FMX
Fomento Economico Mexicano SAB de CV
$130.46
▲ 0.3%Updated Today 3:42 PM ET
FMX at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 42/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▲ Up 22.6% over the last 12 months
Market Cap
$13.64B
P/E
8.28x
Forward P/E (est.)
9.1x
ROE
12.0%
Revenue Growth
6.8%
EPS Growth
-9.0%
Profit Margin
3.3%
FCF Yield
16.0%
Debt / Equity
1.05x
ROIC
—
Interest Coverage
—
Current Ratio
1.69x
Dividend Yield
1.7%
Implied Growth (rev. DCF)
-2.5%
Rating Score
42/100
Fomento Economico Mexicano SAB de CV (FMX) is a large-cap company in the Beverages industry, part of the Consumer Staples sector of the S&P 500, with a market value around $13.64B.
In its latest reported year it generated about $690.78M in revenue and $2.33B in net profit.
Our model rates FMX Neutral (42/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
3564.9% average over the last 3 years
±3889.0 pts around 8027.7% across 10 years
grew in 6 of the last 9 year-over-year periods
positive in 9 of 9 years
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what FMX's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. FMX trades near $130.46, above its 50-day average ($122.55) and 200-day average ($108.06). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 50 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. FMX's is $3.30 (~2.5% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month FMX found buyers near $120.38 (support) and sellers near $131.81 (resistance); its 52-week range is $83.08–$131.81. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.4× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
54.3%
Revenue moved from $59.39M in 2015 to $690.78M in 2024, a 31.3% compound annual growth rate. The most recent year grew a steady 6.8% year over year. Slower, mature growth is common for established businesses.
Gross Margin
2699.5%
Operating Margin
9.8%
Net Margin
337.8%
ROE
12.0%
Fomento Economico Mexicano SAB de CV keeps about 3.3% of each sales dollar as net profit, with a 2699.5% gross margin and 9.8% operating margin. Return on equity is 12.0%. Thin margins leave less cushion if costs rise.
Total Debt
$6.78B
Net Debt
$79.00M
Net Debt / EBITDA
—
Debt / Equity
1.05x
Leverage: debt-to-equity is 1.1x, with a current ratio of 1.7x. That is a moderate, manageable debt load for most businesses. It carries roughly $6.78B of total debt against $6.71B of cash.
Operating CF
$4.15B
Free Cash Flow
$1.61B
FCF Margin
233.7%
In the latest year Fomento Economico Mexicano SAB de CV produced about $4.15B of operating cash flow and $1.61B of free cash flow after capital spending. That is a free-cash-flow yield of about 16.0% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
1.7%
Total paid (latest FY)
$1.84B
History on record
10 years
dividend uses 114% of free cash flow
79% of net income paid out
total dividends increased 3 years in a row
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
8.28x
P/S
0.28x
P/B
2.37x
EV / EBITDA
—
FMX trades at 8.3x trailing earnings (about 9.1x on estimated forward earnings), 0.3x sales, and 2.4x book value. Reverse-engineering today's price implies the market expects roughly -2.5% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$9.06
Current price
$130.46
Starting FCF (latest 10-K)
$1.61B
Growth, years 1–5
6.8%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where FMX sits versus its Consumer Staples sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 48 Consumer Staples companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How FMX stacks up against its Consumer Staples peers — valuation, profitability, and growth versus the sector median.
In the Consumer Staples sector (74 S&P 500 companies), FMX ranks #32 of 74 by our overall rating. It trades at a discount versus the sector on earnings (8.3x P/E vs. 22.2x median) with a lower return on equity (12.0% vs. 18.1%) and faster revenue growth (6.8% vs. 3.4%).
P/E vs sector
8.3x
median 22.2x
ROE vs sector
12.0%
median 18.1%
Growth vs sector
6.8%
median 3.4%
Sector rank
#32
of 74 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Consumer Staples companies by sub-industry and size. Sector median is across all 74 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $130.46 today · expected CAGR -29% – -22%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $739.13M | $790.87M | $846.24M | $905.47M | $968.85M |
| Net income | $369.57M | $395.44M | $423.12M | $452.74M | $484.43M |
| EPS | $3.53 | $3.78 | $4.05 | $4.33 | $4.63 |
| Share price (low) | $17.67 | $18.91 | $20.23 | $21.65 | $23.16 |
| Share price (high) | $28.27 | $30.25 | $32.37 | $34.63 | $37.06 |
| CAGR (low–high) | -86% / -78% | -62% / -52% | -46% / -37% | -36% / -28% | -29% / -22% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for FMX:
- Healthy free-cash-flow yield (~16.0%) funds buybacks and dividends.
- As an established S&P 500 member in Consumer Staples, it brings scale and a long operating history.
The case against FMX:
- Thin net margins (3.3%) leave little room for error.
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Balance-sheet risk — debt/equity of 1.1x magnifies the impact of higher rates or weaker earnings.
Margin risk — thin profitability (3.3%) is vulnerable to cost or pricing pressure.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Fomento Economico Mexicano SAB de CV is a large-cap consumer staples business growing at a mature pace, with modest profitability, and a heavier debt load to watch. It trades at 8.3x earnings, which our model scores Neutral (42/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 21 Wall Street analysts covering FMX recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Latest SEC Filings
FMX's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
FMX — frequently asked questions
Is FMX a good stock to buy?
We don't give buy or sell advice. Our model rates Fomento Economico Mexicano SAB de CV Neutral (42/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is FMX's rating on The Stocks School?
Fomento Economico Mexicano SAB de CV currently scores 42/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does FMX's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Fomento Economico Mexicano SAB de CV's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for FMX calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this FMX analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell FMX. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.