Aedas.Mc

Aedas Homes SA maintains a capital structure characterized by a debt-to-equity ratio of 0.70 and a current ratio of 1.93, indicating moderate leverage and adequate short-term liquidity coverage. The company holds total assets of €2.09 billion against total liabilities of €1.20 billion, resulting in total equity of €890 million. Long-term debt stands at €622 million, while cash and equivalents are reported at €0.0, leading to a negative net cash position after subtracting total debt. The market capitalization is €942 million, with a price-to-book ratio of 1.06 and an EV/EBITDA multiple of 15.69.

Profitability metrics show a return on equity (ROE) of 6.84% and a return on assets (ROA) of 2.91%. The company generated net income of €60.9 million on revenue of €868.8 million, yielding a net margin of approximately 7.0%. Operating income was €99.7 million, reflecting an operating margin of roughly 11.5%. Free cash flow was negative at -€68.1 million, driven by capital expenditures of -€1.1 million and operating cash flow of €80.7 million.

Revenue concentration and segment details are not explicitly provided in the available data, limiting the ability to assess specific business line contributions or geographic exposure. The company's activity is broadly classified under Real Estate Management & Development, suggesting a focus on residential or commercial property projects, but specific segment breakdowns are absent.

Growth trajectory analysis is constrained by the absence of historical period data in the input. Without multi-year revenue or net income trends, it is not possible to evaluate the company's growth rate, consistency, or cyclical patterns. The current financial snapshot provides a single-period view, preventing longitudinal assessment of performance drivers.

Risk assessment indicates medium liquidity risk and low dilution risk. A key flag notes that net cash is negative after subtracting total debt, highlighting reliance on debt financing. The absence of cash and equivalents exacerbates this liquidity concern, although the current ratio of 1.93 suggests sufficient current assets to cover current liabilities. Dilution risk is low, with basic and diluted shares outstanding both at 43.7 million, indicating no significant share-based compensation or convertible instruments impacting share count.

Recent events include analyst estimates with a mean price target of €24.10 and a median target of €24.00, implying a potential upside from the current market price of €21.55. The mean recommendation is 3.00 (neutral), with one buy rating and no strong buy or hold ratings. News observations indicate reconciler enqueue events related to analysis job processing, but no significant corporate actions, filings, or transcript disclosures are present in the data.

Revenue €868.8M, −24,9% YoY; Operating income −52,1% YoY.

• ▍Revenue €868.8M, −24,9% YoY
• ▍Operating income −52,1% YoY
• ▍Net income −59,4% YoY
• ▍Free cash flow −260,6% YoY
• ▍Net margin 7.0%

Revenue €1.16B, +1,0% YoY; Operating income +21,4% YoY.

• ▍Revenue €1.16B, +1,0% YoY
• ▍Operating income +21,4% YoY
• ▍Net income +37,5% YoY
• ▍Free cash flow +214,1% YoY
• ▍Net margin 12.9%

Revenue €1.14B, +24,4% YoY; Operating income +8,3% YoY.

• ▍Revenue €1.14B, +24,4% YoY
• ▍Operating income +8,3% YoY
• ▍Net income +3,6% YoY
• ▍Free cash flow −3 203,8% YoY
• ▍Net margin 9.5%

Revenue €919.8M, +20,1% YoY; Operating income +9,5% YoY.

• ▍Revenue €919.8M, +20,1% YoY
• ▍Operating income +9,5% YoY
• ▍Net income +12,8% YoY
• ▍Free cash flow +128,4% YoY
• ▍Net margin 11.4%

Revenue €765.6M; Operating income €144.4M.

• ▍Revenue €765.6M
• ▍Operating income €144.4M
• ▍Net margin 12.2%