Grupo Financiero Inbursa, S.A.B. de C.V. Just Recorded A 35% EPS Beat: Here's What Analysts Are Forecasting Next
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Mexican (IPC) Financials Sector Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies19
- 7D-0.9%
- 3M-2.4%
- 1Y-22.5%
- YTD-20.3%
Last week, the Financials industry hasn't moved much but Grupo Elektra. de is up 26% in that time. Unfortunately though, the industry is down 21% over the past 12 months. Earnings are forecast to grow by 5.3% annually.
Sector Valuation and Performance
Has the Mexican Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | Mex$1.2t | Mex$566.8b | Mex$140.3b | 7.9x | 8.7x | 2.2x |
| Fri, 15 Nov 2024 | Mex$1.1t | Mex$470.4b | Mex$139.0b | 7.7x | 8x | 2.4x |
| Sun, 13 Oct 2024 | Mex$1.4t | Mex$561.2b | Mex$137.6b | 7.9x | 10x | 2.5x |
| Tue, 10 Sep 2024 | Mex$1.3t | Mex$564.7b | Mex$138.3b | 7.5x | 9.6x | 2.3x |
| Thu, 08 Aug 2024 | Mex$1.3t | Mex$565.3b | Mex$138.3b | 7.6x | 9.6x | 2.3x |
| Sat, 06 Jul 2024 | Mex$1.4t | Mex$542.2b | Mex$136.8b | 8.9x | 10.4x | 2.6x |
| Mon, 03 Jun 2024 | Mex$1.5t | Mex$525.0b | Mex$135.9b | 9.4x | 11x | 2.8x |
| Wed, 01 May 2024 | Mex$1.4t | Mex$524.0b | Mex$129.7b | 10x | 11.1x | 2.7x |
| Fri, 29 Mar 2024 | Mex$1.6t | Mex$520.5b | Mex$127.9b | 10.7x | 12.5x | 3.1x |
| Sun, 25 Feb 2024 | Mex$1.6t | Mex$521.2b | Mex$126.9b | 11.1x | 12.9x | 3.1x |
| Tue, 23 Jan 2024 | Mex$1.7t | Mex$632.0b | Mex$158.2b | 8.9x | 10.6x | 2.7x |
| Thu, 21 Dec 2023 | Mex$1.7t | Mex$628.0b | Mex$156.8b | 8.9x | 10.8x | 2.7x |
| Sat, 18 Nov 2023 | Mex$1.5t | Mex$621.4b | Mex$156.0b | 8.2x | 9.6x | 2.4x |
| Mon, 16 Oct 2023 | Mex$1.4t | Mex$602.0b | Mex$145.8b | 8x | 9.8x | 2.4x |
| Wed, 13 Sep 2023 | Mex$1.4t | Mex$602.0b | Mex$145.8b | 7.7x | 9.5x | 2.3x |
| Fri, 11 Aug 2023 | Mex$1.4t | Mex$602.0b | Mex$145.8b | 8x | 9.8x | 2.4x |
| Sun, 09 Jul 2023 | Mex$1.4t | Mex$588.2b | Mex$134.4b | 6.7x | 10.7x | 2.4x |
| Tue, 06 Jun 2023 | Mex$1.4t | Mex$587.3b | Mex$134.5b | 8.5x | 10.5x | 2.4x |
| Thu, 04 May 2023 | Mex$1.4t | Mex$580.8b | Mex$133.7b | 8.2x | 10.8x | 2.5x |
| Sat, 01 Apr 2023 | Mex$1.4t | Mex$562.8b | Mex$121.2b | 9.1x | 11.6x | 2.5x |
| Mon, 27 Feb 2023 | Mex$1.4t | Mex$645.3b | Mex$122.5b | 9x | 11.5x | 2.2x |
| Wed, 25 Jan 2023 | Mex$1.5t | Mex$553.5b | Mex$118.5b | 9.4x | 12.3x | 2.6x |
| Fri, 23 Dec 2022 | Mex$1.4t | Mex$549.7b | Mex$116.0b | 9.4x | 11.7x | 2.5x |
| Sun, 20 Nov 2022 | Mex$1.4t | Mex$549.7b | Mex$116.0b | 9.2x | 11.8x | 2.5x |
| Tue, 18 Oct 2022 | Mex$1.3t | Mex$534.4b | Mex$112.9b | 8.7x | 11.8x | 2.5x |
| Thu, 15 Sep 2022 | Mex$1.3t | Mex$534.4b | Mex$112.9b | 8.7x | 11.1x | 2.3x |
| Sat, 13 Aug 2022 | Mex$1.3t | Mex$534.5b | Mex$113.0b | 8.7x | 11.5x | 2.4x |
| Mon, 11 Jul 2022 | Mex$1.2t | Mex$525.1b | Mex$115.0b | 8.7x | 10.7x | 2.3x |
| Wed, 08 Jun 2022 | Mex$1.3t | Mex$525.1b | Mex$114.9b | 9.4x | 11.4x | 2.5x |
| Fri, 06 May 2022 | Mex$1.3t | Mex$505.8b | Mex$122.2b | 9.8x | 11x | 2.7x |
| Sun, 03 Apr 2022 | Mex$1.5t | Mex$496.5b | Mex$115.7b | 12.1x | 12.7x | 3x |
| Tue, 01 Mar 2022 | Mex$1.4t | Mex$489.9b | Mex$115.8b | 11.3x | 12.1x | 2.9x |
| Thu, 27 Jan 2022 | Mex$1.3t | Mex$478.4b | Mex$111.9b | 11x | 11.9x | 2.8x |
| Sat, 25 Dec 2021 | Mex$1.3t | Mex$473.4b | Mex$108.8b | 10.8x | 12x | 2.8x |
Price to Earnings Ratio
12x
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 8.9x which is lower than its 3-year average PE of 10.9x.
- The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 2.2x.
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 Market | -1.10% | |
| Financials | -0.86% | |
| Mortgage REITs | 3.64% | |
| Capital Markets | 0.20% | |
| Mortgage Finance | 0% | |
| Diversified Financial | 0% | |
| Banks | -0.53% | |
| Insurance | -2.93% | |
| Consumer Finance | -6.58% | |
Industry PE
- Investors are most optimistic about the Capital Markets industry even though it's trading below its 3-year average PE ratio of 17.2x.
- 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 5.1x.
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 4.1% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ELEKTRA * Grupo Elektra. de | Mex$413.00 | 25.7% +Mex$18.7b | -64.2% | PB1x | |
| R A Regional. de | Mex$130.30 | 6.6% +Mex$2.7b | -17.7% | PB1.3x | |
| BOLSA A Bolsa Mexicana de Valores. de | Mex$34.05 | 2.2% +Mex$414.9m | -1.8% | PE12.1x | |
| FHIPO 14 Fideicomiso Irrevocable F/2061 FHipo | Mex$15.94 | 1.5% +Mex$54.5m | 2.9% | PE5.5x | |
| ACTINVR B Corporación Actinver S. A. B. de C. V | Mex$17.00 | 0.6% +Mex$53.4m | 14.1% | PE7.1x |