Narrative Update • May 22

Over the last 7 days, the Diversified REITs industry has remained flat. The past year has been better, since the industry has gained 20% in that time. As for the next few years, earnings are forecast to decline by 14% per annum.
Has the Mexican Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 24 May 2026 | Mex$185.3b | Mex$41.7b | Mex$33.0b | 8.3x | 5.6x | 4.4x |
| Tue, 21 Apr 2026 | Mex$197.4b | Mex$41.2b | Mex$33.2b | 8.7x | 5.9x | 4.8x |
| Thu, 19 Mar 2026 | Mex$171.7b | Mex$41.2b | Mex$33.2b | 7.9x | 5.2x | 4.2x |
| Sat, 14 Feb 2026 | Mex$180.6b | Mex$41.1b | Mex$24.1b | 7.7x | 7.5x | 4.4x |
| Mon, 12 Jan 2026 | Mex$176.1b | Mex$41.1b | Mex$24.1b | 7.1x | 7.3x | 4.3x |
| Wed, 10 Dec 2025 | Mex$174.1b | Mex$41.1b | Mex$24.1b | 7x | 7.2x | 4.2x |
| Fri, 07 Nov 2025 | Mex$180.4b | Mex$41.1b | Mex$24.1b | 7.3x | 7.5x | 4.4x |
| Sun, 05 Oct 2025 | Mex$171.0b | Mex$40.4b | Mex$18.8b | 6.1x | 9.1x | 4.2x |
| Tue, 02 Sep 2025 | Mex$162.4b | Mex$40.4b | Mex$18.8b | 5.7x | 8.6x | 4x |
| Thu, 31 Jul 2025 | Mex$168.6b | Mex$41.1b | Mex$19.1b | 8.1x | 8.8x | 4.1x |
| Sat, 28 Jun 2025 | Mex$165.9b | Mex$40.1b | Mex$16.8b | 8.2x | 9.9x | 4.1x |
| Mon, 26 May 2025 | Mex$159.4b | Mex$40.0b | Mex$17.0b | 7.2x | 9.4x | 4x |
| Wed, 23 Apr 2025 | Mex$153.3b | Mex$38.9b | Mex$18.2b | 7.4x | 8.4x | 3.9x |
| Fri, 21 Mar 2025 | Mex$151.1b | Mex$38.5b | Mex$18.5b | 7.1x | 8.2x | 3.9x |
| Sun, 16 Feb 2025 | Mex$145.5b | Mex$36.6b | Mex$19.2b | 7.1x | 7.6x | 4x |
| Tue, 14 Jan 2025 | Mex$132.3b | Mex$36.6b | Mex$18.7b | 7.3x | 7.1x | 3.6x |
| Thu, 12 Dec 2024 | Mex$140.2b | Mex$36.6b | Mex$18.7b | 7.4x | 7.5x | 3.8x |
| Sat, 09 Nov 2024 | Mex$145.8b | Mex$36.5b | Mex$18.8b | 7.6x | 7.8x | 4x |
| Mon, 07 Oct 2024 | Mex$149.0b | Mex$35.6b | Mex$19.3b | 7.9x | 7.7x | 4.2x |
| Wed, 04 Sep 2024 | Mex$142.8b | Mex$35.6b | Mex$19.3b | 7.8x | 7.4x | 4x |
| Fri, 02 Aug 2024 | Mex$145.8b | Mex$35.6b | Mex$19.2b | 8x | 7.6x | 4.1x |
| Sun, 30 Jun 2024 | Mex$139.4b | Mex$35.8b | Mex$21.5b | 6x | 6.5x | 3.9x |
| Tue, 28 May 2024 | Mex$149.9b | Mex$35.8b | Mex$21.5b | 6.3x | 7x | 4.2x |
| Thu, 25 Apr 2024 | Mex$152.8b | Mex$35.3b | Mex$24.5b | 7.6x | 6.2x | 4.3x |
| Sat, 23 Mar 2024 | Mex$160.9b | Mex$35.1b | Mex$24.7b | 7.6x | 6.5x | 4.6x |
| Mon, 19 Feb 2024 | Mex$166.8b | Mex$35.2b | Mex$31.1b | 5.8x | 5.4x | 4.7x |
| Wed, 17 Jan 2024 | Mex$166.8b | Mex$35.1b | Mex$30.8b | 5.8x | 5.4x | 4.8x |
| Fri, 15 Dec 2023 | Mex$164.0b | Mex$35.1b | Mex$30.8b | 5.6x | 5.3x | 4.7x |
| Sun, 12 Nov 2023 | Mex$161.0b | Mex$35.1b | Mex$30.8b | 5.7x | 5.2x | 4.6x |
| Tue, 10 Oct 2023 | Mex$159.2b | Mex$34.4b | Mex$35.0b | 5.1x | 4.5x | 4.6x |
| Thu, 07 Sep 2023 | Mex$143.2b | Mex$33.9b | Mex$34.2b | 8.3x | 4.2x | 4.2x |
| Sat, 05 Aug 2023 | Mex$147.5b | Mex$32.9b | Mex$31.9b | 11.9x | 4.6x | 4.5x |
| Mon, 03 Jul 2023 | Mex$146.8b | Mex$32.0b | Mex$28.8b | 11.7x | 5.1x | 4.6x |
| Wed, 31 May 2023 | Mex$145.9b | Mex$32.0b | Mex$28.9b | 15.5x | 5x | 4.6x |
5x
How does Mexican Diversified REITs compare with similar industries?
| MX Market | 0.27% | |
| Real Estate | -0.29% | |
| REITS | -0.90% | |
| Diversified REITs | -0.90% | |
| Retail REITs | 6.33% | |
| Industrial REITs | 0.56% | |
| Office REITs | 0% | 0 |
| Specialized REITs | -1.83% | |
| Hotel and Resort REITs | -2.79% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FNOVA 17 Fibra Nova | Mex$43.72 | 2.0% +Mex$516.6m | 66.9% | PB1.5x | |
| FIBRAHD 15 Fideicomiso Irrevocable No. F/1523 | Mex$2.40 | 0.4% +Mex$4.4m | 8.1% | PB0.2x |