Beverages - Alcoholic
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FMX vs COKE
Revenue, margins, valuation, and 5-year total return — side by side.
Beverages - Non-Alcoholic
FMX vs COKE — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Beverages - Alcoholic | Beverages - Non-Alcoholic |
| Market Cap | $4.14B | $14.87B |
| Revenue (TTM) | $841.93B | $7.49B |
| Net Income (TTM) | $20.06B | $579M |
| Gross Margin | 40.6% | 39.3% |
| Operating Margin | 8.6% | 13.4% |
| Forward P/E | 1.4x | 26.1x |
| Total Debt | $257.98B | $3.00B |
| Cash & Equiv. | $108.52B | $282M |
FMX vs COKE — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Fomento Económico M… (FMX) | 100 | 177.1 | +77.1% |
| Coca-Cola Consolida… (COKE) | 100 | 729.7 | +629.7% |
Price return only. Dividends and distributions are not included.
Quick Verdict: FMX vs COKE
Each card shows where this stock fits in a portfolio — not just who wins on paper.
FMX is the clearest fit if your priority is income & stability and defensive.
- Dividend streak 0 yrs, beta 0.34, yield 64.8%
- Beta 0.34, yield 64.8%, current ratio 1.35x
- Lower P/E (1.4x vs 26.1x)
COKE carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 4.8%, EPS growth -2.6%, 3Y rev CAGR 5.2%
- 10.1% 10Y total return vs FMX's 63.3%
- Lower volatility, beta 0.18, current ratio 1.26x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 4.8% revenue growth vs FMX's -94.8% | |
| Value | Lower P/E (1.4x vs 26.1x) | |
| Quality / Margins | 7.7% margin vs FMX's 2.4% | |
| Stability / Safety | Beta 0.18 vs FMX's 0.34 | |
| Dividends | 64.8% yield, vs COKE's 0.6% | |
| Momentum (1Y) | +49.6% vs FMX's +22.7% | |
| Efficiency (ROA) | 11.4% ROA vs FMX's 2.4%, ROIC 34.2% vs 0.6% |
FMX vs COKE — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
FMX vs COKE — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
COKE leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FMX is the larger business by revenue, generating $841.9B annually — 112.3x COKE's $7.5B. COKE is the more profitable business, keeping 7.7% of every revenue dollar as net income compared to FMX's 2.4%. On growth, COKE holds the edge at +16.9% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $841.9B | $7.5B |
| EBITDAEarnings before interest/tax | $71.8B | $1.1B |
| Net IncomeAfter-tax profit | $20.1B | $579M |
| Free Cash FlowCash after capex | $21.3B | $662M |
| Gross MarginGross profit ÷ Revenue | +40.6% | +39.3% |
| Operating MarginEBIT ÷ Revenue | +8.6% | +13.4% |
| Net MarginNet income ÷ Revenue | +2.4% | +7.7% |
| FCF MarginFCF ÷ Revenue | +2.5% | +8.8% |
| Rev. Growth (YoY)Latest quarter vs prior year | +1.7% | +16.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +21.6% | +40.3% |
Valuation Metrics
FMX leads this category, winning 3 of 4 comparable metrics.
Valuation Metrics
At 4.4x trailing earnings, FMX trades at a 83% valuation discount to COKE's 26.1x P/E. On an enterprise value basis, COKE's 15.0x EV/EBITDA is more attractive than FMX's 23.8x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $4.1B | $14.9B |
| Enterprise ValueMkt cap + debt − cash | $153.6B | $17.6B |
| Trailing P/EPrice ÷ TTM EPS | 4.36x | 26.08x |
| Forward P/EPrice ÷ next-FY EPS est. | 1.36x | — |
| PEG RatioP/E ÷ EPS growth rate | — | 0.87x |
| EV / EBITDAEnterprise value multiple | 23.81x | 15.04x |
| Price / SalesMarket cap ÷ Revenue | 0.09x | 2.06x |
| Price / BookPrice ÷ Book value/share | 0.01x | — |
| Price / FCFMarket cap ÷ FCF | 2.55x | 23.80x |
Profitability & Efficiency
COKE leads this category, winning 8 of 8 comparable metrics.
Profitability & Efficiency
COKE delivers a 122.9% return on equity — every $100 of shareholder capital generates $123 in annual profit, vs $6 for FMX. On the Piotroski fundamental quality scale (0–9), COKE scores 5/9 vs FMX's 4/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +5.8% | +122.9% |
| ROA (TTM)Return on assets | +2.4% | +11.4% |
| ROICReturn on invested capital | +0.6% | +34.2% |
| ROCEReturn on capital employed | +0.6% | +25.4% |
| Piotroski ScoreFundamental quality 0–9 | 4 | 5 |
| Debt / EquityFinancial leverage | 0.78x | — |
| Net DebtTotal debt minus cash | $149.5B | $2.7B |
| Cash & Equiv.Liquid assets | $108.5B | $282M |
| Total DebtShort + long-term debt | $258.0B | $3.0B |
| Interest CoverageEBIT ÷ Interest expense | 3.89x | 14.03x |
Total Returns (Dividends Reinvested)
COKE leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in COKE five years ago would be worth $63,089 today (with dividends reinvested), compared to $17,270 for FMX. Over the past 12 months, COKE leads with a +49.6% total return vs FMX's +22.7%. The 3-year compound annual growth rate (CAGR) favors COKE at 40.6% vs FMX's 10.7% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +22.5% | +18.9% |
| 1-Year ReturnPast 12 months | +22.7% | +49.6% |
| 3-Year ReturnCumulative with dividends | +35.8% | +177.9% |
| 5-Year ReturnCumulative with dividends | +72.7% | +530.9% |
| 10-Year ReturnCumulative with dividends | +63.3% | +1005.2% |
| CAGR (3Y)Annualised 3-year return | +10.7% | +40.6% |
Risk & Volatility
Evenly matched — FMX and COKE each lead in 1 of 2 comparable metrics.
