ValueScreener

ValueScreener company report

América Móvil, S.A.B. de C.V. (AMX)

NYSE / Communication Services / Telecommunications Services

Share price

22.43 USD Market dataClose of Oct 15, 2026

Market capitalisation

66.99B USD Market dataClose of Oct 15, 2026
Market data
Oct 15, 2026
Filed accounts
FY2024, filed May 14, 2025
Ratios computed
Oct 15, 2026
Filed years
9, FY2016 to FY2024
Four kinds of sourceSEC filingCompany statementMarket dataComputedWhat each means
SEC filingFiled with the SEC
Read from a statement the company filed with the SEC, with the form, fiscal year, filing date and accession beside it.
Company statementCompany statement
What the company says about itself in a filing: an 8-K item, the auditor, its own segment names.
Market dataMarket data
Prices, market value and what analysts publish, with the date they are as of.
ComputedComputed by ValueScreener
Worked out by us from the other three, with the inputs and the formula one press away. A score is a research output, not a rating or a recommendation.
Reading

1 of 10

Overview

What the business is, what it costs, and how it reads on four questions.

Market dataSEC filingComputed

Four questions, at a glance

Quality

Return on invested capital, after tax

7.1% Computed

From the FY2024 filing

Read quality

Valuation

Price to earnings

53.89x Computed

FY2024 accounts, priced at the latest close

Read valuation

Cash generation

Free cash flow yield

10.2% Computed

FY2024 accounts, priced at the latest close

Read cash generation

Revenue and net income, by fiscal year

FY2015 Revenue: 893.74B MXNFY2015 Net income: 35.05B MXNFY2016 Revenue: 975.41B MXNFY2016 Net income: 8.65B MXNFY2017 Revenue: 1.02T MXNFY2017 Net income: 29.33B MXNFY2018 Revenue: 1.04T MXNFY2018 Net income: 52.57B MXNFY2019 Revenue: 851.48B MXNFY2019 Net income: 67.73B MXNFY2020 Revenue: 815.40B MXNFY2020 Net income: 46.85B MXNFY2021 Revenue: 830.69B MXNFY2021 Net income: 192.42B MXNFY2022 Revenue: 844.50B MXNFY2022 Net income: 76.16B MXNFY2023 Revenue: 816.01B MXNFY2023 Net income: 76.11B MXNFY2024 Revenue: 869.22B MXNFY2024 Net income: 22.90B MXN
Revenue Net income10 fiscal years; a year whose statement names no SEC filing is market data, and the table in Filings says which.
Named tests met
2 of 30 Which tests
The business, and the score behind its five axes

The reading, in brief

Is it cheap

Price to earnings is 53.89x at the close of 2026-10-15 on FY2024 figures; the lines are 15.00x (Graham's defensive ceiling) and, by market convention, 10.00x, 25.00x and 40.00x, and this sits above the highest.

Today, against the Telecommunications Services industry (31 companies), 53.89x sits at the 94th percentile; the middle half of that group runs from 8.97x to 23.29x.

Is it good

Return on invested capital was 7.1% in FY2024, in the band labelled "Likely below the cost of capital" (below 8.0%), on lines anchored on Damodaran's cost-of-capital data, suggesting returns below the usual cost of the capital employed.

Today, against the Communication Services sector (85 companies), 7.1% sits at the 66th percentile; the middle half of that group runs from -2.0% to 8.8%.

Is it safe

Net debt to EBITDA was 2.16x in FY2024, in the band labelled "Moderate" (1.00x to 2.50x), on lines set by credit-analyst convention.

Year by year against peers
Whether América Móvil, S.A.B. de C.V.'s return on invested capital stayed above the median of the Communication Services sector, year by year. (FY2019 to FY2024, 6 fiscal years of América Móvil, S.A.B. de C.V. with a comparable figure)
The direction
Which way América Móvil, S.A.B. de C.V.'s return on equity has moved, and how steadily. (FY2015 to FY2024, 10 filed years of América Móvil, S.A.B. de C.V.)
What could explain it
What in América Móvil, S.A.B. de C.V.'s filed statements could explain the movements. (5 readings drawn from the statement lines América Móvil, S.A.B. de C.V. filed)
What to check next
What to check next on América Móvil, S.A.B. de C.V., and where in its filings. (6 questions for América Móvil, S.A.B. de C.V.)
In one paragraph
One paragraph on América Móvil, S.A.B. de C.V.'s returns, cash, balance sheet and price. (14 of sixteen figures read for América Móvil, S.A.B. de C.V.)

