Professional
Added to YB: 2024-11-18
Pitch date: 2024-11-13
ALFAA.MX [bullish]
Alfa S.A.B. de C.V.
Author Info
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Company Info
Alfa S.A.B. de C.V., together with its subsidiaries, engages in the petrochemical and synthetic fiber and refrigerated food businesses in Mexico.
Market Cap
MXN 88.3B
Pitch Price
N/A
Price Target
24.00
Dividend
1.29%
EV/EBITDA
8.96
P/E
-65.80
EV/Sales
0.91
Sector
Industrial Conglomerates
Category
special_situation
Silver Ring Value Partners Portfolio Holding: Alfa S.A.B. de C.V.
ALFAA.MX: Corporate reorg accelerating Alpek spinoff via $400M rights offering at 10.75 pesos. Strong Q3, Alpek rebounding, Sigma exceeding expectations. Spin-off approved, expected 2025. Stock up 50% but still ~50% below est. intrinsic value. Low-tax spin due to Alpek's depressed price. Holding through separation.
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