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Mexican (IPC) REITS Industry Analysis
UpdatedDec 18, 2024
DataAggregated Company Financials
Companies6
- 7D-1.6%
- 3M-4.0%
- 1Y-19.3%
- YTD-21.3%
Over the last 7 days, the REITS industry has dropped 1.6%, driven by Fibra UNO declining 1.5%. The industry has fallen 19% in the last year. Earnings are forecast to grow by 1.3% annually.
Industry Valuation and Performance
Has the Mexican REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 18 Dec 2024 | Mex$139.8b | Mex$36.6b | Mex$18.7b | 7.4x | 7.5x | 3.8x |
| Fri, 15 Nov 2024 | Mex$141.4b | Mex$36.6b | Mex$18.7b | 7.4x | 7.5x | 3.9x |
| Sun, 13 Oct 2024 | Mex$142.8b | Mex$35.6b | Mex$19.3b | 7.6x | 7.4x | 4x |
| Tue, 10 Sep 2024 | Mex$142.5b | Mex$35.6b | Mex$19.3b | 7.8x | 7.4x | 4x |
| Thu, 08 Aug 2024 | Mex$144.5b | Mex$35.6b | Mex$19.3b | 7.9x | 7.5x | 4.1x |
| Sat, 06 Jul 2024 | Mex$140.1b | Mex$35.8b | Mex$21.5b | 6x | 6.5x | 3.9x |
| Mon, 03 Jun 2024 | Mex$149.0b | Mex$35.8b | Mex$21.5b | 6.3x | 6.9x | 4.2x |
| Wed, 01 May 2024 | Mex$151.1b | Mex$35.7b | Mex$20.6b | 7.6x | 7.3x | 4.2x |
| Fri, 29 Mar 2024 | Mex$157.3b | Mex$35.1b | Mex$24.7b | 7.7x | 6.4x | 4.5x |
| Sun, 25 Feb 2024 | Mex$175.6b | Mex$35.2b | Mex$31.1b | 5.8x | 5.6x | 5x |
| Tue, 23 Jan 2024 | Mex$163.5b | Mex$35.1b | Mex$30.8b | 5.8x | 5.3x | 4.7x |
| Thu, 21 Dec 2023 | Mex$166.0b | Mex$35.1b | Mex$30.8b | 5.6x | 5.4x | 4.7x |
| Sat, 18 Nov 2023 | Mex$159.1b | Mex$35.1b | Mex$30.8b | 5.5x | 5.2x | 4.5x |
| Mon, 16 Oct 2023 | Mex$161.2b | Mex$34.4b | Mex$35.0b | 5.1x | 4.6x | 4.7x |
| Wed, 13 Sep 2023 | Mex$160.4b | Mex$33.9b | Mex$34.2b | 8.3x | 4.7x | 4.7x |
| Fri, 11 Aug 2023 | Mex$243.8b | Mex$32.9b | Mex$31.9b | 11.5x | 7.6x | 7.4x |
| Sun, 09 Jul 2023 | Mex$242.4b | Mex$32.0b | Mex$28.8b | 12.1x | 8.4x | 7.6x |
| Tue, 06 Jun 2023 | Mex$243.2b | Mex$32.0b | Mex$28.9b | 12.4x | 8.4x | 7.6x |
| Thu, 04 May 2023 | Mex$240.3b | Mex$31.5b | Mex$26.6b | 15.6x | 9x | 7.6x |
| Sat, 01 Apr 2023 | Mex$242.8b | Mex$30.7b | Mex$26.6b | 17.8x | 9.1x | 7.9x |
| Mon, 27 Feb 2023 | Mex$503.8b | Mex$60.7b | Mex$47.8b | 8.3x | 10.5x | 8.3x |
| Wed, 25 Jan 2023 | Mex$493.5b | Mex$59.7b | Mex$56.0b | 7.6x | 8.8x | 8.3x |
| Fri, 23 Dec 2022 | Mex$477.2b | Mex$59.7b | Mex$56.0b | 7.5x | 8.5x | 8x |
| Sun, 20 Nov 2022 | Mex$470.6b | Mex$59.4b | Mex$55.9b | 7.3x | 8.4x | 7.9x |
| Tue, 18 Oct 2022 | Mex$458.6b | Mex$57.7b | Mex$51.8b | 7.5x | 8.9x | 7.9x |
| Thu, 15 Sep 2022 | Mex$464.5b | Mex$57.7b | Mex$51.8b | 7.6x | 9x | 8x |
| Sat, 13 Aug 2022 | Mex$471.0b | Mex$57.7b | Mex$51.8b | 7.4x | 9.1x | 8.2x |
| Mon, 11 Jul 2022 | Mex$464.1b | Mex$55.5b | Mex$46.9b | 8.1x | 9.9x | 8.4x |
| Wed, 08 Jun 2022 | Mex$354.2b | Mex$48.8b | Mex$41.0b | 7.9x | 8.6x | 7.3x |
| Fri, 06 May 2022 | Mex$265.7b | Mex$49.2b | Mex$36.3b | 7.3x | 7.3x | 5.4x |
| Sun, 03 Apr 2022 | Mex$271.8b | Mex$47.8b | Mex$33.0b | 7.3x | 8.2x | 5.7x |
| Tue, 01 Mar 2022 | Mex$296.4b | Mex$47.6b | Mex$30.2b | 10x | 9.8x | 6.2x |
| Thu, 27 Jan 2022 | Mex$256.4b | Mex$48.3b | Mex$27.2b | 14.8x | 9.4x | 5.3x |
| Sat, 25 Dec 2021 | Mex$262.8b | Mex$48.2b | Mex$25.1b | 15.9x | 10.5x | 5.4x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are relatively neutral on the Mexican REITs industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 7.6x.
- The 3-year average PS ratio of 5.9x is higher than the industry's current PS ratio of 3.8x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 9.3% per year over the last three years,
- Revenues have also declined 8.8% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Mexican Real Estate industry?
| MX Market | -1.10% | |
| Real Estate | 0.054% | |
| REITS | -1.62% | |
| Hotel and Resort REITs | 1.32% | |
| Industrial REITs | 0.65% | |
| Specialized REITs | 0.025% | |
| Office REITs | 0% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -1.27% | |
| Diversified REITs | -1.62% | |
Industry PE
- Investors are most optimistic about the Hotel and Resort REITs industry which is trading above its 3-year average PE ratio of 11.2x.
- Analysts are expecting annual earnings growth of 29.3%, which is higher than its past year's earnings decline of 62.9% per year.
- Investors are most pessimistic about the Retail REITs industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 2.5x.
Forecasted Growth
- Analysts are most optimistic on the Hotel and Resort REITs industry, expecting annual earnings growth of 29% over the next 5 years.
- This is better than its past earnings decline of 63% per year.
- In contrast, the Industrial REITs industry is expected to see its earnings decline by 48% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FNOVA 17 Fibra Nova | Mex$23.64 | 0.2% +Mex$29.7m | -12.9% | PB0.8x | |
| STORAGE 18 FIBRA Storage | Mex$17.90 | 0.2% +Mex$7.8m | 3.8% | PB0.7x |