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Neinor Homes (ES:HOME)
:HOME

Neinor Homes (HOME) AI Stock Analysis

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Neinor Homes

(LSE:HOME)

Rating:61Neutral
Price Target:
€14.50
▲(4.02%Upside)
The stock's overall score is driven by stable financial performance and attractive valuation, countered by technical indicators signaling potential short-term weakness. The high dividend yield is a significant strength, while declining revenues pose a challenge.

Neinor Homes (HOME) vs. iShares MSCI Spain ETF (EWP)

Neinor Homes Business Overview & Revenue Model

Company DescriptionNeinor 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 portfolio consists of 160 lots with a total of 9.700 buildable units in Madrid, Catalonia, the Basque Country, Valencia, and Andalusia. Neinor Homes, S.A. was founded in 1988 and is headquartered in Bilbao, Spain.
How the Company Makes MoneyNeinor Homes generates revenue primarily through the development and sale of residential properties. The company's core revenue stream is derived from selling newly constructed homes to individual buyers. Neinor Homes strategically acquires land, develops residential projects, and markets these properties to potential homeowners. Additionally, the company may engage in partnerships with financial institutions or investors to fund its development projects, contributing to its capital base and enabling further growth. Rental income from properties held for investment purposes and possible property management services also contribute to its earnings.

Neinor Homes Financial Statement Overview

Summary
The company shows financial stability with strong profit margins and efficient cash generation. Despite a stable gross profit margin and improved net profit margin, declining revenues and equity suggest challenges in growth and value retention. The low leverage is a positive aspect, indicating a strong foundation.
Income Statement
55
Neutral
The income statement shows declining revenue over recent years, with a revenue decrease from 2023 to 2024. However, the company maintains a stable gross profit margin of approximately 31.5% in 2024. The net profit margin slightly improved to 12.7% in 2024, reflecting efficient cost management. However, the negative revenue growth and reduced EBIT margin indicate challenges in growing sales and maintaining operational efficiency.
Balance Sheet
70
Positive
The balance sheet is relatively strong with a low debt-to-equity ratio of 0.23 in 2024, reflecting conservative leverage. The equity ratio is also healthy at 49.8%, indicating a strong equity base compared to total assets. However, declining stockholders' equity from 2023 to 2024 suggests potential concerns in value retention.
Cash Flow
60
Neutral
The cash flow statement indicates a significant improvement in free cash flow from 2023 to 2024, driven by strong operating cash flow. The operating cash flow to net income ratio is favorable, suggesting efficient cash generation from operations. However, the free cash flow growth rate is moderate, and the investing cash flow remains negative, which could impact future growth investments.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
581.48M486.69M590.63M765.29M914.30M572.80M
Gross Profit
157.12M153.23M181.19M208.99M242.99M159.07M
EBIT
100.06M66.50M111.28M139.11M141.83M96.64M
EBITDA
100.10M104.12M132.72M120.68M148.78M101.92M
Net Income Common Stockholders
95.88M62.01M90.63M96.27M103.03M70.12M
Balance SheetCash, Cash Equivalents and Short-Term Investments
233.14M375.17M197.78M227.82M283.33M272.41M
Total Assets
1.65B1.73B1.65B1.78B1.97B1.56B
Total Debt
403.85M194.29M387.89M197.37M557.07M336.75M
Net Debt
179.70M-174.14M199.53M-30.17M287.39M66.54M
Total Liabilities
702.85M863.59M667.61M850.97M1.02B698.06M
Stockholders Equity
945.13M858.74M975.37M927.17M943.38M860.61M
Cash FlowFree Cash Flow
116.59M103.52M9.88M148.30M224.46M133.86M
Operating Cash Flow
116.90M105.04M10.51M151.56M225.20M134.67M
Investing Cash Flow
46.76M-24.00M81.00M-21.82M-43.78M-22.69M
Financing Cash Flow
-70.37M92.31M-130.69M-211.85M-141.99M-15.18M

Neinor Homes Technical Analysis

Technical Analysis Sentiment
Negative
Last Price13.94
Price Trends
50DMA
14.07
Negative
100DMA
14.20
Negative
200DMA
13.66
Positive
Market Momentum
MACD
-0.06
Positive
RSI
45.77
Neutral
STOCH
32.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:HOME, the sentiment is Negative. The current price of 13.94 is below the 20-day moving average (MA) of 14.10, below the 50-day MA of 14.07, and above the 200-day MA of 13.66, indicating a neutral trend. The MACD of -0.06 indicates Positive momentum. The RSI at 45.77 is Neutral, neither overbought nor oversold. The STOCH value of 32.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ES:HOME.

