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Alsea S.A.B. de C.V (ALSEA) Fair Value & Analysis

Consumer Cyclical · MX · Market cap 35.3B MXN (≈ $2.1B) · ISIN MXP001391012

What is Alsea S.A.B. de C.V really worth?

AS Alsea S.A.B. de C.V ALSEA · MX
Price42.83 MXN
Fair Value93.25 MXN
Upside+117.7%
Quality64/100

A solid business, trading 54% below our fair value of 93.25 MXN.

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Strengths

Healthy Growth (revenue 5y +17.3 %/yr)
Ranks above peers (11/15)

Risks

!Thin margins · 2.5% net margin
!High debt · generates free cash flow
!Moderate moat 53/100
!Weak on future: 2 out of 100
!Weak on dividend: 22 out of 100
Evidence: High Range 54.60 MXN – 131.90 MXN

Fair value as of: Aug 27, 2026

From 26 valuation models · updated 9 days ago

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price is below even our cautious bear case (54.60 MXN). The market is more pessimistic than our downside scenario.
  • Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (54.60 MXN to 131.90 MXN) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

77.31 MXN 29.34 MXN Fair Value 93.25 MXN May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 29.34 MXN – 77.31 MXN · fair‑value band 54.60 MXN – 131.90 MXN · the 42.83 MXN price screens below the 93.25 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

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Analysis

Alsea S.A.B. de C.V (ALSEA) currently trades at 42.83 MXN, while our model-based Fair Value estimate is 93.25 MXN, implying the stock looks roughly 54.1% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of 210.06 MXN per share, and 22 of the 26 models we run sit above the 42.83 MXN price. Bear case: the Economic Profit group reads lowest at 27.68 MXN, and 4 of the 26 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, Alsea S.A.B. de C.V generated revenue of 85.4B MXN at a net margin of 2.5%. Revenue grew 0.3% year over year. It earns a return on equity of 25.4%. Net debt stands at 28.3B MXN. Fundamentals as of Aug 27, 2026

Our scenario range runs from 54.60 MXN (bear case) to 131.90 MXN (bull case); at 42.83 MXN, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 30% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −47% fair-value upside, at 118%, ALSEA screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 2.04 MXN per share, which is 2.2 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF 159.49 MXN 313.81 MXN 684.91 MXN 74
EPV 71.53 MXN 86.41 MXN 99.44 MXN 74
Growth DCF 154.97 MXN 330.28 MXN 605.54 MXN 74
All 26 models by family
DCF Models
FCF DCF 159.49 MXN 313.81 MXN 684.91 MXN 74
Owner Earnings 96.40 MXN 212.82 MXN 434.78 MXN 71
5Y Revenue Exit 99.72 MXN 189.68 MXN 314.74 MXN 70
5Y EBITDA Exit 171.33 MXN 347.66 MXN 580.72 MXN 72
5Y P/E Exit 66.39 MXN 116.15 MXN 173.24 MXN 70
10Y Revenue Exit 114.28 MXN 210.06 MXN 365.30 MXN 64
10Y EBITDA Exit 166.49 MXN 330.48 MXN 603.35 MXN 65
10Y P/E Exit 94.90 MXN 154.01 MXN 238.66 MXN 63
Earnings-Based
Graham-Dodd 19.09 MXN 109.81 MXN 152.73 MXN 63
Lynch FV 30.96 MXN 44.22 MXN 57.49 MXN 61
PEG = 1.0 30.96 MXN 44.22 MXN 57.49 MXN 57
EPV 71.53 MXN 86.41 MXN 99.44 MXN 74
Dividend Discount
Gordon GGM 4.96 MXN 10.31 MXN 16.35 MXN 66
DDM Multi-Stage 4.96 MXN 8.69 MXN 10.82 MXN 66
Multiples
P/E Multiple 46.33 MXN 61.77 MXN 77.21 MXN 63
P/S Multiple 35.80 MXN 47.73 MXN 59.66 MXN 58
P/B Multiple 33.01 MXN 44.02 MXN 55.02 MXN 55
EV/EBIT 124.97 MXN 172.55 MXN 220.12 MXN 66
EV/EBITDA 186.94 MXN 255.18 MXN 323.41 MXN 67
EV/Revenue 72.43 MXN 111.08 MXN 149.73 MXN 53
Asset-Based
NCAV (Graham) 5.50 MXN 7.37 MXN 11.00 MXN 54
Growth DCF
Growth DCF 154.97 MXN 330.28 MXN 605.54 MXN 74
Rev-Margin DCF 99.72 MXN 187.24 MXN 308.67 MXN 70
Economic Profit
Residual Income 19.69 MXN 27.68 MXN 194.33 MXN 64
ROIC Compounder 86.89 MXN 125.17 MXN 175.39 MXN 71
Growth Earnings
Growth-Adj P/E 46.89 MXN 66.98 MXN 87.08 MXN 67

Widest divergence: DCF Models (210.06 MXN) versus Asset-Based (7.37 MXN). Highest evidence: FCF DCF (74).

