FOMENTO ECONOMICO MEX-SP ADR (FMX) Stock Fundamental Analysis

NYSE:FMX • US3444191064

113.17 USD
+0.44 (+0.39%)
At close: Feb 26, 2026
113.17 USD
0 (0%)
After Hours: 2/26/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

4

FMX gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 33 industry peers in the Beverages industry. FMX has an average financial health and profitability rating. FMX is valued quite cheap, but it does not seem to be growing.


Dividend Valuation Growth Profitability Health

4

1. Profitability

1.1 Basic Checks

  • FMX had positive earnings in the past year.
  • FMX had a positive operating cash flow in the past year.
  • FMX had positive earnings in 4 of the past 5 years.
  • FMX had a positive operating cash flow in 4 of the past 5 years.
FMX Yearly Net Income VS EBIT VS OCF VS FCFFMX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B

1.2 Ratios

  • With a Return On Assets value of 2.02%, FMX is not doing good in the industry: 60.61% of the companies in the same industry are doing better.
  • FMX has a Return On Equity (6.65%) which is in line with its industry peers.
  • FMX has a Return On Invested Capital (8.26%) which is in line with its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for FMX is below the industry average of 11.72%.
  • The last Return On Invested Capital (8.26%) for FMX is above the 3 year average (6.90%), which is a sign of increasing profitability.
Industry RankSector Rank
ROA 2.02%
ROE 6.65%
ROIC 8.26%
ROA(3y)4.76%
ROA(5y)3.57%
ROE(3y)13.24%
ROE(5y)9.95%
ROIC(3y)6.9%
ROIC(5y)6.43%
FMX Yearly ROA, ROE, ROICFMX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 5 10 15 20

1.3 Margins

  • FMX has a Profit Margin of 1.96%. This is in the lower half of the industry: FMX underperforms 60.61% of its industry peers.
  • FMX's Profit Margin has declined in the last couple of years.
  • FMX has a Operating Margin of 8.38%. This is in the lower half of the industry: FMX underperforms 63.64% of its industry peers.
  • FMX's Operating Margin has been stable in the last couple of years.
  • The Gross Margin of FMX (41.14%) is comparable to the rest of the industry.
  • FMX's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 8.38%
PM (TTM) 1.96%
GM 41.14%
OM growth 3Y-4.5%
OM growth 5Y-1.29%
PM growth 3Y-12.59%
PM growth 5Y-3.49%
GM growth 3Y2.3%
GM growth 5Y1.71%
FMX Yearly Profit, Operating, Gross MarginsFMX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

4

2. Health

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so FMX is still creating some value.
  • There is no outstanding debt for FMX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
FMX Yearly Shares OutstandingFMX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 100M 200M 300M
FMX Yearly Total Debt VS Total AssetsFMX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 200B 400B 600B 800B

2.2 Solvency

  • FMX has an Altman-Z score of 2.61. This is not the best score and indicates that FMX is in the grey zone with still only limited risk for bankruptcy at the moment.
  • The Altman-Z score of FMX (2.61) is comparable to the rest of the industry.
  • FMX has a debt to FCF ratio of 8.08. This is a slightly negative value and a sign of low solvency as FMX would need 8.08 years to pay back of all of its debts.
  • FMX has a Debt to FCF ratio (8.08) which is comparable to the rest of the industry.
  • FMX has a Debt/Equity ratio of 0.92. This is a neutral value indicating FMX is somewhat dependend on debt financing.
  • FMX's Debt to Equity ratio of 0.92 is on the low side compared to the rest of the industry. FMX is outperformed by 63.64% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 8.08
Altman-Z 2.61
ROIC/WACC1.21
WACC6.84%
FMX Yearly LT Debt VS Equity VS FCFFMX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

2.3 Liquidity

  • FMX has a Current Ratio of 1.34. This is a normal value and indicates that FMX is financially healthy and should not expect problems in meeting its short term obligations.
  • With a Current ratio value of 1.34, FMX perfoms like the industry average, outperforming 57.58% of the companies in the same industry.
  • A Quick Ratio of 1.05 indicates that FMX should not have too much problems paying its short term obligations.
  • FMX has a better Quick ratio (1.05) than 69.70% of its industry peers.
Industry RankSector Rank
Current Ratio 1.34
Quick Ratio 1.05
FMX Yearly Current Assets VS Current LiabilitesFMX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 100B 200B 300B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

3

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an impressive 85.18% over the past year.
  • The Earnings Per Share has been growing by 46.20% on average over the past years. This is a very strong growth
EPS 1Y (TTM)85.18%
EPS 3Y46.2%
EPS 5YN/A
EPS Q2Q%415.79%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-5.46%

