Compania Espanola de Viviendas en Alquiler, S.A.

Compania Espanola de Viviendas en Alquiler, S.A.

BBME:CEV
8.40
EUR
0.00
(0.00%)
187.62MMarket Cap
Mar 30Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.61
0.62
0.69
0.59
0.63
0.68
0.73
0.73
0.75
1.4
0.84
1.62
1.35
- -
Basic EPS, GAAP
0.13
0.97
0.24
1.09
0.63
1.94
0.95
0.4
1.06
1.24
0.47
1.02
1.28
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.06
0.06
0.15
0.13
0.15
0.18
0.2
0.2
0.2
0.2
0.25
0.22
0.23
- -
Book Value per Share
3.59
4.53
4.62
11.42
11.89
13.65
14.37
14.56
15.44
16.57
16.76
17.55
18.59
18.59
Tangible Book Value per Share
3.54
4.47
4.56
11.36
11.85
13.61
14.33
14.52
15.39
16.52
16.72
17.49
18.53
18.53
Basic Weighted Avg Shares
23
23
23
23
23
23
23
23
23
23
23
23
23
23
Sales/Revenue/Turnover
14
14
16
14
15
16
17
17
17
32
19
38
31
- -
Operating Margin (%)
23.95
40.29
55.58
79.11
97.31
76.12
77.49
74.93
82.12
68.47
76.58
90.28
103.65
- -
Depreciation Expense
2
2
2
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
3
23
6
25
15
45
22
9
25
29
11
24
30
- -
Effective Tax Rate (%)
- -
21.03
3.92
23.4
5.15
21.84
19.11
13.23
16.94
20.97
15.03
20.94
- -
- -
Profit Margin (%)
21.3
155.92
34.55
186.05
99.65
284.2
130.54
54.62
141.66
88.85
56.23
62.8
94.64
- -
Working Capital
3
39
20
35
22
19
18
19
17
27
31
23
17
17
LT Debt
45
89
71
66
71
67
62
59
60
55
53
75
67
67
Total Equity
83
109
112
272
283
325
343
348
369
396
402
421
446
446
Return on Invested Capital (%)
- -
2.49
4.09
10.66
4.78
12.67
5.95
2.61
2.7
3.81
2.72
5.57
- -
- -
Return on Capital (%)
- -
14.32
3.82
9.65
4.32
11.84
5.56
2.4
5.7
6.28
2.56
5.17
- -
- -
Return on Common Equity (%)
3.66
23.95
5.25
13.63
5.39
15.22
6.78
2.76
7.06
7.75
2.83
5.95
7.08
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
ST Debt
11
10
15
LT Borrowings
75
71
67
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
164
171
188

Working Capital

EUR

•

in mil. unless spec.
Dec'24
Jun'25
Dec'25
Total Current Assets
40
40
36
Cash, Cash Equivalents & STI
13
17
10
Accounts Receivable, Net
- -
- -
- -
Inventories
25
20
25
Total Current Liabilities
17
23
20
Payables & Accruals
- -
- -
- -
ST Debt
11
10
15
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.49%
5.14%
5.98%
Free Cash Flow
- -
- -
- -
Net Income, GAAP
67.51%
52.39%
25.41%
Sales/Revenue/Turnover
13.33%
25.21%
-16.78%
Total Cash Common Dividend
- -
- -
4.57%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
19
2024
- -
- -
38
2025
- -
- -
31

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.47
2024
- -
- -
1.02
2025
- -
- -
1.28

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.25
2024
- -
- -
0.22
2025
- -
- -
0.23

Company Description

CEO
Donato Muñoz Montes
Full Time Employees
80
Sector
Finance
Industry
Real estate development
Address
Barcelona Spain
IPO Date
Nov 11, 1997
Website
cevasa.com
Business
Compania Espanola de Viviendas en Alquiler, S.A. (CEVASA) is a Spain-based real estate investment and property management company primarily engaged in the development, acquisition, leasing, and comprehensive management of residential and commercial properties. Founded in 1968 and headquartered in Madrid, Spain, the company operates across the real estate sector with a specialized focus on the long-term residential rental market. CEVASA structures its core portfolio and operational offerings across several key asset categories and service lines: residential leasing, encompassing multi-family apartment buildings, primary residences, single-family dwellings, and affordable housing units; commercial real estate leasing, comprising ground-floor retail premises, commercial units, and corporate office spaces; ancillary property management, including dedicated residential and commercial vehicular parking spaces as well as private storage facilities; land and urban development, involving the acquisition, entitlement, and management of urban and developable land plots for future residential projects; and comprehensive asset management services, providing in-house tenant administration, property maintenance, structural refurbishment, and property sales. The company primarily targets individual and family residential tenants, retail operators, and commercial businesses seeking long-term lease agreements across urban and suburban markets in Spain, maintaining significant property concentrations in the Community of Madrid, Catalonia, and the Valencian Community. CEVASA oversees the end-to-end asset lifecycle through fully owned real estate assets and dedicated property management subsidiaries, handling tenant acquisition, lease administration, rent collection, regulatory compliance, and periodic structural renovations. In recent developments, CEVASA has accelerated strategic initiatives aimed at modernizing its residential rental portfolio and optimizing operational efficiency. Over the past two years, the company has undertaken extensive energy efficiency retrofitting and decarbonization programs across its mature multi-family housing stock, integrating sustainable insulation, energy-efficient heating systems, and smart utility meters to enhance asset value and comply with European Union ESG benchmarks. CEVASA has also executed portfolio rationalization programs, selectively divesting non-core commercial assets and non-strategic land holdings while reinvesting capital into high-demand residential rental properties and build-to-rent initiatives. In response to evolving Spanish housing regulatory frameworks, the company has updated its leasing policies, enhanced digital tenant services through automated management portals, and renegotiated key credit facilities to secure favorable long-term financing terms amid shifting macroeconomic conditions.