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
Grupo México S.A.B. de C.V (GMBXF) - Net Assets
Latest net assets as of December 2025: $26.18 Billion USD
Based on the latest financial reports, Grupo México S.A.B. de C.V (GMBXF) has net assets worth $26.18 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($41.85 Billion) and total liabilities ($15.67 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 | $26.18 Billion |
| % of Total Assets | 62.55% |
| Annual Growth Rate | 15.54% |
| 5-Year Change | 42.47% |
| 10-Year Change | 117.41% |
| Growth Volatility | 34.57 |
Grupo México S.A.B. de C.V - Net Assets Trend (2004–2025)
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 (2004–2025)
The table below shows the annual net assets of Grupo México S.A.B. de C.V from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $26.18 Billion | +13.52% |
| 2024-12-31 | $23.06 Billion | +7.01% |
| 2023-12-31 | $21.55 Billion | +8.81% |
| 2022-12-31 | $19.81 Billion | +7.79% |
| 2021-12-31 | $18.37 Billion | +11.12% |
| 2020-12-31 | $16.54 Billion | +7.95% |
| 2019-12-31 | $15.32 Billion | +7.46% |
| 2018-12-31 | $14.25 Billion | +2.95% |
| 2017-12-31 | $13.85 Billion | +14.99% |
| 2016-12-31 | $12.04 Billion | +5.10% |
| 2015-12-31 | $11.46 Billion | -3.81% |
| 2014-12-31 | $11.91 Billion | +1.95% |
| 2013-12-31 | $11.68 Billion | +14.77% |
| 2012-12-31 | $10.18 Billion | +16.48% |
| 2011-12-31 | $8.74 Billion | +16.71% |
| 2010-12-31 | $7.49 Billion | +13.91% |
| 2009-12-31 | $6.57 Billion | +17.26% |
| 2008-12-31 | $5.61 Billion | -8.30% |
| 2007-12-31 | $6.11 Billion | +15.08% |
| 2006-12-31 | $5.31 Billion | +162.29% |
| 2005-12-31 | $2.03 Billion | +60.73% |
| 2004-12-31 | $1.26 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 5084.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $23.97 Billion | 103.20% |
| Common Stock | $2.00 Billion | 8.60% |
| Other Comprehensive Income | $-887.48 Million | -3.82% |
| Total Equity | $23.23 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 |
|---|---|
|
James Hardie Industries plc
PINK:JHIUF
|
$14.21 Billion |
|
Kawasaki Heavy Industries Ltd
F:KHE
|
$14.23 Billion |
|
Techtronic Industries Company Limited
PINK:TTNDF
|
$14.25 Billion |
|
Coloplast A/S
PINK:CLPBF
|
$14.28 Billion |
|
SBI Holdings Inc
PINK:SBHGF
|
$14.17 Billion |
|
Smith & Nephew SNATS Inc
NYSE:SNN
|
$14.16 Billion |
|
Banco BPM S.p.A.
F:BPM
|
$14.14 Billion |
|
E.SUN Financial Holding Co Ltd
TW:2884
|
$14.14 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 20,397,239,910 to 23,231,252,853, a change of 2,834,012,943 (13.9%).
- Net income of 5,367,391,260 contributed positively to equity growth.
- Dividend payments of 2,217,365,763 reduced retained earnings.
- New share issuances of 666,549,000 increased equity.
- Other comprehensive income decreased equity by 386,733,121.
