-0.92%
-1.48%
1.65%
3.59%
6.92%
31.06%
-4.74%
AI Spotlight on MVC
Company Description
Metrovacesa S.A. operates as a real estate development company in Spain.It develops and sells residential properties, which include one-family, multi-family, and semi-detached and detached houses; and commercial properties, as well as sells land.The company was formerly known as Metrovacesa Suelo y Promoción, S.A. and changed its name to Metrovacesa, S.A. in November 2017.
Metrovacesa S.A. was founded in 1918 and is headquartered in Madrid, Spain.
Market Data
| Last Price | 8.65 |
| Change Percentage | -0.92% |
| Open | 8.74 |
| Previous Close | 8.73 |
| Market Cap ( Millions) | 1311 |
| Volume | 583 |
| Year High | 9.96 |
| Year Low | 7.33 |
| M A 50 | 8.82 |
| M A 200 | 8.55 |
Financial Ratios
| FCF Yield | 4.16% |
| Dividend Yield | 7.98% |
| ROE | 1.10% |
| Debt / Equity | 13.08% |
| Net Debt / EBIDTA | 74.68% |
| Price To Book | 0.8 |
| Price Earnings Ratio | 71.94 |
| Price To FCF | 24.03 |
| Price To sales | 2.02 |
| EV / EBITDA | 20.08 |
News
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Residential
Expected Growth : 12 %
What the company do ?
Residential from Metrovacesa S.A. offers a range of housing solutions, from apartments to single-family homes, in prime locations across Spain.
Why we expect these perspectives ?
Metrovacesa S.A.'s 12% growth in Residential segment is driven by increasing demand for housing in prime locations, favorable government policies, and rising disposable income. Additionally, the company's strategic focus on developing high-quality, sustainable, and affordable housing projects has contributed to its growth. Furthermore, the company's strong brand reputation and efficient project execution have enabled it to capitalize on market opportunities.
Segment n°2 -> Commercial
Expected Growth : 14 %
What the company do ?
Commercial from Metrovacesa S.A. refers to the company's commercial properties, including offices, retail spaces, and industrial units, generating rental income.
Why we expect these perspectives ?
Metrovacesa S.A.'s commercial segment growth of 14% is driven by increasing demand for office and retail spaces, strategic acquisitions, and a strong pipeline of development projects. Additionally, the company's focus on sustainable and prime locations, as well as its ability to capitalize on the growing e-commerce trend, contribute to its growth momentum.
Metrovacesa S.A. Products
| Product Range | What is it ? |
|---|---|
| Residential Properties | Metrovacesa S.A. develops and sells residential properties, including apartments, houses, and villas, catering to diverse customer needs and preferences. |
| Commercial Properties | The company offers commercial properties, including offices, retail spaces, and industrial units, designed to meet the needs of businesses and entrepreneurs. |
| Land Development | Metrovacesa S.A. acquires, develops, and sells land plots for residential and commercial use, providing opportunities for investors and developers. |
| Property Management | The company provides property management services, including maintenance, repairs, and administrative support, ensuring optimal property performance. |
| Real Estate Services | Metrovacesa S.A. offers a range of real estate services, including brokerage, valuation, and consulting, supporting clients throughout the property lifecycle. |
Metrovacesa S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Metrovacesa S.A. is medium due to the presence of alternative real estate companies and investment opportunities.
Bargaining Power Of Customers
The bargaining power of customers is low due to the fragmented nature of the real estate market and the lack of concentration among buyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers of construction materials and services, but also due to the importance of these suppliers for Metrovacesa's operations.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the real estate development industry and the attractiveness of the Spanish market.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the Spanish real estate market, leading to a competitive landscape.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 20.64% |
| Debt Cost | 4.15% |
| Equity Weight | 79.36% |
| Equity Cost | 9.02% |
| WACC | 8.02% |
| Leverage | 26.01% |
Metrovacesa S.A. : Quality Control
Metrovacesa S.A. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| HOME.MC | Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. The company operates through Legacy, Development, Assets Management-Servicing, and Rental segments. Its land … |
| CRN.L | Cairn Homes plc operates as a homebuilder in Ireland. The company develops and sells residential properties. It is also involved in the rental of properties. The company was incorporated in … |
| KOF.PA | Kaufman & Broad S.A. operates as a property developer and builder in France. It designs, develops, builds, and sells single-family homes in communities, apartments, offices, shops, and logistics platforms and … |
| 1AT.WA | Atal S.A. develops and sells residential building complexes in Poland. The company develops housing estates, and single and multi-family houses. It operates in Gliwice, Katowice, Cracow, Lodz, Wroclaw, Warsaw, Tricity, … |
| AEDAS.MC | Aedas Homes, S.A. engages in the development of residential homes in Spain. It focuses on multi- and single-family homes. The company was incorporated in 2016 and is based in Madrid, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Neinor Homes
A-Score
1-Year Total Return ->
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Cairn Homes
A-Score
1-Year Total Return ->
🥉
Metrovacesa
A-Score
1-Year Total Return ->
4
Atal
A-Score
1-Year Total Return ->
5
Aedas Homes
A-Score
1-Year Total Return ->
6
