Company Valuation: Fibra Plus

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 3,981 3,425 5,723 3,213 4,453 3,799
Change - -13.95% 67.07% -43.86% 38.61% -14.7%
Enterprise Value (EV) 1 4,792 4,982 8,855 6,630 8,638 8,678
Change - 3.96% 77.74% -25.13% 30.28% 0.47%
P/E 26.1x 10.9x 35.7x 5.37x 6.25x 11.5x
PBR 0.58x 0.51x 0.55x 0.29x 0.38x 0.31x
PEG - 0x -0.5x 0x 0.3x -0.2x
Capitalization / Revenue 33x 13.1x 8.17x 4.39x 5.32x 4.57x
EV / Revenue 39.8x 19.1x 12.6x 9.05x 10.3x 10.4x
EV / EBITDA 85.3x 66.1x 21.2x 15.1x 24.8x 19.7x
EV / EBIT 88x 66.6x 21.4x 15.3x 24.9x 19.8x
EV / FCF -946x 3.49x -6.14x 31.3x 41.9x 63.8x
FCF Yield -0.11% 28.7% -16.3% 3.2% 2.39% 1.57%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.408 0.839 0.256 0.94 1.12 0.52
Distribution rate - - - - - -
Net sales 1 120.5 261.4 700.7 732.4 837.7 830.8
EBITDA 1 56.16 75.37 416.9 438.5 348.9 439.7
EBIT 1 54.46 74.84 413.6 432.9 347.3 438.2
Net income 1 164.7 455.5 170 636.9 764.6 359.2
Net Debt 1 811.6 1,557 3,133 3,417 4,184 4,879
Reference price 2 10.650 9.170 9.150 5.050 7.000 6.000
Nbr of stocks (in thousands) 373,767 373,526 625,413 636,201 636,201 633,120
Announcement Date 15/04/21 25/04/22 05/05/23 08/05/24 03/05/25 03/06/26
1MXN in Million2MXN
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 188M
41.99x16.08x16.66x4.98% 61.27B
9.39x12.65x15.79x5.3% 17.1B
12.27x23.11x27.22x3.65% 16.34B
20.41x17.18x25.18x4.85% 15.22B
10.86x13.69x16.4x5.19% 12.38B
32.53x11.61x18.32x3.6% 10.89B
7.94x22.45x30.39x2.81% 10.65B
16.07x12.35x19.29x6.08% 9.71B
24.35x7.28x11.92x5.74% 8.75B
Average 19.53x 15.15x 20.13x 4.69% 16.25B
Weighted average by Cap. 25.79x 15.77x 19.33x 4.76%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA