Investing IdeasBrowse All StocksMarkets

Have your own idea? Try our Stock Screener

Header cover image

Mexican (IPC) Market Analysis & Valuation

UpdatedApr 30, 2025
DataAggregated Company Financials
Companies118
  • 7D-1.1%
  • 3M6.4%
  • 1Y-4.3%
  • YTD8.5%

Over the last 7 days, the market has dropped 1.1%, driven by a loss of 3.0% in the Consumer Staples sector. In the last 12 months the market is down 4.3%. As for the next few years, earnings are expected to grow by 11% per annum.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 30 Apr 2025Mex$9.1tMex$7.6tMex$607.7b11.1x14.9x1.2x
Fri, 28 Mar 2025Mex$8.7tMex$7.6tMex$608.8b10.6x14.2x1.1x
Sun, 23 Feb 2025Mex$8.9tMex$7.6tMex$624.3b12x14.3x1.2x
Tue, 21 Jan 2025Mex$8.5tMex$7.6tMex$614.0b11.4x13.9x1.1x
Thu, 19 Dec 2024Mex$8.7tMex$7.6tMex$611.9b11.7x14.2x1.2x
Sat, 16 Nov 2024Mex$8.5tMex$7.4tMex$602.5b11.6x14.1x1.1x
Mon, 14 Oct 2024Mex$9.1tMex$7.3tMex$587.1b12.2x15.5x1.2x
Wed, 11 Sep 2024Mex$9.0tMex$7.4tMex$592.5b11.6x15.1x1.2x
Fri, 09 Aug 2024Mex$9.0tMex$7.3tMex$586.4b11.5x15.4x1.2x
Sun, 07 Jul 2024Mex$9.0tMex$7.1tMex$582.8b12.6x15.4x1.3x
Tue, 04 Jun 2024Mex$9.2tMex$7.1tMex$572.7b13.6x16.1x1.3x
Thu, 02 May 2024Mex$9.4tMex$7.1tMex$569.5b13.4x16.5x1.3x
Sat, 30 Mar 2024Mex$9.7tMex$7.1tMex$582.6b13.8x16.6x1.4x
Mon, 26 Feb 2024Mex$9.7tMex$7.2tMex$583.7b13.7x16.6x1.3x
Wed, 24 Jan 2024Mex$9.4tMex$7.4tMex$662.6b12.8x14.3x1.3x
Fri, 22 Dec 2023Mex$9.7tMex$7.4tMex$656.7b13x14.8x1.3x
Sun, 19 Nov 2023Mex$9.0tMex$7.4tMex$656.9b11.8x13.7x1.2x
Tue, 17 Oct 2023Mex$8.7tMex$7.5tMex$664.3b12.3x13.1x1.2x
Thu, 14 Sep 2023Mex$9.1tMex$7.5tMex$659.4b12.9x13.8x1.2x
Sat, 12 Aug 2023Mex$9.3tMex$7.5tMex$659.9b13.2x14.1x1.3x
Mon, 10 Jul 2023Mex$9.3tMex$7.3tMex$636.5b13.7x14.6x1.3x
Wed, 07 Jun 2023Mex$9.2tMex$7.3tMex$637.9b13.3x14.5x1.3x
Fri, 05 May 2023Mex$9.5tMex$7.4tMex$669.5b12.9x14.2x1.3x
Sun, 02 Apr 2023Mex$9.5tMex$7.2tMex$660.7b12x14.4x1.3x
Tue, 28 Feb 2023Mex$9.4tMex$7.4tMex$668.5b11.4x14x1.3x
Thu, 26 Jan 2023Mex$9.7tMex$7.2tMex$661.7b12x14.6x1.3x
Sat, 24 Dec 2022Mex$9.1tMex$7.3tMex$649.0b11.7x14x1.2x
Mon, 21 Nov 2022Mex$9.2tMex$7.3tMex$649.7b11.5x14.1x1.3x
Wed, 19 Oct 2022Mex$8.4tMex$7.2tMex$627.2b10.8x13.4x1.2x
Fri, 16 Sep 2022Mex$8.5tMex$7.2tMex$626.7b11.3x13.5x1.2x
Sun, 14 Aug 2022Mex$8.8tMex$7.2tMex$625.8b11.6x14.1x1.2x
Tue, 12 Jul 2022Mex$8.6tMex$7.0tMex$636.5b12x13.5x1.2x
Thu, 09 Jun 2022Mex$8.7tMex$6.8tMex$618.0b12.1x14.1x1.3x
Sat, 07 May 2022Mex$8.6tMex$6.9tMex$624.1b12.1x13.8x1.3x
Price to Earnings Ratio

