Fibra Terrafina
FIBRA Terrafina is a Mexican real estate investment trust formed primarily to acquire, develop, lease and manage industrial real estate properties in Mexico. Terrafina's portfolio consists of attractive, strategically located warehouses and other light manufacturing properties throughout the Central, Bajío and Northern regions of Mexico.
Fibra Terrafina (CBAOF) - Net Assets
Latest net assets as of June 2025: $43.44 Billion USD
Based on the latest financial reports, Fibra Terrafina (CBAOF) has net assets worth $43.44 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($63.31 Billion) and total liabilities ($19.87 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $43.44 Billion |
| % of Total Assets | 68.62% |
| Annual Growth Rate | 14.38% |
| 5-Year Change | 62.98% |
| 10-Year Change | 121.95% |
| Growth Volatility | 19.71 |
Fibra Terrafina - Net Assets Trend (2013–2024)
This chart illustrates how Fibra Terrafina's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fibra Terrafina (2013–2024)
The table below shows the annual net assets of Fibra Terrafina from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $46.72 Billion | +28.17% |
| 2023-12-31 | $36.45 Billion | -0.41% |
| 2022-12-31 | $36.60 Billion | +10.19% |
| 2021-12-31 | $33.22 Billion | +15.88% |
| 2020-12-31 | $28.66 Billion | +3.98% |
| 2019-12-31 | $27.57 Billion | -3.42% |
| 2018-12-31 | $28.55 Billion | -1.78% |
| 2017-12-31 | $29.06 Billion | +17.28% |
| 2016-12-31 | $24.78 Billion | +17.72% |
| 2015-12-31 | $21.05 Billion | +15.77% |
| 2014-12-31 | $18.18 Billion | +70.59% |
| 2013-12-31 | $10.66 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fibra Terrafina'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 6660.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.66 Billion | 35.66% |
| Common Stock | $18.40 Billion | 39.39% |
| Other Components | $11.66 Billion | 24.95% |
| Total Equity | $46.72 Billion | 100.00% |
Fibra Terrafina Competitors by Market Cap
The table below lists competitors of Fibra Terrafina ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DEUTZ Aktiengesellschaft
PINK:DEUZF
|
$1.16 Billion |
|
Verint Systems Inc
NASDAQ:VRNT
|
$1.16 Billion |
|
Infore Environment Technology Group Co Ltd
SHE:000967
|
$1.16 Billion |
|
Jiangsu Wujiang Rural Coml Bk
SHG:603323
|
$1.16 Billion |
|
China Bester Group Telecom Co Ltd
SHG:603220
|
$1.16 Billion |
|
S-1 Corp
KO:012750
|
$1.16 Billion |
|
Invisio AB
LSE:0R86
|
$1.16 Billion |
|
Mr D.I.Y. Group (M) Berhad
OTCGREY:MDIYF
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fibra Terrafina's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,450,058,000 to 46,718,798,000, a change of 10,268,740,000 (28.2%).
- Net income of 3,844,764,000 contributed positively to equity growth.
- Dividend payments of 2,267,503,000 reduced retained earnings.
- Other comprehensive income decreased equity by 3,540,848,999.
- Other factors increased equity by 12,232,327,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.84 Billion | +8.23% |
| Dividends Paid | $2.27 Billion | -4.85% |
| Other Comprehensive Income | $-3.54 Billion | -7.58% |
| Other Changes | $12.23 Billion | +26.18% |
| Total Change | $- | 28.17% |
Book Value vs Market Value Analysis
This analysis compares Fibra Terrafina'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: 0.02x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $27.97 | $1.50 | x |
| 2014-12-31 | $30.18 | $1.50 | x |
| 2015-12-31 | $25.82 | $1.50 | x |
| 2016-12-31 | $40.80 | $1.50 | x |
| 2017-12-31 | $36.74 | $1.50 | x |
| 2018-12-31 | $36.11 | $1.50 | x |
| 2019-12-31 | $34.87 | $1.50 | x |
| 2020-12-31 | $36.26 | $1.50 | x |
| 2021-12-31 | $42.02 | $1.50 | x |
| 2022-12-31 | $46.95 | $1.50 | x |
| 2023-12-31 | $47.19 | $1.50 | x |
| 2024-12-31 | $60.01 | $1.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fibra Terrafina 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.58%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.51x
- Recent ROE (8.23%) is below the historical average (8.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.82% | 53.15% | 0.04x | 2.18x | $-552.03 Million |
| 2014 | 2.68% | 27.32% | 0.06x | 1.63x | $-1.33 Billion |
| 2015 | 3.52% | 36.35% | 0.06x | 1.61x | $-1.36 Billion |
| 2016 | 3.83% | 38.05% | 0.06x | 1.61x | $-1.53 Billion |
| 2017 | 3.78% | 34.46% | 0.06x | 1.74x | $-1.81 Billion |
| 2018 | 5.16% | 39.78% | 0.08x | 1.71x | $-1.38 Billion |
| 2019 | 10.50% | 75.59% | 0.08x | 1.76x | $137.74 Million |
| 2020 | 3.64% | 24.64% | 0.09x | 1.73x | $-1.82 Billion |
| 2021 | 18.59% | 161.22% | 0.07x | 1.64x | $2.85 Billion |
| 2022 | 18.57% | 169.61% | 0.07x | 1.50x | $3.14 Billion |
| 2023 | 18.34% | 175.20% | 0.07x | 1.49x | $3.04 Billion |
| 2024 | 8.23% | 93.58% | 0.06x | 1.51x | $-827.12 Million |
Industry Comparison
This section compares Fibra Terrafina's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $6,374,604,333
- Average return on equity (ROE) among peers: 9.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fibra Terrafina (CBAOF) | $43.44 Billion | 4.82% | 0.46x | $1.16 Billion |
| Ascendas Real Estate Investment Trust (ACDSF) | $10.31 Billion | 7.41% | 0.77x | $9.40 Billion |
| BWP Trust (BUNNF) | $2.84 Billion | 9.35% | 0.32x | $1.54 Billion |
| Big Yellow Group Plc (BYLOF) | $1.45 Billion | 18.24% | 0.27x | $2.16 Billion |
| ESR-REIT (CGIUF) | $1.66 Billion | 0.37% | 0.95x | $119.59 Million |
| Americold Realty Trust (COLD) | $706.75 Million | 6.79% | 2.58x | $3.22 Billion |
| CubeSmart (CUBE) | $2.95 Billion | 13.24% | 1.16x | $8.79 Billion |
| FIBRA Macquarie México (DBMBF) | $36.33 Billion | 10.92% | 0.46x | $1.13 Billion |
| DHAWF (DHAWF) | $549.25 Million | 4.93% | 1.21x | $146.66 Million |
| Dream Industrial Real Estate Investment Trust (DREUF) | $570.82 Million | 14.71% | 1.79x | $2.10 Billion |