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Consumer Defensive - Beverages - Alcoholic - NYSE - MX
$ 92.5
-4.45 %
$ 19 B
Market Cap
84.09
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FMX stock under the worst case scenario is HIDDEN Compared to the current market price of 92.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FMX stock under the base case scenario is HIDDEN Compared to the current market price of 92.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one FMX stock under the best case scenario is HIDDEN Compared to the current market price of 92.5 USD, Fomento Económico Mexicano, S.A.B. de C.V. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FMX

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$105.0$105.0$100.0$100.0$95.0$95.0$90.0$90.0$85.0$85.0$80.0$80.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
782 B REVENUE
11.23%
70.7 B OPERATING INCOME
23.21%
13.5 B NET INCOME
-79.45%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
100.00%
208 B REVENUE
5.86%
22.6 B OPERATING INCOME
30.28%
6.79 B NET INCOME
15.07%
0 OPERATING CASH FLOW
0.00%
0 INVESTING CASH FLOW
0.00%
0 FINANCING CASH FLOW
100.00%
Balance Sheet Fomento Económico Mexicano, S.A.B. de C.V.
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Current Assets 342 B
Cash & Short-Term Investments 183 B
Receivables 43.2 B
Other Current Assets 116 B
Non-Current Assets 510 B
Long-Term Investments 29.4 B
PP&E 275 B
Other Non-Current Assets 205 B
21.48 %5.07 %13.62 %3.45 %32.31 %24.07 %Total Assets$852.2b
Current Liabilities 205 B
Accounts Payable 0
Short-Term Debt 22.8 B
Other Current Liabilities 182 B
Non-Current Liabilities 264 B
Long-Term Debt 233 B
Other Non-Current Liabilities 30.9 B
4.86 %38.84 %49.71 %6.58 %Total Liabilities$469.6b
EFFICIENCY
Earnings Waterfall Fomento Económico Mexicano, S.A.B. de C.V.
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Revenue 782 B
Cost Of Revenue 460 B
Gross Profit 321 B
Operating Expenses 251 B
Operating Income 70.7 B
Other Expenses 57.2 B
Net Income 13.5 B
800b800b700b700b600b600b500b500b400b400b300b300b200b200b100b100b00782b(460b)321b(251b)71b(57b)14bRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
39.78% GROSS MARGIN
39.78%
8.16% OPERATING MARGIN
8.16%
9.35% NET MARGIN
9.35%
21.62% ROE
21.62%
8.15% ROA
8.15%
6.89% ROIC
6.89%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Fomento Económico Mexicano, S.A.B. de C.V.
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60b60b50b50b40b40b30b30b20b20b10b10b0020162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 13.5 B
Depreciation & Amortization 24.4 B
Capital Expenditures 0
Stock-Based Compensation 0
Change in Working Capital 0
Others -13.5 B
Free Cash Flow 0
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 $145 , with forecasts ranging from a low of $138 to a high of $158 .
FMX Lowest Price Target Wall Street Target
138 USD 49.19%
FMX Average Price Target Wall Street Target
145 USD 56.54%
FMX Highest Price Target Wall Street Target
158 USD 70.81%
Price
Max Price Target
Min Price Target
Average Price Target
16016015015014014013013012012011011010010090908080May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.79 USD DIVIDEND PER SHARE
Q1
Q2
Q3
Q4
3.000003.000002.500002.500002.000002.000001.500001.500001.000001.000000.500000.500000.000000.000000.790.74040.720.6870.7560.7710.57710.84831.013781.130.68641.02060.6732.890.6842.420.67591.360.73521.490.7561.530.73331.310.56771.420.8471.861.070422.200.96050.960.002015201520162016201720172018201820192019202020202021202120222022202320232024202420252025
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5. COMPETITION
slide 2 of 5
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
7. News
Comprehensive Q1 Review Of My Stock Picks + Ratings Updates Although there is one day left in Q1, I'm pleased to present a detailed review of my Q1 stock picks, along with updated commentary and ratings. Today's report begins with an unconventional review of Apple, which I plan to drop coverage on. This report contains new coverage of 38 stocks that I've previously written about here at Seeking Alpha. seekingalpha.com - 2 weeks ago
