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Mexican (IPC) Telecom Sector Analysis

UpdatedJul 26, 2024
DataAggregated Company Financials
Companies7
  • 7D0.8%
  • 3M-3.9%
  • 1Y-11.2%
  • YTD-1.9%

Over the last 7 days, the Telecom industry has dropped 1.7%, driven by América Móvil. de declining 1.4%. However, the industry is down 10% over the past year. Looking forward, earnings are forecast to grow by 25% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 26 Jul 2024Mex$1.1tMex$955.4bMex$30.1b30x36.6x1.2x
Sun, 23 Jun 2024Mex$1.1tMex$953.1bMex$57.3b15.9x19.1x1.1x
Tue, 21 May 2024Mex$1.2tMex$954.0bMex$57.7b16x20.4x1.2x
Thu, 18 Apr 2024Mex$1.1tMex$959.0bMex$72.5b11.8x15x1.1x
Sat, 16 Mar 2024Mex$1.2tMex$959.0bMex$70.6b12.4x16.4x1.2x
Mon, 12 Feb 2024Mex$1.1tMex$988.2bMex$70.7b11.3x15.2x1.1x
Wed, 10 Jan 2024Mex$2.4tMex$1.8tMex$154.0b11.2x15.4x1.3x
Fri, 08 Dec 2023Mex$2.4tMex$1.8tMex$154.0b11.6x15.7x1.3x
Sun, 05 Nov 2023Mex$2.3tMex$1.8tMex$154.0b11.1x15.1x1.3x
Tue, 03 Oct 2023Mex$2.3tMex$1.9tMex$169.9b10.1x13.7x1.3x
Thu, 31 Aug 2023Mex$2.4tMex$1.8tMex$170.0b10.7x14.2x1.3x
Sat, 29 Jul 2023Mex$2.5tMex$1.8tMex$169.2b8.9x15x1.4x
Mon, 26 Jun 2023Mex$2.6tMex$1.8tMex$159.9b12.6x16.1x1.4x
Wed, 24 May 2023Mex$2.6tMex$1.8tMex$159.8b13.1x16.4x1.4x
Fri, 21 Apr 2023Mex$2.6tMex$1.8tMex$159.7b12.9x16.5x1.4x
Sun, 19 Mar 2023Mex$2.6tMex$1.8tMex$158.6b12.7x16.4x1.4x
Tue, 14 Feb 2023Mex$1.4tMex$1.0tMex$94.1b11.3x14.9x1.3x
Thu, 12 Jan 2023Mex$1.4tMex$1.0tMex$94.1b11.3x15.1x1.4x
Sat, 10 Dec 2022Mex$1.3tMex$1.0tMex$94.1b9.4x14.3x1.3x
Mon, 07 Nov 2022Mex$1.4tMex$1.0tMex$94.1b7.8x15.3x1.4x
Wed, 05 Oct 2022Mex$1.2tMex$1.0tMex$88.3b10.5x14.1x1.2x
Fri, 02 Sep 2022Mex$1.3tMex$1.0tMex$88.3b10.6x14.4x1.2x
Sun, 31 Jul 2022Mex$1.5tMex$1.0tMex$89.3b14.1x16.3x1.4x
Tue, 28 Jun 2022Mex$1.5tMex$1.0tMex$112.3b12.6x13.6x1.5x
Thu, 26 May 2022Mex$1.7tMex$1.0tMex$112.8b12.3x14.7x1.6x
Sat, 23 Apr 2022Mex$1.6tMex$1.0tMex$80.1b15.8x20.5x1.6x
Mon, 21 Mar 2022Mex$1.6tMex$1.0tMex$79.5b18.4x19.9x1.5x
Wed, 16 Feb 2022Mex$1.5tMex$1.0tMex$79.9b14.9x18.8x1.5x
Fri, 14 Jan 2022Mex$1.6tMex$1.2tMex$106.7b13.9x15.2x1.4x
Sun, 12 Dec 2021Mex$1.6tMex$1.2tMex$106.7b13.4x14.6x1.3x
Tue, 09 Nov 2021Mex$1.5tMex$1.2tMex$106.7b12.5x13.7x1.2x
Thu, 07 Oct 2021Mex$1.4tMex$1.2tMex$112.5b12x12.7x1.2x
Sat, 04 Sep 2021Mex$1.5tMex$1.2tMex$112.3b14.1x13.5x1.3x
Mon, 02 Aug 2021Mex$1.4tMex$1.2tMex$112.3b14.2x12.3x1.2x
Price to Earnings Ratio

12.3x


Total Market Cap: Mex$1.4tTotal Earnings: Mex$112.3bTotal Revenue: Mex$1.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Telecom Sector Price to Earnings3Y Average 15.9x202220232024
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 36.6x which is higher than its 3-year average PE of 15.9x.
  • 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 36% per year over the last three years,
  • Revenues have also declined 6.7% 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 Market-0.15%
Telecom0.77%
Wireless Telecom1.22%
Entertainment0%
Interactive Media and Services0%
Telecom Services and Carriers-2.07%
Media-3.02%
Industry PE
  • Investors are most optimistic about the Telecom Services and Carriers industry which is trading above its 3-year average PE ratio of 223x.
    • Analysts are expecting annual earnings growth of 52.1%, which is higher than its past year's earnings decline of 97.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom Services and Carriers industry, expecting annual earnings growth of 52% over the next 5 years.
  • This is better than its past earnings decline of 97% per year.
  • In contrast, the Wireless Telecom industry is expected to see its earnings grow by 23% 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$15.821.2%
+Mex$10.9b		-11.3%PE30x
AXTEL CPO Axtel. deMex$1.377.0%
+Mex$248.7m		95.7%PE418.5x
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