Company Orbia Advance Corporation, S.A.B. de C.V.

Equities

ORBIA *

MX01OR010004

Commodity Chemicals

End-of-day quote Mexican S.E. 06:00:00 2024-05-08 pm EDT 5-day change 1st Jan Change
29.05 MXN +0.10% Intraday chart for Orbia Advance Corporation, S.A.B. de C.V. +1.86% -22.78%

Business Summary

Orbia Advance Corporation SAB de CV, formerly Mexichem SAB de CV, is a Mexico-based company engaged in the industrial sector. The Company’s activities are divided into five business groups: Precision Agriculture, Building & Infrastructure, Fluor, Data Communication and Polymer Solutions. The Precision Agriculture business includes Netafim brand, which develops irrigation systems and related services, as well as offers technology for farming digitalization. The Building & Infrastructure business offers pipes for multiple building applications through Wavin brand. The Fluor business operates Koura brand, which manufactures fluorine-based materials used in such industries as healthcare, construction and transportation. The Data Communication business is responsible for production and installation of communication and power cables through Dura-Line brand. The Polymer Solutions business includes vestolit and alphagary brand names, which provides plastic resins and other compounds.

Number of employees: 24,327

Sales per Business

MXN in Million2022Weight2023Weight Delta
Polymer Solutions
32.9 %
74,376 38.3 % 47,882 32.9 % -35.62%
Building & Infrastructure
32.6 %
58,881 30.3 % 47,510 32.6 % -19.31%
Connectivity Solutions
13.7 %
27,569 14.2 % 19,958 13.7 % -27.61%
Precision Agriculture
13.0 %
21,834 11.2 % 18,858 13.0 % -13.63%
Fluor & Energy Materials
11.2 %
17,145 8.8 % 16,286 11.2 % -5.01%
Eliminations
-5.4 %
-8,090 -4.2 % -7,824 -5.4 % -3.29%
Company Controller
2.0 %
2,435 1.3 % 2,874 2.0 % +18.03%

Sales per region

MXN in Million2022Weight2023Weight Delta
United States
25.5 %
48,698 25.1 % 37,114 25.5 % -23.79%
Northwest Europe
14.3 %
30,970 16.0 % 20,863 14.3 % -32.63%
Africa, Middle East, and Asia
10.9 %
15,917 8.2 % 15,896 10.9 % -0.14%
Southwest Europe
10.8 %
23,343 12.0 % 15,772 10.8 % -32.44%
Mexico
10.7 %
20,043 10.3 % 15,559 10.7 % -22.37%
Brazil
7.4 %
14,308 7.4 % 10,804 7.4 % -24.49%
Colombia
3.7 %
8,371 4.3 % 5,446 3.7 % -34.94%
Central and Eastern Europe
3.3 %
7,063 3.6 % 4,755 3.3 % -32.69%
Central America
2.9 %
5,373 2.8 % 4,222 2.9 % -21.41%
Canada
2.5 %
3,864 2.0 % 3,637 2.5 % -5.87%
Peru
2.1 %
4,367 2.2 % 3,034 2.1 % -30.53%
Southeast Europe
1.9 %
3,340 1.7 % 2,732 1.9 % -18.21%
Ecuador
1.3 %
2,717 1.4 % 1,934 1.3 % -28.82%
Other Countries in the Rest of the World
1.0 %
2,113 1.1 % 1,437 1.0 % -31.99%
Argentina
0.7 %
1,751 0.9 % 976 0.7 % -44.27%
Chile
0.5 %
1,167 0.6 % 781 0.5 % -33.12%
Israel
0.4 %
745 0.4 % 585 0.4 % -21.37%

Managers

Managers TitleAgeSince
Chief Executive Officer 54 15-12-31
Director of Finance/CFO 64 21-08-29
Chief Tech/Sci/R&D Officer - -
Director/Board Member 55 01-12-31
Corporate Officer/Principal - -
Human Resources Officer 54 -
Comptroller/Controller/Auditor 53 08-01-31
Corporate Officer/Principal 60 87-12-31
Corporate Secretary 55 -
Corporate Officer/Principal 63 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 65 20-12-31
Director/Board Member 55 01-12-31
Director/Board Member 54 20-12-31
Chairman 50 00-12-31
Director/Board Member - 17-12-31
Director/Board Member 60 07-12-31
Director/Board Member 75 09-12-31
Director/Board Member - 18-12-31
Director/Board Member - 19-12-31
Director/Board Member 56 20-12-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,968,000,000 922,590,000 ( 46.88 %) 54,656,048 ( 2.777 %) 46.88 %

Shareholders

NameEquities%Valuation
1,038,165,000 52.75 % 2 181 M $
BBVA Bancomer Gestión S.A. de C.V. SOFI
0.9422 %
18,541,898 0.9422 % 39 M $
GBM Administradora de Activos, SA de CV SOSI
0.4495 %
8,846,590 0.4495 % 19 M $
Amundi Asset Management SA (Investment Management)
0.4134 %
8,135,599 0.4134 % 17 M $
BlackRock México Operadora SA de CV SOFI
0.3778 %
7,434,900 0.3778 % 16 M $
Impulsora del Fondo México SC
0.1931 %
3,800,000 0.1931 % 8 M $
Operadora Actinver SA de CV
0.1455 %
2,862,652 0.1455 % 6 M $
Sjunde AP-fonden
0.1452 %
2,857,864 0.1452 % 6 M $
State Street Global Advisors Ltd.
0.1434 %
2,822,733 0.1434 % 6 M $
Atalanta Sosnoff Capital LLC
0.1360 %
2,676,635 0.1360 % 6 M $

Company contact information

Orbia Advance Corp. SAB de CV

Paseo de la Reforma 505 Colonia Cuauhtémoc

06500, Mexico City

+52 55 5366 4000

http://www.orbia.com
address Orbia Advance Corporation, S.A.B. de C.V.(ORBIA *)

Group companies

NameCategory and Sector
Water Utilities
Miscellaneous Manufacturing
Chemicals: Specialty
Wavin Finance BV
Miscellaneous Manufacturing
Chemicals: Specialty
Chemicals: Specialty
Mexichem Soluciones Integrales SA de CV
Mexichem Servicios Administrativos SA de CV

Sales per Business

Sales per region

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
1.741 USD
Average target price
3.081 USD
Spread / Average Target
+77.01%
Consensus
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