Corporación Inmobiliaria Vesta, S.A.B. de C.V. (VTMX) Key Metrics
VTMX valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $3.26B
- Enterprise value
- $3.82B
- P/E (TTM)
- 7.7 10-yr median 10.2
- Forward P/E
- 13.7
- PEG ratio
- —
- Price / sales
- 10.7 10-yr median 9.0
- Price / book
- 1.0 10-yr median 1.0
- EV / EBITDA
- 9.2 10-yr median 8.1
- Dividend yield
- 2.33% $0.82 a year
- Beta
- 0.26
VTMX key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsVTMX valuation Price multiples at each fiscal year-end price.
VTMX returns How much profit the business earns on the capital it uses.
VTMX per-share figures Results divided by the shares outstanding at year-end.
VTMX financial health Debt, liquidity and how easily interest is covered.
VTMX efficiency & capital use Working capital cycle and where the cash goes.
VTMX valuation history
VTMX returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
VTMX debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
VTMX cash returned to shareholders
VTMX price vs earnings per share
VTMX key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $2.63B | $2.26B | $3.05B | — | — | — | — | — | — | — |
| Enterprise value | $3.57B | $2.92B | $3.46B | — | — | — | — | — | — | — |
| P/E ratio | 10.8 | 10.2 | 9.6 | — | — | — | — | — | — | — |
| Price / sales | 9.0 | 9.0 | 14.2 | — | — | — | — | — | — | — |
| Price / book | 1.0 | 0.9 | 1.2 | — | — | — | — | — | — | — |
| Price / free cash flow | 16.3 | 26.1 | 21.3 | — | — | — | — | — | — | — |
| Price / operating cash flow | 16.2 | 25.9 | 21.0 | — | — | — | — | — | — | — |
| EV / sales | 12.3 | 11.6 | 16.1 | — | — | — | — | — | — | — |
| EV / EBITDA | 12.2 | 6.2 | 8.1 | — | — | — | — | — | — | — |
| EV / free cash flow | 22.1 | 33.7 | 24.3 | — | — | — | — | — | — | — |
| Earnings yield | 9.2% | 9.8% | 10.4% | — | — | — | — | — | — | — |
| Free cash flow yield | 6.1% | 3.8% | 4.7% | — | — | — | — | — | — | — |
| Dividend yield | 2.6% | 2.8% | 2.0% | — | — | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 4.0% | 4.7% | 2.0% | — | — | — | — | — | — | — |
| Share price at fiscal year-end | $30.49 | $25.60 | $39.62 | — | — | — | — | — | — | — |
| Per share | ||||||||||
| Revenue per share | $3.38 | $2.84 | $2.79 | $2.56 | $2.32 | $2.61 | $2.46 | $2.21 | $1.79 | $1.44 |
| Earnings per share | $2.82 | $2.52 | $4.12 | $3.51 | $2.51 | $1.17 | $2.29 | $1.55 | $2.07 | $0.72 |
| Operating cash flow per share | $1.88 | $0.99 | $1.88 | $0.94 | $1.56 | $1.75 | $1.76 | $1.45 | $1.35 | $1.08 |
| Free cash flow per share | $1.87 | $0.98 | $1.86 | $0.94 | $1.55 | $1.74 | $1.73 | $1.43 | $1.34 | $1.07 |
| Cash per share | $3.91 | $2.08 | $6.52 | $2.00 | $6.53 | $2.10 | $1.29 | $1.09 | $1.49 | $0.77 |
| Book value per share | $31.91 | $29.40 | $32.35 | $23.62 | $20.98 | $19.33 | $18.92 | $17.57 | $16.76 | $15.22 |
| Tangible book value per share | $31.91 | $29.40 | $32.35 | $23.62 | $20.98 | $19.33 | $18.92 | $17.57 | $16.76 | $15.22 |
| Dividends per share | $0.80 | $0.72 | $0.77 | $0.82 | $0.80 | $0.94 | $0.67 | $0.80 | $0.64 | $0.46 |
| Capex per share | $0.01 | $0.01 | $0.03 | $0.00 | $0.00 | $0.01 | $0.03 | $0.02 | $0.00 | $0.01 |
| Debt per share | $14.84 | $9.60 | $11.92 | $13.42 | $13.49 | $14.65 | $12.19 | $11.67 | $9.54 | $5.41 |
| Shares outstanding | 86.1M | 88.3M | 76.9M | 69.4M | 69.3M | 57.4M | 58.7M | 60.0M | 61.0M | 63.0M |
| Change in shares outstanding | −2.5% | +14.9% | +10.7% | +0.2% | +20.8% | −2.3% | −2.1% | −1.6% | −3.2% | +1.3% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 9.1% | 8.7% | 15.3% | 15.8% | 13.6% | 6.0% | 12.4% | 9.0% | 12.7% | 4.7% |
| Return on invested capital (ROIC) | 6.4% | 3.3% | 5.7% | 5.4% | 4.6% | 3.8% | 9.5% | 7.4% | 10.3% | 4.3% |
