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Mexican (IPC) REITS Industry Analysis
UpdatedJan 18, 2025
DataAggregated Company Financials
Companies6
- 7D1.2%
- 3M-7.2%
- 1Y-21.2%
- YTD-2.5%
In the last week, REITS has been flat. Unfortunately though, the industry is down 21% over the past 12 months. As for the next few years, earnings are expected to grow by 1.3% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 18 Jan 2025 | Mex$134.2b | Mex$36.6b | Mex$18.7b | 7.3x | 7.2x | 3.7x |
| Mon, 16 Dec 2024 | Mex$140.3b | Mex$36.6b | Mex$18.7b | 7.4x | 7.5x | 3.8x |
| Wed, 13 Nov 2024 | Mex$144.0b | Mex$36.6b | Mex$18.7b | 7.4x | 7.7x | 3.9x |
| Fri, 11 Oct 2024 | Mex$143.6b | Mex$35.6b | Mex$19.3b | 7.7x | 7.5x | 4x |
| Sun, 08 Sep 2024 | Mex$140.8b | Mex$35.6b | Mex$19.3b | 7.8x | 7.3x | 4x |
| Tue, 06 Aug 2024 | Mex$143.4b | Mex$35.6b | Mex$19.3b | 7.8x | 7.4x | 4x |
| Thu, 04 Jul 2024 | Mex$138.6b | Mex$35.8b | Mex$21.5b | 6.1x | 6.4x | 3.9x |
| Sat, 01 Jun 2024 | Mex$149.6b | Mex$35.8b | Mex$21.5b | 6.3x | 7x | 4.2x |
| Mon, 29 Apr 2024 | Mex$151.3b | Mex$35.7b | Mex$20.6b | 7.6x | 7.3x | 4.2x |
| Wed, 27 Mar 2024 | Mex$159.9b | Mex$35.1b | Mex$24.7b | 7.7x | 6.5x | 4.6x |
| Fri, 23 Feb 2024 | Mex$172.9b | Mex$35.2b | Mex$31.1b | 5.8x | 5.6x | 4.9x |
| Sun, 21 Jan 2024 | Mex$164.5b | Mex$35.1b | Mex$30.8b | 5.8x | 5.3x | 4.7x |
| Tue, 19 Dec 2023 | Mex$166.1b | Mex$35.1b | Mex$30.8b | 5.6x | 5.4x | 4.7x |
| Thu, 16 Nov 2023 | Mex$161.6b | Mex$35.1b | Mex$30.8b | 5.7x | 5.2x | 4.6x |
| Sat, 14 Oct 2023 | Mex$162.2b | Mex$34.4b | Mex$35.0b | 5.1x | 4.6x | 4.7x |
| Mon, 11 Sep 2023 | Mex$160.0b | Mex$33.9b | Mex$34.2b | 8.3x | 4.7x | 4.7x |
| Wed, 09 Aug 2023 | Mex$243.0b | Mex$32.9b | Mex$31.9b | 12x | 7.6x | 7.4x |
| Fri, 07 Jul 2023 | Mex$241.3b | Mex$32.0b | Mex$28.8b | 11.8x | 8.4x | 7.5x |
| Sun, 04 Jun 2023 | Mex$243.2b | Mex$32.0b | Mex$28.9b | 15.5x | 8.4x | 7.6x |
| Tue, 02 May 2023 | Mex$241.4b | Mex$31.5b | Mex$26.6b | 15.9x | 9.1x | 7.7x |
| Thu, 30 Mar 2023 | Mex$241.6b | Mex$30.7b | Mex$26.6b | 17.9x | 9.1x | 7.9x |
| Sat, 25 Feb 2023 | Mex$503.8b | Mex$60.8b | Mex$51.0b | 8.3x | 9.9x | 8.3x |
| Mon, 23 Jan 2023 | Mex$492.9b | Mex$59.7b | Mex$56.0b | 7.6x | 8.8x | 8.3x |
| Wed, 21 Dec 2022 | Mex$477.4b | Mex$59.7b | Mex$56.0b | 7.6x | 8.5x | 8x |
| Fri, 18 Nov 2022 | Mex$469.7b | Mex$59.4b | Mex$55.9b | 7.3x | 8.4x | 7.9x |
| Sun, 16 Oct 2022 | Mex$458.6b | Mex$57.7b | Mex$51.8b | 7.5x | 8.9x | 7.9x |
| Tue, 13 Sep 2022 | Mex$466.1b | Mex$57.7b | Mex$51.8b | 7.5x | 9x | 8.1x |
| Thu, 11 Aug 2022 | Mex$471.2b | Mex$57.7b | Mex$51.8b | 7.5x | 9.1x | 8.2x |
| Sat, 09 Jul 2022 | Mex$464.1b | Mex$55.5b | Mex$46.9b | 8.1x | 9.9x | 8.4x |
| Mon, 06 Jun 2022 | Mex$353.8b | Mex$48.8b | Mex$41.0b | 7.9x | 8.6x | 7.3x |
| Wed, 04 May 2022 | Mex$263.7b | Mex$49.1b | Mex$36.4b | 7.8x | 7.2x | 5.4x |
| Fri, 01 Apr 2022 | Mex$268.6b | Mex$47.8b | Mex$33.0b | 7.3x | 8.1x | 5.6x |
| Sun, 27 Feb 2022 | Mex$294.2b | Mex$46.8b | Mex$29.2b | 10.2x | 10.1x | 6.3x |
| Tue, 25 Jan 2022 | Mex$268.1b | Mex$48.3b | Mex$27.2b | 14.9x | 9.9x | 5.6x |
Price to Earnings Ratio
9.9x
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 7.5x.
- The 3-year average PS ratio of 5.8x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 12% 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 | 0.009% | |
| Real Estate | 0.60% | |
| REITS | 1.18% | |
| Retail REITs | 1.70% | |
| Diversified REITs | 1.18% | |
| Industrial REITs | 0.64% | |
| Office REITs | 0% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Specialized REITs | -0.19% | |
| Hotel and Resort REITs | -5.79% | |
Industry PE
- Investors are most optimistic about the Hotel and Resort REITs industry which is trading above its 3-year average PE ratio of 12.1x.
- 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 2.7x.
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 45% 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 | |
|---|---|---|---|---|---|
| FUNO 11 Fibra UNO | Mex$20.54 | 1.9% +Mex$1.4b | -29.2% | PB0.4x | |
| DANHOS 13 Fibra Danhos | Mex$19.99 | 1.2% +Mex$363.9m | -4.7% | PB0.5x |