FEMSA Announces the date for its Annual Shareholders' Meeting MONTERREY, Mexico, March 03, 2025 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announces it will hold its Annual Ordinary Shareholders' Meeting on April 11, 2025, in Monterrey, Nuevo Leon, Mexico (the “Shareholders' Meeting”). A copy of the formal call for the Shareholders' Meeting is available in the following link: https://femsa.gcs-web.com/shareholder-meeting-information. globenewswire.com - 1 month ago
FEMSA Languishing As Consumer Activity Slows And Capex Deployments Continue FEMSA shares have underperformed on weak store traffic numbers, and Mexican consumer spending is a key concern for 2025. Despite challenges, FEMSA's Q4 results exceeded expectations, with strong revenue, gross margin, and EBITDA growth across most business segments. Continued investments in store expansion, including into the U.S. market, and digital offerings are expected to support long-term growth, though they compress near-term free cash flow. seekingalpha.com - 1 month ago
FEMSA: Q4 Rebound In Proximity America's Growth Is Encouraging - Maintain Buy Rating Worries about stunted growth in FEMSA's OXXO convenience store chain were eased, as the Q4 report indicated a rebound. While Mexican stocks are not popular right now due to U.S. trade tariff concerns, FEMSA should have minimal direct exposure to any tariffs. Management is interested in increasing leverage, which is not only an indication of increased shareholder returns, but also management confidence. seekingalpha.com - 1 month ago
FEMSA Q4 Earnings Decline Y/Y, Positive Business Trends Aid Revenues FMX's fourth-quarter results reflect gains across all business units and favorable currency rates, as well as improved margins. zacks.com - 1 month ago
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Q4 2024 Earnings Call Transcript Fomento Económico Mexicano, S.A.B. de C.V. (NYSE:FMX ) Q4 2024 Earnings Conference Call February 27, 2025 10:00 AM ET Company Participants Juan Fonseca - Director, Investor Relations José Antonio Fernández Carbajal - Chief Executive Officer & Chairman Martin Arias - Chief Financial Officer Jorge Collazo - Coca-Cola, Investor Relations Conference Call Participants Ricardo Alves - Morgan Stanley Lisa Lane - Bank of America Hector Maya - Scotiabank Rodrigo Alcantara - UBS Renata Cabral - Citibank Ulises Argote - Santander Ben Theurer - Barclays Operator Good day, and welcome to today's FEMSA's Fourth Quarter 2024 Results Conference Call. seekingalpha.com - 1 month ago
FEMSA Announces Fourth Quarter and Full Year 2024 Results MONTERREY, Mexico, Feb. 27, 2025 (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 fourth quarter and full year of 2024. globenewswire.com - 1 month ago
Are These 5 Beverage Stocks Poised for Earnings Beat This Season? The beverage industry players are expected to have gained from expansion, pricing and solid demand, but inflation and currency woes are likely to have posed challenges. zacks.com - 1 month ago
FEMSA Schedules Conference Call to Discuss Fourth Quarter and Full Year 2024 Financial Results MONTERREY, Mexico, Feb. 13, 2025 (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 Fourth Quarter and Full Year 2024 Conference Call that will be held on: globenewswire.com - 2 months ago
FEMSA Stock Declines 36% in a Year: Buy the Dip or Wait for Now? FMX remains on track for growth on effective growth strategies and strong market demand. It is progressing well on the FEMSA Forward Strategy. zacks.com - 3 months ago
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 - 3 months 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 - 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 $ 19 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 391244
Officers Mr. Gerardo Estrada Attolini Director of Administration & Corporate Control Mr. Jose Antonio Fernandez Garza-Laguera Chief Executive Officer of Proximity & Health Division Mr. Alfonso Garza Garza Chief Executive Officer of Negocios Estratégicos & Director Mr. Martin Felipe Arias Yaniz Chief Financial Officer Mr. Juan Carlos Guillermety Chief Executive Officer of Spin Ms. Jessica Ponce de Leon Gaitan Chief Sustainability Officer Mr. Raymundo Yutani Vela Director of Human Resources Mr. Jose Antonio Vicente Fernandez Carbajal Executive Chairman of the Board & Chief Executive Officer Mr. Juan F. Fonseca Vice President of Investor Relations Mr. Ian Marcel Craig García Chief Executive Officer of Coca-Cola