FMX: Fomento Economico Mexicano SAB de CV
About
Fomento Economico Mexicano SAB de CV operates as a holding company, which engages in the production, distribution, and marketing of beverages. The firm also produces, markets, sells, and distributes Coca-Cola trademark beverages, including sparkling beverages. It operates through the following segments: Coca-Cola FEMSA; FEMSA-Comercio Proximity Division; FEMSA-Comercio Health Division; FEMSA-Comercio Fuel Division; Heineken Investment; and Other Business. The Coca-Cola FEMSA segment produces, markets, sells, and distributes Coca-Cola trademark beverages through standard bottler agreements in the territories where it operates. The FEMSA-Comercio Proximity Division segment operates a chain of small-format stores in Mexico. The FEMSA-Comercio Health Division segment involves drugstores and related operations. The FEMSA-Comercio Fuel Division segment deals with retail service stations for fuels, motor oils, and other car care products. The Heineken Investment segment invests in Heineken and distributes beer in a large number of countries. The Other Business segment involves other companies and corporate activities. The company was founded by Isaac Garza, José Calderón, José A. Muguerza, Francisco G. Sada, and Joseph M. Schnaider in 1890 and is headquartered in Monterrey, Mexico.
Current Value
$88.921 Year Return
Current Value
$88.921 Year Return
Key Details
Market Cap
$19.19B
P/E Ratio
24.36
1Y Stock Return
-27.82%
1Y Revenue Growth
0.94%
Dividend Yield
1.29%
Price to Book
1.3
Strategies that include FMX
Stock's related to FMX
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| VTMX | 47.95% | $2.25B | -31.66% | 2.81% |
| KOF | 47.11% | $4.13B | -7.43% | 4.24% |
| AMX | 38.84% | $45.97B | -14.90% | 3.38% |
| ACCO | 36.02% | $530.35M | +7.13% | 5.27% |
| ANGI | 35.42% | $987.36M | -5.71% | 0.00% |
| OMAB | 33.95% | $2.72B | -3.17% | 7.42% |
| FOXF | 33.39% | $1.33B | -47.63% | 0.00% |
| STNE | 33.39% | $2.84B | -32.36% | 0.00% |
| ROG | 33.28% | $1.88B | -23.03% | 0.00% |
| COLD | 33.08% | $6.30B | -20.69% | 3.97% |
| TIMB | 33.07% | $6.86B | -17.12% | 4.05% |
| GNRC | 32.89% | $10.71B | +59.69% | 0.00% |
| DCI | 32.24% | $9.01B | +25.02% | 1.38% |
| WSR | 32.24% | $738.93M | +33.24% | 3.37% |
| SJW | 32.22% | $1.83B | -14.15% | 2.89% |
| XP | 32.09% | $9.15B | -27.16% | 0.00% |
| TPH | 32.01% | $3.90B | +43.10% | 0.00% |
| SITC | 31.98% | $847.27M | +59.73% | 2.42% |
| CX | 31.92% | $8.22B | -20.23% | 0.00% |
| FARO | 31.67% | $486.17M | +40.51% | 0.00% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| LZ | -0.03% | $1.30B | -33.57% | 0.00% |
| TNDM | -0.08% | $1.83B | +51.39% | 0.00% |
| GSHD | 0.10% | $2.86B | +64.45% | 0.00% |
| BPT | 0.12% | $24.61M | -66.18% | 0.00% |
| REYN | 0.13% | $5.79B | +3.76% | 3.35% |
| LLY | 0.16% | $692.74B | +23.14% | 0.71% |
| FENG | 0.17% | $13.37M | +96.77% | 0.00% |
| ACIU | 0.24% | $325.95M | +7.92% | 0.00% |
| SPOT | -0.26% | $90.80B | +159.59% | 0.00% |
| SNBR | 0.26% | $263.31M | +5.09% | 0.00% |
| BMY | -0.28% | $118.10B | +20.11% | 4.09% |
| FATBB | -0.31% | $81.94M | -12.91% | 11.69% |
| APLS | 0.35% | $3.61B | -41.27% | 0.00% |
| FAT | 0.38% | $89.30M | -11.53% | 10.73% |
| ABEO | 0.38% | $256.04M | +41.25% | 0.00% |
| IRWD | 0.39% | $609.71M | -59.34% | 0.00% |
| VRSK | -0.48% | $39.77B | +17.45% | 0.53% |
| ABBV | -0.50% | $294.35B | +20.07% | 3.72% |
| IMNN | 0.51% | $10.02M | -22.89% | 0.00% |
| GOGL | 0.52% | $2.39B | +35.11% | 8.40% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| UVE | -19.09% | $631.63M | +36.40% | 2.86% |
| DOGZ | -14.43% | $614.77M | +1,372.26% | 0.00% |
