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INVEX Controladora, S.A. (INVEXA) Fair Value & Analysis

Financial Services · MX · Market cap 16.3B MXN

IC INVEX Controladora, S.A. INVEXA · MX
Price100.00 MXN
Fair Value147.87 MXN
Upside+47.9%
Quality43/100
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Expensive Growth
Highly profitable · 31.1% net margin
Low debt · negative free cash flow
0.62% dividend yield
Mixed vs. peers (7/13)
Wide moat 66/100
Evidence: High Range 110.91 MXN – 184.84 MXN Share as image

Fair value as of: Jul 20, 2026

From 9 valuation models · updated 21 days ago

Below-average quality, screening 48% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (43/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (110.91 MXN). The market is more pessimistic than our downside scenario.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

100.00 MXN 65.53 MXN Fair Value 147.87 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 65.53 MXN – 100.00 MXN · fair‑value band 110.91 MXN – 184.84 MXN · the 100.00 MXN price screens below the 147.87 MXN fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

INVEX Controladora, S.A. (INVEXA) currently trades at 100.00 MXN, while our model-based Fair Value estimate is 147.87 MXN, implying the stock looks roughly 47.9% undervalued today. The Quality Score stands at 43/100 (below-average quality), in the Financial Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, INVEX Controladora, S.A. generated revenue of 10.7B MXN at a net margin of 31.1%. Revenue grew 14.6% year over year. It earns a return on equity of 19.3%. Net debt stands at 10.4B MXN. Fundamentals as of Jul 20, 2026

Our scenario range runs from 110.91 MXN (bear case) to 184.84 MXN (bull case); at 100.00 MXN, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 14% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at 11% fair-value upside, at 48%, INVEXA screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 148.22 MXN 212.33 MXN 1,270 MXN 76
Gordon GGM 5.22 MXN 10.84 MXN 17.20 MXN 70
P/E Multiple 209.80 MXN 279.73 MXN 349.66 MXN 63
All 9 models by family
DCF Models
Owner Earnings 166.39 MXN 339.34 MXN 685.63 MXN 31
Earnings-Based
Graham-Dodd 146.32 MXN 931.64 MXN 1,302 MXN 54
Lynch FV 269.47 MXN 384.95 MXN 500.44 MXN 50
Dividend Discount
Gordon GGM 5.22 MXN 10.84 MXN 17.20 MXN 70
DDM Multi-Stage 5.22 MXN 9.14 MXN 11.38 MXN 61
Multiples
P/E Multiple 209.80 MXN 279.73 MXN 349.66 MXN 63
P/B Multiple 110.91 MXN 147.87 MXN 184.84 MXN 55
Asset-Based
NCAV (Graham) 52.81 MXN 70.77 MXN 105.62 MXN 50
Economic Profit
Residual Income 148.22 MXN 212.33 MXN 1,270 MXN 76

Widest divergence: Earnings-Based (384.95 MXN) versus Dividend Discount (9.14 MXN). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 10.7B MXN
Revenue growth (YoY) +14.6%
Net margin 31.1%
Return on equity 19.3%
Free cash flow −169M MXN FY2025
P/E ratio 5.7
More key figures
Operating margin 19.3%
EPS (TTM) 17.52 MXN
Dividend yield 0.6%
EPS growth (YoY) -4.9%
Net debt 10.4B MXN FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 36 · Market factors (momentum, volatility) 71

Profitability 37
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 10
Balance sheet, leverage, solvency risk
Investment 41
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 49
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

INVEX Controladora, S.A.B. de C.V. provides financial products in Mexico and internationally. The company offers financial operations, commercial banking services, and securities market intermediation, as well as non-financial operations, such as the supply of electricity, infrastructure services, and financial advisory services.

