NEINOR HOMES, S.A. |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 10.3 EUR | +0.98% |
|
+0.78% | -2.46% |
| Feb. 22 | Transcript : Neinor Homes, S.A., 2023 Earnings Call, Feb 22, 2024 | |
| Feb. 21 | Neinor Homes, 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 | 845.4 | 810.5 | 826 | 608.8 | 784.9 | 767.3 | - | - |
| Enterprise Value (EV) 1 | 1,025 | 871 | 760.3 | 856.3 | 784.9 | 990.1 | 977.5 | 964.3 |
| P/E ratio | 13.1 x | 11.5 x | 7.81 x | 5.14 x | 8.68 x | 11.2 x | 13.1 x | 14.3 x |
| Yield | - | 4.59% | 5.98% | 7.95% | - | 24.7% | 17.4% | 9.03% |
| Capitalization / Revenue | 1.73 x | 1.41 x | 0.9 x | 0.8 x | 1.33 x | 1.1 x | 1.12 x | 1.1 x |
| EV / Revenue | 2.1 x | 1.52 x | 0.83 x | 1.12 x | 1.33 x | 1.42 x | 1.43 x | 1.39 x |
| EV / EBITDA | 10.9 x | 7.89 x | 5.37 x | 6.83 x | 5.77 x | 10.1 x | 9.68 x | - |
| EV / FCF | 7.12 x | 6.51 x | 4.47 x | 5.11 x | - | 9.18 x | 7.29 x | - |
| FCF Yield | 14% | 15.4% | 22.4% | 19.6% | - | 10.9% | 13.7% | - |
| Price to Book | 1.04 x | 0.94 x | 0.84 x | 0.66 x | - | 0.96 x | 1.05 x | - |
| Nbr of stocks (in thousands) | 76,853 | 74,354 | 78,370 | 74,423 | 74,329 | 74,495 | - | - |
| Reference price 2 | 11.00 | 10.90 | 10.54 | 8.180 | 10.56 | 10.30 | 10.30 | 10.30 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/25/22 | 2/24/23 | 2/21/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 488.9 | 572.8 | 914.3 | 763.2 | 590.6 | 696.4 | 684.6 | 695 |
| EBITDA 1 | 94.32 | 110.4 | 141.6 | 125.3 | 136.1 | 97.67 | 101 | - |
| EBIT 1 | 90.28 | 96.64 | 141.8 | 139.1 | 111.3 | 100 | 96 | - |
| Operating Margin | 18.47% | 16.87% | 15.51% | 18.23% | 18.84% | 14.36% | 14.02% | - |
| Earnings before Tax (EBT) 1 | 81.29 | 90.7 | 123.1 | 119.5 | 99.51 | 81.5 | 74.37 | - |
| Net income 1 | 63.75 | 70.12 | 103 | 96.27 | 90.63 | 70.1 | 60.52 | 54 |
| Net margin | 13.04% | 12.24% | 11.27% | 12.61% | 15.34% | 10.07% | 8.84% | 7.77% |
| EPS 2 | 0.8380 | 0.9480 | 1.350 | 1.592 | 1.216 | 0.9225 | 0.7850 | 0.7200 |
| Free Cash Flow 1 | 144 | 133.9 | 170.3 | 167.5 | - | 107.8 | 134 | - |
| FCF margin | 29.45% | 23.37% | 18.62% | 21.95% | - | 15.48% | 19.58% | - |
| FCF Conversion (EBITDA) | 152.64% | 121.25% | 120.25% | 133.69% | - | 110.38% | 132.72% | - |
| FCF Conversion (Net income) | 225.85% | 190.9% | 165.26% | 174.02% | - | 153.78% | 221.5% | - |
| Dividend per Share 2 | - | 0.5000 | 0.6300 | 0.6500 | - | 2.540 | 1.790 | 0.9300 |
| Announcement Date | 2/26/20 | 2/24/21 | 2/25/22 | 2/24/23 | 2/21/24 | - | - | - |
1EUR in Million2EUR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2020 S1 | 2021 S1 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 S1 | 2022 Q3 | 2022 Q4 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 99.85 | 322.5 | 176.4 | 415.4 | 284.1 | 104.3 | 388.4 | 117.7 | 257.1 |
| EBITDA 1 | 14.84 | 69.85 | - | 57.5 | 49.6 | 10.66 | 60.26 | 21.14 | 43.91 |
| EBIT 1 | 12.99 | 62.24 | 24.9 | 54.73 | 46.9 | 12.07 | 58.97 | 19.23 | 60.91 |
| Operating Margin | 13.01% | 19.3% | 14.12% | 13.17% | 16.51% | 11.58% | 15.18% | 16.33% | 23.69% |
| Earnings before Tax (EBT) 1 | 9.638 | 56.63 | - | 49.45 | 41.2 | 6.539 | 47.74 | 14.26 | 57.49 |
| Net income 1 | 6.8 | 44.68 | - | 45.23 | 33.4 | 3.894 | 37.29 | 13.51 | 45.78 |
| Net margin | 6.81% | 13.85% | - | 10.89% | 11.76% | 3.73% | 9.6% | 11.47% | 17.8% |
| EPS | - | - | - | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 7/29/20 | 7/28/21 | 11/17/21 | 2/25/22 | 5/12/22 | 7/27/22 | 7/27/22 | 11/9/22 | 2/24/23 |
1EUR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 180 | 60.6 | - | 247 | - | 223 | 210 | 197 |
| Net Cash position 1 | - | - | 65.7 | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.903 x | 0.5488 x | - | 1.975 x | - | 2.281 x | 2.081 x | - |
| Free Cash Flow 1 | 144 | 134 | 170 | 168 | - | 108 | 134 | - |
| ROE (net income / shareholders' equity) | 8.16% | 8.15% | 11.4% | 10.3% | - | 7.45% | 8.33% | 10.4% |
| ROA (Net income/ Total Assets) | - | - | 5.85% | 5.14% | - | 4.1% | 4.2% | - |
| Assets 1 | - | - | 1,763 | 1,874 | - | 1,710 | 1,441 | - |
| Book Value Per Share 2 | 10.60 | 11.60 | 12.50 | 12.50 | - | 10.80 | 9.850 | - |
| Cash Flow per Share | 1.920 | 1.820 | 2.940 | - | - | - | - | - |
| Capex 1 | 1.83 | 0.81 | 54.9 | 4.5 | - | 30.8 | 26.4 | 4 |
| Capex / Sales | 0.37% | 0.14% | 6.01% | 0.59% | - | 4.42% | 3.86% | 0.58% |
| Announcement Date | 2/26/20 | 2/24/21 | 2/25/22 | 2/24/23 | 2/21/24 | - | - | - |
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
A-
Sell
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
10.3
EUR
Average target price
12.61
EUR
Spread / Average Target
+22.44%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -2.46% | 819M | |
| +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
- HOME Stock
- Financials Neinor Homes, S.A.
