Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Mexican (IPC) Market Analysis & Valuation

UpdatedSep 02, 2025
DataAggregated Company Financials
Companies118
  • 7D1.2%
  • 3M0.6%
  • 1Y6.0%
  • YTD12.1%

In the last week, the market has been flat, with a notable exception in the Energy sector dropping 3.4%. Meanwhile, the market is actually up 4.8% over the past year. Looking forward, earnings are forecast to grow by 12% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 02 Sep 2025Mex$9.4tMex$7.8tMex$617.1b12.3x15.2x1.2x
Thu, 31 Jul 2025Mex$9.3tMex$7.7tMex$607.0b11.9x15.2x1.2x
Sat, 28 Jun 2025Mex$9.3tMex$7.6tMex$601.3b12.2x15.5x1.2x
Mon, 26 May 2025Mex$9.3tMex$7.6tMex$589.7b12.4x15.7x1.2x
Wed, 23 Apr 2025Mex$9.0tMex$7.5tMex$605.1b11.2x14.9x1.2x
Fri, 21 Mar 2025Mex$8.7tMex$7.6tMex$596.4b10.8x14.5x1.1x
Sun, 16 Feb 2025Mex$9.0tMex$7.6tMex$617.5b11.6x14.5x1.2x
Tue, 14 Jan 2025Mex$8.5tMex$7.6tMex$606.5b11.4x14x1.1x
Thu, 12 Dec 2024Mex$8.7tMex$7.5tMex$602.1b12x14.4x1.2x
Sat, 09 Nov 2024Mex$8.7tMex$7.4tMex$596.8b11.5x14.6x1.2x
Mon, 07 Oct 2024Mex$9.1tMex$7.3tMex$587.6b12.2x15.5x1.2x
Wed, 04 Sep 2024Mex$9.2tMex$7.4tMex$591.2b11.7x15.5x1.2x
Fri, 02 Aug 2024Mex$9.1tMex$7.3tMex$582.6b12x15.6x1.2x
Sun, 30 Jun 2024Mex$9.0tMex$7.1tMex$583.3b13x15.4x1.3x
Tue, 28 May 2024Mex$9.3tMex$7.0tMex$566.5b13.5x16.4x1.3x
Thu, 25 Apr 2024Mex$9.4tMex$7.1tMex$580.1b13.3x16.2x1.3x
Sat, 23 Mar 2024Mex$9.6tMex$7.1tMex$585.2b13.7x16.5x1.4x
Mon, 19 Feb 2024Mex$9.5tMex$7.3tMex$619.1b13.5x15.4x1.3x
Wed, 17 Jan 2024Mex$9.6tMex$7.4tMex$657.7b12.9x14.6x1.3x
Fri, 15 Dec 2023Mex$9.5tMex$7.4tMex$657.4b13x14.5x1.3x
Sun, 12 Nov 2023Mex$8.8tMex$7.4tMex$657.4b11.9x13.4x1.2x
Tue, 10 Oct 2023Mex$8.8tMex$7.5tMex$665.7b12.5x13.2x1.2x
Thu, 07 Sep 2023Mex$9.2tMex$7.5tMex$660.3b12.9x13.9x1.2x
Sat, 05 Aug 2023Mex$9.3tMex$7.5tMex$660.3b13.4x14x1.2x
Mon, 03 Jul 2023Mex$9.2tMex$7.3tMex$637.6b13.4x14.5x1.3x
Wed, 31 May 2023Mex$9.3tMex$7.3tMex$639.4b13.2x14.5x1.3x
Fri, 28 Apr 2023Mex$9.5tMex$7.2tMex$673.1b12.4x14.1x1.3x
Sun, 26 Mar 2023Mex$9.1tMex$7.2tMex$637.0b12.9x14.3x1.3x
Tue, 21 Feb 2023Mex$9.5tMex$7.2tMex$668.3b11.8x14.2x1.3x
Thu, 19 Jan 2023Mex$9.4tMex$7.2tMex$659.2b11.8x14.3x1.3x
Sat, 17 Dec 2022Mex$8.9tMex$7.3tMex$651.5b11.8x13.7x1.2x
Mon, 14 Nov 2022Mex$9.2tMex$8.3tMex$2.6t11.3x3.6x1.1x
Wed, 12 Oct 2022Mex$8.4tMex$7.2tMex$626.8b10.7x13.4x1.2x
Fri, 09 Sep 2022Mex$8.4tMex$7.2tMex$626.5b11.3x13.4x1.2x
Price to Earnings Ratio

13.4x


Total Market Cap: Mex$8.4tTotal Earnings: Mex$626.5bTotal Revenue: Mex$7.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Price to Earnings3Y Average 14.5x202320242025
Current Market PE
  • Investors are relatively neutral on the Mexican 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 14.5x.
Past Earnings Growth
  • The earnings for Mexican listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.5% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Mexican Market?

