Wal-Mart de México S.A.B. de C.V (WALMEX) - Net Assets

Latest as of June 2025: MX$217.54 Billion MXN ≈ $12.52 Billion USD

Based on the latest financial reports, Wal-Mart de México S.A.B. de C.V (WALMEX) has net assets worth MX$217.54 Billion MXN (≈ $12.52 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$480.96 Billion ≈ $27.68 Billion USD) and total liabilities (MX$263.41 Billion ≈ $15.16 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 Wal-Mart de México S.A.B. de C.V liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$217.54 Billion
% of Total Assets	45.23%
Annual Growth Rate	8.8%
5-Year Change	37.7%
10-Year Change	53.39%
Growth Volatility	9.73

Wal-Mart de México S.A.B. de C.V - Net Assets Trend (2000–2024)

This chart illustrates how Wal-Mart de México S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Also explore Wal-Mart de México S.A.B. de C.V balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Wal-Mart de México S.A.B. de C.V (2000–2024)

The table below shows the annual net assets of Wal-Mart de México S.A.B. de C.V from 2000 to 2024. For live valuation and market cap data, see Wal-Mart de México S.A.B. de C.V market capitalisation.

Year	Net Assets	Change
2024-12-31	MX$232.88 Billion ≈ $13.40 Billion	+16.97%
2023-12-31	MX$199.09 Billion ≈ $11.46 Billion	-1.67%
2022-12-31	MX$202.47 Billion ≈ $11.65 Billion	+8.92%
2021-12-31	MX$185.88 Billion ≈ $10.70 Billion	+9.91%
2020-12-31	MX$169.12 Billion ≈ $9.73 Billion	+0.58%
2019-12-31	MX$168.14 Billion ≈ $9.68 Billion	+1.96%
2018-12-31	MX$164.91 Billion ≈ $9.49 Billion	+3.37%
2017-12-31	MX$159.53 Billion ≈ $9.18 Billion	-4.49%
2016-12-31	MX$167.03 Billion ≈ $9.61 Billion	+10.02%
2015-12-31	MX$151.82 Billion ≈ $8.74 Billion	+1.05%
2014-12-31	MX$150.25 Billion ≈ $8.65 Billion	+5.10%
2013-12-31	MX$142.95 Billion ≈ $8.23 Billion	+2.23%
2012-12-31	MX$139.84 Billion ≈ $8.05 Billion	+4.92%
2011-12-31	MX$133.28 Billion ≈ $7.67 Billion	+8.48%
2010-12-31	MX$122.86 Billion ≈ $7.07 Billion	+47.76%
2009-12-31	MX$83.15 Billion ≈ $4.79 Billion	+11.94%
2008-12-31	MX$74.28 Billion ≈ $4.27 Billion	+12.23%
2007-12-31	MX$66.18 Billion ≈ $3.81 Billion	+11.24%
2006-12-31	MX$59.50 Billion ≈ $3.42 Billion	+14.86%
2005-12-31	MX$51.80 Billion ≈ $2.98 Billion	+10.34%
2004-12-31	MX$46.95 Billion ≈ $2.70 Billion	+12.08%
2003-12-31	MX$41.89 Billion ≈ $2.41 Billion	+10.52%
2002-12-31	MX$37.90 Billion ≈ $2.18 Billion	+15.38%
2001-12-31	MX$32.85 Billion ≈ $1.89 Billion	+6.84%
2000-12-31	MX$30.75 Billion ≈ $1.77 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Wal-Mart de 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 1089.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$167.45 Billion	71.90%
Other Components	MX$65.43 Billion	28.10%
Total Equity	MX$232.88 Billion	100.00%

Wal-Mart de México S.A.B. de C.V Competitors by Market Cap

The table below lists competitors of Wal-Mart de México S.A.B. de C.V ranked by their market capitalization.

