Header cover image

Mexican (IPC) Financials Sector Analysis

UpdatedMay 03, 2024
DataAggregated Company Financials
Companies20
  • 7D-0.4%
  • 3M-2.6%
  • 1Y11.6%
  • YTD3.6%

Last week, the Financials industry hasn't moved much but Regional. de is up 3.7% in that time. As for the the longer term, the industry is up 12% over the past 12 months. As for the next few years, earnings are expected to grow by 8.0% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 May 2024Mex$1.4tMex$524.5bMex$129.7b10.1x11x2.7x
Sun, 31 Mar 2024Mex$1.5tMex$514.3bMex$127.3b10.7x11.6x2.9x
Tue, 27 Feb 2024Mex$1.6tMex$522.1bMex$127.2b11.1x12.8x3.1x
Thu, 25 Jan 2024Mex$1.7tMex$632.1bMex$158.4b9.3x10.7x2.7x
Sat, 23 Dec 2023Mex$1.7tMex$628.0bMex$156.8b9x10.8x2.7x
Mon, 20 Nov 2023Mex$1.5tMex$621.3bMex$156.1b8.2x9.6x2.4x
Wed, 18 Oct 2023Mex$1.4tMex$602.0bMex$145.8b8.1x9.7x2.4x
Fri, 15 Sep 2023Mex$1.4tMex$602.0bMex$145.8b7.8x9.5x2.3x
Sun, 13 Aug 2023Mex$1.4tMex$602.0bMex$145.8b8.1x9.8x2.4x
Tue, 11 Jul 2023Mex$1.4tMex$588.2bMex$134.4b6.7x10.7x2.4x
Thu, 08 Jun 2023Mex$1.4tMex$587.5bMex$134.6b8.2x10.7x2.5x
Sat, 06 May 2023Mex$1.5tMex$583.9bMex$134.3b8.3x10.9x2.5x
Mon, 03 Apr 2023Mex$1.4tMex$562.8bMex$121.2b9.1x11.6x2.5x
Wed, 01 Mar 2023Mex$1.4tMex$645.2bMex$122.7b9x11.4x2.2x
Fri, 27 Jan 2023Mex$1.5tMex$558.2bMex$120.6b9.4x12.1x2.6x
Sun, 25 Dec 2022Mex$1.4tMex$549.7bMex$116.0b9.4x11.9x2.5x
Tue, 22 Nov 2022Mex$1.4tMex$549.7bMex$116.0b9.2x11.8x2.5x
Thu, 20 Oct 2022Mex$1.3tMex$534.4bMex$112.9b8.7x11.9x2.5x
Sat, 17 Sep 2022Mex$1.3tMex$534.4bMex$112.9b8.7x11.3x2.4x
Mon, 15 Aug 2022Mex$1.3tMex$534.5bMex$113.0b8.7x11.5x2.4x
Wed, 13 Jul 2022Mex$1.2tMex$525.1bMex$115.0b8.8x10.7x2.4x
Fri, 10 Jun 2022Mex$1.3tMex$525.1bMex$114.9b9.4x11.3x2.5x
Sun, 08 May 2022Mex$1.3tMex$511.2bMex$123.0b9.6x10.7x2.6x
Tue, 05 Apr 2022Mex$1.5tMex$496.5bMex$115.7b12x12.7x3x
Thu, 03 Mar 2022Mex$1.4tMex$491.4bMex$114.7b11x12.1x2.8x
Sat, 29 Jan 2022Mex$1.3tMex$476.6bMex$112.5b10.9x12x2.8x
Mon, 27 Dec 2021Mex$1.3tMex$473.4bMex$108.8b10.8x12x2.8x
Wed, 24 Nov 2021Mex$1.4tMex$471.7bMex$108.7b10.7x12.5x2.9x
Fri, 22 Oct 2021Mex$1.4tMex$458.2bMex$101.3b11.3x13.4x3x
Sun, 19 Sep 2021Mex$1.3tMex$458.1bMex$101.2b10.4x12.9x2.8x
Tue, 17 Aug 2021Mex$2.4tMex$467.1bMex$101.4b11.2x23.9x5.2x
Tue, 01 Jun 2021Mex$2.4tMex$452.0bMex$89.1b9.6x27x5.3x
Price to Earnings Ratio

25.7x


Total Market Cap: Mex$2.3tTotal Earnings: Mex$89.1bTotal Revenue: Mex$452.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Financials Sector Price to Earnings3Y Average 12.6x202220232024
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 11.0x which is lower than its 3-year average PE of 12.6x.
  • The industry is trading close to its 3-year average PS ratio of 2.8x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 5.1% 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 Market-1.51%
Financials-0.40%
Capital Markets1.37%
Mortgage Finance0%
Diversified Financial0%
Banks-0.11%
Mortgage REITs-2.19%
Insurance-2.96%
Consumer Finance-4.06%
Industry PE
  • Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 34.3x.
    • Analysts are expecting annual earnings growth of 7.1%, which is higher than its past year's earnings decline of 8.1% per year.
  • Investors are most pessimistic about the Mortgage REITs industry, which is trading below its 3-year average of 5.8x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 19% over the next 5 years.
  • However this is lower than its past earnings growth rate of 52% per year.
  • In contrast, the Banks industry is expected to see its earnings grow by 6.6% 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
R A Regional. deMex$160.003.7%
+Mex$1.8b		20.3%PB1.8x
BBAJIO O Banco del Bajío Institución de Banca MúltipleMex$65.861.4%
+Mex$1.1b		7.4%PB1.8x
VALUEGF O Value Grupo Financiero. deMex$95.002.2%
+Mex$320.0m		-18.3%PE59.5x
GBM O Corporativo GBM. deMex$13.430.6%
+Mex$131.3m		19.4%PE77.4x
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 UsCareersPlansLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & Enterprise
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

BOLSA A

Mex$32.56

Bolsa Mexicana de Valores. de

7D

-2.4%

1Y

-20.0%

Q *

Mex$211.87

Quálitas Controladora. de

7D

-4.0%

1Y

88.6%

Quálitas Controladora. de (BMV:Q) Is Paying Out A Larger Dividend Than Last Year

May 03
Quálitas Controladora. de (BMV:Q) Is Paying Out A Larger Dividend Than Last Year

VALUEGF O

Mex$95.00

Value Grupo Financiero. de

7D

2.2%

1Y

-18.3%

GFINBUR O

Mex$48.44

Grupo Financiero Inbursa. de

7D

-0.7%

1Y

13.0%

Analysts Are Betting On Grupo Financiero Inbursa, S.A.B. de C.V. (BMV:GFINBURO) With A Big Upgrade This Week

Apr 27
Analysts Are Betting On Grupo Financiero Inbursa, S.A.B. de C.V. (BMV:GFINBURO) With A Big Upgrade This Week

ELEKTRA *

Mex$1,109.12

Grupo Elektra. de

7D

-0.2%

1Y

-5.0%

BBAJIO O

Mex$65.86

Banco del Bajío Institución de Banca Múltiple

7D

1.4%

1Y

7.4%

R A

Mex$160.00

Regional. de

7D

3.7%

1Y

20.3%

FHIPO 14

Mex$15.76

Fideicomiso Irrevocable F/2061 FHipo

7D

-4.2%

1Y

-6.7%

GENTERA *

Mex$27.06

Gentera. de

7D

-4.3%

1Y

34.4%

GFNORTE O

Mex$172.60

Grupo Financiero Banorte. de

7D

-0.3%

1Y

12.9%

GBM O

Mex$13.43

Corporativo GBM. de

7D

0.6%

1Y

19.4%