These are AMX’s filed figures. The research desk says what they mean, against peers and its own years, with what to check next.

Research AMXPart of Serious. New accounts start with 30 days of Professional, free, no card.

2 of 10

What changed

The newest filing, what it moved, and when the next one is due.

SEC filingCompany statement

The newest accounts on file are the FY2024 annual report: 20-F, filed May 14, 2025, accession 0001140361-25-018954.

3 of 10

Quality

The returns the business earns on its capital, and the margins behind them.

SEC filingComputed

América Móvil, S.A.B. de C.V: returns on capital and margins, each with its source
FigureValue, source and document
Return on invested capital, after tax7.1% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Return on equity6.2% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Return on capital employed, pre-tax13.9% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Return on assets1.3% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Gross margin61.9% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Operating margin20.7% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Net margin2.6% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
AMX 2.6%
CHTR 9.1%TU 5.4%SKM 7.0%CMCSA 16.2%VZ 12.4%
2.6%16.2%
Net margin: AMX against the 5 companies named under Valuation context, each as filed for its own latest year. Placement only: no average is drawn.

4 of 10

Financial strength

What it owes against what it owns, and whether it can meet what falls due.

SEC filingComputedCompany statement

América Móvil, S.A.B. de C.V: leverage, liquidity and distress, each with its source
FigureValue, source and document
Debt to equity2.12 ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Current ratio0.72 ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Quick ratio0.67 ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Interest coverage
Why n/a

No interest expense is filed for this year, so coverage is not computed.

n/a ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Altman Z-score1.67 ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Net debt744.04B ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Total assets 1.79TTotal liabilities 1.36TShareholders' equity 369.09BOwnsOwes, and equity
Total assets Total liabilities Shareholders’ equity
The balance sheet, line by line

Financial health

What América Móvil, S.A.B. de C.V owned and owed at the end of fiscal 2024, from the balance sheet it filed (20-F, filed May 14, 2025, 0001140361-25-018954).

América Móvil, S.A.B. de C.V: balance sheet position
Total assets1.79T FiledFY2024 20-F, filed May 14, 2025
Total liabilities1.36T FiledFY2024 20-F, filed May 14, 2025
Shareholders' equity369.09B FiledFY2024 20-F, filed May 14, 2025
Cash36.65B FiledFY2024 20-F, filed May 14, 2025
Total debt780.69B FiledFY2024 20-F, filed May 14, 2025
Net debt744.04B
Current ratio0.72
Debt to equity2.12
  • Interest cover: FY2024: No interest expense is filed for this year, so coverage is not computed.

Read from the filed balance sheet for each year, with the income statement of the same year supplying operating profit where a ratio needs it. Nothing here is a view on whether this company is sound.

5 of 10

Valuation context

What the market charges for it, against its own record and companies like it.

Market dataSEC filingComputed

América Móvil, S.A.B. de C.V: what the market charges, each with its source
FigureValue, source and document
Price to earnings53.89x ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
P/E on trailing twelve months
Why n/a

A trailing figure needs 4 filed quarters with the dates they were filed on, and we hold 0 for this company. Nothing is drawn rather than a line built from fewer.

n/a ComputedClose of Oct 15, 2026 · Trailing four quarters, each as known on the day; the quarterly filings are listed under Filings
Price to book3.34x ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Price to sales1.42x ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Enterprise value to EBIT10.98x ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Enterprise value to EBITDA5.75x ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Price to earnings over growth
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Diluted earnings per share
Why n/a

The FY2024 filing carries no diluted earnings per share we could read.

n/a FiledFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Graham number
Why n/a

We do not hold this figure for this company, so there is nothing to show.

n/a ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954

We publish no fair value or price target of our own. Value AMX on your own assumptions in the DCF workbench, starting from the filed figures.

