Fomento Pb Ratio vs Pocfratio Analysis

FMX Stock  USD 116.39  0.50  0.43%   
Fomento Economico financial indicator trend analysis is much more than just examining Fomento Economico latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fomento Economico is a good investment. Please check the relationship between Fomento Economico Pb Ratio and its Pocfratio accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

Pb Ratio vs Pocfratio

Pb Ratio vs Pocfratio Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fomento Economico Pb Ratio account and Pocfratio. At this time, the significance of the direction appears to have strong relationship.
The correlation between Fomento Economico's Pb Ratio and Pocfratio is 0.79. Overlapping area represents the amount of variation of Pb Ratio that can explain the historical movement of Pocfratio in the same time period over historical financial statements of Fomento Economico Mexicano, assuming nothing else is changed. The correlation between historical values of Fomento Economico's Pb Ratio and Pocfratio is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Pb Ratio of Fomento Economico Mexicano are associated (or correlated) with its Pocfratio. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Pocfratio has no effect on the direction of Pb Ratio i.e., Fomento Economico's Pb Ratio and Pocfratio go up and down completely randomly.

Correlation Coefficient

0.79
Relationship DirectionPositive 
Relationship StrengthSignificant

Pb Ratio

Pocfratio

Most indicators from Fomento Economico's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fomento Economico current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Fomento Economico's Selling General Administrative is fairly stable compared to the past year. Sales General And Administrative To Revenue is likely to rise to 0.06 in 2024, whereas Tax Provision is likely to drop slightly above 13.3 B in 2024.
 2021 2022 2023 2024 (projected)
Interest Expense16.9B16.3B17.2B18.1B
Depreciation And Amortization28.0B30.5B34.0B35.7B

Fomento Economico fundamental ratios Correlations

0.60.420.30.480.640.48-0.120.370.640.520.440.60.340.440.620.360.450.490.330.060.430.440.480.290.31
0.60.950.820.970.930.96-0.140.670.970.960.670.80.750.860.810.770.960.980.59-0.170.950.870.920.540.85
0.420.950.870.930.810.95-0.160.740.890.930.530.790.710.80.640.821.00.970.51-0.341.00.830.870.40.82
0.30.820.870.910.790.94-0.010.410.810.750.630.510.860.830.40.530.840.890.73-0.150.870.920.880.540.65
0.480.970.930.910.940.990.00.560.960.910.750.690.840.90.740.70.920.990.72-0.140.930.940.960.610.82
0.640.930.810.790.940.91-0.050.450.980.890.840.640.830.90.810.560.80.90.760.10.80.90.930.750.77
0.480.960.950.940.990.91-0.030.560.940.890.720.680.850.890.660.680.930.980.72-0.170.950.950.950.590.79
-0.12-0.14-0.16-0.010.0-0.05-0.03-0.16-0.04-0.280.2-0.380.190.020.03-0.24-0.21-0.040.33-0.19-0.170.140.050.01-0.28
0.370.670.740.410.560.450.56-0.160.570.70.080.830.260.330.560.90.770.650.07-0.380.730.390.44-0.050.64
0.640.970.890.810.960.980.94-0.040.570.940.780.710.810.910.830.660.880.950.7-0.090.880.90.950.630.79
0.520.960.930.750.910.890.89-0.280.70.940.590.820.660.810.790.80.930.930.48-0.140.920.780.860.510.86
0.440.670.530.630.750.840.720.20.080.780.590.20.890.890.660.170.510.670.910.060.510.860.860.820.59
0.60.80.790.510.690.640.68-0.380.830.710.820.20.270.450.670.930.810.750.09-0.130.80.460.540.180.7
0.340.750.710.860.840.830.850.190.260.810.660.890.270.930.490.280.690.790.95-0.130.70.970.930.70.63
0.440.860.80.830.90.90.890.020.330.910.810.890.450.930.670.410.780.870.81-0.170.790.940.980.720.74
0.620.810.640.40.740.810.660.030.560.830.790.660.670.490.670.650.660.740.44-0.040.630.610.720.480.74
0.360.770.820.530.70.560.68-0.240.90.660.80.170.930.280.410.650.830.770.1-0.270.820.470.530.080.72
0.450.961.00.840.920.80.93-0.210.770.880.930.510.810.690.780.660.830.960.48-0.330.990.810.850.380.84
0.490.980.970.890.990.90.98-0.040.650.950.930.670.750.790.870.740.770.960.63-0.240.970.90.940.510.83
0.330.590.510.730.720.760.720.330.070.70.480.910.090.950.810.440.10.480.630.080.480.890.810.760.48
0.06-0.17-0.34-0.15-0.140.1-0.17-0.19-0.38-0.09-0.140.06-0.13-0.13-0.17-0.04-0.27-0.33-0.240.08-0.34-0.15-0.190.41-0.12
0.430.951.00.870.930.80.95-0.170.730.880.920.510.80.70.790.630.820.990.970.48-0.340.820.860.380.82
0.440.870.830.920.940.90.950.140.390.90.780.860.460.970.940.610.470.810.90.89-0.150.820.970.680.71
0.480.920.870.880.960.930.950.050.440.950.860.860.540.930.980.720.530.850.940.81-0.190.860.970.680.78
0.290.540.40.540.610.750.590.01-0.050.630.510.820.180.70.720.480.080.380.510.760.410.380.680.680.53
0.310.850.820.650.820.770.79-0.280.640.790.860.590.70.630.740.740.720.840.830.48-0.120.820.710.780.53
Click cells to compare fundamentals

