FMX (Fomento Economico MexicanoB de CV) Cyclically Adjusted Revenue per Share: $118.64 (As of Jun. 2026)

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FMX Fomento Economico Mexicano SAB de CV FMX
90 GF Score
Price $122.18
GF Value $132.01
Valuation Fairly Valued
! 7 Warning Signs
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What is Fomento Economico MexicanoB de CV Cyclically Adjusted Revenue per Share?

Fomento Economico MexicanoB de CV FMX -1.76% 90 Cyclically Adjusted Revenue per Share is $118.64 as of Jun. 2026. GuruFocus rates FMX with a GF Score™ of 90/100 and a GF Value™ of $132.01 (Fairly Valued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Fomento Economico MexicanoB de CV's adjusted revenue per share for the three months ended in Jun. 2026 was $38.860. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $118.64 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fomento Economico MexicanoB de CV's average Cyclically Adjusted Revenue Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Fomento Economico MexicanoB de CV was 16.40% per year. The lowest was -20.40% per year. And the median was 7.55% per year.

As of today (2026-08-06), Fomento Economico MexicanoB de CV's current stock price is $122.18. Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $118.64. Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fomento Economico MexicanoB de CV was 2.96. The lowest was 0.83. And the median was 1.29.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=122.18/118.64
=1.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Fomento Economico MexicanoB de CV was 2.96. The lowest was 0.83. And the median was 1.29.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Fomento Economico MexicanoB de CV Cyclically Adjusted Revenue per Share Related Terms


Fomento Economico MexicanoB de CV Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share 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.

Fomento Economico MexicanoB de CV Cyclically Adjusted Revenue per Share Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 64.51 76.77 97.24 87.79 111.02

Fomento Economico MexicanoB de CV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 102.13 106.64 111.02 114.92 118.64

FMX vs STZ, TAP: Cyclically Adjusted Revenue per Share Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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 Cyclically Adjusted PS Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Cyclically Adjusted PS Ratio falls into.


FMX
90GF Score
Fomento Economico Mexicano SAB de CV FMX
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Fomento Economico MexicanoB de CV Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Fomento Economico MexicanoB de CV's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=38.86/165.5700*165.5700
=38.860

Current CPI (Jun. 2026) = 165.5700.

Fomento Economico MexicanoB de CV Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 14.501 103.084 23.291
201612 15.932 105.002 25.122
201703 16.455 108.063 25.212
201706 17.749 108.339 27.125
201709 16.901 109.628 25.526
201712 16.137 112.114 23.831
201803 16.882 113.505 24.626
201806 16.668 113.373 24.342
201809 17.686 115.130 25.434
201812 18.034 117.530 25.405
201903 16.703 118.050 23.427
201906 18.654 117.848 26.208
201909 18.469 118.581 25.787
201912 19.637 120.854 26.903
202003 14.575 121.885 19.799
202006 13.865 121.777 18.851
202009 16.003 123.341 21.482
202012 18.237 124.661 24.222
202103 17.018 127.574 22.087
202106 19.242 128.936 24.709
202109 19.360 130.742 24.517
202112 13.785 133.830 17.054
202203 20.722 137.082 25.028
202206 23.269 139.233 27.671
202209 21.909 142.116 25.525
202212 20.866 144.291 23.943
202303 24.824 146.472 28.061
202306 28.881 146.272 32.691
202309 29.149 148.446 32.511
202312 30.110 151.017 33.012
202403 29.693 152.947 32.144
202406 30.318 153.551 32.691
202409 27.928 155.246 29.785
202412 27.968 157.378 29.424
202503 27.584 158.761 28.767
202506 32.450 160.180 33.542
202509 33.862 161.030 34.817
202512 35.616 163.190 36.135
202603 33.822 166.040 33.726
202606 38.860 165.570 38.860

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of $118.64 mean?
Fomento Economico MexicanoB de CV (FMX) has a Cyclically Adjusted Revenue per Share of $118.64 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fomento Economico MexicanoB de CV and its competitors.
Is Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share too high?
Fomento Economico MexicanoB de CV's current Cyclically Adjusted Revenue per Share is $118.64. Overall, Fomento Economico MexicanoB de CV has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share compare to STZ and TAP?
Fomento Economico MexicanoB de CV's Cyclically Adjusted Revenue per Share of $118.64 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Beverages - Alcoholic company?
A good Cyclically Adjusted Revenue per Share depends on the Beverages - Alcoholic industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Fomento Economico MexicanoB de CV and its competitors. Fomento Economico MexicanoB de CV's current Cyclically Adjusted Revenue per Share is $118.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento Economico MexicanoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV (FMX) is currently considered Fairly Valued. The stock's GF Value™ is $132.01, compared to a current price of $122.18 — trading 7.4% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is $118.64. Fomento Economico MexicanoB de CV's overall GF Score™ is 90/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Fomento Economico MexicanoB de CV (FMX), the current Cyclically Adjusted Revenue per Share is $118.64 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fomento Economico MexicanoB de CV (FMX) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be undervalued. The current stock price of $122.18 is trading 7.4% below its estimated GF Value™ of $132.01. GuruFocus considers Fomento Economico MexicanoB de CV to be Fairly Valued.

Key valuation signals for FMX:

  • Cyclically Adjusted Revenue per Share: $118.64
  • GF Value™: $132.01 vs. price of $122.18 (7.4% below fair value)
  • GF Score™: 90/100 with 7 warning signs

No single metric tells the full story. See the FMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


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 over 70% of total company revenue and over 90% of profits in 2025.
90GF Score

Get the complete analysis for FMX

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$122.18
Price
$132.01
GF Value