NEA Stock Overview
Nicolás Correa, S.A. designs, manufactures, and sells milling machines in Spain and internationally.
Nicolás Correa Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||€4.25|
|52 Week High||€6.30|
|52 Week Low||€4.21|
|1 Month Change||-19.20%|
|3 Month Change||-17.64%|
|1 Year Change||-24.38%|
|3 Year Change||6.52%|
|5 Year Change||56.54%|
|Change since IPO||292.49%|
Recent News & Updates
When Should You Buy Nicolás Correa, S.A. (BME:NEA)?
Nicolás Correa, S.A. ( BME:NEA ), is not the largest company out there, but it saw significant share price movement...
Nicolás Correa (BME:NEA) Is Looking To Continue Growing Its Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...
|NEA||ES Machinery||ES Market|
Return vs Industry: NEA exceeded the Spanish Machinery industry which returned -52.7% over the past year.
Return vs Market: NEA underperformed the Spanish Market which returned -15.7% over the past year.
|NEA Average Weekly Movement||4.0%|
|Machinery Industry Average Movement||5.8%|
|Market Average Movement||3.5%|
|10% most volatile stocks in ES Market||6.4%|
|10% least volatile stocks in ES Market||0.5%|
Stable Share Price: NEA is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: NEA's weekly volatility (4%) has been stable over the past year.
About the Company
|1947||373||Maria del Carmen Pinto Fuentes||https://www.nicolascorrea.com|
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.
Nicolás Correa Fundamentals Summary
|NEA fundamental statistics|
Is NEA overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|NEA income statement (TTM)|
|Cost of Revenue||€38.68m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.46|
|Net Profit Margin||6.65%|
How did NEA perform over the long term?See historical performance and comparison
4.7%Current Dividend Yield
Is NEA undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for NEA?
Other financial metrics that can be useful for relative valuation.
|What is NEA's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does NEA's PE Ratio compare to its peers?
|NEA PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
NBI NBI Bearings Europe
GALQ General de Alquiler de Maquinaria
NEA Nicolás Correa
Price-To-Earnings vs Peers: NEA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (19.3x).
Price to Earnings Ratio vs Industry
How does NEA's PE Ratio compare vs other companies in the European Machinery Industry?
Price-To-Earnings vs Industry: NEA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the European Machinery industry average (13.9x)
Price to Earnings Ratio vs Fair Ratio
What is NEA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||9.2x|
|Fair PE Ratio||12.4x|
Price-To-Earnings vs Fair Ratio: NEA is good value based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).
Share Price vs Fair Value
What is the Fair Price of NEA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: NEA (€4.25) is trading below our estimate of fair value (€11.41)
Significantly Below Fair Value: NEA is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
Discover undervalued companies
How is Nicolás Correa forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NEA's forecast earnings growth (15.4% per year) is above the savings rate (0.9%).
Earnings vs Market: NEA's earnings (15.4% per year) are forecast to grow faster than the Spanish market (11.7% per year).
High Growth Earnings: NEA's earnings are forecast to grow, but not significantly.
Revenue vs Market: NEA's revenue (5.6% per year) is forecast to grow faster than the Spanish market (3.7% per year).
High Growth Revenue: NEA's revenue (5.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NEA's Return on Equity is forecast to be low in 3 years time (11.1%).
Discover growth companies
How has Nicolás Correa performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NEA has high quality earnings.
Growing Profit Margin: NEA's current net profit margins (6.6%) are lower than last year (8.3%).
Past Earnings Growth Analysis
Earnings Trend: NEA's earnings have grown by 2.4% per year over the past 5 years.
Accelerating Growth: NEA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: NEA had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Machinery industry average (4.6%).
Return on Equity
High ROE: NEA's Return on Equity (9.5%) is considered low.
Discover strong past performing companies
How is Nicolás Correa's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: NEA's short term assets (€77.8M) exceed its short term liabilities (€47.9M).
Long Term Liabilities: NEA's short term assets (€77.8M) exceed its long term liabilities (€9.1M).
Debt to Equity History and Analysis
Debt Level: NEA has more cash than its total debt.
Reducing Debt: NEA's debt to equity ratio has reduced from 50.6% to 17.5% over the past 5 years.
Debt Coverage: NEA's debt is well covered by operating cash flow (54.5%).
Interest Coverage: NEA's interest payments on its debt are well covered by EBIT (22.3x coverage).
Discover healthy companies
What is Nicolás Correa current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Nicolás Correa Dividend Yield vs Market|
|Company (Nicolás Correa)||4.7%|
|Market Bottom 25% (ES)||2.3%|
|Market Top 25% (ES)||6.1%|
|Industry Average (Machinery)||5.2%|
|Analyst forecast in 3 Years (Nicolás Correa)||4.2%|
Notable Dividend: NEA's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Spanish market (2.3%).
High Dividend: NEA's dividend (4.71%) is low compared to the top 25% of dividend payers in the Spanish market (6.04%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, NEA has been paying a dividend for less than 10 years.
Growing Dividend: NEA's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (43.5%), NEA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (81.2%), NEA's dividend payments are covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Maria del Carmen Pinto Fuentes
Ms. Maria del Carmen Pinto Fuentes serves as Managing Director, Chief Executive Officer and Executive Director of Nicolás Correa, S.A.
CEO Compensation Analysis
|Maria del Carmen Pinto Fuentes's Compensation vs Nicolás Correa Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||n/a||n/a|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||n/a||n/a|
|Sep 30 2020||n/a||n/a|
|Jun 30 2020||n/a||n/a|
|Mar 31 2020||n/a||n/a|
|Dec 31 2019||n/a||n/a|
|Sep 30 2019||n/a||n/a|
|Jun 30 2019||n/a||n/a|
|Mar 31 2019||n/a||n/a|
|Dec 31 2018||n/a||n/a|
|Sep 30 2018||n/a||n/a|
|Jun 30 2018||n/a||n/a|
|Mar 31 2018||n/a||n/a|
|Dec 31 2017||n/a||n/a|
|Sep 30 2017||n/a||n/a|
|Jun 30 2017||n/a||n/a|
|Mar 31 2017||n/a||n/a|
|Dec 31 2016||n/a||n/a|
|Sep 30 2016||n/a||n/a|
|Jun 30 2016||n/a||n/a|
|Mar 31 2016||n/a||n/a|
|Dec 31 2015||€76k||€63k|
Compensation vs Market: Insufficient data to establish whether Maria del Carmen's total compensation is reasonable compared to companies of similar size in the Spanish market.
Compensation vs Earnings: Insufficient data to compare Maria del Carmen's compensation with company performance.
Experienced Board: NEA's board of directors are seasoned and experienced ( 22.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Nicolás Correa, S.A.'s employee growth, exchange listings and data sources
- Name: Nicolás Correa, S.A.
- Ticker: NEA
- Exchange: BME
- Founded: 1947
- Industry: Industrial Machinery
- Sector: Capital Goods
- Implied Market Cap: €51.500m
- Shares outstanding: 12.12m
- Website: https://www.nicolascorrea.com
Number of Employees
- Nicolás Correa, S.A.
- Alcalde MartIn Cobos 16A
- Castile and León
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|NEA||BME (Bolsas y Mercados Espanoles)||Yes||Ordinary Shares||ES||EUR||Jan 1992|
|0FDN||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|NEAE||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/27 00:00|
|End of Day Share Price||2022/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.