Financials Fibra UNO

Equities

FUNO 11

MXCFFU000001

Commercial REITs

End-of-day quote Mexican S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
24.94 MXN -2.65% Intraday chart for Fibra UNO -4.55% -18.42%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 85,729 115,057 88,862 82,232 86,766 94,954 94,954 -
Enterprise Value (EV) 1 160,886 219,739 206,646 211,519 219,318 116,389 227,397 222,140
P/E ratio 5 x 6.16 x 6.72 x 22.5 x 5.01 x 6.53 x 11.8 x 9.22 x
Yield 10.1% 7.99% 5.33% 7.91% - 8.48% 11.3% 11.2%
Capitalization / Revenue 4.98 x 6 x 4.63 x 3.76 x 3.63 x 4.47 x 3.49 x 3.22 x
EV / Revenue 9.35 x 11.5 x 10.8 x 9.67 x 9.18 x 4.47 x 8.36 x 7.52 x
EV / EBITDA 12.4 x 15.4 x 14.7 x 12.8 x 12.3 x 6.08 x 10.6 x 9.99 x
EV / FCF 16.4 x 23.6 x 18.2 x 17.7 x - 15.4 x 12.3 x 11.1 x
FCF Yield 6.11% 4.24% 5.49% 5.64% - 6.5% 8.16% 8.98%
Price to Book 0.55 x 0.7 x 0.52 x 0.5 x 0.48 x 0.51 x 0.5 x 0.5 x
Nbr of stocks (in thousands) 3,925,324 3,928,194 3,949,443 3,800,000 3,779,000 3,807,288 3,807,288 -
Reference price 2 21.84 29.29 22.50 21.64 22.96 24.94 24.94 24.94
Announcement Date 2/27/19 2/27/20 2/25/21 2/24/22 2/22/23 2/26/24 - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 17,205 19,189 19,193 21,869 23,901 26,057 27,187 29,527
EBITDA 1 12,982 14,315 14,065 16,540 17,900 19,151 21,372 22,245
EBIT 1 12,810 14,213 13,963 16,437 16,776 19,049 20,112 21,366
Operating Margin 74.45% 74.07% 72.75% 75.16% 70.19% 73.1% 73.98% 72.36%
Earnings before Tax (EBT) 1 17,271 18,725 13,491 4,010 24,097 18,344 8,245 10,547
Net income 1 17,180 18,575 12,974 3,660 23,643 17,833 8,068 10,905
Net margin 99.86% 96.8% 67.6% 16.73% 98.92% 68.44% 29.67% 36.93%
EPS 2 4.368 4.753 3.348 0.9638 4.583 4.684 2.111 2.705
Free Cash Flow 1 9,822 9,310 11,340 11,928 - 14,508 18,560 19,953
FCF margin 57.09% 48.52% 59.09% 54.54% - 55.68% 68.27% 67.58%
FCF Conversion (EBITDA) 75.66% 65.04% 80.63% 72.12% - 74.95% 86.84% 89.7%
FCF Conversion (Net income) 57.17% 50.12% 87.41% 325.93% - 108.11% 230.06% 182.97%
Dividend per Share 2 2.200 2.339 1.200 1.712 - 2.114 2.830 2.805
Announcement Date 2/27/19 2/27/20 2/25/21 2/24/22 2/22/23 2/26/24 - -
1MXN in Million2MXN
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,818 5,849 5,801 6,018 6,232 6,378 6,449 6,448 6,783 6,824 6,863 6,987 7,045 7,456 7,445
EBITDA 1 4,391 4,251 4,322 4,479 4,620 4,784 4,760 4,770 4,863 4,932 5,165 5,106 5,145 5,700 5,639
EBIT 1 4,365 4,226 4,296 4,394 4,550 4,758 4,734 - 4,837 4,907 4,885 4,961 4,999 5,610 5,549
Operating Margin 75.03% 72.25% 74.05% 73.01% 73.02% 74.61% 73.42% - 71.32% 71.91% 71.18% 71% 70.96% 75.24% 74.53%
Earnings before Tax (EBT) 1 - - - 4,386 - - - - - 2,769 2,238 2,179 2,159 - -
Net income 1 - 4,235 2,556 4,316 12,536 6,544 5,562 -200.6 5,928 2,641 2,148 2,092 2,073 3,024 2,971
Net margin - 72.4% 44.06% 71.71% 201.16% 102.61% 86.25% -3.11% 87.39% 38.7% 31.3% 29.94% 29.43% 40.56% 39.9%
EPS 2 0.8282 0.7812 0.6764 0.8152 2.454 0.6267 1.467 -0.0527 2.643 0.6936 0.5594 0.5446 0.5397 - -
Dividend per Share 2 0.6829 0.5049 0.5236 0.5659 - - 0.5713 - - - 0.5200 0.5000 0.5000 0.6980 0.6662
Announcement Date 2/24/22 5/2/22 7/27/22 10/26/22 2/22/23 4/26/23 7/26/23 10/24/23 2/26/24 4/24/24 - - - - -
1MXN in Million2MXN
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt 1 75,157 104,682 117,783 129,287 132,552 128,146 132,443 127,186
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 5.789 x 7.313 x 8.374 x 7.817 x 7.405 x 6.62 x 6.197 x 5.718 x
Free Cash Flow 1 9,822 9,310 11,340 11,928 - 14,508 18,560 19,953
ROE (net income / shareholders' equity) 11.5% 11.7% 7.83% 2.19% 13.7% 6.24% 4.25% 6.12%
ROA (Net income/ Total Assets) 7.37% 7.07% 4.4% 1.17% 7.22% 3.99% 2.49% 2.61%
Assets 1 233,057 262,801 295,070 312,327 327,468 336,259 324,130 418,461
Book Value Per Share 2 39.60 41.60 43.50 43.60 47.60 49.00 50.00 49.60
Cash Flow per Share 3.820 3.390 4.510 4.770 5.200 - - -
Capex 1 9,407 9,647 11,174 6,185 - 184 1,560 1,804
Capex / Sales 54.68% 50.27% 58.22% 28.28% - 0.71% 5.74% 6.11%
Announcement Date 2/27/19 2/27/20 2/25/21 2/24/22 2/22/23 2/26/24 - -
1MXN in Million2MXN
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
10
Last Close Price
24.94 MXN
Average target price
34.66 MXN
Spread / Average Target
+38.97%
Consensus