Cash flow GMéxico Transportes, S.A.B. de C.V.

Equities

GMXT *

MX01GM1Z0019

Ground Freight & Logistics

End-of-day quote Mexican S.E. Other stock markets 09/09/2024			5-day change	1st Jan Change
32.61 ^MXN	-0.91%		-2.01%	-14.63%

07-22	Copper prices, output drive Grupo Mexico profit jump	RE
07-19	GMéxico Transportes, S.A.B. de C.V. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024	CI

89b85e889976eb6f70172e1addd9045.fvdqhQWnm7cmWVFLGV8k8aZrhQdBjNOmIeV6rttCqNw.Krwu_VTWotNNNxUue2pOx8css1VzvOHqS7oIxOkOw64Ugiywd5behkI2Pg

Published financial data: GMÉXICO TRANSPORTES, S.A.B. DE C.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	47.63B	46.11B	51.17B	54.57B	56.43B
Total Revenues	47.63B	46.11B	51.17B	54.57B	56.43B
Cost of Goods Sold, Total	25.67B	24.01B	26.71B	28B	29.04B
Gross Profit	21.97B	22.1B	24.46B	26.57B	27.39B
Selling General & Admin Expenses, Total	1.93B	2.09B	1.8B	1.99B	2.09B
Depreciation & Amortization - (IS)	6.62B	6.95B	6.91B	7.21B	7.63B
Amortization of Goodwill and Intangible Assets - (IS)	94.36M	91.29M	87M	87M	96.55M
Other Operating Expenses	-320M	-141M	-136M	-300M	-290M
Other Operating Expenses, Total	8.33B	8.99B	8.66B	8.99B	9.53B
Operating Income	13.63B	13.1B	15.8B	17.58B	17.86B
Interest Expense, Total	-2.67B	-2.46B	-2.5B	-2.66B	-2.62B
Interest And Investment Income	149M	145M	177M	647M	769M
Net Interest Expenses	-2.52B	-2.31B	-2.32B	-2.01B	-1.85B
Income (Loss) On Equity Invest.	-179M	-75.76M	32.8M	77.29M	115M
Currency Exchange Gains (Loss)	170M	-83.29M	270M	-152M	-218M
Other Non Operating Income (Expenses)	-	-	-	-	-
EBT, Excl. Unusual Items	11.11B	10.63B	13.78B	15.5B	15.91B
Gain (Loss) On Sale Of Investments	-	-	-	-208M	-
Gain (Loss) On Sale Of Assets	-	-	-	26.12M	-97.1M
EBT, Incl. Unusual Items	11.11B	10.63B	13.78B	15.32B	15.81B
Income Tax Expense	3.15B	2.91B	4.07B	3.18B	4.89B
Earnings From Continuing Operations	7.96B	7.73B	9.71B	12.14B	10.92B
Net Income to Company	7.96B	7.73B	9.71B	12.14B	10.92B
Minority Interest	-1.92B	-1.82B	-2.14B	-2.3B	-2.35B
Net Income - (IS)	6.04B	5.91B	7.57B	9.84B	8.57B
Net Income to Common Incl Extra Items	6.04B	5.91B	7.57B	9.84B	8.57B
Net Income to Common Excl. Extra Items	6.04B	5.91B	7.57B	9.84B	8.57B
Per Share Items
Net EPS - Basic	1.47	1.46	1.85	2.26	1.98
Basic EPS - Continuing Operations	1.47	1.46	1.85	2.26	1.98
Basic Weighted Average Shares Outstanding	4.1B	4.04B	4.1B	4.35B	4.33B
Net EPS - Diluted	1.47	1.46	1.85	2.26	1.98
Diluted EPS - Continuing Operations	1.47	1.46	1.85	2.26	1.98
Diluted Weighted Average Shares Outstanding	4.1B	4.04B	4.1B	4.35B	4.33B
Normalized Basic EPS	1.22	1.2	1.58	1.7	1.75
Normalized Diluted EPS	1.22	1.2	1.58	1.7	1.75
