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Mexican (IPC) Materials Sector Analysis

UpdatedApr 06, 2026
DataAggregated Company Financials
Companies14
  • 7D8.2%
  • 3M6.0%
  • 1Y93.5%
  • YTD9.0%

Over the last 7 days, the Materials industry has risen 8.2%, driven by gains from Grupo México. de of 8.5%. This means that the industry has gained 94% over the past year. Earnings are forecast to grow by 8.6% annually.

Sector Valuation and Performance

Has the Mexican Materials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 06 Apr 2026Mex$2.5tMex$1.2tMex$126.6b18.6x19.9x2.2x
Wed, 04 Mar 2026Mex$2.8tMex$1.1tMex$115.6b18.5x24.1x2.5x
Fri, 30 Jan 2026Mex$2.7tMex$1.1tMex$119.6b25x22.8x2.5x
Sun, 28 Dec 2025Mex$2.4tMex$1.1tMex$115.6b18.2x20.5x2.1x
Tue, 25 Nov 2025Mex$2.1tMex$1.3tMex$118.7b15.5x17.3x1.6x
Thu, 23 Oct 2025Mex$2.0tMex$1.3tMex$110.6b16.2x18.5x1.6x
Sat, 20 Sep 2025Mex$1.9tMex$1.3tMex$110.4b14.7x17.1x1.5x
Mon, 18 Aug 2025Mex$1.7tMex$1.1tMex$112.9b13.9x15.3x1.5x
Wed, 16 Jul 2025Mex$1.6tMex$1.1tMex$111.1b12.6x14.3x1.4x
Fri, 13 Jun 2025Mex$1.5tMex$1.2tMex$111.6b11.8x13.8x1.3x
Sun, 11 May 2025Mex$1.4tMex$1.2tMex$115.9b10.8x12.5x1.2x
Tue, 08 Apr 2025Mex$1.3tMex$1.2tMex$116.7b9.5x11.2x1.1x
Thu, 06 Mar 2025Mex$1.4tMex$1.2tMex$116.3b10.3x11.7x1.1x
Sat, 01 Feb 2025Mex$1.4tMex$1.2tMex$95.1b9.8x14.6x1.1x
Mon, 30 Dec 2024Mex$1.3tMex$1.2tMex$93.3b9.9x14.3x1.1x
Wed, 27 Nov 2024Mex$1.4tMex$1.2tMex$94.8b10x14.4x1.1x
Fri, 25 Oct 2024Mex$1.4tMex$1.2tMex$82.2b11.6x17.5x1.2x
Sun, 22 Sep 2024Mex$1.4tMex$1.2tMex$82.5b11.3x16.7x1.2x
Tue, 20 Aug 2024Mex$1.4tMex$1.1tMex$79.5b11.7x17.8x1.3x
Thu, 18 Jul 2024Mex$1.4tMex$1.1tMex$68.4b12.3x20.6x1.3x
Sat, 15 Jun 2024Mex$1.3tMex$1.1tMex$71.3b11.2x18.5x1.2x
Mon, 13 May 2024Mex$1.4tMex$1.0tMex$64.8b13.8x22.1x1.4x
Wed, 10 Apr 2024Mex$1.5tMex$1.0tMex$67.9b15.2x22.2x1.5x
Fri, 08 Mar 2024Mex$1.3tMex$1.1tMex$70.2b12.5x18x1.2x
Sun, 04 Feb 2024Mex$1.3tMex$1.1tMex$90.2b14.7x14.9x1.2x
Tue, 02 Jan 2024Mex$1.4tMex$1.1tMex$88.4b17.4x15.7x1.2x
Thu, 30 Nov 2023Mex$1.2tMex$1.1tMex$89.9b14.8x13x1x
Sat, 28 Oct 2023Mex$1.2tMex$1.2tMex$94.5b14.7x12.4x1x
Mon, 25 Sep 2023Mex$1.2tMex$1.1tMex$90.8b16.6x13.6x1.1x
Wed, 23 Aug 2023Mex$1.3tMex$1.1tMex$89.7b16.5x14.2x1.1x
Fri, 21 Jul 2023Mex$1.3tMex$1.2tMex$100.1b14.6x12.8x1.1x
Sun, 18 Jun 2023Mex$1.3tMex$1.2tMex$101.7b14.1x13x1.1x
Tue, 16 May 2023Mex$1.3tMex$1.2tMex$104.6b13.8x12.3x1.1x
Thu, 13 Apr 2023Mex$1.3tMex$1.2tMex$113.2b12x11.8x1.1x
Price to Earnings Ratio

11.8x


Total Market Cap: Mex$1.3tTotal Earnings: Mex$113.2bTotal Revenue: Mex$1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Materials Sector Price to Earnings3Y Average 16.1x202420252026
Current Industry PE
  • Investors are optimistic on the Mexican Materials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 19.9x which is higher than its 3-year average PE of 16.1x.
  • The 3-year average PS ratio of 1.4x is lower than the industry's current PS ratio of 2.2x.
Past Earnings Growth
  • The earnings for companies in the Materials industry have grown 3.8% 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 sector?

MX Market3.84%
Materials8.19%
Metals and Mining9.19%
Basic Materials4.99%
Chemicals1.33%
Packaging0.57%
Paper and Forestry Products-5.00%
Industry PE
  • Investors are most optimistic about the Basic Materials industry which is trading above its 3-year average PE ratio of 16.2x.
    • Analysts are expecting annual earnings growth of 19.7%, which is higher than its past year's earnings decline of 8.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Chemicals industry, expecting annual earnings growth of 82% over the next 5 years.
  • This is better than its past earnings decline of 1.0% per year.
  • In contrast, the Metals and Mining industry is expected to see its earnings grow by 3.1% 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
GMEXICO B Grupo México. deMex$196.467.6%
+Mex$108.7b		107.6%PE17x
PE&OLES * Industrias Peñoles. deMex$867.869.8%
+Mex$30.9b		158.5%PE14.1x
CEMEX CPO CEMEX. deMex$20.776.9%
+Mex$19.4b		95.4%PE42.8x
MFRISCO A-1 Minera Frisco. deMex$9.405.0%
+Mex$2.7b		184.8%PE36.5x
GCC * GCC. deMex$191.981.7%
+Mex$1.1b		9.1%PE11.8x

Latest News

CEMEX CPO
Mex$20.77
CEMEX. de
7D
6.9%
1Y
95.4%

CEMEX CPO: Share Repurchases Will Support Higher Future Earnings Multiple

The analyst price target for CEMEX. de has edged down from MX$24.88 to MX$24.48 as analysts factor in slightly higher discount rates and modest adjustments to long term revenue growth and future P/E assumptions, partly offset by a marginally stronger profit margin outlook.
GMEXICO B
Mex$196.46
Grupo México. de
7D
7.6%
1Y
107.6%

GMEXICO B: Future Returns Will Rely On Execution After JPMorgan Downgrade

Analysts now see fair value for Grupo México at MX$196.22, compared with the prior MX$163.93. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples following recent research that included a downgrade at JPMorgan.
GCC *
Mex$191.98
GCC. de
7D
1.7%
1Y
9.1%

GCC *: Steady Assumptions And Higher P E Multiple Will Support Upside

Analysts have kept the GCC de. fair value estimate broadly unchanged around MX$245.69, with only minor tweaks to inputs such as the discount rate and forward P/E assumptions driving a small, neutral adjustment to the implied price target.
PE&OLES *
Mex$867.86
Industrias Peñoles. de
7D
9.8%
1Y
158.5%
ALPEK A
Mex$10.91
ALPEK. de
7D
-3.7%
1Y
14.4%
ORBIA *
Mex$21.78
Orbia Advance Corporation. de
7D
2.1%
1Y
52.4%

ORBIA *: Itau Upgrade And CFO Transition Are Expected To Support Rerating

Analysts have increased their MX$52.15 fair value estimate for Orbia Advance Corporation. de to MX$52.31, citing updated assumptions on revenue growth, profit margins, discount rates and future P/E that were also reflected in a recent upgrade from Itau BBA.
AUTLAN B
Mex$7.60
Compañía Minera Autlán. de
7D
4.8%
1Y
41.5%
MFRISCO A-1
Mex$9.40
Minera Frisco. de
7D
5.0%
1Y
184.8%
CONVER A
Mex$3.03
Convertidora Industrial. de
7D
1.0%
1Y
102.0%
TEAK CPO
Mex$0.13
Proteak Uno. de
7D
-2.9%
1Y
-68.7%
ICH B
Mex$176.49
Industrias CH S. A. B. de C. V
7D
-1.4%
1Y
1.6%