Added to YB: 2024-10-28
Pitch date: 2024-10-25
LACOMER UBC.MX [neutral]
La Comer, S.A.B. de C.V.
+14.4%
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
La Comer, S.A.B. de C.V., together with its subsidiaries, operates a chain of self-service stores in Mexico.
Market Cap
MXN 39.7B
Pitch Price
MXN 35.80
Price Target
N/A
Dividend
0.75%
EV/EBITDA
8.85
P/E
17.26
EV/Sales
0.92
Sector
Consumer Staples Distribution and Retail
Category
growth
Emerging market subsidiary for hefty discount - LACOMER UBC.MX
LACOMER.MX (potentially overvalued): Upscale Mexican grocer, 84 stores, 2016-2023 op income 416M to 2.579B Ps. 62% owned real estate (21B Ps) possibly undervalued. Bet on rising Mexican affluence, but high-end strategy uncertain. 17x TTM P/E expensive for retail. Consider Chedraui instead.
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