Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is a publicly traded company in the Consumer Defensive — Beverages - Non-Alcoholic industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA) is a diverse multinational enterprise. Its operations include acting as a key bottler, marketer, and distributor of Coca-Cola trademark beverages across a wide territory encompassing Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay.
Is Fomento Económico Mexicano, S.A.B. de C.V. stock overvalued or undervalued in 2026?
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) trades at 23.4× earnings (P/E), above the median of the 95 consumer staples companies over $2bn in Kaplio's universe. At its sector median (22.4×) $119 (-4 %).
Kaplio overview: Fomento Económico Mexicano, S.A.B. de C.V.
Market cap $42B · 52 weeks $92 – $133 (6 % below the high) · P/E 23.4× · 2027 expected P/E 24.5× · Dividend 5.8 % · Next earnings February 24, 2027 · expected EPS $1.93 · Closing price, Oct 28 · accounts published Oct 28.
- Valuation: P/E 23.4× (fairly priced).
- Business: ROIC 9 % (fair).
- Balance sheet: Net debt/EBITDA 1.3× (solid).
- Earnings: 4 of 8 (uneven).
What would it be worth at its usual multiples?
At its sector median (22.4×) $119 (-4 %). Implied price from applying the reference multiples to today's earnings (or book value, or FFO) per share. Not a fair value: it is where the stock would trade at its usual multiples.
What matters in consumer staples: 4 of 8 pass
- 10y dividend growth −12.2 %, fails.
- 10y EPS growth −24.0 %, fails.
- Payout Ratio 256.9 %, fails.
- Stable ROE / ROIC 13.6 %, borderline.
- Gross margin (stable 5y) 40.6 %, passes.
- FCF / Net Income 149.4 %, passes.
- Net debt / EBITDA 1.3×, passes.
- P/E vs own 10y history 23.4×, passes.
Against its peers (reference peers) — Fomento Económico Mexicano, S.A.B. de C.V.: P/E 23.4×; EV/EBITDA 8.2×; ROIC 8.8 %; $42.1B. Coca-Cola Europacific Partners PLC (P/E 22.6×; EV/EBITDA 14.2×; ROIC 8.9 %; $49.3B), Coca-Cola FEMSA, S.A.B. de C.V. (P/E 18.7×; EV/EBITDA 1.0×; ROIC 10.7 %; $24.2B), Celsius Holdings, Inc. (P/E 133×; EV/EBITDA 30.6×; ROIC 5.3 %; $7.1B).
Dividend
fragile · Yield 5.8 % ($8.27 per ADS in 2025) · Years raising it 1 · 5-year growth -29 % a year · Free cash flow coverage 0.6× · With $1,000 invested today you'd collect $57.60 a year ($4.80 a month).
Profitability
| Return on Equity | 13.60% |
| Return on Invested Capital | 8.81% |
| Return on Assets | 3.90% |
| Gross Margin | 40.51% |
| Operating Margin | 8.50% |
| Net Margin | 3.58% |
Financial Health
| Debt / Equity | 1.17 |
| Current Ratio | 1.14 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 5.95 |
Price Performance
| 1 month | +3.42% |
| 3 months | -3.35% |
| Year-to-date | +22.39% |
| 1 year | +30.68% |
| 3 years | +10.47% |
| 5 years | +50.50% |
| 10 years | +29.30% |
Dividend History
Paid in the last 12 months: $7.4739 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-10-14 | $1.7330 |
| 2026-07-15 | $1.8233 |
| 2026-04-22 | $1.8361 |
| 2026-01-16 | $2.0814 |
| 2025-10-16 | $1.9920 |
| 2025-07-17 | $1.9635 |
| 2025-04-24 | $1.8715 |
| 2025-01-17 | $0.8977 |
| 2024-10-16 | $0.9456 |
| 2024-07-17 | $2.0616 |
Amounts adjusted for stock splits.
Related companies: MDLZ · CCEP · CELH · KO · BUD · ABEV · KOF
Explore sector: Consumer Defensive · Beverages - Non-Alcoholic
More sections of FMX: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks