Who are Metrovacesa's main competitors?

Named competitors: Neinor Homes (HOME.MC), AEDAS Homes (AEDAS.MC), Via Celere (private) (private or unlisted), Aedas Homes peers (private or unlisted). The cockpit's measured peer set (industry) also includes Argan (ARG.PA), Zhaojin International Gold (000506.SZ), Entra (ENTRA.OL), China Enterprise (600675.SS), Brigade Enterprises (BRIGADE.NS), Poly Property Services (6049.HK).

Is Metrovacesa expensive compared with its peers?

On forward p/e it trades at 26.4× against a peer median of 13.6×, 2nd most expensive of 18 in its peer set.

How has Metrovacesa stock performed?

Over six months to 6 Nov 2026 the shares returned -4.6% against -4.7% for the median peer; over one year -1.3%.

← CockpitCompetitor Analysis › MVC.MC Metrovacesa SAOpen in the cockpit ↗

Metrovacesa SAMVC.MCCompetitor analysis, valuation and peers

Spain · EUR·Real Estate›Real Estate Development

Spanish residential real estate developer building and selling new homes, with a large land bank across Spain.

≈ A Spanish homebuilder like a smaller Lennar/D.R. HortonMomentum strong 70

Competitor Analysis ▸ Charts Open in the cockpit

Mkt cap

$1.95B

US dollars, full cap

Free float

of shares outstanding

$/day

$2.17M

20-day average traded

Fwd P/E

26.4×

forward earnings

ROIC−WACC

n/a

WACC 7.6%

Hurdle

n/a

no reverse DCF

Next earnings

111 days

25 Feb 2027

Close · EUR€11.50

1D+0.7%

1W+6.1%

1M+9.3%

3M+6.9%

6M-4.6%

YTD+22.9%

1Y-1.3%

ATR %2.1%

52w lowhigh14.8% off high

What Metrovacesa does

Spanish residential real estate developer building and selling new homes, with a large land bank across Spain.

Sells homes mainly off-plan, before they are built, with buyers paying deposits during construction and the balance on handover, so sales lead revenue by a year or more. Its land came from bank shareholders, mainly Santander and BBVA, and the task is to turn it into housing.

In one line: A Spanish homebuilder like a smaller Lennar/D.R. Horton.

Products and services

New-build residential units
Land bank management
Build-to-rent projects

Customers

Homebuyers
Institutional build-to-rent investors

Where it sits in the supply chain

Real Estate
Homebuilding
Residential development

What could go right

Spanish housing demand recovery
Land bank monetization

What could go wrong

Interest-rate sensitivity of housing demand
Construction cost inflation

Moat: none (scale, installed base). Large land bank is an asset advantage, but homebuilding margins are cyclical and competitive.

Headquarters: Madrid, Spain · Founded: 1918 · Employees: 191

Named competitors

Neinor Homes HOME.MC
AEDAS Homes AEDAS.MC
Via Celere (private) private or unlisted
Aedas Homes peers private or unlisted

Metrovacesa at a glance

Size Metrovacesa (MVC.MC) is a Spain Real Estate company (Real Estate Development) with a market value of $1.95B, the 52nd largest of 97 Spain companies the cockpit tracks. Shares closed at €11.50 on 6 Nov 2026.

Performance Over six months the shares fell 4.6%, against -4.7% for the median peer and +8.2% for the Spain market (cap-weighted) — 11th highest of 21 in its peer set.

Growth Revenue grew 57.9% over the last twelve months (peer median +4.4%); the operating margin is 13.2% (peer median 25.0%).

Valuation It trades at 26.4× forward earnings against a peer median of 13.6× (2nd most expensive of 18).

Next results Next results expected around 25 Feb 2027 (exchange calendar; dates can move).

Relative performance

Six months, rebased to 100: Metrovacesa against the median of its 20 peers (local-currency closes).

Metrovacesa financials

Reported figures in EUR; fiscal year ends 2025-12-31. TTM = trailing twelve months.
	TTM	FY2025	FY2024	FY2023	FY2022
Revenue	€892M	€708M	€657M	€586M	€519M
Revenue growth	—	+8%	+12%	+13%	—
Gross profit	€211M	€164M	€109M	€106M	€73.4M
EBITDA	n/a	€82.1M	€44.9M	€12.3M	-€1.31M
Net income	€90.2M	€56.9M	€15.9M	-€20.8M	-€23.5M
Free cash flow	€430M	€217M	€95.0M	€30.8M	€211M
Capital expenditure	€147,000	€179,000	€0	€1.46M	€0
Total debt	n/a	€369M	€394M	€438M	€348M

Quarterly statements and history in the cockpit →

Metrovacesa 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

Up and to the right = strong over both horizons. Metrovacesa is the large dot.

