Fomento Economico Mexicano S.A.B. de C.V. ADR
Fomento Economico Mexicano S.A.B. de C.V. ADR is a Mexico-based consumer staples and retail holding company focused on beverage production, distribution, and marketing, as well as convenience retail and related consumer services. Through its subsidiaries, the company operates across several business segments, including Coca-Cola bottling, proximity stores, fuel retail, and health-related formats, serving everyday consumption needs in Latin America and other selected markets. Its beverage operations support the production and sale of non-alcoholic drinks, while its retail network provides high-frequency purchasing access through widely used store formats. Fomento Economico Mexicano S.A.B. de C.V. ADR plays an important role in the region’s consumer and distribution ecosystem by combining branded beverage businesses with large-scale retail and logistics capabilities.
$126.46
+$5.47 (+4.52%)
EOD Oct 16, 2026
Operating margin is thin at 8.58%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 7.6%, steady but not accelerating.
At 26x earnings, the current multiple leaves limited room for execution misses or growth deceleration. Net debt of MXN 129.53B represents 4.5x FCF, leverage limits flexibility.
25.6x earnings, 27.4x FCF. Not cheap, the quality is already reflected in the price. Upside from here requires either margin expansion or growth re-acceleration, not just continuation.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
MXN 873.53B
▲ +7.6% YoY
Net Income (TTM)
MXN 45.39B
▼ -17.9% YoY
Op. Margin
8.50%
▼ -0.4pp YoY
ROIC
7.36%
▲ +0.4pp YoY
Cash Flow & Balance Sheet
FCF (FY)
MXN 29.03B
▲ +20.0% YoY
Op. Cash Flow (FY)
MXN 71.08B
▼ -31.8% YoY
Net Debt
MXN 129.53B
Cash & Equiv.
MXN 128.02B
3Y CAGR: +12.1%
3Y CAGR: -10.9%
Continue Research
Is Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) overvalued?
At a P/E of 25.6 and a price-to-free-cash-flow of 27.4, Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) trades below a two-stage DCF intrinsic value of about MXN 1,096.60 per share, so at MXN 126.46 the stock looks undervalued (767.1% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Fomento Economico Mexicano S.A.B. de C.V. ADR scores 36/100 on Intrinsiqq's quality scorecard (a lower-quality business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 0.2%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Fomento Economico Mexicano S.A.B. de C.V. ADR's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about MXN 1,096.60 per share for FMX, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around MXN 822.45. At today's MXN 126.46, that puts the stock about 767.1% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Fomento Economico Mexicano S.A.B. de C.V. ADR a high-quality business?+
Fomento Economico Mexicano S.A.B. de C.V. ADR scores 36 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a lower-quality business on these measures. Recent fundamentals include a 8.5% operating margin and a 7.4% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Fomento Economico Mexicano S.A.B. de C.V. ADR (FMX) pay a dividend, and how much?+
Yes, Fomento Economico Mexicano S.A.B. de C.V. ADR pays a regular dividend of about MXN 3.79 per share per year (typically in quarterly installments), a yield of roughly 0.2% at the current price. That is a payout ratio of about 2.8% of earnings, so the dividend is amply covered by earnings. Fomento Economico Mexicano S.A.B. de C.V. ADR has grown the dividend at roughly 55.4% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For FMX's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Fomento Economico Mexicano S.A.B. de C.V. ADR a good stock to buy right now?+
That depends on valuation and quality together, not either alone. FMX currently trades below its estimated intrinsic value and scores 36/100 on quality (lower-quality). It also yields about 0.2%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.