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Fomento Económico Mexicano, S.A.B. de C.V. (FMX)

119.69 +0.62 (+0.52%)
At close: April 19 at 4:00 PM EDT
119.69 0.00 (0.00%)
After hours: April 19 at 6:21 PM EDT
Loading Chart for FMX
DELL
  • Previous Close 119.07
  • Open 119.37
  • Bid --
  • Ask --
  • Day's Range 118.83 - 120.77
  • 52 Week Range 91.71 - 143.43
  • Volume 1,744,999
  • Avg. Volume 695,901
  • Market Cap (intraday) 214.139B
  • Beta (5Y Monthly) 0.38
  • PE Ratio (TTM) 106.87
  • EPS (TTM) 1.12
  • Earnings Date --
  • Forward Dividend & Yield 2.17 (1.83%)
  • Ex-Dividend Date Apr 16, 2024
  • 1y Target Est 139.69

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a bottler of Coca-Cola trademark beverages. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, and Brazil under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon names. In addition, the company is involved in the production and distribution of collers, commercial refrigeration equipment, plastic boxes, food processing, and preservation and weighing equipment; and provision of logistic transportation, distribution and maintenance, point-of-sale refrigeration, and plastics solutions, as well as distribution platform for cleaning products and consumables. Further, it operates small-box retail and food convenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.–) names, as well as pretzels under the Ditsch name. The company was founded in 1890 and is based in Monterrey, Mexico.

www.femsa.com

350,000

Full Time Employees

December 31

Fiscal Year Ends

Recent News: FMX

Performance Overview: FMX

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

FMX
7.33%
S&P/BMV IPC
2.65%

1-Year Return

FMX
32.38%
S&P/BMV IPC
2.72%

3-Year Return

FMX
59.81%
S&P/BMV IPC
14.64%

5-Year Return

FMX
38.85%
S&P/BMV IPC
22.71%

Compare To: FMX

Select to analyze similar companies using key performance metrics; select up to 4 stocks.

Statistics: FMX

Valuation Measures

As of 4/19/2024
  • Market Cap

    214.14B

  • Enterprise Value

    215.03B

  • Trailing P/E

    106.51

  • Forward P/E

    6.90

  • PEG Ratio (5yr expected)

    0.38

  • Price/Sales (ttm)

    5.18

  • Price/Book (mrq)

    9.59

  • Enterprise Value/Revenue

    0.31

  • Enterprise Value/EBITDA

    2.90

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    9.35%

  • Return on Assets (ttm)

    4.29%

  • Return on Equity (ttm)

    12.41%

  • Revenue (ttm)

    702.69B

  • Net Income Avi to Common (ttm)

    33.45B

  • Diluted EPS (ttm)

    1.12

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    191.84B

  • Total Debt/Equity (mrq)

    61.55%

  • Levered Free Cash Flow (ttm)

    15.49B

Research Analysis: FMX

Analyst Price Targets

112.00 Low
139.69 Average
119.69 Current
160.00 High
 

Fair Value

Near Fair Value
% Return
119.69 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: FMX

  • Analyst Report: Fomento Económico Mexicano, S.A.B. de C.V.

    Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

    Rating
    Bearish
    Price Target
     
  • Analyst Report: Fomento Económico Mexicano, S.A.B. de C.V.

    Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

    Rating
    Bearish
    Price Target
     
  • Analyst Report: Fomento Económico Mexicano, S.A.B. de C.V.

    Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm is in the process of divesting its 15% stake in Heineken and distribution business, Envoy Solutions. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

    Rating
    Bearish
    Price Target
     
  • Analyst Report: Fomento Económico Mexicano, S.A.B. de C.V.

    Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm is in the process of divesting its 15% stake in Heineken and distribution business, Envoy Solutions. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.

    Rating
    Neutral
    Price Target
     

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