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Mexican (IPC) Real Estate Sector Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies19
  • 7D2.0%
  • 3M6.9%
  • 1Y11.0%
  • YTD0.7%

The Real Estate industry is up 2.0% in the last week, with Fibra UNO up 7.2%. This takes the industry's 12 month performance to a gain of 9.1%. As for the next few years, earnings are forecast to decline by 27% per annum.

Sector Valuation and Performance

Has the Mexican Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024Mex$548.9bMex$78.5bMex$69.3b6.7x7.9x7x
Mon, 22 Jan 2024Mex$641.0bMex$87.2bMex$71.5b9.5x9x7.3x
Wed, 20 Dec 2023Mex$648.0bMex$87.2bMex$68.7b9.4x9.4x7.4x
Fri, 17 Nov 2023Mex$616.6bMex$87.2bMex$68.8b8.6x9x7.1x
Sun, 15 Oct 2023Mex$597.5bMex$85.6bMex$62.7b10.2x9.5x7x
Tue, 12 Sep 2023Mex$607.3bMex$85.0bMex$61.6b10.7x9.9x7.1x
Thu, 10 Aug 2023Mex$598.9bMex$77.1bMex$57.4b10.9x10.4x7.8x
Sat, 08 Jul 2023Mex$597.3bMex$76.1bMex$55.3b12.4x10.8x7.8x
Mon, 05 Jun 2023Mex$574.3bMex$75.9bMex$55.7b12.4x10.3x7.6x
Wed, 03 May 2023Mex$575.2bMex$74.4bMex$53.6b13.8x10.7x7.7x
Fri, 31 Mar 2023Mex$583.3bMex$73.1bMex$62.8b10.3x9.3x8x
Sun, 26 Feb 2023Mex$576.2bMex$72.8bMex$56.1b9x10.3x7.9x
Tue, 24 Jan 2023Mex$566.3bMex$71.7bMex$60.5b9x9.4x7.9x
Thu, 22 Dec 2022Mex$545.9bMex$71.8bMex$60.6b9.2x9x7.6x
Sat, 19 Nov 2022Mex$535.8bMex$71.5bMex$60.6b8.4x8.8x7.5x
Mon, 17 Oct 2022Mex$517.2bMex$69.6bMex$55.8b8.7x9.3x7.4x
Wed, 14 Sep 2022Mex$525.5bMex$69.6bMex$55.7b8.9x9.4x7.6x
Fri, 12 Aug 2022Mex$529.7bMex$69.6bMex$55.8b8.8x9.5x7.6x
Sun, 10 Jul 2022Mex$524.5bMex$67.2bMex$53.0b8.2x9.9x7.8x
Tue, 07 Jun 2022Mex$411.4bMex$60.3bMex$46.9b8.1x8.8x6.8x
Thu, 05 May 2022Mex$324.3bMex$60.6bMex$41.9b7.8x7.7x5.4x
Sat, 02 Apr 2022Mex$326.3bMex$57.4bMex$37.3b7.6x8.7x5.7x
Mon, 28 Feb 2022Mex$358.7bMex$58.0bMex$34.1b16.6x10.5x6.2x
Wed, 26 Jan 2022Mex$321.4bMex$59.3bMex$31.5b14.9x10.2x5.4x
Fri, 24 Dec 2021Mex$311.8bMex$58.2bMex$29.5b15.9x10.6x5.4x
Sun, 21 Nov 2021Mex$296.0bMex$58.3bMex$29.5b15.2x10x5.1x
Tue, 19 Oct 2021Mex$311.3bMex$57.1bMex$33.8b6.2x9.2x5.5x
Thu, 16 Sep 2021Mex$283.9bMex$57.0bMex$33.7b6.4x8.4x5x
Sat, 14 Aug 2021Mex$319.5bMex$59.7bMex$35.3b13.4x9x5.4x
Wed, 09 Jun 2021Mex$328.7bMex$58.0bMex$35.2b11x9.4x5.7x
Tue, 02 Mar 2021Mex$326.5bMex$58.7bMex$20.7b22.3x15.8x5.6x
Price to Earnings Ratio

15.8x


Total Market Cap: Mex$326.5bTotal Earnings: Mex$20.7bTotal Revenue: Mex$58.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Real Estate Sector Price to Earnings3Y Average 9.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Mexican Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 7.9x which is lower than its 3-year average PE of 9.5x.
  • The industry is trading close to its 3-year average PS ratio of 6.6x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 49% per year over the last three years.
  • Revenues for these companies have grown 10% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Mexican Real Estate sector?

MX Market0.052%
Real Estate1.99%
REITS5.30%
Retail REITs3.23%
Industrial REITs1.91%
Office REITs0.41%
Specialized REITs0.22%
Residential REITs0%
Health Care REITs0%
Hotel and Resort REITs-0.69%
Real Estate-2.30%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry even though it's trading below its 3-year average PE ratio of 28.3x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Office REITs industry, expecting annual earnings growth of 60% over the next 5 years.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 47% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
FUNO 11 Fibra UNOMex$32.447.4%
+Mex$8.5b
24.2%PB0.7x
FIBRAPL 14 FIBRA PrologisMex$74.362.9%
+Mex$2.4b
13.6%PB1.2x
TERRA 13 FIBRA TerrafinaMex$41.582.6%
+Mex$818.8m
22.2%PB0.9x
FPLUS 16 Fibra PlusMex$6.904.7%
+Mex$197.2m
-6.1%PB0.4x
FEXI 21 MÉXICO INFRASTRUCTURE PARTNERS F1P.I. DEMex$19.700.8%
+Mex$186.6m
0.7%n/a
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Latest News

VESTA *

Mex$59.96

Corporación Inmobiliaria Vesta. de

7D

-3.1%

1Y

13.3%

FIBRAMQ 12

Mex$35.42

FIBRA Macquarie México

7D

0.3%

1Y

12.8%

FIBRAPL 14

Mex$74.36

FIBRA Prologis

7D

2.9%

1Y

13.6%

TERRA 13

Mex$41.58

FIBRA Terrafina

7D

2.6%

1Y

22.2%

FSHOP 13

Mex$6.40

Fibra Shop

7D

3.2%

1Y

11.1%

DINE B

Mex$28.88

DINE. de

7D

-0.4%

1Y

23.4%

FUNO 11

Mex$32.44

Fibra UNO

7D

7.4%

1Y

24.2%

FPLUS 16

Mex$6.90

Fibra Plus

7D

4.7%

1Y

-6.1%

FINN 13

Mex$5.70

Fideicomiso Irrevocable db/1616

7D

-1.9%

1Y

-13.6%