Becle. de (CUERVO *) Stock Overview
Manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
CUERVO * Community Fair Values
Create NarrativeSee what 13 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
Becle, S.A.B. de C.V. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | Mex$15.34 |
| 52 Week High | Mex$25.29 |
| 52 Week Low | Mex$13.07 |
| Beta | 0.26 |
| 1 Month Change | 2.33% |
| 3 Month Change | 9.03% |
| 1 Year Change | -35.27% |
| 3 Year Change | -65.77% |
| 5 Year Change | -69.07% |
| Change since IPO | -56.93% |
Recent News & Updates
Narrative Update • Jul 08
CUERVO *: Trimmed Earnings Outlook Will Pressure Margins Despite Upcoming Dividend
Analysts have trimmed their fair value estimate for Becle to MX$11.50 from MX$17.00, reflecting updated views on growth, margins and valuation after recent price target cuts, such as the MX$2 reduction highlighted in Street research. What’s in the News for Becle Becle, S.A.B. de C.V. announced an annual dividend of MX$0.5446 per share.
Narrative Update • Jun 24
CUERVO *: Dividend Support Will Offset Softer Outlook And Sustain Future Appeal
Analysts have trimmed their MX$ price target on Becle by MX$0.45 to reflect updated assumptions for slightly softer revenue growth, profit margins, and valuation multiples. What's in the News for Becle Becle, S.A.B. de C.V. announced an annual dividend of MX$0.5446 per share.Recent updates
Narrative Update • Jul 08
CUERVO *: Trimmed Earnings Outlook Will Pressure Margins Despite Upcoming Dividend
Analysts have trimmed their fair value estimate for Becle to MX$11.50 from MX$17.00, reflecting updated views on growth, margins and valuation after recent price target cuts, such as the MX$2 reduction highlighted in Street research. What’s in the News for Becle Becle, S.A.B. de C.V. announced an annual dividend of MX$0.5446 per share.Narrative Update • Jun 24
CUERVO *: Dividend Support Will Offset Softer Outlook And Sustain Future Appeal
Analysts have trimmed their MX$ price target on Becle by MX$0.45 to reflect updated assumptions for slightly softer revenue growth, profit margins, and valuation multiples. What's in the News for Becle Becle, S.A.B. de C.V. announced an annual dividend of MX$0.5446 per share.
Narrative Update • Jun 10
CUERVO *: Dividend Support And Lowered Multiple Will Drive Future Upside Repricing
Analysts have trimmed their fair value estimate for Becle from MX$34.00 to about MX$32.76, reflecting updated assumptions around future P/E, revenue growth and profit margins following recent price target reductions, such as the MX$2 cut cited by Barclays. What's in the News Becle, S.A.B. de C.V. announced an annual dividend of MX$0.5446 per share, according to a company event filing.Narrative Update • May 27
CUERVO *: Reset Expectations And Dividend Support Will Drive Future Share Appeal
Analysts have trimmed their fair value estimate for Becle from MX$27.80 to about MX$20.06, reflecting lower price targets and a more cautious view on Mexican consumers. Analyst Commentary Bullish Takeaways Bullish analysts still see room for value if the stock trades closer to the revised MX$19 to MX$20 range, which they view as more aligned with current demand conditions in Mexico.Narrative Update • May 08
CUERVO *: Cautious Consumer Reset Will Support Future Upside Repricing Potential
Narrative Update on Becle The updated analyst price target for Becle now stands at MX$19, a MX$7 reduction from the prior MX$26 level, as analysts point to a still cautious Mexico consumer backdrop and adjust their expectations accordingly. Analyst Commentary Recent Street research around Becle has centered on the reset of expectations to a MX$19 price target, with commentary framed around a cautious Mexico consumer backdrop.Narrative Update • Apr 21
CUERVO *: Cautious Mexico Consumer Reset Will Support Future Repricing Potential
Analyst price targets on Becle have been adjusted lower from MX$26 to MX$19, with the change linked mainly to a more cautious stance on the Mexican consumer and related demand expectations. Analyst Commentary Recent research points to a more cautious stance on Becle, with the rating moved to Equal Weight and the price target adjusted to MX$19 from MX$26.Narrative Update • Apr 07
