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Fomento Economico Mexicano (FMX)

(Real Time Quote from BATS)

$120.08 USD

120.08
8,138

-2.88 (-2.34%)

Updated Apr 16, 2024 10:06 AM 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%
2Buy18.00%
3Hold9.44%
4Sell5.10%
5Strong Sell2.53%
S&P50011.08%

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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

C Value B Growth B Momentum B 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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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 12% (31 out of 251)

Industry: Beverages - Soft drinks

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Better trading starts here.

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.

Learn more about Zacks Equity Research 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 10,839 4,866 6,059 5,477 4,193
Receivables 2,196 3,328 2,535 2,280 2,566
Notes Receivable NA 0 0 0 0
Inventories 3,290 3,192 2,481 2,214 2,175
Other Current Assets 3,802 230 172 147 217
Total Current Assets 20,126 11,616 11,247 10,118 9,151
Net Property & Equipment 7,996 6,873 5,613 5,686 6,072
Investments & Advances 1,488 6,538 7,233 6,568 6,371
Other Non-Current Assets NA 0 0 0 0
Deferred Charges NA 1,379 1,011 1,108 1,088
Intangibles 8,182 9,785 7,709 7,817 7,771
Deposits & Other Assets 2,892 475 360 379 558
Total Assets 45,530 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 NA 0 0 0 0
Accounts Payable NA 5,654 4,550 3,779 4,066
Current Portion Long-Term Debt 645 941 227 443 860
Current Portion Capital Leases NA 0 0 0 0
Accrued Expenses 95 106 96 104 47
Income Taxes Payable NA 856 793 632 621
Other Current Liabilities 654 896 643 655 1,254
Total Current Liabilities 10,525 9,073 6,665 5,953 7,240
Mortgages NA 0 0 0 0
Deferred Taxes/Income NA 350 295 303 368
Convertible Debt NA 0 0 0 0
Long-Term Debt 7,086 8,894 9,064 9,042 5,395
Non-Current Capital Leases NA 0 0 0 0
Other Non-Current Liabilities 1,761 1,162 908 1,097 1,021
Minority Interest (Liabilities) NA 0 0 0 0
Total Liabilities 24,109 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 NA 0 0 0 0
Common Stock (Par) NA 172 163 168 178
Capital Surplus NA 909 871 895 963
Retained Earnings NA 12,884 11,617 10,931 12,184
Other Equity NA 3,363 3,685 3,448 3,947
Treasury Stock NA 0 0 0 0
Total Shareholder's Equity 21,421 17,328 16,336 15,442 17,272
Total Liabilities & Shareholder's Equity 45,530 40,973 35,951 34,428 33,804
Total Common Equity 121,420 17,328 16,336 15,442 17,272
Shares Outstanding NA 357.80 357.80 357.80 357.80
Book Value Per Share -1.21 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.

3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Assets          
Cash & Equivalents -99,999 10,839 10,506 9,327 5,983
Receivables NA 2,196 2,655 2,681 2,196
Notes Receivable NA NA 0 0 0
Inventories NA 3,290 3,269 3,314 3,286
Other Current Assets NA 3,802 5,747 2,455 6,443
Total Current Assets NA 20,126 22,177 17,778 17,909
Net Property & Equipment NA 7,996 8,111 7,555 7,048
Investments & Advances NA 1,488 637 610 769
Other Non-Current Assets NA NA 0 0 0
Deferred Charges NA NA 0 0 0
Intangibles NA 8,182 8,974 4,747 4,488
Deposits & Other Assets NA 2,892 3,060 2,900 3,234
Total Assets NA 45,530 47,944 44,205 43,453
Liabilities & Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Notes Payable NA NA 0 0 0
Accounts Payable NA NA 0 0 0
Current Portion Long-Term Debt NA 645 527 483 891
Current Portion Capital Leases NA NA 0 0 0
Accrued Expenses NA 95 104 89 115
Income Taxes Payable NA NA 0 0 0
Other Current Liabilities NA 654 576 8,829 0
Total Current Liabilities NA 10,525 11,510 10,078 10,111
Mortgages NA NA 0 0 0
Deferred Taxes/Income NA NA 0 0 0
Convertible Debt NA NA 0 0 0
Long-Term Debt NA 7,086 7,756 7,389 7,423
Non-Current Capital Leases NA NA 0 0 0
Other Non-Current Liabilities NA 1,774 1,653 2,220
Minority Interest (Liabilities) NA NA 0 0 0
Total Liabilities NA 24,109 25,916 23,732 24,096
Shareholders Equity 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023
Preferred Stock NA NA 0 0 0
Common Stock (Par) NA NA 0 0 0
Capital Surplus NA NA 0 0 0
Retained Earnings NA NA 0 0 0
Other Equity NA NA 0 0 0
Treasury Stock NA NA 0 0 0
Total Shareholder's Equity NA 21,421 22,028 20,473 19,357
Total Liabilities & Shareholder's Equity NA 45,530 47,944 44,205 43,453
Total Common Equity 0 121,420 22,028 20,473 19,357
Shares Outstanding NA NA NA NA NA
Book Value Per Share 0.00 -1.21 -0.22 -0.20 -0.19