América Móvil logged a -4.0% change during today's morning session, and is now trading at a price of $15.66 per share.
América Móvil returned losses of -14.0% last year, with its stock price reaching a high of $20.31 and a low of $15.55. Over the same period, the stock underperformed the S&P 500 index by -37.0%. AThe company's 50-day average price was $17.06. América Móvil, S.A.B. de C. Based in Mexico City, Mexico, the Large-Cap Telecommunications company has 175,887 full time employees. América Móvil has offered a 2.9% dividend yield over the last 12 months.
Wider Gross Margins Than the Industry Average of 38.49%:
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Revenue (M) | $52,747 | $53,454 | $50,975 | $41,564 | $43,499 | $48,303 |
| Gross Margins | 51% | 53% | 54% | 60% | 61% | 61% |
| Net Margins | 5% | 7% | 5% | 23% | 10% | 10% |
| Net Income (M) | $2,770 | $3,731 | $2,559 | $9,538 | $4,198 | $4,782 |
| Net Interest Expense (M) | $1,614 | $2,012 | $1,938 | $1,750 | $2,125 | $2,637 |
| Depreciation & Amort. (M) | $7,911 | $8,433 | $8,233 | $7,901 | $8,171 | $8,985 |
| Diluted Shares (M) | 66,056 | 66,005 | 66,862 | 0 | 63,325 | 63,224 |
| Earnings Per Share | $0.04 | $0.05 | $0.04 | $0.05 | $0.07 | $0.08 |
| Free Cash Flow (M) | $12,617 | $12,431 | $14,079 | $12,543 | $11,605 | $14,686 |
| Total Debt (M) | $27,577 | $26,278 | $24,084 | $20,354 | $21,050 | $20,119 |
| Net Debt / EBITDA | 1.76 | 1.52 | 1.35 | 1.15 | 1.12 | 0.98 |
| Current Ratio | 0.75 | 0.63 | 0.71 | 0.76 | 0.74 | 0.65 |
América Móvil's Valuation Is in Line With Its Sector Averages:
América Móvil has a trailing twelve month P/E ratio of 32.2, compared to an average of 20.19 for the Telecommunications sector. Based on its EPS guidance of $1.67, the company has a forward P/E ratio of 10.2. According to the 70.4% compound average growth rate of América Móvil's historical and projected earnings per share, the company's PEG ratio is 0.46. Taking the weighted average of the company's EPS CAGR and the broader market's 5-year projected EPS growth rate, we obtain a normalized growth rate of 24.8%. On this basis, the company's PEG ratio is 1.3. This implies that the shares are fairly valued. In contrast, América Móvil is likely overvalued compared to the book value of its equity, since its P/B ratio of 2.67 is higher than the sector average of 2.29. The company's shares are currently trading 1764.3% below their Graham number.
América Móvil Has an Analyst Consensus of Strong Upside Potential:
The 9 analysts following América Móvil have set target prices ranging from $18.9 to $24.0 per share, for an average of $21.69 with a buy rating. The company is trading -27.8% away from its average target price, indicating that there is an analyst consensus of strong upside potential.
América Móvil has a very low short interest because 0.3% of the company's shares are sold short. Institutions own 6.5% of the company's shares, and the insider ownership rate stands at 0.0%, suggesting a small amount of insider investors. The largest shareholder is Capital International Investors, whose 2% stake in the company is worth $1,031,897,367.
