FMX vs. JBS: Fomento Económico Mexicano vs. JBS Stock Comparison

Company Profile

Fomento Económico Mexicano (FMX) and JBS (JBS) both fall under the Food, Beverage & Tobacco industry group, but FMX is classified in Beverages while JBS is classified in Food Products.

Fomento Económico Mexicano (FMX) carries decades of public-market history since May 11, 1998, while JBS (JBS) listed on June 13, 2025 — long-window comparisons have far more historical data on the FMX side.

JBS (JBS) trades as ordinary local shares, while Fomento Económico Mexicano (FMX) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

JBS (JBS) reports a negative beta of -1.50, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Fomento Económico Mexicano (FMX) has a non-negative beta of 0.41.

Risk-Adjusted Performance

Risk-Return Positioning

Risk-Adjusted Metrics

Profitability

Both Fomento Económico Mexicano (FMX) at 14.96% and JBS (JBS) at 13.38% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

Fomento Económico Mexicano (FMX) at 3.99% keeps about the industry-typical share of revenue as profit, while JBS (JBS) at 1.22% retains only a bottom-quartile share.

Fomento Económico Mexicano (FMX) at 8.17% runs core operations around its industry’s norm, while JBS (JBS) at 3.07% operates in the bottom quartile.

Profitability Metrics

Growth

JBS (JBS) at 11.66% sits in the top revenue growth quartile, while Fomento Económico Mexicano (FMX) at 7.60% is closer to the peer norm — faster top-line expansion for JBS.

JBS (JBS) at 14.55% is around its peer norm for EPS growth, while Fomento Económico Mexicano (FMX) at -49.50% drops into the bottom quartile, signaling weaker earnings momentum.

Growth Metrics

Financial Strength

Both Fomento Económico Mexicano (FMX) at 1.15 and JBS (JBS) at 1.53 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

Fomento Económico Mexicano (FMX) at 0.82 is near its industry mid-range for debt-to-equity ratio, while JBS (JBS) at 2.83 sits above its benchmark range, pointing to a heavier debt load relative to equity.

Financial Strength Metrics

Dividends

Fomento Económico Mexicano (FMX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile JBS (JBS) reports a yield of 7.81%, ranking against industry peers normally.

Fomento Económico Mexicano (FMX) at 39.05% pays out a band-typical share of earnings, while JBS (JBS) at 93.46% distributes more than its industry norm — less retained, thinner cover.

Dividend Metrics

Valuation

Both Fomento Económico Mexicano (FMX) at 8.40 and JBS (JBS) at 11.66 sit in the cheaper earnings-multiple quartile for P/E ratio, with the market paying less for a dollar of trailing earnings than it pays for typical peers.

Both Fomento Económico Mexicano (FMX) at 0.05 and JBS (JBS) at 0.15 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

JBS (JBS) at 1.63 is valued about in line with its industry on P/B ratio, while Fomento Económico Mexicano (FMX) at 3.71 carries an above-peer premium to book — FMX is pricier on assets.

Valuation Metrics