FIBRA Macquarie (MEX:FIBRAMQ12) Capex-to-Operating-Cash-Flow: 1.33 (As of Jun. 2026) — 291% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:FIBRAMQ12 FIBRA Macquarie MEX:FIBRAMQ12
65 GF Score
Price MXN43.89
GF Value MXN36.84
Valuation Modestly Overvalued
! 14 Warning Signs
View Full Analysis

What is FIBRA Macquarie Capex-to-Operating-Cash-Flow?

FIBRA Macquarie MEX:FIBRAMQ12 -0.20% 65 Capex-to-Operating-Cash-Flow is 1.33 as of Jun. 2026, which is 291% above its 10-year median of 0.34. GuruFocus rates MEX:FIBRAMQ12 with a GF Score™ of 65/100 and a GF Value™ of MXN36.84 (Modestly Overvalued). The stock has 14 warning signs investors should review. Among 338 REITs companies, FIBRA Macquarie ranks worse than 71.01% on this metric.

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

FIBRA Macquarie's Capital Expenditure for the three months ended in Jun. 2026 was MXN-532.49 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2026 was MXN399.76 Mil.

Hence, FIBRA Macquarie's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2026 was 1.33.


FIBRA Macquarie  (MEX:FIBRAMQ12) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


FIBRA Macquarie Capex-to-Operating-Cash-Flow Related Terms


FIBRA Macquarie Capex-to-Operating-Cash-Flow Historical Data

* Premium members only.

The historical data trend for FIBRA Macquarie's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FIBRA Macquarie Capex-to-Operating-Cash-Flow Chart

FIBRA Macquarie Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.59 0.60

FIBRA Macquarie Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.65 0.33 1.18 0.20 1.33

MEX:FIBRAMQ12 vs PLD, PSA, EXR: Capex-to-Operating-Cash-Flow Comparison

For the REIT - Industrial subindustry, FIBRA Macquarie's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FIBRA Macquarie Capex-to-Operating-Cash-Flow vs REITs Industry

For the REITs industry and Real Estate sector, FIBRA Macquarie's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where FIBRA Macquarie's Capex-to-Operating-Cash-Flow falls into.


MEX:FIBRAMQ12
65GF Score
FIBRA Macquarie MEX:FIBRAMQ12
Capex-to-Operating-Cash-Flow is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FIBRA Macquarie Capex-to-Operating-Cash-Flow Calculation

FIBRA Macquarie's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1039.118) / 1725.764
=0.60

FIBRA Macquarie's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-532.494) / 399.759
=1.33

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Capex-to-Operating-Cash-Flow of 1.33 mean?
FIBRA Macquarie (MEX:FIBRAMQ12) has a Capex-to-Operating-Cash-Flow of 1.33 as of Jun. 2026. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on FIBRA Macquarie and its competitors. This is 291% above median its historical median of 0.34. Over the past decade, FIBRA Macquarie's Capex-to-Operating-Cash-Flow has ranged from 0.14 to 0.63. According to the industry distribution chart, FIBRA Macquarie ranks #240 out of 338 companies in the REITs industry, placing it in the top 71%.
Is FIBRA Macquarie's Capex-to-Operating-Cash-Flow too high?
FIBRA Macquarie's current Capex-to-Operating-Cash-Flow of 1.33 is 291% above median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 0.63. The REITs industry median Capex-to-Operating-Cash-Flow is 0.29. FIBRA Macquarie's value of 1.33 is 358.6% above this industry median. Based on the distribution chart, FIBRA Macquarie ranks #240 out of 338 companies in the REITs industry, which is below the industry midpoint. Overall, FIBRA Macquarie has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FIBRA Macquarie's Capex-to-Operating-Cash-Flow compare to PLD and PSA?
According to the REITs industry distribution chart, FIBRA Macquarie ranks #240 out of 338 companies for Capex-to-Operating-Cash-Flow. This places FIBRA Macquarie in the lower half of its industry. The industry median Capex-to-Operating-Cash-Flow is 0.29. FIBRA Macquarie's value of 1.33 is 358.6% above this benchmark. Historically, FIBRA Macquarie's own Capex-to-Operating-Cash-Flow has ranged from 0.14 to 0.63 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.29, FIBRA Macquarie has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Cash-Flow for a REITs company?
The median Capex-to-Operating-Cash-Flow among REITs companies is 0.29, based on 338 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Cash-Flow significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Cash-Flow should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FIBRA Macquarie's current Capex-to-Operating-Cash-Flow of 1.33 is 358.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Capex-to-Operating-Cash-Flow mean?
A high Capex-to-Operating-Cash-Flow can signal that a stock is expensive relative to its fundamentals. Capex to Operating Cash Flow ratio assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. View historical data on FIBRA Macquarie and its competitors. For the REITs industry, the median Capex-to-Operating-Cash-Flow is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIBRA Macquarie's current Capex-to-Operating-Cash-Flow is 1.33, which is 291% above median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIBRA Macquarie stock overvalued right now?
Based on GuruFocus' analysis, FIBRA Macquarie (MEX:FIBRAMQ12) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN36.84, compared to a current price of MXN43.89 — trading 19.1% above its estimated fair value. The current Capex-to-Operating-Cash-Flow is 1.33, which is 291% above median its 10-year median of 0.34 and 358.6% above the REITs industry median of 0.29. FIBRA Macquarie's overall GF Score™ is 65/100 with 14 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Cash-Flow calculated?
Capex-to-Operating-Cash-Flow is calculated from a company's financial statements. For FIBRA Macquarie (MEX:FIBRAMQ12), the current Capex-to-Operating-Cash-Flow is 1.33 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FIBRA Macquarie (MEX:FIBRAMQ12) Overvalued in 2026?

Based on GuruFocus' analysis, FIBRA Macquarie stock appears to be overvalued. The current stock price of MXN43.89 is trading 19.1% above its estimated GF Value™ of MXN36.84. GuruFocus considers FIBRA Macquarie to be Modestly Overvalued.

Key valuation signals for MEX:FIBRAMQ12:

  • Capex-to-Operating-Cash-Flow: 1.33 (291% above median its 10-year median of 0.34)
  • GF Value™: MXN36.84 vs. price of MXN43.89 (19.1% above fair value)
  • GF Score™: 65/100 with 14 warning signs
  • Industry Position: 358.6% above the REITs median (#240 of 338)

No single metric tells the full story. See the MEX:FIBRAMQ12 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FIBRA Macquarie Business Description

Industry Real EstateREITs
Other Exchanges DBMBF:USA
Address Pedregal 24 Piso 21, Torre Virreyes, Molino del Rey, Ciudad de Mexico, Mexico City, HGO, MEX, 11040
FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. Its real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of its total number of properties, total square footage, and total revenue. The company has two operating segments industrial and Retail. The industrial segments are distinguished by high-quality tenants, including many Mexican and multinational companies or their affiliates and retail portfolio provides investors exposure to a diversified tenant base, including supermarket operators, prominent retail anchor tenants and sub-anchor tenants, food and beverage outlets, specialty retailers and the government sector.
65GF Score

Get the complete analysis for MEX:FIBRAMQ12

Capex-to-Operating-Cash-Flow is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN43.89
Price
MXN36.84
GF Value