Ambev S.A. (ABEV) vs Fomento Economico MexicanoB. de C.V. (FMX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Ambev S.A. (ABEV) has outperformed Fomento Economico MexicanoB. de C.V. (FMX) over the past year, gaining 48.4% versus a gain of 25.3%. Over five years, FMX leads with a +41.7% price change compared with +14.3% for ABEV. Ambev S.A. is the larger company by market cap ($49.18 billion vs $40.62 billion), about 1.2 times the size.
On valuation, Ambev S.A. trades at a lower forward P/E (14.8x vs 23.0x for Fomento Economico MexicanoB. de C.V.). Ambev S.A. pays a dividend yielding 22.88%, while Fomento Economico MexicanoB. de C.V. does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ABEV | FMX |
|---|---|---|
| Share price | $3.19 | $119.24 |
| Market cap | $49.18B | $40.62B |
| 1-day change | 0.00% | +0.43% |
| YTD return | +29.15% | +17.98% |
| 1-year return | +48.37% | +25.28% |
| 5-year return | +14.34% | +41.68% |
| P/E ratio (TTM) | 16.79 | 8.47 |
| Forward P/E | 14.84 | 23.00 |
| EPS (TTM) | $0.19 | $14.08 |
| Dividend yield | 22.88% | 4.95% |
| Annual dividend | $0.73 | $0.00 |
| Revenue (latest FY) | — | $37.48B |
| Revenue growth (YoY) | — | -9.87% |
| Net income (latest FY) | — | $1.93B |
| Gross margin | — | 41.14% |
| Net margin | — | 5.15% |
| 52-week high | $3.45 | $141.47 |
| 52-week low | $2.10 | $90.87 |
| Distance from 52-week high | -7.54% | -15.71% |
| Analyst consensus | hold | buy |
| Avg. price target upside | +5.02% | +12.50% |
| Average volume | 27.59M | 443.40K |
| Shares outstanding | 15.42B | 340.68M |
| Employees | 39,000 | 381,480 |
| Sector | Consumer Defensive | Consumer Staples |
| Industry | Beverages - Brewers | Beverages (Production/Distribution) |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- ABEV has outperformed FMX by 23.1 percentage points over the past year.
- Ambev S.A. trades at a higher earnings multiple (16.8x vs 8.5x trailing P/E).
- Ambev S.A. offers a meaningfully higher dividend yield (22.88% vs 4.95%).
- The two companies sit in different sectors: Ambev S.A. in Consumer Defensive and Fomento Economico MexicanoB. de C.V. in Consumer Staples.
About Ambev S.A.
ABEV stock →Ambev S.A., through its subsidiaries, engages in the production, distribution, and sale of beer, draft beer, soft drinks, malt and food, and other beverages in Brazil, Central America and Caribbean, Latin America South, and Canada. The company offers beer, ready-to-drink cocktails and spritzers, soft drinks, water, teas, and isotonic drinks under the Brahma, Skol, Antarctica, Original, Quilmes, Andes Origen, Patricia, Paceha, Huari, Pilsen, Presidente, Balboa, Guaraná Antarctica, and Beats brands.
Consumer Defensive · Beverages - Brewers · 39,000 employees
About Fomento Economico MexicanoB. de C.V.
FMX stock →Fomento Económico Mexicano, S.A.B. de C.V., through its subsidiaries, operates as a franchise bottler of Coca-Cola trademark beverages worldwide.
Consumer Staples · Beverages (Production/Distribution) · 381,480 employees
ABEV vs FMX FAQ
Which is bigger, Ambev S.A. or Fomento Economico MexicanoB. de C.V.?
Ambev S.A. (ABEV) is larger, with a market capitalization of $49.18B compared with $40.62B for Fomento Economico MexicanoB. de C.V. (FMX).
Which stock has performed better over the past year, ABEV or FMX?
ABEV returned +48.37% over the past 12 months, compared with +25.28% for FMX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ABEV or FMX?
FMX has the lower trailing P/E at 8.5, versus 16.8 for ABEV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ambev S.A. or Fomento Economico MexicanoB. de C.V.?
Ambev S.A. has the higher yield at 22.88%, compared with 4.95% for Fomento Economico MexicanoB. de C.V..
Are Ambev S.A. and Fomento Economico MexicanoB. de C.V. in the same industry?
No. Ambev S.A. is in the Consumer Defensive sector, while Fomento Economico MexicanoB. de C.V. is in Consumer Staples.