Is It Time To Consider Buying Elecnor, S.A. (BME:ENO)?
Dec 25
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Spanish (IBEX) Industrials Sector Analysis
UpdatedDec 31, 2024
DataAggregated Company Financials
Companies31
- 7D0.8%
- 3M1.5%
- 1Y13.8%
- YTD12.2%
The Industrials industry has stayed flat over the last week. As for the the longer term, the industry is up 14% over the past 12 months. Looking forward, earnings are forecast to grow by 7.7% annually.
Sector Valuation and Performance
Has the Spanish Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 31 Dec 2024 | €93.3b | €104.7b | €4.7b | 13.3x | 19.9x | 0.9x |
| Thu, 28 Nov 2024 | €93.9b | €107.1b | €4.7b | 13.6x | 20x | 0.9x |
| Sat, 26 Oct 2024 | €93.9b | €104.9b | €4.6b | 13.4x | 20.6x | 0.9x |
| Mon, 23 Sep 2024 | €93.2b | €104.9b | €4.6b | 14.7x | 20.4x | 0.9x |
| Wed, 21 Aug 2024 | €88.0b | €104.9b | €4.6b | 13.9x | 19.3x | 0.8x |
| Fri, 19 Jul 2024 | €92.1b | €102.3b | €4.2b | 13.9x | 21.8x | 0.9x |
| Sun, 16 Jun 2024 | €90.4b | €102.3b | €4.2b | 14x | 21.4x | 0.9x |
| Tue, 14 May 2024 | €88.2b | €101.4b | €4.2b | 15.4x | 21.1x | 0.9x |
| Thu, 11 Apr 2024 | €85.7b | €101.4b | €4.1b | 15.2x | 21x | 0.8x |
| Sat, 09 Mar 2024 | €86.5b | €102.4b | €4.4b | 16.5x | 19.8x | 0.8x |
| Mon, 05 Feb 2024 | €95.3b | €110.8b | €2.2b | 16.6x | 43.8x | 0.9x |
| Wed, 03 Jan 2024 | €97.0b | €110.8b | €2.2b | 16.3x | 44.6x | 0.9x |
| Fri, 01 Dec 2023 | €91.5b | €110.8b | €2.2b | 15.9x | 42.1x | 0.8x |
| Sun, 29 Oct 2023 | €82.2b | €110.1b | €1.9b | 13x | 42.4x | 0.7x |
| Tue, 26 Sep 2023 | €85.4b | €110.3b | €2.0b | 13.8x | 43.7x | 0.8x |
| Thu, 24 Aug 2023 | €86.6b | €110.1b | €2.0b | 15x | 43.6x | 0.8x |
| Sat, 22 Jul 2023 | €87.1b | €107.6b | €1.6b | 17.4x | 54.5x | 0.8x |
| Mon, 19 Jun 2023 | €86.3b | €107.6b | €1.6b | 16.7x | 53.9x | 0.8x |
| Wed, 17 May 2023 | €85.3b | €107.1b | €1.6b | 17.2x | 54.2x | 0.8x |
| Fri, 14 Apr 2023 | €83.8b | €105.1b | €1.4b | 17.4x | 60.5x | 0.8x |
| Sun, 12 Mar 2023 | €83.7b | €104.8b | €1.4b | 17.7x | 60.6x | 0.8x |
| Tue, 07 Feb 2023 | €82.1b | €100.4b | €493.4m | 17.8x | 166.4x | 0.8x |
| Thu, 05 Jan 2023 | €76.7b | €100.2b | €974.4m | 15.9x | 78.7x | 0.8x |
| Sat, 03 Dec 2022 | €76.5b | €100.0b | €950.7m | 17.6x | 80.5x | 0.8x |
| Mon, 31 Oct 2022 | €72.0b | €96.0b | €636.4m | 16.7x | 113.1x | 0.7x |
| Wed, 28 Sep 2022 | €68.9b | €95.7b | €556.8m | 15.3x | 123.7x | 0.7x |
| Fri, 26 Aug 2022 | €75.3b | €95.5b | €544.1m | 16.4x | 138.4x | 0.8x |
| Sun, 24 Jul 2022 | €75.8b | €91.5b | -€103,200,726.00 | 20.2x | -734.3x | 0.8x |
| Tue, 21 Jun 2022 | €76.5b | €91.5b | -€79,758,344.00 | 15.3x | -959.5x | 0.8x |
| Thu, 19 May 2022 | €75.6b | €89.1b | -€154,516,344.00 | 17.1x | -489.5x | 0.8x |
| Sat, 16 Apr 2022 | €82.2b | €89.1b | €147.4m | 20x | 558x | 0.9x |
| Mon, 14 Mar 2022 | €79.9b | €88.9b | €114.8m | 20.1x | 695.7x | 0.9x |
| Wed, 09 Feb 2022 | €81.9b | €95.8b | €530.3m | 21.8x | 154.4x | 0.9x |
| Fri, 07 Jan 2022 | €89.7b | €96.4b | €957.6m | 25.1x | 93.7x | 0.9x |
Price to Earnings Ratio
93.7x
Current Industry PE
- Investors are pessimistic on the Spanish Industrials 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 20.0x which is higher than its 3-year average PE of -7.5x.
- The industry is trading close to its 3-year average PS ratio of 0.83x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 73% per year over the last three years.
- Revenues for these companies have grown 2.8% 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 sector?
| ES Market | 0.75% | |
| Industrials | 0.83% | |
| Transportation | 2.60% | |
| Construction | 1.64% | |
| Trade Distributors | 0.80% | |
| Infrastructure | 0.40% | |
| Logistics | 0.068% | |
| Aerospace & Defense | 0% | |
| Building | 0% | |
| Industrials | 0% | |
| Airlines | 0% | |
| Marine and Shipping | 0% | |
| Commercial Services | -0.14% | |
| Machinery | -1.08% | |
| Electrical | -3.72% | |
| Professional Services | -5.04% | |
Industry PE
- Investors are most optimistic about the Construction industry even though it's trading below its 3-year average PE ratio of 37.9x.
- Analysts are expecting annual earnings growth of 7.8%, which is lower than the prior year's growth of 19.7% per year.
Forecasted Growth
- Analysts are most optimistic on the Transportation industry, expecting annual earnings growth of 42% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Logistics industry is expected to see its earnings growth to stay flat over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FER Ferrovial | €40.66 | 1.5% +€436.7m | 23.1% | PE40.2x | |
| ACS ACS Actividades de Construcción y Servicios | €47.92 | 1.1% +€137.5m | 19.3% | PE15.1x | |
| AENA Aena S.M.E | €199.10 | 0.4% +€120.0m | 21.3% | PE15.4x | |
| ENO Elecnor | €16.02 | 6.2% +€79.6m | -18.1% | PE29.7x | |
| SCYR Sacyr | €3.14 | 2.7% +€63.5m | 0.6% | PS0.5x |
