Mexican (IPC) Infrastructure Industry Analysis
UpdatedMay 25, 2022
DataAggregated Company Financials
Companies5
- 7D-3.8%
- 3M-1.8%
- 1Y16.6%
- YTD-0.2%
Over the last 7 days, the Infrastructure industry has dropped 3.8%, driven by declines in Grupo Aeroportuario del Pacífico. de and Grupo Aeroportuario del Sureste S. A. B. de C. V of 5.1% and 6.3%, respectively. In contrast, Promotora y Operadora de Infraestructura S. A. B. de C. V has gained 5.4%. This takes the industry's 12 month performance to a gain of 17%. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Mexican Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 26 May 2022 | Mex$421.8b | Mex$74.8b | Mex$21.8b | 17.3x |
| Sat, 23 Apr 2022 | Mex$427.9b | Mex$66.5b | Mex$19.1b | 20.2x |
| Mon, 21 Mar 2022 | Mex$430.7b | Mex$66.5b | Mex$19.1b | 20.6x |
| Wed, 16 Feb 2022 | Mex$451.3b | Mex$57.9b | Mex$14.2b | 29.1x |
| Fri, 14 Jan 2022 | Mex$431.3b | Mex$57.9b | Mex$14.2b | 27.7x |
| Sun, 12 Dec 2021 | Mex$411.3b | Mex$57.9b | Mex$14.2b | 26.2x |
| Tue, 09 Nov 2021 | Mex$420.9b | Mex$57.9b | Mex$14.2b | 26x |
| Thu, 07 Oct 2021 | Mex$389.8b | Mex$50.7b | Mex$8.9b | 38.2x |
| Sat, 04 Sep 2021 | Mex$377.6b | Mex$50.7b | Mex$8.9b | 36.4x |
| Mon, 02 Aug 2021 | Mex$373.3b | Mex$50.7b | Mex$8.9b | 36x |
| Thu, 06 May 2021 | Mex$364.3b | Mex$41.0b | Mex$4.1b | 89x |
| Sun, 07 Feb 2021 | Mex$354.6b | Mex$44.3b | Mex$6.8b | 46.1x |
| Sat, 31 Oct 2020 | Mex$297.4b | Mex$46.0b | Mex$7.6b | 25.1x |
| Tue, 04 Aug 2020 | Mex$283.4b | Mex$49.4b | Mex$10.4b | 16.8x |
| Fri, 08 May 2020 | Mex$289.1b | Mex$59.3b | Mex$17.8b | 13x |
| Mon, 10 Feb 2020 | Mex$424.6b | Mex$61.1b | Mex$18.6b | 19.4x |
| Sun, 03 Nov 2019 | Mex$362.8b | Mex$57.8b | Mex$28.0b | 16x |
| Wed, 07 Aug 2019 | Mex$336.3b | Mex$56.9b | Mex$28.2b | 14.8x |
Median PE Ratio
15.5x
Current Industry PE
- Investors are more pessimistic on the 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 17.3x which is lower than its 3-year average PE of 29.5x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have declined 7.9% per year over the last three years.
- Meanwhile revenues for these companies have grown 10% 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 Industrials industry?
| MX Market | 0.03% | |
| Industrials | 0.39% | |
| Infrastructure | -3.84% | |
| Highways and Railtracks | 2.69% | |
| Marine Ports and Services | 0% | |
| Airport Services | -5.58% | |
Industry PE
- Investors are most optimistic about the Airport Services industry even though it's trading below its 3-year average PE ratio of 30.8x.
- Analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 487% per year. So the market might believe that analysts are underestimating future growth.
- Investors are most pessimistic about the Highways and Railtracks industry, which is trading below its 3-year average of 16.9x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 13% over the next 5 years.
- In contrast, the Highways and Railtracks industry is expected to see its earnings grow by 8.2% 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 | |
|---|---|---|---|---|---|
| PINFRA * Promotora y Operadora de Infraestructura S. A. B. de C. V | Mex$151.90 | 2.2% +Mex$1.4b | -0.9% | PS11.5x |