Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Mexican (IPC) Industrials Sector Analysis

UpdatedApr 20, 2026
DataAggregated Company Financials
Companies15
  • 7D-1.0%
  • 3M5.6%
  • 1Y14.2%
  • YTD5.0%

Over the last 7 days, the Industrials industry has dropped 1.0%, driven by a pullback from Grupo Carso. de of 3.6%. On the other hand Grupo Aeroportuario del Pacífico. de is actually up 7.1%. This takes the industry's 12 month performance to a gain of 14%. As for the next few years, earnings are expected to grow by 9.5% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Apr 2026Mex$1.2tMex$524.3bMex$57.0b16.8x20.6x2.2x
Thu, 19 Mar 2026Mex$1.1tMex$525.9bMex$46.3b17.1x23.8x2.1x
Sat, 14 Feb 2026Mex$1.2tMex$518.9bMex$60.5b17.1x19.4x2.3x
Mon, 12 Jan 2026Mex$1.3tMex$584.9bMex$70.4b15.6x18x2.2x
Wed, 10 Dec 2025Mex$1.2tMex$585.5bMex$70.4b14.9x17.3x2.1x
Fri, 07 Nov 2025Mex$1.2tMex$586.7bMex$70.4b15.2x17.6x2.1x
Sun, 05 Oct 2025Mex$1.2tMex$584.7bMex$64.8b15.1x19x2.1x
Tue, 02 Sep 2025Mex$1.2tMex$585.5bMex$64.8b15.4x19.1x2.1x
Thu, 31 Jul 2025Mex$1.2tMex$579.6bMex$64.9b16.7x18.8x2.1x
Sat, 28 Jun 2025Mex$1.2tMex$573.9bMex$68.4b13.7x17.7x2.1x
Mon, 26 May 2025Mex$1.1tMex$551.1bMex$59.6b15.8x19.2x2.1x
Wed, 23 Apr 2025Mex$1.2tMex$570.3bMex$72.0b16.3x16.4x2.1x
Fri, 21 Mar 2025Mex$1.2tMex$735.1bMex$70.4b16x17.6x1.7x
Sun, 16 Feb 2025Mex$1.4tMex$885.4bMex$62.4b15.8x22.9x1.6x
Tue, 14 Jan 2025Mex$1.4tMex$868.3bMex$55.4b17x24.4x1.6x
Thu, 12 Dec 2024Mex$1.3tMex$856.4bMex$55.3b17.4x23x1.5x
Sat, 09 Nov 2024Mex$1.2tMex$844.9bMex$48.0b17.5x25.4x1.4x
Mon, 07 Oct 2024Mex$1.3tMex$856.1bMex$62.0b15.2x20.3x1.5x
Wed, 04 Sep 2024Mex$1.2tMex$863.0bMex$62.2b16.9x20x1.4x
Fri, 02 Aug 2024Mex$1.2tMex$858.4bMex$61.6b16.9x20.1x1.4x
Sun, 30 Jun 2024Mex$1.2tMex$858.6bMex$58.1b15.3x21x1.4x
Tue, 28 May 2024Mex$1.2tMex$826.1bMex$50.6b18x23.5x1.4x
Thu, 25 Apr 2024Mex$1.3tMex$851.2bMex$57.7b16.1x22.5x1.5x
Sat, 23 Mar 2024Mex$1.3tMex$864.7bMex$54.4b24.5x23.3x1.5x
Mon, 19 Feb 2024Mex$1.3tMex$887.1bMex$62.1b19.6x21x1.5x
Wed, 17 Jan 2024Mex$1.3tMex$911.3bMex$69.9b17.8x19.3x1.5x
Fri, 15 Dec 2023Mex$1.3tMex$910.3bMex$69.9b16.7x18.7x1.4x
Sun, 12 Nov 2023Mex$1.2tMex$910.7bMex$69.7b16x16.7x1.3x
Tue, 10 Oct 2023Mex$1.2tMex$942.3bMex$76.4b15.1x15.2x1.2x
Thu, 07 Sep 2023Mex$1.3tMex$940.5bMex$76.5b16.6x16.8x1.4x
Sat, 05 Aug 2023Mex$1.3tMex$948.1bMex$76.5b16x16.4x1.3x
Mon, 03 Jul 2023Mex$1.3tMex$952.7bMex$81.3b14.8x15.4x1.3x
Wed, 31 May 2023Mex$1.3tMex$954.4bMex$80.4b14.8x15.6x1.3x
Fri, 28 Apr 2023Mex$1.2tMex$962.4bMex$86.7b13.6x14.2x1.3x
Price to Earnings Ratio

14.2x


Total Market Cap: Mex$1.2tTotal Earnings: Mex$86.7bTotal Revenue: Mex$962.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Industrials Sector Price to Earnings3Y Average 19.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Mexican Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 19.3x.
  • The 3-year average PS ratio of 1.7x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 13% per year over the last three years,
  • Revenues have also declined 18% 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?

