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Mexican (IPC) Market Analysis & Valuation

UpdatedJul 08, 2025
DataAggregated Company Financials
Companies117
  • 7D-0.9%
  • 3M7.4%
  • 1Y1.1%
  • YTD10.8%

Over the last 7 days, the market has remained flat, although notably the Communication Services sector gained 3.1% in that time. More promisingly, the market is up 3.9% over the past year. 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
Tue, 08 Jul 2025Mex$9.3tMex$7.6tMex$600.0b12.3x15.4x1.2x
Thu, 05 Jun 2025Mex$9.2tMex$7.6tMex$590.4b12.4x15.6x1.2x
Sat, 03 May 2025Mex$9.1tMex$7.6tMex$605.7b11.5x15x1.2x
Mon, 31 Mar 2025Mex$8.6tMex$7.6tMex$609.5b10.6x14.2x1.1x
Wed, 26 Feb 2025Mex$8.9tMex$7.6tMex$626.8b12x14.3x1.2x
Fri, 24 Jan 2025Mex$8.7tMex$7.6tMex$611.9b11.3x14.2x1.1x
Sun, 22 Dec 2024Mex$8.5tMex$7.5tMex$610.0b11.7x14x1.1x
Tue, 19 Nov 2024Mex$8.5tMex$7.4tMex$602.5b11.6x14.1x1.1x
Thu, 17 Oct 2024Mex$9.1tMex$7.4tMex$595.5b11.9x15.3x1.2x
Sat, 14 Sep 2024Mex$9.1tMex$7.3tMex$587.5b11.7x15.4x1.2x
Mon, 12 Aug 2024Mex$9.1tMex$7.3tMex$585.7b11.4x15.5x1.2x
Wed, 10 Jul 2024Mex$9.1tMex$7.1tMex$582.4b12.6x15.6x1.3x
Fri, 07 Jun 2024Mex$9.1tMex$7.1tMex$573.5b13.1x15.9x1.3x
Sun, 05 May 2024Mex$9.4tMex$7.1tMex$569.0b13.2x16.5x1.3x
Tue, 02 Apr 2024Mex$9.6tMex$7.1tMex$581.0b13.8x16.5x1.4x
Thu, 29 Feb 2024Mex$9.6tMex$7.2tMex$583.5b13.6x16.5x1.3x
Sat, 27 Jan 2024Mex$9.6tMex$7.4tMex$662.2b12.9x14.6x1.3x
Mon, 25 Dec 2023Mex$9.8tMex$7.4tMex$656.4b13.2x15x1.3x
Wed, 22 Nov 2023Mex$9.0tMex$7.4tMex$656.4b11.7x13.7x1.2x
Fri, 20 Oct 2023Mex$8.7tMex$7.5tMex$672.2b12.2x12.9x1.2x
Sun, 17 Sep 2023Mex$9.0tMex$7.4tMex$659.0b12.7x13.7x1.2x
Tue, 15 Aug 2023Mex$9.2tMex$7.4tMex$654.6b13.2x14.1x1.2x
Thu, 13 Jul 2023Mex$9.3tMex$7.3tMex$635.1b13.5x14.7x1.3x
Sat, 10 Jun 2023Mex$9.3tMex$7.3tMex$638.1b13.4x14.6x1.3x
Mon, 08 May 2023Mex$9.5tMex$7.4tMex$668.3b13.2x14.2x1.3x
Wed, 05 Apr 2023Mex$9.5tMex$7.2tMex$661.3b12x14.4x1.3x
Fri, 03 Mar 2023Mex$9.4tMex$7.4tMex$683.2b11.3x13.7x1.3x
Sun, 29 Jan 2023Mex$9.7tMex$7.2tMex$663.8b12x14.6x1.3x
Tue, 27 Dec 2022Mex$9.0tMex$7.3tMex$649.3b11.7x13.9x1.2x
Thu, 24 Nov 2022Mex$9.3tMex$7.3tMex$649.1b11.5x14.3x1.3x
Sat, 22 Oct 2022Mex$8.5tMex$7.3tMex$630.7b11.1x13.5x1.2x
Mon, 19 Sep 2022Mex$8.5tMex$7.2tMex$626.6b11.3x13.5x1.2x
Wed, 17 Aug 2022Mex$8.8tMex$7.2tMex$626.1b11.6x14.1x1.2x
Fri, 15 Jul 2022Mex$8.5tMex$7.0tMex$612.9b11.9x13.9x1.2x
Price to Earnings Ratio

13.9x


Total Market Cap: Mex$8.5tTotal Earnings: Mex$612.9bTotal Revenue: Mex$7.0tTotal 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 2.8% 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-0.90%
Real Estate0.23%
Healthcare0.15%
Telecom0.12%
Financials0.08%
Utilities-0.41%
Industrials-0.50%
Consumer Discretionary-0.72%
Materials-0.76%
Consumer Staples-2.18%
Energy-2.96%
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 9.6% 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
FEMSA UBD Fomento Económico Mexicano. deMex$196.861.4%
+Mex$9.2b		-1.8%PE25.1xConsumer Staples
GFINBUR O Grupo Financiero Inbursa. deMex$50.762.5%
+Mex$7.7b		17.2%PB1.2xFinancials
OMA B Grupo Aeroportuario del Centro Norte. deMex$257.172.5%
+Mex$2.4b		67.3%PE19.3xIndustrials
GFNORTE O Grupo Financiero Banorte. deMex$173.220.5%
+Mex$2.3b		17.8%PB1.8xFinancials
FIBRAPL 14 FIBRA PrologisMex$72.021.9%
+Mex$2.1b		10.1%PB0.8xReal Estate
See more

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Mex$51.08
Grupo Bimbo. de
7D
-2.2%
1Y
-20.1%
GFNORTE O
Mex$173.22
Grupo Financiero Banorte. de
7D
0.5%
1Y
17.8%
FIBRAPL 14
Mex$72.02
FIBRA Prologis
7D
1.9%
1Y
10.1%
VISTA A
Mex$872.71
Vista Energy. de
7D
-3.0%
1Y
6.7%
LAMOSA *
Mex$115.42
Grupo Lamosa. de
7D
5.5%
1Y
-6.9%

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FEMSA UBD
Mex$196.86
Fomento Económico Mexicano. de
7D
1.4%
1Y
-1.8%

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OMA B
Mex$257.17
Grupo Aeroportuario del Centro Norte. de
7D
2.5%
1Y
67.3%
AC *
Mex$192.80
Arca Continental. de
7D
-2.4%
1Y
8.8%

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GCARSO A1
Mex$133.46
Grupo Carso. de
7D
-1.5%
1Y
1.3%
MEGA CPO
Mex$55.48
Megacable Holdings S. A. B. de C. V
7D
4.1%
1Y
19.2%

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PE&OLES *
Mex$497.42
Industrias Peñoles. de
7D
-3.9%
1Y
100.4%
GMEXICO B
Mex$113.19
Grupo México. de
7D
-0.7%
1Y
3.3%

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GAP B
Mex$427.70
Grupo Aeroportuario del Pacífico. de
7D
-2.2%
1Y
49.2%

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Jun 18
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PINFRA *
Mex$216.31
Promotora y Operadora de Infraestructura S. A. B. de C. V
7D
2.2%
1Y
29.1%

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WALMEX *
Mex$59.47
Wal-Mart de México. de
7D
-5.2%
1Y
-7.0%

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GFINBUR O
Mex$50.76
Grupo Financiero Inbursa. de
7D
2.5%
1Y
17.2%