OTCMCBAOF
Market cap1.47bUSD
Dec 23, Last price
1.81USD
Jan 2017
43.84%
IPO
-7.94%
Name
CI Banco SA Institucion de Banca Multiple FF/00939
Chart & Performance
Profile
Terrafina (BMV:TERRA13) is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina's portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajio and Northern regions of Mexico. It is internally managed by highly-qualified industry specialists and externally advised by PGIM Real Estate. Terrafina owns 300 real estate properties, including 289 developed industrial facilities with a collective GLA of approximately 42.3 million square feet and 11 land reserve parcels, designed to preserve the organic growth capability of the portfolio. Terrafina's objective is to provide attractive risk-adjusted returns for the holders of its certificates through stable distributions and capital appreciations. Terrafina aims to achieve this objective through a successful performance of its industrial real estate and complementary properties, strategic acquisitions, access to a high level of institutional support, and an effective management and corporate governance structure.
Valuation
Title MXN in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 3,814,861 -4.78% | 4,006,222 4.59% | 3,830,394 -9.53% | |||||||
Cost of revenue | 986,226 | 1,070,402 | 1,126,581 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,828,635 | 2,935,820 | 2,703,813 | |||||||
NOPBT Margin | 74.15% | 73.28% | 70.59% | |||||||
Operating Taxes | (1,000) | 100,535 | ||||||||
Tax Rate | 3.72% | |||||||||
NOPAT | 2,828,635 | 2,935,821 | 2,603,278 | |||||||
Net income | 6,683,448 -1.64% | 6,795,132 10.03% | 6,175,549 491.90% | |||||||
Dividends | (1,355,241) | (1,508,916) | (1,655,013) | |||||||
Dividend yield | 4.83% | 6.93% | 7.30% | |||||||
Proceeds from repurchase of equity | 1,292,825 | 2,870,961 | ||||||||
BB yield | -5.94% | -12.67% | ||||||||
Debt | ||||||||||
Debt current | 1,107,417 | 1,230,848 | 2,151,050 | |||||||
Long-term debt | 15,630,289 | 15,972,269 | 18,052,862 | |||||||
Deferred revenue | 309,474 | 342,002 | 323,797 | |||||||
Other long-term liabilities | 91,804 | 134,668 | 137,233 | |||||||
Net debt | 16,102,088 | 16,470,017 | 18,369,221 | |||||||
Cash flow | ||||||||||
Cash from operating activities | 2,763,238 | 2,668,429 | 2,725,859 | |||||||
CAPEX | ||||||||||
Cash from investing activities | (1,885,060) | (696,991) | 243,214 | |||||||
Cash from financing activities | (925,711) | (2,996,963) | (2,609,321) | |||||||
FCF | 2,828,635 | 2,935,821 | 2,603,278 | |||||||
Balance | ||||||||||
Cash | 635,618 | 733,100 | 1,834,691 | |||||||
Long term investments | ||||||||||
Excess cash | 444,875 | 532,789 | 1,643,171 | |||||||
Stockholders' equity | 32,909,209 | 27,581,002 | 22,739,544 | |||||||
Invested Capital | 53,144,167 | 53,747,716 | 52,238,332 | |||||||
ROIC | 5.29% | 5.54% | 5.20% | |||||||
ROCE | 5.28% | 5.41% | 5.02% | |||||||
EV | ||||||||||
Common stock shares outstanding | 772,483 | 779,578 | 790,561 | |||||||
Price | 36.34 30.16% | 27.92 -2.62% | 28.67 -6.55% | |||||||
Market cap | 28,072,042 28.97% | 21,765,811 -3.97% | 22,665,379 -6.56% | |||||||
EV | 44,174,130 | 38,235,828 | 41,034,600 | |||||||
EBITDA | 2,828,635 | 2,935,820 | 2,703,813 | |||||||
EV/EBITDA | 15.62 | 13.02 | 15.18 | |||||||
Interest | 1,061,310 | 904,148 | 980,717 | |||||||
Interest/NOPBT | 37.52% | 30.80% | 36.27% |