Corporacion Inmobiliaria Vesta Sab - ADR
VTMX
Market Cap$2.42B
Close$
Earnings Call Q1 2024
April 26, 2024 - AI Summary
Vesta had a strong start to 2024, with leasing activity reaching 2 million square feet in the first quarter.
The company secured a significant pre-lease agreement with one of Latin America's largest e-commerce companies for 890,000 square feet of space in Mexico City.
Rental prices for industrial space in Mexico rose 22% year-on-year in Q1 2024, driven by nearshoring strength.
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$6.10
78.4% downside
Current Fair Value
78.4% downsideOvervalued by 78.4% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $2.42 Billion |
|---|---|
| Enterprise Value | $3.25 Billion |
| Dividend Yield | $0.71 (2.62%) |
| Earnings per Share | $5.08 |
| Beta | 0.48 |
| Outstanding Shares | 87,419,825 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 5.64 |
|---|---|
| PEG | -7.61 |
| Price to Sales | 14.11 |
| Price to Book Ratio | 0.97 |
| Enterprise Value to Revenue | 16.62 |
| Enterprise Value to EBIT | 21.73 |
| Enterprise Value to Net Income | 190 |
| Total Debt to Enterprise | 0.28 |
| Debt to Equity | 0.35 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Corporacion Inmobiliaria Vesta Sab
CEO: Lorenzo Manuel Berho Corona