Fomento Economico Mexicano Stock Beta
| FMX Stock | USD 88.50 1.36 1.56% |
Fomento Economico Mexicano fundamentals help investors to digest information that contributes to Fomento Economico's financial success or failures. It also enables traders to predict the movement of Fomento Stock. The fundamental analysis module provides a way to measure Fomento Economico's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Fomento Economico stock.
Fomento | Beta |
Fomento Economico Mexicano Company Beta Analysis
Fomento Economico's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
Current Fomento Economico Beta | 0.39 |
Most of Fomento Economico's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Fomento Economico Mexicano is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Fomento Beta Driver Correlations
Understanding the fundamental principles of building solid financial models for Fomento Economico is extremely important. It helps to project a fair market value of Fomento Stock properly, considering its historical fundamentals such as Beta. Since Fomento Economico's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Fomento Economico's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Fomento Economico's interrelated accounts and indicators.
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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.
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In accordance with the recently published financial statements, Fomento Economico Mexicano has a Beta of 0.386. This is 68.62% lower than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The beta for all United States stocks is notably lower than that of the firm.
Fomento Beta Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Fomento Economico's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Fomento Economico could also be used in its relative valuation, which is a method of valuing Fomento Economico by comparing valuation metrics of similar companies.Fomento Economico is currently under evaluation in beta category among its peers.
Fomento Economico Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fomento Economico from analyzing Fomento Economico's financial statements. These drivers represent accounts that assess Fomento Economico's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fomento Economico's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 641.5B | 538.0B | 570.1B | 545.1B | 1.5T | 1.6T | |
| Enterprise Value | 742.5B | 672.5B | 719.5B | 742.3B | 1.6T | 1.7T |
Fomento Economico ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fomento Economico's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fomento Economico's managers, analysts, and investors.Environmental | Governance | Social |
Fomento Economico Institutional Holders
Institutional Holdings refers to the ownership stake in Fomento Economico that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Fomento Economico's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Fomento Economico's value.| Shares | Hawk Ridge Management Llc | 2024-09-30 | 1 M | Black Creek Investment Management Inc | 2024-09-30 | 1 M | Bank Of America Corp | 2024-06-30 | 877 K | Macquarie Group Ltd | 2024-06-30 | 853.2 K | La Financière De L'echiquier | 2024-06-30 | 776.2 K | Perpetual Ltd | 2024-06-30 | 682.5 K | Samlyn Capital, Llc | 2024-09-30 | 672.3 K | Citigroup Inc | 2024-09-30 | 645.2 K | Antipodes Partners Limited | 2024-09-30 | 635.5 K | Arnhold & S. Bleichroeder Advisers, Llc | 2024-09-30 | 10.5 M | Harding Loevner L.p. | 2024-06-30 | 6.8 M |
As returns on the market increase, Fomento Economico's returns are expected to increase less than the market. However, during the bear market, the loss of holding Fomento Economico is expected to be smaller as well.
Fomento Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0376 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.09 % | ||||
| Current Valuation | 34.79 B | ||||
| Shares Outstanding | 357.82 M | ||||
| Shares Owned By Institutions | 32.92 % | ||||
| Number Of Shares Shorted | 2.26 M | ||||
| Price To Earning | 22.52 X | ||||
| Price To Book | 2.10 X | ||||
| Price To Sales | 0.21 X | ||||
| Revenue | 702.69 B | ||||
| Gross Profit | 251.67 B | ||||
| EBITDA | 109.03 B | ||||
| Net Income | 33.45 B | ||||
| Cash And Equivalents | 43.84 B | ||||
| Cash Per Share | 295.95 X | ||||
| Total Debt | 232.9 B | ||||
| Debt To Equity | 0.77 % | ||||
| Current Ratio | 1.41 X | ||||
| Book Value Per Share | 82.43 X | ||||
| Cash Flow From Operations | 49.68 B | ||||
| Short Ratio | 4.12 X | ||||
| Earnings Per Share | 2.00 X | ||||
| Price To Earnings To Growth | 0.38 X | ||||
| Target Price | 125.46 | ||||
| Number Of Employees | 392.29 K | ||||
| Beta | 0.39 | ||||
| Market Capitalization | 155.48 B | ||||
| Total Asset | 805.84 B | ||||
| Retained Earnings | 304.65 B | ||||
| Working Capital | 173.78 B | ||||
| Current Asset | 5.02 B | ||||
| Current Liabilities | 3.78 B | ||||
| Annual Yield | 0.05 % | ||||
| Five Year Return | 1.73 % | ||||
| Net Asset | 805.84 B | ||||
| Last Dividend Paid | 4.4 |
About Fomento Economico Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fomento Economico Mexicano's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fomento Economico using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Fomento Economico Mexicano based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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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.