Subdued Growth No Barrier To CEMEX, S.A.B. de C.V. (BMV:CEMEXCPO) With Shares Advancing 26%
May 15
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Mexican (IPC) Market Analysis & Valuation
UpdatedMay 16, 2025
DataAggregated Company Financials
Companies116
- 7D1.5%
- 3M6.3%
- 1Y-3.6%
- YTD11.9%
Over the last 7 days, the market has risen 1.5%, driven by gains of 3.6% in the Financials sector. In contrast, the market has seen a decline of 3.6% over the last 12 months. 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 |
|---|---|---|---|---|---|---|
| Fri, 16 May 2025 | Mex$9.2t | Mex$7.6t | Mex$591.6b | 11.7x | 15.6x | 1.2x |
| Sun, 13 Apr 2025 | Mex$8.5t | Mex$7.6t | Mex$610.6b | 10.6x | 13.9x | 1.1x |
| Tue, 11 Mar 2025 | Mex$8.5t | Mex$7.6t | Mex$599.4b | 10.5x | 14.2x | 1.1x |
| Thu, 06 Feb 2025 | Mex$8.7t | Mex$7.6t | Mex$614.6b | 11.6x | 14.2x | 1.2x |
| Sat, 04 Jan 2025 | Mex$8.6t | Mex$7.6t | Mex$613.4b | 11.7x | 13.9x | 1.1x |
| Mon, 02 Dec 2024 | Mex$8.4t | Mex$7.4t | Mex$602.3b | 11.7x | 14x | 1.1x |
| Wed, 30 Oct 2024 | Mex$8.8t | Mex$7.4t | Mex$603.8b | 11.9x | 14.6x | 1.2x |
| Fri, 27 Sep 2024 | Mex$9.2t | Mex$7.4t | Mex$589.8b | 12x | 15.5x | 1.2x |
| Sun, 25 Aug 2024 | Mex$9.2t | Mex$7.3t | Mex$587.7b | 11.7x | 15.6x | 1.3x |
| Tue, 23 Jul 2024 | Mex$9.2t | Mex$7.1t | Mex$554.3b | 13.3x | 16.6x | 1.3x |
| Thu, 20 Jun 2024 | Mex$9.0t | Mex$7.1t | Mex$576.5b | 12.5x | 15.6x | 1.3x |
| Sat, 18 May 2024 | Mex$9.7t | Mex$7.0t | Mex$568.3b | 14x | 17x | 1.4x |
| Mon, 15 Apr 2024 | Mex$9.4t | Mex$7.1t | Mex$578.7b | 13.4x | 16.3x | 1.3x |
| Wed, 13 Mar 2024 | Mex$9.4t | Mex$7.1t | Mex$585.4b | 13x | 16.1x | 1.3x |
| Fri, 09 Feb 2024 | Mex$9.8t | Mex$7.4t | Mex$631.1b | 13.8x | 15.5x | 1.3x |
| Sun, 07 Jan 2024 | Mex$9.7t | Mex$7.4t | Mex$655.8b | 13.3x | 14.8x | 1.3x |
| Tue, 05 Dec 2023 | Mex$9.3t | Mex$7.4t | Mex$659.0b | 12.4x | 14.2x | 1.3x |
| Thu, 02 Nov 2023 | Mex$8.7t | Mex$7.5t | Mex$666.2b | 11.8x | 13x | 1.2x |
| Sat, 30 Sep 2023 | Mex$9.0t | Mex$7.5t | Mex$660.9b | 13x | 13.7x | 1.2x |
| Mon, 28 Aug 2023 | Mex$9.2t | Mex$7.4t | Mex$653.5b | 12.7x | 14.1x | 1.2x |
| Wed, 26 Jul 2023 | Mex$9.3t | Mex$7.4t | Mex$654.7b | 12.9x | 14.3x | 1.3x |
| Fri, 23 Jun 2023 | Mex$9.3t | Mex$7.3t | Mex$638.8b | 13.2x | 14.5x | 1.3x |
| Sun, 21 May 2023 | Mex$9.3t | Mex$7.3t | Mex$640.4b | 13.4x | 14.5x | 1.3x |
| Tue, 18 Apr 2023 | Mex$9.6t | Mex$7.2t | Mex$655.9b | 12.5x | 14.6x | 1.3x |
| Thu, 16 Mar 2023 | Mex$9.3t | Mex$7.4t | Mex$667.5b | 11.8x | 13.9x | 1.3x |
| Sat, 11 Feb 2023 | Mex$9.3t | Mex$7.2t | Mex$667.0b | 11.7x | 14x | 1.3x |
| Mon, 09 Jan 2023 | Mex$9.2t | Mex$7.2t | Mex$661.1b | 11.9x | 14x | 1.3x |
| Wed, 07 Dec 2022 | Mex$9.1t | Mex$7.3t | Mex$651.2b | 11.8x | 14x | 1.2x |
| Fri, 04 Nov 2022 | Mex$9.1t | Mex$8.3t | Mex$2.6t | 11.5x | 3.5x | 1.1x |
| Sun, 02 Oct 2022 | Mex$8.2t | Mex$7.2t | Mex$627.4b | 10.7x | 13.1x | 1.1x |
| Tue, 30 Aug 2022 | Mex$8.4t | Mex$7.2t | Mex$626.4b | 11.3x | 13.5x | 1.2x |
| Thu, 28 Jul 2022 | Mex$8.6t | Mex$7.1t | Mex$628.3b | 12.7x | 13.7x | 1.2x |
| Sat, 25 Jun 2022 | Mex$8.4t | Mex$6.9t | Mex$629.0b | 12.2x | 13.4x | 1.2x |
| Mon, 23 May 2022 | Mex$8.8t | Mex$6.9t | Mex$622.4b | 11.9x | 14.1x | 1.3x |
Price to Earnings Ratio
14.1x
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 | 1.49% | |
| Energy | 5.12% | |
| Financials | 3.60% | |
| Healthcare | 2.88% | |
| Materials | 2.40% | |
| Consumer Discretionary | 2.02% | |
| Telecom | 1.45% | |
| Industrials | 0.91% | |
| Consumer Staples | 0.73% | |
| Real Estate | -1.25% | |
| Utilities | -2.87% | |
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 17% 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 | |
|---|---|---|---|---|---|---|
| GFNORTE O Grupo Financiero Banorte. de | Mex$174.38 | 7.8% +Mex$35.0b | -0.2% | PB1.8x | Financials | |
| WALMEX * Wal-Mart de México. de | Mex$63.90 | 2.8% +Mex$30.6b | -5.9% | PE21x | Consumer Staples | |
| GMEXICO B Grupo México. de | Mex$104.72 | 3.5% +Mex$27.6b | -6.8% | PE11.2x | Materials | |
| AMX B América Móvil. de | Mex$16.90 | 1.9% +Mex$19.1b | 3.0% | PE30.6x | Telecom | |
| ASUR B Grupo Aeroportuario del Sureste S. A. B. de C. V | Mex$673.03 | 6.8% +Mex$12.9b | 14.5% | PE14.4x | Industrials |
