FER Stock Analysis: Ferrovial SE | NASDAQ

Engineering & Construction | NASDAQ, USA | Market Cap: 39.893m USD | 12M Return: 2.1% | NL0015001FS8 | Charts, Fundamentals & Technical Analysis

Toll Roads, Airports, Construction, Energy Infrastructure
Total Rating 43
Safety 80
Buy Signal -0.30
Engineering & Construction
Industry Rotation: +8.4
Market Cap: 39.9B
Avg Turnover: 76.5M
Risk 3d forecast
Volatility115%
VaR 5th Pctl5.40%
VaR vs Median-36.7%
Reward TTM
Sharpe Ratio0.04
Rel. Str. IBD13.4
Rel. Str. Peer Group32.2
Character TTM
Beta0.862
Beta Downside0.617
Hurst Exponent0.563
Drawdowns 3y
Max DD26.37%
CAGR/Max DD0.96
CAGR/Mean DD5.43
EPS (Earnings per Share) EPS (Earnings per Share) of FER over the last years for every Quarter: "2021-09": 0.1243, "2021-12": 2.0349, "2022-03": null, "2022-06": null, "2022-09": null, "2022-12": null, "2023-03": null, "2023-06": null, "2023-09": null, "2023-12": null, "2024-03": null, "2024-06": null, "2024-09": null, "2024-12": 3.9, "2025-03": null, "2025-06": 0.73, "2025-09": null, "2025-12": null, "2026-03": null, "2026-06": null,
Qual. Beats: 0
Revenue Revenue of FER over the last years for every Quarter: 2021-09: 1842, 2021-12: 1971, 2022-03: 1767, 2022-06: 3534, 2022-09: 2008.5, 2022-12: 4017, 2023-03: 1970, 2023-06: 3940, 2023-09: 2287, 2023-12: 4574, 2024-03: 2133.5, 2024-06: 4267, 2024-09: 2440.5, 2024-12: 4880, 2025-03: 2234.5, 2025-06: 4469, 2025-09: 2579, 2025-12: 5158, 2026-03: 2098, 2026-06: 4701,
Rev. CAGR: 6.01%
Rev. Trend: 97.1%
Last SUE: 2.96
Qual. Beats: 1

Warnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +0.3% 7
Feb +1.4% 11
Mar -1.5% 35
Apr +4.5% 21
May +1.0% 28
Jun -0.8% 8
Jul -0.1% 5
Aug +0.9% 5
Sep +0.2% 13
Oct -1.6% 0
Nov +0.4% 2
Dec -0.3% 13

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.

Description: FER Ferrovial SE

Ferrovial SE is a Netherlands-based infrastructure company founded in 1952 and headquartered in Amsterdam, with shares listed on NASDAQ under the ticker FER following its 2023 IPO. It operates across four segments - Construction, Highways, Airports, and Energy - with activities spanning the United States, Poland, Spain, the United Kingdom, Canada, and other international markets. Its core business model centers on long-term infrastructure concessions, particularly toll roads and airports, alongside public and private construction projects and a growing portfolio in energy transmission, renewable generation, energy efficiency services, and waste management. Within the Industrials sector (GICS sub-industry: Construction & Engineering), Ferrovial competes alongside other global infrastructure operators that rely on public-private partnerships and long-duration concession contracts as their primary revenue model.

Headlines to Watch Out For
  • US managed lane toll revenue accelerates in Texas
  • Heathrow stake valuation rises on travel recovery
  • Energy infrastructure backlog expands on renewables push
Piotroski VR-10 (Strict) 5.0
Net Income: 977.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.11 > 0.02 and ΔFCF/TA 5.82 > 1.0
NWC/Revenue: 7.73% < 20% (prev -2.41%; Δ 10.14% < -1%)
CFO/TA 0.13 > 3% & CFO 3.45b > Net Income 977.0m
Net Debt (7.13b) to EBITDA (2.41b): 2.96 < 3
Current Ratio: 1.20 > 1.5 & < 3
Outstanding Shares: last quarter (720.6m) vs 12m ago 0.09% < -2%
Gross Margin: 34.88% > 18% (prev 35.76%; Δ -0.88% > 0.5%)
Asset Turnover: 54.06% > 50% (prev 52.80%; Δ 1.26% > 0%)
Interest Coverage Ratio: 3.83 > 6 (EBIT TTM 1.68b / Interest Expense TTM 438.0m)
Altman Z'' 1.31
A: 0.04 (Total Current Assets 6.81b - Total Current Liabilities 5.69b) / Total Assets 27.2b
B: 0.10 (Retained Earnings 2.61b / Total Assets 27.2b)
C: 0.06 (EBIT TTM 1.68b / Avg Total Assets 26.9b)
D: 0.29 (Book Value of Equity 5.72b / Total Liabilities 19.8b)
Altman-Z'' = 1.31 = BB
Beneish M -3.01
DSRI: 1.02 (Receivables 2.31b/2.19b, Revenue 14.5b/14.0b)
GMI: 1.03 (GM 35.76% / 34.88%)
AQI: 0.93 (AQ_t 0.70 / AQ_t-1 0.75)
SGI: 1.04 (Revenue 14.5b / 14.0b)
TATA: -0.09 (NI 977.0m - CFO 3.45b) / TA 27.2b)
Beneish M = -3.01 (Cap -4..+1) = AA
What is the price of FER shares?

