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olivLaw · European equity research

Inmobiliaria Del Sur, S.A. ISUR.MC

Spain · BME Madrid · ISIN ES0154653911 · Vertical: Listed companies from Spain

17.00EUR+0.89% · 1 dayClose 05 Nov 2026

At the close of 05 Nov 2026, Inmobiliaria Del Sur, S.A. (ISUR.MC) stock was 17.00 EUR (+0.89% on the day), with dividend yield 4.35%, beta 0.14, 52-week range 14.00–18.80 EUR.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
unavailable
P/E (TTM)
unavailable
E/P (TTM)
unavailable
Dividend yield
4.35%
DPS 12m 0.74
Beta (2y)
0.14
Volatility (1y) 27%
52-week range
14.0018.80

Price history

Loading chart…

Technical reading

RSI (14)
55.0
strong (55–70)
Bollinger (20, 2)
16.51 – 17.15
in the upper half of the band · %B 0.76 · band width 3.8%
SMA 50 / 200
16.82 / 16.36
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.04 / 0.03
MACD above signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+1.8%−0.6%+2.4 pp—
3 months+3.0%−4.2%+7.2 pp—
6 months+0.9%+4.3%−3.4 pp—
Year to date+17.2%+7.5%+9.7 pp—
1 year+20.6%+9.9%+10.6 pp+6.7%
3 years+144.6%+49.8%+94.8 pp+31.5%
5 years+112.5%+42.8%+69.7 pp—
Max drawdown (1y)
−18.1%
10 Feb 2026 → 23 Mar 2026
Max drawdown (5y)
−22.3%
26 Jan 2022 → 18 Oct 2023
Compound annual growth (5y)
+16.3%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

EPS unavailable in the issuer's structured filings (e.g. a partnership reports per unit, not per share).

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Fiscal years

Fiscal year202320242025
Revenue138.2 m164.5 m208.3 m
Revenue YoYunavailable+19.0%+26.6%
Net income11.3 m24.8 m39.3 m
Net income YoYunavailable+119.1%+58.8%
Diluted EPSunavailableunavailableunavailable
Diluted EPS YoYunavailableunavailableunavailable
net %8.2%15.1%18.9%
Free cash flow16.3 m20.4 m41.1 m

Balance sheet & financial health

Fiscal year 2025 · 31 Dec 2025

Cash
83.8 m EUR
Financial debt
unavailable EUR
Net debt
unavailable EUR
Equity
279.0 m EUR
Total assets
631.7 m EUR
Debt / equity
unavailable
Current ratio
unavailable
ROE
14.8%
ROA
6.9%
FCF margin
19.7%

Financial statements (source on every figure)

Revenue and net income (EUR)

