FMX vs. KOF: Fomento Económico Mexicano vs. Coca-Cola FEMSA Stock Comparison
How do Fomento Económico Mexicano (FMX) and Coca-Cola FEMSA (KOF) 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 FEMSA (KOF) 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.
Both Fomento Económico Mexicano (FMX) and Coca-Cola FEMSA (KOF) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | FMX | KOF |
|---|---|---|
| Name | Fomento Economico Mexicano S.A.B. de C.V. ADR | Coca-Cola FEMSA, S.A.B. de C.V. - ADR |
| Country/Region | Mexico | Mexico |
| 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 | 24.04 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | May 11, 1998 | September 14, 1993 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FMX | KOF |
|---|---|---|
| Total Return (1Y) | 42.35% | 34.05% |
| Total Return (3Y, Annualized) | 7.41% | 15.85% |
| Total Return (5Y, Annualized) | 13.51% | 20.75% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FMX | KOF |
|---|---|---|
| Volatility (1Y, Annualized) | 24.53% | 24.28% |
| Beta (5Y) | 0.41 | 0.53 |
| Max Drawdown (5Y) | -41.28% | -24.51% |
| Avg. Volume (3M) | 526.12K | 205.51K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FMX | KOF |
|---|---|---|
| Sharpe Ratio (1Y) | 1.55 | 1.23 |
| Sortino Ratio (1Y) | 2.44 | 1.94 |
Profitability
ROE (TTM)
Both Fomento Económico Mexicano (FMX) at 14.96% and Coca-Cola FEMSA (KOF) at 16.61% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
KOF
Food, Beverage & Tobacco industry group
16.61%
- Max
- 32.02%
- KOF
- 16.61%
- Q3
- 16.61%
- Median
- 10.05%
- Q1
- 4.10%
- Min
- -10.50%
Net Margin (TTM)
Both Fomento Económico Mexicano (FMX) at 3.99% and Coca-Cola FEMSA (KOF) at 7.96% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
KOF
Food, Beverage & Tobacco industry group
7.96%
- Max
- 24.83%
- Q3
- 11.22%
- KOF
- 7.96%
- Median
- 5.94%
- Q1
- 2.05%
- Min
- -11.49%
Operating Margin (TTM)
Both Fomento Económico Mexicano (FMX) at 8.17% and Coca-Cola FEMSA (KOF) at 14.73% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
KOF
Food, Beverage & Tobacco industry group
14.73%
- Max
- 34.91%
- Q3
- 17.57%
- KOF
- 14.73%
- Median
- 11.06%
- Q1
- 4.15%
- Min
- -15.06%
Profitability Metrics
| Metric | FMX | KOF |
|---|---|---|
| ROE (TTM) | 14.96% | 16.61% |
| ROA (TTM) | 6.56% | 7.90% |
| Net Margin (TTM) | 3.99% | 7.96% |
| Operating Margin (TTM) | 8.17% | 14.73% |
| Gross Margin (TTM) | 40.49% | 46.79% |
Growth
Revenue Growth
Both Fomento Económico Mexicano (FMX) at 7.60% and Coca-Cola FEMSA (KOF) at 4.27% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Fomento Económico Mexicano (FMX) at -49.50% and Coca-Cola FEMSA (KOF) at -87.43% post bottom-quartile EPS growth versus peers, pointing to weaker earnings momentum than typical rivals.
Growth Metrics
| Metric | FMX | KOF |
|---|---|---|
| Revenue Growth (YoY) | 7.60% | 4.27% |
| Revenue Growth (3Y CAGR) | 12.10% | 8.77% |
| EPS Growth (YoY) | -49.50% | -87.43% |
| EPS Growth (3Y CAGR) | -6.47% | -46.08% |
Financial Strength
Current Ratio (MRQ)
Both Fomento Económico Mexicano (FMX) at 1.15 and Coca-Cola FEMSA (KOF) at 1.14 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
KOF
Food, Beverage & Tobacco industry group
1.14
- Max
- 4.01
- Q3
- 2.35
- Median
- 1.53
- KOF
- 1.14
- Q1
- 1.02
- Min
- 0.33
Debt / Equity (MRQ)
Both Fomento Económico Mexicano (FMX) at 0.82 and Coca-Cola FEMSA (KOF) at 0.58 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
KOF
Food, Beverage & Tobacco industry group
0.58
- Max
- 2.19
- Q3
- 1.11
- Median
- 0.68
- KOF
- 0.58
- Q1
- 0.33
- Min
- 0.00
Financial Strength Metrics
| Metric | FMX | KOF |
|---|---|---|
| Current Ratio (MRQ) | 1.15 | 1.14 |
| Debt / Equity (MRQ) | 0.82 | 0.58 |
| Net Debt / EBITDA | 1.34 | 0.85 |
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 FEMSA (KOF) reports a yield of 67.45%, 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%
KOF
Food, Beverage & Tobacco industry group
67.45%
- KOF
- 67.45%
- Max
- 9.38%
- Q3
- 3.77%
- Median
- 1.76%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Coca-Cola FEMSA (KOF) reports payout ratio above 100% at 501.47%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Fomento Económico Mexicano (FMX) reports 39.05%, ranking against industry peers normally.
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%
KOF
Food, Beverage & Tobacco industry group
501.47%
- KOF
- 501.47%
- Max
- 199.19%
- Q3
- 81.03%
- Median
- 41.52%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | FMX | KOF |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 67.45% |
| Dividend Payout Ratio (TTM) | 39.05% | 501.47% |
Valuation
P/E Ratio (TTM)
Fomento Económico Mexicano (FMX) at 8.40 sits in the cheaper P/E ratio quartile, while Coca-Cola FEMSA (KOF) at 139.55 trades above its peer range — a wide earnings-valuation gap relative to industry peers.
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
KOF
Food, Beverage & Tobacco industry group
139.55
- KOF
- 139.55
- Max
- 52.52
- Q3
- 30.78
- Median
- 18.76
- Q1
- 12.77
- Min
- 4.72
P/S Ratio (TTM)
Both Fomento Económico Mexicano (FMX) at 0.05 and Coca-Cola FEMSA (KOF) at 0.08 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
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
KOF
Food, Beverage & Tobacco industry group
0.08
- Max
- 4.64
- Q3
- 2.27
- Median
- 1.17
- Q1
- 0.52
- KOF
- 0.08
- Min
- 0.00
P/B Ratio (MRQ)
Coca-Cola FEMSA (KOF) at 2.98 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.
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
KOF
Food, Beverage & Tobacco industry group
2.98
- Max
- 6.35
- Q3
- 3.07
- KOF
- 2.98
- Median
- 1.58
- Q1
- 0.82
- Min
- 0.00
Valuation Metrics
| Metric | FMX | KOF |
|---|---|---|
| P/E Ratio (TTM) | 8.40 | 139.55 |
| P/S Ratio (TTM) | 0.05 | 0.08 |
| P/B Ratio (MRQ) | 3.71 | 2.98 |
| Free Cash Flow Yield (TTM) | 200.25% | 78.07% |