Grupo México, S.A.B. de C.V.

Grupo México, S.A.B. de C.V.

GMBXF
Grupo México, S.A.B. de C.V.US flagOther OTC
13.23
USD
+0.20
- -
103.55BMarket Cap
Grupo México, S.A.B. de C.V.
GMBXF
(Other OTC)

Recent

price

13.23

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
1.03
1.33
1.3
1.2
1.19
1.05
1.04
1.25
1.34
1.36
1.39
1.89
1.77
1.84
2.07
2.32
2.1
Revenue per Share
0.26
0.31
0.33
0.23
0.23
0.13
0.13
0.2
0.17
0.28
0.29
0.51
0.4
0.43
0.46
0.63
0.68
Basic EPS, GAAP
0.34
0.25
0.12
- -
0.06
0.04
0.09
0.25
0.23
0.28
0.42
0.64
0.4
0.53
0.54
0.49
0.67
Free Cash Flow per Basic Share
0.1
0.19
0.2
0.09
0.1
0.07
0.04
0.09
0.17
0.2
0.17
0.37
0.31
0.29
0.28
0.33
0.32
Dividend per Share
0.76
0.93
1.08
1.25
1.3
1.28
1.36
1.54
1.57
1.69
1.81
2.04
2.2
2.42
2.62
2.96
3.21
Book Value per Share
0.73
0.88
1
1.16
1.18
1.12
1.18
1.32
1.33
1.4
1.5
1.68
1.82
1.98
2.17
2.49
2.71
Tangible Book Value per Share
7,825
7,821
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,825
7,832
Basic Weighted Avg Shares
8,083
10,373
10,183
9,357
9,286
8,179
8,173
9,786
10,495
10,681
10,909
14,777
13,870
14,367
16,169
18,177
16,437
Sales/Revenue/Turnover
40.76
44.54
45.25
35.44
34.35
30.47
29.23
36.48
36.24
36.7
39.42
52.97
42.95
40.81
42.5
47.54
52.53
Operating Margin (%)
483
553
613
719
832
896
1,013
1,060
1,024
1,049
1,033
1,115
1,130
1,256
1,446
1,334
1,085
Depreciation Expense
2,062
2,410
2,548
1,825
1,798
1,017
1,055
1,568
1,301
2,215
2,280
3,954
3,147
3,375
3,615
4,923
5,348
Net Income, GAAP
33.63
30.69
30.19
30.45
30.59
45.48
42.83
46.87
36.55
30.38
35.98
35.38
32.78
29.6
36.25
32.66
32.26
Effective Tax Rate (%)
25.51
23.23
25.02
19.5
19.37
12.43
12.91
16.02
12.39
20.73
20.9
26.76
22.69
23.49
22.36
27.08
32.54
Profit Margin (%)
3,896
4,327
5,530
4,313
3,280
3,756
4,062
4,298
4,019
5,107
6,191
7,316
8,151
8,431
9,207
12,733
15,536
Working Capital
3,695
3,477
5,461
5,439
5,535
7,417
7,203
7,852
8,276
9,072
8,855
8,471
8,470
8,850
8,216
10,123
11,346
LT Debt
7,488
8,782
10,318
11,683
11,911
11,457
12,041
13,846
14,254
15,318
16,536
18,374
19,768
21,551
23,176
26,128
28,203
Total Equity
20.17
26.23
22.38
13.75
12.44
7.3
7.05
8.97
10.6
11.34
10.68
18.49
14.04
13.85
13.73
16.66
15.45
Return on Invested Capital (%)
16.95
17.13
15.26
9.39
8.8
4.9
5.3
7.21
5.42
8.98
8.96
13.99
10.41
10.68
10.67
13.23
13.21
Return on Capital (%)
37.31
36.37
32.31
20.03
18.14
10.18
10.37
14.06
10.86
17.64
16.76
26.21
18.95
18.67
18.34
22.53
22.75
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
240
591
607
LT Borrowings
9,514
9,495
10,786
LT Finance Leases
609
584
560
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,825
7,825
7,825
Market Capitalization
74,104
83,338
88,815

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
15,833
16,267
18,741
Cash, Cash Equivalents & STI
10,189
10,913
13,300
Accounts Receivable, Net
2,767
2,798
2,734
Inventories
1,456
1,561
1,651
Total Current Liabilities
3,099
2,917
3,205
Payables & Accruals
- -
- -
- -
ST Debt
240
591
607
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.65%
9.6%
12.74%
Free Cash Flow
38.08%
8.17%
-9.93%
Net Income, GAAP
21.2%
20.7%
36.16%
Sales/Revenue/Turnover
8.87%
11.57%
12.41%
Total Cash Common Dividend
29.32%
21.5%
15.47%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,799
4,397
4,127
3,847
16,169
2025
4,196
4,237
- -
5,154
18,177
2026
5,565
5,718
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.14
0.11
0.1
0.46
2025
0.14
0.16
- -
0.18
0.63
2026
0.22
0.28
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.07
0.08
0.08
0.28
2025
0.07
0.08
- -
0.1
0.33
2026
0.11
0.11
- -
- -
- -
Business
Grupo México, S.A.B. de C.V. operates as a leading Mexican conglomerate primarily engaged in mining, transportation, and infrastructure services. Its mining division is a major producer of copper and other metals, offering key products such as copper, zinc, gold, and silver through its extensive operations in Mexico, Peru, Chile, the United States, and Spain. The company also operates Mexico's largest and most profitable railway network, transporting a significant portion of the country's rail cargo, alongside transportation services including rail ferry operations and highway concessions. Additionally, Grupo México provides infrastructure development services, including construction and energy through subsidiaries such as Fenicias Wind Farm. Founded in 1942 and headquartered in Mexico City, the company recently expanded its transportation portfolio by acquiring a 60% stake in rail ferry subsidiaries and consolidating ownership of CG Railway, enhancing its cross-border rail operations between the US and Mexico. Its mining segment reported a 5.5% increase in copper production in 2024, supported by the start-up of the Buenavista Zinc project, which boosted zinc sales substantially. Grupo México has also increased investments in asset modernization, water usage improvements, and tailings management to ensure operational safety and efficiency. The company continues to launch new projects like the K8+Puebla portfolio and Fenicias Wind Farm as part of its diversification and growth strategy. Grupo México pursues strategic improvements in environmental and social governance, implementing ISO 14001 and ISO 45001 standards across mining operations and investing heavily in local community infrastructure, health, and education programs. It also maintains a commitment to sustainable growth, demonstrated through listings such as the FTSE4Good Index Series and consistent enhancements in ESG ratings. The company is advancing organic growth strategies without major recent acquisitions beyond those related to transportation assets, while it recently put forth a binding proposal to acquire a stake in Banamex's retail division as part of its broader expansion ambitions in Mexico's financial services. Grupo México serves multiple business segments including mining, railway transportation, infrastructure, and energy across North and South America. It is one of Mexico's largest companies by market capitalization and a top global copper producer. Its operational scope encompasses ownership and management of mining mines, railway networks, highways, construction services, and renewable energy assets. This integrated business model strengthens its leadership position in the mining and transportation industries while aligning with strategic goals of operational optimization and environmental stewardship. This comprehensive profile captures Grupo México's core offerings and recent significant developments as of late 2025.

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