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FIBRA Prologis (FIBRAPL14) Fair Value & Analysis

Real Estate · MX · Market cap 128B MXN (≈ $7.6B) · ISIN MXCFFI170008

What is FIBRA Prologis really worth?

FP FIBRA Prologis FIBRAPL14 · MX
Price75.25 MXN
Fair Value94.18 MXN
Upside+25.2%
Quality44/100

Below-average quality, trading 20% below our fair value of 94.18 MXN.

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Strengths

Highly profitable · 89.1% net margin
Low debt · generates free cash flow
Ranks above peers (10/14)
Wide moat 68/100

Risks

!Weak Growth (revenue 5y −31.7 %/yr)
!Weak on dividend: 5 out of 100

For context

·0.26% dividend yield
Evidence: High Range 64.36 MXN – 124.00 MXN

Fair value as of: Aug 30, 2026

From 6 valuation models · updated 6 days ago

Fair value updated Aug 30, 2026, revised from 93.61 MXN to 94.18 MXN (+0.6%) since Aug 27, 2026. Share price −2.2% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • A fairly wide model range (64.36 MXN to 124.00 MXN) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (5 years)

85.20 MXN 26.87 MXN Fair Value 94.18 MXN Jun 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 30, 2026.

How to read this chart

60‑month range 26.87 MXN – 85.20 MXN · fair‑value band 64.36 MXN – 124.00 MXN · the 75.25 MXN price screens below the 94.18 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 30, 2026.

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Analysis

FIBRA Prologis (FIBRAPL14) currently trades at 75.25 MXN, while our model-based Fair Value estimate is 94.18 MXN, implying the stock looks roughly 20.1% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Real Estate sector. Bull case: the Multiples group reads highest at a median of 94.18 MXN per share, and 4 of the 6 models we run sit above the 75.25 MXN price. Bear case: the Dividend Discount group reads lowest at 39.76 MXN, and 2 of the 6 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, FIBRA Prologis generated revenue of 714M MXN at a net margin of 89.1%. Revenue grew 7.1% year over year. It earns a return on equity of 8.9%. Net debt stands at 41.9B MXN. Fundamentals as of Aug 30, 2026

Our scenario range runs from 64.36 MXN (bear case) to 124.00 MXN (bull case); at 75.25 MXN, the current price sits within 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 14% below its 52-week high and 20% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at −43% fair-value upside, at 25%, FIBRAPL14 screens cheaper than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly 4.50 MXN per share, which is 4.8 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced 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. Every input is real reported data, nothing guessed.

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 best evidence 1,819 MXN 1,666 MXN 1,166 MXN 76
Gordon GGM 36.28 MXN 39.76 MXN 45.00 MXN 69
DDM Multi-Stage 36.28 MXN 45.69 MXN 58.60 MXN 67
All 6 models by family
Dividend Discount
Gordon GGM 36.28 MXN 39.76 MXN 45.00 MXN 69
DDM Multi-Stage 36.28 MXN 45.69 MXN 58.60 MXN 67
Multiples
P/S Multiple 70.46 MXN 94.18 MXN 117.55 MXN 58
P/B Multiple 164.64 MXN 219.40 MXN 274.17 MXN 55
Asset-Based
NCAV (Graham) 1,353 MXN 1,813 MXN 2,706 MXN 54
Economic Profit
Residual Income best evidence 1,819 MXN 1,666 MXN 1,166 MXN 76

Widest divergence: Asset-Based (1,813 MXN) versus Dividend Discount (39.76 MXN). Highest evidence: Residual Income (76).

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Key figures & financial health

P/E ratio 11.0
P/S ratio 9.85 P/E × margin
EPS (TTM) 6.82 MXN price ÷ EPS = P/E 11.0
Dividend yield 0.3% payout 2.9%
Net margin 89.2% FY2025
Return on equity 8.9% TTM
More key figures
Profitability
Return on assets (EBIT) 2.1% avg 5y
Operating margin 72.2% TTM
Growth
Revenue (TTM) 714M MXN TTM
Revenue growth (YoY) +7.1% 3y avg −50.0%
EPS growth (YoY) +10.7%
Balance sheet & cash flow
Free cash flow 373M MXN FY2025
Net debt 41.9B MXN FY2025

Figures from reported company fundamentals · as of Aug 30, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 57

Profitability 28
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 2
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 29
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

FIBRA Prologis is a real estate investment trust (REIT) that invests in and manages Class A industrial properties in Mexico. As of December 31, 2025, Its portfolio comprised 518 investment properties, totaling 87.4 million square feet (8.1 million square meters).

