Vinte Viviendas Integrales (“Vinte”) is a Mexican vertically integrated sustainable land developer and homebuilder focused on profitability. It operates throughout the entire housing industry value chain, from land acquisition, conducting feasibility analyses, obtaining permits and licenses, urbanization, design, construction, home commercialization, as well as the promotion of life in community.
With over 21 years in operation, Vinte develops sustainable housing projects under an integral communities concept that offers its residents a higher quality of life. Infrastructure, roads, educational facilities, shopping centers, and recreational areas are strategically distributed and harmoniously integrated within the existing urban fabric, while also providing connectivity services, sustainable housing technology, and community development. Additionally, Vinte has had a focus on innovation from the start and has been implementing a digital/Proptech strategy since 2017.
The Company’s business model is based on diversification by geography, product type, socioeconomic segment, and mortgage source, to achieve flexibility and dynamically adapt to the market environment, reducing the volatility of its revenue and minimizing industry risks.
Share data | 04/02/2025 | ||
Currency | MXN | Volume | 222 |
Previous Close | 32.50 | Number of Shares (Mn) | 226.77 |
Change (%) | 0.00 | Market Cap (Mn) | 7,370.04 |
Key Figures (MXN million) | 2019 | 2020 | 2021 | 2022 | 2023 |
Income Statement | |||||
Revenue | 3,745 | 3,651 | 4,161 | 4,357 | 4,820 |
Gross Profit | 1,244 | 1,088 | 1,210 | 1,315 | 1,501 |
EBITDA | 874 | 615 | 690 | 757 | 864 |
Net Income | 533 | 343 | 379 | 412 | 433 |
Balance Sheet | |||||
Total assets | 7,931 | 9,241 | 9,512 | 9,881 | 11,745 |
Total equity | 3,577 | 4,319 | 4,369 | 4,596 | 4,844 |
Total liabilities | 4,353 | 4,923 | 5,143 | 5,284 | 6,901 |
Cash flow | |||||
Cash flow from (used in) operating activities | -600 | 169 | 239 | 463 | -246 |
Cash flow from investment activities | -107 | -35 | -49 | -121 | -22 |
Cash flow from financing activities | 630 | 907 | -640 | -475 | 1,064 |
Growth and Profitability (%) | |||||
Revenue growth | 10.1 | -2.5 | 14.0 | 4.7 | 10.6 |
EBITDA growth | 14.7 | -29.7 | 12.3 | 9.7 | 14.1 |
Gross margin | 33.2 | 29.8 | 29.1 | 30.2 | 31.1 |
EBITDA margin | 23.4 | 16.8 | 16.6 | 17.4 | 17.9 |
Net margin | 14.2 | 9.4 | 9.1 | 9.5 | 9.0 |
Financial Ratios | |||||
Current Assets/ Current Liabilities | 2.91 | 3.79 | 3.29 | 3.35 | 4.24 |
Net Debt/ EBITDA LTM | 2.39 | 2.60 | 2.79 | 2.79 | 2.95 |
Net Debt/Equity | 0.58 | 0.37 | 0.44 | 0.46 | 0.53 |