FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico.
Undervalued second-rate dividend payer.
Share Price & News
How has FIBRA Prologis's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FBBP.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FBBP.F exceeded the US REITs industry which returned 16.2% over the past year.
Return vs Market: FBBP.F exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is FIBRA Prologis's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is FIBRA Prologis undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FBBP.F ($2.31) is trading below our estimate of fair value ($3.09)
Significantly Below Fair Value: FBBP.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FBBP.F is good value based on its PE Ratio (12.6x) compared to the REITs industry average (37.3x).
PE vs Market: FBBP.F is good value based on its PE Ratio (12.6x) compared to the US market (18.4x).
Price to Earnings Growth Ratio
PEG Ratio: FBBP.F is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: FBBP.F is good value based on its PB Ratio (0.9x) compared to the US REITs industry average (2.1x).
How is FIBRA Prologis forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FBBP.F's forecast earnings growth (6% per year) is above the savings rate (1.7%).
Earnings vs Market: FBBP.F's earnings (6% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: FBBP.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: FBBP.F's revenue (5.5% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: FBBP.F's revenue (5.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FBBP.F's Return on Equity is forecast to be low in 3 years time (7.5%).
How has FIBRA Prologis performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FBBP.F has high quality earnings.
Growing Profit Margin: FBBP.F's current net profit margins (56.5%) are lower than last year (80.9%).
Past Earnings Growth Analysis
Earnings Trend: FBBP.F's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: FBBP.F's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FBBP.F had negative earnings growth (-27.4%) over the past year, making it difficult to compare to the REITs industry average (6.9%).
Return on Equity
High ROE: FBBP.F's Return on Equity (7.2%) is considered low.
Return on Assets
Return on Capital Employed
How is FIBRA Prologis's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: FBBP.F has a high level of physical assets or inventory.
Debt Coverage by Assets: FBBP.F's debt is not covered by short term assets (assets are 0x debt).
Financial Institutions Analysis
Asset Level: FBBP.F's level of assets compared to its equity is low.
Allowance for Bad Loans: Insufficient data to determine if FBBP.F has a sufficient allowance for bad loans.
Low Risk Liabilities: FBBP.F reports no customer deposits, loans are made up entirely of externally borrowed funds.
Loan Level: Insufficient data to determine if FBBP.F has an acceptable proportion of non-loan assets held.
Low Risk Deposits: FBBP.F has advanced significantly more loans than the customer deposits it holds.
Level of Bad Loans: Insufficient data to determine if FBBP.F has an appropriate level of bad loans.
What is FIBRA Prologis's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: FBBP.F's dividend (5.59%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: FBBP.F's dividend (5.59%) is in the top 25% of dividend payers in the US market (3.69%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, FBBP.F has been paying a dividend for less than 10 years.
Growing Dividend: FBBP.F's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (2335.1%), FBBP.F's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: FBBP.F's dividends in 3 years are forecast to be thoroughly covered by earnings (0.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Luis Enrique Gutiérrez Guajardo (60yo)
Mr. Luis Enrique Gutiérrez Guajardo serves as the Chairman, Director General and Chief Executive Officer of FIBRA Prologis. Mr. Guajardo has been in the real estate sector since 1989, including President f ...
|Chairman & CEO||6.1yrs||no data||no data|
|Chief Financial Officer||5.1yrs||no data||no data|
|COO & MD||9.1yrs||no data||no data|
|Vice President of Finance & Investor Relations||8.4yrs||no data||no data|
|Acting Chief Legal Officer||2.9yrs||no data||no data|
Experienced Management: FBBP.F's management team is seasoned and experienced (6.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
FIBRA Prologis's company bio, employee growth, exchange listings and data sources
- Name: FIBRA Prologis
- Ticker: FBBP.F
- Exchange: OTCPK
- Founded: 2013
- Industry: Industrial REITs
- Sector: Real Estate
- Market Cap: Mex$28.110b
- Listing Market Cap: Mex$1.511b
- Shares outstanding: 649.19m
- Website: https://www.fibraprologis.com
- FIBRA Prologis
- Av. Prolongación Paseo de la Reforma 1236
- Piso 9
- Santa Fe
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FIBRAPL 14||BMV (Bolsa Mexicana de Valores)||Yes||CBFI Certificates||MX||MXN||Jun 2014|
|FBBP.F||OTCPK (Pink Sheets LLC)||Yes||CBFI Certificates||US||USD||Jun 2014|
FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2019, FIBRA Prologis was comprised of 191 logistics and manufacturing facilities in six industrial markets in Mexico totaling 34.9 million square feet (3.2 million square meters) of gross leasable area.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 01:34|
|End of Day Share Price||2020/02/18 00:00|
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.