Fomento Económico Mexicano S.A.B. de C.V (FEMSAUBD) - Net Assets
Based on the latest financial reports, Fomento Económico Mexicano S.A.B. de C.V (FEMSAUBD) has net assets worth MX$327.44 Billion MXN (≈ $18.84 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$807.96 Billion ≈ $46.50 Billion USD) and total liabilities (MX$480.52 Billion ≈ $27.65 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check FEMSAUBD financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$327.44 Billion |
| % of Total Assets | 40.53% |
| Annual Growth Rate | 11.79% |
| 5-Year Change | 24.07% |
| 10-Year Change | 57.59% |
| Growth Volatility | 11.68 |
Fomento Económico Mexicano S.A.B. de C.V - Net Assets Trend (2002–2024)
This chart illustrates how Fomento Económico Mexicano S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. Also explore Fomento Económico Mexicano S.A.B. de C.V total assets for the complete picture of this company's asset base.
Annual Net Assets for Fomento Económico Mexicano S.A.B. de C.V (2002–2024)
The table below shows the annual net assets of Fomento Económico Mexicano S.A.B. de C.V from 2002 to 2024. For live valuation and market cap data, see FEMSAUBD market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | MX$381.13 Billion ≈ $21.93 Billion |
+0.73% |
| 2023-12-31 | MX$378.37 Billion ≈ $21.78 Billion |
+11.73% |
| 2022-12-31 | MX$338.66 Billion ≈ $19.49 Billion |
+1.15% |
| 2021-12-31 | MX$334.82 Billion ≈ $19.27 Billion |
+8.99% |
| 2020-12-31 | MX$307.19 Billion ≈ $17.68 Billion |
-5.70% |
| 2019-12-31 | MX$325.75 Billion ≈ $18.75 Billion |
-2.92% |
| 2018-12-31 | MX$335.54 Billion ≈ $19.31 Billion |
-0.41% |
| 2017-12-31 | MX$336.91 Billion ≈ $19.39 Billion |
+17.73% |
| 2016-12-31 | MX$286.17 Billion ≈ $16.47 Billion |
+18.32% |
| 2015-12-31 | MX$241.86 Billion ≈ $13.92 Billion |
+5.10% |
| 2014-12-31 | MX$230.12 Billion ≈ $13.24 Billion |
+3.40% |
| 2013-12-31 | MX$222.55 Billion ≈ $12.81 Billion |
+5.90% |
| 2012-12-31 | MX$210.16 Billion ≈ $12.09 Billion |
+9.97% |
| 2011-12-31 | MX$191.11 Billion ≈ $11.00 Billion |
+24.90% |
| 2010-12-31 | MX$153.01 Billion ≈ $8.81 Billion |
+32.10% |
| 2009-12-31 | MX$115.83 Billion ≈ $6.67 Billion |
+19.54% |
| 2008-12-31 | MX$96.89 Billion ≈ $5.58 Billion |
+8.08% |
| 2007-12-31 | MX$89.65 Billion ≈ $5.16 Billion |
+20.78% |
| 2006-12-31 | MX$74.23 Billion ≈ $4.27 Billion |
+10.47% |
| 2005-12-31 | MX$67.19 Billion ≈ $3.87 Billion |
+29.10% |
| 2004-12-31 | MX$52.05 Billion ≈ $3.00 Billion |
+12.90% |
| 2003-12-31 | MX$46.10 Billion ≈ $2.65 Billion |
+40.45% |
| 2002-12-31 | MX$32.82 Billion ≈ $1.89 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Fomento Económico Mexicano S.A.B. de C.V's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1906.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$306.40 Billion | 102.99% |
| Total Equity | MX$297.50 Billion | 100.00% |
Fomento Económico Mexicano S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Fomento Económico Mexicano S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chaozhou Three-circle Group Co Ltd
SHE:300408
|
$24.03 Billion |
|
Vodafone Group Plc
F:VODJ
|
$24.04 Billion |
|
Centrais Elétricas Brasileiras S.A. - Eletrobrás
SA:AXIA3
|
$24.06 Billion |
|
Expand Energy Corporation
NASDAQ:EXE
|
$24.07 Billion |
|
Bank Mandiri Persero Tbk PT
JK:BMRI
|
$24.01 Billion |
|
Aker BP ASA
OL:AKRBP
|
$23.97 Billion |
|
Qnity Electronics, Inc
NYSE:Q
|
$23.89 Billion |
|
QBE Insurance Group Ltd
AU:QBE
|
$23.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fomento Económico Mexicano S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 303,860,000,000 to 297,502,000,000, a change of -6,358,000,000 (-2.1%).
- Net income of 26,735,000,000 contributed positively to equity growth.
- Dividend payments of 25,080,000,000 reduced retained earnings.
- Share repurchases of 20,311,000,000 reduced equity.
