AMERICA MOVIL SAB DE CV (AMX) Stock Fundamental Analysis
NYSE:AMX - New York Stock Exchange, Inc. - US02390A1016 - ADR - Currency: USD
AMX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 21 industry peers in the Wireless Telecommunication Services industry. There are concerns on the financial health of AMX while its profitability can be described as average. AMX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
AMX had positive earnings in the past year.
AMX had a positive operating cash flow in the past year.
AMX had positive earnings in each of the past 5 years.
Each year in the past 5 years AMX had a positive operating cash flow.
1.2 Ratios
AMX's Return On Assets of 2.07% is in line compared to the rest of the industry. AMX outperforms 57.14% of its industry peers.
AMX's Return On Equity of 8.92% is in line compared to the rest of the industry. AMX outperforms 57.14% of its industry peers.
With a decent Return On Invested Capital value of 8.42%, AMX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
AMX had an Average Return On Invested Capital over the past 3 years of 9.21%. This is above the industry average of 6.59%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 8.92% | ||
| ROIC | 8.42% |
ROA(3y)3.71%
ROA(5y)5.08%
ROE(3y)16.24%
ROE(5y)23.36%
ROIC(3y)9.21%
ROIC(5y)8.9%
1.3 Margins
AMX's Profit Margin of 4.43% is in line compared to the rest of the industry. AMX outperforms 57.14% of its industry peers.
AMX's Profit Margin has declined in the last couple of years.
AMX has a better Operating Margin (21.07%) than 71.43% of its industry peers.
AMX's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 43.13%, AMX is doing worse than 71.43% of the companies in the same industry.
AMX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 21.07% | ||
| PM (TTM) | 4.43% | ||
| GM | 43.13% |
OM growth 3Y0.9%
OM growth 5Y6.15%
PM growth 3Y-48%
PM growth 5Y-13.5%
GM growth 3Y-10.72%
GM growth 5Y-4.15%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so AMX is destroying value.
The number of shares outstanding for AMX has been reduced compared to 1 year ago.
Compared to 5 years ago, AMX has less shares outstanding
Compared to 1 year ago, AMX has a worse debt to assets ratio.
2.2 Solvency
AMX has an Altman-Z score of 1.50. This is a bad value and indicates that AMX is not financially healthy and even has some risk of bankruptcy.
AMX's Altman-Z score of 1.50 is fine compared to the rest of the industry. AMX outperforms 71.43% of its industry peers.
The Debt to FCF ratio of AMX is 6.51, which is on the high side as it means it would take AMX, 6.51 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 6.51, AMX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
AMX has a Debt/Equity ratio of 1.47. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of AMX (1.47) is worse than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 6.51 | ||
| Altman-Z | 1.5 |
ROIC/WACC0.87
WACC9.71%
2.3 Liquidity
AMX has a Current Ratio of 0.72. 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 Current ratio, with a value of 0.72, AMX is doing worse than 85.71% of the companies in the same industry.
AMX has a Quick Ratio of 0.72. 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 Quick ratio (0.67) than 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.67 |
3. Growth
3.1 Past
AMX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -61.97%.
Measured over the past years, AMX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -14.64% on average per year.
Looking at the last year, AMX shows a small growth in Revenue. The Revenue has grown by 6.52% in the last year.
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)-61.97%
EPS 3Y-46.14%
EPS 5Y-14.64%
EPS Q2Q%-46.27%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%18.05%
3.2 Future
Based on estimates for the next years, AMX will show a very strong growth in Earnings Per Share. The EPS will grow by 26.25% on average per year.
The Revenue is expected to grow by 4.53% on average over the next years.
EPS Next Y97.91%
EPS Next 2Y50.68%
EPS Next 3Y39.28%
EPS Next 5Y26.25%
Revenue Next Year8.39%
Revenue Next 2Y7.57%
Revenue Next 3Y6.83%
Revenue Next 5Y4.53%
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 33.02, which means the current valuation is very expensive for AMX.
Based on the Price/Earnings ratio, AMX is valued a bit more expensive than 61.90% of the companies in the same industry.
When comparing the Price/Earnings ratio of AMX to the average of the S&P500 Index (29.35), we can say AMX is valued inline with the index average.
With a Price/Forward Earnings ratio of 9.75, the valuation of AMX can be described as very reasonable.
71.43% of the companies in the same industry are more expensive than AMX, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.10, AMX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.02 | ||
| Fwd PE | 9.75 |
4.2 Price Multiples
71.43% of the companies in the same industry are more expensive than AMX, based on the Enterprise Value to EBITDA ratio.
The rest of the industry has a similar Price/Free Cash Flow ratio as AMX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.9 | ||
| EV/EBITDA | 4.59 |
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.
A more expensive valuation may be justified as AMX's earnings are expected to grow with 39.28% in the coming years.
PEG (NY)0.34
PEG (5Y)N/A
EPS Next 2Y50.68%
EPS Next 3Y39.28%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.36%, AMX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.29, AMX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, AMX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
5.2 History
AMX has paid a dividend for at least 10 years, which is a reliable track record.
AMX has decreased its dividend recently.
