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Fibra Mty S.A.P.I. de C.V. (FMTY14) Fair Value & Analysis

Financial Services · MX · Market cap 36.6B MXN (≈ $2.2B) · ISIN MXCFFM010000

What is Fibra Mty S.A.P.I. de C.V. really worth?

FM Fibra Mty S.A.P.I. de C.V. FMTY14 · MX
Price14.30 MXN
Fair Value4.73 MXN
Upside−66.9%
Quality49/100

Below-average quality, and trading another 202% above our fair value of 4.73 MXN.

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Risks

!Mixed Growth (revenue 5y +14.8 %/yr)
!Loss over the last twelve months · -13.9% net margin · fiscal year 2023 13.3%
!negative free cash flow
!Mixed vs. peers (5/11)
!Narrow moat 40/100
!Evidence only low, so the estimate is less certain

For context

·8.78% dividend yield
Evidence: Low Range 3.55 MXN – 5.91 MXN

Fair value as of: Aug 27, 2026

From 6 valuation models · updated 9 days ago

Fair value updated Aug 27, 2026, revised from 4.78 MXN to 4.73 MXN (−1.0%) since Aug 24, 2026.

What runs behind every stock

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

What matters now

  • The price sits above even our optimistic bull case (5.91 MXN). The favourable scenario is already priced in.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.

Price vs Fair Value (5 years)

15.92 MXN 6.58 MXN Fair Value 4.73 MXN May 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 27, 2026.

How to read this chart

60‑month range 6.58 MXN – 15.92 MXN · fair‑value band 3.55 MXN – 5.91 MXN · the 14.30 MXN price screens above the 4.73 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 27, 2026.

Full chart & analysis →

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Analysis

Fibra Mty S.A.P.I. de C.V. (FMTY14) currently trades at 14.30 MXN, while our model-based Fair Value estimate is 4.73 MXN, implying the stock looks roughly 202.3% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Financial Services sector. Bull case: the Multiples group reads highest at a median of 4.74 MXN per share, and 0 of the 6 models we run sit above the 14.30 MXN price. Bear case: the Dividend Discount group reads lowest at 0.6900 MXN, and 6 of the 6 models stay below the price. Evidence for this calculation is low.

Over the trailing twelve months, Fibra Mty S.A.P.I. de C.V. generated revenue of 3.3B MXN at a net margin of −13.9%. Revenue declined 3.8% year over year. It earns a return on equity of −1.3%. Net debt stands at 2.9B MXN. Fundamentals as of Aug 27, 2026

Our scenario range runs from 3.55 MXN (bear case) to 5.91 MXN (bull case); at 14.30 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 11% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at −10% fair-value upside, at −67%, FMTY14 screens richer than that median.

Fair Value models

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 3.06 MXN 3.55 MXN 7.41 MXN 72
DDM Multi-Stage 0.4000 MXN 0.6900 MXN 0.8600 MXN 67
Gordon GGM 0.4000 MXN 0.8200 MXN 1.30 MXN 66
All 6 models by family
Dividend Discount
Gordon GGM 0.4000 MXN 0.8200 MXN 1.30 MXN 66
DDM Multi-Stage 0.4000 MXN 0.6900 MXN 0.8600 MXN 67
Multiples
P/E Multiple 3.68 MXN 4.91 MXN 6.13 MXN 63
P/B Multiple 3.56 MXN 4.74 MXN 5.93 MXN 55
Asset-Based
NCAV (Graham) 1.69 MXN 2.27 MXN 3.39 MXN 51
Economic Profit
Residual Income best evidence 3.06 MXN 3.55 MXN 7.41 MXN 72

Widest divergence: Multiples (4.74 MXN) versus Dividend Discount (0.6900 MXN). Highest evidence: Residual Income (72).

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Key figures & financial health

P/E ratio 27.8 as of Jul 10, 2026
P/S ratio 3.68 P/E × margin
EPS (TTM) 0.5300 MXN price ÷ EPS = P/E 27.8
Dividend yield 8.8%
Net margin 13.3% FY2023
Return on equity −1.3% TTM
More key figures
Profitability
Return on assets 3.4% TTM
Operating margin 81.7% TTM
Growth
Revenue (TTM) 3.3B MXN TTM
Revenue growth (YoY) −3.8% 3y avg +19.3%
EPS growth (YoY) −56.9%
Balance sheet & cash flow
Free cash flow −2.1B MXN FY2023
Net debt 2.9B MXN FY2023

Figures from reported company fundamentals · as of Aug 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 40 · Market factors (momentum, volatility) 59

Profitability 32
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 5
Balance sheet, leverage, solvency risk
Investment 56
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 52
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.

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 Mty, S.A.P.I. de C.V. is a real estate investment trust that initiated operations on December 11, 2014, identified by the number F/2157 (Trust 2157). Fibra Mty's strategy is based mainly on the acquisition, administration, development, and operation of corporate properties in Mexico.

