Is MEXICAN ECONOMIC DEVELOPMENT INC (FMX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| DJIM | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| MSCI | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| S&P | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
| FTSE | Excluded — Beverages - Brewers | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 40.6% | |
| Operating Margin | 10.2% | |
| Net Margin | 2.3% | |
| Return on Equity (ROE) | 8.9% | |
| Return on Assets (ROA) | 5.6% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $71.5B |
| Free Cash Flow | $24.2B |
| Total Debt | $256.3B |
| Debt-to-Equity | 78.2 |
| Current Ratio | 1.3 |
| Total Assets | $851.5B |
Price & Trading
| Last Close | $106.96 |
| 50-Day MA | $108.52 |
| 200-Day MA | $99.23 |
| Avg Volume | 406K |
| Beta | 0.2 |
|
52-Week Range
$83.08
| |
About MEXICAN ECONOMIC DEVELOPMENT INC (FMX)
Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide. It operates through Coca-Cola FEMSA, Proximity Americas Division, Proximity Europe Division, Health Division, Fuel Division, and Others segments. The company produces, markets, and distributes Coca-Cola trademark beverages in Mexico, Guatemala, Nicaragua, Costa Rica, Panama, Colombia, Venezuela, Brazil, Argentina, and Uruguay. It also operates small-box retail chain stores in Mexico, Colombia, Peru, Chile, Brazil, and the United States under the OXXO name; retail service stations for fuels, motor oils, lubricants, and car care products under the OXXO GAS name in Mexico; and drugstores in Chile, Colombia, Ecuador, and Mexico under the Cruz Verde, Fybeca, Sana Sana, YZA, La Moderna, and Farmacon names. In addition, the company provides transport logistics and maintenance services in Mexico, Brazil, and Colombia; processes electronic transactions for small and medium-sized businesses under the Spin name; and engages in the proximity discount grocery business under the Bara name. Further, it operates small-box retail and foodvenience chain stores in Switzerland, Germany, Austria, Luxembourg, and the Netherlands under the k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo, and ok. brands. Fomento Económico Mexicano, S.A.B. de C.V. was founded in 1890 and is headquartered in Monterrey, Mexico.
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Frequently Asked Questions
Is MEXICAN ECONOMIC DEVELOPMENT INC (FMX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MEXICAN ECONOMIC DEVELOPMENT INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MEXICAN ECONOMIC DEVELOPMENT INC's debt ratio?
MEXICAN ECONOMIC DEVELOPMENT INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are MEXICAN ECONOMIC DEVELOPMENT INC's key financial metrics?
MEXICAN ECONOMIC DEVELOPMENT INC has a market capitalization of $37.2B, trailing P/E ratio of 37.1. The company maintains a gross margin of 40.6% and a net margin of 2.3%. Return on equity stands at 8.9%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.