Grupo México S.A.B. de C.V (GMEXICOB) - Net Assets
Based on the latest financial reports, Grupo México S.A.B. de C.V (GMEXICOB) has net assets worth MX$26.25 Billion MXN as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$41.96 Billion) and total liabilities (MX$15.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$26.25 Billion |
| % of Total Assets | 62.55% |
| Annual Growth Rate | -1.07% |
| 5-Year Change | 44.05% |
| 10-Year Change | 118.0% |
| Growth Volatility | 347.81 |
Grupo México S.A.B. de C.V - Net Assets Trend (2000–2025)
This chart illustrates how Grupo México S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Grupo México S.A.B. de C.V (2000–2025)
The table below shows the annual net assets of Grupo México S.A.B. de C.V from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$26.25 Billion | +13.26% |
| 2024-12-31 | MX$23.18 Billion | +7.54% |
| 2023-12-31 | MX$21.55 Billion | +8.81% |
| 2022-12-31 | MX$19.81 Billion | +8.69% |
| 2021-12-31 | MX$18.22 Billion | +10.08% |
| 2020-12-31 | MX$16.55 Billion | +8.07% |
| 2019-12-31 | MX$15.32 Billion | +7.46% |
| 2018-12-31 | MX$14.25 Billion | +2.95% |
| 2017-12-31 | MX$13.85 Billion | +14.99% |
| 2016-12-31 | MX$12.04 Billion | +5.10% |
| 2015-12-31 | MX$11.46 Billion | -3.81% |
| 2014-12-31 | MX$11.91 Billion | +1.95% |
| 2013-12-31 | MX$11.68 Billion | +14.77% |
| 2012-12-31 | MX$10.18 Billion | -92.68% |
| 2011-12-31 | MX$139.13 Billion | +23.75% |
| 2010-12-31 | MX$112.43 Billion | +7.28% |
| 2009-12-31 | MX$104.79 Billion | +1769.30% |
| 2008-12-31 | MX$5.61 Billion | -8.30% |
| 2007-12-31 | MX$6.11 Billion | +15.08% |
| 2006-12-31 | MX$5.31 Billion | +21.08% |
| 2005-12-31 | MX$4.39 Billion | -90.55% |
| 2004-12-31 | MX$46.40 Billion | +34.74% |
| 2003-12-31 | MX$34.44 Billion | +14.09% |
| 2002-12-31 | MX$30.19 Billion | -2.40% |
| 2001-12-31 | MX$30.93 Billion | -9.96% |
| 2000-12-31 | MX$34.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Grupo México S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 82.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$24.04 Billion | 103.20% |
| Total Equity | MX$23.29 Billion | 100.00% |
Grupo México S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Grupo México S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
$93.24 Billion |
|
Compagnie Financière Richemont SA
SW:CFR
|
$93.28 Billion |
|
Equinor ASA
OL:EQNR
|
$93.67 Billion |
|
Adobe Systems Incorporated
NASDAQ:ADBE
|
$93.73 Billion |
|
Equinix Inc
NASDAQ:EQIX
|
$92.84 Billion |
|
Seagate Technology PLC
NASDAQ:STX
|
$92.68 Billion |
|
Sandisk Corp
NASDAQ:SNDK
|
$92.46 Billion |
|
Intercontinental Exchange Inc
NYSE:ICE
|
$91.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grupo México S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,523,818,000 to 23,293,613,000, a change of 2,769,795,000 (13.5%).
- Net income of 5,039,592,000 contributed positively to equity growth.
- Dividend payments of 2,567,741,000 reduced retained earnings.
- New share issuances of 666,549,000 increased equity.
