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Fibra UNO

OTCPK:FBAS.F
Snowflake Description

Undervalued with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FBAS.F
OTCPK
MX$95B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA (REIT) in the Mexican market. The last earnings update was 22 days ago. More info.


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FBAS.F Share Price and Events
7 Day Returns
-1.6%
OTCPK:FBAS.F
1.2%
US REITs
1.6%
US Market
1 Year Returns
-11.6%
OTCPK:FBAS.F
15.2%
US REITs
2.6%
US Market
FBAS.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fibra UNO (FBAS.F) -1.6% -19.7% -7.9% -11.6% -41.9% -59.2%
US REITs 1.2% 2.9% 3.3% 15.2% 13.3% 25.8%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • FBAS.F underperformed the REITs industry which returned 15.2% over the past year.
  • FBAS.F underperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
FBAS.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Fibra UNO's competitors could be found in our database.

FBAS.F Value

 Is Fibra UNO undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Fibra UNO to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Fibra UNO.

OTCPK:FBAS.F Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations
Levered Adjusted Funds From Operations Average of 13 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for OTCPK:FBAS.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
REITs Unlevered Beta Simply Wall St/ S&P Global 0.53
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.531 (1 + (1- 30%) (86.21%))
0.901
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.9
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.901 * 5.96%)
8.1%

Discounted Cash Flow Calculation for OTCPK:FBAS.F using 2 Stage Free Cash Flow to Equity using Adjusted Funds From Operations Model

The calculations below outline how an intrinsic value for Fibra UNO is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Fibra UNO is a Real Estate Investment Trust (REIT), we use funds from operations (FFO) or adjusted funds from operations (AFFO) instead of levered free cash flow for REITs. This excludes depreciation and borrowing. Ideally analysts estimates of AFFO are used, where these aren't available we use FFO.

OTCPK:FBAS.F DCF 1st Stage: Next 10 year cash flow forecast
Adjusted Funds From Operations (AFFO) (MXN, Millions) Source Present Value
Discounted (@ 8.1%)
2019 9,116.25 Analyst x1 8,433.36
2020 10,362.57 Analyst x8 8,868.22
2021 10,593.57 Analyst x3 8,386.79
2022 11,937.20 Analyst x1 8,742.59
2023 12,726.60 Est @ 6.61% 8,622.53
2024 13,419.96 Est @ 5.45% 8,411.20
2025 14,041.66 Est @ 4.63% 8,141.60
2026 14,612.01 Est @ 4.06% 7,837.64
2027 15,147.14 Est @ 3.66% 7,516.07
2028 15,659.51 Est @ 3.38% 7,188.24
Present value of next 10 years cash flows MX$82,148.23
OTCPK:FBAS.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= MX$15,659.51 × (1 + 2.73%) ÷ (8.1% – 2.73%)
MX$299,712.96
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= MX$299,712.96 ÷ (1 + 8.1%)10
MX$137,578.34
OTCPK:FBAS.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MX$82,148.23 + MX$137,578.34
MX$219,726.57
Equity Value per Share
(MXN)
= Total value / Shares Outstanding
= MX$219,726.57 / 3,890.11
MX$55.41
OTCPK:FBAS.F Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in OTCPK:FBAS.F represents 0.0516x of BMV:FUNO 11
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.0516x
Value per Share
(Listing Adjusted, USD)
= Value per Share (MXN) x Listing Adjustment Factor
= MX$ 55.41 x 0.0516
$2.86
Value per share (USD) From above. $2.86
Current discount Discount to share price of $1.26
= -1 x ($1.26 - $2.86) / $2.86
55.9%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Fibra UNO is available for.
Intrinsic value
>50%
Share price is $1.26 vs Future cash flow value of $2.86
Current Discount Checks
For Fibra UNO to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Fibra UNO's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Fibra UNO's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fibra UNO's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fibra UNO's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:FBAS.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in MXN MX$4.27
BMV:FUNO 11 Share Price ** BMV (2019-05-21) in MXN MX$24.42
United States of America REITs Industry PE Ratio Median Figure of 155 Publicly-Listed REITs Companies 32.75x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fibra UNO.

