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Fomento Económico Mexicano, S.A.B. de C.V. FMX
Consumer Defensive - Beverages - Alcoholic - NYSE - MX
Watchlist
$ 82.5
1.39 %
$ 17 B
Market Cap
41.46
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one FMX stock under the worst case scenario is HIDDEN Compared to the current market price of 82.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

FMX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one FMX stock under the base case scenario is HIDDEN Compared to the current market price of 82.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

FMX Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on Jan, 19, 2025.

The intrinsic value of one FMX stock under the best case scenario is HIDDEN Compared to the current market price of 82.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

FMX Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart FMX

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1M -6%
6M -39%
1Y -58.0%
3Y 7.0%
5Y -2%
All
FINANCIALS
703 B REVENUE
4.38%
Growth Rates
1Year 4.38%
3Years 12.54%
5Years 8.39%
7Years 8.40%
10Years 10.53%
57.9 B OPERATING INCOME
84.40%
Growth Rates
1Year 84.40%
3Years 93.26%
5Years 5.54%
7Years 6.43%
10Years 6.84%
89.6 B NET INCOME
82.44%
Growth Rates
1Year 82.44%
3Years 68.99%
5Years 17.59%
7Years 14.35%
10Years 11.60%
49.7 B OPERATING CASH FLOW
-31.55%
Growth Rates
1Year -31.55%
3Years -2.24%
5Years 0.94%
7Years -0.13%
10Years 5.62%
132 B INVESTING CASH FLOW
384.92%
Growth Rates
1Year 384.92%
3Years 83.88%
5Years 33.84%
7Years 27.32%
10Years 15.96%
-92.6 B FINANCING CASH FLOW
-157.82%
Growth Rates
1Year -157.82%
3Years -78.92%
5Years -32.10%
7Years -84.35%
10Years -18.58%
197 B REVENUE
-0.99%
Growth Rates
1Year 4.38%
3Years 12.54%
5Years 8.39%
7Years 8.40%
10Years 10.53%
17.4 B OPERATING INCOME
-1.43%
Growth Rates
1Year 84.40%
3Years 93.26%
5Years 5.54%
7Years 6.43%
10Years 6.84%
12.6 B NET INCOME
346.41%
Growth Rates
1Year 82.44%
3Years 68.99%
5Years 17.59%
7Years 14.35%
10Years 11.60%
18.2 B OPERATING CASH FLOW
12.16%
Growth Rates
1Year -31.55%
3Years -2.24%
5Years 0.94%
7Years -0.13%
10Years 5.62%
-11.8 B INVESTING CASH FLOW
48.30%
Growth Rates
1Year 384.92%
3Years 83.88%
5Years 33.84%
7Years 27.32%
10Years 15.96%
-32 B FINANCING CASH FLOW
-112.42%
Growth Rates
1Year -157.82%
3Years -78.92%
5Years -32.10%
7Years -84.35%
10Years -18.58%
Balance Sheet Fomento Económico Mexicano, S.A.B. de C.V.
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Current Assets 356 B
Cash & Short-Term Investments 192 B
Receivables 38.9 B
Other Current Assets 125 B
Non-Current Assets 450 B
Long-Term Investments 35.3 B
PP&E 229 B
Other Non-Current Assets 185 B
Current Liabilities 182 B
Accounts Payable 81.5 B
Short-Term Debt 20.7 B
Other Current Liabilities 80.2 B
Non-Current Liabilities 245 B
Long-Term Debt 212 B
Other Non-Current Liabilities 32.9 B
EFFICIENCY
Earnings Waterfall Fomento Económico Mexicano, S.A.B. de C.V.
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Revenue 703 B
Cost Of Revenue 423 B
Gross Profit 280 B
Operating Expenses 222 B
Operating Income 57.9 B
Other Expenses -31.8 B
Net Income 89.6 B
RATIOS
39.78% GROSS MARGIN
39.78%
Averages
1Year 39.78%
3Years 38.53%
5Years 38.37%
7Years 38.02%
10Years 38.92%
8.16% OPERATING MARGIN
8.16%
Averages
1Year 8.16%
3Years 6.01%
5Years 4.83%
7Years 6.08%
10Years 7.72%
9.35% NET MARGIN
9.35%
Averages
1Year 9.35%
3Years 6.01%
5Years 4.59%
7Years 5.29%
10Years 5.55%
21.62% ROE
21.62%
Averages
1Year 21.62%
3Years 12.40%
5Years 8.98%
7Years 9.19%
10Years 8.99%
8.15% ROA
8.15%
Averages
1Year 8.15%
3Years 5.00%
5Years 3.77%
7Years 4.24%
10Years 4.08%
10.07% ROIC
10.07%
Averages
1Year 10.07%
3Years 5.89%
5Years 4.28%
7Years 4.97%
10Years 5.78%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Fomento Económico Mexicano, S.A.B. de C.V.
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Net Income 89.6 B
Depreciation & Amortization 34 B
Capital Expenditures -38.1 B
Stock-Based Compensation 0
Change in Working Capital -3.04 B
Others -66.6 B
Free Cash Flow 11.6 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Fomento Económico Mexicano, S.A.B. de C.V.
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Wall Street analysts predict an average 1-year price target for FMX of $147 , with forecasts ranging from a low of $138 to a high of $158 .
FMX Lowest Price Target Wall Street Target
138 USD 67.27%
FMX Average Price Target Wall Street Target
147 USD 78.18%
FMX Highest Price Target Wall Street Target
158 USD 91.52%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.961 USD DIVIDEND PER SHARE
5. COMPETITION

