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Mexican (IPC) Telecom Sector Analysis

UpdatedApr 25, 2024
DataAggregated Company Financials
Companies8
  • 7D3.0%
  • 3M3.3%
  • 1Y-15.3%
  • YTD-0.2%

In the last week, the Telecom industry is up 2.5%, with América Móvil. de up 5.0%. However, the industry is down 18% over the past year. Looking forward, earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Apr 2024Mex$1.1tMex$953.4bMex$55.9b13.1x20.2x1.2x
Sun, 24 Mar 2024Mex$1.1tMex$959.0bMex$70.6b12.1x15.8x1.2x
Tue, 20 Feb 2024Mex$1.1tMex$973.8bMex$65.7b12.2x17.4x1.2x
Thu, 18 Jan 2024Mex$2.4tMex$1.8tMex$154.0b11.1x15.5x1.3x
Sat, 16 Dec 2023Mex$2.4tMex$1.8tMex$154.0b11.2x15.8x1.3x
Mon, 13 Nov 2023Mex$2.3tMex$1.8tMex$154.0b11.2x15.2x1.3x
Wed, 11 Oct 2023Mex$2.3tMex$1.9tMex$169.9b10.1x13.8x1.3x
Fri, 08 Sep 2023Mex$2.4tMex$1.8tMex$170.0b10.7x14.2x1.3x
Sun, 06 Aug 2023Mex$2.5tMex$1.8tMex$170.0b11.4x14.6x1.3x
Tue, 04 Jul 2023Mex$2.6tMex$1.8tMex$159.9b12.4x16.2x1.4x
Thu, 01 Jun 2023Mex$2.6tMex$1.8tMex$159.9b13.1x16.5x1.4x
Sat, 29 Apr 2023Mex$2.6tMex$1.8tMex$160.5b14.9x16.5x1.4x
Mon, 27 Mar 2023Mex$2.6tMex$1.8tMex$158.6b12.7x16.6x1.4x
Wed, 22 Feb 2023Mex$1.4tMex$1.0tMex$96.0b11.3x14.7x1.4x
Fri, 20 Jan 2023Mex$1.5tMex$1.0tMex$94.1b11.3x15.6x1.4x
Sun, 18 Dec 2022Mex$1.3tMex$1.0tMex$94.1b9.4x14.1x1.3x
Tue, 15 Nov 2022Mex$1.5tMex$1.0tMex$94.1b9x15.6x1.4x
Thu, 13 Oct 2022Mex$1.2tMex$1.0tMex$88.3b10.7x13.9x1.2x
Sat, 10 Sep 2022Mex$1.3tMex$1.0tMex$88.3b11.1x14.5x1.2x
Mon, 08 Aug 2022Mex$1.4tMex$1.0tMex$88.3b11.6x15.7x1.3x
Wed, 06 Jul 2022Mex$1.5tMex$1.0tMex$112.3b12.9x13.7x1.5x
Fri, 03 Jun 2022Mex$1.6tMex$1.0tMex$112.8b11.9x14.2x1.6x
Sun, 01 May 2022Mex$1.5tMex$1.2tMex$106.7b12.3x14.3x1.3x
Tue, 29 Mar 2022Mex$1.7tMex$1.0tMex$79.5b21.4x21.3x1.6x
Thu, 24 Feb 2022Mex$1.5tMex$1.0tMex$79.8b16.6x18.5x1.5x
Sat, 22 Jan 2022Mex$1.5tMex$1.2tMex$106.7b13.5x14.4x1.3x
Mon, 20 Dec 2021Mex$2.1tMex$1.2tMex$106.7b14x19.7x1.8x
Wed, 17 Nov 2021Mex$1.5tMex$1.2tMex$106.7b12.4x13.8x1.3x
Fri, 15 Oct 2021Mex$1.5tMex$1.2tMex$112.5b12.3x13x1.2x
Sun, 12 Sep 2021Mex$1.5tMex$1.2tMex$112.5b14x13.4x1.3x
Tue, 10 Aug 2021Mex$1.4tMex$1.2tMex$112.3b14.2x12.4x1.2x
Mon, 03 May 2021Mex$1.2tMex$1.2tMex$87.2b15.3x14.1x1.1x
Price to Earnings Ratio

14.1x


Total Market Cap: Mex$1.2tTotal Earnings: Mex$87.2bTotal Revenue: Mex$1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Telecom Sector Price to Earnings3Y Average 15.3x202220232024
Current Industry PE
  • Investors are optimistic on the Mexican Communication Services industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 20.0x which is higher than its 3-year average PE of 15.2x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 14% per year over the last three years,
  • Revenues have also declined 6.3% 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 Market1.52%
Telecom2.98%
Wireless Telecom3.59%
Media2.19%
Entertainment0%
Interactive Media and Services0%
Telecom Services and Carriers-4.35%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry even though it's trading below its 3-year average PE ratio of 202x.
    • Analysts are expecting annual earnings growth of 48.8% and investors are willing to pay a premium for that growth.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 49% over the next 5 years.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 14% 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$15.653.6%
+Mex$33.1b		-18.2%PE16.3x
MEGA CPO Megacable Holdings S. A. B. de C. VMex$50.472.0%
+Mex$867.1m		5.5%PE15.2x
TLEVISA CPO Grupo TelevisaMex$9.942.2%
+Mex$581.5m		-44.2%PS0.4x
LASITE B-1 Sitios Latinoamérica. deMex$5.301.9%
+Mex$318.1m		-28.1%PS1.3x
AXTEL CPO Axtel. deMex$0.939.9%
+Mex$237.5m		-33.2%PE8.4x
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Latest News

AMX B

Mex$15.65

América Móvil. de

7D

3.6%

1Y

-18.2%

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Apr 20
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TLEVISA CPO

Mex$9.94

Grupo Televisa

7D

2.2%

1Y

-44.2%

LASITE B-1

Mex$5.30

Sitios Latinoamérica. de

7D

1.9%

1Y

-28.1%

MEGA CPO

Mex$50.47

Megacable Holdings S. A. B. de C. V

7D

2.0%

1Y

5.5%

We Think Megacable Holdings S. A. B. de C. V (BMV:MEGACPO) Is Taking Some Risk With Its Debt

Apr 15
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SITES1 A-1

Mex$18.71

Operadora de Sites Mexicanos. de

7D

-5.7%

1Y

11.5%

Operadora de Sites Mexicanos, S.A.B. de C.V.'s (BMV:SITES1A-1) Price Is Out Of Tune With Revenues

Apr 08
Operadora de Sites Mexicanos, S.A.B. de C.V.'s (BMV:SITES1A-1) Price Is Out Of Tune With Revenues

CTAXTEL A

Mex$0.25

Controladora Axtel. de

7D

3.3%

1Y

n/a

AXTEL CPO

Mex$0.93

Axtel. de

7D

9.9%

1Y

-33.2%