Added to YB: 2024-09-25
Pitch date: 2024-09-23
GPH1.MX [neutral]
Grupo Palacio de Hierro, S.A.B. de C.V.
Author Info
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Company Info
Grupo Palacio de Hierro, S.A.B. de C.V., together with its subsidiaries, operates department stores in Mexico.
Market Cap
MXN 16.6B
Pitch Price
N/A
Price Target
N/A
Dividend
7.16%
EV/EBITDA
7.56
P/E
6.38
EV/Sales
0.55
Sector
Broadline Retail
Category
value
Real estate at 0.12x book & interesting financial companies. Mexico part 9. - Grupo Palacio de Hierro
GPH1.MX pass: Mexican dept store, 55.7B peso assets, 16.6B market cap, 2B net debt. 2023 profit 2.6B pesos, 7.2% div yield. Controlled by Grupo Bal. Valuable property but difficult to repurpose. Faces online competition. High-end focus requires significant store investment.
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