Consorcio ARA, S. A. B. de C. V. (CNRFF)

Consorcio ARA, S. A. B. de C. V. (CNRFF) — VMCI valuation read

Headline read on CNRFF: VMCI of 61/100 versus a Consumer Cyclical sector median of 50. The 11-point above-median position is what makes Consorcio ARA, S. A. B. de C. V. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on CNRFF: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on CNRFF: value (CNRFF trades at 23.0x earnings, 28% above the Consumer Cyclical median of 18.0x), quality (ROIC of 19.0% sits 9.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of 0.0x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

CNRFF rose 1.4% over the trailing 7 days, with a -6.8% read on a 30-day basis.