AEDAS Homes SA (AEDAS) AI Stock Analysis

• Market Cap: €1.02B
• Dividend Yield: 7.24%
• Average Volume (3M): 101.76K
• Price to Earnings (P/E): 7.2
• Beta (1Y): 0.58
• Revenue Growth: 30.56%
• EPS Growth: 29.01%
• Country: ES
• Employees: 322
• Sector: Consumer Cyclical
• Sector Strength: 61
• Industry: Residential Construction
• EPS (TTM): 0.57
• Shares Outstanding: 43,700,000
• 10 Day Avg. Volume: 106,613
• 30 Day Avg. Volume: 101,763
• PEG Ratio: 0.46
• Price to Book (P/B): 0.63
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -23.41
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: €24.27
• Price Target Upside: -2.33% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 3

• Rating: 80 Outperform
• Price Target: ―

AEDAS Homes SA demonstrates strong financial performance and attractive valuation metrics, making it a compelling investment in the residential construction industry. The company's robust cash flow and profitability are significant strengths. However, mixed technical analysis signals warrant caution. Despite the stock's strong valuation and dividend yield, investors should be mindful of potential technical overbought conditions.

AEDAS Homes SA Business Overview & Revenue Model

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.

How the Company Makes Money

AEDAS Homes SA generates revenue through the development and sale of residential properties. The company acquires land, develops it into residential projects, and sells these properties to individual buyers or investors. Key revenue streams include the sale of single-family homes, apartments, and luxury residences. AEDAS also benefits from strategic partnerships with financial institutions and construction companies, which facilitate project financing and development. Additionally, the company's focus on sustainability and innovation in design enhances its market appeal, potentially leading to premium pricing and increased sales volumes.

AEDAS Homes SA Financial Statement Overview

Summary

AEDAS Homes SA has showcased robust financial performance with strong revenue and profit growth, efficient cost management, and outstanding cash flow generation. The company's income statement and cash flow scores are particularly strong, indicating excellent operational performance and liquidity. The balance sheet is stable, though there is room for optimizing leverage.

Income Statement

AEDAS Homes SA demonstrated strong revenue growth, with a notable increase of 24.43% from the previous year. The company maintained a healthy gross profit margin of 22.41% and a net profit margin of 9.51%, indicating efficient cost management and profitability. The EBIT margin stood at 14.97%, showcasing operational efficiency, and the EBITDA margin was 16.89%, highlighting strong earnings before interest, taxes, depreciation, and amortization. Overall, the income statement reflects robust profitability and growth trajectory.

Balance Sheet

The balance sheet of AEDAS Homes SA shows a moderate debt-to-equity ratio of 0.60, suggesting a balanced approach to leverage. The return on equity (ROE) was 11.70%, indicating effective use of equity to generate profits. The equity ratio of 46.22% implies a stable financial position, with a significant portion of assets financed by equity. While the company has a solid equity base, there is room for improvement in optimizing debt levels further.

Cash Flow

AEDAS Homes SA exhibited impressive cash flow management, with a significant turnaround in operating cash flow from negative in the previous year to a positive €236.3 million. The free cash flow showed a substantial growth rate, reflecting improved cash generation capabilities. The operating cash flow to net income ratio of 2.17 indicates strong cash flow relative to net income, while the free cash flow to net income ratio of 2.14 further underscores the company's strong cash flow performance. Overall, the cash flow statement highlights excellent liquidity and operational cash generation.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Dec 2019
Income Statement
Total Revenue	1.22B	1.14B	919.81M	765.62M	671.95M	311.65M
Gross Profit	270.12M	256.49M	241.33M	222.25M	188.97M	101.91M
EBITDA	185.39M	193.31M	176.01M	149.96M	133.21M	55.74M
Net Income	129.97M	108.88M	105.07M	93.13M	85.10M	31.57M
Balance Sheet
Total Assets	2.06B	2.01B	1.97B	1.90B	1.69B	1.53B
Cash, Cash Equivalents and Short-Term Investments	153.50M	241.42M	197.66M	189.01M	138.62M	156.96M
Total Debt	663.51M	558.64M	505.59M	467.23M	355.34M	311.00M
Total Liabilities	1.16B	1.08B	999.32M	922.37M	692.68M	589.75M
Stockholders Equity	895.15M	930.52M	969.10M	975.92M	992.42M	936.38M
Cash Flow
Free Cash Flow	-180.06M	232.75M	-26.03M	7.04M	-55.59M	-115.52M
Operating Cash Flow	-180.06M	236.30M	-20.16M	9.95M	-54.49M	-113.98M
Investing Cash Flow	2.14M	-91.23M	4.11M	-42.41M	-4.33M	-12.68M
Financing Cash Flow	21.96M	-100.01M	20.77M	86.31M	108.88M	172.41M

AEDAS Homes SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 24.85
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:AEDAS, the sentiment is Negative. The current price of 24.85 is below the 20-day moving average (MA) of 25.42, below the 50-day MA of 27.09, and below the 200-day MA of 26.34, indicating a bearish trend. The MACD of -0.85 indicates Negative momentum. The RSI at 39.28 is Neutral, neither overbought nor oversold. The STOCH value of 56.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:AEDAS.

AEDAS Homes SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEDAS	80 Outperform	€1.02B	7.24	15.63%	7.24%	30.56%	29.01%
Sector *	62 Neutral	C$5.24B	11.08	18.82%	3.79%	5.08%	6.52%
0RNU		€1.43B	19.25	6.76%	10.25%	―	―
MVC	66 Neutral	€1.60B	100.67		8.72%	―	―

AEDAS Homes SA Corporate Events

AEDAS Homes Reports Strong Fiscal Year with Record Deliveries and Revenue

AEDAS Homes SA reports a strong fiscal year ending March 31, 2025, with significant increases in revenue and unit deliveries. The company achieved over 1.1 billion euros in revenue for the second consecutive year and delivered a record 5,211 units, including affordable housing and rental properties. The company also saw a substantial rise in commercial activity, with 3,275 units sold to individuals and additional sales to institutional investors. AEDAS Homes’ investment and M&A activities were robust, with a total volume of 450 million euros, enhancing its market position and stakeholder value.

AEDAS Homes Reports Robust Growth for Fiscal Year 2024/25

AEDAS Homes reported a strong performance for the nine months ending December 31, 2024, with a 20% increase in revenue from unit delivery compared to the previous year. The company delivered 2,068 units, demonstrating its operational capacity and achieved net sales of 980 million euros, reflecting a 44% increase. The acquisition of Grupo Priesa and increased sales activity have positioned AEDAS with a managed sales portfolio valued at 1,854 million euros, indicating significant growth in both ‘Residential Promotion’ and ‘Real Estate Services’ business lines.