Coca-Cola FemsaB de CV (FRA:CFS5) Gross Margin %: 46.89% (As of Mar. 2026) — Near Median


FRA:CFS5 Coca-Cola Femsa SAB de CV FRA:CFS5
68 GF Score
Price €8.95
GF Value €7.46
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Coca-Cola FemsaB de CV Gross Margin %?

Coca-Cola FemsaB de CV FRA:CFS5 -2.19% 68 Gross Margin % is 46.89% as of Mar. 2026, which is 3% above its 10-year median of 45.36. GuruFocus rates FRA:CFS5 with a GF Score™ of 68/100 and a GF Value™ of €7.46 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 115 Beverages - Non-Alcoholic companies, Coca-Cola FemsaB de CV ranks better than 67.83% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Coca-Cola FemsaB de CV's Gross Profit for the three months ended in Mar. 2026 was €1,595 Mil. Coca-Cola FemsaB de CV's Revenue for the three months ended in Mar. 2026 was €3,402 Mil. Therefore, Coca-Cola FemsaB de CV's Gross Margin % for the quarter that ended in Mar. 2026 was 46.89%.


The historical rank and industry rank for Coca-Cola FemsaB de CV's Gross Margin % or its related term are showing as below:

FRA:CFS5' s Gross Margin % Range Over the Past 10 Years
Min: 44.24   Med: 45.36   Max: 46.03
Current: 46.02


During the past 13 years, the highest Gross Margin % of Coca-Cola FemsaB de CV was 46.03%. The lowest was 44.24%. And the median was 45.36%.

FRA:CFS5's Gross Margin % is ranked better than
67.83% of 115 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 38.43 vs FRA:CFS5: 46.02

Coca-Cola FemsaB de CV had a gross margin of 46.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Coca-Cola FemsaB de CV was 0.30% per year.


Coca-Cola FemsaB de CV  (FRA:CFS5) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Coca-Cola FemsaB de CV had a gross margin of 46.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Coca-Cola FemsaB de CV Gross Margin % Related Terms


Coca-Cola FemsaB de CV Gross Margin % Historical Data

* Premium members only.

The historical data trend for Coca-Cola FemsaB de CV's Gross Margin % 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.

Coca-Cola FemsaB de CV Gross Margin % Chart

Coca-Cola FemsaB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.48 44.24 45.23 46.01 45.65

Coca-Cola FemsaB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % 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 45.37 45.31 45.06 46.71 46.89

FRA:CFS5 vs COKE, PRMB, CELH: Gross Margin % Comparison

For the Beverages - Non-Alcoholic subindustry, Coca-Cola FemsaB de CV's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Coca-Cola FemsaB de CV Gross Margin % vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola FemsaB de CV's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Coca-Cola FemsaB de CV's Gross Margin % falls into.


FRA:CFS5
68GF Score
Coca-Cola Femsa SAB de CV FRA:CFS5
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Coca-Cola FemsaB de CV Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Coca-Cola FemsaB de CV's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=6316.5 / 13837.345
=(Revenue - Cost of Goods Sold) / Revenue
=(13837.345 - 7520.884) / 13837.345
=45.65 %

Coca-Cola FemsaB de CV's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=1595.2 / 3402.208
=(Revenue - Cost of Goods Sold) / Revenue
=(3402.208 - 1807.018) / 3402.208
=46.89 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 46.89% mean?
Coca-Cola FemsaB de CV (FRA:CFS5) has a Gross Margin % of 46.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Coca-Cola FemsaB de CV and its competitors. This is near median its historical median of 45.36. Over the past decade, Coca-Cola FemsaB de CV's Gross Margin % has ranged from 44.24 to 46.03. According to the industry distribution chart, Coca-Cola FemsaB de CV ranks #37 out of 115 companies in the Beverages - Non-Alcoholic industry, placing it in the top 32.2%.
Is Coca-Cola FemsaB de CV's Gross Margin % too high?
Coca-Cola FemsaB de CV's current Gross Margin % of 46.89% is near median its 10-year median of 45.36. Over the past 10 years, this metric has ranged from a low of 44.24 to a high of 46.03. The Beverages - Non-Alcoholic industry median Gross Margin % is 38.43. Coca-Cola FemsaB de CV's value of 46.89% is 22% above this industry median. Based on the distribution chart, Coca-Cola FemsaB de CV ranks #37 out of 115 companies in the Beverages - Non-Alcoholic industry, which is above the industry midpoint. Overall, Coca-Cola FemsaB de CV has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Coca-Cola FemsaB de CV's Gross Margin % compare to COKE and PRMB?
According to the Beverages - Non-Alcoholic industry distribution chart, Coca-Cola FemsaB de CV ranks #37 out of 115 companies for Gross Margin %. This puts Coca-Cola FemsaB de CV in the upper half of its industry. The industry median Gross Margin % is 38.43. Coca-Cola FemsaB de CV's value of 46.89% is 22% above this benchmark. Historically, Coca-Cola FemsaB de CV's own Gross Margin % has ranged from 44.24 to 46.03 over the past decade. While the company's 10-year median is 45.36 vs. the industry median of 38.43, Coca-Cola FemsaB de CV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Beverages - Non-Alcoholic company?
The median Gross Margin % among Beverages - Non-Alcoholic companies is 38.43, based on 115 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Coca-Cola FemsaB de CV's current Gross Margin % of 46.89% is 22% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Coca-Cola FemsaB de CV and its competitors. For the Beverages - Non-Alcoholic industry, the median Gross Margin % is 38.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coca-Cola FemsaB de CV's current Gross Margin % is 46.89%, which is near median its own 10-year median of 45.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coca-Cola FemsaB de CV stock overvalued right now?
Based on GuruFocus' analysis, Coca-Cola FemsaB de CV (FRA:CFS5) is currently considered Modestly Overvalued. The stock's GF Value™ is €7.46, compared to a current price of €8.95 — trading 20% above its estimated fair value. The current Gross Margin % is 46.89%, which is near median its 10-year median of 45.36 and 22% above the Beverages - Non-Alcoholic industry median of 38.43. Coca-Cola FemsaB de CV's overall GF Score™ is 68/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Coca-Cola FemsaB de CV (FRA:CFS5), the current Gross Margin % is 46.89% as of Mar. 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 Coca-Cola FemsaB de CV (FRA:CFS5) Overvalued in 2026?

Based on GuruFocus' analysis, Coca-Cola FemsaB de CV stock appears to be overvalued. The current stock price of €8.95 is trading 20% above its estimated GF Value™ of €7.46. GuruFocus considers Coca-Cola FemsaB de CV to be Modestly Overvalued.

Key valuation signals for FRA:CFS5:

  • Gross Margin %: 46.89% (near median its 10-year median of 45.36)
  • GF Value™: €7.46 vs. price of €8.95 (20% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 22% above the Beverages - Non-Alcoholic median (#37 of 115)

No single metric tells the full story. See the FRA:CFS5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coca-Cola FemsaB de CV Business Description

Address Mario Pani No. 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348
Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of Coca-Cola in volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through modern trade, traditional trade, and the on-premises channel. Mexico and Brazil make up 80% of the total volume and sales, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Femsa and Coca-Cola hold 47% and 28% economic interests in Coca-Cola Femsa through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the voting power.
68GF Score

Get the complete analysis for FRA:CFS5

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€8.95
Price
€7.46
GF Value