BTI vs. FMX: British American Tobacco vs. Fomento Económico Mexicano Stock Comparison
How do British American Tobacco (BTI) and Fomento Económico Mexicano (FMX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
British American Tobacco (BTI) and Fomento Económico Mexicano (FMX) both fall under the Food, Beverage & Tobacco industry group, but BTI is classified in Tobacco while FMX is classified in Beverages.
Both British American Tobacco (BTI) and Fomento Económico Mexicano (FMX) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | BTI | FMX |
|---|---|---|
| Name | British American Tobacco plc ADR | Fomento Economico Mexicano S.A.B. de C.V. ADR |
| Country/Region | United Kingdom | Mexico |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Tobacco | Beverages |
| GICS Sub-Industry | Tobacco | Soft Drinks & Non-alcoholic Beverages |
| Market Capitalization | 130.83 billion USD | 44.24 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | April 14, 1980 | May 11, 1998 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BTI | FMX |
|---|---|---|
| Total Return (1Y) | 16.59% | 42.35% |
| Total Return (3Y, Annualized) | 34.31% | 7.41% |
| Total Return (5Y, Annualized) | 20.24% | 13.51% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BTI | FMX |
|---|---|---|
| Volatility (1Y, Annualized) | 26.28% | 24.53% |
| Beta (5Y) | 0.29 | 0.41 |
| Max Drawdown (5Y) | -29.84% | -41.28% |
| Avg. Volume (3M) | 5.01M | 526.12K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BTI | FMX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.47 | 1.55 |
| Sortino Ratio (1Y) | 0.71 | 2.44 |
Profitability
ROE (TTM)
Both British American Tobacco (BTI) at 13.42% and Fomento Económico Mexicano (FMX) at 14.96% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
BTI
Food, Beverage & Tobacco industry group
13.42%
- Max
- 32.02%
- Q3
- 16.61%
- BTI
- 13.42%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
FMX
Food, Beverage & Tobacco industry group
14.96%
- Max
- 32.02%
- Q3
- 16.61%
- FMX
- 14.96%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
British American Tobacco (BTI) at 24.99% converts revenue to bottom-line profit above its industry’s benchmark range, while Fomento Económico Mexicano (FMX) at 3.99% keeps roughly the typical share for its industry.
BTI
Food, Beverage & Tobacco industry group
24.99%
- BTI
- 24.99%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
FMX
Food, Beverage & Tobacco industry group
3.99%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- FMX
- 3.99%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
British American Tobacco (BTI) at 34.91% operates in the top operating margin quartile, ahead of Fomento Económico Mexicano (FMX) at 8.17%, which runs around its industry’s norm.
BTI
Food, Beverage & Tobacco industry group
34.91%
- BTI
- 34.91%
- Max
- 34.91%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
FMX
Food, Beverage & Tobacco industry group
8.17%
- Max
- 34.91%
- Q3
- 17.57%
- Median
- 11.06%
- FMX
- 8.17%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | BTI | FMX |
|---|---|---|
| ROE (TTM) | 13.42% | 14.96% |
| ROA (TTM) | 5.12% | 6.56% |
| Net Margin (TTM) | 24.99% | 3.99% |
| Operating Margin (TTM) | 34.91% | 8.17% |
| Gross Margin (TTM) | 82.72% | 40.49% |
Growth
Revenue Growth
Both British American Tobacco (BTI) at -0.99% and Fomento Económico Mexicano (FMX) at 7.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
British American Tobacco (BTI) at 156.69% delivers above-range EPS growth, while Fomento Económico Mexicano (FMX) at -49.50% falls into the bottom quartile — a wide split in earnings momentum.
Growth Metrics
| Metric | BTI | FMX |
|---|---|---|
| Revenue Growth (YoY) | -0.99% | 7.60% |
| Revenue Growth (3Y CAGR) | -2.53% | 12.10% |
| EPS Growth (YoY) | 156.69% | -49.50% |
| EPS Growth (3Y CAGR) | 6.15% | -6.47% |
Financial Strength
Current Ratio (MRQ)
Fomento Económico Mexicano (FMX) at 1.15 keeps current ratio within its industry’s typical mid-range, while British American Tobacco (BTI) at 0.84 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BTI.