Its own record, and companies like it

Valuation

What the market charges for América Móvil, S.A.B. de C.V today, and the multiples it has carried. No value of ours: the figures are the filings’ and the market’s.

América Móvil, S.A.B. de C.V: valuation
Share price22.43 USD
Market capitalisation66.99B USD
Enterprise value to EBITDA5.75x
Graham numbern/a
Diluted earnings per share, FY2015n/a

Price to earnings on trailing twelve months: A trailing figure needs 4 filed quarters with the dates they were filed on, and we hold 0 for this company. Nothing is drawn rather than a line built from fewer.

Companies like América Móvil, S.A.B. de C.V

  1. Charter Communications, Inc. (CHTR)Market cap 14.82B USD
  2. TELUS Corporation (TU)Market cap 13.18B USD
  3. SK Telecom Co.,Ltd (SKM)Market cap 12.60B USD
  4. Comcast Corporation (CMCSA)Market cap 77.05B USD
  5. Verizon Communications Inc. (VZ)Market cap 184.50B USD

Same industry (Telecommunications Services) and size band (Large, 10B to 200B), nearest in market value, net margin and current ratio. Each of those counts equally, by how many of the companies considered sit between the two on it. Closest first: the order is likeness and nothing else.

6 of 10

Cash generation

Whether profit arrives as cash, and what is paid back to shareholders.

SEC filingComputed

América Móvil, S.A.B. de C.V: cash generation and what is paid out, each with its source
FigureValue, source and document
Free cash flow yield10.2% ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Free cash flow126.26B MXN ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Free cash flow margin14.5% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Dividend yield
Why n/a

The newest cash flow statement on file ended more than fifteen months ago, so it says nothing about today's yield.

n/a ComputedClose of Oct 15, 2026 · FY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Payout ratio135.4% ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
FY2015 Free cash flow: 12.15B MXNFY2015 Net income: 35.05B MXNFY2016 Free cash flow: 97.09B MXNFY2016 Net income: 8.65B MXNFY2017 Free cash flow: 98.59B MXNFY2017 Net income: 29.33B MXNFY2018 Free cash flow: 104.44B MXNFY2018 Net income: 52.57B MXNFY2019 Free cash flow: 101.44B MXNFY2019 Net income: 67.73B MXNFY2020 Free cash flow: 175.33B MXNFY2020 Net income: 46.85B MXNFY2021 Free cash flow: 117.39B MXNFY2021 Net income: 192.42B MXNFY2022 Free cash flow: 79.09B MXNFY2022 Net income: 76.16B MXNFY2023 Free cash flow: 116.99B MXNFY2023 Net income: 76.11B MXNFY2024 Free cash flow: 126.26B MXNFY2024 Net income: 22.90B MXN
Free cash flow Net incomeProfit that arrives as cash stands level with net income; a gap year after year is worth reading about.

7 of 10

Filings

Every figure, the year it is for and the document it was read from.

SEC filingMarket data

The filed figures

Computed from the accounts this company filed with the SEC and, in a ratio with a price in it, the last close, dated on this page. Every filed figure below carries the fiscal year and the filing date its accounts were read from, and every blank carries the reason it is blank. Nothing here is a view on this company.

América Móvil, S.A.B. de C.V.: the eight ratios, with the fiscal year and filing date behind each.
FigureValueYearAs of
53.89xFY2024Oct 15, 2026
3.34xFY2024Oct 15, 2026
10.98xFY2024Oct 15, 2026
10.2%FY2024Oct 15, 2026
7.1%FY2024May 14, 2025
n/aFY2024Oct 15, 2026
n/a The newest cash flow statement on file ended more than fifteen months ago, so it says nothing about today's yield.
2.12FY2024May 14, 2025
0.72FY2024May 14, 2025
1.42xFY2024Oct 15, 2026
n/aFY2024Oct 15, 2026
n/a The filed income statement reports no earnings per share.
1.67FY2024Oct 15, 2026
-2.72FY2024May 14, 2025
5/9FY2024May 14, 2025

The figures are computed from the accounts for fiscal 2024, the newest full year on file. 9 filed fiscal years on record, FY2016 to FY2024, from SEC EDGAR. Prices as of Oct 15, 2026. Ratios recomputed Oct 15, 2026. Two facts, because a recompute is not a fresh quote.

