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Grupo Elektra. de

BMV:ELEKTRA *
Snowflake Description

Adequate balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ELEKTRA *
BMV
MX$318B
Market Cap
  1. Home
  2. MX
  3. Banks
Company description

Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. The last earnings update was 41 days ago. More info.


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ELEKTRA * Share Price and Events
7 Day Returns
2.4%
BMV:ELEKTRA *
-2.4%
MX Banks
-2.5%
MX Market
1 Year Returns
34.3%
BMV:ELEKTRA *
-28.4%
MX Banks
-22.1%
MX Market
ELEKTRA * Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Grupo Elektra. de (ELEKTRA *) 2.4% 5.4% -0.8% 34.3% 119.5% 246.9%
MX Banks -2.4% -23.7% -30.3% -28.4% -6.2% 14.3%
MX Market -2.5% -17.6% -22.1% -22.1% -26.2% -20.9%
1 Year Return vs Industry and Market
  • ELEKTRA * outperformed the Banks industry which returned -28.4% over the past year.
  • ELEKTRA * outperformed the Market in Mexico which returned -22.1% over the past year.
Price Volatility
ELEKTRA *
Industry
5yr Volatility vs Market

ELEKTRA * Value

 Is Grupo Elektra. de undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Grupo Elektra. de to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Grupo Elektra. de.

BMV:ELEKTRA * Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= MX$310.41 * 22.3%
MX$69.16
Book Value of Equity per Share Median Book Value from the past 5 years. MX$310.41
Discount Rate (Cost of Equity) See below 14.3%
Perpetual Growth Rate 10-Year MX Government Bond Rate 8.8%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BMV:ELEKTRA *
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year MX Govt Bond Rate 8.8%
Equity Risk Premium S&P Global 7%
Banks Unlevered Beta Simply Wall St/ S&P Global 0.48
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.479 (1 + (1- 30%) (64.26%))
0.795
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.78% + (0.8 * 6.96%)
14.35%

Discounted Cash Flow Calculation for BMV:ELEKTRA * using Excess Returns Model Model

The calculations below outline how an intrinsic value for Grupo Elektra. de is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BMV:ELEKTRA * Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (22.3% – 14.35%) * MX$310.41)
MX$24.62
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= MX$24.62 / (14.35% - 8.78%)
MX$442.20
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= MX$310.41 + MX$442.20
MX$752.61
BMV:ELEKTRA * Discount to Share Price
Calculation Result
Value per share (MXN) From above. MX$752.61
Current discount Discount to share price of MX$1,388.80
= -1 x (MX$1,388.80 - MX$752.61) / MX$752.61
-84.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Grupo Elektra. de is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Grupo Elektra. de's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Grupo Elektra. de's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BMV:ELEKTRA * PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in MXN MX$70.00
BMV:ELEKTRA * Share Price ** BMV (2020-04-03) in MXN MX$1388.8
Mexico Banks Industry PE Ratio Median Figure of 7 Publicly-Listed Banks Companies 4.83x
Mexico Market PE Ratio Median Figure of 100 Publicly-Listed Companies 10.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Grupo Elektra. de.

BMV:ELEKTRA * PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BMV:ELEKTRA * Share Price ÷ EPS (both in MXN)

= 1388.8 ÷ 70.00

19.84x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grupo Elektra. de is overvalued based on earnings compared to the MX Banks industry average.
  • Grupo Elektra. de is overvalued based on earnings compared to the Mexico market.
Price based on expected Growth
Does Grupo Elektra. de's expected growth come at a high price?
Raw Data
BMV:ELEKTRA * PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.84x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Mexico Banks Industry PEG Ratio Median Figure of 5 Publicly-Listed Banks Companies 0.61x
Mexico Market PEG Ratio Median Figure of 60 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Grupo Elektra. de, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Grupo Elektra. de's assets?
Raw Data
BMV:ELEKTRA * PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in MXN MX$427.54
BMV:ELEKTRA * Share Price * BMV (2020-04-03) in MXN MX$1388.8
Mexico Banks Industry PB Ratio Median Figure of 7 Publicly-Listed Banks Companies 0.73x
Mexico Market PB Ratio Median Figure of 123 Publicly-Listed Companies 0.91x
BMV:ELEKTRA * PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BMV:ELEKTRA * Share Price ÷ Book Value per Share (both in MXN)

