FIBRA Macquarie México (FIBRAMQ12) - Net Assets
Based on the latest financial reports, FIBRA Macquarie México (FIBRAMQ12) has net assets worth MX$42.01 Billion MXN (≈ $2.42 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$64.09 Billion ≈ $3.69 Billion USD) and total liabilities (MX$22.09 Billion ≈ $1.27 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read FIBRA Macquarie México debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$42.01 Billion |
| % of Total Assets | 65.54% |
| Annual Growth Rate | 5.51% |
| 5-Year Change | 26.44% |
| 10-Year Change | N/A |
| Growth Volatility | 11.99 |
FIBRA Macquarie México - Net Assets Trend (2017–2025)
This chart illustrates how FIBRA Macquarie México's net assets have evolved over time, based on quarterly financial data. Also explore how large is FIBRA Macquarie México's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for FIBRA Macquarie México (2017–2025)
The table below shows the annual net assets of FIBRA Macquarie México from 2017 to 2025. For live valuation and market cap data, see FIBRAMQ12 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$42.01 Billion ≈ $2.42 Billion |
-9.29% |
| 2024-12-31 | MX$46.31 Billion ≈ $2.67 Billion |
+27.47% |
| 2023-12-31 | MX$36.33 Billion ≈ $2.09 Billion |
+5.12% |
| 2022-12-31 | MX$34.56 Billion ≈ $1.99 Billion |
+4.02% |
| 2021-12-31 | MX$33.22 Billion ≈ $1.91 Billion |
+23.59% |
| 2020-12-31 | MX$26.88 Billion ≈ $1.55 Billion |
+1.24% |
| 2019-12-31 | MX$26.55 Billion ≈ $1.53 Billion |
-3.27% |
| 2018-12-31 | MX$27.45 Billion ≈ $1.58 Billion |
+0.33% |
| 2017-12-31 | MX$27.36 Billion ≈ $1.57 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to FIBRA Macquarie México's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 147.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$22.90 Billion | 55.30% |
| Other Components | MX$18.51 Billion | 44.70% |
| Total Equity | MX$41.41 Billion | 100.00% |
FIBRA Macquarie México Competitors by Market Cap
The table below lists competitors of FIBRA Macquarie México ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cal-Comp Electronics (Thailand) Public Company Limited
BK:CCET
|
$1.99 Billion |
|
WK Kellogg Co
NYSE:KLG
|
$1.99 Billion |
|
Werner Enterprises Inc
NASDAQ:WERN
|
$1.99 Billion |
|
BaoViet Holdings
VN:BVH
|
$1.99 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
$1.99 Billion |
|
Shenzhen Rongda Photosensitive & Technology Co Ltd
SHE:300576
|
$1.99 Billion |
|
Costamare Inc
NYSE:CMRE
|
$1.99 Billion |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672
|
$1.99 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIBRA Macquarie México's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 45,788,434,000 to 41,406,799,000, a change of -4,381,635,000 (-9.6%).
- Net loss of 2,383,255,000 reduced equity.
- Dividend payments of 1,813,883,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$-2.38 Billion | -5.76% |
| Dividends Paid | MX$1.81 Billion | -4.38% |
| Other Changes | MX$-184.50 Million | -0.45% |
| Total Change | MX$- | -9.57% |
Book Value vs Market Value Analysis
This analysis compares FIBRA Macquarie México's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.27x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$34.20 | MX$43.30 | x |
| 2018-12-31 | MX$35.65 | MX$43.30 | x |
| 2019-12-31 | MX$34.67 | MX$43.30 | x |
| 2020-12-31 | MX$34.97 | MX$43.30 | x |
| 2021-12-31 | MX$43.31 | MX$43.30 | x |
| 2022-12-31 | MX$45.08 | MX$43.30 | x |
| 2023-12-31 | MX$45.20 | MX$43.30 | x |
| 2024-12-31 | MX$57.43 | MX$43.30 | x |
| 2025-12-31 | MX$51.93 | MX$43.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIBRA Macquarie México utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -5.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -47.05%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.55x
- Recent ROE (-5.76%) is below the historical average (9.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 6.73% | 52.58% | 0.08x | 1.63x | MX$-895.61 Million |
| 2018 | 7.07% | 54.40% | 0.08x | 1.59x | MX$-804.60 Million |
| 2019 | 2.02% | 14.66% | 0.09x | 1.61x | MX$-2.12 Billion |
| 2020 | 6.02% | 39.79% | 0.09x | 1.67x | MX$-1.06 Billion |
| 2021 | 23.63% | 202.50% | 0.08x | 1.54x | MX$4.49 Billion |
| 2022 | 8.30% | 69.85% | 0.08x | 1.53x | MX$-583.82 Million |
| 2023 | 11.01% | 97.00% | 0.08x | 1.47x | MX$363.51 Million |
| 2024 | 26.04% | 261.00% | 0.07x | 1.49x | MX$7.35 Billion |
| 2025 | -5.76% | -47.05% | 0.08x | 1.55x | MX$-6.52 Billion |
Industry Comparison
This section compares FIBRA Macquarie México's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $31,175,321,500
- Average return on equity (ROE) among peers: 11.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIBRA Macquarie México (FIBRAMQ12) | MX$42.01 Billion | 6.73% | 0.53x | $1.99 Billion |
| FIBRA Prologis (FIBRAPL14) | $29.13 Billion | 5.38% | 0.53x | $16.84 Billion |
| Fibra Terrafina (TERRA13) | $33.22 Billion | 18.59% | 0.64x | $1.69 Billion |
About FIBRA Macquarie México
FIBRA Macquarie Mexico is a real estate investment trust or FIBRA. The firm is listed on the Mexican Securities Exchange, specialized in industrial opportunities, commercial and office in Mexico, with a primary focus on stabilized properties and revenue-generating. As of December 31, 2025, FIBRA Macquarie's portfolio consists of 245 industrial properties and 17 commercial/office properties locate… Read more