Fomento Economico Mexicano
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. It operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragu… Read more
Fomento Economico Mexicano (FMX) - Net Assets
Latest net assets as of December 2025: $329.35 Billion USD
Based on the latest financial reports, Fomento Economico Mexicano (FMX) has net assets worth $329.35 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($795.88 Billion) and total liabilities ($466.52 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $329.35 Billion |
| % of Total Assets | 41.38% |
| Annual Growth Rate | 11.24% |
| 5-Year Change | 25.42% |
| 10-Year Change | 15.09% |
| Growth Volatility | 15.41 |
Fomento Economico Mexicano - Net Assets Trend (1996–2025)
This chart illustrates how Fomento Economico Mexicano's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fomento Economico Mexicano (1996–2025)
The table below shows the annual net assets of Fomento Economico Mexicano from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $329.35 Billion | -13.91% |
| 2024-12-31 | $382.58 Billion | +0.91% |
| 2023-12-31 | $379.13 Billion | +44.37% |
| 2022-12-31 | $262.60 Billion | +0.00% |
| 2021-12-31 | $262.60 Billion | +10.46% |
| 2020-12-31 | $237.74 Billion | -27.02% |
| 2019-12-31 | $325.75 Billion | -2.92% |
| 2018-12-31 | $335.54 Billion | -0.41% |
| 2017-12-31 | $336.91 Billion | +17.73% |
| 2016-12-31 | $286.17 Billion | +18.32% |
| 2015-12-31 | $241.86 Billion | +5.10% |
| 2014-12-31 | $230.12 Billion | +3.40% |
| 2013-12-31 | $222.55 Billion | +5.90% |
| 2012-12-31 | $210.16 Billion | +9.97% |
| 2011-12-31 | $191.11 Billion | +24.90% |
| 2010-12-31 | $153.01 Billion | +32.10% |
| 2009-12-31 | $115.83 Billion | +19.54% |
| 2008-12-31 | $96.89 Billion | +8.08% |
| 2007-12-31 | $89.65 Billion | +20.78% |
| 2006-12-31 | $74.23 Billion | +10.47% |
| 2005-12-31 | $67.19 Billion | +29.10% |
| 2004-12-31 | $52.05 Billion | +12.90% |
| 2003-12-31 | $46.10 Billion | +40.45% |
| 2002-12-31 | $32.82 Billion | +15.55% |
| 2001-12-31 | $28.40 Billion | +12.80% |
| 2000-12-31 | $25.18 Billion | -1.34% |
| 1999-12-31 | $25.52 Billion | +18.01% |
| 1998-12-31 | $21.63 Billion | +37.73% |
| 1997-12-31 | $15.70 Billion | +4.62% |
| 1996-12-31 | $15.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fomento Economico Mexicano'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 3463.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $279.28 Billion | 113.81% |
| Common Stock | $2.86 Billion | 1.17% |
| Other Comprehensive Income | $-19.68 Billion | -8.02% |
| Total Equity | $245.38 Billion | 100.00% |
Fomento Economico Mexicano Competitors by Market Cap
The table below lists competitors of Fomento Economico Mexicano ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Experian plc PK
OTCQX:EXPGY
|
$37.67 Billion |
|
WEC Energy Group Inc
NYSE:WEC
|
$37.69 Billion |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
$37.70 Billion |
|
Trip.com Group Limited
PINK:TRPCF
|
$37.72 Billion |
|
Infineon Technologies AG
OTCQX:IFNNF
|
$37.45 Billion |
|
Goodman Group
PINK:GMGSF
|
$37.36 Billion |
|
Hartford Financial Services Group
NYSE:HIG
|
$37.29 Billion |
|
Alimentation Couchen Tard Inc A
PINK:ANCTF
|
$37.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fomento Economico Mexicano's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 382,584,000,000 to 245,381,231,000, a change of -137,202,769,000 (-35.9%).
- Net income of 19,431,000,000 contributed positively to equity growth.
- Dividend payments of 46,826,655,000 reduced retained earnings.
- Share repurchases of 14,582,153,000 reduced equity.
- Other comprehensive income decreased equity by 10,110,207,000.
