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Mexican (IPC) Telecom Sector Analysis

UpdatedApr 19, 2025
DataAggregated Company Financials
Companies9
  • 7D6.0%
  • 3M9.0%
  • 1Y-3.1%
  • YTD5.4%

Over the last 7 days, the Telecom industry has risen 6.0%, driven by gains from América Móvil. de of 6.7%. During this same period, the Axtel. de underperformed, falling 8.4%. However, the industry is down 3.1% over the past year. Looking forward, earnings are forecast to grow by 28% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 19 Apr 2025Mex$1.1tMex$1.0tMex$18.2b24x59.4x1.1x
Mon, 17 Mar 2025Mex$1.0tMex$1.0tMex$18.2b23.1x55.2x1x
Wed, 12 Feb 2025Mex$1.0tMex$976.8bMex$35.4b19.6x28.7x1x
Fri, 10 Jan 2025Mex$976.0bMex$976.2bMex$35.9b18x27.2x1x
Sun, 08 Dec 2024Mex$1.0tMex$976.2bMex$35.9b18.9x28.9x1.1x
Tue, 05 Nov 2024Mex$1.1tMex$976.2bMex$35.9b20.6x31x1.1x
Thu, 03 Oct 2024Mex$1.1tMex$956.4bMex$29.8b22.1x37.7x1.2x
Sat, 31 Aug 2024Mex$1.1tMex$956.4bMex$29.8b22.5x38.1x1.2x
Mon, 29 Jul 2024Mex$1.1tMex$956.2bMex$30.3b29.6x35.9x1.1x
Wed, 26 Jun 2024Mex$1.1tMex$953.1bMex$57.3b15.9x18.9x1.1x
Fri, 24 May 2024Mex$1.2tMex$953.9bMex$57.5b16.5x20.5x1.2x
Sun, 21 Apr 2024Mex$1.1tMex$953.4bMex$55.9b13x19.4x1.1x
Tue, 19 Mar 2024Mex$1.1tMex$959.0bMex$70.6b12.2x16x1.2x
Thu, 15 Feb 2024Mex$1.1tMex$988.4bMex$70.7b11.5x15.2x1.1x
Sat, 13 Jan 2024Mex$2.4tMex$1.8tMex$154.0b11.1x15.5x1.3x
Mon, 11 Dec 2023Mex$2.4tMex$1.8tMex$154.0b11.5x15.6x1.3x
Wed, 08 Nov 2023Mex$2.3tMex$1.8tMex$154.0b11x15.2x1.3x
Fri, 06 Oct 2023Mex$2.3tMex$1.9tMex$169.9b10.1x13.7x1.3x
Sun, 03 Sep 2023Mex$2.4tMex$1.8tMex$170.0b10.7x14.2x1.3x
Tue, 01 Aug 2023Mex$2.5tMex$1.8tMex$170.0b11.8x15x1.4x
Thu, 29 Jun 2023Mex$2.6tMex$1.8tMex$159.9b12.7x16.3x1.4x
Sat, 27 May 2023Mex$2.7tMex$1.8tMex$159.9b13.2x16.6x1.4x
Mon, 24 Apr 2023Mex$2.6tMex$1.8tMex$159.7b12.9x16.6x1.4x
Wed, 22 Mar 2023Mex$2.6tMex$1.8tMex$158.6b12.8x16.6x1.4x
Fri, 17 Feb 2023Mex$1.4tMex$1.0tMex$95.3b11.3x14.2x1.3x
Sun, 15 Jan 2023Mex$1.4tMex$1.0tMex$94.1b11.3x15.4x1.4x
Tue, 13 Dec 2022Mex$1.3tMex$1.0tMex$94.1b9.4x14.3x1.3x
Thu, 10 Nov 2022Mex$1.5tMex$1.0tMex$94.1b8.2x15.5x1.4x
Sat, 08 Oct 2022Mex$1.2tMex$1.0tMex$88.3b10.4x13.9x1.2x
Mon, 05 Sep 2022Mex$1.3tMex$1.0tMex$88.3b10.9x14.7x1.3x
Wed, 03 Aug 2022Mex$1.4tMex$1.0tMex$88.4b13.5x15.8x1.4x
Fri, 01 Jul 2022Mex$1.5tMex$1.0tMex$112.3b12.7x13.7x1.5x
Sun, 29 May 2022Mex$1.7tMex$1.0tMex$112.8b12.6x15.5x1.7x
Tue, 26 Apr 2022Mex$1.6tMex$1.0tMex$80.1b15.7x20.4x1.6x
Price to Earnings Ratio

20.4x


Total Market Cap: Mex$1.6tTotal Earnings: Mex$80.1bTotal Revenue: Mex$1.0tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Telecom Sector Price to Earnings3Y Average 21.2x202320242025
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 59.4x which is higher than its 3-year average PE of 21.2x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Communication Services industry have declined 39% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

MX Market3.06%
Telecom6.02%
Wireless Telecom6.69%
Entertainment5.08%
Telecom Services and Carriers2.60%
Media0.28%
Industry PE
  • Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 17.7x.
    • Analysts are expecting annual earnings growth of 25.3%, which is higher than its past year's earnings decline of 62.8% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 59% over the next 5 years.
  • This is better than its past earnings decline of 18% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 25% 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$15.316.7%
+Mex$58.3b
-1.9%PE32.8x
SITES1 A-1 Operadora de Sites Mexicanos. deMex$17.394.7%
+Mex$2.4b
-9.7%PE154.5x
CIE B Corporación Interamericana de Entretenimiento. deMex$32.474.7%
+Mex$816.7m
34.5%PE12.2x
TLEVISA CPO Grupo TelevisaMex$7.042.9%
+Mex$539.2m
-26.2%PS0.3x
LASITE * Sitios Latinoamérica. deMex$3.101.0%
+Mex$125.4m
-40.3%PS0.8x
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