2.43%
13.90%
12.60%
27.43%
66.86%
21.65%
44.25%
AI Spotlight on AEDAS
Company Description
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, Spain.
Aedas Homes, S.A. operates as a subsidiary of Hipoteca 43 Lux S.a.R.L.
Market Data
| Last Price | 29.5 |
| Change Percentage | 2.43% |
| Open | 28.55 |
| Previous Close | 28.8 |
| Market Cap ( Millions) | 1275 |
| Volume | 50164 |
| Year High | 29.5 |
| Year Low | 17.1 |
| M A 50 | 25.51 |
| M A 200 | 23.7 |
Financial Ratios
| FCF Yield | -2.04% |
| Dividend Yield | 15.25% |
| ROE | 10.80% |
| Debt / Equity | 52.17% |
| Net Debt / EBIDTA | 175.56% |
| Price To Book | 1.42 |
| Price Earnings Ratio | 13.14 |
| Price To FCF | -48.97 |
| Price To sales | 1.39 |
| EV / EBITDA | 9.0 |
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Development
Expected Growth : 4.0 %
What the company do ?
Aedas Homes, S.A. is a Spanish real estate development company that designs, builds, and sells residential properties, offering a range of housing solutions.
Why we expect these perspectives ?
Aedas Homes, S.A.'s 4.0 growth driven by increasing demand for affordable housing in Spain, strategic landbanking, and efficient construction processes. Additionally, the company's focus on sustainable development, digitalization, and customer-centric approach contribute to its growth momentum.
Segment n°2 -> Land
Expected Growth : 2.5 %
What the company do ?
Land from Aedas Homes, S.A. refers to the plots of land acquired by the company for the development of residential and commercial projects.
Why we expect these perspectives ?
Aedas Homes, S.A.'s land segment growth of 2.5% is driven by increasing demand for residential development in Spain, fueled by low interest rates, government incentives, and a growing economy. Additionally, Aedas Homes' strategic land acquisitions and partnerships with local developers have expanded its landbank, supporting future growth.
Segment n°3 -> Real Estate Services
Expected Growth : 3.5 %
What the company do ?
Aedas Homes, S.A. offers comprehensive real estate services, including property development, construction, and sales, providing a one-stop-shop for clients seeking new homes in Spain.
Why we expect these perspectives ?
Aedas Homes' 3.5% growth in Real Estate Services is driven by increasing demand for affordable housing in Spain, strategic land acquisitions, and efficient project execution. Additionally, the company's focus on sustainable and energy-efficient developments, as well as its strong brand reputation, contribute to its growth momentum.
Segment n°4 -> Rental Promotions
Expected Growth : 3.8 %
What the company do ?
Rental Promotions from Aedas Homes, S.A. offer discounted rental prices for a limited time, allowing customers to rent homes at a lower cost.
Why we expect these perspectives ?
Aedas Homes' 3.8% rental promotions growth driven by increasing demand for affordable housing, strategic location of properties in high-growth areas, and competitive pricing strategies. Additionally, government incentives for rental properties and Aedas' efficient property management also contribute to this growth.
Aedas Homes, S.A. Products
| Product Range | What is it ? |
|---|---|
| New Homes | Aedas Homes offers a wide range of new homes, from apartments to single-family homes, designed to meet the needs of modern living. |
| Residential Developments | Aedas Homes develops residential complexes, including apartments, townhouses, and single-family homes, with amenities and services tailored to residents' needs. |
| Land Development | Aedas Homes acquires and develops land for residential use, creating opportunities for new homes and communities. |
| Property Management | Aedas Homes offers property management services, including maintenance, repairs, and administrative support, to ensure the smooth operation of residential developments. |
Aedas Homes, S.A.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Aedas Homes, S.A. is medium due to the presence of alternative housing options, such as renting or buying from other developers.
Bargaining Power Of Customers
The bargaining power of customers is low due to the lack of negotiating power of individual homebuyers.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers of construction materials and services.
Threat Of New Entrants
The threat of new entrants is high due to the relatively low barriers to entry in the Spanish real estate development industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the Spanish real estate development industry, leading to intense competition.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 34.28% |
| Debt Cost | 7.14% |
| Equity Weight | 65.72% |
| Equity Cost | 7.14% |
| WACC | 7.14% |
| Leverage | 52.17% |
Aedas Homes, S.A. : Quality Control
Aedas Homes, S.A. passed 4 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 … |
| MVC.MC | 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 … |
| 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, … |
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 ->
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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
