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 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

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. See operational self-sufficiency of Monex S.A.B. de C.V to measure how many days the company can operate on defensive assets alone.

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
HyUnion Holding Co Ltd SHE:002537	$996.41 Million
Ameresco Inc NYSE:AMRC	$996.60 Million
Aegean Airlines S.A. AT:AEGN	$996.97 Million
GigaCloud Technology Inc Class A Ordinary Shares NASDAQ:GCT	$997.02 Million
Wereldhave NV AS:WHA	$996.10 Million
Vivenio Residencial SOCIMI S.A. MC:YVIV	$995.58 Million
Kingenta Ecological Engineering Group Co Ltd SHE:002470	$995.36 Million
SeAH Bestee KO:001430	$995.22 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.

No peer company data available for comparison.

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

MX:MONEXB Mexico

Market Cap

$996.11 Million

MX$17.31 Billion MXN

Market Cap Rank

#9081 Global

#88 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