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MEXICO'S MULTIPLES

01 November, 2026

+ FOOD, BEV & CONSUMER STAPLES



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BOLSA
Q
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
  113.0 5.4x 7.3x 1.9x 1.4x 12.0% 0.0% 35.0 6.9 4.8 21.4 313 35
  66.2 7.6x 6.8x 6.1x 24.1x 11.5x 10.4x 2.5x 2.0x 1.7x 2.8x 2.2x 1.8x 5.1% 8.4% 10.4% 4.1% 5.3% 7.6% 14.2% 14.6% 17.4% 16.6% 9.7% 10.7% 421.5 450.4 475.6 60.3 64.1 69.3 11.8 24.8 27.4 170.5 142.5 121.1 4,296 284 87.0 31.5% Outperformer
  243.1 5.4x 4.8x 4.6x 9.1x 6.4x 6.1x 1.9x 1.5x 1.2x 1.5x 1.1x 1.1x 10.7% 8.7% 9.3% 8.6% 6.4% 6.9% 17.8% 17.9% 22.7% 19.1% 15.0% 13.6% 6.5 6.6 6.9 1.1 1.2 1.2 0.5 0.7 0.7 1.6 1.3 1.3 336 82 479.0 97.0% Outperformer
  55.8 9.5x 0.9x 1.0x 1.0x 3.5% 3.2% 14.8% 15.3% 18.2 20.1 322 18 Under Review
 
 222.210.0x9.5x8.6x20.1x16.4x15.0x2.9x2.9x2.8x0.8x0.6x0.4x6.2%6.3%6.9%2.7%5.5%6.3%20.3%20.5%16.7%17.2%16.0%16.2%248.1259.1277.750.152.656.918.722.925.035.230.121.81,694376226.01.7%Outperformer
 9.51.9x6.5x0.4x-10.7%0.5%26.53.21.0-0.3686633.0248.8%Outperformer
 216.59.0x8.6x7.8x19.0x17.3x15.2x3.2x2.9x2.7x0.8x0.8x0.6x5.9%5.7%6.8%3.4%4.6%5.9%19.6%19.9%18.0%18.9%20.8%20.8%296.9311.9332.459.961.266.124.026.429.946.449.538.92,101455213.0-1.6%Outperformer
 
 13.47.2x5.0x4.3x10.1x7.2x6.4x0.7x0.6x0.6x1.3x0.6x0.2x13.9%12.7%12.2%11.4%11.5%10.9%23.4%23.9%8.9%8.8%12.5%13.2%39.346.149.58.110.811.84.86.77.610.05.92.23,5914834.0153.7%Outperformer
 
 36.98.3x8.4x7.8x13.9x14.0x12.8x27.6x13.7x12.2x0.9x1.0x0.9x7.9%7.0%7.7%7.7%6.6%7.3%25.5%25.9%98.3%95.9%39.5%41.6%56.358.461.814.814.916.07.97.98.613.314.514.12,98611044.019.3%Outperformer
 15.25.1x4.5x3.9x9.1x7.5x6.4x1.3x3.5x2.3x1.4x1.0x0.8x6.2%8.5%10.0%5.8%7.5%9.0%24.0%24.1%46.6%35.4%31.8%29.6%17.118.020.14.04.34.81.62.02.35.44.54.09751529.091.2%Outperformer
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 96.35.5x5.0x4.2x14.6x14.2x11.2x1.7x1.6x1.4x-0.2x-0.6x-0.7x7.1%6.8%9.8%5.3%4.6%8.1%7.6%7.8%21.0%21.2%19.2%19.4%287.8295.3319.616.917.319.46.36.58.2-2.7-9.4-13.995792175.081.7%Outperformer
 30.86.8x5.8x5.2x13.1x11.0x10.0x1.0x0.9x0.9x0.2x-0.1x0.0x6.6%9.5%10.6%-2.3%-1.5%1.6%10.7%10.8%8.8%9.0%13.2%13.2%49.353.459.75.15.76.52.63.03.40.90.40.31,0793360.094.8%Outperformer
 32.86.3x5.6x5.2x15.3x15.4x14.0x0.7x0.6x0.6x1.4x1.0x0.7x2.6%6.2%7.2%8.6%3.9%5.0%6.9%7.0%4.3%4.5%8.8%9.1%174.3181.2185.911.812.513.03.83.84.116.912.19.21,7695830.0-8.5%Performer
 50.48.9x8.0x7.2x17.4x14.8x13.4x3.7x3.0x2.7x0.5x0.4x0.2x7.4%7.6%9.3%4.8%4.9%6.1%10.4%10.6%21.5%21.5%29.5%29.5%1,019.91,092.11,181.5103.5114.0124.850.058.965.253.040.925.817,29287281.060.6%Outperformer
 
