Nicolas Correa (NEA) AI Stock Analysis

• Market Cap: €133.29M
• Dividend Yield: 2.73%
• Average Volume (3M): 14.26K
• Price to Earnings (P/E): 9.8
• Beta (1Y): 0.35
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: ES
• Employees: 491
• Sector: Industrials
• Sector Strength: 84
• Industry: Industrial - Machinery
• EPS (TTM): 1.13
• Shares Outstanding: 12,316,627
• 10 Day Avg. Volume: 10,222
• 30 Day Avg. Volume: 14,262
• PEG Ratio: 2.29
• Price to Book (P/B): 1.09
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 9.82
• 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: 79 Outperform
• Price Target: €13.50 ▲(22.73%Upside)

Nicolas Correa's strong financial performance is the most significant factor, supported by positive technical analysis. The attractive valuation further enhances the overall score, with no influence from earnings call or corporate events due to lack of data.

Nicolas Correa Business Overview & Revenue Model

Company Description

Nicolás Correa, S.A. designs, manufactures, and sells milling machines in Spain and internationally. It offers bed type, travelling column, bridge type moving table milling, gantry type, and gantry milling machines; and express delivery machines, as well as machines with a T-shaped configuration. The company also designs and manufactures machine welded and machined structures, enclosures, telescopic guards, and other metal parts for the general industry; and manufactures and installs electrical cabinets and boards for the industrial machinery sector. In addition, it provides applications engineering and after-sales services. The company offers its products for use in aeronautic, automotive, railway, wind energy, capital goods, energy, defense, general machining, and oil and gas applications. Nicolás Correa, S.A. was founded in 1947 and is based in Burgos, Spain.

How the Company Makes Money

Nicolas Correa generates revenue primarily through the sale of its advanced milling machines. The company caters to a global clientele, offering both standard and customized solutions to meet specific industry requirements. In addition to direct sales, Nicolas Correa also earns revenue from providing after-sales services, such as maintenance and technical support, which ensure optimal machine performance and longevity for its customers. The company may also engage in strategic partnerships and collaborations with other industry players to enhance its technological offerings, although specific partnerships are not detailed. The combination of product sales and service agreements forms the backbone of Nicolas Correa's revenue model.

Nicolas Correa Financial Statement Overview

Summary

Nicolas Correa demonstrates strong financial health with consistent revenue growth, robust profitability, low leverage, and effective cash management. The company's financial position is stable, supporting operations and potential growth initiatives.

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
	EBIT
16.27M	12.14M	10.16M	7.28M	6.50M
	EBITDA
18.57M	14.10M	12.54M	9.18M	8.35M
	Net Income Common Stockholders
13.70M	10.54M	9.04M	5.57M	5.76M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
23.99M	18.86M	21.61M	24.54M	17.36M
	Total Assets
135.63M	137.63M	122.22M	115.09M	97.14M
	Total Debt
4.89M	7.90M	10.77M	12.14M	16.22M
	Net Debt
-19.07M	-10.92M	-10.80M	-12.36M	-1.14M
	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: Neutral
• Last Price: 11.00
• 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:NEA, the sentiment is Neutral. The current price of 11 is below the 20-day moving average (MA) of 11.38, above the 50-day MA of 10.89, and above the 200-day MA of 8.66, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 46.28 is Neutral, neither overbought nor oversold. The STOCH value of 52.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for ES:NEA.

Nicolas Correa Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NEA	79 Outperform	€133.29M	9.76	17.32%	2.73%	―	―
Sector *	66 Neutral	$4.44B	12.06	5.34%	6.22%	4.17%	-11.81%
0RTJ		€123.94M	28.05	4.25%	―	―	―
0F3G		€60.50M	32.39	4.15%	5.36%	―	―
0KD2		€102.20M	3.59		―	―	―
AKK		€222.83M	12.06	15.36%	3.16%	―	―
AI		€183.90M	236.00	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.

Nicolas Correa Calls for Ordinary General Shareholders’ Meeting to Discuss 2024 Financials and Governance

Nicolas Correa, S.A. has announced the call for its Ordinary General Shareholders’ Meeting scheduled for May 28, 2025, with a second call on May 29, 2025, if necessary. The agenda includes the approval of the 2024 financial year accounts, management reports, and the distribution of dividends, among other items. This meeting is crucial for discussing the company’s financial health, governance, and strategic direction, potentially impacting shareholder value and company operations.