GTMAYOTCDeep Sea Foreign Transportation of FreightFiscal year ends December 31
GRUPO TMM SAB
Financials through fiscal 2024, year ended Dec 31, 2024Last filing: 20-F on Sep 11, 2026
$3.28+0.00 (0.00%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2024
Gross margin
8.9%+10.4 pts over 5 years
Operating margin
12.1%−2.3 pts over 5 years
Net margin
6.5%+4.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2024
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +43.9% | +9.1% | +3.5% | – | |
| Operating income | +479.6% | – | -0.0% | – | |
| Net income | +467.0% | – | +29.0% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2015 | FY2019 | FY2024 | Trend |
|---|---|---|---|---|
| Return on equity | – | 1.4% | 5.7% | |
| Return on assets | – | 0.8% | 3.2% | |
| Current ratio | – | 1.45 | 1.12 | |
| Debt to equity | – | 0.11 | 0.23 | |
| Net debt to EBITDA | – | -1.01× | – | |
| Interest coverage | 0.6× | 1.8× | 2.2× | |
| Inventory turnover | – | 25.5× | 41.4× | |
| Capex to revenue | 3.1% | 3.3% | 26.8% | |
| Diluted shares | 102M | 102M | 175M |
Where the cash went
Fiscal 2020 to 2024, five years combined
Grupo Tmm Sab generated 833.14M MXN from operations and spent 729.88M MXN on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
833.14M MXN
Used
729.88M MXN
Capital expenditure729.88M MXN100%Dividends0 MXN0%Share buybacks0 MXN0%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin6.5%
×Asset turnover0.48×
×Equity multiplier1.80×
=Return on equity, FY20245.7%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2024 | 6.5% | 0.48× | 1.80× | 5.7% |
| FY2023 | 1.7% | 0.36× | 1.82× | 1.1% |
| FY2022 | 0.2% | 0.47× | 2.03× | 0.2% |
| FY2021 | -17.9% | 0.35× | 1.94× | -12.2% |
| FY2020 | -33.1% | 0.28× | 1.88× | -17.4% |
| FY2019 | 2.2% | 0.35× | 1.87× | 1.4% |
| FY2018 | 1.2% | 0.39× | 1.87× | 0.9% |
| FY2017 | 53.9% | 0.31× | 5.25× | 86.8% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2024 against fiscal 2023
7of 9 tests passed in fiscal 2024. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero114.49M MXN
- Cash generatingOperating cash flow above zero240.57M MXN
- Return on assets improvedROA up on the prior year0.6% → 3.5%
- Earnings backed by cashOperating cash flow above net income240.57M MXN vs 114.49M MXN
- Less leverageLong-term debt to assets fell0.4% → 9.4%
- Better liquidityCurrent ratio rose0.91 → 1.12
- No dilutionShare count did not rise119M → 175M
- Gross margin improvedGross margin up on the prior year-2.39% → 8.92%
- More efficientAsset turnover rose0.35 → 0.54