OTCPK:FBAS.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BMV:FUNO 11 Share Price ÷ EPS (both in MXN)

= 24.42 ÷ 4.27

5.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fibra UNO is good value based on earnings compared to the US REITs industry average.
  • Fibra UNO is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Fibra UNO's expected growth come at a high price?
Raw Data
OTCPK:FBAS.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts
-14.7%per year
United States of America REITs Industry PEG Ratio Median Figure of 141 Publicly-Listed REITs Companies 2.58x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

OTCPK:FBAS.F PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 5.72x ÷ -14.7%

-0.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fibra UNO earnings are not expected to grow next year, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fibra UNO's assets?
Raw Data
OTCPK:FBAS.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in MXN MX$40.07
BMV:FUNO 11 Share Price * BMV (2019-05-21) in MXN MX$24.42
United States of America REITs Industry PB Ratio Median Figure of 191 Publicly-Listed REITs Companies 1.89x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
OTCPK:FBAS.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BMV:FUNO 11 Share Price ÷ Book Value per Share (both in MXN)

= 24.42 ÷ 40.07

0.61x

* Primary Listing of Fibra UNO.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fibra UNO is good value based on assets compared to the US REITs industry average.
X
Value checks
We assess Fibra UNO's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the REITs industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the REITs industry average (and greater than 0)? (1 check)
  5. Fibra UNO has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

FBAS.F Future Performance

 How is Fibra UNO expected to perform in the next 1 to 3 years based on estimates from 13 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-14.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fibra UNO expected to grow at an attractive rate?
  • Fibra UNO's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Fibra UNO's earnings are expected to decrease over the next 1-3 years, this is below the United States of America market average.
  • Fibra UNO's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
OTCPK:FBAS.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:FBAS.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 13 Analysts -14.7%
OTCPK:FBAS.F Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 13 Analysts 6.4%
United States of America REITs Industry Earnings Growth Rate Market Cap Weighted Average 5.9%
United States of America REITs Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:FBAS.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
All numbers in MXN Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:FBAS.F Future Estimates Data
Date (Data in MXN Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 22,950 1
2021-12-31 21,234 11,612 6
2020-12-31 20,566 12,529 11,971 13
2019-12-31 18,944 8,524 16,563 13
OTCPK:FBAS.F Past Financials Data
Date (Data in MXN Millions) Revenue Cash Flow Net Income *
2019-03-31 17,237 15,460 16,599
2018-12-31 16,763 14,052 17,180
2018-09-30 16,238 12,478 11,733
2018-06-30 15,466 12,533 9,252
2018-03-31 14,831 9,278 11,889
2017-12-31 14,265 9,481 12,118
2017-09-30 14,249 10,284 17,095
2017-06-30 14,035 9,066 16,467
2017-03-31 13,643 10,730 14,682
2016-12-31 15,405 12,176 11,825
2016-09-30 12,839 11,732 8,666
2016-06-30 12,352 11,397 7,460

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fibra UNO's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Fibra UNO's revenue is expected to grow by 6.4% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:FBAS.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below

All data from Fibra UNO Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FBAS.F Future Estimates Data
Date (Data in MXN Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 2.91 3.88 2.17 3.00
2020-12-31 2.73 3.78 1.93 5.00
2019-12-31 2.94 4.76 2.25 7.00
OTCPK:FBAS.F Past Financials Data
Date (Data in MXN Millions) EPS *
2019-03-31 4.27
2018-12-31 4.41
2018-09-30 2.99
2018-06-30 2.35
2018-03-31 3.00
2017-12-31 3.55
2017-09-30 5.98
2017-06-30 5.01
2017-03-31 4.49
2016-12-31 4.82
2016-09-30 2.69
2016-06-30 2.32

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fibra UNO is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fibra UNO's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fibra UNO has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

FBAS.F Past Performance

  How has Fibra UNO performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fibra UNO's growth in the last year to its industry (REITs).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Fibra UNO's year on year earnings growth rate has been positive over the past 5 years.
  • Fibra UNO's 1-year earnings growth exceeds its 5-year average (39.6% vs 16.5%)
  • Fibra UNO's earnings growth has exceeded the US REITs industry average in the past year (39.6% vs 16%).
Earnings and Revenue History
Fibra UNO's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fibra UNO Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:FBAS.F Past Revenue, Cash Flow and Net Income Data
Date (Data in MXN Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 17,236.62 16,598.91 891.16
2018-12-31 16,763.23 17,180.28 775.44
2018-09-30 16,238.23 11,732.79 461.03
2018-06-30 15,466.13 9,251.78 -160.88
2018-03-31 14,831.01 11,889.27 -246.20
2017-12-31 14,265.17 12,117.94 247.33
2017-09-30 14,249.29 17,095.41 -2,093.66
2017-06-30 14,035.15 16,467.12 644.69
2017-03-31 13,642.65 14,682.32 715.00
2016-12-31 15,405.04 11,824.63 313.92
2016-09-30 12,839.37 8,666.04 2,987.62
2016-06-30 12,351.91 7,459.84 751.37
2016-03-31 11,673.56 7,079.55 648.24
2015-12-31 10,724.90 5,734.49 674.80
2015-09-30 9,728.16 5,236.88 454.46
2015-06-30 8,876.64 5,670.53 817.15
2015-03-31 8,349.54 6,049.49 790.94
2014-12-31 7,821.98 5,711.09 614.46
2014-09-30 6,883.80 10,365.48 14.30
2014-06-30 5,924.82 10,582.28 -347.53
2014-03-31 4,891.82 9,285.15 314.75
2013-12-31 3,904.10 9,075.39 26.76
2013-09-30 3,150.31 2,385.99 600.97
2013-06-30 2,612.18 2,097.21 554.99
2013-03-31 2,065.01 1,976.73 227.98
2012-12-31 1,553.22 1,274.26 199.31
2012-09-30 1,360.35 1,226.96 118.62

