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VTMXCorporación Inmobiliaria Vesta, S.A.B. de C.V.
$31.94$3.0B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
VTMX logo

Corporación Inmobiliaria Vesta, S.A.B. de C.V.

VTMX
NYSE · Real Estate Development
$31.94
At close - Oct 1, 4:00 PM EDT - USD
Market Cap$2.98B
P/E11.4x
52W High$37.41
Volume36.65K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Nearshoring Demand Drives Growth Amid Non-Cash Earnings Distortions

VTMX is capitalizing on robust nearshoring demand, evidenced by 13.3% YoY revenue growth in 2026Q2 and NOI margins consistently above 87%, positioning it for continued expansion. The company's low leverage (debt-to-equity of 0.37) and ample liquidity ($404.2M ...

GrowthAccelerating
ProfitabilityStrong
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

VTMX price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

9/12 Beats

EPS beat 9 of last 12 quarters

02

Valuation risk

-65% Peers

P/E is 65% below peer median

03

Market leadership

RS 52 · Avg

Average momentum (RS Rating: 52)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 22

Market performance

Price History →

Trailing total returns as of 10/3/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
VTMX+6.53%
S&P 500 (^GSPC)+11.83%
1-Year Return
VTMX+18.34%
S&P 500 (^GSPC)+14.29%
3-Year Return
VTMX+6.38%
S&P 500 (^GSPC)+77.74%
5-Year Return
VTMX+6.90%
S&P 500 (^GSPC)+74.83%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
11.6x
Forward P/E
12.4x
EV/EBITDA67th %ile
17.6x
FCF YieldCash Flow
5.3%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
11.6x
10.2x
100th· High
EV/EBITDA
17.6x
15.8x
67th· Fair
Price/FCF
18.8x
21.3x
33rd· Fair
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$27.04-15.3%
Base (Fair)$36.19+11.5%
Bull$45.95+43.9%
$27.04 Bear$36.19 Base$45.95 Bull
Current Market Price: $31.94
Trades at a 11.7% discount to Base DCF ($36.19)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$291M+15.8% YoY
Net income
$243M+9.1% YoY
Free cash flow
$161M+85.8% YoY
Operating margin
76.8%+0.1 pts YoY
ROIC (TTM)4.8%
Avg ROIC 5Y-
ROE (TTM)9.1%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate9/12 (75%)
Revenue Beat Rate2/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 22, 2026
$1.05+128.3%
vs $0.46
$72M-6.0%
vs $77M
Q2 2026
Apr 23, 2026
$1.25+212.5%
vs $0.40
$77M-0.1%
vs $77M
Q1 2026
Feb 19, 2026
$2.01+306.3%
vs $0.49
$70M-94.5%
vs $1.3B
Q4 2025
Oct 23, 2025
$0.29-42.0%
vs $0.50
$74M-94.3%
vs $1.3B
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
Business Wire·Sep 9, 2026
Vesta Repays US$105 Million of Private Debt Ahead of Maturity

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta” or the “Company”) (NYSE: VTMX; BMV: VESTA), a fully integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced that it has repaid in full US$105 million of outstanding principal under two private financings, retiring both obligations ahead of their scheduled maturities. The repayments consisted of US$60 million of 5.31% Series B s.

Business Wire·Aug 31, 2026
Vesta Receives Credit Rating Upgrade to ‘BBB' with Stable Outlook from Fitch Ratings

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta” or the “Company”) (NYSE: VTMX; BMV: VESTA), a fully integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced that Fitch Ratings (“Fitch”) has upgraded Vesta's Long-Term Foreign- and Local-Currency Issuer credit rating to ‘BBB' from ‘BBB-', with a stable outlook. The rating action, published on August 31, 2026, reflects Vesta's s.

Business Wire·Aug 24, 2026
Vesta Receives Credit Rating Upgrade to ‘BBB' with stable outlook from S&P Global Ratings

MEXICO CITY--(BUSINESS WIRE)--Corporación Inmobiliaria Vesta, S.A.B. de C.V. (“Vesta” or the “Company”) (NYSE: VTMX; BMV: VESTA), a fully integrated, internally managed real estate company that owns, manages, develops and leases industrial properties in Mexico, today announced that S&P Global Ratings (“S&P”) has upgraded Vesta's long-term issuer credit rating to ‘BBB' with a stable outlook, from ‘BBB-', with positive outlook. The rating action, published on August 21, 2026, recognizes V.

Seeking Alpha·Aug 14, 2026
Vesta: Undervalued In The Long-Term With Sights On Portfolio Growth

Corporación Inmobiliaria Vesta (VTMX) is rated a buy, with a 245.73% upside to 2030 based on DCF and FFO analysis. VTMX's industrial portfolio expanded 15% to 232 buildings and GLA by 28.5% to 43.3M sf from 2023–2026, supporting robust rental income growth. FFO per share is projected to rise from $0.2031 (2025) to $0.8484 (2030), a cumulative 279.77% increase, driven by nearshoring and portfolio expansion.

Filtered for Corporación Inmobiliaria Vesta, S.A.B. de C.V.More Headlines
04

Compare before deciding

Benchmark VTMX against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
VTMX logoVTMXCorporación Inmobiliaria Vesta, S.A.B. de C.V.Current
$31.94$2.98B11.4115.79%83.4%9.08%2.49%
PLD logoPLDPrologis, Inc.
$128.21$119.54B36.227.18%41.54%6.46%—
EGP logoEGPEastGroup Properties, Inc.
$194.84$10.48B40.0112.97%40.47%8.61%—
STAG logoSTAGSTAG Industrial, Inc.
$35.72$6.83B24.4710.14%28.05%6.79%—
FR logoFRFirst Industrial Realty Trust, Inc.
$58.87$7.8B31.488.58%47.96%12.99%—
REXR logoREXRRexford Industrial Realty, Inc.
$36.02$8.24B41.887.13%-39.74%-4.55%—

Compare VTMX vs Peers

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs PLD

Most directly comparable listed peer for VTMX.

Scale Benchmark

vs CAT

Larger-name benchmark to compare VTMX against a more recognizable public peer.

Peer Set

Compare Top 5

vs PLD, EGP, STAG, FR

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VTMX Frequently Asked Questions

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s revenue?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) reported $314.2M in revenue for fiscal year 2025. This represents a 526% increase from $50.2M in 2011.

How fast is Corporación Inmobiliaria Vesta, S.A.B. de C.V. growing?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) grew revenue by 15.8% over the past year. This is strong growth.

Is VTMX profitable?

Yes, Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) is profitable, generating $402.0M in net income for fiscal year 2025 (83.4% net margin).

Dividend & Returns
Does VTMX pay dividends?

Yes, Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) pays a dividend with a yield of 2.49%. This makes it attractive for income-focused investors.

What is VTMX's return on equity?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) has a return on equity (ROE) of 9.1%. This is below average, suggesting room for improvement.

Industry Metrics
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s FFO?

Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) generated Funds From Operations (FFO) of $404.0M in the trailing twelve months. FFO is the primary profitability metric for REITs.

What if you invested $1,000 in VTMX back in 2011?

Total return calculator · dividends reinvested · 15+ years of data

See returns →