Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Mexican (IPC) Financials Sector Analysis

UpdatedDec 10, 2024
DataAggregated Company Financials
Companies19
  • 7D2.8%
  • 3M4.4%
  • 1Y-18.5%
  • YTD-17.9%

Over the last 7 days, the Financials industry has risen 3.3%, driven by gains from Grupo Financiero Banorte. de of 3.8%. However, the industry is down 20% over the past year. Earnings are forecast to grow by 5.1% annually.

Sector Valuation and Performance

Has the Mexican Financials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Dec 2024Mex$1.2tMex$566.8bMex$140.3b8.1x8.7x2.1x
Thu, 07 Nov 2024Mex$1.1tMex$470.4bMex$139.0b7.7x8x2.4x
Sat, 05 Oct 2024Mex$1.4tMex$564.7bMex$138.3b8.1x9.9x2.4x
Mon, 02 Sep 2024Mex$1.3tMex$564.7bMex$138.3b7.6x9.7x2.4x
Wed, 31 Jul 2024Mex$1.3tMex$564.1bMex$137.8b8x9.8x2.4x
Fri, 28 Jun 2024Mex$1.4tMex$538.7bMex$136.1b9.2x10.4x2.6x
Sun, 26 May 2024Mex$1.5tMex$525.0bMex$135.9b9.5x11x2.8x
Tue, 23 Apr 2024Mex$1.4tMex$497.8bMex$126.2b10.9x11.2x2.8x
Thu, 21 Mar 2024Mex$1.6tMex$520.5bMex$127.9b10.7x12.2x3x
Sat, 17 Feb 2024Mex$1.5tMex$513.4bMex$126.9b11.1x11.9x3x
Mon, 15 Jan 2024Mex$1.7tMex$628.0bMex$156.8b8.9x10.7x2.7x
Wed, 13 Dec 2023Mex$1.7tMex$628.0bMex$156.8b8.6x10.6x2.6x
Fri, 10 Nov 2023Mex$1.5tMex$618.9bMex$154.3b7.9x9.4x2.3x
Sun, 08 Oct 2023Mex$1.4tMex$602.0bMex$145.8b7.8x9.6x2.3x
Tue, 05 Sep 2023Mex$1.4tMex$602.0bMex$145.8b8x9.6x2.3x
Thu, 03 Aug 2023Mex$1.5tMex$602.1bMex$145.8b8.1x10.1x2.4x
Sat, 01 Jul 2023Mex$1.4tMex$588.2bMex$134.4b6.8x10.5x2.4x
Mon, 29 May 2023Mex$1.4tMex$587.3bMex$134.5b9.2x10.8x2.5x
Wed, 26 Apr 2023Mex$1.4tMex$440.0bMex$123.6b8.5x11.5x3.2x
Fri, 24 Mar 2023Mex$1.4tMex$562.8bMex$121.2b9.1x11.3x2.4x
Sun, 19 Feb 2023Mex$1.4tMex$563.0bMex$122.9b9.4x11.8x2.6x
Tue, 17 Jan 2023Mex$1.4tMex$550.1bMex$116.0b9.4x12.1x2.6x
Thu, 15 Dec 2022Mex$1.3tMex$549.7bMex$116.0b9.2x11.5x2.4x
Sat, 12 Nov 2022Mex$1.4tMex$549.6bMex$116.0b9.2x11.7x2.5x
Mon, 10 Oct 2022Mex$1.3tMex$534.4bMex$112.9b8.3x11.6x2.4x
Wed, 07 Sep 2022Mex$1.2tMex$534.4bMex$112.9b8.6x10.9x2.3x
Fri, 05 Aug 2022Mex$1.3tMex$534.5bMex$113.0b7.9x11.3x2.4x
Sun, 03 Jul 2022Mex$1.2tMex$525.1bMex$115.0b8.6x10.6x2.3x
Tue, 31 May 2022Mex$1.3tMex$525.1bMex$114.9b9.9x11.7x2.6x
Thu, 28 Apr 2022Mex$1.4tMex$501.3bMex$117.9b10.5x11.7x2.7x
Sat, 26 Mar 2022Mex$1.5tMex$496.5bMex$115.7b11.6x12.7x3x
Mon, 21 Feb 2022Mex$1.4tMex$480.8bMex$117.1b11.6x11.7x2.8x
Wed, 19 Jan 2022Mex$1.4tMex$473.4bMex$108.8b11.2x12.7x2.9x
Fri, 17 Dec 2021Mex$1.3tMex$473.4bMex$108.8b10.5x11.8x2.7x
Price to Earnings Ratio

