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Wal-Mart de México, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount stores under the Bodega Aurrerá, Despensa Familiar, and Palí names; hypermarkets under the Walmart name; supermarkets under the Walmart Express, Paiz, La Despensa de Don Juan, La Unión, and Más x Menos names; and membership self-service wholesale stores under the Sam's Club name. It also offers mobile internet connectivity services, advertising services, and financial services through digital wallet, as well as sells airtime recharges and imports goods for resale. In addition, the company develops and manages real estate properties. The company was founded in 1958 and is headquartered in Mexico City, Mexico. Wal-Mart de México, S.A.B. de C.V. operates as a subsidiary of Intersalt, S. de R.L. de C.V.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Wal‑Mart de México SAB de CV operates the largest retail network in Mexico and parts of Central America across discount, hypermarket and membership formats and maintains an expanding e-commerce presence. Long-term growth drivers include domestic consumption, incremental store openings, rising online grocery penetration and scale-driven cost efficiencies that may support margins. Investors may find the company attractive for its leading market share, diversified formats and historically stable cash generation.
Key risks include Mexican macroeconomic weakness and peso volatility that could impair sales and repatriated earnings, intensifying competition from local and global retailers and e-commerce players, execution risk in scaling digital operations, and regulatory or supply‑chain disruptions.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 68804.20M | 68931.49M | 68606.74M | 63366.56M | 57295.65M |
| Minority interest | 0.00M | 0.00M | 0.00M | - | - |
| Net income | 49838.26M | 53827.38M | 51589.99M | 48974.18M | 44138.07M |
| Selling general administrative | 60223.60M | 156085.25M | 136746.97M | 124693.34M | 110181.08M |
| Selling and marketing expenses | 7550.98M | - | - | - | - |
| Gross profit | 244939.98M | 231473.22M | 209774.96M | 191398.33M | 171839.72M |
| Reconciled depreciation | 24953.13M | 22639.47M | 20180.32M | 19359.21M | 18305.88M |
| Ebit | 77072.25M | 68931.49M | 76443.26M | 68011.62M | 62907.66M |
| Ebitda | 101999.13M | 91570.96M | 97020.70M | 89699.09M | 82104.59M |
| Depreciation and amortization | 24926.88M | 22639.47M | 20577.44M | 21687.47M | 19196.93M |
| Operating income | 77072.25M | 77358.99M | 73275.98M | 68011.62M | 62907.66M |
| Other operating expenses | 933461.57M | 881148.50M | 812463.84M | 751157.82M | 673136.36M |
| Interest expense | 10681.72M | 10561.42M | 7836.52M | 7049.84M | 6478.99M |
| Tax provision | 18985.91M | 15104.10M | 16756.11M | 14392.38M | 13157.58M |
| Interest income | 1327.64M | 2657.19M | 3077.91M | 2025.18M | 866.11M |
| Net interest income | -9365.33M | -7904.24M | -4503.14M | -5150.07M | -5599.31M |
| Income tax expense | 18965.94M | 15104.10M | 17016.75M | 14392.38M | 13157.58M |
| Total revenue | 1010533.82M | 958507.49M | 885739.82M | 819169.44M | 736044.02M |
| Total operating expenses | 167867.73M | 154114.23M | 136498.98M | 123386.72M | 108932.07M |
| Cost of revenue | 765593.84M | 727034.27M | 675964.86M | 627771.10M | 564204.30M |
| Total other income expense net | -8268.05M | -8427.50M | -4669.25M | -4645.06M | -5612.01M |
