Financials Coca-Cola FEMSA, S.A.B. de C.V. Mexican S.E.

Equities

KOF A

MXP2861Y1024

Non-Alcoholic Beverages

End-of-day quote Mexican S.E. 5-day change 1st Jan Change
- MXN -.--% Intraday chart for Coca-Cola FEMSA, S.A.B. de C.V. -.--% -.--%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,735 9,685 11,510 14,260 19,882 18,034 - -
Enterprise Value (EV) 1 15,321 11,859 13,453 16,497 24,885 20,185 19,898 19,611
P/E ratio 20.1 x 19.6 x 15.1 x 13.8 x 17.4 x 13.5 x 12.3 x 11.3 x
Yield 4.19% 5.13% 4.6% 4.72% 3.85% 4.34% 5.01% 5.54%
Capitalization / Revenue 1.25 x 1.1 x 1.22 x 1.16 x 1.38 x 1.16 x 1.07 x 1.01 x
EV / Revenue 1.5 x 1.35 x 1.42 x 1.34 x 1.73 x 1.3 x 1.18 x 1.1 x
EV / EBITDA 7.9 x 6.61 x 7.14 x 7.07 x 9.14 x 6.72 x 5.99 x 5.49 x
EV / FCF 11.4 x 10.1 x 14.3 x 18.9 x 19.9 x 30.3 x 12.7 x 11.2 x
FCF Yield 8.76% 9.94% 7.01% 5.29% 5.03% 3.3% 7.9% 8.91%
Price to Book 2.45 x 1.67 x 1.95 x 2.06 x 2.68 x 2.4 x 2.15 x 1.97 x
Nbr of stocks (in thousands) 210,083 210,083 210,083 210,083 210,083 210,083 - -
Reference price 2 60.62 46.10 54.79 67.88 94.64 85.84 85.84 85.84
Announcement Date 20-02-26 21-02-25 22-02-24 23-02-24 24-02-22 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 10,194 8,816 9,449 12,308 14,368 15,557 16,930 17,833
EBITDA 1 1,939 1,793 1,884 2,334 2,721 3,004 3,319 3,569
EBIT 1 1,325 1,212 1,329 1,674 2,004 2,198 2,429 2,605
Operating Margin 13% 13.75% 14.07% 13.6% 13.95% 14.13% 14.35% 14.61%
Earnings before Tax (EBT) 1 958.1 758.4 1,113 1,421 1,701 1,941 2,201 2,455
Net income 1 634.3 494.9 761.9 1,033 1,145 1,329 1,489 1,668
Net margin 6.22% 5.61% 8.06% 8.39% 7.97% 8.54% 8.8% 9.35%
EPS 2 3.019 2.356 3.627 4.918 5.452 6.342 6.955 7.609
Free Cash Flow 1 1,342 1,178 942.4 873.3 1,251 666.8 1,572 1,747
FCF margin 13.17% 13.37% 9.97% 7.1% 8.71% 4.29% 9.29% 9.8%
FCF Conversion (EBITDA) 69.22% 65.72% 50.01% 37.41% 45.97% 22.19% 47.36% 48.94%
FCF Conversion (Net income) 211.57% 238.1% 123.68% 84.52% 109.22% 50.16% 105.54% 104.71%
Dividend per Share 2 2.540 2.367 2.519 3.201 3.640 3.727 4.298 4.753
Announcement Date 20-02-26 21-02-25 22-02-24 23-02-24 24-02-22 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 2,584 2,488 2,799 2,861 3,323 3,168 3,643 3,437 3,874 3,733 3,930 3,995 4,175 3,928 4,142
EBITDA 1 516.5 477.7 518 532.5 648.9 581.1 678.4 634.8 770.9 698.8 755.2 772.3 846.9 753.1 883.1
EBIT 1 377.3 332.7 373.7 367.6 489.3 426.6 507.8 450.6 567.1 504.1 561.7 549.9 621.3 555.4 682
Operating Margin 14.6% 13.37% 13.35% 12.85% 14.72% 13.47% 13.94% 13.11% 14.64% 13.51% 14.29% 13.77% 14.88% 14.14% 16.46%
Earnings before Tax (EBT) 1 342.1 217.5 343.5 334.3 434.7 335.1 410.7 425.7 496.5 439.1 488.4 484.2 584.8 500.3 623.6
Net income 1 281.8 140.7 226 219.2 387.8 216.3 292.1 294.2 316.1 292.9 328.9 326.1 393.8 331.5 420.1
Net margin 10.9% 5.65% 8.07% 7.66% 11.67% 6.83% 8.02% 8.56% 8.16% 7.85% 8.37% 8.16% 9.43% 8.44% 10.14%
EPS 2 1.344 0.6693 1.075 1.043 1.846 1.030 1.391 1.400 1.505 1.394 1.556 1.266 1.598 1.329 1.635
Dividend per Share 2 2.519 - - - - - - - 3.640 - 2.180 - 2.130 - 1.790
Announcement Date 22-02-24 22-04-28 22-07-25 22-10-24 23-02-24 23-04-26 23-07-25 23-10-25 24-02-22 24-04-24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,586 2,174 1,942 2,236 5,003 2,151 1,865 1,577
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.334 x 1.213 x 1.031 x 0.9581 x 1.838 x 0.716 x 0.5618 x 0.4419 x
Free Cash Flow 1 1,342 1,178 942 873 1,251 667 1,572 1,747
ROE (net income / shareholders' equity) 9.76% 8.6% 13.2% 15.4% 14.7% 17.1% 17.6% 18%
ROA (Net income/ Total Assets) 4.64% 3.96% 5.88% 6.93% 7.09% 8.09% 8.48% 8.59%
Assets 1 13,672 12,506 12,967 14,916 16,165 16,438 17,567 19,420
Book Value Per Share 2 24.70 27.70 28.10 32.90 35.30 35.80 39.90 43.50
Cash Flow per Share 2 9.240 8.340 7.790 9.320 12.10 12.60 11.80 12.90
Capex 1 599 504 673 1,085 1,248 1,307 1,240 1,170
Capex / Sales 5.88% 5.72% 7.12% 8.82% 8.68% 8.4% 7.32% 6.56%
Announcement Date 20-02-26 21-02-25 22-02-24 23-02-24 24-02-22 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
85.84 USD
Average target price
110 USD
Spread / Average Target
+28.17%
Consensus
  1. Stock Market
  2. Equities
  3. KOF Stock
  4. KOF A Stock
  5. Financials Coca-Cola FEMSA, S.A.B. de C.V.