| Return on assets (ROA) | 5.7% | 5.7% | 9.4% | 8.5% | 6.9% | 3.1% | 6.6% | 4.9% | 7.6% | 3.0% |
| Return on tangible assets | 5.3% | 5.6% | 8.3% | 8.2% | 6.3% | 3.0% | 6.4% | 4.7% | 6.9% | 3.0% |
| Free cash flow margin | 55.3% | 34.5% | 66.5% | 36.5% | 67.0% | 66.6% | 70.5% | 64.9% | 74.8% | 74.6% |
| Income quality (OCF / net income) | 0.67 | 0.39 | 0.46 | 0.27 | 0.62 | 1.50 | 0.77 | 0.94 | 0.65 | 1.51 |
| Financial health | ||||||||||
| Total debt | $1.28B | $847.5M | $916.1M | $932.0M | $934.9M | $840.5M | $715.6M | $699.8M | $582.0M | $340.9M |
| Cash & short-term investments | $336.9M | $184.1M | $501.1M | $139.1M | $452.8M | $120.4M | $75.8M | $65.2M | $91.1M | $48.7M |
| Net debt | $940.6M | $663.4M | $415.0M | $792.9M | $482.1M | $720.1M | $639.8M | $634.6M | $490.9M | $292.2M |
| Debt / equity | 0.46 | 0.33 | 0.37 | 0.57 | 0.64 | 0.76 | 0.64 | 0.66 | 0.57 | 0.36 |
| Debt / assets | 0.28 | 0.21 | 0.24 | 0.32 | 0.34 | 0.37 | 0.34 | 0.35 | 0.32 | 0.23 |
| Net debt / EBITDA | 3.21 | 1.41 | 0.97 | 2.33 | 1.59 | 4.29 | 2.83 | 3.88 | 2.76 | 2.43 |
| Current ratio | 162.93 | 2.67 | 3.84 | 2.98 | 7.17 | 5.02 | 7.56 | 6.00 | 10.31 | 13.51 |
| Quick ratio | 162.93 | 2.67 | 3.71 | 2.72 | 0.00 | 5.02 | 7.56 | 6.00 | 10.31 | 13.51 |
| Interest coverage | 4.0 | 4.4 | 3.9 | 3.1 | 2.6 | 3.4 | 5.7 | 4.6 | 9.0 | 5.0 |
| Working capital | $392.4M | $151.6M | $418.9M | $134.3M | $414.5M | $114.4M | $83.1M | $83.5M | $111.9M | $74.3M |
| Invested capital | $3.69B | $3.26B | $2.90B | $2.43B | $1.94B | $1.83B | $1.75B | $1.69B | $1.51B | $1.25B |
| Tangible asset value | $2.75B | $2.60B | $2.49B | $1.64B | $1.45B | $1.11B | $1.11B | $1.05B | $1.02B | $959.4M |
| Net current asset value | −$1.40B | −$1.12B | −$738.8M | −$1.11B | −$824.5M | −$1.00B | −$886.8M | −$840.2M | −$685.8M | −$461.2M |
| Graham number | $44.98 | $40.82 | $54.75 | $43.18 | $34.42 | $22.53 | $31.24 | $24.76 | $27.92 | $15.65 |
| Graham net-net per share | −$16.42 | −$12.82 | −$9.90 | −$16.30 | −$8.53 | −$17.59 | −$15.20 | −$14.16 | −$11.78 | −$7.48 |
| Capital allocation | ||||||||||
| Dividends paid | $68.5M | $63.4M | $59.5M | $57.0M | $55.4M | $54.0M | $39.4M | $48.0M | $39.1M | $28.8M |
| Share buybacks (net) | $36.5M | $44.0M | $0 | $15.6M | $0 | $14.8M | $27.9M | $11.3M | $27.0M | $11.7M |
| Dividend payout ratio | 28.2% | 28.5% | 18.8% | 23.4% | 31.8% | 80.6% | 29.3% | 51.6% | 31.0% | 63.9% |
| Dividends + buybacks / free cash flow | 65.2% | 123.9% | 41.7% | 111.7% | 51.4% | 68.9% | 66.2% | 68.8% | 80.7% | 59.9% |
| Capex / revenue | 0.3% | 0.2% | 1.0% | 0.1% | 0.1% | 0.5% | 1.1% | 0.9% | 0.2% | 0.8% |
| Capex / operating cash flow | 0.5% | 0.7% | 1.4% | 0.3% | 0.2% | 0.8% | 1.6% | 1.4% | 0.3% | 1.0% |
| Capex / depreciation | 0.49 | 0.42 | 1.32 | 0.15 | 0.14 | 0.56 | 1.08 | 2.09 | 0.73 | 2.22 |
| Stock-based compensation / revenue | 4.4% | 3.6% | 3.7% | 3.7% | 3.5% | 2.5% | 1.9% | 1.5% | 1.3% | 1.0% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — | — | — |
| SG&A / revenue | 11.6% | 13.2% | 14.1% | 1.6% | 1.6% | 11.5% | 3.0% | 4.0% | 4.0% | 4.3% |
| Efficiency | ||||||||||
| Days sales outstanding | 72.9 | 74.5 | 76.2 | 75.5 | 56.3 | 48.5 | 67.1 | 94.8 | — | 108.5 |
| Days of inventory on hand | — | — | 367.9 | 7,973.1 | 16,390.9 | — | — | — | — | — |
| Days payables outstanding | 258.0 | 192.9 | 298.3 | 313.8 | 82.3 | 78.4 | 119.4 | 220.9 | 214.8 | 133.7 |
| Cash conversion cycle (days) | -185.1 | -118.4 | 145.8 | 7,734.9 | 16,364.9 | -29.9 | -52.3 | -126.0 | — | -25.2 |
| Receivables turnover | 5.00 | 4.90 | 4.79 | 4.83 | 6.48 | 7.52 | 5.44 | 3.85 | — | 3.37 |
| Payables turnover | 1.41 | 1.89 | 1.22 | 1.16 | 4.44 | 4.65 | 3.06 | 1.65 | 1.70 | 2.73 |
