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Mexican (IPC) Market Analysis & Valuation
UpdatedMay 24, 2025
DataAggregated Company Financials
Companies116
- 7D0.7%
- 3M7.6%
- 1Y0.6%
- YTD12.8%
The market has stayed flat over the 7 days. 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?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 25 May 2025 | Mex$9.3t | Mex$7.6t | Mex$589.7b | 12.4x | 15.7x | 1.2x |
| Tue, 22 Apr 2025 | Mex$8.9t | Mex$7.5t | Mex$605.5b | 11.1x | 14.6x | 1.2x |
| Thu, 20 Mar 2025 | Mex$8.7t | Mex$7.6t | Mex$595.8b | 10.9x | 14.6x | 1.2x |
| Sat, 15 Feb 2025 | Mex$9.0t | Mex$7.6t | Mex$617.3b | 11.6x | 14.6x | 1.2x |
| Mon, 13 Jan 2025 | Mex$8.5t | Mex$7.6t | Mex$606.6b | 11.2x | 14x | 1.1x |
| Wed, 11 Dec 2024 | Mex$8.8t | Mex$7.5t | Mex$602.4b | 11.8x | 14.6x | 1.2x |
| Fri, 08 Nov 2024 | Mex$8.7t | Mex$7.4t | Mex$594.6b | 11.7x | 14.6x | 1.2x |
| Sun, 06 Oct 2024 | Mex$9.1t | Mex$7.3t | Mex$587.8b | 12.2x | 15.5x | 1.2x |
| Tue, 03 Sep 2024 | Mex$9.1t | Mex$7.4t | Mex$590.8b | 11.8x | 15.4x | 1.2x |
| Thu, 01 Aug 2024 | Mex$9.1t | Mex$7.3t | Mex$582.5b | 12.2x | 15.6x | 1.3x |
| Sat, 29 Jun 2024 | Mex$9.0t | Mex$7.1t | Mex$583.3b | 13x | 15.4x | 1.3x |
| Mon, 27 May 2024 | Mex$9.3t | Mex$7.0t | Mex$566.4b | 13.5x | 16.4x | 1.3x |
| Wed, 24 Apr 2024 | Mex$9.4t | Mex$7.1t | Mex$575.3b | 13.4x | 16.4x | 1.3x |
| Fri, 22 Mar 2024 | Mex$9.6t | Mex$7.1t | Mex$585.0b | 13.4x | 16.5x | 1.4x |
| Sun, 18 Feb 2024 | Mex$9.5t | Mex$7.3t | Mex$619.1b | 13.5x | 15.4x | 1.3x |
| Tue, 16 Jan 2024 | Mex$9.6t | Mex$7.4t | Mex$655.9b | 12.9x | 14.7x | 1.3x |
| Thu, 14 Dec 2023 | Mex$9.4t | Mex$7.4t | Mex$657.9b | 12.3x | 14.3x | 1.3x |
| Sat, 11 Nov 2023 | Mex$8.8t | Mex$7.4t | Mex$657.4b | 11.9x | 13.4x | 1.2x |
| Mon, 09 Oct 2023 | Mex$8.8t | Mex$7.5t | Mex$665.8b | 12.5x | 13.2x | 1.2x |
| Wed, 06 Sep 2023 | Mex$9.2t | Mex$7.5t | Mex$659.5b | 13x | 14x | 1.2x |
| Fri, 04 Aug 2023 | Mex$9.3t | Mex$7.5t | Mex$661.2b | 13.3x | 14x | 1.2x |
| Sun, 02 Jul 2023 | Mex$9.2t | Mex$7.3t | Mex$638.3b | 13.1x | 14.5x | 1.3x |
| Tue, 30 May 2023 | Mex$9.3t | Mex$7.3t | Mex$639.0b | 13.3x | 14.5x | 1.3x |
| Thu, 27 Apr 2023 | Mex$9.4t | Mex$7.3t | Mex$664.2b | 12.4x | 14.2x | 1.3x |
| Sat, 25 Mar 2023 | Mex$9.1t | Mex$7.2t | Mex$637.0b | 12.9x | 14.3x | 1.3x |
| Mon, 20 Feb 2023 | Mex$9.4t | Mex$7.2t | Mex$664.1b | 11.9x | 14.2x | 1.3x |
| Wed, 18 Jan 2023 | Mex$9.4t | Mex$7.2t | Mex$657.9b | 11.8x | 14.3x | 1.3x |
| Fri, 16 Dec 2022 | Mex$8.9t | Mex$7.3t | Mex$651.3b | 11.8x | 13.7x | 1.2x |
| Sun, 13 Nov 2022 | Mex$9.2t | Mex$8.3t | Mex$2.6t | 11.3x | 3.6x | 1.1x |
| Tue, 11 Oct 2022 | Mex$8.3t | Mex$7.2t | Mex$626.7b | 10.8x | 13.3x | 1.2x |
| Thu, 08 Sep 2022 | Mex$8.4t | Mex$7.2t | Mex$627.1b | 11.2x | 13.3x | 1.2x |
| Sat, 06 Aug 2022 | Mex$8.6t | Mex$7.2t | Mex$628.8b | 11.6x | 13.6x | 1.2x |
| Mon, 04 Jul 2022 | Mex$8.6t | Mex$6.9t | Mex$634.1b | 12x | 13.6x | 1.2x |
| Wed, 01 Jun 2022 | Mex$8.9t | Mex$6.9t | Mex$619.1b | 12.3x | 14.4x | 1.3x |
Price to Earnings Ratio
14.4x
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 3.4% 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 | 0.71% | |
| Materials | 1.42% | |
| Consumer Staples | 1.01% | |
| Industrials | 0.87% | |
| Real Estate | 0.53% | |
| Consumer Discretionary | 0.49% | |
| Telecom | 0.091% | |
| Financials | 0.081% | |
| Utilities | -0.50% | |
| Energy | -2.26% | |
| Healthcare | -2.59% | |
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 growth rate of 5.9% 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?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| WALMEX * Wal-Mart de México. de | Mex$65.46 | 1.9% +Mex$21.3b | 0.6% | PE21.5x | Consumer Staples | |
| FEMSA UBD Fomento Económico Mexicano. de | Mex$205.17 | 2.1% +Mex$13.6b | 5.7% | PE26.2x | Consumer Staples | |
| AC * Arca Continental. de | Mex$212.54 | 2.9% +Mex$10.0b | 30.3% | PE18.1x | Consumer Staples | |
| GMEXICO B Grupo México. de | Mex$105.42 | 1.1% +Mex$8.6b | 1.2% | PE11.5x | Materials | |
| GAP B Grupo Aeroportuario del Pacífico. de | Mex$447.20 | 3.6% +Mex$7.8b | 38.7% | PE25.3x | Industrials |
