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Mexican (IPC) Food Industry Analysis

UpdatedFeb 27, 2026
DataAggregated Company Financials
Companies6
  • 7D0.3%
  • 3M11.0%
  • 1Y9.6%
  • YTD9.2%

Over the last 7 days, the Food industry has dropped 3.6%, driven by a pullback from Grupo Bimbo. de of 0.8%. This takes the industry's 12 month performance to a gain of 4.3%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the Mexican Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 27 Feb 2026Mex$515.2bMex$777.0bMex$30.2b14.6x17.1x0.7x
Sun, 25 Jan 2026Mex$500.3bMex$778.1bMex$27.6b17.9x18.1x0.6x
Tue, 23 Dec 2025Mex$485.1bMex$781.9bMex$27.9b18.2x17.4x0.6x
Thu, 20 Nov 2025Mex$479.9bMex$784.4bMex$28.1b16.3x17.1x0.6x
Sat, 18 Oct 2025Mex$484.3bMex$770.7bMex$25.6b15.1x18.9x0.6x
Mon, 15 Sep 2025Mex$502.8bMex$757.1bMex$25.5b20x19.7x0.7x
Wed, 13 Aug 2025Mex$443.1bMex$758.0bMex$25.6b16.1x17.3x0.6x
Fri, 11 Jul 2025Mex$427.2bMex$744.1bMex$23.6b12.7x18.1x0.6x
Sun, 08 Jun 2025Mex$443.9bMex$747.2bMex$23.9b12.5x18.6x0.6x
Tue, 06 May 2025Mex$485.9bMex$759.7bMex$24.5b12.5x19.8x0.6x
Thu, 03 Apr 2025Mex$411.7bMex$587.3bMex$25.3b12.9x16.3x0.7x
Sat, 01 Mar 2025Mex$385.0bMex$586.0bMex$25.3b13.6x15.2x0.7x
Mon, 27 Jan 2025Mex$379.0bMex$577.3bMex$24.4b12.9x15.5x0.7x
Wed, 25 Dec 2024Mex$380.9bMex$576.6bMex$24.3b12.7x15.6x0.7x
Fri, 22 Nov 2024Mex$408.7bMex$578.2bMex$24.5b12.4x16.7x0.7x
Sun, 20 Oct 2024Mex$434.0bMex$568.3bMex$24.3b14.5x17.8x0.8x
Tue, 17 Sep 2024Mex$452.1bMex$564.1bMex$24.0b14.8x18.8x0.8x
Thu, 15 Aug 2024Mex$459.9bMex$561.3bMex$23.8b15.4x19.3x0.8x
Sat, 13 Jul 2024Mex$425.7bMex$554.4bMex$23.0b18.5x18.5x0.8x
Mon, 10 Jun 2024Mex$441.4bMex$571.5bMex$23.5b20.3x18.8x0.8x
Wed, 08 May 2024Mex$451.7bMex$562.5bMex$22.7b16.9x19.9x0.8x
Fri, 05 Apr 2024Mex$498.1bMex$590.8bMex$26.8b17.2x18.6x0.8x
Sun, 03 Mar 2024Mex$486.3bMex$592.6bMex$27.0b16.1x18x0.8x
Tue, 30 Jan 2024Mex$600.0bMex$782.5bMex$40.2b15x14.9x0.8x
Thu, 28 Dec 2023Mex$635.8bMex$780.5bMex$40.1b13.8x15.9x0.8x
Sat, 25 Nov 2023Mex$624.7bMex$781.8bMex$40.2b12.9x15.6x0.8x
Mon, 23 Oct 2023Mex$556.6bMex$793.6bMex$41.1b13x13.5x0.7x
Wed, 20 Sep 2023Mex$608.9bMex$780.6bMex$40.0b12.9x15.2x0.8x
Fri, 18 Aug 2023Mex$648.9bMex$780.7bMex$40.0b15.2x16.2x0.8x
Sun, 16 Jul 2023Mex$640.3bMex$770.4bMex$42.6b14.7x15x0.8x
Tue, 13 Jun 2023Mex$653.3bMex$773.6bMex$42.7b15.1x15.3x0.8x
Thu, 11 May 2023Mex$672.3bMex$775.9bMex$44.2b15.5x15.2x0.9x
Sat, 08 Apr 2023Mex$583.8bMex$664.5bMex$37.3b16.7x15.6x0.9x
Mon, 06 Mar 2023Mex$577.6bMex$662.9bMex$37.2b16.7x15.5x0.9x
Price to Earnings Ratio

15.5x


Total Market Cap: Mex$577.6bTotal Earnings: Mex$37.2bTotal Revenue: Mex$662.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Food Industry Price to Earnings3Y Average 17x202420252026
Current Industry PE
  • Investors are relatively neutral on the Mexican Food industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 17.0x.
  • The industry is trading close to its 3-year average PS ratio of 0.73x.
Past Earnings Growth
  • The earnings for companies in the Food industry have declined 6.6% per year over the last three years.
  • Meanwhile revenues for these companies have grown 5.5% 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, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Mexican Consumer Staples industry?

MX Market1.13%
Consumer Staples-0.73%
Food0.25%
Packaged Foods and Meats0.25%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average PE ratio of 17.0x.
    • Analysts are expecting annual earnings growth of 11.4%, which is higher than its past year's earnings decline of 2.4% per year.
  • Investors are most pessimistic about the Packaged Foods and Meats industry, which is trading close to its 3-year average of 17.0x.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 11% over the next 5 years.
  • This is better than its past earnings decline of 2.4% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 11% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SIGMAF A Sigma Foods. deMex$19.124.7%
+Mex$4.8b		9.6%PE13.6x
HERDEZ * Grupo Herdez. deMex$86.920.8%
+Mex$221.9m		60.9%PE15.6x

Latest News

BIMBO A
Mex$64.36
Grupo Bimbo. de
7D
-0.8%
1Y
17.7%
HERDEZ *
Mex$86.92
Grupo Herdez. de
7D
0.8%
1Y
60.9%
GRUMA B
Mex$311.38
Gruma. de
7D
-1.2%
1Y
-12.7%

GRUMA B: Softer Assumptions Will Still Support Further Upside Potential

Analysts have trimmed their MX$ fair value estimate for Gruma, de from MX$385.62 to MX$382.77 as they factor in slightly softer revenue growth and profit margin assumptions, along with a lower future P/E outlook. Valuation Changes Fair Value: The MX$ fair value estimate moved slightly lower from MX$385.62 to MX$382.77.
SIGMAF A
Mex$19.12
Sigma Foods. de
7D
4.7%
1Y
9.6%

SIGMAF A: Neutral Initiation And Updated Assumptions Will Support Long-Term Upside

Analysts have raised their fair value estimate for Sigma Foods to MX$20.29 from MX$19.19, citing updated assumptions for revenue growth, profit margins, discount rate and future P/E that are consistent with a neutral stance recently outlined in Street research. Analyst Commentary Bullish Takeaways Bullish analysts view the updated fair value of MX$20.29 as broadly aligned with a neutral stance, which they see as reasonable given the current assumptions on revenue growth and margins.