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Mexican (IPC) Financials Sector Analysis

UpdatedNov 26, 2022
DataAggregated Company Financials
Companies25
  • 7D0.9%
  • 3M10.7%
  • 1Y7.2%
  • YTD3.3%

Over the last 7 days, the Financials industry has remained flat. The past year has been better, since the industry has gained 7.2% in that time. As for the next few years, earnings are expected to grow by 7.9% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 27 Nov 2022Mex$1.4tMex$549.7bMex$116.0b9.2x11.9x2.5x
Tue, 25 Oct 2022Mex$1.4tMex$540.9bMex$114.4b8.6x12.1x2.5x
Thu, 22 Sep 2022Mex$1.3tMex$534.4bMex$112.9b8.7x11.5x2.4x
Sat, 20 Aug 2022Mex$1.3tMex$534.5bMex$113.0b8.5x11.5x2.4x
Mon, 18 Jul 2022Mex$1.2tMex$525.1bMex$115.0b8.7x10.6x2.3x
Wed, 15 Jun 2022Mex$1.3tMex$525.1bMex$114.9b9.2x11.1x2.4x
Fri, 13 May 2022Mex$1.3tMex$513.7bMex$115.3b9.6x11.1x2.5x
Sun, 10 Apr 2022Mex$1.4tMex$496.3bMex$115.7b11.4x12.3x2.9x
Tue, 08 Mar 2022Mex$1.4tMex$488.1bMex$117.6b10.5x11.9x2.9x
Thu, 03 Feb 2022Mex$1.4tMex$479.4bMex$116.1b11.2x11.7x2.8x
Sat, 01 Jan 2022Mex$1.4tMex$473.4bMex$108.8b11x12.6x2.9x
Mon, 29 Nov 2021Mex$1.3tMex$471.7bMex$108.7b10.8x11.9x2.8x
Wed, 27 Oct 2021Mex$1.3tMex$461.0bMex$101.2b9.6x13.3x2.9x
Fri, 24 Sep 2021Mex$1.3tMex$458.1bMex$101.2b10.4x12.8x2.8x
Sun, 22 Aug 2021Mex$2.4tMex$467.1bMex$101.4b11.2x23.6x5.1x
Fri, 09 Jul 2021Mex$2.4tMex$467.1bMex$101.4b11.2x23.8x5.2x
Thu, 01 Apr 2021Mex$2.2tMex$452.0bMex$89.1b9.7x25x4.9x
Sun, 03 Jan 2021Mex$2.2tMex$447.2bMex$86.6b9.8x25.3x4.9x
Wed, 07 Oct 2020Mex$1.9tMex$451.1bMex$90.4b5.1x21x4.2x
Tue, 30 Jun 2020Mex$1.9tMex$453.2bMex$99.8b5.7x19.1x4.2x
Fri, 03 Apr 2020Mex$1.8tMex$461.1bMex$112.7b5.4x16x3.9x
Mon, 06 Jan 2020Mex$2.1tMex$459.7bMex$120.5b9.3x17.7x4.6x
Price to Earnings Ratio

9.7x


Total Market Cap: Mex$1.2tTotal Earnings: Mex$124.7bTotal Revenue: Mex$452.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Financials Sector Price to Earnings3Y Average 17.1x202020212022
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 11.9x which is lower than its 3-year average PE of 17.1x.
  • The 3-year average PS ratio of 3.8x is higher than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have declined 2.4% per year over the last three years.
  • Meanwhile revenues for these companies have grown 6.7% 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 Financials sector?

MX Market0.28%
Financials0.87%
Banks1.12%
Mortgage REITs0.90%
Diversified Financial0.26%
Mortgage Finance0%
Capital Markets-0.52%
Insurance-0.53%
Consumer Finance-0.80%
Industry PE
  • Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 8.8x.
    • Analysts are expecting annual earnings growth of 18.3%, which is higher than its past year's earnings decline of 39.0% per year.
  • Investors are most pessimistic about the Diversified Financial industry, which is trading below its 3-year average of 17.6x.
Forecasted Growth
  • Analysts are most optimistic on the Insurance industry, expecting annual earnings growth of 18% over the next 5 years.
  • This is better than its past earnings decline of 39% per year.
  • In contrast, the Mortgage REITs 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 Price7D1YValuation
GFNORTE O Grupo Financiero Banorte. deMex$156.542.4%
+Mex$10.6b
25.0%PB1.9x
ELEKTRA * Grupo Elektra. deMex$1.02k2.6%
+Mex$5.9b
-30.8%PB2.4x
BSMX B Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander MéxicoMex$23.391.6%
+Mex$2.5b
-11.1%PB1x
BOLSA A Bolsa Mexicana de Valores. deMex$37.610.6%
+Mex$128.4m
11.0%PE12.3x
UNIFIN A Unifin Financiera S. A. B. de C. VMex$1.208.1%
+Mex$46.7m
-96.4%PE0.4x
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Latest News

GFINBUR O

Mex$36.72

Grupo Financiero Inbursa. de

7D

-2.0%

1Y

83.1%

GNP *

Mex$119.00

Grupo Nacional Provincial

7D

-0.8%

1Y

-5.5%

ELEKTRA *

Mex$1,021.43

Grupo Elektra. de

7D

2.6%

1Y

-30.8%

GBM O

Mex$11.69

Corporativo GBM. de

7D

-2.6%

1Y

-24.5%

GENTERA *

Mex$19.81

Gentera. de

7D

-1.1%

1Y

71.2%

R A

Mex$142.74

Regional. de

7D

-0.9%

1Y

37.4%

Q *

Mex$83.06

Quálitas Controladora. de

7D

-0.3%

1Y

-12.5%

BBAJIO O

Mex$60.30

Banco del Bajío Institución de Banca Múltiple

7D

-1.1%

1Y

63.0%

ACTINVR B

Mex$12.10

Corporación Actinver S. A. B. de C. V

7D

-0.8%

1Y

12.0%

BOLSA A

Mex$37.61

Bolsa Mexicana de Valores. de

7D

0.6%

1Y

11.0%

BSMX B

Mex$23.39

Banco Santander México Institución de Banca Múltiple Grupo Financiero Santander México

7D

1.6%

1Y

-11.1%