The year and the filing date name the statement each figure’s accounts are read from, and they stand even where the figure itself could not be computed: the line beneath a blank says what that statement did not carry. A figure’s name opens its formula and the filings behind it; a statement that names no SEC filing has no filing date, and reads n/a.

Ten years of filed figures, year by year

Ten years of filed figures

10 fiscal years, FY2015 to FY2024. 9 read from the annual reports América Móvil, S.A.B. de C.V filed with the SEC, each naming its filing; the rest from statements that name none, which are market data. Amounts in MXN, as reported.

América Móvil, S.A.B. de C.V: revenue, earnings, free cash flow and returns, by fiscal year, with the filing each year was read from
YearRevenueOperating incomeNet incomeEPS, dilutedFree cash flowOperating marginReturn on equityFiling
FY2024869.22B180.10B22.90Bn/a126.26B20.7%6.2%20-F, May 14, 20250001140361-25-018954
FY2023816.01B167.78B76.11Bn/a116.99B20.6%20.8%20-F, Apr 30, 20240001193125-24-123257
FY2022844.50B170.87B76.16Bn/a79.09B20.2%20.4%20-F, May 1, 20230001193125-23-129777
FY2021830.69B167.56B192.42Bn/a117.39B20.2%49.4%20-F, Apr 29, 20220001193125-22-133020
FY2020815.40B148.81B46.85Bn/a175.33B18.3%18.7%20-F, Apr 29, 20210001193125-21-137773
FY2019851.48B143.80B67.73Bn/a101.44B16.9%38.1%20-F, Apr 30, 20200001193125-20-127000
FY20181.04T139.56B52.57Bn/a104.44B13.4%26.8%20-F, Apr 12, 20190001193125-19-104076
FY20171.02T100.14B29.33Bn/a98.59B9.8%15.1%20-F, Apr 26, 20180001193125-18-135124
FY2016975.41B109.61B8.65Bn/a97.09B11.2%4.1%20-F, Apr 26, 20180001193125-18-135124
FY2015893.74B141.41B35.05B10.4012.15B15.8%31.2%Market data, supplied Oct 15, 2026accession n/a
  • Revenue, compound annual growth FY2015 to FY2024: -0.3%
  • Earnings, compound annual growth FY2015 to FY2024: -4.6%
  • Earnings per share: Fewer than two filed years carry earnings per share.
  • Free cash flow, compound annual growth FY2015 to FY2024: 29.7%

Every figure in this section is a line of a filed annual statement or a ratio of two of them. Nothing here is estimated or smoothed. Earnings per share filed before a share split are put on today's share count, and say so. Nothing here is a verdict on the company.

8 of 10

Risks and guardrails

The accounting screens, the published tests, and the lines you can set to be told.

ComputedCompany statement

América Móvil, S.A.B. de C.V: accounting screens and published tests, each with its source
FigureValue, source and document
Beneish M-score-2.72 ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Piotroski F-score5/9 ComputedFY2024 20-F, filed May 14, 2025, 0001140361-25-018954
Named tests met2 of 30 Computed
Beta0.21 ComputedClose of Oct 15, 2026

The named tests

Of 30 tests value investors published: 2 met, 26 not met, 2 we could not complete. Counts, never a score: a single figure would have to decide that meeting one investor’s criteria and meeting another’s are worth the same.

