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FMX (Fomento Economico MexicanoB de CV) EV-to-EBIT : 9.64 (As of Oct. 31, 2024)


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What is Fomento Economico MexicanoB de CV EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Fomento Economico MexicanoB de CV's Enterprise Value is $38,326 Mil. Fomento Economico MexicanoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $3,975 Mil. Therefore, Fomento Economico MexicanoB de CV's EV-to-EBIT for today is 9.64.

The historical rank and industry rank for Fomento Economico MexicanoB de CV's EV-to-EBIT or its related term are showing as below:

FMX' s EV-to-EBIT Range Over the Past 10 Years
Min: 5.93   Med: 15.68   Max: 51.53
Current: 9.66

During the past 13 years, the highest EV-to-EBIT of Fomento Economico MexicanoB de CV was 51.53. The lowest was 5.93. And the median was 15.68.

FMX's EV-to-EBIT is ranked better than
65.41% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 13.54 vs FMX: 9.66

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Fomento Economico MexicanoB de CV's Enterprise Value for the quarter that ended in Sep. 2024 was $39,067 Mil. Fomento Economico MexicanoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was $3,975 Mil. Fomento Economico MexicanoB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 10.17%.


Fomento Economico MexicanoB de CV EV-to-EBIT Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's EV-to-EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Fomento Economico MexicanoB de CV EV-to-EBIT Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.62 21.21 13.35 13.48 12.11

Fomento Economico MexicanoB de CV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.91 12.11 13.10 10.98 10.70

Competitive Comparison of Fomento Economico MexicanoB de CV's EV-to-EBIT

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fomento Economico MexicanoB de CV's EV-to-EBIT Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's EV-to-EBIT falls into.



Fomento Economico MexicanoB de CV EV-to-EBIT Calculation

Fomento Economico MexicanoB de CV's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38325.860/3974.78
=9.64

Fomento Economico MexicanoB de CV's current Enterprise Value is $38,326 Mil.
Fomento Economico MexicanoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,975 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV  (NYSE:FMX) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Fomento Economico MexicanoB de CV's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=3974.78/39066.76633
=10.17 %

Fomento Economico MexicanoB de CV's Enterprise Value for the quarter that ended in Sep. 2024 was $39,067 Mil.
Fomento Economico MexicanoB de CV's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,975 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Fomento Economico MexicanoB de CV EV-to-EBIT Related Terms

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Fomento Economico MexicanoB de CV Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 75% of total company revenue and around 90% of profits in 2023.