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Becle SAB de CV
BMV:CUERVO

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Becle SAB de CV Logo
Becle SAB de CV
BMV:CUERVO
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Price: 19.16 MXN 1% Market Closed
Market Cap: Mex$68.8B

Gross Margin

55.6%
Current
Improving
by 2.4%
vs 3-y average of 53.2%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
55.6%
=
Gross Profit
Mex$25B
/
Revenue
Mex$44.9B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
55.6%
=
Gross Profit
Mex$25B
/
Revenue
Mex$44.9B

Peer Comparison

Country Company Market Cap Gross
Margin
MX
Becle SAB de CV
BMV:CUERVO
68.1B MXN
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CN
Kweichow Moutai Co Ltd
SSE:600519
1.9T CNY
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CN
Wuliangye Yibin Co Ltd
SZSE:000858
417.3B CNY
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UK
Diageo PLC
LSE:DGE
39.5B GBP
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ZA
Distell Group Holdings Ltd
JSE:DGH
40.2B ZAR
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CN
Shanxi Xinghuacun Fen Wine Factory Co Ltd
SSE:600809
214.3B CNY
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US
Constellation Brands Inc
NYSE:STZ
28.5B USD
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CN
Luzhou Laojiao Co Ltd
SZSE:000568
180.8B CNY
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FR
Pernod Ricard SA
PAR:RI
20.3B EUR
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US
Brown-Forman Corp
NYSE:BF.B
13.8B USD
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CN
Jiangsu Yanghe Brewery Joint-Stock Co Ltd
SZSE:002304
83.4B CNY
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Market Distribution

Higher than 72% of companies in Mexico
Percentile
72nd
Based on 247 companies
72nd percentile
55.6%
Low
-71.2% — 23.4%
Typical Range
23.4% — 53.6%
High
53.6% — 1 184.7%
Distribution Statistics
Mexico
Min -71.2%
30th Percentile 23.4%
Median 34.9%
70th Percentile 53.6%
Max 1 184.7%

Becle SAB de CV
Glance View

Becle SAB de CV, a company steeped in tradition and ambition, is the heart behind one of the world's most renowned tequila brands, Jose Cuervo. Established in 1758, its roots run deep into the agave fields of Mexico, embodying centuries of craftsmanship and a distinct heritage. Over the years, Becle has transformed itself from a family-run operation into a dynamic public company, all while clinging to its original mission: delivering premium spirits with authenticity and passion. The company is structured through various segments that comprise its diverse product portfolio, ranging from tequila and other spirits to ready-to-drink beverages. Through strategic brand diversification and global distribution networks, Becle extends its reach beyond the traditional tequila heartlands, ensuring a presence in key international markets. Financially, Becle's engine runs on a finely-tuned machinery of production, distribution, and marketing strategies. It controls the entire value chain from cultivating blue agave—a process that takes several years—to distilling and aging its spirits. This vertical integration allows Becle to manage costs meticulously and maintain quality standards that boost their premium positioning. Revenue streams are bolstered by extensive marketing campaigns and strategic partnerships with distributors worldwide, allowing the brand to capture market share in both established and emerging markets. As the global appetite for premium spirits grows, particularly in regions like North America and Europe, Becle continues to solidify its position as a leading player in the spirits industry, blending tradition and modernity in every bottle.

CUERVO Intrinsic Value
27.61 MXN
Undervaluation 31%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
55.6%
=
Gross Profit
Mex$25B
/
Revenue
Mex$44.9B
What is Becle SAB de CV's current Gross Margin?

The current Gross Margin for Becle SAB de CV is 55.6%, which is above its 3-year median of 53.2%.

How has Gross Margin changed over time?

Over the last 3 years, Becle SAB de CV’s Gross Margin has increased from 54.2% to 55.6%. During this period, it reached a low of 50.7% on Dec 31, 2023 and a high of 55.6% on Sep 30, 2025.

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