Margins

Income statement · EUR

Revenue
2023
138.2 m
2024
164.5 m
2025
208.3 m

esef· 20 Oct 2026verified

Operating income
2023
22.8 m
2024
38.4 m
2025
56.2 m

esef· 20 Oct 2026verified

Interest expense
2023
14.5 m
2024
16.0 m
2025
13.1 m

esef· 20 Oct 2026verified

Pre-tax income
2023
15.3 m
2024
31.6 m
2025
49.9 m

esef· 20 Oct 2026verified

Income tax
2023
3.9 m
2024
6.9 m
2025
10.2 m

esef· 20 Oct 2026verified

Net income
2023
11.3 m
2024
24.8 m
2025
39.3 m

esef· 20 Oct 2026verified

Dividend per share
2023
—
2024
0.55
2025
0.74

esef· 20 Oct 2026verified

Balance sheet · EUR

Cash
2023
29.3 m
2024
55.4 m
2025
83.8 m

esef· 20 Oct 2026verified

Receivables
2023
29.3 m
2024
32.9 m
2025
34.2 m

esef· 20 Oct 2026verified

Inventories
2023
—
2024
—
2025
49.7 m

esef· 20 Oct 2026verified

Current assets
2023
192.4 m
2024
228.1 m
2025
196.6 m

esef· 20 Oct 2026verified

Property, plant & equipment, net
2023
1.8 m
2024
1.8 m
2025
1.7 m

esef· 20 Oct 2026verified

Intangibles (excl. goodwill)
2023
110.0 k
2024
54.0 k
2025
5.0 k

esef· 20 Oct 2026verified

Total assets
2023
483.4 m
2024
507.8 m
2025
631.7 m

esef· 20 Oct 2026verified

Accounts payable
2023
35.1 m
2024
50.0 m
2025
—

esef· 08 May 2025verified

Short-term debt
2023
42.2 m
2024
35.1 m
2025
—

esef· 08 May 2025verified

Long-term debt
2023
18.5 m
2024
26.0 m
2025
—

esef· 08 May 2025verified

Current liabilities
2023
161.5 m
2024
183.1 m
2025
—

esef· 08 May 2025verified

Equity
2023
235.7 m
2024
252.4 m
2025
279.0 m

esef· 20 Oct 2026verified

Cash flow · EUR

Operating cash flow
2023
16.5 m
2024
20.7 m
2025
41.3 m

esef· 20 Oct 2026verified

Capex
2023
154.0 k
2024
269.0 k
2025
167.0 k

esef· 20 Oct 2026verified

Free cash flow
2023
16.3 m ≈
2024
20.4 m ≈
2025
41.1 m ≈

esef· 20 Oct 2026derived

Investing cash flow
2023
10.1 m
2024
12.2 m
2025
17.8 m

esef· 20 Oct 2026verified

Financing cash flow
2023
-30.2 m
2024
-6.8 m
2025
-30.7 m

esef· 20 Oct 2026verified

Dividends paid
2023
6.0 m
2024
5.4 m
2025
10.2 m

esef· 20 Oct 2026verified

Share repurchases
2023
540.0 k
2024
445.0 k
2025
1.2 m

esef· 20 Oct 2026verified

Computed indicators

Growth

Revenue growth (YoY)
26.6%
computed by olivLawFY 2025
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
46.5%
computed by olivLawFY 2025
Net income growth (YoY)
58.8%
computed by olivLawFY 2025
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
unavailable
input data missing
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
101.2%
computed by olivLawFY 2025

Profitability

Gross margin
unavailable
input data missing
EBITDA margin
unavailable
input data missing
EBIT margin
27.0%
computed by olivLawFY 2025
Net margin
18.9%
computed by olivLawFY 2025
FCF margin
19.7%
computed by olivLawFY 2025

Returns

ROE
14.8%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROA
6.9%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
ROIC
unavailable
input data missing
ROCE
unavailable
input data missing
Payout ratio (EPS)
unavailable
input data missing
Payout ratio (FCF)
24.8%
computed by olivLawFY 2025

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
4.3x
computed by olivLawFY 2025

Liquidity

Current ratio
unavailable
input data missing
Quick ratio
unavailable
input data missing
Cash ratio
unavailable
input data missing

Cash

Operating cash flow
41.3 m EUR
computed by olivLawFY 2025
Capital expenditure
167.0 k EUR
computed by olivLawFY 2025
Free cash flow
41.1 m EUR
computed by olivLawFY 2025
FCF conversion
104.6%
computed by olivLawFY 2025
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
59 days
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Days inventory outstanding
unavailable
input data missing
Days payables outstanding
unavailable
input data missing
Cash conversion cycle
unavailable
input data missing

Market and valuation

Market capitalisation
unavailable
input data missing
Enterprise value
unavailable
input data missing
Market cap / net income TTM
unavailable
input data missing
P/E (TTM)
unavailable
input data missing
Earnings yield
unavailable
input data missing
P/B
unavailable
input data missing
P/S
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
unavailable
input data missing
FCF yield
unavailable
input data missing
Dividend yield
4.4%
computed by olivLawFY 2025
Shareholder yield (distributions)
unavailable
input data missing

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • indicators available: 4 of at least 6
  • score weight coverage: 22.9% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

17.00 EUR

05 Nov 2026Source: olivLaw, closing series

Market cap: unavailable

Key indicators

Market capitalisation
unavailable
input data missing
P/E (TTM)
unavailable
input data missing
P/B
unavailable
input data missing
EV/EBITDA
unavailable
input data missing
ROE
14.8%
computed by olivLawFY 2025 · balance sheet at 31 Dec 2025
Net margin
18.9%
computed by olivLawFY 2025
Revenue growth (YoY)
26.6%
computed by olivLawFY 2025
Dividend yield
4.4%
computed by olivLawFY 2025

