Real Estate - Development
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VTMX vs FR
Revenue, margins, valuation, and 5-year total return — side by side.
REIT - Industrial
VTMX vs FR — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Real Estate - Development | REIT - Industrial |
| Market Cap | $3.06B | $8.27B |
| Revenue (TTM) | $288M | $744M |
| Net Income (TTM) | $242M | $342M |
| Gross Margin | 93.5% | 47.0% |
| Operating Margin | 81.4% | 38.3% |
| Forward P/E | 18.1x | 29.8x |
| Total Debt | $1.28B | $2.57B |
| Cash & Equiv. | $337M | $78M |
VTMX vs FR — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | Jun 23 | May 26 | Return |
|---|---|---|---|
| Corporación Inmobil… (VTMX) | 100 | 110.8 | +10.8% |
| First Industrial Re… (FR) | 100 | 118.6 | +18.6% |
Price return only. Dividends and distributions are not included.
Quick Verdict: VTMX vs FR
Each card shows where this stock fits in a portfolio — not just who wins on paper.
VTMX carries the broadest edge in this set and is the clearest fit for growth exposure and sleep-well-at-night.
- Rev growth 15.8%, EPS growth 12.0%, 3Y rev CAGR 17.8%
- Lower volatility, beta 0.60, Low D/E 46.5%, current ratio 162.93x
- PEG 0.98 vs FR's 7.28
FR is the clearest fit if your priority is income & stability and long-term compounding.
- Dividend streak 14 yrs, beta 0.68, yield 2.8%
- 201.9% 10Y total return vs VTMX's 17.8%
- 2.8% yield, 14-year raise streak, vs VTMX's 2.2%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 15.8% FFO/revenue growth vs FR's 8.6% | |
| Value | Lower P/E (18.1x vs 29.8x), PEG 0.98 vs 7.28 | |
| Quality / Margins | 84.1% margin vs FR's 46.0% | |
| Stability / Safety | Beta 0.60 vs FR's 0.68, lower leverage | |
| Dividends | 2.8% yield, 14-year raise streak, vs VTMX's 2.2% | |
| Momentum (1Y) | +32.0% vs VTMX's +30.9% | |
| Efficiency (ROA) | 6.1% ROA vs VTMX's 5.7%, ROIC 4.5% vs 4.8% |
VTMX vs FR — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
VTMX leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
FR is the larger business by revenue, generating $744M annually — 2.6x VTMX's $288M. VTMX is the more profitable business, keeping 84.1% of every revenue dollar as net income compared to FR's 46.0%. On growth, VTMX holds the edge at +22.6% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $288M | $744M |
| EBITDAEarnings before interest/tax | $235M | $477M |
| Net IncomeAfter-tax profit | $242M | $342M |
| Free Cash FlowCash after capex | $161M | $483M |
| Gross MarginGross profit ÷ Revenue | +93.5% | +47.0% |
| Operating MarginEBIT ÷ Revenue | +81.4% | +38.3% |
| Net MarginNet income ÷ Revenue | +84.1% | +46.0% |
| FCF MarginFCF ÷ Revenue | +56.0% | +64.9% |
| Rev. Growth (YoY)Latest quarter vs prior year | +22.6% | +9.9% |
| EPS Growth (YoY)Latest quarter vs prior year | +3.8% | +2.0% |
Valuation Metrics
VTMX leads this category, winning 7 of 7 comparable metrics.