As of September 27, 2026, the stock is trading at USD 55.83 with a total of 1,458,788 shares traded. Over the past week, the price has changed by +1.44%, over one month by -11.42%, over three months by -20.47% and over the past year by +2.10%.

Current recommended Stop Loss: 54.10 (which is 3.1% or 1.7 ATR below the current price).

Is FER a buy, sell or hold?

Ferrovial SE has no consensus analysts rating.

Ferrovial SE (FER) - Fundamental Data Overview as of 26 September 2026
Market Cap USD = 39.9b (39.9b USD * 1.0 USD.USD)
Market Cap EUR = 35.1b (39.9b USD * 0.87914001941681 USD.EUR)
P/E Trailing = 58.2947
P/E Forward = 42.735
P/S = 4.0464
P/B = 6.0695
P/EG = 10.0924
Revenue TTM = 14.5b EUR
EBIT TTM = 1.68b EUR
EBITDA TTM = 2.41b EUR
Long Term Debt = 10.0b EUR (from longTermDebt, last quarter)
Short Term Debt = 381.0m EUR (from shortTermDebt, last quarter)
Debt = 11.0b EUR (from shortLongTermDebtTotal, last quarter) + Leases 333.0m
Net Debt = 7.13b EUR (calculated: Debt 11.0b - CCE 3.86b)
Enterprise Value = 42.2b EUR (35.1b + Debt 11.0b - CCE 3.86b)
Interest Coverage Ratio = 3.83 (Ebit TTM 1.68b / Interest Expense TTM 438.0m)
EV/FCF = 14.04x (Enterprise Value 42.2b / FCF TTM 3.00b)
FCF Yield = 7.12% (FCF TTM 3.00b / Enterprise Value 42.2b)
FCF Margin = 20.67% (FCF TTM 3.00b / Revenue TTM 14.5b)
Net Margin = 6.72% (Net Income TTM 977.0m / Revenue TTM 14.5b)
Gross Margin = 34.88% ((Revenue TTM 14.5b - Cost of Revenue TTM 9.47b) / Revenue TTM)
Gross Margin QoQ = 10.44% (prev 86.13%)
Tobins Q-Ratio = 1.55 (Enterprise Value 42.2b / Total Assets 27.2b)
Interest Expense / Debt = 3.99% (Interest Expense 438.0m / Debt 11.0b)
Taxrate = 10.68% (47.0m / 440.0m)
NOPAT = 1.50b (EBIT 1.68b * (1 - 10.68%))
Current Ratio = 1.20 (Total Current Assets 6.81b / Total Current Liabilities 5.69b)
Debt / Equity = 1.92 (Debt 11.0b / totalStockholderEquity, last quarter 5.72b)
Debt / EBITDA = 2.96 (Net Debt 7.13b / EBITDA 2.41b)
Debt / FCF = 2.37 (Net Debt 7.13b / FCF TTM 3.00b)
Total Stockholder Equity = 5.82b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.63% (Net Income 977.0m / Total Assets 27.2b)
RoE = 16.80% (Net Income TTM 977.0m / Total Stockholder Equity 5.82b)
RoCE = 10.58% (EBIT 1.68b / Capital Employed (Equity 5.82b + L.T.Debt 10.0b))
RoIC = 7.07% (NOPAT 1.50b / Invested Capital 21.2b)
WACC = 7.71% (E(35.1b)/V(46.1b) * Re(9.01%) + D(11.0b)/V(46.1b) * Rd(3.99%) * (1-Tc(0.11)))
Discount Rate = 9.01% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -76.65 | Cagr: -0.35%
[DCF] Terminal Value 77.97% ; FCFF base≈2.36b ; Y1≈2.70b ; Y5≈3.98b
[DCF] Fair Price = 73.21 (EV 59.9b - Net Debt 7.13b = Equity 52.7b / Shares 720.4m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 97.08 | Revenue CAGR: 6.01% | SUE: 2.96 | # QB: 1
EPS current Quarter (2025-09-30): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS next Quarter (2026-03-31): EPS=0.00 | Chg30d=N/A | Revisions=N/A | Analysts=0
EPS current Year (2025-12-31): EPS=0.99 | Chg30d=+19.04% | Revisions=-25% | GrowthEPS=-36.2% | GrowthRev=+3.4%
EPS next Year (2026-12-31): EPS=1.05 | Chg30d=-9.07% | Revisions=+0% | GrowthEPS=+11.2% | GrowthRev=+5.1%
[Analyst] Revisions Ratio: -17% (up=1, down=2)