Fomento Return On Tangible Assets from 2010 to 2024

FMX Stock  USD 86.64  0.27  0.31%   
Fomento Economico Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.08 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.09924729
Current Value
0.0763
Quarterly Volatility
0.02446221
 
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 23.22, Dividend Yield of 7.0E-4 or PTB Ratio of 53.69. 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 Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Fomento Economico Mexicano over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Fomento Economico's Return On Tangible Assets 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.
Return On Tangible Assets10 Years Trend
Very volatile
   Return On Tangible Assets   
       Timeline  

Fomento Return On Tangible Assets Regression Statistics

Arithmetic Mean0.06
Geometric Mean0.05
Coefficient Of Variation41.21
Mean Deviation0.02
Median0.05
Standard Deviation0.02
Sample Variance0.0006
Range0.0915
R-Value(0.1)
Mean Square Error0.0006
R-Squared0.01
Significance0.73
Slope(0.0005)
Total Sum of Squares0.01

Fomento Return On Tangible Assets History

2024 0.0763
2023 0.0992
2022 0.0393
2021 0.0492
2020 0.007781
2019 0.0422
2018 0.0468

About Fomento Economico Financial Statements

Fomento Economico investors use historical fundamental indicators, such as Fomento Economico's Return On Tangible Assets, 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 Tangible Assets 0.10  0.08 

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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.