US3444191064 - ADR

Overall **FMX** gets a fundamental rating of **5** out of 10. We evaluated **FMX** against 32 industry peers in the **Beverages** industry. Both the profitability and the financial health of **FMX** get a neutral evaluation. Nothing too spectacular is happening here. While showing a medium growth rate, **FMX** is valued expensive at the moment.

In the past year **FMX** was profitable.

In the past year **FMX** had a positive cash flow from operations.

In the past 5 years **FMX** always reported a positive cash flow from operatings.

With a **Return On Assets** value of **3.28%**, **FMX** is not doing good in the industry: **71.88%** of the companies in the same industry are doing better.

Measured over the past 3 years, the **Average Return On Invested Capital** for **FMX** is significantly below the industry average of **12.32%**.

The 3 year average ROIC (**7.07%**) for **FMX** is below the current ROIC(**7.10%**), indicating increased profibility in the last year.

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 3.28% | ||

ROE | 9.28% | ||

ROIC | 7.1% |

ROA(3y)5%

ROA(5y)3.59%

ROE(3y)13.86%

ROE(5y)9.8%

ROIC(3y)7.07%

ROIC(5y)6.71%

In the last couple of years the **Profit Margin** of **FMX** has grown nicely.

With a **Operating Margin** value of **8.07%**, **FMX** is not doing good in the industry: **75.00%** of the companies in the same industry are doing better.

In the last couple of years the **Operating Margin** of **FMX** has declined.

Industry Rank | Sector Rank | ||
---|---|---|---|

OM | 8.07% | ||

PM (TTM) | 3.7% | ||

GM | 40.78% |

OM growth 3Y-0.63%

OM growth 5Y-2.15%

PM growth 3YN/A

PM growth 5Y12.85%

GM growth 3Y1.12%

GM growth 5Y1.3%

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), **FMX** is destroying value.

Compared to 1 year ago, **FMX** has about the same amount of shares outstanding.

The number of shares outstanding for **FMX** remains at a similar level compared to 5 years ago.

Compared to 1 year ago, **FMX** has an improved debt to assets ratio.

The Debt to FCF ratio of **FMX** is **12.67**, which is on the high side as it means it would take **FMX**, **12.67** years of fcf income to pay off all of its debts.

With a **Debt to FCF ratio** value of **12.67**, **FMX** is not doing good in the industry: **71.88%** of the companies in the same industry are doing better.

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.76 | ||

Debt/FCF | 12.67 | ||

Altman-Z | 6.15 |

ROIC/WACC0.52

WACC13.69%

A Current Ratio of **1.72** indicates that **FMX** should not have too much problems paying its short term obligations.

The **Current ratio** of **FMX** (**1.72**) is comparable to the rest of the industry.

Looking at the **Quick ratio**, with a value of **1.44**, **FMX** is in the better half of the industry, outperforming **71.88%** of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

Current Ratio | 1.72 | ||

Quick Ratio | 1.44 |

The **Earnings Per Share** has been growing slightly by **1.22%** over the past year.

Looking at the last year, **FMX** shows a very negative growth in **Revenue**. The Revenue has decreased by **-18.16%** in the last year.

Measured over the past years, **FMX** shows a quite strong growth in **Revenue**. The Revenue has been growing by **8.39%** on average per year.

EPS 1Y (TTM)1.22%

EPS 3YN/A

EPS 5Y0.5%

EPS Q2Q%154.07%

Revenue 1Y (TTM)-18.16%

Revenue growth 3Y12.54%

Revenue growth 5Y8.39%

Sales Q2Q%0.26%

The **Earnings Per Share** is expected to grow by **22.78%** on average over the next years. This is a very strong growth

The **Revenue** is expected to grow by **8.80%** on average over the next years. This is quite good.

EPS Next Y33.04%

EPS Next 2Y22.72%

EPS Next 3Y15.68%

EPS Next 5Y22.78%

Revenue Next Year4.47%

Revenue Next 2Y6.77%

Revenue Next 3Y7.41%

Revenue Next 5Y8.8%

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.

When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.

With a **Price/Earnings** ratio of **24.08**, **FMX** is valued on the expensive side.

The **Price/Forward Earnings** ratio is **19.41**, which indicates a rather expensive current valuation of **FMX**.

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 24.08 | ||

Fwd PE | 19.41 |

Based on the **Enterprise Value to EBITDA** ratio, **FMX** is valued a bit more expensive than the industry average as 75.00% of the companies are valued more cheaply.

Based on the **Price/Free Cash Flow** ratio, **FMX** is valued a bit more expensive than 65.63% of the companies in the same industry.