3.2 Future

  • FMX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -49.66% yearly.
  • FMX is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.99% yearly.
EPS Next Y-58.39%
EPS Next 2Y-30.86%
EPS Next 3YN/A
EPS Next 5Y-49.66%
Revenue Next Year7.66%
Revenue Next 2Y7.29%
Revenue Next 3Y8.46%
Revenue Next 5Y4.99%

3.3 Evolution

  • The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
FMX Yearly Revenue VS EstimatesFMX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 200B 400B 600B 800B 1T
FMX Yearly EPS VS EstimatesFMX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2030 2031 2032 0 200 400 600 800 1K

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Find the best growth stocksShow best growing peers

7

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 1.79, which indicates a rather cheap valuation of FMX.
  • FMX's Price/Earnings ratio is rather cheap when compared to the industry. FMX is cheaper than 96.97% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 27.11. FMX is valued rather cheaply when compared to this.
  • The Price/Forward Earnings ratio is 4.31, which indicates a rather cheap valuation of FMX.
  • 93.94% of the companies in the same industry are more expensive than FMX, based on the Price/Forward Earnings ratio.
  • The average S&P500 Price/Forward Earnings ratio is at 28.13. FMX is valued rather cheaply when compared to this.
Industry RankSector Rank
PE 1.79
Fwd PE 4.31
FMX Price Earnings VS Forward Price EarningsFMX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of FMX indicates a rather cheap valuation: FMX is cheaper than 90.91% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of FMX indicates a somewhat cheap valuation: FMX is cheaper than 72.73% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 21.07
EV/EBITDA 6.65
FMX Per share dataFMX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 20 40 60 80 100

4.3 Compensation for Growth

  • A cheap valuation may be justified as FMX's earnings are expected to decrease with -30.86% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-30.86%
EPS Next 3YN/A

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Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

4

5. Dividend

5.1 Amount

  • FMX has a Yearly Dividend Yield of 1.73%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.75, FMX has a dividend in line with its industry peers.
  • FMX's Dividend Yield is comparable with the S&P500 average which is at 1.80.
Industry RankSector Rank
Dividend Yield 1.73%

5.2 History

  • On average, the dividend of FMX grows each year by 12.97%, which is quite nice.
  • FMX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • FMX has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)12.97%
Div Incr Years3
Div Non Decr Years3
FMX Yearly Dividends per shareFMX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2 4 6

5.3 Sustainability

  • FMX pays out 264.38% of its income as dividend. This is not a sustainable payout ratio.
  • The Dividend Rate of FMX has been growing, while earnings will be declining. This means the dividend growth is most likely not sustainable.
DP264.38%
EPS Next 2Y-30.86%
EPS Next 3YN/A
FMX Yearly Income VS Free CF VS DividendFMX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 20B 40B 60B
FMX Dividend Payout.FMX Dividend Payout, showing the Payout Ratio.FMX Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

FOMENTO ECONOMICO MEX-SP ADR

NYSE:FMX (2/26/2026, 8:04:00 PM)

After market: 113.17 0 (0%)

113.17

+0.44 (+0.39%)

