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Grupo ModeloB de CV (FRA:G4V) Net Income : €578.9 Mil (TTM As of Jun. 2015)


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What is Grupo ModeloB de CV Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Grupo ModeloB de CV's Net Income for the three months ended in Jun. 2015 was €151.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2015 was €578.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Grupo ModeloB de CV's Earnings per Share (Diluted) for the three months ended in Jun. 2015 was €0.03.


Grupo ModeloB de CV Net Income Historical Data

The historical data trend for Grupo ModeloB de CV's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Grupo ModeloB de CV Net Income Chart

Grupo ModeloB de CV Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 953.81 644.22 725.57 2,703.66 477.20

Grupo ModeloB de CV Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.70 134.59 139.47 153.24 151.58

Grupo ModeloB de CV Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Grupo ModeloB de CV's Net Income for the fiscal year that ended in Dec. 2014 is calculated as

Net Income(A: Dec. 2014 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=622.311+-145.114+0+0
=477.2

Grupo ModeloB de CV's Net Income for the quarter that ended in Jun. 2015 is calculated as

Net Income(Q: Jun. 2015 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=196.264+-44.679+0+-0.0010000000000048
=151.6

Net Income for the trailing twelve months (TTM) ended in Jun. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was €578.9 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Grupo ModeloB de CV  (FRA:G4V) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Grupo ModeloB de CV's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2015 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Grupo ModeloB de CV Net Income Related Terms

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Grupo ModeloB de CV (FRA:G4V) Business Description

Traded in Other Exchanges
N/A
Address
Javier Barris Sierra No. 555, Col. Zedec Santa Fe, Mexico DF, MEX, 01210
Grupo Modelo SAB de CV is engaged in production, distribution, and marketing of beer. The company brews and distributes brands, including Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports eight brands and has a presence in more than 180 countries. The global portfolio includes Budweiser, Bud Light, Bud Light Platinum, Bud Light Ritas, Stella Artois, Michelob Ultra and O'Doul's non-alcoholic beer, produced by Anheuser-Busch InBev. Through a strategic alliance with Nestlé Waters, it distributes the brands of bottled water Sta. María and Nestlé Pureza Vital in Mexico.

Grupo ModeloB de CV (FRA:G4V) Headlines

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