Simply Wall St flags a 23.60 percent discount for Becle stock

Published on 10/13/2026 at 12:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Simply Wall St estimated MXN 18.47 on October 12, 2026. Becle stock was EUR 0.70 on October 13, 2026, with EUR 0.68 bid.

Simply Wall St estimated Becle at a 23.60 percent discount to fair value on October 12, 2026.
Second-quarter 2026 revenue fell 13.90 percent to MXN 9.87 billion and net income fell 29.60 percent to MXN 1.41 billion.
Becle stock was trading at EUR 0.70 at Lang & Schwarz on October 13, 2026, at 12:32 p.m. CEST.
Becle is listed on the BMV under ticker CUERVO.MX and is scheduled to report third-quarter results on October 29, 2026.

Becle (Jose Cuervo), MX01CU010003, Illustration mit AI erstellt.

Becle (ISIN MX01CU010003) was flagged at a 23.60 percent estimated discount to fair value by Simply Wall St on October 12, 2026. Becle stock was trading at EUR 0.70 at Lang & Schwarz on October 13, 2026 at 12:32 p.m. CEST, with a EUR 0.68 bid and EUR 0.72 ask.

Chronology in three dated steps

On September 21, 2026, Expansion reported that first-quarter 2026 sales had fallen 23.10 percent year over year and net income had dropped 66.50 percent. On September 22, 2026, Momento Corporativo detailed second-quarter revenue of MXN 9.87 billion, down 13.90 percent year over year. On October 12, 2026, Simply Wall St placed estimated fair value at MXN 18.47 against a reference price of MXN 14.10.

What does the valuation imply?

The MXN 18.47 estimate implies a 23.60 percent discount in the Simply Wall St analysis, but its operating figures point to a recovery case rather than a completed turnaround. The same analysis cited MXN 39.27 billion in alcoholic-beverage revenue and a MXN 50.64 billion market capitalization, both tied to its Becle assessment.

Second-quarter pressure persists

According to Momento Corporativo on September 22, 2026, Becle's second-quarter net income was MXN 1.41 billion, 29.60 percent below MXN 2.01 billion a year earlier. The report also put EBITDA at MXN 2.06 billion, down 23.40 percent, while the EBITDA margin declined from 23.40 percent to 20.90 percent.

The pressure was concentrated in North America. Momento Corporativo reported that United States and Canada sales fell 20.50 percent to MXN 5.34 billion in the second quarter, while Mexico achieved 5.00 percent organic sales growth. The contrast makes distribution execution and regional demand the central operating variables for the valuation.

October 29 results date

Momento Corporativo identified October 29, 2026 as Becle's next confirmed reporting date for third-quarter results. The company describes itself as a spirits producer and distributor with more than 30 brands sold in more than 85 countries, including Jose Cuervo, 1800 and Maestro Dobel, according to its Becle website.

Stock stays near its yearly low

Becle's BMV quote was MXN 14.30 on October 12, 2026, versus a 52-week range of MXN 13.07 to MXN 25.29. The further course of trading is shown by the continuously updated real-time quote of Becle Jose Cuervo stock.