Financials Corpovael, S.A.B. de C.V.

Equities

CADU A

MX01CA130029

Real Estate Development & Operations

End-of-day quote Mexican S.E. 23:00:00 26/06/2024 BST 5-day change 1st Jan Change
3.72 MXN +3.62% Intraday chart for Corpovael, S.A.B. de C.V. -2.11% +31.45%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,747 980.6 941.6 903.3 1,187 - -
Enterprise Value (EV) 1 4,800 3,925 3,371 903.3 3,294 2,949 2,983
P/E ratio 3.41 x 7.81 x - - - - -
Yield - - - - - - -
Capitalization / Revenue 0.54 x 0.32 x 0.25 x 0.2 x 0.24 x 0.24 x 0.22 x
EV / Revenue 1.48 x 1.29 x 0.9 x 0.2 x 0.67 x 0.6 x 0.56 x
EV / EBITDA 10.2 x 7.28 x 5.26 x 1.21 x 4.06 x 3.74 x 3.41 x
EV / FCF 9,367,251 x 9,175,861 x - - - 4,509,665 x 9,470,860 x
FCF Yield 0% 0% - - - 0% 0%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 339,317 339,317 319,172 319,172 319,172 - -
Reference price 2 5.150 2.890 2.950 2.830 3.720 3.720 3.720
Announcement Date 23/02/21 22/02/22 21/02/23 26/02/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net sales 1 3,247 3,049 3,727 4,506 4,887 4,901 5,298
EBITDA 1 470 539 641 745 812 789 876
EBIT 1 232.1 327.4 376.8 522 652 650 729
Operating Margin 7.15% 10.74% 10.11% 11.58% 13.34% 13.26% 13.76%
Earnings before Tax (EBT) 1 172.3 270.2 277.9 412.8 542 543 622
Net income 1 143.1 125.4 268.2 296 440 432 491
Net margin 4.41% 4.11% 7.2% 6.57% 9% 8.81% 9.27%
EPS 1.510 0.3700 - - - - -
Free Cash Flow 512.5 427.7 - - - 654 315
FCF margin 15.78% 14.03% - - - 13.34% 5.95%
FCF Conversion (EBITDA) 109.04% 79.35% - - - 82.89% 35.96%
FCF Conversion (Net income) 358.15% 341.17% - - - 151.39% 64.15%
Dividend per Share - - - - - - -
Announcement Date 23/02/21 22/02/22 21/02/23 26/02/24 - - -
1MXN in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4
Net sales 1 689.4 640.3 - 839.2 - 1,169 1,023 1,171
EBITDA 1 67 61 - 133 - 186 138 229
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) - - - - - - - -
Net income -35.16 -27.73 64.15 30.03 72.37 - - -
Net margin -5.1% -4.33% - 3.58% - - - -
EPS -0.1000 -0.0800 0.2000 - 0.2300 - - -
Dividend per Share - - - - - - - -
Announcement Date 22/02/22 26/04/22 27/07/22 25/10/22 24/04/23 25/07/23 24/10/23 26/02/24
1MXN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,053 2,944 2,429 - 2,107 1,762 1,796
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 6.496 x 5.462 x 3.79 x - 2.595 x 2.233 x 2.05 x
Free Cash Flow 512 428 - - - 654 315
ROE (net income / shareholders' equity) 3% 2.4% - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share 1.540 1.260 - - - - -
Capex 2.14 - - - - - -
Capex / Sales 0.07% - - - - - -
Announcement Date 23/02/21 22/02/22 21/02/23 26/02/24 - - -
1MXN in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
3.72 MXN
Average target price
7.5 MXN
Spread / Average Target
+101.61%
Consensus
  1. Stock Market
  2. Equities
  3. CADU A Stock
  4. Financials Corpovael, S.A.B. de C.V.