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Mexican (IPC) Market Analysis & Valuation

UpdatedJun 06, 2025
DataAggregated Company Financials
Companies115
  • 7D-0.3%
  • 3M7.8%
  • 1Y2.8%
  • YTD11.7%

The market has been flat in the last week, however the Energy sector is down 4.2%. In line with that, the market has also been flat over the past year. Looking forward, earnings are forecast to grow by 11% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 06 Jun 2025Mex$9.2tMex$7.6tMex$590.1b12.4x15.6x1.2x
Sun, 04 May 2025Mex$9.1tMex$7.6tMex$605.3b11.5x15x1.2x
Tue, 01 Apr 2025Mex$8.6tMex$7.6tMex$609.9b10.6x14x1.1x
Thu, 27 Feb 2025Mex$8.7tMex$7.5tMex$632.8b11.8x13.7x1.2x
Sat, 25 Jan 2025Mex$8.7tMex$7.5tMex$611.2b11.4x14.2x1.1x
Mon, 23 Dec 2024Mex$8.5tMex$7.5tMex$610.0b11.7x14x1.1x
Wed, 20 Nov 2024Mex$8.5tMex$7.4tMex$600.8b11.6x14.1x1.1x
Fri, 18 Oct 2024Mex$9.1tMex$7.4tMex$594.9b12x15.3x1.2x
Sun, 15 Sep 2024Mex$9.0tMex$7.3tMex$587.5b11.7x15.4x1.2x
Tue, 13 Aug 2024Mex$9.1tMex$7.3tMex$587.1b11.5x15.6x1.2x
Thu, 11 Jul 2024Mex$9.2tMex$7.1tMex$581.9b12.9x15.8x1.3x
Sat, 08 Jun 2024Mex$9.2tMex$7.1tMex$576.1b12.6x15.9x1.3x
Mon, 06 May 2024Mex$9.4tMex$7.1tMex$569.0b13.2x16.6x1.3x
Wed, 03 Apr 2024Mex$9.6tMex$7.1tMex$580.6b13.7x16.5x1.4x
Fri, 01 Mar 2024Mex$9.5tMex$7.1tMex$582.1b13.9x16.3x1.3x
Sun, 28 Jan 2024Mex$9.8tMex$7.4tMex$662.2b12.9x14.7x1.3x
Tue, 26 Dec 2023Mex$9.8tMex$7.4tMex$656.4b13.2x15x1.3x
Thu, 23 Nov 2023Mex$9.0tMex$7.4tMex$656.8b11.7x13.7x1.2x
Sat, 21 Oct 2023Mex$8.7tMex$7.5tMex$659.2b12.1x13.1x1.2x
Mon, 18 Sep 2023Mex$9.0tMex$7.4tMex$659.0b12.7x13.7x1.2x
Wed, 16 Aug 2023Mex$9.2tMex$7.4tMex$654.9b13.2x14.1x1.2x
Fri, 14 Jul 2023Mex$9.3tMex$7.3tMex$634.8b13.5x14.6x1.3x
Sun, 11 Jun 2023Mex$9.3tMex$7.3tMex$638.1b13.5x14.6x1.3x
Tue, 09 May 2023Mex$9.5tMex$7.4tMex$667.8b13.2x14.3x1.3x
Thu, 06 Apr 2023Mex$9.4tMex$7.3tMex$662.3b12x14.2x1.3x
Sat, 04 Mar 2023Mex$9.5tMex$7.3tMex$661.8b11.6x14.4x1.3x
Mon, 30 Jan 2023Mex$9.7tMex$7.2tMex$663.8b12x14.6x1.3x
Wed, 28 Dec 2022Mex$9.1tMex$7.3tMex$649.7b11.7x13.9x1.2x
Fri, 25 Nov 2022Mex$9.3tMex$7.3tMex$649.0b11.5x14.3x1.3x
Sun, 23 Oct 2022Mex$8.5tMex$7.3tMex$636.0b10.8x13.4x1.2x
Tue, 20 Sep 2022Mex$8.5tMex$7.2tMex$626.3b11.2x13.5x1.2x
Thu, 18 Aug 2022Mex$8.8tMex$7.2tMex$626.6b11.6x14.1x1.2x
Sat, 16 Jul 2022Mex$8.6tMex$7.0tMex$610.7b11.9x14x1.2x
Mon, 13 Jun 2022Mex$8.5tMex$6.9tMex$623.8b12.1x13.7x1.2x
Price to Earnings Ratio

13.7x


Total Market Cap: Mex$8.5tTotal Earnings: Mex$623.8bTotal Revenue: Mex$6.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Market Price to Earnings3Y Average 14.4x202320242025
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 14.4x.
Past Earnings Growth
  • The earnings for Mexican listed companies have remained mostly flat over the last three years.
  • Meanwhile revenues have grown 3.3% 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-0.25%
Materials2.16%
Consumer Discretionary1.66%
Utilities0.53%
Industrials0.37%
Financials0.038%
Consumer Staples-0.59%
Healthcare-1.17%
Telecom-2.14%
Real Estate-2.95%
Energy-4.24%
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 25% 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 17% 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
WALMEX * Wal-Mart de México. deMex$65.002.0%
+Mex$22.4b
3.9%PE21.4xConsumer Staples
PE&OLES * Industrias Peñoles. deMex$465.9913.7%
+Mex$22.3b
92.9%PE32.4xMaterials
GMEXICO B Grupo México. deMex$108.301.8%
+Mex$15.3b
13.8%PE11.8xMaterials
CHDRAUI B Grupo Comercial Chedraui. deMex$145.944.0%
+Mex$5.4b
17.5%PE22.1xConsumer Staples
GCARSO A1 Grupo Carso. deMex$125.981.9%
+Mex$5.3b
-6.1%PE20.9xIndustrials
See more
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Market Insights

It’s time for an update on renewable energy stocks, as well as nuclear stocks, which have continued to gain momentum. Specifically, we are having a look at the state of the clean energy transition, what it means for the sector, and how to find opportunities.

Latest News

PE&OLES *

Mex$465.99

Industrias Peñoles. de

7D

13.7%

1Y

92.9%

FEMSA UBD

Mex$201.84

Fomento Económico Mexicano. de

7D

-2.2%

1Y

1.6%

FIBRAPL 14

Mex$68.60

FIBRA Prologis

7D

-5.4%

1Y

-0.6%

WALMEX *

Mex$65.00

Wal-Mart de México. de

7D

2.0%

1Y

3.9%

GFINBUR O

Mex$49.27

Grupo Financiero Inbursa. de

7D

1.4%

1Y

10.8%

DANHOS 13

Mex$24.59

Fibra Danhos

7D

-12.7%

1Y

18.4%

AMX B

Mex$15.96

América Móvil. de

7D

-2.6%

1Y

0.6%