CUERVO *: Cautious Consumer Backdrop Will Test Margins And Execution
Analysts have adjusted the fair value estimate for Becle to MX$17 from MX$19, reflecting lower assumed revenue growth and profit margins, along with a slightly higher future P/E multiple. This follows recent research that highlights a cautious view on the Mexican consumer and notes a reduced Street price target of MX$19.Narrative Update • Mar 23
CUERVO *: Cautious Consumer Reset Will Support Future Repricing Potential
Analysts have reduced their MX$ price target for Becle, trimming it by MX$7 to MX$19 as they factor in a still cautious Mexican consumer backdrop in their updated assumptions. Analyst Commentary Recent research reflects a more cautious stance on Becle, with the latest price target set at MX$19, trimmed from MX$26, as analysts factor in a still cautious Mexican consumer.Narrative Update • Mar 09
CUERVO *: Higher Margins Are Expected To Outweigh A Still Cautious Consumer
The analyst price target for Becle has been reduced by MX$3, from MX$22 to MX$19, as analysts factor in a still cautious Mexican consumer and apply a lower future P/E assumption, despite slightly higher modeled revenue growth and profit margins. Analyst Commentary Bearish analysts are leaning more cautious on Becle, with recent research pointing to a tougher consumer backdrop in Mexico and a reassessment of what investors might be willing to pay for the stock through the cycle.Narrative Update • Feb 23
CUERVO *: Revised P/E And Margin Assumptions Will Support Upside Potential
Analysts have reduced their price target on Becle to MX$34.00. The adjustment is primarily linked to updated assumptions around revenue growth, profit margins, and expected P/E levels.Narrative Update • Feb 08
CUERVO *: Future P/E Repricing Will Support A More Optimistic Outlook
Analysts have reduced their fair value estimate for Becle to €34.0 from €37.0, citing more moderate revenue growth assumptions and slightly higher discount rates, partly offset by a small uplift in projected profit margins and future P/E expectations. Valuation Changes Fair Value: Trimmed from €37.0 to €34.0, reflecting a modest reduction in the central valuation anchor.Narrative Update • Jan 25
CUERVO *: Higher Profit Margins Will Support Future Share Price Strength
Analysts have modestly revised their price target for Becle. de to reflect unchanged fair value at €27.80, slightly adjusted revenue growth and discount rate assumptions, and a small move in projected profit margin and future P/E.Analysis Article • Jan 15
Returns On Capital At Becle. de (BMV:CUERVO) Have Stalled
What are the early trends we should look for to identify a stock that could multiply in value over the long term...Narrative Update • Jan 10
CUERVO *: Future Profitability Assumptions Will Offset More Cautious Market Multiple
Analysts have trimmed their price target for Becle from €23.00 to €22.00, reflecting updated assumptions that combine higher projected revenue growth and profit margins with a more conservative future P/E and a slightly higher discount rate. Valuation Changes Fair Value: Trimmed slightly from €23.00 to €22.00 per share.Analysis Article • Dec 31
We Think Becle. de (BMV:CUERVO) Can Stay On Top Of Its Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Dec 26
CUERVO * Higher Profit Margins Will Support Future Share Price Strength
Analysts have slightly reduced their price target on Becle, de. to about $27.80 per share.Narrative Update • Dec 12
CUERVO *: Higher Profit Margins Will Support Future Share Price Strength
Analysts have adjusted their price target on Becle, de slightly lower to approximately $27.89 from about $27.98. This reflects modestly higher long-term discount assumptions that partially offset incremental improvements in expected revenue growth, profit margins, and future valuation multiples.Narrative Update • Nov 27
CUERVO *: Higher Margins Will Support Future Share Price Strength
Analysts have slightly lowered their fair value target for Becle, decreasing it from $28.62 to $27.98. This reflects adjustments based on updated estimates for revenue growth and profit margins.Analysis Article • Nov 24
