# Sigma Foods (SIGMAFA.MX)

Canonical: https://gigainvestors.com/s/SIGMAFA.MX

Analysis as of: 2026-10-16T07:37:09.310Z. 

Listing currency: MXN. Reporting currency: MXN.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: MXN 19.09 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

## Price story

Up 70% since Oct 2023

Story as of 2026-10-16T10:01:27.897Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in packaged foods; annual sales are MXN 177.9 billion.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2025-12-31 (filed 2026-10-16T07:37:09.310Z); FY2025: revenue 177854000000; grossProfit 53016000000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SIGMAFA.MX: Sigma Foods, S.A.B. de C.V., a consumer-packaged goods company, produces, markets, and distributes food products in Mexico, the United States, Central and South America, Europe, and internationally. It operates through Sigma and Other segments. The company offers cooked meats comprising hams, sausages, mortadella, and bacon; fresh meat; dry meat consisting of cured meats and salami; dairy products, such as cheese, yogurt, cream, and butter; refrigerated pizzas, prepared meals and food, snacks, plant-based protein products, ready-to-drink coffee, fish, burgers, dry goods, and canned products; other frozen and refrigerated food; and alternative proteins. It sells its products under the Aoste, Bar S, Bernina, Better Balance, Braedt, Camelia, Campofrio, Caroli, Cesar Moroni, Checo, Chen, Chimex, Cochonou, Comnor, Del Prado, Don Diego, El Cazo, Fiorucci, Franja, Fud, Galicia, Grill House by Sigma, Iassa, Ibero, Juris, Justin Bridou, La Chona, La Villita, Laska, Lekkerland, Longmont, Los Altos, Marcassou, Monteverde, Mucho Gusto, Navidul, Nayar, Nobre, Noche Buena, Norteñita, Oscar Mayer, Otto Kunz, Revilla, San Antonio, San Rafael, Sigma Foodservice, Snack'In For You, Sosua, Stegeman, Superior, Supremo, Tangamanga, Tastech by Sigma, Vitta, Viva, Yoplait, Zar, and Zurqui brands. The company was formerly known as Alfa S.A.B. de C.V. and changed its name to Sigma Foods, S.A.B. de C.V. in December 2025. Sigma Foods, S.A.B. de C.V. was incorporated in 1967 and is headquartered in San Pedro Garza García, Mexico.

### Why customers stay

Margins ranged from 29.7% to 31.4% during 2023–25.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2023-12-31 (filed 2026-10-16T07:37:09.310Z); FY2023: grossProfit / revenue = 29.7%.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2024-12-31 (filed 2026-10-16T07:37:09.310Z); FY2024: grossProfit / revenue = 31.4%.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2025-12-31 (filed 2026-10-16T07:37:09.310Z); FY2025: grossProfit / revenue = 29.8%.

### Where the cash goes

Reinvests 37.9% of cash earnings; paid dividends in 5 of 5 years.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2021-12-31 (filed 2026-10-16T07:37:09.310Z); FY2021: growth capex 0; upkeep 9964000000; owner earnings 1827200000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2022-12-31 (filed 2026-10-16T07:37:09.310Z); FY2022: growth capex 0; upkeep 5167000000; cash acquisitions 0; owner earnings 9678200000. Growth capex plus acquisitions / owner earnings = 0.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2025-12-31 (filed 2026-10-16T07:37:09.310Z); FY2025: growth capex 2953000000; upkeep 4774000000; cash acquisitions 0; owner earnings 7797800000. Growth capex plus acquisitions / owner earnings = 0.3786965554387135.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:37:09.310Z); Dividend observations: [[2021,2481000000],[2022,4089000000],[2023,1822000000],[2024,802000000],[2025,2342000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/api/fundamentals/G4L.F.json#2025-12-31 (filed 2026-10-16T07:37:09.310Z); FY2025: cash repurchases 70000000 MXN.

### Are managers owners

Insiders own 77.7% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); SIGMAFA.MX SharesStats.PercentInsiders = 77.742 percentage points; cache date 2026-10-16.

### What the price says

The price is 0.6 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:37:09.310Z); Closing price 19.09 MXN; reporting-to-trading FX 1; FY2025 annual sales per share 31.9965487321574; price multiple 0.5966268474703971. FY2025 cash earnings/share 1.4028511459040391. Closing-price date 2026-10-15.