- Other factors decreased equity by 595,828,433.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.37 Billion | +23.1% |
| Dividends Paid | $2.22 Billion | -9.54% |
| Share Issuances | $666.55 Million | +2.87% |
| Other Comprehensive Income | $-386.73 Million | -1.66% |
| Other Changes | $-595.83 Million | -2.56% |
| Total Change | $- | 13.89% |
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: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.07x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $0.45 | $4.54 | x |
| 2005-12-31 | $0.24 | $4.54 | x |
| 2006-12-31 | $0.31 | $4.54 | x |
| 2007-12-31 | $0.40 | $4.54 | x |
| 2008-12-31 | $0.57 | $4.54 | x |
| 2009-12-31 | $0.66 | $4.54 | x |
| 2010-12-31 | $0.77 | $4.54 | x |
| 2011-12-31 | $0.93 | $4.54 | x |
| 2012-12-31 | $1.07 | $4.54 | x |
| 2013-12-31 | $1.24 | $4.54 | x |
| 2014-12-31 | $1.30 | $4.54 | x |
| 2015-12-31 | $1.27 | $4.54 | x |
| 2016-12-31 | $1.34 | $4.54 | x |
| 2017-12-31 | $1.52 | $4.54 | x |
| 2018-12-31 | $1.55 | $4.54 | x |
| 2019-12-31 | $1.72 | $4.54 | x |
| 2020-12-31 | $1.87 | $4.54 | x |
| 2021-12-31 | $2.08 | $4.54 | x |
| 2022-12-31 | $2.27 | $4.54 | x |
| 2023-12-31 | $2.44 | $4.54 | x |
| 2024-12-31 | $2.64 | $4.54 | x |
| 2025-12-31 | $3.06 | $4.54 | 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): 23.10%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.72%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.80x
- Recent ROE (23.10%) is below the historical average (27.02%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 62.11% | 21.97% | 0.63x | 4.45x | $656.60 Million |
| 2005 | 52.51% | 23.90% | 0.87x | 2.53x | $860.89 Million |
| 2006 | 58.32% | 28.02% | 0.61x | 3.40x | $1.27 Billion |
| 2007 | 50.87% | 26.80% | 0.62x | 3.04x | $1.31 Billion |
| 2008 | 24.68% | 18.10% | 0.69x | 1.99x | $639.96 Million |
| 2009 | 17.45% | 18.40% | 0.39x | 2.45x | $379.14 Million |
| 2010 | 26.99% | 19.92% | 0.56x | 2.42x | $1.01 Billion |
| 2011 | 33.21% | 23.23% | 0.65x | 2.19x | $1.68 Billion |
| 2012 | 30.46% | 25.02% | 0.52x | 2.33x | $1.71 Billion |
| 2013 | 18.83% | 19.50% | 0.45x | 2.13x | $855.67 Million |
| 2014 | 17.83% | 19.29% | 0.44x | 2.11x | $789.50 Million |
| 2015 | 10.28% | 12.43% | 0.37x | 2.25x | $27.88 Million |
| 2016 | 10.09% | 12.91% | 0.36x | 2.17x | $9.14 Million |
| 2017 | 13.24% | 16.02% | 0.37x | 2.24x | $383.54 Million |
| 2018 | 10.75% | 12.39% | 0.39x | 2.24x | $90.60 Million |
| 2019 | 17.03% | 20.73% | 0.37x | 2.24x | $914.16 Million |
| 2020 | 16.06% | 20.90% | 0.36x | 2.15x | $860.23 Million |
| 2021 | 24.76% | 26.76% | 0.46x | 2.03x | $2.36 Billion |
| 2022 | 42.78% | 53.29% | 0.42x | 1.89x | $5.66 Billion |
| 2023 | 17.79% | 23.49% | 0.41x | 1.85x | $1.48 Billion |
| 2024 | 15.33% | 19.34% | 0.44x | 1.81x | $1.09 Billion |
| 2025 | 23.10% | 27.72% | 0.46x | 1.80x | $3.04 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: $2,436,891,869
- Average return on equity (ROE) among peers: -95.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grupo México S.A.B. de C.V (GMBXF) | $26.18 Billion | 62.11% | 0.60x | $14.19 Billion |
| Asia Broadband Inc (AABB) | $204.90K | -396.88% | 2.89x | $231.65 |
| Altair Resources Inc (AAEEF) | $-288.26K | 0.00% | 0.00x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $-71.30K | 0.00% | 0.00x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $31.17 Million | -4.21% | 0.19x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $3.76 Million | -50.20% | 0.18x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-742.11K | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $5.68 Million | -407.57% | 1.10x | $14.34 Million |