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Nemak, S. A. B. de C. V., (NEMAKA) Fair Value & Analysis

Consumer Cyclical · MX · Market cap 9.0B MXN

NS Nemak, S. A. B. de C. V., NEMAKA · MX
Price3.13 MXN
Fair Value1.38 MXN
Upside-55.9%
Quality41/100
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Mixed Growth
Loss-making · -1.5% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 23/100
Evidence: High Range 0.8200 MXN – 1.96 MXN Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated yesterday

Fair value updated Aug 13, 2026, revised from 0.6900 MXN to 1.38 MXN (+100.0%) since Jul 14, 2026. Share price −7.9% over the past month.

Below-average quality, and screening another 56% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.96 MXN). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (0.8200 MXN to 1.96 MXN) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

7.59 MXN 1.66 MXN Fair Value 1.38 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1.66 MXN – 7.59 MXN · fair‑value band 0.8200 MXN – 1.96 MXN · the 3.13 MXN price screens above the 1.38 MXN fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Nemak, S. A. B. de C. V., (NEMAKA) currently trades at 3.13 MXN, while our model-based Fair Value estimate is 1.38 MXN, implying the stock looks roughly 55.9% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Nemak, S. A. B. de C. V., generated revenue of 5.1B MXN at a net margin of -1.5%. Revenue grew 15.3% year over year. It earns a return on equity of -4.7%. Net debt stands at 1.3B MXN. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.8200 MXN (bear case) to 1.96 MXN (bull case); at 3.13 MXN, the current price sits above 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 about 29% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at -56%, NEMAKA screens richer 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 Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF 1.42 MXN 3.08 MXN 5.76 MXN 80
Rev-Margin DCF 0.6900 MXN 1.39 MXN 2.87 MXN 74
ROIC Compounder 0.0500 MXN 0.1300 MXN 0.2000 MXN 72
All 13 models by family
DCF Models
FCF DCF 1.54 MXN 2.60 MXN 5.90 MXN 38
5Y Revenue Exit 0.5900 MXN 1.16 MXN 2.33 MXN 39
5Y EBITDA Exit 1.47 MXN 2.94 MXN 5.82 MXN 41
10Y Revenue Exit 0.8700 MXN 2.00 MXN 2.59 MXN 36
10Y EBITDA Exit 1.52 MXN 3.85 MXN 7.90 MXN 37
Earnings-Based
EPV 0.0500 MXN 0.1300 MXN 0.2000 MXN 59
Multiples
EV/EBIT 0.4300 MXN 0.7200 MXN 1.00 MXN 53
EV/EBITDA 1.39 MXN 1.99 MXN 2.60 MXN 54
EV/Revenue 0.1500 MXN 0.4000 MXN 0.6500 MXN 43
Asset-Based
NCAV (Graham) 0.2900 MXN 0.3900 MXN 0.5800 MXN 50
Growth DCF
Growth DCF 1.42 MXN 3.08 MXN 5.76 MXN 80
Rev-Margin DCF 0.6900 MXN 1.39 MXN 2.87 MXN 74
Economic Profit
ROIC Compounder 0.0500 MXN 0.1300 MXN 0.2000 MXN 72

Widest divergence: DCF Models (2.60 MXN) versus Earnings-Based (0.1300 MXN). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 5.1B MXN
Revenue growth (YoY) +15.3%
Net margin -1.5%
Return on equity -4.7%
Free cash flow 354M MXN FY2025
Operating margin 1.3%
More key figures
EPS (TTM) -0.4800 MXN
EPS growth (YoY) +372%
Net debt 1.3B MXN FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 43 · Market factors (momentum, volatility) 45

Profitability 19
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 41
Earnings quality: real cash, not paper profit
Fin. Strength 41
Balance sheet, leverage, solvency risk
Investment 26
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 19
Distance to the 52-week high (market factor)
Net Issuance 100
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

Nemak, S. A. B. de C. V., together with its subsidiaries, develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally.