Industry Rank | Sector Rank | ||
---|---|---|---|

P/FCF | 203.86 | ||

EV/EBITDA | 40.27 |

A more expensive valuation may be justified as **FMX**'s earnings are expected to grow with **15.68%** in the coming years.

PEG (NY)0.73

PEG (5Y)48.23

EPS Next 2Y22.72%

EPS Next 3Y15.68%

With a **Yearly Dividend Yield** of **1.73%**, **FMX** has a reasonable but not impressive dividend return.

Compared to an average industry **Dividend Yield** of **2.88**, **FMX** has a dividend in line with its industry peers.

Compared to the average S&P500 **Dividend Yield** of **2.33**, **FMX** is paying slightly less dividend.

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 1.73% |

On average, the dividend of **FMX** grows each year by **7.77%**, which is quite nice.

Dividend Growth(5Y)7.77%

Div Incr Years2

Div Non Decr Years2

DP64.76%

EPS Next 2Y22.72%

EPS Next 3Y15.68%

**FOMENTO ECONOMICO MEX-SP ADR**

NYSE:FMX (8/15/2024, 4:05:00 PM)

After market: 112.92 0 (0%)**112.92**

**+0.47 (+0.42%) **

Chartmill FA Rating

GICS SectorConsumer Staples

GICS IndustryGroupFood, Beverage & Tobacco

GICS IndustryBeverages

Earnings (Last)

Earnings (Next)

Inst Owners

Inst Owner Change

Ins Owners

Ins Owner Change

Market Cap202.03B

Analysts

Price Target

Dividend

Industry Rank | Sector Rank | ||
---|---|---|---|

Dividend Yield | 1.73% |

Dividend Growth(5Y)

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Surprises & Revisions

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EPS NQ rev (3m)

EPS NY rev (1m)

EPS NY rev (3m)

Revenue NQ rev (1m)

Revenue NQ rev (3m)

Revenue NY rev (1m)

Revenue NY rev (3m)

Valuation

Industry Rank | Sector Rank | ||
---|---|---|---|

PE | 24.08 | ||

Fwd PE | 19.41 | ||

P/S | |||

P/FCF | |||

P/OCF | |||

P/B | |||

P/tB | |||

EV/EBITDA |

EPS(TTM)

EY

EPS(NY)

Fwd EY

FCF(TTM)

FCFY

OCF(TTM)

OCFY

SpS

BVpS

TBVpS

PEG (NY)0.73

PEG (5Y)48.23

Profitability

Industry Rank | Sector Rank | ||
---|---|---|---|

ROA | 3.28% | ||

ROE | 9.28% | ||

ROCE | |||

ROIC | |||

ROICexc | |||

ROICexgc | |||

OM | 8.07% | ||

PM (TTM) | 3.7% | ||

GM | 40.78% | ||

FCFM |

ROA(3y)

ROA(5y)

ROE(3y)

ROE(5y)

ROIC(3y)

ROIC(5y)

ROICexc(3y)

ROICexc(5y)

ROICexgc(3y)

ROICexgc(5y)

ROCE(3y)

ROCE(5y)

ROICexcg growth 3Y

ROICexcg growth 5Y

ROICexc growth 3Y

ROICexc growth 5Y

OM growth 3Y

OM growth 5Y

PM growth 3Y

PM growth 5Y

GM growth 3Y

GM growth 5Y

F-Score

Asset Turnover0.89

Health

Industry Rank | Sector Rank | ||
---|---|---|---|

Debt/Equity | 0.76 | ||

Debt/FCF | |||

Debt/EBITDA | |||

Cap/Depr | |||

Cap/Sales | |||

Interest Coverage | |||

Cash Conversion | |||

Profit Quality | |||

Current Ratio | 1.72 | ||

Quick Ratio | 1.44 | ||

Altman-Z |

F-Score

WACC

ROIC/WACC

Cap/Depr(3y)

Cap/Depr(5y)

Cap/Sales(3y)

Cap/Sales(5y)

Profit Quality(3y)

Profit Quality(5y)

High Growth Momentum

Growth

EPS 1Y (TTM)1.22%

EPS 3YN/A

EPS 5Y

EPS Q2Q%

EPS Next Y33.04%

EPS Next 2Y

EPS Next 3Y

EPS Next 5Y

Revenue 1Y (TTM)-18.16%

Revenue growth 3Y12.54%

Revenue growth 5Y

Sales Q2Q%

Revenue Next Year

Revenue Next 2Y

Revenue Next 3Y

Revenue Next 5Y

EBIT growth 1Y

EBIT growth 3Y

EBIT growth 5Y

EBIT Next Year

EBIT Next 3Y

EBIT Next 5Y

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FCF growth 3Y

FCF growth 5Y

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OCF growth 3Y

OCF growth 5Y