Mexican Retail Potentially Undervalued Companies

JD.com

Market Cap: Mex$52.9b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

Best Buy

Market Cap: Mex$13.1b

Offers technology products and solutions in the United States, Canada, and internationally.

PDD Holdings

Market Cap: Mex$131.6b

A multinational commerce group, owns and operates a portfolio of businesses.

MINISO Group Holding

Market Cap: Mex$5.0b

An investment holding company, engages in the retail and wholesale of lifestyle products and pop toy products in China, rest of Asia, the Americas, Europe, Indonesia, and internationally.

Topsports International Holdings

Market Cap: Mex$16.4b

An investment holding company, engages in the trading of sportswear products in the People’s Republic of China.

Macy's

Market Cap: Mex$3.1b

An omni-channel retail organization, operates stores, websites, and mobile applications in the United States.

ODP

Market Cap: Mex$2.0b

Provides business products, services and supplies, and digital workplace technology solutions to small, medium, and enterprise-level businesses in the United States, Puerto Rico, the U.S.

Beyond

Market Cap: Mex$204.2m

Operates as an e-commerce affinity marketing company in the United States and Canada.

LKQ

Market Cap: Mex$10.9b

Engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories.

Ulta Beauty

Market Cap: Mex$16.6b

Operates as a specialty beauty retailer in the United States.

JD.com

Market Cap: Mex$57.3b

Operates as a supply chain-based technology and service provider in the People’s Republic of China.

El Puerto de Liverpool. de

Market Cap: Mex$125.1b

Operates a chain of department stores primarily in Mexico.

Vipshop Holdings

Market Cap: Mex$6.4b

Operates online platforms in the People's Republic of China.

Bath & Body Works

Market Cap: Mex$6.1b

Operates as a specialty retailer of home fragrance, personal and body care, soaps, and sanitizer products.

Wayfair

Market Cap: Mex$4.1b

Engages in the e-commerce business in the United States and internationally.

Kohl's

Market Cap: Mex$748.1m

Operates as an omnichannel retailer in the United States.

El Puerto de Liverpool. de

Market Cap: Mex$125.1b

Operates a chain of department stores primarily in Mexico.

Abercrombie & Fitch

Market Cap: Mex$3.6b

Through its subsidiaries, operates as an omnichannel retailer in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.

Baozun

Market Cap: Mex$195.1m

Through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People's Republic of China.

Petco Health and Wellness Company

Market Cap: Mex$909.7m

Operates as a health and wellness company, focuses on enhancing the lives of pets, pet parents, and its Petco partners in the United States, Mexico, and Puerto Rico.

Victoria's Secret

Market Cap: Mex$1.3b

Operates as a specialty retailer of women’s intimate, and other apparel and beauty products worldwide.

SMCP

Market Cap: Mex$245.8m

Operates as a ready-to-wear and accessories retail company in France and internationally.

Lowe's Companies

Market Cap: Mex$123.3b

Operates as a home improvement retailer in the United States.

Gap

Market Cap: Mex$7.2b

Operates as an apparel retail company.

Amazon.com

Market Cap: Mex$1.9t

Engages in the retail sale of consumer products, advertising, and subscriptions service through online and physical stores in North America and internationally.

Kingfisher

Market Cap: Mex$4.5b

Supplies home improvement products and services in the United Kingdom, Ireland, France, Poland, and internationally.

Etsy

Market Cap: Mex$4.7b

Operates two-sided online marketplaces that connect buyers and sellers worldwide.