Fomento Economico Account Relationship Matchups

Fomento Economico fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets637.5B684.8B737.5B798.8B805.8B846.1B
Short Long Term Debt Total166.6B241.8B246.9B280.6B232.9B244.5B
Other Current Liab112.0B100.7B122.8B143.4B162.6B170.8B
Total Current Liabilities136.5B118.4B136.7B176.9B186.3B195.6B
Total Stockholder Equity325.8B237.7B262.6B262.6B379.1B398.1B
Property Plant And Equipment Net167.2B167.9B172.1B218.0B227.3B238.6B
Current Deferred Revenue(75.8B)(73.1B)(91.4B)9.7B8.7B9.1B
Net Debt46.4B76.3B87.1B103.9B67.8B39.1B
Retained Earnings229.8B215.6B238.3B251.2B304.7B319.9B
Accounts Payable76.7B75.2B93.4B78.4B81.5B85.6B
Cash65.6B44.0B32.1B39.6B165.1B173.4B
Non Current Assets Total465.0B483.6B506.8B572.2B449.6B246.6B
Non Currrent Assets Other53.7B62.0B69.2B60.2B196.0B205.8B
Cash And Short Term Investments77.9B109.0B121.8B83.5B191.8B201.4B
Net Receivables29.6B23.8B28.6B37.1B38.9B40.8B
Good Will47.9B48.0B57.4B85.7B45.5B24.4B
Liabilities And Stockholders Equity711.3B684.8B737.5B798.8B805.8B846.1B
Non Current Liabilities Total175.3B259.1B266.0B286.1B240.4B252.4B
Inventory41.0B44.0B50.9B62.2B58.2B61.1B
Other Current Assets24.0B2.9B2.7B11.7B67.3B70.7B
Other Stockholder Equity91.9B973.0M3.1B(9.6B)18.0B21.9B
Total Liab311.8B447.1B474.9B536.2B426.7B448.0B
Property Plant And Equipment Gross167.2B167.9B172.1B218.0B338.5B355.4B
Total Current Assets172.6B201.3B230.7B226.4B356.2B374.0B
Accumulated Other Comprehensive Income685M(843M)3.1B(9.6B)(21.7B)(20.7B)
Short Term Debt23.6B15.6B2.0B1.9B23.6B24.8B
Other Liab26.2B27.8B31.1B29.5B33.9B35.6B
Other Assets39.3B27.9B49.6B52.9B60.8B63.9B
Long Term Debt95.7B179.9B185.9B173.4B128.4B134.8B
Intangible Assets98.7B107.5B100.8B105.1B98.5B74.1B
Property Plant Equipment167.2B167.9B172.1B218.0B250.7B263.2B
Short Term Investments12.4B1.3B24.4B51M26.7B28.1B
Net Tangible Assets104.5B81.5B176.7B71.1B81.7B83.4B
Long Term Investments97.5B98.3B107.3B103.7B35.3B33.6B
Short Long Term Debt16.2B8.8B4.6B16.3B8.5B12.1B
Long Term Debt Total149.0B231.4B241.0B254.6B292.8B162.8B
Capital Surpluse18.2B17.8B17.9B17.7B20.4B21.8B

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When determining whether Fomento Economico offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Fomento Economico's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Fomento Economico Mexicano Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Fomento Economico Mexicano Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fomento Economico Mexicano. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for Fomento Stock analysis

When running Fomento Economico's price analysis, check to measure Fomento Economico's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fomento Economico is operating at the current time. Most of Fomento Economico's value examination focuses on studying past and present price action to predict the probability of Fomento Economico's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fomento Economico's price. Additionally, you may evaluate how the addition of Fomento Economico to your portfolios can decrease your overall portfolio volatility.
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Is Fomento Economico's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fomento Economico. If investors know Fomento will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fomento Economico listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.94)
Dividend Share
4.397
Earnings Share
4.84
Revenue Per Share
K
Quarterly Revenue Growth
0.113
The market value of Fomento Economico is measured differently than its book value, which is the value of Fomento that is recorded on the company's balance sheet. Investors also form their own opinion of Fomento Economico's value that differs from its market value or its book value, called intrinsic value, which is Fomento Economico's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fomento Economico's market value can be influenced by many factors that don't directly affect Fomento Economico's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fomento Economico's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fomento Economico is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fomento Economico's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.