- Other factors increased equity by 12,298,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$26.73 Billion | +8.99% |
| Dividends Paid | MX$25.08 Billion | -8.43% |
| Share Repurchases | MX$20.31 Billion | -6.83% |
| Other Changes | MX$12.30 Billion | +4.13% |
| Total Change | MX$- | -2.09% |
Book Value vs Market Value Analysis
This analysis compares Fomento Económico Mexicano S.A.B. de C.V's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 12.41x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 137.63x to 12.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | MX$1.50 | MX$206.33 | x |
| 2003-12-31 | MX$1.79 | MX$206.33 | x |
| 2004-12-31 | MX$2.22 | MX$206.33 | x |
| 2005-12-31 | MX$2.80 | MX$206.33 | x |
| 2006-12-31 | MX$3.03 | MX$206.33 | x |
| 2007-12-31 | MX$3.61 | MX$206.33 | x |
| 2008-12-31 | MX$3.85 | MX$206.33 | x |
| 2009-12-31 | MX$4.56 | MX$206.33 | x |
| 2010-12-31 | MX$6.56 | MX$206.33 | x |
| 2011-12-31 | MX$7.47 | MX$206.33 | x |
| 2012-12-31 | MX$8.68 | MX$206.33 | x |
| 2013-12-31 | MX$7.91 | MX$206.33 | x |
| 2014-12-31 | MX$9.53 | MX$206.33 | x |
| 2015-12-31 | MX$10.15 | MX$206.33 | x |
| 2016-12-31 | MX$11.84 | MX$206.33 | x |
| 2017-12-31 | MX$13.99 | MX$206.33 | x |
| 2018-12-31 | MX$14.37 | MX$206.33 | x |
| 2019-12-31 | MX$18.21 | MX$206.33 | x |
| 2020-12-31 | MX$17.17 | MX$206.33 | x |
| 2021-12-31 | MX$18.71 | MX$206.33 | x |
| 2022-12-31 | MX$18.93 | MX$206.33 | x |
| 2023-12-31 | MX$84.92 | MX$206.33 | x |
| 2024-12-31 | MX$16.63 | MX$206.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fomento Económico Mexicano S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.42%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.86x
- Recent ROE (8.99%) is below the historical average (12.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 12.32% | 5.36% | 0.88x | 2.61x | MX$534.03 Million |
| 2003 | 10.89% | 4.08% | 0.73x | 3.67x | MX$253.00 Million |
| 2004 | 16.51% | 6.21% | 0.78x | 3.42x | MX$2.30 Billion |
| 2005 | 11.60% | 5.26% | 0.84x | 2.63x | MX$763.90 Million |
| 2006 | 12.21% | 5.24% | 0.87x | 2.68x | MX$1.20 Billion |
| 2007 | 13.18% | 5.77% | 0.89x | 2.57x | MX$2.05 Billion |
| 2008 | 9.75% | 3.99% | 0.91x | 2.69x | MX$-174.10 Million |
| 2009 | 12.14% | 5.03% | 0.93x | 2.59x | MX$1.74 Billion |
| 2010 | 34.30% | 23.72% | 0.76x | 1.91x | MX$28.52 Billion |
| 2011 | 11.33% | 7.45% | 0.74x | 2.06x | MX$1.77 Billion |
| 2012 | 13.34% | 8.69% | 0.81x | 1.91x | MX$5.18 Billion |
| 2013 | 9.99% | 6.17% | 0.72x | 2.25x | MX$-17.20 Million |
| 2014 | 9.80% | 6.34% | 0.70x | 2.21x | MX$-346.30 Million |
| 2015 | 9.74% | 5.68% | 0.76x | 2.25x | MX$-469.40 Million |
| 2016 | 9.98% | 5.29% | 0.73x | 2.57x | MX$-50.40 Million |
| 2017 | 16.94% | 9.21% | 0.78x | 2.35x | MX$17.38 Billion |
| 2018 | 9.33% | 5.11% | 0.81x | 2.24x | MX$-1.71 Billion |
| 2019 | 6.35% | 4.08% | 0.79x | 1.96x | MX$-11.88 Billion |
| 2020 | 1.34% | 0.84% | 0.72x | 2.23x | MX$-26.60 Billion |
| 2021 | 8.51% | 5.12% | 0.75x | 2.20x | MX$-4.99 Billion |
| 2022 | 7.31% | 3.68% | 0.84x | 2.36x | MX$-9.11 Billion |
| 2023 | 21.62% | 9.35% | 0.87x | 2.65x | MX$35.30 Billion |
| 2024 | 8.99% | 3.42% | 0.92x | 2.86x | MX$-3.02 Billion |
Industry Comparison
This section compares Fomento Económico Mexicano S.A.B. de C.V's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $62,556,000,000
- Average return on equity (ROE) among peers: 18.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fomento Económico Mexicano S.A.B. de C.V (FEMSAUBD) | MX$327.44 Billion | 12.32% | 1.47x | $24.02 Billion |
| Ambev S.A (ABEVN) | $62.56 Billion | 18.83% | 0.63x | $44.92 Billion |
About Fomento Económico Mexicano S.A.B. de C.V
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. The company operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. It produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragu… Read more