AMERICA MOVIL SAB DE CV (AMX) Stock Fundamental Analysis
NYSE:AMX - New York Stock Exchange, Inc. - US02390A1016 - ADR - Currency: USD
We assign a fundamental rating of 5 out of 10 to AMX. AMX was compared to 21 industry peers in the Wireless Telecommunication Services industry. AMX has a medium profitability rating, but doesn't score so well on its financial health evaluation. AMX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year AMX was profitable.
AMX had a positive operating cash flow in the past year.
Each year in the past 5 years AMX has been profitable.
In the past 5 years AMX always reported a positive cash flow from operatings.
1.2 Ratios
AMX has a Return On Assets (1.51%) which is comparable to the rest of the industry.
AMX has a Return On Equity of 7.42%. This is comparable to the rest of the industry: AMX outperforms 52.38% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.98%, AMX belongs to the top of the industry, outperforming 90.48% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for AMX is significantly above the industry average of 6.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 7.42% | ||
| ROIC | 10.98% |
ROA(3y)3.62%
ROA(5y)5.02%
ROE(3y)15.78%
ROE(5y)23.09%
ROIC(3y)11.88%
ROIC(5y)11.48%
1.3 Margins
The Profit Margin of AMX (3.13%) is comparable to the rest of the industry.
AMX's Profit Margin has declined in the last couple of years.
The Operating Margin of AMX (20.51%) is better than 71.43% of its industry peers.
AMX's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 43.05%, AMX is not doing good in the industry: 71.43% of the companies in the same industry are doing better.
In the last couple of years the Gross Margin of AMX has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.51% | ||
| PM (TTM) | 3.13% | ||
| GM | 43.05% |
OM growth 3Y0.9%
OM growth 5Y6.15%
PM growth 3Y-51.55%
PM growth 5Y-17.09%
GM growth 3Y0.79%
GM growth 5Y3.09%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), AMX is creating value.
Compared to 1 year ago, AMX has less shares outstanding
The number of shares outstanding for AMX has been reduced compared to 5 years ago.
The debt/assets ratio for AMX is higher compared to a year ago.
2.2 Solvency
AMX has an Altman-Z score of 1.48. This is a bad value and indicates that AMX is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 1.48, AMX is in the better half of the industry, outperforming 76.19% of the companies in the same industry.
AMX has a debt to FCF ratio of 6.89. This is a slightly negative value and a sign of low solvency as AMX would need 6.89 years to pay back of all of its debts.
AMX has a better Debt to FCF ratio (6.89) than 66.67% of its industry peers.
A Debt/Equity ratio of 1.72 is on the high side and indicates that AMX has dependencies on debt financing.
The Debt to Equity ratio of AMX (1.72) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.48 |
ROIC/WACC2.33
WACC4.72%
2.3 Liquidity
AMX has a Current Ratio of 0.71. This is a bad value and indicates that AMX is not financially healthy enough and could expect problems in meeting its short term obligations.
AMX has a worse Current ratio (0.71) than 90.48% of its industry peers.
AMX has a Quick Ratio of 0.71. This is a bad value and indicates that AMX is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.66, AMX is doing worse than 90.48% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
The earnings per share for AMX have decreased strongly by -43.16% in the last year.
AMX shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -15.10% yearly.
The Revenue has grown by 10.81% in the past year. This is quite good.
Measured over the past years, AMX shows a decrease in Revenue. The Revenue has been decreasing by -2.91% on average per year.
EPS 1Y (TTM)-43.16%
EPS 3Y-29.05%
EPS 5Y-15.1%
EPS Q2Q%40.91%
Revenue 1Y (TTM)10.81%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%14.14%
3.2 Future
The Earnings Per Share is expected to grow by 39.30% on average over the next years. This is a very strong growth
AMX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 3.48% yearly.
EPS Next Y240.81%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
EPS Next 5Y39.3%
Revenue Next Year10%
Revenue Next 2Y7.37%
Revenue Next 3Y6.4%
Revenue Next 5Y3.48%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 30.24, which means the current valuation is very expensive for AMX.
Based on the Price/Earnings ratio, AMX is valued a bit more expensive than the industry average as 61.90% of the companies are valued more cheaply.
The average S&P500 Price/Earnings ratio is at 27.30. AMX is around the same levels.
AMX is valuated reasonably with a Price/Forward Earnings ratio of 8.86.
Based on the Price/Forward Earnings ratio, AMX is valued a bit cheaper than the industry average as 76.19% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, AMX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.24 | ||
| Fwd PE | 8.86 |
4.2 Price Multiples
80.95% of the companies in the same industry are more expensive than AMX, based on the Enterprise Value to EBITDA ratio.
Based on the Price/Free Cash Flow ratio, AMX is valued a bit cheaper than the industry average as 61.90% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.41 | ||
| EV/EBITDA | 4.63 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
AMX has a very decent profitability rating, which may justify a higher PE ratio.
AMX's earnings are expected to grow with 67.20% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y102.13%
EPS Next 3Y67.2%
5. Dividend
5.1 Amount
AMX has a Yearly Dividend Yield of 3.04%.
