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← CockpitCompetitor Analysis › IMC.MC Inmocemento SAOpen in the cockpit ↗

Inmocemento SAIMC.MCCompetitor analysis, valuation and peers

Spain · EUR·Real Estate›Real Estate Development

Spanish holding spun off from FCC in 2024, combining property (rental, homebuilding, land) and cement; part of Carlos Slim's group.

≈ A hybrid homebuilder-plus-cement-maker holding companyMomentum weak 35
Mkt cap
$1.88B
US dollars, full cap
Free float
12%
of shares outstanding
$/day
$40,866
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
n/a
WACC 7.1%
Hurdle
n/a
no reverse DCF
Close · EUR€3.68
1D+2.2%
1W+3.7%
1M-0.8%
3M-4.4%
6M-4.4%
YTD+2.5%
1Y+7.6%
ATR %2.9%
52w lowhigh20.5% off high

What Inmocemento does

Spanish holding spun off from FCC in 2024, combining property (rental, homebuilding, land) and cement; part of Carlos Slim's group.

Earns from two lines it inherited when FCC split them out in 2024: property, meaning rental assets, home development and a large land bank, and cement made by Cementos Portland Valderrivas. Its US cement stake, Giant Cement, was agreed for sale in late 2024. Carlos Slim's group controls it through FCC.

In one line: A hybrid homebuilder-plus-cement-maker holding company.

Products and services

  • Property: rental assets, development and land bank
  • Cement manufacturing and sales (Cementos Portland Valderriva

Customers

  • Homebuyers
  • Institutional real estate investors
  • Construction industry

Where it sits in the supply chain

  • Real Estate
  • Diversified property and building…
  • Property development, rental assets and…

What could go right

  • Spanish housing demand and land-bank conversion
  • Cement demand from Spanish construction

What could go wrong

  • Construction-cycle sensitivity
  • Complexity of a newly spun-off, mixed-business structure

Moat: none (scale). A holding company combining two unrelated, competitive, capital-intensive businesses with no shared moat.

Headquarters: Madrid, Spain · Founded: 2024 · Employees: 1,486

Named competitors

Inmocemento at a glance

Size Inmocemento (IMC.MC) is a Spain Real Estate company (Real Estate Development) with a market value of $1.88B, the 53rd largest of 97 Spain companies the cockpit tracks. Shares closed at €3.68 on 6 Nov 2026.

Performance Over six months the shares fell 4.4%, against -8.9% for the median peer and +8.2% for the Spain market (cap-weighted) — 8th highest of 20 in its peer set.

Growth Revenue grew 10.0% over the last twelve months (peer median +3.3%); the operating margin is 28.5% (peer median 14.1%).

Relative performance

9010011 May 202611 Aug 20266 Nov 2026IMC.MC 96Peer median 90
Six months, rebased to 100: Inmocemento against the median of its 20 peers (local-currency closes).

Inmocemento financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024
Revenue€1.04B€967M€944M
Revenue growth—+2%—
Gross profit€458M€441M€889M
EBITDA€330M€319M€313M
Net income€265M€347M€152M
Free cash flow€328M€265M€249M
Capital expenditure€52.6M€46.8M€51.3M
Total debtn/a€741M€1.04B

Quarterly statements and history in the cockpit →

Inmocemento competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%-25%0%+25%+50%-20%0%0363GRI6049BRIGADEISNENTRA000506ARGMVC60067588480817600064601512F173900HOMEIMC.MC6-month return →1-month return →
Up and to the right = strong over both horizons. Inmocemento is the large dot.

Inmocemento competitors and peer comparison

Head to head with its named competitors (IMC.MC vs MVC.MC vs HOME.MC vs CMO.MC)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Inmocemento IMC.MC$1.88B-4%+10%29%n/an/a
Metrovacesa MVC.MC$1.95B-5%+58%13%n/an/a
Neinor Homes HOME.MC$2.04B+10%+165%10%n/an/a
Cementos Molins CMO.MC$2.70Bn/a+14%12%3.2×8.9%
Vicat VCT.PA$3.29B+6%+5%11%1.1×0.2%

How Inmocemento compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Inmocemento against its 20 peers (data as of 6 Nov 2026)
MeasureIMC.MCPeer medianRank in peer set
1-month return-0.8%+1.0%9th lowest of 21
6-month return-4.4%-8.9%8th highest of 20
Distance from 52-week high-20.5%-17.3%10th lowest of 21
Revenue growth (TTM)+10.0%+3.3%6th highest of 20
Operating margin28.5%14.1%7th highest of 21

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Inmocemento IMC.MCSpain$1.88B-4%+10%29%n/an/an/a
Shanghai Industrial 0363.HKHong Kong$1.89B-14%-28%15%n/an/an/a
Grainger GRI.LUnited Kingdom$1.83B+19%-23%49%n/an/an/a
Poly Property Services 6049.HKHong Kong$1.92B-14%+8%11%n/an/an/a
Brigade Enterprises BRIGADE.NSIndia$1.93B-4%-4%23%n/an/an/a
Intershop ISN.SWSwitzerland$1.82B-9%+5%79%n/an/an/a
Entra ENTRA.OLNorway$1.95B-4%-9%82%n/an/an/a
Zhaojin International Gold 000506.SZChina$1.95B-13%+42%27%n/an/an/a
Argan ARG.PAFrance$1.95B+14%+5%78%n/an/an/a
Metrovacesa MVC.MCSpain$1.95B-5%+58%13%n/an/an/a
China Enterprise 600675.SSChina$1.98B-15%-35%4%n/an/an/a
PPI Public Property Invest PUBLI.STSweden$1.78Bn/an/a70%n/an/an/a
Leopalace21 8848.TJapan$1.99B+52%+3%8%n/an/an/a
China Jinmao 0817.HKHong Kong$1.77B-45%-8%5%n/an/an/a
Nanjing Gaoke 600064.SSChina$2.00B-4%+4%-18%n/an/an/a
China-Singapore Suzhou Industrial Park Development 601512.SSChina$1.75B-23%-32%22%n/an/an/a
GuocoLand F17.SISingapore$1.75B-16%-24%7%n/an/an/a
Greentown China 3900.HKHong Kong$1.74B-48%+1%3%n/an/an/a
Fabege FABG.STSweden$2.02B-16%+27%59%n/an/an/a
Greentown Service 2869.HKHong Kong$1.74B-9%+13%7%n/an/an/a
Neinor Homes HOME.MCSpain$2.04B+10%+165%10%n/an/an/a

Questions

Who are Inmocemento's main competitors?
Named competitors: Metrovacesa (MVC.MC), Neinor Homes (HOME.MC), Cementos Molins (CMO.MC), Vicat (VCT.PA). The cockpit's measured peer set (industry) also includes Shanghai Industrial (0363.HK), Grainger (GRI.L), Poly Property Services (6049.HK), Brigade Enterprises (BRIGADE.NS), Intershop (ISN.SW), Entra (ENTRA.OL).
How has Inmocemento stock performed?
Over six months to 6 Nov 2026 the shares returned -4.4% against -8.9% for the median peer; over one year +7.6%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.