VTMX

Vesta Real Estate Corporation SAB de CV

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Advanced Chart

26.640

+0.12(0.452%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

26.790

Open

25.280

VWAP

26.35

Vol

129.99K

Mkt Cap

23.51B

Low

25.280

Amount

3.43M

EV/EBITDA(TTM)

15.30

Total Shares

87.42M

3.11B

EV/OCF(TTM)

28.89

P/S(TTM)

9.07

Vesta Real Estate Corporation SAB de CV (Vesta) is a Mexico-based company engaged in the real estate sector. The Company’s scope of activities includes development, sale, purchase, rental, and administration of industrial buildings as well as distribution centers in Mexico. In addition, the Company provides solutions for light manufacturing, distribution, and e-commerce operation. Vesta’s activities are present in multiple states of Mexico with over 200 functioning industrial buildings. The real estate operations performed by the Firm support industries such as automotive, food and beverages, logistics as well as plastics. The Company has a number of subsidiaries in Mexico, such as CIV Infraestructura S de RL de CV, Proyectos Aeroespaciales S de RL de CV, QVC II S de RL de CV, as well as Vesta Baja California S de RL de CV, among others.

1 Analyst Rating

38.89% Upside

Wall Street analysts forecast VTMX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for VTMX is 37.00 USD with a low forecast of 37.00 USD and a high forecast of 37.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

0 Hold

0 Sell

Moderate Buy

38.89% Upside

Current: 26.640

Low

37.00

Averages

37.00

High

37.00

38.89% Upside

Current: 26.640

Low

37.00

Averages

37.00

High

37.00

UBS

Buy

downgrade

$38 -> $36

2025-07-18

Reason

UBS

Price Target

$38 -> $36

2025-07-18

downgrade

Buy

Reason

UBS lowered the firm's price target on Inmobiliaria Vesta to $36 from $38 and keeps a Buy rating on the shares.

Barclays

Overweight

maintain

$34 -> $37

2025-06-23

Reason

Barclays

Price Target

$34 -> $37

2025-06-23

maintain

Overweight

Reason

Goldman Sachs

Jorel Guilloty

Hold

Strong Sell

Downgrades

$31 → $21

2025-03-25

Reason

Goldman Sachs

Jorel Guilloty

Price Target

$31 → $21

2025-03-25

Downgrades

Hold

Strong Sell

Reason

Goldman Sachs analyst Jorel Guilloty downgraded Inmobiliaria Vesta to Sell from Neutral with a price target of $21, down from $31. The analyst believes trade policy uncertainty will be the key driver determining Mexico real estate performance in 2025, posing headwinds for development-focused Vesta. Goldman prefers business models that screen well on high occupancy, limited development, attractive mark to market outlook for rents, and diversification of rental streams. Despite the recent selloff, Vesta shares do not price a deteriorating outlook, the analyst tells investors in a research note.

Barclays

Pablo Monsivais

Buy

Maintains

$35 → $34

2025-03-06

Reason

Barclays

Pablo Monsivais

Price Target

$35 → $34

2025-03-06

Maintains

Buy

Reason

Barclays

Pablo Monsivais

Buy

Maintains

$38 → $35

2024-11-27

Reason

Barclays

Pablo Monsivais

Price Target

$38 → $35

2024-11-27

Maintains

Buy

Reason

Goldman Sachs

Jorel Guilloty

Strong Buy

Hold

Downgrades

$42 → $32

2024-10-07

Reason

Goldman Sachs

Jorel Guilloty

Price Target

$42 → $32

2024-10-07

Downgrades

Strong Buy

Hold

Reason

Goldman Sachs analyst Jorel Guilloty downgraded Inmobiliaria Vesta to Neutral from Buy with a price target of $32, down from $42. The firm sees headwinds for the company's new portfolio in North region, and expects a continuation of the deceleration which was already happening in key Northern market. Goldman recommends investors gain exposure to Mexican industrial real stocks with recurring revenue and relevant mark to market upside, namely Fibra Prologis and Fibra MTY.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Vesta Real Estate Corporation SAB de CV (VTMX.N) is 12.86, compared to its 5-year average forward P/E of 15.02. For a more detailed relative valuation and DCF analysis to assess Vesta Real Estate Corporation SAB de CV 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

15.02

Current PE

12.86

Overvalued PE

18.17

Undervalued PE

11.87

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

13.76

Current EV/EBITDA

12.91

Overvalued EV/EBITDA

16.04

Undervalued EV/EBITDA

11.48

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

8.45

Current PS

7.49

Overvalued PS

10.27

Undervalued PS

6.62