AMX's Dividend Yield is comparable with the industry average which is at 5.06.
AMX's Dividend Yield is a higher than the S&P500 average which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
5.2 History
AMX has paid a dividend for at least 10 years, which is a reliable track record.
The dividend of AMX decreased recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
AMX pays out 110.28% of its income as dividend. This is not a sustainable payout ratio.
DP110.28%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
17.54
-0.09 (-0.51%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners6.68%
Inst Owner Change0%
Ins Owners22.79%
Ins Owner ChangeN/A
Market Cap53.01B
Analysts82.22
Price Target17.72 (1.03%)
Short Float %1.89%
Short Ratio5.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly Dividend0.54
Dividend Growth(5Y)N/A
DP110.28%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-6.95%
Min EPS beat(2)-26.47%
Max EPS beat(2)12.56%
EPS beat(4)1
Avg EPS beat(4)-40.59%
Min EPS beat(4)-106.13%
Max EPS beat(4)12.56%
EPS beat(8)2
Avg EPS beat(8)-35.13%
EPS beat(12)2
Avg EPS beat(12)-36.43%
EPS beat(16)5
Avg EPS beat(16)-22.67%
Revenue beat(2)1
Avg Revenue beat(2)-1.24%
Min Revenue beat(2)-2.5%
Max Revenue beat(2)0.02%
Revenue beat(4)2
Avg Revenue beat(4)-0.83%
Min Revenue beat(4)-2.5%
Max Revenue beat(4)1.41%
Revenue beat(8)2
Avg Revenue beat(8)-1.4%
Revenue beat(12)5
Avg Revenue beat(12)22.58%
Revenue beat(16)5
Avg Revenue beat(16)14.02%
PT rev (1m)1.49%
PT rev (3m)20.34%
EPS NQ rev (1m)0.17%
EPS NQ rev (3m)6.04%
EPS NY rev (1m)0.17%
EPS NY rev (3m)0.43%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.22%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.24 | ||
| Fwd PE | 8.86 | ||
| P/S | 1.1 | ||
| P/FCF | 8.41 | ||
| P/OCF | 3.93 | ||
| P/B | 2.61 | ||
| P/tB | 14.47 | ||
| EV/EBITDA | 4.63 |
EPS(TTM)0.58
EY3.31%
EPS(NY)1.98
Fwd EY11.29%
FCF(TTM)2.09
FCFY11.89%
OCF(TTM)4.46
OCFY25.42%
SpS15.93
BVpS6.72
TBVpS1.21
PEG (NY)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.51% | ||
| ROE | 7.42% | ||
| ROCE | 13.9% | ||
| ROIC | 10.98% | ||
| ROICexc | 11.86% | ||
| ROICexgc | 15.87% | ||
| OM | 20.51% | ||
| PM (TTM) | 3.13% | ||
| GM | 43.05% | ||
| FCFM | 13.09% |
ROA(3y)3.62%
ROA(5y)5.02%
ROE(3y)15.78%
ROE(5y)23.09%
ROIC(3y)11.88%
ROIC(5y)11.48%
ROICexc(3y)13.07%
ROICexc(5y)12.73%
ROICexgc(3y)17.85%
ROICexgc(5y)17.45%
ROCE(3y)15.04%
ROCE(5y)14.53%
ROICexcg growth 3Y-5.54%
ROICexcg growth 5Y-3.48%
ROICexc growth 3Y-4.06%
ROICexc growth 5Y-2.13%
OM growth 3Y0.9%
OM growth 5Y6.15%
PM growth 3Y-51.55%
PM growth 5Y-17.09%
GM growth 3Y0.79%
GM growth 5Y3.09%
F-Score6
Asset Turnover0.48
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 6.89 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 78.46% | ||
| Cap/Sales | 14.9% | ||
| Interest Coverage | 5.53 | ||
| Cash Conversion | 70.87% | ||
| Profit Quality | 418.23% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 1.48 |
F-Score6
WACC4.72%
ROIC/WACC2.33
Cap/Depr(3y)94.07%
Cap/Depr(5y)91.66%
Cap/Sales(3y)17.63%
Cap/Sales(5y)17.47%
Profit Quality(3y)227.63%
Profit Quality(5y)211.56%
High Growth Momentum
Growth
EPS 1Y (TTM)-43.16%
EPS 3Y-29.05%
EPS 5Y-15.1%
EPS Q2Q%40.91%
EPS Next Y240.81%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
EPS Next 5Y39.3%
Revenue 1Y (TTM)10.81%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%14.14%
Revenue Next Year10%
Revenue Next 2Y7.37%
Revenue Next 3Y6.4%
Revenue Next 5Y3.48%
EBIT growth 1Y12.01%
EBIT growth 3Y2.44%
EBIT growth 5Y3.07%
EBIT Next Year106.53%
EBIT Next 3Y31%
EBIT Next 5Y18.39%
FCF growth 1Y68.67%
FCF growth 3Y2.72%
FCF growth 5Y5.65%
OCF growth 1Y10.2%
OCF growth 3Y-2.49%
OCF growth 5Y0.43%