Is Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2022
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 33.2% / 30% | 5.0% / 30% | 1.6% / 30% | N/A | ✗ NOT HALAL |
| DJIM | 33.2% / 33% | 5.0% / 33% | 1.6% / 33% | N/A | ✗ NOT HALAL |
| MSCI | 31.6% / 33% | 4.7% / 33% | 1.5% / 33% | N/A | ✓ HALAL |
| S&P | 33.2% / 33% | 5.0% / 33% | 1.6% / 33% | N/A | ✗ NOT HALAL |
| FTSE | 31.6% / 33% | 4.7% / 33% | 1.5% / 50% | N/A | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 90.0% | |
| Operating Margin | 74.4% | |
| Net Margin | 85.4% | |
| Return on Equity (ROE) | 9.1% | |
| Return on Assets (ROA) | 3.2% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $65M |
| Free Cash Flow | $65M |
| Total Debt | $932M |
| Debt-to-Equity | 46.5 |
| Current Ratio | 4.8 |
| Total Assets | $3.0B |
Price & Trading
| Last Close | $32.44 |
| 50-Day MA | $33.05 |
| 200-Day MA | $29.72 |
| Avg Volume | 73K |
| Beta | 0.3 |
|
52-Week Range
$21.30
| |
About Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX)
Corporación Inmobiliaria Vesta, S.A.B. de C.V., together with its subsidiaries, acquires, develops, manages, operates industrial buildings and distribution facilities in Mexico. It offers rental income from operating leases, including reimbursable building services and energy income. The company serves corporations in diverse industries, such as food and beverage, automotive, aerospace, medical, logistics, and plastics. Corporación Inmobiliaria Vesta, S.A.B. de C.V. was incorporated in 1996 and is headquartered in Mexico City, Mexico.
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Frequently Asked Questions
Is Vesta Real Estate Corporation, S.A.B. de C.V. (VTMX) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Vesta Real Estate Corporation, S.A.B. de C.V. is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Vesta Real Estate Corporation, S.A.B. de C.V.'s debt ratio?
Vesta Real Estate Corporation, S.A.B. de C.V.'s debt ratio is 33.2% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 31.6%.
What are Vesta Real Estate Corporation, S.A.B. de C.V.'s key financial metrics?
Vesta Real Estate Corporation, S.A.B. de C.V. has a market capitalization of $2.8B, trailing P/E ratio of 11.6. The company maintains a gross margin of 90.0% and a net margin of 85.4%. Return on equity stands at 9.1%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.