Clerhp Estructuras, an action not to be neglected in 2025
Buy signal | Free publication | 25 Feb 2025
Financial analysis of Clerhp Estructuras SA
Spanish company specialising in the design and construction of structures for the construction industry. The company has shown strong growth momentum and very optimistic forecasts for the coming years.
Valuation of Clerhp Estructuras SA
- Turnover : 4/5 - Strong growth: €18.51m in 2023 compared with €14.08m in 2022 (+31.5%), with very positive forecasts of €52.25m in 2025 and €211.65m in 2026.
- Net profit : 3/5 - Positive net profit in 2023 of €0.79m, with a significant improvement since 2021 (-€4.56m), and forecasts of €9.76m in 2025 and €51.71m in 2026.
- Debt : 2.5/5 - Net debt of €10.21m in 2023, with a high debt-to-equity ratio, and a forecast increase to €29.99m in 2025 and €36.59m in 2026.
- Return on equity (ROE) : 4/5 - ROE of 12% in 2023 with exceptional forecasts of 60.91% in 2025 and 187.89% in 2026, indicating strong future profitability.
- Market performance : 3.5/5 - Steady EPS growth (0.07 in 2023, 0.695 in 2025, and 3.68 in 2026), with dividend forecasts from 2026 and a rising valuation.
Average : 3.4/5 - Clerhp Estructuras SA has attractive growth potential, but risks relating to debt and the execution of the growth plan.
Prévisions pour les années à venir
- 2025 : Sales forecast at €52.25m, net profit at €9.76m, and EPS at €0.695.
- 2026 : Projected sales of €211.65m, net profit of €51.71m and EPS of €3.68.
Estimated share value
Using an average sector P/E of 15, the theoretical share value for 2025 would be around €10.42 (0.695 × 15) and for 2026, the theoretical value could reach €55.20 (3.68 × 15).
Summary
Clerhp Estructuras SA has a promising growth profile, with forecasts of strong increases in sales and net profit. However, the investment involves risks associated with debt and achieving the company's ambitious targets.
- Signal : Buy
- Budget/Investment : Moderate
- Reinforcement required : Yes, on fallback
- Exposure : Moderate
- Horizon : 2 to 3 years
- Potential profitability : +118% to +1057%
- Ref. ISIN code : ES0105121000
- Article updated on 30/06/2026: After 16 months in our portfolio, we have decided to sell the shares at €12.70 per share. A very strong return of +167% 😎