Financials Fideicomiso Irrevocable db/1616

Equities

FINN 13

MXCFFI0V0001

Specialized REITs

End-of-day quote Mexican S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5.79 MXN -0.17% Intraday chart for Fideicomiso Irrevocable db/1616 +1.58% +13.53%

Valuation

Fiscal Period: December 2018 2021 2022 2023 2024 2025
Capitalization 1 5,188 1,581 2,961 4,495 4,495 -
Enterprise Value (EV) 1 7,491 5,440 2,961 6,719 7,039 7,334
P/E ratio - - -25.6 x - - -
Yield 8.37% - - - - -
Capitalization / Revenue 2.52 x 1.34 x - 2.01 x 1.9 x 1.78 x
EV / Revenue 3.64 x 4.6 x - 3.01 x 2.97 x 2.9 x
EV / EBITDA 14.2 x - - 11.6 x 11.4 x 11.1 x
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.51 x - - - - -
Nbr of stocks (in thousands) 528,811 503,623 503,623 776,390 776,390 -
Reference price 2 9.810 3.140 5.880 5.790 5.790 5.790
Announcement Date 2/27/19 2/24/22 2/27/23 - - -
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 2,368 2,526
EBITDA 1 528.4 - - - 577.6 615 663
EBIT 1 290.4 - 112.9 - 317.6 247.3 293.1
Operating Margin 14.12% - 9.54% - 14.22% 10.44% 11.6%
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 2/27/19 2/25/21 2/24/22 2/27/23 - - -
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 - 551.3 568.9 580 571.8
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 4/28/22 7/27/22 10/25/22 4/27/23 7/26/23 10/25/23 - -
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 2,544 2,839
Net Cash position 1 - - - - - - -
Leverage (Debt/EBITDA) 4.358 x - - - 3.85 x 4.136 x 4.281 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 2/27/19 2/25/21 2/24/22 2/27/23 - - -
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
5.79 MXN
Average target price
8.35 MXN
Spread / Average Target
+44.21%
Consensus

Quarterly revenue - Rate of surprise

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