G

Grupo Minsa SAB de CV
BMV:MINSAB

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Grupo Minsa SAB de CV
BMV:MINSAB
Watchlist
Price: 10.39 MXN Market Closed
Market Cap: 3.6B MXN
Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Income Statement

Revenue
+
3Y
+25%
5Y
+92%
10Y
+80%
Operating Income
+
3Y
+673%
5Y
+409%
10Y
+77%
Net Income
+
3Y
+455%
5Y
+159%
10Y
+26%

Earnings Waterfall
Grupo Minsa SAB de CV

Revenue
9.9B MXN
Cost of Revenue
-4.3B MXN
Gross Profit
5.6B MXN
Operating Expenses
-4.8B MXN
Operating Income
848.6m MXN
Other Expenses
-426.8m MXN
Net Income
421.8m MXN

Income Statement
Grupo Minsa SAB de CV

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Income Statement
Currency: MXN
Dec-2002 Mar-2003 Jun-2003 Sep-2003 Dec-2003 Mar-2004 Jun-2004 Sep-2004 Dec-2004 Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025
Revenue
Interest Expense
80
56
87
82
114
80
78
88
122
133
115
98
93
68
67
65
51
53
62
85
87
100
103
100
111
109
108
98
87
82
72
70
65
59
62
62
67
82
94
103
120
110
94
86
63
54
51
44
41
41
42
38
38
37
36
44
41
44
47
49
61
52
59
62
82
86
85
91
94
98
91
88
82
71
74
62
61
71
87
122
168
214
258
285
642
367
356
326
532
0
0
Revenue
2 039
N/A
2 112
+4%
2 100
-1%
2 149
+2%
2 213
+3%
2 261
+2%
2 318
+3%
2 291
-1%
2 231
-3%
2 191
-2%
2 195
+0%
2 253
+3%
2 307
+2%
2 352
+2%
2 414
+3%
2 468
+2%
2 552
+3%
2 685
+5%
2 799
+4%
3 158
+13%
3 403
+8%
3 548
+4%
3 806
+7%
3 946
+4%
4 167
+6%
4 432
+6%
4 620
+4%
4 660
+1%
4 519
-3%
4 390
-3%
4 209
-4%
4 162
-1%
4 239
+2%
4 339
+2%
4 493
+4%
4 719
+5%
4 989
+6%
5 153
+3%
5 461
+6%
5 626
+3%
5 912
+5%
6 562
+11%
6 730
+3%
1 635
-76%
0
N/A
(572)
N/A
(745)
-30%
4 239
N/A
5 545
+31%
5 525
0%
5 493
-1%
5 493
+0%
5 539
+1%
5 545
+0%
5 566
+0%
5 564
0%
4 138
-26%
3 741
-10%
3 259
-13%
2 893
-11%
3 955
+37%
4 012
+1%
4 249
+6%
4 393
+3%
4 479
+2%
4 582
+2%
4 555
-1%
4 599
+1%
4 834
+5%
4 978
+3%
5 155
+4%
5 173
+0%
5 154
0%
5 087
-1%
5 223
+3%
5 434
+4%
5 735
+6%
6 114
+7%
7 921
+30%
8 349
+5%
7 153
-14%
9 136
+28%
7 531
-18%
7 477
-1%
9 139
+22%
7 022
-23%
7 033
+0%
7 003
0%
8 904
+27%
9 293
+4%
9 906
+7%
Gross Profit
Cost of Revenue
(1 583)
(1 678)
(1 667)
(1 726)
(1 765)
(1 789)
(1 835)
(1 795)
(1 742)
(1 683)
(1 676)
(1 695)
(1 710)
(1 728)
(1 759)
(1 803)
(1 863)
(2 017)
(2 172)
(2 455)
(2 635)
