Added to YB: 2024-05-03
Pitch date: 2024-05-03
BOLSAA.MX [bullish]
Bolsa Mexicana de Valores, S.A.B. de C.V.
+33.23%
current return
Author Info
No bio for this author
Company Info
Bolsa Mexicana de Valores, S.A.B. de C.V. operates as a stock exchange, derivatives exchange, and systems administrator to facilitate securities transactions.
Market Cap
MXN 20.8B
Pitch Price
MXN 28.28
Price Target
61.50 (+66%)
Dividend
5.44%
EV/EBITDA
7.60
P/E
12.99
EV/Sales
4.08
Sector
Capital Markets
Category
value
Mexican Stock Exchange: Deeply Discounted With Multiple Catalysts
BOLSAA.MX: Dominant Mexican stock exchange (80%+ share, 57% EBITDA margin, no debt) at 5yr lows, 13x depressed EPS, 6.4% div (80% payout). Catalysts: up to 10 IPOs, pension reform (6.5%→15% contributions), rate cuts boosting debt listings, retail boom. PT $58-65 vs $33 on 18-20x FY EPS ~3.50 MXN.
Read full article (11 min)