America Movil logged a -0.2% change during today's morning session, and is now trading at a price of $17.2 per share.
America Movil returned losses of -13.5% last year, with its stock price reaching a high of $20.27 and a low of $13.1. Over the same period, the stock underperformed the S&P 500 index by -24.4%. AThe company's 50-day average price was $15.3. América Móvil, S.A.B. de C. Based in Mexico City, Mexico, the Large-Cap Telecommunications company has 177,620 full time employees. America Movil has not offered a dividend during the last year.
Wider Gross Margins Than the Industry Average of 39.55%:
| 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 |
America Movil's Valuation Is in Line With Its Sector Averages:
America Movil has a trailing twelve month P/E ratio of 26.8, compared to an average of 18.22 for the Telecommunications sector. Based on its EPS guidance of $1.68, the company has a forward P/E ratio of 9.1. According to the 70.6% compound average growth rate of America Movil's historical and projected earnings per share, the company's PEG ratio is 0.38. 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 1.08. This implies that the shares are fairly valued. In contrast, America Movil is likely overvalued compared to the book value of its equity, since its P/B ratio of 2.76 is higher than the sector average of 1.86. The company's shares are currently trading 1947.6% below their Graham number.
Analysts Give America Movil an Average Rating of Buy:
The 16 analysts following America Movil have set target prices ranging from $14.8 to $22.6 per share, for an average of $19.33 with a buy rating. The company is trading -11.0% away from its average target price, indicating that there is an analyst consensus of some upside potential.
America Movil has a very low short interest because 0.6% of the company's shares are sold short. Institutions own 5.8% 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 $1,018,569,459.
