Stock fact sheet · data as of
Coca-Cola FEMSA, S.A.B. de C.V. (KOF): fair value, margin of safety and Wheel Score
Consumer Defensive · Beverages - Non-Alcoholic · Mexico · ADR · Defensive
Is KOF undervalued?
Coca-Cola FEMSA, S.A.B. de C.V. (KOF) closed at 115.67 on 16 Oct 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 508.81, which puts the price 77% below it. 5 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 9 models disagree widely: GLS Growth gives 25.76 while 10 Cap gives 2,636.61. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
The nightly engine files KOF under Defensive: a low beta, a dividend and positive earnings.
Nine valuation models for KOF
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 80.38 | -31% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 131.95 | +14% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 147.83 | +28% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 49.13 | -58% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 25.76 | -78% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 2,636.61 | +2179% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 313.50 | +171% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 1,124.91 | +873% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 69.19 | -40% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -409.08 | -454% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 118.50 | +2% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - KOF passes 6 of the nine Piotroski tests, which passes the Sunday Scan's "6 or more" rule. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is 6.8 out of 10: a ten-year record that is consistent in some of the metrics the score tracks (revenue, earnings, margins, cash flow, returns on capital) and patchy in others.
Returns on capital are moderate - ROIC 10.4%, ROE 16.3%, ROA 7.6% - with debt at 0.57 times equity and a free-cash-flow yield of 191.0%.
The dividend yield is 3.61% at a payout ratio of 65%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold. Revenue comes mainly from Sale of products 100%, Other operating revenues 0%, Services rendered 0% (fiscal year FY2025).
Institutional ownership scores 1/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 10.4% |
|---|---|---|---|
| GLS Moat | 6.8 / 10 | ROE | 16.3% |
| Debt / equity | 0.57 | ROA | 7.6% |
| Free-cash-flow yield | 191.0% | Payout ratio | 65% |
| Institutions | 1 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 77: Good
KOF scores 77 out of 100 on the Wheel Score (Good band, 65-79). The score blends the margin of safety (Value, 25/25), Piotroski health (13/20), the GLS moat (10/15), the option premium on offer (14/20) and how easily the stock trades (15/20). Health (13/20) is the part holding the score back.
Implied volatility is 29% on the near-the-money contracts 20-60 days out: some premium, but under the 35-60% range the Wheel Score pays full marks for (14 of 20 points). Chain open interest is thin - 926 contracts across every expiry - so fills at a fair price are not guaranteed; a 30-45-day put may not exist at a usable strike.
Volume runs at 340k shares a day on a market cap of $24.3B, with a beta of 0.53 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 15 of 20.
| Part | Points | From | |
|---|---|---|---|
| Value | 25 / 25 | 77% margin of safety | |
| Health | 13 / 20 | Piotroski 6/9 | |
| Moat | 10 / 15 | moat 6.8/10 | |
| Premium | 14 / 20 | implied volatility 29% | |
| Stability | 15 / 20 | 340k shares/day, $24.3B cap, beta 0.53 |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.
Upcoming events
Coca-Cola FEMSA, S.A.B. de C.V. reports earnings on 23 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Beverages - Non-Alcoholic
The 12 companies below are the closest to Coca-Cola FEMSA, S.A.B. de C.V. by market cap within the Beverages - Non-Alcoholic industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| COKE Coca-Cola Consolidated, Inc. | 204.55 | 243.03 | +16% | 80Prime | $16.1B |
| FMX Fomento Económico Mexicano, S.A.B. de C.V. | 120.99 | 825.52 | +85% | 80Prime | $41.2B |
| KDP Keurig Dr Pepper Inc. | 34.18 | 21.80 | -57% | 58Fair | $46.5B |
| CCEP Coca-Cola Europacific Partners PLC | 109.77 | 80.31 | -37% | 61Fair | $48.7B |
| CELH Celsius Holdings, Inc. | 28.16 | 21.08 | -34% | 58Fair | $7.1B |
| PRMB Primo Brands Corporation | 18.78 | 14.56 | -29% | 59Fair | $6.8B |
| MNST Monster Beverage Corporation | 45.34 | 26.64 | -70% | 66Good | $88.8B |
| PEP PepsiCo, Inc. | 129.27 | 104.37 | -24% | 58Fair | $176.6B |
| COCO The Vita Coco Company, Inc. | 57.67 | 54.79 | -5% | 70Good | $3.3B |
| FIZZ National Beverage Corp. | 34.31 | 31.86 | -8% | 61Fair | $3.2B |
| KO The Coca-Cola Company | 92.00 | 47.08 | -95% | 59Fair | $395.8B |
| SUJA Suja Life, Inc. | 11.94 | 6.78 | -76% | 14No options | $284M |
⚖ Compare KOF with 7 of them All Consumer Defensive stocks →
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A free GLS Equity account gets you nightly fair value and the Wheel Score on ~7,400 US stocks, a watchlist, the scanner preview and the Sunday Scan - the same eight-rule screen, emailed every week. Pro adds the full put and call scanners, unlimited watchlists with alerts and the trade journal.
Start free See the Sunday ScanQuestions about KOF
Is KOF undervalued right now?
By the GLS models, yes: at 115.67 the stock is 77% below the average fair value of 508.81 (data as of 16 Oct 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of KOF and what does it mean?
KOF scores 77 out of 100 (Good). The Wheel Score blends the margin of safety (25 points), Piotroski health (20), the GLS moat (15), the option premium on offer (20) and trading stability (20) into one number that ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned. 80 and above is Prime, 65-79 Good, 50-64 Fair, under 50 Weak.
What is the GLS fair value for KOF?
508.81 per share as of 16 Oct 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Coca-Cola FEMSA, S.A.B. de C.V. report earnings next?
The next earnings report is due on 23 Oct 2026 (before the open), 7 days from the data date of 16 Oct 2026. The Calendars page lists every upcoming report with its time of day.
Does KOF have listed options, and how liquid are they?
Yes. The nightly snapshot found 218 listed contracts with 926 open interest across all expiries and implied volatility of 29% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.