FER Stock Analysis: Ferrovial S.A. | MC
Engineering & Construction | MC, Spain | Market Cap: 39.729m EUR | 12M Return: 23.8% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 36.3M
Qual. Beats: 1
Rev. Trend: 87.7%
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Ferrovial is a Netherlands-based infrastructure company founded in 1952 and headquartered in Amsterdam, operating across the United States, Poland, Spain, the United Kingdom, Canada, and other international markets. It is organized into four business segments: Construction, Highways, Airports, and Energy.
The company develops, finances, and operates toll road infrastructure and airports, while also carrying out public and private construction works. Through its Energy segment, Ferrovial is involved in energy transmission and renewable generation infrastructure, energy efficiency services, and the operation of waste management plants.
Sector context: As a Construction & Engineering company, Ferrovials business model relies heavily on long-term public-private partnership (PPP) concessions for transportation assets such as toll roads and airports, where revenue is generated over multi-decade contract periods, complemented by a project-based construction backlog.
- U.S. toll road traffic growth lifts Highways segment EBITDA margins
- Federal infrastructure spending expands Construction backlog and new awards
- Energy segment scales with renewable transmission infrastructure project wins
| Net Income: 888.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 5.40 > 1.0 |
| NWC/Revenue: 6.06% < 20% (prev 9.99%; Δ -3.93% < -1%) |
| CFO/TA 0.11 > 3% & CFO 3.07b > Net Income 888.0m |
| Net Debt (6.79b) to EBITDA (2.01b): 3.39 < 3 |
| Current Ratio: 1.13 > 1.5 & < 3 |
| Outstanding Shares: last quarter (720.6m) vs 12m ago -0.20% < -2% |
| Gross Margin: 48.19% > 18% (prev 35.56%; Δ 12.63% > 0.5%) |
| Asset Turnover: 49.49% > 50% (prev 47.31%; Δ 2.17% > 0%) |
| Interest Coverage Ratio: 3.46 > 6 (EBIT TTM 1.52b / Interest Expense TTM 438.0m) |
| A: 0.03 (Total Current Assets 7.31b - Total Current Liabilities 6.46b) / Total Assets 27.4b |
| B: 0.10 (Retained Earnings 2.79b / Total Assets 27.4b) |
| C: 0.05 (EBIT TTM 1.52b / Avg Total Assets 28.2b) |
| D: 0.30 (Book Value of Equity 5.91b / Total Liabilities 19.8b) |
| Altman-Z'' = 1.21 = BB |
| DSRI: 1.31 (Receivables 2.17b/1.62b, Revenue 14.0b/13.7b) |
| GMI: 0.74 (GM 35.56% / 48.19%) |
| AQI: 0.98 (AQ_t 0.69 / AQ_t-1 0.70) |
| SGI: 1.02 (Revenue 14.0b / 13.7b) |
| TATA: -0.08 (NI 888.0m - CFO 3.07b) / TA 27.4b) |
| Beneish M = -3.01 (Cap -4..+1) = AA |
As of July 28, 2026, the stock is trading at EUR 54.88 with a total of 782,782 shares traded. Over the past week, the price has changed by -1.47%, over one month by -8.29%, over three months by -4.07% and over the past year by +23.77%.
Current recommended Stop Loss: 53.40 (which is 2.7% or 1.5 ATR below the current price).
Ferrovial S.A. has no consensus analysts rating.
P/E Trailing = 49.1327
P/E Forward = 53.4759
P/S = 4.1269
P/B = 6.8046
P/EG = 4.9541
Revenue TTM = 14.0b EUR
EBIT TTM = 1.52b EUR
EBITDA TTM = 2.01b EUR
Long Term Debt = 9.36b EUR (from longTermDebt, last quarter)
Short Term Debt = 1.16b EUR (from shortTermDebt, last quarter)
Debt = 11.0b EUR (from shortLongTermDebtTotal, last quarter) + Leases 305.0m
Net Debt = 6.79b EUR (calculated: Debt 11.0b - CCE 4.24b)
Enterprise Value = 46.5b EUR (39.7b + Debt 11.0b - CCE 4.24b)
Interest Coverage Ratio = 3.46 (Ebit TTM 1.52b / Interest Expense TTM 438.0m)
EV/FCF = 20.17x (Enterprise Value 46.5b / FCF TTM 2.31b)
FCF Yield = 4.96% (FCF TTM 2.31b / Enterprise Value 46.5b)
FCF Margin = 16.52% (FCF TTM 2.31b / Revenue TTM 14.0b)
Net Margin = 6.36% (Net Income TTM 888.0m / Revenue TTM 14.0b)
Gross Margin = 48.19% ((Revenue TTM 14.0b - Cost of Revenue TTM 7.23b) / Revenue TTM)
Gross Margin QoQ = none% (prev 10.39%)
Tobins Q-Ratio = 1.70 (Enterprise Value 46.5b / Total Assets 27.4b)
Interest Expense / Debt = 3.97% (Interest Expense 438.0m / Debt 11.0b)
Taxrate = 25.0% (non-US conservative default 25%)
NOPAT = 1.14b (EBIT 1.52b * (1 - 25.00%))
Current Ratio = 1.13 (Total Current Assets 7.31b / Total Current Liabilities 6.46b)
Debt / Equity = 1.87 (Debt 11.0b / totalStockholderEquity, last quarter 5.91b)
Debt / EBITDA = 3.39 (Net Debt 6.79b / EBITDA 2.01b)
Debt / FCF = 2.95 (Net Debt 6.79b / FCF TTM 2.31b)
Total Stockholder Equity = 5.95b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.15% (Net Income 888.0m / Total Assets 27.4b)
RoE = 14.94% (Net Income TTM 888.0m / Total Stockholder Equity 5.95b)
RoCE = 9.91% (EBIT 1.52b / Capital Employed (Equity 5.95b + L.T.Debt 9.36b))
RoIC = 5.31% (NOPAT 1.14b / Invested Capital 21.4b)
WACC = 6.74% (E(39.7b)/V(50.8b) * Re(7.78%) + D(11.0b)/V(50.8b) * Rd(3.97%) * (1-Tc(0.25)))
Discount Rate = 7.78% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 33.63 | Cagr: -0.24%
[DCF] Terminal Value 77.97% ; FCFF base≈1.73b ; Y1≈1.99b ; Y5≈2.92b
[DCF] Fair Price = 52.01 (EV 44.0b - Net Debt 6.79b = Equity 37.2b / Shares 715.6m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 4.0 | # QB: 1
Revenue Correlation: 87.67 | Revenue CAGR: 9.91% | SUE: N/A | # QB: 0
EPS current Quarter (2025-03-31): EPS=0.16 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2025-06-30): EPS=0.24 | Chg30d=+9.09% | Revisions=+25% | Analysts=1
EPS current Year (2025-12-31): EPS=0.99 | Chg30d=+0.89% | Revisions=+31% | GrowthEPS=-35.7% | GrowthRev=+3.6%
EPS next Year (2026-12-31): EPS=0.98 | Chg30d=-5.14% | Revisions=+0% | GrowthEPS=+3.9% | GrowthRev=+4.4%
[Analyst] Revisions Ratio: +23% (up=12, down=7)