CORP INMOBILIARIA VESTA-ADR (VTMX) Stock Fundamental Analysis
NYSE:VTMX - New York Stock Exchange, Inc. - US92540K1097 - ADR - Currency: USD
Overall VTMX gets a fundamental rating of 6 out of 10. We evaluated VTMX against 64 industry peers in the Real Estate Management & Development industry. While VTMX has a great profitability rating, there are some minor concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on VTMX. These ratings would make VTMX suitable for value investing!
1. Profitability
1.1 Basic Checks
VTMX had negative earnings in the past year.
In the past year VTMX had a positive cash flow from operations.
Each year in the past 5 years VTMX has been profitable.
In the past 5 years VTMX always reported a positive cash flow from operatings.
1.2 Ratios
With an excellent Return On Assets value of 5.64%, VTMX belongs to the best of the industry, outperforming 93.75% of the companies in the same industry.
The Return On Equity of VTMX (8.60%) is better than 84.38% of its industry peers.
The Return On Invested Capital of VTMX (3.41%) is better than 75.00% of its industry peers.
VTMX had an Average Return On Invested Capital over the past 3 years of 3.29%. This is below the industry average of 5.31%.
The 3 year average ROIC (3.29%) for VTMX is below the current ROIC(3.41%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.64% | ||
| ROE | 8.6% | ||
| ROIC | 3.41% |
ROA(3y)7.41%
ROA(5y)6.3%
ROE(3y)12.06%
ROE(5y)10.84%
ROIC(3y)3.29%
ROIC(5y)3.37%
1.3 Margins
Looking at the Profit Margin, with a value of 88.51%, VTMX belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
VTMX's Profit Margin has been stable in the last couple of years.
VTMX has a Operating Margin of 77.30%. This is amongst the best in the industry. VTMX outperforms 100.00% of its industry peers.
VTMX's Operating Margin has been stable in the last couple of years.
With an excellent Gross Margin value of 90.25%, VTMX belongs to the best of the industry, outperforming 95.31% 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 | 77.3% | ||
| PM (TTM) | 88.51% | ||
| GM | 90.25% |
OM growth 3Y-1.21%
OM growth 5Y-1.13%
PM growth 3Y-6.47%
PM growth 5Y-1.04%
GM growth 3Y-1.11%
GM growth 5Y-0.89%
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 less shares outstanding
Compared to 5 years ago, VTMX has more shares outstanding
VTMX has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.63, we must say that VTMX is in the distress zone and has some risk of bankruptcy.
VTMX has a Altman-Z score (1.63) which is in line with its industry peers.
VTMX has a debt to FCF ratio of 6.61. This is a slightly negative value and a sign of low solvency as VTMX would need 6.61 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 6.61, VTMX is doing good in the industry, outperforming 75.00% of the companies in the same industry.
A Debt/Equity ratio of 0.31 indicates that VTMX is not too dependend on debt financing.
With a Debt to Equity ratio value of 0.31, VTMX perfoms like the industry average, outperforming 57.81% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.61 | ||
| Altman-Z | 1.63 |
ROIC/WACC0.3
WACC11.52%
2.3 Liquidity
A Current Ratio of 2.68 indicates that VTMX has no problem at all paying its short term obligations.
VTMX has a better Current ratio (2.68) than 65.63% of its industry peers.
VTMX has a Quick Ratio of 2.68. This indicates that VTMX is financially healthy and has no problem in meeting its short term obligations.
VTMX has a better Quick ratio (2.68) than 71.88% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.68 | ||
| Quick Ratio | 2.68 |
3. Growth
3.1 Past
The earnings per share for VTMX have decreased strongly by -182.61% in the last year.
The Earnings Per Share has been growing slightly by 1.78% on average over the past years.
Looking at the last year, VTMX shows a decrease in Revenue. The Revenue has decreased by -4.66% in the last year.
VTMX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 11.82% yearly.
EPS 1Y (TTM)-182.61%
EPS 3Y-0.17%
EPS 5Y1.78%
EPS Q2Q%-575%
Revenue 1Y (TTM)-4.66%
Revenue growth 3Y16.21%
Revenue growth 5Y11.82%
Sales Q2Q%16.55%
3.2 Future
The Earnings Per Share is expected to grow by 25.15% on average over the next years. This is a very strong growth
Based on estimates for the next years, VTMX will show a small growth in Revenue. The Revenue will grow by 6.28% on average per year.
EPS Next Y147.58%
EPS Next 2Y59.61%
EPS Next 3Y35.01%
EPS Next 5Y25.15%
Revenue Next Year18.79%
Revenue Next 2Y13.86%
Revenue Next 3Y8.07%
Revenue Next 5Y6.28%
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 accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
VTMX reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 13.80, the valuation of VTMX can be described as correct.
VTMX's Price/Forward Earnings ratio is rather cheap when compared to the industry. VTMX is cheaper than 93.75% of the companies in the same industry.
VTMX is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, VTMX is valued cheaply inside the industry as 82.81% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of VTMX indicates a rather cheap valuation: VTMX is cheaper than 85.94% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.6 | ||
| EV/EBITDA | 14.32 |
4.3 Compensation for Growth
VTMX's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
VTMX has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as VTMX's earnings are expected to grow with 35.01% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y59.61%
EPS Next 3Y35.01%
5. Dividend
5.1 Amount
VTMX has a Yearly Dividend Yield of 3.05%.
VTMX's Dividend Yield is rather good when compared to the industry average which is at 3.23. VTMX pays more dividend than 93.75% of the companies in the same industry.
VTMX's Dividend Yield is a higher than the S&P500 average which is at 2.33.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
5.2 History
The dividend of VTMX has a limited annual growth rate of 1.01%.
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)1.01%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
VTMX pays out 28.51% of its income as dividend. This is a sustainable payout ratio.
VTMX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP28.51%
EPS Next 2Y59.61%
EPS Next 3Y35.01%
24.66
+0.08 (+0.33%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustryReal Estate Management & Development
Earnings (Last)
Earnings (Next)
Inst Owners39.44%
Inst Owner Change-11.11%
Ins Owners1.78%
Ins Owner ChangeN/A
Market Cap2.14B
Analysts82.73
Price Target24.78 (0.49%)
Short Float %1%
Short Ratio4.31
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.05% |
Yearly Dividend0.07
Dividend Growth(5Y)1.01%
DP28.51%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-905.36%
Min EPS beat(2)-2031.58%
Max EPS beat(2)220.86%
EPS beat(4)3
Avg EPS beat(4)-336.39%
Min EPS beat(4)-2031.58%
Max EPS beat(4)268.85%
EPS beat(8)7
Avg EPS beat(8)-84.29%
EPS beat(12)11
Avg EPS beat(12)-13.72%
EPS beat(16)13
Avg EPS beat(16)10.56%
Revenue beat(2)0
Avg Revenue beat(2)-4.03%
Min Revenue beat(2)-4.15%
Max Revenue beat(2)-3.9%
Revenue beat(4)1
Avg Revenue beat(4)-2.28%
Min Revenue beat(4)-4.15%
Max Revenue beat(4)0.36%
Revenue beat(8)2
Avg Revenue beat(8)-2.01%
Revenue beat(12)5
Avg Revenue beat(12)6.44%
Revenue beat(16)7
Avg Revenue beat(16)10.04%
PT rev (1m)-6.42%
PT rev (3m)-3.3%
EPS NQ rev (1m)-1.13%
EPS NQ rev (3m)0.75%
EPS NY rev (1m)-1.13%
EPS NY rev (3m)-5.73%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.25%
Revenue NY rev (1m)0.55%
Revenue NY rev (3m)-4%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 13.8 | ||
| P/S | 8.49 | ||
| P/FCF | 16.6 | ||
| P/OCF | 16.52 | ||
| P/B | 0.83 | ||
| P/tB | 0.83 | ||
| EV/EBITDA | 14.32 |
EPS(TTM)-3.76
EYN/A
EPS(NY)1.79
Fwd EY7.25%
FCF(TTM)1.49
FCFY6.03%
OCF(TTM)1.49
OCFY6.05%
SpS2.9
BVpS29.89
TBVpS29.89
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.64% | ||
| ROE | 8.6% | ||
| ROCE | 5.04% | ||
| ROIC | 3.41% | ||
| ROICexc | 3.58% | ||
| ROICexgc | 3.58% | ||
| OM | 77.3% | ||
| PM (TTM) | 88.51% | ||
| GM | 90.25% | ||
| FCFM | 51.17% |
ROA(3y)7.41%
ROA(5y)6.3%
ROE(3y)12.06%
ROE(5y)10.84%
ROIC(3y)3.29%
ROIC(5y)3.37%
ROICexc(3y)3.57%
ROICexc(5y)3.71%
ROICexgc(3y)3.57%
ROICexgc(5y)3.71%
ROCE(3y)4.86%
ROCE(5y)4.98%
ROICexcg growth 3Y-2.74%
ROICexcg growth 5Y-2.23%
ROICexc growth 3Y-2.74%
ROICexc growth 5Y-2.23%
OM growth 3Y-1.21%
OM growth 5Y-1.13%
PM growth 3Y-6.47%
PM growth 5Y-1.04%
GM growth 3Y-1.11%
GM growth 5Y-0.89%
F-Score4
Asset Turnover0.06
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.31 | ||
| Debt/FCF | 6.61 | ||
| Debt/EBITDA | 4.06 | ||
| Cap/Depr | 42.18% | ||
| Cap/Sales | 0.24% | ||
| Interest Coverage | 4.63 | ||
| Cash Conversion | 66.02% | ||
| Profit Quality | 57.81% | ||
| Current Ratio | 2.68 | ||
| Quick Ratio | 2.68 | ||
| Altman-Z | 1.63 |
F-Score4
WACC11.52%
ROIC/WACC0.3
Cap/Depr(3y)62.97%
Cap/Depr(5y)51.65%
Cap/Sales(3y)0.44%
Cap/Sales(5y)0.4%
Profit Quality(3y)43.19%
Profit Quality(5y)67.69%
High Growth Momentum
Growth
EPS 1Y (TTM)-182.61%
EPS 3Y-0.17%
EPS 5Y1.78%
EPS Q2Q%-575%
EPS Next Y147.58%
EPS Next 2Y59.61%
EPS Next 3Y35.01%
EPS Next 5Y25.15%
Revenue 1Y (TTM)-4.66%
Revenue growth 3Y16.21%
Revenue growth 5Y11.82%
Sales Q2Q%16.55%
Revenue Next Year18.79%
Revenue Next 2Y13.86%
Revenue Next 3Y8.07%
Revenue Next 5Y6.28%
EBIT growth 1Y-6.29%
EBIT growth 3Y14.8%
EBIT growth 5Y10.56%
EBIT Next Year28.31%
EBIT Next 3Y8.81%
EBIT Next 5Y11.71%
FCF growth 1Y-9.53%
FCF growth 3Y6.48%
FCF growth 5Y4.91%
OCF growth 1Y-10.42%
OCF growth 3Y6.57%
OCF growth 5Y4.67%