VTMX
Real EstateCorporación Inmobiliaria Vesta, S.A.B. de C.V. · Real Estate - Services · $3B
What is Corporación Inmobiliaria Vesta, S.A.B. de C.V.?
Corporación Inmobiliaria Vesta is a Mexican industrial real estate company focused on acquiring, developing, and leasing industrial buildings and distribution centers across Mexico. It serves tenants in manufacturing, logistics, and e-commerce sectors.
Vesta generates revenue by leasing industrial properties to a range of corporate tenants. The company develops new facilities, acquires existing ones, and manages its portfolio to maintain high occupancy. Its business is closely tied to nearshoring trends in Mexico, as manufacturers and logistics operators seek modern industrial space near key transportation corridors.
Vesta was incorporated in 1998 and is headquartered in Mexico City, Mexico.
- Industrial building development and leasing
- Distribution center management
- Build-to-suit facilities for corporate tenants
- Portfolio acquisition and asset management
Is VTMX a Good Stock to Buy?
UQS Score rates VTMX as Good overall, reflecting a balanced profile with notable strengths and one area of concern.
Vesta's Quality pillar stands out as Strong, suggesting the business generates reliable returns relative to its asset base. The Risk pillar also rates Good, indicating the company's financial structure is relatively stable for a real estate operator. Valuation comes in at Good as well, meaning the stock does not appear significantly stretched on a fundamental basis.
The Moat pillar rates Weak, pointing to limited structural competitive advantages that could protect Vesta from rival developers or landlords over the long term.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does VTMX pay dividends?
Yes — Corporación Inmobiliaria Vesta, S.A.B. de C.V. pays a dividend.
Vesta pays a regular dividend, which is common among industrial real estate companies that generate steady rental income. The dividend reflects the company's ability to distribute cash flows from its leased portfolio. Investors focused on income may find this cadence appealing, though dividend levels can shift with occupancy rates and development activity.
When does VTMX report earnings?
Corporación Inmobiliaria Vesta reports earnings on a quarterly cadence, typical for publicly listed real estate companies.
Vesta's earnings tend to reflect leasing activity, occupancy trends, and new development completions. Growth has been Neutral per the UQS profile, suggesting the company is expanding steadily rather than at an accelerated pace. For the most current results, check the company's investor relations page.
For the most recent quarter's results, see Corporación Inmobiliaria Vesta's investor relations page.
VTMX Price History
+17.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Corporación Inmobiliaria Vesta, S.A.B. de C.V.?
Based on Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
VTMX Long-term Outlook
Vesta's fundamental outlook is shaped by Mexico's ongoing nearshoring wave, which continues to attract foreign manufacturers seeking industrial space. The Neutral Growth pillar suggests expansion is progressing at a measured rate rather than surging. The Good Risk rating indicates the balance sheet is managed conservatively, which provides a degree of resilience if leasing demand softens.
Growth drivers
- Nearshoring demand pulling manufacturers and logistics firms into Mexico
- Build-to-suit development pipeline serving new corporate tenants
- Expansion of e-commerce and distribution infrastructure across Mexican markets
Key risks
- Weak Moat rating signals limited pricing power versus competing industrial developers
- Currency and macroeconomic volatility in Mexico affecting tenant demand
- Rising construction and financing costs compressing development margins
VTMX vs Peers
Vesta operates in a competitive real estate landscape alongside a range of industrial and diversified property players.
Represents Brookfield's broader infrastructure and real asset exposure, contrasting with Vesta's focused Mexican industrial property strategy.
Another Brookfield capital instrument tied to diversified real assets, offering a different risk and income profile compared to Vesta's equity-based industrial REIT structure.
Forestar focuses on residential land development in the United States, making it a geographically and operationally distinct peer to Vesta's Mexican industrial real estate model.
Frequently Asked Questions
What does Corporación Inmobiliaria Vesta do?
Vesta acquires, develops, manages, and leases industrial buildings and distribution centers across Mexico. Its tenants include manufacturers, logistics operators, and e-commerce companies. The company profits from long-term lease agreements on its growing portfolio of industrial properties.
Does VTMX pay dividends?
Yes, Vesta pays a regular dividend. This is consistent with industrial real estate companies that distribute a portion of their rental income to shareholders. Dividend amounts can vary based on occupancy, development activity, and management decisions each period.
When does VTMX report earnings?