Risk & Volatility
COKE is the less volatile stock with a 0.18 beta — it tends to amplify market swings less than FMX's 0.34 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. FMX currently trades 96.5% from its 52-week high vs COKE's 80.9% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.34x | 0.18x |
| 52-Week HighHighest price in past year | $124.24 | $219.65 |
| 52-Week LowLowest price in past year | $83.08 | $105.21 |
| % of 52W HighCurrent price vs 52-week peak | +96.5% | +80.9% |
| RSI (14)Momentum oscillator 0–100 | 67.7 | 61.2 |
| Avg Volume (50D)Average daily shares traded | 412K | 499K |
Analyst Outlook
FMX leads this category, winning 1 of 1 comparable metric.
Analyst Outlook
Wall Street rates FMX as "Buy" and COKE as "Hold". For income investors, FMX offers the higher dividend yield at 64.75% vs COKE's 0.58%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Hold |
| Price TargetConsensus 12-month target | $116.00 | — |
| # AnalystsCovering analysts | 11 | 1 |
| Dividend YieldAnnual dividend ÷ price | +64.8% | +0.6% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | $77.65 | $1.03 |
| Buyback YieldShare repurchases ÷ mkt cap | +15.5% | +17.5% |
COKE leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). FMX leads in 2 (Valuation Metrics, Analyst Outlook). 1 tied.
FMX vs COKE: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is FMX or COKE a better buy right now?
For growth investors, Coca-Cola Consolidated, Inc.
(COKE) is the stronger pick with 4. 8% revenue growth year-over-year, versus -94. 8% for Fomento Económico Mexicano, S. A. B. de C. V. (FMX). Fomento Económico Mexicano, S. A. B. de C. V. (FMX) offers the better valuation at 4. 4x trailing P/E (1. 4x forward), making it the more compelling value choice. Analysts rate Fomento Económico Mexicano, S. A. B. de C. V. (FMX) a "Buy" — based on 11 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — FMX or COKE?
On trailing P/E, Fomento Económico Mexicano, S.
A. B. de C. V. (FMX) is the cheapest at 4. 4x versus Coca-Cola Consolidated, Inc. at 26. 1x.
03Which is the better long-term investment — FMX or COKE?
Over the past 5 years, Coca-Cola Consolidated, Inc.
(COKE) delivered a total return of +530. 9%, compared to +72. 7% for Fomento Económico Mexicano, S. A. B. de C. V. (FMX). Over 10 years, the gap is even starker: COKE returned +1005% versus FMX's +63. 3%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — FMX or COKE?
By beta (market sensitivity over 5 years), Coca-Cola Consolidated, Inc.
(COKE) is the lower-risk stock at 0. 18β versus Fomento Económico Mexicano, S. A. B. de C. V. 's 0. 34β — meaning FMX is approximately 97% more volatile than COKE relative to the S&P 500.
05Which is growing faster — FMX or COKE?
By revenue growth (latest reported year), Coca-Cola Consolidated, Inc.
(COKE) is pulling ahead at 4. 8% versus -94. 8% for Fomento Económico Mexicano, S. A. B. de C. V. (FMX). On earnings-per-share growth, the picture is similar: Coca-Cola Consolidated, Inc. grew EPS -2. 6% year-over-year, compared to -96. 3% for Fomento Económico Mexicano, S. A. B. de C. V.. Over a 3-year CAGR, COKE leads at 5. 2% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — FMX or COKE?
Coca-Cola Consolidated, Inc.
(COKE) is the more profitable company, earning 7. 9% net margin versus 2. 3% for Fomento Económico Mexicano, S. A. B. de C. V. — meaning it keeps 7. 9% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: COKE leads at 13. 2% versus 8. 6% for FMX. At the gross margin level — before operating expenses — FMX leads at 40. 6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Which pays a better dividend — FMX or COKE?
All stocks in this comparison pay dividends.
Fomento Económico Mexicano, S. A. B. de C. V. (FMX) offers the highest yield at 64. 8%, versus 0. 6% for Coca-Cola Consolidated, Inc. (COKE).
08Is FMX or COKE better for a retirement portfolio?
For long-horizon retirement investors, Coca-Cola Consolidated, Inc.
(COKE) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 18), 0. 6% yield, +1005% 10Y return). Both have compounded well over 10 years (COKE: +1005%, FMX: +63. 3%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between FMX and COKE?
Both stocks operate in the Consumer Defensive sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: FMX is a small-cap deep-value stock; COKE is a mid-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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