Neinor Homes Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$2.85B10.990.40%6.10%5.75%-21.23%
61
Neutral
€1.05B16.826.76%11.73%-16.61%-31.62%
€3.88B11.765.79%3.49%
€740.97M20.943.13%4.31%
$7.11B20.654.25%3.89%
DE1QK
€1.15B8.0315.63%9.97%
ESMVC
63
Neutral
€1.63B102.58
8.56%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
ES:HOME
Neinor Homes
13.94
4.25
43.86%
GB:0RID
Inmobiliaria Colonial
6.23
0.43
7.41%
GB:0KBV
Realia Business
0.94
0.00
0.00%
MRPRF
MERLIN Properties SOCIMI SA
12.75
1.70
15.38%
DE:1QK
AEDAS Homes SA
27.55
9.21
50.22%
ES:MVC
Metrovacesa SA
10.65
3.08
40.69%

Neinor Homes Corporate Events

Neinor Homes in Talks for Potential Acquisition of Aedas Homes
May 27, 2025

Neinor Homes, a company in the real estate sector, is in discussions to potentially acquire all shares of Aedas Homes, as communicated by Aedas’ majority shareholder, Hipoteca 43 Lux. The negotiations are under a confidentiality agreement, and Aedas has provided limited access to its information for due diligence purposes. There is no certainty or decision yet regarding the offer or its terms.

The most recent analyst rating on (ES:HOME) stock is a Buy with a EUR13.00 price target. To see the full list of analyst forecasts on Neinor Homes stock, see the ES:HOME Stock Forecast page.

Neinor Homes Engages in Strategic Discussions with Castlelake
May 27, 2025

Neinor Homes is in discussions with Castlelake, L.P. regarding a potential corporate operation involving AEDAS Homes, though no decisions have been made. The company remains committed to its growth strategy in Spain’s residential market, aiming to enhance shareholder value and solidify its leading position in the sector.

The most recent analyst rating on (ES:HOME) stock is a Buy with a EUR13.00 price target. To see the full list of analyst forecasts on Neinor Homes stock, see the ES:HOME Stock Forecast page.

Neinor Homes Announces Share Capital Reduction
May 23, 2025

Neinor Homes has announced a reduction in share capital by approximately 30.7 million euros, decreasing the nominal value of its shares. This move, approved by the shareholders, adjusts the company’s share capital to 385.3 million euros, potentially impacting its financial structure and shareholder value.

The most recent analyst rating on (ES:HOME) stock is a Buy with a EUR17.00 price target. To see the full list of analyst forecasts on Neinor Homes stock, see the ES:HOME Stock Forecast page.

Neinor Homes Announces Share Capital Reduction
May 23, 2025

Neinor Homes has announced a reduction in its share capital by 30,737,187.91 euros, which has been registered in the Commercial Registry of Bizkaia. This move, approved by the shareholders in March 2025, adjusts the nominal value of the company’s shares and sets the new share capital at 385,339,380.14 euros, potentially impacting shareholder value and market positioning.

The most recent analyst rating on (ES:HOME) stock is a Buy with a EUR13.00 price target. To see the full list of analyst forecasts on Neinor Homes stock, see the ES:HOME Stock Forecast page.

Neinor Homes Announces Strategic Asset Sales and Management Continuation
May 12, 2025

Neinor Homes has announced the sale of shares in Europa Rental Homes PropCo and Sundowner Holding Iberia to a company managed by Round Hill, involving properties in Guadalajara and Seville. Additionally, Neinor has agreed to sell three rental buildings in Málaga, Valencia, and Alicante to Global Hesperides, linked to 1810 Capital Investments, for up to 50 million euros, with the transaction expected to complete by December 2025. Despite these sales, Neinor will continue managing the properties under existing contracts, indicating a strategic shift while maintaining operational involvement.

Neinor Homes Reports Strong Q1 Sales and Announces Shareholder Capital Return
Apr 8, 2025

Neinor Homes reported a substantial increase in home sales for the first quarter of 2025, with 670 homes sold amounting to approximately 246 million euros, marking an 86% increase in units and a 97% increase in revenue compared to the previous year. Additionally, the company announced a capital reduction to return contributions to shareholders, with a gross amount of 0.41 euros per share, subject to a 1% tax rate on the returned contributions.

Neinor Homes Reports Q1 2025 Liquidity Contract Operations
Apr 1, 2025

Neinor Homes has disclosed the operations carried out under its liquidity contract for the first quarter of 2025. The company executed significant purchase and sale transactions, reflecting active management of its liquidity position. This activity is indicative of Neinor’s strategic approach to maintaining financial stability and optimizing its market operations.

Neinor Homes Approves Key Resolutions at Shareholders Meeting
Mar 31, 2025

Neinor Homes held its ordinary general meeting of shareholders on March 31, 2025, achieving a quorum of 81.73% of the share capital. The meeting resulted in the approval of several key resolutions, including the annual accounts, management reports, and a significant share capital reduction aimed at returning contributions to shareholders, reflecting strong stakeholder engagement and strategic financial management.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.