Mexican (IPC) REITS Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies6
- 7D-3.2%
- 3M-15.5%
- 1Y-2.7%
- YTD-14.5%
Over the last 7 days, the REITS industry has dropped 1.8%, driven by a pullback from Fibra UNO of 2.7%. The industry has fallen 4.4% in the last year. Earnings are forecast to be flat in the coming years.
Industry Valuation and Performance
Has the Mexican REITS Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | Mex$149.4b | Mex$35.8b | Mex$21.5b | 6.2x | 6.9x | 4.2x |
| Sat, 27 Apr 2024 | Mex$153.2b | Mex$35.7b | Mex$20.6b | 7.6x | 7.4x | 4.3x |
| Mon, 25 Mar 2024 | Mex$163.2b | Mex$35.1b | Mex$24.7b | 7.6x | 6.6x | 4.6x |
| Wed, 21 Feb 2024 | Mex$171.3b | Mex$35.2b | Mex$31.1b | 5.8x | 5.5x | 4.9x |
| Fri, 19 Jan 2024 | Mex$163.2b | Mex$35.1b | Mex$30.8b | 5.8x | 5.3x | 4.7x |
| Sun, 17 Dec 2023 | Mex$167.9b | Mex$35.1b | Mex$30.8b | 5.6x | 5.5x | 4.8x |
| Tue, 14 Nov 2023 | Mex$161.0b | Mex$35.1b | Mex$30.8b | 5.7x | 5.2x | 4.6x |
| Thu, 12 Oct 2023 | Mex$161.4b | Mex$34.4b | Mex$35.0b | 5.1x | 4.6x | 4.7x |
| Sat, 09 Sep 2023 | Mex$142.3b | Mex$33.9b | Mex$34.2b | 8.2x | 4.2x | 4.2x |
| Mon, 07 Aug 2023 | Mex$243.2b | Mex$32.9b | Mex$31.9b | 12x | 7.6x | 7.4x |
| Wed, 05 Jul 2023 | Mex$241.1b | Mex$32.0b | Mex$28.8b | 11.7x | 8.4x | 7.5x |
| Fri, 02 Jun 2023 | Mex$243.4b | Mex$32.0b | Mex$28.9b | 15.3x | 8.4x | 7.6x |
| Sun, 30 Apr 2023 | Mex$241.4b | Mex$31.5b | Mex$26.6b | 15.9x | 9.1x | 7.7x |
| Tue, 28 Mar 2023 | Mex$242.0b | Mex$30.7b | Mex$26.6b | 17.9x | 9.1x | 7.9x |
| Thu, 23 Feb 2023 | Mex$503.4b | Mex$60.7b | Mex$51.3b | 8.4x | 9.8x | 8.3x |
| Sat, 21 Jan 2023 | Mex$492.9b | Mex$59.7b | Mex$56.0b | 7.6x | 8.8x | 8.3x |
| Mon, 19 Dec 2022 | Mex$471.3b | Mex$59.7b | Mex$56.0b | 7.5x | 8.4x | 7.9x |
| Wed, 16 Nov 2022 | Mex$471.6b | Mex$59.4b | Mex$55.9b | 7.1x | 8.4x | 7.9x |
| Fri, 14 Oct 2022 | Mex$461.2b | Mex$57.7b | Mex$51.8b | 7.6x | 8.9x | 8x |
| Sun, 11 Sep 2022 | Mex$465.1b | Mex$57.7b | Mex$51.8b | 7.5x | 9x | 8.1x |
| Tue, 09 Aug 2022 | Mex$469.7b | Mex$57.7b | Mex$51.8b | 7.4x | 9.1x | 8.1x |
| Thu, 07 Jul 2022 | Mex$465.7b | Mex$55.5b | Mex$46.9b | 8.2x | 9.9x | 8.4x |
| Sat, 04 Jun 2022 | Mex$353.8b | Mex$48.8b | Mex$41.0b | 7.9x | 8.6x | 7.3x |
| Mon, 02 May 2022 | Mex$264.9b | Mex$49.1b | Mex$36.4b | 7.8x | 7.3x | 5.4x |
| Wed, 30 Mar 2022 | Mex$271.2b | Mex$47.8b | Mex$33.0b | 7.3x | 8.2x | 5.7x |
| Fri, 25 Feb 2022 | Mex$291.1b | Mex$48.6b | Mex$34.5b | 10.3x | 8.4x | 6x |
| Sun, 23 Jan 2022 | Mex$268.1b | Mex$48.3b | Mex$27.2b | 15.6x | 9.9x | 5.6x |
| Tue, 21 Dec 2021 | Mex$254.5b | Mex$48.2b | Mex$25.1b | 15.2x | 10.1x | 5.3x |
| Thu, 18 Nov 2021 | Mex$250.5b | Mex$48.2b | Mex$25.1b | 15.4x | 10x | 5.2x |
| Sat, 16 Oct 2021 | Mex$262.8b | Mex$47.2b | Mex$28.3b | 10.1x | 9.3x | 5.6x |
| Mon, 13 Sep 2021 | Mex$234.9b | Mex$47.2b | Mex$28.3b | 9.9x | 8.3x | 5x |
| Wed, 11 Aug 2021 | Mex$264.0b | Mex$48.7b | Mex$29.6b | 13.5x | 8.9x | 5.4x |
| Sun, 06 Jun 2021 | Mex$269.2b | Mex$47.3b | Mex$32.2b | 8.5x | 8.4x | 5.7x |
Price to Earnings Ratio
8.4x
Current Industry PE
- Investors are pessimistic on the Mexican REITs 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 7.0x which is lower than its 3-year average PE of 7.9x.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 4.2x.
Past Earnings Growth
- The earnings for companies in the REITs industry have declined 13% per year over the last three years,
- Revenues have also declined 8.9% per year.
- This means overall sales from these companies are declining and profits are subsequently falling as well.
Industry Trends
Which industries have driven the changes within the Mexican Real Estate industry?
| MX Market | -1.51% | |
| Real Estate | -2.39% | |
| REITS | -3.21% | |
| Retail REITs | 0.49% | |
| Specialized REITs | 0.25% | |
| Residential REITs | 0% | |
| Healthcare REITs | 0% | |
| Hotel and Resort REITs | -0.28% | |
| Industrial REITs | -2.79% | |
| Diversified 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 5.4x.
- 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 57% 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 |