$85.31
2.26% today
NYSE, Dec 30, 10:10 pm CET
ISIN
US3444191064
Symbol
FMX
Industry

Fomento Economico Mexicano SAB de CV Sponsored ADR Class B Target price 2024 - Analyst rating & recommendation

Fomento Economico Mexicano SAB de CV Sponsored ADR Class B Classifications & Recommendation:

Buy
65%
Hold
35%

Fomento Economico Mexicano SAB de CV Sponsored ADR Class B Price Target

Target Price $117.45
Price $87.28
Potential
Number of Estimates 16
16 Analysts have issued a price target Fomento Economico Mexicano SAB de CV Sponsored ADR Class B 2025 . The average Fomento Economico Mexicano SAB de CV Sponsored ADR Class B target price is $117.45. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 17 analysts: 11 Analysts recommend Fomento Economico Mexicano SAB de CV Sponsored ADR Class B to buy, 6 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Fomento Economico Mexicano SAB de CV Sponsored ADR Class B stock has an average upside potential 2025 of . Most analysts recommend the Fomento Economico Mexicano SAB de CV Sponsored ADR Class B stock at Purchase.

Sales and Margin forecast 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 39.61 38.56
33.51% 2.64%
EBITDA Margin 13.02% 14.46%
17.84% 11.06%
Net Margin 5.65% 2.64%
133.50% 53.25%

14 Analysts have issued a sales forecast Fomento Economico Mexicano SAB de CV Sponsored ADR Class B 2024 . The average Fomento Economico Mexicano SAB de CV Sponsored ADR Class B sales estimate is

$38.6b
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. This is
7.56% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$43.0b 3.03%
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, the lowest is
$31.2b 25.16%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $39.6b 33.51%
2024
$38.6b 2.64%
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2025
$41.6b 8.01%
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2026
$44.7b 7.27%
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2027
$52.7b 17.98%
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2028
$57.8b 9.68%
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14 Analysts have issued an Fomento Economico Mexicano SAB de CV Sponsored ADR Class B EBITDA forecast 2024. The average Fomento Economico Mexicano SAB de CV Sponsored ADR Class B EBITDA estimate is

$5.6b
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. This is
4.04% lower
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$6.2b 6.69%
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, the lowest is
$4.1b 29.23%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $5.2b 9.70%
2024
$5.6b 8.10%
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2025
$6.1b 9.18%
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2026
$6.6b 8.92%
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2027
$7.4b 12.20%
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2028
$8.2b 10.79%
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EBITDA Margin

2023 13.02% 17.84%
2024
14.46% 11.06%
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2025
14.61% 1.04%
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2026
14.84% 1.57%
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2027
14.11% 4.92%
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2028
14.25% 0.99%
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6 Fomento Economico Mexicano SAB de CV Sponsored ADR Class B Analysts have issued a net profit forecast 2024. The average Fomento Economico Mexicano SAB de CV Sponsored ADR Class B net profit estimate is

$1.0b
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. This is
28.13% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$1.1b 43.43%
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, the lowest is
$917m 15.59%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $2.2b 211.75%
2024
$1.0b 54.57%
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2025
$1.1b 8.25%
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2026
$1.2b 13.06%
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Net Margin

2023 5.65% 133.50%
2024
2.64% 53.25%
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2025
2.64% 0.00%
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2026
2.78% 5.30%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 10.35 4.70
211.75% 54.59%
P/E 18.56
EV/Sales 0.70

6 Analysts have issued a Fomento Economico Mexicano SAB de CV Sponsored ADR Class B forecast for earnings per share. The average Fomento Economico Mexicano SAB de CV Sponsored ADR Class B <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$4.70
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. This is
28.07% higher
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$5.26 43.32%
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, the lowest is
$4.24 15.53%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $10.35 211.75%
2024
$4.70 54.59%
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2025
$5.09 8.30%
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2026
$5.75 12.97%
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P/E ratio

Current 23.80 87.70%
2024
18.56 22.02%
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2025
17.15 7.60%
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2026
15.17 11.55%
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Based on analysts' sales estimates for 2024, the Fomento Economico Mexicano SAB de CV Sponsored ADR Class B stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 0.65 26.97%
2024
0.70 8.42%
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2025
0.65 7.41%
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2026
0.61 6.77%
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2027
0.52 15.24%
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2028
0.47 8.82%
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P/S ratio

Current 0.43 37.09%
2024
0.47 8.17%
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2025
0.43 7.40%
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2026
0.40 6.79%
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2027
0.34 15.24%
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2028
0.31 8.83%
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