Added to YB: 2022-09-21
Pitch date: 2022-09-21
AGUA.MX [bullish]
Grupo Rotoplas S.A.B. de C.V.
Author Info
No bio for this author
Company Info
Grupo Rotoplas S.A.B. de C.V., together with its subsidiaries, manufactures, purchases, sells, and installs plastic containers and accessories for storage, conduction, and improvement solutions in Mexico, Argentina, the United States, and internationally.
Market Cap
MXN 6.7B
Pitch Price
N/A
Price Target
N/A
Dividend
1.79%
EV/EBITDA
8.07
P/E
-49.76
EV/Sales
0.97
Sector
Building Products
Category
growth
Rotoplas: A Mexican Industrial Giant In The Making
AGUA.MX: Mexican water equipment leader at M$28, flat since 2014 IPO despite surging margins from post-2019 'flow' self-improvement program. Guides double revenue by 2025, 20% ROIC, ~M$3 EPS. At 25-30x = M$75-100, potential triple in 36mo. 1.5x debt/EBITDA, green bond to 2027. Housing recovery, US expansion, ESG ETF inflows as catalysts. Downside floored by ~1 peso pre-Covid EPS.
Read full article (9 min)