$WALMEX* (-0,36 %)

Maybe it's just a stock split, but that would be unusual given the low share price. Let's see.

$WALMEX* (-0,36 %)

Brief presentation of the company

• Name / ISIN: Wal-Mart de Mexico SAB - MX01WA000038
• Sector / Industry: Consumer Staples - Grocery, e.g. Bodega Aurrera,Walmart Supercenter, Sam's Club, Superama,
  Walmart Express, Suburbia, Farmacias Medimart
• Geographical positioning: Mexico (90 % sales), Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica
• Special features: largest retailer in Mexico, listed subsidiary of Walmart USA,

Fundamental key figures (as at Q4 24, rounded)

• Market capitalization: MXN 1,027.952 billion
• P/E ratio / forward P/E ratio: 19 /22
• Sales growth (3y CAGR): 9%
• Profit growth: 10%
• Free cash flow mage: 6%
• Debt to equity ratio: 16
• Dividend yield: 3.7%

Valuation and comparison

• The historical average P/E ratio of Walmex is 24.07 over the last 10 years. The share therefore appears to be cheaply valued.
• Peer group: Walmart USA P/E 39
• Walmex delivers a very strong balance sheet and growth. Walmex opened 180 new stores in 2024. In 2025, the aim is to double this number and open 365 units, one store per day.

Opportunities & investment thesis

- Demographics & consumption boom in Mexico and Central America

- Digital transformation: eCommerce + logistics network being aggressively expanded

- Defensive business model in a region with high potential in retail

- Interesting currency (MXN) with positive real interest rate and relative stability vs. USD/EUR

Risks

- Concentration on Mexico - high domestic dependency

- Political risks (e.g. wage regulation, tax policy)

- Margin pressure from online trading and new competitors

- Currency risk for euro investors

Chart technology

- After months in a downtrend, the trend may be reversing after the last breakout

- short-term overbought

Personal assessment

- Interesting long-term quality share with a defensive profile

- Solid mix of dividend, growth 🤑 & emerging market exposure

- I am invested and would like to increase the position in the event of a setback 🤓

General Mills $GIS (+0,29 %) (fair-favorable, interesting)

Wal-Mart de Mexico $WALMEX* (-0,36 %) (downtrend - weak peso?)

P&G $PG (-0,17 %)

Costco $COST (-0,51 %)

Church & Dwight $CHD (+0,1 %) (very expensive - silent expansion underway? see German website)

Pepsi $PEP (+0,06 %)

Monster $MNST (+0,24 %)

Coca Consol $COKE (-0,75 %)

Lotus Bakeries $LOTB (+0,49 %)

Mondelez $MDLZ (-0,48 %)

Hershey $HSY (-0,95 %)

Most of them are still "very" expensive in my opinion, despite the current price declines.

I would be interested to know which are your favorites for a long-term investment?

Chart technology from the picture book VI

Wal-Mart de Mexico

We love food

$WALMEX* (-0,36 %)

$WALMEX* (-0,36 %)
$WMT (-0,84 %) Why did Walmart Mexico crash like this? I can't find any information about it.

I will soon have some money available to invest again, which I would like to use for additional purchases.

First and foremost, I want to further expand my ETF positions.

I would particularly like to buy more of my individual stocks at the moment:

• Canadian National Railway $CNR (-0,61 %)
• 
  Nestlé $NESN (+0,65 %)
• 
  PepsiCo $PEP (+0,06 %)
• 
  Daikin Industries $6367 (+0,86 %)
• 
  Walmart de Mexico $WALMEX* (-0,36 %)

These are all long-term positions in my portfolio, which I think are currently valued quite favorably.

What do you think of these 5 companies?

I am grateful for any input!

Your Burner

Depot update:

I have again exchanged a few of my 45 long-term individual positions for stocks that I simply feel more comfortable with for the next few years.

Once again, a brief summary of my strategy:

1) I want to bring the two large ETF positions to 25% weighting each, as the core of the portfolio.

2) I would like to hold and save the 45 individual positions for the long term, as I consider them to be good buy & hold investments that have the potential to beat the market in the long term.

3) I would like to hold cryptos at a weighting of around 5%. If the weighting exceeds 10%, I halve it again and invest the money freed up in equities.

Considerations/plans:

- Additional purchases are planned for positions that are not yet as large for me, for example. $NOC (-0,42 %) I would like each position to be at least €600

• Also bid $V (-0,8 %)
  $CNR (-0,61 %) and $WALMEX* (-0,36 %) are currently offering me good opportunities for additional purchases
• I am currently considering "only" weighting the two ETFs with 20% each and also adding the $CSNDX (-1,11 %) with a 10% weighting... But I don't think I will do that, the heavyweights from the Nasdaq 100 are already well weighted in my portfolio anyway

What do you think about the portfolio, what would you change?

PS: I'm not actively looking to collect a lot of dividends and I'm aware of the high number of individual stocks, so I can live with that.