Financials Fideicomiso Irrevocable db/1616

Equities

FINN 13

MXCFFI0V0001

Specialized REITs

End-of-day quote Mexican S.E. 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
5.58 MXN -0.36% Intraday chart for Fideicomiso Irrevocable db/1616 -3.63% +9.41%

Valuation

Fiscal Period: December 2018 2021 2022 2023 2024 2025
Capitalization 1 5,188 1,581 2,961 4,332 4,332 -
Enterprise Value (EV) 1 7,491 5,440 2,961 6,556 6,516 6,731
P/E ratio - - -25.6 x - - -
Yield 8.37% - - - - -
Capitalization / Revenue 2.52 x 1.34 x - 1.94 x 1.83 x 1.7 x
EV / Revenue 3.64 x 4.6 x - 2.94 x 2.75 x 2.64 x
EV / EBITDA 14.2 x - - 11.3 x 10.6 x 10.1 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.51 x - - - - -
Nbr of stocks (in thousands) 5,28,811 5,03,623 5,03,623 7,76,390 7,76,390 -
Reference price 2 9.810 3.140 5.880 5.580 5.580 5.580
Announcement Date 27/02/19 24/02/22 27/02/23 - - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Net sales 1 2,057 - 1,184 - 2,233 2,366 2,547
EBITDA 1 528.4 - - - 577.6 614.8 668.6
EBIT 1 290.4 - 112.9 - 317.6 452.6 500.1
Operating Margin 14.12% - 9.54% - 14.22% 19.13% 19.63%
Earnings before Tax (EBT) -492.7 - - - - - -
Net income -492.7 -1,477 -280.1 -114.7 - - -
Net margin -23.96% - -23.66% - - - -
EPS - - - -0.2300 - - -
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 0.8210 - - - - - -
Announcement Date 27/02/19 25/02/21 24/02/22 27/02/23 - - -
1MXN in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2022 Q2 2022 Q3 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1
Net sales 1 377.6 - 505.5 - 551.3 568.9 579.2 571.8
EBITDA 85.4 - - - - - - -
EBIT - - - - - - - -
Operating Margin - - - - - - - -
Earnings before Tax (EBT) - - - - - - - -
Net income - -56 - -45.02 - - - -
Net margin - - - - - - - -
EPS - -0.1400 - -0.0900 - - - -
Dividend per Share - - - - - - - -
Announcement Date 28/04/22 27/07/22 25/10/22 27/04/23 26/07/23 25/10/23 - -
1MXN in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2020 2021 2022 2023 2024 2025
Net Debt 1 2,303 - 3,859 - 2,224 2,184 2,399
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 4.358 x - - - 3.85 x 3.553 x 3.588 x
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) -5.78% - - - - - -
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share 19.20 - - - - - -
Cash Flow per Share - - - - - - -
Capex 1,264 - 63.8 - - - -
Capex / Sales 61.47% - 5.39% - - - -
Announcement Date 27/02/19 25/02/21 24/02/22 27/02/23 - - -
1MXN in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
5.58 MXN
Average target price
8.35 MXN
Spread / Average Target
+49.64%
Consensus

Quarterly revenue - Rate of surprise

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