(2 707)
(2 875)
(3 014)
(3 242)
(3 455)
(3 648)
(3 701)
(3 578)
(3 484)
(3 266)
(3 191)
(3 230)
(3 265)
(3 386)
(3 571)
(3 774)
(3 939)
(4 243)
(4 417)
(4 760)
(5 374)
(5 488)
0
0
(2 279)
(2 104)
(3 147)
(4 094)
(4 114)
(4 103)
(4 187)
(4 393)
(4 454)
(4 523)
(4 509)
(3 307)
(2 995)
(2 582)
(2 286)
(3 114)
(3 143)
(3 300)
(3 397)
(3 432)
(3 516)
(3 478)
(3 524)
(3 704)
(3 775)
(3 883)
(3 870)
(3 876)
(3 837)
(4 020)
(4 228)
(4 508)
(4 883)
(6 411)
(6 833)
(5 937)
(7 475)
(6 132)
(5 916)
(5 447)
(5 262)
(5 144)
(5 088)
(5 037)
(4 270)
(4 302)
Gross Profit
457
N/A
434
-5%
433
0%
423
-2%
449
+6%
472
+5%
483
+2%
496
+3%
490
-1%
509
+4%
519
+2%
558
+7%
596
+7%
624
+5%
656
+5%
666
+2%
689
+4%
667
-3%
628
-6%
704
+12%
768
+9%
841
+10%
932
+11%
932
+0%
925
-1%
978
+6%
973
-1%
959
-1%
940
-2%
906
-4%
944
+4%
971
+3%
1 009
+4%
1 073
+6%
1 106
+3%
1 149
+4%
1 216
+6%
1 214
0%
1 217
+0%
1 209
-1%
1 152
-5%
1 188
+3%
1 243
+5%
0
N/A
0
N/A
720
N/A
722
+0%
1 092
+51%
1 451
+33%
1 411
-3%
1 390
-1%
1 306
-6%
1 146
-12%
1 092
-5%
1 043
-4%
1 056
+1%
831
-21%
747
-10%
678
-9%
606
-11%
841
+39%
869
+3%
948
+9%
996
+5%
1 046
+5%
1 066
+2%
1 077
+1%
1 075
0%
1 130
+5%
1 203
+6%
1 273
+6%
1 303
+2%
1 278
-2%
1 251
-2%
1 204
-4%
1 206
+0%
1 227
+2%
1 231
+0%
1 511
+23%
1 516
+0%
1 216
-20%
1 661
+37%
1 399
-16%
1 561
+12%
3 691
+136%
1 759
-52%
1 889
+7%
1 914
+1%
3 867
+102%
5 023
+30%
5 604
+12%
Operating Income
Operating Expenses
(461)
(470)
(470)
(469)
(462)
(462)
(453)
(495)
(429)
(64)
(409)
(438)
(454)
(464)
(471)
(467)
(484)
(497)
(501)
(519)
(556)
(569)
(586)
(607)
(596)
(631)
(644)
(617)
(616)
(609)
(604)
(613)
(611)
(632)
(654)
(683)
(746)
(778)
(812)
(828)
(826)
(841)
(861)
0
0
(446)
(439)
(664)
(898)
(895)
(912)
(905)
(878)
(837)
(801)
(808)
(598)
(555)
(532)
(515)
(715)
(778)
(850)
(886)
(900)
(964)
(957)
(970)
(1 010)
(1 054)
(1 106)
(1 095)
(1 035)
(1 049)
(1 027)
(1 069)
(1 053)
(1 087)
(1 401)
(1 441)
(1 160)
(1 656)
(1 448)
(1 509)
(3 188)
(1 483)
(1 480)
(1 472)
(3 127)
(4 262)
(4 755)
Selling, General & Administrative
(461)
(459)
(470)
(469)
(462)
(462)
(453)
(439)
(429)
(419)
(421)
(438)
(454)
(464)
(471)
(467)
(484)
(497)
(501)
(519)
(556)
(569)
(585)
(607)
(596)
(610)
(623)
(617)
(616)
(609)
(604)
(613)
(623)
(634)
(656)
(688)
(718)
(778)
(818)
(837)
(804)
(846)