Full company description

INVEX Controladora, S.A.B. de C.V. provides financial products in Mexico and internationally. The company offers financial operations, commercial banking services, and securities market intermediation, as well as non-financial operations, such as the supply of electricity, infrastructure services, and financial advisory services. It also involved in provision of financial services as a credit institution, brokerage, and investment activities, as well as administrative services; granting and receiving lease and loans; and acquisition, possession, exchange, transfer, and encumbrance of various movable and immovable property; intermediation in the securities market. In addition, the company engages in the formation, organization, promotion, and administration of commercial or civil companies for participation in the hydrocarbon and electric power sectors. The company was founded in 1991 and is based in Mexico City, Mexico.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

INVEX Controladora, S.A. reported revenue of 16.7B MXN in FY2025 versus 5.6B MXN in FY2021, a compound +31.4%/yr. Reported net income was 3.5B MXN in FY2025, compounding +30.3%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
16.7B MXN
Latest YoY
+42.4%
Avg. growth/yr (3Y)
+34.7%
Avg. growth/yr (5Y)
+26.5%
Avg. growth/yr (25Y)
+8.7%
Revenue +31.4%/yr
FY21 5.6B MXN
FY22 6.8B MXN
FY23 8.4B MXN
FY24 11.7B MXN
FY25 16.7B MXN
Net income +30.3%/yr
FY21 1.2B MXN
FY22 1.4B MXN
FY23 1.0B MXN
FY24 1.9B MXN
FY25 3.5B MXN

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Cite: Fair Value Calculator (2026). "INVEX Controladora, S.A. Fair Value". https://www.fairvalue-calculator.com/stock/INVEXA

Peer Group

Capital Markets · 425 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Below median
Fair Value upside +48% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 2% · Above median
Net margin (TTM) 31% · Above median
Operating margin (TTM) 19% · Below median
Revenue growth 15% · Below median
Dividend yield (TTM) 0.6% · Below median
Debt / equity 0.24× · Higher than median

Valuation Multiples vs Capital Markets median · lower = cheaper

P/E (TTM) 5.7× · Cheaper than 75% of peers
P/B 0.95× · Cheaper than median
P/S (TTM) 1.52× · Cheaper than median
PEG 1.44× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 97 · sector 9
FUTURE 73 · sector 96
PAST 77 · sector 30
HEALTH 88 · sector 93
DIVIDEND 12 · sector 36

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Capital Markets stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Huatai Securities Co HTSC $0.2700 $0.0400 -85%
Mirae Asset Securities Co 006800 38,750 KRW 31,645 KRW -18%
Meritz Financial Group 138040 117,000 KRW 87,706 KRW -25%
Korea Investment Holdings 071050 239,000 KRW 318,825 KRW +33%
NH Investment & Securities Co 005940 31,000 KRW 37,133 KRW +20%
Samsung Securities Co 016360 107,700 KRW 126,487 KRW +17%
Motilal Oswal Financial Services Limited MOTILALOFS ₹967.00 ₹299.65 -69%
Kiwoom Securities Co 039490 322,000 KRW 358,091 KRW +11%
SSI Securities Corporation SSI 24,250 VND 28,021 VND +16%
Bolsas y Mercados Argentinos S.A BYMA 313.75 ARS 120.22 ARS -62%

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Frequently asked questions

Is INVEX Controladora, S.A. (INVEXA) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 147.87 MXN versus a price of 100.00 MXN, about +48% (undervalued).
What is the fair value of INVEXA?
Our model-based fair value for INVEX Controladora, S.A. is 147.87 MXN (as of Jul 20, 2026), built from audited fundamentals. The current price is 100.00 MXN.
What is the quality score of INVEXA?
INVEX Controladora, S.A. has a Quality Score of 43/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of INVEX Controladora, S.A. (INVEXA)?
INVEX Controladora, S.A. reported trailing-twelve-month revenue of about 10.7B MXN (latest available figure, as of Jul 20, 2026).
What is the net profit margin of INVEXA?
The net profit margin of INVEX Controladora, S.A. is about 31.1%, meaning it keeps roughly 31.1% of revenue as net income. Based on the latest reported figures.
Does INVEX Controladora, S.A. pay a dividend?
INVEX Controladora, S.A. currently shows a dividend yield of about 0.62% relative to its recent price (as of Jul 20, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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