VTMX
Corporación Inmobiliaria Vesta, S.A.B. de C.V.
VTMX's fundamentals are mixed: revenue grew 11%, but its operating margin fell 2 points to 76%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
VTMX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| N/A | |
| N/A |
VTMX's profitability is currently strong, and its revenue is stable. Free cash flow and net leverage aren't meaningful measures for real estate companies like VTMX.
VTMX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 6.3x | $34.62 | -8.9% |
| Current | 6.9x | $38.02 | — |
| Fair | 8.7x | $47.96 | +26% |
| Expensive | 75x | $414 | +990% |
Historical ranges are pointers, not guarantees.
VTMX's PE is 6.9x, but its earnings don't support one, so it isn't a reliable read right now.
VTMX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Strongly weakening | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for VTMX, but weaker profitability.
VTMX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | $5.50 | +7757% |
| Q2 2026 | $4.60 | +1143% |
| Q1 2026 | $3.82 | -82% |
| Q4 2025 | $2.79 | -88% |
| Q3 2025 | $0.07 | -100% |
| Q2 2025 | $0.37 | -99% |
| Q1 2025 | $21.35 | -24% |
| Q4 2024 | $22.58 | -18% |
VTMX's earnings per share have fallen from their peak: $5.50 over the past year, against $28.01 in early 2024. Its recent earnings include one-off gains.
VTMX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $77.8M | +5.6% |
| Q2 2026 | $84.1M | +13% |
| Q1 2026 | $76.7M | +4.1% |
| Q4 2025 | $79.7M | +23% |
| Q3 2025 | $73.7M | +18% |
| Q2 2025 | $74.3M | +19% |
| Q1 2025 | $73.7M | +22% |
| Q4 2024 | $65M | +15% |
VTMX's revenue has grown year over year for 13 quarters in a row: $78M last quarter, up 5.6% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 75% | -1.5 points |
| Q2 2026 | 76% | -2.8 points |
| Q1 2026 | 78% | -2.2 points |
| Q4 2025 | 75% | +0.6 points |
| Q3 2025 | 77% | -3.8 points |
| Q2 2025 | 79% | +11 points |
| Q1 2025 | 80% | -5.9 points |
| Q4 2024 | 75% | +297 points |
VTMX's operating margin was 75% last quarter, down 1.5 points from the same quarter a year ago.
VTMX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $34M | -32% |
| Q2 2026 | $31.7M | -37% |
| Q1 2026 | $11.3M | -38% |
| Q4 2025 | $42.5M | +21% |
| Q3 2025 | $49.9M | +20% |
| Q2 2025 | $50.3M | +33% |
| Q1 2025 | $18.4M | +49625% |
| Q4 2024 | $35.3M | -82% |
VTMX's free cash flow was $120M over the past year, down 22% from the year before. Free cash flow isn't a meaningful measure for real estate companies like VTMX.
VTMX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +584K shares |
| 1 year | +11% | +9.3M shares |
| 3 years | +13% | +10.6M shares |
| 5 years | +36% | +24.9M shares |
| Available history | +61% | +35.6M shares |
VTMX has 94M diluted shares, up 11% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $7,053 |
| Q3 2025 | $687 |
| Q2 2025 | $850,380 |
| Q1 2025 | $35.7M |
| Q4 2024 | $29.8M |
VTMX has spent almost nothing on buybacks in the past year.
VTMX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 2.0x | Healthy |
| Q2 2026 | 2.2x | Moderate |
| Q1 2026 | 4.2x | High |
| Q4 2025 | 5.4x | High |
| Q3 2025 | 5.9x | High |
| Q2 2025 | 5.0x | High |
| Q1 2025 | 2.4x | Moderate |
| Q4 2024 | 1.4x | Healthy |
VTMX's net debt is about 2.0 years of its operating earnings (EBITDA), down from 5.9 years a year ago. Net leverage isn't a meaningful measure for real estate companies like VTMX.
VTMX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 64.9 | Neutral |
| Stochastic | 82.9 | Overbought |
VTMX's weekly RSI is 65 (neutral) and its Stochastic is 83 (overbought).
VTMX PE vs Real Estate Sector
| Metric | VTMX | Sector median | Relative |
|---|---|---|---|
| PE | 6.9x | 24x | 71% below |
| PE % | 28 | 10 | 18 pts above |
VTMX is trading at 6.9x earnings, a 71% discount to the Real Estate sector's median of 24x, though its earnings don't support one.
VTMX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $35.3 | 7.7% above |
| 20 week MA | $34.7 | 9.6% above |
| 50 week MA | $33.9 | 12% above |
| 100 week MA | $30.4 | 25% above |
VTMX is in an uptrend: it's above all four of its weekly moving averages, and 25% above its 100-week average.
VTMX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2023 | $32.2 | $39.6 | +23% |
| 2024 | $39.6 | $26.2 | -34% |
| 2025 | $26.2 | $31.4 | +20% |
| 2026 YTD | $31.4 | $38.0 | +21% |
VTMX has finished higher in two of the last three years. It's up 21% so far in 2026.