Fideicomiso Irrevocable 4594

Fideicomiso Irrevocable 4594

BBMV:FSITES/20
26.00
MXN
0.00
(0.00%)
0.36EPS
71.90P/E
66.06MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
0.44
0.84
0.89
0.98
1.2
1.47
1.72
1,603.14
1,128.47
1,292.21
1,539.4
2.42
Basic EPS, GAAP
0.05
0.03
0.01
0.03
0.1
0.15
0.19
1.34
78.72
158.62
312.13
0.36
Free Cash Flow per Basic Share
-0.18
-0.09
-0.03
-0.06
0.23
0.84
0.03
2,850.58
-2,003.46
1,959.77
-1,261.51
-0.72
Dividend per Share
0.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.71
0.74
0.77
0.83
1.08
1.31
1.49
1,708.47
1,641.34
1,788.55
2,335.28
2,453.47
Tangible Book Value per Share
0.58
0.61
0.64
0.71
0.96
1.2
1.4
1,624.12
1,581.52
1,720.85
2,335.28
2,358.47
Basic Weighted Avg Shares
2,432
2,432
2,432
2,432
2,432
2,432
2,432
2
3
3
3
1,695
Sales/Revenue/Turnover
1,075
2,052
2,167
2,384
2,918
3,575
4,176
3,592
2,867
3,283
3,911
4,104
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
37
48
60
73
83
81
95
116
114
150
80
99
Net Income, GAAP
119
82
18
71
233
355
452
3
200
403
793
613
Effective Tax Rate (%)
25.16
23.36
40
29.7
19.93
31.99
29.04
40
17.01
25.09
26.44
25.23
Profit Margin (%)
11.07
4
0.83
2.98
7.98
9.93
10.82
0.08
6.98
12.28
20.28
14.93
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
308
730
631
675
795
500
714
652
404
371
215
401
Total Equity
1,728
1,801
1,875
2,029
2,633
3,179
3,630
3,828
4,170
4,544
5,933
6,233
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
3.59
0.71
2.73
7.6
9.99
11.27
0.07
4.42
8.49
14.34
10.08
Return on Common Equity (%)
- -
4.65
0.98
3.64
10
12.22
13.28
0.08
5
9.25
15.14
10.88

Capital Structure

MXN

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
66
66
66

Working Capital

MXN

•

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
7,592
2,263
6,818
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

MXN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.52%
13.62%
30.57%
Free Cash Flow
923.41%
1,879.86%
-164.37%
Net Income, GAAP
715.88%
1,338.58%
96.77%
Sales/Revenue/Turnover
16.77%
3.26%
19.13%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
710
726
1,086
761
3,283
2023
969
927
972
1,043
3,911
2024
978
1,110
- -
- -
- -

Quarterly Earnings Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
34
-1.19
0.05
0.05
158.62
2023
114
0.06
0.04
67.63
312.13
2024
60
0.04
- -
- -
- -

Quarterly Dividends Per Share

MXN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

Full Time Employees
281
Sector
Finance
Industry
Real estate investment trusts
Address
Mexico City Mexico
Business
Fideicomiso Irrevocable 4594, operating commercially as Fibra Sites and Fibra Opsimex, is a Mexico-based specialized telecommunications infrastructure real estate investment trust (FIBRA) dedicated to the acquisition, construction, ownership, operation, and leasing of passive telecommunications infrastructure. Established in 2020 and headquartered in Mexico City, Mexico, the trust was created by sponsor and asset manager Operadora de Sites Mexicanos, S.A.B. de C.V. (Opsimex), a subsidiary of Telesites, S.A.B. de C.V., with Banco Actinver, S.A., Institución de Banca Múltiple, Grupo Financiero Actinver acting as the trustee. The trust operates within the telecommunications real estate sector, offering passive infrastructure solutions and site leasing services, including: ground-based telecommunication towers, comprising self-supporting lattice towers, guyed masts, and tubular monopoles; rooftop installations and distributed antenna systems (DAS) designed for dense urban environments; camouflaged and stealth cell site structures compliant with municipal zoning standards; physical space leasing on tower structures and land plots for transmission antenna installation; secure equipment shelters, enclosures, and perimeter fencing; auxiliary power management infrastructure, including emergency generator connections and battery backup power systems; and site engineering, structural reinforcement, colocations, passive equipment maintenance, and security monitoring services. Fideicomiso Irrevocable 4594 primarily caters to national mobile network operators, wireless telecommunications carriers, internet service providers, and broadcast operators across Mexico, with key tenants including Radiomóvil Dipsa (Telcel), AT&T México, Telefónica México, and Altán Redes. In recent operational developments over the last one to two years, the trust has advanced its nationwide site densification strategy to support rapid carrier-driven 5G deployment across major metropolitan hubs and transport corridors, expanding its managed footprint to more than 16,000 telecommunications towers. Furthermore, the trust has increased multi-tenant colocation agreements to boost site tenancy ratios, executed ongoing build-to-suit rollouts, refined its technical and commercial access terms pursuant to open-access infrastructure directives from the Federal Telecommunications Institute (IFT), completed scheduled ordinary and extraordinary certificate holder assemblies to steer governance, and maintained consistent capital distribution schedules under Mexican FIBRA fiscal regulations while optimizing debt structure maturities.