Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTA) - Net Assets
Based on the latest financial reports, Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTA) has net assets worth MX$2.86 Billion MXN (≈ $164.52 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$4.51 Billion ≈ $259.77 Million USD) and total liabilities (MX$1.66 Billion ≈ $95.25 Million 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. Check VESTA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$2.86 Billion |
| % of Total Assets | 63.33% |
| Annual Growth Rate | 14.76% |
| 5-Year Change | 89.03% |
| 10-Year Change | 186.41% |
| Growth Volatility | 25.94 |
Corporación Inmobiliaria Vesta S.A.B. de C.V - Net Assets Trend (2008–2025)
This chart illustrates how Corporación Inmobiliaria Vesta S.A.B. de C.V's net assets have evolved over time, based on quarterly financial data. See Corporación Inmobiliaria Vesta S.A.B. de (VESTA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Corporación Inmobiliaria Vesta S.A.B. de C.V (2008–2025)
The table below shows the annual net assets of Corporación Inmobiliaria Vesta S.A.B. de C.V from 2008 to 2025. For live valuation and market cap data, see Corporación Inmobiliaria Vesta S.A.B. de (VESTA) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$2.75 Billion ≈ $158.13 Million |
+5.79% |
| 2024-12-31 | MX$2.60 Billion ≈ $149.47 Million |
+4.44% |
| 2023-12-31 | MX$2.49 Billion ≈ $143.13 Million |
+51.66% |
| 2022-12-31 | MX$1.64 Billion ≈ $94.37 Million |
+12.81% |
| 2021-12-31 | MX$1.45 Billion ≈ $83.66 Million |
+31.12% |
| 2020-12-31 | MX$1.11 Billion ≈ $63.80 Million |
-0.22% |
| 2019-12-31 | MX$1.11 Billion ≈ $63.95 Million |
+5.45% |
| 2018-12-31 | MX$1.05 Billion ≈ $60.64 Million |
+3.07% |
| 2017-12-31 | MX$1.02 Billion ≈ $58.84 Million |
+6.56% |
| 2016-12-31 | MX$959.38 Million ≈ $55.21 Million |
-1.58% |
| 2015-12-31 | MX$974.79 Million ≈ $56.10 Million |
+22.19% |
| 2014-12-31 | MX$797.74 Million ≈ $45.91 Million |
+1.03% |
| 2013-12-31 | MX$789.59 Million ≈ $45.44 Million |
+52.66% |
| 2012-12-31 | MX$517.23 Million ≈ $29.77 Million |
+95.50% |
| 2011-12-31 | MX$264.56 Million ≈ $15.23 Million |
+5.65% |
| 2010-12-31 | MX$250.41 Million ≈ $14.41 Million |
-7.23% |
| 2009-12-31 | MX$269.92 Million ≈ $15.53 Million |
+1.98% |
| 2008-12-31 | MX$264.68 Million ≈ $15.23 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Corporación Inmobiliaria Vesta S.A.B. 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 1337.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$1.32 Billion | 48.07% |
| Other Components | MX$1.43 Billion | 51.93% |
| Total Equity | MX$2.75 Billion | 100.00% |
Corporación Inmobiliaria Vesta S.A.B. de C.V Competitors by Market Cap
The table below lists competitors of Corporación Inmobiliaria Vesta S.A.B. de C.V ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telefonaktiebolaget LM Ericsson (publ)
ST:ERIC-A
|
$3.12 Billion |
|
Nicolet Bankshares Inc.
NYSE:NIC
|
$3.12 Billion |
|
Alliance Resource Partners LP
NASDAQ:ARLP
|
$3.13 Billion |
|
WIENERBERGER ADR 1/5/O.N.
F:WIBA
|
$3.13 Billion |
|
Hayward Holdings Inc
NYSE:HAYW
|
$3.12 Billion |
|
Rev Group Inc
NYSE:REVG
|
$3.12 Billion |
|
CRRC Corporation Limited
F:C2L
|
$3.12 Billion |
|
EXOSENS PROM
PA:EXENS
|
$3.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Corporación Inmobiliaria Vesta S.A.B. de C.V's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,597,284,183 to 2,747,756,742, a change of 150,472,559 (5.8%).
- Net income of 241,902,323 contributed positively to equity growth.
- Dividend payments of 68,325,102 reduced retained earnings.
- Share repurchases of 36,415,845 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$241.90 Million | +8.8% |
| Dividends Paid | MX$68.33 Million | -2.49% |
| Share Repurchases | MX$36.42 Million | -1.33% |
| Other Changes | MX$13.31 Million | +0.48% |
| Total Change | MX$- | 5.79% |
Book Value vs Market Value Analysis
This analysis compares Corporación Inmobiliaria Vesta S.A.B. 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: 18.14x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 34.60x to 18.14x 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$1.70 | MX$58.93 | x |
| 2018-12-31 | MX$1.78 | MX$58.93 | x |
| 2019-12-31 | MX$1.94 | MX$58.93 | x |
| 2020-12-31 | MX$2.12 | MX$58.93 | x |
| 2021-12-31 | MX$2.17 | MX$58.93 | x |
| 2022-12-31 | MX$2.48 | MX$58.93 | x |
| 2023-12-31 | MX$2.86 | MX$58.93 | x |
| 2024-12-31 | MX$3.03 | MX$58.93 | x |
| 2025-12-31 | MX$3.25 | MX$58.93 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Corporación Inmobiliaria Vesta S.A.B. de C.V utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.80%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 85.41%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.65x
- Recent ROE (8.80%) is above the historical average (8.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 7.90% | 52.92% | 0.08x | 1.78x | MX$-10.88 Million |
| 2013 | 11.33% | 55.71% | 0.13x | 1.55x | MX$10.48 Million |
| 2014 | 3.04% | 23.13% | 0.08x | 1.56x | MX$-55.55 Million |
| 2015 | -0.39% | -4.87% | 0.05x | 1.52x | MX$-101.30 Million |
| 2016 | 4.70% | 49.81% | 0.06x | 1.56x | MX$-50.86 Million |
| 2017 | 12.33% | 115.17% | 0.06x | 1.79x | MX$23.80 Million |
| 2018 | 8.83% | 70.14% | 0.07x | 1.89x | MX$-12.31 Million |
| 2019 | 12.11% | 93.24% | 0.07x | 1.88x | MX$23.50 Million |
| 2020 | 6.04% | 44.68% | 0.07x | 2.03x | MX$-43.91 Million |
| 2021 | 11.97% | 108.18% | 0.06x | 1.90x | MX$28.58 Million |
| 2022 | 14.86% | 136.85% | 0.06x | 1.80x | MX$79.65 Million |
| 2023 | 12.73% | 147.64% | 0.06x | 1.52x | MX$67.94 Million |
| 2024 | 8.60% | 88.51% | 0.06x | 1.52x | MX$-36.38 Million |
| 2025 | 8.80% | 85.41% | 0.06x | 1.65x | MX$-32.87 Million |
Industry Comparison
This section compares Corporación Inmobiliaria Vesta S.A.B. de C.V's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $18,923,495,000
- Average return on equity (ROE) among peers: 4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTA) | MX$2.86 Billion | 7.90% | 0.58x | $3.12 Billion |
| Grupo Gicsa S.A. de C.V (GICSAB) | $18.92 Billion | 4.75% | 1.42x | $311.66 Million |
About Corporación Inmobiliaria Vesta S.A.B. de C.V
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, … Read more