Full company description

FIBRA Prologis is a real estate investment trust (REIT) that invests in and manages Class A industrial properties in Mexico. As of December 31, 2025, Its portfolio comprised 518 investment properties, totaling 87.4 million square feet (8.1 million square meters). This includes 350 strategically located logistics and manufacturing buildings in six major industrial markets in Mexico, comprising 65.9 million square feet (6.1 million square meters) of Gross Leasable Area (GLA), and 168 buildings with 21.5 million square feet (1.9 million square meters) of non-strategic assets in other markets. FIBRA Prologis was established on August 13, 2013 and incorporated in Mexico.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FIBRA Prologis reported revenue of $692M in FY2025 versus $4.9B in FY2021, a compound −38.7%/yr. Reported net income was $617M in FY2025, compounding −50.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
692M MXN
Latest YoY
+69.5%
Avg. revenue 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.
−50.0%
Avg. revenue 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.
−31.7%
Avg. revenue growth/yr (8Y) 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.
−18.4%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
−38.0% (−38.3 + 0.3)
Revenue −38.7%/yr
FY21 $4.9B
FY22 $5.5B
FY23 $330M
FY24 $408M
FY25 $692M
Net income −50.1%/yr
FY21 $10.0B
FY22 $7.5B
FY23 $885M
FY24 $1.2B
FY25 $617M

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Cite: Fair Value Calculator (2026). "FIBRA Prologis Fair Value". https://www.fairvalue-calculator.com/stock/FIBRAPL14

Earlier news

External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.

Peer Group

REIT - Industrial · 56 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 44 · Bottom 25%
Fair Value upside +25% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 3% · Top 25%
Net margin (TTM) 89% · Top 25%
Operating margin (TTM) 72% · Above median
Revenue growth 7% · Above median
Dividend yield (TTM) 0.3% · Bottom 25%
Debt / equity 0.27× · Lower than 75% of peers

Valuation Multiples vs REIT - Industrial median · lower = cheaper

P/E (TTM) 11.0× · Cheaper than median
P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 10.59× · Pricier than 75% of peers
P/FCF 20.3× · Pricier than 75% of peers
EV/EBITDA 4.9× · Cheaper than 75% of peers

Strength profile in five axes (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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE67 · sector 7
FUTURE36 · sector 16
PAST36 · sector 29
HEALTH86 · sector 77
DIVIDEND5 · sector 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

Similar stocks

10 more REIT - Industrial stocks, each showing price versus our Fair Value estimate (as of Aug 30, 2026).

Stock Price Fair Value vs Fair Value
Prologis, Inc PLD $140.70 $61.28 −56%
Public Storage, a member of the S&P 500, PSA $311.20 $162.43 −48%
Extra Space Storage Inc EXR $140.12 $78.38 −44%
EastGroup Properties, Inc EGP $198.47 $81.41 −59%
Lineage, Inc LINE $39.32 $47.91 +22%
CapitaLand Ascendas REIT (CLAR) A17U 2.44 SGD 2.00 SGD −18%
CubeSmart CUBE $39.73 $25.06 −37%
First Industrial Realty Trust, Inc FR $62.39 $20.72 −67%
Rexford Industrial Realty, Inc REXR $36.39 $20.69 −43%
STAG Industrial, Inc STAG $37.18 $21.64 −42%

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Frequently asked questions

Is FIBRA Prologis (FIBRAPL14) overvalued or undervalued?
As of Aug 30, 2026, our model estimates a fair value of 94.18 MXN versus a price of 75.25 MXN, about +25% upside (undervalued).
What is the fair value of FIBRAPL14?
Our model-based fair value for FIBRA Prologis is 94.18 MXN (as of Aug 30, 2026), built from audited fundamentals. The current price: 75.25 MXN.
What is the quality score of FIBRAPL14?
FIBRA Prologis has a Quality Score of 44/100. 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 FIBRA Prologis (FIBRAPL14)?
FIBRA Prologis reported trailing-twelve-month revenue of about 714M MXN (latest available figure, as of Aug 30, 2026).
What is the net profit margin of FIBRAPL14?
The net profit margin of FIBRA Prologis is about 89.1%, meaning it keeps roughly 89.1% of revenue as net income. Based on the latest reported figures.
Does FIBRA Prologis pay a dividend?
FIBRA Prologis currently shows a dividend yield of about 0.26% relative to its recent price (as of Aug 30, 2026).
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