AMERICA MOVIL SAB DE CV (AMX) Stock Fundamental Analysis
NYSE:AMX - New York Stock Exchange, Inc. - US02390A1016 - ADR - Currency: USD
Overall AMX gets a fundamental rating of 4 out of 10. We evaluated AMX against 21 industry peers in the Wireless Telecommunication Services industry. While AMX is still in line with the averages on profitability rating, there are concerns on its financial health. AMX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year AMX was profitable.
In the past year AMX had a positive cash flow from operations.
In the past 5 years AMX has always been profitable.
AMX had a positive operating cash flow in each of the past 5 years.
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.
The Return On Equity of AMX (8.92%) is comparable to the rest of the industry.
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.
The Average Return On Invested Capital over the past 3 years for AMX is above the industry average of 6.19%.
| 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
With a Profit Margin value of 4.43%, AMX perfoms like the industry average, outperforming 57.14% of the companies in the same industry.
In the last couple of years the Profit Margin of AMX has declined.
With a decent Operating Margin value of 21.07%, AMX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
AMX's Operating Margin has improved in the last couple of years.
The Gross Margin of AMX (43.13%) is worse than 71.43% of its industry peers.
In the last couple of years the Gross Margin of AMX has declined.
| 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
AMX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
AMX has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, AMX has less shares outstanding
The debt/assets ratio for AMX is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.55, we must say that AMX is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.55, AMX is doing good in the industry, outperforming 71.43% of the companies in the same industry.
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.
AMX has a Debt to FCF ratio of 6.51. This is in the better half of the industry: AMX outperforms 71.43% of its industry peers.
A Debt/Equity ratio of 1.47 is on the high side and indicates that AMX has dependencies on debt financing.
AMX has a worse Debt to Equity ratio (1.47) than 61.90% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.47 | ||
| Debt/FCF | 6.51 | ||
| Altman-Z | 1.55 |
ROIC/WACC0.87
WACC9.7%
2.3 Liquidity
A Current Ratio of 0.72 indicates that AMX may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.72, AMX is doing worse than 90.48% 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 Quick ratio of 0.67. This is amonst the worse of the industry: AMX underperforms 90.48% 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 -62.81%.
Measured over the past years, AMX shows a very negative growth in Earnings Per Share. The EPS has been decreasing by -15.10% 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)-62.81%
EPS 3Y-29.05%
EPS 5Y-15.1%
EPS Q2Q%-48.28%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%18.05%
3.2 Future
The Earnings Per Share is expected to grow by 42.28% 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 4.92% yearly.
EPS Next Y240.81%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
EPS Next 5Y42.28%
Revenue Next Year9.57%
Revenue Next 2Y7.58%
Revenue Next 3Y6.79%
Revenue Next 5Y4.92%
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 37.37, 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 (28.22), we can say AMX is valued slightly more expensively.
The Price/Forward Earnings ratio is 10.89, which indicates a very decent valuation of AMX.
Based on the Price/Forward Earnings ratio, AMX is valued a bit cheaper than 76.19% of the companies in the same industry.
AMX's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 20.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.37 | ||
| Fwd PE | 10.89 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, AMX is valued a bit cheaper than the industry average as 71.43% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMX is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.77 | ||
| EV/EBITDA | 4.89 |
4.3 Compensation for Growth
AMX's 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 67.20% in the coming years.
PEG (NY)0.16
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%.
Compared to an average industry Dividend Yield of 5.43, AMX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.44, AMX pays a bit more dividend than the S&P500 average.
| 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 83.32% of its income as dividend. This is not a sustainable payout ratio.
DP83.32%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
17.19
+0.03 (+0.17%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners6.74%
Inst Owner Change-0.58%
Ins Owners22.64%
Ins Owner ChangeN/A
Market Cap52.19B
Analysts82.22
Price Target17.02 (-0.99%)
Short Float %1.6%
Short Ratio5.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.04% |
Yearly Dividend0.52
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)15.57%
PT rev (3m)15.12%
EPS NQ rev (1m)-0.31%
EPS NQ rev (3m)-26.07%
EPS NY rev (1m)0.56%
EPS NY rev (3m)-6.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.39%
Revenue NY rev (1m)1.1%
Revenue NY rev (3m)2.49%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 37.37 | ||
| Fwd PE | 10.89 | ||
| P/S | 1.22 | ||
| P/FCF | 8.77 | ||
| P/OCF | 3.93 | ||
| P/B | 2.46 | ||
| P/tB | 9.14 | ||
| EV/EBITDA | 4.89 |
EPS(TTM)0.46
EY2.68%
EPS(NY)1.58
Fwd EY9.18%
FCF(TTM)1.96
FCFY11.4%
OCF(TTM)4.37
OCFY25.42%
SpS14.05
BVpS6.97
TBVpS1.88
PEG (NY)0.16
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 | 1.55 |
F-Score6
WACC9.7%
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)-62.81%
EPS 3Y-29.05%
EPS 5Y-15.1%
EPS Q2Q%-48.28%
EPS Next Y240.81%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
EPS Next 5Y42.28%
Revenue 1Y (TTM)6.52%
Revenue growth 3Y1.52%
Revenue growth 5Y-2.91%
Sales Q2Q%18.05%
Revenue Next Year9.57%
Revenue Next 2Y7.58%
Revenue Next 3Y6.79%
Revenue Next 5Y4.92%
EBIT growth 1Y2.84%
EBIT growth 3Y2.44%
EBIT growth 5Y3.07%
EBIT Next Year105.43%
EBIT Next 3Y31.82%
EBIT Next 5Y19.38%
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%