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Mexican (IPC) Industrials Sector Analysis
UpdatedDec 01, 2021
DataAggregated Company Financials
Companies20
- 7D-2.3%
- 3M2.1%
- 1Y14.9%
- YTD6.3%
Over the last 7 days, the Industrials industry has dropped 2.3%, driven by a pullback from Grupo Aeroportuario del Pacífico. de of 7.5%. Meanwhile, Grupo Lamosa. de actually outperformed within the industry, gaining 12% in the last week. This takes the industry's 12 month performance to a gain of 15%.
Sector Valuation and Performance
Has the Mexican Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | Mex$1.0t | Mex$694.8b | Mex$46.5b | 17.3x |
| Sat, 30 Oct 2021 | Mex$1.0t | Mex$689.5b | Mex$45.1b | 19.3x |
| Mon, 27 Sep 2021 | Mex$1.0t | Mex$652.9b | Mex$36.6b | 20x |
| Wed, 25 Aug 2021 | Mex$928.8b | Mex$621.8b | Mex$37.0b | 20.6x |
| Thu, 01 Jul 2021 | Mex$931.0b | Mex$621.8b | Mex$37.0b | 21.1x |
| Sun, 04 Apr 2021 | Mex$885.5b | Mex$572.2b | Mex$21.9b | 23.2x |
| Wed, 06 Jan 2021 | Mex$914.6b | Mex$563.1b | Mex$16.1b | 24.7x |
| Sat, 10 Oct 2020 | Mex$776.7b | Mex$559.2b | Mex$29.9b | 22x |
| Fri, 03 Jul 2020 | Mex$747.6b | Mex$558.8b | Mex$28.5b | 17x |
| Mon, 06 Apr 2020 | Mex$657.4b | Mex$562.3b | Mex$40.2b | 13x |
| Thu, 09 Jan 2020 | Mex$952.3b | Mex$615.7b | Mex$45.4b | 18.7x |
| Wed, 02 Oct 2019 | Mex$791.3b | Mex$600.0b | Mex$56.7b | 15.3x |
| Sat, 06 Jul 2019 | Mex$870.1b | Mex$693.7b | Mex$55.9b | 16.7x |
| Tue, 09 Apr 2019 | Mex$910.6b | Mex$742.5b | Mex$60.3b | 17.2x |
| Mon, 31 Dec 2018 | Mex$895.6b | Mex$647.2b | Mex$52.6b | 16.7x |
PE Ratio
15.5x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 18.6x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Industrials industry have declined 9.3% per year over the last three years, and revenues have also declined 2.8% per year. This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Mexican Industrials sector?
| Building | 9.80% | |
| Commercial Services | 8.66% | |
| Transportation | 0.65% | |
| Construction | -0.18% | |
| Trade Distributors | -0.27% | |
| Industrials | -2.77% | |
| Airlines | -3.75% | |
| Infrastructure | -5.29% | |
Industry PE: Investors are most optimistic about the Infrastructure industry even though it's trading below its 3-year average PE ratio of 28.6x. However analysts are expecting annual earnings growth of 16%, which is lower than the prior year's growth of 40% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Trade Distributors industry, which is trading below its 3-year average of 13.4x.
Forecasted Growth: Analysts are most optimistic on the Industrials industry, expecting annual earnings growth of 51% over the next 5 years. This is better than it's past earnings growth rate of 23% per year. Meanwhile, the Infrastructure industry is expected to see its earnings grow by 16% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| GMXT * GMéxico Transportes. de | 3.4%+Mex$4.7b | 26.2% | PE19.9x | |
| LAMOSA * Grupo Lamosa. de | 12.4%+Mex$3.8b | 184.3% | PE8.9x | |
| ELEMAT * Elementia Materiales. De | 12.6%+Mex$1.1b | n/a | n/a | |
| KUO B Grupo KUO. de | 2.2%+Mex$434.2m | -3.4% | PE6.5x | |
| PASA B Promotora Ambiental. de | 8.7%+Mex$144.7m | 14.5% | PE14.1x |