 101.14.0x3.2x2.7x7.3x5.3x4.8x0.8x0.7x0.6x1.0x0.7x0.4x10.1%9.7%13.3%8.8%8.8%12.3%16.7%17.2%14.3%14.5%15.8%16.0%229.9245.8261.835.441.145.018.625.428.137.428.018.81,338135184.082.0%Outperformer
 
  52.5 4.8x 4.5x 4.1x 25.5x 10.9x 8.7x 5.0x 2.9x 2.4x 1.6x 2.3x 2.1x 0.2% 11.1% 10.4% -4.6% 5.9% 8.2% 20.7% 20.6% 30.5% 30.5% 22.9% 22.9% 84.4 91.8 98.8 11.7 19.0 20.4 1.6 3.8 4.8 29.5 44.2 42.7 795 42 80.0 52.3% Outperformer
  415.0 4.0x 3.2x 2.6x 8.7x 7.1x 6.1x 1.3x 1.2x 1.1x -0.3x -0.4x 13.3% 13.4% 16.1% -4.5% 7.5% 10.3% 7.9% 8.3% 20.2% 21.6% 31.3% 31.4% 136.6 144.7 157.7 9.9 11.5 13.1 4.6 5.6 6.5 0.0 -3.0 -5.3 96 40 1,415.0 241.0% Outperformer
  236.9 8.8x 9.0x 8.2x 26.0x 23.7x 20.5x 3.8x 3.6x 3.4x 1.1x 1.2x 1.0x 3.6% 4.9% 5.6% 2.0% 3.0% 3.8% 14.7% 14.9% 14.8% 17.1% 14.5% 15.6% 873.5 891.8 957.9 132.0 131.1 142.4 31.3 34.4 39.8 136.5 145.7 130.4 3,440 815 316.0 33.4% Outperformer
  9.5x 9.6x 452.3 520.4 61.3 66.4
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 3.24.1x3.1x2.4x-7.7x6.8x4.3x0.3x0.3x0.3x3.1x2.3x1.7x72.0%39.1%48.9%33.2%-23.7%38.8%12.0%13.0%4.5%7.0%5.1%7.0%92.795.799.19.711.512.9-1.21.32.130.226.322.02,85598.0151.6%Outperformer
 
