Inmobiliaria del Sur (ISUR) AI Stock Analysis

Inmobiliaria del Sur

(BME:ISUR)

Select Model

Rating:81Outperform

Price Target:EUR 19.00▲(13.77% Upside)

Action:upgraded

Date:08/06/26

The overall score of 81 is driven primarily by strong and improving financial performance, with sustained revenue and profit growth, rising equity, and a major turnaround in operating and free cash flow that now robustly support earnings. An attractive valuation, combining a relatively low P/E and a healthy dividend yield, reinforces the positive view and compensates for sector cyclicality. Technicals add support but play a secondary role, indicating a steady uptrend and neutral momentum rather than aggressive bullishness. The main risk tempering the score is the 2024 leverage anomaly, which warrants ongoing attention but is outweighed by the broader trend of deleveraging and financial strengthening.

Positive Factors

Cash generation improvementOperating cash flow and free cash flow both rising to ~€41M in 2025 and matching net income indicates a step-change in cash conversion. Durable stronger cash generation supports reinvestment, dividend coverage and debt reduction over the medium term, improving financial flexibility.

Negative Factors

2024 balance-sheet anomalyAn extreme 2024 equity distortion raises reporting-quality and data-consistency concerns. Persistent uncertainty about reported equity levels can undermine confidence in leverage metrics, complicate covenant assessment and capital planning, and increase perceived governance and financial risk.

Inmobiliaria del Sur (ISUR) vs. iShares MSCI Spain ETF (EWP)

Market Cap: EUR 313.31M
Dividend Yield: 4.39%
Average Volume (3M): 1,887
Price to Earnings (P/E): 7.4
Beta (1Y): 0.25
Revenue Growth: -4.85%
EPS Growth: 106.91%
Country: Spain
Employees: 217
Sector: General
Sector Strength: 55
Industry: Real Estate - Services

Inmobiliaria del Sur Business Overview & Revenue Model

Company Description

Operating within Spain, Inmobiliaria del Sur, S.A. is a real estate firm specializing in property development and asset management. The company's activities encompass the construction, administration, and leasing of a diverse range of properties, inc...

Inmobiliaria del Sur Financial Statement Overview

Summary

Financial performance is strong, driven by robust revenue growth from 105M in 2021 to 211M in 2025, improving net income, and rising margins, supported by sharply better operating and free cash flow that now closely track earnings. The main risk is the anomalous 2024 leverage spike, but the overall trajectory in equity growth, debt reduction, and cash generation is clearly positive.

Income Statement

88Very Positive

Balance Sheet

65Positive

Cash Flow

82Very Positive

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	186.66M	210.54M	164.49M	142.76M	116.53M	105.40M
Gross Profit	69.24M	62.11M	51.59M	41.65M	31.98M	33.07M
EBITDA	61.84M	60.93M	43.72M	29.97M	12.67M	25.34M
Net Income	41.90M	39.33M	20.61M	11.30M	15.01M	12.02M
Balance Sheet
Total Assets	642.15M	631.71M	507.79M	483.38M	497.07M	464.25M
Cash, Cash Equivalents and Short-Term Investments	63.28M	98.00M	57.96M	31.34M	33.08M	50.13M
Total Debt	240.46M	237.33M	256.06M	257.19M	280.60M	285.42M
Total Liabilities	358.88M	352.61M	507.64M	337.66M	356.62M	332.74M
Stockholders Equity	279.53M	275.31M	155.08K	142.54M	137.31M	128.34M
Cash Flow
Free Cash Flow	39.23M	41.13M	20.45M	16.31M	-161.00K	21.09M
Operating Cash Flow	39.44M	41.30M	20.71M	16.47M	47.00K	25.95M
Investing Cash Flow	4.79M	17.80M	12.24M	10.06M	3.77M	-44.56M
Financing Cash Flow	-19.20M	-30.70M	-6.83M	-30.17M	-20.76M	24.08M

Inmobiliaria del Sur Technical Analysis

Technical Analysis SentimentPositive

Last Price16.70

Price Trends

50DMA16.81Positive

100DMA16.64Positive

200DMA16.38Positive

Market Momentum

MACD0.04Negative

RSI50.45Neutral

STOCH68.15Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ES:ISUR, the sentiment is Positive. The current price of 16.70 is below the 20-day moving average (MA) of 16.79, below the 50-day MA of 16.81, and above the 200-day MA of 16.38, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 50.45 is Neutral, neither overbought nor oversold. The STOCH value of 68.15 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ES:ISUR.

Inmobiliaria del Sur Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

ES:ISUR against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ES:ISUR	81Outperform	EUR 313.31M	7.36	15.10%	4.39%	-4.85%	106.91%
ES:RLIA	73Outperform	EUR 1.38B	6.93	8.76%	―	81.78%	36.27%
ES:COL	71Outperform	EUR 3.08B	8.66	5.84%	6.29%	3.55%	-31.97%
ES:HOME	68Neutral	EUR 1.67B	11.96	11.99%	10.08%	165.35%	80.40%
ES:SCYR	61Neutral	EUR 3.19B	24.28	13.38%	3.21%	3.64%	41.50%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ES:REN	48Neutral	EUR 21.56M	-3.33	-10.60%	3.68%	56.18%	-182.64%

* General Sector Average

Performance Comparison

ES:ISUR and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ES:ISUR	Inmobiliaria del Sur	16.85	3.37	25.04%
ES:COL	Inmobiliaria Colonial	5.09	-0.10	-1.91%
ES:HOME	Neinor Homes	16.98	0.95	5.92%
ES:RLIA	Realia Business	0.92	-0.10	-9.80%
ES:REN	Renta Corporacion Real Estate ate ate	0.67	-0.02	-2.33%
ES:SCYR	Sacyr SA	4.05	0.36	9.70%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 06, 2026

Inmobiliaria del Sur AI Stock Analysis