13.8x


Total Market Cap: Mex$8.6tTotal Earnings: Mex$624.1bTotal 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-1.09%
Healthcare6.32%
Real Estate0.66%
Financials0.58%
Telecom0.38%
Materials-0.075%
Utilities-0.48%
Industrials-1.21%
Consumer Discretionary-1.78%
Consumer Staples-2.95%
Energy-4.97%
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 below its 3-year average of 8.5x.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 28% over the next 5 years.
  • This is better than its past earnings growth rate of 2.2% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 21% 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
GFNORTE O Grupo Financiero Banorte. deMex$165.333.5%
+Mex$15.4b		-2.5%PB1.7xFinancials
FEMSA UBD Fomento Económico Mexicano. deMex$206.05-1.2%
Mex$13.7b		2.8%PE27.1xConsumer Staples
CEMEX CPO CEMEX. deMex$11.907.6%
+Mex$12.2b		-12.3%PE11.4xMaterials
AMX B América Móvil. deMex$16.771.1%
+Mex$11.5b		2.8%PE36xTelecom
Q * Quálitas Controladora. deMex$215.355.3%
+Mex$4.3b		-3.9%PE14.2xFinancials
See more
Simply Wall St™
Simply Wall Street Pty Ltd
Level 7, 320 Pitt Street, Sydney
Download on the App StoreGet it on Google Play
Popular Markets
USAUUKINCAZA
About UsCareersPlans & PricingLogin
Help CenterLatest CoveragePodcastsAffiliate ProgramBusiness & EnterpriseWhat's New
Financial Services GuideTerms and ConditionsPrivacy Policy
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Header cover image

🏛️ How Fiscal Dominance Impacts Your Portfolio

Richard Bowman avatar
Richard Bowman
|
|

5 comments

The term ‘ Fiscal Dominance ’ has been popping up more in recent years, thanks to rising U.S. deficits. For the sake of your portfolio, this trend and its consequences are worth knowing about.
Continue reading
⛈️ Protecting Capital With The All-Weather Portfolio Strategy
Last Week

⛈️ Protecting Capital With The All-Weather Portfolio Strategy

Latest News

GRUMA B

Mex$366.28

Gruma. de

7D

-4.6%

1Y

8.9%

Q *

Mex$215.35

Quálitas Controladora. de

7D

5.3%

1Y

-3.9%

CEMEX CPO

Mex$11.90

CEMEX. de

7D

7.6%

1Y

-12.3%

SITES1 A-1

Mex$16.87

Operadora de Sites Mexicanos. de

7D

-11.0%

1Y

-12.5%

FEMSA UBD

Mex$206.05

Fomento Económico Mexicano. de

7D

-1.2%

1Y

2.8%

VESTA *

Mex$53.67

Corporación Inmobiliaria Vesta. de

7D

6.8%

1Y

-11.5%

GMEXICO B

Mex$102.46

Grupo México. de

7D

0.4%

1Y

-3.2%

AC *

Mex$202.30

Arca Continental. de

7D

-5.2%

1Y

21.1%

LIVEPOL C-1

Mex$90.84

El Puerto de Liverpool. de

7D

-4.9%

1Y

-33.5%

BIMBO A

Mex$63.60

Grupo Bimbo. de

7D

-4.3%

1Y

-11.4%

What Grupo Bimbo, S.A.B. de C.V.'s (BMV:BIMBOA) P/E Is Not Telling You

Apr 26
What Grupo Bimbo, S.A.B. de C.V.'s (BMV:BIMBOA) P/E Is Not Telling You

GFNORTE O

Mex$165.33

Grupo Financiero Banorte. de

7D

3.5%

1Y

-2.5%

FIBRAPL 14

Mex$67.43

FIBRA Prologis

7D

3.5%

1Y

-0.2%

GFINBUR O

Mex$50.85

Grupo Financiero Inbursa. de

7D

-2.7%

1Y

7.1%

WALMEX *

Mex$59.72

Wal-Mart de México. de

7D

-4.0%

1Y

-6.6%

Capital Investments At Wal-Mart de México. de (BMV:WALMEX) Point To A Promising Future

Apr 21
Capital Investments At Wal-Mart de México. de (BMV:WALMEX) Point To A Promising Future

PE&OLES *

Mex$376.56

Industrias Peñoles. de

7D

-10.7%

1Y

51.5%

Little Excitement Around Industrias Peñoles, S.A.B. de C.V.'s (BMV:PE&OLES) Revenues

Apr 16
Little Excitement Around Industrias Peñoles, S.A.B. de C.V.'s (BMV:PE&OLES) Revenues

AMX B

Mex$16.77

América Móvil. de

7D

1.1%

1Y

2.8%