Company	Market Cap
Wuliangye Yibin Co Ltd SHE:000858	$55.14 Billion
Doosan Heavy Ind. & Const. KO:034020	$55.17 Billion
Nu Holdings Ltd. F:M1Z	$55.22 Billion
Digital Realty Trust Inc NYSE:DLR	$55.29 Billion
ONEOK Inc NYSE:OKE	$55.00 Billion
ASS.GENERALI ADR 1/2/EO 1 F:ASG0	$54.86 Billion
WW Grainger Inc NYSE:GWW	$54.62 Billion
Life Insurance Corporation Of India NSE:LICI	$54.58 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wal-Mart de México S.A.B. de C.V's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 199,086,037,000 to 232,875,469,000, a change of 33,789,432,000 (17.0%).
Net income of 53,827,384,000 contributed positively to equity growth.
Dividend payments of 37,399,452,000 reduced retained earnings.
Other factors increased equity by 17,361,500,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$53.83 Billion	+23.11%
Dividends Paid	MX$37.40 Billion	-16.06%
Other Changes	MX$17.36 Billion	+7.46%
Total Change	MX$-	16.97%

Book Value vs Market Value Analysis

This analysis compares Wal-Mart de 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: 4.14x
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 6.05x to 4.14x 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$9.14	MX$55.23	x
2018-12-31	MX$9.44	MX$55.23	x
2019-12-31	MX$9.63	MX$55.23	x
2020-12-31	MX$9.69	MX$55.23	x
2021-12-31	MX$10.65	MX$55.23	x
2022-12-31	MX$11.60	MX$55.23	x
2023-12-31	MX$11.41	MX$55.23	x
2024-12-31	MX$13.35	MX$55.23	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wal-Mart de 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): 23.11%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.62%
• Asset Turnover: 1.94x
• Equity Multiplier: 2.12x
Recent ROE (23.11%) is above the historical average (19.69%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2001	12.77%	4.74%	1.69x	1.59x	MX$909.09 Million
2003	13.03%	4.54%	1.83x	1.57x	MX$1.27 Billion
2006	20.88%	6.27%	2.01x	1.66x	MX$6.47 Billion
2007	21.50%	6.35%	2.10x	1.61x	MX$7.61 Billion
2008	19.75%	5.99%	2.07x	1.59x	MX$7.25 Billion
2009	20.21%	6.24%	2.02x	1.60x	MX$8.49 Billion
2010	15.96%	5.84%	1.72x	1.59x	MX$7.30 Billion
2011	16.74%	5.87%	1.68x	1.69x	MX$8.96 Billion
2012	16.66%	5.62%	1.86x	1.59x	MX$9.31 Billion
2013	15.39%	5.23%	1.83x	1.61x	MX$7.71 Billion
2014	16.66%	5.72%	1.78x	1.64x	MX$10.01 Billion
2015	17.38%	5.55%	1.87x	1.67x	MX$11.20 Billion
2016	19.97%	6.26%	1.85x	1.72x	MX$16.65 Billion
2017	24.99%	6.95%	1.94x	1.85x	MX$23.91 Billion
2018	22.29%	5.96%	2.01x	1.86x	MX$20.26 Billion
2019	22.54%	5.86%	1.85x	2.08x	MX$21.08 Billion
2020	19.77%	4.76%	1.94x	2.14x	MX$16.52 Billion
2021	23.75%	6.00%	1.87x	2.12x	MX$25.55 Billion
2022	24.19%	5.98%	1.96x	2.07x	MX$28.73 Billion
2023	25.91%	5.82%	2.03x	2.19x	MX$31.68 Billion
2024	23.11%	5.62%	1.94x	2.12x	MX$30.54 Billion

Industry Comparison

This section compares Wal-Mart de México S.A.B. de C.V's net assets metrics with peer companies in the Discount Stores industry.

No peer company data available for comparison.

About Wal-Mart de México S.A.B. de C.V

MX:WALMEX Mexico Discount Stores

Market Cap

$55.00 Billion

MX$955.77 Billion MXN

Market Cap Rank

#473 Global

#17 in Mexico

Share Price

MX$55.23

Change (1 day)

-0.54%

52-Week Range

MX$50.94 - MX$66.18

All Time High

MX$78.13