Pricing Log in Create free account
Saturday 17 October 2026 Export IBA’s income statement to Excel — free account

Industrias Bachoco, S.A. de C.V.

IBA Consumer Defensive Farm Products

Dividend growth for three consecutive years, revenue growth for five.

Market cap
$2.5B
P/E
11.9×
Fwd P/E
8.8×
Dividend yield
—
F-score
7/9
Altman Z
n/a
Beneish M
−2.23
Dividend safety
n/a
Overview Business Profile Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 73.30%

Capital & Financial Ratios $m

Market Cap 2,489.09
Revenue 5,110.60
Net Income 199.87
Free Cash Flow 58.93
Net Debt (1,028.90)
Current Ratio 3.35 (at or above 1.5: strong)
Debt/Equity 0.06 (at or below 0.5: strong)
P/E ratio 11.95
Fwd P/E 8.78
P/S ratio 0.53
P/B ratio 0.90
Past 5Y EPS Growth —
This Y EPS Growth —
Next Y EPS Growth —
Next Y revenue growth 10.36% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2024 Powerpack
2023 Powerpack
2022 0.97
0.48
0.49
2021 0.85
0.42
0.43
2020 0.68
0.33
0.35
2019 0.88
0.44
0.44
2018 0.89
0.45
0.44
2017 0.83
0.41
0.42
2016 0.87
0.45
0.42
special payouts not included in total or ratios

Assets vs Liabilities $m

2020 2021 2022 Q'23
Cash 902 1,021 1,028 1,205
Receivables 205 252 300 331
Inventory 267 314 595 648
Other 97 143 125 147
1,528 1,866 2,048 2,332
2020 2021 2022 Q'23
Payables 270 494 351 371
ST’ Debt 10 74 — —
Other 13 9 — —
384 633 541 697

Compound Annual Growth %

10y 5y 3y
Sales 5.40% 10.50% 16.50%
Cash Flow 5.66% 0.48% 20.43%
Earnings 6.58% 3.75% 23.49%
Book Value 6.47% 7.53% 9.10%

Revenue $m

Mar Jun Sep Dec Year
’26 1,292 1,395 — — —
’22 1,225 1,312 1,215 1,209 5,069
’21 948 1,046 980 1,054 4,028
’20 661 716 827 1,022 3,226
’19 738 879 777 812 3,206
’18 836 816 754 775 3,181
’17 731 833 782 731 3,077
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 9 173 — — —
’22 94 99 29 52 298
’21 46 254 (3) 19 316
’20 105 (22) 72 119 273
’19 (38) 88 19 101 170
’18 72 60 (33) 84 183
’17 36 128 84 43 290
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (45) 123 — — —
’22 51 50 (23) 52 64
’21 19 216 (45) (43) 146
’20 93 (45) 41 76 164
’19 (58) 67 4 54 66
’18 55 38 (65) 53 81
’17 3 102 (112) 187 180
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.53 1.37 — — —
’22 2.17 2.93 0.97 — 6.31
’21 2.06 1.48 0.82 0.63 4.95
’20 1.82 (0.03) 0.75 1.15 3.68
’19 0.31 1.66 1.13 0.26 3.34
’18 1.37 1.58 (0.20) 0.81 3.49
’17 0.70 1.90 1.10 1.50 4.93
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Trend 2023e 2024e 2025e
Price, $
Price, $ Low — — — — — — — — — —