BTI
Food, Beverage & Tobacco industry group
0.84
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- Q1
- 1.02
- BTI
- 0.84
- Min
- 0.33
FMX
Food, Beverage & Tobacco industry group
1.15
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- FMX
- 1.15
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Both British American Tobacco (BTI) at 0.72 and Fomento Económico Mexicano (FMX) at 0.82 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BTI
Food, Beverage & Tobacco industry group
0.72
- Max
- 2.19
- Q3
- 1.11
- BTI
- 0.72
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
FMX
Food, Beverage & Tobacco industry group
0.82
- Max
- 2.19
- Q3
- 1.11
- FMX
- 0.82
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | BTI | FMX |
|---|---|---|
| Current Ratio (MRQ) | 0.84 | 1.15 |
| Debt / Equity (MRQ) | 0.72 | 0.82 |
| Net Debt / EBITDA | 2.90 | 1.34 |
Dividends
Dividend Yield (TTM)
Fomento Económico Mexicano (FMX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile British American Tobacco (BTI) reports a yield of 3.88%, ranking against industry peers normally.
BTI
Food, Beverage & Tobacco industry group
3.88%
- Max
- 9.38%
- BTI
- 3.88%
- Q3
- 3.77%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
FMX
Food, Beverage & Tobacco industry group
0.00%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- FMX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Fomento Económico Mexicano (FMX) at 39.05% pays out a band-typical share of earnings, while British American Tobacco (BTI) at 83.97% distributes more than its industry norm — less retained, thinner cover.
BTI
Food, Beverage & Tobacco industry group
83.97%
- Max
- 199.19%
- BTI
- 83.97%
- Q3
- 81.03%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
FMX
Food, Beverage & Tobacco industry group
39.05%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- FMX
- 39.05%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BTI | FMX |
|---|---|---|
| Dividend Yield (TTM) | 3.88% | 0.00% |
| Dividend Payout Ratio (TTM) | 83.97% | 39.05% |
Valuation
P/E Ratio (TTM)
Fomento Económico Mexicano (FMX) at 8.40 sits in the cheaper P/E ratio quartile, while British American Tobacco (BTI) at 15.61 is closer to its industry’s usual earnings multiple — a discount for FMX, though growth and earnings durability still matter.
BTI
Food, Beverage & Tobacco industry group
15.61
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- BTI
- 15.61
- Q1
- 12.77
- Min
- 4.72
FMX
Food, Beverage & Tobacco industry group
8.40
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- FMX
- 8.40
- Min
- 4.72
P/S Ratio (TTM)
Fomento Económico Mexicano (FMX) at 0.05 sits in the cheaper P/S ratio quartile while British American Tobacco (BTI) at 5.08 prices above its industry range — a wide gap in sales valuation between them.
BTI
Food, Beverage & Tobacco industry group
5.08
- BTI
- 5.08
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- Min
- 0.00
FMX
Food, Beverage & Tobacco industry group
0.05
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- FMX
- 0.05
- Min
- 0.00
P/B Ratio (MRQ)
Both look rich against book: Fomento Económico Mexicano (FMX) at 3.71 sits in the upper P/B ratio quartile, and British American Tobacco (BTI) at 10.59 prices even higher, above its industry range.
BTI
Food, Beverage & Tobacco industry group
10.59
- BTI
- 10.59
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
FMX
Food, Beverage & Tobacco industry group
3.71
- Max
- 6.35
- FMX
- 3.71
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | BTI | FMX |
|---|---|---|
| P/E Ratio (TTM) | 15.61 | 8.40 |
| P/S Ratio (TTM) | 5.08 | 0.05 |
| P/B Ratio (MRQ) | 10.59 | 3.71 |
| Free Cash Flow Yield (TTM) | 2.69% | 200.25% |