Aedas Homes SA (MAD:AEDAS)

Watchlist Manager

Watchlist

Price: 24.4 EUR

Market Cap: 1.1B EUR

Have any thoughts about
Aedas Homes SA?

Write Note

Section:

Relative Value

The Relative Value of one AEDAS stock under the Base Case scenario is 47.55 EUR. Compared to the current market price of 24.4 EUR, Aedas Homes SA is Undervalued by 49%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

What is Relative Valuation?

How is Relative Value calculated?

AEDAS Relative Value

Base Case

Worst Case

Base Case

Best Case

Valuation Multiples

0.9

P/S

vs History	61
vs Industry	75

Median 5Y

Industry

3.6

Forward

More Details

8.1

P/E

vs History	60
vs Industry	41

Median 5Y

Industry

16.7

Forward

More Details

3.6

P/OCF

vs History	19
vs Industry	57

Median 5Y

-9.3

Industry

10.9

More Details

4.9

P/FCFE

vs History	55
vs Industry	44

Median 5Y

6.7

Industry

13.3

More Details

1.2

P/B

vs History	3
vs Industry	33

Median 5Y

0.8

Industry

0.8

More Details

1.2

EV/S

vs History	74
vs Industry	79

Median 5Y

1.3

Industry

6.6

Forward

1.4

More Details

5.8

EV/GP

vs History	20
vs Industry	70

Median 5Y

5.1

Industry

11.9

More Details

7.8

EV/EBITDA

vs History	33
vs Industry	62

Median 5Y

7.3

Industry

15.8

Forward

8.7

More Details

EV/EBIT

vs History	33
vs Industry	61

Median 5Y

7.5

Industry

Forward

More Details

4.9

EV/OCF

vs History	14
vs Industry	61

Median 5Y

-8.8

Industry

18.5

More Details

4.9

EV/FCFF

vs History	14
vs Industry	51

Median 5Y

-8.8

Industry

20.1

More Details

0.8

EV/IC

vs History	4
vs Industry	43

Median 5Y

0.6

Industry

0.7

More Details

Multiples Across Competitors

All Multiples

P/S

P/E

EV/EBITDA

EV/EBIT

Forward Multiples

		Market Cap	P/S	P/E	EV/EBITDA	EV/EBIT
ES	Aedas Homes SA MAD:AEDAS	1.1B EUR	0.9	8.1	7.8	8
HK	China Resources Land Ltd HKEX:1109	160.8B HKD	0.6	5.4	4.2	4.2
HK	China Overseas Land & Investment Ltd HKEX:688	134.8B HKD	0.6	5.6	7.4	7.4
IN	Macrotech Developers Ltd NSE:LODHA	1.4T INR	11.6	69.6	42.4	46.3
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	109.5B CNY	0.3	16.4	17.7	17.7
HK	Henderson Land Development Co Ltd HKEX:12	112.1B HKD	3.9	17.3	24.9	24.9
HK	CK Asset Holdings Ltd HKEX:1113	109.2B HKD	2.4	7	10.6	10.6
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	96.8B CNY	0.5	25.3	38.2	38.2
CN	China Vanke Co Ltd SZSE:000002	90.9B CNY	0.2	-4.7	-38.8	-38.8
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	818.2B INR	16.1	35.4	27.8	28.4
IN	Godrej Properties Ltd NSE:GODREJPROP	807.5B INR	22.4	58.1	-6 483.6	-1 006.5

			Revenue Growth	P/S to Growth
ES	Aedas Homes SA MAD:AEDAS	Average P/S: 5.4 0.9	-11%	N/A
HK	China Resources Land Ltd HKEX:1109	0.6	10%	0.1
HK	China Overseas Land & Investment Ltd HKEX:688	0.6	5%	0.1
IN	Macrotech Developers Ltd NSE:LODHA	11.6	103%	0.1
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	0.3	-3%	N/A
HK	Henderson Land Development Co Ltd HKEX:12	3.9	17%	0.2
HK	CK Asset Holdings Ltd HKEX:1113	2.4	47%	0.1
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	0.5	7%	0.1
CN	China Vanke Co Ltd SZSE:000002	0.2	-35%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	16.1	102%	0.2
IN	Godrej Properties Ltd NSE:GODREJPROP	22.4	222%	0.1

			Earnings Growth	P/E to Growth
ES	Aedas Homes SA MAD:AEDAS	Average P/E: 24.8 8.1	1%	11.3
HK	China Resources Land Ltd HKEX:1109	5.4	-7%	N/A
HK	China Overseas Land & Investment Ltd HKEX:688	5.6	-7%	N/A
IN	Macrotech Developers Ltd NSE:LODHA	69.6	171%	0.4
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	16.4	3%	5.6
HK	Henderson Land Development Co Ltd HKEX:12	17.3	33%	0.5
HK	CK Asset Holdings Ltd HKEX:1113	7	-6%	N/A
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	25.3	23%	1.1
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -4.7	-64%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	35.4	92%	0.4
IN	Godrej Properties Ltd NSE:GODREJPROP	58.1	256%	0.2

			EBITDA Growth	EV/EBITDA to Growth
ES	Aedas Homes SA MAD:AEDAS	Average EV/EBITDA: 20.1 7.8	-2%	N/A
HK	China Resources Land Ltd HKEX:1109	4.2	11%	0.4
HK	China Overseas Land & Investment Ltd HKEX:688	7.4	1%	9.6
IN	Macrotech Developers Ltd NSE:LODHA	42.4	110%	0.4
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	17.7	12%	1.5
HK	Henderson Land Development Co Ltd HKEX:12	24.9	15%	1.7
HK	CK Asset Holdings Ltd HKEX:1113	10.6	52%	0.2
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	38.2	64%	0.6
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -38.8	-41%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	27.8	102%	0.3
IN	Godrej Properties Ltd NSE:GODREJPROP	Negative Multiple: -6 483.6	N/A	N/A

