METROVACESA S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 8.36 EUR | +0.60% |
|
+3.34% | +3.47% |
| Feb. 28 | Transcript : Metrovacesa S.A., 2023 Earnings Call, Feb 28, 2024 | |
| Feb. 27 | Metrovacesa S.A. Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 1,325 | 914.7 | 1,078 | 964.7 | 1,224 | 1,267 | - | - |
| Enterprise Value (EV) 1 | 1,259 | 1,014 | 1,169 | 964.7 | 1,224 | 1,590 | 1,557 | 1,545 |
| P/E ratio | -295 x | -5.59 x | 58.4 x | -42.5 x | -58.7 x | 37.8 x | 30.5 x | 26.3 x |
| Yield | 3.77% | 6.62% | 11.2% | - | - | 10.5% | 12.6% | 12.1% |
| Capitalization / Revenue | 8.2 x | 6.19 x | 2.11 x | 1.86 x | 2.09 x | 1.9 x | 1.72 x | 1.71 x |
| EV / Revenue | 7.79 x | 6.86 x | 2.29 x | 1.86 x | 2.09 x | 2.38 x | 2.12 x | 2.08 x |
| EV / EBITDA | -127 x | -113 x | 23 x | 21.1 x | 16.5 x | 23.1 x | 21.7 x | 19.7 x |
| EV / FCF | -43.2 x | -11.4 x | 8.65 x | - | - | 13.6 x | 11.8 x | 8.68 x |
| FCF Yield | -2.31% | -8.79% | 11.6% | - | - | 7.35% | 8.46% | 11.5% |
| Price to Book | 0.57 x | 0.42 x | 0.52 x | - | - | 0.81 x | 0.88 x | 0.87 x |
| Nbr of stocks (in thousands) | 151,393 | 151,448 | 151,448 | 151,448 | 151,426 | 151,514 | - | - |
| Reference price 2 | 8.750 | 6.040 | 7.120 | 6.370 | 8.080 | 8.360 | 8.360 | 8.360 |
| Announcement Date | 2/28/20 | 2/23/21 | 2/25/22 | 2/27/23 | 2/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 161.5 | 147.9 | 510.7 | 519.2 | 586.5 | 667.4 | 736 | 741.9 |
| EBITDA 1 | -9.9 | -8.994 | 50.82 | 45.82 | 74.2 | 68.88 | 71.7 | 78.34 |
| EBIT 1 | 2.596 | -144 | 37.44 | -8.459 | 8.2 | 53.05 | 66.58 | 61.5 |
| Operating Margin | 1.61% | -97.4% | 7.33% | -1.63% | 1.4% | 7.95% | 9.05% | 8.29% |
| Earnings before Tax (EBT) 1 | -2.439 | -157.4 | 23.73 | -18.28 | -16.5 | 44.39 | 62.36 | 99.44 |
| Net income 1 | -4.494 | -163.5 | 18.46 | -23.48 | -20.8 | 33.39 | 41.85 | 48.26 |
| Net margin | -2.78% | -110.59% | 3.61% | -4.52% | -3.55% | 5% | 5.69% | 6.51% |
| EPS 2 | -0.0297 | -1.080 | 0.1219 | -0.1500 | -0.1376 | 0.2214 | 0.2744 | 0.3176 |
| Free Cash Flow 1 | -29.13 | -89.12 | 135.1 | - | - | 116.8 | 131.8 | 178 |
| FCF margin | -18.03% | -60.27% | 26.46% | - | - | 17.51% | 17.91% | 23.99% |
| FCF Conversion (EBITDA) | - | - | 265.9% | - | - | 169.62% | 183.83% | 227.21% |
| FCF Conversion (Net income) | - | - | 731.85% | - | - | 349.87% | 314.97% | 368.8% |
| Dividend per Share 2 | 0.3297 | 0.4000 | 0.8000 | - | - | 0.8782 | 1.053 | 1.013 |
| Announcement Date | 2/28/20 | 2/23/21 | 2/25/22 | 2/27/23 | 2/28/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 S1 | 2023 Q3 | 2023 Q4 | 2024 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 97.28 | 187.4 | 147.8 | 141.1 | 105.5 | 246.6 | 105.2 | 167.4 | 79.5 | 85.6 | 165.1 | 137 | 284.4 | - |
| EBITDA 1 | -8.079 | 8.178 | 21.62 | 15.5 | 7.58 | 23.18 | 10.92 | 11.72 | 4.4 | 5.3 | 9.7 | 19.3 | 45.2 | 14.3 |
| EBIT | -67.61 | 3.954 | 21.65 | 15.5 | 4.683 | 20.18 | 10.92 | - | 3.3 | -28.4 | -25.1 | - | - | - |
| Operating Margin | -69.5% | 2.11% | 14.65% | 10.99% | 4.44% | 8.18% | 10.38% | - | 4.15% | -33.18% | -15.2% | - | - | - |
| Earnings before Tax (EBT) | -73.25 | -1.675 | 12.62 | 11.8 | 4.847 | 16.65 | 7.053 | -41.98 | -1.9 | -33.1 | -35 | - | - | - |
| Net income | -75.93 | -2.21 | 8.19 | 10.7 | 1.325 | 12.02 | 4.175 | -39.68 | -3.6 | -31.7 | -35.3 | - | - | - |
| Net margin | -78.05% | -1.18% | 5.54% | 7.58% | 1.26% | 4.88% | 3.97% | -23.7% | -4.53% | -37.03% | -21.38% | - | - | - |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/28/20 | 7/27/21 | 10/27/21 | 5/4/22 | 7/29/22 | 7/29/22 | 10/27/22 | 2/27/23 | 4/26/23 | 7/26/23 | 7/26/23 | 10/25/23 | 2/28/24 | - |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | 99.2 | 90.5 | - | - | 324 | 291 | 278 |
| Net Cash position 1 | 65.9 | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | -11.03 x | 1.78 x | - | - | 4.697 x | 4.055 x | 3.549 x |
| Free Cash Flow 1 | -29.1 | -89.1 | 135 | - | - | 117 | 132 | 178 |
| ROE (net income / shareholders' equity) | -0.19% | -7.23% | 0.87% | - | - | 2.44% | 2.25% | 3.15% |
| ROA (Net income/ Total Assets) | -0.17% | -5.83% | 0.65% | - | - | 1.54% | 1.53% | 2.19% |
| Assets 1 | 2,633 | 2,803 | 2,852 | - | - | 2,172 | 2,727 | 2,204 |
| Book Value Per Share 2 | 15.40 | 14.40 | 13.70 | - | - | 10.40 | 9.520 | 9.640 |
| Cash Flow per Share 2 | -0.1900 | -0.5200 | 0.9200 | - | - | 0.9000 | 0.7300 | 0.7100 |
| Capex 1 | 0.62 | 10.7 | 0.76 | - | - | 2 | 2 | - |
| Capex / Sales | 0.38% | 7.21% | 0.15% | - | - | 0.3% | 0.27% | - |
| Announcement Date | 2/28/20 | 2/23/21 | 2/25/22 | 2/27/23 | 2/28/24 | - | - | - |
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
HOLD
Number of Analysts
7
Last Close Price
8.36
EUR
Average target price
7.683
EUR
Spread / Average Target
-8.09%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +3.47% | 1.35B | |
| +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
- MVC Stock
- Financials Metrovacesa S.A.