Valuation Metrics
At 12.7x trailing earnings, VTMX trades at a 62% valuation discount to FR's 33.4x P/E. Adjusting for growth (PEG ratio), VTMX offers better value at 0.69x vs FR's 8.15x — a lower PEG means you pay less per unit of expected earnings growth.
| Metric | ||
|---|---|---|
| Market CapShares × price | $3.1B | $8.3B |
| Enterprise ValueMkt cap + debt − cash | $4.0B | $10.8B |
| Trailing P/EPrice ÷ TTM EPS | 12.74x | 33.37x |
| Forward P/EPrice ÷ next-FY EPS est. | 18.13x | 29.82x |
| PEG RatioP/E ÷ EPS growth rate | 0.69x | 8.15x |
| EV / EBITDAEnterprise value multiple | 17.78x | 21.84x |
| Price / SalesMarket cap ÷ Revenue | 10.53x | 11.38x |
| Price / BookPrice ÷ Book value/share | 1.12x | 3.00x |
| Price / FCFMarket cap ÷ FCF | 19.02x | 72.02x |
Profitability & Efficiency
VTMX leads this category, winning 5 of 8 comparable metrics.
Profitability & Efficiency
FR delivers a 12.4% return on equity — every $100 of shareholder capital generates $12 in annual profit, vs $9 for VTMX. VTMX carries lower financial leverage with a 0.46x debt-to-equity ratio, signaling a more conservative balance sheet compared to FR's 0.93x.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | +9.3% | +12.4% |
| ROA (TTM)Return on assets | +5.7% | +6.1% |
| ROICReturn on invested capital | +4.8% | +4.5% |
| ROCEReturn on capital employed | +5.3% | +6.1% |
| Piotroski ScoreFundamental quality 0–9 | 5 | 5 |
| Debt / EquityFinancial leverage | 0.46x | 0.93x |
| Net DebtTotal debt minus cash | $941M | $2.5B |
| Cash & Equiv.Liquid assets | $337M | $78M |
| Total DebtShort + long-term debt | $1.3B | $2.6B |
| Interest CoverageEBIT ÷ Interest expense | 5.16x | 4.27x |
Total Returns (Dividends Reinvested)
FR leads this category, winning 5 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in FR five years ago would be worth $14,122 today (with dividends reinvested), compared to $11,781 for VTMX. Over the past 12 months, FR leads with a +32.0% total return vs VTMX's +30.9%. The 3-year compound annual growth rate (CAGR) favors FR at 7.5% vs VTMX's 5.6% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +18.0% | +8.7% |
| 1-Year ReturnPast 12 months | +30.9% | +32.0% |
| 3-Year ReturnCumulative with dividends | +17.8% | +24.1% |
| 5-Year ReturnCumulative with dividends | +17.8% | +41.2% |
| 10-Year ReturnCumulative with dividends | +17.8% | +201.9% |
| CAGR (3Y)Annualised 3-year return | +5.6% | +7.5% |
Risk & Volatility
Evenly matched — VTMX and FR each lead in 1 of 2 comparable metrics.
Risk & Volatility
VTMX is the less volatile stock with a 0.60 beta — it tends to amplify market swings less than FR's 0.68 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 0.60x | 0.68x |
| 52-Week HighHighest price in past year | $37.41 | $64.62 |
| 52-Week LowLowest price in past year | $24.99 | $47.36 |
| % of 52W HighCurrent price vs 52-week peak | +95.4% | +96.6% |
| RSI (14)Momentum oscillator 0–100 | 60.5 | 56.1 |
| Avg Volume (50D)Average daily shares traded | 65K | 913K |
Analyst Outlook
FR leads this category, winning 2 of 2 comparable metrics.
Analyst Outlook
Wall Street rates VTMX as "Buy" and FR as "Buy". Consensus price targets imply 10.7% upside for VTMX (target: $40) vs 4.1% for FR (target: $65). For income investors, FR offers the higher dividend yield at 2.80% vs VTMX's 2.23%.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $39.50 | $65.00 |
| # AnalystsCovering analysts | 4 | 29 |
| Dividend YieldAnnual dividend ÷ price | +2.2% | +2.8% |
| Dividend StreakConsecutive years of raises | 1 | 14 |
| Dividend / ShareAnnual DPS | $0.80 | $1.75 |
| Buyback YieldShare repurchases ÷ mkt cap | +1.2% | +0.0% |
VTMX leads in 3 of 6 categories (Income & Cash Flow, Valuation Metrics). FR leads in 2 (Total Returns, Analyst Outlook). 1 tied.