(862)
0
0
(451)
(448)
(678)
(889)
(915)
(926)
(928)
(858)
(848)
(827)
(815)
(618)
(593)
(546)
(520)
(677)
(705)
(769)
(802)
(852)
(887)
(867)
(875)
(935)
(971)
(1 018)
(1 008)
(975)
(949)
(921)
(937)
(939)
(982)
(1 260)
(1 328)
(1 120)
(1 431)
(1 235)
(1 264)
(2 884)
(1 317)
(1 362)
(1 393)
(2 517)
(4 152)
(4 659)
Depreciation & Amortization
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(27)
0
0
0
(24)
0
0
0
0
0
0
0
(22)
0
0
0
(24)
0
0
0
(17)
0
0
0
(34)
(8)
(17)
(29)
(38)
(41)
(54)
(63)
(54)
(57)
(48)
(46)
(65)
(106)
(142)
(172)
(128)
(151)
(174)
(134)
(40)
(213)
(205)
(242)
(208)
(158)
(107)
(80)
(615)
0
0
Other Operating Expenses
0
(11)
0
0
0
0
0
(56)
0
355
12
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(21)
(21)
0
0
0
0
0
12
2
3
5
0
0
6
9
2
4
2
0
0
6
9
14
12
20
14
23
4
11
26
7
37
39
14
5
(3)
(65)
(63)
(55)
(9)
(36)
(36)
(32)
(20)
(26)
(40)
(41)
5
5
36
40
14
46
33
20
(1)
(12)
(8)
(2)
(97)
(7)
(10)
1
4
(110)
(96)
Operating Income
(4)
N/A
(36)
-728%
(37)
-4%
(47)
-26%
(13)
+71%
10
N/A
30
+196%
0
-99%
61
+15 025%
444
+635%
110
-75%
120
+9%
142
+19%
160
+13%
184
+15%
199
+8%
205
+3%
170
-17%
127
-26%
185
+46%
212
+15%
273
+28%
346
+27%
325
-6%
329
+1%
347
+6%
329
-5%
341
+4%
324
-5%
297
-8%
340
+14%
358
+6%
398
+11%
442
+11%
452
+2%
466
+3%
470
+1%
437
-7%
406
-7%
381
-6%
326
-14%
347
+6%
382
+10%
57
-85%
0
N/A
42
N/A
51
+22%
428
+744%
552
+29%
516
-7%
479
-7%
401
-16%
268
-33%
255
-5%
243
-5%
248
+2%
234
-6%
192
-18%
146
-24%
91
-37%
126
+38%
91
-27%
99
+8%
110
+12%
147
+33%
101
-31%
121
+19%
105
-13%
120
+15%
149
+24%
167
+12%
208
+25%
243
+17%
202
-17%
176
-13%
137
-22%
174
+27%
144
-17%
110
-24%
75
-32%
56
-25%
5
-90%
(49)
N/A
52
N/A
503
+861%
276
-45%
410
+48%
442
+8%
740
+67%
761
+3%
849
+11%
Pre-Tax Income
Interest Income Expense
(140)
(131)
(83)
(116)
(145)
(164)
(181)
(119)
(80)
(91)
(35)
(48)
(58)
(50)
(66)
(54)
(50)
(48)
(47)
(72)
(76)
(81)
(91)
(109)
(97)
(201)
(181)
(157)
(77)
(48)
(61)
(50)
(49)
(59)
(58)
(90)
(74)
(68)
(87)
(63)
(106)
(106)
(72)
0
0
(4)
(12)
(20)
(15)
(16)
(2)
5
3
(3)
(16)
(33)
(10)
11
(47)
(75)
(87)
(149)
18
109
197
194
120
70
(56)
(5)
(34)
(38)
(16)
(12)
(14)
(5)
(14)
(26)
(57)
(90)
(110)
(166)
(203)
(241)
(343)
(262)
(252)
(214)
(287)
(323)
(365)
Non-Reccuring Items
21
24
14
20
(78)
(424)
