Monex S.A.B. de C.V (MONEXB) - Net Assets

Latest as of September 2023: MX$15.76 Billion MXN ≈ $907.04 Million USD

Based on the latest financial reports, Monex S.A.B. de C.V (MONEXB) has net assets worth MX$15.76 Billion MXN (≈ $907.04 Million USD) 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 ≈ $11.85 Billion USD) and total liabilities (MX$190.09 Billion ≈ $10.94 Billion USD). 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. Check MONEXB asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Monex S.A.B. de C.V (MONEXB) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of Monex S.A.B. de C.V.

Year Net Assets Change
2022-12-31 MX$14.49 Billion
≈ $834.19 Million		 +16.58%
2021-12-31 MX$12.43 Billion
≈ $715.52 Million		 +14.91%
2020-12-31 MX$10.82 Billion
≈ $622.69 Million		 +10.14%
2019-12-31 MX$9.82 Billion
≈ $565.37 Million		 +10.36%
2018-12-31 MX$8.90 Billion
≈ $512.31 Million		 +9.24%
2017-12-31 MX$8.15 Billion
≈ $468.98 Million		 +11.54%
2016-12-31 MX$7.31 Billion
≈ $420.46 Million		 +15.77%
2015-12-31 MX$6.31 Billion
≈ $363.20 Million		 +10.95%
2014-12-31 MX$5.69 Billion
≈ $327.35 Million		 +15.24%
2013-12-31 MX$4.94 Billion
≈ $284.07 Million		 +29.83%
2012-12-31 MX$3.80 Billion
≈ $218.81 Million		 +13.29%
2011-12-31 MX$3.36 Billion
≈ $193.14 Million		 +16.81%
2010-12-31 MX$2.87 Billion
≈ $165.34 Million		 +32.15%
2009-12-31 MX$2.17 Billion
≈ $125.11 Million		 +10.52%
2008-12-31 MX$1.97 Billion
≈ $113.20 Million		 +36.98%
2007-12-31 MX$1.44 Billion
≈ $82.64 Million		 --

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
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
 $996.42 Million
IntelliEPI Cayman
TWO:4971
 $996.48 Million
Cello World Limited
NSE:CELLO
 $997.32 Million
DATATEC LTD (UNSP.ADR)/2
F:DTT0
 $997.41 Million
Wereldhave NV
AS:WHA
 $996.10 Million
Vivenio Residencial SOCIMI S.A.
MC:YVIV
 $995.58 Million
Guangdong Dongpeng Holdings
SHE:003012
 $995.50 Million
Frey SA
PA:FREY
 $995.34 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 $996.11 Million
Vale S.A (VALEN) $41.02 Billion 9.71% 1.41x $81.84 Billion

About Monex S.A.B. de C.V

MX:MONEXB Mexico
Market Cap
$996.11 Million
MX$17.31 Billion MXN
Market Cap Rank
#9131 Global
#86 in Mexico
Share Price
MX$20.00
Change (1 day)
+0.00%
52-Week Range
MX$20.00 - MX$20.00
All Time High
MX$20.85
Categories
Companies in Mexico
About

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