FMX 📈 Fomento Economico Mexicano - Overview

Exchange: NYSE • Country: Mexico • Currency: USD • Type: Common Stock • ISIN: US3444191064

FMX: Beverages, Retail Stores, Fuels, Drugstores, Equipment, Logistics, Food

Fomento Económico Mexicano, S.A.B. de C.V., also known as FEMSA, is a multinational company that operates as a leading bottler of Coca-Cola trademark beverages. Through its subsidiaries, the company produces, markets, and distributes Coca-Cola products in 10 countries across Central and South America, including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.

In addition to its beverage business, FEMSA operates a chain of small-box retail stores under the OXXO brand, with over 2,000 locations in Mexico, Colombia, Peru, Chile, and Brazil. These stores offer a wide range of products, including food, beverages, and other convenience items. The company also operates retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS brand in Mexico.

FEMSA's retail portfolio also includes a network of drugstores in Chile, Colombia, Ecuador, and Mexico, operating under various brand names such as Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon. These stores offer a wide range of health and wellness products, as well as beauty and personal care items.

Beyond its retail and beverage businesses, FEMSA is also involved in the production and distribution of various products, including coolers, commercial refrigeration equipment, plastic boxes, food processing equipment, and preservation and weighing equipment. The company also provides logistics and transportation services, point-of-sale refrigeration solutions, and plastics solutions, as well as a distribution platform for cleaning products and consumables.

In Europe, FEMSA operates a chain of small-box retail and food convenience stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands, under various brand names such as k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok.'. The company also produces and distributes pretzels under the Ditsch brand.

Founded in 1890, FEMSA is headquartered in Monterrey, Mexico, and has a long history of growth and expansion across the Americas and Europe. Today, the company is a leading player in the beverage and retail industries, with a strong presence in multiple markets and a commitment to innovation and customer satisfaction.

Additional Sources for FMX Stock

FMX Stock Overview

Market Cap in USD 156,787m
Sector Consumer Defensive
Industry Beverages - Brewers
GiC Industry Beverages
TER 0.00%
IPO / Inception 1998-05-11

FMX Stock Ratings

Growth 5y 11.8%
Fundamental 47.2%
Dividend 59.8%
Rel. Performance Sector -5.1
Analysts 3.83/5
Fair Price Momentum 75.79 USD
Fair Price DCF 1281.98 USD

FMX Dividends

Dividend Yield 12m 3.49%
Yield on Cost 5y 3.80%
Annual Growth 5y 6.45%
Payout Consistency 87.05%

FMX Growth Ratios

Growth Correlation 3m -93.8%
Growth Correlation 12m -94%
Growth Correlation 5y 74.3%
CAGR 5y 1.74%
CAGR/Mean DD 5y 0.10
Sharpe Ratio 12m -1.26
Alpha -51.46
Beta 0.66
Volatility 24.10%
Current Volume 674.3k
Average Volume 20d 652.3k
What is the price of FMX stocks?
As of December 04, 2024, the stock is trading at USD 89.23 with a total of 674,262 shares traded.
Over the past week, the price has changed by +1.90%, over one month by -8.59%, over three months by -10.39% and over the past year by -27.22%.
Is Fomento Economico Mexicano a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Fomento Economico Mexicano (NYSE:FMX) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 47.17 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of FMX as of December 2024 is 75.79. This means that FMX is currently overvalued and has a potential downside of -15.06%.
Is FMX a buy, sell or hold?
Fomento Economico Mexicano has received a consensus analysts rating of 3.83. Therefor, it is recommend to buy FMX.
  • Strong Buy: 3
  • Buy: 4
  • Hold: 5
  • Sell: 0
  • Strong Sell: 0
What are the forecast for FMX stock price target?
According to ValueRays Forecast Model, FMX Fomento Economico Mexicano will be worth about 82.7 in December 2025. The stock is currently trading at 89.23. This means that the stock has a potential downside of -7.35%.
Issuer Forecast Upside
Wallstreet Target Price 125.5 40.6%
Analysts Target Price 126.3 41.6%
ValueRay Target Price 82.7 -7.4%