Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Mexican (IPC) Real Estate Sector Analysis

UpdatedApr 02, 2026
DataAggregated Company Financials
Companies20
  • 7D4.3%
  • 3M6.6%
  • 1Y17.9%
  • YTD6.8%

Over the last 7 days, the Real Estate industry has risen 4.3%, driven by gains from Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo of 15%. This takes the industry's 12 month performance to a gain of 18%. Earnings are forecast to grow by 6.3% annually.

Sector Valuation and Performance

Has the Mexican Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 03 Apr 2026Mex$592.2bMex$100.8bMex$59.7b8.8x9.9x5.9x
Sun, 01 Mar 2026Mex$594.8bMex$101.1bMex$61.0b8.1x9.7x5.9x
Tue, 27 Jan 2026Mex$599.0bMex$106.5bMex$57.7b9x10.4x5.6x
Thu, 25 Dec 2025Mex$586.2bMex$106.5bMex$57.8b8.8x10.1x5.5x
Sat, 22 Nov 2025Mex$576.6bMex$106.7bMex$57.8b8.8x10x5.4x
Mon, 20 Oct 2025Mex$564.4bMex$104.9bMex$65.2b7x8.7x5.4x
Wed, 17 Sep 2025Mex$571.7bMex$104.9bMex$65.2b7.1x8.8x5.5x
Fri, 15 Aug 2025Mex$555.5bMex$105.3bMex$65.9b7.1x8.4x5.3x
Sun, 13 Jul 2025Mex$553.4bMex$100.8bMex$71.1b7.6x7.8x5.5x
Tue, 10 Jun 2025Mex$566.2bMex$99.3bMex$68.3b8.2x8.3x5.7x
Thu, 08 May 2025Mex$556.6bMex$99.0bMex$69.0b7.2x8.1x5.6x
Sat, 05 Apr 2025Mex$480.4bMex$93.2bMex$76.3b7.3x6.3x5.2x
Mon, 03 Mar 2025Mex$528.7bMex$90.2bMex$77.5b7.7x6.8x5.9x
Wed, 29 Jan 2025Mex$525.3bMex$83.4bMex$73.2b7.7x7.2x6.3x
Fri, 27 Dec 2024Mex$505.0bMex$81.8bMex$71.9b7.2x7x6.2x
Sun, 24 Nov 2024Mex$511.2bMex$81.8bMex$72.0b7.3x7.1x6.2x
Tue, 22 Oct 2024Mex$514.8bMex$79.1bMex$72.5b7.1x7.1x6.5x
Thu, 19 Sep 2024Mex$506.8bMex$78.6bMex$71.9b7.2x7.1x6.4x
Sat, 17 Aug 2024Mex$528.4bMex$78.4bMex$71.6b6.7x7.4x6.7x
Mon, 15 Jul 2024Mex$515.6bMex$77.9bMex$69.4b5.5x7.4x6.6x
Wed, 12 Jun 2024Mex$512.0bMex$78.1bMex$69.7b5.6x7.3x6.6x
Fri, 10 May 2024Mex$527.5bMex$77.6bMex$68.5b5.9x7.7x6.8x
Sun, 07 Apr 2024Mex$537.9bMex$75.6bMex$61.7b6.5x8.7x7.1x
Tue, 05 Mar 2024Mex$541.7bMex$78.5bMex$63.7b7.2x8.5x6.9x
Thu, 01 Feb 2024Mex$636.5bMex$87.3bMex$71.5b9.5x8.9x7.3x
Sat, 30 Dec 2023Mex$655.2bMex$87.2bMex$68.7b9.5x9.5x7.5x
Mon, 27 Nov 2023Mex$620.8bMex$87.2bMex$68.7b8.8x9x7.1x
Wed, 25 Oct 2023Mex$599.8bMex$86.1bMex$69.2b8.8x8.7x7x
Fri, 22 Sep 2023Mex$600.6bMex$85.0bMex$61.6b10.8x9.7x7.1x
Sun, 20 Aug 2023Mex$601.6bMex$77.1bMex$57.4b11.1x10.5x7.8x
Tue, 18 Jul 2023Mex$591.7bMex$75.9bMex$55.1b12.7x10.7x7.8x
Thu, 15 Jun 2023Mex$577.5bMex$75.8bMex$55.4b12.2x10.4x7.6x
Sat, 13 May 2023Mex$567.4bMex$75.0bMex$52.6b13.3x10.8x7.6x
Mon, 10 Apr 2023Mex$576.1bMex$73.1bMex$58.1b10.3x9.9x7.9x
Price to Earnings Ratio

9.9x


Total Market Cap: Mex$576.1bTotal Earnings: Mex$58.1bTotal Revenue: Mex$73.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Mexican Real Estate Sector Price to Earnings3Y Average 8.6x202420252026
Current Industry PE
  • Investors are optimistic on the Mexican Real Estate industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 9.9x which is higher than its 3-year average PE of 8.6x.
  • The industry is trading close to its 3-year average PS ratio of 6.4x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 11% 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 and as a result, profits have held steady.

