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Spanish (IBEX) Industrials Sector Analysis

UpdatedDec 03, 2023
DataAggregated Company Financials
Companies39
  • 7D1.8%
  • 3M6.4%
  • 1Y21.0%
  • YTD21.6%

Over the last 7 days, the Industrials industry has risen 1.8%, driven by gains in Ferrovial and Aena S.M.E of 2.5% and 2.1%, respectively. In the last 12 months, the industry was up 21%. Earnings are forecast to grow by 24% annually.

Sector Valuation and Performance

Has the Spanish Industrials Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 04 Dec 2023€92.1b€110.8b€2.2b15.9x42.4x0.8x
Wed, 01 Nov 2023€83.6b€110.1b€1.9b13.4x43.3x0.8x
Fri, 29 Sep 2023€85.5b€110.2b€1.9b13.8x43.9x0.8x
Sun, 27 Aug 2023€86.5b€110.1b€2.0b15x43.6x0.8x
Tue, 25 Jul 2023€87.0b€107.6b€1.6b16.8x54.4x0.8x
Thu, 22 Jun 2023€107.2b€107.6b€1.6b16.1x66.9x1x
Sat, 20 May 2023€86.1b€107.2b€1.6b17.2x54.3x0.8x
Mon, 17 Apr 2023€84.0b€105.1b€1.4b17.4x60.7x0.8x
Wed, 15 Mar 2023€83.5b€104.9b€1.4b17.3x60.5x0.8x
Fri, 10 Feb 2023€82.7b€100.6b€500.2m17.8x165.4x0.8x
Sun, 08 Jan 2023€77.8b€100.2b€974.4m16.2x79.9x0.8x
Tue, 06 Dec 2022€76.7b€100.0b€950.7m18.6x80.7x0.8x
Thu, 03 Nov 2022€72.5b€96.0b€637.3m17.4x113.8x0.8x
Sat, 01 Oct 2022€69.0b€95.7b€556.8m15.1x124x0.7x
Mon, 29 Aug 2022€74.8b€95.5b€544.1m16.2x137.4x0.8x
Wed, 27 Jul 2022€75.5b€91.8b-€89,674,783.0020.6x-842x0.8x
Fri, 24 Jun 2022€75.0b€91.5b-€79,758,344.0015.4x-940.8x0.8x
Sun, 22 May 2022€75.6b€89.1b-€154,516,344.0017.2x-489.6x0.8x
Tue, 19 Apr 2022€82.2b€89.1b€147.4m20x558x0.9x
Thu, 17 Mar 2022€82.1b€88.9b€114.8m21.3x715.4x0.9x
Sat, 12 Feb 2022€83.7b€96.0b€536.0m22x156.2x0.9x
Mon, 10 Jan 2022€88.3b€96.3b€957.6m24.8x92.2x0.9x
Wed, 08 Dec 2021€85.3b€96.3b€899.8m23.3x94.8x0.9x
Fri, 05 Nov 2021€88.0b€94.9b€828.4m20.3x106.2x0.9x
Sun, 03 Oct 2021€88.6b€94.6b€568.9m21x155.7x0.9x
Tue, 31 Aug 2021€88.3b€94.7b€570.6m18.6x154.8x0.9x
Wed, 07 Jul 2021€90.4b€94.6b€569.7m19.3x158.8x1x
Sat, 10 Apr 2021€91.5b€93.4b€309.4m18.1x295.7x1x
Fri, 01 Jan 2021€89.3b€92.6b€101.7m17.9x878.1x1x
Price to Earnings Ratio

129.2x


Total Market Cap: €85.9bTotal Earnings: €665.1mTotal Revenue: €93.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Industrials Sector Price to Earnings3Y Average 104.2x202120222023
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 42.4x which is lower than its 3-year average PE of 104x.
  • The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 48% per year over the last three years.
  • Revenues for these companies have grown 6.0% 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 Market1.87%
Industrials1.77%
Construction2.61%
Infrastructure2.11%
Commercial Services1.12%
Logistics0.92%
Professional Services0.51%
Electrical0.017%
Aerospace & Defense0%
Building0%
Industrials0%
Airlines0%
Marine and Shipping0%
Transportation0%
Machinery-0.80%
Trade Distributors-2.34%
Industry PE
  • Investors are most optimistic about the Machinery industry which is trading above its 3-year average PE ratio of 22.5x.
    • Analysts are expecting annual earnings growth of 28.7%, which is higher than its past year's earnings decline of 37.0% per year.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 65% over the next 5 years.
  • This is better than its past earnings decline of 1.4% 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?

CompanyLast Price7D1YValuation
FER Ferrovial€31.802.5%
+€557.9m
21.9%PE139.6x
AENA Aena S.M.E€159.902.3%
+€540.0m
27.1%PE17.4x
ACS ACS Actividades de Construcción y Servicios€37.051.8%
+€168.5m
36.4%PE12.8x
FCC Fomento de Construcciones y Contratas€12.362.1%
+€118.7m
41.3%PE16.4x
ENO Elecnor€18.704.8%
+€72.0m
76.4%PE14.9x
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Latest News

FER

€31.80

Ferrovial

7D

2.5%

1Y

21.9%

ENO

€18.70

Elecnor

7D

4.8%

1Y

76.4%

FDR

€18.78

Fluidra

7D

-1.6%

1Y

32.8%

PSG

€1.83

Prosegur Compañía de Seguridad

7D

2.1%

1Y

0.7%

GRI

€1.65

Griñó Ecologic

7D

-1.8%

1Y

-4.1%

LOG

€24.02

Compañía de Distribución Integral Logista Holdings

7D

1.6%

1Y

3.1%

EIDF

€3.56

Energía Innovación y Desarrollo Fotovoltaico

7D

-7.3%

1Y

-83.5%

SCYR

€3.12

Sacyr

7D

2.8%

1Y

16.9%

ETC

€4.61

Energy Solar Tech

7D

-2.5%

1Y

n/a

GAM

€1.25

General de Alquiler de Maquinaria

7D

-0.8%

1Y

2.5%