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Mexican (IPC) REITS Industry Analysis

UpdatedMay 25, 2024
DataAggregated Company Financials
Companies6
  • 7D-1.9%
  • 3M-16.5%
  • 1Y-2.5%
  • YTD-12.6%

Last week, the REITS industry hasn't moved much but Fibra Plus is up 6.4% in that time. Furthermore, the industry has been flat for the past year as well. Looking forward, earnings are expected to remain mostly flat in the next few years.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 May 2024Mex$151.5bMex$35.8bMex$21.5b6.3x7x4.2x
Mon, 22 Apr 2024Mex$152.6bMex$35.2bMex$24.6b7.5x6.2x4.3x
Wed, 20 Mar 2024Mex$160.3bMex$35.1bMex$24.7b7.7x6.5x4.6x
Fri, 16 Feb 2024Mex$168.9bMex$35.2bMex$31.3b5.8x5.4x4.8x
Sun, 14 Jan 2024Mex$167.9bMex$35.1bMex$30.8b5.8x5.5x4.8x
Tue, 12 Dec 2023Mex$162.6bMex$35.1bMex$30.8b5.4x5.3x4.6x
Thu, 09 Nov 2023Mex$159.8bMex$35.1bMex$30.8b5.7x5.2x4.6x
Sat, 07 Oct 2023Mex$157.9bMex$34.4bMex$35.0b5.1x4.5x4.6x
Mon, 04 Sep 2023Mex$144.9bMex$33.9bMex$34.2b8.3x4.2x4.3x
Wed, 02 Aug 2023Mex$243.2bMex$32.9bMex$31.9b12.1x7.6x7.4x
Fri, 30 Jun 2023Mex$239.1bMex$32.0bMex$28.8b11.8x8.3x7.5x
Sun, 28 May 2023Mex$240.8bMex$32.0bMex$28.9b15.5x8.3x7.5x
Tue, 25 Apr 2023Mex$240.7bMex$31.5bMex$26.6b17.1x9x7.6x
Thu, 23 Mar 2023Mex$237.8bMex$30.7bMex$26.6b17.8x8.9x7.8x
Sat, 18 Feb 2023Mex$502.7bMex$60.2bMex$51.2b8.4x9.8x8.4x
Mon, 16 Jan 2023Mex$495.9bMex$59.7bMex$56.0b7.7x8.9x8.3x
Wed, 14 Dec 2022Mex$478.5bMex$59.7bMex$56.0b7.5x8.5x8x
Fri, 11 Nov 2022Mex$473.0bMex$1.0tMex$2.0t7.4x0.2x0.5x
Sun, 09 Oct 2022Mex$460.9bMex$57.7bMex$51.8b7.5x8.9x8x
Tue, 06 Sep 2022Mex$463.2bMex$57.7bMex$51.8b7.3x8.9x8x
Thu, 04 Aug 2022Mex$468.1bMex$57.4bMex$51.9b7.5x9x8.2x
Sat, 02 Jul 2022Mex$456.5bMex$54.7bMex$46.3b8.3x9.9x8.3x
Mon, 30 May 2022Mex$264.3bMex$48.8bMex$41.0b8.1x6.4x5.4x
Wed, 27 Apr 2022Mex$265.9bMex$48.5bMex$36.4b7.3x7.3x5.5x
Fri, 25 Mar 2022Mex$296.4bMex$47.8bMex$33.0b7.3x9x6.2x
Sun, 20 Feb 2022Mex$301.6bMex$48.0bMex$33.9b11.3x8.9x6.3x
Tue, 18 Jan 2022Mex$264.3bMex$48.2bMex$25.1b15.8x10.5x5.5x
Thu, 16 Dec 2021Mex$255.3bMex$48.2bMex$25.1b15.3x10.2x5.3x
Sat, 13 Nov 2021Mex$257.5bMex$48.2bMex$25.1b16x10.3x5.3x
Mon, 11 Oct 2021Mex$265.2bMex$47.2bMex$28.3b10.2x9.4x5.6x
Wed, 08 Sep 2021Mex$232.1bMex$47.2bMex$28.3b9.8x8.2x4.9x
Fri, 06 Aug 2021Mex$260.7bMex$48.7bMex$29.6b12.5x8.8x5.3x
Price to Earnings Ratio

8.4x


Total Market Cap: Mex$269.2bTotal Earnings: Mex$32.2bTotal Revenue: Mex$47.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican REITS Industry Price to Earnings3Y Average 7.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Mexican REITs 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 7.1x which is lower than its 3-year average PE of 7.9x.
  • The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 4.3x.
Past Earnings Growth
  • The earnings for companies in the REITs industry have declined 13% per year over the last three years,
  • Revenues have also declined 8.9% 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-3.40%
Real Estate-2.38%
REITS-1.86%
Office REITs0.38%
Residential REITs0%
Retail REITs0%
Healthcare REITs0%
Specialized REITs-0.24%
Hotel and Resort REITs-0.72%
Diversified REITs-1.86%
Industrial REITs-4.50%
Industry PE
  • Investors are most optimistic about the Hotel and Resort REITs industry which is trading above its 3-year average PE ratio of 5.3x.
    • 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 62% over the next 5 years.
  • In contrast, the Industrial REITs industry is expected to see its earnings decline by 58% 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
FPLUS 16 Fibra PlusMex$8.535.7%
+Mex$292.7m
45.8%PB0.5x
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Latest News

FNOVA 17

Mex$28.00

Fibra Nova

7D

-0.5%

1Y

-12.4%

FPLUS 16

Mex$8.53

Fibra Plus

7D

5.7%

1Y

45.8%

STORAGE 18

Mex$15.99

FIBRA Storage

7D

-4.7%

1Y

-6.5%

DANHOS 13

Mex$20.63

Fibra Danhos

7D

-0.6%

1Y

-9.5%

FUNO 11

Mex$24.67

Fibra UNO

7D

-2.8%

1Y

-0.2%