FMX
Fomento Económico Mexicano, S.A.B. de C.V. Consumer Defensive - Beverages - Brewers Investor Relations →
Fomento Económico Mexicano, S.A.B. de C.V. (FMX) closed at $126.47 as of 2026-06-19, trading 32.2% above its 200-week moving average of $95.67. The stock is currently moving closer to the line, down from 35.7% last week. With a 14-week RSI of 72, FMX is in overbought territory.
Trading volume is running at 1.2x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.04 ratio) is neutral — neither side is clearly dominating.
Over the past 1418 weeks of data, FMX has crossed below its 200-week moving average 37 times. On average, these episodes lasted 8 weeks. Historically, investors who bought FMX at the start of these episodes saw an average one-year return of +8.6%.
With a market cap of $43.1 billion, FMX is a large-cap stock. The company generates a free cash flow yield of 369.8%, which is notably high. Return on equity stands at 12.4%. The stock trades at 3.5x book value.
Over the past 27.2 years, a hypothetical investment of $100 in FMX would have grown to $1648, compared to $902 for the S&P 500. That represents an annualized return of 10.8% vs 8.4% for the index — confirming FMX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been volatile over the past several years, making the quality of earnings harder to assess.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: FMX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FMX Crosses Below the Line?
Across 37 historical episodes, buying FMX when it crossed below its 200-week moving average produced an average return of +6.9% after 12 months (median +9.0%), compared to +9.5% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +23.7% vs +25.9% for the index.
Each line shows $100 invested at the moment FMX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Dislocation Scores Experimental
Each score measures deviation from FMX's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
FMX has crossed below its 200-week MA 37 times with an average 1-year return of +8.6% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 2000 | Feb 2001 | 11 | 14.7% | +15.8% | +1839.5% |
| Mar 2001 | Mar 2001 | 2 | 5.3% | +32.1% | +1654.6% |
| Sep 2001 | Dec 2001 | 12 | 22.0% | +14.2% | +1621.2% |
| Jul 2002 | Aug 2002 | 1 | 1.2% | +8.9% | +1512.0% |
| Sep 2002 | Sep 2002 | 2 | 3.7% | +7.9% | +1505.2% |
| Nov 2002 | Nov 2002 | 2 | 5.5% | +3.6% | +1481.9% |
| Dec 2002 | Apr 2003 | 18 | 17.2% | -0.4% | +1469.3% |
| Aug 2003 | Sep 2003 | 5 | 1.9% | +12.0% | +1405.8% |
| Sep 2003 | Jan 2004 | 14 | 7.8% | +20.9% | +1405.0% |
| Oct 2008 | May 2009 | 32 | 37.9% | +65.9% | +560.9% |
| Jun 2009 | Jul 2009 | 4 | 7.0% | +52.9% | +468.7% |
| Dec 2014 | Dec 2014 | 1 | 2.0% | +11.2% | +95.9% |
| Jan 2015 | Feb 2015 | 1 | 2.7% | +15.2% | +94.7% |
| Jul 2015 | Jul 2015 | 1 | 0.9% | +9.6% | +82.9% |
| Aug 2015 | Oct 2015 | 7 | 6.4% | +19.5% | +92.6% |
| Dec 2015 | Dec 2015 | 1 | 0.3% | -11.5% | +76.1% |
| Jan 2016 | Feb 2016 | 6 | 7.0% | -10.3% | +88.0% |
| Mar 2016 | Apr 2016 | 4 | 1.5% | -0.1% | +73.2% |
| May 2016 | Aug 2016 | 14 | 4.8% | +0.4% | +77.2% |
| Aug 2016 | Oct 2016 | 6 | 7.3% | +9.9% | +71.7% |
| Oct 2016 | Mar 2017 | 19 | 17.4% | -4.4% | +74.7% |
| Mar 2017 | Apr 2017 | 1 | 1.2% | +4.9% | +78.4% |
| May 2017 | May 2017 | 1 | 0.1% | +2.7% | +76.5% |
| Oct 2017 | Nov 2017 | 3 | 4.1% | +3.7% | +82.7% |
| Mar 2018 | Mar 2018 | 1 | 1.8% | +6.0% | +77.4% |
| May 2018 | Jul 2018 | 8 | 7.0% | +15.7% | +78.1% |
| Oct 2018 | Dec 2018 | 9 | 6.8% | +3.4% | +76.2% |
| Mar 2019 | Mar 2019 | 1 | 1.8% | -3.1% | +75.5% |
| Jul 2019 | Aug 2019 | 4 | 1.0% | -29.9% | +71.5% |
| Oct 2019 | Nov 2019 | 1 | 0.1% | -38.4% | +70.3% |
| Feb 2020 | May 2021 | 63 | 36.0% | -13.7% | +84.9% |
| Nov 2021 | Jan 2022 | 7 | 11.0% | +9.7% | +94.6% |
| Jan 2022 | Mar 2022 | 7 | 6.4% | +17.4% | +92.1% |
| Apr 2022 | Nov 2022 | 31 | 23.2% | +21.2% | +83.9% |
| Nov 2024 | Nov 2024 | 1 | 1.5% | +14.2% | +54.7% |
| Dec 2024 | Feb 2025 | 9 | 8.9% | +23.3% | +52.0% |
| Aug 2025 | Sep 2025 | 5 | 3.7% | N/A | +47.9% |
| Average | 8 | — | +8.6% | — |
Frequently Asked Questions
Is FMX below its 200-week moving average?
No. Fomento Económico Mexicano, S.A.B. de C.V. (FMX) is currently 32.2% above its 200-week moving average of $95.67. It would need to fall to $95.67 to cross below the line.
What is FMX's 200-week moving average price?
Fomento Económico Mexicano, S.A.B. de C.V.'s 200-week moving average is $95.67 as of 2026-06-19. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when FMX drops below its 200-week moving average?
FMX has crossed below its 200-week moving average 37 times in our data. On average, buying at that moment produced a one-year return of +8.6%. These dips have historically been decent entry points. These episodes lasted 8 weeks on average.
Is FMX a good value right now?
Here's what our data says about FMX as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 72 (overbought). Free cash flow yield is 369.8%. Return on equity is 12.4%. Price-to-book is 3.5x. This is not a buy or sell recommendation — always do your own research.
How does FMX compare to the S&P 500?
Over the past 27.2 years, $100 invested in FMX would have grown to $1648, compared to $902 for the S&P 500. That's 10.8% annualized vs 8.4% for the index. FMX has outperformed the broader market over this period.
Does FMX pay a dividend?
Yes. Fomento Económico Mexicano, S.A.B. de C.V. currently pays a dividend yield of 529.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-06-19