Gruma SAB de CV
BMV:GRUMAB

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Gruma SAB de CV Logo
Gruma SAB de CV
BMV:GRUMAB
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Price: 297.06 MXN 1.09% Market Closed
Market Cap: Mex$101.7B

GRUMAB's latest stock split occurred on Apr 29, 2008

The company executed a 1708-for-1691 stock split, meaning that for every 1691 shares held, investors received 1708 new shares.

The adjusted shares began trading on Apr 29, 2008. This was GRUMAB's 4th stock split, following the previous one in May 17, 1999.

Last Splits:
Apr 29, 2008
1708-for-1691
May 17, 1999
2502-for-2461
May 8, 1998
2500-for-2459
May 6, 1997
51-for-50
Pre-Split Price
N/A
Post-Split Price
66.8293
Before
After
Last Splits:
Apr 29, 2008
1708-for-1691
May 17, 1999
2502-for-2461
May 8, 1998
2500-for-2459
May 6, 1997
51-for-50

Gruma SAB de CV
Stock Splits History

GRUMAB Stock Splits Timeline
Apr 29, 2008
Apr 29, 2008
Split 1708-for-1691
x1.010053222945
Pre-Split Price
N/A
Post-Split Price
66.8293
Before
After
May 17, 1999
May 17, 1999
Split 2502-for-2461
x1.0166598943519
Pre-Split Price
N/A
Post-Split Price
66.8293
Before
After
May 8, 1998
May 8, 1998
Split 2500-for-2459
x1.0166734444896
Pre-Split Price
N/A
Post-Split Price
66.8293
Before
After
May 6, 1997
May 6, 1997
Split 51-for-50
x1.02
Pre-Split Price
N/A
Post-Split Price
66.8293
Before
After

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Gruma SAB de CV
Glance View

Market Cap
101.7B MXN
Industry
Food Products

In the bustling landscape of global food production, Gruma SAB de CV stands out as a trailblazer in the realm of corn flour and tortilla manufacturing. Founded in 1949 in Monterrey, Mexico, the company embarked on its journey with a simple yet ambitious mission: to provide high-quality, ready-to-use corn flour to simplify the tortilla-making process, a Mexican staple. Over the decades, Gruma flourished under this mission, leveraging innovation and efficiency to transform the traditional process into a more accessible and commercially viable business. This approach enabled the company to not only dominate the Mexican market but also expand its reach internationally, thereby solidifying its position as a key player in the food industry. Central to Gruma's success is its vertically integrated business model, which ensures tight control over its supply chain—from sourcing raw materials to production and distribution. Their core products, such as packaged corn flour and ready-to-eat tortillas, cater to both individual consumers and foodservice businesses. By ensuring consistent quality and tapping into the rising global demand for convenient and authentic cuisine, Gruma generates substantial revenues. Its strategic expansion into diverse markets, including the United States and Europe, capitalizes on the global appetite for Mexican food. This wide geographical footprint not only diversifies its revenue streams but also buffers the company against regional economic fluctuations. Thus, Gruma’s business model not only reimagines traditional culinary staples but ensures they are lucrative, scalable offerings in today's global food economy.

GRUMAB Intrinsic Value
416.28 MXN
Undervaluation 29%
Intrinsic Value
Price Mex$297.06
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