Metrovacesa SA (MVC) AI Stock Analysis

• Market Cap: €1.63B
• Dividend Yield: 7.46%
• Average Volume (3M): 43.42K
• Price to Earnings (P/E): 102.6
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: ES
• Employees: 218
• Sector: Consumer Cyclical
• Sector Strength: 57
• Industry: Residential Construction
• EPS (TTM): N/A
• Shares Outstanding: 151,676,330
• 10 Day Avg. Volume: 17,453
• 30 Day Avg. Volume: 43,418
• PEG Ratio: 0.18
• Price to Book (P/B): 0.53
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 4.57
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 66 Neutral
• Price Target: €11.50 ▲(6.98%Upside)

Metrovacesa SA's stock is supported by strong financial performance with robust cash flow and a stable balance sheet. However, technical indicators suggest neutral momentum, while the high P/E ratio implies potential overvaluation. The attractive dividend yield provides a counterbalance, offering income potential.

Metrovacesa SA Business Overview & Revenue Model

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.

How the Company Makes Money

Metrovacesa SA generates revenue primarily through the development and sale of real estate properties. The company's key revenue streams include the sale of residential units, such as apartments and villas, as well as commercial properties like office buildings and retail spaces. Additionally, Metrovacesa may engage in land sales and property management services as part of its revenue model. The company's earnings are influenced by its strategic partnerships with construction firms, local governments, and financial institutions, which enable it to efficiently develop and market its properties.

Metrovacesa SA Financial Statement Overview

Summary

Metrovacesa SA demonstrates a positive financial trajectory with improving revenue and profitability metrics. The balance sheet is stable with a strong equity base and conservative debt levels, fostering financial resilience. Robust cash flow generation enhances liquidity, supporting future growth initiatives. While there is room for improvement in operational margins, the overall outlook remains promising in the residential construction industry.

Income Statement

Metrovacesa SA has shown a strong revenue growth of 11.48% from 2023 to 2024, indicating a positive trajectory in its operations. The gross profit margin improved significantly to 28.18%, reflecting better cost management. The net profit margin also improved to 2.43%, turning positive after a loss in the previous year, suggesting a recovery in profitability. However, the EBIT margin remains moderate at 7.78%, implying room for improvement in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio is relatively low at 0.22, indicating a conservative leverage position. Return on Equity (ROE) improved significantly to 0.99%, showing better profitability relative to shareholder investments. The equity ratio stands strong at 66.15%, highlighting a stable financial structure with a good proportion of equity financing. However, overall asset efficiency can be further optimized.

Cash Flow

Free cash flow showed impressive growth, nearly tripling from the previous year, which indicates strong cash generation capabilities. The operating cash flow to net income ratio is 5.98, suggesting strong cash-based earnings. The free cash flow to net income ratio is also robust at 5.98, reflecting efficient cash conversion. Continued positive cash flows support liquidity and potential investment opportunities.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
649.35M	653.76M	586.46M	519.21M	510.74M	147.87M
	Gross Profit
541.15M	184.27M	65.68M	97.08M	103.42M	23.11M
	EBIT
50.01M	50.85M	14.05M	-7.91M	37.44M	-131.62M
	EBITDA
67.79M	48.20M	12.27M	-1.31M	33.76M	-124.37M
	Net Income Common Stockholders
18.22M	15.88M	-20.84M	-23.48M	18.46M	-163.52M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
163.13M	193.88M	124.52M	144.11M	322.00M	344.09M
	Total Assets
2.51B	2.41B	2.53B	2.51B	2.78B	2.93B
	Total Debt
213.76M	355.62M	438.39M	347.52M	390.03M	417.17M
	Net Debt
50.63M	169.19M	366.06M	223.44M	90.48M	83.13M
	Total Liabilities
874.73M	816.64M	847.36M	708.34M	697.34M	746.84M
	Stockholders Equity
1.63B	1.60B	1.69B	1.81B	2.08B	2.18B
Cash Flow		Free Cash Flow
54.55M	94.96M	30.78M	211.27M	138.21M	-78.83M
	Operating Cash Flow
54.55M	94.96M	32.24M	211.27M	138.97M	-78.45M
	Investing Cash Flow
6.78M	39.51M	-28.74M	-8.02M	-3.85M	-10.66M
	Financing Cash Flow
-94.29M	-144.33M	-9.21M	-300.79M	-169.61M	283.46M

Metrovacesa SA Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 10.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:MVC, the sentiment is Positive. The current price of 10.75 is above the 20-day moving average (MA) of 10.70, above the 50-day MA of 10.71, and above the 200-day MA of 9.05, indicating a bullish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 50.34 is Neutral, neither overbought nor oversold. The STOCH value of 62.96 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:MVC.

Metrovacesa SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MVC	66 Neutral	€1.63B	102.58		7.46%	―	―
Sector *	62 Neutral	$6.76B	11.06	2.80%	6.66%	2.68%	-24.89%
0RNU		€1.24B	19.90	6.76%	13.03%	―	―
1QK		€1.01B	7.07	15.63%	11.32%	―	―

Metrovacesa SA Corporate Events

Metrovacesa Engages in Financial Derivative Transaction with BBVA

Metrovacesa S.A. has entered into a financial derivative transaction with Banco Bilbao Vizcaya Argentaria (BBVA) to hedge interest rates, involving a nominal amount that varies between 10,950,000 euros and 39,450,000 euros. This strategic financial move, effective from June 30, 2025, to October 31, 2029, aims to manage financial risk and is accompanied by a cost of 135,000 euros. The transaction underscores Metrovacesa’s efforts to stabilize its financial operations and reflects its close financial relationship with BBVA, which holds a significant share in the company.

Metrovacesa Secures €9 Million Developer Loan from BBVA

Metrovacesa S.A. has entered into a significant financial arrangement with Banco Bilbao Vizcaya Argentaria (BBVA), involving a developer loan of approximately 9 million euros for a residential project in Seville. This strategic move is expected to bolster Metrovacesa’s financial position and support its ongoing real estate development initiatives, potentially enhancing its market presence and offering benefits to stakeholders.

Metrovacesa Announces Dividend Distribution for 2025

Metrovacesa S.A. has announced a dividend distribution of 0.46 euros per share, approved by its Board of Directors and to be paid on May 22, 2025. This decision reflects the company’s financial strategy and impacts shareholders by providing a return on their investment, with Banco Santander acting as the payment agent.

Metrovacesa Announces Board Changes

Metrovacesa S.A. announced the resignation of Mr. Mariano Olmeda Sarrión from the Board of Directors, where he served as vice president. The company has appointed Mr. Jaime Ybarra Loring to the board, representing Banco Santander, and Mr. Carlos Manzano Cuesta has been named the new vice president. These changes are part of the company’s ongoing efforts to maintain strong leadership and governance.

Metrovacesa Announces Shareholders’ Meeting and Dividend Distribution

Metrovacesa S.A. has announced the convening of its Ordinary General Shareholders’ Meeting, scheduled for April 28 and 29, 2025, in Madrid. The agenda includes approval of financial statements, management performance, dividend distribution, and re-election of auditors and directors. A notable proposal is the distribution of dividends from freely available reserves, amounting to approximately 69.7 million euros, with payment expected around May 22, 2025.