FMXFomento Económico Mexicano, S.A.B. de C.V.
Is it safe?
No red flags in what's measurable: insiders buying, comfortable debt (AA), and steady price behavior.
Insiders were net buyers (+$248K, 90 days to Oct 8, 2026). SEC Form 4 filings: officers and directors must report their own trades within two business days.
Rock-solid balance sheet, low leverage. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -45% · now 11% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can FMX take a bad year?
Fomento Económico Mexicano, S.A.B. de C.V. carries $6.59B of net debt at 0.02× EBITDA: a load its earnings can carry.
Net debt · as at FY2024 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.02×
Net debt / EBITDA · −0.15× a year ago · the load is going up
- Interest cover
- 15.6×
Interest cover · operating profit covers the interest bill several times over
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2024
- $148.2B
- Cash and short-term investments
- $141.6B
- Net debt
- $6.59B
- EBITDA, trailing twelve months
- $351.4B
- Operating profit, trailing twelve months
- $312.1B
- Debt / equity
- 0.50×
- Total debt / EBITDA
- 0.42×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −45%
- Below its 52-week high
- 11%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Consumer Defensive
Ranks #1 of 131 by RyuScore