Dividend Growth(5Y)N/A
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
83.32% of the earnings are spent on dividend by AMX. This is not a sustainable payout ratio.
DP83.32%
EPS Next 2Y50.68%
EPS Next 3Y39.28%
14.86
+0.1 (+0.68%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners6.74%
Inst Owner Change3.05%
Ins Owners22.64%
Ins Owner ChangeN/A
Market Cap45.22B
Analysts81.11
Price Target14.73 (-0.87%)
Short Float %0.96%
Short Ratio4.72
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.36% |
Yearly Dividend0.5
Dividend Growth(5Y)N/A
DP83.32%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-74.23%
Min EPS beat(2)-106.13%
Max EPS beat(2)-42.33%
EPS beat(4)0
Avg EPS beat(4)-45.23%
Min EPS beat(4)-106.13%
Max EPS beat(4)-13.84%
EPS beat(8)1
Avg EPS beat(8)-42.51%
EPS beat(12)3
Avg EPS beat(12)-34.52%
EPS beat(16)5
Avg EPS beat(16)-24.12%
Revenue beat(2)1
Avg Revenue beat(2)-0.42%
Min Revenue beat(2)-2.24%
Max Revenue beat(2)1.41%
Revenue beat(4)1
Avg Revenue beat(4)-1.45%
Min Revenue beat(4)-4.8%
Max Revenue beat(4)1.41%
Revenue beat(8)2
Avg Revenue beat(8)-0.31%
Revenue beat(12)4
Avg Revenue beat(12)21.67%
Revenue beat(16)4
Avg Revenue beat(16)13.78%
PT rev (1m)0.67%
PT rev (3m)-3.97%
EPS NQ rev (1m)-0.51%
EPS NQ rev (3m)-26.08%
EPS NY rev (1m)-5.96%
EPS NY rev (3m)-5.76%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)1.38%
Revenue NY rev (3m)4.05%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.02 | ||
| Fwd PE | 9.75 | ||
| P/S | 1.1 | ||
| P/FCF | 7.9 | ||
| P/OCF | 3.54 | ||
| P/B | 2.22 | ||
| P/tB | 8.24 | ||
| EV/EBITDA | 4.59 |
EPS(TTM)0.45
EY3.03%
EPS(NY)1.52
Fwd EY10.25%
FCF(TTM)1.88
FCFY12.65%
OCF(TTM)4.19
OCFY28.21%
SpS13.48
BVpS6.69
TBVpS1.8
PEG (NY)0.34
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.07% | ||
| ROE | 8.92% | ||
| ROCE | 13.74% | ||
| ROIC | 8.42% | ||
| ROICexc | 9.05% | ||
| ROICexgc | 12.13% | ||
| OM | 21.07% | ||
| PM (TTM) | 4.43% | ||
| GM | 43.13% | ||
| FCFM | 13.95% |
ROA(3y)3.71%
ROA(5y)5.08%
ROE(3y)16.24%
ROE(5y)23.36%
ROIC(3y)9.21%
ROIC(5y)8.9%
ROICexc(3y)10.16%
ROICexc(5y)9.89%
ROICexgc(3y)13.9%
ROICexgc(5y)13.57%
ROCE(3y)15.03%
ROCE(5y)14.52%
ROICexcg growth 3Y-5.14%
ROICexcg growth 5Y-3.23%
ROICexc growth 3Y-3.87%
ROICexc growth 5Y-2.01%
OM growth 3Y0.9%
OM growth 5Y6.15%
PM growth 3Y-48%
PM growth 5Y-13.5%
GM growth 3Y-10.72%
GM growth 5Y-4.15%
F-Score6
Asset Turnover0.47
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 6.51 | ||
| Debt/EBITDA | 1.83 | ||
| Cap/Depr | 91.66% | ||
| Cap/Sales | 17.15% | ||
| Interest Coverage | 5.46 | ||
| Cash Conversion | 78.17% | ||
| Profit Quality | 314.94% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.67 | ||
| Altman-Z | 1.5 |
F-Score6
WACC9.71%
ROIC/WACC0.87
Cap/Depr(3y)94.07%
Cap/Depr(5y)91.66%
Cap/Sales(3y)17.63%
Cap/Sales(5y)17.47%
Profit Quality(3y)197.47%
Profit Quality(5y)193.46%
High Growth Momentum
Growth
EPS 1Y (TTM)-61.97%
EPS 3Y-46.14%
EPS 5Y-14.64%
EPS Q2Q%-46.27%
EPS Next Y97.91%
EPS Next 2Y50.68%
EPS Next 3Y39.28%
EPS Next 5Y26.25%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%18.05%
Revenue Next Year8.39%
Revenue Next 2Y7.57%
Revenue Next 3Y6.83%
Revenue Next 5Y4.53%
EBIT growth 1Y2.84%
EBIT growth 3Y2.44%
EBIT growth 5Y3.07%
EBIT Next Year95.48%
EBIT Next 3Y29.83%
EBIT Next 5Y23.25%
FCF growth 1Y83.35%
FCF growth 3Y2.72%
FCF growth 5Y5.65%
OCF growth 1Y19.72%
OCF growth 3Y-2.49%
OCF growth 5Y0.43%