Coca-Cola FEMSA, S.A.B. de C.V.

NYSE:KOF Stock Report

Market Cap: US$16.5b

Coca-Cola FEMSA. de Valuation

Is KOF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KOF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: KOF ($77.99) is trading below our estimate of fair value ($188.84)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KOF?

Key metric: As KOF is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KOF. This is calculated by dividing KOF's market cap by their current earnings.
What is KOF's PE Ratio?
PE Ratio15.3x
EarningsMex$21.77b
Market CapMex$335.84b

Price to Earnings Ratio vs Peers

How does KOF's PE Ratio compare to its peers?

The above table shows the PE ratio for KOF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average24x
COKE Coca-Cola Consolidated
20.5xn/aUS$10.7b
KDP Keurig Dr Pepper
19.1x6.1%US$42.8b
MNST Monster Beverage
32.5x11.5%US$52.3b
FIZZ National Beverage
24.1xn/aUS$4.4b
KOF Coca-Cola FEMSA. de
15.3x12.1%US$16.5b

Price-To-Earnings vs Peers: KOF is good value based on its Price-To-Earnings Ratio (15.3x) compared to the peer average (24x).

Price to Earnings Ratio vs Industry

How does KOF's PE Ratio compare vs other companies in the North American Beverage Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KOF 15.3xIndustry Avg. 17.9xNo. of Companies3PE01632486480+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KOF is good value based on its Price-To-Earnings Ratio (15.3x) compared to the Global Beverage industry average (17.9x).

Price to Earnings Ratio vs Fair Ratio

What is KOF's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KOF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.3x
Fair PE Ratio24.5x

Price-To-Earnings vs Fair Ratio: KOF is good value based on its Price-To-Earnings Ratio (15.3x) compared to the estimated Fair Price-To-Earnings Ratio (24.5x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KOF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$77.99
US$106.55
+36.6%
25.1%US$195.00US$70.00n/a14
Nov ’25US$81.33
US$109.11
+34.2%
24.2%US$195.00US$70.00n/a14
Oct ’25US$89.36
US$107.26
+20.0%
24.9%US$195.00US$70.00n/a14
Sep ’25US$84.24
US$107.09
+27.1%
24.9%US$195.00US$70.00n/a14
Aug ’25US$88.32
US$108.09
+22.4%
24.6%US$195.00US$70.00n/a14
Jul ’25US$82.85
US$110.05
+32.8%
23.9%US$195.00US$70.00n/a14
Jun ’25US$93.66
US$110.05
+17.5%
23.9%US$195.00US$70.00n/a14
May ’25US$98.49
US$110.61
+12.3%
24.3%US$195.00US$70.00n/a14
Apr ’25US$96.17
US$107.05
+11.3%
25.2%US$195.00US$70.00n/a14
Mar ’25US$96.96
US$101.72
+4.9%
14.5%US$134.00US$70.00n/a14
Feb ’25US$97.88
US$94.65
-3.3%
17.1%US$134.00US$67.00n/a15
Jan ’25US$94.64
US$91.99
-2.8%
16.8%US$134.00US$67.00n/a15
Dec ’24US$85.64
US$91.48
+6.8%
17.9%US$134.00US$67.00n/a13
Nov ’24US$76.79
US$92.20
+20.1%
18.1%US$134.00US$67.00US$81.3313
Oct ’24US$78.44
US$94.03
+19.9%
17.6%US$134.00US$67.00US$89.3612
Sep ’24US$84.69
US$94.49
+11.6%
17.0%US$134.00US$67.00US$84.2413
Aug ’24US$83.70
US$95.01
+13.5%
18.0%US$134.00US$67.00US$88.3213
Jul ’24US$83.31
US$89.62
+7.6%
17.9%US$134.00US$67.00US$82.8514
Jun ’24US$83.45
US$86.90
+4.1%
17.9%US$134.00US$67.00US$93.6614
May ’24US$83.72
US$84.85
+1.4%
18.9%US$134.00US$67.00US$98.4914
Apr ’24US$80.47
US$80.08
-0.5%
20.5%US$134.00US$61.00US$96.1714
Mar ’24US$73.05
US$73.19
+0.2%
8.9%US$83.00US$61.00US$96.9613
Feb ’24US$75.53
US$70.89
-6.1%
10.5%US$79.81US$56.00US$97.8811
Jan ’24US$67.88
US$68.89
+1.5%
9.1%US$77.00US$56.00US$94.6411
Dec ’23US$68.68
US$67.73
-1.4%
8.9%US$77.00US$56.00US$85.6412
Nov ’23US$64.36
US$69.06
+7.3%
11.5%US$86.00US$56.00US$76.7912

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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