Coverage and freshness

26/37 reporting lines present
Latest full fiscal year: 2025
Latest reported period: 31 Dec 2025
Latest balance sheet date: 31 Dec 2025
Source: esefpublished 20 Oct 2026
verified 72

Score by group

23% · Insufficient data

Estimated value range

Low
10.06
EUR per share
Mid
11.61
EUR per share
High
13.72
EUR per share
Price: 17.00 EUR
The price is above the range
Potential to the central value: -31.7% (value / price − 1)
Margin of safety: -46.4% (1 − price / value)
Agreement between methods: single method · 1 methods used · 1 independent bases

The combined range = the median of the valid methods' low, central and high values; it is not a probability interval and does not cover every result. Envelope of all methods: 10.06 – 13.72 EUR.

Valuation assumptions are editorial choices, not measured; beta is not measured.

Method ranges (EUR per share)

— — Mid · ▏ Price

Valuation methods

  • DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
  • Peers: P/Eunavailable · input data missing
  • Dividend discount (DDM)10.06 – 13.72 (Mid 11.61)

Assumptions (illustrative, editorial)

Risk-free rate
3.0%
Equity risk premium
5.5%
Beta (default)
1.00
Cost of equity
8.5%
Terminal growth
2.0%

Factor scorecard

Insufficient data

Minimum-evidence gate: indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%

FactorValueScoreWeight used
ROIC · Qualityunavailableunavailable—
Net margin · Quality18.9%86 (vs peers)27%
FCF conversion · Quality104.6%100 (on a fixed band)27%
Revenue CAGR 3Y · Growthunavailableunavailable—
EPS CAGR 3Y · Growthunavailableunavailable—
Net debt / EBITDA · Balance sheetunavailableunavailable—
Interest coverage · Balance sheet4.3x43 (on a fixed band)27%
Current ratio · Balance sheetunavailableunavailable—
P/E (TTM) · Valuationunavailableunavailable—
EV/EBITDA · Valuationunavailableunavailable—
FCF yield · Valuationunavailableunavailable—
Shareholder yield (distributions) · Returnsunavailableunavailable—
Payout ratio (FCF) · Returns24.8%100 (on a fixed band)18%

Factors without a value were dropped; the remaining weights were renormalised.

Score groups

  • Balance sheet· partial43/100 · 1/3 factors with a value
  • Growth· partialunavailable · 0/2 factors with a value
  • Quality93/100 · 2/3 factors with a value
  • Returns· partial100/100 · 1/2 factors with a value
  • Valuation· partialunavailable · 0/3 factors with a value

A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

Memo

INMOBILIARIA DEL SUR, S.A. (ISUR.MC). Latest full fiscal year: 2025; data up to 2025-12-31.

Figures computed from the financial statements: revenue 208.3 m EUR in 2025; YoY growth 26.6%; net margin 18.9%; ROE 14.8%.

The estimated value range is 10.06–13.72 EUR per share (median of 1 methods, agreement: single method); assumptions are illustrative. Against the central value of 11.61 EUR, the price of 17.00 EUR leaves a potential of -31.7% (value / price − 1) and a margin of safety of -46.4% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

Insufficient data for a verdict (indicators available: 4 of at least 6; score weight coverage: 22.9% of at least 60%).

Text generated deterministically from the figures shown; no language model. Not investment advice.

What supports the thesis

  • Net margin: 18.9%
  • FCF conversion: 104.6%
  • Payout ratio (FCF): 24.8%

What contradicts it

  • The price is above the estimated value range

Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, Current ratio, P/E (TTM), EV/EBITDA, FCF yield, Shareholder yield (distributions).

