Spanish (IBEX) Construction Industry Analysis

Industry Valuation and Performance

Has the Spanish Construction Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 17 May 2024	€49.0b	€66.6b	€1.7b	28.6x	28.1x	0.7x
Sun, 14 Apr 2024	€45.5b	€66.6b	€1.7b	26.4x	26.1x	0.7x
Tue, 12 Mar 2024	€46.4b	€67.7b	€2.0b	19.9x	22.8x	0.7x
Thu, 08 Feb 2024	€45.3b	€66.6b	€1.5b	15.4x	29.2x	0.7x
Sat, 06 Jan 2024	€46.0b	€66.6b	€1.5b	17.5x	29.8x	0.7x
Mon, 04 Dec 2023	€43.0b	€66.6b	€1.5b	15.7x	27.8x	0.6x
Wed, 01 Nov 2023	€38.9b	€66.5b	€1.5b	13.5x	26.7x	0.6x
Fri, 29 Sep 2023	€39.4b	€66.5b	€1.5b	13.8x	27.1x	0.6x
Sun, 27 Aug 2023	€38.5b	€66.5b	€1.5b	14.3x	26.4x	0.6x
Tue, 25 Jul 2023	€39.1b	€64.6b	€1.2b	16.2x	32.1x	0.6x
Thu, 22 Jun 2023	€58.6b	€64.6b	€1.2b	13.2x	48.2x	0.9x
Sat, 20 May 2023	€37.3b	€64.3b	€1.2b	14.3x	31x	0.6x
Mon, 17 Apr 2023	€35.6b	€63.0b	€1.2b	13.2x	30.6x	0.6x
Wed, 15 Mar 2023	€34.5b	€63.0b	€1.2b	12.3x	29.6x	0.5x
Fri, 10 Feb 2023	€34.9b	€59.6b	€582.2m	13.2x	59.9x	0.6x
Sun, 08 Jan 2023	€33.0b	€59.6b	€582.2m	12x	56.7x	0.6x
Tue, 06 Dec 2022	€33.1b	€59.6b	€582.2m	12.2x	56.9x	0.6x
Thu, 03 Nov 2022	€31.0b	€56.8b	€842.4m	11.7x	36.8x	0.5x
Sat, 01 Oct 2022	€29.5b	€56.8b	€842.4m	11.3x	35x	0.5x
Mon, 29 Aug 2022	€31.5b	€56.7b	€839.7m	12.5x	37.6x	0.6x
Wed, 27 Jul 2022	€32.2b	€53.9b	€464.6m	19.8x	69.3x	0.6x
Fri, 24 Jun 2022	€30.8b	€53.9b	€483.2m	10.9x	63.7x	0.6x
Sun, 22 May 2022	€31.8b	€53.4b	€424.1m	17.8x	74.9x	0.6x
Tue, 19 Apr 2022	€33.6b	€53.0b	€424.8m	21x	79x	0.6x
Thu, 17 Mar 2022	€32.3b	€53.0b	€424.8m	21.9x	76x	0.6x
Sat, 12 Feb 2022	€31.7b	€59.0b	€951.7m	11.7x	33.3x	0.5x
Mon, 10 Jan 2022	€34.1b	€59.0b	€951.7m	12.4x	35.8x	0.6x
Wed, 08 Dec 2021	€32.6b	€59.0b	€894.1m	10.4x	36.4x	0.6x
Fri, 05 Nov 2021	€33.7b	€57.9b	€838.2m	10.8x	40.3x	0.6x
Sun, 03 Oct 2021	€32.7b	€57.7b	€595.4m	11.3x	54.9x	0.6x
Tue, 31 Aug 2021	€32.0b	€57.7b	€596.1m	11.1x	53.7x	0.6x
Wed, 07 Jul 2021	€31.8b	€57.7b	€596.1m	11.2x	53.3x	0.6x

Current Industry PE

Investors are pessimistic on the Spanish Construction industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 28.1x which is lower than its 3-year average PE of 42.9x.

The industry is trading close to its 3-year average PS ratio of 0.59x.

Past Earnings Growth

The earnings for companies in the Construction industry have grown 51% per year over the last three years.
Revenues for these companies have grown 4.8% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Spanish Industrials industry?


ES Market	1.85%
Industrials	3.98%
Construction	3.58%
Construction and Engineering	3.58%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company	Last Price	7D	1Y	Valuation
FER Ferrovial	€36.72	3.7% +€952.3m	25.0%	PE61.3x
FCC Fomento de Construcciones y Contratas	€13.56	4.0% +€226.8m	45.0%	PE10x
ACS ACS Actividades de Construcción y Servicios	€39.76	2.1% +€208.5m	27.4%	PE13x
SCYR Sacyr	€3.73	4.3% +€106.9m	26.4%	PS0.6x
OHLA Obrascón Huarte Lain	€0.47	15.6% +€37.3m	-7.4%	PE98.9x

Company

Last Price

Valuation

FER Ferrovial

€36.72

3.7%
+€952.3m

25.0%

PE61.3x

FCC Fomento de Construcciones y Contratas

€13.56

4.0%
+€226.8m

45.0%