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KOF

Coca-Cola FEMSA. deNYSE:KOF Stock Report

Market Cap

US$12.1b

7D

1.4%

1Y

41.4%

Updated

26 Sep, 2021

Data

Company Financials +
KOF fundamental analysis
Snowflake Score
Valuation4/6
Future Growth1/6
Past Performance4/6
Financial Health3/6
Dividends6/6

KOF Overview

Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages.

Coca-Cola FEMSA. de Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Coca-Cola FEMSA. de
Historical stock prices
Current Share PriceUS$57.59
52 Week HighUS$36.16
52 Week LowUS$59.07
Beta0.88
1 Month Change1.27%
3 Month Change11.09%
1 Year Change41.40%
3 Year Change-5.96%
5 Year Change-23.21%
Change since IPO676.49%

Recent News & Updates

Sep 14
We Think Coca-Cola FEMSA. de (NYSE:KOF) Can Stay On Top Of Its Debt

We Think Coca-Cola FEMSA. de (NYSE:KOF) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Sep 07

3 Reasons Not To Buy Coca-Cola

KO is one of the great Dividend Kings that has grown its dividend payment for 59 years. KO boasts a wide moat business model thanks to owning one of the most valuable brands in the world and a strong global supply chain. That said, we are steering clear for three reasons.

Aug 04

Coca-Cola FEMSA: An Underrated Dividend Growth Stock

We initiated our KOF position back on February 12th. Since then, the stock has crushed the S&P 500 while paying out a hefty dividend yield. We review Q2 results and share our outlook moving forward.

Aug 01
Does Coca-Cola FEMSA. de (NYSE:KOF) Deserve A Spot On Your Watchlist?

Does Coca-Cola FEMSA. de (NYSE:KOF) Deserve A Spot On Your Watchlist?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

KOFUS BeverageUS Market
7D1.4%-0.7%0.1%
1Y41.4%14.1%35.3%

Return vs Industry: KOF exceeded the US Beverage industry which returned 14.1% over the past year.

Return vs Market: KOF exceeded the US Market which returned 35.3% over the past year.

Price Volatility

Is KOF's price volatile compared to industry and market?
KOF volatility
KOF Beta0.88
Industry Beta0.74
Market Beta1

Stable Share Price: KOF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: KOF's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197981,512John Santa Maria Otazuahttps://www.coca-colafemsa.com

Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and still beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks. It provides a portfolio of products through retail outlets, such as wholesale supermarkets, discount stores, and convenience stores; retailers, such as restaurants and bars, as well as stadiums, auditoriums, and theaters; points-of-sale outlets; and home delivery, supermarkets, and other locations.

Coca-Cola FEMSA. de Fundamentals Summary

How do Coca-Cola FEMSA. de's earnings and revenue compare to its market cap?
KOF fundamental statistics
Market CapMex$243.49b
Earnings (TTM)Mex$12.12b
Revenue (TTM)Mex$187.77b

20.1x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KOF income statement (TTM)
RevenueMex$187.77b
Cost of RevenueMex$102.22b
Gross ProfitMex$85.55b
ExpensesMex$73.43b
EarningsMex$12.12b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)57.70
Gross Margin45.56%
Net Profit Margin6.46%
Debt/Equity Ratio71.0%

How did KOF perform over the long term?

See historical performance and comparison

Dividends

4.3%

Current Dividend Yield

87%

Payout Ratio

Valuation

Is Coca-Cola FEMSA. de undervalued compared to its fair value and its price relative to the market?

33.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KOF ($57.59) is trading below our estimate of fair value ($86.15)

Significantly Below Fair Value: KOF is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: KOF is good value based on its PE Ratio (20.1x) compared to the US Beverage industry average (31.9x).

PE vs Market: KOF is poor value based on its PE Ratio (20.1x) compared to the US market (17.9x).


