Added to YB: 2024-09-25
Pitch date: 2024-09-23
GISSAA.MX [neutral]
Grupo Industrial Saltillo, S.A.B. de C.V.
-29.04%
current return
Author Info
Bos Invest is a Dutch investor using fundamental analysis and a total return approach. Sign up for their newsletter.
Company Info
Grupo Industrial Saltillo, S.A.B. de C.V. engages in the design, manufacture, wholesale, and marketing of products for automotive, construction, and houseware industries in Mexico, Europe, and Asia.
Market Cap
MXN 292.9M
Pitch Price
MXN 18.25
Price Target
N/A
Dividend
8.99%
EV/EBITDA
4.48
P/E
-21.57
EV/Sales
0.54
Sector
Automobile Components
Category
N/A
Real estate at 0.12x book & interesting financial companies. Mexico part 9. - Grupo Industrial Saltillo SAB de CV
GISSAA.MX hard pass: Auto parts, housewares maker. 20B peso assets, 9.6B equity, 6B mkt cap, 2.6B net debt. Loss-making since 2020. High capex, cyclical industry, tough 2024 outlook. No clear competitive edge. Unsustainable dividend. Divested ceramic tile biz in 2022 to reduce debt.
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