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Mexican (IPC) Market Analysis & Valuation

UpdatedMay 25, 2022
DataAggregated Company Financials
Companies124
  • 7D0.03%
  • 3M0.5%
  • 1Y9.5%
  • YTD-1.9%

In the last week, the market has stayed flat, however the Communication Services sector stood out, gaining 6.7%. As for the longer term, the market has risen 9.5% in the past 12 months. Earnings are forecast to grow by 11% annually.

Market Valuation and Performance

Has the Mexican Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 25 May 2022Mex$8.7tMex$6.9tMex$621.2b12x
Fri, 22 Apr 2022Mex$9.1tMex$6.7tMex$570.1b14.2x
Sun, 20 Mar 2022Mex$9.5tMex$6.7tMex$575.4b14.3x
Tue, 15 Feb 2022Mex$9.0tMex$6.5tMex$572.3b13.5x
Thu, 13 Jan 2022Mex$9.2tMex$6.6tMex$575.0b13.9x
Sat, 11 Dec 2021Mex$8.8tMex$6.6tMex$578.2b13.4x
Mon, 08 Nov 2021Mex$9.0tMex$6.7tMex$585.5b12.7x
Wed, 06 Oct 2021Mex$8.8tMex$6.5tMex$530.8b13.2x
Fri, 03 Sep 2021Mex$10.0tMex$6.4tMex$530.1b13.3x
Sun, 01 Aug 2021Mex$9.7tMex$6.4tMex$530.1b13.6x
Wed, 05 May 2021Mex$9.2tMex$6.1tMex$399.7b14.1x
Sat, 06 Feb 2021Mex$8.6tMex$6.1tMex$280.1b16.6x
Tue, 10 Nov 2020Mex$7.6tMex$6.1tMex$267.3b16.4x
Mon, 03 Aug 2020Mex$7.7tMex$6.1tMex$295.6b15x
Thu, 07 May 2020Mex$7.4tMex$6.2tMex$357.6b12.4x
Sun, 09 Feb 2020Mex$8.7tMex$6.1tMex$469.6b16.5x
Sat, 02 Nov 2019Mex$7.6tMex$6.1tMex$487.0b15.5x
Tue, 06 Aug 2019Mex$7.2tMex$6.2tMex$490.7b14.8x
Median PE Ratio

15.3x


Total Market Cap: Mex$7.3tTotal Earnings: Mex$484.5bTotal Revenue: Mex$6.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Median PE3Y Average 14.8x202020212022
Current Market PE
  • Investors are relatively neutral on the market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 14.8x.
Past Earnings Growth
  • The earnings for Mexican listed companies have grown 8.6% per year over the last three years.
  • Revenues for these companies have grown 3.6% 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 Market0.03%
Telecom6.66%
Financials1.79%
Materials1.64%
Energy0.43%
Industrials0.39%
Tech0%
Utilities0%
Real Estate-0.99%
Healthcare-1.20%
Consumer Discretionary-2.14%
Consumer Staples-4.78%
Sector PE
  • Investors are most optimistic about the Industrials sector even though it's trading below its 3-year average PE ratio of 18.6x.
  • Analysts are expecting annual earnings growth of 11%, which is lower than the prior year's growth of 43% per year.
  • This could indicate that the market believes that analysts are underestimating future growth.
  • Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 13.4x.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 22% over the next 5 years.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 4.1% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
AMX L América Móvil. deMex$21.647.9%
+Mex$100.9b		45.2%PS13.5xTelecom
GMEXICO B Grupo México. deMex$98.093.1%
+Mex$23.2b		7.8%PS9.7xMaterials
ELEKTRA * Grupo Elektra. deMex$1.15k9.3%
+Mex$22.1b		-28.9%PB2.6xFinancials
GCARSO A1 Grupo Carso. deMex$75.0014.1%
+Mex$20.9b		34.7%PS13.7xIndustrials
GFINBUR O Grupo Financiero Inbursa. deMex$37.687.1%
+Mex$15.4b		95.8%PB1.3xFinancials
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GMEXICO B

Mex$98.09

Grupo México. de

7D

3.1%

1Y

7.8%

ASUR B

Mex$420.56

Grupo Aeroportuario del Sureste S. A. B. de C. V

7D

-6.3%

1Y

18.5%

KIMBER A

Mex$29.64

Kimberly-Clark de México S. A. B. de C. V

7D

4.4%

1Y

-15.4%
May 21
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PE&OLES *

Mex$230.59

Industrias Peñoles. de

7D

10.1%

1Y

-16.7%

GCARSO A1

Mex$75.00

Grupo Carso. de

7D

14.1%

1Y

34.7%

FEMSA UBD

Mex$147.27

Fomento Económico Mexicano. de

7D

-3.9%

1Y

-9.3%
May 16
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GFINBUR O

Mex$37.68

Grupo Financiero Inbursa. de

7D

7.1%

1Y

95.8%
May 15
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LIVEPOL C-1

Mex$99.90

El Puerto de Liverpool. de

7D

-3.7%

1Y

18.8%
May 11
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ELEKTRA *

Mex$1,150.01

Grupo Elektra. de

7D

9.3%

1Y

-28.9%

LAMOSA *

Mex$117.50

Grupo Lamosa. de

7D

13.0%

1Y

142.3%

GAP B

Mex$289.75

Grupo Aeroportuario del Pacífico. de

7D

-5.1%

1Y

35.9%

CEMEX CPO

Mex$8.39

CEMEX. de

7D

-5.6%

1Y

-47.2%

GFNORTE O

Mex$130.12

Grupo Financiero Banorte. de

7D

-2.8%

1Y

-0.8%

AMX L

Mex$21.64

América Móvil. de

7D

7.9%

1Y

45.2%

WALMEX *

Mex$71.38

Wal-Mart de México. de

7D

-7.6%

1Y

13.3%
Apr 28
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AEROMEX *

Mex$276.00

Grupo Aeroméxico. de

7D

-19.7%

1Y

5,107.5%