Which tests, by name(all 30)
Meets
ROIC at or above WACC; Cash-covered dividend
Does not
Defensive investor (Benjamin Graham); Deep value; Large cap, low P/E; Earnings yield and ROIC (Joel Greenblatt); High F-score, low P/B (Joseph Piotroski); Three forensic scores; Low PEG, low debt (Peter Lynch); High returns and growth; Gross margin, turnover (Robert Novy-Marx); EV/EBITDA and coverage; High yield, low payout; Low beta, profitable; Near the 52-week low; Z-score and coverage (Edward Altman); Two thirds of NCAV (Benjamin Graham); High returns, low debt; Owner earnings yield; High return on tangibles; Low P/S, rising earnings (James O'Shaughnessy); Book or below, low debt (Walter Schloss); Tangible book or below; Cash-flow yield and ROIC; Clean books, high ROIC; Cheapest quarter on P/E (David Dreman); Cheapest quarter on P/B (David Dreman); Low P/E, growth, yield (John Neff)
Not measured
Dividends and buybacks; P/E times P/B (Benjamin Graham). A test with a figure we could not read is incomplete, never met and never failed.
Figures we could not read(7)
  • Positive Earnings Streak: The latest filed year has no per-share earnings we can read; the test needs 10.
  • PEG Ratio: We do not hold this figure for this company, so there is nothing to show.
  • Eps Growth 5Y: We do not hold this figure for this company, so there is nothing to show.
  • Interest Coverage: No interest expense is filed for this year, so coverage is not computed.
  • Dividend Yield: The newest cash flow statement on file ended more than fifteen months ago, so it says nothing about today's yield.
  • Share Count Change Yoy: We do not hold this figure for this company, so there is nothing to show.
  • Price To Graham: We do not hold this figure for this company, so there is nothing to show.

9 of 10

Declared positions

Whether anybody here owns this company.

Positions declared by the founder: no holding in any company shown here, as of October 3, 2026.

10 of 10

Next step

What to do with what you have read.

A thesis is your reason for owning it, in your words, with the figures that must stay true. Checking those figures every night against the newest filed accounts, and telling you once when one breaks, is what the subscription adds.

More on this company

What this cannot tell you

  • 7 figures could not be read on this company, among them Positive Earnings Streak, PEG Ratio, Eps Growth 5Y. Each blank in the table above names the rest, with its reason. 2 named tests come back incomplete because of them, which is neither met nor missed.
  • We hold 9 filed fiscal years rather than 10, so the run above is shorter than a full decade and is counted as what it is.

And the one that is true of all of it: This is what the numbers say today. It cannot tell you the day one of them stops being true. Nothing here can, because the reasons are not written down.

Running this once is arithmetic on public documents and you are welcome to it. Writing down why you own each company, in your own words and with the numbers that have to stay true for it to hold, and then having those numbers re-checked every night against the newest filed accounts, and against the latest close where a rule watches a price, is Professional, the plan a new account starts on for 30 days, one trial per person. It writes to you the day one breaks, and stays quiet when nothing does. The check runs every night at 23:30 UTC. A filing is picked up the night after it is published.

No card. 30 free days, and nothing is charged unless you choose a plan.

Analyze your own portfolio

ValueScreener · valuescreener.ai · Computed from accounts filed with the SEC by this company, read from EDGAR, and from dated closing prices. On this page a filed figure opens into its formula, its inputs and the statement, fiscal year and filing date it was read from, and a price into the day of its close. A figure that cannot show that trail says so.

A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.

Once a week, what changed in the filings of US-listed companies, why it can matter to a thesis, and what deserves a closer review. Grounded in filings, not market noise.

Site map
  • Android app coming soon
  • iPhone app coming soon
ValueScreener

Discover companies, research each one to its filings, track what matters, and take your work into your own spreadsheet.

ValueScreener is a trading name of Oliva Real Estate Technologies LLC, a Delaware limited liability company. Legal notices: legal@valuescreener.ai. © 2026 Oliva Real Estate Technologies LLC. All rights reserved.

Risk disclaimer. This service is provided for research and education only. Nothing on it is investment advice, a recommendation, or an offer to buy or sell any security. Capital is at risk, and past performance does not indicate future results. Figures come from filed accounts and may be incomplete, delayed or later restated, so verify a number against the filing before you act on it.