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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedDec 18, 2024
DataAggregated Company Financials
Companies5
  • 7D-4.1%
  • 3M-1.2%
  • 1Y12.6%
  • YTD9.2%

Over the last 7 days, the Metals and Mining industry has dropped 4.1%, driven by a pullback from Grupo México. de of 3.7%. Over the past 12 months, the industry was up 13%. Looking forward, earnings are forecast to grow by 5.9% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 18 Dec 2024Mex$1.0tMex$497.2bMex$81.6b10.8x12.6x2.1x
Fri, 15 Nov 2024Mex$1.0tMex$503.1bMex$82.5b10.8x12.2x2x
Sun, 13 Oct 2024Mex$1.1tMex$463.8bMex$73.4b13x14.8x2.3x
Tue, 10 Sep 2024Mex$969.7bMex$476.8bMex$75.5b11.2x12.8x2x
Thu, 08 Aug 2024Mex$985.5bMex$464.0bMex$72.9b11.9x13.5x2.1x
Sat, 06 Jul 2024Mex$1.0tMex$421.2bMex$62.9b15.7x16.3x2.4x
Mon, 03 Jun 2024Mex$1.0tMex$398.2bMex$59.3b15.7x17.3x2.6x
Wed, 01 May 2024Mex$1.1tMex$411.0bMex$59.6b22.9x17.8x2.6x
Fri, 29 Mar 2024Mex$959.5bMex$401.7bMex$60.8b23.7x15.8x2.4x
Sun, 25 Feb 2024Mex$852.4bMex$423.5bMex$62.4b23.4x13.7x2x
Tue, 23 Jan 2024Mex$822.1bMex$431.0bMex$65.5b23.6x12.5x1.9x
Thu, 21 Dec 2023Mex$892.3bMex$430.5bMex$65.5b22.1x13.6x2.1x
Sat, 18 Nov 2023Mex$789.5bMex$432.0bMex$65.7b23.3x12x1.8x
Mon, 16 Oct 2023Mex$782.0bMex$442.4bMex$67.0b22.5x11.7x1.8x
Wed, 13 Sep 2023Mex$837.2bMex$426.9bMex$64.1b23.7x13.1x2x
Fri, 11 Aug 2023Mex$862.8bMex$422.6bMex$63.4b24.3x13.6x2x
Sun, 09 Jul 2023Mex$848.6bMex$428.4bMex$66.2b17.2x12.8x2x
Tue, 06 Jun 2023Mex$857.6bMex$434.9bMex$67.3b17.2x12.7x2x
Thu, 04 May 2023Mex$904.1bMex$447.9bMex$70.5b14.4x12.8x2x
Sat, 01 Apr 2023Mex$889.1bMex$450.9bMex$70.7b14.2x12.6x2x
Mon, 27 Feb 2023Mex$830.8bMex$459.6bMex$71.2b10.4x11.7x1.8x
Wed, 25 Jan 2023Mex$879.6bMex$467.3bMex$72.2b10.5x12.2x1.9x
Fri, 23 Dec 2022Mex$788.1bMex$482.5bMex$75.3b9.9x10.5x1.6x
Sun, 20 Nov 2022Mex$806.0bMex$480.9bMex$75.0b9.5x10.7x1.7x
Tue, 18 Oct 2022Mex$702.0bMex$507.5bMex$85.0b7.3x8.3x1.4x
Thu, 15 Sep 2022Mex$812.4bMex$504.4bMex$84.1b8.8x9.7x1.6x
Sat, 13 Aug 2022Mex$844.1bMex$502.2bMex$83.7b9x10.1x1.7x
Mon, 11 Jul 2022Mex$852.5bMex$529.2bMex$95.4b8.3x8.9x1.6x
Wed, 08 Jun 2022Mex$991.7bMex$511.3bMex$91.9b10.1x10.8x1.9x
Fri, 06 May 2022Mex$962.9bMex$516.9bMex$90.0b9.5x10.7x1.9x
Sun, 03 Apr 2022Mex$1.1tMex$508.0bMex$86.0b13x13.1x2.2x
Tue, 01 Mar 2022Mex$1.0tMex$508.7bMex$102.3b9.5x10.1x2x
Thu, 27 Jan 2022Mex$878.4bMex$508.7bMex$108.0b7.1x8.1x1.7x
Sat, 25 Dec 2021Mex$885.2bMex$508.0bMex$107.8b7.5x8.2x1.7x
Price to Earnings Ratio

8.2x


Total Market Cap: Mex$885.2bTotal Earnings: Mex$107.8bTotal Revenue: Mex$508.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 12.3x202220232024
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 12.3x.
  • The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 8.9% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

MX Market-1.10%
Materials-3.55%
Metals and Mining-4.13%
Copper0%
Aluminum0%
Gold0%
Silver0%
Steel-1.53%
Diversified Metals and Mining-3.55%
Precious Metals and Minerals-9.23%
Industry PE
  • Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio of 47.1x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Steel industry, which is trading below its 3-year average of 19.3x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 20% over the next 5 years.
  • However this is lower than its past earnings growth rate of 156% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 5.9% 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
MFRISCO A-1 Minera Frisco. deMex$3.591.4%
+Mex$302.3m
53.4%PS2.3x
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