Fomento Economico Mexicano

Company Profile

Fomento Economico Mexicano had its IPO on 1998-05-11 under the ticker symbol FMX.

The company operates in the Consumer Defensive sector and Beverages-Brewers industry. Fomento Economico Mexicano has a staff strength of 374,239 employees.

Stock update

Shares of Fomento Economico Mexicano opened at $109.45 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $107.85 - $110.63, and closed at $108.25.

This is a -1.62% slip from the previous day's closing price.

A total volume of 758,086 shares were traded at the close of the day’s session.

In the last one week, shares of Fomento Economico Mexicano have slipped by -2.87%.

Fomento Economico Mexicano's Key Ratios

Fomento Economico Mexicano has a market cap of $196.86 billion, indicating a price to book ratio of 4.6033 and a price to sales ratio of 0.2312.

In the last 12-months Fomento Economico Mexicano’s revenue was $736.02 billion with a gross profit of $251.67 billion and an EBITDA of $84.40 billion. The EBITDA ratio measures Fomento Economico Mexicano's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Fomento Economico Mexicano’s operating margin was 9.34% while its return on assets stood at 5.68% with a return of equity of 13.28%.

In Q2, Fomento Economico Mexicano’s quarterly earnings growth was a positive 18.3% while revenue growth was a positive 18.3%.

Fomento Economico Mexicano’s PE and PEG Ratio

Forward PE

16.7785

Trailing PE

29.8184

PEG

1.5558

Its diluted EPS in the last 12-months stands at $3.69 per share while it has a forward price to earnings multiple of 16.7785 and a PEG multiple of 1.5558. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Fomento Economico Mexicano’s profitability.

Fomento Economico Mexicano stock is trading at a EV to sales ratio of 0.0465 and a EV to EBITDA ratio of 0.5087. Its price to sales ratio in the trailing 12-months stood at 0.2312.

Fomento Economico Mexicano stock pays annual dividends of $3.664 per share, indicating a yield of 1.76% and a payout ratio of 40.54%.

Balance sheet and cash flow metrics

Total Assets

$781.00 billion

Total Liabilities

$178.05 billion

Operating Cash Flow

$115.24 billion

Capital Expenditure

$13.47 billion

Dividend Payout Ratio

40.54%

Fomento Economico Mexicano ended 2024 with $781.00 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $781.00 billion while shareholder equity stood at $286.51 billion.

Fomento Economico Mexicano ended 2024 with $0 in deferred long-term liabilities, $178.05 billion in other current liabilities, 3347896000.00 in common stock, $292.93 billion in retained earnings and $82.93 billion in goodwill. Its cash balance stood at $154.00 billion and cash and short-term investments were $164.82 billion. The company’s total short-term debt was $20,494,000,000 while long-term debt stood at $130.55 billion.

Fomento Economico Mexicano’s total current assets stands at $314.09 billion while long-term investments were $10.78 billion and short-term investments were $10.82 billion. Its net receivables were $47.38 billion compared to accounts payable of $0 and inventory worth $58.56 billion.

In 2024, Fomento Economico Mexicano's operating cash flow was $115.24 billion while its capital expenditure stood at $13.47 billion.

Comparatively, Fomento Economico Mexicano paid $0.41 in dividends in 2024.

Other key metrics

Current Trading Price

$108.25

52-Week High

$119.62

52-Week Low

$58.2326

Analyst Target Price

$120.32

Fomento Economico Mexicano stock is currently trading at $108.25 per share. It touched a 52-week high of $119.62 and a 52-week low of $119.62. Analysts tracking the stock have a 12-month average target price of $120.32.

Its 50-day moving average was $111.56 and 200-day moving average was $95.86 The short ratio stood at 2.43 indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 3645.5% are held by institutions.