company background image
NEMAK A logo

Nemak S. A. B. de C. V BMV:NEMAK A Stock Report

Last Price

Mex$2.32

Market Cap

Mex$6.9b

7D

6.4%

1Y

-47.2%

Updated

17 Dec, 2024

Data

Company Financials +

Nemak, S. A. B. de C. V.

BMV:NEMAK A Stock Report

Market Cap: Mex$6.9b

NEMAK A Stock Overview

Develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. More details

NEMAK A fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance3/6
Financial Health2/6
Dividends0/6

Rewards

Trading at 80.4% below our estimate of its fair value

Earnings are forecast to grow 30.61% per year

Earnings grew by 95.9% over the past year

Risk Analysis

Interest payments are not well covered by earnings

Volatile share price over the past 3 months compared to the MX market

Large one-off items impacting financial results


My Notes

Capture your thoughts, links and company narrative

Nemak, S. A. B. de C. V. Competitors

Qingdao CHOHO IndustrialLtd

SZSE:003033

CN¥2.3b

West Shanghai Automotive ServiceLtd

SHSE:605151

CN¥2.2b

Tieliu Co.Ltd

SHSE:603926

CN¥2.2b

Press Kogyo

TSE:7246

JP¥52.3b

Price History & Performance

Summary of share price highs, lows and changes for Nemak S. A. B. de C. V
Historical stock prices
Current Share PriceMex$2.32
52 Week HighMex$4.60
52 Week LowMex$1.66
Beta0.84
1 Month Change34.88%
3 Month Change11.54%
1 Year Change-47.15%
3 Year Change-61.40%
5 Year Change-71.00%
Change since IPO-88.40%

Recent News & Updates

Nemak, S. A. B. de C. V. (BMV:NEMAKA) Could Be Riskier Than It Looks

Dec 07
Nemak, S. A. B. de C. V. (BMV:NEMAKA) Could Be Riskier Than It Looks

Analysts Are Updating Their Nemak, S. A. B. de C. V. (BMV:NEMAKA) Estimates After Its Third-Quarter Results

Oct 19
Analysts Are Updating Their Nemak, S. A. B. de C. V. (BMV:NEMAKA) Estimates After Its Third-Quarter Results

Recent updates

Nemak, S. A. B. de C. V. (BMV:NEMAKA) Could Be Riskier Than It Looks

Dec 07
Nemak, S. A. B. de C. V. (BMV:NEMAKA) Could Be Riskier Than It Looks

Analysts Are Updating Their Nemak, S. A. B. de C. V. (BMV:NEMAKA) Estimates After Its Third-Quarter Results

Oct 19
Analysts Are Updating Their Nemak, S. A. B. de C. V. (BMV:NEMAKA) Estimates After Its Third-Quarter Results

Is There Now An Opportunity In Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Sep 05
Is There Now An Opportunity In Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Slammed 28% Nemak, S. A. B. de C. V. (BMV:NEMAKA) Screens Well Here But There Might Be A Catch

Aug 13
Slammed 28% Nemak, S. A. B. de C. V. (BMV:NEMAKA) Screens Well Here But There Might Be A Catch

Is Nemak S. A. B. de C. V (BMV:NEMAKA) A Risky Investment?

Jun 08
Is Nemak S. A. B. de C. V (BMV:NEMAKA) A Risky Investment?

Nemak S. A. B. de C. V's (BMV:NEMAKA) Solid Earnings Have Been Accounted For Conservatively

May 01
Nemak S. A. B. de C. V's (BMV:NEMAKA) Solid Earnings Have Been Accounted For Conservatively

Nemak S. A. B. de C. V's (BMV:NEMAKA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Apr 19
Nemak S. A. B. de C. V's (BMV:NEMAKA) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Is There An Opportunity With Nemak, S. A. B. de C. V.'s (BMV:NEMAKA) 31% Undervaluation?

Mar 16
Is There An Opportunity With Nemak, S. A. B. de C. V.'s (BMV:NEMAKA) 31% Undervaluation?

