Coca-Cola FEMSA (KOF) Stock Analysis

November 11, 2026

This is a peer-relative look at Coca-Cola FEMSA (KOF): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Food, Beverage & Tobacco peers, so every number reads in context rather than in isolation.

Company Profile

Coca-Cola FEMSA (KOF) trades as an ADR rather than ordinary local shares — read it with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile fields for Coca-Cola FEMSA (KOF)
Profile Item	KOF
Name	Coca-Cola FEMSA, S.A.B. de C.V. - ADR
Country/Region	Mexico
GICS Sector	Consumer Staples
GICS Industry Group	Food, Beverage & Tobacco
GICS Industry	Beverages
GICS Sub-Industry	Soft Drinks & Non-alcoholic Beverages
Market Capitalization	24.04 billion USD
Currency	USD
Exchange	NYSE
Listing Date	September 14, 1993
Security Type	ADR

Price Performance

Cumulative Growth

KOF

GSPC

Coca-Cola FEMSA (KOF) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for Coca-Cola FEMSA (KOF) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for Coca-Cola FEMSA (KOF) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Total Return (1Y)	34.05%	9.07%
Total Return (3Y, Annualized)	15.85%	2.06%
Total Return (5Y, Annualized)	20.75%	1.14%

Risk Profile

Drawdown History

KOF

GSPC

Coca-Cola FEMSA (KOF) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for Coca-Cola FEMSA (KOF) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Volatility (1Y, Annualized)	24.28%	32.65%
Beta (5Y)	0.53	0.43
Max Drawdown (5Y)	-24.51%	-51.71%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. KOF is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Sharpe Ratio (1Y)	1.23	0.14
Sortino Ratio (1Y)	1.94	0.20

Profitability

ROE (TTM)

Coca-Cola FEMSA (KOF) posts ROE of 16.61%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

KOF

Food, Beverage & Tobacco industry group

16.61%

Group distribution

Max: 32.02%
KOF: 16.61%
Q3: 16.61%
Median: 10.05%
Q1: 4.10%
Min: -10.50%

Largest peers

PEP: 52.19%
KO: 40.59%
KOF: 16.61%
BTI: 13.42%
PM: --
BUD: --
MO: --

Where Coca-Cola FEMSA (KOF) stands on ROE within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

Coca-Cola FEMSA (KOF) keeps 7.96% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

KOF

Food, Beverage & Tobacco industry group

7.96%

Group distribution

Max: 24.83%
Q3: 11.22%
KOF: 7.96%
Median: 5.94%
Q1: 2.05%
Min: -11.49%

Largest peers

MO: 39.33%
KO: 28.65%
BTI: 24.99%
PM: 24.83%
BUD: 15.42%
PEP: 11.09%
KOF: 7.96%

Where Coca-Cola FEMSA (KOF) stands on net margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Coca-Cola FEMSA (KOF) turns 14.73% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

KOF

Food, Beverage & Tobacco industry group

14.73%

Group distribution

Max: 34.91%
Q3: 17.57%
KOF: 14.73%
Median: 11.06%
Q1: 4.15%
Min: -15.06%

Largest peers

MO: 61.48%
PM: 41.94%
BTI: 34.91%
KO: 33.36%
BUD: 27.48%
PEP: 16.88%
KOF: 14.73%

Where Coca-Cola FEMSA (KOF) stands on operating margin within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
ROE (TTM)	16.61%	10.05%
ROA (TTM)	7.90%	5.25%
Net Margin (TTM)	7.96%	5.94%
Operating Margin (TTM)	14.73%	11.06%
Gross Margin (TTM)	46.79%	34.26%

Growth

Revenue Growth

Coca-Cola FEMSA (KOF) grew revenue 4.27%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

Coca-Cola FEMSA (KOF): Revenue Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

EPS Growth

Coca-Cola FEMSA (KOF) grew earnings per share -87.43%, in the lower peer quartile. Per-share profits are advancing more slowly than at most peers, so margins, costs, or share count deserve a closer look.

Coca-Cola FEMSA (KOF): EPS Growth across different time periods, set against Food, Beverage & Tobacco industry-group medians.

