Header cover image

Mexican (IPC) Market Analysis & Valuation

UpdatedMay 14, 2025
DataAggregated Company Financials
Companies116
  • 7D-0.9%
  • 3M5.8%
  • 1Y-3.4%
  • YTD11.5%

In the last week, the market has stayed flat, however the Energy sector stood out, gaining 13%. The past year hasn't been profitable, with the market dropping 3.4%. 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, 14 May 2025Mex$9.2tMex$7.6tMex$591.8b11.9x15.5x1.2x
Fri, 11 Apr 2025Mex$8.5tMex$7.6tMex$611.8b10.6x13.9x1.1x
Sun, 09 Mar 2025Mex$8.7tMex$7.6tMex$598.7b10.6x14.5x1.2x
Tue, 04 Feb 2025Mex$8.6tMex$7.6tMex$615.4b11.6x14x1.1x
Thu, 02 Jan 2025Mex$8.5tMex$7.6tMex$614.5b11.6x13.9x1.1x
Sat, 30 Nov 2024Mex$8.4tMex$7.4tMex$602.3b11.7x14x1.1x
Mon, 28 Oct 2024Mex$8.8tMex$7.4tMex$601.3b12x14.6x1.2x
Wed, 25 Sep 2024Mex$9.0tMex$7.4tMex$588.2b12.1x15.4x1.2x
Fri, 23 Aug 2024Mex$9.2tMex$7.4tMex$589.8b11.6x15.6x1.3x
Sun, 21 Jul 2024Mex$9.2tMex$7.2tMex$554.7b13.6x16.6x1.3x
Tue, 18 Jun 2024Mex$8.8tMex$7.1tMex$577.3b12.3x15.3x1.2x
Thu, 16 May 2024Mex$9.6tMex$7.0tMex$568.4b13.9x16.9x1.4x
Sat, 13 Apr 2024Mex$9.5tMex$7.1tMex$578.9b13.4x16.3x1.3x
Mon, 11 Mar 2024Mex$9.4tMex$7.1tMex$585.4b13x16.1x1.3x
Wed, 07 Feb 2024Mex$9.8tMex$7.4tMex$630.9b13.8x15.5x1.3x
Fri, 05 Jan 2024Mex$9.6tMex$7.4tMex$656.6b13.2x14.7x1.3x
Sun, 03 Dec 2023Mex$9.3tMex$7.4tMex$657.5b12.4x14.2x1.3x
Tue, 31 Oct 2023Mex$8.7tMex$7.5tMex$665.8b11.7x13.1x1.2x
Thu, 28 Sep 2023Mex$9.0tMex$7.5tMex$662.3b12.9x13.5x1.2x
Sat, 26 Aug 2023Mex$9.2tMex$7.4tMex$653.5b12.8x14.1x1.2x
Mon, 24 Jul 2023Mex$9.4tMex$7.4tMex$652.9b12.9x14.3x1.3x
Wed, 21 Jun 2023Mex$9.4tMex$7.3tMex$638.9b13.1x14.7x1.3x
Fri, 19 May 2023Mex$9.5tMex$7.3tMex$641.0b13.2x14.7x1.3x
Sun, 16 Apr 2023Mex$9.6tMex$7.2tMex$655.8b12.5x14.6x1.3x
Tue, 14 Mar 2023Mex$9.4tMex$7.4tMex$668.3b12x14.1x1.3x
Thu, 09 Feb 2023Mex$9.4tMex$7.2tMex$667.6b11.7x14.1x1.3x
Sat, 07 Jan 2023Mex$9.2tMex$7.2tMex$661.1b11.9x14x1.3x
Mon, 05 Dec 2022Mex$9.2tMex$7.3tMex$649.0b11.9x14.1x1.3x
Wed, 02 Nov 2022Mex$9.1tMex$8.3tMex$2.6t11.5x3.5x1.1x
Fri, 30 Sep 2022Mex$8.3tMex$7.2tMex$627.9b10.6x13.2x1.1x
Sun, 28 Aug 2022Mex$8.6tMex$7.2tMex$625.9b11.4x13.7x1.2x
Tue, 26 Jul 2022Mex$8.7tMex$7.1tMex$625.7b12.1x13.9x1.2x
Thu, 23 Jun 2022Mex$8.4tMex$6.8tMex$624.4b12.2x13.4x1.2x
Sat, 21 May 2022Mex$8.8tMex$6.9tMex$622.4b11.9x14.1x1.3x
Price to Earnings Ratio

14.1x


Total Market Cap: Mex$8.8tTotal Earnings: Mex$622.4bTotal 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-0.93%
Energy13.13%
Healthcare4.64%
Consumer Discretionary1.10%
Materials0.54%
Telecom-1.11%
Financials-1.37%
Consumer Staples-1.45%
Industrials-1.72%
Real Estate-2.15%
Utilities-4.07%
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 26% over the next 5 years.
  • This is better than its past earnings decline of 19% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 18% 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
VISTA A Vista Energy. deMex$994.0513.1%
+Mex$12.2b
25.8%PE11.2xEnergy
CEMEX CPO CEMEX. deMex$13.234.6%
+Mex$8.8b
0.4%PE13.3xMaterials
GMEXICO B Grupo México. deMex$103.830.7%
+Mex$5.4b
-0.2%PE11.2xMaterials
CHDRAUI B Grupo Comercial Chedraui. deMex$139.813.6%
+Mex$4.7b
13.6%PE21.2xConsumer Staples
CMOCTEZ * Corporación Moctezuma. deMex$85.003.7%
+Mex$2.6b
13.5%PE11.1xMaterials
See more
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

The time has come. The G.O.A.T. is retiring. Warren Buffett’s decision to step down as CEO of Berkshire Hathaway marks the end of an era - 60 years, to be precise.

Latest News

GMEXICO B

Mex$103.83

Grupo México. de

7D

0.7%

1Y

-0.2%

GFINBUR O

Mex$51.57

Grupo Financiero Inbursa. de

7D

-3.5%

1Y

4.1%

CEMEX CPO

Mex$13.23

CEMEX. de

7D

4.6%

1Y

0.4%

GCARSO A1

Mex$129.73

Grupo Carso. de

7D

-5.3%

1Y

-13.6%

FIBRAPL 14

Mex$68.64

FIBRA Prologis

7D

-6.7%

1Y

3.5%

LACOMER UBC

Mex$42.17

La Comer. de

7D

5.4%

1Y

14.5%

AMX B

Mex$16.75

América Móvil. de

7D

-0.9%

1Y

-0.3%

GAP B

Mex$416.85

Grupo Aeroportuario del Pacífico. de

7D

-4.2%

1Y

30.8%

LIVEPOL C-1

Mex$96.65

El Puerto de Liverpool. de

7D

1.8%

1Y

-31.6%