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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedMay 09, 2026
DataAggregated Company Financials
Companies5
  • 7D8.6%
  • 3M-3.2%
  • 1Y103.0%
  • YTD17.5%

In the last week, the Metals and Mining industry is up 8.6%, with all of the companies up. In the last 12 months, the industry was up 103%. As for the next few years, earnings are forecast to decline by 1.8% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 10 May 2026Mex$2.1tMex$568.7bMex$132.5b18.2x16.1x3.8x
Tue, 07 Apr 2026Mex$2.0tMex$529.4bMex$115.8b26.9x17.2x3.8x
Thu, 05 Mar 2026Mex$2.1tMex$507.1bMex$106.0b45.3x20.1x4.2x
Sat, 31 Jan 2026Mex$2.3tMex$506.0bMex$105.9b34.5x21.3x4.5x
Mon, 29 Dec 2025Mex$1.9tMex$493.6bMex$96.0b33.8x19.4x3.8x
Wed, 26 Nov 2025Mex$1.7tMex$505.9bMex$98.6b30.3x16.9x3.3x
Fri, 24 Oct 2025Mex$1.6tMex$493.8bMex$87.6b20.8x18.3x3.3x
Sun, 21 Sep 2025Mex$1.4tMex$493.8bMex$87.6b20.2x16.4x2.9x
Tue, 19 Aug 2025Mex$1.3tMex$503.1bMex$89.4b16.5x14.5x2.6x
Thu, 17 Jul 2025Mex$1.2tMex$497.7bMex$83.7b12.6x14.1x2.4x
Sat, 14 Jun 2025Mex$1.1tMex$502.6bMex$84.5b11.7x13.4x2.2x
Mon, 12 May 2025Mex$1.1tMex$514.9bMex$86.5b10.9x12.2x2x
Wed, 09 Apr 2025Mex$945.3bMex$530.2bMex$85.3b9.7x11.1x1.8x
Fri, 07 Mar 2025Mex$1.0tMex$501.0bMex$84.7b10.8x12x2x
Sun, 02 Feb 2025Mex$1.0tMex$509.0bMex$83.5b10.6x12x2x
Tue, 31 Dec 2024Mex$971.7bMex$507.6bMex$83.3b10.2x11.7x1.9x
Thu, 28 Nov 2024Mex$988.3bMex$506.7bMex$83.1b10.4x11.9x2x
Sat, 26 Oct 2024Mex$1.1tMex$487.0bMex$73.9b12.7x14.5x2.2x
Mon, 23 Sep 2024Mex$1.0tMex$466.3bMex$73.8b11.8x13.7x2.2x
Wed, 21 Aug 2024Mex$1.0tMex$457.5bMex$72.3b12.2x14.2x2.3x
Fri, 19 Jul 2024Mex$1.0tMex$419.3bMex$62.6b15.8x16.3x2.4x
Sun, 16 Jun 2024Mex$922.1bMex$429.0bMex$64.2b15.8x14.4x2.1x
Tue, 14 May 2024Mex$1.0tMex$395.0bMex$58.2b18.1x17.3x2.6x
Thu, 11 Apr 2024Mex$1.1tMex$397.8bMex$60.1b23.9x17.9x2.7x
Sat, 09 Mar 2024Mex$845.4bMex$418.8bMex$61.8b23.5x13.7x2x
Mon, 05 Feb 2024Mex$884.7bMex$429.8bMex$65.3b23.6x13.5x2.1x
Wed, 03 Jan 2024Mex$922.0bMex$427.9bMex$65.0b23.8x14.2x2.2x
Fri, 01 Dec 2023Mex$780.5bMex$434.9bMex$66.2b23.7x11.8x1.8x
Sun, 29 Oct 2023Mex$786.2bMex$447.8bMex$68.5b21.5x11.5x1.8x
Tue, 26 Sep 2023Mex$818.3bMex$429.9bMex$64.6b22.3x12.7x1.9x
Thu, 24 Aug 2023Mex$843.6bMex$417.6bMex$62.5b23.4x13.5x2x
Sat, 22 Jul 2023Mex$855.4bMex$425.1bMex$65.6b17.2x13x2x
Mon, 19 Jun 2023Mex$892.3bMex$426.6bMex$65.9b17.2x13.5x2.1x
Wed, 17 May 2023Mex$872.6bMex$435.2bMex$68.5b17.2x12.7x2x
Price to Earnings Ratio

12.7x


Total Market Cap: Mex$872.6bTotal Earnings: Mex$68.5bTotal Revenue: Mex$435.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14.6x202420252026
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 14.6x.
  • The 3-year average PS ratio of 2.5x is lower than the industry's current PS ratio of 3.8x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 25% per year over the last three years.
  • Revenues for these companies have grown 9.4% 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 Market2.55%
Materials7.61%
Metals and Mining8.63%
Precious Metals and Minerals15.37%
Diversified Metals and Mining7.48%
Steel0.24%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 39.5x.
    • Analysts are expecting annual earnings growth of 108.4%, which is higher than its past year's earnings decline of 89.0% per year.
  • Investors are most pessimistic about the Precious Metals and Minerals industry, which is trading below its 3-year average of 51.1x.
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 89% per year.
  • In contrast, the Precious Metals and Minerals industry is expected to see its earnings decline by 13% 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$203.736.6%
+Mex$97.5b		98.3%PE16.2x
PE&OLES * Industrias Peñoles. deMex$1.02k16.2%
+Mex$56.6b		145.4%PE12.7x
MFRISCO A-1 Minera Frisco. deMex$9.601.6%
+Mex$906.9m		184.0%PE19.7x
ICH B Industrias CH S. A. B. de C. VMex$163.700.1%
+Mex$81.1m		-9.9%PE64.1x
AUTLAN B Compañía Minera Autlán. deMex$7.541.6%
+Mex$37.8m		7.6%PS0.4x

Latest News

MFRISCO A-1
Mex$9.60
Minera Frisco. de
7D
1.6%
1Y
184.0%
Analysis Article • May 08

We Think Minera Frisco. de's (BMV:MFRISCOA-1) Profit Is Only A Baseline For What They Can Achieve

Even though Minera Frisco, S.A.B. de C.V.'s ( BMV:MFRISCOA-1 ) recent earnings release was robust, the market didn't...
PE&OLES *
Mex$1,022.98
Industrias Peñoles. de
7D
16.2%
1Y
145.4%
Analysis Article • May 07

Revenue Beat: Industrias Peñoles, S.A.B. de C.V. Exceeded Revenue Forecasts By 12% And Analysts Are Updating Their Estimates

It's been a pretty great week for Industrias Peñoles, S.A.B. de C.V. ( BMV:PE&OLES ) shareholders, with its shares...
GMEXICO B
Mex$203.73
Grupo México. de
7D
6.6%
1Y
98.3%
Narrative Update • May 07

GMEXICO B: Upgraded Stance And Higher P/E Expectations Will Support Upside

Analysts lifted their MX$ price target for Grupo México by MX$1.42, reflecting updated views on fair value, discount rate assumptions, margin outlook, and future P/E, as reported in recent Street research updates. Analyst Commentary Recent Street research points to a more constructive tone around Grupo México, with bullish analysts highlighting updated views on valuation, earnings power, and the stock's P/E potential.
AUTLAN B
Mex$7.54
Compañía Minera Autlán. de
7D
1.6%
1Y
7.6%
ICH B
Mex$163.70
Industrias CH S. A. B. de C. V
7D
0.1%
1Y
-9.9%