Is It Too Late To Consider Buying Fortaleza Materiales, S.A.B. de C.V. (BMV:FORTALE)?
Fortaleza Materiales, S.A.B. de C.V. ( BMV:FORTALE ), might not be a large cap stock, but it saw a double-digit share...
Has the Mexican Materials Sector valuation changed over the past few years?
|Sat, 27 Nov 2021||Mex$1.3t||Mex$1.3t||Mex$157.0b||7.3x|
|Mon, 25 Oct 2021||Mex$1.4t||Mex$1.2t||Mex$117.3b||10.8x|
|Wed, 22 Sep 2021||Mex$1.3t||Mex$1.2t||Mex$116.3b||10.2x|
|Fri, 20 Aug 2021||Mex$1.4t||Mex$1.2t||Mex$115.2b||10.3x|
|Fri, 04 Jun 2021||Mex$1.5t||Mex$1.1t||Mex$86.4b||12.9x|
|Mon, 08 Mar 2021||Mex$1.5t||Mex$1.0t||Mex$29.2b||15.6x|
|Thu, 10 Dec 2020||Mex$1.2t||Mex$1.1t||Mex$6.6b||14.4x|
|Wed, 02 Sep 2020||Mex$974.4b||Mex$1.1t||Mex$33.5b||14.7x|
|Sat, 06 Jun 2020||Mex$787.0b||Mex$1.1t||Mex$41.5b||12.3x|
|Tue, 10 Mar 2020||Mex$819.6b||Mex$985.0b||Mex$57.6b||14.8x|
|Mon, 02 Dec 2019||Mex$916.4b||Mex$1.0t||Mex$56.6b||16.9x|
|Thu, 05 Sep 2019||Mex$866.5b||Mex$1.0t||Mex$60.2b||16.5x|
|Sun, 09 Jun 2019||Mex$910.4b||Mex$1.0t||Mex$69.6b||14.6x|
|Sat, 02 Mar 2019||Mex$983.6b||Mex$1.1t||Mex$75.6b||14.7x|
|Tue, 04 Dec 2018||Mex$950.2b||Mex$1.0t||Mex$70.0b||13x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 7.5x which is lower than its 3-year average PE of 13.9x. Given that earnings are expected to decline by 2.5%, the lower than average PE seems justified.
Past Earnings Growth: The earnings for companies in the Materials industry have grown 30% per year over the last three years, and revenues for these companies have grown 8.1% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the Mexican Materials sector?
|Metals and Mining||-3.09%|
|Paper and Forestry Products||-3.38%|
Industry PE: Investors are most optimistic about the Basic Materials industry even though it's trading below its 3-year average PE ratio of 16.9x. However analysts are expecting annual earnings growth of 8.2%, which is lower than the prior year's growth of 9.8% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Packaging industry, which is trading below its 3-year average of 7.9x.
Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 8.2% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Metals and Mining industry is expected to see its earnings decline by 6.3% per year over the next few years.
Which companies have driven the market over the last 7 days?
|CMOCTEZ * Corporación Moctezuma. de||3.0%+Mex$1.7b||17.2%||PE13x|
|GCC * Grupo Cementos de Chihuahua. de||2.7%+Mex$1.3b||40.1%||PE15x|
|ICH B Industrias CH S. A. B. de C. V||1.4%+Mex$977.7m||107.0%||PE10x|
|FORTALE * Fortaleza Materiales. de||7.8%+Mex$702.9m||-28.3%||PE7.3x|
|CYDSASA A Cydsa. de||1.3%+Mex$94.6m||-37.0%||PE24.8x|
Fortaleza Materiales. de
Grupo Cementos de Chihuahua. de
Grupo México. de
Corporación Moctezuma. de
Orbia Advance Corporation. de
Industrias CH S. A. B. de C. V
Compañía Minera Autlán. de
Industrias Peñoles. de
Proteak Uno. de
Minera Frisco. de