Does GMéxico Transportes. de (BMV:GMXT) Deserve A Spot On Your Watchlist?
Sep 25
Mexican (IPC) Market Analysis & Valuation
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies138
- 7D0.2%
- 3M-2.4%
- 1Y9.6%
- YTD3.7%
In the last week, the market has stayed flat, however the Utilities sector stood out, gaining 3.2%. More promisingly, the market is up 9.6% over the past year. Earnings are forecast to grow by 8.8% annually.
Market Valuation and Performance
Has the Mexican Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 27 Sep 2023 | Mex$10.4t | Mex$8.6t | Mex$756.0b | 12.9x | 13.8x | 1.2x |
| Fri, 25 Aug 2023 | Mex$10.7t | Mex$8.5t | Mex$748.3b | 12.8x | 14.3x | 1.3x |
| Sun, 23 Jul 2023 | Mex$10.7t | Mex$8.4t | Mex$746.2b | 12.6x | 14.3x | 1.3x |
| Tue, 20 Jun 2023 | Mex$10.8t | Mex$8.4t | Mex$732.7b | 13.3x | 14.7x | 1.3x |
| Thu, 18 May 2023 | Mex$10.9t | Mex$8.4t | Mex$734.1b | 13.1x | 14.8x | 1.3x |
| Sat, 15 Apr 2023 | Mex$10.9t | Mex$8.2t | Mex$723.7b | 12.5x | 15x | 1.3x |
| Mon, 13 Mar 2023 | Mex$9.4t | Mex$7.5t | Mex$650.7b | 11.9x | 14.5x | 1.3x |
| Wed, 08 Feb 2023 | Mex$9.5t | Mex$7.4t | Mex$652.5b | 11.7x | 14.6x | 1.3x |
| Fri, 06 Jan 2023 | Mex$9.2t | Mex$7.4t | Mex$647.3b | 11.9x | 14.2x | 1.2x |
| Sun, 04 Dec 2022 | Mex$9.2t | Mex$7.4t | Mex$647.4b | 11.9x | 14.2x | 1.2x |
| Tue, 01 Nov 2022 | Mex$9.0t | Mex$8.4t | Mex$2.6t | 11.5x | 3.5x | 1.1x |
| Thu, 29 Sep 2022 | Mex$8.4t | Mex$7.2t | Mex$628.7b | 10.6x | 13.3x | 1.2x |
| Sat, 27 Aug 2022 | Mex$8.6t | Mex$7.2t | Mex$625.9b | 11.4x | 13.7x | 1.2x |
| Mon, 25 Jul 2022 | Mex$8.7t | Mex$7.1t | Mex$628.3b | 11.9x | 13.9x | 1.2x |
| Wed, 22 Jun 2022 | Mex$8.5t | Mex$6.9t | Mex$625.7b | 12.3x | 13.6x | 1.2x |
| Fri, 20 May 2022 | Mex$8.6t | Mex$6.9t | Mex$622.7b | 12x | 13.8x | 1.3x |
| Sun, 17 Apr 2022 | Mex$9.3t | Mex$6.7t | Mex$569.1b | 14.3x | 16.4x | 1.4x |
| Tue, 15 Mar 2022 | Mex$9.1t | Mex$6.7t | Mex$575.8b | 14.1x | 15.8x | 1.4x |
| Thu, 10 Feb 2022 | Mex$9.0t | Mex$6.6t | Mex$596.1b | 13.9x | 15.2x | 1.4x |
| Sat, 08 Jan 2022 | Mex$9.1t | Mex$6.6t | Mex$575.4b | 13.8x | 15.7x | 1.4x |
| Mon, 06 Dec 2021 | Mex$8.7t | Mex$6.7t | Mex$580.5b | 13.1x | 15x | 1.3x |
| Wed, 03 Nov 2021 | Mex$9.0t | Mex$6.7t | Mex$547.7b | 13.4x | 16.4x | 1.3x |
| Fri, 01 Oct 2021 | Mex$8.8t | Mex$6.5t | Mex$530.4b | 13.3x | 16.6x | 1.3x |
| Sun, 29 Aug 2021 | Mex$10.0t | Mex$6.4t | Mex$530.1b | 13.7x | 18.9x | 1.6x |
| Mon, 05 Jul 2021 | Mex$9.6t | Mex$6.4t | Mex$530.1b | 12.9x | 18.1x | 1.5x |
| Thu, 08 Apr 2021 | Mex$9.1t | Mex$6.1t | Mex$399.7b | 13.6x | 22.7x | 1.5x |
| Sun, 10 Jan 2021 | Mex$8.8t | Mex$6.1t | Mex$280.1b | 16.6x | 31.5x | 1.5x |
| Sat, 03 Oct 2020 | Mex$7.7t | Mex$6.1t | Mex$267.1b | 17.7x | 28.9x | 1.3x |
Price to Earnings Ratio
28.9x
Current Market PE
- Investors are pessimistic on the Mexican market, indicating that they anticipate earnings will not grow as fast as they have historically.
- The market is trading at a PE ratio of 13.9x which is lower than its 3-year average PE of 18.1x.
Past Earnings Growth
- The earnings for Mexican listed companies have grown 41% per year over the last three years.
- Revenues for these companies have grown 12% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Sector Trends
Which sectors have driven the changes within the Mexican Market?
| MX Market | 0.18% | |
| Utilities | 3.23% | |
| Healthcare | 2.47% | |
| Consumer Staples | 1.67% | |
| Real Estate | 0.78% | |
| Energy | 0.21% | |
| Financials | 0.19% | |
| Tech | 0% | |
| Materials | -0.0042% | |
| Industrials | -0.79% | |
| Telecom | -1.22% | |
| Consumer Discretionary | -1.28% | |
Sector PE
- Investors favour the Consumer Staples sector the most for future growth even though it's trading below its 3-year average PE ratio of 24.3x.
- Analysts are expecting annual earnings growth of 7.8%, which is lower than the prior year's growth of 22.8% per year.
Forecasted Growth
- Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 20% over the next 5 years.
- However this is lower than its past earnings growth rate of 111% per year.
- In contrast, the Real Estate sector is expected to see its earnings decline by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| FEMSA UBD Fomento Económico Mexicano. de | Mex$191.84 | 1.8% +Mex$12.4b | 54.7% | PE20.3x | Consumer Staples | |
| WALMEX * Wal-Mart de México. de | Mex$66.43 | 0.9% +Mex$10.7b | -8.7% | PE23.2x | Consumer Staples | |
| SORIANA B Organización Soriana S. A. B. de C. V | Mex$29.00 | 16.1% +Mex$7.3b | 10.7% | PE10.9x | Consumer Staples | |
| GRUMA B Gruma. de | Mex$305.62 | 5.6% +Mex$6.0b | 41.9% | PE17.8x | Consumer Staples | |
| GIGANTE * Grupo Gigante S. A. B. de C. V | Mex$26.88 | 8.5% +Mex$2.1b | -1.5% | PE14x | Consumer Discretionary |
Market Insights
This week we are having a look at the diverse and interesting field of nanotechnology. We’re going to have a look at what it is in the first place, the types of nanotech applications, and how to invest in the space.
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