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, and leases industrial buildings and distribution facilities in Mexico. Corporación Inmobiliaria Vesta, S.A.B. de C.V. was incorporated in 1996 and is headquartered in Mexico City, Mexico.
Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTF) - Net Assets
Latest net assets as of June 2025: $2.54 Billion USD
Based on the latest financial reports, Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTF) has net assets worth $2.54 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 ($4.02 Billion) and total liabilities ($1.47 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 | $2.54 Billion |
| % of Total Assets | 63.32% |
| Annual Growth Rate | 18.18% |
| 5-Year Change | 134.27% |
| 10-Year Change | 166.45% |
| Growth Volatility | 27.13 |
Corporación Inmobiliaria Vesta S.A.B. de C.V - Net Assets Trend (2010–2024)
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. Explore and compare other companies by net assets.
Annual Net Assets for Corporación Inmobiliaria Vesta S.A.B. de C.V (2010–2024)
The table below shows the annual net assets of Corporación Inmobiliaria Vesta S.A.B. de C.V from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.60 Billion | +4.44% |
| 2023-12-31 | $2.49 Billion | +51.66% |
| 2022-12-31 | $1.64 Billion | +12.81% |
| 2021-12-31 | $1.45 Billion | +31.12% |
| 2020-12-31 | $1.11 Billion | -0.22% |
| 2019-12-31 | $1.11 Billion | +5.45% |
| 2018-12-31 | $1.05 Billion | +3.07% |
| 2017-12-31 | $1.02 Billion | +6.56% |
| 2016-12-31 | $959.38 Million | -1.58% |
| 2015-12-31 | $974.79 Million | +22.19% |
| 2014-12-31 | $797.74 Million | +1.03% |
| 2013-12-31 | $789.59 Million | +52.66% |
| 2012-12-31 | $517.23 Million | +95.50% |
| 2011-12-31 | $264.56 Million | +5.65% |
| 2010-12-31 | $250.41 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 1238.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.15 Billion | 44.22% |
| Common Stock | $585.49 Million | 22.54% |
| Other Comprehensive Income | $-46.21 Million | -1.78% |
| Other Components | $909.61 Million | 35.02% |
| Total Equity | $2.60 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 |
|---|---|
|
Sunrise Communications AG
NASDAQ:SNRE
|
$2.22 Billion |
|
DELIVEROO PLC
F:926
|
$2.22 Billion |
|
Nuvei Corp
NASDAQ:NVEI
|
$2.22 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
$2.22 Billion |
|
Hanmi Pharm Co Ltd
KO:128940
|
$2.22 Billion |
|
Valeo SA
PA:FR
|
$2.21 Billion |
|
UNO Minda Limited
NSE:UNOMINDA
|
$2.21 Billion |
|
NORTHERN OIL A.GAS DL-001
F:4LT1
|
$2.21 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 2023 to 2024, total equity changed from 2,486,968,425 to 2,597,284,183, a change of 110,315,758 (4.4%).
- Net income of 223,346,346 contributed positively to equity growth.
- Dividend payments of 63,670,176 reduced retained earnings.
- Share repurchases of 44,165,790 reduced equity.
- Other comprehensive income decreased equity by 16,893,150.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $223.35 Million | +8.6% |
| Dividends Paid | $63.67 Million | -2.45% |
| Share Repurchases | $44.17 Million | -1.7% |
| Other Comprehensive Income | $-16.89 Million | -0.65% |
| Other Changes | $11.70 Million | +0.45% |
| Total Change | $- | 4.44% |
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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.33x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $1.18 | $3.91 | x |
| 2011-12-31 | $1.00 | $3.91 | x |
| 2012-12-31 | $1.75 | $3.91 | x |
| 2013-12-31 | $1.75 | $3.91 | x |
| 2014-12-31 | $1.57 | $3.91 | x |
| 2015-12-31 | $1.57 | $3.91 | x |
| 2016-12-31 | $1.52 | $3.91 | x |
| 2017-12-31 | $1.68 | $3.91 | x |
| 2018-12-31 | $1.76 | $3.91 | x |
| 2019-12-31 | $1.89 | $3.91 | x |
| 2020-12-31 | $1.93 | $3.91 | x |
| 2021-12-31 | $2.10 | $3.91 | x |
| 2022-12-31 | $2.36 | $3.91 | x |
| 2023-12-31 | $3.23 | $3.91 | x |
| 2024-12-31 | $2.94 | $3.91 | 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): 8.60%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.51%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.52x
- Recent ROE (8.60%) is above the historical average (7.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | -2.99% | -14.89% | 0.08x | 2.58x | $-32.52 Million |
| 2011 | 5.02% | 26.46% | 0.07x | 2.56x | $-13.16 Million |
| 2012 | 7.90% | 78.75% | 0.06x | 1.78x | $-10.88 Million |
| 2013 | 11.33% | 152.82% | 0.05x | 1.55x | $10.47 Million |
| 2014 | 3.04% | 34.94% | 0.06x | 1.56x | $-55.55 Million |
| 2015 | -0.39% | -4.87% | 0.05x | 1.52x | $-101.30 Million |
| 2016 | 4.70% | 49.81% | 0.06x | 1.56x | $-50.86 Million |
| 2017 | 12.33% | 115.17% | 0.06x | 1.79x | $23.80 Million |
| 2018 | 8.83% | 70.14% | 0.07x | 1.89x | $-12.31 Million |
| 2019 | 12.11% | 93.24% | 0.07x | 1.88x | $23.50 Million |
| 2020 | 6.04% | 44.68% | 0.07x | 2.03x | $-43.91 Million |
| 2021 | 11.97% | 108.18% | 0.06x | 1.90x | $28.58 Million |
| 2022 | 14.86% | 136.85% | 0.06x | 1.80x | $79.65 Million |
| 2023 | 12.73% | 147.64% | 0.06x | 1.52x | $67.94 Million |
| 2024 | 8.60% | 88.51% | 0.06x | 1.52x | $-36.38 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: $44,839,195,622
- Average return on equity (ROE) among peers: 5.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Corporación Inmobiliaria Vesta S.A.B. de C.V (VESTF) | $2.54 Billion | -2.99% | 0.58x | $2.22 Billion |
| Fastighets AB Balder (publ) (BALDF) | $4.66 Billion | 37.66% | 2.23x | $4.42 Billion |
| Bresler & Reiner Inc (BRER) | $221.94 Million | -4.18% | 3.15x | $286.68 |
| Chinese Estates Holdings Limited (CESTF) | $28.78 Billion | 2.16% | 0.30x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $15.17 Billion | 14.49% | 1.89x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-732.85K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $365.79 Billion | 19.02% | 1.75x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $5.22 Million | -14.85% | 0.39x | $551.28 |
| Frasers Property Limited (FSRPF) | $15.12 Billion | 1.24% | 1.56x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.92 |
| Great Eagle Holdings Limited (GEAHF) | $18.67 Billion | 1.67% | 1.04x | $355.22 Million |