| FMX Stock | | | USD 87.52 1.87 2.09% |
This module uses fundamental data of Fomento Economico to approximate its Piotroski F score. Fomento Economico F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Fomento Economico Mexicano. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Fomento Economico financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Check out
Fomento Economico Altman Z Score,
Fomento Economico Correlation,
Fomento Economico Valuation, as well as analyze
Fomento Economico Alpha and Beta and
Fomento Economico Hype Analysis.
At this time, Fomento Economico's
Debt Ratio is fairly stable compared to the past year.
Cash Flow To Debt Ratio is likely to rise to 0.55 in 2024, whereas
Net Debt is likely to drop slightly above 39.1
B in 2024. At this time, Fomento Economico's
POCF Ratio is fairly stable compared to the past year.
Interest Coverage is likely to rise to 5.29 in 2024, whereas
Price To Sales Ratio is likely to drop 1.76 in 2024.
At this time, it appears that Fomento Economico's Piotroski F Score is Healthy. Although some professional money managers and academia have recently criticized
Piotroski F-Score model, we still consider it an effective method of
predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
5.0
Piotroski F Score - Healthy
| Change in Return on Assets | |
| Cash Flow Return on Assets | |
| Current Quality of Earnings (accrual) | |
| Long Term Debt Over Assets Change | Higher Leverage| Focus | |
| Change In Outstending Shares | |
Fomento Economico Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Fomento Economico is to make sure Fomento is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Fomento Economico's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Fomento Economico's financial numbers are properly reported.
Fomento Economico F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical
financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Fomento Economico's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Fomento Economico in a much-optimized way.
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About Fomento Economico Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled
Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.
Fomento Economico Current Valuation Drivers
We derive many important indicators used in calculating different scores of Fomento Economico from analyzing Fomento Economico's financial statements. These drivers represent accounts that assess Fomento Economico's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Fomento Economico's important valuation drivers and their relationship over time.
Fomento Economico ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Fomento Economico's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Fomento Economico's managers, analysts, and investors.
About Fomento Economico Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Fomento Economico Mexicano's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Fomento Economico using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at
the intrinsic value of Fomento Economico Mexicano based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing
financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our
fundamental analysis page.
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Additional 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.