| MNOV | -13.80% | $93.19M | +2.15% | 0.00% |
| PULM | -13.14% | $19.83M | +202.98% | 0.00% |
| TNET | -12.52% | $4.41B | -19.81% | 0.84% |
| GPCR | -12.12% | $1.88B | -36.14% | 0.00% |
| BTCT | -11.31% | $42.61M | +353.33% | 0.00% |
| NOC | -9.80% | $71.54B | +4.23% | 1.60% |
| TLPH | -9.57% | $11.41M | +9.85% | 0.00% |
| TCTM | -9.44% | $8.10M | -42.99% | 0.00% |
| LTM | -9.35% | $8.51B | -100.00% | <0.01% |
| COR | -9.29% | $47.48B | +21.20% | 0.86% |
| KNSL | -9.10% | $10.93B | +29.38% | 0.13% |
| IFRX | -8.91% | $113.06M | +31.51% | 0.00% |
| MCK | -8.87% | $78.15B | +35.51% | 0.42% |
| PRGS | -8.82% | $2.82B | +23.36% | 1.06% |
| QTTB | -8.75% | $354.34M | +188.64% | 0.00% |
| OCX | -8.74% | $42.93M | -36.09% | 0.00% |
| KNOP | -8.58% | $210.40M | +11.75% | 1.68% |
| UNM | -8.17% | $13.16B | +69.20% | 2.16% |
ETF's related to FMX
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| BTAL | -25.82% | $388.04M | 1.43% |
| USDU | -22.40% | $201.97M | 0.5% |
| VIXY | -18.51% | $195.31M | 0.85% |
| CTA | -15.26% | $350.27M | 0.78% |
| UUP | -13.45% | $309.25M | 0.77% |
| TAIL | -11.88% | $67.98M | 0.59% |
| PIN | -9.17% | $248.80M | 0.78% |
| JUCY | -8.99% | $324.29M | 0.6% |
| AGZD | -8.74% | $142.76M | 0.23% |
| JBBB | -8.09% | $1.26B | 0.49% |
| EQLS | -7.47% | $76.08M | 1% |
| KMLM | -7.38% | $353.87M | 0.9% |
| UNG | -4.86% | $908.80M | 1.06% |
| BILZ | -2.90% | $563.02M | 0.14% |
| CLOI | -1.74% | $715.40M | 0.4% |
| CSHI | -0.91% | $482.85M | 0.38% |
| KRBN | -0.64% | $242.47M | 0.85% |
| WEAT | 0.11% | $120.27M | 0.28% |
| CANE | 0.19% | $17.72M | 0.29% |
| CORN | 0.52% | $61.12M | 0.2% |
News
Yahoo
FMX sells its refrigeration and food service operations to Mill Point Capital, aiming to enhance long-term value by focusing on core business areas.
Yahoo
MONTERREY, Mexico, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced today the successful closing of its previously disclosed divestiture on July 17, 2024, with Mill Point Capital LLC, of its refrigeration and foodservice equipment operations, Imbera and Torrey, for a total amount of $8,000 million pesos, on a cash-free, debt-free basis. About FEMSAFEMSA is a company that creates economic and soci
Yahoo
FMX's Q3 results reflect revenue growth across all operating segments. Favorable currency effects from the depreciation of the Mexican Peso also aid the top line.
Yahoo
Fomento Economico Mexicano (FMX) has released an update. Fomento Económico Mexicano (FEMSA) reported an 8.3% increase in total consolidated revenues for the third quarter of 2024, with significant growth across its business units, including a 14.6% rise in income from operations. The company’s retail and digital segments showed impressive expansion, with Spin by OXXO and Spin Premia platforms experiencing substantial user growth. Additionally, Coca-Cola FEMSA delivered strong double-digit revenu
Yahoo
Fomento Economico Mexicano SAB de CV (FMX) reports robust revenue and operating income growth, despite a decline in net consolidated income and competitive pressures in the Health division.
Yahoo
MONTERREY, Mexico, Oct. 28, 2024 (GLOBE NEWSWIRE) -- Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA” or the “Company”) (NYSE: FMX; BMV: FEMSAUBD, FEMSAUB) announced it has reached a definitive agreement with AMMI, a leading holding company focused in the production of non-GMO corn and sustainable plastic packaging, affiliate of Milenio Capital, to divest FEMSA’s plastics solutions operations, for a total amount of $3,165 million pesos, on a cash-free, debt-free basis. This transaction repres
Disclaimer
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