Logo image of FER.AS

FERROVIAL SE (FER.AS) Stock Fundamental Analysis

AMS:FER - Euronext Amsterdam - NL0015001FS8 - Common Stock - Currency: EUR

40.62  +0.04 (+0.1%)

Fundamental Rating

2

We assign a fundamental rating of 2 out of 10 to FER. FER was compared to 39 industry peers in the Construction & Engineering industry. There are concerns on the financial health of FER while its profitability can be described as average. FER is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

Quickly go to:

5

1. Profitability

1.1 Basic Checks

In the past year FER was profitable.
In the past year FER had a positive cash flow from operations.
Of the past 5 years FER 4 years were profitable.
Each year in the past 5 years FER had a positive operating cash flow.
FER.AS Yearly Net Income VS EBIT VS OCF VS FCFFER.AS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 500M 1B

1.2 Ratios

FER has a worse Return On Assets (1.71%) than 65.79% of its industry peers.
FER's Return On Equity of 12.10% is on the low side compared to the rest of the industry. FER is outperformed by 60.53% of its industry peers.
Looking at the Return On Invested Capital, with a value of 2.23%, FER is doing worse than 81.58% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for FER is significantly below the industry average of 11.05%.
The 3 year average ROIC (1.69%) for FER is below the current ROIC(2.23%), indicating increased profibility in the last year.
Industry RankSector Rank
ROA 1.71%
ROE 12.1%
ROIC 2.23%
ROA(3y)2.4%
ROA(5y)1.28%
ROE(3y)15.29%
ROE(5y)7.64%
ROIC(3y)1.69%
ROIC(5y)N/A
FER.AS Yearly ROA, ROE, ROICFER.AS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 10 -10 20

1.3 Margins

FER's Profit Margin of 5.34% is fine compared to the rest of the industry. FER outperforms 65.79% of its industry peers.
The Operating Margin of FER (6.93%) is better than 60.53% of its industry peers.
FER's Operating Margin has improved in the last couple of years.
FER's Gross Margin of 42.81% is in line compared to the rest of the industry. FER outperforms 57.89% of its industry peers.
In the last couple of years the Gross Margin of FER has grown nicely.
Industry RankSector Rank
OM 6.93%
PM (TTM) 5.34%
GM 42.81%
OM growth 3Y37.8%
OM growth 5Y2.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.06%
GM growth 5Y2.82%
FER.AS Yearly Profit, Operating, Gross MarginsFER.AS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 0 20 40 60 80

More info and screens

1

2. Health

2.1 Basic Checks

With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FER is destroying value.
FER has less shares outstanding than it did 1 year ago.
FER has less shares outstanding than it did 5 years ago.
The debt/assets ratio for FER is higher compared to a year ago.
FER.AS Yearly Shares OutstandingFER.AS Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 200M 400M 600M 800M
FER.AS Yearly Total Debt VS Total AssetsFER.AS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 5B 10B 15B 20B 25B

2.2 Solvency

Based on the Altman-Z score of 1.17, we must say that FER is in the distress zone and has some risk of bankruptcy.
FER has a Altman-Z score of 1.17. This is in the lower half of the industry: FER underperforms 71.05% of its industry peers.
FER has a debt to FCF ratio of 12.20. This is a negative value and a sign of low solvency as FER would need 12.20 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.20, FER is not doing good in the industry: 60.53% of the companies in the same industry are doing better.
FER has a Debt/Equity ratio of 3.00. This is a high value indicating a heavy dependency on external financing.
FER has a Debt to Equity ratio of 3.00. This is amonst the worse of the industry: FER underperforms 89.47% of its industry peers.
Industry RankSector Rank
Debt/Equity 3
Debt/FCF 12.2
Altman-Z 1.17
ROIC/WACC0.39
WACC5.72%
FER.AS Yearly LT Debt VS Equity VS FCFFER.AS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B 10B

2.3 Liquidity

FER has a Current Ratio of 0.93. This is a bad value and indicates that FER is not financially healthy enough and could expect problems in meeting its short term obligations.
FER's Current ratio of 0.93 is on the low side compared to the rest of the industry. FER is outperformed by 76.32% of its industry peers.
A Quick Ratio of 0.86 indicates that FER may have some problems paying its short term obligations.
The Quick ratio of FER (0.86) is worse than 63.16% of its industry peers.
Industry RankSector Rank
Current Ratio 0.93
Quick Ratio 0.86
FER.AS Yearly Current Assets VS Current LiabilitesFER.AS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2B 4B 6B 8B 10B

More info and screens

2

3. Growth

3.1 Past

The Earnings Per Share has grown by an impressive 22.70% over the past year.
FER shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.65% yearly.
FER shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -52.11%.
The Revenue for FER have been decreasing by -16.35% on average. This is quite bad
EPS 1Y (TTM)22.7%
EPS 3Y3.65%
EPS 5YN/A
EPS Q2Q%N/A
Revenue 1Y (TTM)-52.11%
Revenue growth 3Y-16.35%
Revenue growth 5YN/A
Sales Q2Q%4.16%

3.2 Future

FER is expected to show a very negative growth in Earnings Per Share. In the coming years, the EPS will decrease by -13.76% yearly.
FER is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -9.43% yearly.
EPS Next Y-55.78%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
EPS Next 5Y-13.76%
Revenue Next Year0.71%
Revenue Next 2Y-30.82%
Revenue Next 3Y-19.97%
Revenue Next 5Y-9.43%

