FERROVIAL SE (FER.AS) Stock Fundamental Analysis
AMS:FER - Euronext Amsterdam - NL0015001FS8 - Common Stock - Currency: EUR
FER gets a fundamental rating of 4 out of 10. The analysis compared the fundamentals against 45 industry peers in the Construction & Engineering industry. While FER belongs to the best of the industry regarding profitability, there are concerns on its financial health. FER is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
FER had positive earnings in the past year.
In the past year FER had a positive cash flow from operations.
FER had positive earnings in 4 of the past 5 years.
Each year in the past 5 years FER had a positive operating cash flow.
1.2 Ratios
The Return On Assets of FER (11.17%) is better than 88.89% of its industry peers.
FER has a Return On Equity of 53.32%. This is amongst the best in the industry. FER outperforms 97.78% of its industry peers.
FER's Return On Invested Capital of 2.98% is on the low side compared to the rest of the industry. FER is outperformed by 71.11% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for FER is significantly below the industry average of 11.01%.
The 3 year average ROIC (2.22%) for FER is below the current ROIC(2.98%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.17% | ||
| ROE | 53.32% | ||
| ROIC | 2.98% |
ROA(3y)4.52%
ROA(5y)3.3%
ROE(3y)23.24%
ROE(5y)17.1%
ROIC(3y)2.22%
ROIC(5y)1.79%
1.3 Margins
The Profit Margin of FER (35.41%) is better than 97.78% of its industry peers.
In the last couple of years the Profit Margin of FER has grown nicely.
FER has a Operating Margin of 9.85%. This is in the better half of the industry: FER outperforms 66.67% of its industry peers.
In the last couple of years the Operating Margin of FER has grown nicely.
FER has a Gross Margin of 44.04%. This is in the better half of the industry: FER outperforms 62.22% of its industry peers.
In the last couple of years the Gross Margin of FER has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 9.85% | ||
| PM (TTM) | 35.41% | ||
| GM | 44.04% |
OM growth 3Y26.04%
OM growth 5YN/A
PM growth 3Y27.17%
PM growth 5Y52.49%
GM growth 3Y4.45%
GM growth 5Y4.25%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), FER is destroying value.
The number of shares outstanding for FER has been reduced compared to 1 year ago.
FER has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, FER has an improved debt to assets ratio.
2.2 Solvency
FER has an Altman-Z score of 1.46. This is a bad value and indicates that FER is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of FER (1.46) is worse than 66.67% of its industry peers.
FER has a debt to FCF ratio of 12.41. This is a negative value and a sign of low solvency as FER would need 12.41 years to pay back of all of its debts.
FER has a worse Debt to FCF ratio (12.41) than 60.00% of its industry peers.
FER has a Debt/Equity ratio of 1.90. This is a high value indicating a heavy dependency on external financing.
FER's Debt to Equity ratio of 1.90 is on the low side compared to the rest of the industry. FER is outperformed by 82.22% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 12.41 | ||
| Altman-Z | 1.46 |
ROIC/WACC0.49
WACC6.11%
2.3 Liquidity
A Current Ratio of 1.22 indicates that FER should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.22, FER is doing good in the industry, outperforming 62.22% of the companies in the same industry.
FER has a Quick Ratio of 1.14. This is a normal value and indicates that FER is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.14, FER is doing good in the industry, outperforming 62.22% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.14 |
3. Growth
3.1 Past
FER shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 22.70%, which is quite impressive.
FER shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 3.65% yearly.
The Revenue for FER has decreased by -52.11% in the past year. This is quite bad
Measured over the past years, FER shows a very negative growth in Revenue. The Revenue has been decreasing by -16.35% on average per year.
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%9.58%
3.2 Future
The Earnings Per Share is expected to decrease by -13.76% on average over the next years. This is quite bad
The Revenue is expected to decrease by -9.43% on average over the next years.
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
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 84.87, the valuation of FER can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of FER indicates a slightly more expensive valuation: FER is more expensive than 75.56% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 27.30. FER is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 128.22, the valuation of FER can be described as expensive.
77.78% of the companies in the same industry are cheaper than FER, based on the Price/Forward Earnings ratio.
FER is valuated expensively when we compare the Price/Forward Earnings ratio to 21.76, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84.87 | ||
| Fwd PE | 128.22 |
4.2 Price Multiples
75.56% of the companies in the same industry are cheaper than FER, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FER indicates a slightly more expensive valuation: FER is more expensive than 64.44% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 31.98 | ||
| EV/EBITDA | 30.56 |
4.3 Compensation for Growth
FER has a very decent profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as FER's earnings are expected to decrease with -43.08% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
5. Dividend
5.1 Amount
FER has a yearly dividend return of 0.78%, which is pretty low.
