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WALM

Wal-Mart de México. de BMV:WALMEX * Stock Report

Last Price

Mex$70.83

Market Cap

Mex$1.2t

7D

-3.4%

1Y

1.0%

Updated

01 Oct, 2022

Data

Company Financials +
WALMEX * fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance5/6
Financial Health5/6
Dividends4/6

WALMEX * Stock Overview

Wal-Mart de México, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America.

Rewards

Earnings are forecast to grow 9.93% per year

Earnings have grown 6.2% per year over the past 5 years

Risk Analysis

No risks detected for WALMEX * from our risk checks.

Wal-Mart de México. de Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Wal-Mart de México. de
Historical stock prices
Current Share PriceMex$70.83
52 Week HighMex$82.93
52 Week LowMex$64.81
Beta0.18
1 Month Change1.62%
3 Month Change0.85%
1 Year Change0.95%
3 Year Change20.21%
5 Year Change65.30%
Change since IPO1,497.68%

Recent News & Updates

Sep 30
Wal-Mart de México. de (BMV:WALMEX) Is Aiming To Keep Up Its Impressive Returns

Wal-Mart de México. de (BMV:WALMEX) Is Aiming To Keep Up Its Impressive Returns

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Aug 05
Wal-Mart de México. de's (BMV:WALMEX) Shareholders Will Receive A Bigger Dividend Than Last Year

Wal-Mart de México. de's (BMV:WALMEX) Shareholders Will Receive A Bigger Dividend Than Last Year

Wal-Mart de México, S.A.B. de C.V.'s ( BMV:WALMEX ) dividend will be increasing from last year's payment of the same...

Jul 14
Wal-Mart de México. de's (BMV:WALMEX) Shareholders Will Receive A Bigger Dividend Than Last Year

Wal-Mart de México. de's (BMV:WALMEX) Shareholders Will Receive A Bigger Dividend Than Last Year

Wal-Mart de México, S.A.B. de C.V. ( BMV:WALMEX ) will increase its dividend from last year's comparable payment on the...

Jul 09
Estimating The Fair Value Of Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX)

Estimating The Fair Value Of Wal-Mart de México, S.A.B. de C.V. (BMV:WALMEX)

How far off is Wal-Mart de México, S.A.B. de C.V. ( BMV:WALMEX ) from its intrinsic value? Using the most recent...

Jun 21
Shareholders Are Optimistic That Wal-Mart de México. de (BMV:WALMEX) Will Multiply In Value

Shareholders Are Optimistic That Wal-Mart de México. de (BMV:WALMEX) Will Multiply In Value

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

WALMEX *MX Consumer RetailingMX Market
7D-3.4%-2.7%-1.8%
1Y1.0%2.8%-7.5%

Return vs Industry: WALMEX * underperformed the MX Consumer Retailing industry which returned 2.7% over the past year.

Return vs Market: WALMEX * exceeded the MX Market which returned -7.6% over the past year.

Price Volatility

Is WALMEX *'s price volatile compared to industry and market?
WALMEX * volatility
WALMEX * Average Weekly Movement3.8%
Consumer Retailing Industry Average Movement3.8%
Market Average Movement4.0%
10% most volatile stocks in MX Market6.7%
10% least volatile stocks in MX Market2.6%

Stable Share Price: WALMEX * is not significantly more volatile than the rest of MX stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: WALMEX *'s weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1958229,318Guilherme De Souza Macedo Loureirohttps://www.walmex.mx

Wal-Mart de México, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates 2,198 Bodega Aurrerá discount stores, 294 Walmart hypermarkets, 14 Superama supermarkets, 85 Walmart Express supermarkets, and 165 Sam’s Club membership self-service wholesale stores.

Wal-Mart de México. de Fundamentals Summary

How do Wal-Mart de México. de's earnings and revenue compare to its market cap?
WALMEX * fundamental statistics
Market CapMex$1.24t
Earnings (TTM)Mex$46.30b
Revenue (TTM)Mex$773.23b

26.7x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WALMEX * income statement (TTM)
RevenueMex$773.23b
Cost of RevenueMex$592.89b
Gross ProfitMex$180.34b
Other ExpensesMex$134.04b
EarningsMex$46.30b

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

Oct 20, 2022

Earnings per share (EPS)2.65
Gross Margin23.32%
Net Profit Margin5.99%
Debt/Equity Ratio0%

How did WALMEX * perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

38%

Payout Ratio

Does WALMEX * pay a reliable dividends?

See WALMEX * dividend history and benchmarks
When do you need to buy WALMEX * by to receive an upcoming dividend?
Wal-Mart de México. de dividend dates
Ex Dividend DateNov 17 2022
Dividend Pay DateNov 22 2022
Days until Ex dividend45 days
Days until Dividend pay date50 days

Does WALMEX * pay a reliable dividends?

