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Mexican (IPC) Market Analysis & Valuation

UpdatedJul 20, 2025
DataAggregated Company Financials
Companies117
  • 7D-1.1%
  • 3M1.9%
  • 1Y-1.3%
  • YTD8.5%

Over the last 7 days, the market has dropped 1.1%, driven by a decline of 2.8% in the Consumer Staples sector. Overall the market has been flat in the last year. As for the next few years, earnings are expected to grow by 12% per annum.

Market Valuation and Performance

Has the Mexican Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 21 Jul 2025Mex$9.1tMex$7.6tMex$600.5b12.3x15.1x1.2x
Wed, 18 Jun 2025Mex$9.1tMex$7.6tMex$592.1b12x15.3x1.2x
Fri, 16 May 2025Mex$9.2tMex$7.6tMex$591.6b11.7x15.6x1.2x
Sun, 13 Apr 2025Mex$8.5tMex$7.6tMex$610.6b10.6x13.9x1.1x
Tue, 11 Mar 2025Mex$8.5tMex$7.6tMex$599.4b10.5x14.2x1.1x
Thu, 06 Feb 2025Mex$8.7tMex$7.6tMex$614.6b11.6x14.2x1.2x
Sat, 04 Jan 2025Mex$8.6tMex$7.6tMex$613.4b11.7x13.9x1.1x
Mon, 02 Dec 2024Mex$8.4tMex$7.4tMex$602.3b11.7x14x1.1x
Wed, 30 Oct 2024Mex$8.8tMex$7.4tMex$603.8b11.9x14.6x1.2x
Fri, 27 Sep 2024Mex$9.2tMex$7.4tMex$589.8b12x15.5x1.2x
Sun, 25 Aug 2024Mex$9.2tMex$7.3tMex$587.7b11.7x15.6x1.3x
Tue, 23 Jul 2024Mex$9.2tMex$7.1tMex$554.3b13.3x16.6x1.3x
Thu, 20 Jun 2024Mex$9.0tMex$7.1tMex$576.5b12.5x15.6x1.3x
Sat, 18 May 2024Mex$9.7tMex$7.0tMex$568.3b14x17x1.4x
Mon, 15 Apr 2024Mex$9.4tMex$7.1tMex$578.7b13.4x16.3x1.3x
Wed, 13 Mar 2024Mex$9.4tMex$7.1tMex$585.4b13x16.1x1.3x
Fri, 09 Feb 2024Mex$9.8tMex$7.4tMex$631.1b13.8x15.5x1.3x
Sun, 07 Jan 2024Mex$9.7tMex$7.4tMex$655.8b13.3x14.8x1.3x
Tue, 05 Dec 2023Mex$9.3tMex$7.4tMex$659.0b12.4x14.2x1.3x
Thu, 02 Nov 2023Mex$8.7tMex$7.5tMex$666.2b11.8x13x1.2x
Sat, 30 Sep 2023Mex$9.0tMex$7.5tMex$660.9b13x13.7x1.2x
Mon, 28 Aug 2023Mex$9.2tMex$7.4tMex$653.5b12.7x14.1x1.2x
Wed, 26 Jul 2023Mex$9.3tMex$7.4tMex$654.7b12.9x14.3x1.3x
Fri, 23 Jun 2023Mex$9.3tMex$7.3tMex$638.8b13.2x14.5x1.3x
Sun, 21 May 2023Mex$9.3tMex$7.3tMex$640.4b13.4x14.5x1.3x
Tue, 18 Apr 2023Mex$9.6tMex$7.2tMex$655.9b12.5x14.6x1.3x
Thu, 16 Mar 2023Mex$9.3tMex$7.4tMex$667.5b11.8x13.9x1.3x
Sat, 11 Feb 2023Mex$9.3tMex$7.2tMex$667.0b11.7x14x1.3x
Mon, 09 Jan 2023Mex$9.2tMex$7.2tMex$661.1b11.9x14x1.3x
Wed, 07 Dec 2022Mex$9.1tMex$7.3tMex$651.2b11.8x14x1.2x
Fri, 04 Nov 2022Mex$9.1tMex$8.3tMex$2.6t11.5x3.5x1.1x
Sun, 02 Oct 2022Mex$8.2tMex$7.2tMex$627.4b10.7x13.1x1.1x
Tue, 30 Aug 2022Mex$8.4tMex$7.2tMex$626.4b11.3x13.5x1.2x
Thu, 28 Jul 2022Mex$8.6tMex$7.1tMex$628.3b12.7x13.7x1.2x
Price to Earnings Ratio

