Fomento Economico Mexicano Stock Price To Book

FMX Stock

USD 87.14 0.50 0.58%

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.

Short Long Term Debt Total Total Assets

Price To Book Ratio is likely to drop to 4.71 in 2024.

This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Fomento Economico Mexicano Company Price To Book Analysis

Fomento Economico's Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

P/B

MV Per Share

BV Per Share

More About Price To Book | All Equity Analysis

Current Fomento Economico Price To Book

2.10 X

Most of Fomento Economico's fundamental indicators, such as Price To Book, 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 Price To Book 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 Price To Book. 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.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Long Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Short Term Investments	Net Tangible Assets	Long Term Investments	Short Long Term Debt	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.93	-0.14	0.67	0.97	0.96	0.81	0.77	0.95	0.92	0.54	0.87	0.77	0.54	0.93	0.58	0.53	-0.06	-0.71	0.89	0.68	0.69	-0.31	0.27	-0.37
Total Stockholder Equity	0.93		-0.05	0.45	0.98	0.89	0.81	0.56	0.8	0.93	0.75	0.69	0.67	0.48	0.89	0.7	0.46	-0.2	-0.64	0.75	0.64	0.53	-0.13	0.34	-0.48
Current Deferred Revenue	-0.14	-0.05		-0.16	-0.04	-0.28	0.03	-0.24	-0.17	0.05	0.01	-0.24	-0.37	-0.35	0.0	0.14	-0.47	-0.45	0.16	-0.14	-0.03	-0.28	0.57	0.24	-0.27
Net Debt	0.67	0.45	-0.16		0.57	0.7	0.56	0.9	0.73	0.44	-0.05	0.78	0.67	0.61	0.57	0.19	0.26	0.07	-0.72	0.73	0.61	0.52	-0.41	0.08	0.12
Retained Earnings	0.97	0.98	-0.04	0.57		0.94	0.83	0.66	0.88	0.95	0.63	0.77	0.71	0.55	0.92	0.67	0.47	-0.2	-0.7	0.82	0.66	0.62	-0.18	0.35	-0.45
Accounts Payable	0.96	0.89	-0.28	0.7	0.94		0.79	0.8	0.92	0.86	0.51	0.9	0.75	0.64	0.9	0.6	0.62	0.0	-0.76	0.88	0.74	0.7	-0.4	0.21	-0.29
Net Receivables	0.81	0.81	0.03	0.56	0.83	0.79		0.65	0.63	0.72	0.48	0.67	0.79	0.61	0.69	0.54	0.35	-0.07	-0.69	0.6	0.82	0.21	0.04	0.19	-0.28
Good Will	0.77	0.56	-0.24	0.9	0.66	0.8	0.65		0.82	0.53	0.08	0.85	0.75	0.64	0.69	0.19	0.4	0.17	-0.71	0.81	0.66	0.51	-0.58	-0.04	0.13
Total Liab	0.95	0.8	-0.17	0.73	0.88	0.92	0.63	0.82		0.86	0.38	0.91	0.67	0.45	0.93	0.48	0.55	0.02	-0.66	0.94	0.58	0.82	-0.46	0.23	-0.3
Total Current Assets	0.92	0.93	0.05	0.44	0.95	0.86	0.72	0.53	0.86		0.68	0.74	0.53	0.31	0.94	0.73	0.5	-0.19	-0.57	0.83	0.58	0.68	-0.05	0.51	-0.55
Short Term Debt	0.54	0.75	0.01	-0.05	0.63	0.51	0.48	0.08	0.38	0.68		0.33	0.28	0.12	0.63	0.58	0.28	-0.16	-0.29	0.43	0.46	0.26	0.05	0.32	-0.48
Long Term Debt	0.87	0.69	-0.24	0.78	0.77	0.9	0.67	0.85	0.91	0.74	0.33		0.69	0.46	0.86	0.44	0.59	0.15	-0.73	0.92	0.8	0.74	-0.45	0.16	-0.17
Intangible Assets	0.77	0.67	-0.37	0.67	0.71	0.75	0.79	0.75	0.67	0.53	0.28	0.69		0.71	0.54	0.27	0.41	0.15	-0.64	0.63	0.63	0.39	-0.36	0.05	0.1
Common Stock	0.54	0.48	-0.35	0.61	0.55	0.64	0.61	0.64	0.45	0.31	0.12	0.46	0.71		0.32	0.12	0.14	-0.08	-0.6	0.39	0.47	0.22	-0.28	-0.04	0.13
