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Fomento Economico Mexicano SAB de CV (FMX)

Stock Price: $59.14 USD 0.74 (1.27%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 12.78B
Revenue (ttm) 1.20B
Net Income (ttm) 66.52M
Shares Out 357.82M
EPS (ttm) 2.28
PE Ratio 25.94
Forward PE 78.13
Dividend $1.51
Dividend Yield 2.55%

Stock Quote

Trading Day Aug 11, 2020
Last Price $59.14
Previous Close $58.40
Change ($) 0.74
Change (%) 1.27%
Day's Open 59.37
Day's Range 59.03 - 60.66
Day's Volume 608,259
52-Week Range 55.40 - 98.05

More Stats

Market Cap 12.78B
Enterprise Value 13.07B
Earnings Date (est) Oct 23, 2020
Ex-Dividend Date n/a
Shares Outstanding 357.82M
Float 329.93M
EPS (basic) n/a
EPS (diluted) 2.28
FCF / Share 0.56
Dividend $1.51
Dividend Yield 2.55%
Earnings Yield 3.86%
FCF Yield 0.95%
Payout Ratio n/a
Shares Short 544,319
Short Ratio 1.04
Short % of Float n/a
Beta 0.26
PE Ratio 25.94
Forward PE 78.13
P/FCF Ratio 105.18
PS Ratio 10.64
PB Ratio 1.90
Revenue 1.20B
Operating Income 117.76M
Net Income 66.52M
Free Cash Flow 121.51M
Net Cash -283.80M
Net Cash / Share -1.31
Gross Margin 37.79%
Operating Margin 9.80%
Profit Margin 5.50%
FCF Margin 10.12%
ROA 3.36%
ROE 4.28%
ROIC n/a
Key stats in USD, based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (20)

Buy 13
Overweight 2
Hold 4
Underweight 1
Sell 0

Analyst Consensus: Buy

Price Target

$79.35*
(34.18% upside)
Low
52.5
Current: $59.14
High
98.8
Target: 79.35
*Average 12-month USD price target from 19 stock analysts.

Financial Performance

Financial numbers in millions MXN.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue26,867469,744439,932399,507311,589263,449258,097238,309201,540169,702
Revenue Growth-94.28%6.78%10.12%28.22%18.27%2.07%8.3%18.24%18.76%-
Gross Profit10,153175,170162,090148,204123,179110,171109,654101,30084,29670,970
Operating Income2,63443,28440,98837,92735,09930,91130,11729,66225,43922,529
Net Income1,48831,14335,02627,17517,68316,70115,92220,70715,33240,251
Shares Outstanding2,1612,1612,1612,1612,1612,1612,1612,1612,161-
Earnings Per Share-0.700.8010.508.808.307.9010.307.60-
EPS Growth--12.5%-92.38%19.32%6.02%5.06%-23.3%35.53%--
Dividend Per Share1.511.491.361.411.41-3.151.411.170.64
Dividend Growth1.34%9.46%-2.99%-0.57%--123.86%20.65%83.49%-
Operating Cash Flow3,89959,53252,09461,45245,48543,27437,70738,80027,66618,929
Capital Expenditures-1,181-21,117-18,993-18,509-16,855-16,776-16,128-14,482-11,511-8,966
Free Cash Flow2,71838,41533,10142,94328,63026,49821,57924,31816,1559,963
Cash & Equivalents4,19393,84999,86046,46231,83338,23831,36240,66228,18827,180
Total Debt10,541139,789147,224154,15197,06889,67882,76141,23033,02028,936
Net Cash / Debt-6,348-45,940-47,364-107,689-65,235-51,440-51,399-568-4,832-1,756
Assets33,804576,381588,541545,623409,332376,173359,192295,942263,362214,695
Liabilities16,532240,839251,629259,453167,476146,051136,64285,78171,19161,297
Book Value13,361257,053250,291211,904181,524170,473159,392155,259144,222121,877
Numbers in millions MXN, except per-share numbers.

Company Profile

Company Details

Full Name Fomento Economico Mexicano SAB de CV
Country Mexico
Employees 321,995
CEO Miguel Eduardo Padilla Silva

Stock Information

Ticker Symbol FMX
Stock Exchange New York Stock Exchange
Sector Consumer Defensive
Industry Beverages—Brewers
Unique Identifier NYSE: FMX
IPO Date May 11, 1998

Description

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, including low-sugar or sugar-free carbonated beverages; refreshing juices, nectars, and fruit-based drinks; purified, and carbonated and flavored water; coffees, teas, and sports and energy drinks; and dairy products and products based on vegetable protein. It also operates small-box retail chain stores in Mexico, Colombia, Peru, the United States, 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 coolers, commercial refrigeration equipment, and plastic cases; food processing, preservation, and weighing equipment; and provision of logistic transportation and maintenance, point-of-sale refrigeration, and plastics solutions. As of December 31, 2019, it operated 19,330 OXXO small-format stores in Mexico, Colombia, Chile, and Peru; 3,161 drugstores in Mexico, Chile, Colombia, and Ecuador; and 545 OXXO GAS service stations. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is based in Monterrey, Mexico.