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GMEX

Grupo México. de BMV:GMEXICO B Stock Report

Last Price

Mex$84.13

Market Cap

Mex$655.4b

7D

-2.1%

1Y

-11.5%

Updated

04 Jul, 2022

Data

Company Financials +
GMEXICO B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends5/6

GMEXICO B Stock Overview

Grupo México, S.A.B. de C.V. engages in copper production, freight transportation, and infrastructure businesses worldwide.

Grupo México. de Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Grupo México. de
Historical stock prices
Current Share PriceMex$84.13
52 Week HighMex$122.10
52 Week LowMex$78.08
Beta1.07
1 Month Change-15.70%
3 Month Change-25.73%
1 Year Change-11.52%
3 Year Change64.61%
5 Year Change56.90%
Change since IPO2,276.88%

Recent News & Updates

May 26
Shareholders Would Enjoy A Repeat Of Grupo México. de's (BMV:GMEXICOB) Recent Growth In Returns

Shareholders Would Enjoy A Repeat Of Grupo México. de's (BMV:GMEXICOB) Recent Growth In Returns

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

May 13
Grupo México. de (BMV:GMEXICOB) Seems To Use Debt Rather Sparingly

Grupo México. de (BMV:GMEXICOB) Seems To Use Debt Rather Sparingly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Shareholder Returns

GMEXICO BMX Metals and MiningMX Market
7D-2.1%-1.8%0.04%
1Y-11.5%-11.2%1.5%

Return vs Industry: GMEXICO B exceeded the MX Metals and Mining industry which returned -12.8% over the past year.

Return vs Market: GMEXICO B underperformed the MX Market which returned 1.6% over the past year.

Price Volatility

Is GMEXICO B's price volatile compared to industry and market?
GMEXICO B volatility
GMEXICO B Average Weekly Movement6.5%
Metals and Mining Industry Average Movement6.4%
Market Average Movement4.7%
10% most volatile stocks in MX Market8.4%
10% least volatile stocks in MX Market2.7%

Stable Share Price: GMEXICO B is more volatile than 75% of MX stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: GMEXICO B's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of MX stocks.

About the Company

FoundedEmployeesCEOWebsite
189029,992Hilario Gabilondo Picollohttps://www.gmexico.com

Grupo México, S.A.B. de C.V. engages in copper production, freight transportation, and infrastructure businesses worldwide. The company operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, and selenium.

Grupo México. de Fundamentals Summary

How do Grupo México. de's earnings and revenue compare to its market cap?
GMEXICO B fundamental statistics
Market CapUS$32.30b
Earnings (TTM)US$3.87b
Revenue (TTM)US$15.11b

8.3x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
GMEXICO B income statement (TTM)
RevenueUS$15.11b
Cost of RevenueUS$5.65b
Gross ProfitUS$9.45b
Other ExpensesUS$5.58b
EarningsUS$3.87b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.50
Gross Margin62.57%
Net Profit Margin25.65%
Debt/Equity Ratio47.0%

How did GMEXICO B perform over the long term?

See historical performance and comparison

Dividends

7.9%

Current Dividend Yield

67%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GMEXICO B?

Other financial metrics that can be useful for relative valuation.

GMEXICO B 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/Revenue2.5x
Enterprise Value/EBITDA4.1x
PEG Ratio-18.1x

Price to Earnings Ratio vs Peers

How does GMEXICO B's PE Ratio compare to its peers?

GMEXICO B PE Ratio vs Peers
The above table shows the PE ratio for GMEXICO B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average11.3x
ICH B Industrias CH S. A. B. de C. V
10.4x1.6%Mex$90.7b
PE&OLES * Industrias Peñoles. de
11.7x29.7%Mex$74.9b
1211 Saudi Arabian Mining Company (Ma'aden)
18.2x-7.6%ر.س120.7b
AAL Anglo American
4.9x-14.8%UK£34.5b
GMEXICO B Grupo México. de
8.3x-0.5%Mex$655.4b

Price-To-Earnings vs Peers: GMEXICO B is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (11.3x).


Price to Earnings Ratio vs Industry

How does GMEXICO B's PE Ratio compare vs other companies in the South American Metals and Mining Industry?

