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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies5
  • 7D0.3%
  • 3M12.8%
  • 1Y89.4%
  • YTD11.2%

Last week, the Metals and Mining industry hasn't moved much but Industrias Peñoles. de is up 4.8% in that time. As for the the longer term, the industry is up 89% over the past 12 months. Earnings are forecast to grow by 3.1% annually.

Industry Valuation and Performance

Has the Mexican Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026Mex$2.0tMex$531.5bMex$116.3b31.7x17.4x3.8x
Sun, 08 Feb 2026Mex$2.2tMex$500.4bMex$104.6b36.2x21.1x4.4x
Tue, 06 Jan 2026Mex$1.9tMex$494.2bMex$96.2b33.3x19.5x3.8x
Thu, 04 Dec 2025Mex$1.7tMex$503.2bMex$98.1b30.7x17.6x3.4x
Sat, 01 Nov 2025Mex$1.7tMex$509.9bMex$98.9b30.4x17x3.3x
Mon, 29 Sep 2025Mex$1.6tMex$492.9bMex$87.5b21.4x18.3x3.2x
Wed, 27 Aug 2025Mex$1.3tMex$500.4bMex$88.9b16.6x14.3x2.5x
Fri, 25 Jul 2025Mex$1.2tMex$493.7bMex$82.6b13.4x14.8x2.5x
Sun, 22 Jun 2025Mex$1.1tMex$508.3bMex$85.5b11.5x12.9x2.2x
Tue, 20 May 2025Mex$1.1tMex$511.9bMex$86.1b11.3x12.4x2.1x
Thu, 17 Apr 2025Mex$1.0tMex$510.7bMex$82.3b10.8x12.5x2x
Sat, 15 Mar 2025Mex$1.1tMex$509.8bMex$82.1b11.5x13x2.1x
Mon, 10 Feb 2025Mex$1.0tMex$504.9bMex$82.8b11.1x12.6x2.1x
Wed, 08 Jan 2025Mex$980.5bMex$500.0bMex$82.0b10.8x12x2x
Fri, 06 Dec 2024Mex$1.0tMex$497.7bMex$81.6b11.2x12.7x2.1x
Sun, 03 Nov 2024Mex$1.0tMex$499.5bMex$80.1b11.1x13x2.1x
Tue, 01 Oct 2024Mex$1.1tMex$472.4bMex$74.8b12.5x14.4x2.3x
Thu, 29 Aug 2024Mex$987.9bMex$471.4bMex$74.6b11.3x13.2x2.1x
Sat, 27 Jul 2024Mex$988.7bMex$443.7bMex$71.2b12.5x13.9x2.2x
Mon, 24 Jun 2024Mex$949.6bMex$422.1bMex$63.1b16x15.1x2.2x
Wed, 22 May 2024Mex$1.1tMex$391.3bMex$57.6b18.1x19.1x2.8x
Fri, 19 Apr 2024Mex$1.0tMex$410.6bMex$62.3b23.6x16.3x2.5x
Sun, 17 Mar 2024Mex$955.9bMex$416.7bMex$61.4b23.4x15.6x2.3x
Tue, 13 Feb 2024Mex$861.6bMex$422.6bMex$62.2b23.6x13.9x2x
Thu, 11 Jan 2024Mex$870.1bMex$426.9bMex$64.9b23.5x13.4x2x
Sat, 09 Dec 2023Mex$821.9bMex$434.9bMex$66.2b23.3x12.4x1.9x
Mon, 06 Nov 2023Mex$769.7bMex$437.0bMex$66.6b24.1x11.6x1.8x
Wed, 04 Oct 2023Mex$823.7bMex$435.4bMex$65.6b22x12.6x1.9x
Fri, 01 Sep 2023Mex$847.7bMex$422.7bMex$63.4b23.9x13.4x2x
Sun, 30 Jul 2023Mex$874.4bMex$411.2bMex$61.1b19.4x14.3x2.1x
Tue, 27 Jun 2023Mex$861.3bMex$428.1bMex$66.1b17.2x13x2x
Thu, 25 May 2023Mex$864.9bMex$441.8bMex$68.5b17.2x12.6x2x
Sat, 22 Apr 2023Mex$923.8bMex$450.1bMex$70.6b14.6x13.1x2.1x
Mon, 20 Mar 2023Mex$844.9bMex$469.3bMex$73.8b14.1x11.4x1.8x
Price to Earnings Ratio

11.4x


Total Market Cap: Mex$844.9bTotal Earnings: Mex$73.8bTotal Revenue: Mex$469.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14.4x202420252026
Current Industry PE
  • Investors are optimistic on the Mexican Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 17.4x which is higher than its 3-year average PE of 14.4x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 16% per year over the last three years.
  • Revenues for these companies have grown 4.2% 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 Materials industry?

MX Market-1.44%
Materials-0.12%
Metals and Mining0.27%
Precious Metals and Minerals4.78%
Steel0.93%
Diversified Metals and Mining-0.79%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 30.0x.
    • Analysts are expecting annual earnings growth of 103.7%, which is higher than its past year's earnings decline of 89.0% per year.
  • Investors are most pessimistic about the Precious Metals and Minerals industry, which is trading below its 3-year average of 53.6x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 104% over the next 5 years.
  • This is better than its past earnings decline of 89% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 2.8% 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$956.314.8%
+Mex$17.3b		138.2%PE15.5x
ICH B Industrias CH S. A. B. de C. VMex$170.001.0%
+Mex$689.3m		-2.6%PE66.5x

Latest News

PE&OLES *
Mex$956.31
Industrias Peñoles. de
7D
4.8%
1Y
138.2%
AUTLAN B
Mex$7.31
Compañía Minera Autlán. de
7D
-1.5%
1Y
16.4%
GMEXICO B
Mex$192.20
Grupo México. de
7D
-0.8%
1Y
83.7%

GMEXICO B: Downgrade Will Expose Rich Multiples To Execution And P/E Risk

Analysts have raised their MX$ fair value estimate for Grupo México from about MX$83.00 to roughly MX$89.95. They cite updated assumptions around discount rates, revenue growth, profit margins and future P/E levels.
ICH B
Mex$170.00
Industrias CH S. A. B. de C. V
7D
1.0%
1Y
-2.6%
MFRISCO A-1
Mex$12.03
Minera Frisco. de
7D
-0.6%
1Y
263.4%