 19.55.4x4.8x4.4x8.9x6.0x5.6x3.8x1.6x1.2x2.5x2.0x1.8x11.2%14.7%16.1%3.3%11.2%12.7%11.8%11.8%26.4%22.3%14.7%14.3%173.5182.0191.320.121.422.66.69.610.549.743.239.62,9865823.018.1%Outperformer
 163.117.0x13.9x12.8x44.8x38.9x34.8x2.7x2.5x2.3x1.1x0.7x0.5x4.5%2.7%3.6%3.4%1.4%2.2%13.4%14.1%6.3%6.7%6.6%7.0%192.7209.0213.223.128.030.08.29.410.622.617.813.42,252367Under Review
 50.04.8x3.7x3.6x522.7x10.3x9.0x0.9x0.8x0.7x1.3x1.1x1.0x19.9%11.8%11.8%15.1%6.3%7.5%10.6%10.5%7.6%7.9%8.5%7.9%50.057.859.84.66.16.30.01.61.85.86.86.43221683.0115.6%Outperformer
 12.84.0x3.5x3.2x-13.9x18.2x12.6x0.4x0.4x0.4x2.2x1.9x1.8x14.8%23.7%24.8%7.1%12.2%13.7%13.1%13.7%2.2%3.0%3.7%4.5%1.01.01.10.10.10.20.00.00.00.30.30.3305440.0213.0%Outperformer
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 471.17.4x7.0x6.0x14.2x12.2x10.2x3.3x3.2x3.0x0.1x0.4x0.3x8.8%9.7%11.3%3.3%4.8%8.0%68.7%69.1%26.0%29.6%30.032.537.319.522.325.89.911.613.912.07.78.0300141835.177.3%Outperformer
 435.512.0x11.5x10.0x21.2x17.8x15.1x8.6x6.7x5.5x2.0x1.5x1.3x7.8%6.9%8.3%-2.7%3.1%3.8%68.1%67.4%37.5%36.5%33.338.244.422.226.029.910.412.414.645.138.437.7505220391.0-10.2%Performer
 241.810.1x8.5x7.9x17.2x13.8x12.5x10.7x7.0x6.2x1.1x1.0x1.1x7.8%7.4%9.0%3.0%2.3%3.3%75.7%76.0%51.0%49.9%14.016.518.210.412.513.85.46.87.511.612.815.538693252.44.4%Performer
 
 304.98.7x8.6x7.7x7.6x15.6x13.9x1.6x1.6x1.6x-2.3x-1.3x-1.2x8.1%7.4%7.7%5.4%1.1%2.8%61.1%61.1%10.0%11.2%22.020.922.512.612.813.715.27.48.3-28.7-16.4-16.4379116408.033.8%Outperformer
                                                                                     
  Price
(USD)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(USD Billion)
TTM
Revenues
(USD Billion)
2026e
Revenues
(USD Billion)
2027e
EBITDA
(USD Billion)
TTM
EBITDA
(USD Billion)
2026e
EBITDA
(USD Billion)
2027e
Net Income
(USD Billion)
TTM
Net Income
(USD Billion)
2026e
Net Income
(USD Billion)
2027e
Net Debt
(USD Billion)
TTM
Net Debt
(USD Billion)
2026e
Net Debt
(USD Billion)
2027e
Shares
(Mill)
MktCap
(USD Billion)
PT
(USD)
Upside Rating
 
  10.6 6.5x 6.5x 5.7x 32.0x 14.9x 12.9x 1.2x 1.1x 1.0x 2.1x 1.9x 1.4x 11.3% 9.8% 10.8% 7.7% 6.1% 7.9% 19.6% 20.0% 7.5% 8.0% 6.9% 7.4% 17.0 17.1 18.0 3.5 3.4 3.6 0.5 1.0 1.2 7.2 6.2 5.2 1,451 15 25.00 23.6% Outperformer
  P$86.0 6.5x 6.4x 5.9x 10.7x 10.7x 10.0x 4.3x 3.9x 3.6x -0.8x -0.9x -1.0x 9.4% 9.0% 9.7% 9.2% 8.7% 9.4% 46.3% 46.4% 36.9% 35.9% 34.0% 33.0% 22.2 21.6 22.9 10.1 10.0 10.6 6.8 6.9 7.3 -8.0 -8.8 -10.1 852 73 87.00 1.2% Performer
  P$174.5 5.5x 4.9x 3.9x 9.9x 9.6x 8.6x 1.3x 1.2x 1.1x -0.3x -1.0x -1.6x 10.2% 10.7% 11.8% 2.9% 5.9% 10.6% 35.1% 35.7% 12.7% 12.6% 13.9% 15.0% 1.5 1.5 1.5 0.5 0.5 0.6 0.3 0.3 0.4 -0.2 -0.5 -0.9 327 57 300.00 71.9% Outperformer
 
