Valuation Fomento Económico Mexicano, S.A.B. de C.V.

Equities

End-of-day quote Mexican S.E. Other stock markets 06/02/2026			5-day change	1st Jan Change
190.87 ^MXN	+2.20%		+4.64%	+4.95%

02-02	Fomento Economico Mexicano Completes Separation of Grupo Nos Joint Venture in Brazil	MT
12-04	Mexican lender Banorte integrates Oxxo convenience stores into banking network	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	499,208	527,118	499,021	720,744	596,599	600,030	600,030	-
Change	-	5.59%	-5.33%	44.43%	-17.22%	0.58%	0%	-
Enterprise Value (EV) ¹	633,128	614,208	779,660	788,531	713,056	726,006	735,657	735,497
Change	-	-2.99%	26.94%	1.14%	-9.57%	1.82%	1.33%	-0.02%
P/E ratio	-278x	20x	21.9x	11.9x	22.6x	29.3x	27.8x	23.4x
PBR	1.75x	1.7x	-	2.09x	1.66x	2.49x	3.01x	3.14x
PEG	-	-0x	-1.7x	0x	-0.4x	-1.7x	5.44x	1.2x
Capitalization / Revenue	1.01x	0.95x	0.74x	1.03x	0.76x	0.71x	0.66x	0.62x
EV / Revenue	1.28x	1.1x	1.16x	1.12x	0.91x	0.86x	0.81x	0.76x
EV / EBITDA	8.8x	7.45x	8.4x	8.18x	6.17x	6.04x	5.62x	5.15x
EV / EBIT	15.3x	11.8x	13.1x	13.2x	10.1x	10x	9.1x	8.24x
EV / FCF	18.3x	11.2x	-	73.6x	24.5x	130x	30.2x	23.6x
FCF Yield	5.45%	8.92%	-	1.36%	4.08%	0.77%	3.31%	4.23%
Dividend per Share ²	1.444	3.4	-	-	-	13.63	10.56	9.381
Rate of return	0.96%	2.13%	-	-	-	7.14%	5.53%	4.91%
EPS ²	-0.54	7.96	6.92	18.55	7.88	6.525	6.859	8.162
Distribution rate	-267%	42.7%	-	-	-	209%	154%	115%
Net sales ¹	492,966	556,261	673,202	702,692	781,585	839,831	904,812	974,116
EBITDA ¹	71,973	82,422	92,812	96,386	115,594	120,237	130,896	142,782
EBIT ¹	41,503	51,993	59,416	59,812	70,668	72,500	80,833	89,242
Net income ¹	-1,930	28,494	24,758	66,390	28,186	24,018	31,452	35,340
Net Debt ¹	133,920	87,090	280,639	67,787	116,457	125,976	135,628	135,467
Reference price ²	150.34	159.32	151.63	221.00	177.70	190.87	190.87	190.87
Nbr of stocks (in thousands)	3,578,226	3,578,226	3,578,226	3,577,845	3,578,226	3,432,234	3,432,234	-
Announcement Date	01/03/21	28/02/22	24/02/23	23/02/24	27/02/25	-	-	-

¹MXN in Million²MXN

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
FOMENTO ECONÓMICO MEXICANO, S.A.B. DE C.V.	29.25x	0.86x	6.04x	7.14%	34.69B
SEVEN & I HOLDINGS CO., LTD.	21.06x	0.7x	7.95x	2.17%	34.39B
AVENUE SUPERMARTS LIMITED	83.3x	3.7x	48.95x	-.--%	27.94B
CASEY'S GENERAL STORES, INC.	38.13x	1.54x	18.84x	0.34%	24.5B
COLES GROUP LIMITED	22.78x	0.84x	8.99x	3.62%	20.31B
JERÓNIMO MARTINS, SGPS, S.A.	19.12x	0.45x	6.59x	3.04%	15.14B
SM INVESTMENTS CORPORATION	9.57x	1.94x	6.89x	2.02%	14.63B
CARREFOUR	11.87x	0.23x	4.31x	6.46%	12.39B
DINO POLSKA S.A.	23.28x	1.14x	14.39x	-.--%	10.76B
Average	28.71x	1.27x	13.66x	2.76%	21.64B
Weighted average by Cap.	32.30x	1.35x	14.91x	2.87%