Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Valuation — DCF, Graham & Comparables

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) — Price $123.70 (closing price, October 28, 2026) — Consumer Defensive — Beverages - Non-Alcoholic — NYSE

Latest reported results:

Valuation dashboard for Fomento Económico Mexicano, S.A.B. de C.V. (FMX) with P/E 23.43, P/B 3.61, EV/EBITDA 8.16 and dividend yield 5.76%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Defensive companies.

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.

Analysis Summary

Fomento Económico Mexicano, S.A.B. de C.V. reported revenue of $46.65B in the most recent fiscal year, growing at a 5-year CAGR of -37.6%.

Trailing-twelve-month margins: gross margin 40.5%, operating margin 8.5%, net margin 3.6%.

At $123.70 (closing price, October 28, 2026), FMX trades at a P/E of 23.43 and an ROE of 13.60%. Market capitalisation stands at $42.1B, placing it among large-cap names.

Balance sheet quality for FMX: current ratio of 1.3. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

P/E Ratio23.43
Price / Book3.61
EV / EBITDA8.16
Dividend Yield5.76%

Valuation Models

DCF Fair Value$6.26
vs Current Price-94.9%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
FMXFomento Económico Mexicano, S.A.B. de C.V.$42.1B23.433.6113.6%
MDLZMondelez International, Inc.$79.0B22.752.9913.5%
CCEPCoca-Cola Europacific Partners PLC$48.9B22.465.3824.8%
CELHCelsius Holdings, Inc.$7.1B133.242.374.4%
KOThe Coca-Cola Company$394.7B27.5510.5742.0%
BUDAnheuser-Busch InBev SA/NV$165.9B13.671.7212.7%
ABEVAmbev S.A.$42.9B14.632.6718.1%
KOFCoca-Cola FEMSA, S.A.B. de C.V.$24.8B24.962.9916.8%

Price

Price$123.70 (closing price, October 28, 2026)
Market Cap$42.1B
ExchangeNYSE
CountryMX

Profitability

Return on Equity13.60%
Return on Invested Capital8.81%
Return on Assets3.90%
Gross Margin40.51%
Operating Margin8.50%
Net Margin3.58%

Related companies: MDLZ · CCEP · CELH · KO · BUD · ABEV · KOF

Explore sector: Consumer Defensive · Beverages - Non-Alcoholic

More sections of FMX: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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