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Mexican (IPC) Telecom Sector Analysis

UpdatedMar 26, 2026
DataAggregated Company Financials
Companies9
  • 7D6.6%
  • 3M18.4%
  • 1Y53.4%
  • YTD19.6%

Over the last 7 days, the Telecom industry has risen 3.9%, driven by gains from América Móvil. de of 6.7%. In the last 12 months, the industry was up 50%. Looking forward, earnings are forecast to grow by 13% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 26 Mar 2026Mex$1.5tMex$1.1tMex$92.2b11.6x16.5x1.4x
Sat, 21 Feb 2026Mex$1.4tMex$1.1tMex$86.8b14.1x16.5x1.3x
Mon, 19 Jan 2026Mex$1.3tMex$1.1tMex$71.3b16.1x17.8x1.2x
Wed, 17 Dec 2025Mex$1.3tMex$1.1tMex$71.3b16.7x18.6x1.2x
Fri, 14 Nov 2025Mex$1.5tMex$1.1tMex$71.3b18.1x20.5x1.3x
Sun, 12 Oct 2025Mex$1.3tMex$1.1tMex$46.9b19.3x28.5x1.2x
Tue, 09 Sep 2025Mex$1.3tMex$1.1tMex$46.9b20.4x27.5x1.2x
Thu, 07 Aug 2025Mex$1.2tMex$1.1tMex$46.9b18.5x25.2x1.1x
Sat, 05 Jul 2025Mex$1.2tMex$1.1tMex$22.7b25.6x52.7x1.1x
Mon, 02 Jun 2025Mex$1.2tMex$1.1tMex$22.7b24.3x51x1.1x
Wed, 30 Apr 2025Mex$1.2tMex$1.0tMex$18.8b26.7x62.3x1.1x
Fri, 28 Mar 2025Mex$1.0tMex$1.0tMex$18.2b23.5x56.9x1x
Sun, 23 Feb 2025Mex$1.0tMex$1.0tMex$23.1b24.1x44.4x1x
Tue, 21 Jan 2025Mex$980.1bMex$976.2bMex$35.9b18.1x27.3x1x
Thu, 19 Dec 2024Mex$1.0tMex$976.2bMex$35.9b18.1x28.9x1.1x
Sat, 16 Nov 2024Mex$1.1tMex$976.2bMex$35.9b19.5x29.7x1.1x
Mon, 14 Oct 2024Mex$1.1tMex$956.4bMex$29.8b21.7x36.8x1.1x
Wed, 11 Sep 2024Mex$1.1tMex$956.4bMex$29.8b21.8x37.7x1.2x
Fri, 09 Aug 2024Mex$1.1tMex$956.4bMex$29.8b22.6x37.6x1.2x
Sun, 07 Jul 2024Mex$1.1tMex$953.1bMex$57.3b16.3x19.4x1.2x
Tue, 04 Jun 2024Mex$1.1tMex$953.2bMex$57.6b16.2x19.5x1.2x
Thu, 02 May 2024Mex$1.2tMex$953.6bMex$57.6b12.8x20.2x1.2x
Sat, 30 Mar 2024Mex$1.1tMex$959.0bMex$70.7b12.1x15.8x1.2x
Mon, 26 Feb 2024Mex$1.2tMex$974.2bMex$70.1b12.5x17.1x1.2x
Wed, 24 Jan 2024Mex$2.4tMex$1.8tMex$154.0b11.3x15.5x1.3x
Fri, 22 Dec 2023Mex$2.4tMex$1.8tMex$154.0b11x15.6x1.3x
Sun, 19 Nov 2023Mex$2.4tMex$1.8tMex$154.0b11.1x15.3x1.3x
Tue, 17 Oct 2023Mex$2.3tMex$1.9tMex$169.9b10.1x13.7x1.3x
Thu, 14 Sep 2023Mex$2.4tMex$1.9tMex$169.9b10.6x14.1x1.3x
Sat, 12 Aug 2023Mex$2.5tMex$1.8tMex$170.0b11.5x14.7x1.4x
Mon, 10 Jul 2023Mex$2.6tMex$1.8tMex$159.9b12.6x16.1x1.4x
Wed, 07 Jun 2023Mex$2.6tMex$1.8tMex$159.9b12.9x16.4x1.4x
Fri, 05 May 2023Mex$2.6tMex$1.8tMex$160.5b14.7x16.3x1.4x
Sun, 02 Apr 2023Mex$2.6tMex$1.8tMex$158.4b12.7x16.6x1.4x
Price to Earnings Ratio

16.6x


Total Market Cap: Mex$2.6tTotal Earnings: Mex$158.4bTotal Revenue: Mex$1.8tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Telecom Sector Price to Earnings3Y Average 25.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Mexican Communication Services industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 16.4x which is lower than its 3-year average PE of 25.9x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 17% per year over the last three years,
  • Revenues have also declined 16% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Trends

Which industries have driven the changes within the Mexican Telecom sector?

MX Market4.08%
Telecom6.57%
Media10.29%
Wireless Telecom6.70%
Telecom Services and Carriers5.72%
Entertainment-4.44%
Industry PE
  • Investors are most optimistic about the Media industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 16.1%, which is lower than the prior year's growth of 24.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 55% over the next 5 years.
  • However this is lower than its past earnings growth rate of 94% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 11% 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
AMX B América Móvil. deMex$22.596.5%
+Mex$82.9b
53.4%PE16.4x
SITES1 A-1 Operadora de Sites Mexicanos. deMex$16.3413.5%
+Mex$5.7b
15.3%PE72.9x
MEGA CPO Megacable Holdings S. A. B. de C. VMex$65.1710.3%
+Mex$5.2b
52.4%PE19.7x
LASITE * Sitios Latinoamérica. deMex$5.403.1%
+Mex$761.3m
73.1%PE11.6x
AXTEL CPO Axtel. deMex$2.583.6%
+Mex$250.2m
7.5%PE11.3x

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