Promotora y Operadora de Infraestructura, S. A. B. de C. V. (BMV:PINFRA) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 16
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Mexican (IPC) Infrastructure Industry Analysis
UpdatedNov 18, 2024
DataAggregated Company Financials
Companies5
- 7D5.2%
- 3M18.5%
- 1Y30.4%
- YTD26.3%
In the last week, the Infrastructure industry is up 5.2%, with Aleatica. de up 24%. This takes the industry's 12 month performance to a gain of 30%. Looking forward, earnings are forecast to grow by 11% annually.
Industry Valuation and Performance
Has the Mexican Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 18 Nov 2024 | Mex$632.8b | Mex$105.2b | Mex$36.6b | 12.6x | 17.3x | 6x |
| Wed, 16 Oct 2024 | Mex$563.9b | Mex$100.8b | Mex$35.8b | 13.8x | 15.7x | 5.6x |
| Fri, 13 Sep 2024 | Mex$550.3b | Mex$100.8b | Mex$35.8b | 13.6x | 15.4x | 5.5x |
| Sun, 11 Aug 2024 | Mex$513.3b | Mex$100.8b | Mex$35.8b | 12.8x | 14.3x | 5.1x |
| Tue, 09 Jul 2024 | Mex$487.3b | Mex$106.7b | Mex$32.9b | 14.7x | 14.8x | 4.6x |
| Thu, 06 Jun 2024 | Mex$508.3b | Mex$106.7b | Mex$32.9b | 15.1x | 15.5x | 4.8x |
| Sat, 04 May 2024 | Mex$537.3b | Mex$105.5b | Mex$33.2b | 16.1x | 16.2x | 5.1x |
| Mon, 01 Apr 2024 | Mex$491.1b | Mex$102.5b | Mex$32.0b | 13.9x | 15.4x | 4.8x |
| Wed, 28 Feb 2024 | Mex$479.7b | Mex$102.0b | Mex$31.1b | 14.6x | 15.4x | 4.7x |
| Fri, 26 Jan 2024 | Mex$465.7b | Mex$101.2b | Mex$30.4b | 14.4x | 15.3x | 4.6x |
| Sun, 24 Dec 2023 | Mex$511.9b | Mex$101.2b | Mex$30.4b | 15.4x | 16.9x | 5.1x |
| Tue, 21 Nov 2023 | Mex$432.7b | Mex$101.2b | Mex$30.4b | 13.6x | 14.2x | 4.3x |
| Thu, 19 Oct 2023 | Mex$417.2b | Mex$99.1b | Mex$29.6b | 12.6x | 14.1x | 4.2x |
| Sat, 16 Sep 2023 | Mex$491.0b | Mex$99.1b | Mex$29.6b | 16.6x | 16.6x | 5x |
| Mon, 14 Aug 2023 | Mex$486.5b | Mex$99.1b | Mex$29.6b | 15.8x | 16.4x | 4.9x |
| Wed, 12 Jul 2023 | Mex$499.5b | Mex$95.9b | Mex$29.1b | 16.9x | 17.1x | 5.2x |
| Fri, 09 Jun 2023 | Mex$503.8b | Mex$95.9b | Mex$29.1b | 17.2x | 17.3x | 5.3x |
| Sun, 07 May 2023 | Mex$510.4b | Mex$96.4b | Mex$28.9b | 15.9x | 17.6x | 5.3x |
| Tue, 04 Apr 2023 | Mex$545.8b | Mex$92.1b | Mex$28.2b | 18.1x | 19.4x | 5.9x |
| Thu, 02 Mar 2023 | Mex$527.6b | Mex$80.7b | Mex$24.3b | 18.2x | 21.7x | 6.5x |
| Sat, 28 Jan 2023 | Mex$521.9b | Mex$86.1b | Mex$27.0b | 17.3x | 19.3x | 6.1x |
| Mon, 26 Dec 2022 | Mex$482.4b | Mex$86.1b | Mex$27.0b | 15.9x | 17.9x | 5.6x |
| Wed, 23 Nov 2022 | Mex$481.2b | Mex$86.1b | Mex$27.0b | 16x | 17.8x | 5.6x |
| Fri, 21 Oct 2022 | Mex$433.4b | Mex$81.2b | Mex$25.3b | 15.5x | 17.1x | 5.3x |
| Sun, 18 Sep 2022 | Mex$410.0b | Mex$81.2b | Mex$25.3b | 15.4x | 16.2x | 5.1x |
| Tue, 16 Aug 2022 | Mex$423.2b | Mex$81.2b | Mex$25.3b | 15.1x | 16.7x | 5.2x |
| Thu, 14 Jul 2022 | Mex$395.0b | Mex$74.8b | Mex$21.8b | 15.5x | 18.1x | 5.3x |
| Sat, 11 Jun 2022 | Mex$405.7b | Mex$74.8b | Mex$21.8b | 17x | 18.6x | 5.4x |
| Mon, 09 May 2022 | Mex$419.6b | Mex$74.8b | Mex$21.8b | 17.2x | 19.3x | 5.6x |
| Wed, 06 Apr 2022 | Mex$459.0b | Mex$66.5b | Mex$19.1b | 21.4x | 24x | 6.9x |
| Fri, 04 Mar 2022 | Mex$432.7b | Mex$66.5b | Mex$19.1b | 20.7x | 22.7x | 6.5x |
| Sun, 30 Jan 2022 | Mex$411.7b | Mex$57.9b | Mex$14.2b | 26.3x | 28.9x | 7.1x |
| Tue, 28 Dec 2021 | Mex$421.2b | Mex$57.9b | Mex$14.2b | 26.9x | 29.6x | 7.3x |
| Thu, 25 Nov 2021 | Mex$412.0b | Mex$57.9b | Mex$14.2b | 26.2x | 28.9x | 7.1x |
Price to Earnings Ratio
28.9x
Current Industry PE
- Investors are relatively neutral on the Mexican Infrastructure 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 18.3x.
- The industry is trading close to its 3-year average PS ratio of 5.5x.
Past Earnings Growth
- The earnings for companies in the Infrastructure industry have grown 37% per year over the last three years.
- Revenues for these companies have grown 22% 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 Industrials industry?
| MX Market | -1.62% | |
| Industrials | 1.63% | |
| Infrastructure | 5.22% | |
| Highways and Railtracks | 15.60% | |
| Airport Services | 0.28% | |
| Marine Ports and Services | 0% | |
Industry PE
- Investors are most optimistic about the Highways and Railtracks industry, which is trading close to its 3-year average PE ratio of 22.7x.
- Analysts are expecting annual earnings growth of 4.2%, which is higher than its past year's earnings decline of 12.8% per year.
- Investors are most pessimistic about the Airport Services industry, which is trading below its 3-year average of 17.3x.
Forecasted Growth
- Analysts are most optimistic on the Airport Services industry, expecting annual earnings growth of 13% over the next 5 years.
- This is better than its past earnings growth rate of 2.1% per year.
- In contrast, the Highways and Railtracks industry is expected to see its earnings grow by 4.2% 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 | |
|---|---|---|---|---|---|
| ALEATIC * Aleatica. de | Mex$87.04 | 6.1% +Mex$8.7b | n/a | PE72.6x | |
| GAP B Grupo Aeroportuario del Pacífico. de | Mex$370.33 | 2.3% +Mex$4.2b | 51.5% | PE21.4x | |
| PINFRA * Promotora y Operadora de Infraestructura S. A. B. de C. V | Mex$176.53 | 1.9% +Mex$1.4b | 4.6% | PE9.4x |
