Financials Farmacias Benavides, S.A.B. de C.V.

Equities

BEVIDES B

MXP3895X1106

Drug Retailers

End-of-day quote Mexican S.E. 06:00:00 2024-04-07 pm EDT 5-day change 1st Jan Change
18.9 MXN -0.53% Intraday chart for Farmacias Benavides, S.A.B. de C.V. -.--% -0.53%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 6,950 6,950 7,159 6,950 3,712 3,688
Enterprise Value (EV) 1 8,046 8,917 11,673 10,877 6,382 6,248
P/E ratio -10.2 x -22.8 x -52.4 x -25 x 382 x 29 x
Yield - - - - - -
Capitalization / Revenue 0.51 x 0.5 x 0.51 x 0.5 x 0.25 x 0.23 x
EV / Revenue 0.6 x 0.65 x 0.84 x 0.78 x 0.43 x 0.39 x
EV / EBITDA -23.3 x 146 x 25.4 x 33.1 x 9.35 x 6.49 x
EV / FCF -22.3 x -10.4 x 29 x 13.8 x 4.51 x 5.22 x
FCF Yield -4.49% -9.62% 3.44% 7.27% 22.2% 19.2%
Price to Book 9.58 x 15.8 x 25.6 x -176 x -90.9 x 20.3 x
Nbr of stocks (in thousands) 408,844 408,844 408,844 408,844 408,844 408,844
Reference price 2 17.00 17.00 17.51 17.00 9.080 9.020
Announcement Date 5/29/18 6/2/19 4/30/20 5/3/21 5/11/22 5/2/23
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 13,498 13,814 13,911 13,869 14,743 16,218
EBITDA 1 -345.2 61.23 459.6 328.1 682.3 963.3
EBIT 1 -520.2 -183.7 188.4 124.4 525.7 712.6
Operating Margin -3.85% -1.33% 1.35% 0.9% 3.57% 4.39%
Earnings before Tax (EBT) 1 -601.4 -348.5 -129.1 -282.5 235.3 349.5
Net income 1 -683.6 -305.2 -136.7 -278.2 9.711 127.3
Net margin -5.06% -2.21% -0.98% -2.01% 0.07% 0.78%
EPS 2 -1.672 -0.7466 -0.3344 -0.6804 0.0238 0.3114
Free Cash Flow 1 -361.1 -857.4 402 790.9 1,415 1,197
FCF margin -2.68% -6.21% 2.89% 5.7% 9.6% 7.38%
FCF Conversion (EBITDA) - - 87.47% 241.03% 207.34% 124.26%
FCF Conversion (Net income) - - - - 14,567.79% 940.3%
Dividend per Share - - - - - -
Announcement Date 5/29/18 6/2/19 4/30/20 5/3/21 5/11/22 5/2/23
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 1,096 1,966 4,515 3,926 2,669 2,560
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -3.175 x 32.11 x 9.823 x 11.97 x 3.912 x 2.657 x
Free Cash Flow 1 -361 -857 402 791 1,415 1,197
ROE (net income / shareholders' equity) -64% -52.3% -37.9% -232% -24.2% 127%
ROA (Net income/ Total Assets) -5.68% -1.89% 1.56% 0.94% 4.46% 6.07%
Assets 1 12,043 16,159 -8,750 -29,544 217.6 2,096
Book Value Per Share 2 1.770 1.080 0.6800 -0.1000 -0.1000 0.4400
Cash Flow per Share 2 0.8800 0.9600 1.200 0.9900 1.210 1.550
Capex 1 346 446 252 222 192 348
Capex / Sales 2.56% 3.23% 1.81% 1.6% 1.3% 2.15%
Announcement Date 5/29/18 6/2/19 4/30/20 5/3/21 5/11/22 5/2/23
1MXN in Million2MXN
Estimates
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