YOLFTbeta
Corporación Inmobiliaria Vesta, S.A.B de C.V.

Corporación Inmobiliaria Vesta, S.A.B de C.V.

VTMX · NYSE · Real Estate / Real Estate - Diversified

37.45USD-0.57 (-1.50%)

Price History

Full chart

Market Stats

Previous Close38.02
Open37.88
Day Range37.37 – 38.10
52-Week Range24.99 – 36.96
Volume121.80K
Market Cap3.04B
P/E (TTM)7.21
Forward P/E13.66
EPS4.54
Dividend Yield2.51%
Beta0.27
50-Day Avg34.01
200-Day Avg33.66

About

Corporación Inmobiliaria Vesta, S.A.B. de C.V., together with its subsidiaries, acquires, develops, manages, operates industrial buildings and distribution facilities in Mexico. It offers rental income from operating leases, including reimbursable building services and energy income. The company serves corporations in diverse industries, such as food and beverage, automotive, aerospace, medical, logistics, and plastics. Corporación Inmobiliaria Vesta, S.A.B. de C.V. was incorporated in 1996 and is headquartered in Mexico City, Mexico.

Company Details

  • SectorReal Estate
  • IndustryReal Estate - Diversified
  • CEOMr. Lorenzo Dominique Berho Carranza
  • Employees0
  • HeadquartersPaseo de los Tamarindos 90 Tower 2, Mexico City, DF, Mexico, 05120, USA
  • Websitehttps://www.vesta.com.mx

Leadership

  • Mr. Lorenzo Manuel Berho CoronaExecutive Chairman · b. 1961
  • Mr. Lorenzo Dominique Berho CarranzaCEO & Alternate Director · b. 1983
  • Mr. Juan Felipe Sottil AchuteguiChief Financial Officer · b. 1961
  • Mr. Rodrigo Cueto BoschChief Investment Officer · b. 1979
  • Ms. Maria Fernanda Bettinger DavoDirector of Investor Relations · b. 1994
  • Mr. Alejandro Pucheu RomeroGeneral Counsel & Secretary · b. 1975
  • Ms. Karen Schmidt OrtuñoCompliance Officer · b. 1977
  • Mr. Rodolfo Gerardo Balmaceda GarcíaSales Manager
  • Mr. Alfredo Marcos Paredes CalderonChief Human Resources & Integrity Officer · b. 1974
  • Mr. Diego Berho CarranzaChief Portfolio Officer · b. 1989

Financials

Income Statement

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue50.22M50.24M51.86M58.52M69.33M78.56M90.51M109.43M132.67M144.37M149.86M160.79M178.03M214.47M251.29M290.98M
Growth (%)-+0.03%+3.24%+12.84%+18.47%+13.31%+15.21%+20.90%+21.24%+8.82%+3.80%+7.29%+10.72%+20.47%+17.17%+15.79%
Cost of Revenue6.02M6.00M4.07M3.45M3.60M3.53M4.38M4.99M5.68M8.14M10.15M10.73M11.42M18.24M25.90M31.83M
Gross Profit44.20M44.24M47.79M55.07M65.73M75.03M86.14M104.43M126.99M136.22M139.70M150.06M166.60M196.23M225.39M259.15M
Gross Margin88.00%88.06%92.14%94.10%94.81%95.51%95.16%95.44%95.72%94.36%93.22%93.33%93.58%91.50%89.69%89.06%
Operating Expense36.88M-13.64M-920.67K-72.81M14.59M40.99M-13.94M-72.80M-36.21M-88.14M8.51M21.36M24.27M13.48M32.63M35.68M
Operating Income7.32M57.88M48.71M127.88M51.15M34.04M100.08M177.23M163.20M224.36M131.19M128.70M142.33M182.75M192.76M223.47M
Operating Margin14.57%115.21%93.92%218.52%73.77%43.33%110.57%161.96%123.01%155.41%87.55%80.05%79.95%85.21%76.71%76.80%
EBITDA7.38M57.93M73.72M151.40M73.37M57.60M120.26M177.59M163.77M225.86M168.03M302.30M339.71M429.51M469.90M292.86M
EBITDA Margin14.69%115.33%142.14%258.71%105.83%73.32%132.87%162.29%123.45%156.45%112.13%188.01%190.82%200.27%187.00%100.65%
Net Income-7.48M13.29M40.84M89.43M24.22M-3.83M45.08M126.03M93.06M134.61M66.96M173.94M243.62M316.64M222.43M242.68M
Net Income Margin-14.89%26.46%78.75%152.82%34.94%-4.87%49.81%115.17%70.14%93.24%44.68%108.18%136.85%147.64%88.51%83.40%
R&D---------1.270.851.591.641.78--
R&D as % of Total Revenue---------0.00%0.00%0.00%0.00%0.00%--
Interest Expense25.19M24.78M24.96M23.44M22.19M23.37M19.86M19.67M35.16M39.16M39.05M50.26M46.40M46.31M44.08M56.41M
Interest Expense % of Total Revenue50.16%49.33%48.12%40.06%32.00%29.75%21.94%17.97%26.50%27.13%26.06%31.26%26.06%21.59%17.54%19.39%

