Metrovacesa SA

Metrovacesa SA

10.78
EUR
+0.32
(+3.06%)
1.22BMarket Cap
Feb 25Next Earn
2011 Y
2012 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
0.25
0.05
0.01
0.01
0.19
0.57
1.07
0.96
3.37
3.43
3.87
4.31
4.67
- -
Basic EPS, GAAP
-0.15
-0.07
0.02
-0.01
-0.26
-0.03
-0.03
-1.08
0.12
-0.16
-0.14
0.1
0.38
- -
Free Cash Flow per Basic Share
0.04
0.02
-0.02
0.01
-0.18
0.1
-0.19
-0.52
0.91
1.4
0.2
0.63
1.43
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
0.33
- -
0.8
1.52
0.66
0.69
1.58
- -
Book Value per Share
1.85
1.54
0.33
0.32
15.8
15.81
15.46
14.39
13.73
11.92
11.12
10.54
9.33
11.12
Tangible Book Value per Share
1.82
1.52
0.33
0.32
15.8
15.81
15.46
14.39
13.73
11.92
11.12
10.53
9.33
11.12
Basic Weighted Avg Shares
988
3,971
3,971
3,075
152
334
151
151
151
151
151
152
152
151
Sales/Revenue/Turnover
248
208
36
21
28
190
162
146
511
519
586
654
708
- -
Operating Margin (%)
31.01
54.49
-76.31
-133.53
-264.86
-0.69
-5.12
-89.27
6.41
-1.52
1.55
7.37
11.42
- -
Depreciation Expense
4
3
- -
- -
- -
- -
- -
6
-5
7
3
-3
1
- -
Net Income, GAAP
-145
-269
64
-21
-39
-9
-4
-164
18
-23
-21
16
57
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
2,188.07
- -
- -
22.19
- -
- -
35.07
21.61
- -
Profit Margin (%)
-58.26
-129.63
177.99
-97.69
-138.03
-4.78
-2.78
-111.91
3.61
-4.52
-3.55
2.43
8.03
- -
Working Capital
763
849
723
824
1,878
1,910
1,881
1,967
1,837
1,724
1,582
1,519
1,353
1,582
LT Debt
4,860
5,053
- -
1
- -
68
95
217
287
273
234
248
254
234
Total Equity
1,867
1,551
1,019
999
2,397
2,393
2,341
2,180
2,080
1,806
1,685
1,597
1,414
1,685
Return on Invested Capital (%)
- -
- -
- -
- -
- -
-5.96
- -
- -
1.15
- -
- -
1.59
3.63
- -
Return on Capital (%)
- -
- -
- -
- -
- -
-7.26
- -
- -
1.2
- -
- -
1.72
3.89
- -
Return on Common Equity (%)
-11.27
-16.11
5.06
-2.03
-2.29
-0.38
-0.19
-7.23
0.87
-1.21
-1.19
0.97
3.78
- -

Capital Structure

EUR

•

in mil. unless spec.
Mar'23
Jun'23
Dec'23
ST Debt
125
159
205
LT Borrowings
264
286
234
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
151
151
152
Market Capitalization
1,090
1,085
1,224

Working Capital

EUR

•

in mil. unless spec.
Mar'23
Jun'23
Dec'23
Total Current Assets
2,136
2,158
2,137
Cash, Cash Equivalents & STI
197
114
125
Accounts Receivable, Net
- -
5
37
Inventories
1,889
1,916
1,824
Total Current Liabilities
423
528
555
Payables & Accruals
- -
- -
- -
ST Debt
125
159
205
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.76%
-8.22%
-11.44%
Free Cash Flow
-57.26%
5.99%
128.64%
Net Income, GAAP
310.1%
-53.59%
257.94%
Sales/Revenue/Turnover
82.72%
56.8%
8.37%
Total Cash Common Dividend
- -
- -
128.98%

Semi-annual Revenue

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
586
2024
- -
- -
654
2025
- -
- -
708

Semi-annual Earnings Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
-0.14
2024
- -
- -
0.1
2025
- -
- -
0.38

Semi-annual Dividends Per Share

EUR

•

in mil. unless spec.

Year

H1
H2
FY
2023
- -
- -
0.66
2024
- -
- -
0.69
2025
- -
- -
1.58

Company Description

CEO
Jorge Pérez de Leza Eguiguren
Full Time Employees
191
Sector
Finance
Industry
Real estate development
Address
Puerto de Somport, 21-23 Madrid MA Spain 28050
IPO Date
Feb 5, 2018
Business
Metrovacesa S.A. is a Spain-based real estate development company specializing in the construction, development, and sale of sustainable residential housing including single-family and multi-family properties, as well as commercial premises and land sales. The company’s core products and services encompass residential property development and sales, real estate promotion, urbanization, parceling of land, and real estate management both for its own portfolio and on behalf of third parties. It holds an extensive asset portfolio with over 6 million square meters of building land across Spain and developed properties in key cities including Madrid, Barcelona, Malaga, Almeria, and Cordoba. Metrovacesa operates primarily in the Spanish market, targeting residential and commercial real estate sectors. Founded in 1918 and headquartered in Madrid, Metrovacesa has recently advanced its land portfolio rotation and optimization strategy, including significant land sales amounting to approximately 69.7 million euros and acquisitions totaling 62.4 million euros in strategic locations during 2024. The company has secured binding private contracts for future land sales worth 98.5 million euros to be realized between 2025 and 2026, reflecting a 140% increase compared to 2023. Metrovacesa has also enhanced its Environmental, Social, and Governance (ESG) strategy for 2025-2027, committing to launching all new developments with AA-level energy certification and energy consumption targets 10% below the Nearly Zero Energy Buildings (NZEB) standard. This includes ongoing improvements in construction process efficiency, circular economy practices, and leadership in sustainable urban development. Furthermore, Metrovacesa formed a recent strategic partnership with Exlabesa to incorporate windows made from 100% post-consumer recycled aluminum in its developments, underlining its commitment to decarbonization and sustainability. The company is listed on the Spanish stock exchange (Ticker: MVC.MC) and employs over 200 people. Its leadership team includes Jorge de Leza Eguiguren as Chief Executive Officer. Metrovacesa’s recent operational focus includes prioritizing pricing over volume to maximize profitability amid favorable market demand conditions in key urban areas such as Madrid, Barcelona, and Valencia. The company continues to deliver a strong pipeline of residential units, with nearly 2,000 homes delivered in 2024 and anticipated continued growth in housing supply and revenue generation. These strategic initiatives reinforce Metrovacesa’s position as a leading real estate developer in Spain’s residential and commercial property markets.