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Key figures & financial health

P/E ratio 16.8
P/S ratio 0.44 P/E × margin
EPS (TTM) 2.55 MXN price ÷ EPS = P/E 16.8
Dividend yield 1.1% payout 18.3%
Net margin 2.6% FY2025
Return on equity 25.4% TTM
More key figures
Profitability
Return on assets (EBIT) 8.7% avg 5y
Operating margin 8.2% TTM
Growth
Revenue (TTM) 85.4B MXN TTM
Revenue growth (YoY) +0.3% 3y avg +7.4%
EPS growth (YoY) −60.7%
Balance sheet & cash flow
Free cash flow 10.0B MXN FY2025
Net debt 28.3B MXN FY2025 · ≈ 2.8 yrs of FCF

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 60 · Market factors (momentum, volatility) 36

Profitability 64
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 68
Earnings quality: real cash, not paper profit
Fin. Strength 11
Balance sheet, leverage, solvency risk
Investment 85
Disciplined investing over empire-building
Low Volatility 87
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 91
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Alsea, S.A.B. de C.V. operates restaurants in Latin America and Europe. It operates fast food, coffee shops, casual food, and family restaurants under the Domino's Pizza, Starbucks, Burger King, Chili's, PF Chang's, Italianni's, The Cheesecake Factory, Vips, Foster's Hollywood, Archies, Ginos, Vips, Ole Mole, and Clay Hear brands.

Full company description

Alsea, S.A.B. de C.V. operates restaurants in Latin America and Europe. It operates fast food, coffee shops, casual food, and family restaurants under the Domino's Pizza, Starbucks, Burger King, Chili's, PF Chang's, Italianni's, The Cheesecake Factory, Vips, Foster's Hollywood, Archies, Ginos, Vips, Ole Mole, and Clay Hear brands. The company was incorporated in 1997 and is headquartered in Mexico City, Mexico.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alsea S.A.B. de C.V reported revenue of 85.4B MXN in FY2025 versus 53.4B MXN in FY2021, a compound +12.5%/yr. Reported net income was 2.2B MXN in FY2025, compounding +27.9%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
85.4B MXN
Latest YoY
+8.1%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.4%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+17.3%
Avg. revenue growth/yr (25Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+16.0%
Value creation/yr (5Y, in MXN) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in MXN: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+22.6% (21.5 + 1.1)
Revenue +12.5%/yr
FY21 53.4B MXN
FY22 68.8B MXN
FY23 74.8B MXN
FY24 79.0B MXN
FY25 85.4B MXN
Net income +27.9%/yr
FY21 835M MXN
FY22 1.7B MXN
FY23 3.0B MXN
FY24 768M MXN
FY25 2.2B MXN

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Cite: Fair Value Calculator (2026). "Alsea S.A.B. de C.V Fair Value". https://www.fairvalue-calculator.com/stock/ALSEA

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

Restaurants · 220 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 64 · Top 25%
Fair Value upside +118% · Top 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 2% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 0% · Below median
Dividend yield (TTM) 1.1% · Bottom 25%
Debt / equity 2.26× · Higher than 75% of peers

Valuation Multiples vs Restaurants median · lower = cheaper

P/E (TTM) 16.8× · Cheaper than median
P/B 4.04× · Pricier than 75% of peers
P/S (TTM) 0.41× · Cheaper than median
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 3.7× · Cheaper than 75% of peers
PEG 0.99× · Cheaper than 75% of peers

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 26
FUTURE2 · sector 18
PAST100 · sector 16
HEALTH0 · sector 97
DIVIDEND22 · sector 67

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Restaurants stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
McDonald's Corporation MCD $260.06 $149.03 −43%
Starbucks Corporation SBUX $107.26 $35.83 −67%
Chipotle Mexican Grill, Inc CMG $38.03 $17.92 −53%
Yum! Brands, Inc YUM $153.31 $58.17 −62%
Restaurant Brands International Inc QSR C$104.50 C$36.37 −65%
Darden Restaurants, Inc DRI $218.86 $173.68 −21%
Yum China Holdings YUMC $47.18 $54.27 +15%
Texas Roadhouse, Inc TXRH $198.99 $104.89 −47%
Dutch Bros Inc BROS $51.02 $12.80 −75%
Domino's Pizza, Inc DPZ $332.06 $227.31 −32%

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Frequently asked questions

Is Alsea S.A.B. de C.V (ALSEA) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 93.25 MXN versus a price of 42.83 MXN, about +118% upside (undervalued).
What is the fair value of ALSEA?
Our model-based fair value for Alsea S.A.B. de C.V is 93.25 MXN (as of Aug 27, 2026), built from audited fundamentals. The current price: 42.83 MXN.
What is the quality score of ALSEA?
Alsea S.A.B. de C.V has a Quality Score of 64/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Alsea S.A.B. de C.V (ALSEA)?
Alsea S.A.B. de C.V reported trailing-twelve-month revenue of about 85.4B MXN (latest available figure, as of Aug 27, 2026).
What is the net profit margin of ALSEA?
The net profit margin of Alsea S.A.B. de C.V is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.
Does Alsea S.A.B. de C.V pay a dividend?
Alsea S.A.B. de C.V currently shows a dividend yield of about 1.09% relative to its recent price (as of Aug 27, 2026).
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