VTMX vs FR: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is VTMX or FR a better buy right now?
For growth investors, Corporación Inmobiliaria Vesta, S.
A. B. de C. V. (VTMX) is the stronger pick with 15. 8% revenue growth year-over-year, versus 8. 6% for First Industrial Realty Trust, Inc. (FR). Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX) offers the better valuation at 12. 7x trailing P/E (18. 1x forward), making it the more compelling value choice. Analysts rate Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — VTMX or FR?
On trailing P/E, Corporación Inmobiliaria Vesta, S.
A. B. de C. V. (VTMX) is the cheapest at 12. 7x versus First Industrial Realty Trust, Inc. at 33. 4x. On forward P/E, Corporación Inmobiliaria Vesta, S. A. B. de C. V. is actually cheaper at 18. 1x. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Corporación Inmobiliaria Vesta, S. A. B. de C. V. wins at 0. 98x versus First Industrial Realty Trust, Inc. 's 7. 28x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.
03Which is the better long-term investment — VTMX or FR?
Over the past 5 years, First Industrial Realty Trust, Inc.
(FR) delivered a total return of +41. 2%, compared to +17. 8% for Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX). Over 10 years, the gap is even starker: FR returned +201. 9% versus VTMX's +17. 8%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — VTMX or FR?
By beta (market sensitivity over 5 years), Corporación Inmobiliaria Vesta, S.
A. B. de C. V. (VTMX) is the lower-risk stock at 0. 60β versus First Industrial Realty Trust, Inc. 's 0. 68β — meaning FR is approximately 13% more volatile than VTMX relative to the S&P 500. On balance sheet safety, Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX) carries a lower debt/equity ratio of 46% versus 93% for First Industrial Realty Trust, Inc. — giving it more financial flexibility in a downturn.
05Which is growing faster — VTMX or FR?
By revenue growth (latest reported year), Corporación Inmobiliaria Vesta, S.
A. B. de C. V. (VTMX) is pulling ahead at 15. 8% versus 8. 6% for First Industrial Realty Trust, Inc. (FR). On earnings-per-share growth, the picture is similar: Corporación Inmobiliaria Vesta, S. A. B. de C. V. grew EPS 12. 0% year-over-year, compared to -13. 8% for First Industrial Realty Trust, Inc.. Over a 3-year CAGR, VTMX leads at 17. 8% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — VTMX or FR?
Corporación Inmobiliaria Vesta, S.
A. B. de C. V. (VTMX) is the more profitable company, earning 83. 4% net margin versus 34. 0% for First Industrial Realty Trust, Inc. — meaning it keeps 83. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VTMX leads at 76. 8% versus 42. 3% for FR. At the gross margin level — before operating expenses — VTMX leads at 89. 1%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is VTMX or FR more undervalued right now?
The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.
By this metric, Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX) is the more undervalued stock at a PEG of 0. 98x versus First Industrial Realty Trust, Inc. 's 7. 28x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX) trades at 18. 1x forward P/E versus 29. 8x for First Industrial Realty Trust, Inc. — 11. 7x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for VTMX: 10. 7% to $39. 50.
08Which pays a better dividend — VTMX or FR?
All stocks in this comparison pay dividends.
First Industrial Realty Trust, Inc. (FR) offers the highest yield at 2. 8%, versus 2. 2% for Corporación Inmobiliaria Vesta, S. A. B. de C. V. (VTMX).
09Is VTMX or FR better for a retirement portfolio?
For long-horizon retirement investors, First Industrial Realty Trust, Inc.
(FR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 68), 2. 8% yield, +201. 9% 10Y return). Both have compounded well over 10 years (FR: +201. 9%, VTMX: +17. 8%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between VTMX and FR?
Both stocks operate in the Real Estate sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: VTMX is a small-cap high-growth stock; FR is a small-cap quality compounder stock. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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