Fomento Return On Equity from 2010 to 2024

FMX Stock  USD 87.14  0.50  0.58%   
Fomento Economico Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity will likely drop to 0.13 in 2024. Return On Equity is a measure of the profitability of Fomento Economico Mexicano in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.21618179
Current Value
0.13
Quarterly Volatility
0.04591141
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Fomento Economico financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fomento Economico's main balance sheet or income statement drivers, such as Depreciation And Amortization of 35.7 B, Interest Expense of 18.1 B or Selling General Administrative of 33.9 B, as well as many indicators such as Price To Sales Ratio of 1.76, Dividend Yield of 0.0122 or PTB Ratio of 4.71. Fomento financial statements analysis is a perfect complement when working with Fomento Economico Valuation or Volatility modules.
  
Check out the analysis of Fomento Economico Correlation against competitors.

Latest Fomento Economico's Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Fomento Economico Mexicano over the last few years. Return on Equity is the amount of Fomento Economico net income returned as a percentage of Fomento Economico equity. Return on equity measures Fomento Economico profitability by revealing how much profit Fomento Economico Mexicano generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Fomento Economico's Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fomento Economico's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.1110 Years Trend
Pretty Stable
   Return On Equity   
       Timeline  

Fomento Return On Equity Regression Statistics

Arithmetic Mean0.09
Geometric Mean0.08
Coefficient Of Variation48.60
Mean Deviation0.03
Median0.09
Standard Deviation0.05
Sample Variance0
Range0.2028
R-Value0.15
Mean Square Error0
R-Squared0.02
Significance0.60
Slope0
Total Sum of Squares0.03

Fomento Return On Equity History

2023 0.22
2022 0.0706
2021 0.0851
2020 0.0134
2019 0.0635
2018 0.0685
2017 0.13

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Return On Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Fomento Economico. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Equity 0.22  0.13 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Fomento Stock Analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.