Mexican Economic Development Inc
Mexican Economic Development Inc (FMX) is listed on NYSE and classified in Beverages - Brewers, part of the Consumer Defensive sector. It is headquartered in Monterrey, Mexico and has 381,480 employees. The company is worth $43.96B and trades at 9.1x its earnings of the last twelve months; the median for its sector is 18.2x. Revenue was MX$840.95B in fiscal 2025, up 7.6% from the year before. Net income was MX$19.43B. The share price is 8.8% below its 52-week high of $141.47. It pays a dividend yielding 3.54%. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Baillie Gifford (Baillie Gifford & Co), at $342.01M. In that quarter, 1 of them opened or added to the position and 3 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Revenue, debt and profit are in MXN, the currency the company reports in — not converted to dollars. Dividends are in dollars.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +78.8% over 5Y.
today you would have $1,796.66▲ +79.7%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $101.07 | $85.49 | $130.35 | $78.12 | |
| EPS | MX$49.50 | MX$112.11 | MX$185.54 | MX$69.19 | |
| Dividend yield | 2.88% | 4.64% | 3.59% | 1.60% | 2.17% |
| Profit margin | 3.71% | 2.31% | 3.42% | 9.35% | 4.00% |
| ROE | 9.05% | 7.93% | 8.99% |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 3.5% dividend yield. Growth capped at 25%.
Median P/E of 18.2 among peers in the sector.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Consumer Defensive, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| SYYSysco Corp | $83.97 | 22.9x | 15.1x | 2.62% | 77.69% | $41.31B |
| KDPKeurig Dr Pepper Inc. | $35.19 | 34.8x | 1.9x | 2.61% | 5.10% | $47.89B |
| KRKroger Co | $67.87 | 37.7x | 6.9x | 2.30% | 14.44% | $40.08B |
| ELEstee Lauder Companies Inc | $107.72 |
| 21.62% |
| 9.10% |
This company reports in MXN, and the stock trades in dollars. P/E, P/S, P/B and payout would divide dollars by MXN, so they are not shown; EPS is in MXN. Margin, ROE and dividend yield do not depend on the currency.
Median of the years shown; P/E years above 200x are left out.
Dividend growing 5.5% a year against a 7.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
4 methods answered, across 2 families.
Room for errors in the reported numbers.
+81.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 207.2x |
| 10.2x |
| 1.30% |
| 4.75% |
| $39.03B |
| CCEPCOCA-COLA EUROPACIFIC PARTNERS plc | $114.23 | 22.1x | 5.4x | 2.11% | 23.54% | $50.2B |
| ADMArcher-Daniels-Midland Co | $79.84 | 21.8x | 1.6x | 2.61% | 7.64% | $38.48B |