Fomento Económico Mexicano, S.A.B. de C.V.
Fomento Económico Mexicano, S.A.B. de C.V.
Your view on FMX
Overview
What the company does, where it operates, and who runs it.
About Fomento Económico Mexicano, S.A.B. de C.V.
- Industry
- Beverages - Alcoholic
- Sector
- Consumer Defensive
- CEO
- Jose Antonio Fernandez Garza-Laguera
- Headquarters
- General Anaya Nº 601 Pte., Monterrey, NL, MX
- Industry
- Beverages - Alcoholic
- Sector
- Consumer Defensive
- CEO
- Jose Antonio Fernandez Garza-Laguera
- Headquarters
- General Anaya Nº 601 Pte., Monterrey, NL, MX
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.
Stock Data
Price chart, volume, and trading data.
Fair Value
What FRC thinks it is worth vs. the current price.
FRC's fair value estimate for Fomento Económico Mexicano, S.A.B. de C.V., and the rating behind it. FMX last traded at $124.98, 22.7× trailing earnings — the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.
Financial Ratios
Profitability, returns, valuation, and leverage ratios.
Valuation, profitability, liquidity and leverage ratios for Fomento Económico Mexicano, S.A.B. de C.V.. Starting points for Fomento Económico Mexicano, S.A.B. de C.V.: P/E 22.7, EPS $92.37, beta 0.18 — an Beverages - Alcoholic name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.
Dividend Analysis
Yield, payout ratio, and dividend coverage metrics.
Dividend history, yield and payout sustainability for Fomento Económico Mexicano, S.A.B. de C.V.. Fomento Económico Mexicano, S.A.B. de C.V. paid $7.47 per share over the last year — a 6.0% yield at the current $124.98 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.
Earnings Analysis
EPS history, beat rate, and upcoming earnings reports.
Reported vs. expected earnings history for Fomento Económico Mexicano, S.A.B. de C.V.. Trailing twelve-month EPS for Fomento Económico Mexicano, S.A.B. de C.V. stands at $92.37. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.
Financial Statements
Income statement, balance sheet, and cash flow statements.
Income statement, balance sheet and cash flow history for Fomento Económico Mexicano, S.A.B. de C.V.. Fomento Económico Mexicano, S.A.B. de C.V. has reported as a listed company since 1998. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.
Comparables
List of peer companies in the same industry.
Fomento Económico Mexicano, S.A.B. de C.V. valued side by side against its closest peers. Fomento Económico Mexicano, S.A.B. de C.V. is measured against Beverages - Alcoholic peers within the Consumer Defensive sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.
Institutional Ownership
PremiumWhich funds and firms own the stock.
Which institutions hold Fomento Económico Mexicano, S.A.B. de C.V., and how their positions are changing. At a $42.58B market value, institutional positions materially move Fomento Económico Mexicano, S.A.B. de C.V.'s register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.
Insider Trading
PremiumRecent buying and selling by company executives.
Buying and selling by Fomento Económico Mexicano, S.A.B. de C.V. executives and directors. Shares of Fomento Económico Mexicano, S.A.B. de C.V. have traded between $81.08 and $108.74 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.
Senate Trading
PremiumU.S. Senator disclosures filed under the STOCK Act.
U.S. Senate disclosures naming Fomento Económico Mexicano, S.A.B. de C.V.. Fomento Económico Mexicano, S.A.B. de C.V. is a $42.58B Consumer Defensive company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.
House Trading
PremiumU.S. Representative disclosures filed under the STOCK Act.
U.S. House of Representatives disclosures naming Fomento Económico Mexicano, S.A.B. de C.V.. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.
News
Latest headlines and market coverage.
Latest headlines and company announcements for Fomento Económico Mexicano, S.A.B. de C.V.. Coverage tracks Fomento Económico Mexicano, S.A.B. de C.V. within Beverages - Alcoholic (Consumer Defensive). Press releases and market coverage, newest first.
Comments
Comments and replies from FRC members about this company.