Is Becle, S.A.B. de C.V. (BMV:CUERVO) Expensive For A Reason? A Look At Its Intrinsic Value
Key Insights The projected fair value for Becle. de is Mex$16.21 based on 2 Stage Free Cash Flow to Equity Current...Analysis Article • Nov 06
Becle, S.A.B. de C.V. (BMV:CUERVO) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Becle, S.A.B. de C.V. ( BMV:CUERVO ) shareholders would be excited to see that the share price has had a great month...Analysis Article • Oct 17
Becle. de (BMV:CUERVO) Hasn't Managed To Accelerate Its Returns
There are a few key trends to look for if we want to identify the next multi-bagger. One common approach is to try and...Analysis Article • Sep 07
Some Confidence Is Lacking In Becle, S.A.B. de C.V.'s (BMV:CUERVO) P/E
With a median price-to-earnings (or "P/E") ratio of close to 12x in Mexico, you could be forgiven for feeling...Narrative Update • Aug 27
Premium Spirits Demand And Digital Adoption Will Drive Global Expansion
Analysts have lowered Becle’s price target to MX$28.62, citing diminished catalysts following the materialization of the tariff-related thesis and more attractive growth opportunities elsewhere in the sector. Analyst Commentary Tariff-related trading thesis on Cuervo has mostly materialized, reducing expected future catalysts.Analysis Article • Jul 09
Becle. de (BMV:CUERVO) Has A Pretty Healthy Balance Sheet
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Analysis Article • May 25
Becle. de (BMV:CUERVO) Might Have The Makings Of A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Analysis Article • May 03
Becle, S.A.B. de C.V. (BMV:CUERVO) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Last week saw the newest first-quarter earnings release from Becle, S.A.B. de C.V. ( BMV:CUERVO ), an important...Analysis Article • Apr 22
Earnings Tell The Story For Becle, S.A.B. de C.V. (BMV:CUERVO) As Its Stock Soars 26%
Becle, S.A.B. de C.V. ( BMV:CUERVO ) shares have had a really impressive month, gaining 26% after a shaky period...Analysis Article • Apr 07
Is Becle. de (BMV:CUERVO) Using Too Much Debt?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Mar 02
Analysts Have Been Trimming Their Becle, S.A.B. de C.V. (BMV:CUERVO) Price Target After Its Latest Report
There's been a notable change in appetite for Becle, S.A.B. de C.V. ( BMV:CUERVO ) shares in the week since its...Analysis Article • Feb 15
Becle, S.A.B. de C.V.'s (BMV:CUERVO) Popularity With Investors Is Clear
Becle, S.A.B. de C.V.'s ( BMV:CUERVO ) price-to-earnings (or "P/E") ratio of 15.7x might make it look like a sell right...Analysis Article • Jan 27
Becle, S.A.B. de C.V. (BMV:CUERVO) Shares Could Be 27% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Becle. de fair value estimate is Mex$26.15 Becle. de's...Analysis Article • Dec 22
Returns On Capital At Becle. de (BMV:CUERVO) Have Hit The Brakes
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...
New Narrative • Dec 14
Global Expansion Of Premium Tequila And Whiskey Will Drive Earnings Growth And Margin Expansion
Becle's premiumization strategy and decreased agave costs are expected to boost sales growth and improve net margins.Analysis Article • Nov 16
Does Becle. de (BMV:CUERVO) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Analysis Article • Oct 27
Becle, S.A.B. de C.V. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Shareholders might have noticed that Becle, S.A.B. de C.V. ( BMV:CUERVO ) filed its quarterly result this time last...Analysis Article • Oct 22
Becle, S.A.B. de C.V. (BMV:CUERVO) Shares Could Be 25% Below Their Intrinsic Value Estimate
Key Insights Using the 2 Stage Free Cash Flow to Equity, Becle. de fair value estimate is Mex$39.15 Becle. de's...Analysis Article • Oct 04
What You Can Learn From Becle, S.A.B. de C.V.'s (BMV:CUERVO) P/E
When close to half the companies in Mexico have price-to-earnings ratios (or "P/E's") below 12x, you may consider...Analysis Article • Sep 15
Returns On Capital At Becle. de (BMV:CUERVO) Have Stalled
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want...Analysis Article • Jun 29
Becle, S.A.B. de C.V. (BMV:CUERVO) Not Flying Under The Radar
Becle, S.A.B. de C.V.'s ( BMV:CUERVO ) price-to-earnings (or "P/E") ratio of 26.4x might make it look like a strong...Analysis Article • Jun 11
