Jose Carbajal - Fomento Económico Executive Chairman of the Board
| FMXUF Stock | USD 8.90 0.79 9.74% |
Chairman
Mr. Jose Antonio Fernandez Carbajal serves as Executive Chairman of the Board of Fomento Economico Mexicano, S.A.B. de C.V.since January 1, 2014. Before that, he acted as Chairman of the Board of Directors and Chief Executive Officer of the Company. He joined FEMSA in 1984. He also serves as Member of the Finance and Planning committee of the Company. He was named Chief Executive Officer of FEMSA in 1995 and has served as Chairman of the Board of FEMSA since March 27, 2001. On May 2010, he was also named Vice Chairman of the Board of Heineken Holding and Chairman of the Americas Committee of Heineken. Before becoming CEO of FEMSA, he served as the Chief Executive Officer of OXXO. He also held positions in FEMSAs corporate area, as well as in the commercial department of the Cuauhtemoc Moctezuma Brewery. He is also Chairman of the Board of CocaCola FEMSA, Vice Chairman of the Board of Monterrey TEC, and participates on Boards of Grupo Financiero BBVA Bancomer, Grupo Industrial Bimbo, Industrias Penoles and Aerolineas Volaris, among others. He codirects the Chapter Mexico of the Woodrow Wilson Center as President, and he was a professor of the course of Planning Systems in the Industrial and Systems Engineering degree in TEC de Monterrey, at campus Monterrey. He holds a Bachelors degree in Industrial and Systems Engineering and a Masters degree in Administration, both from Instituto Tecnologico y de Estudios Superiores de Monterrey. since 2014.
| Age | 69 |
| Tenure | 11 years |
| Phone | 52 818 328 6000 |
| Web | https://www.femsa.com |
Fomento Económico Management Efficiency
The company has return on total asset (ROA) of 0.0461 % which means that it generated a profit of $0.0461 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1126 %, meaning that it generated $0.1126 on every $100 dollars invested by stockholders. Fomento Económico's management efficiency ratios could be used to measure how well Fomento Económico manages its routine affairs as well as how well it operates its assets and liabilities.Fomento Econmico Mexicano has accumulated 185.94 B in total debt with debt to equity ratio (D/E) of 0.77, which is about average as compared to similar companies. Fomento Econmico Mexicano has a current ratio of 1.38, which is within standard range for the sector. Debt can assist Fomento Económico until it has trouble settling it off, either with new capital or with free cash flow. So, Fomento Económico's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Fomento Econmico Mexicano sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Fomento to invest in growth at high rates of return. When we think about Fomento Económico's use of debt, we should always consider it together with cash and equity.
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 |
Fomento Econmico Mexicano Leadership Team
Elected by the shareholders, the Fomento Económico's board of directors comprises two types of representatives: Fomento Económico inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fomento. The board's role is to monitor Fomento Económico's management team and ensure that shareholders' interests are well served. Fomento Económico's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fomento Económico's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Gerardo Attolini, VP Control | ||
| Eugenio Garza, Director Officer | ||
| Daniel Cofr, Chief Officer | ||
| Alfonso Garza, Executive Vice President of Strategic Business | ||
| Carlos Cadena, Chief Division | ||
| Jose GarzaLaguera, Chief Division | ||
| Francisco Beltrn, Chief Officer | ||
| Jose Carbajal, Executive Chairman of the Board | ||
| Juan Fonseca, Invertors Relations Contact | ||
| Raymundo Vela, Director HR |
Fomento Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right pink sheet is not an easy task. Is Fomento Económico a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0461 | |||
| Profit Margin | 0.04 % | |||
| Operating Margin | 0.08 % | |||
| Current Valuation | 30.51 B | |||
| Shares Outstanding | 17.89 B | |||
| Shares Owned By Institutions | 18.00 % | |||
| Price To Earning | 18.39 X | |||
| Price To Book | 4.65 X | |||
| Price To Sales | 0.23 X |
Currently Active Assets on Macroaxis
Other Information on Investing in Fomento Pink Sheet
Fomento Económico financial ratios help investors to determine whether Fomento Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Fomento with respect to the benefits of owning Fomento Económico security.