			EBIT Growth	EV/EBIT to Growth
ES	Aedas Homes SA MAD:AEDAS	Average EV/EBIT: 20.6 8	-2%	N/A
HK	China Resources Land Ltd HKEX:1109	4.2	5%	0.9
HK	China Overseas Land & Investment Ltd HKEX:688	7.4	0%	28.6
IN	Macrotech Developers Ltd NSE:LODHA	46.3	119%	0.4
CN	Poly Developments and Holdings Group Co Ltd SSE:600048	17.7	-3%	N/A
HK	Henderson Land Development Co Ltd HKEX:12	24.9	1%	39.6
HK	CK Asset Holdings Ltd HKEX:1113	10.6	41%	0.3
CN	China Merchants Shekou Industrial Zone Holdings Co Ltd SZSE:001979	38.2	15%	2.6
CN	China Vanke Co Ltd SZSE:000002	Negative Multiple: -38.8	-51%	N/A
IN	Oberoi Realty Ltd NSE:OBEROIRLTY	28.4	101%	0.3
IN	Godrej Properties Ltd NSE:GODREJPROP	Negative Multiple: -1 006.5	N/A	N/A

US	Johnson & Johnson NYSE:JNJ	Pharmaceuticals
US	Berkshire Hathaway Inc NYSE:BRK.A	Financial Services
US	Bank of America Corp NYSE:BAC	Banking
US	Mastercard Inc NYSE:MA	Technology
US	UnitedHealth Group Inc NYSE:UNH	Health Care
US	Exxon Mobil Corp NYSE:XOM	Energy
US	Pfizer Inc NYSE:PFE	Pharmaceuticals
US	Palantir Technologies Inc NYSE:PLTR	Technology
US	Nike Inc NYSE:NKE	Textiles, Apparel & Luxury Goods
US	Visa Inc NYSE:V	Technology
CN	Alibaba Group Holding Ltd NYSE:BABA	Retail
US	3M Co NYSE:MMM	Industrial Conglomerates
US	JPMorgan Chase & Co NYSE:JPM	Banking
US	Coca-Cola Co NYSE:KO	Beverages
US	Walmart Inc NYSE:WMT	Retail
US	Verizon Communications Inc NYSE:VZ	Telecommunication

	Johnson & Johnson NYSE:JNJ	US
	Berkshire Hathaway Inc NYSE:BRK.A	US
	Bank of America Corp NYSE:BAC	US
	Mastercard Inc NYSE:MA	US
	UnitedHealth Group Inc NYSE:UNH	US
	Exxon Mobil Corp NYSE:XOM	US
	Pfizer Inc NYSE:PFE	US
	Palantir Technologies Inc NYSE:PLTR	US
	Nike Inc NYSE:NKE	US
	Visa Inc NYSE:V	US
	Alibaba Group Holding Ltd NYSE:BABA	CN
	3M Co NYSE:MMM	US
	JPMorgan Chase & Co NYSE:JPM	US
	Coca-Cola Co NYSE:KO	US
	Walmart Inc NYSE:WMT	US
	Verizon Communications Inc NYSE:VZ	US

	Franklin Covey Co NYSE:FC	36.41 USD -1.03%
	Mohawk Industries Inc NYSE:MHK	119.16 USD 2%
	Ardmore Shipping Corp NYSE:ASC	11.31 USD 0.18%
	ASGN Inc NYSE:ASGN	83.87 USD -0.97%
	Skyworks Solutions Inc NASDAQ:SWKS	88.75 USD 0.56%
	Weatherford International PLC NASDAQ:WFRD	67.1 USD -2.13%

	Johnson & Johnson NYSE:JNJ	144.47 USD 0.62%
	Bank of America Corp NYSE:BAC	44.17 USD 1.82%
	Mastercard Inc NYSE:MA	528.03 USD 0.91%
	Salesforce Inc NYSE:CRM	343.65 USD 2.21%
	Abbvie Inc NYSE:ABBV	175.58 USD 2.37%
	Home Depot Inc NYSE:HD	392.6 USD 1.97%

	Arista Networks Inc NYSE:ANET	112.81 USD 3.43%
	Visa Inc NYSE:V	317.71 USD 0.9%
	Texas Pacific Land Corp NYSE:TPL	1 133.12 USD 3.36%
	KLA Corp NASDAQ:KLAC	629.37 USD 1.16%
	Manhattan Associates Inc NASDAQ:MANH	280.26 USD -0.81%
	Pinduoduo Inc NASDAQ:PDD	99.51 USD -1.48%

Aedas Homes SA
MAD:AEDAS

Relative Value

Valuation Multiples

Multiples Across Competitors

AEDAS Competitors Multiples
Aedas Homes SA Competitors

See Also

Company

Help

Tools

Stocks

	Salesforce Inc NYSE:CRM	343.65 USD 2.21%
	Accenture PLC NYSE:ACN	366.37 USD -1.56%
	ServiceNow Inc NYSE:NOW	1 091.25 USD 1.52%
	EOG Resources Inc NYSE:EOG	119.04 USD 0.69%
	Copart Inc NASDAQ:CPRT	58.22 USD -0.39%
	Applied Materials Inc NASDAQ:AMAT	163.59 USD 1.33%

52 Week Range	17.24 27
Price Target

Aedas Homes SA MAD:AEDAS

Relative Value

Valuation Multiples

Multiples Across Competitors

AEDAS Competitors Multiples Aedas Homes SA Competitors

See Also

Company

Help

Tools

Stocks

Aedas Homes SA
MAD:AEDAS

AEDAS Competitors Multiples
Aedas Homes SA Competitors