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Mexican (IPC) Materials Sector Analysis

UpdatedJan 29, 2026
DataAggregated Company Financials
Companies14
  • 7D4.1%
  • 3M24.9%
  • 1Y97.9%
  • YTD18.0%

The Materials is pretty flat in the last 7 days, but Industrias Peñoles. de has stood out, gaining 9.8%. As for the the longer term, the industry is up 96% over the past 12 months. Looking forward, earnings are forecast to grow by 11% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 29 Jan 2026Mex$2.7tMex$1.1tMex$111.3b20.9x23.9x2.5x
Sat, 27 Dec 2025Mex$2.4tMex$1.1tMex$115.6b18.2x20.5x2.1x
Mon, 24 Nov 2025Mex$2.1tMex$1.3tMex$118.6b15.2x17.3x1.6x
Wed, 22 Oct 2025Mex$2.0tMex$1.3tMex$110.6b15.9x18.5x1.6x
Fri, 19 Sep 2025Mex$1.9tMex$1.3tMex$110.3b15.2x17x1.5x
Sun, 17 Aug 2025Mex$1.7tMex$1.1tMex$112.9b13.9x15.3x1.5x
Tue, 15 Jul 2025Mex$1.6tMex$1.1tMex$110.6b12.8x14.5x1.4x
Thu, 12 Jun 2025Mex$1.5tMex$1.2tMex$111.6b11.8x13.8x1.3x
Sat, 10 May 2025Mex$1.4tMex$1.2tMex$115.9b10.8x12.5x1.2x
Mon, 07 Apr 2025Mex$1.3tMex$1.2tMex$115.7b9.9x11.2x1.1x
Wed, 05 Mar 2025Mex$1.4tMex$1.2tMex$117.9b10x11.5x1.1x
Fri, 31 Jan 2025Mex$1.4tMex$1.2tMex$94.6b9.7x14.4x1.1x
Sun, 29 Dec 2024Mex$1.3tMex$1.2tMex$93.3b9.9x14.3x1.1x
Tue, 26 Nov 2024Mex$1.4tMex$1.2tMex$93.2b10.1x14.8x1.1x
Thu, 24 Oct 2024Mex$1.4tMex$1.2tMex$83.8b11.5x17.2x1.2x
Sat, 21 Sep 2024Mex$1.4tMex$1.2tMex$82.5b11.3x17x1.2x
Mon, 19 Aug 2024Mex$1.4tMex$1.1tMex$79.3b11.8x17.8x1.3x
Wed, 17 Jul 2024Mex$1.4tMex$1.1tMex$68.1b12.4x21x1.4x
Fri, 14 Jun 2024Mex$1.3tMex$1.1tMex$71.3b11.2x18.5x1.2x
Sun, 12 May 2024Mex$1.4tMex$1.0tMex$64.8b13.8x22x1.4x
Tue, 09 Apr 2024Mex$1.5tMex$1.0tMex$67.6b14.8x22x1.5x
Thu, 07 Mar 2024Mex$1.3tMex$1.1tMex$69.8b12.3x18x1.2x
Sat, 03 Feb 2024Mex$1.3tMex$1.1tMex$90.2b14.7x14.9x1.2x
Mon, 01 Jan 2024Mex$1.4tMex$1.1tMex$88.4b17.4x15.7x1.2x
Wed, 29 Nov 2023Mex$1.2tMex$1.1tMex$89.1b15.1x13.2x1x
Fri, 27 Oct 2023Mex$1.2tMex$1.2tMex$92.9b14.7x12.6x1x
Sun, 24 Sep 2023Mex$1.2tMex$1.1tMex$90.8b16.6x13.6x1.1x
Tue, 22 Aug 2023Mex$1.3tMex$1.1tMex$90.1b16.3x14x1.1x
Thu, 20 Jul 2023Mex$1.3tMex$1.1tMex$99.3b14.6x13x1.1x
Sat, 17 Jun 2023Mex$1.3tMex$1.2tMex$101.7b14.1x13x1.1x
Mon, 15 May 2023Mex$1.3tMex$1.2tMex$105.1b14.3x12.1x1.1x
Wed, 12 Apr 2023Mex$1.3tMex$1.2tMex$113.6b12x11.8x1.1x
Fri, 10 Mar 2023Mex$1.2tMex$1.2tMex$113.1b11x10.8x1x
Sun, 05 Feb 2023Mex$1.3tMex$1.3tMex$125.5b10.5x10.2x1x
Price to Earnings Ratio

10.2x


Total Market Cap: Mex$1.3tTotal Earnings: Mex$125.5bTotal Revenue: Mex$1.3tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Materials Sector Price to Earnings3Y Average 15.4x202420252026
Current Industry PE
  • Investors are optimistic on the Mexican Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 23.9x which is higher than its 3-year average PE of 15.4x.
  • The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 2.5x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have declined 4.0% per year over the last three years,
  • Revenues have also declined 5.1% 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 Materials sector?

