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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 warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates 2,198 Bodega Aurrerá discount stores, 294 Walmart hypermarkets, 14 Superama supermarkets, 85 Walmart Express supermarkets, and 165 Sam's Club membership self-service wholesale stores. The company also operates 572 Despensa Familiar and Palí discount stores; 98 Paiz, La Despensa de Don Juan, La Unión, and Más x Menos supermarkets; 158 Bodegas, Maxi Bodega, and Maxi Palí stores; and 36 Walmart hypermarkets in Costa Rica, Guatemala, Honduras, Nicaragua, and El Salvador. In addition, it imports and sells goods; develops properties; and manages real estate companies. The company was founded in 1958 and is headquartered in Mexico City, Mexico. Wal-Mart de México, S.A.B. de C.V. is 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.
Walmart de Mexico (Walmex) operates supermarkets, discount stores, membership clubs and growing e-commerce operations across Mexico and Central America. Long-term growth may be supported by scale and low-cost formats, expanding store footprint, rising urbanization and increasing online penetration, which together appear positioned to sustain cash flow generation and market share.
Key risks include exposure to Mexican and Central American economic cycles and currency swings, intensifying competition from local and online rivals, and margin pressure from inflation, supply-chain disruption or regulatory changes.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 63366.56M | 57295.65M | 49464.09M | 49202.12M | 48859.74M |
| Minority interest | - | - | - | 0.00M | 0.00M |
| Net income | 48974.18M | 44138.07M | 33434.86M | 37897.77M | 36752.61M |
| Selling general administrative | 124693.34M | 110181.08M | 105041.81M | 94426.42M | 92597.69M |
| Gross profit | 191398.33M | 171839.72M | 162039.92M | 148050.80M | 141586.51M |
| Reconciled depreciation | 19359.21M | 18305.88M | 17939.62M | 17002.51M | 12557.59M |
| Ebit | - | 63066.79M | 57455.42M | 54010.76M | 49405.79M |
| Ebitda | 89775.60M | 82080.52M | 73813.60M | 71957.13M | 62970.56M |
| Non operating income net other | - | - | - | 0.00M | 0.00M |
| Operating income | 68011.62M | 62907.66M | 57447.28M | 54002.69M | 49189.79M |
| Other operating expenses | - | 2254.86M | 1098.90M | 942.18M | 997.08M |
| Interest expense | 7049.84M | 6478.99M | 6409.89M | 5752.51M | 1553.24M |
| Tax provision | 14392.38M | 13157.58M | 16029.23M | 11304.35M | 12107.12M |
| Interest income | 2025.18M | 866.11M | 986.29M | 1218.69M | 1268.12M |
| Net interest income | -5150.07M | -5599.31M | -8214.30M | -4826.42M | -406.86M |
| Extraordinary items | - | - | - | 0.00M | 0.00M |
| Non recurring | - | - | - | 0.00M | 0.00M |
| Other items | - | - | - | 0.00M | 0.00M |
| Income tax expense | 14392.38M | 13157.58M | 16029.23M | 11304.35M | 12107.12M |
| Total revenue | 819169.44M | 736044.02M | 701734.16M | 646846.43M | 616910.33M |
| Total operating expenses | 751157.82M | 673136.36M | 644286.88M | 592843.75M | 567720.54M |
| Cost of revenue | 627771.10M | 564204.30M | 539694.25M | 498795.63M | 475323.82M |
| Total other income expense net | - | - | - | -0.00M | 0.00M |
| Discontinued operations | - | - | - | 0.00M | 0.00M |
| Net income from continuing ops | 48974.18M | 44138.07M | 33434.86M | 37897.77M | 36752.61M |
| Net income applicable to common shares | 48974.18M | 44138.07M | 33434.86M | 37897.77M | 36752.61M |
| Preferred stock and other adjustments | - | - | - | 0.00M | 0.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 418808.37M | 394389.47M | 361883.10M | 349172.27M | 306528.83M |
| Intangible assets | 3604.67M | 2990.81M | 2554.64M | 1938.23M | 2008.53M |
| Other current assets | - | 856.85M | 700.35M | 1777.90M | 1405.92M |
| Total liab | 216339.99M | 208507.47M | 192764.41M | 181027.50M | 141614.76M |
| Total stockholder equity | 202468.38M | 185882.00M | 169118.69M | 168144.77M | 164914.07M |
| Deferred long term liab | - | - | - | 0.00M | 0.00M |
| Other current liab | - | 7001.65M | 6712.92M | 5839.04M | 27386.40M |
| Common stock | 42526.63M | 42526.63M | 42526.63M | 42526.63M | 42526.63M |
| Capital stock | 45468.43M | 45468.43M | 45468.43M | 45468.43M | 45468.43M |
| Retained earnings | 146727.02M | 127310.88M | 111361.55M | 108860.21M | 104638.69M |
| Other liab | 12327.20M | 14546.09M | 13173.08M | 13360.26M | 12319.78M |
| Good will | 35613.70M | 35767.24M | 34997.38M | 35145.36M | 34989.21M |
| Other assets | 21902.24M | 20179.72M | 17457.75M | 16388.82M | 14548.27M |
| Cash | 47427.19M | 42816.54M | 35670.36M | 30857.09M | 38829.60M |
| Total current liabilities | 137685.75M | 132708.47M | 123069.92M | 113498.95M | 114165.49M |
| Short term debt | - | - | - | 0.00M | 0.00M |
| Short long term debt | - | - | - | 0.00M | 0.00M |
| Short long term debt total | - | - | - | 0.00M | 0.00M |
| Other stockholder equity | - | 11135.93M | 10686.77M | 12439.83M | 13733.96M |
| Property plant equipment | 203154.73M | 194634.11M | 185148.40M | 181794.69M | 139368.01M |
| Total current assets | 154533.03M | 140817.59M | 121724.94M | 113905.17M | 115614.82M |
| Long term investments | - | - | - | 0.00M | 0.00M |
| Net tangible assets | 163250.01M | 147123.95M | 131566.68M | 131061.18M | 127916.34M |
| Short term investments | - | - | - | 0.00M | 0.00M |
| Net receivables | 16719.31M | 16827.24M | 16993.75M | 13716.96M | 12035.03M |
| Long term debt | - | - | - | 0.00M | 0.00M |
| Inventory | 89461.74M | 80316.97M | 68360.47M | 67553.21M | 63344.26M |
| Accounts payable | 98956.25M | 96637.88M | 92356.30M | 87115.82M | 85327.00M |
| Total permanent equity | - | - | - | 0.00M | 0.00M |
| Noncontrolling interest in consolidated entity | - | - | - | 0.00M | 0.00M |
| Temporary equity redeemable noncontrolling interests | - | - | - | 0.00M | 0.00M |
| Accumulated other comprehensive income | - | - | - | 0.00M | 0.00M |
| Additional paid in capital | - | - | - | 0.00M | 0.00M |
| Common stock total equity | - | - | - | 0.00M | 0.00M |
| Preferred stock total equity | - | - | - | 0.00M | 0.00M |
| Retained earnings total equity | - | - | - | 0.00M | 0.00M |
| Treasury stock | - | - | - | 0.00M | 0.00M |
| Accumulated amortization | - | - | - | 0.00M | 0.00M |
| Non currrent assets other | 2318.18M | 2221.65M | 2043.57M | 1836.04M | 2226.68M |
| Deferred long term asset charges | - | - | - | 0.00M | 0.00M |
| Non current assets total | 264275.34M | 253571.88M | 240158.16M | 235267.10M | 190914.02M |
| Capital lease obligations | 73350.13M | 64691.38M | 59738.21M | 57212.62M | 15437.83M |
| Long term debt total | - | - | - | 0.00M | 0.00M |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -20316.88M | -19130.14M | -16528.88M | -19681.10M | -15468.03M |
| Change to liabilities | -432.44M | 4221.17M | 4938.20M | 2153.06M | 6107.66M |
| Total cashflows from investing activities | -20316.88M | -19130.14M | -16528.88M | -19681.10M | -15468.03M |
| Net borrowings | -10039.20M | -9243.98M | -8675.22M | -8076.30M | -1557.33M |
| Total cash from financing activities | - | -37496.01M | -39703.61M | -44278.20M | -27139.31M |
| Change to operating activities | 2774.77M | 2093.22M | 2678.91M | -1486.91M | -240.49M |
| Net income | 48974.18M | 44138.07M | 33434.86M | 37897.77M | 36752.61M |
| Change in cash | 4610.66M | 7146.18M | 4813.27M | -7972.51M | 3233.48M |
| Begin period cash flow | 42816.54M | 35670.36M | 30857.09M | 38829.60M | 35596.12M |
| End period cash flow | 47427.19M | 42816.54M | 35670.36M | 30857.09M | 38829.60M |
| Total cash from operating activities | 64469.42M | 64881.60M | 61373.07M | 57356.50M | 47534.77M |
| Depreciation | 19359.21M | 18305.88M | 17939.62M | 17002.51M | 12557.59M |
| Other cashflows from investing activities | 527.46M | 947.67M | -198.65M | 674.77M | 2208.64M |
| Dividends paid | 29558.04M | 15564.33M | 15033.91M | 20228.07M | 12618.14M |
| Change to inventory | -9425.55M | -11906.23M | -562.52M | -4385.07M | -4476.89M |
| Change to account receivables | -155.26M | 1921.82M | -2711.14M | -1980.70M | -641.25M |
| Sale purchase of stock | - | - | - | 0.00M | 0.00M |
| Other cashflows from financing activities | -44.05M | -63.30M | -94.86M | -244.62M | -244.62M |
| Change to netincome | - | 20066.83M | 21846.96M | 17606.14M | 12800.85M |
| Capital expenditures | 21303.74M | 20466.36M | 16728.10M | 20574.83M | 17932.58M |
| Change receivables | - | - | - | 0.00M | 0.00M |
| Cash flows other operating | - | - | - | 0.00M | 0.00M |
| Exchange rate changes | - | - | - | 0.00M | 0.00M |
| Cash and cash equivalents changes | - | - | - | 0.00M | 0.00M |
| Change in working capital | -22784.66M | -3670.03M | 4343.45M | -5191.59M | 654.21M |
| Stock based compensation | 384.95M | 354.26M | 386.92M | 330.78M | - |
| Other non cash items | 5068.71M | 5676.18M | 5518.46M | 4991.28M | 285.12M |
| Free cash flow | 43165.68M | 44415.23M | 44644.96M | 36052.29M | 47534.77M |
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) |
|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| TGT Target Corporation |
0.41 0.26% |
158.36 | 16.48 | 15.60 | 0.65 | 4.04 | 0.79 | 9.22 |
| 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 |
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 warehouses and stores, hypermarkets, supermarkets, and membership self-service wholesale stores. It operates 2,198 Bodega Aurrerá discount stores, 294 Walmart hypermarkets, 14 Superama supermarkets, 85 Walmart Express supermarkets, and 165 Sam's Club membership self-service wholesale stores. The company also operates 572 Despensa Familiar and Palí discount stores; 98 Paiz, La Despensa de Don Juan, La Unión, and Más x Menos supermarkets; 158 Bodegas, Maxi Bodega, and Maxi Palí stores; and 36 Walmart hypermarkets in Costa Rica, Guatemala, Honduras, Nicaragua, and El Salvador. In addition, it imports and sells goods; develops properties; and manages real estate companies. The company was founded in 1958 and is headquartered in Mexico City, Mexico. Wal-Mart de México, S.A.B. de C.V. is a subsidiary of Intersalt, S. De R.l. De C.v.
| Name | Title | Year Born |
|---|---|---|
| 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 |
| Ms. Adriana Velázquez | Chief Compliance Officer | 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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