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Fomento Economico Mexicano (FMX)

(Delayed Data from NYSE)

$108.27 USD

108.27
680,625

-2.82 (-2.54%)

Updated Jul 25, 2024 04:00 PM ET

After-Market: $108.23 -0.04 (-0.04%) 4:32 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

A Value A Growth C Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Bottom 21% (197 out of 250)

Industry: Beverages - Soft drinks

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Balance Sheet

Research for FMX

The Zacks Equity Research reports, or ZER for short, are our in-house, independently produced research reports.

The ever popular one-page Snapshot reports are generated for virtually every single Zacks Ranked stock. It's packed with all of the company's key stats and salient decision making information. Including the Zacks Rank, Zacks Industry Rank, Style Scores, the Price, Consensus & Surprise chart, graphical estimate analysis and how a stocks stacks up to its peers.

The detailed multi-page Analyst report does an even deeper dive on the company's vital statistics. In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500.

Researching stocks has never been so easy or insightful as with the ZER Analyst and Snapshot reports.

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Fiscal Year End for Fomento Economico Mexicano SAB de CV falls in the month of December.

All items in Millions except Per Share data.

12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Assets          
Cash & Equivalents 12,350 4,866 6,059 5,477 4,193
Receivables 3,527 3,328 2,535 2,280 2,566
Notes Receivable 0 0 0 0 0
Inventories 3,445 3,192 2,481 2,214 2,175
Other Current Assets 1,754 230 172 147 217
Total Current Assets 21,076 11,616 11,247 10,118 9,151
Net Property & Equipment 8,375 6,873 5,613 5,686 6,072
Investments & Advances 2,421 6,538 7,233 6,568 6,371
Other Non-Current Assets 0 0 0 0 0
Deferred Charges 1,633 1,379 1,011 1,108 1,088
Intangibles 8,475 9,785 7,709 7,817 7,771
Deposits & Other Assets 503 475 360 379 558
Total Assets 47,687 40,973 35,951 34,428 33,804
Liabilities & Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Notes Payable 0 0 0 0 0
Accounts Payable 6,408 5,654 4,550 3,779 4,066
Current Portion Long-Term Debt 500 941 227 443 860
Current Portion Capital Leases 0 0 0 0 0
Accrued Expenses 99 106 96 104 47
Income Taxes Payable 572 856 793 632 621
Other Current Liabilities 2,489 896 643 655 1,254
Total Current Liabilities 10,792 9,073 6,665 5,953 7,240
Mortgages 0 0 0 0 0
Deferred Taxes/Income 436 350 295 303 368
Convertible Debt 0 0 0 0 0
Long-Term Debt 7,596 8,894 9,064 9,042 5,395
Non-Current Capital Leases 0 0 0 0 0
Other Non-Current Liabilities 1,510 1,162 908 1,097 1,021
Minority Interest (Liabilities) 0 0 0 0 0
Total Liabilities 25,295 23,645 19,615 18,986 16,532
Shareholders Equity 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019
Preferred Stock 0 0 0 0 0
Common Stock (Par) 198 172 163 168 178
Capital Surplus 1,041 909 871 895 963
Retained Earnings 18,027 12,884 11,617 10,931 12,184
Other Equity 3,126 3,363 3,685 3,448 3,947
Treasury Stock 0 0 0 0 0
Total Shareholder's Equity 22,392 17,328 16,336 15,442 17,272
Total Liabilities & Shareholder's Equity 47,687 40,973 35,951 34,428 33,804
Total Common Equity 22,392 17,328 16,336 15,442 17,272
Shares Outstanding 357.70 357.80 357.80 357.80 357.80
Book Value Per Share 62.60 48.43 45.66 43.16 48.27

Fiscal Year End for Fomento Economico Mexicano SAB de CV falls in the month of December.

All items in Millions except Per Share data.

6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Assets          
Cash & Equivalents -99,999 -99,999 12,350 10,506 9,327
Receivables NA NA 3,527 2,655 2,681
Notes Receivable NA NA 0 0 0
Inventories NA NA 3,445 3,269 3,314
Other Current Assets NA NA 1,754 5,747 2,455
Total Current Assets NA NA 21,076 22,177 17,778
Net Property & Equipment NA NA 8,375 8,111 7,555
Investments & Advances NA NA 2,421 637 610
Other Non-Current Assets NA NA 0 0 0
Deferred Charges NA NA 1,633 0 0
Intangibles NA NA 8,475 8,974 4,747
Deposits & Other Assets NA NA 503 3,060 2,900
Total Assets NA NA 47,687 47,944 44,205
Liabilities & Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA NA 6,408 0 0
Current Portion Long-Term Debt NA NA 500 527 483
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA NA 99 104 89
Income Taxes Payable NA NA 572 0 0
Other Current Liabilities NA NA 2,489 576 8,829
Total Current Liabilities NA NA 10,792 11,510 10,078
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 436 0 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA NA 7,596 7,756 7,389
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 1,510 1,774 1,653
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA NA 25,295 25,916 23,732
Shareholders Equity 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA NA 198 0 0
Capital Surplus NA NA 1,041 0 0
Retained Earnings NA NA 18,027 0 0
Other Equity NA NA 3,126 0 0
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA NA 22,392 22,028 20,473
Total Liabilities & Shareholder's Equity NA NA 47,687 47,944 44,205
Total Common Equity 0 0 22,392 22,028 20,473
Shares Outstanding 357.70 357.70 357.70 NA NA
Book Value Per Share 0.00 0.00 62.60 -0.22 -0.20