Versus the vertical median

Listed companies from Spain · same country · compared with 39 companies

Multiples and returns vs the median

P/E
—
vertical median 20.3x
EV/EBITDA
—
vertical median —
P/S
—
vertical median 0.9x
P/B
—
vertical median 2.5x
ROE
14.8%
vertical median 10.5%
above median (+41.0%)
Net margin
18.9%
vertical median 4.5%
above median (+316.3%)
EBIT margin
27.0%
vertical median 10.2%
above median (+164.9%)
Revenue YoY
26.6%
vertical median 2.2%
above median (+1,103.0%)
Net debt/EBITDA
—
vertical median -0.2x
Dividend yield
4.4%
vertical median 3.0%
above median (+47.3%)

Price rebased to 100 (monthly, 5 years)

Companies in the vertical

Market capP/EROENet marginRevenue YoY1A / 3A
ELE.MCEndesa SA46.9 bn21.426.4%10.5%+0.5%+43% / +134%
AENA.MCAena S.m.e. SA42.6 bn19.924.2%34.0%+8.9%+21% / +79%
AMS.MCAmadeus It Group Sociedad Anonima26.2 bn19.826.9%20.5%+6.1%−6% / −5%
ACS.MCAcs Actividades De Construccion Y Servicios, S.A.21.9 bn23.019.9%1.9%+19.7%+7% / +134%
ANA.MCAcciona SA11.7 bn14.516.9%4.0%+5.5%+24% / +66%
FCC.MCFomento De Construcciones Y Contratas S.A.5.0 bn30.35.3%1.7%+6.9%−8% / −14%
DIA.MCDistribuidora Internacional De Alimentacion SA2.7 bn20.6165.6%2.2%−2.7%+51% / +380,733%
CMO.MCCementos Molins S.A.2.5 bn13.614.3%18.0%−3.1%+31% / unavailable
ENO.MCElecnor SA2.4 bn21.910.5%2.5%+15.1%−3% / +58%
ALM.MCAlmirall S.A.2.4 bn51.13.1%4.2%+12.4%−11% / +32%
FAE.MCFaes Farma SA1.5 bn19.310.8%13.0%+23.7%+3% / +57%
AEDAS.MCAedas Homes SA1.0 bn17.157.8%7.0%−24.8%+0% / +38%
EDR.MCEdreams Odigeo SA574.4 m11.521.0%7.8%−0.4%+40% / −24%
EAT.MCAmRest Holdings SE506.0 m31.44.3%0.6%+0.1%−34% / −61%
ADX.MCAudax Renovables S.A.468.5 m23.99.3%1.0%−5.4%−23% / −18%
ATRY.MCAtrys Health, S.A.200.4 m—-49.5%-71.1%+8.5%−3% / −29%
ENER.MCEcoener, S.A.175.6 m32.24.2%6.4%+3.6%−34% / −6%
ADZ.MCAdolfo Dominguez SA62.9 m38.39.0%1.2%+1.8%+39% / +40%
DESA.MCDesarrollos Especiales De Sistemas De Anclaje S.A.44.8 m9.2152.3%10.0%+2.2%+19% / unavailable
EZE.MCGrupo Ezentis SA29.0 m——-9.3%+147.2%−30% / −37%
CLEO.MCCompañia Levantina De Edificacion Y Obras Publicas SA17.3 m14.44.1%3.4%+13.4%unavailable / unavailable
AYC.MCAyco Grupo Inmobiliario, S.A.16.4 m—-33.8%—−100.0%unavailable / unavailable
EBRO.MCEbro Foods, S.A.3.0 m0.010.0%7.7%−4.0%−0% / +19%
A3M.MCAtresmedia Corporacion De Medios De Comunicacion, S.A.——7.9%6.9%−2.7%+13% / +60%
ACX.MCAcerinox SA——-1.7%-0.7%+6.8%+27% / +54%

1- and 3-year price returns: for ISUR.MC from daily closes (the same as the performance table), for the other companies from month-end closes.

olivLaw engine forecast

The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

The engine has no published run for this company yet.

Valuation scenarios (editable assumptions)

Illustrative scenarios

Scenarios are not available. input data missing

AI analysis

The qualitative analysis has not been written for this company yet.

Products, market & competition

The qualitative analysis has not been written for this company yet.

News & filings

In the press

No news in our archive over the last 180 days.

Annual reports (ESEF)

Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.