Price to Earnings Growth Ratio

PEG Ratio: KOF is poor value based on its PEG Ratio (2x)


Price to Book Ratio

PB vs Industry: KOF is good value based on its PB Ratio (2.1x) compared to the US Beverage industry average (5.1x).


Future Growth

How is Coca-Cola FEMSA. de forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

10.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: KOF's forecast earnings growth (10.2% per year) is above the savings rate (2%).

Earnings vs Market: KOF's earnings (10.2% per year) are forecast to grow slower than the US market (15% per year).

High Growth Earnings: KOF's earnings are forecast to grow, but not significantly.

Revenue vs Market: KOF's revenue (4.8% per year) is forecast to grow slower than the US market (9.8% per year).

High Growth Revenue: KOF's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KOF's Return on Equity is forecast to be low in 3 years time (14.7%).


Past Performance

How has Coca-Cola FEMSA. de performed over the past 5 years?

12.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOF has high quality earnings.

Growing Profit Margin: KOF's current net profit margins (6.5%) are higher than last year (5.7%).


Past Earnings Growth Analysis

Earnings Trend: KOF's earnings have grown by 12% per year over the past 5 years.

Accelerating Growth: KOF's earnings growth over the past year (13.4%) exceeds its 5-year average (12% per year).

Earnings vs Industry: KOF earnings growth over the past year (13.4%) underperformed the Beverage industry 37.8%.


Return on Equity

High ROE: KOF's Return on Equity (10.7%) is considered low.


Financial Health

How is Coca-Cola FEMSA. de's financial position?


Financial Position Analysis

Short Term Liabilities: KOF's short term assets (MX$75.0B) exceed its short term liabilities (MX$48.0B).

Long Term Liabilities: KOF's short term assets (MX$75.0B) do not cover its long term liabilities (MX$97.5B).


Debt to Equity History and Analysis

Debt Level: KOF's debt to equity ratio (71%) is considered high.

Reducing Debt: KOF's debt to equity ratio has increased from 61.6% to 71% over the past 5 years.

Debt Coverage: KOF's debt is well covered by operating cash flow (41.3%).

Interest Coverage: KOF's interest payments on its debt are well covered by EBIT (5.6x coverage).


Balance Sheet


Dividend

What is Coca-Cola FEMSA. de current dividend yield, its reliability and sustainability?

4.35%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KOF's dividend (4.35%) is higher than the bottom 25% of dividend payers in the US market (1.33%).

High Dividend: KOF's dividend (4.35%) is in the top 25% of dividend payers in the US market (3.6%)


Stability and Growth of Payments

Stable Dividend: KOF's dividends per share have been stable in the past 10 years.

Growing Dividend: KOF's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (87.3%), KOF's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: KOF's dividends in 3 years are forecast to be covered by earnings (72.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.7yrs

Average management tenure


CEO

John Santa Maria Otazua (64 yo)

7.67yrs

Tenure

Mr. John Anthony Santa Maria Otazua has been the Chief Executive Officer of Coca-Cola FEMSA of Fomento Económico Mexicano, S.A.B. de C.V. (formerly known as Fomento Economico Mexicano S.A.B. de C.V.) since...


Leadership Team

Experienced Management: KOF's management team is considered experienced (3.7 years average tenure).


Board Members

Experienced Board: KOF's board of directors are seasoned and experienced ( 18.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Coca-Cola FEMSA, S.A.B. de C.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Coca-Cola FEMSA, S.A.B. de C.V.
  • Ticker: KOF
  • Exchange: NYSE
  • Founded: 1979
  • Industry: Soft Drinks
  • Sector: Food, Beverage & Tobacco
  • Market Cap: US$12.099b
  • Shares outstanding: 210.08m
  • Website: https://www.coca-colafemsa.com

Number of Employees


Location

  • Coca-Cola FEMSA, S.A.B. de C.V.
  • Calle Mario Pani No. 100
  • Santa Fe Cuajimalpa
  • Mexico City
  • Distrito Federal
  • 5348
  • Mexico

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/26 22:12
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.