Fibra Mty S.A.P.I. de C.V. (FMTY14) - Net Assets
Based on the latest financial reports, Fibra Mty S.A.P.I. de C.V. (FMTY14) has net assets worth MX$6.19 Billion MXN (≈ $356.25 Million USD) as of June 2020. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$129.12 Billion ≈ $7.43 Billion USD) and total liabilities (MX$122.93 Billion ≈ $7.07 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 Mty S.A.P.I. de C.V. (FMTY14) total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$6.19 Billion |
| % of Total Assets | 4.79% |
| Annual Growth Rate | 10.77% |
| 5-Year Change | 38.74% |
| 10-Year Change | N/A |
| Growth Volatility | 7.24 |
Fibra Mty S.A.P.I. de C.V. - Net Assets Trend (2017–2023)
This chart illustrates how Fibra Mty S.A.P.I. de C.V.'s net assets have evolved over time, based on quarterly financial data. Also explore how large is Fibra Mty S.A.P.I. de C.V.'s balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Fibra Mty S.A.P.I. de C.V. (2017–2023)
The table below shows the annual net assets of Fibra Mty S.A.P.I. de C.V. from 2017 to 2023. For live valuation and market cap data, see Fibra Mty S.A.P.I. de C.V. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | MX$8.66 Billion ≈ $498.39 Million |
+19.71% |
| 2022-12-31 | MX$7.23 Billion ≈ $416.32 Million |
-2.26% |
| 2021-12-31 | MX$7.40 Billion ≈ $425.93 Million |
+11.75% |
| 2020-12-31 | MX$6.62 Billion ≈ $381.16 Million |
+6.10% |
| 2019-12-31 | MX$6.24 Billion ≈ $359.23 Million |
+15.44% |
| 2018-12-31 | MX$5.41 Billion ≈ $311.17 Million |
+15.34% |
| 2017-12-31 | MX$4.69 Billion ≈ $269.80 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fibra Mty S.A.P.I. de C.V.'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 559.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$5.49 Billion | 63.35% |
| Other Components | MX$3.17 Billion | 36.65% |
| Total Equity | MX$8.66 Billion | 100.00% |
Fibra Mty S.A.P.I. de C.V. Competitors by Market Cap
The table below lists competitors of Fibra Mty S.A.P.I. de C.V. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yeh-Chiang Technology
TWO:6124
|
$8.93K |
|
KRUNG THAI -FGN- BA 515
F:KTB1
|
$8.96K |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
$9.11K |
|
Rivco Australia Ltd
AU:RIV
|
$9.19K |
|
Ordinary Fully Paid Deferred Settlement
AU:HRZDB
|
$8.24K |
|
musicMagpie PLC
LSE:MMAG
|
$8.10K |
|
Soosung Innovation Co. Ltd.
KQ:084180
|
$7.79K |
|
L1 Group Limited
AU:L1G
|
$7.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fibra Mty S.A.P.I. de C.V.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 7,234,000,000 to 8,660,000,000, a change of 1,426,000,000 (19.7%).
- Net income of 965,000,000 contributed positively to equity growth.
- Dividend payments of 110,000,000 reduced retained earnings.
- New share issuances of 600,000,000 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$965.00 Million | +11.14% |
| Dividends Paid | MX$110.00 Million | -1.27% |
| Share Issuances | MX$600.00 Million | +6.93% |
| Other Changes | MX$-29.00 Million | -0.33% |
| Total Change | MX$- | 19.71% |
Book Value vs Market Value Analysis
This analysis compares Fibra Mty S.A.P.I. de C.V.'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: 1.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.21x to 1.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | MX$72.12 | MX$15.10 | x |
| 2018-12-31 | MX$83.18 | MX$15.10 | x |
| 2019-12-31 | MX$96.03 | MX$15.10 | x |
| 2020-12-31 | MX$6.84 | MX$15.10 | x |
| 2021-12-31 | MX$7.65 | MX$15.10 | x |
| 2022-12-31 | MX$7.48 | MX$15.10 | x |
| 2023-12-31 | MX$8.95 | MX$15.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fibra Mty S.A.P.I. de C.V. 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): 11.14%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.26%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 18.04x
- Recent ROE (11.14%) is below the historical average (12.05%), 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 | 15.78% | 19.50% | 0.04x | 18.78x | MX$271.20 Million |
| 2018 | 13.41% | 19.84% | 0.04x | 17.89x | MX$184.30 Million |
| 2019 | 14.31% | 19.29% | 0.05x | 13.82x | MX$268.80 Million |
| 2020 | 9.01% | 13.94% | 0.04x | 14.76x | MX$-65.30 Million |
| 2021 | 9.76% | 16.42% | 0.05x | 13.03x | MX$-18.10 Million |
| 2022 | 10.96% | 14.55% | 0.06x | 11.67x | MX$69.60 Million |
| 2023 | 11.14% | 13.26% | 0.05x | 18.04x | MX$99.00 Million |
Industry Comparison
This section compares Fibra Mty S.A.P.I. de C.V.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $48,068,280,000
- Average return on equity (ROE) among peers: 8.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fibra Mty S.A.P.I. de C.V. (FMTY14) | MX$6.19 Billion | 15.78% | 19.86x | $8.28K |
| Credicorp Ltd (BAPN) | $29.58 Billion | 15.66% | 7.00x | $26.14 Billion |
| Banco del Bajío S.A. Institución de Banca Múltiple (BBAJIOO) | $8.34 Billion | 0.00% | 7.25x | $3.76 Billion |
| Grupo Financiero Inbursa S.A.B. de C.V (GFINBURO) | $28.77 Billion | 0.00% | 1.23x | $15.04 Billion |
| Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) | $174.46 Billion | 18.32% | 8.29x | $30.42 Billion |
| Lloyds Banking Group plc (LYGN) | $39.34 Billion | -2.13% | 20.41x | $79.09 Billion |
| Regional S.A.B. de C.V (RA) | $7.92 Billion | 18.09% | 10.98x | $2.77 Billion |
About Fibra Mty S.A.P.I. de C.V.
Fibra Mty, S.A.P.I. de C.V. is a Mexican real estate investment trust that initiated operations as Fibra Mty or FMTY. Fibra Mty's strategy is based mainly on the acquisition, administration, development, and operation of corporate properties in Mexico. Fibra Mty is a FIBRA qualified as a transparent entity under Mexican Income Tax laws; therefore, all revenues derived from Fibra Mty's operation a… Read more