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

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

Fomento Económico Mexicano, S.A.B. de C.V., often referred to as FEMSA, is a diverse holding company that, through its various subsidiary operations, is a leading bottler of Coca-Cola brand beverages. The company oversees the entire process of manufacturing, promoting, and distributing these iconic soft drinks across a wide geographic region, including Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. Beyond its beverage business, FEMSA is also a significant player in retail. It operates an extensive chain of OXXO convenience stores in Mexico, Colombia, Peru, Chile, and Brazil. Additionally, it runs OXXO GAS service stations in Mexico, offering fuels, motor oils, lubricants, and various car care products. The company's retail footprint further extends to the pharmacy sector, with drugstores operating under brand names like Cruz Verde, Fybeca, SanaSana, YZA, La Moderna, and Farmacon, found in Chile, Colombia, Ecuador, and Mexico. Furthermore, FEMSA is engaged in industrial and logistics ventures. This includes the production and distribution of specialized equipment such as chillers, commercial refrigeration units, plastic containers, and machinery for food processing, preservation, and weighing. Its service offerings encompass logistical transport, comprehensive distribution and maintenance solutions, point-of-sale refrigeration services, and plastic solutions, alongside managing a distribution network for cleaning supplies and other consumables. As of December 31, 2021, FEMSA's retail operations boasted a substantial scale, with 20,431 OXXO stores, 3,652 pharmacies, and 567 OXXO GAS fueling stations in operation. The company has a long history, having been established in 1890, and its corporate headquarters are located in Monterrey, Mexico.

Fomento Económico Mexicano, S.A.B. de C.V. is headquartered in MX.

Fomento Económico Mexicano, S.A.B. de C.V. (FMXUF) stock trades at $13.04 with a market capitalization of $26.76B. The stock is valued at a price-to-earnings (P/E) ratio of 24.38, price-to-book of 3.58, price-to-sales of 1.10. Over the past 52 weeks the stock has ranged between $0.01 and $13.04, and currently trades at its 52-week high. It pays a dividend yielding 5.60%.

On profitability, Fomento Económico Mexicano, S.A.B. de C.V. generates a return on equity (ROE) of 12.01%, above the typical market average, return on capital employed of 12.79%, an operating margin of 8.52%, 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 $840.1B, net profit of $19.4B, revenue has compounded at 11.2% a year over the last five years.

The balance sheet shows a debt-to-equity ratio of 1.21, a current ratio of 1.16, total assets of $795.9B, $108.0B in cash and equivalents.

FMXUF has an average daily trading volume of 42 shares, a beta of 0.17 (less volatile than the overall market).

Official website: www.femsa.com