Full company description

Nemak, S. A. B. de C. V., together with its subsidiaries, develops, manufactures, and sells aluminum components for e-mobility, structure and chassis, and ICE powertrain applications to the automotive industry in North America, Europe, and internationally. The company provides ICE powertrain components, such as cylinder heads, engine blocks, oil pans, and transmission cases; and vehicle structures and chassis products, including lift gates, longitudinal members, support brackets, A-pillars, cradles, e-brackets, shock towers, and subframes. It also offers e-mobility components comprising e-motor, and battery housings for hybrid and electric vehicles. The company was formerly known as Tenedora Nemak, S. A. de C. V. and changed its name to Nemak, S. A. B. de C. V. in June 2015. The company was incorporated in 1979 and is headquartered in García, Mexico.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Nemak, S. A. B. de C. V., reported revenue of 4.9B MXN in FY2025 versus 185M MXN in FY2021, a compound +127.3%/yr. Reported net income was −116M MXN in FY2025.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.9B MXN
Latest YoY
+0.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+174.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+96.7%
Avg. growth/yr (23Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.2%
Revenue +127.3%/yr
FY21 185M MXN
FY22 238M MXN
FY23 3.8B MXN
FY24 4.9B MXN
FY25 4.9B MXN
Net income
FY21 257K MXN
FY22 2.6M MXN
FY23 13.1M MXN
FY24 25.1M MXN
FY25 −116M MXN
Character of growth · EPS growth decomposed (2013-2024) −2.8 % p.a.
Revenue per share +28.3 pp

of which total revenue +29.5 pp · buybacks/dilution −1.1 pp

EBIT margin −11.0 pp
Tax rate +0.0 pp
Residual (interest, one-offs) −20.0 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

NEMAKA screens 56% overvalued. Compare with Hyundai Mobis Co →

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Cite: Fair Value Calculator (2026). "Nemak, S. A. B. de C. V., Fair Value". https://www.fairvalue-calculator.com/stock/NEMAKA

Peer Group

Auto Parts · 642 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 41 · Bottom 25%
Fair Value upside −56% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 1% · Bottom 25%
Revenue growth 15% · Above median
Debt / equity 1.04× · Higher than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/B 0.32× · Cheaper than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 1.5× · Cheaper than median
EV/EBITDA 3.6× · Cheaper than 75% of peers
PEG 0.74× · Cheaper 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 0 · sector 16
FUTURE 77 · sector 23
PAST 0 · sector 26
HEALTH 48 · sector 95
DIVIDEND 0 · sector 31

VALUE 0: the price sits above our fair-value range.

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 Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Hyundai Mobis Co 012330 511,000 KRW 643,909 KRW +26%
Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.50 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹46,750 ₹13,061 -72%
Bharat Forge Limited BHARATFORG ₹2,082 ₹393.20 -81%
Uno Minda Limited UNOMINDA ₹1,232 ₹426.57 -65%
Schaeffler India Limited SCHAEFFLER ₹4,126 ₹1,412 -66%
Hankook Tire & Technology Co 161390 71,500 KRW 196,479 KRW +175%
Sona BLW Precision Forgings Limited SONACOMS ₹799.90 ₹207.06 -74%
Balkrishna Industries Limited BALKRISIND ₹2,497 ₹1,211 -51%

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Frequently asked questions

Is Nemak, S. A. B. de C. V., (NEMAKA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.38 MXN versus a price of 3.13 MXN, about −56% (overvalued).
What is the fair value of NEMAKA?
Our model-based fair value for Nemak, S. A. B. de C. V., is 1.38 MXN (as of Aug 13, 2026), built from audited fundamentals. The current price is 3.13 MXN.
What is the quality score of NEMAKA?
Nemak, S. A. B. de C. V., has a Quality Score of 41/100. 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 Nemak, S. A. B. de C. V., (NEMAKA)?
Nemak, S. A. B. de C. V., reported trailing-twelve-month revenue of about 5.1B MXN (latest available figure, as of Aug 13, 2026).
What is the net profit margin of NEMAKA?
The net profit margin of Nemak, S. A. B. de C. V., is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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