Wal-Mart de México, S.A.B. de C.V.
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
0.850.760.720.66
Price/Sales ratio
N/AN/AN/AN/A
Earnings per Share (EPS)
$35.49$39.53$41.84$45.72

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
18.2428.7119.3821.2323.7824.8729.3130.2124.39242.40179.4123.78
Price/Sales ratio
1.261.541.211.471.411.451.391.811.4514.1110.241.41
Price/Book Value ratio
3.694.983.875.305.295.605.797.175.9062.8145.165.29
Price/Cash Flow ratio
14.5519.4613.7817.2218.3816.6415.9620.5518.53146.91126.7718.38
Price/Free Cash Flow ratio
21.8028.7019.8626.6929.5226.1421.9530.0227.68222.00228.1629.52
Price/Earnings Growth ratio
0.52-2.210.721.08-3.058.05-2.490.942.22-2.703.76-3.05
Dividend Yield
3.89%4.16%4.48%5.05%2.92%3.81%3.15%2.11%2.47%0.37%0.09%3.81%
Profitability Indicator Ratios
Gross Profit Margin
21.54%21.94%22.06%22.27%22.95%22.88%23.09%23.34%23.36%23.68%24.10%22.95%
Operating Profit Margin
7.93%7.14%7.41%7.64%7.97%8.34%8.18%8.54%8.30%8.27%8.16%7.97%
Pretax Profit Margin
7.89%7.15%7.35%7.55%7.92%7.60%7.04%7.78%7.73%7.74%7.51%7.60%
Net Profit Margin
6.95%5.38%6.26%6.95%5.95%5.85%4.76%5.99%5.97%5.82%5.72%5.85%
Effective Tax Rate
27.54%28.79%27.14%25.17%24.77%22.97%32.40%22.96%22.71%24.80%23.85%23.85%
Return on Assets
12.36%10.39%11.58%13.50%11.98%10.85%9.23%11.19%11.69%11.81%10.99%10.85%
Return On Equity
20.25%17.37%19.96%24.98%22.28%22.53%19.77%23.74%24.18%25.91%26.20%22.28%
Return on Capital Employed
20.35%19.83%20.34%23.38%25.57%22.91%24.05%24.03%24.19%26.13%25.90%25.57%
Liquidity Ratios
Current Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A0.97N/A
Quick Ratio
0.570.450.530.430.450.400.430.450.470.410.370.40
Cash ratio
0.370.320.290.330.340.270.280.320.340.260.250.27
Days of Sales Outstanding
1.311.821.271.411.531.18N/AN/AN/A1.41N/A1.18
Days of Inventory outstanding
50.1447.5347.2148.7148.6449.4346.2351.9552.0151.3458.9948.64
Operating Cycle
51.4649.3548.4850.1250.1750.6246.2351.9552.0152.7658.9950.17
Days of Payables Outstanding
56.0353.8857.9965.6165.5263.7462.4662.5157.5361.7857.4563.74
Cash Conversion Cycle
-4.56-4.53-9.50-15.49-15.34-13.12-16.22-10.55-5.52-9.021.53-15.34
Debt Ratios
Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Debt Equity Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A5.17N/A
Cash Flow to Debt Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.631.671.721.851.852.072.132.122.062.192.291.85
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.080.070.080.080.070.080.080.080.070.090.080.07
Free Cash Flow / Operating Cash Flow Ratio
0.660.670.690.640.620.630.720.680.660.660.550.63
Cash Flow Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
71.13%119.66%86.86%107.25%69.60%94.87%92.51%63.86%60.35%89.84%62.29%94.87%