See WALMEX * dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is WALMEX * undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for WALMEX *?

Other financial metrics that can be useful for relative valuation.

WALMEX * key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA15.6x
PEG Ratio2.7x

Price to Earnings Ratio vs Peers

How does WALMEX *'s PE Ratio compare to its peers?

WALMEX * PE Ratio vs Peers
The above table shows the PE ratio for WALMEX * vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.5x
SORIANA B Organización Soriana S. A. B. de C. V
10.2x7.5%Mex$47.2b
GIGANTE * Grupo Gigante S. A. B. de C. V
12.6xn/aMex$27.1b
CHDRAUI B Grupo Comercial Chedraui. de
12.9x10.2%Mex$56.9b
LACOMER UBC La Comer. de
22.1x11.2%Mex$39.5b
WALMEX * Wal-Mart de México. de
26.7x9.9%Mex$1.2t

Price-To-Earnings vs Peers: WALMEX * is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the peer average (14.5x).


Price to Earnings Ratio vs Industry

How does WALMEX *'s PE Ratio compare vs other companies in the South American Consumer Retailing Industry?

Price-To-Earnings vs Industry: WALMEX * is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the South American Consumer Retailing industry average (13.3x)


Price to Earnings Ratio vs Fair Ratio

What is WALMEX *'s PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

WALMEX * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio26.7x
Fair PE Ratio24.1x

Price-To-Earnings vs Fair Ratio: WALMEX * is expensive based on its Price-To-Earnings Ratio (26.7x) compared to the estimated Fair Price-To-Earnings Ratio (24.1x).


Share Price vs Fair Value

What is the Fair Price of WALMEX * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: WALMEX * (MX$70.83) is trading above our estimate of fair value (MX$62.45)

Significantly Below Fair Value: WALMEX * is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.


Discover undervalued companies

Future Growth

How is Wal-Mart de México. de forecast to perform in the next 1 to 3 years based on estimates from 13 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: WALMEX *'s forecast earnings growth (9.9% per year) is above the savings rate (7.2%).

Earnings vs Market: WALMEX *'s earnings (9.9% per year) are forecast to grow faster than the MX market (9.5% per year).

High Growth Earnings: WALMEX *'s earnings are forecast to grow, but not significantly.

Revenue vs Market: WALMEX *'s revenue (8.1% per year) is forecast to grow faster than the MX market (6.3% per year).

High Growth Revenue: WALMEX *'s revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: WALMEX *'s Return on Equity is forecast to be high in 3 years time (26.7%)


Discover growth companies

Past Performance

How has Wal-Mart de México. de performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


6.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: WALMEX * has high quality earnings.

Growing Profit Margin: WALMEX *'s current net profit margins (6%) are higher than last year (5.9%).


Past Earnings Growth Analysis

Earnings Trend: WALMEX *'s earnings have grown by 6.2% per year over the past 5 years.

Accelerating Growth: WALMEX *'s earnings growth over the past year (11.3%) exceeds its 5-year average (6.2% per year).

Earnings vs Industry: WALMEX * earnings growth over the past year (11.3%) underperformed the Consumer Retailing industry 28%.


Return on Equity

High ROE: WALMEX *'s Return on Equity (26.9%) is considered high.


Discover strong past performing companies

Financial Health

How is Wal-Mart de México. de's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: WALMEX *'s short term assets (MX$147.0B) do not cover its short term liabilities (MX$148.2B).

Long Term Liabilities: WALMEX *'s short term assets (MX$147.0B) exceed its long term liabilities (MX$76.2B).


Debt to Equity History and Analysis

Debt Level: WALMEX * is debt free.

Reducing Debt: WALMEX * has not had any debt for past 5 years.

Debt Coverage: WALMEX * has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WALMEX * has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Dividend

What is Wal-Mart de México. de current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.41%

Current Dividend Yield

Upcoming Dividend Payment

TodayOct 02 2022Ex Dividend DateNov 17 2022Dividend Pay DateNov 22 20225 days from Ex DividendBuy in the next 45 days to receive the upcoming dividend

Dividend Yield vs Market

Wal-Mart de México. de Dividend Yield vs Market
How does Wal-Mart de México. de dividend yield compare to the market?
SegmentDividend Yield
Company (Wal-Mart de México. de)2.4%
Market Bottom 25% (MX)2.4%
Market Top 25% (MX)6.6%
Industry Average (Consumer Retailing)2.3%
Analyst forecast in 3 Years (Wal-Mart de México. de)3.0%

Notable Dividend: WALMEX *'s dividend (2.41%) isn’t notable compared to the bottom 25% of dividend payers in the MX market (2.45%).

