FIBRA Prologis
FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2025, the company's portfolio comprised 515 Investment Properties, totaling 87.0 million square feet (8.1 million square meters). This includes 348 logistics and manufacturing facilities across 6 industrial core markets in Mexico, comprising 65.7 million square feet (6.1 million square … Read more
FIBRA Prologis (FBBPF) - Net Assets
Latest net assets as of September 2025: $132.98 Billion USD
Based on the latest financial reports, FIBRA Prologis (FBBPF) has net assets worth $132.98 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($175.29 Billion) and total liabilities ($42.31 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 | $132.98 Billion |
| % of Total Assets | 75.86% |
| Annual Growth Rate | 22.01% |
| 5-Year Change | 256.3% |
| 10-Year Change | 482.94% |
| Growth Volatility | 28.39 |
FIBRA Prologis - Net Assets Trend (2014–2024)
This chart illustrates how FIBRA Prologis'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 Prologis (2014–2024)
The table below shows the annual net assets of FIBRA Prologis from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $144.45 Billion | +102.10% |
| 2023-12-31 | $71.48 Billion | +19.14% |
| 2022-12-31 | $59.99 Billion | +20.59% |
| 2021-12-31 | $49.75 Billion | +22.71% |
| 2020-12-31 | $40.54 Billion | +35.53% |
| 2019-12-31 | $29.91 Billion | -2.56% |
| 2018-12-31 | $30.70 Billion | +5.37% |
| 2017-12-31 | $29.13 Billion | -3.10% |
| 2016-12-31 | $30.07 Billion | +21.33% |
| 2015-12-31 | $24.78 Billion | +25.41% |
| 2014-12-31 | $19.76 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to FIBRA Prologis'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 6178.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.20 Billion | 40.86% |
| Common Stock | $67.17 Billion | 47.99% |
| Other Comprehensive Income | $15.60 Billion | 11.15% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $139.98 Billion | 100.00% |
FIBRA Prologis Competitors by Market Cap
The table below lists competitors of FIBRA Prologis ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OPENLANE, Inc.
NYSE:OPLN
|
$2.87 Billion |
|
Sam Yang Foods
KO:003230
|
$2.87 Billion |
|
Garrett Motion Inc
NASDAQ:GTX
|
$2.87 Billion |
|
Nippon Yusen Kabushiki Kaisha
PINK:NPNYY
|
$2.87 Billion |
|
Polaris Industries Inc
NYSE:PII
|
$2.86 Billion |
|
Diodes Incorporated
NASDAQ:DIOD
|
$2.86 Billion |
|
Eregli Demir ve Celik Fabrikalari TAS
IS:EREGL
|
$2.86 Billion |
|
Ultrapar Participações S.A
F:UGR
|
$2.86 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FIBRA Prologis's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,475,020,000 to 139,975,661,000, a change of 68,500,641,000 (95.8%).
- Net income of 23,835,615,000 contributed positively to equity growth.
- Dividend payments of 2,665,445,000 reduced retained earnings.
- Share repurchases of 1,083,701,000 reduced equity.
- New share issuances of 9,660,000,000 increased equity.
- Other comprehensive income increased equity by 19,285,933,998.
- Other factors increased equity by 19,468,238,002.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $23.84 Billion | +17.03% |
| Dividends Paid | $2.67 Billion | -1.9% |
| Share Repurchases | $1.08 Billion | -0.77% |
| Share Issuances | $9.66 Billion | +6.9% |
| Other Comprehensive Income | $19.29 Billion | +13.78% |
| Other Changes | $19.47 Billion | +13.91% |
| Total Change | $- | 95.84% |
Book Value vs Market Value Analysis
This analysis compares FIBRA Prologis'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: 0.03x
- 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 |
|---|---|---|---|
| 2014-12-31 | $31.31 | $3.37 | x |
| 2015-12-31 | $38.72 | $3.37 | x |
| 2016-12-31 | $46.98 | $3.37 | x |
| 2017-12-31 | $45.36 | $3.37 | x |
| 2018-12-31 | $47.39 | $3.37 | x |
| 2019-12-31 | $46.09 | $3.37 | x |
| 2020-12-31 | $50.06 | $3.37 | x |
| 2021-12-31 | $58.56 | $3.37 | x |
| 2022-12-31 | $67.30 | $3.37 | x |
| 2023-12-31 | $50.55 | $3.37 | x |
| 2024-12-31 | $101.00 | $3.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FIBRA Prologis 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): 17.03%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 282.67%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.38x
- Recent ROE (17.03%) is above the historical average (11.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 4.33% | 78.67% | 0.04x | 1.52x | $-1.12 Billion |
| 2015 | 9.95% | 92.58% | 0.07x | 1.47x | $-13.61 Million |
| 2016 | 6.12% | 56.76% | 0.07x | 1.52x | $-1.17 Billion |
| 2017 | 5.38% | 44.76% | 0.08x | 1.53x | $-1.35 Billion |
| 2018 | 9.68% | 80.91% | 0.08x | 1.55x | $-97.71 Million |
| 2019 | 7.22% | 56.45% | 0.09x | 1.50x | $-832.24 Million |
| 2020 | 8.79% | 76.42% | 0.08x | 1.43x | $-491.55 Million |
| 2021 | 20.06% | 203.39% | 0.07x | 1.45x | $5.00 Billion |
| 2022 | 12.58% | 136.17% | 0.07x | 1.31x | $1.55 Billion |
| 2023 | 21.03% | 268.12% | 0.06x | 1.23x | $7.88 Billion |
| 2024 | 17.03% | 282.67% | 0.04x | 1.38x | $9.84 Billion |
Industry Comparison
This section compares FIBRA Prologis's net assets metrics with peer companies in the REIT - Industrial industry.
Industry Context
- Industry: REIT - Industrial
- Average net assets among peers: $8,215,186,800
- Average return on equity (ROE) among peers: 8.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FIBRA Prologis (FBBPF) | $132.98 Billion | 4.33% | 0.32x | $2.86 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 |
| Fibra Terrafina (CBAOF) | $24.78 Billion | 3.83% | 0.61x | $1.16 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 |