XMEX
VESTA
Market cap2.06bUSD
Apr 04, Last price
47.71MXN
1D
-4.56%
1Q
-8.65%
Jan 2017
91.45%
IPO
151.11%
Name
Corporacion Inmobiliaria Vesta SAB de CV
Chart & Performance
Profile
Corporación Inmobiliaria Vesta, S.A.B. de C.V., together with its subsidiaries, acquires, develops, manages, operates, and leases industrial buildings and distribution centers in Mexico. As of December 31, 2021, the company owned 189 properties located in industrial parks in 15 states of Mexico. It serves e-commerce/retail, aerospace, automotive, food and beverage, logistic, medical device, plastic, and other industries. The company was incorporated in 1996 and is headquartered in Mexico City, Mexico.
Valuation
Title USD in thousands, except ratios and share amounts | 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 | |
Income | |||||||||
Revenues | 216,266 21.48% | 178,025 10.72% | |||||||
Cost of revenue | 19,984 | 34,374 | |||||||
Unusual Expense (Income) | |||||||||
NOPBT | 196,282 | 143,652 | |||||||
NOPBT Margin | 90.76% | 80.69% | |||||||
Operating Taxes | 65,528 | 48,223 | |||||||
Tax Rate | 33.38% | 33.57% | |||||||
NOPAT | 130,753 | 95,428 | |||||||
Net income | 319,293 31.06% | 243,625 40.06% | |||||||
Dividends | (60,009) | (57,244) | |||||||
Dividend yield | 1.16% | 1.79% | |||||||
Proceeds from repurchase of equity | 571,434 | (60,448) | |||||||
BB yield | -11.04% | 1.89% | |||||||
Debt | |||||||||
Debt current | 70,219 | 5,233 | |||||||
Long-term debt | 846,139 | 928,274 | |||||||
Deferred revenue | 1,305,225 | 8,238 | |||||||
Other long-term liabilities | (1,193,264) | 18,333 | |||||||
Net debt | 415,201 | 794,451 | |||||||
Cash flow | |||||||||
Cash from operating activities | 100,598 | 65,215 | |||||||
CAPEX | (2,096) | (220) | |||||||
Cash from investing activities | (224,943) | (262,158) | |||||||
Cash from financing activities | 493,883 | (119,782) | |||||||
FCF | 345,283 | 87,673 | |||||||
Balance | |||||||||
Cash | 501,157 | 139,057 | |||||||
Long term investments | |||||||||
Excess cash | 490,344 | 130,156 | |||||||
Stockholders' equity | 2,956,626 | 2,705,504 | |||||||
Invested Capital | 2,818,213 | 2,453,382 | |||||||
ROIC | 4.96% | 4.35% | |||||||
ROCE | 5.47% | 4.98% | |||||||
EV | |||||||||
Common stock shares outstanding | 76,885 | 69,425 | |||||||
Price | 67.34 45.82% | 46.18 12.01% | |||||||
Market cap | 5,177,404 61.49% | 3,206,064 12.28% | |||||||
EV | 6,997,235 | 5,526,907 | |||||||
EBITDA | 197,873 | 145,115 | |||||||
EV/EBITDA | 35.36 | 38.09 | |||||||
Interest | 46,695 | 44,852 | |||||||
Interest/NOPBT | 23.79% | 31.22% |