Growth Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Revenue Growth (YoY)	4.27%	2.38%
Revenue Growth (3Y CAGR)	8.77%	2.51%
EPS Growth (YoY)	-87.43%	-2.47%
EPS Growth (3Y CAGR)	-46.08%	4.29%

Financial Strength

Current Ratio (MRQ)

Coca-Cola FEMSA (KOF) has current ratio of 1.14, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

KOF

Food, Beverage & Tobacco industry group

1.14

Group distribution

Max: 4.01
Q3: 2.35
Median: 1.53
KOF: 1.14
Q1: 1.02
Min: 0.33

Largest peers

KO: 1.38
KOF: 1.14
PM: 1.02
PEP: 0.94
BTI: 0.84
MO: 0.58
BUD: --

Where Coca-Cola FEMSA (KOF) stands on current ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Coca-Cola FEMSA (KOF) has debt-to-equity ratio of 0.58, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

KOF

Food, Beverage & Tobacco industry group

0.58

Group distribution

Max: 2.19
Q3: 1.11
Median: 0.68
KOF: 0.58
Q1: 0.33
Min: 0.00

Largest peers

PEP: 2.31
KO: 1.07
BTI: 0.72
BUD: 0.72
KOF: 0.58
PM: --
MO: --

Where Coca-Cola FEMSA (KOF) stands on debt-to-equity ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Current Ratio (MRQ)	1.14	1.53
Debt / Equity (MRQ)	0.58	0.68
Net Debt / EBITDA	0.85	2.57

Dividends

Dividend Yield (TTM)

Coca-Cola FEMSA (KOF) has dividend yield of 67.45%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

KOF

Food, Beverage & Tobacco industry group

67.45%

Group distribution

KOF: 67.45%
Max: 9.38%
Q3: 3.77%
Median: 1.76%
Q1: 0.00%
Min: 0.00%

Largest peers

KOF: 67.45%
MO: 5.53%
PEP: 4.07%
BTI: 3.88%
PM: 2.98%
KO: 2.19%
BUD: 1.91%

Where Coca-Cola FEMSA (KOF) stands on dividend yield within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Coca-Cola FEMSA (KOF) has payout ratio of 501.47%, meaning dividends exceeded current-period earnings. The gap would need to be covered by cash, retained earnings, financing, or other sources, so earnings alone do not support the payout.

KOF

Food, Beverage & Tobacco industry group

501.47%

Group distribution

KOF: 501.47%
Max: 199.19%
Q3: 81.03%
Median: 41.52%
Q1: 0.00%
Min: 0.00%

Largest peers

KOF: 501.47%
MO: 88.45%
PM: 87.74%
BTI: 83.97%
PEP: 73.02%
KO: 61.95%
BUD: 27.35%

Where Coca-Cola FEMSA (KOF) stands on payout ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
Dividend Yield (TTM)	67.45%	1.76%
Dividend Payout Ratio (TTM)	501.47%	41.52%

Valuation

P/E Ratio (TTM)

Coca-Cola FEMSA (KOF) trades at P/E ratio of 139.55, above the peer range for its industry. The market is paying unusually heavily for TTM earnings relative to comparable companies.

KOF

Food, Beverage & Tobacco industry group

139.55

Group distribution

KOF: 139.55
Max: 52.52
Q3: 30.78
Median: 18.76
Q1: 12.77
Min: 4.72

Largest peers

KOF: 139.55
PM: 28.89
KO: 28.22
PEP: 17.78
BUD: 17.07
MO: 15.69
BTI: 15.61

Where Coca-Cola FEMSA (KOF) stands on P/E ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Coca-Cola FEMSA (KOF) trades at 0.08 on P/S ratio, in the lower sales-valuation quartile for its industry. That points to a cheaper revenue stream than most peers, with margin quality still doing the heavy lifting.

KOF

Food, Beverage & Tobacco industry group

0.08

Group distribution

Max: 4.64
Q3: 2.27
Median: 1.17
Q1: 0.52
KOF: 0.08
Min: 0.00

Largest peers

KO: 8.06
PM: 7.15
MO: 6.14
BTI: 5.08
BUD: 2.58
PEP: 1.96
KOF: 0.08

Where Coca-Cola FEMSA (KOF) stands on P/S ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Coca-Cola FEMSA (KOF) trades at 2.98 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

KOF

Food, Beverage & Tobacco industry group

2.98

Group distribution

Max: 6.35
Q3: 3.07
KOF: 2.98
Median: 1.58
Q1: 0.82
Min: 0.00

Largest peers

KO: 11.01
BUD: 10.60
BTI: 10.59
PEP: 8.65
KOF: 2.98
PM: -38.86
MO: -56.93

Where Coca-Cola FEMSA (KOF) stands on P/B ratio within its Food, Beverage & Tobacco peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Coca-Cola FEMSA (KOF) metric values compared with Food, Beverage & Tobacco industry-group medians
Metric	Current stock: KOF	Industry group median
P/E Ratio (TTM)	139.55	18.76
P/S Ratio (TTM)	0.08	1.17
P/B Ratio (MRQ)	2.98	1.58
Free Cash Flow Yield (TTM)	78.07%	4.66%