  91.0 8.4x 7.6x 7.0x 14.8x 16.5x 14.5x 1.7x 1.5x 1.5x 2.9x 2.6x 2.3x 9.7% 7.6% 8.8% 7.0% 3.1% 5.1% 16.9% 17.3% 9.3% 10.2% 10.4% 11.2% 34.9 36.4 38.0 5.7 6.2 6.6 2.1 1.9 2.1 16.2 15.9 15.1 342 31 110.00 20.9% Performer
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
  70.0 3,018.4x 9.3x 7.5x -27.8x 37.0x 28.4x 1.3x 1.1x 1.1x 463.4x 2.0x 1.3x -1.7% 5.9% 6.9% -30.2% -3.6% 6.4% 18.4% 20.0% 3.0% 3.7% 3.5% 4.5% 8.2 7.7 8.3 1.4 1.7 -0.4 0.3 0.4 1.9 2.9 2.2 146 10 112.0 60.0% Outperformer
  23.0 5.4x 5.4x 5.1x 15.4x 17.4x 16.1x 3.7x 2.9x 2.7x 1.6x 1.6x 1.5x 7.6% 6.6% 7.2% 6.6% 5.5% 6.0% 39.0% 39.0% 16.8% 16.5% 11.5% 11.7% 955.7 980.9 1,018.2 379.2 382.1 396.9 89.6 79.3 85.8 616.6 620.1 574.3 59,993 1,382 23.5 2.0% Outperformer
  3.6 5.4x 4.3x 3.8x -91.7x 17.8x 11.3x 3.8x 3.2x 2.6x 2.4x 1.8x 1.5x 5.7% 6.7% 8.2% 5.7% 6.7% 8.2% 30.8% 31.0% 17.7% 22.7% 26.7% 28.3% 12.2 13.2 13.9 3.3 4.1 4.3 -0.1 0.6 0.9 8.1 7.4 6.6 2,751 10 Under Review
  55.8 4.2x 4.0x 3.7x 15.7x 12.5x 10.0x 1.5x 1.4x 1.3x 1.3x 1.3x 1.2x 24.0% 11.1% 12.7% 10.8% 4.2% 6.3% 45.0% 45.1% 10.8% 13.1% 7.1% 8.6% 36.8 39.2 42.9 16.5 17.6 19.4 3.0 3.8 4.8 21.6 22.7 23.2 858 48 76.0 36.3% Outperformer
  7.9 4.5x 5.9x 5.2x -3.0x -3.4x -3.1x 0.3x 0.3x 0.3x 3.3x 4.7x 3.9x 19.1% 39.4% 25.3% 0.1% 35.2% 9.5% 35.7% 38.0% -8.1% -9.9% -2.8% 3.8% 58.0 62.3 58.9 23.6 22.3 22.4 -9.4 -8.3 -9.2 41.9 59.7 49.1 3,616 28 22.0 180.3% Outperformer
                                                                                     
  Price
(USD)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(Billion)
TTM
Revenues
(Billion)
2026e
Revenues
(Billion)
2027e
EBITDA
(Billion)
TTM
EBITDA
(Billion)
2026e
EBITDA
(Billion)
2027e
Net Income
(Billion)
TTM
Net Income
(Billion)
2026e
Net Income
(Billion)
2027e
Net Debt
(Billion)
TTM
Net Debt
(Billion)
2026e
Net Debt
(Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 6.97.4x7.3x6.2x-3.8x-11.7x114.7x0.5x0.5x0.5x4.3x4.3x3.5x13.3%6.9%12.6%20.3%5.1%10.9%11.3%13.0%-4.4%0.4%1.6%3.4%0.40.30.30.00.00.00.00.00.20.20.2315212.074.7%Outperformer
 170.07.8x7.5x6.8x47.0x18.2x16.9x1.2x1.1x1.0x-4.5x-4.3x-4.1x1.9%12.9%14.7%1.1%1.9%21.5%22.0%5.9%6.0%11.4%11.4%33.433.535.57.07.27.81.53.84.1-31.1-31.1-32.440569197.015.9%Performer
 224.38.3x9.7x8.3x14.1x18.8x16.2x4.1x3.7x3.1x-0.4x-0.5x-0.8x8.2%7.0%7.9%6.6%5.5%6.9%56.4%58.2%19.5%19.1%29.9%32.8%21.018.720.312.210.511.86.65.05.8-2.1-3.6-7.47,7851,746200.0-10.8%Outperformer
 765.03.5x7.1x7.5x10.8x2.4x2.0x-0.6x0.3x16.9%17.8%12.5%8.1%37.3%18.7%24.6%11.18.45.03.12.21.5-0.70.2397304Under Review
 