Analyst estimates 2023–2025

Powerpack
High — — — — — — — — — —
People
People Employees — — — 25,725 27,397 27,257 28,218 29,780 32,058 —
Revenue/emp, $m — — — 0.11 0.11 0.12 0.11 0.11 0.13 0.00
Income, $m
Income, $m Revenue — — — 2,788 3,077 3,181 3,206 3,226 4,028 5,069
Gross margin, % — — — 18.04 18.17 15.77 16.38 16.11 16.33 17.04
EBT — — — 300 320 235 227 243 332 415
EBT margin, % — — — 10.75 10.40 7.40 7.07 7.54 8.25 8.18
Net income — — — 212 263 175 168 186 243 415
Depreciation — — — 50 57 65 83 96 89 98
Per share, $
Per share, $ Revenue — — — 55.77 61.53 63.62 64.12 64.55 80.59 101.48
Earnings — — — 3.84 4.93 3.49 3.34 3.68 4.95 6.31
Cash flow — — — 3.23 5.81 3.65 3.41 5.46 6.33 5.96
Capex — — — (2.69) (2.22) (2.03) (2.08) (2.18) (3.40) (4.68)
Free cash flow — — — 0.53 3.59 1.63 1.32 3.28 2.92 1.27
Book value — — — 34.00 37.82 39.77 41.87 41.22 47.63 54.43
Shares, m — — — 50 50 50 50 50 50 50
Valuation, ×
Valuation, × P/E — — — 11.27 11.13 9.99 15.95 13.81 8.53 8.41
P/S — — — 0.85 0.94 0.62 0.81 0.70 0.53 0.51
P/B — — — 1.39 1.53 0.99 1.24 1.10 0.89 0.95
EV/Sales — — — 0.60 0.68 0.35 0.58 0.44 0.30 0.36
EV/FCF — — — 62.65 11.73 13.53 28.27 8.74 8.19 26.00
Cash, $m
Cash, $m Operating cash flow — — — 161 290 183 170 273 316 298
Capex — — — (135) (111) (101) (104) (109) (170) (234)
Free cash flow — — — 27 180 81 66 164 146 64
Balance, $m
Balance, $m Working capital — — — 998 1,007 1,078 1,154 1,145 1,233 1,507
Total debt — — — 140 127 84 267 78 92 154
Net debt — — — (699) (787) (877) (729) (824) (929) (873)
Shareholders’ equity — — — 1,700 1,891 1,988 2,094 2,060 2,380 2,719
Returns, %
Returns, % ROA — — — 8.51 10.29 6.42 5.93 6.55 8.33 9.07
ROIC — — — 16.06 15.87 10.87 9.47 10.20 12.51 14.60
ROE — — — 12.24 14.61 9.00 8.20 8.89 11.25 12.37
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2022 · latest quarter Jun 2023

Charts ten years each

Industrias Bachoco, S.A. de C.V. vs peers in Farm Products (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
TSN Tyson Foods, Inc. $18.6B 32.9× 18.3× −0.12% (below 0%: shrinking) +194.44% (above 0%: growing) −34.29% (below 0%: shrinking) 6.64% 2.61% Compare
CALM Cal-Maine Foods, Inc. $3.0B 51.1× 19.7× −41.51% (below 0%: shrinking) n/m −154.84% (below 0%: shrinking) 0.07% (15.23%) Compare
IBA Industrias Bachoco, S.A. de C.V. $2.5B 11.9× 8.8× +6.31% (above 0%: growing) −53.24% (below 0%: shrinking) +146.11% (above 0%: growing) 18.30% 9.63%
AGRO Adecoagro S.A. $1.5B 30.4× 2.6× +38.98% (above 0%: growing) n/m −5.56% (below 0%: shrinking) 32.92% 17.32% Compare
DMC Del Monte Corporation $1.4B 41.1× 17.0× +3.10% (above 0%: growing) −62.18% (below 0%: shrinking) −70.03% (below 0%: shrinking) 9.95% 2.75% Compare
DOLE Dole PLC $1.3B 21.5× 10.2× +2.92% (above 0%: growing) +170.00% (above 0%: growing) −218.11% (below 0%: shrinking) 7.81% 1.90% Compare
VITL Vital Farms, Inc. $367.1M — (loss-making) — (loss-making) −10.14% (below 0%: shrinking) n/m −521.68% (below 0%: shrinking) 6.58% (24.18%) Compare
LND Brasilagro Cia Brasileira De Propriedades Agricolas $356.6M 1,385× 7.5× −17.41% (below 0%: shrinking) n/m +30.61% (above 0%: growing) 16.11% 13.32% Compare
AFRI Forafric Global PLC $319.5M — (loss-making) — — n/m −1,812.63% (below 0%: shrinking) 9.61% 0.00% Compare
Median of peers $1.3B 37.0× 13.6× −0.12% +170.00% −112.43% 8.71% 2.26%

All 25 Farm Products stocks →

Industrias Bachoco, S.A. de C.V. (IBA) key facts

  • Industrias Bachoco, S.A. de C.V. (IBA) is a Farm Products company in the Consumer Defensive sector, traded in the US as an ADR.
  • Return on equity was 12.4% and debt-to-equity 0.06.
  • Its Piotroski F-score is 7 out of 9 for fiscal 2022.

Source: company filings (standardised) and stockrow calculations.

Industrias Bachoco, S.A. de C.V. (IBA) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/IBA · Data as of Jun 30, 2023 · For information only; not investment advice. · © 2026 stockrow.com