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Mexican (IPC) REITS Industry Analysis

UpdatedNov 27, 2021
DataAggregated Company Financials
Companies12
  • 7D-2.3%
  • 3M-7.9%
  • 1Y-2.7%
  • YTD-10.1%

Over the last 7 days, the REITS industry has dropped 2.7%, driven by a decline by Fibra UNO of 3.6%. As for the longer term, the industry's performance has been flat for the past year.

Industry Valuation and Performance

Has the Mexican REITS Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Sat, 27 Nov 2021Mex$244.2bMex$48.2bMex$25.1b14.8x
Mon, 25 Oct 2021Mex$261.1bMex$47.6bMex$29.1b8.8x
Wed, 22 Sep 2021Mex$239.4bMex$47.2bMex$28.3b10.3x
Fri, 20 Aug 2021Mex$261.5bMex$48.7bMex$29.6b13.5x
Fri, 04 Jun 2021Mex$269.2bMex$47.3bMex$32.2b8.5x
Mon, 08 Mar 2021Mex$273.7bMex$48.0bMex$19.2b18.4x
Thu, 10 Dec 2020Mex$253.9bMex$46.6bMex$19.2b20.7x
Wed, 02 Sep 2020Mex$236.0bMex$47.6bMex$17.1b11x
Sat, 06 Jun 2020Mex$231.6bMex$49.0bMex$15.5b8.5x
Tue, 10 Mar 2020Mex$295.1bMex$48.5bMex$31.6b16.8x
Mon, 02 Dec 2019Mex$299.7bMex$46.8bMex$32.9b12.3x
Thu, 05 Sep 2019Mex$279.6bMex$45.5bMex$32.8b13.5x
Sun, 09 Jun 2019Mex$256.2bMex$44.4bMex$31.8b11.2x
Sat, 02 Mar 2019Mex$267.0bMex$43.4bMex$31.4b9.9x
Tue, 04 Dec 2018Mex$225.9bMex$41.8bMex$28.5b7.4x
PE Ratio

7.4x

Total Market Cap: Mex$225.9bTotal Earnings: Mex$28.5bTotal Revenue: Mex$41.8b0%0%0%3 Year10 Year
201920202021

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 12.5x. However, future earnings are expected to decline by 1.6% which could potentially cause the PE ratio to fall below its historical average.

Past Earnings Growth: The earnings for companies in the REITs industry have declined 4.1% per year over the last three years, while revenues for these companies have grown 4.9% 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.

Industry Trends

Which industries have driven the changes within the Mexican REITS industry?

Retail REITs1.69%
Office REITs-0.25%
Industrial REITs-1.27%
Diversified REITs-3.55%
Hotel and Resort REITs-4.08%

Industry PE: Investors are most optimistic about the Diversified REITs industry which is trading above its 3-year average PE ratio of 11.8x. However analysts are expecting annual earnings growth of 0.5%, which is lower than the prior year's growth of 21% per year. So the market might believe that analysts are underestimating future growth. Meanwhile, investors are most pessimistic about the Industrial REITs industry, which is trading below its 3-year average of 17.0x.

Forecasted Growth: Analysts are most optimistic on the Retail REITs industry, expecting annual earnings growth of 85% over the next 5 years. Meanwhile, the Industrial REITs industry is expected to see its earnings decline by 16% per year over the next few years.

Top Stock Gainers and Losers

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

Company7D1YValuation
FSHOP 13 Fibra Shop1.7%+Mex$49.8m-7.3%PB0.3x
Simply Wall St
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
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