Added to YB: 2024-10-28
Pitch date: 2024-10-25
ICHB.MX [neutral]
Industrias CH, S. A. B. de C. V.
Author Info
Bos Invest is a Dutch investor using fundamental analysis and a total return approach. Sign up for their newsletter.
Company Info
Industrias CH, S. A. B. de C. V., through its subsidiaries, engages in the production and processing of steel in Mexico and North America.
Market Cap
MXN 76.3B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.45
P/E
10.69
EV/Sales
1.51
Sector
Metals and Mining
Category
N/A
First Mexican special situation & buying emerging market subsidiary for hefty discount instead of premium - Industrias CH, S. A. B. de C. V.
ICHB.MX pass: Steel conglomerate trading at 1.65x book value. Owns 76.2% of Grupo Simec. 2023 net income 3.8B Ps. Concerns: competitive industry, poor capital returns, high fixed costs, and Brazil expansion. Better to buy Simec directly if interested.
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