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, carbonated soft drinks, other non-alcoholic beverages, malt, and food products in the Americas.

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30.1 USD
ABEV
Undervalued 1593.71%

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company's flagship beer is Samuel Adams Boston Lager.

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314 USD
SAM
Undervalued 24.39%

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific.

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106 USD
TAP
Undervalued 91.15%

Compañía Cervecerías Unidas S.A. operates as a beverage company in Chile, Argentina, Bolivia, Colombia, Paraguay, and Uruguay. The company operates through three segments: Chile, International Business, and Wine.

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18.7 K USD
CCU
Undervalued 159956.81%

Anheuser-Busch InBev SA/NV engages in the production, distribution, and sale of beer, alcoholic beverages, and soft drinks worldwide. It offers a portfolio of approximately 500 beer brands, which primarily include Budweiser, Corona, and Stella Artois; Beck's, Hoegaarden, Leffe, and Michelob Ultra; and Aguila, Antarctica, Bud Light, Brahma, Cass, Castle, Castle Lite, Cristal, Harbin, Jupiler, Modelo Especial, Quilmes, Victoria, Sedrin, and Skol brands.

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51.7 USD
BUD
Undervalued 7.65%
6. Ownership
Insider Ownership Fomento Económico Mexicano, S.A.B. de C.V.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
FMX Divests Plastics Solutions to AMMI, Progresses Well on Forward Plan Fomento progresses smoothly on its Forward plan. The company divests its plastics solutions operations to AMMI. zacks.com - 1 week ago
FEMSA completes divestiture of its plastics solutions operations to AMMI, affiliate of Milenio Capital MONTERREY, Mexico, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on October 28, 2024, of its plastics solutions operations to AMMI, a leading diversified corporation focused on the production of non-GMO corn and sustainable plastic packaging, an affiliate of Milenio Capital. The transaction amount was $3,165 million pesos, on a cash-free, debt-free basis. globenewswire.com - 2 weeks ago
FEMSA Looks Like A Terrific Contrarian Pick In Times Of Fear For Mexico FEMSA is a collection of high-quality businesses, mostly in Latin America, and has seen its stock price falter in recent quarters. The company has diverse operations, including Coca-Cola FEMSA, OXXO convenience stores, a growing health division, and a fuel services business. Potential international trade tariffs look to have little direct impact on FEMSA's businesses. seekingalpha.com - 1 month ago
The Zacks Analyst Blog GE Aerospace, Fomento Economico, Waste Management and Aware GE Aerospace, Fomento Economico, Waste Management and Aware are included in this Analyst Blog. zacks.com - 1 month ago
FEMSA Sells Refrigeration and Foodservice Division to Mill Point FMX sells its refrigeration and food service operations to Mill Point Capital, aiming to enhance long-term value by focusing on core business areas. zacks.com - 2 months ago
Mill Point Capital Completes Acquisition of AeriTek Global LLC KENNESAW, Ga.--(BUSINESS WIRE)--An affiliate of Mill Point Capital LLC ("Mill Point Capital"), a New York City-based private equity firm, announced today the completion of its previously announced acquisition of the commercial refrigeration and foodservice equipment businesses of Fomento Económico Mexicano, S.A.B. de C.V. (NYSE: FMX) (“FEMSA”), doing business as Imbera and Torrey (collectively AeriTek Global LLC, “AeriTek” or the “Company”), in a single corporate carve-out transaction. The succ. businesswire.com - 2 months ago