 15.65.9x7.1x6.0x5.5x11.0x8.2x1.3x1.1x1.0x2.5x3.5x3.0x27.6%5.4%9.9%24.0%1.2%5.7%7.6%8.7%10.2%12.0%6.8%8.2%126.3139.7145.211.510.612.65.93.04.028.836.737.82,0843216.02.7%Outperformer
 27.04.9x2.8x2.0x19.9x7.2x6.1x1.1x0.9x0.8x2.6x1.2x0.5x15.4%21.6%26.1%7.3%21.6%26.1%31.4%32.8%13.7%13.9%10.8%11.5%16.317.918.64.15.66.10.72.02.411.410.59.35291469.0155.7%Outperformer
 22.56.2x6.1x5.6x-7.7x170.4x9.8x1.1x1.0x0.9x4.0x3.8x3.4x9.6%14.0%16.0%3.9%7.8%10.3%14.6%15.4%0.6%9.1%5.7%7.3%8.28.28.41.31.21.3-0.30.00.25.04.64.41,92743Under Review
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 5.34.6x5.7x5.2x7.3x9.1x8.0x0.4x0.4x0.4x0.3x0.2x0.1x12.1%10.1%11.0%12.1%9.2%10.0%14.7%4.9%8.98.38.71.21.21.30.90.70.80.30.20.11,261713.5153.8%Outperformer
                                                                                     
  Price
(MXN)
EV/EBITDA
TTM
EV/EBITDA
2026e
EV/EBITDA
2027e
PE
TTM
PE
2026e
PE
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Net Debt/EBITDA
TTM
Net Debt/EBITDA
2026e
Net Debt/EBITDA
2027e
OP. FCF Yield
TTM
OP. FCF Yield
2026e
OP. FCF Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
ROE
2026e
ROE
2027e
ROIC
2026e
ROIC
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Net Debt
(MXN Billion)
TTM
Net Debt
(MXN Billion)
2026e
Net Debt
(MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 14.07.7x7.7x6.9x-35.9x51.6x27.2x1.2x1.1x1.1x2.8x3.1x2.7x17.8%3.7%6.5%14.9%2.0%4.8%12.7%13.6%2.2%4.0%5.6%6.5%11.211.411.81.41.51.6-0.20.10.33.84.54.3480739.0179.4%Outperformer
                                                                                     