(71)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(21)
0
0
(21)
0
0
0
0
1
0
0
0
1
0
0
0
6
0
0
0
0
0
0
0
6
0
0
0
13
0
0
0
(8)
0
0
0
(10)
0
0
0
(22)
0
0
0
(19)
0
0
0
(3)
0
0
0
(2)
0
0
0
(3)
0
0
0
(0)
0
0
0
(8)
0
0
Gain/Loss on Disposition of Assets
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Total Other Income
(49)
(49)
(49)
(49)
0
0
0
(14)
(17)
330
337
358
448
101
95
88
0
0
0
0
0
0
0
0
(91)
3
3
3
11
7
7
7
0
(6)
(6)
(6)
0
(0)
(0)
(0)
0
(0)
(2)
0
0
233
233
0
0
0
0
0
0
0
0
0
0
(0)
(0)
(2)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(0)
0
0
0
(0)
0
0
0
0
0
0
0
0
18
18
Pre-Tax Income
(172)
N/A
(192)
-12%
(155)
+19%
(191)
-24%
(237)
-24%
(578)
-144%
(222)
+62%
(133)
+40%
(37)
+72%
684
N/A
412
-40%
430
+4%
532
+24%
210
-61%
213
+1%
232
+9%
155
-33%
122
-21%
80
-35%
113
+41%
136
+20%
192
+41%
256
+33%
216
-15%
121
-44%
149
+23%
150
+1%
166
+10%
259
+56%
257
-1%
286
+11%
316
+10%
350
+11%
377
+8%
389
+3%
371
-5%
397
+7%
368
-7%
319
-13%
318
0%
227
-29%
241
+6%
310
+28%
0
N/A
0
N/A
270
N/A
272
+1%
408
+50%
544
+33%
500
-8%
477
-5%
407
-15%
284
-30%
252
-11%
227
-10%
216
-5%
216
+0%
203
-6%
98
-52%
16
-84%
29
+82%
(58)
N/A
117
N/A
219
+87%
322
+47%
295
-8%
241
-18%
174
-28%
45
-74%
144
+217%
133
-8%
170
+28%
224
+32%
190
-15%
162
-15%
132
-19%
157
+19%
117
-25%
53
-55%
(16)
N/A
(57)
-250%
(161)
-184%
(252)
-56%
(188)
+25%
160
N/A
15
-91%
158
+983%
228
+44%
444
+95%
456
+3%
501
+10%
Net Income
Tax Provision
0
16
(15)
1
(31)
(47)
(29)
(125)
(87)
(87)
(88)
8
57
57
57
57
(42)
(42)
(42)
(42)
(32)
(32)
(34)
(40)
(92)
(93)
(96)
(98)
(80)
(98)
(127)
(153)
(105)
(118)
(115)
(108)
(136)
(309)
(314)
(318)
(54)
(55)
(46)
0
0
(60)
(61)
(77)
(134)
(139)
(143)
(186)
(97)
(97)
(88)
(51)
(35)
(24)
(13)
(2)
(37)
(19)
(50)
(44)
(77)
(71)
(28)
(27)
11
4
(5)
(10)
(74)
(69)
(75)
(69)
(18)
(18)
(4)
(2)
63
63
72
73
(0)
80
62
44
(103)
(86)
(80)
Income from Continuing Operations
(172)
(176)
(170)
(190)
(267)
(625)
(252)
(258)
(124)
597
324
438
589
268
270
289
113
80
38
71
103
159
221
176
29
56
54
68
179
159
159
163
245
260
274
262
261
59
6
0
173
187
264
0
0
211
211
331
410
362
334
221
186
155
138
165
181
179
85
14
(8)
(77)
67
175
245
224
213
147
56
148
128
160
150
121
87
63
139
99
49
(18)
6
(98)
(180)
(115)
159
95
220
272
341
371
422
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(1)
