FIBRA Macquarie México (FIBRAMQ12) fair value: what the stock is really worth
As of Sep 30, 2026: fair value of FIBRA Macquarie México MXN 32.12, price MXN 44.22, upside -27.4%, quality 46 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range 14.20 MXN – 46.04 MXN · fair‑value band 15.88 MXN – 54.63 MXN · the 44.22 MXN price screens above the 32.12 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
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FIBRA Macquarie Mexico is a real estate investment trust or FIBRA. The firm is listed on the Mexican Securities Exchange, specialized in industrial opportunities, commercial and office in Mexico, with a primary focus on stabilized properties and revenue-generating.
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FIBRA Macquarie Mexico is a real estate investment trust or FIBRA. The firm is listed on the Mexican Securities Exchange, specialized in industrial opportunities, commercial and office in Mexico, with a primary focus on stabilized properties and revenue-generating. As of December 31, 2025, FIBRA Macquarie's portfolio consists of 245 industrial properties and 17 commercial/office properties located in 20 cities in 16 states of the Mexican Republic. Nine of the commercial properties are part of a 50/50 joint venture. FIBRA Macquarie México was incorporated in November 14th 2012 in Mexico. As of May 29, 2026, FIBRA Macquarie México operates as a subsidiary of Fibra Mty, S.A.P.I. de C.V.
Stock analysis
FIBRA Macquarie México (FIBRAMQ12) currently trades at 44.22 MXN, while our model-based Fair Value estimate is 32.12 MXN, 27.4% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 55.40 MXN per share, and 4 of the 11 models we run sit above the 44.22 MXN price.
Bear case: the Growth DCF group reads lowest at 28.96 MXN, and 7 of the 11 models stay below the price. Evidence for this calculation is medium.
Scenario range: 15.88 MXN (bear) to 54.63 MXN (bull), the price of 44.22 MXN sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
FIBRA Macquarie México reported revenue of 5.1B MXN in FY2025 versus 3.8B MXN in FY2021, a compound +7.1%/yr. Reported net income was −2.4B MXN in FY2025.
Key figures
Market cap 35.3B MXN (≈ $1.9B) · P/E ex one-offs 13.6 · P/S ratio 7.12 · EPS (TTM) −1.80 MXN · Dividend yield 6.9% · Net margin −47.1% · Return on equity −3.3% · Return on assets (EBIT) 5.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 4% below its 52-week high and 57% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 27% fair-value upside, at −27%, FIBRAMQ12 screens richer than that median.
Fair Value models
Bear 15.88 MXNFair Value 32.12 MXNBull 54.63 MXN
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.39/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+10.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+7.5%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.7%
Start year 2020 (pandemic)
Revenue growth 8 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.7%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
77.5% (2021) → 71.2% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+22.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+5.5%
Yearly sales growth analysts expect, extended to five years.
After inflation (Mexico: IMF forecast 3.3% a year to 2030, 4.8% from 2016 to 2025) that is about +18.5% a year for the price and +2.1% for the forecasts.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.REIT - Industrial · 52 stocks
Beats the industry median on 7/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Bottom 25%
Fair Value upside−27.4% · Below median
Profitability
Return on assets3.2% · Above median
Net margin (TTM)−28.1% · Bottom 25%
Operating margin (TTM)69.5% · Above median
Growth and dividend
Revenue growth−4.4% · Bottom 25%
Dividend yield (TTM)6.9% · Above median
Balance sheet
Debt / equity0.47× · Above median
Valuation Multiplesvs REIT - Industrial median · lower = cheaper
P/B0.05× · Cheapest 25%
P/S (TTM)0.38× · Cheapest 25%
P/FCF1.1× · Cheapest 25%
EV/EBITDA5.1× · Cheapest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 20
FUTURE (revenue growth)0· sector 16
PAST (return on equity)0· sector 29
HEALTH (low debt)77· sector 77
DIVIDEND (yield)100· sector 100
VALUE 0: the price sits above our fair-value range.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is FIBRA Macquarie México (FIBRAMQ12) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 32.12 MXN versus a price of 44.22 MXN, about −27% upside (overvalued).
What is the fair value of FIBRAMQ12?
Our model-based fair value for FIBRA Macquarie México is 32.12 MXN (as of Sep 27, 2026), built from audited fundamentals. The current price: 44.22 MXN.
What is the quality score of FIBRAMQ12?
FIBRA Macquarie México has a Quality Score of 46/100. 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 price target for FIBRA Macquarie México (FIBRAMQ12)?
Our model-based price target is the fair value of 32.12 MXN (as of Sep 27, 2026) from 11 valuation models. Cautious scenario 15.88 MXN, optimistic scenario 54.63 MXN. It is a calculation from audited fundamentals, not an analyst target.
What is the FIBRA Macquarie México stock forecast for 2026?
Our models put fair value at 32.12 MXN, about −27% upside versus a price of 44.22 MXN (overvalued). Cautious scenario 15.88 MXN, optimistic scenario 54.63 MXN. The calculation is refreshed regularly with new filings.
What is the revenue of FIBRA Macquarie México (FIBRAMQ12)?
FIBRA Macquarie México reported trailing-twelve-month revenue of about 5.1B MXN (latest available figure, as of Sep 27, 2026).
Does FIBRA Macquarie México pay a dividend?
FIBRA Macquarie México currently shows a dividend yield of about 6.93% relative to its recent price (as of Sep 27, 2026).
What growth is priced into FIBRA Macquarie México (FIBRAMQ12)?