| Net income from continuing ops | 49890.74M | 53827.38M | 51415.47M | 48974.18M | 44138.07M |
| Net income applicable to common shares | - | - | - | 48974.18M | 44138.07M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 494752.30M | 493893.07M | 436546.62M | 418808.37M | 394389.47M |
| Intangible assets | 4740.11M | 4696.22M | 4039.41M | 3604.67M | 2990.81M |
| Other current assets | 1431.02M | 16427.51M | 20540.01M | - | 17684.09M |
| Total liab | 259420.04M | 261017.60M | 237460.58M | 216339.99M | 208507.47M |
| Total stockholder equity | 235332.26M | 232875.47M | 199086.04M | 202468.38M | 185882.00M |
| Other current liab | 38394.87M | 39887.31M | 36262.35M | 31706.41M | 32632.11M |
| Common stock | 42070.27M | 45429.16M | 42489.90M | 45468.43M | 45468.43M |
| Capital stock | 45027.87M | 45429.16M | 45429.16M | 45468.43M | 45468.43M |
| Retained earnings | 179827.68M | 167447.96M | 151020.03M | 146727.02M | 127310.88M |
| Other liab | - | - | - | 12327.20M | 14546.09M |
| Good will | 37861.58M | 42696.90M | 34296.81M | 35613.70M | 35767.24M |
| Other assets | - | - | - | 21902.24M | 20179.72M |
| Cash | 28561.08M | 36513.58M | 40668.99M | 47427.19M | 42816.54M |
| Total current liabilities | 169538.19M | 173588.19M | 156218.51M | 137685.75M | 132708.47M |
| Current deferred revenue | 2182.78M | - | 2062.60M | - | - |
| Net debt | 52287.07M | 43216.32M | 34584.81M | 25922.94M | 21874.84M |
| Short term debt | 5186.94M | 4735.12M | 4312.12M | 7023.09M | 3438.47M |
| Short long term debt | 0.00M | 0.00M | - | - | - |
| Short long term debt total | 80848.15M | 79729.90M | 75253.80M | 73350.13M | 64691.38M |
| Other stockholder equity | -1252.65M | 19998.35M | 5640.01M | 10272.93M | 13102.70M |
| Property plant equipment | - | - | - | 203154.73M | 194634.11M |
| Total current assets | 163936.83M | 173397.27M | 159742.31M | 154533.03M | 140817.59M |
| Net tangible assets | - | - | - | 163250.01M | 147123.95M |
| Net receivables | 26606.83M | 9761.23M | 3444.98M | 2036.74M | 16827.24M |
| Long term debt | 0.00M | 0.00M | - | - | - |
| Inventory | 107337.90M | 110694.94M | 95088.33M | 89461.74M | 80316.97M |
| Accounts payable | 123773.61M | 122417.45M | 114430.01M | 98956.25M | 96637.88M |
| Accumulated other comprehensive income | 14686.96M | 17031.12M | -63.90M | - | - |
| Non currrent assets other | 585.98M | 6750.67M | 20856.94M | 7798.28M | 2221.65M |
| Non current assets total | 330815.48M | 320495.80M | 276804.30M | 264275.34M | 253571.88M |
| Capital lease obligations | 80848.15M | 79729.90M | 75253.80M | 73350.13M | 64691.38M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 0.00M | -30534.76M | -26493.31M | -20316.88M | -19130.14M |
| Change to liabilities | - | - | - | -432.44M | 4221.17M |
| Total cashflows from investing activities | -37607.99M | -30534.76M | -29761.59M | -20316.88M | -19130.14M |
| Net borrowings | 0.00M | 0.00M | 0.00M | -10039.20M | -9243.98M |
| Total cash from financing activities | -50954.81M | -49797.45M | -58551.92M | -39641.29M | -37496.01M |
| Change to operating activities | - | - | - | 2774.77M | 2093.22M |
| Net income | 49838.26M | 53827.38M | 68606.74M | 63366.56M | 57295.65M |
| Change in cash | -2977.75M | -4155.40M | -6758.21M | 4610.66M | 7146.18M |
| Begin period cash flow | 31538.83M | 40668.99M | 47427.19M | 42816.54M | 35670.36M |
| End period cash flow | 28561.08M | 36513.58M | 40668.99M | 47427.19M | 42816.54M |