Dividend Per Share	1.2	1.05	1.65	2	2
Payout Ratio	81.49	72.09	-	87.34	101.58
Supplemental Items
EBITDA	19.03B	18.47B	22.8B	23.14B	23.47B
EBITA	13.73B	13.19B	15.8B	17.67B	17.96B
EBIT	13.63B	13.1B	15.8B	17.58B	17.86B
EBITDAR	21.16B	20.33B	-	24.87B	25.1B
Effective Tax Rate - (Ratio)	28.34	27.34	29.53	20.75	30.95
Total Current Taxes	2.98B	3.43B	-	4.49B	4.58B
Total Deferred Taxes	164M	-524M	-	-1.31B	311M
Normalized Net Income	5.02B	4.83B	6.48B	7.39B	7.59B
Interest Capitalized	44.23M	12.53M	-	115M	59.78M
Interest on Long-Term Debt	2.71B	2.47B	2.5B	2.77B	2.68B
Non-Cash Pension Expense	13.1M	14.28M	-	27.39M	35.88M
Supplemental Operating Expense Items
General and Administrative Expenses	1.93B	2.09B	1.8B	1.99B	2.09B
Net Rental Expense, Total	2.14B	1.86B	-	1.74B	1.63B
Imputed Operating Lease Interest Expense	1.39B	1.07B	-	1.09B	1.04B
Imputed Operating Lease Depreciation	743M	793M	-	651M	592M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	3.84B	4.18B	7.73B	14.11B	7.74B
Total Cash And Short Term Investments	3.84B	4.18B	7.73B	14.11B	7.74B
Accounts Receivable, Total	6.8B	6.62B	7.02B	7.75B	7.26B
Other Receivables	1.07B	981M	1.13B	1.23B	1.12B
Total Receivables	7.87B	7.6B	8.15B	8.98B	8.38B
Inventory	1.24B	1.04B	1.11B	1.1B	1.25B
Other Current Assets, Total	166M	266M	247M	302M	347M
Total Current Assets	13.11B	13.08B	17.23B	24.49B	17.72B
Gross Property Plant And Equipment	128B	134B	-	151B	151B
Accumulated Depreciation	-37.8B	-40.16B	-	-55.74B	-58.83B
Net Property Plant And Equipment	90.49B	93.53B	95.6B	95.25B	92.06B
Long-term Investments	451M	375M	408M	485M	938M
Goodwill	3.99B	4.19B	4.3B	4.07B	3.61B
Other Intangibles, Total	1.45B	1.36B	1.28B	1.19B	1.66B
Accounts Receivable Long-Term	35K	222K	159K	572K	471K
Other Long-Term Assets, Total	782M	119M	122M	87.99M	155M
Total Assets	110B	113B	119B	126B	116B
Liabilities
Accounts Payable, Total	2B	2.08B	1.96B	2.66B	2.58B
Accrued Expenses, Total	3.62B	3.67B	3.4B	4.27B	3.24B
Current Portion of Long-Term Debt	105M	1.57B	3B	1.75B	2.02B
Current Portion of Leases	1.8B	1.84B	1.81B	1.59B	1.74B
Current Income Taxes Payable	115M	344M	775M	1.12B	741M
Other Current Liabilities	309M	180M	184M	183M	333M
Total Current Liabilities	7.95B	9.67B	11.14B	11.57B	10.65B
Long-Term Debt	28.15B	26.63B	28.64B	26.89B	24.83B
Long-Term Leases	4.51B	4.27B	3.49B	3.73B	4.7B
Pension & Other Post Retirement Benefits	237M	284M	386M	414M	429M
Deferred Tax Liability Non Current	9.68B	10.07B	10.88B	10.44B	9.63B
Other Non Current Liabilities	808M	1.01B	1.13B	1.05B	863M
Total Liabilities	51.34B	51.93B	55.67B	54.09B	51.1B
Common Stock, Total	633M	633M	633M	10.67B	10.67B
Additional Paid In Capital	7.72B	7.72B	7.72B	7.72B	7.72B
