Femsa Ventures is the venture capital arm of Fomento Económico Mexicano, S.A.B. de C.V. (FEMSA), which is a leading company that participates in the beverage industry through Coca-Cola FEMSA, the largest franchise bottler of Coca-Cola products in the world by volume; and in the beer industry, through its ownership of the second largest equity stake in Heineken, one of the world's leading brewers with operations in over 70 countries. Additionally, FEMSA participates in the retail industry through FEMSA Comercio, which operates various small-format store chains across Latin America, and also has a presence in the logistics and distribution industry. Femsa Ventures focuses on investing in high-impact startups with innovative business models that can scale and potentially collaborate with FEMSA's core businesses.

Femsa Ventures

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

John Molson

Molson Coors Beverage Company

FEMSA Ventures is a Venture Capital fund backed by FEMSA and dedicated to building collaboration bridges between FEMSA’s business platform and entrepreneurial ecosystem. 

FEMSA Ventures aims to improve and transform people’s lives through innovative ideas and world-class entrepreneurs. As a strategic partner, its years of experience in the beverage, retail and logistics industries in Latin America and the US offer a unique value for companies to drive growth. 
 
Founded in 2018, FEMSA Ventures’ portfolio includes companies operating in a variety of industries such as conversational commerce, logistics, e-commerce, retail and fintech.

FEMSA Ventures

Algramo, a portfolio company, has brought their unique dispenser technology into one of Asia's most promising markets: Jakarta. 

Consumers are becoming more conscious of the environmental impact of their purchases. Algramo is at the forefront of meeting this growing demand for sustainable solutions by partnering with a variety of CPGs including Nestlé. #sustainable #environmental #technology

Our portfolio company, CoreZero, has reached a significant accomplishment by partnering up with Red BAMX to generate the world's first carbon credits based on food rescue. We're excited to partner with such innovative founders as they dedicate themselves to scaling up sustainability initiatives. 

Congratulations to Jean Pierre Azañedo, Ignacio Bordigoni, and CoreZero's team on this remarkable achievement. #sustainability #climatetech

Metric
Company Name	Femsa Ventures	Molson Coors Beverage Company
Symbol		TAP
MSH ID	COM:FEMSAVENTURES	COM:MOLSONCOORS
Market	PRIVATE	STOCKS
Sector	Financial Services & Finance	Consumer Defensive
Industry	Venture Capital & Private Equity	Beverages - Alcoholic
Country	MX	US
Stage
Employee Count	7	16.50K
Website	femsaventures.com	molsoncoors.com
LinkedIn	femsaventures	molson-coors
Founders

Metric
Market Cap		10.72B
Enterprise Value
Monthly Web Traffic		402.35K
Web Traffic Growth		0.36
Valuation
Raised Capital

Metric
Revenue		11.70B
Revenue (LTM)
Revenue (NTM)
Gross Profit		4.37B
EBITDA		2.33B
Operating Income		1.44B
Net Income		948.90M
EPS		4.39
Diluted EPS		4.37
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.39
Operating Profit Margin		0.14
EBITDA Margin		0.20
Net Profit Margin		0.10
Return on Equity		0.09
Return on Assets		0.04
Return on Capital Employed		0.07

COM:FEMSAVENTURES

Femsa Ventures

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		51.92
P/B Ratio		1.00
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		1.23
EV Multiple		5.18

Metric
Days Sales Outstanding		34.17
Days Payables Outstanding		168.38
Days Inventory Outstanding		43.01
Operating Cycle		79.05
Cash Conversion Cycle		75.46
Asset Turnover		0.46

Metric
Operating Cash Flow		2.08B
Free Cash Flow		1.41B
Cash Flow to Debt		0.34
Operating Cash Flow/Sales		0.18
Free Cash Flow Yield		0.10

Metric
Cash & Equivalents		868.90M
Accounts Receivable		-700K
Inventory		802.30M
Goodwill		5.33B
Debt to Capitalization		0.35
Debt to Assets		0.23
Current Ratio		0.73
Quick Ratio		0.75

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.00
R&D to Revenue
SG&A to Revenue