## Monthly share-price history (MXN per share)

- 2016-10: MXN 26.18 per share

- 2016-11: MXN 24.83 per share

- 2016-12: MXN 23.48 per share

- 2017-01: MXN 24.72 per share

- 2017-02: MXN 23.47 per share

- 2017-03: MXN 25.03 per share

- 2017-04: MXN 23.63 per share

- 2017-05: MXN 24.59 per share

- 2017-06: MXN 23.59 per share

- 2017-07: MXN 22.55 per share

- 2017-08: MXN 22.87 per share

- 2017-09: MXN 21.00 per share

- 2017-10: MXN 18.30 per share

- 2017-11: MXN 18.97 per share

- 2017-12: MXN 19.75 per share

- 2018-01: MXN 21.34 per share

- 2018-02: MXN 20.45 per share

- 2018-03: MXN 21.28 per share

- 2018-04: MXN 21.93 per share

- 2018-05: MXN 18.71 per share

- 2018-06: MXN 21.10 per share

- 2018-07: MXN 23.17 per share

- 2018-08: MXN 22.96 per share

- 2018-09: MXN 22.04 per share

- 2018-10: MXN 19.56 per share

- 2018-11: MXN 18.69 per share

- 2018-12: MXN 21.36 per share

- 2019-01: MXN 21.99 per share

- 2019-02: MXN 20.05 per share

- 2019-03: MXN 18.85 per share

- 2019-04: MXN 17.50 per share

- 2019-05: MXN 16.34 per share

- 2019-06: MXN 17.23 per share

- 2019-07: MXN 15.17 per share

- 2019-08: MXN 15.64 per share

- 2019-09: MXN 15.83 per share

- 2019-10: MXN 15.24 per share

- 2019-11: MXN 14.03 per share

- 2019-12: MXN 14.62 per share

- 2020-01: MXN 12.96 per share

- 2020-02: MXN 11.48 per share

- 2020-03: MXN 5.85 per share

- 2020-04: MXN 9.01 per share

- 2020-05: MXN 10.73 per share

- 2020-06: MXN 11.83 per share

- 2020-07: MXN 11.00 per share

- 2020-08: MXN 12.85 per share

- 2020-09: MXN 12.53 per share

- 2020-10: MXN 12.95 per share

- 2020-11: MXN 14.53 per share

- 2020-12: MXN 13.14 per share

- 2021-01: MXN 11.79 per share

- 2021-02: MXN 10.41 per share

- 2021-03: MXN 10.78 per share

- 2021-04: MXN 12.95 per share

- 2021-05: MXN 12.77 per share

- 2021-06: MXN 13.67 per share

- 2021-07: MXN 13.85 per share

- 2021-08: MXN 12.88 per share

- 2021-09: MXN 13.07 per share

- 2021-10: MXN 13.62 per share

- 2021-11: MXN 14.01 per share

- 2021-12: MXN 13.72 per share

- 2022-01: MXN 13.71 per share

- 2022-02: MXN 14.01 per share

- 2022-03: MXN 13.80 per share

- 2022-04: MXN 12.49 per share

- 2022-05: MXN 13.81 per share

- 2022-06: MXN 13.05 per share

- 2022-07: MXN 12.80 per share

- 2022-08: MXN 11.71 per share

- 2022-09: MXN 11.69 per share

- 2022-10: MXN 12.02 per share

- 2022-11: MXN 12.33 per share

- 2022-12: MXN 11.36 per share

- 2023-01: MXN 12.45 per share

- 2023-02: MXN 10.96 per share

- 2023-03: MXN 10.46 per share

- 2023-04: MXN 10.49 per share

- 2023-05: MXN 10.82 per share

- 2023-06: MXN 10.59 per share

- 2023-07: MXN 10.31 per share

- 2023-08: MXN 11.29 per share

- 2023-09: MXN 11.36 per share

- 2023-10: MXN 11.20 per share

- 2023-11: MXN 12.65 per share

- 2023-12: MXN 13.59 per share

- 2024-01: MXN 13.46 per share

- 2024-02: MXN 12.60 per share

- 2024-03: MXN 12.31 per share

- 2024-04: MXN 12.54 per share

- 2024-05: MXN 11.80 per share

- 2024-06: MXN 10.66 per share

- 2024-07: MXN 10.66 per share

- 2024-08: MXN 11.48 per share

- 2024-09: MXN 15.51 per share

- 2024-10: MXN 14.44 per share

- 2024-11: MXN 15.38 per share

- 2024-12: MXN 15.03 per share

- 2025-01: MXN 16.89 per share

- 2025-02: MXN 17.52 per share

- 2025-03: MXN 12.51 per share

- 2025-04: MXN 14.23 per share

- 2025-05: MXN 15.12 per share

- 2025-06: MXN 13.85 per share

- 2025-07: MXN 13.76 per share

- 2025-08: MXN 14.04 per share

- 2025-09: MXN 14.69 per share

- 2025-10: MXN 14.07 per share

- 2025-11: MXN 14.42 per share

- 2025-12: MXN 15.64 per share

- 2026-01: MXN 15.64 per share

- 2026-02: MXN 15.64 per share

- 2026-03: MXN 15.64 per share

- 2026-04: MXN 16.60 per share

- 2026-05: MXN 16.56 per share

- 2026-06: MXN 16.05 per share

- 2026-07: MXN 17.63 per share

- 2026-08: MXN 18.68 per share

- 2026-09: MXN 17.92 per share

- 2026-10: MXN 19.03 per share

## Annual estimated value (MXN per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.