Retained Earnings	40.71B	42.36B	44.01B	45.25B	45.12B
Comprehensive Income and Other	1.37B	1.52B	2.45B	-1.12B	-7.95B
Total Common Equity	50.44B	52.23B	54.81B	62.52B	55.56B
Minority Interest	8.51B	8.5B	8.45B	8.96B	9.48B
Total Equity	58.94B	60.73B	63.26B	71.48B	65.04B
Total Liabilities And Equity	110B	113B	119B	126B	116B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	4.1B	4.1B	4.1B	4.37B	4.37B
ECS Total Common Shares Outstanding	4.1B	4.1B	4.1B	4.37B	4.37B
Book Value / Share	12.3	12.74	13.37	14.31	12.71
Tangible Book Value	45B	46.68B	49.24B	57.27B	50.28B
Tangible Book Value Per Share	10.97	11.38	12.01	13.1	11.51
Total Debt	34.57B	34.3B	36.95B	33.96B	33.29B
Net Debt	30.73B	30.13B	29.22B	19.85B	25.55B
Debt Equivalent Oper. Leases	17.1B	14.88B	-	13.9B	13.05B
Minority Interest, Total (Incl. Fin. Div)	8.51B	8.5B	8.45B	8.96B	9.48B
Equity Method Investments, Total	451M	375M	408M	485M	938M
Account Code - Inventory Valuation	6	6	3	6	6
Inventories - Raw Materials, Total	880M	768M	-	742M	805M
Inventories - Finished Goods, Total	374M	285M	-	361M	445M
Inventories - Others	-	-	-	-	-
Land - (BS)	24.18B	25.5B	-	25.01B	21.99B
Buildings, Total	1.9B	1.96B	-	2.46B	2.13B
Machinery, Total	78.3B	82.18B	-	95.28B	42.86B
Full Time Employees	12.34K	11.84K	-	11.49K	11.92K
Accumulated Allowance for Doubtful Accounts (Supple)	164M	133M	-	138M	117M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	6.04B	5.91B	-	9.84B	8.57B
Depreciation & Amortization - CF	6.62B	6.95B	-	7.21B	7.63B
Amortization of Goodwill and Intangible Assets - (CF)	94.36M	91.29M	-	87M	96.55M
Depreciation & Amortization, Total	6.72B	7.04B	-	7.29B	7.72B
(Gain) Loss From Sale Of Asset	36.55M	-78.78M	-	-26.12M	97.1M
(Gain) Loss on Sale of Investments - (CF)	-	-	-	-224M	-
(Income) Loss On Equity Investments - (CF)	179M	75.76M	-	-77.29M	-115M
Other Operating Activities, Total	5.75B	4.51B	-	4.25B	4.42B
Change In Accounts Receivable	132M	208M	-	-971M	177M
Change In Inventories	-91.94M	199M	-	2.39M	-147M
Change in Other Net Operating Assets	-929M	250M	-	1.27B	-2.15B
Cash from Operations	17.83B	18.11B	-	21.35B	18.57B
Capital Expenditure	-6.62B	-5.8B	-	-7.6B	-7.6B
Sale of Property, Plant, and Equipment	50.81M	211M	-	158M	654M
Cash Acquisitions	-	-	-	7.37B	-
Sale (Purchase) of Intangible assets	-	-6.8M	-	-	-
Investment in Marketable and Equity Securities, Total	-	-	-	3.19B	-
Other Investing Activities, Total	175M	143M	-	632M	779M
Cash from Investing	-6.39B	-5.45B	-	3.76B	-6.17B
Long-Term Debt Issued, Total	7.8B	-	-	-	-
Total Debt Issued	7.8B	-	-	-	-
Long-Term Debt Repaid, Total	-9.8B	-2.36B	-	-5.08B	-4.22B
Total Debt Repaid	-9.8B	-2.36B	-	-5.08B	-4.22B
