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Mexican (IPC) Metals and Mining Industry Analysis

UpdatedApr 25, 2026
DataAggregated Company Financials
Companies5
  • 7D-4.6%
  • 3M0.3%
  • 1Y93.2%
  • YTD13.8%

Over the last 7 days, the Metals and Mining industry has dropped 5.2%, driven by Grupo México. de declining 5.1%. This takes the industry's 12 month performance to a gain of 92%. Earnings are forecast to grow by 5.3% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 Apr 2026Mex$2.0tMex$519.2bMex$113.5b27.6x18x3.9x
Mon, 23 Mar 2026Mex$1.8tMex$534.5bMex$117.0b25.5x15.4x3.4x
Wed, 18 Feb 2026Mex$2.1tMex$497.0bMex$103.8b34.7x20.7x4.3x
Fri, 16 Jan 2026Mex$2.1tMex$487.9bMex$94.9b34.1x22x4.3x
Sun, 14 Dec 2025Mex$1.8tMex$496.6bMex$96.7b31.7x18.5x3.6x
Tue, 11 Nov 2025Mex$1.7tMex$505.8bMex$98.6b30.3x16.8x3.3x
Thu, 09 Oct 2025Mex$1.5tMex$492.0bMex$87.3b21.2x17.7x3.1x
Sat, 06 Sep 2025Mex$1.4tMex$501.5bMex$89.1b19.6x15.4x2.7x
Mon, 04 Aug 2025Mex$1.2tMex$496.7bMex$82.4b16.1x14.7x2.4x
Wed, 02 Jul 2025Mex$1.2tMex$498.7bMex$83.9b12.7x14.1x2.4x
Fri, 30 May 2025Mex$1.1tMex$511.7bMex$86.0b11.9x12.9x2.2x
Sun, 27 Apr 2025Mex$1.1tMex$500.5bMex$80.7b11.7x13.3x2.1x
Tue, 25 Mar 2025Mex$1.0tMex$512.8bMex$82.6b11.3x12.6x2x
Thu, 20 Feb 2025Mex$1.0tMex$498.7bMex$81.8b11.4x12.8x2.1x
Sat, 18 Jan 2025Mex$1.0tMex$510.6bMex$83.8b10.7x12.1x2x
Mon, 16 Dec 2024Mex$1.1tMex$496.3bMex$81.4b11.4x12.9x2.1x
Wed, 13 Nov 2024Mex$1.0tMex$505.9bMex$83.0b10.9x12.5x2x
Fri, 11 Oct 2024Mex$1.0tMex$468.3bMex$74.1b12.5x14x2.2x
Sun, 08 Sep 2024Mex$968.2bMex$479.0bMex$75.9b11.1x12.8x2x
Tue, 06 Aug 2024Mex$995.0bMex$467.6bMex$73.5b11.7x13.5x2.1x
Thu, 04 Jul 2024Mex$979.3bMex$421.9bMex$63.0b15.9x15.5x2.3x
Sat, 01 Jun 2024Mex$1.0tMex$398.2bMex$59.3b15.4x17.3x2.6x
Mon, 29 Apr 2024Mex$1.0tMex$411.4bMex$61.5b23.5x17x2.5x
Wed, 27 Mar 2024Mex$954.3bMex$402.9bMex$61.8b30.2x15.4x2.4x
Fri, 23 Feb 2024Mex$856.6bMex$423.4bMex$62.4b23.4x13.7x2x
Sun, 21 Jan 2024Mex$845.0bMex$429.3bMex$65.3b23.8x12.9x2x
Tue, 19 Dec 2023Mex$882.0bMex$430.8bMex$65.5b21.6x13.5x2x
Thu, 16 Nov 2023Mex$780.7bMex$433.8bMex$66.0b23.6x11.8x1.8x
Sat, 14 Oct 2023Mex$780.0bMex$442.4bMex$67.0b22.1x11.6x1.8x
Mon, 11 Sep 2023Mex$835.2bMex$434.1bMex$65.3b23.7x12.8x1.9x
Wed, 09 Aug 2023Mex$858.9bMex$423.7bMex$63.6b24.1x13.5x2x
Fri, 07 Jul 2023Mex$850.4bMex$430.2bMex$66.5b17.2x12.8x2x
Sun, 04 Jun 2023Mex$857.6bMex$436.5bMex$67.6b17.2x12.7x2x
Tue, 02 May 2023Mex$908.8bMex$447.9bMex$69.3b14.5x13.1x2x
Price to Earnings Ratio

13.1x


Total Market Cap: Mex$908.8bTotal Earnings: Mex$69.3bTotal Revenue: Mex$447.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Metals and Mining Industry Price to Earnings3Y Average 14.6x202420252026
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 18.3x which is higher than its 3-year average PE of 14.6x.
  • The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 4.0x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have grown 18% per year over the last three years.
  • Revenues for these companies have grown 5.1% 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-0.95%
Materials-3.21%
Metals and Mining-4.62%
Steel0.083%
Precious Metals and Minerals-4.24%
Diversified Metals and Mining-4.90%
Industry PE
  • Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 37.2x.
    • Analysts are expecting annual earnings growth of 103.7%, 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 51.7x.
Forecasted Growth
  • Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 104% 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 grow by 3.5% 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
MFRISCO A-1 Minera Frisco. deMex$9.650.7%
+Mex$423.2m		184.7%PE37.5x
ICH B Industrias CH S. A. B. de C. VMex$163.200.1%
+Mex$73.0m		-6.2%PE63.9x

Latest News

GMEXICO B
Mex$199.99
Grupo México. de
7D
-5.1%
1Y
92.3%

GMEXICO B: Rich P/E Multiples Will Strain Execution As Mixed Calls Persist

Analysts have lifted their MX$ fair value estimate for Grupo México from about MX$89.95 to roughly MX$97.88, citing updated expectations for revenue growth, higher profit margins, and a lower forward P/E multiple reflected in recent research, including target increases and rating changes from major firms. Analyst Commentary Recent Street research on Grupo México has been mixed, with upgrades and higher price targets from some large firms appearing alongside more cautious views.
ICH B
Mex$163.20
Industrias CH S. A. B. de C. V
7D
0.1%
1Y
-6.2%
PE&OLES *
Mex$967.29
Industrias Peñoles. de
7D
-4.2%
1Y
128.9%
AUTLAN B
Mex$7.30
Compañía Minera Autlán. de
7D
-0.7%
1Y
29.2%
MFRISCO A-1
Mex$9.65
Minera Frisco. de
7D
0.7%
1Y
184.7%