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Explore 3 Stock Ideas & Industry Insights Download Free Report

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

Company price
37.73 USD -0.14 ( 0.37%)
Last update at 2026-11-12T15:45:00Z
VOLUME
36172
Market Cap
2604.49M
P/E
8.74

Momentum Score

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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. The company was incorporated in 1998 and is headquartered in Mexico City, Mexico.

Source: TradingView
The charts and visual representations are sourced from TradingView through embedded widgets. For any issues with chart display, please visit the TradingView website

Day Price Range
37.26
Low
37.94
High
52 Week Price Range
28.96
Low
40.42
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Corporación Inmobiliaria Vesta is a Mexican industrial real estate developer, owner and manager that builds, leases and operates warehouses and logistics facilities for manufacturing and distribution customers across key Mexican industrial corridors. Long-term growth drivers include Mexico's manufacturing and nearshoring trends, rising e-commerce logistics demand and its development pipeline and landbank, which may benefit rental income and scale; investors may find exposure to recurring cash flows in the Mexican logistics market attractive.
Key risks include sensitivity to Mexican economic and trade cycles, tenant concentration, development execution and higher financing costs driven by interest-rate or currency movements, which investors should monitor.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
37.87
Dividend Yield
2.31%
Revenue TTM
205.95M
Revenue Per Share
2.87
Gross Profit TTM
166.60M
Debt / Equity
0.57
ROE
14.92%
Net Debt
792.95M
ROCE
4.95%
Diluted EPS TTM
3.60

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Income before tax 291.85M 256.03M - -
Net income 243.62M 173.94M - -
Selling general administrative 21.92M 18.93M - -
Selling and marketing expenses 1.03M 0.87M - -
Gross profit 166.60M 150.06M - -
Reconciled depreciation 1.46M 1.60M - -
Ebit 143.32M 123.06M 121.04M 117.10M
Ebitda 144.79M 124.66M - -
Depreciation and amortization 1.46M 1.60M - -
Operating income 143.32M 123.06M - -
Other operating expenses 35.69M 32.08M 0.03M 0.03M
Interest expense 44.85M 44.67M - -
Tax provision 48.22M 82.09M - -
Interest income 2.64M 0.08M - -
Net interest income -43.76M -50.19M - -
Income tax expense 48.22M 82.09M 60.55M 50.59M
Total revenue 178.03M 160.79M - -
Total operating expenses 24.27M 21.36M - -
Cost of revenue 11.42M 10.73M - -
Total other income expense net 193.27M 177.52M - -
Net income from continuing ops 243.62M 173.94M - -
Net income applicable to common shares 243.62M 173.94M 66.96M 133.32M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 2953.16M 2759.87M - - -
Other current assets 0.54M 0.50M 1.23M 1.30M -
Total liab 1313.37M 1306.24M - - -
Total stockholder equity 1639.79M 1453.63M - - -
Other current liab 38.19M 60.87M 17.05M 14.83M -
Common stock 480.62M 482.86M 422.44M 426.30M -
Capital stock 480.62M 482.86M - - -
Retained earnings 733.41M 547.21M 429.05M 416.23M -
Other liab 318.66M 307.45M 274.80M 242.16M -
Other assets 9.60M 11.51M 4.51M 4.46M -
Cash 139.06M 452.80M - - -
Total current liabilities 60.05M 67.23M 28.45M 26.05M -
Net debt 792.95M 482.11M - - -
Short term debt 5.23M 3.35M - - -
Short long term debt 4.63M 2.88M - - -
Short long term debt total 932.00M 934.91M - - -
Other stockholder equity 460.68M 466.23M -39.89M -35.15M -
Property plant equipment 2741.32M 2266.63M 2106.73M 1993.30M -
Total current assets 202.23M 481.72M 142.87M 95.77M -
Net tangible assets 1639.79M 1453.63M 1108.66M 1111.12M -
Net receivables 45.26M 28.42M 21.22M 18.64M -
Long term debt 925.87M 930.65M - - -
Inventory 17.37M - - - -
Accounts payable 16.63M 3.01M 1.83M 2.54M -
Accumulated other comprehensive income -34.92M -42.68M - - -
Non currrent assets other 2748.07M 2274.68M - - -
Non current assets total 2750.92M 2278.15M - - -
Capital lease obligations 1.50M 1.38M - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -262.16M 15.95M - -0.08M
Change to liabilities -1.62M -0.23M -0.71M 0.68M
Total cashflows from investing activities -254.67M 15.95M -73.35M 1.27M
Net borrowings -0.65M 96.94M 123.67M 14.45M
Total cash from financing activities -119.78M 212.54M 16.91M -94.60M
Change to operating activities -30.54M 5.81M 1.33M 1.02M
Net income 291.85M 256.03M 66.96M 134.61M
Change in cash -313.67M 332.28M 45.48M 10.58M
Begin period cash flow 453.56M 121.28M - -
End period cash flow 139.88M 453.56M 121.28M -
Total cash from operating activities 65.21M 107.93M 100.57M 103.35M
Issuance of capital stock 0.00M 229.22M - -
Depreciation 1.46M 1.60M 1.48M 1.49M
Other cashflows from investing activities - - - 0.07M
Dividends paid -57.02M -55.37M 53.98M 39.44M
Change to account receivables 1.35M -2.68M 1.91M -0.14M
Sale purchase of stock -15.60M 305.53M - -
Other cashflows from financing activities -46.51M 291.76M -37.99M -41.70M
Change to netincome -147.38M -70.78M 32.98M -32.49M
Capital expenditures 0.22M 0.22M 0.82M 1.61M
Change in working capital -34.04M -0.93M - -
Stock based compensation 6.65M 5.55M - -
Other non cash items -200.71M -154.33M - -
Free cash flow 64.99M 107.71M - -

Peer Comparison*

Sector: Real Estate Industry: Real Estate - Development

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
VTMX
Corporación Inmobiliaria Vesta, S.A.B de C.V.
-0.14
0.37%
37.73 8.74 - - -
SUHJF
Sun Hung Kai Properties Limited
-
-%
13.96 15.85 15.43 0.46 0.53
SUHJY
Sun Hung Kai Properties Ltd
-0.04
0.28%
14.30 14.81 14.66 0.43 0.51
CRBJF
China Resources Land Ltd
-
-%
3.80 7.31 5.83 0.10 0.64
CRBJY
China Resources Land Ltd ADR
-
-%
39.05 7.21 6.05 0.10 0.66

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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