MX Market2.49%
Materials4.13%
Metals and Mining5.19%
Paper and Forestry Products3.87%
Chemicals1.74%
Basic Materials-0.26%
Packaging-0.99%
Industry PE
  • Investors are most optimistic about the Metals and Mining industry which is trading above its 3-year average PE ratio of 14.1x.
    • Analysts are expecting annual earnings growth of 9.8%, which is lower than the prior year's growth of 20.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 78% over the next 5 years.
  • This is better than its past earnings decline of 81% per year.
  • In contrast, the Basic Materials industry is expected to see its earnings grow by 6.5% 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
PE&OLES * Industrias Peñoles. deMex$1.20k10.1%
+Mex$43.7b		318.7%PE30.3x
GMEXICO B Grupo México. deMex$201.152.8%
+Mex$42.4b		98.4%PE20.9x
MFRISCO A-1 Minera Frisco. deMex$14.3144.4%
+Mex$26.6b		327.2%PE93x
ICH B Industrias CH S. A. B. de C. VMex$173.773.0%
+Mex$2.1b		2.9%PE43.8x
ORBIA * Orbia Advance Corporation. deMex$18.403.5%
+Mex$1.2b		34.2%PS0.3x

Latest News

MFRISCO A-1
Mex$14.31
Minera Frisco. de
7D
44.4%
1Y
327.2%

Subdued Growth No Barrier To Minera Frisco, S.A.B. de C.V. (BMV:MFRISCOA-1) With Shares Advancing 59%

Jan 29
Subdued Growth No Barrier To Minera Frisco, S.A.B. de C.V. (BMV:MFRISCOA-1) With Shares Advancing 59%
CEMEX CPO
Mex$22.65
CEMEX. de
7D
0.1%
1Y
86.9%
ORBIA *
Mex$18.40
Orbia Advance Corporation. de
7D
3.5%
1Y
34.2%

Orbia Advance Corporation, S.A.B. de C.V. (BMV:ORBIA) Shares Could Be 45% Below Their Intrinsic Value Estimate

Jan 27
Orbia Advance Corporation, S.A.B. de C.V. (BMV:ORBIA) Shares Could Be 45% Below Their Intrinsic Value Estimate
ALPEK A
Mex$8.89
ALPEK. de
7D
-0.4%
1Y
-39.1%

Tariffs And Footprint Optimization Will Support A Stronger Long Term Earnings Mix

Catalysts About ALPEK. de Alpek is a petrochemical company with core operations in polyester, plastics and chemicals, focused largely on the North American market.
ICH B
Mex$173.77
Industrias CH S. A. B. de C. V
7D
3.0%
1Y
2.9%
GCC *
Mex$196.71
GCC. de
7D
0.3%
1Y
2.1%

Renewable And Infrastructure Projects Will Support Cement Demand While Margins Face Cost Pressures

Catalysts About GCC. de GCC supplies cement, concrete and related construction materials in the United States and Mexico.
CONVER A
Mex$1.88
Convertidora Industrial. de
7D
-3.6%
1Y
-6.0%
GMEXICO B
Mex$201.15
Grupo México. de
7D
2.8%
1Y
98.4%

GMEXICO B: Future Returns Will Depend On Vulnerable Elevated Copper Prices

Analysts have adjusted their price target for Grupo México, highlighting a slightly higher fair value that is supported by modest tweaks to assumptions for discount rate, revenue growth, profit margin and future P/E. Valuation Changes Fair Value: updated from MX$156.32 to MX$163.93, reflecting a small upward adjustment in the implied valuation range.
PE&OLES *
Mex$1,201.05
Industrias Peñoles. de
7D
10.1%
1Y
318.7%
CMOCTEZ *
Mex$81.00
Corporación Moctezuma. de
7D
-2.4%
1Y
8.7%

Why Investors Shouldn't Be Surprised By Corporación Moctezuma, S.A.B. de C.V.'s (BMV:CMOCTEZ) P/E

Jan 17
Why Investors Shouldn't Be Surprised By Corporación Moctezuma, S.A.B. de C.V.'s (BMV:CMOCTEZ) P/E
VITRO A
Mex$5.90
Vitro. de
7D
-0.8%
1Y
-22.9%

We Like The Quality Of Vitro. de's (BMV:VITROA) Earnings

Nov 06
We Like The Quality Of Vitro. de's (BMV:VITROA) Earnings
CYDSASA A
Mex$17.00
Cydsa. de
7D
-0.3%
1Y
0%
AUTLAN B
Mex$7.55
Compañía Minera Autlán. de
7D
1.6%
1Y
13.7%