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

Equities

CADU A

MX01CA130029

Real Estate Development & Operations

End-of-day quote Mexican S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
4.49 MXN +4.91% Intraday chart for Corpovael, S.A.B. de C.V. +8.45% +58.66%

Valuation

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Capitalization 1 5,130 1,747 980.6 941.6 1,433 1,433 -
Enterprise Value (EV) 1 7,995 4,800 3,925 3,371 903.3 3,540 3,195
P/E ratio 6.22 x 3.41 x 7.81 x - - - -
Yield 5% - - - - - -
Capitalization / Revenue 1.06 x 0.54 x 0.32 x 0.25 x 0.2 x 0.29 x 0.29 x
EV / Revenue 1.65 x 1.48 x 1.29 x 0.9 x 0.2 x 0.72 x 0.65 x
EV / EBITDA 6.76 x 10.2 x 7.28 x 5.26 x 1.21 x 4.36 x 4.05 x
EV / FCF -37,222,488 x 9,367,251 x 9,175,861 x - - - 4,885,449 x
FCF Yield -0% 0% 0% - - - 0%
Price to Book - - - - - - -
Nbr of stocks (in thousands) 342,023 339,317 339,317 319,172 319,172 319,172 -
Reference price 2 15.00 5.150 2.890 2.950 4.490 4.490 4.490
Announcement Date 2/26/19 2/23/21 2/22/22 2/21/23 2/26/24 - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Net sales 1 4,845 3,247 3,049 3,727 4,506 4,887 4,901
EBITDA 1 1,182 470 539 641 745 812 789
EBIT 1 1,019 232.1 327.4 376.8 522 652 650
Operating Margin 21.03% 7.15% 10.74% 10.11% 11.58% 13.34% 13.26%
Earnings before Tax (EBT) 1 1,018 172.3 270.2 277.9 412.8 542 543
Net income 1 881.3 143.1 125.4 268.2 296 440 432
Net margin 18.19% 4.41% 4.11% 7.2% 6.57% 9% 8.81%
EPS 2.410 1.510 0.3700 - - - -
Free Cash Flow -214.8 512.5 427.7 - - - 654
FCF margin -4.43% 15.78% 14.03% - - - 13.34%
FCF Conversion (EBITDA) - 109.04% 79.35% - - - 82.89%
FCF Conversion (Net income) - 358.15% 341.17% - - - 151.39%
Dividend per Share 0.7500 - - - - - -
Announcement Date 2/26/19 2/23/21 2/22/22 2/21/23 2/26/24 - -
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 2/22/22 4/26/22 7/27/22 10/25/22 4/24/23 7/25/23 10/24/23 2/26/24
1MXN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Net Debt 1 2,865 3,053 2,944 2,429 1,775 2,107 1,762
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 2.424 x 6.496 x 5.462 x 3.79 x 2.408 x 2.595 x 2.233 x
Free Cash Flow -215 512 428 - - - 654
ROE (net income / shareholders' equity) 18.9% 3% 2.4% - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets 1 - - - - - - -
Book Value Per Share - - - - - - -
Cash Flow per Share -0.6200 1.540 1.260 - - - -
Capex 3.12 2.14 - - - - -
Capex / Sales 0.06% 0.07% - - - - -
Announcement Date 2/26/19 2/23/21 2/22/22 2/21/23 2/26/24 - -
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
4.49 MXN
Average target price
7.5 MXN
Spread / Average Target
+67.04%
Consensus
  1. Stock Market
  2. Equities
  3. CADU A Stock
  4. Financials Corpovael, S.A.B. de C.V.