FEMSA completes divestiture of its refrigeration and foodservice equipment operations to Mill Point Capital MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on July 17, 2024, with Mill Point Capital LLC, of its refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis. globenewswire.com - 2 months ago
FEMSA Q3 Earnings Decline Y/Y, Sales Improve on Segmental Growth FMX's Q3 results reflect revenue growth across all operating segments. Favorable currency effects from the depreciation of the Mexican Peso also aid the top line. zacks.com - 2 months ago
FEMSA announces agreement with AMMI, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with AMMI, a leading holding company focused in the production of non-GMO corn and sustainable plastic packaging, affiliate of Milenio Capital, to divest FEMSA's plastics solutions operations, for a total amount of $3,165 million pesos, on a cash-free, debt-free basis. globenewswire.com - 2 months ago
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q3 2024 Earnings Call Transcript Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q3 2024 Earnings Conference Call October 28, 2024 10:30 AM ET Company Participants Juan Fonseca - Director, IR José Antonio Fernández Garza-Lagüera - CEO, Proximity & Health Martin Arias - CFO Conference Call Participants Ricardo Alves - Morgan Stanley Bob Ford - Bank of America Antonio Hernandez - Actinver Ben Theurer - Barclays Thiago Bortoluci - Goldman Sachs Alvaro Garcia - BTG Pactual Rodrigo Alcantara - UBS Carlos Laboy - HSBC Hector Maya - Scotiabank Ulises Argote - Santander Operator Hello, and welcome to FEMSA's Third Quarter 2024 Results Conference Call. seekingalpha.com - 2 months ago
FEMSA Announces Third Quarter 2024 Results MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today its operational and financial results for the third quarter of 2024. globenewswire.com - 2 months ago
FEMSA Schedules Conference Call to Discuss Third Quarter Financial Results MONTERREY, Mexico, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) is pleased to invite you to participate in its Third Quarter Conference Call that will be held on: globenewswire.com - 3 months ago
8. Profile Summary

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

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COUNTRY MX
INDUSTRY Beverages - Alcoholic
MARKET CAP $ 17 B
Dividend Yield 0.00%
Description 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 chillers, 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. As of December 31, 2021, it operated 20,431 OXXO stores; 3,652 drugstores; and 567 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.
Contact General Anaya Nº 601 Pte., Monterrey, NL, 64410 https://www.femsa.com
IPO Date May 11, 1998
Employees 392287
Officers Mr. Martin Felipe Arias Yaniz Interim Chief Financial Officer Mr. Juan Carlos Guillermety Chief Executive Officer of Digital Mr. Carlos Arenas Cadena Executive Officer Mr. Jose Antonio Vicente Fernandez Carbajal Executive Chairman of the Board & Chief Executive Officer Mr. Raymundo Yutani Vela Director of Human Resources Mr. Ian Marcel Craig García Chief Executive Officer of Coca-Cola Mr. Juan F. Fonseca Vice President of Investor Relations Mr. Alfonso Garza Garza Chief Executive Officer of Negocios Estratégicos & Director Mr. Jose Antonio Fernandez Garza-Laguera Chief Executive Officer of Proximity & Health Division Mr. Gerardo Estrada Attolini Director of Administration & Corporate Control