(1)
(1)
(0)
0
(2)
(2)
(2)
(2)
0
1
2
3
3
2
1
2
3
8
15
23
33
4
(3)
(10)
0
0
2
0
0
0
0
0
0
0
(10)
(20)
(30)
(30)
(20)
(11)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Net Income (Common)
(266)
N/A
(250)
+6%
(250)
+0%
(254)
-2%
(267)
-5%
(641)
-140%
(600)
+6%
(514)
+14%
(382)
+26%
340
N/A
417
+23%
442
+6%
560
+27%
238
-58%
238
+0%
253
+6%
113
-55%
80
-29%
37
-55%
69
+90%
103
+48%
159
+55%
221
+39%
174
-21%
27
-84%
54
+100%
52
-4%
68
+31%
180
+163%
161
-11%
162
+1%
165
+2%
247
+50%
261
+5%
276
+6%
266
-4%
269
+1%
75
-72%
29
-62%
33
+15%
177
+435%
184
+4%
254
+39%
0
N/A
0
N/A
213
N/A
211
-1%
331
+57%
410
+24%
362
-12%
334
-8%
221
-34%
186
-16%
143
-23%
113
-21%
125
+11%
168
+34%
180
+7%
(21)
N/A
(78)
-273%
75
N/A
536
+616%
800
+49%
903
+13%
672
-26%
121
-82%
109
-9%
48
-56%
91
+91%
183
+101%
163
-11%
194
+19%
150
-23%
121
-19%
87
-28%
90
+3%
166
+85%
127
-24%
76
-40%
(18)
N/A
6
N/A
(98)
N/A
(180)
-84%
(115)
+36%
159
N/A
95
-41%
220
+132%
272
+24%
341
+25%
371
+9%
422
+14%
EPS (Diluted)
-1.36
N/A
-1.28
+6%
-1.27
+1%
-1.3
-2%
-1.38
-6%
-3.3
-139%
-3.05
+8%
-2.64
+13%
-1.96
+26%
0.75
N/A
0.91
+21%
0.98
+8%
1.24
+27%
0.52
-58%
0.52
N/A
0.56
+8%
0.26
-54%
0.18
-31%
0.09
-50%
0.17
+89%
0.24
+41%
0.38
+58%
0.52
+37%
0.41
-21%
0.06
-85%
0.13
+117%
0.13
N/A
0.17
+31%
0.42
+147%
0.39
-7%
0.4
+3%
0.41
+2%
0.6
+46%
0.64
+7%
0.67
+5%
0.64
-4%
0.65
+2%
0.18
-72%
0.07
-61%
0.08
+14%
0.43
+438%
0.45
+5%
0.62
+38%
0
N/A
0
N/A
0.52
N/A
0.52
N/A
0.81
+56%
1
+23%
0.88
-12%
0.81
-8%
0.54
-33%
0.45
-17%
0.36
-20%
0.29
-19%
0.3
+3%
0.41
+37%
0.43
+5%
-0.05
N/A
-0.19
-280%
0.18
N/A
1.3
+622%
1.94
+49%
2.2
+13%
1.63
-26%
0.29
-82%
0.26
-10%
0.11
-58%
0.22
+100%
0.44
+100%
0.39
-11%
0.47
+21%
0.37
-21%
0.3
-19%
0.21
-30%
0.21
N/A
0.4
+90%
0.3
-25%
0.22
-27%
-0.05
N/A
0.02
N/A
-0.28
N/A
-0.52
-86%
-0.33
+37%
0.46
N/A
0.28
-39%
0.64
+129%
0.79
+23%
0.99
+25%
1.08
+9%
1.23
+14%

See Also

Summary
MINSAB intrinsic value, competitors valuation, and company profile.
DCF Valuation
MINSAB stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MINSAB stock valuation using valuation multiples.
Wall Street Estimates
MINSAB price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MINSAB stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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