Corporación Moctezuma. de Valuation

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

CMOCTEZ * (MX$75) is trading below our estimate of [[fair value]] (MX$108.28)

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

Valuation Score

4/6

Valuation Score 4/6

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 CMOCTEZ * when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CMOCTEZ * (MX$75) is trading below our estimate of fair value (MX$108.28)

Significantly Below Fair Value: CMOCTEZ * is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CMOCTEZ *. This is calculated by dividing CMOCTEZ *'s market cap by their current earnings.
What is CMOCTEZ *'s PE Ratio?
PE Ratio	9.6x
Earnings	Mex$6.70b
Market Cap	Mex$64.13b

CMOCTEZ * 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	2.8x
Enterprise Value/EBITDA	6.2x
PEG Ratio	3.8x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CMOCTEZ * 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	29.2x
GCC * GCC. de	8.7x	-1.6%	Mex$58.3b
CEMEX CPO CEMEX. de	27.3x	31.1%	Mex$162.3b
ICH B Industrias CH S. A. B. de C. V	8.7x	n/a	Mex$73.4b
PE&OLES * Industrias Peñoles. de	72x	n/a	Mex$121.2b
CMOCTEZ * Corporación Moctezuma. de	9.6x	2.5%	Mex$64.1b

Price-To-Earnings vs Peers: CMOCTEZ * is good value based on its Price-To-Earnings Ratio (9.6x) compared to the peer average (29.1x).

Price to Earnings Ratio vs Industry

How does CMOCTEZ *'s PE Ratio compare vs other companies in the Global Basic Materials Industry?

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CMOCTEZ * is good value based on its Price-To-Earnings Ratio (9.6x) compared to the Global Basic Materials industry average (16.3x).

Price to Earnings Ratio vs Fair Ratio

What is CMOCTEZ *'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.

CMOCTEZ * PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate CMOCTEZ *'s Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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