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Fomento Economico Mexicano

Company price
132.2 USD -0.33 ( 0.25%)
Last update at 2026-11-12T15:39:00Z
VOLUME
63324
Market Cap
41426.87M
P/E
23.43

Momentum Score

…

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. The company operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. The company also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States 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, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok." brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

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Day Price Range
130.50
Low
133.98
High
52 Week Price Range
84.84
Low
141.47
High

Momentum Score

…
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Fomento Económico Mexicano (FEMSA) operates Coca‑Cola bottling, the OXXO convenience‑store chain and logistics businesses across Latin America. Long-term growth may be driven by OXXO store expansion, beverage volume and pricing recovery, and efficiency gains from integrated distribution, making the company appealing for exposure to regional retail and beverage cash flows.
Major risks include sensitivity to Mexican and regional economic cycles and currencies, competitive pressure in retail and beverages, commodity cost volatility, and regulatory or tax changes.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
132.53
Dividend Yield
-
Revenue TTM
872837.28M
Revenue Per Share
2576.87
Gross Profit TTM
353556.23M
Debt / Equity
1.05
ROE
14.75%
Net Debt
8297.04M
ROCE
12.63%
Diluted EPS TTM
5.19

Insight Announcement

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 2847.77M 74654.21M 56019.89M 41872.00M 41276.00M
Minority interest - -13501.00M -12051.00M -10834.00M -9183.00M
Net income 1077.84M 25703.17M 64040.85M 24757.00M 28495.00M
Selling general administrative 2181.36M 39126.00M 32307.00M 34486.00M 27219.00M
Selling and marketing expenses 12720.60M 211966.00M 188732.00M 157340.00M 134079.00M
Gross profit 18947.22M 363220.96M 270723.10M 251668.00M 213713.00M
Reconciled depreciation - 39310.00M 34017.00M 30527.00M 27987.00M
Ebit 4103.17M 94264.69M 72240.38M 31388.00M 28913.00M
Ebitda 5664.69M 139031.70M 105433.70M 61915.00M 56900.00M
Depreciation and amortization 1561.52M 44767.02M 33193.32M 30527.00M 27987.00M
Operating income 4103.17M 80227.59M 55969.14M 31388.00M 28913.00M
Other operating expenses 42544.55M 809857.06M 629708.01M 613786.00M 504268.00M
Interest expense 1108.34M 18479.63M 15824.33M 16314.00M 16938.00M
Tax provision 19860.00M 25433.00M 19702.00M 13546.76M 14278.00M
Interest income 16832.00M 11910.00M 14111.00M 5192.62M 1464.00M
Net interest income - -5667.00M 2419.00M -12651.00M -14698.00M
Extraordinary items 1574.00M 115.00M 32238.00M - -
Income tax expense 1101.63M 28963.61M 12656.92M 13547.00M 14278.00M
Total revenue 46647.72M 890084.66M 685677.16M 673202.00M 556261.00M
Total operating expenses 14844.05M 282993.36M 214753.95M 192252.00M 161720.00M
Cost of revenue 27700.50M 526863.70M 414954.06M 421534.00M 342548.00M
Total other income expense net -1255.40M -5573.39M 50.74M 10484.00M 12363.00M
Net income from continuing ops - 40121.00M 51828.00M 35591.00M 37678.00M
Net income applicable to common shares 19431.00M 26735.00M 65689.00M 24757.97M 28495.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 44147.30M 852207.00M 805836.00M 798815.00M 737500.00M
Intangible assets 5522.91M 146418.00M 98462.00M 105068.00M 100787.00M
Other current assets 2070.31M 48609.00M 67291.00M 11689.00M 2733.00M
Total liab 25878.14M 469623.00M 426708.00M 536211.00M 474899.00M
Total stockholder equity 13611.30M 382584.00M 379128.00M 262604.00M 262601.00M
Other current liab 4454.85M 182413.00M 162642.00M 143363.00M 122809.00M
Common stock 158.59M 382584.00M 2981.05M 3347.00M 3348.00M
Capital stock - 3261.00M 3348.00M 3347.00M 3348.00M
Retained earnings 15491.62M 306400.00M 304653.00M 251192.00M 238306.00M
Other liab - - - 29470.00M 31055.00M
Good will 2561.46M 46624.00M 45522.00M 85704.00M 57351.00M
Other assets 36843.00M 671.00M 43075.00M 52908.00M 49562.00M
Cash 5989.65M 139834.00M 165112.00M 39598.00M 32145.00M
Cash and equivalents 53268.00M 91262.00M 74998.00M 43841.00M 65262.00M
Total current liabilities 11649.48M 205260.00M 186286.00M 176922.00M 136723.00M
Current deferred revenue - -173239.00M 9666.00M - -91384.00M
Net debt 8297.04M 116457.00M 67787.00M 103883.00M 87090.00M
Short term debt 1989.27M 22847.00M 23644.00M 1862.00M 2003.00M
Short long term debt - 6722.00M 8451.00M 16333.00M 4640.00M
Short long term debt total 14286.69M 256291.00M 232899.00M 280639.00M 246851.00M
Other stockholder equity -947.10M 9573.00M 17965.94M -9649.00M 3085.00M
Property plant equipment 289215.00M 275471.00M 229471.00M 217967.00M 172141.00M
Total current assets 15704.44M 342311.00M 356216.00M 226449.00M 230718.00M
Long term investments - 37001.00M 35348.00M 103669.00M 107299.00M
Net tangible assets - - - 71061.00M 176679.00M
Short term investments 1111.73M 43212.00M 26728.00M 51.00M 24415.00M
Net receivables 2680.26M 43192.00M 38863.00M 37093.00M 28613.00M
Long term debt 126992.00M 141482.00M 128373.00M 173400.00M 185945.00M
Inventory 3852.50M 67464.00M 58222.00M 62224.00M 50896.00M
Accounts payable 5205.36M 96912.00M 81518.00M 78400.00M 93352.00M
Accumulated other comprehensive income -1091.83M -9573.00M -21740.00M -9649.00M 3085.00M
Non currrent assets other 2901.86M 58721.00M 196005.00M 60168.00M 69204.00M
Non current assets total 28442.85M 509896.00M 449620.00M 572158.00M 506782.00M
Capital lease obligations - 108095.00M 96073.00M 93317.00M 62354.00M
Long term debt total 221695.00M 235781.00M 212210.00M 254622.00M 240994.00M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -33122.00M 132292.00M -46432.00M -46175.00M
Change to liabilities - - - 13339.00M 19931.00M
Total cashflows from investing activities -496.71M -33122.00M 132292.00M -46432.00M -45630.00M
Net borrowings - -17279.00M -41636.00M -3094.00M -6146.00M
Total cash from financing activities -4329.37M -84049.00M -92552.00M -35898.00M -36989.00M
Change to operating activities - - - 1963.00M -77.00M
Net income 1077.84M 26735.00M 89648.00M 49138.00M 51956.00M
Change in cash -735.42M -25278.00M 81673.00M -13968.00M -10217.00M
Begin period cash flow 6734.83M 165112.00M 83439.00M 97407.00M 107624.00M
End period cash flow 5999.40M 139834.00M 165112.00M 83439.00M 97407.00M
Total cash from operating activities 3646.23M 72487.00M 49679.00M 72576.00M 73090.00M
Depreciation 40291.00M 39310.00M 34017.00M 30527.00M 27987.00M
Other cashflows from investing activities -496.71M 18077.00M 33785.00M -13992.00M -23599.00M
Dividends paid 2597.47M 25080.00M 18798.00M -17506.00M -13399.00M
Change to inventory -171.01M -6720.00M -6442.00M -7726.00M -7835.00M
Change to account receivables -404.35M -9761.00M -12125.00M -7777.00M -6050.00M
Sale purchase of stock -808.87M -20311.00M 0.00M - -
Other cashflows from financing activities -1418.11M -21379.00M -32118.00M 887.00M 22444.00M
Change to netincome - - - 18341.00M 10639.00M
Capital expenditures 2003.16M 43682.00M 38120.00M 32440.00M 20299.00M
Change in working capital -1290.17M -19868.00M -1973.00M -201.00M 5969.00M
Stock based compensation - 947.00M 943.00M - -
Other non cash items 3858.56M 25363.00M -72013.00M -6888.00M -12822.00M
Free cash flow 1643.06M 28805.00M 11559.00M 40136.00M 52791.00M

