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Spanish (IBEX) Market Analysis & Valuation

UpdatedJun 07, 2025
DataAggregated Company Financials
Companies247
  • 7D0.8%
  • 3M7.1%
  • 1Y19.9%
  • YTD18.8%

The Healthcare sector gained 3.7% while the market remained flat over the last week. More promisingly, the market is up 20% over the past year. Looking forward, earnings are forecast to grow by 5.3% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

Has the Spanish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Jun 2025€929.5b€589.1b€64.7b19.2x14.4x1.6x
Mon, 05 May 2025€885.0b€583.8b€63.4b18.7x14x1.5x
Wed, 02 Apr 2025€874.5b€581.2b€62.8b19x13.9x1.5x
Fri, 28 Feb 2025€872.7b€579.6b€60.0b20x14.5x1.5x
Sun, 26 Jan 2025€795.0b€571.9b€56.7b19.5x14x1.4x
Tue, 24 Dec 2024€769.4b€573.6b€57.2b19.1x13.4x1.3x
Thu, 21 Nov 2024€783.2b€577.1b€58.4b19.1x13.4x1.4x
Sat, 19 Oct 2024€809.2b€571.8b€56.0b19x14.5x1.4x
Mon, 16 Sep 2024€784.6b€571.7b€56.0b19.5x14x1.4x
Wed, 14 Aug 2024€734.5b€570.8b€56.0b19.3x13.1x1.3x
Fri, 12 Jul 2024€762.0b€564.8b€53.6b17.5x14.2x1.3x
Sun, 09 Jun 2024€777.2b€563.9b€53.3b17.5x14.6x1.4x
Tue, 07 May 2024€741.6b€564.1b€53.2b16.2x13.9x1.3x
Thu, 04 Apr 2024€733.4b€559.9b€50.6b16.2x14.5x1.3x
Sat, 02 Mar 2024€677.9b€558.4b€51.2b15.2x13.2x1.2x
Mon, 29 Jan 2024€677.2b€557.6b€53.9b15x12.6x1.2x
Wed, 27 Dec 2023€690.1b€557.5b€54.0b15.3x12.8x1.2x
Fri, 24 Nov 2023€675.0b€560.2b€53.5b15.4x12.6x1.2x
Sun, 22 Oct 2023€623.4b€570.4b€51.4b14.5x12.1x1.1x
Tue, 19 Sep 2023€653.6b€569.4b€51.2b14.9x12.8x1.1x
Thu, 17 Aug 2023€640.4b€569.3b€51.2b15.5x12.5x1.1x
Sat, 15 Jul 2023€651.5b€577.6b€50.9b17.1x12.8x1.1x
Mon, 12 Jun 2023€644.1b€577.1b€51.0b17.1x12.6x1.1x
Wed, 10 May 2023€635.4b€565.5b€50.7b18.2x12.5x1.1x
Fri, 07 Apr 2023€644.3b€561.1b€49.8b17.5x12.9x1.1x
Sun, 05 Mar 2023€650.9b€563.1b€49.5b17.8x13.2x1.2x
Tue, 31 Jan 2023€619.2b€522.8b€42.6b17.8x14.5x1.2x
Thu, 29 Dec 2022€570.1b€522.8b€42.5b16.1x13.4x1.1x
Sat, 26 Nov 2022€581.5b€521.2b€43.8b17.3x13.3x1.1x
Mon, 24 Oct 2022€539.0b€517.0b€43.2b16.1x12.5x1x
Wed, 21 Sep 2022€566.0b€515.2b€43.1b15.1x13.1x1.1x
Fri, 19 Aug 2022€605.2b€514.2b€42.9b16.9x14.1x1.2x
Sun, 17 Jul 2022€581.2b€488.7b€43.9b15.6x13.2x1.2x
Tue, 14 Jun 2022€594.0b€488.5b€43.8b17x13.5x1.2x
Price to Earnings Ratio

13.5x


Total Market Cap: €594.0bTotal Earnings: €43.8bTotal Revenue: €488.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Market Price to Earnings3Y Average 13.4x202320242025
Current Market PE
  • Investors are relatively neutral on the Spanish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 13.4x.
Past Earnings Growth
  • The earnings for Spanish listed companies have grown 14% per year over the last three years.
  • Revenues for these companies have grown 6.4% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Spanish Market?

ES Market0.79%
Healthcare3.73%
Materials2.95%
Energy1.54%
Consumer Staples1.46%
Consumer Discretionary1.12%
Industrials0.96%
Financials0.87%
Utilities0.30%
Real Estate-0.12%
Telecom-0.31%
Tech-2.00%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 37.5x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 26.9%, which is higher than its past year's earnings growth of 10.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 44% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 11% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
CABK CaixaBank€7.672.4%
+€1.3b
45.8%PB1.4xFinancials
ITX Industria de Diseño Textil€48.130.9%
+€1.3b
5.4%PE25.6xConsumer Discretionary
AENA Aena S.M.E€242.602.4%
+€840.0m
31.3%PE18.4xIndustrials
AMS Amadeus IT Group€75.002.2%
+€713.9m
10.9%PE25.5xConsumer Discretionary
SAN Banco Santander€7.080.7%
+€598.5m
49.5%PB1xFinancials
See more
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Market Insights

It’s time for an update on renewable energy stocks, as well as nuclear stocks, which have continued to gain momentum. Specifically, we are having a look at the state of the clean energy transition, what it means for the sector, and how to find opportunities.

Latest News

SAN

€7.08

Banco Santander

7D

0.7%

1Y

49.5%

ACS

€57.55

ACS Actividades de Construcción y Servicios

7D

-0.5%

1Y

39.5%

IBE

€16.01

Iberdrola

7D

-0.4%

1Y

31.5%

RED

€17.87

Redeia Corporación

7D

-1.8%

1Y

5.2%

AMS

€75.00

Amadeus IT Group

7D

2.2%

1Y

10.9%

MRL

€10.76

MERLIN Properties SOCIMI

7D

-1.3%

1Y

-1.6%

IDR

€35.04

Indra Sistemas

7D

-3.3%

1Y

62.5%

TEF

€4.69

Telefónica

7D

-0.5%

1Y

7.1%

GRF

€10.30

Grifols

7D

8.8%

1Y

10.2%

CABK

€7.67

CaixaBank

7D

2.4%

1Y

45.8%