Mexican (IPC) Diversified REITs Industry Analysis
UpdatedApr 16, 2024
DataAggregated Company Financials
Companies6
- 7D-4.3%
- 3M-5.1%
- 1Y0.07%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 3.3%, driven by Fibra UNO declining 4.1%. On the other hand Fibra Plus is actually up 9.9%. As for the longer term, the industry's performance has been flat for the past year. In the next few years, earnings are forecast to decline by 11% annually.
Industry Valuation and Performance
Has the Mexican Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 16 Apr 2024 | Mex$155.1b | Mex$35.1b | Mex$24.6b | 7.6x | 6.3x | 4.4x |
| Thu, 14 Mar 2024 | Mex$165.2b | Mex$35.1b | Mex$24.7b | 7.7x | 6.7x | 4.7x |
| Sat, 10 Feb 2024 | Mex$166.8b | Mex$35.1b | Mex$30.8b | 5.8x | 5.4x | 4.8x |
| Mon, 08 Jan 2024 | Mex$168.3b | Mex$35.1b | Mex$30.8b | 5.8x | 5.5x | 4.8x |
| Wed, 06 Dec 2023 | Mex$157.8b | Mex$35.1b | Mex$30.8b | 5.5x | 5.1x | 4.5x |
| Fri, 03 Nov 2023 | Mex$157.7b | Mex$35.1b | Mex$30.8b | 4.9x | 5.1x | 4.5x |
| Sun, 01 Oct 2023 | Mex$158.9b | Mex$33.9b | Mex$34.2b | 8x | 4.6x | 4.7x |
| Tue, 29 Aug 2023 | Mex$134.8b | Mex$32.9b | Mex$31.9b | 11.6x | 4.2x | 4.1x |
| Thu, 27 Jul 2023 | Mex$148.3b | Mex$32.2b | Mex$28.8b | 12.3x | 5.1x | 4.6x |
| Sat, 24 Jun 2023 | Mex$146.9b | Mex$32.0b | Mex$28.8b | 12x | 5.1x | 4.6x |
| Mon, 22 May 2023 | Mex$139.8b | Mex$32.0b | Mex$28.9b | 15x | 4.8x | 4.4x |
| Wed, 19 Apr 2023 | Mex$146.6b | Mex$31.3b | Mex$26.6b | 17.4x | 5.5x | 4.7x |
| Fri, 17 Mar 2023 | Mex$145.7b | Mex$30.7b | Mex$26.6b | 17.6x | 5.5x | 4.8x |
| Sun, 12 Feb 2023 | Mex$147.2b | Mex$30.5b | Mex$18.2b | 7.7x | 8.1x | 4.8x |
| Tue, 10 Jan 2023 | Mex$147.4b | Mex$30.5b | Mex$18.2b | 8.2x | 8.1x | 4.8x |
| Thu, 08 Dec 2022 | Mex$141.3b | Mex$30.5b | Mex$18.2b | 7.4x | 7.8x | 4.6x |
| Sat, 05 Nov 2022 | Mex$144.0b | Mex$30.6b | Mex$18.2b | 7.5x | 7.9x | 4.7x |
| Mon, 03 Oct 2022 | Mex$131.2b | Mex$29.6b | Mex$13.2b | 8.3x | 9.9x | 4.4x |
| Wed, 31 Aug 2022 | Mex$129.2b | Mex$29.6b | Mex$13.2b | 8.6x | 9.8x | 4.4x |
| Fri, 29 Jul 2022 | Mex$132.0b | Mex$28.9b | Mex$12.2b | 8.7x | 10.9x | 4.6x |
| Sun, 26 Jun 2022 | Mex$123.9b | Mex$28.6b | Mex$12.0b | 8.7x | 10.3x | 4.3x |
| Tue, 24 May 2022 | Mex$128.5b | Mex$28.6b | Mex$12.0b | 8.8x | 10.7x | 4.5x |
| Thu, 21 Apr 2022 | Mex$142.3b | Mex$28.2b | Mex$6.7b | 19x | 21.2x | 5x |
| Sat, 19 Mar 2022 | Mex$139.5b | Mex$27.8b | Mex$6.7b | 18.6x | 20.8x | 5x |
| Mon, 14 Feb 2022 | Mex$130.3b | Mex$29.1b | Mex$13.7b | 18x | 9.5x | 4.5x |
| Wed, 12 Jan 2022 | Mex$117.9b | Mex$29.1b | Mex$13.7b | 18.9x | 8.6x | 4.1x |
| Fri, 10 Dec 2021 | Mex$117.3b | Mex$29.1b | Mex$13.7b | 18.7x | 8.6x | 4x |
| Sun, 07 Nov 2021 | Mex$125.7b | Mex$29.0b | Mex$13.6b | 14.3x | 9.2x | 4.3x |
| Tue, 05 Oct 2021 | Mex$133.9b | Mex$28.4b | Mex$18.8b | 14.9x | 7.1x | 4.7x |
| Thu, 02 Sep 2021 | Mex$130.5b | Mex$28.4b | Mex$18.8b | 14.1x | 6.9x | 4.6x |
| Sat, 31 Jul 2021 | Mex$121.9b | Mex$28.4b | Mex$18.8b | 10.5x | 6.5x | 4.3x |
| Tue, 04 May 2021 | Mex$136.7b | Mex$27.8b | Mex$29.6b | 9.3x | 4.6x | 4.9x |
Price to Earnings Ratio
4.6x
Current Industry PE
- Investors are pessimistic on the Mexican Diversified 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 6.3x which is lower than its 3-year average PE of 7.9x.
- The industry is trading close to its 3-year average PS ratio of 4.6x.
Past Earnings Growth
- The earnings for companies in the Diversified REITs industry have declined 6.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 8.0% 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 Comparison
How does Mexican Diversified REITs compare with similar industries?
| MX Market | -2.76% | |
| Real Estate | -4.08% | |
| REITS | -4.32% | |
| Diversified REITs | -4.32% | |
| Specialized REITs | 0.89% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Retail REITs | -1.28% | |
| Hotel and Resort REITs | -1.59% | |
| Office REITs | -2.69% | |
| Industrial REITs | -5.06% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FPLUS 16 Fibra Plus | Mex$8.88 | 9.8% +Mex$502.6m | 29.6% | PB0.5x | |
| STORAGE 18 FIBRA Storage | Mex$17.54 | 1.6% +Mex$74.7m | -0.6% | PB0.8x |