Stock WALMEX * WAL-MART DE MÉXICO, S.A.B. DE C.V.
Add to a list
To use this feature you must be a member
Log inSign up

Financials Wal-Mart de México, S.A.B. de C.V.

Equities

WALMEX *

MX01WA000038

Discount Stores

End-of-day quote Mexican S.E.
Other stock markets
 06:00:00 2024-04-25 pm EDT 		5-day change 1st Jan Change
66.46 MXN -1.63% Intraday chart for Wal-Mart de México, S.A.B. de C.V. +3.26% -7.14%
Apr. 24 Wal-Mart de Mexico 1Q Net Profit Rises 14% on Year DJ
Apr. 24 Retailer Walmex's quarterly profit jumps on more stores, higher wages RE

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 945,535 977,489 1,328,638 1,197,678 1,248,633 1,159,483 - -
Enterprise Value (EV) 1 976,421 1,001,557 1,354,320 1,223,650 1,286,710 1,196,026 1,199,209 1,189,627
P/E ratio 25 x 29.2 x 30.1 x 24.5 x 24.2 x 20.4 x 18.4 x 16.5 x
Yield 3.84% 4.5% 2.14% 2.49% - 3.59% 3.9% 4.26%
Capitalization / Revenue 1.46 x 1.4 x 1.81 x 1.46 x 1.41 x 1.2 x 1.11 x 1.03 x
EV / Revenue 1.51 x 1.44 x 1.84 x 1.49 x 1.45 x 1.24 x 1.14 x 1.05 x
EV / EBITDA 13.8 x 13.3 x 16.7 x 14 x 13.7 x 11.6 x 10.6 x 9.62 x
EV / FCF 27.1 x 22.4 x 30.5 x 28.3 x 22.8 x 26.1 x 21.6 x 18.4 x
FCF Yield 3.69% 4.46% 3.28% 3.53% 4.38% 3.83% 4.62% 5.44%
Price to Book 5.62 x 5.78 x 7.15 x 5.92 x 6.27 x 5.43 x 5.01 x 4.37 x
Nbr of stocks (in thousands) 17,461,403 17,461,403 17,461,403 17,461,403 17,446,322 17,446,322 - -
Reference price 2 54.15 55.98 76.09 68.59 71.57 66.46 66.46 66.46
Announcement Date 2/13/20 2/18/21 2/16/22 2/15/23 2/14/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 646,846 696,711 736,044 819,169 886,523 964,990 1,048,267 1,131,159
EBITDA 1 71,005 75,387 81,214 87,370 93,853 103,203 113,434 123,612
EBIT 1 54,003 57,447 62,908 68,011 73,276 81,773 89,335 97,511
Operating Margin 8.35% 8.25% 8.55% 8.3% 8.27% 8.47% 8.52% 8.62%
Earnings before Tax (EBT) 1 49,202 49,464 57,296 63,367 68,607 76,477 84,177 93,072
Net income 1 37,898 33,435 44,138 48,974 51,590 57,543 63,796 70,426
Net margin 5.86% 4.8% 6% 5.98% 5.82% 5.96% 6.09% 6.23%
EPS 2 2.170 1.920 2.528 2.805 2.960 3.254 3.609 4.034
Free Cash Flow 1 36,052 44,645 44,415 43,166 56,329 45,773 55,460 64,660
FCF margin 5.57% 6.41% 6.03% 5.27% 6.35% 4.74% 5.29% 5.72%
FCF Conversion (EBITDA) 50.77% 59.22% 54.69% 49.41% 60.02% 44.35% 48.89% 52.31%
FCF Conversion (Net income) 95.13% 133.53% 100.63% 88.14% 109.19% 79.55% 86.93% 91.81%
Dividend per Share 2 2.080 2.520 1.630 1.710 - 2.387 2.591 2.828
Announcement Date 2/13/20 2/18/21 2/16/22 2/15/23 2/14/24 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 176,042 214,571 187,844 195,619 197,885 237,821 206,075 213,725 213,065 253,658 226,194 233,719 232,224 275,888 245,394
EBITDA 1 20,039 23,564 20,743 20,145 21,163 25,339 22,316 21,863 22,967 27,168 24,622 23,578 24,651 28,500 25,829
EBIT 1 15,460 18,856 15,937 15,385 16,303 20,386 17,337 16,837 17,746 21,356 19,170 18,400 19,322 23,478 21,137
Operating Margin 8.78% 8.79% 8.48% 7.86% 8.24% 8.57% 8.41% 7.88% 8.33% 8.42% 8.48% 7.87% 8.32% 8.51% 8.61%
Earnings before Tax (EBT) 1 14,076 17,472 14,344 14,147 15,434 19,440 16,020 15,684 17,027 19,876 17,146 16,678 18,405 22,712 19,393
Net income 1 11,049 13,254 11,109 10,892 12,153 14,821 11,519 11,444 13,632 14,996 13,183 12,975 14,295 17,097 14,739
Net margin 6.28% 6.18% 5.91% 5.57% 6.14% 6.23% 5.59% 5.35% 6.4% 5.91% 5.83% 5.55% 6.16% 6.2% 6.01%
EPS 2 0.6330 0.7590 0.6360 0.6240 0.6960 0.8490 0.6600 0.6550 0.7810 0.8600 0.7560 0.7625 0.8259 0.9917 0.8448
Dividend per Share 2 - 1.630 - - - 1.710 - - - - - - - 2.170 -
Announcement Date 10/21/21 2/16/22 4/26/22 7/26/22 10/20/22 2/15/23 4/26/23 7/27/23 10/25/23 2/14/24 4/24/24 - - - -
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 30,886 24,068 25,682 25,972 38,077 36,543 39,726 30,145
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.435 x 0.3193 x 0.3162 x 0.2973 x 0.4057 x 0.3541 x 0.3502 x 0.2439 x
Free Cash Flow 1 36,052 44,645 44,415 43,166 56,329 45,773 55,460 64,660
ROE (net income / shareholders' equity) 22.8% 19.8% 24.9% 25.2% 25.7% 28.9% 28.7% 28%
ROA (Net income/ Total Assets) 12.9% 9.4% 11.7% 12% 12.1% 12.7% 12.7% 12.4%
Assets 1 293,226 355,528 378,121 406,599 427,678 451,530 503,563 568,959
Book Value Per Share 2 9.630 9.690 10.60 11.60 11.40 12.20 13.30 15.20
Cash Flow per Share 2 3.240 3.520 3.720 3.690 - 4.290 - -
Capex 1 20,575 16,728 20,466 21,304 28,792 32,103 32,358 30,678
Capex / Sales 3.18% 2.4% 2.78% 2.6% 3.25% 3.33% 3.09% 2.71%
Announcement Date 2/13/20 2/18/21 2/16/22 2/15/23 2/14/24 - - -
1MXN in Million2MXN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Wal-Mart de México, S.A.B. de C.V.

