Header cover image

Mexican (IPC) Metals and Mining Industry Analysis

UpdatedNov 18, 2024
DataAggregated Company Financials
Companies5
  • 7D-3.5%
  • 3M-2.0%
  • 1Y26.6%
  • YTD9.5%

Over the last 7 days, the Metals and Mining industry has dropped 3.5%, driven by Grupo México. de declining 3.8%. This takes the industry's 12 month performance to a gain of 27%. Looking forward, earnings are forecast to grow by 6.2% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 18 Nov 2024Mex$1.0tMex$501.6bMex$82.3b10.7x12.2x2x
Wed, 16 Oct 2024Mex$1.1tMex$472.8bMex$74.8b12.5x14.3x2.3x
Fri, 13 Sep 2024Mex$979.3bMex$467.8bMex$74.0b11.8x13.2x2.1x
Sun, 11 Aug 2024Mex$1.0tMex$454.3bMex$71.3b12.5x14.2x2.2x
Tue, 09 Jul 2024Mex$1.0tMex$419.3bMex$62.6b16.1x16.4x2.5x
Thu, 06 Jun 2024Mex$941.2bMex$410.0bMex$61.1b15.7x15.4x2.3x
Sat, 04 May 2024Mex$1.0tMex$405.0bMex$58.9b20x17.3x2.5x
Mon, 01 Apr 2024Mex$959.6bMex$400.5bMex$60.6b23.7x15.8x2.4x
Wed, 28 Feb 2024Mex$849.5bMex$422.4bMex$62.2b23.3x13.7x2x
Fri, 26 Jan 2024Mex$867.8bMex$431.6bMex$65.6b23.8x13.2x2x
Sun, 24 Dec 2023Mex$913.9bMex$427.0bMex$64.9b23.3x14.1x2.1x
Tue, 21 Nov 2023Mex$797.9bMex$432.0bMex$65.7b23.3x12.1x1.8x
Thu, 19 Oct 2023Mex$785.6bMex$446.0bMex$67.6b22.5x11.6x1.8x
Sat, 16 Sep 2023Mex$819.1bMex$424.1bMex$63.6b23.5x12.9x1.9x
Mon, 14 Aug 2023Mex$838.7bMex$421.9bMex$63.2b24.2x13.3x2x
Wed, 12 Jul 2023Mex$855.8bMex$426.7bMex$65.9b17.2x13x2x
Fri, 09 Jun 2023Mex$867.3bMex$433.3bMex$67.0b17.2x12.9x2x
Sun, 07 May 2023Mex$888.7bMex$441.0bMex$69.6b17.2x12.8x2x
Tue, 04 Apr 2023Mex$889.1bMex$451.5bMex$70.8b14.2x12.6x2x
Thu, 02 Mar 2023Mex$874.1bMex$452.8bMex$71.0b10.9x12.3x1.9x
Sat, 28 Jan 2023Mex$876.6bMex$466.4bMex$72.1b10.7x12.2x1.9x
Mon, 26 Dec 2022Mex$795.5bMex$478.5bMex$74.6b9.9x10.7x1.7x
Wed, 23 Nov 2022Mex$822.4bMex$480.4bMex$74.9b9.5x11x1.7x
Fri, 21 Oct 2022Mex$686.0bMex$506.9bMex$84.9b7.2x8.1x1.4x
Sun, 18 Sep 2022Mex$806.8bMex$505.5bMex$84.3b8.7x9.6x1.6x
Tue, 16 Aug 2022Mex$829.2bMex$501.8bMex$83.6b9x9.9x1.7x
Thu, 14 Jul 2022Mex$825.7bMex$536.3bMex$96.8b7.9x8.5x1.5x
Sat, 11 Jun 2022Mex$919.8bMex$518.4bMex$93.3b9.4x9.9x1.8x
Mon, 09 May 2022Mex$952.4bMex$512.9bMex$89.1b9.5x10.7x1.9x
Wed, 06 Apr 2022Mex$1.1tMex$509.2bMex$86.3b12.3x12.7x2.1x
Fri, 04 Mar 2022Mex$1.1tMex$515.1bMex$103.9b10.3x10.9x2.2x
Sun, 30 Jan 2022Mex$867.1bMex$512.9bMex$109.0b6.9x8x1.7x
Tue, 28 Dec 2021Mex$898.7bMex$509.6bMex$108.2b7.5x8.3x1.8x
Thu, 25 Nov 2021Mex$881.5bMex$524.6bMex$111.7b7.3x7.9x1.7x
Price to Earnings Ratio

7.9x


Total Market Cap: Mex$881.5bTotal Earnings: Mex$111.7bTotal Revenue: Mex$524.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 12.1x202220232024
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 2.0x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 9.7% 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-1.62%
Materials-3.84%
Metals and Mining-3.52%
Precious Metals and Minerals1.76%
Steel0.55%
Copper0%
Aluminum0%
Gold0%
Silver0%
Diversified Metals and Mining-4.62%
Industry PE
  • Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio of 45.4x.
    • 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 19.4x.
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 6.1% 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$304.941.8%
+Mex$2.1b
30.8%PE71.1x
ICH B Industrias CH S. A. B. de C. VMex$180.000.6%
+Mex$416.0m
-4.2%PE8.7x
AUTLAN B Compañía Minera Autlán. deMex$7.960.1%
+Mex$3.1m
-24.2%PS0.4x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.