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DINE, S.A. (DINEA) Fair Value & Analysis

Real Estate · MX · Market cap 13.6B MXN

DS DINE, S.A. DINEA · MX
Price21.39 MXN
Fair Value4.28 MXN
Upside-80.0%
Quality55/100
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Expensive Growth
Solidly profitable · 17.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (7/12)
Moderate moat 62/100
Evidence: High Range 4.28 MXN – 6.27 MXN Share as image

Fair value as of: Aug 13, 2026

From 9 valuation models · updated today

Share price +1.9% over the past month.

A solid business, but screening 80% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (6.27 MXN). The favourable scenario is already priced in.
  • Solid but not exceptional quality (55/100) and above fair value, neither a clear bargain nor a standout compounder.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

31.93 MXN 15.12 MXN Fair Value 4.28 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 15.12 MXN – 31.93 MXN · fair‑value band 4.28 MXN – 6.27 MXN · the 21.39 MXN price screens above the 4.28 MXN fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

DINE, S.A. (DINEA) currently trades at 21.39 MXN, while our model-based Fair Value estimate is 4.28 MXN, implying the stock looks roughly 80.0% overvalued today. The Quality Score stands at 55/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, DINE, S.A. generated revenue of 3.2B MXN at a net margin of 17.9%. Revenue grew 23.8% year over year. It earns a return on equity of 16.2%. Net debt stands at 2.4B MXN. Fundamentals as of Aug 13, 2026

Our scenario range runs from 4.28 MXN (bear case) to 6.27 MXN (bull case); at 21.39 MXN, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 12% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at -80%, DINEA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 5.20 MXN 6.59 MXN 17.13 MXN 76
Gordon GGM 1.56 MXN 3.24 MXN 5.15 MXN 70
DDM Multi-Stage 1.56 MXN 2.74 MXN 3.40 MXN 61
All 9 models by family
Dividend Discount
Gordon GGM 1.56 MXN 3.24 MXN 5.15 MXN 70
DDM Multi-Stage 1.56 MXN 2.74 MXN 3.40 MXN 61
Multiples
P/S Multiple 9.33 MXN 12.43 MXN 15.54 MXN 58
P/B Multiple 8.09 MXN 10.79 MXN 13.49 MXN 55
EV/EBIT 6.13 MXN 8.13 MXN 10.13 MXN 53
EV/EBITDA 5.42 MXN 7.18 MXN 8.94 MXN 54
EV/Revenue 3.44 MXN 4.86 MXN 6.28 MXN 43
Asset-Based
NCAV (Graham) 2.70 MXN 3.62 MXN 5.40 MXN 50
Economic Profit
Residual Income 5.20 MXN 6.59 MXN 17.13 MXN 76

Widest divergence: Multiples (8.13 MXN) versus Dividend Discount (2.74 MXN). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 3.2B MXN
Revenue growth (YoY) +23.8%
Net margin 17.9%
Return on equity 16.2%
Free cash flow −615M MXN FY2025
P/E ratio 32.9 as of Jun 10, 2026
More key figures
Operating margin 24.3%
EPS (TTM) 0.7300 MXN
EPS growth (YoY) +243%
Net debt 2.4B MXN FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 55/100

Of which business quality 47 · Market factors (momentum, volatility) 48

Profitability 41
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

DINE, S.A.B. de C.V., through its subsidiaries, develops real estate projects in Mexico. The company is also involved in the acquisition, development, and disposal of residential, tourist, and commercial properties. In addition, it provides administrative and advisory services. The company was founded in 1978 and is headquartered in Mexico City, Mexico.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DINE, S.A. reported revenue of 3.0B MXN in FY2025 versus 1.3B MXN in FY2021, a compound +23.5%/yr. Reported net income was 465M MXN in FY2025, compounding +54.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
3.0B MXN
Latest YoY
−34.1%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+39.5%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+31.3%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.5%
Revenue +23.5%/yr
FY21 1.3B MXN
FY22 1.1B MXN
FY23 1.4B MXN
FY24 4.5B MXN
FY25 3.0B MXN
Net income +54.1%/yr
FY21 82.6M MXN
FY22 217M MXN
FY23 −107M MXN
FY24 13.0M MXN
FY25 465M MXN

DINEA screens 80% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "DINE, S.A. Fair Value". https://www.fairvalue-calculator.com/stock/DINEA

Peer Group

Real Estate - Development · 592 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 53 · Above median
Fair Value upside −80% · Bottom 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 3% · Above median
Net margin (TTM) 18% · Above median
Operating margin (TTM) 24% · Top 25%
Revenue growth 24% · Above median
Debt / equity 0.05× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 32.9× · Pricier than 75% of peers
P/B 3.96× · Pricier than 75% of peers
P/S (TTM) 4.26× · Pricier than 75% of peers
EV/EBITDA 36.6× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 47
FUTURE 100 · sector 0
PAST 65 · sector 10
HEALTH 98 · sector 85
DIVIDEND 0 · sector 37

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹661.75 ₹146.13 -78%
Lodha Developers Limited LODHA ₹1,209 ₹583.43 -52%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,150 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,488 IDR +150%
PT Sentul City Tbk, BKSL 73.00 IDR 84.16 IDR +15%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
Khang Dien House Trading and Investment Joint Stock Company KDH 18,150 VND 20,338 VND +12%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%

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Frequently asked questions

Is DINE, S.A. (DINEA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 4.28 MXN versus a price of 21.39 MXN, about −80% (overvalued).
What is the fair value of DINEA?
Our model-based fair value for DINE, S.A. is 4.28 MXN (as of Aug 13, 2026), built from audited fundamentals. The current price is 21.39 MXN.
What is the quality score of DINEA?
DINE, S.A. has a Quality Score of 55/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of DINE, S.A. (DINEA)?
DINE, S.A. reported trailing-twelve-month revenue of about 3.2B MXN (latest available figure, as of Aug 13, 2026).
What is the net profit margin of DINEA?
The net profit margin of DINE, S.A. is about 17.9%, meaning it keeps roughly 17.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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