Vesta reports on a quarterly cadence, standard for publicly listed real estate companies. For exact dates and the most recent results, visit Corporación Inmobiliaria Vesta's official investor relations page.
Is VTMX a good stock to buy?
UQS Score rates VTMX as Good overall. The Quality and Risk pillars are among the stronger elements of the profile, while the Moat pillar is Weak. Whether it fits your portfolio depends on your own goals and risk tolerance. The full pillar breakdown is available to UQS Pro members.
Is VTMX overvalued?
The UQS Valuation pillar for VTMX rates as Good, suggesting the stock is not significantly overpriced relative to its fundamentals. Valuation in real estate can shift with interest rates and property market conditions, so ongoing monitoring is worthwhile.
How does VTMX compare to its competitors?
Vesta is a pure-play Mexican industrial real estate operator, which differentiates it from broader infrastructure vehicles like Brookfield's perpetual notes or US-focused residential land developers like Forestar. Its niche focus on Mexican industrial and logistics properties is a defining characteristic.
What is VTMX's market cap bracket?
VTMX is classified as a mid-cap stock. This places it in a range that typically offers more liquidity than small-caps while remaining more growth-oriented than the largest mega-cap real estate companies.
Who founded Corporación Inmobiliaria Vesta?
Vesta was incorporated in 1998. For detailed founding history and leadership background, the company's official website and investor relations materials are the most reliable sources.
Is VTMX a long-term quality indicator?
The UQS Quality pillar for VTMX rates Strong, which is a positive signal for long-term fundamental durability. However, the Weak Moat rating suggests the company may face competitive pressure over time. Long-term investors should weigh both factors alongside their own research.
What sector does VTMX belong to?
VTMX operates in the Real Estate sector, specifically within industrial and logistics property development and leasing in Mexico. This segment has attracted attention due to nearshoring trends driving demand for modern manufacturing and distribution facilities.
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Pro Analysis
VTMX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 7, 2026 | 56.5 | 81.9 | 24.0 | 43.6 | 75.1 | 66.8 | -0.1 |
| May 6, 2026 | 56.6 | 81.9 | 24.0 | 43.6 | 75.1 | 67.4 | +0.3 |
| May 3, 2026 | 56.3 | 81.9 | 24.0 | 42.8 | 75.1 | 66.9 | +0.1 |
| May 2, 2026 | 56.2 | 81.9 | 24.0 | 42.8 | 75.1 | 66.1 | 0.0 |
| Apr 26, 2026 | 56.2 | 81.9 | 24.0 | 43.0 | 75.1 | 66.1 | -0.1 |
| Apr 25, 2026 | 56.3 | 81.9 | 24.0 | 42.5 | 75.1 | 67.3 | -0.1 |
| Apr 23, 2026 | 56.4 | 81.9 | 24.0 | 42.7 | 75.1 | 67.3 | -0.2 |
| Apr 19, 2026 | 56.6 | 81.9 | 24.0 | 42.1 | 75.1 | 69.4 | 0.0 |
| Apr 18, 2026 | 56.6 | 81.9 | 24.0 | 42.1 | 75.1 | 70.0 | -0.3 |
| Apr 14, 2026 | 56.9 | 81.9 | 24.0 | 41.7 | 75.1 | 72.0 | +0.1 |
VTMX — Pillar Breakdown
Quality
— 84.7/100 (25%)Corporación Inmobiliaria Vesta, S.A.B. de C.V. demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 45.6/100 (20%)Corporación Inmobiliaria Vesta, S.A.B. de C.V. shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 75.4/100 (15%)Corporación Inmobiliaria Vesta, S.A.B. de C.V. carries minimal financial risk with conservative leverage and strong solvency.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 73.1/100 (15%)Corporación Inmobiliaria Vesta, S.A.B. de C.V. trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
Enterprise value multiple relative to sector median.
Moat
— 24/100 (25%)Corporación Inmobiliaria Vesta, S.A.B. de C.V. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for VTMX.
Score Composition
Financial Data
More Stock Analysis
How is the VTMX UQS Score Calculated?
The UQS (Unified Quality Score) for Corporación Inmobiliaria Vesta, S.A.B. de C.V. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Corporación Inmobiliaria Vesta, S.A.B. de C.V.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Corporación Inmobiliaria Vesta, S.A.B. de C.V. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.