| Inventory turnover | — | — | 0.99 | 0.05 | 0.02 | — | — | — | — | — |
| Asset turnover | 0.07 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.06 |
| Average receivables | $58.1M | $51.3M | $44.8M | $36.8M | $24.8M | $19.9M | $26.6M | $34.5M | — | $26.9M |
| Average payables | $22.5M | $13.7M | $14.9M | $9.8M | $2.4M | $2.2M | $2.7M | $3.4M | $2.9M | $1.6M |
| Average inventory | — | — | $18.4M | $249.5M | $481.7M | — | — | — | — | — |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from VTMX's annual financial statements (latest annual report filed March 17, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
VTMX valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Corporación Inmobiliaria Vesta, S.A.B. de C.V. traded at 10.8 times earnings, against a 10-year median of 10.2. Based on the latest twelve months, the trailing P/E is 7.7 and the forward P/E is 13.7. Corporación Inmobiliaria Vesta, S.A.B. de C.V. earned a return on equity of 9.1% and a return on invested capital of 6.4% in fiscal 2025. It ended the year with $1.3 billion of debt and $336.9 million in cash and short-term investments, net debt of $940.6 million. It returned $105.1 million to shareholders: $68.5 million in dividends and $36.5 million in share buybacks, 65% of free cash flow. The share count rose 36.6% from 63.0M to 86.1M over 9 years.
See the VTMX income statement, the VTMX chart for price history, or the VTMX stock overview for the latest quote and news.
VTMX key metrics FAQ
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s P/E ratio?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s trailing P/E ratio is 7.7 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 13.7. At the end of fiscal 2025 it was 10.8, compared with a 10-year median of 10.2.
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s EV/EBITDA?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s enterprise value was 12.2 times EBITDA at the end of fiscal 2025 (enterprise value $3.6 billion, EBITDA $292.9 million); the current EV/EBITDA is 9.2.
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s return on equity?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s return on equity (ROE) was 9.1% in fiscal 2025: net income of $242.7 million on average shareholders' equity of $2.7 billion.
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s ROIC?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s return on invested capital was 6.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Corporación Inmobiliaria Vesta, S.A.B. de C.V. have?
Corporación Inmobiliaria Vesta, S.A.B. de C.V. had total debt of $1.3 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $940.6 million of net debt (3.21 times EBITDA).
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s dividend yield?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s forward dividend yield is 2.33%. Corporación Inmobiliaria Vesta, S.A.B. de C.V. paid $68.5 million in dividends in fiscal 2025 ($0.80 per share), a payout ratio of 28.2%.
Does Corporación Inmobiliaria Vesta, S.A.B. de C.V. buy back its shares?
Yes. Corporación Inmobiliaria Vesta, S.A.B. de C.V. spent $36.5 million on net share repurchases in fiscal 2025 Shares outstanding changed −2.5% over the year, to 86.1M..
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s free cash flow yield?
Corporación Inmobiliaria Vesta, S.A.B. de C.V. generated $161.0 million of free cash flow in fiscal 2025, a free cash flow yield of 6.1% on its market value at year-end ($2.6 billion).
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s current ratio?
Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s current ratio was 162.93 at the end of fiscal 2025: current assets were 162.93 times current liabilities.