Fundamentals: revenue growth against valuation

Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Metrovacesa is the large dot.

Metrovacesa competitors and peer comparison

Head to head with its named competitors (MVC.MC vs HOME.MC vs AEDAS.MC)
Company	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g
Metrovacesa MVC.MC	$1.95B	-5%	+58%	13%	26.4×	n/a
Neinor Homes HOME.MC	$2.04B	+10%	+165%	10%	13.0×	n/a
AEDAS Homes AEDAS.MC	$1.10B	+1%	-25%	10%	9.1×	n/a

How Metrovacesa 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.

Metrovacesa against its 20 peers (data as of 6 Nov 2026)
Measure	MVC.MC	Peer median	Rank in peer set
1-month return	+9.3%	+1.2%	5th highest of 21
6-month return	-4.6%	-4.7%	11th highest of 21
Distance from 52-week high	-14.8%	-19.5%	8th highest of 21
Revenue growth (TTM)	+57.9%	+4.4%	2nd highest of 21
Operating margin	13.2%	25.0%	9th lowest of 21
Forward P/E	26.4×	13.6×	2nd most expensive of 18

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
Company	Market	Market cap	6M return	Revenue growth	Op. margin	Forward P/E	Req g	Delivered g
Metrovacesa MVC.MC	Spain	$1.95B	-5%	+58%	13%	26.4×	n/a	n/a
Argan ARG.PA	France	$1.95B	+14%	+5%	78%	11.2×	n/a	n/a
Zhaojin International Gold 000506.SZ	China	$1.95B	-13%	+42%	27%	n/a	n/a	n/a
Entra ENTRA.OL	Norway	$1.95B	-4%	-9%	82%	15.2×	n/a	n/a
China Enterprise 600675.SS	China	$1.98B	-15%	-35%	4%	n/a	n/a	n/a
Brigade Enterprises BRIGADE.NS	India	$1.93B	-4%	-4%	23%	20.0×	n/a	n/a
Poly Property Services 6049.HK	Hong Kong	$1.92B	-14%	+8%	11%	7.9×	n/a	n/a
Leopalace21 8848.T	Japan	$1.99B	+52%	+3%	8%	13.0×	n/a	n/a
Nanjing Gaoke 600064.SS	China	$2.00B	-4%	+4%	-18%	5.8×	n/a	n/a
Fabege FABG.ST	Sweden	$2.02B	-16%	+27%	59%	14.7×	n/a	n/a
Shanghai Industrial 0363.HK	Hong Kong	$1.89B	-14%	-28%	15%	7.1×	n/a	n/a
Inmocemento IMC.MC	Spain	$1.88B	-4%	+10%	29%	n/a	n/a	n/a
Neinor Homes HOME.MC	Spain	$2.04B	+10%	+165%	10%	13.0×	n/a	n/a
Altarea SCA ALTA.PA	France	$2.05B	-31%	-20%	9%	9.9×	n/a	n/a
Grainger GRI.L	United Kingdom	$1.83B	+19%	-23%	49%	19.8×	n/a	n/a
Intershop ISN.SW	Switzerland	$1.82B	-9%	+5%	79%	18.5×	n/a	n/a
Winnovation Culturaltainment Development Limited 000620.SZ	China	$2.12B	-6%	+14%	-39%	66.0×	n/a	n/a
Country Garden Services 6098.HK	Hong Kong	$2.13B	-21%	+11%	4%	7.0×	n/a	n/a
Hufvudstaden HUFV-A.ST	Sweden	$2.14B	-5%	-4%	47%	20.9×	n/a	n/a
Sirius Real Estate SRE.L	United Kingdom	$2.14B	+1%	+13%	41%	13.6×	n/a	n/a
Lumo Homes LUMO.HE	Finland	$2.14B	-3%	+1%	59%	15.8×	n/a	n/a

Questions

Who are Metrovacesa's main competitors?: Named competitors: Neinor Homes (HOME.MC), AEDAS Homes (AEDAS.MC), Via Celere (private) (private or unlisted), Aedas Homes peers (private or unlisted). The cockpit's measured peer set (industry) also includes Argan (ARG.PA), Zhaojin International Gold (000506.SZ), Entra (ENTRA.OL), China Enterprise (600675.SS), Brigade Enterprises (BRIGADE.NS), Poly Property Services (6049.HK).
Is Metrovacesa expensive compared with its peers?: On forward p/e it trades at 26.4× against a peer median of 13.6×, 2nd most expensive of 18 in its peer set.
How has Metrovacesa stock performed?: Over six months to 6 Nov 2026 the shares returned -4.6% against -4.7% for the median peer; over one year -1.3%.