AEDAS HOMES, S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 18.78 EUR | +2.07% |
|
+5.86% | +3.07% |
| Mar. 20 | Aedas Homes Unit to Repurchase EUR50 Million Senior Secured Notes | MT |
| Feb. 15 | Aedas Homes, S.A. Reports Earnings Results for the Nine Months Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,089 | 813.4 | 1,024 | 1,000 | 570.4 | 812.1 | - | - |
| Enterprise Value (EV) 1 | 1,303 | 813.4 | 1,178 | 1,273 | 867.1 | 1,139 | 1,105 | 1,103 |
| P/E ratio | 33.4 x | - | 11.7 x | 10.9 x | 5.38 x | 7.19 x | 8.77 x | 8.96 x |
| Yield | - | - | 4.02% | 9.39% | 16.5% | 11.6% | 9.02% | 8.77% |
| Capitalization / Revenue | 3.5 x | 2.34 x | 1.52 x | 1.31 x | 0.62 x | 0.75 x | 0.79 x | 0.8 x |
| EV / Revenue | 4.18 x | 2.34 x | 1.75 x | 1.66 x | 0.94 x | 1.06 x | 1.08 x | 1.09 x |
| EV / EBITDA | 23.4 x | 15.6 x | 8.84 x | 8.55 x | 5.28 x | 6.3 x | 6.82 x | 6.92 x |
| EV / FCF | -11.4 x | - | -21.2 x | -39.2 x | - | 11.2 x | 7.04 x | 6.89 x |
| FCF Yield | -8.78% | - | -4.72% | -2.55% | - | 8.91% | 14.2% | 14.5% |
| Price to Book | 1.13 x | - | 1.01 x | 1.1 x | - | 0.83 x | 0.83 x | 0.83 x |
| Nbr of stocks (in thousands) | 47,920 | 46,482 | 45,719 | 43,481 | 43,808 | 43,244 | - | - |
| Reference price 2 | 22.72 | 17.50 | 22.40 | 23.00 | 13.02 | 18.78 | 18.78 | 18.78 |
| Announcement Date | 2/26/20 | 2/4/21 | 5/10/21 | 5/25/22 | 5/31/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 311.5 | 347.2 | 671.9 | 765.6 | 919.8 | 1,079 | 1,022 | 1,014 |
| EBITDA 1 | 55.7 | 52.04 | 133.2 | 149 | 164.2 | 180.8 | 162.1 | 159.4 |
| EBIT 1 | 54.15 | - | 128.2 | 144.4 | 159.4 | 165.8 | 157.5 | 155 |
| Operating Margin | 17.38% | - | 19.08% | 18.87% | 17.33% | 15.37% | 15.41% | 15.29% |
| Earnings before Tax (EBT) 1 | 44.51 | 33.63 | 113.5 | 125 | 137.4 | 166.7 | 124.2 | 121.9 |
| Net income 1 | 31.6 | 26.06 | 85.1 | 93.9 | 105.1 | 113.5 | 92.58 | 91.2 |
| Net margin | 10.14% | 7.5% | 12.67% | 12.26% | 11.43% | 10.52% | 9.06% | 9% |
| EPS 2 | 0.6800 | - | 1.910 | 2.110 | 2.420 | 2.613 | 2.142 | 2.096 |
| Free Cash Flow 1 | -114.4 | - | -55.59 | -32.46 | - | 101.5 | 157 | 160 |
| FCF margin | -36.72% | - | -8.27% | -4.24% | - | 9.41% | 15.36% | 15.78% |
| FCF Conversion (EBITDA) | - | - | - | - | - | 56.13% | 96.88% | 100.39% |
| FCF Conversion (Net income) | - | - | - | - | - | 89.46% | 169.58% | 175.44% |
| Dividend per Share 2 | - | - | 0.9000 | 2.160 | 2.150 | 2.175 | 1.693 | 1.647 |
| Announcement Date | 2/26/20 | 2/4/21 | 5/10/21 | 5/25/22 | 5/31/23 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: Marzo | 2021 S1 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q2 | 2023 S1 | 2024 S1 | 2024 Q3 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 66.2 | 107.5 | 128.9 | 236.4 | 264.6 | 361.8 | 111.5 | 211.2 | 228.6 | 214.4 |
| EBITDA 1 | -2.3 | 19.6 | 24.95 | 44.55 | 28.75 | 75.7 | 11.68 | 21.04 | 17.81 | 25.7 |
| EBIT | -4.9 | 18.9 | 24.26 | 43.16 | 51.13 | 51.13 | 10.52 | 18.7 | 15.35 | - |
| Operating Margin | -7.4% | 17.58% | 18.82% | 18.26% | 19.32% | 14.13% | 9.44% | 8.85% | 6.72% | - |
| Earnings before Tax (EBT) | -11 | 14.5 | 18.9 | 33.4 | 45.81 | 45.81 | 4.78 | 9.565 | - | - |
| Net income 1 | -8.3 | 10.5 | 14 | 24.5 | - | - | 3.53 | 7.058 | 3.566 | 18.2 |
| Net margin | -12.54% | 9.77% | 10.87% | 10.37% | - | - | 3.17% | 3.34% | 1.56% | 8.49% |
| EPS | - | - | 0.3200 | - | 0.7400 | 0.7400 | - | - | - | - |
| Dividend per Share | - | - | - | - | - | 2.160 | - | - | - | - |
| Announcement Date | 11/24/20 | 7/22/21 | 11/24/21 | 11/24/21 | 11/30/22 | 5/25/22 | 11/30/22 | 11/30/22 | 11/29/23 | 2/15/24 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: Marzo | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 215 | - | 154 | 273 | 297 | 327 | 293 | 291 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.851 x | - | 1.153 x | 1.834 x | 1.807 x | 1.806 x | 1.808 x | 1.823 x |
| Free Cash Flow 1 | -114 | - | -55.6 | -32.5 | - | 102 | 157 | 160 |
| ROE (net income / shareholders' equity) | 3.38% | - | 8.84% | 9.46% | 10.8% | 10.6% | 10.7% | 10.3% |
| ROA (Net income/ Total Assets) | - | - | - | 5.19% | 5.43% | 5.3% | 4.95% | 4.6% |
| Assets 1 | - | - | - | 1,808 | 1,934 | 2,141 | 1,870 | 1,983 |
| Book Value Per Share 2 | 20.10 | - | 22.20 | 20.90 | - | 22.50 | 22.70 | 22.70 |
| Cash Flow per Share | - | - | - | - | - | - | - | - |
| Capex 1 | 12.7 | - | 1.1 | 2.91 | - | 5 | 4.2 | 4.2 |
| Capex / Sales | 4.07% | - | 0.16% | 0.38% | - | 0.46% | 0.41% | 0.41% |
| Announcement Date | 2/26/20 | 2/4/21 | 5/10/21 | 5/25/22 | 5/31/23 | - | - | - |
1EUR in Million2EUR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B+
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
18.78
EUR
Average target price
23.13
EUR
Spread / Average Target
+23.15%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.07% | 867M | |
| +9.02% | 10.79B | |
| -34.32% | 10.32B | |
| -28.99% | 7.2B | |
| -5.56% | 7.01B | |
| -0.34% | 6.53B | |
| -3.03% | 6.09B | |
| -5.92% | 3.54B | |
| +12.96% | 3.57B | |
| +27.36% | 3.32B |
- Stock Market
- Equities
- AEDAS Stock
- Financials Aedas Homes, S.A.