  Price
(MXN)
NOI Cap Rate
TTM
NOI Cap Rate
2026e
NOI Cap Rate
2027e
EBITDA Cap Rate
TTM
EBITDA Cap Rate
2026e
EBITDA Cap Rate
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Distribution Yield
TTM
Distribution Yield
2026e
Distribution Yield
2027e
FFO Yield
TTM
FFO Yield
2026e
FFO Yield
2027e
AFFO Yield
TTM
AFFO Yield
2026e
AFFO Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
NOI Mg
2026e
NOI Mg
2027e
FFO Mg
2026e
FFO Mg
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
EBITDA
(MXN Billion)
TTM
EBITDA
(MXN Billion)
2026e
EBITDA
(MXN Billion)
2027e
FFO
TTM
FFO
2026e
FFO
2027e
AFFO
TTM
AFFO
2026e
AFFO
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
 43.28.28.89.27.47.88.20.80.70.75.95.45.88.29.510.06.47.57.875.675.484.684.856.757.25.25.55.73.94.24.32.73.13.32.12.52.67613348.011.0%Outperformer
 83.36.26.67.05.45.86.21.01.01.03.23.74.25.46.16.54.45.35.776.577.387.287.662.163.90.70.70.70.50.50.60.40.40.50.30.40.41,60613463.8-23.4%Underperformer
 15.39.45.76.08.55.25.50.71.41.45.25.25.610.55.55.810.55.55.883.883.991.291.274.276.27.63.53.65.92.93.05.02.62.85.02.62.83,0844715.72.4%Outperformer
 34.59.28.18.38.97.98.10.70.70.75.47.07.37.68.28.77.78.28.774.774.676.276.036.938.231.329.229.922.721.822.310.010.811.410.010.811.43,80513126.3-23.8%Underperformer
 
 68.17.16.57.06.35.96.31.01.21.22.32.22.45.66.47.15.66.47.183.283.892.492.265.865.4304.1306.1341.9246.5254.7286.4176.0201.4223.7176.0201.4223.78705970.12.9Outperformer
                                                                                     
  Price* P/E
TTM
P/E
2026e
P/E
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Dividend Yield
2025
Dividend Yield
2026e
Dividend Yield
2027e
NIM
TTM
NIM
2026e
NIM
2027e
Cost of Risk
TTM
Cost of Risk
2026e
Cost of Risk
2027e
Efficiency
TTM
Efficiency
2026e
Efficiency
2027e
ROE
2025
ROE
2026e
ROE
2027e
ROA
2025
ROA
2026e
ROA
2027e
Net Interest Income
(MXN Billion)
TTM
Net Interest Income
(MXN Billion)
2026e
Net Interest Income
(MXN Billion)
2027e
Revenues
(MXN Billion)
TTM
Revenues
(MXN Billion)
2026e
Revenues
(MXN Billion)
2027e
Net Income
(MXN Billion)
TTM
Net Income
(MXN Billion)
2026e
Net Income
(MXN Billion)
2027e
Total Loans
(MXN Billion)
2025
Total Loans
(MXN Billion)
2026e
Total Loans (MXN Billion)
2027e
Shares
(Mill)
MktCap
(MXN Bill)
PT
(MXN)
Upside Rating
 
  55.8 7.7x 7.9x 7.3x 1.4x 1.3x 1.2x 9.3 6.6 6.1 5.5 5.7 5.7 0.7% 1.0% 1.0% 42.7% 42.8% 42.6% 17.8% 16.7% 16.8% 2.1% 2.1% 21.0 21.8 23.6 24.2 25.5 27.7 8.6 8.4 9.2 286.4 307.2 332.7 1,190 66 71.0 27.20 Outperformer
  37.5 6.8x 6.4x 5.7x 1.6x 1.4x 1.2x 3.7 5.1 6.5 40.8 40.1 39.4 13.6% 13.5% 13.2% 48.5% 49.3% 49.4% 24.0% 24.6% 23.6% 7.6% 7.6% 43.3 46.3 51.3 50.8 54.1 60.0 8.7 9.3 10.4 94.7 105.0 115.3 1,579 59 47.0 25.50 Performer
  44.9 9.6x 1.0x 2.3 6.5 1.7% 24.1% 48.7 60.4 28.3 542.7 6,076 273 Under Review
  209.9 9.9x 10.3x 10.1x 2.4x 2.1x 2.0x 8.5 5.3 6.6 6.3 6.3 6.2 1.9% 2.0% 2.1% 35.5% 37.6% 38.0% 23.3% 21.5% 20.5% 2.2% 2.1% 152.5 152.4 160.2 169.1 169.1 178.3 59.9 57.2 58.7 1,302.5 1,376.1 1,487.8 2,813 590 245.0 16.70 Outperformer
  150.2 7.7x 7.4x 7.1x 1.3x 1.2x 1.1x 5.6 6.2 7.1 5.9 6.1 6.0 -1.0% 1.1% 1.2% -43.5% 42.7% 42.9% 17.4% 17.4% 16.6% 2.3% 2.2% 15.7 16.4 17.8 18.9 19.9 21.6 6.4 6.7 7.0 177.1 210.9 230.9 328 49 182.0 21.20 Outperformer
 
