Aedas Homes, S.A. engages in the development of residential homes in Spain. More Details
Solid track record with adequate balance sheet.
Share Price & News
How has Aedas Homes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: AEDAS is not significantly more volatile than the rest of Spanish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: AEDAS's weekly volatility (4%) has been stable over the past year.
7 Day Return
ES Real Estate
1 Year Return
ES Real Estate
Return vs Industry: AEDAS exceeded the Spanish Real Estate industry which returned 23.5% over the past year.
Return vs Market: AEDAS exceeded the Spanish Market which returned 22.6% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Aedas Homes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat Kind Of Investors Own Most Of Aedas Homes, S.A. (BME:AEDAS)?
4 weeks ago | Simply Wall StEstimating The Intrinsic Value Of Aedas Homes, S.A. (BME:AEDAS)
1 month ago | Simply Wall StDoes Aedas Homes (BME:AEDAS) Have A Healthy Balance Sheet?
Is Aedas Homes undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: AEDAS (€25.5) is trading above our estimate of fair value (€22.69)
Significantly Below Fair Value: AEDAS is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: AEDAS is good value based on its PE Ratio (14.4x) compared to the Spanish Real Estate industry average (18.3x).
PE vs Market: AEDAS is good value based on its PE Ratio (14.4x) compared to the Spanish market (20.6x).
Price to Earnings Growth Ratio
PEG Ratio: AEDAS is good value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: AEDAS's PB Ratio (1.1x) is in line with the ES Real Estate industry average.
How is Aedas Homes forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: AEDAS's forecast earnings growth (14.5% per year) is above the savings rate (1%).
Earnings vs Market: AEDAS's earnings (14.5% per year) are forecast to grow slower than the Spanish market (20.4% per year).
High Growth Earnings: AEDAS's earnings are forecast to grow, but not significantly.
Revenue vs Market: AEDAS's revenue (13.5% per year) is forecast to grow faster than the Spanish market (6.6% per year).
High Growth Revenue: AEDAS's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: AEDAS's Return on Equity is forecast to be low in 3 years time (13.8%).
How has Aedas Homes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: AEDAS has high quality earnings.
Growing Profit Margin: AEDAS's current net profit margins (12.7%) are higher than last year (10.4%).
Past Earnings Growth Analysis
Earnings Trend: AEDAS's earnings have grown significantly by 81.6% per year over the past 5 years.
Accelerating Growth: AEDAS's earnings growth over the past year (123%) exceeds its 5-year average (81.6% per year).
Earnings vs Industry: AEDAS earnings growth over the past year (123%) exceeded the Real Estate industry -4.5%.
Return on Equity
High ROE: AEDAS's Return on Equity (8.6%) is considered low.
How is Aedas Homes's financial position?
Financial Position Analysis
Short Term Liabilities: AEDAS's short term assets (€1.7B) exceed its short term liabilities (€603.2M).
Long Term Liabilities: AEDAS's short term assets (€1.7B) exceed its long term liabilities (€89.5M).
Debt to Equity History and Analysis
Debt Level: AEDAS's debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if AEDAS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: AEDAS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: AEDAS's interest payments on its debt are well covered by EBIT (8.8x coverage).
What is Aedas Homes's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: AEDAS's dividend (3.53%) is higher than the bottom 25% of dividend payers in the Spanish market (1.46%).
High Dividend: AEDAS's dividend (3.53%) is low compared to the top 25% of dividend payers in the Spanish market (4.74%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether AEDAS's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if AEDAS's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.7%), AEDAS's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: AEDAS's dividends in 3 years are forecast to be covered by earnings (66.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
David Martínez Montero (50 yo)
Mr. David Martinez Montero has been the Chief Executive Officer at Aedas Homes, S.A.U. since September 11, 2017 and has been its Executive Director since June 30, 2017. Mr. Martínez has an extensive experi...
Experienced Management: AEDAS's management team is considered experienced (3.8 years average tenure).
Experienced Board: AEDAS's board of directors are considered experienced (3.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Aedas Homes, S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Aedas Homes, S.A.
- Ticker: AEDAS
- Exchange: BME
- Founded: 2016
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: €1.138b
- Shares outstanding: 44.64m
- Website: https://www.aedashomes.com
Number of Employees
- Aedas Homes, S.A.
- Paseo de la Castellana, 42
Aedas Homes, S.A. engages in the development of residential homes in Spain. It focuses on multi- and single-family homes. The company was incorporated in 2016 and is based in Madrid, Spain. Aedas Homes, S....
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/31 19:38|
|End of Day Share Price||2021/07/30 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.