Nicolas Correa (NEA) AI Stock Analysis

• Market Cap: €130.87M
• Dividend Yield: 2.79%
• Average Volume (3M): 6.79K
• Price to Earnings (P/E): 9.6
• Beta (1Y): 0.33
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: ES
• Employees: 491
• Sector: Industrials
• Sector Strength: 94
• Industry: Industrial - Machinery
• EPS (TTM): 0.57
• Shares Outstanding: 12,316,627
• 10 Day Avg. Volume: 3,410
• 30 Day Avg. Volume: 6,794
• PEG Ratio: N/A
• Price to Book (P/B): 1.51
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.27
• 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: €13.50
• Price Target Upside: 25.58% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 77 Outperform
• Price Target: €12.00 ▲(11.63%Upside)

Nicolas Correa's strong financial performance and attractive valuation are the key drivers of its stock score. While technical indicators show some short-term weakness, the company's robust fundamentals and undervaluation present a compelling investment opportunity.

Nicolas Correa Business Overview & Revenue Model

Company Description

Nicolas Correa (NEA) is a leading European manufacturer specializing in the design and production of milling machines. The company operates primarily in the machine tool sector, offering a wide range of high-performance, CNC milling machines for various industrial applications. Nicolas Correa serves industries such as aerospace, automotive, energy, and general manufacturing, providing both standard and customized solutions to meet specific client needs.

How the Company Makes Money

Nicolas Correa makes money through the sale of its CNC milling machines, which are its primary revenue stream. The company offers a diverse product portfolio that includes various types of milling machines tailored to different industrial requirements. In addition to direct machine sales, Nicolas Correa generates revenue from after-sales services, maintenance, and spare parts supply, ensuring long-term client relationships and recurring income. The company may also engage in strategic partnerships with industry players to enhance its product offerings and market reach, though specific partnerships are not detailed. Export sales to international markets are a significant contributor to its earnings, reflecting its strong global presence.

Nicolas Correa Financial Statement Overview

Summary

Nicolas Correa shows strong financial health with consistent revenue growth, robust profitability, low leverage, and effective cash flow management. These factors establish a solid foundation for growth and stability in the industrial goods sector.

Income Statement

Nicolas Correa demonstrates a strong income statement with consistent revenue growth over the years, notably a 10.55% increase from 2023 to 2024, and robust profitability metrics including a gross profit margin of 55.20% and a net profit margin of 11.28% for 2024. The EBIT and EBITDA margins are also solid, indicating efficient operations. The company is on a positive trajectory with growing profitability, positioning it well in the industrial goods sector.

Balance Sheet

The balance sheet of Nicolas Correa reflects a healthy financial position with a debt-to-equity ratio of 0.06, indicating low leverage and reduced financial risk. The equity ratio stands at 62.30%, showcasing strong capitalization. Return on equity is impressive at 16.21% for 2024, demonstrating effective utilization of shareholder equity. The company's balance sheet is stable, although maintaining or improving asset efficiency could further enhance financial robustness.

Cash Flow

Nicolas Correa's cash flow statement highlights strong cash generation capabilities, with a remarkable 170.29% growth in free cash flow from 2023 to 2024. The operating cash flow to net income ratio is nearly 1, indicating cash generation is well-aligned with reported profits. The free cash flow to net income ratio is robust, signifying effective cash management. The company is well-positioned to fund operations and potential growth initiatives without relying heavily on external financing.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	121.48M	109.86M	98.15M	76.55M	66.52M
Gross Profit	67.06M	59.76M	51.23M	42.45M	37.31M
EBITDA	18.57M	14.10M	12.54M	9.18M	8.35M
Net Income	13.70M	10.54M	9.04M	5.57M	5.76M
Balance Sheet
Total Assets	135.63M	137.63M	122.22M	115.09M	97.14M
Cash, Cash Equivalents and Short-Term Investments	23.99M	18.86M	21.61M	24.54M	17.36M
Total Debt	4.89M	7.90M	10.77M	12.14M	16.22M
Total Liabilities	49.98M	62.84M	55.02M	55.11M	40.10M
Stockholders Equity	84.48M	73.70M	66.23M	59.55M	56.30M
Cash Flow
Free Cash Flow	10.48M	3.88M	4.78M	13.37M	-354.00K
Operating Cash Flow	13.70M	8.22M	7.80M	15.76M	2.51M
Investing Cash Flow	-2.47M	-5.18M	-4.91M	-2.34M	-2.79M
Financing Cash Flow	-6.11M	-5.75M	-5.82M	-6.31M	4.90M

Nicolas Correa Technical Analysis

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

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:NEA, the sentiment is Positive. The current price of 10.75 is above the 20-day moving average (MA) of 10.72, below the 50-day MA of 11.06, and above the 200-day MA of 9.10, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 48.21 is Neutral, neither overbought nor oversold. The STOCH value of 54.17 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:NEA.

Nicolas Correa Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEA	77 Outperform	€130.87M	9.58	17.32%	2.79%	―	―
Sector *	65 Neutral	€4.16B	9.30	18.29%	4.04%	3.68%	-103.47%
0RTJ	―	€122.04M	27.19	4.25%	―	―	―
0F3G	―	€60.50M	33.46	4.15%	5.18%	―	―
0KD2	―	€95.58M	3.32		―	―	―
AKK	―	€221.85M	11.36	15.36%	4.40%	―	―
AI	―	€168.96M	216.00	0.92%	―	―	―

Nicolas Correa Corporate Events

Nicolas Correa Approves 2024 Accounts and Dividend, Re-elects Director

Nicolas Correa, S.A. held its General Meeting on May 29, 2025, where several key resolutions were approved. These included the approval of the company’s and the group’s consolidated annual accounts for fiscal year 2024, verified by Ernst & Young, and the distribution of a gross dividend of 0.30 euros per share. Additionally, Jaime Nicolás-Correa Vilches was re-elected as a director for four years, continuing his role as Vice President of the Board.