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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedJan 17, 2026
DataAggregated Company Financials
Companies5
  • 7D6.1%
  • 3M28.8%
  • 1Y103.3%
  • YTD13.5%

Over the last 7 days, the Metals and Mining industry has risen 6.1%, driven by gains from Grupo México. de of 6.0%. Meanwhile, Compañía Minera Autlán. de actually underperformed within the industry, shrinking 6.8% in the last week. In the last 12 months, the industry was up 103%. Looking forward, earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026Mex$2.1tMex$487.1bMex$94.7b34.4x21.8x4.2x
Tue, 16 Dec 2025Mex$1.8tMex$496.1bMex$96.6b31.2x18.5x3.6x
Thu, 13 Nov 2025Mex$1.7tMex$504.0bMex$98.2b30.2x17.2x3.3x
Sat, 11 Oct 2025Mex$1.6tMex$497.4bMex$88.3b20.9x17.7x3.1x
Mon, 08 Sep 2025Mex$1.4tMex$501.5bMex$89.1b19.6x15.4x2.7x
Wed, 06 Aug 2025Mex$1.2tMex$493.2bMex$81.7b16.1x15.2x2.5x
Fri, 04 Jul 2025Mex$1.2tMex$496.1bMex$83.4b12.7x14.1x2.4x
Sun, 01 Jun 2025Mex$1.1tMex$513.7bMex$86.4b11.5x12.6x2.1x
Tue, 29 Apr 2025Mex$1.1tMex$509.5bMex$83.7b11.4x12.9x2.1x
Thu, 27 Mar 2025Mex$1.1tMex$514.7bMex$82.9b11.5x12.7x2.1x
Sat, 22 Feb 2025Mex$1.0tMex$502.4bMex$82.2b11x12.5x2x
Mon, 20 Jan 2025Mex$1.0tMex$510.6bMex$83.8b10.7x12.1x2x
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
Price to Earnings Ratio

12.2x


Total Market Cap: Mex$879.6bTotal Earnings: Mex$72.2bTotal Revenue: Mex$467.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14x202420252026
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 21.8x which is higher than its 3-year average PE of 14.0x.
  • The 3-year average PS ratio of 2.3x is lower than the industry's current PS ratio of 4.2x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 9.4% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

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

MX Market1.32%
Materials4.96%
Metals and Mining6.12%
Precious Metals and Minerals7.93%
Diversified Metals and Mining5.95%
Steel-0.27%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 23.9x.
    • Analysts are expecting annual earnings growth of 79.8%, which is higher than its past year's earnings decline of 80.9% per year.
  • 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 12.6x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 80% over the next 5 years.
  • This is better than its past earnings decline of 81% per year.
  • In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 7.9% 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
GMEXICO B Grupo México. deMex$194.026.0%
+Mex$85.9b		88.1%PE19.7x
PE&OLES * Industrias Peñoles. deMex$1.07k7.9%
+Mex$31.1b		267.5%PE26.2x
MFRISCO A-1 Minera Frisco. deMex$9.423.7%
+Mex$2.1b		173.8%PE61.2x

Latest News

GMEXICO B
Mex$194.02
Grupo México. de
7D
6.0%
1Y
88.1%
PE&OLES *
Mex$1,065.55
Industrias Peñoles. de
7D
7.9%
1Y
267.5%
MFRISCO A-1
Mex$9.42
Minera Frisco. de
7D
3.7%
1Y
173.8%

Why We Like The Returns At Minera Frisco. de (BMV:MFRISCOA-1)

Nov 29
Why We Like The Returns At Minera Frisco. de (BMV:MFRISCOA-1)
ICH B
Mex$168.70
Industrias CH S. A. B. de C. V
7D
-0.04%
1Y
-3.6%
AUTLAN B
Mex$7.17
Compañía Minera Autlán. de
7D
-6.8%
1Y
7.8%