GRUPO GICSA S.A.B. DE C.V. Financials Grupo Gicsa S.A.B. de C.V.
Equities
GICSA B
MX01GI020004
Real Estate Development & Operations
|
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.36 MXN | -0.42% |
|
+2.61% | +2.61% |
| Feb. 28 | Transcript : Grupo Gicsa S.A.B. de C.V., Q4 2023 Earnings Call, Feb 28, 2024 | |
| Jan. 15 | Grupo Gicsa S.A.B. de C.V. Reports Earnings Results for the Fourth Quarter Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 9,554 | 11,058 | 7,145 | 3,945 | 3,000 | 3,540 | 3,540 | - |
| Enterprise Value (EV) 1 | 30,492 | 33,680 | 33,553 | 7,278 | 31,770 | 29,971 | 29,996 | 29,852 |
| P/E ratio | 6.36 x | 7.37 x | -4.66 x | 21.9 x | - | 2.02 x | - | - |
| Yield | - | - | - | - | - | - | - | - |
| Capitalization / Revenue | 1.68 x | 1.91 x | 1.59 x | 1.02 x | 0.62 x | 0.64 x | 0.7 x | 0.6 x |
| EV / Revenue | 5.36 x | 5.8 x | 7.46 x | 1.88 x | 6.56 x | 5.55 x | 5.95 x | 5.08 x |
| EV / EBITDA | 7.6 x | 9.89 x | 11.4 x | 3.15 x | 14 x | 9.94 x | 8.24 x | 6.61 x |
| EV / FCF | -43.6 x | 9.82 x | -50.5 x | 9.22 x | - | 11.9 x | 11.9 x | 10.1 x |
| FCF Yield | -2.29% | 10.2% | -1.98% | 10.8% | - | 8.42% | 8.39% | 9.89% |
| Price to Book | 0.45 x | 0.43 x | 0.27 x | 0.15 x | 0.11 x | 0.11 x | 0.12 x | 0.1 x |
| Nbr of stocks (in thousands) | 1,502,156 | 1,500,389 | 1,533,192 | 1,500,123 | 1,500,123 | 1,500,123 | 1,500,123 | - |
| Reference price 2 | 6.360 | 7.370 | 4.660 | 2.630 | 2.000 | 2.360 | 2.360 | 2.360 |
| Announcement Date | 2/13/19 | 2/25/20 | 2/24/21 | 2/23/22 | 2/28/23 | 1/15/24 | - | - |
1MXN in Million2MXN
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 5,687 | 5,803 | 4,500 | 3,866 | 4,840 | 5,404 | 5,042 | 5,876 |
| EBITDA 1 | 4,012 | 3,406 | 2,940 | 2,313 | 2,273 | 3,016 | 3,642 | 4,513 |
| EBIT 1 | 3,496 | 3,069 | 3,050 | 2,370 | 2,926 | 2,827 | 3,497 | 4,106 |
| Operating Margin | 61.47% | 52.89% | 67.77% | 61.29% | 60.44% | 52.32% | 69.36% | 69.88% |
| Earnings before Tax (EBT) 1 | 6,329 | 3,888 | 564.6 | -153.2 | 691 | 2,926 | - | - |
| Net income 1 | 4,845 | 2,400 | -81.31 | 178.2 | -160.7 | 1,712 | 1,064 | 1,366 |
| Net margin | 85.19% | 41.37% | -1.81% | 4.61% | -3.32% | 31.67% | 21.11% | 23.25% |
| EPS 2 | 1.000 | 1.000 | -1.000 | 0.1200 | - | 1.141 | - | - |
| Free Cash Flow 1 | -698.9 | 3,430 | -664.5 | 789.5 | - | 2,538 | 2,518 | 2,952 |
| FCF margin | -12.29% | 59.12% | -14.77% | 20.42% | - | 52.98% | 49.94% | 50.24% |
| FCF Conversion (EBITDA) | - | 100.73% | - | 34.13% | - | 72.61% | 69.14% | 65.4% |
| FCF Conversion (Net income) | - | 142.91% | - | 443.02% | - | 330.79% | 236.61% | 216.13% |
| Dividend per Share 2 | - | - | - | - | - | - | - | - |
| Announcement Date | 2/13/19 | 2/25/20 | 2/24/21 | 2/23/22 | 2/28/23 | 1/15/24 | - | - |
1MXN in Million2MXN
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 974.4 | 966.4 | 980.5 | 963 | 974 | 1,141 | 1,126 | 1,095 | 1,040 | 1,154 |
| EBITDA 1 | 681 | 702 | 184 | 708 | 627 | 608 | 330 | 680 | 786 | 813 |
| EBIT | 766.6 | 974.6 | -8.935 | - | - | - | - | - | - | - |
| Operating Margin | 78.67% | 100.85% | -0.91% | - | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 484.5 | 262.2 | -854.1 | - | - | - | - | - | - | - |
| Net income 1 | 588.5 | -38.91 | -177.6 | - | - | - | - | - | - | 236.3 |
| Net margin | 60.39% | -4.03% | -18.11% | - | - | - | - | - | - | 20.48% |
| EPS | 1.000 | -0.0259 | -0.1200 | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/28/21 | 10/26/21 | 2/23/22 | 4/26/22 | 7/22/22 | 10/27/22 | 2/28/23 | 5/2/23 | 7/27/23 | 10/25/23 |
1MXN in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 20,939 | 22,622 | 26,408 | 3,333 | 28,770 | 26,521 | 26,456 | 26,312 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 5.219 x | 6.643 x | 8.982 x | 1.441 x | 12.66 x | 8.792 x | 7.265 x | 5.83 x |
| Free Cash Flow 1 | -699 | 3,430 | -665 | 790 | - | 2,538 | 2,518 | 2,952 |
| ROE (net income / shareholders' equity) | 23.6% | 9.74% | -0.32% | 0.68% | -0.62% | 6.35% | 3.75% | 6.51% |
| ROA (Net income/ Total Assets) | 8.1% | 4.87% | -0.11% | 0.24% | - | 2.25% | 3.6% | 3.9% |
| Assets 1 | 59,842 | 49,287 | 72,149 | 74,862 | - | 76,069 | 29,561 | 35,022 |
| Book Value Per Share 2 | 14.20 | 17.10 | 17.20 | 17.40 | 17.40 | 22.10 | 19.30 | 22.90 |
| Cash Flow per Share 2 | 1.080 | 2.290 | 1.120 | 1.350 | - | -0.0500 | - | - |
| Capex 1 | 2,354 | 213 | 2,340 | 1,233 | - | 754 | 757 | 780 |
| Capex / Sales | 41.39% | 3.68% | 51.99% | 31.9% | - | 15.74% | 15.02% | 13.27% |
| Announcement Date | 2/13/19 | 2/25/20 | 2/24/21 | 2/23/22 | 2/28/23 | 1/15/24 | - | - |
1MXN in Million2MXN
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
Sell
Buy
Mean consensus
HOLD
Number of Analysts
2
Last Close Price
2.36
MXN
Average target price
3.2
MXN
Spread / Average Target
+35.59%
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +2.61% | 206M | |
| +36.16% | 27.94B | |
| -13.74% | 26.97B | |
| +25.00% | 26.95B | |
| -0.71% | 25.32B | |
| +44.49% | 22.58B | |
| +2.78% | 19.59B | |
| +1.45% | 19.52B | |
| +28.54% | 16.23B | |
| -14.80% | 14.98B |
- Stock Market
- Equities
- GICSA B Stock
- Financials Grupo Gicsa S.A.B. de C.V.
