Wal-Mart de México. de Valuation

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

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

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$53.49) is trading below our estimate of fair value (MX$65.43)

Significantly Below Fair Value: WALMEX * is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As WALMEX * is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WALMEX *. This is calculated by dividing WALMEX *'s market cap by their current earnings.
What is WALMEX *'s PE Ratio?
PE Ratio	17.4x
Earnings	Mex$53.62b
Market Cap	Mex$933.20b

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/Revenue	1x
Enterprise Value/EBITDA	10.3x
PEG Ratio	1.8x

Price to Earnings Ratio vs Peers

How does WALMEX *'s PE Ratio compare to its 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.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	14.1x
SORIANA B Organización Soriana S. A. B. de C. V	12.7x	0.6%	Mex$53.4b
CHDRAUI B Grupo Comercial Chedraui. de	16.2x	13.0%	Mex$125.8b
FRAGUA B Corporativo Fragua. de	14.4x	13.9%	Mex$70.6b
TGT Target	13.1x	4.7%	US$57.4b
WALMEX * Wal-Mart de México. de	17.4x	9.6%	Mex$933.2b

Price-To-Earnings vs Peers: WALMEX * is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the peer average (14.1x).

Price to Earnings Ratio vs Industry

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

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: WALMEX * is expensive based on its Price-To-Earnings Ratio (17.4x) compared to the South American Consumer Retailing industry average (15.4x).

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 Ratio	17.4x
Fair PE Ratio	22.3x

Price-To-Earnings vs Fair Ratio: WALMEX * is good value based on its Price-To-Earnings Ratio (17.4x) compared to the estimated Fair Price-To-Earnings Ratio (22.3x).

Analyst Price Targets

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

The above table shows the analyst WALMEX * forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Mex$53.49	Mex$73.54 +37.5%	8.7%	Mex$85.00	Mex$58.00	n/a	18
Nov ’25	Mex$55.91	Mex$74.99 +34.1%	8.1%	Mex$85.00	Mex$58.00	n/a	18
Oct ’25	Mex$59.17	Mex$76.38 +29.1%	7.8%	Mex$85.00	Mex$58.00	n/a	18
Sep ’25	Mex$62.77	Mex$76.82 +22.4%	7.7%	Mex$85.00	Mex$58.00	n/a	18
Aug ’25	Mex$60.84	Mex$76.82 +26.3%	7.6%	Mex$85.00	Mex$58.00	n/a	18
Jul ’25	Mex$62.53	Mex$77.16 +23.4%	7.6%	Mex$85.00	Mex$58.00	n/a	17
Jun ’25	Mex$63.79	Mex$77.40 +21.3%	7.7%	Mex$85.00	Mex$58.00	n/a	17
May ’25	Mex$63.92	Mex$77.24 +20.8%	7.9%	Mex$85.00	Mex$58.00	n/a	16
Apr ’25	Mex$66.07	Mex$77.99 +18.0%	8.5%	Mex$87.00	Mex$58.00	n/a	17
Mar ’25	Mex$67.53	Mex$78.75 +16.6%	8.7%	Mex$87.00	Mex$58.00	n/a	17
Feb ’25	Mex$71.96	Mex$79.18 +10.0%	9.5%	Mex$87.00	Mex$58.00	n/a	16
Jan ’25	Mex$71.57	Mex$79.18 +10.6%	9.5%	Mex$87.00	Mex$58.00	n/a	16
Dec ’24	Mex$67.24	Mex$79.19 +17.8%	9.8%	Mex$87.00	Mex$58.00	n/a	15
Nov ’24	Mex$65.20	Mex$79.39 +21.8%	10.0%	Mex$90.00	Mex$58.00	Mex$55.91	15
Oct ’24	Mex$65.60	Mex$83.20 +26.8%	7.8%	Mex$94.00	Mex$72.00	Mex$59.17	14
Sep ’24	Mex$67.26	Mex$83.52 +24.2%	7.0%	Mex$94.00	Mex$72.00	Mex$62.77	15
Aug ’24	Mex$70.63	Mex$82.79 +17.2%	6.0%	Mex$90.00	Mex$72.00	Mex$60.84	15
Jul ’24	Mex$67.72	Mex$81.74 +20.7%	6.7%	Mex$91.00	Mex$72.00	Mex$62.53	16
Jun ’24	Mex$66.57	Mex$81.34 +22.2%	6.9%	Mex$91.00	Mex$72.00	Mex$63.79	17
May ’24	Mex$72.49	Mex$81.87 +12.9%	7.7%	Mex$93.00	Mex$72.00	Mex$63.92	17
Apr ’24	Mex$72.03	Mex$81.93 +13.7%	7.5%	Mex$93.00	Mex$72.00	Mex$66.07	18
Mar ’24	Mex$71.29	Mex$81.69 +14.6%	7.6%	Mex$93.00	Mex$71.00	Mex$67.53	17
Feb ’24	Mex$74.95	Mex$81.11 +8.2%	7.3%	Mex$91.00	Mex$70.00	Mex$71.96	17
Jan ’24	Mex$68.59	Mex$81.11 +18.2%	7.3%	Mex$91.00	Mex$70.00	Mex$71.57	17
Dec ’23	Mex$73.03	Mex$81.24 +11.2%	7.5%	Mex$91.00	Mex$70.00	Mex$67.24	16
Nov ’23	Mex$78.89	Mex$81.11 +2.8%	7.4%	Mex$93.00	Mex$71.00	Mex$65.20	16

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.