For today's price to be fair in a discounted-cash-flow model, FIBRA Macquarie México would have to grow free cash flow by +22.4 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.7 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of FIBRAMQ12 use?
Our models discount FIBRA Macquarie México at 12.0 %: a base by market capitalisation (small), damped by beta 0.47, country premium for Mexico. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For FIBRA Macquarie México that is +22.4 % per year a year over ten years, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has FIBRA Macquarie México (FIBRAMQ12) delivered so far?
Over the past 5 years revenue at FIBRA Macquarie México grew +4.7 % a year. The price currently implies +22.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of FIBRA Macquarie México (FIBRAMQ12) growing?
The median revenue growth in the sector is +1.8 % a year. That is the yardstick for the growth priced into FIBRA Macquarie México (+22.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of FIBRA Macquarie México (FIBRAMQ12)?
The free-cash-flow yield on the price is 5.24 %: that much free cash flow FIBRA Macquarie México produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of FIBRA Macquarie México (FIBRAMQ12)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For FIBRA Macquarie México it is 32.12 MXN per share (as of Sep 27, 2026), against a price of 44.22 MXN. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is FIBRA Macquarie México stock overvalued or undervalued in 2026?
As of Sep 27, 2026, FIBRAMQ12 trades above its calculated fair value: price 44.22 MXN, fair value 32.12 MXN, a gap of about −27% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of FIBRAMQ12?
No. The price is what the market pays today (44.22 MXN); the fair value is what the company's own numbers justify (32.12 MXN). For FIBRA Macquarie México the two are 12.10 MXN per share apart. That gap is exactly why we show both numbers side by side.
How much is FIBRA Macquarie México worth?
The market values FIBRA Macquarie México at about 35.3B MXN (market capitalisation, as of Sep 27, 2026). Per share that is 44.22 MXN; our models calculate a fair value of 32.12 MXN per share.
What do the bullish and bearish scenarios say about FIBRAMQ12?
Our models span a range for FIBRA Macquarie México: cautious scenario 15.88 MXN, base 32.12 MXN, optimistic 54.63 MXN per share (as of Sep 27, 2026, price 44.22 MXN). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of FIBRA Macquarie México (FIBRAMQ12)?
Balance-sheet figures for FIBRA Macquarie México (as of Sep 27, 2026): return on equity −3.3%, debt of 0.47 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is FIBRAMQ12 from its 52-week high?
FIBRA Macquarie México trades at 44.22 MXN, about 4% below its 52-week high of 46.04 MXN and 57% above the low of 28.24 MXN (as of Sep 30, 2026). Distance from the high says nothing about value: that is what the fair value of 32.12 MXN is for.
Which stocks are comparable to FIBRA Macquarie México?
From the same area (Real Estate) we also value Public Storage, a member of the S&P 500,, Prologis, Inc, Extra Space Storage Inc, EastGroup Properties, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is FIBRA Macquarie México stock attractive at the current price?
The data as of Sep 27, 2026: price 44.22 MXN, calculated fair value 32.12 MXN (−27%), Quality Score 46/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of FIBRAMQ12 calculated?
We run FIBRA Macquarie México through 11 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 32.12 MXN, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.7 % above its aggregate fair value. FIBRA Macquarie México itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of FIBRA Macquarie México (FIBRAMQ12)?
The closing price on Sep 30, 2026 was 44.22 MXN. Our model-based fair value is 32.12 MXN, about −27% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with FIBRA Macquarie México right now?
The model range is unusually wide (15.88 MXN to 54.63 MXN). The outcome hinges heavily on assumptions, so read the point estimate with caution. Solid but not exceptional quality (46/100) 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.
Key figures of FIBRA Macquarie México
How large is the market capitalisation of FIBRA Macquarie México (FIBRAMQ12)?
The market capitalisation of FIBRA Macquarie México is 35.3B MXN (≈ $1.9B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of FIBRA Macquarie México (FIBRAMQ12) excluding one-off items?
Excluding one-off items, the price-to-earnings ratio of FIBRA Macquarie México is 13.6 (fiscal year 2025, the reported result was a loss).
What is the P/S ratio of FIBRA Macquarie México (FIBRAMQ12)?
The price-to-sales ratio of FIBRA Macquarie México is 7.12 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of FIBRA Macquarie México (FIBRAMQ12)?
Earnings per share at FIBRA Macquarie México are −1.80 MXN. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of FIBRA Macquarie México (FIBRAMQ12)?
The dividend yield of FIBRA Macquarie México is 6.9%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of FIBRA Macquarie México (FIBRAMQ12)?
The net margin of FIBRA Macquarie México is −47.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of FIBRA Macquarie México (FIBRAMQ12)?
The return on equity (ROE) of FIBRA Macquarie México is −3.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of FIBRA Macquarie México (FIBRAMQ12)?
On an EBIT basis the return on assets of FIBRA Macquarie México is 5.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of FIBRA Macquarie México (FIBRAMQ12)?
The operating margin of FIBRA Macquarie México is 69.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at FIBRA Macquarie México (FIBRAMQ12)?
Revenue at FIBRA Macquarie México is growing −4.4% versus a year earlier (3y avg +7.5%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at FIBRA Macquarie México (FIBRAMQ12)?
Earnings per share at FIBRA Macquarie México are growing +690% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does FIBRA Macquarie México (FIBRAMQ12) carry?
The net debt of FIBRA Macquarie México is 18.6B MXN (fiscal year 2025, ≈ 10.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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