CORP INMOBILIARIA VESTA-ADR (VTMX) Stock Fundamental Analysis
NYSE:VTMX - New York Stock Exchange, Inc. - US92540K1097 - ADR - Currency: USD
We assign a fundamental rating of 6 out of 10 to VTMX. VTMX was compared to 63 industry peers in the Real Estate Management & Development industry. VTMX scores excellent on profitability, but there are some minor concerns on its financial health. VTMX has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
VTMX had positive earnings in the past year.
VTMX had a positive operating cash flow in the past year.
In the past 5 years VTMX has always been profitable.
VTMX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of VTMX (10.18%) is better than 96.61% of its industry peers.
VTMX's Return On Equity of 14.86% is amongst the best of the industry. VTMX outperforms 96.61% of its industry peers.
Looking at the Return On Invested Capital, with a value of 4.02%, VTMX is in the better half of the industry, outperforming 77.97% of the companies in the same industry.
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 4.79%.
The 3 year average ROIC (3.98%) for VTMX is below the current ROIC(4.02%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.18% | ||
| ROE | 14.86% | ||
| ROIC | 4.02% |
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
With an excellent Profit Margin value of 164.44%, VTMX belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
VTMX's Profit Margin has improved in the last couple of years.
VTMX has a Operating Margin of 77.21%. This is amongst the best in the industry. VTMX outperforms 100.00% of its industry peers.
In the last couple of years the Operating Margin of VTMX has declined.
Looking at the Gross Margin, with a value of 90.94%, VTMX belongs to the top of the industry, outperforming 93.22% of the companies in the same industry.
In the last couple of years the Gross Margin of VTMX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 77.21% | ||
| PM (TTM) | 164.44% | ||
| GM | 90.94% |
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
VTMX has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
VTMX has more shares outstanding than it did 1 year ago.
The number of shares outstanding for VTMX has been increased compared to 5 years ago.
The debt/assets ratio for VTMX has been reduced compared to a year ago.
2.2 Solvency
VTMX has an Altman-Z score of 1.86. This is not the best score and indicates that VTMX is in the grey zone with still only limited risk for bankruptcy at the moment.
VTMX has a Altman-Z score (1.86) which is in line with its industry peers.
A Debt/Equity ratio of 0.31 indicates that VTMX is not too dependend on debt financing.
The Debt to Equity ratio of VTMX (0.31) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Altman-Z | 1.86 |
ROIC/WACC0.34
WACC11.89%
2.3 Liquidity
A Current Ratio of 8.36 indicates that VTMX has no problem at all paying its short term obligations.
VTMX has a better Current ratio (8.36) than 88.14% of its industry peers.
A Quick Ratio of 8.36 indicates that VTMX has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 8.36, VTMX belongs to the best of the industry, outperforming 91.53% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 8.36 | ||
| Quick Ratio | 8.36 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 31.71% over the past year.
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.
Looking at the last year, VTMX shows a decrease in Revenue. The Revenue has decreased by -5.04% in the last year.
VTMX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 10.08% yearly.
EPS 1Y (TTM)31.71%
EPS 3Y61.11%
EPS 5Y23.52%
EPS Q2Q%50%
Revenue 1Y (TTM)-5.04%
Revenue growth 3Y12.69%
Revenue growth 5Y10.08%
Sales Q2Q%12.93%
3.2 Future
VTMX is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -17.83% yearly.
Based on estimates for the next years, VTMX will show a quite strong growth in Revenue. The Revenue will grow by 8.30% on average per year.
EPS Next Y-35.33%
EPS Next 2Y-37.31%
EPS Next 3Y-23.24%
EPS Next 5Y-17.83%
Revenue Next Year16.01%
Revenue Next 2Y17.46%
Revenue Next 3Y14.82%
Revenue Next 5Y8.3%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 4.90, which 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 98.31% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 28.21, VTMX is valued rather cheaply.
With a Price/Forward Earnings ratio of 14.64, VTMX is valued correctly.
88.14% of the companies in the same industry are more expensive than VTMX, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of VTMX to the average of the S&P500 Index (95.54), we can say VTMX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 14.64 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VTMX is valued a bit cheaper than the industry average as 79.66% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 15.23 |
4.3 Compensation for Growth
The excellent profitability rating of VTMX may justify a higher PE ratio.
VTMX's earnings are expected to decrease with -23.24% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)0.21
EPS Next 2Y-37.31%
EPS Next 3Y-23.24%
5. Dividend
5.1 Amount
VTMX has a Yearly Dividend Yield of 2.77%. Purely for dividend investing, there may be better candidates out there.
VTMX's Dividend Yield is rather good when compared to the industry average which is at 3.32. VTMX pays more dividend than 94.92% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.29, VTMX pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
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 in the last 3 years.
Dividend Growth(5Y)-1.96%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
15.64% of the earnings are spent on dividend by VTMX. This is a low number and sustainable payout ratio.
The Dividend Rate of VTMX has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP15.64%
EPS Next 2Y-37.31%
EPS Next 3Y-23.24%
CORP INMOBILIARIA VESTA-ADR
NYSE:VTMX (2/7/2025, 4:15:00 PM)
After market: 26.47 0 (0%)26.47
-0.17 (-0.64%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners40.13%
Inst Owner Change-1.65%
Ins Owners1.78%
Ins Owner ChangeN/A
Market Cap2.30B
Analysts82.73
Price Target26.48 (0.04%)
Short Float %0.53%
Short Ratio2.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.77% |
Yearly Dividend0.08
Dividend Growth(5Y)-1.96%
DP15.64%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)208.58%
Min EPS beat(2)196.3%
Max EPS beat(2)220.86%
EPS beat(4)4
Avg EPS beat(4)254.89%
Min EPS beat(4)196.3%
Max EPS beat(4)333.55%
EPS beat(8)8
Avg EPS beat(8)185.13%
EPS beat(12)12
Avg EPS beat(12)163.42%
EPS beat(16)14
Avg EPS beat(16)142.36%
Revenue beat(2)0
Avg Revenue beat(2)-2.66%
Min Revenue beat(2)-3.9%
Max Revenue beat(2)-1.42%
Revenue beat(4)1
Avg Revenue beat(4)-2.44%
Min Revenue beat(4)-4.82%
Max Revenue beat(4)0.36%
Revenue beat(8)2
Avg Revenue beat(8)-1.82%
Revenue beat(12)5
Avg Revenue beat(12)6.71%
Revenue beat(16)7
Avg Revenue beat(16)10.06%
PT rev (1m)-3.15%
PT rev (3m)-3.4%
EPS NQ rev (1m)2.18%
EPS NQ rev (3m)-1.93%
EPS NY rev (1m)10.78%
EPS NY rev (3m)6.32%
Revenue NQ rev (1m)-0.39%
Revenue NQ rev (3m)-1.23%
Revenue NY rev (1m)-2.16%
Revenue NY rev (3m)-2.16%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 4.9 | ||
| Fwd PE | 14.64 | ||
| P/S | 9.46 | ||
| P/FCF | N/A | ||
| P/OCF | 29.46 | ||
| P/B | 0.85 | ||
| P/tB | 0.85 | ||
| EV/EBITDA | 15.23 |
EPS(TTM)5.4
EY20.4%
EPS(NY)1.81
Fwd EY6.83%
FCF(TTM)-1.86
FCFYN/A
OCF(TTM)0.9
OCFY3.39%
SpS2.8
BVpS30.97
TBVpS30.97
PEG (NY)N/A
PEG (5Y)0.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.18% | ||
| ROE | 14.86% | ||
| ROCE | 4.83% | ||
| ROIC | 4.02% | ||
| ROICexc | 4.33% | ||
| ROICexgc | 4.33% | ||
| OM | 77.21% | ||
| PM (TTM) | 164.44% | ||
| GM | 90.94% | ||
| FCFM | N/A |
ROA(3y)7.63%
ROA(5y)6.46%
ROE(3y)13.19%
ROE(5y)11.54%
ROIC(3y)3.98%
ROIC(5y)4.26%
ROICexc(3y)4.52%
ROICexc(5y)4.67%
ROICexgc(3y)4.52%
ROICexgc(5y)4.67%
ROCE(3y)4.78%
ROCE(5y)5.11%
ROICexcg growth 3Y-2.96%
ROICexcg growth 5Y-2%
ROICexc growth 3Y-2.96%
ROICexc growth 5Y-2%
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%
F-Score5
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 4.45 | ||
| Cap/Depr | 16362.8% | ||
| Cap/Sales | 98.62% | ||
| Interest Coverage | 4.39 | ||
| Cash Conversion | 41.25% | ||
| Profit Quality | N/A | ||
| Current Ratio | 8.36 | ||
| Quick Ratio | 8.36 | ||
| Altman-Z | 1.86 |
F-Score5
WACC11.89%
ROIC/WACC0.34
Cap/Depr(3y)53.47%
Cap/Depr(5y)64.73%
Cap/Sales(3y)0.41%
Cap/Sales(5y)0.58%
Profit Quality(3y)43.39%
Profit Quality(5y)70.61%
High Growth Momentum
Growth
EPS 1Y (TTM)31.71%
EPS 3Y61.11%
EPS 5Y23.52%
EPS Q2Q%50%
EPS Next Y-35.33%
EPS Next 2Y-37.31%
EPS Next 3Y-23.24%
EPS Next 5Y-17.83%
Revenue 1Y (TTM)-5.04%
Revenue growth 3Y12.69%
Revenue growth 5Y10.08%
Sales Q2Q%12.93%
Revenue Next Year16.01%
Revenue Next 2Y17.46%
Revenue Next 3Y14.82%
Revenue Next 5Y8.3%
EBIT growth 1Y-7.63%
EBIT growth 3Y10.91%
EBIT growth 5Y8.25%
EBIT Next Year21.42%
EBIT Next 3Y17.66%
EBIT Next 5Y11.56%
FCF growth 1Y-51.1%
FCF growth 3Y13.08%
FCF growth 5Y10.64%
OCF growth 1Y-26.34%
OCF growth 3Y13.32%
OCF growth 5Y10.66%