| Total cash from operating activities | 83414.37M | 72635.54M | 85121.58M | 64469.42M | 64881.60M |
| Issuance of capital stock | 0.00M | 0.00M | 0.00M | - | - |
| Depreciation | 24926.88M | 22639.47M | 20577.44M | 19359.21M | 18305.88M |
| Other cashflows from investing activities | 789.07M | 4229.03M | -799.61M | 527.46M | 947.67M |
| Dividends paid | 28892.55M | 37399.45M | 46348.61M | 29558.04M | 28188.74M |
| Change to inventory | 1248.10M | -12543.80M | -6601.89M | -9425.55M | -11906.23M |
| Change to account receivables | -2046.63M | -999.66M | -5425.24M | -155.26M | 1921.82M |
| Sale purchase of stock | -8799.99M | 0.00M | -987.64M | - | - |
| Other cashflows from financing activities | -22062.26M | -42.90M | -11215.67M | -10083.25M | -9307.27M |
| Change to netincome | - | - | - | - | 20066.83M |
| Capital expenditures | 38940.95M | 34763.79M | 28792.18M | 21303.74M | 20466.36M |
| Change in working capital | 1712.35M | -9119.30M | 9256.24M | -22784.66M | -3670.03M |
| Stock based compensation | 304.66M | 493.77M | 478.40M | 384.95M | 354.26M |
| Other non cash items | 8202.43M | 4794.21M | -13797.23M | 4143.36M | 5676.18M |
| Free cash flow | 44473.42M | 37871.75M | 56329.40M | 43165.68M | 44415.23M |
Sector: Consumer Defensive Industry: Discount Stores
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| WMMVF Wal Mart de Mexico SAB de CV |
-0.16 5.54% |
2.73 | 15.82 | 13.72 | 0.05 | 3.25 | 0.83 | 8.19 |
| WMT Walmart Inc. |
-2.20 1.72% |
125.52 | 39.59 | 37.45 | 1.17 | 8.81 | 1.26 | 19.84 |
| COST Costco Wholesale Corp |
-9.06 0.85% |
1056.53 | 46.29 | 40.98 | 1.36 | 12.16 | 1.35 | 27.36 |
| WMMVY Wal Mart de Mexico SAB de CV ADR |
0.56 1.97% |
29.04 | 24.25 | 21.46 | 0.08 | 6.62 | 0.08 | 0.77 |
| TGT Target Corporation |
0.41 0.26% |
158.36 | 16.48 | 15.60 | 0.65 | 4.04 | 0.79 | 9.22 |
Wal-Mart de México, S.A.B. de C.V. owns and operates self-service stores in Mexico and Central America. The company operates discount stores under the Bodega Aurrerá, Despensa Familiar, and Palí names; hypermarkets under the Walmart name; supermarkets under the Walmart Express, Paiz, La Despensa de Don Juan, La Unión, and Más x Menos names; and membership self-service wholesale stores under the Sam's Club name. It also offers mobile internet connectivity services, advertising services, and financial services through digital wallet, as well as sells airtime recharges and imports goods for resale. In addition, the company develops and manages real estate properties. The company was founded in 1958 and is headquartered in Mexico City, Mexico. Wal-Mart de México, S.A.B. de C.V. operates as a subsidiary of Intersalt, S. de R.L. de C.V.
| Name | Title | Year Born |
|---|---|---|
| Ms. Adriana Velázquez | Chief Compliance Officer | NA |
| Mr. Guilherme De Souza Macedo Loureiro | Pres, CEO & Director | NA |
| Mr. Paulo Garcia | Sr. VP of Admin. & Fin. | NA |
| Carlos Gerardo Arroyo | Chief Operations Officer | NA |
| John Gleason | VP of Treasury, Tax & Investor Relations | NA |
| Mr. Alberto Manuel Sepúlveda González Cosío | Exec. VP and Gen. Director for Legal & Institutional Matters and Sec. | NA |
| Mr. Steve Procter | Bus. development director | NA |
| Ivonne Montiel | VP of Marketing, Shopper Insights & Bus. Intelligence | NA |
| Eduardo de la Garza | Sr. VP of HR | NA |
| Mr. Álvaro De Arrigunaga | Chief Merchandising Officer | 1966 |
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