gruma SAB de CV (2013–2024)
The table below shows the annual net assets of Gruma SAB de CV from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.95 Billion | +6.03% |
| 2023-12-31 | $1.84 Billion | +28.58% |
| 2022-12-31 | $1.43 Billion | -0.75% |
| 2021-12-31 | $1.44 Billion | -94.78% |
| 2020-12-31 | $27.67 Billion | -- |
| 2019-12-31 | $0.00 | -- |
| 2018-12-31 | $26.10 Billion | +0.48% |
| 2017-12-31 | $25.98 Billion | -- |
| 2016-12-31 | $0.00 | -- |
| 2015-12-31 | $1.08 Billion | -11.73% |
| 2014-12-31 | $1.23 Billion | -91.50% |
| 2013-12-31 | $14.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gruma SAB de CV'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 73.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.09 Billion | 107.15% |
| Total Equity | $1.95 Billion | 100.00% |
Gruma SAB de CV Competitors by Market Cap
The table below lists competitors of Gruma SAB de CV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
H B Fuller Company
NYSE:FUL
|
$2.96 Billion |
|
Community Bank System Inc
NYSE:CBU
|
$2.96 Billion |
|
Nisshin Seifun Group Inc
F:NFR
|
$2.97 Billion |
|
PJT Partners Inc
NYSE:PJT
|
$2.97 Billion |
|
Corcept Therapeutics Incorporated
NASDAQ:CORT
|
$2.96 Billion |
|
INDIVIOR PLC DL 050
F:2IVB
|
$2.96 Billion |
|
Oil India Limited
NSE:OIL
|
$2.95 Billion |
|
Demant A/S
PINK:WILLF
|
$2.95 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gruma SAB de CV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,840,437,000 to 1,951,665,000, a change of 111,228,000 (6.0%).
- Net income of 531,889,000 contributed positively to equity growth.
- Dividend payments of 105,046,000 reduced retained earnings.
- Share repurchases of 152,201,000 reduced equity.
- Other factors decreased equity by 163,414,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $531.89 Million | +27.25% |
| Dividends Paid | $105.05 Million | -5.38% |
| Share Repurchases | $152.20 Million | -7.8% |
| Other Changes | $-163.41 Million | -8.37% |
| Total Change | $- | 6.04% |
Book Value vs Market Value Analysis
This analysis compares Gruma SAB de CV'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: 3.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $19.00 | x |
| 2016-12-31 | $0.00 | $19.00 | x |
| 2017-12-31 | $60.34 | $19.00 | x |
| 2018-12-31 | $63.06 | $19.00 | x |
| 2019-12-31 | $64.12 | $19.00 | x |
| 2020-12-31 | $71.72 | $19.00 | x |
| 2021-12-31 | $3.86 | $19.00 | x |
| 2022-12-31 | $3.87 | $19.00 | x |
| 2023-12-31 | $4.99 | $19.00 | x |
| 2024-12-31 | $5.41 | $19.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gruma SAB de CV 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): 27.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.20%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 2.30x
- Recent ROE (27.25%) is above the historical average (19.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 24.38% | 6.45% | 1.15x | 3.28x | $1.87 Billion |
| 2014 | 25.88% | 8.59% | 1.23x | 2.45x | $178.38 Million |
| 2015 | 4.47% | 1.31% | 1.31x | 2.60x | $-54.81 Million |
| 2016 | 0.00% | 0.00% | 0.00x | 0.00x | $0.00 |
| 2017 | 23.93% | 62180740000000.00% | 0.00x | 2.34x | $3.62 Billion |
| 2018 | 19.03% | 49698030000000.00% | 0.00x | 2.37x | $2.36 Billion |
| 2019 | 18.61% | 48356750000000.00% | 1.00x | 0.00x | $2.24 Billion |
| 2020 | 19.39% | 5.89% | 1.23x | 2.66x | $2.60 Billion |
| 2021 | 20.81% | 6.53% | 1.20x | 2.66x | $156.21 Million |
| 2022 | 22.26% | 5.70% | 1.28x | 3.06x | $175.83 Million |
| 2023 | 23.33% | 6.53% | 1.40x | 2.54x | $245.41 Million |
| 2024 | 27.25% | 8.20% | 1.44x | 2.30x | $336.72 Million |
Industry Comparison
This section compares Gruma SAB de CV's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gruma SAB de CV (GPAGF) | $2.08 Billion | 24.38% | 1.38x | $2.96 Billion |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |