Equity Research

Full-company analysis.

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12 Companies
1 Available Now
Mexico + LatAm Coverage
Status
Showing 12 companies

Not investment advice. For informational purposes only. See our disclaimer.

Equity Research Alsea BMV: ALSEA*
Consumer / Restaurant

Alsea

Alsea is Latin America's largest multi-brand restaurant operator, running 4,820 locations across 12 countries under brands including Starbucks, Domino's Pizza, Burger King, Chili's, The Cheesecake Factory and owned concepts like Vips.

Equity Research GAPB BMV: GAPB
Airport Concession

Grupo Aeroportuario del Pacifico

Operator of 14 airports under long-term concessions, including 12 in Mexico's Pacific and central regions (Guadalajara, Tijuana, Los Cabos, Puerto Vallarta) and 2 in Jamaica. Carried approximately 63.7 million passengers in 2025.

Equity Research Gentera BMV: GENTERA*
Financial Institution

Gentera

Latin America's largest microfinance institution, serving over 6.5 million clients through Banco Compartamos with a loan portfolio of MXN 93.6 billion. Holds approximately 45-49% of Mexico's microfinance market, with roughly 90% of borrowers being women.

Equity Research Gruma BMV: GRUMAB
Food Producer

Gruma

World's largest producer of corn flour and tortillas, operating approximately 72 plants across the Americas, Europe, and Asia under the Mission and Maseca brands. Generates roughly US$6.5 billion in annual revenue, with about 82% of EBITDA coming from outside Mexico.

Equity Research WALMEX BMV: WALMEXV
Retail

Walmart de Mexico

Latin America's largest retailer, operating 4,079 stores across Mexico and five Central American countries under formats including Bodega Aurrera, Walmart Supercenter, and Sam's Club. FY2024 revenue reached MXN 958.5 billion, with Walmart Inc. holding a 71% ownership stake.

Equity Research BMV BMV: BOLSAA
Financial Institution

Bolsa Mexicana de Valores

Operator of Mexico's primary stock exchange, the second-largest in Latin America, alongside derivatives trading, clearing, custody, and market data services. Approximately 144 companies are listed, with total market capitalization exceeding US$530 billion.

Equity Research Volaris BMV: VOLAR*
Airline

Volaris

Mexico's largest airline by passengers and an ultra-low-cost carrier, holding a 42% share of the domestic market across 225+ routes. Operates a fleet of 155 Airbus A320 family aircraft serving Mexican cities and international destinations in the US, Central America, and South America.

Equity Research PINFRA BMV: PINFRA*
Infrastructure Concession

PINFRA

Mexico's second-largest toll road operator, holding 24 concession titles covering 26 active toll roads concentrated in central Mexico, including the Mexico-Toluca highway and elevated viaducts in Mexico City and Puebla. Also operates a multipurpose port terminal at Altamira and a construction segment.

Equity Research Nemak BMV: NEMAKA
Industrial / Auto Parts

Nemak

World's largest independent manufacturer of high-complexity aluminum automotive components, operating approximately 40 plants across 14 countries and supplying Ford, GM, Volkswagen, BMW, and Stellantis among others. Recently completed the acquisition of GF Casting Solutions, adding 9 plants to its e-mobility and structural portfolio.

Equity Research OMA BMV: OMAB
Airport Concession

OMA

Operator of 13 international airports across central and northern Mexico, with Monterrey International Airport as its anchor asset. Total passenger traffic reached 28.8 million in 2025, with strategic partner Vinci Concessions holding a stake since 2022.

Equity Research ASUR BMV: ASURB
Airport Concession

ASUR

Operator of 16 airports across three countries: 9 in southeastern Mexico anchored by Cancun, 6 in Colombia including Medellin's main international airport, and 1 in Puerto Rico. Total passenger traffic was approximately 71.6 million in 2025, making it the largest of Mexico's three airport groups by total passengers.

Equity Research FIBRA BMV: TBD
FIBRA / REIT

Mexico FIBRA

Industrial, commercial, or diversified FIBRA selected for portfolio quality, yield, and the absence of institutional-quality English-language coverage.

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