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings

Analysts' Consensus

Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
16
Last Close Price
66.46 MXN
Average target price
77.24 MXN
Spread / Average Target
+16.22%
Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Discount Stores

1st Jan change Capi.
WAL-MART DE MÉXICO, S.A.B. DE C.V. Stock Wal-Mart de México, S.A.B. de C.V.
-7.14% 67.53B
COSTCO WHOLESALE CORPORATION Stock Costco Wholesale Corporation
+10.47% 323B
TARGET CORPORATION Stock Target Corporation
+15.67% 76.06B
DOLLAR GENERAL CORPORATION Stock Dollar General Corporation
+4.50% 31.21B
DOLLARAMA INC. Stock Dollarama Inc.
+21.08% 23.54B
PAN PACIFIC INTERNATIONAL HOLDINGS CORPORATION Stock Pan Pacific International Holdings Corporation
+10.91% 14.15B
BJ'S WHOLESALE CLUB HOLDINGS, INC. Stock BJ's Wholesale Club Holdings, Inc.
+14.99% 10.19B
SIAM MAKRO Stock Siam Makro
+17.59% 9.07B
B&M EUROPEAN VALUE RETAIL S.A. Stock B&M European Value Retail S.A.
-5.78% 6.59B
OLLIE'S BARGAIN OUTLET HOLDINGS, INC. Stock Ollie's Bargain Outlet Holdings, Inc.
-1.88% 4.57B
Other Discount Stores
  1. Stock Market
  2. Equities
  3. WALMEX * Stock
  4. Financials Wal-Mart de México, S.A.B. de C.V.