MX Market-0.72%
Industrials-1.01%
Airlines4.84%
Building0.085%
Infrastructure0.045%
Construction0%0
Trade Distributors0%0
Commercial Services0%0
Transportation-2.54%
Industrials-3.54%
Industry PE
  • Investors are most optimistic about the Industrials industry even though it's trading below its 3-year average PE ratio of 60.0x.
    • Analysts are expecting annual earnings growth of 13.3%, which is higher than its past year's earnings decline of 49.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Airlines industry, expecting annual earnings growth of 81% over the next 5 years.
  • In contrast, the Infrastructure industry is expected to see its earnings grow by 5.2% 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
GAP B Grupo Aeroportuario del Pacífico. deMex$432.066.2%
+Mex$12.7b		14.4%PE22.8x
OMA B Grupo Aeroportuario del Centro Norte. deMex$253.673.5%
+Mex$3.3b		23.5%PE18.3x
PINFRA * Promotora y Operadora de Infraestructura S. A. B. de C. VMex$293.001.9%
+Mex$2.4b		32.5%PE8.6x
VOLAR A Controladora Vuela Compañía de Aviación. deMex$13.926.2%
+Mex$930.3m		56.9%PS0.3x
AGUA * Grupo Rotoplas. deMex$12.520.2%
+Mex$9.6m		20.5%PS0.5x

Latest News

LAMOSA *
Mex$98.00
Grupo Lamosa. de
7D
0.01%
1Y
-15.2%
GAP B
Mex$432.06
Grupo Aeroportuario del Pacífico. de
7D
6.2%
1Y
14.4%
ASUR B
Mex$575.04
Grupo Aeroportuario del Sureste S. A. B. de C. V
7D
-2.6%
1Y
0.7%
TRAXION A
Mex$12.86
Grupo Traxión. de
7D
-2.5%
1Y
-14.4%
PINFRA *
Mex$293.00
Promotora y Operadora de Infraestructura S. A. B. de C. V
7D
1.9%
1Y
32.5%
GCARSO A1
Mex$143.76
Grupo Carso. de
7D
-3.6%
1Y
11.1%

GCARSO A1: Unchanged Fair Value Will Sustain Overvaluation Risk At Current Pricing

Analysts have maintained their MX$115.00 price target on Grupo Carso, making only slight adjustments to assumptions such as the discount rate, long term revenue growth, profit margin and future P/E to reflect updated views on the company’s risk profile and earnings potential. Valuation Changes Fair Value: MX$115.00 remains unchanged, indicating no adjustment to the central valuation estimate.
KUO B
Mex$57.00
Kuo. de
7D
-1.7%
1Y
50.0%
OMA B
Mex$253.67
Grupo Aeroportuario del Centro Norte. de
7D
3.5%
1Y
23.5%

OMA B: Fair Value View Will Track Traffic Trends And P/E Assumptions

Analysts have made a small upward adjustment to the MX$ price target for Grupo Aeroportuario del Centro Norte, supported by updated assumptions for revenue growth, profit margins and future P/E, following recent MX$ 35 and MX$ 8 target revisions highlighted in Street research. Analyst Commentary Bullish Takeaways Bullish analysts see the recent MX$ 8 price target increase as a signal that updated assumptions on revenue and margins still support upside against the current valuation framework.
VOLAR A
Mex$13.92
Controladora Vuela Compañía de Aviación. de
7D
6.2%
1Y
56.9%
AGUA *
Mex$12.52
Grupo Rotoplas. de
7D
0.2%
1Y
20.5%

AGUA *: Stable Fair Value And Solid P/E Will Support Future Upside

Analysts have maintained the fair value estimate for Grupo Rotoplas at MX$25.80, making only slight adjustments to the discount rate, long term revenue growth, profit margin assumptions and future P/E. This reflects a largely steady view of the company’s outlook.
POCHTEC B
Mex$6.27
Grupo Pochteca. de
7D
0.2%
1Y
-0.5%