= 1388.8 ÷ 427.54

3.25x

* Primary Listing of Grupo Elektra. de.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grupo Elektra. de is overvalued based on assets compared to the MX Banks industry average.
X
Value checks
We assess Grupo Elektra. de's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Banks industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Banks industry average (and greater than 0)? (1 check)
  5. Grupo Elektra. de has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ELEKTRA * Future Performance

 How is Grupo Elektra. de expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Grupo Elektra. de has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.2%
Expected Banks industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Grupo Elektra. de expected to grow at an attractive rate?
  • Unable to compare Grupo Elektra. de's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Grupo Elektra. de's earnings growth to the Mexico market average as no estimate data is available.
  • Unable to compare Grupo Elektra. de's revenue growth to the Mexico market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BMV:ELEKTRA * Future Growth Rates Data Sources
Data Point Source Value (per year)
Mexico Banks Industry Earnings Growth Rate Market Cap Weighted Average 8.2%
Mexico Banks Industry Revenue Growth Rate Market Cap Weighted Average 12.9%
Mexico Market Earnings Growth Rate Market Cap Weighted Average 9.5%
Mexico Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BMV:ELEKTRA * Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in MXN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BMV:ELEKTRA * Past Financials Data
Date (Data in MXN Millions) Revenue Cash Flow Net Income *
2019-12-31 69,258 40,434 15,991
2019-09-30 67,789 31,553 20,635
2019-06-30 66,617 31,714 22,820
2019-03-31 65,407 26,966 20,939
2018-12-31 63,397 23,006 15,007
2018-09-30 61,433 32,328 9,836
2018-06-30 59,813 25,698 6,408
2018-03-31 58,518 17,912 9,938
2017-12-31 57,810 13,779 15,707
2017-09-30 56,766 -1,048 17,684
2017-06-30 55,193 -639 15,965
2017-03-31 53,053 -990 8,751

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Grupo Elektra. de is high growth as no earnings estimate data is available.
  • Unable to determine if Grupo Elektra. de is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BMV:ELEKTRA * Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Grupo Elektra. de Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BMV:ELEKTRA * Past Financials Data
Date (Data in MXN Millions) EPS *
2019-12-31 70.00
2019-09-30 88.81
2019-06-30 98.38
2019-03-31 90.39
2018-12-31 64.87
2018-09-30 43.19
2018-06-30 27.99
2018-03-31 43.19
2017-12-31 67.90
2017-09-30 77.09
2017-06-30 69.31
2017-03-31 37.76

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Grupo Elektra. de will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Grupo Elektra. de's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Grupo Elektra. de's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Banks companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Grupo Elektra. de's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Mexico market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Mexico market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Grupo Elektra. de has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ELEKTRA * Past Performance

