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FMX logo FMX
Upturn stock ratingUpturn stock rating
FMX logo

Fomento Economico Mexicano (FMX)

Upturn stock ratingUpturn stock rating
$102.98
Last Close (24-hour delay)
Profit since last BUY17.7%
upturn advisory
WEAK BUY
BUY since 95 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

06/30/2025: FMX (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

13 Analysts rated it

Well-followed company, solid analyst reports, reliable data for confident investing.

1 Year Target Price $114

1 Year Target Price $114

Analysts Price Target For last 52 week
$114Target price
Low$78.82
Current$102.98
high$114.75

Analysis of Past Performance

Type Stock
Historic Profit 18.96%
Avg. Invested days 62
Today’s Advisory WEAK BUY
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 35.39B USD
Price to earnings Ratio 26.35
1Y Target Price 114
Price to earnings Ratio 26.35
1Y Target Price 114
Volume (30-day avg) 13
Beta 0.3
52 Weeks Range 78.82 - 114.75
Updated Date 06/30/2025
52 Weeks Range 78.82 - 114.75
Updated Date 06/30/2025
Dividends yield (FY) 3.40%
Basic EPS (TTM) 3.87

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 3.7%
Operating Margin (TTM) 6.46%

Management Effectiveness

Return on Assets (TTM) 4.89%
Return on Equity (TTM) 11.04%

Valuation

Trailing PE 26.35
Forward PE 35.34
Enterprise Value 40251810178
Price to Sales(TTM) 0.04
Enterprise Value 40251810178
Price to Sales(TTM) 0.04
Enterprise Value to Revenue 0.95
Enterprise Value to EBITDA 8.59
Shares Outstanding 346947008
Shares Floating 3578226280
Shares Outstanding 346947008
Shares Floating 3578226280
Percent Insiders -
Percent Institutions 35.87

Analyst Ratings

Rating 4
Target Price 114
Buy 4
Strong Buy 3
Buy 4
Strong Buy 3
Hold 6
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Fomento Economico Mexicano

stock logo

Company Overview

overview logo History and Background

Fomento Econu00f3mico Mexicano, S.A.B. de C.V. (FEMSA) was founded in 1890 in Monterrey, Mexico. Initially a brewery, it has evolved into a multinational beverage and retail company.

business area logo Core Business Areas

  • Coca-Cola FEMSA: The largest Coca-Cola bottler in the world by volume, producing and distributing Coca-Cola beverages across Latin America and the Philippines.
  • FEMSA Comercio (Retail Division): Operates OXXO convenience stores, pharmacies, and fuel service stations primarily in Mexico, Colombia, Chile, Peru, and Brazil.
  • FEMSA Strategic Businesses: Includes logistics, point-of-sale coolers, and plastics solutions for the beverage and food industries.

leadership logo Leadership and Structure

FEMSA is led by a board of directors. Key executives include the CEO and CFO. The organizational structure is divided by business units, each with its own leadership team.

Top Products and Market Share

overview logo Key Offerings

  • Coca-Cola FEMSA Beverages: Coca-Cola, Sprite, Fanta, and other Coca-Cola trademarks. Coca-Cola FEMSA is the world's largest Coca-Cola bottler. Market share varies by region, but it often holds a dominant position in Latin America. Competitors include PepsiCo, Grupo Modelo (Anheuser-Busch InBev).
  • OXXO Convenience Stores: A chain of convenience stores throughout Latin America. OXXO is the largest convenience store chain in Mexico with a significant market share. Competitors include 7-Eleven, Circle K and local convenience stores

Market Dynamics

industry overview logo Industry Overview

The beverage industry is characterized by strong brands, high distribution costs, and evolving consumer preferences. The convenience store market is competitive, driven by location, product assortment, and customer service.

Positioning

FEMSA is a leading player in both the beverage and retail sectors in Latin America. Its competitive advantages include a strong distribution network, recognized brands, and a large store footprint.

Total Addressable Market (TAM)

The TAM for beverage is estimated to be in the hundreds of billions USD globally. OXXO is position to cater to $100 Billion USD market for the convenience store sector.

Upturn SWOT Analysis

Strengths

  • Strong brand portfolio
  • Extensive distribution network
  • Leading market positions
  • Diversified business segments
  • Experienced management team

Weaknesses

  • Dependence on the Coca-Cola Company
  • Exposure to emerging market risks
  • Currency fluctuations
  • Regulatory challenges
  • High debt levels

Opportunities

  • Expanding into new markets
  • Acquiring complementary businesses
  • Developing new products and services
  • Leveraging technology to improve operations
  • Increase OXXO footprint

Threats

  • Intense competition
  • Changing consumer preferences
  • Economic downturns
  • Political instability
  • Commodity price volatility

Competitors and Market Share

competitor logo Key Competitors

  • PEP
  • MNST
  • KO

Competitive Landscape

FEMSA benefits from its strong brands and distribution network, but faces competition from global beverage giants like PepsiCo and local players.

Major Acquisitions

Almacenes Tamarindo

  • Year: 2020
  • Acquisition Price (USD millions): 200
  • Strategic Rationale: Expanded OXXO's presence in Southern Mexico.

Growth Trajectory and Initiatives

Historical Growth: FEMSA has demonstrated consistent revenue growth, driven by expansion in its core markets and strategic acquisitions.

Future Projections: Analyst estimates suggest continued growth for FEMSA, driven by increasing demand for beverages and retail services in Latin America.

Recent Initiatives: Recent initiatives include expanding the OXXO store network, investing in digital platforms, and pursuing sustainability goals.

Summary

FEMSA is a strong player in the Latin American beverage and retail sectors, driven by Coca-Cola FEMSA and OXXO. Its extensive distribution network and established brands give it a competitive edge. However, FEMSA faces challenges including currency fluctuations, political instability in some markets, and intense competition from other major players. Strategic acquisitions and expansion into new markets will be key to continued growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings
  • Analyst Reports
  • Industry Publications

Disclaimers:

This analysis is based on publicly available information and is for informational purposes only. It should not be considered financial advice.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Fomento Economico Mexicano

Exchange NYSE
Headquaters Monterrey, NL, Mexico
IPO Launch date 1998-05-11
Executive Chairman of the Board & CEO Mr. Jose Antonio Vicente Fernandez Carbajal
Sector Consumer Defensive
Industry Beverages - Brewers
Full time employees 394010
Full time employees 394010

Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. It operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It 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.