COCA-COLA FEMSA SAB-SP ADR (KOF)
US1912411089 - ADR
We assign a fundamental rating of 6 out of 10 to KOF. KOF was compared to 32 industry peers in the Beverages industry. KOF has an average financial health and profitability rating. KOF is valued quite cheap, while showing a decent growth score. This is a good combination! KOF also has an excellent dividend rating. These ratings could make KOF a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year KOF was profitable.
KOF had a positive operating cash flow in the past year.
KOF had positive earnings in each of the past 5 years.
KOF had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
KOF has a better Return On Assets (8.57%) than 62.50% of its industry peers.
The Return On Equity of KOF (18.46%) is better than 65.63% of its industry peers.
Looking at the Return On Invested Capital, with a value of 13.52%, KOF is in the better half of the industry, outperforming 68.75% of the companies in the same industry.
KOF had an Average Return On Invested Capital over the past 3 years of 9.93%. This is below the industry average of 12.35%.
The 3 year average ROIC (9.93%) for KOF is below the current ROIC(13.52%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.57% | ||
| ROE | 18.46% | ||
| ROIC | 13.52% |
ROA(3y)6.59%
ROA(5y)5.68%
ROE(3y)14.49%
ROE(5y)12.43%
ROIC(3y)9.93%
ROIC(5y)9.24%
1.3 Margins
KOF has a Profit Margin of 7.76%. This is comparable to the rest of the industry: KOF outperforms 40.63% of its industry peers.
KOF's Profit Margin has been stable in the last couple of years.
KOF's Operating Margin of 13.57% is in line compared to the rest of the industry. KOF outperforms 53.13% of its industry peers.
KOF's Operating Margin has been stable in the last couple of years.
KOF has a Gross Margin of 45.07%. This is comparable to the rest of the industry: KOF outperforms 50.00% of its industry peers.
KOF's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.57% | ||
| PM (TTM) | 7.76% | ||
| GM | 45.07% |
OM growth 3Y3.05%
OM growth 5Y1.05%
PM growth 3Y12.4%
PM growth 5Y0.88%
GM growth 3Y0.1%
GM growth 5Y-0.35%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), KOF is creating some value.
The number of shares outstanding for KOF remains at a similar level compared to 1 year ago.
The number of shares outstanding for KOF remains at a similar level compared to 5 years ago.
The debt/assets ratio for KOF has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.54 indicates that KOF is not in any danger for bankruptcy at the moment.
KOF's Altman-Z score of 3.54 is in line compared to the rest of the industry. KOF outperforms 56.25% of its industry peers.
KOF has a debt to FCF ratio of 3.13. This is a good value and a sign of high solvency as KOF would need 3.13 years to pay back of all of its debts.
KOF's Debt to FCF ratio of 3.13 is fine compared to the rest of the industry. KOF outperforms 71.88% of its industry peers.
A Debt/Equity ratio of 0.53 indicates that KOF is somewhat dependend on debt financing.
KOF has a Debt to Equity ratio (0.53) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | 3.13 | ||
| Altman-Z | 3.54 |
ROIC/WACC1.1
WACC12.25%
2.3 Liquidity
KOF has a Current Ratio of 1.24. This is a normal value and indicates that KOF is financially healthy and should not expect problems in meeting its short term obligations.
KOF has a Current ratio of 1.24. This is comparable to the rest of the industry: KOF outperforms 46.88% of its industry peers.
KOF has a Quick Ratio of 1.02. This is a normal value and indicates that KOF is financially healthy and should not expect problems in meeting its short term obligations.
KOF has a Quick ratio (1.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.02 |
3. Growth
3.1 Past
KOF shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 72.26%, which is quite impressive.
The Earnings Per Share has been growing slightly by 6.41% on average over the past years.
Looking at the last year, KOF shows a very negative growth in Revenue. The Revenue has decreased by -21.89% in the last year.
Measured over the past years, KOF shows a small growth in Revenue. The Revenue has been growing by 6.09% on average per year.
EPS 1Y (TTM)72.26%
EPS 3Y13.05%
EPS 5Y6.41%
EPS growth Q2Q-90.59%
Revenue 1Y (TTM)-21.89%
Revenue growth 3Y10.1%
Revenue growth 5Y6.09%
Revenue growth Q2Q4.09%
3.2 Future
KOF is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 23.18% yearly.
KOF is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 5.63% yearly.
EPS Next Y58.13%
EPS Next 2Y32.53%
EPS Next 3Y23.18%
EPS Next 5YN/A
Revenue Next Year8.05%
Revenue Next 2Y8.02%
Revenue Next 3Y6.92%
Revenue Next 5Y5.63%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
KOF is valuated rather expensively with a Price/Earnings ratio of 23.61.
68.75% of the companies in the same industry are more expensive than KOF, based on the Price/Earnings ratio.
KOF's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 25.20.
The Price/Forward Earnings ratio is 14.91, which indicates a correct valuation of KOF.
Based on the Price/Forward Earnings ratio, KOF is valued cheaply inside the industry as 81.25% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.63, KOF is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.61 | ||
| Fwd PE | 14.91 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, KOF is valued cheaper than 96.88% of the companies in the same industry.
KOF's Price/Free Cash Flow ratio is rather cheap when compared to the industry. KOF is cheaper than 81.25% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.2 | ||
| EV/EBITDA | 7.28 |
4.3 Compensation for Growth
KOF's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
KOF has a very decent profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as KOF's earnings are expected to grow with 23.18% in the coming years.
PEG (NY)0.41
PEG (5Y)3.68
EPS Next 2Y32.53%
EPS Next 3Y23.18%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.76%, KOF has a reasonable but not impressive dividend return.
KOF's Dividend Yield is rather good when compared to the industry average which is at 2.50. KOF pays more dividend than 93.75% of the companies in the same industry.
KOF's Dividend Yield is rather good when compared to the S&P500 average which is at 2.44.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
5.2 History
On average, the dividend of KOF grows each year by 11.77%, which is quite nice.
KOF has been paying a dividend for at least 10 years, so it has a reliable track record.
KOF has decreased its dividend in the last 3 years.
Dividend Growth(5Y)11.77%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
KOF pays out 52.35% of its income as dividend. This is a bit on the high side, but may be sustainable.
KOF's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP52.35%
EPS Next 2Y32.53%
EPS Next 3Y23.18%
COCA-COLA FEMSA SAB-SP ADR
NYSE:KOF (4/25/2024, 3:10:03 PM)
After market: 98.67 0 (0%)98.67
+3.08 (+3.22%)
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 Cap20.73B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.76% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
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 | 23.61 | ||
| Fwd PE | 14.91 | ||
| 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)0.41
PEG (5Y)3.68
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.57% | ||
| ROE | 18.46% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 13.57% | ||
| PM (TTM) | 7.76% | ||
| GM | 45.07% | ||
| 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 Turnover1.11
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.53 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.24 | ||
| Quick Ratio | 1.02 | ||
| 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)
Growth
EPS 1Y (TTM)72.26%
EPS 3Y13.05%
EPS 5Y
EPS growth Q2Q
EPS Next Y58.13%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-21.89%
Revenue growth 3Y10.1%
Revenue growth 5Y
Revenue growth 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
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y