(KOF) Coca-Cola Femsa SAB de CV - Overview
Stock: Soft Drinks, Water, Juice, Beer, Energy Drink
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.34% |
| Yield on Cost 5y | 10.90% |
| Yield CAGR 5y | 11.28% |
| Payout Consistency | 88.1% |
| Payout Ratio | 66.2% |
| Risk 5d forecast | |
|---|---|
| Volatility | 24.4% |
| Relative Tail Risk | -1.43% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.30 |
| Alpha | 30.55 |
| Character TTM | |
|---|---|
| Beta | 0.257 |
| Beta Downside | 0.006 |
| Drawdowns 3y | |
|---|---|
| Max DD | 24.48% |
| CAGR/Max DD | 0.73 |
Description: KOF Coca-Cola Femsa SAB de CV December 19, 2025
Coca-Cola FEMSA (KOF) is the largest independent Coca-Cola bottler in the world, operating across nine Latin-American countries (Mexico, Central America, Brazil, Argentina, Uruguay, etc.). It manufactures, markets and distributes a broad portfolio that includes carbonated soft drinks, water, tea, sports and energy drinks, juices, coffee, dairy-alternatives, as well as third-party brands such as Heineken beer, Campari spirits, Perfetti confectionery and Monster energy.
Key operating metrics (2023): net sales of roughly $13.5 billion, an adjusted EBITDA margin near 16 % and a free-cash-flow conversion of about 70 % of EBITDA. The company’s growth is driven by a shift toward higher-margin non-carbonated beverages (which now represent ~30 % of sales) and by price-pass-through mechanisms that offset inflationary pressures in its primary markets.
Macro drivers include Mexico’s GDP growth (averaging ~2 % YoY), rising disposable income in Brazil and Argentina, and the broader soft-drink sector’s transition toward healthier, low-sugar formats-trends that underpin volume resilience and allow KOF to leverage its extensive distribution network.
For a deeper, data-driven analysis of KOF’s valuation and risk profile, the ValueRay platform provides a granular view of the metrics discussed.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 17.74b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.00 > 0.02 and ΔFCF/TA -6.75 > 1.0 |
| NWC/Revenue: 3.10% < 20% (prev 0.19%; Δ 2.91% < -1%) |
| CFO/TA 0.08 > 3% & CFO 24.81b > Net Income 17.74b |
| Net Debt (45.62b) to EBITDA (30.70b): 1.49 < 3 |
| Current Ratio: 1.10 > 1.5 & < 3 |
| Outstanding Shares: last quarter (210.1m) vs 12m ago 0.0% < -2% |
| Gross Margin: 45.99% > 18% (prev 0.46%; Δ 4554 % > 0.5%) |
| Asset Turnover: 132.3% > 50% (prev 1697 %; Δ -1565 % > 0%) |
| Interest Coverage Ratio: 5.66 > 6 (EBITDA TTM 30.70b / Interest Expense TTM 4.18b) |
Altman Z'' 2.82
| A: 0.02 (Total Current Assets 77.13b - Total Current Liabilities 70.34b) / Total Assets 315.27b |
| B: 0.34 (Retained Earnings 108.27b / Total Assets 315.27b) |
| C: 0.14 (EBIT TTM 23.62b / Avg Total Assets 165.49b) |
| D: 0.57 (Book Value of Equity 95.06b / Total Liabilities 166.52b) |
| Altman-Z'' Score: 2.82 = A |
Beneish M 1.00
| DSRI: 30.85 (Receivables 28.32b/1.12b, Revenue 218.99b/266.57b) |
| GMI: 0.99 (GM 45.99% / 45.73%) |
| AQI: 0.95 (AQ_t 0.41 / AQ_t-1 0.43) |
| SGI: 0.82 (Revenue 218.99b / 266.57b) |
| TATA: -0.02 (NI 17.74b - CFO 24.81b) / TA 315.27b) |
| Beneish M-Score: 21.35 (Cap -4..+1) = D |
What is the price of KOF shares?