Property Plant Equipment	0.93	0.89	0.0	0.57	0.92	0.9	0.69	0.69	0.93	0.94	0.63	0.86	0.54	0.32		0.61	0.51	-0.09	-0.64	0.92	0.69	0.71	-0.27	0.34	-0.45
Short Term Investments	0.58	0.7	0.14	0.19	0.67	0.6	0.54	0.19	0.48	0.73	0.58	0.44	0.27	0.12	0.61		0.64	-0.11	-0.36	0.5	0.44	0.47	0.09	0.47	-0.44
Net Tangible Assets	0.53	0.46	-0.47	0.26	0.47	0.62	0.35	0.4	0.55	0.5	0.28	0.59	0.41	0.14	0.51	0.64		0.54	-0.17	0.56	0.34	0.61	-0.45	0.1	-0.07
Long Term Investments	-0.06	-0.2	-0.45	0.07	-0.2	0.0	-0.07	0.17	0.02	-0.19	-0.16	0.15	0.15	-0.08	-0.09	-0.11	0.54		0.36	0.04	-0.03	0.04	-0.4	-0.36	0.32
Short Long Term Debt	-0.71	-0.64	0.16	-0.72	-0.7	-0.76	-0.69	-0.71	-0.66	-0.57	-0.29	-0.73	-0.64	-0.6	-0.64	-0.36	-0.17	0.36		-0.66	-0.77	-0.42	0.23	-0.15	0.13
Long Term Debt Total	0.89	0.75	-0.14	0.73	0.82	0.88	0.6	0.81	0.94	0.83	0.43	0.92	0.63	0.39	0.92	0.5	0.56	0.04	-0.66		0.65	0.81	-0.43	0.39	-0.12
Capital Surpluse	0.68	0.64	-0.03	0.61	0.66	0.74	0.82	0.66	0.58	0.58	0.46	0.8	0.63	0.47	0.69	0.44	0.34	-0.03	-0.77	0.65		0.27	-0.09	0.12	-0.18
Cash And Equivalents	0.69	0.53	-0.28	0.52	0.62	0.7	0.21	0.51	0.82	0.68	0.26	0.74	0.39	0.22	0.71	0.47	0.61	0.04	-0.42	0.81	0.27		-0.5	0.37	-0.18
Net Invested Capital	-0.31	-0.13	0.57	-0.41	-0.18	-0.4	0.04	-0.58	-0.46	-0.05	0.05	-0.45	-0.36	-0.28	-0.27	0.09	-0.45	-0.4	0.23	-0.43	-0.09	-0.5		0.48	-0.33
Net Working Capital	0.27	0.34	0.24	0.08	0.35	0.21	0.19	-0.04	0.23	0.51	0.32	0.16	0.05	-0.04	0.34	0.47	0.1	-0.36	-0.15	0.39	0.12	0.37	0.48		-0.11
Capital Stock	-0.37	-0.48	-0.27	0.12	-0.45	-0.29	-0.28	0.13	-0.3	-0.55	-0.48	-0.17	0.1	0.13	-0.45	-0.44	-0.07	0.32	0.13	-0.12	-0.18	-0.18	-0.33	-0.11

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Fomento Price To Book Historical Pattern

Today, most investors in Fomento Economico Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Fomento Economico's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's price to book growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Fomento Economico price to book as a starting point in their analysis.

Fomento Economico Price To Book

Timeline

Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Competition

Predict Fomento Economico

Price Book Value Ratio Over Time

Fomento Book Value Per Share

Book Value Per Share

31.15

At this time, Fomento Economico's Book Value Per Share is fairly stable compared to the past year.

Based on the latest financial disclosure, Fomento Economico Mexicano has a Price To Book of 2.1042 times. This is 62.76% lower than that of the Beverages sector and significantly higher than that of the Consumer Staples industry. The price to book for all United States stocks is 77.87% higher than that of the company.

Fomento Price To Book 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 Price To Book 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 price to book 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 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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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.

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