Peer Comparison*

Sector: Consumer Defensive Industry: Beverages - Brewers

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
FMX
Fomento Economico Mexicano
-0.33
0.25%
132.20 23.43 89.29 0.05 3.22 0.96 9.85
BUD
Anheuser Busch Inbev NV ADR
0.90
1.06%
84.97 21.47 17.61 2.39 1.67 3.49 9.94
BUDFF
Anheuser-Busch InBev SA/NV
-
-%
83.90 21.54 17.39 2.39 1.65 3.49 9.94
HINKF
Heineken N.V
-
-%
93.15 20.24 16.16 1.92 2.69 2.58 12.55
ABEV
Ambev SA ADR
-0.02
0.71%
2.78 15.10 13.33 0.53 2.70 2.60 7.74

Profile*

Fomento Economico Mexicano

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. The company operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. The company also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States 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, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok." brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.

General Anaya No. 601 Pte., Monterrey, NL, Mexico, 64410

52 818 328 6000

381480

Name Title Year Born
Mr. Jose Antonio Vicente Fernandez Carbajal Exec. Chairman 1954
Mr. Daniel Alberto Rodríguez Cofré Chief Exec. Officer 1965
Mr. Eugenio Garza Y. Garza Chief Corp. Financial Officer, Director of Fin. & Corp. Devel. 1971
Mr. Gerardo Estrada Attolini VP of Admin. & Corp. Control 1957
Mr. Juan F. Fonseca VP of Investor Relations NA
Mr. Raymundo Yutani Vela Director of HR NA
Mr. Alfonso Garza Garza CEO of Negocios Estratégicos, CEO of Strategic Bus.es & Director 1962
Mr. Francisco Camacho Beltrán Chief Corp. Officer 1965
Mr. Jose Antonio Fernandez Garza-Laguera Chief Exec. Officer of Digital Division NA
Mr. Carlos Arenas Cadena Chief Exec. Officer of Proximity Division 1962

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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