Montebalito (MTB) AI Stock Analysis

1 Followers

Montebalito

(BME:MTB)

Select Model

Rating:65Neutral

Price Target:EUR 2.00▲(3.09% Upside)

Action:reiterated

Date:08/18/26

The score is driven primarily by mixed fundamentals: strong reported profitability and a low-leverage balance sheet are meaningful positives, but they are offset by weak cash conversion with negative operating and free cash flow and a shrinking revenue base. Technicals are a secondary support, showing a clear uptrend and positive momentum, while valuation appears neutral-to-slightly expensive with a mid-range P/E and no dividend yield data.

Positive Factors

Conservative LeverageA low debt-to-equity (~0.25) gives Montebalito durable financial flexibility across real-estate cycles. Lower leverage reduces interest burden and default risk, preserving capacity to fund projects or absorb timing delays without forced asset sales, improving resilience for the next 2–6 months.

Negative Factors

Weak Cash GenerationOperating cash flow covering only ~16% of net income and negative free cash flow in 2025 reflects poor conversion of accounting profits into usable cash. This structural cash-generation weakness constrains reinvestment, increases dependency on financing, and heightens liquidity risk across project cycles.

Montebalito (MTB) vs. iShares MSCI Spain ETF (EWP)

Market Cap: EUR 59.02M
Dividend Yield: ―
Average Volume (3M): 4,636
Price to Earnings (P/E): 17.6
Beta (1Y): 0.13
Revenue Growth: -21.69%
EPS Growth: 100.19%
Country: Spain
Employees: 17
Sector: General
Sector Strength: 55
Industry: Real Estate - Development

Montebalito Business Overview & Revenue Model

Company Description

Montebalito, S.A., a company founded in 1972 and based in Madrid, Spain, operates in the property sector. Its real estate activities span both domestic markets in Spain and international ventures. This entity functions as a subsidiary of Metambiente,...

How the Company Makes Money

Montebalito’s primary way of making money is through real-estate-related value realization (e.g., selling properties or real-estate assets and potentially earning gains on those sales), and any income generated from holding and managing real-estate/a...

Montebalito Financial Statement Overview

Summary

Income statement profitability is strong (TTM net margin ~43%) and the balance sheet is conservatively financed (TTM debt-to-equity ~0.13). However, cash generation is a major weakness with materially negative TTM operating cash flow (-12.3M) and free cash flow (-15.4M), alongside shrinking/volatile revenue (TTM -7.2%) and potentially one-off-impacted margins (e.g., gross margin above 100% in 2025).

Income Statement

64Positive

Balance Sheet

78Positive

Cash Flow

34Negative

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.03M	7.24M	8.98M	16.11M	13.28M	13.10M
Gross Profit	6.27M	7.80M	4.59M	5.88M	2.86M	5.18M
EBITDA	3.57M	4.84M	2.73M	1.73M	-1.50M	4.65M
Net Income	3.45M	3.55M	1.38M	1.08M	4.12M	3.25M
Balance Sheet
Total Assets	113.62M	106.07M	102.42M	96.69M	102.31M	111.49M
Cash, Cash Equivalents and Short-Term Investments	1.14M	11.92M	4.46M	5.54M	3.14M	6.94M
Total Debt	10.25M	19.69M	17.23M	13.44M	18.53M	20.20M
Total Liabilities	33.64M	27.30M	25.83M	21.39M	26.47M	38.39M
Stockholders Equity	79.98M	78.77M	76.59M	75.29M	75.85M	73.11M
Cash Flow
Free Cash Flow	-15.45M	-534.00K	-2.88M	8.21M	749.00K	-341.00K
Operating Cash Flow	-12.27M	1.93M	-2.88M	8.24M	774.00K	-63.00K
Investing Cash Flow	1.38M	-2.40M	1.36M	-2.17M	2.66M	574.00K
Financing Cash Flow	9.84M	1.66M	835.00K	-2.80M	-6.42M	-2.23M

Montebalito Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

ES:MTB against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ES:ISUR	73Outperform	EUR 306.80M	7.31	15.10%	4.42%	-4.85%	106.91%
ES:MTB	65Neutral	EUR 59.02M	17.64	4.35%	―	-21.69%	100.19%
ES:ARM	62Neutral	EUR 317.68M	13.71	6.96%	7.63%	209.70%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
ES:REN	48Neutral	EUR 22.20M	-3.22	-10.60%	3.80%	56.18%	-182.64%

* General Sector Average

Performance Comparison

ES:MTB and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
ES:MTB	Montebalito SA	1.94	0.19	10.86%
ES:ISUR	Inmobiliaria del Sur	16.75	3.18	23.42%
ES:REN	Renta Corporacion Real Estate ate ate	0.65	-0.04	-5.95%
ES:ARM	Arima Real Estate SOCIMI SA	13.20	4.04	44.15%
ES:YADR	Adriano Care SOCIMI SA	9.95	0.81	8.86%
ES:YTCH	TECHO HOGAR SOCIMI, S.A.	1.15	0.11	10.90%

Montebalito Corporate Events

Montebalito Board Signs Off on First-Half 2026 Financial Report

Aug 7, 2026

Montebalito, S.A. has filed its first semi-annual financial report for 2026, covering the period ended June 30, 2026, with Spain’s Directorate General of Markets in Madrid. The report includes condensed annual accounts and an interim management repor...

Montebalito Calls Ordinary General Meeting to Approve 2025 Accounts and Review 2026 Strategy

May 28, 2026

Montebalito, S.A. has convened its Ordinary General Meeting of shareholders for 29 June 2026 on first call, or 30 June on second call, at its registered office in Las Palmas de Gran Canaria. The meeting will address standard annual governance matters...

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 18, 2026

Montebalito AI Stock Analysis