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Holmes Osborne, CFA
Holmes Osborne, CFA
Articles (247)  | Author's Website |

Walmart de Mexico Growing Despite Bribery Charges

Walmex plans on doubling sales over the next 10 years, but charges haunt the company

September 22, 2016 | About:

Walmart de Mexico (WMMVF) has been putting up phenomenal growth numbers for years. The company has no debt, and the stock trades at a reasonable level. The only question is if fallout from bribery charges will affect growth.

There are 17.46 billion shares, and the market cap is 750 billion pesos ($37.9 billion). It takes 37.9 pesos to buy one dollar. The dividend is 1.62 pesos, and the stock yields 3.78%. Earnings were 1.56 pesos, and the price-earnings (P/E) ratio is 27.49.

It

About the author:

Holmes Osborne, CFA
Holmes Osborne is principal of Osborne Global Investors.

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