Mexican (IPC) Metals and Mining Industry Analysis

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
Fri, 26 Apr 2024	Mex$994.3b	Mex$413.8b	Mex$62.9b	22.9x	15.8x	2.4x
Sun, 24 Mar 2024	Mex$953.0b	Mex$417.8b	Mex$61.6b	23.7x	15.5x	2.3x
Tue, 20 Feb 2024	Mex$864.4b	Mex$421.8b	Mex$62.1b	23.5x	13.9x	2x
Thu, 18 Jan 2024	Mex$834.4b	Mex$432.1b	Mex$65.7b	23x	12.7x	1.9x
Sat, 16 Dec 2023	Mex$862.4b	Mex$431.7b	Mex$65.7b	21.4x	13.1x	2x
Mon, 13 Nov 2023	Mex$754.6b	Mex$440.9b	Mex$67.2b	23.8x	11.2x	1.7x
Wed, 11 Oct 2023	Mex$780.7b	Mex$439.6b	Mex$66.5b	22.9x	11.7x	1.8x
Fri, 08 Sep 2023	Mex$845.0b	Mex$433.7b	Mex$65.3b	24x	12.9x	1.9x
Sun, 06 Aug 2023	Mex$860.6b	Mex$423.6b	Mex$63.5b	24.5x	13.5x	2x
Tue, 04 Jul 2023	Mex$846.2b	Mex$426.7b	Mex$65.9b	17.2x	12.8x	2x
Thu, 01 Jun 2023	Mex$847.5b	Mex$439.3b	Mex$68.0b	17.2x	12.5x	1.9x
Sat, 29 Apr 2023	Mex$908.3b	Mex$447.9b	Mex$69.3b	14.5x	13.1x	2x
Mon, 27 Mar 2023	Mex$870.2b	Mex$459.4b	Mex$72.2b	14x	12.1x	1.9x
Wed, 22 Feb 2023	Mex$879.8b	Mex$460.8b	Mex$72.1b	10.7x	12.2x	1.9x
Fri, 20 Jan 2023	Mex$854.2b	Mex$470.9b	Mex$72.8b	10.3x	11.7x	1.8x
Sun, 18 Dec 2022	Mex$783.1b	Mex$487.2b	Mex$76.1b	9.7x	10.3x	1.6x
Tue, 15 Nov 2022	Mex$861.2b	Mex$479.4b	Mex$74.8b	10x	11.5x	1.8x
Thu, 13 Oct 2022	Mex$711.9b	Mex$506.4b	Mex$84.8b	7.4x	8.4x	1.4x
Sat, 10 Sep 2022	Mex$838.7b	Mex$502.4b	Mex$83.8b	9x	10x	1.7x
Mon, 08 Aug 2022	Mex$780.4b	Mex$513.2b	Mex$85.7b	8.4x	9.1x	1.5x
Wed, 06 Jul 2022	Mex$820.4b	Mex$532.4b	Mex$96.0b	7.9x	8.5x	1.5x
Fri, 03 Jun 2022	Mex$961.4b	Mex$514.3b	Mex$92.5b	9.5x	10.4x	1.9x
Sun, 01 May 2022	Mex$949.7b	Mex$521.0b	Mex$89.0b	9.4x	10.7x	1.8x
Tue, 29 Mar 2022	Mex$1.1t	Mex$514.3b	Mex$87.3b	13x	12.9x	2.2x
Thu, 24 Feb 2022	Mex$975.3b	Mex$503.8b	Mex$101.1b	8x	9.6x	1.9x
Sat, 22 Jan 2022	Mex$906.0b	Mex$504.6b	Mex$107.0b	7.5x	8.5x	1.8x
Mon, 20 Dec 2021	Mex$886.5b	Mex$510.4b	Mex$108.4b	7.4x	8.2x	1.7x
Wed, 17 Nov 2021	Mex$883.4b	Mex$508.7b	Mex$108.0b	7.7x	8.2x	1.7x
Fri, 15 Oct 2021	Mex$891.6b	Mex$479.3b	Mex$102.3b	8.4x	8.7x	1.9x
Sun, 12 Sep 2021	Mex$871.1b	Mex$465.1b	Mex$98.9b	8.4x	8.8x	1.9x
Tue, 10 Aug 2021	Mex$928.0b	Mex$465.1b	Mex$98.9b	8.9x	9.4x	2x
Mon, 03 May 2021	Mex$905.1b	Mex$419.8b	Mex$83.5b	14.1x	10.8x	2.2x

Current Industry PE

Investors are optimistic on the Mexican Metals and Mining industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 15.8x which is higher than its 3-year average PE of 11.1x.

The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.4x.

Past Earnings Growth

The earnings for companies in the Metals and Mining industry have declined 9.0% 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	1.32%
Materials	0.58%
Metals and Mining	-0.17%
Diversified Metals and Mining	0.45%
Copper	0%
Aluminum	0%
Gold	0%
Silver	0%
Steel	-1.23%
Precious Metals and Minerals	-3.70%

Industry PE

Investors are most optimistic about the Precious Metals and Minerals industry which is trading above its 3-year average PE ratio of 34.4x.

It looks like they are confident that earnings will grow faster in the future than they have historically.

Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 10.1x.

Forecasted Growth

Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 3.8% over the next 5 years.
However this is lower than its past earnings growth rate of 8.0% per year.