CORP INMOBILIARIA VESTA-ADR (VTMX)
US92540K1097 - ADR
Taking everything into account, VTMX scores 6 out of 10 in our fundamental rating. VTMX was compared to 68 industry peers in the Real Estate Management & Development industry. VTMX has an excellent profitability rating, but there are some minor concerns on its financial health. VTMX has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year VTMX was profitable.
In the past year VTMX had a positive cash flow from operations.
In the past 5 years VTMX has always been profitable.
In the past 5 years VTMX always reported a positive cash flow from operatings.
1.2 Ratios
VTMX's Return On Assets of 10.64% is amongst the best of the industry. VTMX outperforms 94.03% of its industry peers.
VTMX has a better Return On Equity (15.94%) than 95.52% of its industry peers.
The Return On Invested Capital of VTMX (3.93%) is better than 79.10% of its industry peers.
VTMX had an Average Return On Invested Capital over the past 3 years of 3.98%. This is in line with the industry average of 5.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.64% | ||
| ROE | 15.94% | ||
| ROIC | 3.93% |
ROA(3y)7.63%
ROA(5y)6.46%
ROE(3y)13.19%
ROE(5y)11.54%
ROIC(3y)3.98%
ROIC(5y)4.26%
1.3 Margins
VTMX has a better Profit Margin (179.79%) than 98.51% of its industry peers.
VTMX's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 77.63%, VTMX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
VTMX's Operating Margin has declined in the last couple of years.
VTMX has a better Gross Margin (90.93%) than 95.52% of its industry peers.
VTMX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 77.63% | ||
| PM (TTM) | 179.79% | ||
| GM | 90.93% |
OM growth 3Y-1.58%
OM growth 5Y-1.67%
PM growth 3Y48.95%
PM growth 5Y16.05%
GM growth 3Y-0.62%
GM growth 5Y-0.9%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so VTMX is destroying value.
Compared to 1 year ago, VTMX has more shares outstanding
Compared to 5 years ago, VTMX has more shares outstanding
Compared to 1 year ago, VTMX has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 1.81 indicates that VTMX is not a great score, but indicates only limited risk for bankruptcy at the moment.
VTMX has a Altman-Z score of 1.81. This is comparable to the rest of the industry: VTMX outperforms 58.21% of its industry peers.
A Debt/Equity ratio of 0.32 indicates that VTMX is not too dependend on debt financing.
Looking at the Debt to Equity ratio, with a value of 0.32, VTMX is in line with its industry, outperforming 55.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.81 |
ROIC/WACC0.34
WACC11.43%
2.3 Liquidity
VTMX has a Current Ratio of 4.31. This indicates that VTMX is financially healthy and has no problem in meeting its short term obligations.
VTMX's Current ratio of 4.31 is amongst the best of the industry. VTMX outperforms 80.60% of its industry peers.
A Quick Ratio of 4.31 indicates that VTMX has no problem at all paying its short term obligations.
VTMX has a better Quick ratio (4.31) than 85.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 4.31 | ||
| Quick Ratio | 4.31 |
3. Growth
3.1 Past
VTMX shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.05%, which is quite good.
Measured over the past years, VTMX shows a very strong growth in Earnings Per Share. The EPS has been growing by 23.52% on average per year.
VTMX shows a decrease in Revenue. In the last year, the revenue decreased by -3.80%.
Measured over the past years, VTMX shows a quite strong growth in Revenue. The Revenue has been growing by 10.08% on average per year.
EPS 1Y (TTM)19.05%
EPS 3Y61.11%
EPS 5Y23.52%
EPS Q2Q%-14.29%
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y12.69%
Revenue growth 5Y10.08%
Sales Q2Q%21.36%
3.2 Future
Based on estimates for the next years, VTMX will show a very negative growth in Earnings Per Share. The EPS will decrease by -22.54% on average per year.
Based on estimates for the next years, VTMX will show a quite strong growth in Revenue. The Revenue will grow by 14.46% on average per year.
EPS Next Y-49.35%
EPS Next 2Y-35.15%
EPS Next 3Y-22.54%
EPS Next 5YN/A
Revenue Next Year19.38%
Revenue Next 2Y20.62%
Revenue Next 3Y17.21%
Revenue Next 5Y14.46%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 5.27 indicates a rather cheap valuation of VTMX.
Compared to the rest of the industry, the Price/Earnings ratio of VTMX indicates a rather cheap valuation: VTMX is cheaper than 94.03% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 30.52, VTMX is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 13.63, the valuation of VTMX can be described as correct.
89.55% of the companies in the same industry are more expensive than VTMX, based on the Price/Forward Earnings ratio.
VTMX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 21.99, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.27 | ||
| Fwd PE | 13.63 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VTMX is valued a bit cheaper than 77.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.99 |
4.3 Compensation for Growth
VTMX has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as VTMX's earnings are expected to decrease with -22.54% in the coming years.
PEG (NY)N/A
PEG (5Y)0.22
EPS Next 2Y-35.15%
EPS Next 3Y-22.54%
5. Dividend
5.1 Amount
VTMX has a Yearly Dividend Yield of 2.56%.
VTMX's Dividend Yield is rather good when compared to the industry average which is at 4.20. VTMX pays more dividend than 92.54% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.26, VTMX has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
5.2 History
The dividend of VTMX decreases each year by -1.96%.
VTMX has been paying a dividend for over 5 years, so it has already some track record.
The dividend of VTMX decreased recently.
Dividend Growth(5Y)-1.96%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
VTMX pays out 14.49% of its income as dividend. This is a sustainable payout ratio.
VTMX's earnings and Dividend Rate are declining. This means the current dividend is most likely not sustainable.
DP14.49%
EPS Next 2Y-35.15%
EPS Next 3Y-22.54%
CORP INMOBILIARIA VESTA-ADR
NYSE:VTMX (9/16/2024, 2:57:40 PM)
27.47
-0.12 (-0.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap2.40B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.56% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
Avg EPS beat(4)
Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
Avg EPS beat(12)
EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
Max Revenue beat(2)
Revenue beat(4)
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Min Revenue beat(4)
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Revenue beat(8)
Avg Revenue beat(8)
Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 5.27 | ||
| Fwd PE | 13.63 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)N/A
PEG (5Y)0.22
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.64% | ||
| ROE | 15.94% | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 77.63% | ||
| PM (TTM) | 179.79% | ||
| GM | 90.93% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.32 | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 4.31 | ||
| Quick Ratio | 4.31 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)19.05%
EPS 3Y61.11%
EPS 5Y
EPS Q2Q%
EPS Next Y-49.35%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)-3.8%
Revenue growth 3Y12.69%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y