CUERVO MM

Becle SAB de CV

Consumer


Presented:01/16/2024
Price:MX$31.16
Cap:$7.45B
Current Price:MX$28.85
Cap:$6.89B

Presented

Date01/16/2024
PriceMX$31.16
Market Cap$7.45B
Ent Value$11.49B
P/E Ratio26.99x
Book ValueMX$15.59
Div Yield1.58%
Shares O/S3,591.18M
Ave Daily Vol2,423,869
Short IntN/A

Current

PriceMX$28.85
Market Cap$6.89B
Becle, S.A.B. de C.V. is a alcoholic beverage producing company. It is engaged in the manufacturing, distribution, export, import, bottling, and marketing of distilled alcoholic and non-alcoholic beverages including tequila, whiskey, and rum. The company was founded in 1758 and is headquartered in Mexico City.

Publicly traded companies mentioned herein: Becle SAB de CV (CUERVO MM)

Highlights

The presenter is long shares of Becle SAB de CV (CUERVO MM) based on the assumption that prices of agave, the main raw material for tequila production, have likely peaked and that the company will see continued growth with better margins going forward. The presenter anticipates gross margins moving back to 60% in 2025 vs projections of 55% that should result in EBITDA above the street for 80% upside in the stock. 

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Idea Discussion

Commentor 1 - 2 weeks ago

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