  Price* P/E
TTM
P/E
2026e
P/E
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Dividend Yield
2025
Dividend Yield
2026e
Dividend Yield
2027e
FCF Yield
TTM
FCF Yield
2026e
FCF Yield
2027e
EBITDA Mg
2026e
EBITDA Mg
2027e
Net Mg
2026e
Net Mg
2027e
ROE
2026e
ROE
2027e
Revenues
(MXN Bill)
TTM
Revenues
(MXN Bill)
2026e
Revenues
(MXN Bill)
2027e
EBITDA
(MXN Bill)
TTM
EBITDA
(MXN Bill)
2026e
EBITDA
(MXN Bill)
2027e
Net Income
(MXN Bill)
TTM
Net Income
(MXN Bill)
2026e
Net Income
(MXN Bill)
2027e
Equity
(MXN Bill)
TTM
Equity
(MXN Bill)
2026e
Equity
(MXN Bill)
2027e
Dividends
TTM
Dividends
2026e
Dividends
2027e
Capex
TTM
Capex
2026e
Capex
2027e
Shares
(Mill)
MktCap
(MXN Bill)
PT
(MXN)
Upside Rating
 
  36.4 12.0x 11.0x 10.6x 2.6x 2.3x 2.2x 5.6 5.6 6.3 10.2 8.2 9.0 57.3% 56.9% 36.9% 36.6% 20.0% 19.5% 4.6 4.8 5.0 2.6 2.7 2.8 1.6 1.8 1.8 8.0 8.8 9.4 1.2 1.2 1.2 0.3 0.3 0.3 530 19 50.0 37.40 Outperformer
 
  Price
(MXN)
P/E
TTM
P/E
2026e
P/E
2027e
P/BV
TTM
P/BV
2026e
P/BV
2027e
Acquisition Ratio
TTM
Acquisition Ratio
2026e
Acquisition Ratio
2027e
Loss Ratio
TTM
Loss Ratio
2026e
Loss Ratio
2027e
Operating Ratio
TTM
Operating Ratio
2026e
Operating Ratio
2027e
Combined Ratio
TTM
Combined Ratio
2026e
Combined Ratio
2027e
Net Mg
2026e
Net Mg
2027e
ROE
2026e
ROE
2027e
ROI
2026e
ROI
2027e
Written Premiums (MXN)
TTM
Written Premiums (MXN)
2026e
Written Premiums (MXN)
2027e
Net Earned Premiums (MXN)
TTM
Net Earned Premiums (MXN)
2026e
Net Earned Premiums (MXN)
2027e
Net Profit
(MXN
TTM
Net Profit
(MXN
2026e
Net Profit
(MXN
2027e
Float (MXN)
TTM
Float (MXN)
2026e
Float (MXN)
2027e
Shares
(Mill)
MktCap
(MXN Billion)
PT
(MXN)
Upside Rating
 
  196.0 17.5x 17.1x 12.7x 3.1x 3.2x 2.8x 23.4 24.0 23.0 66.7 65.8 65.0 5.0% 5.2% 5.0% 95.1% 94.9% 93.0% 19.1% 23.5% 3.6% 4.4% 6.7% 5.9% 78.6 85.1 93.4 72.0 79.8 88.4 4.5 4.6 6.2 53.9 60.0 65.8 400 78 212.0 8.20 Outperformer