Neinor Homes SA
MAD:HOME
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EV/OCF
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Enterprise Value to Operating Cash Flow (EV/OCF) ratio compares a company`s total enterprise value to its operating cash flow. It shows how much investors are paying for each dollar of the company`s operating cash flow, including both equity and debt.
Valuation Scenarios
If EV/OCF returns to its 3-Year Average (9.2), the stock would be worth €43.47 (154% upside from current price).
| Scenario | EV/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.6 | €17.14 |
0%
|
| 3-Year Average | 9.2 | €43.47 |
+154%
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| 5-Year Average | 4.3 | €20.43 |
+19%
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| Industry Average | 21.5 | €101.28 |
+491%
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| Country Average | 12.5 | €58.62 |
+242%
|
Forward EV/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | EV/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| ES |
|
Neinor Homes SA
MAD:HOME
|
1.7B EUR | 3.6 | 13.7 | |
| US |
|
D R Horton Inc
NYSE:DHI
|
45.6B USD | 13.8 | 14.4 | |
| US |
D
|
DR Horton Inc
XMUN:HO2
|
29.5B EUR | 10.4 | 10.5 | |
| US |
|
Pultegroup Inc
NYSE:PHM
|
24.4B USD | 13.2 | 12 | |
| US |
|
Lennar Corp
NYSE:LEN
|
23.2B USD | 345.8 | 13 | |
| US |
|
NVR Inc
NYSE:NVR
|
18.1B USD | 15.4 | 14.6 | |
| US |
|
Toll Brothers Inc
NYSE:TOL
|
13.9B USD | 10 | 10.1 | |
| JP |
|
Sekisui House Ltd
TSE:1928
|
2.2T JPY | 15.9 | 9.5 | |
| US |
|
TopBuild Corp
NYSE:BLD
|
12.7B USD | 20.2 | 24.2 | |
| UK |
|
Barratt Developments P L C
LSE:BDEV
|
6.8B GBP | 31.7 | 31.3 | |
| US |
|
Installed Building Products Inc
NYSE:IBP
|
8.2B USD | 23.2 | 30.4 |
Market Distribution
| Min | 0 |
| 30th Percentile | 7.9 |
| Median | 12.5 |
| 70th Percentile | 19.2 |
| Max | 331.2 |
Other Multiples
Neinor Homes SA
Glance View
In the burgeoning landscape of Spanish real estate, Neinor Homes SA stands out as a dynamic and pivotal player, navigating the complexities of the property market with precision. Founded in 2015, the company was born from the divestiture of Kutxabank's real estate assets and quickly established itself as a significant developer. The core of Neinor's business model revolves around the strategic acquisition, development, and sale of residential properties, primarily focusing on mid-to-high-end segments. By capitalizing on the growing demand for quality housing, especially in urban areas like Madrid and Barcelona, Neinor Homes ensures a steady stream of revenue. Its ability to identify prime land opportunities and navigate regulatory landscapes underscores its forward-thinking approach, enabling it to launch projects that align with market dynamics and customer preferences. Neinor Homes' success is further propelled by its vertical integration strategy, which covers the entire value chain from land acquisition to project delivery. This comprehensive approach not only optimizes cost structures and timelines but also ensures quality control across all phases of development. To maintain a competitive edge, Neinor leans heavily on data-driven decision-making, allowing it to anticipate trends and mitigate risks effectively. Its financial strength is underpinned by robust balance sheet management, enabling judicious investment in land and development while safeguarding it against market volatility. In a sector often characterized by boom-and-bust cycles, Neinor's strategic agility and commitment to sustainable growth have positioned it as a stalwart in Spain’s residential real estate market, making it a compelling case study in modern property development.