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Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
The historical rank and industry rank for Fomento Economico MexicanoB de CV's Graham Number or its related term are showing as below:
MEX:FEMSAUB'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 1.6 Med: 2.47 Max: 9.61
Current: 2.13
During the past 13 years, the highest Price to Graham Number ratio of Fomento Economico MexicanoB de CV was 9.61. The lowest was 1.60. And the median was 2.47.
MEX:FEMSAUB's Price-to-Graham-Number is not ranked
in the Beverages - Alcoholic industry.
Industry Median: 1.52
vs MEX:FEMSAUB: 2.13
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Fomento Economico MexicanoB de CV (MEX:FEMSAUB) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
Fomento Economico MexicanoB de CV's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
171.50
/
N/A
=
N/A
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
Fomento Economico MexicanoB de CV Graham Number Related Terms
Fomento Economico MexicanoB de CV Graham Number Historical Data
* 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 Graham Number Chart
For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Price-to-Graham-Number vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Fomento Economico MexicanoB de CV's Price-to-Graham-Number falls into.
* 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 (MEX:FEMSAUB) has a Graham Number of MXNN/A as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fomento Economico MexicanoB de CV and its competitors. Over the past decade, Fomento Economico MexicanoB de CV's Graham Number has ranged from 1.60 to 9.61. According to the industry distribution chart, Fomento Economico MexicanoB de CV ranks #999999 out of 135 companies in the Beverages - Alcoholic industry.
Is Fomento Economico MexicanoB de CV's Graham Number too high?
Fomento Economico MexicanoB de CV's current Graham Number is MXNN/A. Over the past 10 years, this metric has ranged from a low of 1.60 to a high of 9.61. Based on the distribution chart, Fomento Economico MexicanoB de CV ranks #999999 out of 135 companies in the Beverages - Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Fomento Economico MexicanoB de CV has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fomento Economico MexicanoB de CV's Graham Number compare to STZ and TAP?
According to the Beverages - Alcoholic industry distribution chart, Fomento Economico MexicanoB de CV ranks #999999 out of 135 companies for Graham Number. This places Fomento Economico MexicanoB de CV in the lower half of its industry. The industry median Graham Number is 1.52. Historically, Fomento Economico MexicanoB de CV's own Graham Number has ranged from 1.60 to 9.61 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Beverages - Alcoholic company?
The median Graham Number among Beverages - Alcoholic companies is 1.52, based on 135 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Fomento Economico MexicanoB de CV and its competitors. For the Beverages - Alcoholic industry, the median Graham Number is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento Economico MexicanoB de CV's current Graham Number is MXNN/A. 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 (MEX:FEMSAUB) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN210.92, compared to a current price of MXN171.50 — trading 18.7% below its estimated fair value. The current Graham Number is MXNN/A. Fomento Economico MexicanoB de CV's overall GF Score™ is 91/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Fomento Economico MexicanoB de CV (MEX:FEMSAUB), the current Graham Number is MXNN/A 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 (MEX:FEMSAUB) Overvalued in 2026?
Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be undervalued.
The current stock price of MXN171.50 is trading 18.7% below its estimated GF Value™ of MXN210.92.
GuruFocus considers Fomento Economico MexicanoB de CV to be Modestly Undervalued.
Key valuation signals for MEX:FEMSAUB:
Graham Number: MXNN/A
GF Value™: MXN210.92 vs. price of MXN171.50 (18.7% below fair value)
No single metric tells the full story. See the MEX:FEMSAUB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Fomento Economico MexicanoB de CV Business Description
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.
91GF Score
Get the complete analysis for MEX:FEMSAUB
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