Price-To-Earnings vs Industry: GMEXICO B is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the MX Metals and Mining industry average (8.1x)


Price to Earnings Ratio vs Fair Ratio

What is GMEXICO B'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.

GMEXICO B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.3x
Fair PE Ratio10x

Price-To-Earnings vs Fair Ratio: GMEXICO B is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (10x).


Share Price vs Fair Value

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

Below Fair Value: GMEXICO B (MX$84.13) is trading below our estimate of fair value (MX$140.72)

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


Price to Earnings Growth Ratio

PEG Ratio: GMEXICO B's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


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Future Growth

How is Grupo México. de forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

Future Growth Score

1/6

Future Growth Score 1/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-0.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GMEXICO B's earnings are forecast to decline over the next 3 years (-0.5% per year).

Earnings vs Market: GMEXICO B's earnings are forecast to decline over the next 3 years (-0.5% per year).

High Growth Earnings: GMEXICO B's earnings are forecast to decline over the next 3 years.

Revenue vs Market: GMEXICO B's revenue (1.3% per year) is forecast to grow slower than the MX market (6% per year).

High Growth Revenue: GMEXICO B's revenue (1.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GMEXICO B's Return on Equity is forecast to be high in 3 years time (21.2%)


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Past Performance

How has Grupo México. de performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


27.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GMEXICO B has high quality earnings.

Growing Profit Margin: GMEXICO B's current net profit margins (25.6%) are lower than last year (31.5%).


Past Earnings Growth Analysis

Earnings Trend: GMEXICO B's earnings have grown significantly by 27.5% per year over the past 5 years.

Accelerating Growth: GMEXICO B's earnings growth over the past year (3.4%) is below its 5-year average (27.5% per year).

Earnings vs Industry: GMEXICO B earnings growth over the past year (3.4%) underperformed the Metals and Mining industry 74.5%.


Return on Equity

High ROE: GMEXICO B's Return on Equity (23.9%) is considered high.


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Financial Health

How is Grupo 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: GMEXICO B's short term assets ($10.3B) exceed its short term liabilities ($2.5B).

Long Term Liabilities: GMEXICO B's short term assets ($10.3B) do not cover its long term liabilities ($11.1B).


Debt to Equity History and Analysis

Debt Level: GMEXICO B's net debt to equity ratio (12.3%) is considered satisfactory.

Reducing Debt: GMEXICO B's debt to equity ratio has reduced from 58% to 47% over the past 5 years.

Debt Coverage: GMEXICO B's debt is well covered by operating cash flow (73.9%).

Interest Coverage: GMEXICO B's interest payments on its debt are well covered by EBIT (15.8x coverage).


Balance Sheet


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Dividend

What is Grupo México. de current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.87%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: GMEXICO B's dividend (7.87%) is higher than the bottom 25% of dividend payers in the MX market (1.95%).

High Dividend: GMEXICO B's dividend (7.87%) is in the top 25% of dividend payers in the MX market (6.12%)


Stability and Growth of Payments

Stable Dividend: GMEXICO B's dividend payments have been volatile in the past 10 years.

Growing Dividend: GMEXICO B's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (66.5%), GMEXICO B's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (49%), GMEXICO B's dividend payments are well covered by cash flows.


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Management

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

1.5yrs

Average management tenure


CEO

Hilario Gabilondo Picollo

no data

Tenure

Hilario Gabilondo Picollo serves as the Chief Executive Officer of Intermodal México S A de C V , a subsidiary of Grupo Mexico SA de.


Leadership Team

Experienced Management: GMEXICO B's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: GMEXICO B's board of directors are seasoned and experienced ( 20.3 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

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


Top Shareholders

Company Information

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


Key Information

  • Name: Grupo México, S.A.B. de C.V.
  • Ticker: GMEXICO B
  • Exchange: BMV
  • Founded: 1890
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: Mex$655.419b
  • Shares outstanding: 7.79b
  • Website: https://www.gmexico.com

Number of Employees


Location

  • Grupo México, S.A.B. de C.V.
  • Campos Elíseos No. 400
  • Colonia Lomas de Chapultepec
  • Mexico City
  • Distrito Federal
  • 11000
  • Mexico

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/07/04 00:00
Earnings2022/03/31
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.