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fibra UNO has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fibra UNO used its assets more efficiently than the US REITs industry average last year based on Return on Assets.
  • Fibra UNO's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Fibra UNO's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the REITs industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fibra UNO has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

FBAS.F Health

 How is Fibra UNO's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fibra UNO's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fibra UNO is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fibra UNO's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Fibra UNO's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fibra UNO Company Filings, last reported 1 month ago.

OTCPK:FBAS.F Past Debt and Equity Data
Date (Data in MXN Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 160,178.36 81,895.61 1,178.88
2018-12-31 158,105.32 79,566.11 4,408.93
2018-09-30 153,730.27 75,212.57 1,138.67
2018-06-30 150,787.88 72,511.78 1,444.55
2018-03-31 153,075.47 66,979.54 3,749.86
2017-12-31 149,876.53 68,062.15 5,634.45
2017-09-30 130,962.09 63,522.79 3,380.14
2017-06-30 129,602.33 62,573.19 3,984.44
2017-03-31 127,624.63 61,776.48 4,916.41
2016-12-31 122,643.34 64,806.55 7,510.22
2016-09-30 117,555.48 62,520.71 7,559.79
2016-06-30 116,780.45 61,677.23 10,671.44
2016-03-31 114,802.40 54,455.55 7,254.70
2015-12-31 113,358.38 54,333.04 8,077.96
2015-09-30 106,820.06 47,319.86 4,968.64
2015-06-30 106,559.44 46,543.62 7,664.80
2015-03-31 105,060.90 46,517.18 294.29
2014-12-31 105,075.47 35,920.63 19,710.12
2014-09-30 100,068.93 34,554.59 24,943.73
2014-06-30 100,366.72 36,206.40 30,450.51
2014-03-31 62,312.70 37,886.55 974.97
2013-12-31 58,214.21 34,302.43 1,513.65
2013-09-30 51,886.74 12,288.99 15,731.99
2013-06-30 51,748.13 8,780.54 18,547.44
2013-03-31 45,494.76 8,570.52 21,058.55
2012-12-31 24,024.71 8,924.94 2,005.78
2012-09-30 24,134.75 8,953.77 2,491.96
  • Fibra UNO's level of debt (51.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (60.4% vs 51.1% today).
  • Debt is not well covered by operating cash flow (18.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Fibra UNO's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fibra UNO has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

FBAS.F Dividends

 What is Fibra UNO's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.01%
Current annual income from Fibra UNO dividends. Estimated to be 10.15% next year.
If you bought $2,000 of Fibra UNO shares you are expected to receive $180 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Fibra UNO's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.46%).
  • Fibra UNO's dividend is above the markets top 25% of dividend payers in United States of America (3.72%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:FBAS.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 13 Analyst Estimates (S&P Global) See Below
United States of America REITs Industry Average Dividend Yield Market Cap Weighted Average of 184 Stocks 3.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:FBAS.F Future Dividends Estimate Data
Date (Data in MX$) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 2.58 4.00
2020-12-31 2.53 11.00
2019-12-31 2.31 6.00
OTCPK:FBAS.F Past Annualized Dividends Data
Date (Data in MX$) Dividend per share (annual) Avg. Yield (%)
2019-04-15 2.200 8.347
2019-02-27 2.200 8.084
2018-05-02 2.054 8.190
2018-04-12 2.054 6.701
2017-04-28 1.983 6.462
2017-02-17 1.983 6.423
2016-05-04 1.996 5.708
2016-02-17 1.996 5.145
2015-05-04 1.825 4.938
2015-02-25 1.825 4.469
2014-06-11 1.710 3.793
2014-04-30 1.710 4.152
2014-02-27 1.710 4.057
2013-07-29 1.322 3.296
2013-07-26 1.322 3.137
2013-04-26 1.322 3.072
2013-04-25 1.322 2.811
2012-04-30 1.083 3.366
2012-03-22 1.083 4.294
2011-08-11 1.208 5.031

