Neinor Homes (LSE:0RNU) - Stock Price, News & Analysis

0RNU Stock Overview

Develops, promotes, rental, and manages real estate properties in Spain. More details

0RNU fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	1/6
Past Performance	5/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (11.9x) is below the UK market (16.3x)

Revenue is forecast to grow 5.01% per year

Earnings grew by 51.2% over the past year

Risk Analysis

Earnings are forecast to decline by an average of 6.5% per year for the next 3 years

Unstable dividend track record

Neinor Homes, S.A. Competitors

Cairn Homes

LSE:CRN

UK£1.1b

Bellway

LSE:BWY

UK£3.0b

MJ Gleeson

LSE:GLE

UK£315.8m

Persimmon

LSE:PSN

UK£4.0b

Price History & Performance

Summary of all time highs, changes and price drops for Neinor Homes
Historical stock prices
Current Share Price	€15.30
52 Week High	€15.50
52 Week Low	€9.56
Beta	0.51
11 Month Change	2.67%
3 Month Change	16.26%
1 Year Change	47.40%
33 Year Change	37.84%
5 Year Change	34.80%
Change since IPO	-7.11%

Recent updates

Shareholder Returns

	0RNU	GB Consumer Durables	GB Market
7D	4.2%	-4.5%	-0.3%
1Y	47.4%	-5.6%	6.1%

Return vs Industry: 0RNU exceeded the UK Consumer Durables industry which returned -3.7% over the past year.

Return vs Market: 0RNU exceeded the UK Market which returned 5.6% over the past year.

Price Volatility

Is 0RNU's price volatile compared to industry and market?
0RNU volatility
0RNU Average Weekly Movement	3.3%
Consumer Durables Industry Average Movement	4.3%
Market Average Movement	4.7%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0RNU has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0RNU's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	261	Francisco de Garcia-Egotxeaga Vergara	www.neinorhomes.com

Neinor Homes, S.A., together with its subsidiaries, develops, promotes, rental, and manages real estate properties in Spain. It operates through Development, Assets Management – Servicing, and Rental segments. The company’s land portfolio consists of lots with buildable units in Madrid, Guadalajara, Catalonia, the Basque Country, Valencia, Balearic, and Andalusia.

Neinor Homes, S.A. Fundamentals Summary

How do Neinor Homes's earnings and revenue compare to its market cap?
0RNU fundamental statistics
Market cap	€1.14b
Earnings (TTM)	€95.88m
Revenue (TTM)	€581.48m

11.9x

P/E Ratio

2.0x

P/S Ratio

Is 0RNU overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RNU income statement (TTM)
Revenue	€581.48m
Cost of Revenue	€423.43m
Gross Profit	€158.06m
Other Expenses	€62.18m
Earnings	€95.88m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	1.29
Gross Margin	27.18%
Net Profit Margin	16.49%
Debt/Equity Ratio	42.2%

How did 0RNU perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

n/a

Payout Ratio

0RNU Stock Overview

Rewards

Risk Analysis

Neinor Homes, S.A. Competitors

LSE:CRN

UK£1.1b

LSE:BWY

UK£3.0b

LSE:GLE

UK£315.8m

LSE:PSN

UK£4.0b

Price History & Performance

Recent News & Updates

Now 21% undervalued

Upcoming dividend of €0.50 per share

Neinor Homes, S.A. (BME:HOME) entered into an agreement to acquire 10% stake in Habitat Grupo Inmobiliario, S.A. from Bain Capital Credit, Ltd.

Round Hill Capital LLC acquired 147 Units Parla Homes in Parla, Madrid from Neinor Homes, S.A. (BME:HOME) for €29 million.

First half 2024 earnings released: EPS: €0.13 (vs €0.059 in 1H 2023)

Upcoming dividend of €0.50 per share

Recent updates

Now 21% undervalued

Upcoming dividend of €0.50 per share

Neinor Homes, S.A. (BME:HOME) entered into an agreement to acquire 10% stake in Habitat Grupo Inmobiliario, S.A. from Bain Capital Credit, Ltd.

Round Hill Capital LLC acquired 147 Units Parla Homes in Parla, Madrid from Neinor Homes, S.A. (BME:HOME) for €29 million.

First half 2024 earnings released: EPS: €0.13 (vs €0.059 in 1H 2023)

Upcoming dividend of €0.50 per share

Neinor Homes, S.A. to Report First Half, 2024 Results on Jul 25, 2024

Neinor Homes, S.A., Annual General Meeting, Apr 16, 2024

Full year 2023 earnings released: EPS: €1.32 (vs €1.59 in FY 2022)

Neinor Homes, S.A. to Report Fiscal Year 2023 Results on Feb 21, 2024

Investor sentiment improves as stock rises 15%

First half 2023 earnings released: EPS: €0.06 (vs €0.47 in 1H 2022)

Neinor Homes, S.A. to Report Q2, 2023 Results on Jul 26, 2023

Now 21% undervalued after recent price drop

Savills Investment Management LLP acquired Two newly built residential properties in Valencia, Spain from Neinor Homes, S.A. (BME:HOME) for €66 million.

Now 21% undervalued after recent price drop

Full year 2022 earnings released: EPS: €1.59 (vs €1.35 in FY 2021)

An unknown German fund agreed to acquire Hacienda Homes In Malaga from Neinor Homes, S.A. (BME:HOME).

Less than half of directors are independent

Investor sentiment deteriorated over the past week

Second quarter 2022 earnings released

Neinor Homes, S.A. to Report First Half, 2022 Results on Jul 27, 2022

Upcoming dividend of €0.63 per share

Neinor Starts Preliminary Talks for Strategic Options Regarding its Portfolio of Assets

Neinor Homes, S.A. to Report Nine Months, 2022 Results on Nov 09, 2022

Inaugural dividend of €0.57 per share

Now 21% undervalued after recent price drop

Less than half of directors are independent

Less than half of directors are independent

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Second quarter 2021 earnings released

Neinor Homes, S.A. (BME:HOME) completed the acquisition of Quabit Inmobiliaria, S.A. (BME:QBT).

Neinor Homes, S.A. (BME:HOME) acquired A portfolio of 400 units from Hadley Investments SOCIMI, S.A.U. (BME:YHLY).

Neinor Homes, S.A. (BME:HOME) agreed to acquire Quabit Inmobiliaria, S.A. (BME:QBT).

New 90-day high: €11.13

New 90-day low: €9.82

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations

Neinor Homes, S.A. (BME:HOME) acquired 75% stake in Renta Garantizada, S.A.U.

New 90-day high: €11.40

New 90-day high - €10.80

Shareholder Returns

Price Volatility

About the Company

Neinor Homes, S.A. Fundamentals Summary

11.9x

2.0x

Earnings & Revenue

Dividends

3.5%

n/a