3.3 Evolution

The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
FER.AS Yearly Revenue VS EstimatesFER.AS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2B 4B 6B 8B 10B
FER.AS Yearly EPS VS EstimatesFER.AS Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.5 1

More info and screens

0

4. Valuation

4.1 Price/Earnings Ratio

FER is valuated quite expensively with a Price/Earnings ratio of 76.64.
Based on the Price/Earnings ratio, FER is valued a bit more expensive than the industry average as 78.95% of the companies are valued more cheaply.
When comparing the Price/Earnings ratio of FER to the average of the S&P500 Index (28.47), we can say FER is valued expensively.
With a Price/Forward Earnings ratio of 115.79, FER can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, FER is valued a bit more expensive than the industry average as 78.95% of the companies are valued more cheaply.
FER is valuated rather expensively when we compare the Price/Forward Earnings ratio to 92.74, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 76.64
Fwd PE 115.79
FER.AS Price Earnings VS Forward Price EarningsFER.AS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 20 40 60 80 100

4.2 Price Multiples

Based on the Enterprise Value to EBITDA ratio, FER is valued a bit more expensive than the industry average as 73.68% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, FER is valued a bit more expensive than the industry average as 68.42% of the companies are valued more cheaply.
Industry RankSector Rank
P/FCF 27.76
EV/EBITDA 39.26
FER.AS Per share dataFER.AS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8 10

4.3 Compensation for Growth

FER's earnings are expected to decrease with -43.08% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%

More info and screens

0

5. Dividend

5.1 Amount

No dividends for FER!.
Industry RankSector Rank
Dividend Yield N/A

More info and screens

FERROVIAL SE

AMS:FER (2/5/2025, 10:52:36 AM)

40.62

+0.04 (+0.1%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)10-29 2024-10-29
Earnings (Next)02-27 2025-02-27
Inst Owners35.66%
Inst Owner ChangeN/A
Ins Owners33.85%
Ins Owner ChangeN/A
Market Cap30.04B
Analysts75.2
Price Target42.46 (4.53%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield N/A
Yearly Dividend0.18
Dividend Growth(5Y)-9.43%
DP40.44%
Div Incr Years1
Div Non Decr Years1
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.5%
Min Revenue beat(2)-2.64%
Max Revenue beat(2)3.65%
Revenue beat(4)3
Avg Revenue beat(4)2.32%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)4.85%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)1.51%
PT rev (3m)7.59%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)10.87%
EPS NY rev (3m)10.87%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.08%
Valuation
Industry RankSector Rank
PE 76.64
Fwd PE 115.79
P/S 3.53
P/FCF 27.76
P/OCF 25.59
P/B 7.99
P/tB 9.57
EV/EBITDA 39.26
EPS(TTM)0.53
EY1.3%
EPS(NY)0.35
Fwd EY0.86%
FCF(TTM)1.46
FCFY3.6%
OCF(TTM)1.59
OCFY3.91%
SpS11.51
BVpS5.09
TBVpS4.24
PEG (NY)N/A
PEG (5Y)N/A
Profitability
Industry RankSector Rank
ROA 1.71%
ROE 12.1%
ROCE 2.97%
ROIC 2.23%
ROICexc 2.73%
ROICexgc 2.84%
OM 6.93%
PM (TTM) 5.34%
GM 42.81%
FCFM 12.71%
ROA(3y)2.4%
ROA(5y)1.28%
ROE(3y)15.29%
ROE(5y)7.64%
ROIC(3y)1.69%
ROIC(5y)N/A
ROICexc(3y)2.27%
ROICexc(5y)N/A
ROICexgc(3y)2.37%
ROICexgc(5y)N/A
ROCE(3y)2.26%
ROCE(5y)N/A
ROICexcg growth 3Y20.78%
ROICexcg growth 5Y3.94%
ROICexc growth 3Y20.82%
ROICexc growth 5Y3.88%
OM growth 3Y37.8%
OM growth 5Y2.23%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.06%
GM growth 5Y2.82%
F-Score8
Asset Turnover0.32
Health
Industry RankSector Rank
Debt/Equity 3
Debt/FCF 12.2
Debt/EBITDA 11.21
Cap/Depr 22.01%
Cap/Sales 1.08%
Interest Coverage 1.3
Cash Conversion 116.47%
Profit Quality 237.8%
Current Ratio 0.93
Quick Ratio 0.86
Altman-Z 1.17
F-Score8
WACC5.72%
ROIC/WACC0.39
Cap/Depr(3y)33.7%
Cap/Depr(5y)52.62%
Cap/Sales(3y)1.35%
Cap/Sales(5y)1.83%
Profit Quality(3y)254.01%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)22.7%
EPS 3Y3.65%
EPS 5YN/A
EPS Q2Q%N/A
EPS Next Y-55.78%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
EPS Next 5Y-13.76%
Revenue 1Y (TTM)-52.11%
Revenue growth 3Y-16.35%
Revenue growth 5YN/A
Sales Q2Q%4.16%
Revenue Next Year0.71%
Revenue Next 2Y-30.82%
Revenue Next 3Y-19.97%
Revenue Next 5Y-9.43%
EBIT growth 1Y37.53%
EBIT growth 3Y50.52%
EBIT growth 5Y10.63%
EBIT Next Year125.62%
EBIT Next 3Y39.78%
EBIT Next 5Y30.76%
FCF growth 1Y114.68%
FCF growth 3Y4.73%
FCF growth 5Y47.45%
OCF growth 1Y91.21%
OCF growth 3Y3.42%
OCF growth 5Y28.85%