- Other factors decreased equity by 85,114,754,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $19.43 Billion | +7.92% |
| Dividends Paid | $46.83 Billion | -19.08% |
| Share Repurchases | $14.58 Billion | -5.94% |
| Other Comprehensive Income | $-10.11 Billion | -4.12% |
| Other Changes | $-85.11 Billion | -34.69% |
| Total Change | $- | -35.86% |
Book Value vs Market Value Analysis
This analysis compares Fomento Economico Mexicano'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: 0.15x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 9.36x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $11.44 | $107.00 | x |
| 1997-12-31 | $11.97 | $107.00 | x |
| 1998-12-31 | $16.48 | $107.00 | x |
| 1999-12-31 | $12.11 | $107.00 | x |
| 2000-12-31 | $15.73 | $107.00 | x |
| 2001-12-31 | $17.82 | $107.00 | x |
| 2002-12-31 | $14.99 | $107.00 | x |
| 2003-12-31 | $17.87 | $107.00 | x |
| 2004-12-31 | $22.23 | $107.00 | x |
| 2005-12-31 | $27.99 | $107.00 | x |
| 2006-12-31 | $30.31 | $107.00 | x |
| 2007-12-31 | $36.09 | $107.00 | x |
| 2008-12-31 | $38.47 | $107.00 | x |
| 2009-12-31 | $45.63 | $107.00 | x |
| 2010-12-31 | $65.59 | $107.00 | x |
| 2011-12-31 | $74.66 | $107.00 | x |
| 2012-12-31 | $86.78 | $107.00 | x |
| 2013-12-31 | $79.09 | $107.00 | x |
| 2014-12-31 | $95.28 | $107.00 | x |
| 2015-12-31 | $101.46 | $107.00 | x |
| 2016-12-31 | $118.44 | $107.00 | x |
| 2017-12-31 | $139.90 | $107.00 | x |
| 2018-12-31 | $143.68 | $107.00 | x |
| 2019-12-31 | $182.07 | $107.00 | x |
| 2020-12-31 | $132.88 | $107.00 | x |
| 2021-12-31 | $146.78 | $107.00 | x |
| 2022-12-31 | $146.78 | $107.00 | x |
| 2023-12-31 | $211.91 | $107.00 | x |
| 2024-12-31 | $213.84 | $107.00 | x |
| 2025-12-31 | $707.26 | $107.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fomento Economico Mexicano 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): 7.92%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.31%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 3.24x
- Recent ROE (7.92%) is below the historical average (11.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 9.55% | 5.40% | 0.95x | 1.85x | $-66.90 Million |
| 1997 | 10.67% | 6.81% | 0.85x | 1.85x | $104.70 Million |
| 1998 | 6.29% | 4.06% | 0.92x | 1.69x | $-802.80 Million |
| 1999 | 11.48% | 7.59% | 0.95x | 1.59x | $377.70 Million |
| 2000 | 10.07% | 5.58% | 1.01x | 1.79x | $16.90 Million |
| 2001 | 11.50% | 6.59% | 1.03x | 1.69x | $424.74 Million |
| 2002 | 12.32% | 5.36% | 0.88x | 2.61x | $534.03 Million |
| 2003 | 10.89% | 4.08% | 0.73x | 3.67x | $253.00 Million |
| 2004 | 16.34% | 6.24% | 0.77x | 3.42x | $2.24 Billion |
| 2005 | 11.29% | 5.24% | 0.82x | 2.63x | $615.60 Million |
| 2006 | 12.10% | 5.26% | 0.86x | 2.68x | $1.14 Billion |
| 2007 | 13.11% | 5.79% | 0.88x | 2.57x | $2.01 Billion |
| 2008 | 10.48% | 4.01% | 0.97x | 2.69x | $326.91 Million |
| 2009 | 11.73% | 5.05% | 0.90x | 2.59x | $1.41 Billion |
| 2010 | 33.57% | 23.91% | 0.74x | 1.91x | $27.66 Billion |
| 2011 | 12.63% | 7.61% | 0.81x | 2.06x | $3.51 Billion |
| 2012 | 13.30% | 8.69% | 0.80x | 1.91x | $5.12 Billion |
| 2013 | 10.05% | 6.17% | 0.72x | 2.25x | $83.77 Million |
| 2014 | 10.17% | 6.34% | 0.73x | 2.21x | $284.72 Million |
| 2015 | 10.60% | 5.68% | 0.83x | 2.25x | $1.08 Billion |
| 2016 | 11.06% | 5.29% | 0.81x | 2.57x | $2.25 Billion |
| 2017 | 17.31% | 9.39% | 0.78x | 2.35x | $18.30 Billion |
| 2018 | 9.19% | 4.90% | 0.84x | 2.24x | $-2.08 Billion |
| 2019 | 6.38% | 4.08% | 0.80x | 1.96x | $-11.79 Billion |
| 2020 | -0.75% | -0.39% | 0.67x | 2.88x | $-25.56 Billion |
| 2021 | 10.97% | 5.12% | 0.76x | 2.81x | $2.56 Billion |
| 2022 | 8.87% | 4.00% | 0.73x | 3.04x | $-2.96 Billion |
| 2023 | 16.89% | 9.34% | 0.85x | 2.13x | $26.13 Billion |
| 2024 | 6.72% | 2.89% | 1.04x | 2.23x | $-12.56 Billion |
| 2025 | 7.92% | 2.31% | 1.06x | 3.24x | $-5.11 Billion |
Industry Comparison
This section compares Fomento Economico Mexicano's net assets metrics with peer companies in the Beverages - Brewers industry.
Industry Context
- Industry: Beverages - Brewers
- Average net assets among peers: $83,329,920,765
- Average return on equity (ROE) among peers: 6.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fomento Economico Mexicano (FMX) | $329.35 Billion | 9.55% | 1.42x | $37.66 Billion |
| Asahi Group Holdings Ltd (ASBRF) | $577.70 Billion | 8.25% | 1.48x | $15.32 Billion |
| Budweiser Brewing Company APAC Limited (BDWBY) | $80.89 Billion | 5.53% | 0.63x | $7.10 Billion |
| Big Rock Brewery Inc (BRBMF) | $25.06 Million | 9.15% | 0.43x | $5.77 Million |
| Anheuser-Busch InBev SA/NV (BUDFF) | $24.43 Billion | 7.89% | 3.63x | $56.52 Billion |
| Carlsberg A/S (CABJF) | $47.23 Billion | -6.20% | 1.64x | $11.67 Billion |
| C&C Group plc (CCGPY) | $384.50 Million | 54.15% | 1.42x | $663.00 Million |
| China Resources Beer Holdings Co Ltd (CRHKF) | $19.31 Billion | -17.32% | 1.21x | $5.79 Billion |
| Entertainment Arts Research Inc (EARI) | $146.29K | 0.00% | 2.48x | $0.94 |
| Heineken N.V (HINKF) | $0.00 | 0.00% | 0.00x | $45.23 Billion |