Fomento Económico Mexicano, SAB de CV (FMX)

NYSE: FMX · IEX Real-Time Price · USD
+1.48 (1.36%)
Oct 2, 2023, 4:00 PM EDT - Market closed

Total Valuation

FMX has a market cap or net worth of $197.93 billion. The enterprise value is $207.55 billion.

Market Cap 197.93B
Enterprise Value 207.55B

Important Dates

The next estimated earnings date is Friday, October 27, 2023, before market open.

Earnings Date Oct 27, 2023
Ex-Dividend Date Nov 3, 2023

Share Statistics

FMX has 1.79 billion shares outstanding.

Shares Outstanding 1.79B
Owned by Insiders (%) n/a
Owned by Institutions (%) 36.46%
Float n/a

Valuation Ratios

The trailing PE ratio is 29.74 and the forward PE ratio is 16.78. FMX's PEG ratio is 1.56.

PE Ratio 29.74
Forward PE 16.78
PS Ratio 5.65
Forward PS n/a
PB Ratio 12.99
P/FCF Ratio 55.06
PEG Ratio 1.56
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 42.57, with an EV/FCF ratio of 58.52.

EV / Earnings 169.11
EV / Sales 6.01
EV / EBITDA 42.57
EV / EBIT 66.36
EV / FCF 58.52

Financial Position

The company has a current ratio of 1.28, with a Debt / Equity ratio of 1.18.

Current Ratio 1.28
Quick Ratio 0.79
Debt / Equity 1.18
Debt / EBITDA 3.63
Debt / FCF 4.99
Interest Coverage 3.35

Financial Efficiency

Return on equity (ROE) is 9.10% and return on invested capital (ROIC) is 8.60%.

Return on Equity (ROE) 9.10%
Return on Assets (ROA) 3.10%
Return on Capital (ROIC) 8.60%
Revenue Per Employee $97,538
Profits Per Employee $3,464
Employee Count 354,309
Asset Turnover 0.88
Inventory Turnover 8.61


In the past 12 months, FMX has paid $824.36 million in taxes.

Income Tax 824.36M
Effective Tax Rate 40.18%

Stock Price Statistics

The stock price has increased by +72.48% in the last 52 weeks. The beta is 0.45, so FMX's price volatility has been lower than the market average.

Beta (1Y) 0.45
52-Week Price Change +72.48%
50-Day Moving Average 111.44
200-Day Moving Average 98.49
Relative Strength Index (RSI) 56.96
Average Volume (30 Days) 494,877

Short Selling Information

Short Interest 616,854
Short Previous Month 1.03M
Short % of Shares Out 0.10%
Short % of Float n/a
Short Ratio (days to cover) 1.10

Income Statement

In the last 12 months, FMX had revenue of $34.56 billion and earned $1.23 billion in profits. Earnings per share was $0.68.

Revenue 34.56B
Gross Profit 14.41B
Operating Income 3.43B
Pretax Income 2.19B
Net Income 1.23B
EBIT 3.13B
Earnings Per Share (EPS) $0.68
Full Income Statement

Balance Sheet

The company has $5.43 billion in cash and $17.70 billion in debt, giving a net cash position of -$12.27 billion or -$6.86 per share.

Cash & Cash Equivalents 5.43B
Total Debt 17.70B
Net Cash -12.27B
Net Cash Per Share -$6.86
Equity / Book Value 15.04B
Book Value Per Share 8.41
Working Capital 2.84B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $5.25 billion and capital expenditures -$1.70 billion, giving a free cash flow of $3.55 billion.

Operating Cash Flow 5.25B
Capital Expenditures -1.70B
Free Cash Flow 3.55B
FCF Per Share $9.91
Full Cash Flow Statement


Gross margin is 41.70%, with operating and profit margins of 9.92% and 3.55%.

Gross Margin 41.70%
Operating Margin 9.92%
Pretax Margin 6.35%
Profit Margin 3.55%
EBITDA Margin 14.11%
EBIT Margin 9.05%
FCF Margin 10.26%

Dividends & Yields

This stock pays an annual dividend of $0.14, which amounts to a dividend yield of 0.13%.

Dividend Per Share $0.14
Dividend Yield 0.13%
Earnings Yield 0.63%
FCF Yield 1.82%
Dividend Growth (YoY) 15.87%
Payout Ratio 20.72%
Buyback Yield n/a
Shareholder Yield 0.13%
Dividend Details

Analyst Forecast

The average price target for FMX is $116.64, which is 5.43% higher than the current price. The consensus rating is "Buy".

Price Target $116.64
Price Target Difference 5.43%
Analyst Consensus Buy
Analyst Count 5
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on May 31, 2007. It was a forward split with a ratio of 3:1.

Last Split Date May 31, 2007
Split Type Forward
Split Ratio 3:1