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.
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 1.80% is in line compared to the rest of the industry. AMX outperforms 52.38% of its industry peers.
The Return On Equity of AMX (8.85%) is comparable to the rest of the industry.
The Return On Invested Capital of AMX (8.52%) is better than 71.43% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for AMX is above the industry average of 6.26%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 8.85% | ||
| ROIC | 8.52% |
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 has a Profit Margin (3.73%) which is in line with its industry peers.
AMX's Profit Margin has declined in the last couple of years.
With a decent Operating Margin value of 20.51%, 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.
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.
AMX's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.51% | ||
| PM (TTM) | 3.73% | ||
| GM | 43.05% |
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.
AMX has less shares outstanding than it did 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 1.49. This is a bad value and indicates that AMX is not financially healthy and even has some risk of bankruptcy.
AMX has a Altman-Z score of 1.49. This is in the better half of the industry: AMX outperforms 71.43% of its industry peers.
The Debt to FCF ratio of AMX is 6.89, which is on the high side as it means it would take AMX, 6.89 years of fcf income to pay off all of its debts.
AMX has a Debt to FCF ratio of 6.89. This is in the better half of the industry: AMX outperforms 71.43% 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.
With a Debt to Equity ratio value of 1.72, AMX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.72 | ||
| Debt/FCF | 6.89 | ||
| Altman-Z | 1.49 |
ROIC/WACC0.91
WACC9.32%
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's Current ratio of 0.71 is on the low side compared to the rest of the industry. AMX is outperformed by 90.48% of its industry peers.
A Quick Ratio of 0.66 indicates that AMX may have some problems paying its short term obligations.
The Quick ratio of AMX (0.66) is worse than 90.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.66 |
3. Growth
3.1 Past
AMX shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -43.16%.
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.
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
AMX is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 42.28% yearly.
The Revenue is expected to grow by 4.92% on average over the next years.
EPS Next Y240.81%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
EPS Next 5Y42.28%
Revenue Next Year10%
Revenue Next 2Y7.37%
Revenue Next 3Y6.4%
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.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 31.05, AMX can be considered very expensive at the moment.
AMX's Price/Earnings ratio is in line with the industry average.
When comparing the Price/Earnings ratio of AMX to the average of the S&P500 Index (26.17), we can say AMX is valued inline with the index average.
The Price/Forward Earnings ratio is 9.11, which indicates a very decent valuation of AMX.
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 22.10, AMX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 9.11 |
4.2 Price Multiples
AMX's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. AMX is cheaper than 80.95% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AMX indicates a somewhat cheap valuation: AMX is cheaper than 66.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.65 | ||
| EV/EBITDA | 4.7 |
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 67.20% in the coming years.
PEG (NY)0.13
PEG (5Y)N/A
EPS Next 2Y102.13%
EPS Next 3Y67.2%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.99%, AMX has a reasonable but not impressive dividend return.
AMX's Dividend Yield is comparable with the industry average which is at 5.21.
Compared to an average S&P500 Dividend Yield of 2.40, AMX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
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
92.50% of the earnings are spent on dividend by AMX. This is not a sustainable payout ratio.
DP92.5%
EPS Next 2Y102.13%
EPS Next 3Y67.2%
17.39
-0.18 (-1.02%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners6.74%
Inst Owner Change-10.12%
Ins Owners22.64%
Ins Owner ChangeN/A
Market Cap52.72B
Analysts82.22
Price Target17.45 (0.35%)
Short Float %1.25%
Short Ratio3.73
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.99% |
Yearly Dividend0.52
Dividend Growth(5Y)N/A
DP92.5%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
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)18.57%
PT rev (3m)19.29%
EPS NQ rev (1m)5.69%
EPS NQ rev (3m)0.85%
EPS NY rev (1m)-0.26%
EPS NY rev (3m)-1.19%
Revenue NQ rev (1m)0.22%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)0.39%
Revenue NY rev (3m)1.5%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.05 | ||
| Fwd PE | 9.11 | ||
| P/S | 1.13 | ||
| P/FCF | 8.65 | ||
| P/OCF | 4.05 | ||
| P/B | 2.69 | ||
| P/tB | 14.88 | ||
| EV/EBITDA | 4.7 |
EPS(TTM)0.56
EY3.22%
EPS(NY)1.91
Fwd EY10.98%
FCF(TTM)2.01
FCFY11.56%
OCF(TTM)4.3
OCFY24.71%
SpS15.35
BVpS6.47
TBVpS1.17
PEG (NY)0.13
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.8% | ||
| ROE | 8.85% | ||
| ROCE | 13.9% | ||
| ROIC | 8.52% | ||
| ROICexc | 9.2% | ||
| ROICexgc | 12.31% | ||
| OM | 20.51% | ||
| PM (TTM) | 3.73% | ||
| GM | 43.05% | ||
| FCFM | 13.09% |
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 Turnover0.48
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 | 350.78% | ||
| Current Ratio | 0.71 | ||
| Quick Ratio | 0.66 | ||
| Altman-Z | 1.49 |
F-Score6
WACC9.32%
ROIC/WACC0.91
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)-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 5Y42.28%
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 5Y4.92%
EBIT growth 1Y12.01%
EBIT growth 3Y2.44%
EBIT growth 5Y3.07%
EBIT Next Year106.53%
EBIT Next 3Y31%
EBIT Next 5Y19.38%
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%