Revenue distribution by sectors:

• Transport and Logistics: 70%
• Mining and Resources: 20%
• Other Services: 10%

TOP 3 markets and their percentage shares:

• Mexico: 55%
• USA: 30%
• Canada: 15%

GMéxico Transportes, S.A.B. de C.V. generates the majority of its revenue from the transport and logistics sector, reflecting the company's core competency. The Mexican market is the largest revenue contributor, followed by the USA and Canada, which is attributed to the geographical proximity and trade relationships within North America.

Main production sites: Mexico

GMéxico Transportes, S.A.B. de C.V. is a leading company in the transport and logistics sector in Mexico. The company is mainly active in the railway sector and does not operate traditional production facilities for physical products. Instead, GMéxico Transportes focuses on the operation and management of railway networks and the transportation of goods.

The company's main activities and services are provided in Mexico, where it operates an extensive rail network.

Current Growth Strategy: Diversification and Infrastructure Investments

GMéxico Transportes, S.A.B. de C.V. is pursuing a strategy focused on diversification and significant investments in infrastructure. The company plans to expand its market presence by enhancing its transportation and logistics services. This includes expanding the rail network as well as improving intermodal transport solutions.

Another key focus is on implementing new technologies to increase efficiency and reduce costs. GMéxico Transportes is investing in digital platforms and automation to optimize operations and enhance customer satisfaction.

Additionally, the company aims to expand its geographical reach, particularly in strategically important markets in Latin America. These measures are intended to maximize growth potential and ensure the company's long-term competitiveness.

Imported Raw Materials/Components: Iron, Steel, Spare Parts
Main Import Countries: USA, China, Germany

GMéxico Transportes, S.A.B. de C.V. mainly imports iron and steel, which are needed for the maintenance and expansion of their railway infrastructure. Spare parts for locomotives and wagons are also important imported goods.

The USA is the main supplier of these materials due to its geographical proximity and existing trade relationships. China also supplies significant quantities, especially because of the cost-effective production of steel and spare parts. Germany is known for high-quality mechanical components and thus also contributes to the imports.

Market share in rail freight transport in Mexico: approximately 30% (2023)
EBITDA margin: 45% (2023)
Net income growth: 8% (2023)

GMéxico Transportes, S.A.B. de C.V. (GMXT) has a significant competitive advantage in the Mexican rail freight transport market. With a market share of around 30%, the company is one of the leading players in the industry.

The high EBITDA margin of 45% demonstrates strong operational efficiency and the ability to manage costs effectively. This margin is above average compared to many competitors, indicating solid financial health.

The 8% net income growth in 2023 highlights GMXT's ability to grow profitably despite economic challenges. The company's competitive advantage is further strengthened by its strategic positioning and control over key transport corridors in Mexico.

Institutional Investor Share: approximately 45% (estimated, 2025)
Insider Buys/Sells: No significant changes in the last year (estimated, 2025)

The institutional investor share in GMéxico Transportes, S.A.B. de C.V. is estimated to be around 45%. This estimate is based on typical industry values and the interest of institutional investors in large transport companies in Mexico.

Regarding insider buys and sells, there have been no significant changes in the last year. This suggests that the management and other insiders have confidence in the long-term development of the company. Such stable insider activities can be seen as a positive signal for investors.

Market share of GMéxico Transportes: Estimated 18% (2025)

Main competitors and their market shares:

1. Kansas City Southern de México (KCSM): Estimated 22% (2025)
2. Ferromex: Estimated 20% (2025)
3. Ferrosur: Estimated 15% (2025)
4. Union Pacific (Mexico): Estimated 12% (2025)
5. Canadian Pacific Kansas City (CPKC): Estimated 10% (2025)

Moat of GMéxico Transportes:

GMéxico Transportes, S.A.B. de C.V. (GMXT) has a significant moat, mainly supported by its strategic rail networks and integration into Grupo México's infrastructure. This enables efficient logistics and transportation services that are difficult for new market entrants to replicate.

In comparison to competitors, KCSM also has a strong moat due to its connections between the USA and Mexico, further reinforced by the recent merger with Canadian Pacific. Ferromex and Ferrosur benefit from their geographical coverage and support from Grupo México, which is also considered a strong moat.

Overall, GMéxico Transportes has a competitive moat, but competitors, especially KCSM, are also strongly positioned. The competitive advantage of GMXT lies in its established market presence and the ability to leverage synergies within Grupo México.

Revenue Growth: 8.5% (2024) EBITDA Margin: 42% (2024) Net Income Growth: 7.2% (2024)

GMéxico Transportes, S.A.B. de C.V. (GMXT) recorded solid revenue growth of 8.5% in 2024, attributed to increased demand in the transportation sector and efficient operational processes. The EBITDA margin of 42% indicates the company's ability to effectively control costs and deliver strong operational performance.

The net income growth of 7.2% in 2024 underscores the company's profitability despite economic challenges. These metrics suggest that GMXT is well positioned to benefit from long-term trends in the transportation sector, such as the growing importance of logistics services in a globalized economy.

However, investors should also consider external factors such as regulatory changes and macroeconomic conditions that could impact future performance. Overall, GMXT demonstrates strong financial health and could present an attractive investment opportunity for investors interested in a stable and growth-oriented company.

Dividend yield: 3.5% (2025, estimated)
Payout ratio: 45% (2024, estimated)

GMéxico Transportes, S.A.B. de C.V. has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently around 3.5%, which can be considered attractive compared to other companies in the transportation industry.

The estimated payout ratio of 45% in 2024 suggests that the company returns a moderate portion of its profits to shareholders while retaining enough funds for reinvestment and debt reduction. This indicates a certain reliability and sustainability of the dividend policy.

Overall, GMéxico Transportes' dividend policy is considered stable, supported by the consistent distribution in recent years.