Calculating The Intrinsic Value Of Fomento Económico Mexicano, S.A.B. de C.V. (BMV:FEMSAUBD)
Apr 30
Mexican (IPC) Beverage Industry Analysis
UpdatedMay 10, 2024
DataAggregated Company Financials
Companies4
- 7D0.8%
- 3M-13.8%
- 1Y2.9%
- YTD-7.1%
The Beverage industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 13% per annum.
Industry Valuation and Performance
Has the Mexican Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 10 May 2024 | Mex$1.1t | Mex$980.6b | Mex$50.6b | 21.2x | 21.3x | 1.1x |
| Sun, 07 Apr 2024 | Mex$1.1t | Mex$963.0b | Mex$56.8b | 19.8x | 19.9x | 1.2x |
| Tue, 05 Mar 2024 | Mex$1.2t | Mex$960.9b | Mex$57.5b | 20x | 20x | 1.2x |
| Thu, 01 Feb 2024 | Mex$1.2t | Mex$1.0t | Mex$61.7b | 20.3x | 19.5x | 1.2x |
| Sat, 30 Dec 2023 | Mex$1.2t | Mex$1.0t | Mex$61.7b | 19.2x | 18.8x | 1.1x |
| Mon, 27 Nov 2023 | Mex$1.1t | Mex$1.0t | Mex$61.7b | 18.3x | 17.9x | 1.1x |
| Wed, 25 Oct 2023 | Mex$1.0t | Mex$999.6b | Mex$56.8b | 17.7x | 18.1x | 1x |
| Fri, 22 Sep 2023 | Mex$1.1t | Mex$999.6b | Mex$56.8b | 18.2x | 18.5x | 1.1x |
| Sun, 20 Aug 2023 | Mex$1.1t | Mex$999.6b | Mex$56.8b | 18.8x | 19.3x | 1.1x |
| Tue, 18 Jul 2023 | Mex$1.1t | Mex$966.7b | Mex$51.3b | 20.7x | 20.7x | 1.1x |
| Thu, 15 Jun 2023 | Mex$1.1t | Mex$966.7b | Mex$51.3b | 21.1x | 21x | 1.1x |
| Sat, 13 May 2023 | Mex$1.0t | Mex$966.8b | Mex$51.5b | 20.5x | 20.2x | 1.1x |
| Mon, 10 Apr 2023 | Mex$1.0t | Mex$929.3b | Mex$46.9b | 21.5x | 21.7x | 1.1x |
| Wed, 08 Mar 2023 | Mex$974.9b | Mex$927.1b | Mex$46.9b | 20.5x | 20.8x | 1.1x |
| Fri, 03 Feb 2023 | Mex$973.1b | Mex$896.1b | Mex$46.8b | 21.4x | 20.8x | 1.1x |
| Sun, 01 Jan 2023 | Mex$940.4b | Mex$896.1b | Mex$46.8b | 20.3x | 20.1x | 1x |
| Tue, 29 Nov 2022 | Mex$950.4b | Mex$896.1b | Mex$46.8b | 20.6x | 20.3x | 1.1x |
| Thu, 27 Oct 2022 | Mex$885.4b | Mex$857.1b | Mex$48.9b | 19.2x | 18.1x | 1x |
| Sat, 24 Sep 2022 | Mex$813.3b | Mex$857.1b | Mex$48.9b | 17.1x | 16.6x | 0.9x |
| Mon, 22 Aug 2022 | Mex$854.1b | Mex$857.1b | Mex$48.9b | 17.7x | 17.4x | 1x |
| Wed, 20 Jul 2022 | Mex$842.0b | Mex$817.1b | Mex$45.1b | 18.7x | 18.7x | 1x |
| Fri, 17 Jun 2022 | Mex$860.8b | Mex$817.1b | Mex$45.1b | 17.9x | 19.1x | 1.1x |
| Sun, 15 May 2022 | Mex$902.3b | Mex$817.1b | Mex$45.1b | 19x | 20x | 1.1x |
| Tue, 12 Apr 2022 | Mex$927.4b | Mex$786.4b | Mex$46.2b | 19.1x | 20.1x | 1.2x |
| Thu, 10 Mar 2022 | Mex$920.7b | Mex$784.0b | Mex$46.2b | 19.4x | 19.9x | 1.2x |
| Sat, 05 Feb 2022 | Mex$915.0b | Mex$755.1b | Mex$36.8b | 27.1x | 24.9x | 1.2x |
| Mon, 03 Jan 2022 | Mex$950.5b | Mex$755.1b | Mex$36.8b | 30.4x | 25.8x | 1.3x |
| Wed, 01 Dec 2021 | Mex$926.1b | Mex$755.1b | Mex$36.8b | 25.9x | 25.2x | 1.2x |
| Fri, 29 Oct 2021 | Mex$945.4b | Mex$736.5b | Mex$26.1b | 26.6x | 36.3x | 1.3x |
| Sun, 26 Sep 2021 | Mex$952.8b | Mex$736.5b | Mex$26.1b | 26.6x | 36.6x | 1.3x |
| Tue, 24 Aug 2021 | Mex$962.3b | Mex$736.5b | Mex$26.1b | 27.7x | 36.9x | 1.3x |
| Wed, 30 Jun 2021 | Mex$942.7b | Mex$736.5b | Mex$26.1b | 30.4x | 36.2x | 1.3x |
Price to Earnings Ratio
80.8x
Current Industry PE
- Investors are pessimistic on the Mexican Beverage industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 21.3x which is lower than its 3-year average PE of 23.9x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 64% per year over the last three years.
- Revenues for these companies have grown 11% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Mexican Consumer Staples industry?
| MX Market | 1.04% | |
| Consumer Staples | 1.73% | |
| Beverage | 0.84% | |
| Distillers and Wine Makers | 1.59% | |
| Soft Drinks | 0.74% | |
| Brewers | 0% | |
Industry PE
- Investors are most optimistic about the Distillers and Wine Makers industry, which is trading close to its 3-year average PE ratio of 30.3x.
- Analysts are expecting annual earnings growth of 16.0%, which is higher than its past year's earnings decline of 21.5% per year.
- Investors are most pessimistic about the Soft Drinks industry, which is trading below its 3-year average of 24.3x.
Forecasted Growth
- Analysts are most optimistic on the Distillers and Wine Makers industry, expecting annual earnings growth of 16% over the next 5 years.
- This is better than its past earnings decline of 22% per year.
- In contrast, the Soft Drinks industry is expected to see its earnings grow by 13% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FEMSA UBD Fomento Económico Mexicano. de | Mex$203.82 | 1.3% +Mex$9.0b | 14.6% | PE26.4x | |
| AC * Arca Continental. de | Mex$172.56 | 2.9% +Mex$8.2b | -2.9% | PE16.7x | |
| CUERVO * Becle. de | Mex$34.30 | 0.7% +Mex$897.8m | -18.3% | PE27.4x | |
| CULTIBA B Organización Cultiba. de | Mex$10.70 | 0.2% +Mex$13.9m | -16.4% | PE6.9x |