Over the past week, the price has changed by -0.54%, over one month by +10.94%, over three months by +23.10% and over the past year by +42.21%.
Is KOF a buy, sell or hold?
- StrongBuy: 6
- Buy: 6
- Hold: 1
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the KOF price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 103.8 | -1.4% |
| Analysts Target Price | 103.8 | -1.4% |
| ValueRay Target Price | 125.7 | 19.5% |
KOF Fundamental Data Overview January 29, 2026
P/E Trailing = 42.0853
P/E Forward = 123.4568
P/S = 0.0787
P/B = 2.8017
P/EG = 35.2069
Revenue TTM = 218.99b MXN
EBIT TTM = 23.62b MXN
EBITDA TTM = 30.70b MXN
Long Term Debt = 74.02b MXN (from longTermDebt, last quarter)
Short Term Debt = 4.49b MXN (from shortTermDebt, last quarter)
Debt = 80.52b MXN (from shortLongTermDebtTotal, last quarter)
Net Debt = 45.62b MXN (from netDebt column, last quarter)
Enterprise Value = 450.68b MXN (398.05b + Debt 80.52b - CCE 27.88b)
Interest Coverage Ratio = 5.66 (Ebit TTM 23.62b / Interest Expense TTM 4.18b)
EV/FCF = -1000.0x (Enterprise Value 450.68b / FCF TTM -23.8m)
FCF Yield = -0.01% (FCF TTM -23.8m / Enterprise Value 450.68b)
FCF Margin = -0.01% (FCF TTM -23.8m / Revenue TTM 218.99b)
Net Margin = 8.10% (Net Income TTM 17.74b / Revenue TTM 218.99b)
Gross Margin = 45.99% ((Revenue TTM 218.99b - Cost of Revenue TTM 118.27b) / Revenue TTM)
Gross Margin QoQ = 45.06% (prev 45.31%)
Tobins Q-Ratio = 1.43 (Enterprise Value 450.68b / Total Assets 315.27b)
Interest Expense / Debt = 0.00% (Interest Expense 1942 / Debt 80.52b)
Taxrate = 30.54% (2698 / 8835 )
NOPAT = 16.41b (EBIT 23.62b * (1 - 30.54%))
Current Ratio = 1.10 (Total Current Assets 77.13b / Total Current Liabilities 70.34b)
Debt / Equity = 0.57 (Debt 80.52b / totalStockholderEquity, last quarter 141.93b)
Debt / EBITDA = 1.49 (Net Debt 45.62b / EBITDA 30.70b)
Debt / FCF = -1919 (out of range, set to none) (Net Debt 45.62b / FCF TTM -23.8m)
Total Stockholder Equity = 107.28b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.72% (Net Income 17.74b / Total Assets 315.27b)
RoE = 16.53% (Net Income TTM 17.74b / Total Stockholder Equity 107.28b)
RoCE = 13.03% (EBIT 23.62b / Capital Employed (Equity 107.28b + L.T.Debt 74.02b))
RoIC = 7.44% (NOPAT 16.41b / Invested Capital 220.53b)
WACC = 5.71% (E(398.05b)/V(478.57b) * Re(6.86%) + D(80.52b)/V(478.57b) * Rd(0.00%) * (1-Tc(0.31)))
Discount Rate = 6.86% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -81.65 | Cagr: -0.00%
Fair Price DCF = unknown (Cash Flow -23.8m)
EPS Correlation: 53.57 | EPS CAGR: 3.70% | SUE: -1.95 | # QB: 0
Revenue Correlation: -18.67 | Revenue CAGR: -97.28% | SUE: -0.04 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.36 | Chg30d=-0.020 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=6.96 | Chg30d=-0.018 | Revisions Net=-1 | Growth EPS=+15.1% | Growth Revenue=+5.7%