Becle. de (BMV:CUERVO) Has A Somewhat Strained Balance Sheet
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • May 21
Becle. de (BMV:CUERVO) Has More To Do To Multiply In Value Going Forward
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...Analysis Article • Apr 28
Results: Becle, S.A.B. de C.V. Exceeded Expectations And The Consensus Has Updated Its Estimates
It's been a good week for Becle, S.A.B. de C.V. ( BMV:CUERVO ) shareholders, because the company has just released its...Analysis Article • Apr 10
A Look At The Fair Value Of Becle, S.A.B. de C.V. (BMV:CUERVO)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Becle. de fair value estimate is Mex$31.43 Current share price...Analysis Article • Mar 05
Investors Appear Satisfied With Becle, S.A.B. de C.V.'s (BMV:CUERVO) Prospects As Shares Rocket 26%
Becle, S.A.B. de C.V. ( BMV:CUERVO ) shareholders have had their patience rewarded with a 26% share price jump in the...Analysis Article • Jan 27
These 4 Measures Indicate That Becle. de (BMV:CUERVO) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Analysis Article • Jan 09
Slowing Rates Of Return At Becle. de (BMV:CUERVO) Leave Little Room For Excitement
What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...Analysis Article • Dec 19
With Becle, S.A.B. de C.V. (BMV:CUERVO) It Looks Like You'll Get What You Pay For
Becle, S.A.B. de C.V.'s ( BMV:CUERVO ) price-to-earnings (or "P/E") ratio of 28.3x might make it look like a strong...Analysis Article • Dec 01
Estimating The Intrinsic Value Of Becle, S.A.B. de C.V. (BMV:CUERVO)
Key Insights Using the 2 Stage Free Cash Flow to Equity, Becle. de fair value estimate is Mex$29.25 With Mex$29.46...Shareholder Returns
| CUERVO * | MX Beverage | MX Market | |
|---|---|---|---|
| 7D | 6.2% | -1.0% | 0.002% |
| 1Y | -35.3% | 19.3% | 16.5% |
Return vs Industry: CUERVO * underperformed the MX Beverage industry which returned 18.9% over the past year.
Return vs Market: CUERVO * underperformed the MX Market which returned 15.2% over the past year.
Price Volatility
| CUERVO * volatility | |
|---|---|
| CUERVO * Average Weekly Movement | 3.2% |
| Beverage Industry Average Movement | 4.0% |
| Market Average Movement | 3.5% |
| 10% most volatile stocks in MX Market | 5.5% |
| 10% least volatile stocks in MX Market | 2.4% |
Stable Share Price: CUERVO * has not had significant price volatility in the past 3 months compared to the MX market.
Volatility Over Time: CUERVO *'s weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1758 | 7,790 | Juan Beckmann Legorreta | www.becle.com.mx |
Becle, S.A.B. de C.V. manufactures and distributes spirits and other distilled beverages in Mexico, the United States, Canada, and internationally. The company offers tequila, whiskey, vodka, rum, gin, mezcal, ready-to-drink, and non-alcoholic products. It sells its products under the Bushmills, Tequila 1800, Jose Cuervo Especial, Jose Cuervo Tradicional, Jose Cuervo Reserva de la Familia, Gran Centenario, Maestro Dobel, Bushmills Whiskey, Stranahan's Whiskey, Proper No.
Becle, S.A.B. de C.V. Fundamentals Summary
| CUERVO * fundamental statistics | |
|---|---|
| Market cap | Mex$55.09b |
| Earnings (TTM) | Mex$7.28b |
| Revenue (TTM) | Mex$39.27b |
7.6x
P/E Ratio1.4x
P/S RatioIs CUERVO * overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CUERVO * income statement (TTM) | |
|---|---|
| Revenue | Mex$39.27b |
| Cost of Revenue | Mex$18.15b |
| Gross Profit | Mex$21.12b |
| Other Expenses | Mex$13.84b |
| Earnings | Mex$7.28b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
Oct 29, 2026
| Earnings per share (EPS) | 2.03 |
| Gross Margin | 53.78% |
| Net Profit Margin | 18.53% |
| Debt/Equity Ratio | 27.1% |
How did CUERVO * perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield25%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/29 12:09 |
| End of Day Share Price | 2026/07/28 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Becle, S.A.B. de C.V. is covered by 16 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Antonio Hernandez Velez Leija | Actinver Case de Bolsa, S.A. de C.V. |
| Benjamin Theurer | Barclays |
| Trevor Stirling | Bernstein |