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Grupo Mexicano de Desarrollo, S.A.B.

Grupo Mexicano de Desarrollo, S.A.B.

GMD.MX
Grupo Mexicano de Desarrollo, S.A.B.MX flagMexican Stock Exchange
6.69
MXN
- -
- -
1.22BMarket Cap
Grupo Mexicano de Desarrollo, S.A.B.
GMD.MX
(Mexican Stock Exchange)

Recent

price

6.69

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
22.61
24.42
26.22
13.88
13.45
18.14
18.9
20.22
21.53
22.68
18.75
21.67
26.52
27.81
26.95
29.96
27.44
Revenue per Share
1.66
0.94
0.16
0.38
-0.37
-0.06
-0.03
0.52
0.99
1.44
1.28
4.5
2.88
2.22
3.41
1.58
3.34
Basic EPS, GAAP
1.82
0.26
0.62
0.34
-5.78
0.29
-0.15
1.96
1.61
2.86
1.5
3.21
2.97
2.84
0.49
0.87
0.9
Free Cash Flow per Basic Share
- -
0.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.69
0.7
0.06
Dividend per Share
12.61
13.55
13.71
12.85
12.43
12.98
13.21
13.75
14.77
16.06
17.26
21.97
24.82
27.03
30.47
32.12
33.02
Book Value per Share
-1.97
-0.28
0.57
6.93
2.03
1.92
3.11
2.96
3.96
5.17
6.13
12.64
13.75
13.83
17.06
16.48
48.47
Tangible Book Value per Share
104
104
104
172
173
166
182
182
182
182
182
182
182
182
182
182
182
Basic Weighted Avg Shares
2,345
2,533
2,724
2,394
2,326
3,017
3,449
3,690
3,930
4,138
3,422
3,955
4,839
5,075
4,917
5,468
5,008
Sales/Revenue/Turnover
6.88
8.88
6.27
13.4
15.23
19.61
21.41
20.88
23.6
24.72
16.68
23.43
25.87
22.8
21.55
17.33
21.45
Operating Margin (%)
186
215
230
227
245
188
230
248
267
318
330
284
311
330
367
442
392
Depreciation Expense
172
98
17
66
-64
-10
-6
95
181
264
234
821
526
404
623
287
609
Net Income, GAAP
- -
- -
31.55
53.78
74.88
46.7
56.79
38.6
32.03
29.69
30.13
23.55
22.8
31.8
18.07
30.73
18.58
Effective Tax Rate (%)
7.35
3.86
0.62
2.77
-2.74
-0.33
-0.16
2.58
4.59
6.37
6.85
20.76
10.87
7.97
12.67
5.26
12.17
Profit Margin (%)
-408
-243
128
-391
-70
-53
131
142
195
411
523
99
1,225
1,314
2,117
1,093
2,179
Working Capital
482
870
834
1,447
2,691
2,851
2,877
2,806
2,713
2,672
2,557
489
1,449
1,120
1,388
488
1,825
LT Debt
2,052
2,201
2,228
3,301
3,321
3,462
3,930
4,144
4,525
4,976
5,313
6,370
7,137
7,778
8,845
9,226
8,845
Total Equity
- -
- -
3.52
3.49
1.55
4.9
4.73
6.75
8.75
9.52
5.08
8.9
11.99
9.72
10.01
6.97
8.02
Return on Invested Capital (%)
- -
- -
0.78
1.76
-1.85
-0.54
-1.25
0.37
1.44
2.74
2.42
8.61
3.3
2.44
4.98
1.88
4.28
Return on Capital (%)
14.37
7.21
1.2
3.64
-2.92
-0.47
-0.25
3.86
6.94
9.37
7.71
22.94
12.32
8.55
11.87
5.03
10.64
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
ST Debt
723
121
783
LT Borrowings
1,645
1,183
1,623
LT Finance Leases
106
205
202
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
182
182
182
Market Capitalization
2,145
1,914
1,825

Working Capital

FRC

•

in mil. unless spec.
Sep'24
Dec'24
Mar'25
Total Current Assets
3,384
3,655
3,723
Cash, Cash Equivalents & STI
1,628
1,746
1,795
Accounts Receivable, Net
867
822
811
Inventories
216
204
249
Total Current Liabilities
1,527
1,538
1,544
Payables & Accruals
- -
- -
- -
ST Debt
723
121
783
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.38%
11.79%
4.3%
Free Cash Flow
-145.18%
19.05%
75.94%
Net Income, GAAP
-149.87%
38.32%
-53.86%
Sales/Revenue/Turnover
6.67%
10.18%
11.19%
Total Cash Common Dividend
- -
- -
1.19%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,074
1,213
1,309
1,322
4,917
2025
1,164
1,466
- -
- -
5,468
2026
1,623
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.49
0.6
1.05
1.27
3.41
2025
0.42
-0.14
- -
- -
1.58
2026
0.89
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.06
0.69
2025
- -
0.07
- -
- -
0.7
2026
- -
- -
- -
- -
- -
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Business
Grupo Mexicano de Desarrollo, S.A.B. is a Mexican infrastructure developer and operator specializing in the development, construction, and management of large-scale infrastructure projects and premium tourist destinations. Its main products and services include the development and operation of ports, maritime and inland terminals, hydraulic infrastructure for water supply and wastewater treatment, toll roads and highways, industrial plants producing structural steel and hydraulic concrete pipes, engineering, procurement, and construction services, as well as renewable energy projects such as the Fenicias Wind Farm. The company also develops and operates high-end tourist resorts and residential developments through its subsidiary GMD Resorts. The company operates primarily in Mexico across its infrastructure, energy, industrial, and tourism sectors. Founded approximately 80 years ago, it is headquartered in Mexico City. Recent major developments include the acquisition of a 42.26% stake in GMD Resorts SAB, enhancing its position in the tourism sector, and the integration of the new K8+Puebla portfolio which expanded its infrastructure concession assets. In 2024, it reported record revenues and EBITDA in its infrastructure division driven by increased highway traffic, higher production, and expansion of commercial operations. The company also raised $3.5 billion in fixed income institutional investor orders to finance Mexican capital expenditures and modernization of mining facilities, signaling significant strategic investments in infrastructure and energy sectors. Grupo Mexicano de Desarrollo maintains a diversified portfolio with a strong focus on sustainable and socially responsible projects, aiming to create long-term value through selective, profitable infrastructure investments. It employs over 2,100 people and has completed more than 400 projects throughout Mexico, reinforcing Mexico’s competitiveness and quality of life through its infrastructure and tourism developments. The company’s divisions include GMD Resorts, Autopistas de Guerrero, and Desarrollos Hidráulicos de Cancún among others, reflecting its integrated approach to infrastructure and development across multiple sectors.