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Fibra UNO has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Fibra UNO only paid a dividend in the past 8 years.
Current Payout to shareholders
What portion of Fibra UNO's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (0x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be thoroughly covered by earnings (4347.8x coverage).
X
Income/ dividend checks
We assess Fibra UNO's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fibra UNO afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fibra UNO has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FBAS.F Management

 What is the CEO of Fibra UNO's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
André El-Mann Arazi
AGE 53
CEO Bio

Mr. André El-Mann Arazi serves as Chief Executive Officer and Director of Fibra UNO. Mr. El-Mann Arazi has more than 35 years of experience in the real estate sector. He is co-founder of E-Group. Has extensive expertise in operating all the real estate segments, in raising capital to fund large-scale projects, and in acquiring real estate projects and properties. He is currently member of the Board of each of the companies that integrate E-Group. He has been member of the Metropolitan Council of BBVA Bancomer, is member of the Board of Directors of The TechnoWise Group, and is independent member of the board of Grupo Financiero Actinver. He is an Executive Director at PowerWise Group, Inc.

CEO Compensation
  • Insufficient data for André to compare compensation growth.
  • Insufficient data for André to establish whether their remuneration is reasonable compared to companies of similar size in United States of America.
Management Team

André El-Mann Arazi

TITLE
CEO & Director
AGE
53

Fernando Toca

TITLE
Vice President of Finance
AGE
44

Alfonso Oregón

TITLE
Vice President of Operations
AGE
46

Ignacio Tortoriello

TITLE
Vice President of IT & Administration
AGE
61

Jorge Pigeon Solórzano

TITLE
Vice President
AGE
48
TENURE
6.3 yrs

Alejandro Pizarro

TITLE
Vice-President of Legal
AGE
43

Isidoro Attié Laniado

TITLE
Executive VP of Strategy & Finance and Director
AGE
48

Gonzalo Robina Ibarra

TITLE
Deputy Chief Executive Officer
AGE
55

Javier Elizalde Vélez

TITLE
Vice President of Treasury
AGE
45
Board of Directors Tenure

Average tenure and age of the Fibra UNO board of directors in years:

8.3
Average Tenure
67.5
Average Age
  • The tenure for the Fibra UNO board of directors is about average.
Board of Directors

Moisés El- Mann Arazi

TITLE
President of the Board
AGE
64

André El-Mann Arazi

TITLE
CEO & Director
AGE
53
TENURE
8.3 yrs

Isidoro Attié Laniado

TITLE
Executive VP of Strategy & Finance and Director
AGE
48
TENURE
8.3 yrs

Rubén Goldberg Javkin

TITLE
Director
AGE
69
TENURE
8.3 yrs

Herminio Blanco Mendoza

TITLE
Director
AGE
68
TENURE
8.3 yrs

Max El-Mann Arazi

TITLE
Director
AGE
58
TENURE
8.3 yrs

Elías Sacal Micha

TITLE
Director
AGE
68
TENURE
8.3 yrs

Abude Attié Dayán

TITLE
Director
AGE
75
TENURE
8.3 yrs

Jaime Kababie Sacal

TITLE
Director
AGE
68
TENURE
8.3 yrs

Ignacio Trigueros Legarreta

TITLE
Director
AGE
67
TENURE
8.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Fibra UNO's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fibra UNO has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

FBAS.F News

Simply Wall St News

FBAS.F Company Info

Description

Fibra Uno (Mexbol: FUNO11; Bloomberg: FUNO11:MM) is the first and largest FIBRA (REIT) in the Mexican market. It operates and develops a wide range of real estate assets for leasing mainly in the industrial, retail and office segments. As of December 31st, 2018, Fibra Uno had a portfolio of 536 properties that totaled approximately 8.6 million sqm with footprint on all states of Mexico. FUNO’s strategy focuses in having the best locations with high-quality assets and geographic, segment and tenant diversification. Furthermore, FUNO’s management team has more than three decades of expertise in development and operation of all segments of the real estate industry.

Details
Name: Fibra UNO
FBAS.F
Exchange: OTCPK
Founded: 2010
MX$4,996,796,375
3,890,114,426
Website: http://en.fibra-uno.com
Address: Fibra UNO
Antonio Dovali Jaime No. 70,
11th Floor Tower B, Santa Fe,
Mexico City,
Distrito Federal, 1210,
Mexico
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BMV FUNO 11 CBFI Certificates Bolsa Mexicana de Valores MX MXN 28. Mar 2011
OTCPK FBAS.F CBFI Certificates Pink Sheets LLC US USD 28. Mar 2011
Number of employees
Current staff
Staff numbers
186
Fibra UNO employees.
Industry
Diversified REITs
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:53
End of day share price update: 2019/05/21 00:00
Last estimates confirmation: 2019/05/22
Last earnings filing: 2019/04/30
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.