Fomento Ptb Ratio vs Free Cash Flow Yield Analysis

FMX Stock  USD 113.76  2.35  2.11%   
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 Ptb Ratio and its Free Cash Flow Yield 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 closely tied with the direction of predictive economic indicators such as signals in population.

Ptb Ratio vs Free Cash Flow Yield

Ptb Ratio vs Free Cash Flow Yield Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fomento Economico Ptb Ratio account and Free Cash Flow Yield. At this time, the significance of the direction appears to have pay attention.
The correlation between Fomento Economico's Ptb Ratio and Free Cash Flow Yield is -0.87. Overlapping area represents the amount of variation of Ptb Ratio that can explain the historical movement of Free Cash Flow Yield 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 Ptb Ratio and Free Cash Flow Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Ptb Ratio of Fomento Economico Mexicano are associated (or correlated) with its Free Cash Flow Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow Yield has no effect on the direction of Ptb Ratio i.e., Fomento Economico's Ptb Ratio and Free Cash Flow Yield go up and down completely randomly.

Correlation Coefficient

-0.87
Relationship DirectionNegative 
Relationship StrengthSignificant

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Free Cash Flow Yield

A financial solvency ratio that compares the free cash flow per share a company is expected to earn against its market value per share, calculated as free cash flow per share divided by market price per share.
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 closely tied 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
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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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