  How has Grupo Elektra. de performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Grupo Elektra. de's growth in the last year to its industry (Banks).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Grupo Elektra. de has delivered over 20% year on year earnings growth in the past 5 years.
  • Grupo Elektra. de's 1-year earnings growth is less than its 5-year average (6.6% vs 37.8%)
  • Grupo Elektra. de's earnings growth has not exceeded the MX Banks industry average in the past year (6.6% vs 10.6%).
Earnings and Revenue History
Grupo Elektra. de's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Grupo Elektra. de Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BMV:ELEKTRA * Past Revenue, Cash Flow and Net Income Data
Date (Data in MXN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 69,258.24 15,990.81 57,313.15
2019-09-30 67,788.86 20,634.90 55,713.74
2019-06-30 66,616.60 22,819.57 53,287.11
2019-03-31 65,406.53 20,938.94 50,433.96
2018-12-31 63,396.62 15,006.95 48,612.60
2018-09-30 61,433.38 9,835.68 46,603.68
2018-06-30 59,812.51 6,408.38 45,194.38
2018-03-31 58,518.37 9,938.16 43,835.45
2017-12-31 57,809.81 15,706.79 43,252.40
2017-09-30 56,766.34 17,683.57 42,830.47
2017-06-30 55,193.24 15,964.63 42,225.31
2017-03-31 53,052.74 8,751.08 41,082.46
2016-12-31 50,535.59 5,461.81 39,199.39
2016-09-30 43,697.94 3,744.20 37,172.00
2016-06-30 41,982.85 1,311.57 35,737.62
2016-03-31 39,827.95 1.64 35,021.34
2015-12-31 38,243.81 -4,446.56 33,814.78
2015-09-30 41,556.96 1,537.18 33,524.10
2015-06-30 40,862.60 4,526.25 33,121.89
2015-03-31 41,684.01 4,756.64 34,012.13
2014-12-31 41,448.13 7,903.18 34,387.56
2014-09-30 39,269.01 2,757.44 34,217.53
2014-06-30 39,426.83 1,203.68 34,179.61
2014-03-31 39,336.72 906.46 34,570.57
2013-12-31 39,829.52 687.08 34,384.56
2013-09-30 39,976.69 865.82 35,214.77
2013-06-30 40,729.64 2,128.37 35,173.22

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Grupo Elektra. de has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Grupo Elektra. de used its assets more efficiently than the MX Banks industry average last year based on Return on Assets.
  • Unable to establish if Grupo Elektra. de improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Grupo Elektra. de's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Banks industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Grupo Elektra. de has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ELEKTRA * Health

 How is Grupo Elektra. de's financial position? (This company is analysed differently as a bank or financial institution)

This company is a bank or financial institution.

Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Net Worth
Balance sheet
This treemap shows a more detailed breakdown of Grupo Elektra. de's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Grupo Elektra. de Company Filings, last reported 3 months ago.

BMV:ELEKTRA * Past Debt and Equity Data
Date (Data in MXN Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 97,796.75 193,459.57 19,249.80
2019-09-30 97,203.23 194,484.90 21,337.69
2019-06-30 92,182.20 180,149.39 20,268.47
2019-03-31 88,554.86 167,353.30 19,050.74
2018-12-31 84,572.06 30,068.79 47,524.35
2018-09-30 76,921.24 155,135.10 16,484.33
2018-06-30 70,495.97 149,434.50 19,286.80
2018-03-31 64,980.72 132,785.55 17,092.00
2017-12-31 70,216.98 23,944.84 27,653.41
2017-09-30 69,679.55 124,278.75 14,925.58
2017-06-30 66,639.25 122,616.04 15,143.73
2017-03-31 60,650.76 122,284.22 15,367.59
2016-12-31 59,075.71 30,371.50 63,920.78
2016-09-30 55,158.03 126,683.39 16,548.16
2016-06-30 53,296.03 124,617.25 14,946.22
2016-03-31 52,924.08 122,552.68 15,564.63
2015-12-31 51,785.97 25,106.25 74,968.70
2015-09-30 50,490.74 128,391.96 12,237.37
2015-06-30 49,927.07 122,322.50 12,810.78
2015-03-31 50,902.28 126,191.09 14,633.43
2014-12-31 54,887.81 25,255.29 61,997.93
2014-09-30 46,870.77 110,996.71 10,075.12
2014-06-30 44,105.94 107,361.23 12,392.80
2014-03-31 45,485.85 108,624.46 37,600.62
2013-12-31 45,900.07 27,141.19 42,935.55
2013-09-30 44,164.79 101,628.70 7,240.68
2013-06-30 43,467.09 101,910.40 13,054.73
BANK ANALYSIS

This company is a bank or financial institution, which is analysed accordingly below.