- Other factors decreased equity by 368,605,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$5.04 Billion | +21.64% |
| Dividends Paid | MX$2.57 Billion | -11.02% |
| Share Issuances | MX$666.55 Million | +2.86% |
| Other Changes | MX$-368.61 Million | -1.58% |
| Total Change | MX$- | 13.50% |
Book Value vs Market Value Analysis
This analysis compares Grupo México S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 69.47x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 134.68x to 69.47x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$1.54 | MX$207.85 | x |
| 2018-12-31 | MX$1.58 | MX$207.85 | x |
| 2019-12-31 | MX$1.69 | MX$207.85 | x |
| 2020-12-31 | MX$1.83 | MX$207.85 | x |
| 2021-12-31 | MX$2.03 | MX$207.85 | x |
| 2022-12-31 | MX$2.22 | MX$207.85 | x |
| 2023-12-31 | MX$2.43 | MX$207.85 | x |
| 2024-12-31 | MX$2.64 | MX$207.85 | x |
| 2025-12-31 | MX$2.99 | MX$207.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grupo México S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 21.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.72%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.80x
- Recent ROE (21.64%) is above the historical average (20.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 9.68% | 7.06% | 0.42x | 3.27x | MX$-79.99 Million |
| 2004 | 21.54% | 15.70% | 0.46x | 2.98x | MX$4.09 Billion |
| 2005 | 33.17% | 20.49% | 0.69x | 2.33x | MX$742.80 Million |
| 2006 | 38.56% | 24.05% | 0.71x | 2.25x | MX$1.13 Billion |
| 2007 | 35.00% | 23.04% | 0.73x | 2.09x | MX$1.17 Billion |
| 2008 | 24.56% | 18.01% | 0.69x | 1.99x | MX$634.91 Million |
| 2009 | 14.08% | 17.82% | 0.38x | 2.07x | MX$3.39 Billion |
| 2010 | 22.89% | 20.39% | 0.52x | 2.16x | MX$11.80 Billion |
| 2011 | 26.11% | 23.48% | 0.56x | 2.00x | MX$18.78 Billion |
| 2012 | 29.04% | 23.86% | 0.52x | 2.33x | MX$1.59 Billion |
| 2013 | 18.83% | 19.50% | 0.45x | 2.13x | MX$855.67 Million |
| 2014 | 17.83% | 19.29% | 0.44x | 2.11x | MX$789.50 Million |
| 2015 | 10.28% | 12.43% | 0.37x | 2.25x | MX$27.88 Million |
| 2016 | 10.09% | 12.91% | 0.36x | 2.17x | MX$9.14 Million |
| 2017 | 13.24% | 16.02% | 0.37x | 2.24x | MX$383.54 Million |
| 2018 | 10.75% | 12.39% | 0.39x | 2.24x | MX$90.60 Million |
| 2019 | 17.03% | 20.73% | 0.37x | 2.24x | MX$914.16 Million |
| 2020 | 16.18% | 21.10% | 0.36x | 2.11x | MX$879.72 Million |
| 2021 | 24.45% | 26.18% | 0.46x | 2.04x | MX$2.29 Billion |
| 2022 | 18.84% | 23.47% | 0.42x | 1.89x | MX$1.53 Billion |
| 2023 | 17.84% | 23.49% | 0.41x | 1.86x | MX$1.48 Billion |
| 2024 | 17.62% | 22.36% | 0.44x | 1.80x | MX$1.56 Billion |
| 2025 | 21.64% | 27.72% | 0.43x | 1.80x | MX$2.71 Billion |
Industry Comparison
This section compares Grupo México S.A.B. de C.V's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $15,579,052,595
- Average return on equity (ROE) among peers: -4.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo México S.A.B. de C.V (GMEXICOB) | MX$26.25 Billion | 9.68% | 0.60x | $93.12 Billion |
| Compañía Minera Autlán S.A.B. de C.V (AUTLANB) | $1.21 Billion | 0.00% | 0.79x | $128.38 Million |
| Glencore plc (GLENN) | $45.38 Billion | 7.51% | 1.84x | $55.35 Billion |
| Minera Frisco S.A.B. de C.V (MFRISCOA-1) | $11.18 Billion | -32.26% | 3.01x | $3.35 Billion |
| Industrias Peñoles S.A.B. de C.V (PE&OLES) | $4.55 Billion | 6.72% | 0.71x | $21.88 Billion |
About Grupo México S.A.B. de C.V
Grupo México, S.A.B. de C.V. engages in copper production, cargo transportation, and infrastructure businesses worldwide. It operates through Mining, Transportation, and Infrastructure divisions. The Mining division explores for copper, silver, molybdenum, zinc, sulfuric acid, gold, cadmium, selenium, and lime. It owns interests in 15 underground and open pit mines, and 14 exploration projects in… Read more