NEAE Stock Overview

Engages in the design, manufacture, and sale of CNC milling machines in Spain and internationally. More details

NEAE fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	2/6
Financial Health	6/6
Dividends	3/6

Rewards

Trading at 26.6% below our estimate of its fair value

Earnings are forecast to grow 15.35% per year

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (€65M)

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

Nicolás Correa, S.A. Competitors

Mincon Group

AIM:MCON

UK£80.7m

Renold

AIM:RNO

UK£96.1m

Avingtrans

AIM:AVG

UK£124.9m

Mpac Group

AIM:MPAC

UK£148.0m

Price History & Performance

Summary of share price highs, lows and changes for Nicolás Correa
Historical stock prices
Current Share Price	€5.16
52 Week High	€5.16
52 Week Low	€5.16
Beta	0.80
1 Month Change	0%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	7.05%
5 Year Change	n/a
Change since IPO	225.55%

Recent News & Updates

No updates

Recent updates

No updates

Shareholder Returns

	NEAE	GB Machinery	GB Market
7D	0%	-1.7%	-2.2%
1Y	n/a	-5.4%	2.4%

Return vs Industry: Insufficient data to determine how NEAE performed against the UK Machinery industry.

Return vs Market: Insufficient data to determine how NEAE performed against the UK Market.

Price Volatility

Is NEAE's price volatile compared to industry and market?
NEAE volatility
NEAE Average Weekly Movement	n/a
Machinery Industry Average Movement	4.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.5%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: NEAE has not had significant price volatility in the past 3 months.

Volatility Over Time: Insufficient data to determine NEAE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1947	373	Maria del Carmen Pinto Fuentes	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, S.A. Fundamentals Summary

How do Nicolás Correa's earnings and revenue compare to its market cap?
NEAE fundamental statistics
Market cap	€64.60m
Earnings (TTM)	€5.58m
Revenue (TTM)	€83.91m

11.6x

P/E Ratio

0.8x

P/S Ratio

Is NEAE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NEAE income statement (TTM)
Revenue	€83.91m
Cost of Revenue	€39.23m
Gross Profit	€44.69m
Other Expenses	€39.11m
Earnings	€5.58m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	0.46
Gross Margin	53.25%
Net Profit Margin	6.65%
Debt/Equity Ratio	17.5%

How did NEAE perform over the long term?

See historical performance and comparison

Dividends

3.7%

Current Dividend Yield

43%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2023/02/08 13:48
End of Day Share Price	2022/11/11 00:00
Earnings	2022/06/30
Annual Earnings	2021/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Nicolás Correa, S.A. is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Jaime Sémelas	Banesto Bolsa
Iñigo Recio Pascual	GVC Gaesco Valores
David López Sánchez	Lighthouse-IEAF Servicios de Analisis