Miguel Silva - Fomento Economico Chief Financial and Strategic Development Officer
| FMX Stock | USD 122.96 1.28 1.03% |
Executive
Mr. Eduardo Padilla Silva serves as Chief Financial and Strategic Development Officer of Fomento Econmico Mexicano, S.A.B. de C.V. since January 1, 2016. He joined FEMSA in 1997 as FEMSAs Director of Strategic Planning and Corporationrationrate Control. In 2000 he was named Chief Executive Officer of FEMSA Strategic Businesseswhich include Packaging, Logistics and OXXO. Since 2004, he has focused as CEO of FEMSA Comercio. Before joining FEMSA, He served as CEO of Terza, a subsidiary of Grupo ALFA, from 1987 to 1996. He holds a Bachelors degree in Mechanical and Administrative Engineering from Instituto Tecnologico y de Estudios Superiores de Monterrey and a Masters degree in Administration from the Cornell University. since 2018.
| Age | 65 |
| Tenure | 6 years |
| Address | General Anaya Nº 601 Pte., Monterrey, NL, Mexico, 64410 |
| Phone | 52 818 328 6000 |
| Web | https://www.femsa.com |
Fomento Economico Management Efficiency
The company has Return on Asset of 0.0429 % which means that on every $100 spent on assets, it made $0.0429 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1241 %, implying that it generated $0.1241 on every 100 dollars invested. Fomento Economico's management efficiency ratios could be used to measure how well Fomento Economico manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Fomento Economico's Return On Capital Employed is fairly stable compared to the past year. Return On Equity is likely to rise to 0.23 in 2024, whereas Return On Tangible Assets are likely to drop 0.07 in 2024. At this time, Fomento Economico's Total Assets are fairly stable compared to the past year. Non Currrent Assets Other is likely to rise to about 205.8 B in 2024, whereas Non Current Assets Total are likely to drop slightly above 246.6 B in 2024.Similar Executives
| Showing other executives | EXECUTIVE Age | ||
| Jo Biesbroeck | Anheuser Busch Inbev | 58 | |
| Donna Cordner | Carlsberg AS | 61 | |
| Claudio Garcia | Anheuser Busch Inbev | 53 | |
| Juan Boned | Compania Cervecerias Unidas | 53 | |
| Lucas Herscovici | Anheuser Busch Inbev | 47 | |
| Gustavo Garcia | Ambev SA ADR | 47 | |
| Claudio Ferro | Anheuser Busch Inbev | 61 | |
| Fabio Kapitanovas | Ambev SA ADR | 36 | |
| David Kamenetzky | Anheuser Busch InBev SANV | 49 | |
| Sabine Chalmers | Anheuser Busch Inbev | 56 | |
| Felipe Dubernet | Compania Cervecerias Unidas | 54 | |
| Koichi Kitagawa | Suntory Beverage Food | N/A | |
| David Kamenetzky | Anheuser Busch Inbev | 49 | |
| Hendrik Scheffers | Heineken NV | 67 | |
| Alexandre Silveira | Ambev SA ADR | 37 | |
| Hachiro Naiki | Suntory Beverage Food | 58 | |
| Shigeaki Kazama | Suntory Beverage Food | N/A | |
| SoerenPeter Olesen | Carlsberg AS | 62 | |
| Lee Reichert | Molson Coors Brewing | 51 | |
| Annemiek Vlissingen | Heineken NV | 56 | |
| Miguel Patricio | Anheuser Busch Inbev | 52 | |
Management Performance
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0429 |
Fomento Economico Leadership Team
Elected by the shareholders, the Fomento Economico's board of directors comprises two types of representatives: Fomento Economico inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Fomento. The board's role is to monitor Fomento Economico's management team and ensure that shareholders' interests are well served. Fomento Economico's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Fomento Economico's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jose Rojas, Director | ||
| Jose Hernando, Independent Director | ||
| Daniel Cofre, Chief Executive Officer of FEMSA Comercio | ||
| Alfredo Cantu, Independent Director | ||
| Alfonso Migoya, Independent Director | ||
| Max Suberville, Director | ||
| Raymundo Vela, Senior Vice President of Human Resources | ||
| Barbara Gonda, Director | ||
| Barbara Laguera, Director | ||
| Carlos Cadena, Chief Division | ||
| Consuelo Garza, Director | ||
| Max Gonzalez, Director | ||
| Molses Naim, Director | ||
| Eugenio Garza, Director Officer | ||
| Alberto Gonzalez, Director | ||
| Bertha Gonzalez, Director | ||
| Moises Naim, Independent Director | ||
| Alberto Bailleres, Director | ||
| Maximino Gonzalez, Director | ||
| Constantino Montesinos, Chief Business | ||
| John Otazua, Chief Executive Officer of Coca Cola FEMSA SA | ||
| Miguel Silva, Chief Financial and Strategic Development Officer | ||
| Eva Fernandez, Director | ||
| Jose Carbajal, Executive Chairman of the Board of Directors | ||
| Ricardo Escajadillo, Independent Director | ||
| Paulina Gonda, Director | ||
| Eva Gonda, Director | ||
| Jose Ornelas, Vice President of Administration and Corporate Control | ||
| Daniel Cofr, Chief Officer | ||
| Carlos Lomelin, CEO, Director | ||
| Francisco Beltran, Chief Corporate Officer | ||
| Michael Larson, Independent Director | ||
| Roberto Cifrian, Senior Vice President - Corporate Affairs | ||
| Carlos Ancira, General Counsel and Secretary of the Board of Directors | ||
| Ian Garca, Chief CocaCola | ||
| Robert Denham, Independent Director | ||
| Mariana Gonda, Director | ||
| Francisco Carbajal, Director | ||
| Alfonso Noriega, Independent Director | ||
| Jose GarzaLaguera, Chief Division | ||
| Javier Sanjines, Director, Vice President Corporate Development | ||
| Francisco Beltrn, Chief Officer | ||
| Juan Fonseca, Invertors Relations Contact | ||
| Gerardo Attolini, Senior Vice President - Administration and Corporate Control | ||
| Victor Celorio, Independent Director | ||
| Alfonso Garza, Chief Executive Officer of Strategic Businesses of FEMSA, Director | ||
| Ricardo Touche, Independent Director | ||
| Hector Gutierrez, CFO of Coca-Cola FEMSA | ||
| Genaro Estrada, General Vice President of Corporate Affairs | ||
| Alejandro Ortiz, Secretary Directors | ||
| Paulina Marroquin, Director | ||
| Eduardo Silva, CEO of FEMSA Comercio | ||
| Armando Sada, Independent Director |
Fomento Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Fomento Economico a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.12 | ||||
| Return On Asset | 0.0429 | ||||
| Profit Margin | 0.09 % | ||||
| Operating Margin | 0.01 % | ||||
| Current Valuation | 223.21 B | ||||
| Shares Outstanding | 1.79 B | ||||
| Shares Owned By Institutions | 34.95 % | ||||
| Number Of Shares Shorted | 1.08 M | ||||
| Price To Earning | 22.52 X | ||||
| Price To Book | 9.65 X |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
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.
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Companies Directory Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA |
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 (0.56) | Dividend Share 4.397 | Earnings Share 1.16 | Revenue Per Share 2 K | Quarterly Revenue Growth 0.124 |
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.