Balance Sheet

Currency: USD2010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets645.56M676.95M919.82M1.22B1.25B1.48B1.50B1.83B1.99B2.09B2.25B2.76B2.95B3.79B3.96B4.54B
Total Liabilities395.15M412.38M402.59M430.54M448.29M502.73M541.41M809.76M940.38M982.57M1.15B1.31B1.31B1.31B1.36B1.79B
Total Equity250.41M264.56M517.23M789.59M797.74M974.79M959.38M1.02B1.05B1.11B1.11B1.45B1.64B2.49B2.60B2.75B
Cash1.13M726.02K30.18M3.77M6.85M21.63M48.05M90.42M64.43M75.03M119.73M452.80M139.06M501.09M184.11M336.91M
Total Debt335.02M335.14M327.86M318.03M306.74M344.76M340.87M581.99M699.80M715.59M840.49M934.91M932.00M916.08M847.54M1.28B
Net Debt333.89M334.42M297.68M314.26M299.89M323.13M292.82M491.58M635.36M640.56M720.76M482.11M792.95M414.99M663.44M940.59M

Cash Flow

Currency: USD2011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow41.14M35.80M32.52M32.84M68.69M68.28M82.16M87.27M103.35M100.57M107.93M65.21M144.80M87.26M161.89M
Investing Cash Flow-10.78M-178.79M-208.82M29.76M-266.50M23.38M-196.48M-138.71M1.27M-73.35M15.95M-254.67M-223.07M-225.73M-336.87M
Financing Cash Flow-30.54M174.77M147.61M-50.42M215.52M-64.75M158.71M26.61M-94.60M16.91M212.54M-119.78M444.74M-183.05M326.53M
Capital Expenditure0275.41K125.19K117.34K1.61M716.20K260.31K1.20M1.61M822.22K219.14K219.88K2.08M595.00K840.07K
Free Cash Flow41.14M35.52M32.40M32.72M67.08M67.56M81.90M86.08M101.74M99.75M107.71M64.99M142.72M86.67M161.05M
Dividends Paid5.78M10.87M10.47M16.85M22.32M28.83M39.11M47.99M39.44M53.98M55.37M57.02M59.51M63.41M68.55M
FCF to OCF100.00%99.23%99.62%99.64%97.66%98.95%99.68%98.63%98.44%99.18%99.80%99.66%98.56%99.32%99.48%
Dividend Paid to FCF14.04%30.61%32.31%51.49%33.28%42.67%47.75%55.75%38.77%54.11%51.40%87.73%41.70%73.16%42.56%

Earnings

Report DateJul 21, 2023Oct 19, 2023Feb 21, 2024Apr 25, 2024Jul 25, 2024Oct 24, 2024Feb 19, 2025Apr 23, 2025Jul 24, 2025Oct 23, 2025Feb 20, 2026Apr 23, 2026Jul 22, 2026Oct 22, 2026
EPS Estimate-0.370.400.410.430.340.340.490.480.490.490.510.460.30
EPS Actual1.380.210.591.400.301.20-1.190.270.280.261.370.551.05-
Surprise--43.24%47.50%241.46%-30.23%252.94%-450.00%-44.90%-41.67%-46.94%176.65%7.84%128.26%-
Timing-After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap3.04B
Enterprise Value3.82B
Trailing P/E7.21
Forward P/E13.66
Price / Sales9.98
Price / Book0.97
EPS4.54
Book Value35.05
Revenue (TTM)304.24M
Gross Profit (TTM)271.55M
EBITDA229.88M
Profit Margin132.16%
Operating Margin74.65%
Return on Equity14.14%
Return on Assets3.23%
Shares Outstanding92.79M
Shares Float73.30M
Beta0.27
Dividend Yield2.51%
Dividend Rate0.83
Payout Ratio25.64%

Analyst Ratings

Buy
Based on 5 analystsTarget 36.90
  • Strong Buy
    2
  • Buy
    2
  • Sell
    1

Ownership Breakdown

Institutions
14.11%
Insiders
0.00%
Retail / Other
85.89%

Top Institutional Holders

  • Wellington Management Company LLP
    1.84M1.98%
  • FMR Inc
    1.54M1.66%
  • Carmignac Gestion
    822.45K0.89%
  • Itau Unibanco Holding SA
    691.17K0.74%
  • CenterSquare Investment Management LLC
    563.01K0.61%
  • Lazard Asset Management LLC
    357.02K0.38%
  • Bank of America Corp
    218.18K0.24%
  • Grandeur Peak Global Advisors, LLC
    168.00K0.18%
  • BlackRock Inc
    157.26K0.17%
  • UBS Group AG
    80.96K0.09%
  • ABC arbitrage SA
    77.28K0.08%

Top Fund Holders

  • DWS Invest Latin American Eqs FC
    668.63K0.72%
  • Carmignac Emergents A EUR Acc
    513.20K0.55%
  • Strategic Advisers Fidelity Em Mkts
    308.74K0.33%
  • Carmignac Pf Emergents F EUR Acc
    260.67K0.28%
  • Fidelity Series Emerging Markets
    244.83K0.26%
  • GuideStone Funds Emerging Mkts Eq Instl
    141.32K0.15%
  • BlackRock Latin American Ord
    125.61K0.14%
  • DWS Latin America Equity S
    101.91K0.11%
  • Strategic Advisers Emerging Markets
    79.35K0.09%

Dividends

20264×
0.17Oct 14, 20260.20Jul 14, 20260.22May 5, 20260.20Jan 16, 2026
20254×
0.20Oct 14, 20250.20Jul 14, 20250.21Apr 14, 20250.19Jan 14, 2025
20244×
0.18Oct 11, 20240.15Jul 15, 20240.18Apr 12, 20240.14Jan 11, 2024
20232×
0.18Oct 12, 20230.17Jul 13, 2023