Nemak, S. A. B. de C. V. Just Missed Earnings - But Analysts Have Updated Their Models

Feb 17
Nemak, S. A. B. de C. V. Just Missed Earnings - But Analysts Have Updated Their Models

Nemak, S. A. B. de C. V. (BMV:NEMAKA) Looks Inexpensive But Perhaps Not Attractive Enough

Feb 15
Nemak, S. A. B. de C. V. (BMV:NEMAKA) Looks Inexpensive But Perhaps Not Attractive Enough

Does This Valuation Of Nemak, S. A. B. de C. V. (BMV:NEMAKA) Imply Investors Are Overpaying?

Dec 16
Does This Valuation Of Nemak, S. A. B. de C. V. (BMV:NEMAKA) Imply Investors Are Overpaying?

Nemak S. A. B. de C. V (BMV:NEMAKA) Has Some Difficulty Using Its Capital Effectively

Sep 16
Nemak S. A. B. de C. V (BMV:NEMAKA) Has Some Difficulty Using Its Capital Effectively

Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Jun 30
Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Nemak S. A. B. de C. V's (BMV:NEMAKA) Returns On Capital Not Reflecting Well On The Business

Mar 15
Nemak S. A. B. de C. V's (BMV:NEMAKA) Returns On Capital Not Reflecting Well On The Business

These 4 Measures Indicate That Nemak S. A. B. de C. V (BMV:NEMAKA) Is Using Debt Extensively

Feb 06
These 4 Measures Indicate That Nemak S. A. B. de C. V (BMV:NEMAKA) Is Using Debt Extensively

Are Investors Undervaluing Nemak, S. A. B. de C. V. (BMV:NEMAKA) By 22%?

Jan 07
Are Investors Undervaluing Nemak, S. A. B. de C. V. (BMV:NEMAKA) By 22%?

Nemak S. A. B. de C. V (BMV:NEMAKA) Is Finding It Tricky To Allocate Its Capital

Oct 20
Nemak S. A. B. de C. V (BMV:NEMAKA) Is Finding It Tricky To Allocate Its Capital

What Is Nemak, S. A. B. de C. V.'s (BMV:NEMAKA) Share Price Doing?

Sep 22
What Is Nemak, S. A. B. de C. V.'s (BMV:NEMAKA) Share Price Doing?

Calculating The Intrinsic Value Of Nemak, S. A. B. de C. V. (BMV:NEMAKA)

Aug 11
Calculating The Intrinsic Value Of Nemak, S. A. B. de C. V. (BMV:NEMAKA)

These 4 Measures Indicate That Nemak S. A. B. de C. V (BMV:NEMAKA) Is Using Debt Extensively

Jul 16
These 4 Measures Indicate That Nemak S. A. B. de C. V (BMV:NEMAKA) Is Using Debt Extensively

Is Nemak, S. A. B. de C. V. (BMV:NEMAKA) Potentially Undervalued?

Jun 17
Is Nemak, S. A. B. de C. V. (BMV:NEMAKA) Potentially Undervalued?

Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Mar 18
Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Nemak S. A. B. de C. V (BMV:NEMAKA) Has Some Difficulty Using Its Capital Effectively

Feb 24
Nemak S. A. B. de C. V (BMV:NEMAKA) Has Some Difficulty Using Its Capital Effectively

Does Nemak S. A. B. de C. V (BMV:NEMAKA) Have A Healthy Balance Sheet?

Dec 04
Does Nemak S. A. B. de C. V (BMV:NEMAKA) Have A Healthy Balance Sheet?

Nemak, S. A. B. de C. V. (BMV:NEMAKA) Shares Could Be 48% Below Their Intrinsic Value Estimate

Oct 27
Nemak, S. A. B. de C. V. (BMV:NEMAKA) Shares Could Be 48% Below Their Intrinsic Value Estimate

Nemak S. A. B. de C. V (BMV:NEMAKA) Is Reinvesting At Lower Rates Of Return

Oct 05
Nemak S. A. B. de C. V (BMV:NEMAKA) Is Reinvesting At Lower Rates Of Return

Is It Too Late To Consider Buying Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Sep 11
Is It Too Late To Consider Buying Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Aug 20
Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Nemak S. A. B. de C. V (BMV:NEMAKA) Is Reinvesting At Lower Rates Of Return

Jun 14
Nemak S. A. B. de C. V (BMV:NEMAKA) Is Reinvesting At Lower Rates Of Return

Is Now An Opportune Moment To Examine Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

May 26
Is Now An Opportune Moment To Examine Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Is Nemak, S. A. B. de C. V. (BMV:NEMAKA) Trading At A 25% Discount?

May 07
Is Nemak, S. A. B. de C. V. (BMV:NEMAKA) Trading At A 25% Discount?

Investors In Nemak, S. A. B. de C. V. (BMV:NEMAKA) Should Consider This, First

Apr 09
Investors In Nemak, S. A. B. de C. V. (BMV:NEMAKA) Should Consider This, First

Is Nemak S. A. B. de C. V (BMV:NEMAKA) Likely To Turn Things Around?

Mar 07
Is Nemak S. A. B. de C. V (BMV:NEMAKA) Likely To Turn Things Around?

When Should You Buy Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Feb 16
When Should You Buy Nemak, S. A. B. de C. V. (BMV:NEMAKA)?

Do Institutions Own Nemak, S. A. B. de C. V. (BMV:NEMAKA) Shares?

Jan 28
Do Institutions Own Nemak, S. A. B. de C. V. (BMV:NEMAKA) Shares?

Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Jan 07
Nemak S. A. B. de C. V (BMV:NEMAKA) Has A Somewhat Strained Balance Sheet

Shareholder Returns

NEMAK AMX Auto ComponentsMX Market
7D6.4%-0.7%-1.1%
1Y-47.2%-16.7%-12.5%

Return vs Industry: NEMAK A underperformed the MX Auto Components industry which returned -15.7% over the past year.

Return vs Market: NEMAK A underperformed the MX Market which returned -11.5% over the past year.

Price Volatility

Is NEMAK A's price volatile compared to industry and market?
NEMAK A volatility
NEMAK A Average Weekly Movement6.1%
Auto Components Industry Average Movement3.8%
Market Average Movement4.0%
10% most volatile stocks in MX Market6.0%
10% least volatile stocks in MX Market2.8%

Stable Share Price: NEMAK A's share price has been volatile over the past 3 months compared to the MX market.

Volatility Over Time: NEMAK A's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

FoundedEmployeesCEOWebsite
197923,199Armando Martinezwww.nemak.com

Nemak, S. A. B. de C. V., together with its subsidiaries, develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. It offers powertrain components, such as cylinder heads, engine blocks, and transmission cases; vehicle structures, including longitudinal members, shock towers, and subframes; and e-mobility components comprising e-motor and battery housings for hybrid and electric vehicles. The company was formerly known as Tenedora Nemak, S. A. de C. V. and changed its name to Nemak, S. A. B. de C. V. in June 2015.

Nemak, S. A. B. de C. V. Fundamentals Summary

How do Nemak S. A. B. de C. V's earnings and revenue compare to its market cap?
NEMAK A fundamental statistics
Market capMex$6.94b
Earnings (TTM)Mex$1.01b
Revenue (TTM)Mex$97.68b

6.8x

P/E Ratio

0.1x

P/S Ratio

Is NEMAK A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEMAK A income statement (TTM)
RevenueUS$4.84b
Cost of RevenueUS$4.28b
Gross ProfitUS$553.65m
Other ExpensesUS$503.56m
EarningsUS$50.09m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.017
Gross Margin11.44%
Net Profit Margin1.04%
Debt/Equity Ratio103.0%

How did NEMAK A perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 14:01
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nemak, S. A. B. de C. V. is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andres Cardona GómezCitigroup Inc
Esteban Polidura FrohmaderDeutsche Bank
Alejandro Azar WabiGBM Grupo Bursátil Mexicano, S.A. de C.V. Casa de Bolsa