Monex S.A.B. de C.V
Monex, S.A.B. de C.V., together with its subsidiaries, provides various financial services to individuals and companies. The company's products and services include foreign exchange and payments, letters of credit, short-term credit facilities, digital accounts, investment funds, trusts, derivatives and structured notes, financial advisory, securities investment, international investments, as wel… Read more
Monex S.A.B. de C.V (MONEXB) - Net Assets
Latest net assets as of September 2023: MX$15.76 Billion MXN
Based on the latest financial reports, Monex S.A.B. de C.V (MONEXB) has net assets worth MX$15.76 Billion MXN as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$205.85 Billion) and total liabilities (MX$190.09 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$15.76 Billion |
| % of Total Assets | 7.66% |
| Annual Growth Rate | 16.66% |
| 5-Year Change | 62.83% |
| 10-Year Change | 193.66% |
| Growth Volatility | 8.47 |
Monex S.A.B. de C.V - Net Assets Trend (2007–2022)
This chart illustrates how Monex 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 Monex S.A.B. de C.V (2007–2022)
The table below shows the annual net assets of Monex S.A.B. de C.V from 2007 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | MX$14.49 Billion | +16.58% |
| 2021-12-31 | MX$12.43 Billion | +14.91% |
| 2020-12-31 | MX$10.82 Billion | +10.14% |
| 2019-12-31 | MX$9.82 Billion | +10.36% |
| 2018-12-31 | MX$8.90 Billion | +9.24% |
| 2017-12-31 | MX$8.15 Billion | +11.54% |
| 2016-12-31 | MX$7.31 Billion | +15.77% |
| 2015-12-31 | MX$6.31 Billion | +10.95% |
| 2014-12-31 | MX$5.69 Billion | +15.24% |
| 2013-12-31 | MX$4.94 Billion | +29.83% |
| 2012-12-31 | MX$3.80 Billion | +13.29% |
| 2011-12-31 | MX$3.36 Billion | +16.81% |
| 2010-12-31 | MX$2.87 Billion | +32.15% |
| 2009-12-31 | MX$2.17 Billion | +10.52% |
| 2008-12-31 | MX$1.97 Billion | +36.98% |
| 2007-12-31 | MX$1.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Monex 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 6274.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$9.75 Billion | 67.34% |
| Common Stock | MX$3.05 Billion | 21.09% |
| Other Components | MX$1.68 Billion | 11.57% |
| Total Equity | MX$14.48 Billion | 100.00% |
Monex S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Monex S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$123.96 Million |
|
Espey Mfg & Electronics Corp
NYSE MKT:ESP
|
$123.99 Million |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
$124.08 Million |
|
Brand Engagement Network Inc
NASDAQ:BNAI
|
$124.09 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
$123.88 Million |
|
Westrock Coffee Company
NASDAQ:WEST
|
$123.83 Million |
|
Akums Drugs and Pharmaceutical
NSE:AKUMS
|
$123.79 Million |
|
Goliath Resources Limited
OTCQB:GOTRF
|
$123.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Monex S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 12,386,000,000 to 14,483,000,000, a change of 2,097,000,000 (16.9%).
- Net income of 2,910,000,000 contributed positively to equity growth.
- Dividend payments of 1,350,000,000 reduced retained earnings.
- New share issuances of 997,000,000 increased equity.
- Other factors decreased equity by 460,000,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$2.91 Billion | +20.09% |
| Dividends Paid | MX$1.35 Billion | -9.32% |
| Share Issuances | MX$997.00 Million | +6.88% |
| Other Changes | MX$-460.00 Million | -3.18% |
| Total Change | MX$- | 16.93% |
Book Value vs Market Value Analysis
This analysis compares Monex 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: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.32x to 0.89x 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$15.20 | MX$20.00 | x |
| 2018-12-31 | MX$16.55 | MX$20.00 | x |
| 2019-12-31 | MX$18.37 | MX$20.00 | x |
| 2020-12-31 | MX$20.24 | MX$20.00 | x |
| 2021-12-31 | MX$16.74 | MX$20.00 | x |
| 2022-12-31 | MX$22.43 | MX$20.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Monex 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): 20.09%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 23.98%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 15.00x
- Recent ROE (20.09%) is above the historical average (17.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 29.29% | 60.77% | 0.02x | 23.73x | MX$373.40 Million |
| 2009 | 30.59% | 45.15% | 0.08x | 8.32x | MX$447.60 Million |
| 2010 | 25.30% | 43.98% | 0.06x | 8.88x | MX$439.70 Million |
| 2011 | 25.30% | 43.27% | 0.05x | 12.90x | MX$513.40 Million |
| 2012 | 27.14% | 35.28% | 0.08x | 10.24x | MX$651.80 Million |
| 2013 | 15.01% | 34.69% | 0.05x | 8.17x | MX$247.40 Million |
| 2014 | 10.62% | 26.03% | 0.05x | 8.14x | MX$35.20 Million |
| 2015 | 9.90% | 12.58% | 0.08x | 10.05x | MX$-6.10 Million |
| 2016 | 14.66% | 16.36% | 0.08x | 10.99x | MX$340.40 Million |
| 2017 | 13.52% | 16.04% | 0.07x | 12.61x | MX$287.10 Million |
| 2018 | 12.58% | 14.86% | 0.08x | 11.15x | MX$228.80 Million |
| 2019 | 14.09% | 16.52% | 0.07x | 11.45x | MX$400.90 Million |
| 2020 | 8.14% | 9.41% | 0.06x | 14.09x | MX$-200.30 Million |
| 2021 | 13.35% | 17.85% | 0.05x | 14.84x | MX$415.40 Million |
| 2022 | 20.09% | 23.98% | 0.06x | 15.00x | MX$1.46 Billion |
Industry Comparison
This section compares Monex S.A.B. de C.V's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Monex S.A.B. de C.V (MONEXB) | MX$15.76 Billion | 29.29% | 12.06x | $123.89 Million |
| CFECAPITAL S. De R.L. De C.V (FCFE18) | $3.64 Billion | 15.81% | 12.85x | $11.21K |
| Vale S.A (VALEN) | $34.82 Billion | 14.02% | 1.64x | $51.70 Billion |