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Fomento Economico Mexicano SAB de CV ADR FMX

Morningstar Rating
$118.94 −0.58 (0.49%)
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Company Report

Price vs Fair Value

FMX is trading at a 14% premium.
Price
$119.52
Fair Value
$273.00
Uncertainty
Medium
1-Star Price
$115.15
5-Star Price
$48.20
Economic Moat
Gxtqkc
Capital Allocation
Qkrwzts

Bulls Say, Bears Say

Bulls

Oxxo dominates the convenience store market in Mexico, with an attractive return profile and plenty of room to expand the store base.

Bears

Femsa will face stringent business regulations and high costs of labor and real estate in Europe as it looks to turn around the newly acquired Valora convenience chain.

Is it the right time to buy, sell, or hold?
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News

Trading Information

Previous Close Price
$119.52
Day Range
$118.09120.97
52-Week Range
$91.71143.43
Bid/Ask
$118.44 / $119.60
Market Cap
$212.80 Bil
Volume/Avg
534,757 / 718,415

Key Statistics

Price/Earnings (Normalized)
101.34
Price/Sales
1.08
Dividend Yield (Trailing)
1.82%
Dividend Yield (Forward)
1.82%
Total Yield
1.82%

Company Profile

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.
Sector
Consumer Defensive
Industry
Beverages - Brewers
Stock Style Box
Large Core
Total Number of Employees
350,000

Competitors

Valuation

Metric
FMX
3382
ABEV
Price/Earnings (Normalized)
101.343.7210.41
Price/Book Value
9.581.382.19
Price/Sales
1.080.452.24
Price/Cash Flow
5.987.15
Price/Earnings
FMX
3382
ABEV

Financial Strength

Metric
FMX
3382
ABEV
Quick Ratio
1.420.710.62
Current Ratio
1.931.000.89
Interest Coverage
5.637.525.56
Quick Ratio
FMX
3382
ABEV

Profitability

Metric
FMX
3382
ABEV
Return on Assets (Normalized)
6.68%4.57%10.90%
Return on Equity (Normalized)
18.94%13.59%17.71%
Return on Invested Capital (Normalized)
8.41%6.68%17.20%
Return on Assets
FMX
3382
ABEV
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Beverages - Brewers Industry Comparables

Ticker
Name
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
BUDFF
Anheuser-Busch InBev SA/NVMRVXyrbj$112.8 Bil
BUD
Anheuser-Busch InBev SA/NV ADRRswdzqpgVlm$112.8 Bil
HEINY
Heineken NV ADRBkgznvqkNtpnywj$52.6 Bil
HINKF
Heineken NVXxhfsys$52.0 Bil
ABEV
Ambev SA ADRWxrlykxgNhkc$36.2 Bil
HKHHF
Heineken Holding NVSsw$22.3 Bil
CABGY
Carlsberg A/S ADRBnpvknwqPsdq$18.1 Bil
TAP
Molson Coors Beverage Co Shs -B- Non-VotingBtrdpwhQrlz$13.4 Bil
SAM
Boston Beer Co Inc Class AZxwnkjvjyGswrc$3.3 Bil

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