Compared to an average industry Dividend Yield of 4.11, FER is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.35, FER's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
5.2 History
The dividend of FER decreases each year by -10.17%.
Dividend Growth(5Y)-10.17%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
FER pays out 4.01% of its income as dividend. This is a sustainable payout ratio.
The Dividend Rate of FER has been decling, while earnings will also be declining. This means the current dividend is most likely not sustainable.
DP4.01%
EPS Next 2Y-18.72%
EPS Next 3Y-43.08%
AMS:FER (7/11/2025, 7:00:00 PM)
44.98
+0.58 (+1.31%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryConstruction & Engineering
Earnings (Last)
Earnings (Next)
Inst Owners36.61%
Inst Owner ChangeN/A
Ins Owners32.89%
Ins Owner ChangeN/A
Market Cap33.00B
Analysts76.92
Price Target46.39 (3.13%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.78% |
Yearly Dividend0.18
Dividend Growth(5Y)-10.17%
DP4.01%
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)0.56%
Min Revenue beat(2)-0.88%
Max Revenue beat(2)2%
Revenue beat(4)2
Avg Revenue beat(4)0.53%
Min Revenue beat(4)-2.64%
Max Revenue beat(4)3.65%
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)0.81%
PT rev (3m)1.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)5.94%
EPS NY rev (1m)0%
EPS NY rev (3m)-7.58%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-66.18%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.28%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 84.87 | ||
| Fwd PE | 128.22 | ||
| P/S | 3.61 | ||
| P/FCF | 31.98 | ||
| P/OCF | 26.24 | ||
| P/B | 5.43 | ||
| P/tB | 6.06 | ||
| EV/EBITDA | 30.56 |
EPS(TTM)0.53
EY1.18%
EPS(NY)0.35
Fwd EY0.78%
FCF(TTM)1.41
FCFY3.13%
OCF(TTM)1.71
OCFY3.81%
SpS12.47
BVpS8.28
TBVpS7.42
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 11.17% | ||
| ROE | 53.32% | ||
| ROCE | 3.97% | ||
| ROIC | 2.98% | ||
| ROICexc | 3.78% | ||
| ROICexgc | 3.92% | ||
| OM | 9.85% | ||
| PM (TTM) | 35.41% | ||
| GM | 44.04% | ||
| FCFM | 11.28% |
ROA(3y)4.52%
ROA(5y)3.3%
ROE(3y)23.24%
ROE(5y)17.1%
ROIC(3y)2.22%
ROIC(5y)1.79%
ROICexc(3y)2.87%
ROICexc(5y)2.44%
ROICexgc(3y)2.98%
ROICexgc(5y)2.53%
ROCE(3y)2.96%
ROCE(5y)2.38%
ROICexcg growth 3Y23.54%
ROICexcg growth 5YN/A
ROICexc growth 3Y23.9%
ROICexc growth 5YN/A
OM growth 3Y26.04%
OM growth 5YN/A
PM growth 3Y27.17%
PM growth 5Y52.49%
GM growth 3Y4.45%
GM growth 5Y4.25%
F-Score7
Asset Turnover0.32
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.9 | ||
| Debt/FCF | 12.41 | ||
| Debt/EBITDA | 8.6 | ||
| Cap/Depr | 51.25% | ||
| Cap/Sales | 2.47% | ||
| Interest Coverage | 1.94 | ||
| Cash Conversion | 93.74% | ||
| Profit Quality | 31.86% | ||
| Current Ratio | 1.22 | ||
| Quick Ratio | 1.14 | ||
| Altman-Z | 1.46 |
F-Score7
WACC6.11%
ROIC/WACC0.49
Cap/Depr(3y)34.82%
Cap/Depr(5y)40.43%
Cap/Sales(3y)1.58%
Cap/Sales(5y)1.66%
Profit Quality(3y)249.79%
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%9.58%
Revenue Next Year0.71%
Revenue Next 2Y-30.82%
Revenue Next 3Y-19.97%
Revenue Next 5Y-9.43%
EBIT growth 1Y52.71%
EBIT growth 3Y38.38%
EBIT growth 5YN/A
EBIT Next Year62%
EBIT Next 3Y23.99%
EBIT Next 5Y20.59%
FCF growth 1Y-9.71%
FCF growth 3Y24.87%
FCF growth 5Y2.94%
OCF growth 1Y2.36%
OCF growth 3Y24.37%
OCF growth 5Y2.81%