
4.60 EUR (+25.7%)
1 analysts
What does it do?
Inmocemento S.A. is a Spanish building materials company, dedicated to the manufacture and distribution of cement and other products for the construction and civil works sector.
Listed on Bolsa de Madrid (BME) · Symbol IMC.MC · BME: IMC · Currency EUR
Key points
from its scores- ✓Attractive valuation8.7
- ✓Very solid balance sheet8.4
- ✓Good share-price trend7.4
- ✕Unfavourable risk and backdrop2.8
- ✕Weak growth4.4
AI analysis
bottom line, main risk, context and newsHold, given the healthy balance sheet and low valuation, but monitor the evolution of earnings and dividend policy.
Inmocemento has a very solid balance sheet (Net Debt/EBITDA of 0.51) and an attractive valuation (P/E 6.31, FCF yield 13.66%), although the drop in profit (-35.3%) and the nil payout weigh on its appeal. The main risk is governance in Spain, which adds uncertainty to the business.
The governance risk in Spain, which could lead to adverse regulatory or fiscal changes for the building materials sector.
Context and risks
Inmocemento operates in Spain, a country with elevated governance risk according to the assigned profile, which adds regulatory and legal uncertainty to the building materials business. This governance risk is not reflected in the financial metrics and justifies a negative adjustment to the base risk.
Is Inmocemento stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 45% below the Basic Materials median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 6.3 | 19.2 | −67% |
| EV / EBITDA | 7.8 | 10.0 | −22% |
| Price / book | 0.6 | 2.3 | −72% |
| Price / sales | 1.6 | 2.2 | −27% |
Sector: median of the 141 Basic Materials companies analysed. In bold, the multiples used for the comparison.
Valuation score: 8.7 out of 10 (median for Basic Materials: 5.8).
Average analyst target: 4.60 EUR, +25.7% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 8.4 (sector 7.1), Growth 4.4 (sector 6.8).
Classic formulas with standard assumptions (0.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Basic Materials medianValuation
- P/E
- 6.3
- Forward P/E
- 8.9
- EV / EBITDA
- 7.8
- Price / book
- 0.6
- Price / sales
- 1.6
- Market cap
- 1.7B EUR
- Enterprise value
- 2.5B EUR
Profitability
- ROE
- 9.5%
- ROA
- 3.8%
- ROIC (approx.)
- 9.1%
- Gross margin
- 55.1%
- Operating margin
- 29.5%
- Net margin
- 25.6%
- Free cash flow
- 227.2M EUR
- FCF yield
- 13.7%
- Cash conversion
- 70%
Solvency
- Total debt
- 695.7M EUR
- Net debt
- 165.4M EUR
- Cash
- 530.3M EUR
- EBITDA
- 326.5M EUR
- Net debt / EBITDA
- 0.51
- Debt / equity
- 20.63
- Current ratio
- 2.35
- Quick ratio
- 1.04
Growth
- Revenue growth
- +15.6%
- Earnings growth
- −35.3%
- EPS (TTM)
- 0.58 EUR
- EPS (forward)
- 0.41 EUR
Dividend
- Dividend yield
- 4.1%
- Payout
- 0.0%
Risk and market
- Analyst consensus
- none (1)
- Target price
- 4.60 EUR
- 52-week range
- 3.35 – 4.63
Recent news
All IMC.MC news →Compare it with its sector
All 141 in Basic Materials →Frequently asked questions about Inmocemento
Is Inmocemento stock cheap or expensive?
On P/E and EV / EBITDA, it trades 45% below the Basic Materials median on average. Valuation score: 8.7 out of 10 (median for Basic Materials: 5.8). Average analyst target: 4.60 EUR, +25.7% versus the price. This is not investment advice.
What score does Inmocemento get on MeridIAn Screener?
It scores 6.3 out of 10, rank 731 of 2,130 (better than 63% of the companies analysed). Its strongest category is Valuation (8.7) and its weakest, Risk & Context (2.8). Analysis of 08/10/2026.
What is Inmocemento's P/E ratio?
Its P/E is 6.3: the share price equals 6.3 times earnings per share over the last 12 months. The Basic Materials median is 19.2. Based on the earnings analysts expect, the forward P/E is 8.9.
How much is Inmocemento worth on the stock market?
Its market capitalisation is 1.7B EUR and its enterprise value, debt included, is 2.5B EUR.
How much debt does Inmocemento have?
Its net debt (debt minus cash) is 165.4M EUR. That is 0.51 times its EBITDA; the Basic Materials median is 1.41.
Does Inmocemento pay a dividend?
Yes: its dividend yield is 4.10%.
How has Inmocemento stock performed over the last year?
It has risen 10.2% over the last year, excluding dividends. Over the last 52 weeks it has traded between 3.35 and 4.63 EUR. Past performance does not guarantee future results.
What do analysts think of Inmocemento?
1 analysts cover it; their average recommendation is “none” and their average target is 4.60 EUR (+25.7% versus the price). It is an estimate, not market data.
