Has the Mexican Real Estate Sector valuation changed over the past few years?
|Tue, 30 Nov 2021||Mex$289.8b||Mex$58.4b||Mex$29.7b||14.8x|
|Thu, 28 Oct 2021||Mex$302.6b||Mex$57.7b||Mex$33.7b||7.8x|
|Sat, 25 Sep 2021||Mex$282.4b||Mex$57.1b||Mex$33.8b||6.2x|
|Mon, 23 Aug 2021||Mex$319.4b||Mex$59.7b||Mex$35.3b||13.4x|
|Sat, 10 Jul 2021||Mex$317.1b||Mex$59.7b||Mex$35.3b||11.6x|
|Fri, 02 Apr 2021||Mex$329.2b||Mex$58.0b||Mex$35.2b||9.7x|
|Mon, 04 Jan 2021||Mex$324.9b||Mex$58.7b||Mex$20.7b||23.2x|
|Thu, 08 Oct 2020||Mex$278.2b||Mex$55.9b||Mex$20.5b||14.2x|
|Wed, 01 Jul 2020||Mex$275.8b||Mex$59.0b||Mex$18.1b||13.3x|
|Sat, 04 Apr 2020||Mex$262.3b||Mex$61.3b||Mex$18.0b||12.3x|
|Tue, 07 Jan 2020||Mex$339.8b||Mex$60.7b||Mex$36.9b||16.3x|
|Mon, 30 Sep 2019||Mex$327.6b||Mex$60.3b||Mex$42.3b||10.6x|
|Thu, 04 Jul 2019||Mex$297.9b||Mex$56.9b||Mex$40.6b||13.5x|
|Sun, 07 Apr 2019||Mex$306.7b||Mex$56.3b||Mex$40.4b||11.3x|
|Wed, 09 Jan 2019||Mex$264.3b||Mex$54.7b||Mex$39.2b||8.8x|
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.2x. It appears they believe that earnings will grow in-line with historical growth rates.
Past Earnings Growth: The earnings for companies in the Real Estate industry have declined 2.0% per year over the last three years, while revenues for these companies have grown 3.9% per year. This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Which industries have driven the changes within the Mexican Real Estate sector?
Industry PE: Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 25.7x. However analysts are expecting annual earnings growth of 13%, which is lower than the prior year's growth of 99% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the REITS industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 12.5x.
Forecasted Growth: Analysts are most optimistic on the Real Estate industry, expecting annual earnings growth of 13% over the next 5 years. However this is lower than its past earnings growth rate of 99% per year. Meanwhile, the REITS industry is expected to see its earnings growth to stay flat over the next few years.
Which companies have driven the market over the last 7 days?
Grupo Gicsa. de
FIBRA Macquarie México
Fibra MtyP.I. de
Corporación Inmobiliaria Vesta. de