Mexican (IPC) Real Estate Sector Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies19
- 7D-2.4%
- 3M-9.7%
- 1Y1.0%
- YTD-9.8%
Over the last 7 days, the Real Estate industry has dropped 2.0%, driven by Fibra UNO declining 5.0%. As for the longer term, the industry's performance has been flat for the past year. As for the next few years, earnings are forecast to decline by 24% per annum.
Sector Valuation and Performance
Has the Mexican Real Estate Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | Mex$520.8b | Mex$77.8b | Mex$69.1b | 5.8x | 7.5x | 6.7x |
| Sat, 27 Apr 2024 | Mex$536.6b | Mex$76.7b | Mex$65.5b | 6.8x | 8.2x | 7x |
| Mon, 25 Mar 2024 | Mex$536.2b | Mex$79.2b | Mex$63.5b | 7.1x | 8.4x | 6.8x |
| Wed, 21 Feb 2024 | Mex$542.1b | Mex$78.4b | Mex$68.6b | 6.6x | 7.9x | 6.9x |
| Fri, 19 Jan 2024 | Mex$631.1b | Mex$87.2b | Mex$68.7b | 9.3x | 9.2x | 7.2x |
| Sun, 17 Dec 2023 | Mex$648.1b | Mex$87.2b | Mex$68.7b | 9.2x | 9.4x | 7.4x |
| Tue, 14 Nov 2023 | Mex$617.5b | Mex$87.3b | Mex$68.8b | 8.4x | 9x | 7.1x |
| Thu, 12 Oct 2023 | Mex$604.4b | Mex$85.6b | Mex$62.6b | 10.3x | 9.7x | 7.1x |
| Sat, 09 Sep 2023 | Mex$588.5b | Mex$78.5b | Mex$60.3b | 10.4x | 9.8x | 7.5x |
| Mon, 07 Aug 2023 | Mex$601.0b | Mex$77.1b | Mex$57.4b | 11x | 10.5x | 7.8x |
| Wed, 05 Jul 2023 | Mex$595.8b | Mex$76.0b | Mex$56.3b | 11.3x | 10.6x | 7.8x |
| Fri, 02 Jun 2023 | Mex$573.1b | Mex$75.9b | Mex$55.7b | 12.2x | 10.3x | 7.6x |
| Sun, 30 Apr 2023 | Mex$576.6b | Mex$74.4b | Mex$53.6b | 13.9x | 10.8x | 7.8x |
| Tue, 28 Mar 2023 | Mex$574.0b | Mex$73.1b | Mex$62.9b | 10.2x | 9.1x | 7.8x |
| Thu, 23 Feb 2023 | Mex$576.0b | Mex$72.6b | Mex$56.4b | 8.5x | 10.2x | 7.9x |
| Sat, 21 Jan 2023 | Mex$563.8b | Mex$71.7b | Mex$60.5b | 8.8x | 9.3x | 7.9x |
| Mon, 19 Dec 2022 | Mex$539.5b | Mex$71.9b | Mex$60.7b | 9x | 8.9x | 7.5x |
| Wed, 16 Nov 2022 | Mex$537.2b | Mex$71.5b | Mex$60.6b | 8.2x | 8.9x | 7.5x |
| Fri, 14 Oct 2022 | Mex$520.0b | Mex$69.6b | Mex$55.8b | 8.8x | 9.3x | 7.5x |
| Sun, 11 Sep 2022 | Mex$524.1b | Mex$69.6b | Mex$55.7b | 8.8x | 9.4x | 7.5x |
| Tue, 09 Aug 2022 | Mex$529.0b | Mex$69.6b | Mex$55.8b | 8.9x | 9.5x | 7.6x |
| Thu, 07 Jul 2022 | Mex$525.1b | Mex$67.2b | Mex$53.1b | 8.4x | 9.9x | 7.8x |
| Sat, 04 Jun 2022 | Mex$413.3b | Mex$60.3b | Mex$46.9b | 8.1x | 8.8x | 6.9x |
| Mon, 02 May 2022 | Mex$324.4b | Mex$60.6b | Mex$42.1b | 8.3x | 7.7x | 5.4x |
| Wed, 30 Mar 2022 | Mex$325.1b | Mex$57.4b | Mex$37.3b | 7.5x | 8.7x | 5.7x |
| Fri, 25 Feb 2022 | Mex$355.3b | Mex$59.8b | Mex$39.0b | 10.3x | 9.1x | 5.9x |
| Sun, 23 Jan 2022 | Mex$332.5b | Mex$59.3b | Mex$31.5b | 15.6x | 10.6x | 5.6x |
| Tue, 21 Dec 2021 | Mex$300.9b | Mex$58.3b | Mex$29.5b | 15.2x | 10.2x | 5.2x |
| Thu, 18 Nov 2021 | Mex$296.8b | Mex$58.2b | Mex$29.5b | 15.4x | 10.1x | 5.1x |
| Sat, 16 Oct 2021 | Mex$308.3b | Mex$57.1b | Mex$33.8b | 6.1x | 9.1x | 5.4x |
| Mon, 13 Sep 2021 | Mex$281.3b | Mex$57.0b | Mex$33.7b | 6.3x | 8.3x | 4.9x |
| Wed, 11 Aug 2021 | Mex$320.9b | Mex$59.7b | Mex$35.3b | 13.5x | 9.1x | 5.4x |
| Sun, 06 Jun 2021 | Mex$328.7b | Mex$58.0b | Mex$35.2b | 11x | 9.4x | 5.7x |
Price to Earnings Ratio
9.4x
Current Industry PE
- Investors are pessimistic on the Mexican Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.5x which is lower than its 3-year average PE of 9.2x.
- The industry is trading close to its 3-year average PS ratio of 6.7x.
Past Earnings Growth
- The earnings for companies in the Real Estate industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 10% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Mexican Real Estate sector?
| MX Market | -1.51% | |
| Real Estate | -2.39% | |
| Retail REITs | 0.49% | |
| Specialized REITs | 0.25% | |
| Residential REITs | 0% | |
| Health Care REITs | 0% | |
| Hotel and Resort REITs | -0.28% | |
| Industrial REITs | -2.79% | |
| Real Estate | -3.07% | |
| REITS | -3.21% | |
| Office REITs | -3.22% | |
Industry PE
- Investors are most optimistic about the Hotel and Resort REITs industry which is trading above its 3-year average PE ratio of 15.1x.
- 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 Office REITs industry, expecting annual earnings growth of 56% over the next 5 years.
- In contrast, the Industrial REITs industry is expected to see its earnings decline by 58% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DANHOS 13 Fibra Danhos | Mex$21.03 | 1.5% +Mex$502.5m | -5.1% | PB0.6x | |
| FEXI 21 MÉXICO INFRASTRUCTURE PARTNERS F1P.I. DE | Mex$19.70 | 1.0% +Mex$221.6m | 1.0% | n/a | |
| FINN 13 Fideicomiso Irrevocable db/1616 | Mex$5.63 | 0.9% +Mex$38.8m | -3.9% | PB0.6x | |
| FSHOP 13 Fibra Shop | Mex$6.15 | 0.5% +Mex$14.3m | -0.6% | PB0.2x |