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Fomento Economico Mexicano, S.A.B de C.V (NYSE: FMX) – Is this large market cap stock undervalued?

Fomento Economico Mexicano, S.A.B de C.V (NYSE: FMX), is firmly in the large market cap category with market cap of 29534.79. To be considered a large market cap stock companies have to be valued at more than $10 billion. The current price for Fomento Economico Mexicano, S.A.B de C.V is 86.04 (with a change from open of -0.85%), this in conjunction with a target price of 107.75. Volume today has so far reached 207991, with an average volume of about 520.24. The GAP for this stock, is 0.72%.

The P/E ratio is 32.17, bringing the forward P/E to a value of 23.12. The current EPS for Fomento Economico Mexicano, S.A.B de C.V, is 2.68, with a EPS growth for this year coming to a value of 5.90%. Performance has been interesting with performance year to date coming to -5.98%.

Looking further into the growth statistics for Fomento Economico Mexicano, S.A.B de C.V, EPS is looking like it will grow 20.47% in the next year. Looking even further it is projected to be 8.90%. Quarter over quarter is 25.90% for EPS growth and for sales growth quarter over quarter it is 25.90%. Looking at past EPS growth statistics we see that for the past five years it has been -23.50%. Sales growth for the past five years has in fact been 12.00%.

Looking at the ownership, we see that the insider ownership is at 79.80% and institutional ownership is 38.00%. Shares outstanding is 342.79, while shares float is at a value of 296.25. Float short for Fomento Economico Mexicano, S.A.B de C.V is 0.12% and the short ratio is 0.66.

In terms of debt, long term debt/equity is 0.63, while the total debt/equity comes to 0.72. The ability to meet these debts, means that the current ratio is 1.5, and the quick ratio is 1.1. The most recent gross margin is 38.30% and their operating margin is . The profit margin is .

Fomento Economico Mexicano, S.A.B de C.V has seen returns on assets of , and on investment, 8.90%. Return on equity is . Price/Earnings to growth ratio is 3.61. Price/Sales ratio is at a value of 1.63, with Price/book ratio coming to 3.09 and Price/cash is 10.96, and finally Price/Free cash Flow is .

The simple moving averages are -7.18% and -6.04% for 20 day and 200 day simple moving average respectively. For the 52 week high and low the 52 week high is -15.59% and the 52 week low is 4.46%.

Fomento Economico Mexicano, S.A.B de C.V has a dividend yield of 1.59%, with a current price of 86.04. The ability to pay this means the payout ratio is . This is in an industry, Beverages – Brewers, with equally high dividends from other companies in this sector, which it is Consumer Goods. Fomento Economico Mexicano, S.A.B de C.V is based in Mexico.

Performance in the Beverages – Brewers industry means that Fomento Economico Mexicano, S.A.B de C.V has seen performance for the past week of -4.11%, with performance for the month coming to -12.25%. Looking at the data for the quarter it is at a value of -4.50%, and for the half year the performance is -3.72%. Volatility for this week is 2.23% and for the month this is 2.22%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

About the author

Mark Hines

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