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

NYSE:KOF Stock Report

Market Cap: US$16.7b

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 ($79.63) is trading below our estimate of fair value ($191.12)

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 Ratio15.4x
EarningsMex$21.77b
Market CapMex$335.81b

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 Average37.9x
PRMB Primo Brands
81x107.5%US$11.7b
COKE Coca-Cola Consolidated
19.9xn/aUS$10.5b
KDP Keurig Dr Pepper
19.3x6.3%US$43.9b
MNST Monster Beverage
31.3x11.4%US$50.3b
KOF Coca-Cola FEMSA. de
15.4x12.0%US$16.7b

Price-To-Earnings vs Peers: KOF is good value based on its Price-To-Earnings Ratio (15.4x) compared to the peer average (37.9x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASII Accredited Solutions
0.5xn/aUS$1.33m
VWES.Q Vintage Wine Estates
n/an/aUS$59.00
No more companies available in this PE range
KOF 15.4xIndustry Avg. 18.2xNo. of Companies3PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KOF is good value based on its Price-To-Earnings Ratio (15.4x) compared to the Global Beverage industry average (18.2x).

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 Ratio15.4x
Fair PE Ratio24.4x

Price-To-Earnings vs Fair Ratio: KOF is good value based on its Price-To-Earnings Ratio (15.4x) compared to the estimated Fair Price-To-Earnings Ratio (24.4x).

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$79.63
US$109.47
+37.5%
23.1%US$195.00US$92.00n/a13
Dec ’25US$79.63
US$107.08
+34.5%
24.7%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$67.00US$79.6313
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

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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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:45
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Coca-Cola FEMSA, S.A.B. de C.V. is covered by 35 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Antonio Hernandez Velez LeijaActinver Case de Bolsa, S.A. de C.V.
Benjamin TheurerBarclays
David BelaundeBarclays