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Fomento Económico Mexicano, S.A.B. de C.V. FMX
Consumer Defensive - Beverages - Alcoholic - NYSE - MX
Watchlist
$ 90.08
-1.18 %
$ 19.4 B
Market Cap
46.19
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one FMX stock under the base case scenario is HIDDEN Compared to the current market price of 90.1 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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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%
33.5 B NET INCOME
-31.92%
Growth Rates
1Year -31.92%
3Years 21.66%
5Years -3.46%
7Years -0.67%
10Years 1.12%
60.1 B OPERATING CASH FLOW
-17.17%
Growth Rates
1Year -17.17%
3Years 4.18%
5Years 4.86%
7Years 2.63%
10Years 7.65%
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 -31.92%
3Years 21.66%
5Years -3.46%
7Years -0.67%
10Years 1.12%
18.2 B OPERATING CASH FLOW
12.16%
Growth Rates
1Year -17.17%
3Years 4.18%
5Years 4.86%
7Years 2.63%
10Years 7.65%
-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 Decomposition 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 39.3 B
PP&E 229 B
Other Non-Current Assets 181 B
Current Liabilities 182 B
Accounts Payable 82.3 B
Short-Term Debt 20.7 B
Other Current Liabilities 79.4 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 280 B
Operating Income 57.9 B
Other Expenses 24.4 B
Net Income 33.5 B
RATIOS
39.78% GROSS MARGIN
39.78%
Averages
1Year 39.78%
3Years 38.53%
5Years 38.37%
7Years 38.02%
10Years 38.46%
8.24% OPERATING MARGIN
8.24%
Averages
1Year 8.24%
3Years 6.03%
5Years 4.85%
7Years 6.09%
10Years 7.11%
9.35% NET MARGIN
9.35%
Averages
1Year 9.35%
3Years 6.01%
5Years 4.59%
7Years 5.23%
10Years 5.18%
21.62% ROE
21.62%
Averages
1Year 21.62%
3Years 12.40%
5Years 8.98%
7Years 9.11%
10Years 8.33%
8.15% ROA
8.15%
Averages
1Year 8.15%
3Years 5.00%
5Years 3.77%
7Years 4.20%
10Years 4.05%
10.17% ROIC
10.17%
Averages
1Year 10.17%
3Years 5.92%
5Years 4.30%
7Years 4.87%
10Years 5.26%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Fomento Económico Mexicano, S.A.B. de C.V.
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Net Income 33.5 B
Depreciation & Amortization 34 B
Capital Expenditures -40.4 B
Stock-Based Compensation 0
Change in Working Capital -3.04 B
Others 66 B
Free Cash Flow 19.7 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 53.20%
FMX Average Price Target Wall Street Target
147 USD 63.19%
FMX Highest Price Target Wall Street Target
158 USD 75.40%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0.961 USD DIVIDEND PER SHARE
5. COMPETITION

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4.99 USD
ABEV
Undervalued 125.69%

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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240 USD
SAM
Overvalued 24.50%

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 69.10%

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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10 USD
CCU
Overvalued 7.30%

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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77 USD
BUD
Undervalued 36.84%
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
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 - 1 week 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 - 1 week 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 - 1 week 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 weeks 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 weeks 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 weeks 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 weeks 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 - 1 month ago
FEMSA to Divest Some Operations in Mexico, On Track With Forward Plan FMX looks forward to divesting its few logistic operations to Grupo Traxion. zacks.com - 1 month ago
FEMSA Forward Strategy & Digital Efforts: Key Drivers for FEMSA FEMSA is poised for growth on effective growth strategies, including the FEMSA Forward Strategy, Digital@FEMSA and retail business expansion. zacks.com - 1 month ago
FEMSA announces agreement with TRAXIÓN to divest certain of FEMSA's logistics operations MONTERREY, Mexico, Oct. 10, 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 Grupo Traxión, S.A.B. de C.V (BMV: TRAXIONA), a leading transportation and logistics company based in Mexico, to divest certain of FEMSA's logistics operations doing business as Solistica. The transaction includes FEMSA's transportation management operations in Mexico, as well as its contract logistics operations in Mexico, Colombia and Brazil. The transaction does not include FEMSA's LTL (less-than-truckload) operations in Brazil. globenewswire.com - 1 month ago
Delek US Holdings, Inc. Announces Closing of Sale of Retail Assets to FEMSA BRENTWOOD, Tenn.--(BUSINESS WIRE)--Delek US Holdings, Inc. (NYSE:DK) (“Delek”) announced today the closing of the previously announced sale of 100% of the equity interests in the Delek subsidiaries that operate Delek's retail business (“Delek US Retail”) to a subsidiary of FEMSA (NYSE:FMX) for cash consideration of approximately $385 million, including the purchase of inventories. Avigal Soreq, President, and Chief Executive Officer of Delek, said, “The completion of the sale of Delek US Retail. businesswire.com - 1 month 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 $ 19.4 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. Jose Antonio Fernandez Garza-Laguera Chief Executive Officer of Proximity & Health Division Mr. Raymundo Yutani Vela Director of Human Resources Mr. Jose Antonio Vicente Fernandez Carbajal Executive Chairman of the Board & Chief Executive Officer Mr. Alfonso Garza Garza Chief Executive Officer of Negocios Estratégicos & Director Mr. Juan F. Fonseca Vice President of Investor Relations Mr. Carlos Arenas Cadena Chief Executive Officer of OXXO Mexico Mr. Juan Carlos Guillermety Chief Executive Officer of Digital Mr. Martin Felipe Arias Yaniz Interim Chief Financial Officer Mr. Gerardo Estrada Attolini Director of Administration & Corporate Control Mr. Ian Marcel Craig García Chief Executive Officer of Coca-Cola