11.8x


Total Market Cap: Mex$1.3tTotal Earnings: Mex$108.8bTotal Revenue: Mex$473.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Financials Sector Price to Earnings3Y Average 11x202220232024
Current Industry PE
  • Investors are pessimistic on the Mexican Financials industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.7x which is lower than its 3-year average PE of 11.0x.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 8.9% per year over the last three years.
  • Revenues for these companies have grown 6.2% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Mexican Financials sector?

MX Market2.62%
Financials2.81%
Insurance9.58%
Capital Markets3.47%
Consumer Finance3.32%
Banks2.18%
Mortgage Finance0%
Diversified Financial0%
Mortgage REITs-0.26%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 17.3x.
    • Analysts are expecting annual earnings growth of 5.7%, which is lower than the prior year's growth of 6.7% per year.
  • Investors are most pessimistic about the Mortgage REITs industry, which is trading close to its 3-year average of 5.2x.
Forecasted Growth
  • Analysts are most optimistic on the Consumer Finance industry, expecting annual earnings growth of 16% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Banks industry is expected to see its earnings grow by 3.9% 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
GFNORTE O Grupo Financiero Banorte. deMex$142.533.8%
+Mex$15.1b		-14.3%PB1.6x
ELEKTRA * Grupo Elektra. deMex$312.3713.9%
+Mex$8.4b		-72.9%PB0.7x
Q * Quálitas Controladora. deMex$178.2413.6%
+Mex$8.4b		5.3%PE14.5x
GPROFUT * Grupo Profuturo. deMex$100.007.5%
+Mex$2.0b		n/aPE8.1x
BBAJIO O Banco del Bajío Institución de Banca MúltipleMex$44.493.7%
+Mex$1.9b		-18.7%PB1.2x
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

Q *

Mex$178.24

Quálitas Controladora. de

7D

13.6%

1Y

5.3%

Market Participants Recognise Quálitas Controladora, S.A.B. de C.V.'s (BMV:Q) Earnings Pushing Shares 29% Higher

Dec 06
Market Participants Recognise Quálitas Controladora, S.A.B. de C.V.'s (BMV:Q) Earnings Pushing Shares 29% Higher

ELEKTRA *

Mex$312.37

Grupo Elektra. de

7D

13.9%

1Y

-72.9%

GPROFUT *

Mex$100.00

Grupo Profuturo. de

7D

7.5%

1Y

n/a

GENTERA *

Mex$26.66

Gentera. de

7D

3.5%

1Y

33.5%

ACTINVR B

Mex$16.90

Corporación Actinver S. A. B. de C. V

7D

-1.2%

1Y

13.0%

GFNORTE O

Mex$142.53

Grupo Financiero Banorte. de

7D

3.8%

1Y

-14.3%

GBM O

Mex$9.95

Corporativo GBM. de

7D

-1.5%

1Y

-18.1%

R A

Mex$125.05

Regional. de

7D

4.6%

1Y

-17.9%

BOLSA A

Mex$34.27

Bolsa Mexicana de Valores. de

7D

7.9%

1Y

3.6%

BBAJIO O

Mex$44.49

Banco del Bajío Institución de Banca Múltiple

7D

3.7%

1Y

-18.7%

GFINBUR O

Mex$47.94

Grupo Financiero Inbursa. de

7D

-1.8%

1Y

10.2%

Grupo Financiero Inbursa, S.A.B. de C.V. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 24
Grupo Financiero Inbursa, S.A.B. de C.V. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next

FHIPO 14

Mex$15.26

Fideicomiso Irrevocable F/2061 FHipo

7D

-0.3%

1Y

-2.8%