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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies5
  • 7D5.6%
  • 3M28.5%
  • 1Y66.1%
  • YTD72.6%

The Metals and Mining industry is up 5.6% in the last week, with Grupo México. de up 6.4%. This means that the industry has gained 66% over the past year. As for the next few years, earnings are expected to grow by 7.4% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 12 Nov 2025Mex$1.7tMex$505.8bMex$98.6b30.3x16.8x3.3x
Fri, 10 Oct 2025Mex$1.6tMex$493.5bMex$87.6b21.1x17.9x3.2x
Sun, 07 Sep 2025Mex$1.4tMex$501.5bMex$89.1b19.6x15.4x2.7x
Tue, 05 Aug 2025Mex$1.2tMex$497.1bMex$82.4b16.1x15.1x2.5x
Thu, 03 Jul 2025Mex$1.2tMex$498.7bMex$83.9b12.8x14.2x2.4x
Sat, 31 May 2025Mex$1.1tMex$513.7bMex$86.4b11.5x12.6x2.1x
Mon, 28 Apr 2025Mex$1.1tMex$500.5bMex$80.7b11.7x13.3x2.1x
Wed, 26 Mar 2025Mex$1.1tMex$513.1bMex$82.7b11.6x12.8x2.1x
Fri, 21 Feb 2025Mex$1.0tMex$499.9bMex$82.0b11.2x12.6x2.1x
Sun, 19 Jan 2025Mex$1.0tMex$510.6bMex$83.8b10.7x12.1x2x
Tue, 17 Dec 2024Mex$1.1tMex$496.2bMex$81.4b11.1x12.9x2.1x
Thu, 14 Nov 2024Mex$1.0tMex$504.8bMex$82.8b10.7x12.3x2x
Sat, 12 Oct 2024Mex$1.1tMex$463.8bMex$73.4b13x14.4x2.3x
Mon, 09 Sep 2024Mex$968.2bMex$479.0bMex$75.9b11.1x12.8x2x
Wed, 07 Aug 2024Mex$989.5bMex$469.1bMex$73.7b11.6x13.4x2.1x
Fri, 05 Jul 2024Mex$1.0tMex$421.3bMex$62.9b15.9x16.3x2.4x
Sun, 02 Jun 2024Mex$1.0tMex$398.2bMex$59.3b15.7x17.3x2.6x
Tue, 30 Apr 2024Mex$1.0tMex$408.8bMex$59.2b23.5x17.7x2.6x
Thu, 28 Mar 2024Mex$956.8bMex$401.0bMex$61.5b30.6x15.6x2.4x
Sat, 24 Feb 2024Mex$852.4bMex$423.5bMex$62.4b23.4x13.7x2x
Mon, 22 Jan 2024Mex$845.0bMex$429.3bMex$65.3b23.8x12.9x2x
Wed, 20 Dec 2023Mex$892.3bMex$428.7bMex$65.2b21.6x13.7x2.1x
Fri, 17 Nov 2023Mex$789.5bMex$432.4bMex$65.8b23.2x12x1.8x
Sun, 15 Oct 2023Mex$782.0bMex$442.4bMex$67.0b22.5x11.7x1.8x
Tue, 12 Sep 2023Mex$835.2bMex$427.9bMex$64.3b23.7x13x2x
Thu, 10 Aug 2023Mex$848.8bMex$422.9bMex$63.4b24.1x13.4x2x
Sat, 08 Jul 2023Mex$832.8bMex$428.4bMex$66.2b17.2x12.6x1.9x
Mon, 05 Jun 2023Mex$857.6bMex$436.5bMex$67.6b17.2x12.7x2x
Wed, 03 May 2023Mex$908.7bMex$447.8bMex$69.3b14.5x13.1x2x
Fri, 31 Mar 2023Mex$903.9bMex$452.3bMex$71.0b14.4x12.7x2x
Sun, 26 Feb 2023Mex$830.8bMex$459.6bMex$71.9b10.4x11.6x1.8x
Tue, 24 Jan 2023Mex$865.9bMex$467.7bMex$72.3b10.4x12x1.9x
Thu, 22 Dec 2022Mex$801.0bMex$484.1bMex$75.6b9.9x10.6x1.7x
Sat, 19 Nov 2022Mex$806.0bMex$480.9bMex$75.0b9.5x10.7x1.7x
Price to Earnings Ratio

10.7x


Total Market Cap: Mex$806.0bTotal Earnings: Mex$75.0bTotal Revenue: Mex$480.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 13.5x202320242025
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 16.8x which is higher than its 3-year average PE of 13.5x.
  • The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 3.3x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 9.5% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Mexican Materials industry?

MX Market2.39%
Materials4.64%
Metals and Mining5.63%
Diversified Metals and Mining5.94%
Precious Metals and Minerals5.72%
Steel0.081%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 19.3x.
    • Analysts are expecting annual earnings growth of 99.2%, which is higher than its past year's earnings decline of 80.9% per year.
  • Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 12.2x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 99% over the next 5 years.
  • This is better than its past earnings decline of 81% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 4.7% 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
GMEXICO B Grupo México. deMex$162.166.4%
+Mex$76.4b		56.2%PE15.8x
PE&OLES * Industrias Peñoles. deMex$759.655.7%
+Mex$16.3b		168.2%PE18x
ICH B Industrias CH S. A. B. de C. VMex$170.000.07%
+Mex$48.7m		-3.4%PE42.8x
AUTLAN B Compañía Minera Autlán. deMex$7.560.4%
+Mex$9.4m		-4.9%PS0.4x

Latest News

MFRISCO A-1
Mex$8.53
Minera Frisco. de
7D
-4.7%
1Y
140.3%
PE&OLES *
Mex$759.65
Industrias Peñoles. de
7D
5.7%
1Y
168.2%

Industrias Peñoles. de's (BMV:PE&OLES) Performance Is Even Better Than Its Earnings Suggest

Nov 04
Industrias Peñoles. de's (BMV:PE&OLES) Performance Is Even Better Than Its Earnings Suggest
GMEXICO B
Mex$162.16
Grupo México. de
7D
6.4%
1Y
56.2%

GMEXICO B: Future Copper Prices And Project Delays Will Define Stock Outlook

Grupo México's analyst price target has been raised from MXN 143.83 to MXN 149.46, as analysts highlight improved commodity price outlooks along with adjusted revenue and profit margin expectations. Analyst Commentary Bullish Takeaways Bullish analysts have increased their price targets for Grupo México, reflecting optimistic expectations for strong commodity pricing, particularly in copper and gold.
ICH B
Mex$170.00
Industrias CH S. A. B. de C. V
7D
0.07%
1Y
-3.4%
AUTLAN B
Mex$7.56
Compañía Minera Autlán. de
7D
0.4%
1Y
-4.9%