Fomento Económico Mexicano, S.A.B. de C.V. (FMX) Stock

About Fomento Económico Mexicano, S.A.B. de C.V.

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. Furthermore, FEMSA is a significant player in the retail sector, managing 20,431 OXXO convenience stores in Mexico, Colombia, Peru, Chile, and Brazil as of December 31, 2021. The company also operates 567 OXXO GAS service stations in Mexico, which supply fuels, motor oils, lubricants, and car care items. Its pharmaceutical retail division comprises 3,652 drugstores operating under names such as Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon in Chile, Colombia, Ecuador, and Mexico. In addition to these core activities, FEMSA is involved in the manufacturing of chillers, commercial refrigeration equipment, plastic containers, and specialized food processing and weighing machinery. It also offers comprehensive logistic transportation, distribution, and maintenance services, point-of-sale refrigeration solutions, plastic solutions, and runs a distribution platform for cleaning products and various consumables. Established in 1890, the company is headquartered in Monterrey, Mexico.

Fomento Económico Mexicano, S.A.B. de C.V. is led by CEO Jose Antonio Fernandez Garza-Laguera, employs 394,010 people, headquartered in Monterrey, MX, publicly traded since 1998.

Fomento Económico Mexicano, S.A.B. de C.V. (FMX) stock trades at $122.28 with a market capitalization of $41.66B. The stock is valued at a price-to-earnings (P/E) ratio of 26.52, price-to-book of 2.99, price-to-sales of 1.03. Over the past 52 weeks the stock has ranged between $83.08 and $134.34, and currently trades 9.0% below its 52-week high. It pays a dividend yielding 4.95%.

On profitability, Fomento Económico Mexicano, S.A.B. de C.V. generates a return on equity (ROE) of 12.44%, above the typical market average, return on capital employed of 21.91%, an operating margin of 8.58%, a net profit margin of 3.33%.

In its most recent fiscal year, Fomento Económico Mexicano, S.A.B. de C.V. reported annual revenue of $841.0B, net profit of $19.4B, revenue has compounded at 11.3% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 1.23, a current ratio of 1.35, total assets of $795.9B, $108.0B in cash and equivalents.

FMX has an average daily trading volume of 411,911.9 shares, a beta of 0.17 (less volatile than the overall market).

Official website: www.femsa.com