High Dividend: WALMEX *'s dividend (2.41%) is low compared to the top 25% of dividend payers in the MX market (6.63%).


Stability and Growth of Payments

Stable Dividend: WALMEX *'s dividends per share have been stable in the past 10 years.

Growing Dividend: WALMEX *'s dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (37.8%), WALMEX *'s dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (67.3%), WALMEX *'s dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.6yrs

Average management tenure


CEO

Guilherme De Souza Macedo Loureiro

6.5yrs

Tenure

Mr. Guilherme De Souza Macedo Loureiro has been Chief Executive Officer and President at Wal-Mart de México, S.A.B. de C.V. (formerly known as Wal-Mart de Mexico SA)B De CV since February 01, 2016. Mr. De...


Leadership Team

Experienced Management: WALMEX *'s management team is seasoned and experienced (6.6 years average tenure).


Board Members

Experienced Board: WALMEX *'s board of directors are considered experienced (4.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

What is the ownership structure of WALMEX *?
Owner TypeNumber of SharesOwnership Percentage
Institutions2,152,406,26212.3%
General Public2,996,961,37417.2%
Public Companies12,312,034,99570.5%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 80.31% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
70.51%
Walmart Inc.
12,312,034,995MX$872.1b0%no data
2.32%
BlackRock, Inc.
405,028,055MX$28.7b0.33%0.04%
1.42%
J.P. Morgan Asset Management, Inc.
248,685,824MX$17.6b-0.11%0.16%
1.35%
Invesco Ltd.
236,053,362MX$16.7b1.72%0.29%
1.22%
The Vanguard Group, Inc.
212,684,484MX$15.1b1.55%0.02%
0.43%
Vontobel Asset Management, Inc.
75,847,043MX$5.4b-11.97%0.96%
0.38%
GQG Partners LLC
66,706,147MX$4.7b43.6%0.36%
0.29%
FMR LLC
50,456,099MX$3.6b0.43%0.02%
0.24%
Massachusetts Financial Services Company
41,723,126MX$3.0b0.6%0.04%
0.23%
Hermes Investment Management Limited
39,504,502MX$2.8b0%0.91%
0.21%
Harding Loevner LP
36,718,429MX$2.6b-20.6%0.38%
0.19%
Norges Bank Investment Management
32,881,891MX$2.3b0%0.02%
0.18%
Columbia Management Investment Advisers, LLC
32,300,421MX$2.3b-3.64%0.03%
0.18%
Goldman Sachs Asset Management, L.P.
32,267,341MX$2.3b-0.42%0.05%
0.18%
T. Rowe Price Group, Inc.
31,966,321MX$2.3b-5.69%0.01%
0.14%
Baron Capital Group, Inc.
24,860,927MX$1.8b-28.84%0.24%
0.12%
Principal Global Investors, LLC
20,552,535MX$1.5b6.58%0.05%
0.12%
Baillie Gifford & Co.
20,139,829MX$1.4b9.75%0.04%
0.11%
Geode Capital Management, LLC
19,728,780MX$1.4b2.51%0.01%
0.1%
Eaton Vance Management
18,309,007MX$1.3b-0.27%0.02%
0.08%
Strategic Advisers LLC
13,960,663MX$988.8m-0.42%0.04%
0.073%
Dimensional Fund Advisors LP
12,802,477MX$906.8m0.98%0.01%
0.072%
abrdn plc
12,571,889MX$890.5m-2.68%0.05%
0.071%
Deutsche Asset & Wealth Management
12,411,662MX$879.1m6.11%0.02%
0.07%
Morgan Stanley Investment Management Inc.
12,277,510MX$869.6m-1.25%0.03%

Company Information

Wal-Mart de México, S.A.B. de C.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Wal-Mart de México, S.A.B. de C.V.
  • Ticker: WALMEX *
  • Exchange: BMV
  • Founded: 1958
  • Industry: Hypermarkets and Super Centers
  • Sector: Consumer Retailing
  • Implied Market Cap: Mex$1.237t
  • Shares outstanding: 17.46b
  • Website: https://www.walmex.mx

Number of Employees


Location

  • Wal-Mart de México, S.A.B. de C.V.
  • Nextengo #78
  • Santa Cruz Acayucan
  • Mexico City
  • Distrito Federal
  • 2770
  • Mexico


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WMMV.FOTCPK (Pink Sheets LLC)YesSeries V Common StockUSUSDDec 1997
WALMEX *BMV (Bolsa Mexicana de Valores)YesSeries V Common StockMXMXNDec 1997
4GNBDB (Deutsche Boerse AG)YesSeries V Common StockDEEURDec 1997
WMMV.YOTCPK (Pink Sheets LLC)SPON ADR REP VUSUSDJan 1998

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/01 00:00
End of Day Share Price2022/09/30 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.