Full company description

Fibra Mty, S.A.P.I. de C.V. is a real estate investment trust that initiated operations on December 11, 2014, identified by the number F/2157 (Trust 2157). Fibra Mty's strategy is based mainly on the acquisition, administration, development, and operation of corporate properties in Mexico. Fibra Mty is a FIBRA qualified as a transparent entity under Mexican Income Tax laws; therefore, all revenues derived from Fibra Mty's operation are attributable to the holders of its CBFIs, given that Trust 2157 is not subject to Income Tax in Mexico. To maintain FIBRA status articles 187 and 188 of Mexican Income Tax Law establish that FIBRA such as Trust 2157 must distribute annually at least 95% of their net income to holders of CBFIs and invest at least 70% of their assets in real estate rental properties, among other requirements. Fibra Mty is internally managed by Administrator Fibra Mty, S.C., making Fibra Mty the first investment vehicle of its kind within the FIBRAS sector in Mexico, supported by an innovative corporate governance structure, aligned with investor interests, generating economies of scale and taking advantage of the opportunities offered by the real estate market. Fibra Mty, S.A.P.I. de C.V. was incorporated in Mexico.

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

Revenue & earnings trend

FY2019 – FY2023 · reported fiscal years

Fibra Mty S.A.P.I. de C.V. reported revenue of 7.3B MXN in FY2023 versus 4.6B MXN in FY2019, a compound +12.0%/yr. Reported net income was 965M MXN in FY2023, compounding +2.0%/yr from FY2019.

Growth Quality 50/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2023)
7.3B MXN
Latest YoY
+33.6%
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.
+19.3%
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.
+14.8%
Avg. revenue growth/yr (6Y) 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%
Value creation/yr (5Y, in MXN) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in MXN: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−29.8% (−38.6 + 8.8)
Revenue +12.0%/yr
FY19 4.6B MXN
FY20 4.3B MXN
FY21 4.4B MXN
FY22 5.4B MXN
FY23 7.3B MXN
Net income +2.0%/yr
FY19 893M MXN
FY20 597M MXN
FY21 722M MXN
FY22 793M MXN
FY23 965M MXN

FMTY14 screens 202% overvalued. Compare with DBS Group →

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Cite: Fair Value Calculator (2026). "Fibra Mty S.A.P.I. de C.V. Fair Value". https://www.fairvalue-calculator.com/stock/FMTY14

Peer Group

Banks - Regional · 1071 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 −67% · Bottom 25%
Return on assets 3% · Top 25%
Net margin (TTM) −14% · Bottom 25%
Operating margin (TTM) 82% · Top 25%
Revenue growth −4% · Bottom 25%
Dividend yield (TTM) 8.8% · Top 25%

Valuation Multiples vs Banks - Regional median · lower = cheaper

P/E (TTM) 27.8× · Pricier than 75% of peers
P/B 0.25× · Cheaper than 75% of peers
P/S (TTM) 0.65× · 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
VALUE0 · sector 33
FUTURE0 · sector 45
PAST0 · sector 41
HEALTH0 · sector 85
DIVIDEND100 · sector 51

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

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 Banks - Regional stocks, each showing price versus our Fair Value estimate (as of Aug 27, 2026).

Stock Price Fair Value vs Fair Value
DBS Group D05 75.65 SGD 40.48 SGD −46%
China Merchants Bank Co 3968 HK$47.96 HK$76.51 +60%
Intesa Sanpaolo S.p.A ISP €6.78 €5.66 −17%
HDFC Bank Limited HDB $23.17 $24.12 +4%
BNP Paribas SA BNP €102.56 €144.64 +41%
UniCredit S.p.A UCG €84.71 €77.62 −8%
Mizuho Financial Group MFG $10.74 $9.69 −10%
ICICI Bank Limited ICICIBANK ₹1,443 ₹835.21 −42%
Oversea-Chinese Banking Corporation O39 31.07 SGD 19.80 SGD −36%
CaixaBank, S.A CABK €13.52 €8.85 −35%

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Frequently asked questions

Is Fibra Mty S.A.P.I. de C.V. (FMTY14) overvalued or undervalued?
As of Aug 27, 2026, our model estimates a fair value of 4.73 MXN versus a price of 14.30 MXN, about −67% upside (overvalued).
What is the fair value of FMTY14?
Our model-based fair value for Fibra Mty S.A.P.I. de C.V. is 4.73 MXN (as of Aug 27, 2026), built from audited fundamentals. The current price: 14.30 MXN.
What is the quality score of FMTY14?
Fibra Mty S.A.P.I. de C.V. has a Quality Score of 49/100. 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 Mty S.A.P.I. de C.V. (FMTY14)?
Fibra Mty S.A.P.I. de C.V. reported trailing-twelve-month revenue of about 3.3B MXN (latest available figure, as of Aug 27, 2026).
What is the net profit margin of FMTY14?
The net profit margin of Fibra Mty S.A.P.I. de C.V. is about −13.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Fibra Mty S.A.P.I. de C.V. pay a dividend?
Fibra Mty S.A.P.I. de C.V. currently shows a dividend yield of about 8.78% relative to its recent price (as of Aug 27, 2026).
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