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-1.64B	-	-594M	-1.48B
Common Dividends Paid	-4.92B	-4.26B	-	-8.59B	-8.7B
Common & Preferred Stock Dividends Paid	-4.92B	-4.26B	-	-8.59B	-8.7B
Other Financing Activities, Total	-4.36B	-4.05B	-	-4.47B	-4.36B
Cash from Financing	-11.27B	-12.32B	-	-18.74B	-18.76B
Net Change in Cash	165M	340M	-	6.38B	-6.36B
Supplemental Items
Cash Interest Paid	2.59B	2.39B	-	2.77B	2.7B
Cash Income Tax Paid (Refund)	2.14B	2.42B	-	3.37B	4.53B
Levered Free Cash Flow	7.17B	8.48B	-	10.05B	8.71B
Unlevered Free Cash Flow	8.84B	10.02B	-	11.71B	10.34B
Change In Net Working Capital	-216M	-592M	536M	-1.02B	943M
Net Debt Issued / Repaid	-2B	-2.36B	-	-5.08B	-4.22B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	7.82	7.37	8.53	8.99	9.24
Return on Total Capital	9.22	8.71	10.12	10.69	10.96
Return On Equity %	13.45	12.97	15.67	18.02	16
Return on Common Equity	11.89	11.56	14.15	16.77	14.51
Margin Analysis
Gross Profit Margin %	46.11	47.93	47.81	48.69	48.53
SG&A Margin	4.05	4.54	3.52	3.65	3.71
EBITDA Margin %	39.94	40.06	44.55	42.39	41.6
EBITA Margin %	28.82	28.62	30.87	32.38	31.82
EBIT Margin %	28.62	28.42	30.87	32.22	31.65
Income From Continuing Operations Margin %	16.71	16.76	18.98	22.24	19.35
Net Income Margin %	12.68	12.82	14.8	18.02	15.18
Net Avail. For Common Margin %	12.68	12.82	14.8	18.02	15.18
Normalized Net Income Margin	10.54	10.47	12.65	13.53	13.45
Levered Free Cash Flow Margin	15.06	18.39	-	18.41	15.43
Unlevered Free Cash Flow Margin	18.56	21.72	-	21.46	18.33
Asset Turnover
Asset Turnover	0.44	0.41	0.44	0.45	0.47
Fixed Assets Turnover	0.53	0.5	0.54	0.57	0.6
Receivables Turnover (Average Receivables)	7.08	6.87	7.51	7.39	7.52
Inventory Turnover (Average Inventory)	21.48	21.03	24.87	25.36	24.68
Short Term Liquidity
Current Ratio	1.65	1.35	1.55	2.12	1.66
Quick Ratio	1.47	1.22	1.43	2	1.51
Operating Cash Flow to Current Liabilities	2.24	1.87	-	1.85	1.74
Days Sales Outstanding (Average Receivables)	51.53	53.24	48.62	49.39	48.55
Days Outstanding Inventory (Average Inventory)	17	17.4	14.67	14.39	14.79
Average Days Payable Outstanding	30.27	31.31	27.53	30.13	32.73
Cash Conversion Cycle (Average Days)	38.26	39.33	35.76	33.65	30.61
Long Term Solvency
Total Debt/Equity	58.64	56.49	58.41	47.51	51.19
Total Debt / Total Capital	36.96	36.1	36.87	32.21	33.86
LT Debt/Equity	55.42	50.88	50.8	42.84	45.41
Long-Term Debt / Total Capital	34.93	32.51	32.07	29.04	30.03
Total Liabilities / Total Assets	46.55	46.1	46.81	43.08	44
EBIT / Interest Expense	5.11	5.34	6.33	6.62	6.82
EBITDA / Interest Expense	7.63	8.2	9.13	9.36	9.77
(EBITDA - Capex) / Interest Expense	5.15	5.84	9.13	6.5