Industrias Peñoles, S.A.B. de C.V.'s (BMV:PE&OLES) Intrinsic Value Is Potentially 74% Above Its Share Price
Dec 02
Mexican (IPC) Metals and Mining Industry Analysis
UpdatedDec 04, 2023
DataAggregated Company Financials
Companies6
- 7D4.0%
- 3M-2.3%
- 1Y-2.1%
- YTD8.9%
Over the last 7 days, the Metals and Mining industry has dropped 4.6%, driven by a pullback from Grupo México. de of 5.8%. Over the last year, the industry has been flat overall. Earnings are forecast to grow by 7.8% annually.
Industry Valuation and Performance
Has the Mexican Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 04 Dec 2023 | Mex$818.3b | Mex$431.4b | Mex$65.6b | 23.7x | 12.5x | 1.9x |
| Wed, 01 Nov 2023 | Mex$772.2b | Mex$448.9b | Mex$68.6b | 24.7x | 11.3x | 1.7x |
| Fri, 29 Sep 2023 | Mex$820.6b | Mex$433.0b | Mex$65.1b | 23.2x | 12.6x | 1.9x |
| Sun, 27 Aug 2023 | Mex$832.8b | Mex$416.7b | Mex$62.4b | 24.2x | 13.4x | 2x |
| Tue, 25 Jul 2023 | Mex$867.5b | Mex$415.6b | Mex$62.4b | 20x | 13.9x | 2.1x |
| Thu, 22 Jun 2023 | Mex$873.7b | Mex$428.0b | Mex$66.1b | 17.2x | 13.2x | 2x |
| Sat, 20 May 2023 | Mex$843.1b | Mex$440.5b | Mex$68.3b | 17.2x | 12.4x | 1.9x |
| Mon, 17 Apr 2023 | Mex$941.0b | Mex$450.9b | Mex$70.7b | 14.6x | 13.3x | 2.1x |
| Wed, 15 Mar 2023 | Mex$860.7b | Mex$462.5b | Mex$72.7b | 13.9x | 11.8x | 1.9x |
| Fri, 10 Feb 2023 | Mex$861.8b | Mex$466.9b | Mex$72.2b | 10.6x | 11.9x | 1.8x |
| Sun, 08 Jan 2023 | Mex$836.8b | Mex$474.0b | Mex$73.9b | 10.1x | 11.3x | 1.8x |
| Tue, 06 Dec 2022 | Mex$828.5b | Mex$486.1b | Mex$75.9b | 9.8x | 10.9x | 1.7x |
| Thu, 03 Nov 2022 | Mex$775.7b | Mex$484.4b | Mex$75.6b | 9.7x | 10.3x | 1.6x |
| Sat, 01 Oct 2022 | Mex$728.2b | Mex$507.9b | Mex$85.1b | 7.6x | 8.6x | 1.4x |
| Mon, 29 Aug 2022 | Mex$811.2b | Mex$502.9b | Mex$83.8b | 8.8x | 9.7x | 1.6x |
| Wed, 27 Jul 2022 | Mex$799.3b | Mex$530.5b | Mex$96.8b | 7.4x | 8.3x | 1.5x |
| Fri, 24 Jun 2022 | Mex$823.6b | Mex$520.5b | Mex$93.7b | 8.2x | 8.8x | 1.6x |
| Sun, 22 May 2022 | Mex$997.5b | Mex$510.7b | Mex$94.6b | 9.2x | 10.5x | 2x |
| Tue, 19 Apr 2022 | Mex$1.1t | Mex$510.5b | Mex$86.6b | 12.9x | 12.2x | 2.1x |
| Thu, 17 Mar 2022 | Mex$1.0t | Mex$526.7b | Mex$89.8b | 11.8x | 11.3x | 1.9x |
| Sat, 12 Feb 2022 | Mex$985.6b | Mex$503.3b | Mex$106.7b | 7.9x | 9.2x | 2x |
| Mon, 10 Jan 2022 | Mex$900.7b | Mex$504.4b | Mex$107.0b | 7.4x | 8.4x | 1.8x |
| Wed, 08 Dec 2021 | Mex$920.1b | Mex$520.0b | Mex$110.6b | 7.6x | 8.3x | 1.8x |
| Fri, 05 Nov 2021 | Mex$886.7b | Mex$506.6b | Mex$107.4b | 7.9x | 8.3x | 1.8x |
| Sun, 03 Oct 2021 | Mex$808.2b | Mex$476.9b | Mex$101.7b | 7.5x | 7.9x | 1.7x |
| Tue, 31 Aug 2021 | Mex$923.6b | Mex$465.1b | Mex$98.9b | 9x | 9.3x | 2x |
| Wed, 07 Jul 2021 | Mex$924.7b | Mex$465.1b | Mex$98.9b | 8.9x | 9.4x | 2x |
| Sat, 10 Apr 2021 | Mex$1.0t | Mex$419.8b | Mex$83.5b | 13.4x | 12.3x | 2.4x |
| Fri, 01 Jan 2021 | Mex$857.1b | Mex$374.5b | Mex$41.8b | 14.4x | 20.5x | 2.3x |
Price to Earnings Ratio
28.6x
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 12.1x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 36% per year over the last three years.
- Revenues for these companies have grown 3.8% 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 | 1.21% | |
| Materials | 3.26% | |
| Metals and Mining | 4.02% | |
| Precious Metals and Minerals | 15.85% | |
| Diversified Metals and Mining | 2.92% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Gold | 0% | |
| Silver | 0% | |
| Steel | -0.56% | |
Industry PE
- Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio of 13.4x.
- Analysts are expecting annual earnings growth of 69.5%, which is higher than its past year's earnings growth of 32.7% per year.
- Investors are most pessimistic about the Diversified Metals and Mining industry, which is trading below its 3-year average of 10.8x.
Forecasted Growth
- Analysts are most optimistic on the Precious Metals and Minerals industry, expecting annual earnings growth of 69% over the next 5 years.
- This is better than its past earnings growth rate of 33% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings decline by 2.3% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GMEXICO B Grupo México. de | Mex$79.36 | 7.4% +Mex$42.8b | 0.9% | PE10.1x | |
| PE&OLES * Industrias Peñoles. de | Mex$260.10 | 10.3% +Mex$9.7b | -2.3% | PE50.7x | |
| ICH B Industrias CH S. A. B. de C. V | Mex$190.80 | 4.1% +Mex$3.1b | -8.9% | PE23.7x | |
| MFRISCO A-1 Minera Frisco. de | Mex$2.37 | 9.7% +Mex$1.3b | -6.0% | PE111.3x |
