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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedJul 07, 2026
DataAggregated Company Financials
Companies5
  • 7D2.5%
  • 3M-2.4%
  • 1Y73.9%
  • YTD12.9%

In the last week, the Metals and Mining industry is up 2.5%, with Grupo México. de up 2.3%. This takes the industry's 12 month performance to a gain of 74%. Earnings are forecast to grow by 4.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 07 Jul 2026Mex$2.1tMex$575.0bMex$134.3b22.7x15.3x3.6x
Thu, 04 Jun 2026Mex$2.2tMex$573.6bMex$133.9b19.1x16.3x3.8x
Sat, 02 May 2026Mex$2.0tMex$545.4bMex$125.0b25.9x15.7x3.6x
Mon, 30 Mar 2026Mex$1.8tMex$539.0bMex$118.1b25.2x15.6x3.4x
Wed, 25 Feb 2026Mex$2.2tMex$496.5bMex$103.5b47.4x20.9x4.4x
Fri, 23 Jan 2026Mex$2.1tMex$483.1bMex$93.8b34.5x22.2x4.3x
Sun, 21 Dec 2025Mex$1.8tMex$497.1bMex$96.8b32.2x18.1x3.5x
Tue, 18 Nov 2025Mex$1.6tMex$504.1bMex$98.2b30x16.4x3.2x
Thu, 16 Oct 2025Mex$1.6tMex$495.6bMex$88.0b21.4x18.3x3.2x
Sat, 13 Sep 2025Mex$1.5tMex$495.1bMex$87.9b20.9x16.6x3x
Mon, 11 Aug 2025Mex$1.3tMex$498.7bMex$88.6b17.4x14.5x2.6x
Wed, 09 Jul 2025Mex$1.2tMex$494.6bMex$83.2b12.8x14.2x2.4x
Fri, 06 Jun 2025Mex$1.1tMex$507.9bMex$85.4b11.8x13.2x2.2x
Sun, 04 May 2025Mex$1.0tMex$518.0bMex$88.6b10.8x11.7x2x
Tue, 01 Apr 2025Mex$1.0tMex$522.3bMex$84.1b10.9x12.4x2x
Thu, 27 Feb 2025Mex$1.0tMex$502.2bMex$82.1b10.8x12.5x2x
Sat, 25 Jan 2025Mex$1.0tMex$498.9bMex$81.8b11.1x12.6x2.1x
Mon, 23 Dec 2024Mex$981.8bMex$494.6bMex$81.1b10.7x12.1x2x
Wed, 20 Nov 2024Mex$1.0tMex$495.6bMex$81.3b11.1x12.4x2x
Fri, 18 Oct 2024Mex$1.1tMex$476.6bMex$75.5b12.2x14.1x2.2x
Sun, 15 Sep 2024Mex$1.0tMex$462.1bMex$73.1b12x13.8x2.2x
Tue, 13 Aug 2024Mex$1.0tMex$459.6bMex$72.2b12.4x14.2x2.2x
Thu, 11 Jul 2024Mex$1.1tMex$415.6bMex$62.0b15.8x16.9x2.5x
Sat, 08 Jun 2024Mex$974.2bMex$425.1bMex$63.5b15.8x15.3x2.3x
Mon, 06 May 2024Mex$1.0tMex$405.0bMex$58.9b20x17.3x2.5x
Wed, 03 Apr 2024Mex$981.7bMex$400.4bMex$60.6b23.5x16.2x2.5x
Fri, 01 Mar 2024Mex$828.5bMex$422.1bMex$62.1b23.6x13.3x2x
Sun, 28 Jan 2024Mex$878.1bMex$430.4bMex$65.5b23.5x13.4x2x
Tue, 26 Dec 2023Mex$913.9bMex$427.0bMex$64.9b23.3x14.1x2.1x
Thu, 23 Nov 2023Mex$797.9bMex$431.3bMex$65.6b23.3x12.2x1.9x
Sat, 21 Oct 2023Mex$773.9bMex$445.8bMex$67.5b21.8x11.5x1.7x
Mon, 18 Sep 2023Mex$813.9bMex$423.1bMex$63.5b23.1x12.8x1.9x
Wed, 16 Aug 2023Mex$817.9bMex$424.1bMex$63.6b24.2x12.9x1.9x
Fri, 14 Jul 2023Mex$864.9bMex$422.2bMex$65.1b17.2x13.3x2x
Price to Earnings Ratio

13.3x


Total Market Cap: Mex$864.9bTotal Earnings: Mex$65.1bTotal Revenue: Mex$422.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14.8x202420252026
Current Industry PE
  • Investors are relatively neutral on the Mexican Metals and Mining 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 14.8x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 27% per year over the last three years.
  • Revenues for these companies have grown 11% 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 Market0.28%
Materials2.23%
Metals and Mining2.51%
Diversified Metals and Mining2.67%
Precious Metals and Minerals2.26%
Steel-0.051%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 44.7x.
    • Analysts are expecting annual earnings growth of 108.4%, which is higher than its past year's earnings decline of 85.8% per year.
  • Investors are most pessimistic about the Precious Metals and Minerals industry, which is trading below its 3-year average of 49.0x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 108% over the next 5 years.
  • This is better than its past earnings decline of 86% per year.
  • In contrast, the Precious Metals and Minerals industry is expected to see its earnings growth to stay flat 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$202.782.3%
+Mex$35.3b		78.0%PE16x
MFRISCO A-1 Minera Frisco. deMex$14.3310.2%
+Mex$8.0b		290.5%PE29.5x
PE&OLES * Industrias Peñoles. deMex$781.552.3%
+Mex$6.9b		55.9%PE9.6x

Latest News

MFRISCO A-1
Mex$14.33
Minera Frisco. de
7D
10.2%
1Y
290.5%
GMEXICO B
Mex$202.78
Grupo México. de
7D
2.3%
1Y
78.0%
Narrative Update • Jun 23

GMEXICO B: Future Returns Will Hinge On Execution After Cautious Upgrades

Analysts have lifted the fair value estimate for Grupo México to MX$205.68 from MX$196.22, citing updated assumptions on revenue growth, profit margins and valuation multiples that align with recent price target increases from several major firms. Analyst Commentary Recent research on Grupo México points to a mix of optimism and caution as analysts adjust price targets and ratings.
AUTLAN B
Mex$7.57
Compañía Minera Autlán. de
7D
-1.6%
1Y
15.6%
PE&OLES *
Mex$781.55
Industrias Peñoles. de
7D
2.3%
1Y
55.9%