FMX vs. KO: Fomento Económico Mexicano vs. Coca-Cola Stock Comparison
How do Fomento Económico Mexicano (FMX) and Coca-Cola (KO) 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
Fomento Económico Mexicano (FMX) and Coca-Cola (KO) are both classified in the Soft Drinks & Non-alcoholic Beverages sub-industry within the broader Beverages industry, placing them in the closest GICS peer bucket.
Coca-Cola (KO) 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.
| Profile Item | FMX | KO |
|---|---|---|
| Name | Fomento Economico Mexicano S.A.B. de C.V. ADR | The Coca-Cola Company |
| Country/Region | Mexico | United States |
| GICS Sector | Consumer Staples | Consumer Staples |
| GICS Industry Group | Food, Beverage & Tobacco | Food, Beverage & Tobacco |
| GICS Industry | Beverages | Beverages |
| GICS Sub-Industry | Soft Drinks & Non-alcoholic Beverages | Soft Drinks & Non-alcoholic Beverages |
| Market Capitalization | 44.24 billion USD | 411.56 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 11, 1998 | January 2, 1962 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FMX | KO |
|---|---|---|
| Total Return (1Y) | 42.35% | 39.33% |
| Total Return (3Y, Annualized) | 7.41% | 22.59% |
| Total Return (5Y, Annualized) | 13.51% | 14.43% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Coca-Cola (KO) is heavily traded at around 16.05M shares per day, whereas Fomento Económico Mexicano (FMX) sees a more moderate 526.12K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | FMX | KO |
|---|---|---|
| Volatility (1Y, Annualized) | 24.53% | 18.90% |
| Beta (5Y) | 0.41 | 0.27 |
| Max Drawdown (5Y) | -41.28% | -17.27% |
| Avg. Volume (3M) | 526.12K | 16.05M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FMX | KO |
|---|---|---|
| Sharpe Ratio (1Y) | 1.55 | 1.85 |
| Sortino Ratio (1Y) | 2.44 | 3.17 |
Profitability
ROE (TTM)
Coca-Cola (KO) at 40.59% clears its industry range for ROE, a sharper capital-efficiency signal than Fomento Económico Mexicano (FMX) at 14.96%, which is closer to a typical peer reading.
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%
KO
Food, Beverage & Tobacco industry group
40.59%
- KO
- 40.59%
- Max
- 32.02%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
Coca-Cola (KO) at 28.65% 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.
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%
KO
Food, Beverage & Tobacco industry group
28.65%
- KO
- 28.65%
- Max
- 24.83%
- Q3
- 11.22%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Coca-Cola (KO) at 33.36% operates in the top operating margin quartile, ahead of Fomento Económico Mexicano (FMX) at 8.17%, which runs around its industry’s norm.
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%
KO
Food, Beverage & Tobacco industry group
33.36%
- Max
- 34.91%
- KO
- 33.36%
- Q3
- 17.57%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | FMX | KO |
|---|---|---|
| ROE (TTM) | 14.96% | 40.59% |
| ROA (TTM) | 6.56% | 9.59% |
| Net Margin (TTM) | 3.99% | 28.65% |
| Operating Margin (TTM) | 8.17% | 33.36% |
| Gross Margin (TTM) | 40.49% | 62.32% |
Growth
Revenue Growth
Both Fomento Económico Mexicano (FMX) at 7.60% and Coca-Cola (KO) at 1.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Coca-Cola (KO) at 23.58% sits in the top EPS growth quartile, while Fomento Económico Mexicano (FMX) at -49.50% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | FMX | KO |
|---|---|---|
| Revenue Growth (YoY) | 7.60% | 1.87% |
| Revenue Growth (3Y CAGR) | 12.10% | 3.69% |
| EPS Growth (YoY) | -49.50% | 23.58% |
| EPS Growth (3Y CAGR) | -6.47% | 11.55% |
Financial Strength
Current Ratio (MRQ)
Both Fomento Económico Mexicano (FMX) at 1.15 and Coca-Cola (KO) at 1.38 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
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
KO
Food, Beverage & Tobacco industry group
1.38
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- KO
- 1.38
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Both Fomento Económico Mexicano (FMX) at 0.82 and Coca-Cola (KO) at 1.07 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
KO
Food, Beverage & Tobacco industry group
1.07
- Max
- 2.19
- Q3
- 1.11
- KO
- 1.07
- Median
- 0.68
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | FMX | KO |
|---|---|---|
| Current Ratio (MRQ) | 1.15 | 1.38 |
| Debt / Equity (MRQ) | 0.82 | 1.07 |
| Net Debt / EBITDA | 1.34 | 1.48 |
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 Coca-Cola (KO) reports a yield of 2.19%, ranking against industry peers normally.
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%
KO
Food, Beverage & Tobacco industry group
2.19%
- Max
- 9.38%
- Q3
- 3.77%
- KO
- 2.19%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Fomento Económico Mexicano (FMX) at 39.05% and Coca-Cola (KO) at 61.95% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
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%
KO
Food, Beverage & Tobacco industry group
61.95%
- Max
- 199.19%
- Q3
- 81.03%
- KO
- 61.95%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FMX | KO |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 2.19% |
| Dividend Payout Ratio (TTM) | 39.05% | 61.95% |
Valuation
P/E Ratio (TTM)
Fomento Económico Mexicano (FMX) at 8.40 sits in the cheaper P/E ratio quartile, while Coca-Cola (KO) at 28.22 is closer to its industry’s usual earnings multiple — a discount for FMX, though growth and earnings durability still matter.
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
KO
Food, Beverage & Tobacco industry group
28.22
- Max
- 52.52
- Q3
- 30.78
- KO
- 28.22
- Median
- 18.76
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Fomento Económico Mexicano (FMX) at 0.05 sits in the cheaper P/S ratio quartile while Coca-Cola (KO) at 8.06 prices above its industry range — a wide gap in sales valuation between them.
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
KO
Food, Beverage & Tobacco industry group
8.06
- KO
- 8.06
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- 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 Coca-Cola (KO) at 11.01 prices even higher, above its industry range.
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
KO
Food, Beverage & Tobacco industry group
11.01
- KO
- 11.01
- Max
- 6.35
- Q3
- 3.07
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | FMX | KO |
|---|---|---|
| P/E Ratio (TTM) | 8.40 | 28.22 |
| P/S Ratio (TTM) | 0.05 | 8.06 |
| P/B Ratio (MRQ) | 3.71 | 11.01 |
| Free Cash Flow Yield (TTM) | 200.25% | 1.06% |