Below we check the amount of loans the bank has, how many of those are bad, and its ability to cover any bad loans.
  • Grupo Elektra. de has an acceptable proportion of non-loan assets held.
  • Grupo Elektra. de's liabilities are made up of primarily higher risk sources of funding.
  • Loans at Grupo Elektra. de are broadly funded by customer deposits.
  • Grupo Elektra. de's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
  • Grupo Elektra. de has a sufficient allowance for bad loans.
  • Grupo Elektra. de has a high level of bad loans (greater than 2%).
X
Financial health checks
We assess Grupo Elektra. de's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Grupo Elektra. de has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ELEKTRA * Dividends

 What is Grupo Elektra. de's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0.32%
Current annual income from Grupo Elektra. de dividends.
If you bought MX$2,000 of Grupo Elektra. de shares you are expected to receive MX$6 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Grupo Elektra. de's pays a lower dividend yield than the bottom 25% of dividend payers in Mexico (2.83%).
  • Grupo Elektra. de's dividend is below the markets top 25% of dividend payers in Mexico (8.76%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BMV:ELEKTRA * Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
South America Banks Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 6.8%
Mexico Market Average Dividend Yield Market Cap Weighted Average of 68 Stocks 4.3%
Mexico Minimum Threshold Dividend Yield 10th Percentile 1.4%
Mexico Bottom 25% Dividend Yield 25th Percentile 2.8%
Mexico Top 25% Dividend Yield 75th Percentile 8.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BMV:ELEKTRA * Past Annualized Dividends Data
Date (Data in MX$) Dividend per share (annual) Avg. Yield (%)
2019-10-24 4.400 0.318
2019-04-05 4.400 0.351
2019-02-20 4.400 0.425
2018-04-24 3.500 0.480
2018-03-22 3.500 0.679
2018-02-20 3.500 0.636
2017-04-27 3.200 0.429
2017-02-21 3.200 0.812
2016-04-28 2.500 0.940
2015-04-29 2.400 0.714
2014-04-29 2.300 0.554
2014-04-11 2.300 0.619
2013-04-29 2.200 0.499
2012-04-27 2.000 0.363
2011-06-30 1.800 0.173
2011-01-17 1.800 0.349
2010-06-30 1.600 0.327
2010-01-15 1.600 0.266
2009-10-30 1.500 0.248
2009-06-30 1.500 0.263

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Grupo Elektra. de is not paying a notable dividend for Mexico, therefore no need to check if the payments are stable.
  • Grupo Elektra. de is not paying a notable dividend for Mexico, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Grupo Elektra. de's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Grupo Elektra. de's dividends as it is not paying a notable one for Mexico.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Grupo Elektra. de's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Grupo Elektra. de afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Grupo Elektra. de has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ELEKTRA * Management

 What is the CEO of Grupo Elektra. de's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Christian J. Carstens Álvarez
CEO Bio

Christian J. Carstens Álvarez serves as Chief Executive Officer of Seguros Azteca at Grupo Elektra, S.A.B. de C.V.

CEO Compensation
  • Insufficient data for Christian J. to compare compensation growth.
  • Insufficient data for Christian J. to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure and age of the Grupo Elektra. de management team in years:

12.4
Average Tenure
57
Average Age
  • The average tenure for the Grupo Elektra. de management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ricardo Benjamín Salinas Pliego

TITLE
Executive Chairman
AGE
63
TENURE
27.3 yrs

Manuel Delgado Forey

TITLE
Director of Administration & Finance
AGE
40
TENURE
1.8 yrs

Gabriel Alfonso Roqueñí Rello

TITLE
Chief Legal Officer & Secretary of the Board of Directors
AGE
57

Adriana De La Puente Martínez De Castro

TITLE
Managing Director of Human Resources

Manuel González Palomo

TITLE
Deputy Chief IT Officer
AGE
61

Rodrigo Pliego Abraham

TITLE
Chief Financial Officer of Grupo Salinas
AGE
53
TENURE
12.4 yrs

José Alfredo Galindo Pérez

TITLE
Deputy Chief Executive Officer of Afore Azteca

Christian J. Carstens Álvarez

TITLE
Chief Executive Officer of Seguros Azteca

Eduardo Benigno Parra Ruiz

TITLE
Chief Executive Officer of Afore Azteca

José Abraham Garfias

TITLE
Chief Executive Officer of Punto Casa de Bolsa
Board of Directors Tenure

Average tenure and age of the Grupo Elektra. de board of directors in years:

20.3
Average Tenure
63.5
Average Age
  • The average tenure for the Grupo Elektra. de board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Ricardo Benjamín Salinas Pliego

TITLE
Executive Chairman
AGE
63
TENURE
27.3 yrs

Hugo Salinas Price

TITLE
Honorary Chairman
AGE
87
TENURE
27.3 yrs

Gonzalo Brockmann García

TITLE
Independent Director
AGE
64
TENURE
17.1 yrs

Luis Niño De Rivera Lajous

TITLE
Deputy Chairman of the Board of Directors of Banco Azteca
AGE
72

Roberto Servitje Achutegui

TITLE
Independent Director
AGE
65
TENURE
20.3 yrs

Guillermo E. Salinas Pliego

TITLE
Related Director
AGE
59
TENURE
27.3 yrs

Luis Jorge Echarte Fernández

TITLE
Related Director
AGE
74
TENURE
17.1 yrs

Pedro Padilla Longoria

TITLE
Related Director
AGE
53
TENURE
27.3 yrs

Joaquín Arrangoiz Orvañanos

TITLE
Related Director
AGE
62
TENURE
12.3 yrs

Marcelino Gómez Velasco Y Sanromán

TITLE
Independent Director
AGE
61
TENURE
10.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (MX$) Value (MX$)
X
Management checks
We assess Grupo Elektra. de's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Grupo Elektra. de has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ELEKTRA * News

Simply Wall St News

ELEKTRA * Company Info

Description

Grupo Elektra, S.A.B. de C.V. operates as a financial services and specialty retailing company in Latin America, as well as a short-term non-bank loan provider in the United States. The company's Retail Business segment engages in the sale of motorcycles, cell phones, appliances in general, electronics, furniture, car batteries, computers, mattresses, and fashion goods and accessories. It is also involved in the provision of wire transfers, extended guarantees, airtime, mobile virtual network operation, and long distance services, as well as in the e-commerce activities. Its Financial Business segment provides banking and financial products and services comprising consumer credit, personal loans, commercial loans, savings accounts, term deposits, debit cards, credit cards, life and casualty insurance, retirement fund management options, brokerage and lease-financing services, group and secured loans, and short-term non-bank loans. The company operates 7,269 points of contact, including 4,630 points of contact in Mexico; 2,000 points of contact in the United States; and 639 points of contact in Central and South America. Grupo Elektra, S.A.B. de C.V. was founded in 1950 and is headquartered in Mexico City, Mexico.

Details
Name: Grupo Elektra, S.A.B. de C.V.
ELEKTRA *
Exchange: BMV
Founded: 1950
MX$317,673,646,752
228,739,665
Website: http://www.grupoelektra.com.mx
Address: Grupo Elektra, S.A.B. de C.V.
Periférico Sur 4121,
Col. Fuentes del Pedregal, C.P.,
Mexico City,
Distrito Federal, 14141,
Mexico
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BMV ELEKTRA * Fixed Common Stock Bolsa Mexicana de Valores MX MXN 04. Jan 1999
DB GE7C Fixed Common Stock Deutsche Boerse AG DE EUR 04. Jan 1999
BME XEKT Fixed Common Stock Bolsas y Mercados Espanoles ES EUR 04. Jan 1999
Number of employees
Current staff
Staff numbers
88,883
Grupo Elektra. de employees.
Industry
Diversified Banks
Banks
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/06 18:27
End of day share price update: 2020/04/03 00:00
Last earnings filing: 2020/02/25
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.