13.7x


Total Market Cap: Mex$8.6tTotal Earnings: Mex$628.3bTotal Revenue: Mex$7.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Price to Earnings3Y Average 14.5x202320242025
Current Market PE
  • Investors are relatively neutral on the Mexican market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 14.5x.
Past Earnings Growth
  • The earnings for Mexican listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 2.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.

Sector Trends

Which sectors have driven the changes within the Mexican Market?

MX Market-1.08%
Utilities1.74%
Healthcare1.15%
Industrials1.04%
Materials0.13%
Real Estate-0.23%
Financials-0.26%
Telecom-1.74%
Consumer Discretionary-2.42%
Consumer Staples-2.80%
Energy-3.70%
Sector PE
  • Investors favour the Utilities sector the most for future growth which is trading above its 3-year average PE ratio.
    • It looks like investors are confident that earnings will grow faster in the future than they have historically.
  • The Real Estate sector is the least preferred by investors for future growth, which is trading close to its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 24% over the next 5 years.
  • This is better than its past earnings growth rate of 5.9% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 6.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
GCARSO A1 Grupo Carso. deMex$144.565.1%
+Mex$15.9b		12.1%PE24xIndustrials
AC * Arca Continental. deMex$196.444.9%
+Mex$15.6b		9.5%PE16.6xConsumer Staples
CEMEX CPO CEMEX. deMex$14.233.6%
+Mex$7.6b		26.9%PE14.8xMaterials
GFINBUR O Grupo Financiero Inbursa. deMex$50.681.7%
+Mex$5.0b		15.3%PB1.2xFinancials
ALFA A Alfa. deMex$14.624.2%
+Mex$3.3b		32.4%PS0.5xConsumer Staples
See more

Market Insights

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The Big Beautiful Deficit
Last Week

The Big Beautiful Deficit

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AC *
Mex$196.44
Arca Continental. de
7D
4.9%
1Y
9.5%

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WALMEX *
Mex$53.41
Wal-Mart de México. de
7D
-7.4%
1Y
-15.8%

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FEMSA UBD
Mex$186.60
Fomento Económico Mexicano. de
7D
-0.9%
1Y
-11.1%

Fomento Económico Mexicano. de (BMV:FEMSAUBD) Has Announced A Dividend Of MX$3.67

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ASUR B
Mex$582.88
Grupo Aeroportuario del Sureste S. A. B. de C. V
7D
1.5%
1Y
4.4%

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GCARSO A1
Mex$144.56
Grupo Carso. de
7D
5.1%
1Y
12.1%
VISTA A
Mex$833.03
Vista Energy. de
7D
-3.7%
1Y
-4.2%
CEMEX CPO
Mex$14.23
CEMEX. de
7D
3.6%
1Y
26.9%
PE&OLES *
Mex$505.29
Industrias Peñoles. de
7D
-1.7%
1Y
95.5%
AMX B
Mex$16.03
América Móvil. de
7D
-2.1%
1Y
0.6%
GMEXICO B
Mex$114.38
Grupo México. de
7D
-0.4%
1Y
10.5%

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LIVEPOL C-1
Mex$94.11
El Puerto de Liverpool. de
7D
-3.8%
1Y
-32.2%

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ALFA A
Mex$14.62
Alfa. de
7D
4.2%
1Y
32.4%
CIE B
Mex$39.70
Corporación Interamericana de Entretenimiento. de
7D
8.8%
1Y
n/a

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GFNORTE O
Mex$161.27
Grupo Financiero Banorte. de
7D
-0.9%
1Y
7.6%
MFRISCO A-1
Mex$4.30
Minera Frisco. de
7D
13.2%
1Y
33.1%
GFINBUR O
Mex$50.68
Grupo Financiero Inbursa. de
7D
1.7%
1Y
15.3%