Chartmill FA Rating
GICS SectorConsumer Staples
GICS IndustryGroupFood, Beverage & Tobacco
GICS IndustryBeverages
Earnings (Last)02-25
Earnings (Next)04-27
Inst Owners19.96%
Inst Owner Change-3.51%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap39.10B
Revenue(TTM)N/A
Net Income(TTM)16.30B
Analysts81
Price Target109.99 (-2.81%)
Short Float %2.18%
Short Ratio1.9
Dividend
Industry RankSector Rank
Dividend Yield 1.73%
Yearly Dividend4.1
Dividend Growth(5Y)12.97%
DP264.38%
Div Incr Years3
Div Non Decr Years3
Ex-Date01-16
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-26.2%
Min EPS beat(2)-26.96%
Max EPS beat(2)-25.44%
EPS beat(4)1
Avg EPS beat(4)3.5%
Min EPS beat(4)-26.96%
Max EPS beat(4)74.12%
EPS beat(8)3
Avg EPS beat(8)-1.52%
EPS beat(12)5
Avg EPS beat(12)-5.99%
EPS beat(16)7
Avg EPS beat(16)-4.15%
Revenue beat(2)0
Avg Revenue beat(2)-3.71%
Min Revenue beat(2)-4.66%
Max Revenue beat(2)-2.76%
Revenue beat(4)0
Avg Revenue beat(4)-2.86%
Min Revenue beat(4)-4.66%
Max Revenue beat(4)-0.61%
Revenue beat(8)0
Avg Revenue beat(8)-3.38%
Revenue beat(12)1
Avg Revenue beat(12)-3.29%
Revenue beat(16)5
Avg Revenue beat(16)4.13%
PT rev (1m)4.93%
PT rev (3m)11.1%
EPS NQ rev (1m)-9.86%
EPS NQ rev (3m)-10.91%
EPS NY rev (1m)0%
EPS NY rev (3m)-14.94%
Revenue NQ rev (1m)-1.03%
Revenue NQ rev (3m)-1.68%
Revenue NY rev (1m)-0.36%
Revenue NY rev (3m)-1.95%
Valuation
Industry RankSector Rank
PE 1.79
Fwd PE 4.31
P/S 0.81
P/FCF 21.07
P/OCF 8.65
P/B 2.74
P/tB 6.76
EV/EBITDA 6.65
EPS(TTM)63.05
EY55.71%
EPS(NY)26.24
Fwd EY23.18%
FCF(TTM)5.37
FCFY4.75%
OCF(TTM)13.08
OCFY11.56%
SpS139.93
BVpS41.32
TBVpS16.75
PEG (NY)N/A
PEG (5Y)N/A
Graham Number242.11
Profitability
Industry RankSector Rank
ROA 2.02%
ROE 6.65%
ROCE 11.86%
ROIC 8.26%
ROICexc 11.11%
ROICexgc 16.67%
OM 8.38%
PM (TTM) 1.96%
GM 41.14%
FCFM 3.84%
ROA(3y)4.76%
ROA(5y)3.57%
ROE(3y)13.24%
ROE(5y)9.95%
ROIC(3y)6.9%
ROIC(5y)6.43%
ROICexc(3y)9.14%
ROICexc(5y)8.34%
ROICexgc(3y)13.65%
ROICexgc(5y)12.47%
ROCE(3y)9.94%
ROCE(5y)9.26%
ROICexgc growth 3Y6.94%
ROICexgc growth 5Y4.64%
ROICexc growth 3Y7.84%
ROICexc growth 5Y5.63%
OM growth 3Y-4.5%
OM growth 5Y-1.29%
PM growth 3Y-12.59%
PM growth 5Y-3.49%
GM growth 3Y2.3%
GM growth 5Y1.71%
F-Score5
Asset Turnover1.03
Health
Industry RankSector Rank
Debt/Equity 0.92
Debt/FCF 8.08
Debt/EBITDA 1.99
Cap/Depr 105.14%
Cap/Sales 5.51%
Interest Coverage 4.21
Cash Conversion 68.63%
Profit Quality 195.62%
Current Ratio 1.34
Quick Ratio 1.05
Altman-Z 2.61
F-Score5
WACC6.84%
ROIC/WACC1.21
Cap/Depr(3y)114.57%
Cap/Depr(5y)98.32%
Cap/Sales(3y)5.72%
Cap/Sales(5y)5.02%
Profit Quality(3y)68.55%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)85.18%
EPS 3Y46.2%
EPS 5YN/A
EPS Q2Q%415.79%
EPS Next Y-58.39%
EPS Next 2Y-30.86%
EPS Next 3YN/A
EPS Next 5Y-49.66%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%-5.46%
Revenue Next Year7.66%
Revenue Next 2Y7.29%
Revenue Next 3Y8.46%
Revenue Next 5Y4.99%
EBIT growth 1Y-3.79%
EBIT growth 3Y6.96%
EBIT growth 5Y7.64%
EBIT Next Year70.66%
EBIT Next 3Y26.36%
EBIT Next 5Y17.05%
FCF growth 1Y18.8%
FCF growth 3Y-21.83%
FCF growth 5Y-7.49%
OCF growth 1Y18.71%
OCF growth 3Y-0.28%
OCF growth 5Y3.3%

FOMENTO ECONOMICO MEX-SP ADR / FMX FAQ

What is the fundamental rating for FMX stock?

ChartMill assigns a fundamental rating of 4 / 10 to FMX.


What is the valuation status of FOMENTO ECONOMICO MEX-SP ADR (FMX) stock?

ChartMill assigns a valuation rating of 7 / 10 to FOMENTO ECONOMICO MEX-SP ADR (FMX). This can be considered as Undervalued.


What is the profitability of FMX stock?

FOMENTO ECONOMICO MEX-SP ADR (FMX) has a profitability rating of 4 / 10.


What is the valuation of FOMENTO ECONOMICO MEX-SP ADR based on its PE and PB ratios?

The Price/Earnings (PE) ratio for FOMENTO ECONOMICO MEX-SP ADR (FMX) is 1.79 and the Price/Book (PB) ratio is 2.74.


What is the expected EPS growth for FOMENTO ECONOMICO MEX-SP ADR (FMX) stock?

The Earnings per Share (EPS) of FOMENTO ECONOMICO MEX-SP ADR (FMX) is expected to decline by -58.39% in the next year.