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TickerFMX
SectorBeverages - Alcoholic
Mkt cap$859.1B
EV / EBITDA11.2×
PostureQuiet Issuer
Composite39/100
LensBuyer-side
SE-Cluster Research·Issuer Brief·Q2 2026CIK 1061736

Mexican Economic Development, Inc.

FMXQUIET ISSUERQUIET

Mexican Economic Development, Inc. reads as an Quiet Issuer (composite 39/100); Selective Buyer deploying $21M across 0 disclosed transactions, newly disclosed vs the prior cycle · primary market Consumer Products.

Lens

Disclosed M&A capital (2023–2025)

$21M

new

vs N/A in 2020–2022

Disclosed transactions

N/A

flat

2/3 active fiscal years in window

Buyer archetype

Selective Buyer

Acquisition use is visible but targeted.

Composite score

39

/100

Quiet Issuer dominates · Quiet

Financial snapshot
Revenue$657.7B
EBITDA$56.4B
Enterprise value$1T
EV / Revenue1.2×
EV / EBITDA11.2×
P/EN/A
CashN/A
Total debtN/A
as of 2026-05-10
§ I·SE-Cluster Issuer Brief

Behavioral posture, nine reads.

Each index scores the issuer 0–100 against an EDGAR-anchored definition. Scores ≥ threshold elevate the issuer into the index's constituent set; the dominant index drives the masthead label.

Active Acquirer

39/100

Companies actively deploying disclosed capital into M&A

  • $4B disclosed buyer spend

Buyer Cadence

0/100

Buyer-side companies with recent filing activity

  • Filed within 46d

Target Probability

20/100

Issuers showing target-side patterns from filings

  • 10 activism filings

Spin/Carve

0/100

Issuers showing spin-off, carve-out, or sum-of-parts posture

  • 10 activism filings

Pressure Watch

5/100

Issuers facing activism, governance, or control pressure

  • 10 activism filings
  • Latest activism 15y ago; heavily discounted

Distress Watch

30/100

Issuers showing financial-distress filing patterns

  • Missing recent 10-Q
  • 10 activism filings

Restatement Risk

0/100

Issuers with accounting-integrity flags from filings

Capital Velocity

30/100

Issuers with the highest filing-activity intensity

Quiet Power

0/100

Large issuers with low signal volume and clean disclosure cadence

  • Enterprise value $1T
  • 2 active signals
§ II·SE-Cluster Issuer Brief

Capital cadence.

Ten-year disclosed M&A activity. Bars show spend ($MM); ticks show recorded transaction count. Disclosure tier annotated where v6 audited corpus carries an entry.

16
17
18
19
20
21
22
23
24
25

Disclosed spend $MM Disclosed transactions (right axis)Peak spend year: $19M · Peak count: 1

FYDisclosed buysDisclosed spendAvg ticketAudited tier
2025N/A$19MN/AN/A
2024N/AN/AN/AN/A
2023N/A$3MN/AN/A
2022N/AN/AN/AN/A
2021N/AN/AN/AN/A
2020N/AN/AN/AN/A
§ III·SE-Cluster Issuer Brief

Strategy posture.

The buyer's playbook in terms of strategic archetype: what each disclosed move says about how they're deploying capital.

Archetype mix

  • Geographic Expansion
    25%
  • Horizontal Consolidation
    25%
  • Bolt On
    25%
  • Platform
    25%

Strategy keywords

Terms recurring across recent 10-K acquisition disclosures.

  • geographic_expansion
  • horizontal_consolidation
  • bolt_on
  • platform
§ IV·SE-Cluster Issuer Brief

Filing language.

Direct excerpts from acquisition disclosures and strategy sections: the verbs the buyer chose, in the filings they signed.

The consolidation process, expected to take place as large companies and international competitors enter the market may occur rapidly and materially alter the market dynamics in Mexico.

10-KFY2017

For the Fuel Division, the opening of the Mexican fuel distribution market is expected to alter the competitive dynamics of the industry.

10-KFY2017

This underlying principle guided our consolidation efforts, which culminated in Coca-Cola FEMSA’s acquisition of Panamco on May 6, 2003.

10-KFY2005

We believe that the competencies that our businesses have developed can be replicated in other geographic regions.

10-KFY2005

The opening of the Mexican fuel distribution market is expected to alter the competitive dynamics of the industry. The Mexican fuel distribution and retail market is expected to enter into a consolidation process as large companies and international competitors enter the market or gain market share at the expense of small, independently owned and operated service stations. Consolidation may occur rapidly and materially alter the market dynamics in Mexico which may affect our ability to take advantage of existing opportunities. Such changes could adversely affect FEMSA Comercio – Fuel Division’s business, financial condition, and results of operations and prospects. We cannot assure you that any further market consolidation will not be detrimental to FEMSA Comercio – Fuel Division’s market position or competitiveness or will not materially and adversely affect its business, financial condition, results of operations and prospects.

10-KFY2016
§ V·SE-Cluster Issuer Brief

Market context.

Where this issuer sits inside its SE-Cluster rollup wedge, with disclosed-spend rank plus trading comparables against the public peer set.

Primary market

Consumer Products

Market spend (2023–2025)
$145.2B
Market spend (2020–2022)
$102.1B
Recent vs prior
+42%
Issuer rank in market
N/A
Share of market capital
0.0%

Valuation positioning

11.2×EV / EBITDA

FMX trades at a -1.0-turn discount to the Consumer Products peer median of 12.2×.

EV / Revenue
1.2×
Net debt / EBITDA
N/A
Peer median EV / EBITDA
12.2×

Trading comparables

FMP market data · 2026-05-10

CompanyEV / EBITDAEV / RevNet debt / EBITDARevenueM&A 2023–2025
15.7×2.3×2.0×$164.7B$24.6B
Mexican Economic Development, Inc.FMX
11.2×1.2×N/A$657.7B$21M
8.7×1.3×-0.1×$10B$5.5B

Trading multiples from FMP market data; disclosed M&A spend from the SE-Cluster EDGAR 10-K corpus. Peer set = top disclosed buyers in Consumer Products. Bars scaled to the highest EV/EBITDA in the set.

§ VI·SE-Cluster Issuer Brief

Target landscape.

Public-issuer targets that fit this buyer's archetype and target categories from filing-derived signal. Scores reflect cross-signal fit; reasons cite the EDGAR-anchored facts that drove the match.

No qualifying public-issuer targets surfaced from the current signal mix.

Stated target categories

No target categories enumerated in the audited corpus for this issuer.

§ VII·SE-Cluster Issuer Brief

Filing activity & signal stream.

Filing cadence and event-driven signals visible on EDGAR. The signal stream below is curated from restatement / spin-carve / activism categories, providing context for any near-term call.

Filing cadence

  • 10-K (annual)252026-04-24
  • 10-Q (quarterly)0N/A
  • 8-K (event)0N/A
  • Proxy / DEF 14A0N/A
  • Activism (13D / DFAN / PREC)102011-03-28

Signals on file

  • elevated

    Activism on file

    2011-03-28

    10 activist filings on file (13D, DFAN14A, PREC14A series).

  • info

    Signal

    Serial acquisition history

  • info

    Signal

    10-K strategy themes

§ VIII·SE-Cluster Issuer Brief

Audited corpus.

No audited record on file for this CIK in the current v6 corpus.

This issuer has not been extracted into the v6 audited acquirer corpus yet. The brief above pulls from ranking-level aggregates and issuer-index signal only.