MX Market1.21%
Healthcare2.70%
Financials2.19%
Industrials1.89%
Materials1.52%
Consumer Staples1.23%
Consumer Discretionary0.75%
Real Estate0.68%
Energy0.41%
Utilities-0.45%
Telecom-0.51%
Sector PE
  • Investors favour the Utilities sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Energy sector is the least preferred by investors for future growth, which is trading below its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 21% over the next 5 years.
  • This is better than its past earnings growth rate of 6.4% per year.
  • In contrast, the Real Estate industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
PE&OLES * Industrias Peñoles. deMex$610.0414.9%
+Mex$31.4b		155.3%PE19.9xMaterials
GFINBUR O Grupo Financiero Inbursa. deMex$50.674.2%
+Mex$12.3b		9.0%PB1.2xFinancials
IDEAL B-1 Impulsora del Desarrollo y el Empleo en América Latina. deMex$40.009.0%
+Mex$9.5b		n/aPE13.2xIndustrials
GFNORTE O Grupo Financiero Banorte. deMex$169.001.7%
+Mex$7.7b		22.4%PB1.9xFinancials
CUERVO * Becle. deMex$21.628.6%
+Mex$6.1b		-32.7%PE13.8xConsumer Staples
See more

Market Insights

Header cover image
🌊 The 2025 IPO Wave: Winners, Losers, and What Investors Should Watch
Richard Bowman avatar
Richard Bowman
|
|
The number of IPOs and the capital raised this year are on track to outpace the last three years combined. And the thing is, successful IPOs attract more IPOs. Some will be genuine gems, while others, not so much. That’s why this week, we’re digging into the IPO market, and more importantly, how you can improve your odds of spotting a winner.
Continue reading
📊 Leveraged Upside and Downside With Bitcoin Treasury Companies
Last Week

📊 Leveraged Upside and Downside With Bitcoin Treasury Companies

Latest News

GMEXICO B
Mex$123.27
Grupo México. de
7D
-1.1%
1Y
19.5%

There's Reason For Concern Over Grupo México, S.A.B. de C.V.'s (BMV:GMEXICOB) Price

Aug 31
There's Reason For Concern Over Grupo México, S.A.B. de C.V.'s (BMV:GMEXICOB) Price
CHDRAUI B
Mex$150.90
Grupo Comercial Chedraui. de
7D
-3.9%
1Y
-0.09%

Here's Why Grupo Comercial Chedraui. de (BMV:CHDRAUIB) Can Manage Its Debt Responsibly

Aug 31
Here's Why Grupo Comercial Chedraui. de (BMV:CHDRAUIB) Can Manage Its Debt Responsibly
GCARSO A1
Mex$124.62
Grupo Carso. de
7D
-0.8%
1Y
5.4%

These 4 Measures Indicate That Grupo Carso. de (BMV:GCARSOA1) Is Using Debt Reasonably Well

Aug 29
These 4 Measures Indicate That Grupo Carso. de (BMV:GCARSOA1) Is Using Debt Reasonably Well
IDEAL B-1
Mex$40.00
Impulsora del Desarrollo y el Empleo en América Latina. de
7D
9.0%
1Y
n/a

Estimating The Intrinsic Value Of Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (BMV:IDEALB-1)

Aug 29
Estimating The Intrinsic Value Of Impulsora del Desarrollo y el Empleo en América Latina, S.A.B. de C.V. (BMV:IDEALB-1)
CUERVO *
Mex$21.62
Becle. de
7D
8.6%
1Y
-32.7%

Premium Spirits Demand And Digital Adoption Will Drive Global Expansion

Analysts have lowered Becle’s price target to MX$28.62, citing diminished catalysts following the materialization of the tariff-related thesis and more attractive growth opportunities elsewhere in the sector. Analyst Commentary Tariff-related trading thesis on Cuervo has mostly materialized, reducing expected future catalysts.
GENTERA *
Mex$45.40
Gentera. de
7D
7.5%
1Y
112.8%

Digital Initiatives And New CEO At Banco Compartamos Will Improve Future Efficiency

Analysts have slightly raised Gentera's price target to MX$46.36, reflecting resilience and solid Q2 performance despite mixed sentiment and moderating revenue growth forecasts. Analyst Commentary Mixed sentiment as some analysts shift to a more neutral stance following a period of strong performance.
WALMEX *
Mex$56.20
Wal-Mart de México. de
7D
0.7%
1Y
-11.3%

Wal-Mart de México, S.A.B. de C.V.'s (BMV:WALMEX) Shareholders Might Be Looking For Exit

Aug 24
Wal-Mart de México, S.A.B. de C.V.'s (BMV:WALMEX) Shareholders Might Be Looking For Exit
PE&OLES *
Mex$610.04
Industrias Peñoles. de
7D
14.9%
1Y
155.3%
AC *
Mex$194.82
Arca Continental. de
7D
-2.9%
1Y
10.0%

The Return Trends At Arca Continental. de (BMV:AC) Look Promising

Aug 19
The Return Trends At Arca Continental. de (BMV:AC) Look Promising
TLEVISA CPO
Mex$10.31
Grupo Televisa
7D
11.6%
1Y
37.1%
FEMSA UBD
Mex$163.40
Fomento Económico Mexicano. de
7D
-0.7%
1Y
-19.9%
FIBRAPL 14
Mex$69.21
FIBRA Prologis
7D
-4.3%
1Y
7.2%
AMX B
Mex$18.36
América Móvil. de
7D
-1.9%
1Y
10.7%

Investors Appear Satisfied With América Móvil, S.A.B. de C.V.'s (BMV:AMXB) Prospects

Jul 30
Investors Appear Satisfied With América Móvil, S.A.B. de C.V.'s (BMV:AMXB) Prospects
BIMBO A
Mex$57.81
Grupo Bimbo. de
7D
-2.0%
1Y
-17.4%
GFNORTE O
Mex$169.00
Grupo Financiero Banorte. de
7D
1.7%
1Y
22.4%
GFINBUR O
Mex$50.67
Grupo Financiero Inbursa. de
7D
4.2%
1Y
9.0%