Industry Trends

Which industries have driven the changes within the Mexican Real Estate sector?

MX Market3.24%
Real Estate4.29%
Specialized REITs10.50%
Retail REITs5.70%
Real Estate4.11%
REITS3.63%
Industrial REITs2.53%
Office REITs0%0
Hotel and Resort REITs-0.40%
Industry PE
  • Investors are most optimistic about the Specialized REITs industry even though it's trading below its 3-year average PE ratio of 23.7x.
    • 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 Industrial REITs industry, expecting annual earnings growth of 19% over the next 5 years.
  • This is better than its past earnings decline of 61% per year.
  • In contrast, the Retail REITs industry is expected to see its earnings decline by 26% 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
EDUCA 18 Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX GrupoMex$56.0014.9%
+Mex$8.9b		n/aPB2x
FUNO 11 Fibra UNOMex$29.505.3%
+Mex$5.7b		21.4%PB0.6x
FIBRAPL 14 FIBRA PrologisMex$78.532.0%
+Mex$2.6b		17.3%PB1x
VESTA * Corporación Inmobiliaria Vesta. deMex$61.134.9%
+Mex$2.3b		22.3%PE11.4x
FMTY 14 Fibra MtyP.I. deMex$15.225.1%
+Mex$1.8b		24.4%PB1.2x

Latest News

FIBRAPL 14
Mex$78.53
FIBRA Prologis
7D
2.0%
1Y
17.3%
VESTA *
Mex$61.13
Corporación Inmobiliaria Vesta. de
7D
4.9%
1Y
22.3%

VESTA *: 2026 Rental Revenue Guidance Will Support Long Term Lease Outlook

Analysts have trimmed their MX$ fair value estimate for Corporación Inmobiliaria Vesta, de. by about MX$0.20 to MX$68.47, as slightly higher discount rate assumptions and a modestly lower forward P/E input offset steady revenue growth and profit margin expectations.
FIHO 12
Mex$7.96
FibraHotel
7D
-0.9%
1Y
-20.0%
FIBRAMQ 12
Mex$41.52
FIBRA Macquarie México
7D
3.2%
1Y
33.5%

FIBRAMQ 12: Higher Future P E And Weaker Margins Will Pressure Returns

Analysts have trimmed their MX$ price target on FIBRA Macquarie México, reflecting updated assumptions that include a lower discount rate, a much lower projected profit margin at 68.19% compared with the prior 95.04%, a higher expected future P/E of 11.39 versus 6.75, and a shift from previously positive to slightly negative revenue growth expectations. What's in the News FIBRA Macquarie México agreed to acquire a 124 hectare land parcel along Tijuana's Boulevard 2000 submarket for US$113.8 million, excluding transaction costs and taxes (Key Developments).
FUNO 11
Mex$29.50
Fibra UNO
7D
5.3%
1Y
21.4%

FUNO 11: Lower Discount Rate And Dividend Schedule Will Support Repricing

Analysts have lifted the Fibra UNO price target to MX$40.00 from MX$38.00, reflecting updated assumptions that include a lower discount rate, slightly adjusted revenue growth and margin expectations, and a higher future P/E multiple, broadly consistent with recent REIT and leisure sector research where higher investment visibility and portfolio reshaping have supported valuation tweaks. Analyst Commentary Recent sector research around income oriented and leisure exposed real estate highlights how corporate actions and portfolio reshaping can influence valuation frameworks.
FNOVA 17
Mex$37.23
Fibra Nova
7D
2.7%
1Y
43.2%
EDUCA 18
Mex$56.00
Fideicomiso Irrevocable No. F/3277 en Banco Invex S. A. Institución de Banca Múltiple INVEX Grupo
7D
14.9%
1Y
n/a
FPLUS 16
Mex$5.30
Fibra Plus
7D
-4.2%
1Y
-14.1%
FMTY 14
Mex$15.22
Fibra MtyP.I. de
7D
5.1%
1Y
24.4%
FEXI 21
Mex$20.23
México Infrastructure Partners F1P.I. de
7D
2.0%
1Y
2.5%