Fibra MtyP.I. de Valuation

Q: What is the Fair Price of FMTY 14 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

FMTY 14 (MX$10.4) is trading below our estimate of [[fair value]] (MX$17.64)

Is FMTY 14 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FMTY 14 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: FMTY 14 (MX$10.4) is trading below our estimate of fair value (MX$17.64)

Significantly Below Fair Value: FMTY 14 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FMTY 14?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for FMTY 14. This is calculated by dividing FMTY 14's market cap by their current preferred multiple.
What is FMTY 14's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	Mex$25.24b

FMTY 14 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	12.1x
Enterprise Value/EBITDA	15.4x
PEG Ratio	-2.7x

Price to Earnings Ratio vs Peers

How does FMTY 14's PE Ratio compare to its peers?

The above table shows the PE ratio for FMTY 14 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	6.1x
FIBRAMQ 12 FIBRA Macquarie México	2.7x	-45.8%	Mex$24.7b
DANHOS 13 Fibra Danhos	9.3x	5.7%	Mex$31.5b
TERRA 13 FIBRA Terrafina	3.9x	-51.5%	Mex$30.0b
FNOVA 17 Fibra Nova	8.4x	n/a	Mex$11.4b
FMTY 14 Fibra MtyP.I. de	9.1x	-3.3%	Mex$25.2b

Price-To-Earnings vs Peers: FMTY 14 is expensive based on its Price-To-Earnings Ratio (9.1x) compared to the peer average (6.1x).

Price to Earnings Ratio vs Industry

How does FMTY 14's PE Ratio compare vs other companies in the Global Office REITs Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	27.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	27.2%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: FMTY 14 is good value based on its Price-To-Earnings Ratio (9.1x) compared to the Global Office REITs industry average (20.6x).

Price to Earnings Ratio vs Fair Ratio

What is FMTY 14's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FMTY 14 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.1x
Fair PE Ratio	5.8x

Price-To-Earnings vs Fair Ratio: FMTY 14 is expensive based on its Price-To-Earnings Ratio (9.1x) compared to the estimated Fair Price-To-Earnings Ratio (5.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FMTY 14 forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	Mex$10.40	Mex$14.20 +36.5%	9.2%	Mex$15.70	Mex$12.00	n/a	7
Aug ’25	Mex$9.91	Mex$14.20 +43.3%	9.2%	Mex$15.70	Mex$12.00	n/a	7
Jul ’25	Mex$9.86	Mex$14.73 +49.4%	5.8%	Mex$15.70	Mex$13.00	n/a	7
Jun ’25	Mex$10.39	Mex$14.73 +41.8%	5.8%	Mex$15.70	Mex$13.00	n/a	7
May ’25	Mex$10.15	Mex$14.76 +45.4%	5.5%	Mex$15.70	Mex$13.00	n/a	8
Apr ’25	Mex$11.31	Mex$15.14 +33.9%	4.4%	Mex$16.00	Mex$14.00	n/a	7
Mar ’25	Mex$11.88	Mex$15.14 +27.5%	4.4%	Mex$16.00	Mex$14.00	n/a	7
Feb ’25	Mex$12.14	Mex$15.17 +24.9%	5.0%	Mex$16.00	Mex$14.00	n/a	6
Jan ’25	Mex$12.27	Mex$15.00 +22.2%	5.4%	Mex$16.00	Mex$14.00	n/a	5
Dec ’24	Mex$11.08	Mex$15.00 +35.4%	5.4%	Mex$16.00	Mex$14.00	n/a	5
Nov ’24	Mex$10.49	Mex$15.10 +43.9%	5.1%	Mex$16.00	Mex$14.00	n/a	6
Oct ’24	Mex$10.84	Mex$15.10 +39.3%	5.1%	Mex$16.00	Mex$14.00	n/a	6
Sep ’24	Mex$10.95	Mex$15.10 +37.9%	5.1%	Mex$16.00	Mex$14.00	n/a	6
Aug ’24	Mex$11.43	Mex$14.93 +30.7%	6.6%	Mex$16.00	Mex$13.40	Mex$9.91	6
Jul ’24	Mex$11.78	Mex$14.95 +26.9%	5.8%	Mex$16.00	Mex$13.40	Mex$9.86	6
Jun ’24	Mex$11.98	Mex$14.74 +23.0%	5.4%	Mex$15.60	Mex$13.40	Mex$10.39	5
May ’24	Mex$12.21	Mex$14.53 +19.0%	5.2%	Mex$15.50	Mex$13.40	Mex$10.15	4
Apr ’24	Mex$12.23	Mex$14.65 +19.8%	3.8%	Mex$15.50	Mex$14.00	Mex$11.31	4
Mar ’24	Mex$12.29	Mex$14.65 +19.2%	3.8%	Mex$15.50	Mex$14.00	Mex$11.88	4
Feb ’24	Mex$12.21	Mex$14.65 +20.0%	3.8%	Mex$15.50	Mex$14.00	Mex$12.14	4
Jan ’24	Mex$12.38	Mex$14.65 +18.3%	3.8%	Mex$15.50	Mex$14.00	Mex$12.27	4
Dec ’23	Mex$12.18	Mex$14.53 +19.3%	2.5%	Mex$15.00	Mex$14.00	Mex$11.08	4
Nov ’23	Mex$12.12	Mex$14.47 +19.4%	2.8%	Mex$15.00	Mex$14.00	Mex$10.49	3
Oct ’23	Mex$12.21	Mex$14.47 +18.5%	2.8%	Mex$15.00	Mex$14.00	Mex$10.84	3
Sep ’23	Mex$12.02	Mex$14.43 +20.0%	2.5%	Mex$15.00	Mex$14.00	Mex$10.95	4
Aug ’23	Mex$11.99	Mex$14.20 +18.4%	3.8%	Mex$15.00	Mex$13.50	Mex$11.43	4

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.