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Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Fomento Economico Mexicano, S.A.B. de C.V.
Main Activities: Beverage and Tobacco Product Manufacturing - Merchant Wholesalers, Nondurable Goods - Management of Companies and Enterprises
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Company Information |
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Full name Fomento Economico Mexicano, S.A.B. de C.V. Headquarters General Anaya 601 Pte. Col. Bella Vista; Monterrey; Nuevo Leon; 64410 |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational ISIN CODE : MXP320321211 RFC: FSE-920910-CC6 Financial Auditors: Ernst & Young (2012) Incorporation Date: May 12, 1936 Total Employees: 179,675 Tel: +52 (81) 8328 6000 |
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Company Description |
| Fomento Economico Mexicano, S.A.B. de C.V. is currently the largest beverage company in Latin America and the largest independent Coca-Cola bottler in the world. It has operations not only in Mexico, but also all of Central America, Colombia, Venezuela and small parts of Brazil and Argentina. “FEMSA” began operations in 1890 with the founding of the “Cerveceria Cuauhtemoc”, with headquarters in Monterrey, Mexico. “FEMSA” operates through two business units: “Coca-Cola Femsa”, a bottling | ||
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Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first three cumulated quarters of 2012, total net operating revenues increased with 19.82%, from MXN 144,529,034 thousands to MXN 173,178,325 thousands. Operating result increased from MXN 16,377,596 thousands to MXN 19,126,156 thousands which means 16.78% change. The results of the period increased 17.88% reaching MXN 15,868,658 thousands at the end of the period against MXN 13,461,980 thousands last year. Return on equity (Net income/Total equity) went from 8.11% to 8.02%, the Return On Asset (Net income / Total Asset) went from 5.45% to 5.83% and the Net Profit Margin (Net Income/Net Sales) went from 9.31% to 9.16% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 37.46% compared to 48.79% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.66 to 1.54 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |
FULL COMPANY PROFILE
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2012 Y (cons) |
2012 Q3C (cons) |
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| Audited | Non-Audited | |
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| MSE - Commercial, Industrial and Services - IFRS | MSE - Commercial, Industrial and Services - IFRS | |
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| Unit | Thousands | Thousands |
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Balance Sheet
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Total Assets |
295,941,898 |
272,031,699 |
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Current Assets |
75,455,382 |
62,307,460 |
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Total Liabilities |
85,781,353 |
74,137,971 |
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Shareholders Equity |
210,160,545 |
197,893,728 |
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Current Liabilities |
48,516,252 |
40,541,862 |
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| * All the accounts are in MXN. | ||
Income Statement
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Total Operating Revenue |
238,308,958 |
173,178,325 |
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Operational Profit (Loss) |
29,571,991 |
19,126,156 |
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Net Profit (Loss) |
28,051,075 |
15,868,658 |
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| * All the accounts are in MXN. | ||
Ratios
| Profitability Ratios | ||
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Return on Assets (ROA) |
9.48% |
5.83% |
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Annualised Return on Assets (ROA) |
9.48% |
7.77% |
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Return on Equity (ROE) |
13.35% |
8.02% |
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Annualised Return on Equity (ROE) |
13.35% |
10.69% |
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Return on Sales (ROS) |
11.77% |
9.16% |
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Return on Capital |
11.81% |
8.34% |
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Gross Profit Margin |
42.51% |
41.83% |
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Operating Profit Margin |
12.41% |
11.04% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
33.00x |
27.29x |
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Inventory Turnover |
14.58x |
11.71x |
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Current asset turnover |
3.16x |
2.78x |
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Fixed-asset turnover |
3.87x |
3.03x |
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Asset Turnover |
0.81x |
0.64x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
29,227,394 |
19,312,888 |
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EBITDA |
38,024,791 |
25,412,468 |
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Enterprise value |
50,855,539 |
47,188,982 |
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Enterprise Value / EBITDA |
1.25 |
1.74 |
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Bookvalue (BV) |
142,267,550 |
130,006,022 |
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Net Cash |
850,955 |
-3,565,026 |
| Liquidity Ratios | ||
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Current Ratio |
155.53% |
153.69% |
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Quick ratio |
121.84% |
117.19% |
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Doom's day ratio |
75.28% |
70.27% |
| Leverage Ratios | ||
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Leverage ratio |
40.82% |
37.46% |
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Interest Coverage Ratio |
1,166.19% |
1,108.11% |
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Debt to equity |
40.82% |
37.46% |
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Debt to total assets |
28.99% |
27.25% |
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Long Term Debt to Capital |
17.73% |
16.98% |
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Debt / Enterprise Value |
179.97% |
168.09% |
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