Header cover image

Spanish (IBEX) Industrials Sector Analysis

UpdatedNov 10, 2025
DataAggregated Company Financials
Companies29
  • 7D-2.1%
  • 3M5.0%
  • 1Y31.1%
  • YTD24.7%

Over the last 7 days, the Industrials industry has dropped 1.2%, driven by Aena S.M.E declining 6.8%. In contrast, ACS Actividades de Construcción y Servicios has gained 6.0%. In the past year, the industry has gained 32%. As for the next few years, earnings are forecast to decline by 9.2% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 10 Nov 2025€117.9b€115.7b€7.1b15.3x16.5x1x
Wed, 08 Oct 2025€116.1b€115.5b€7.0b15.7x16.5x1x
Fri, 05 Sep 2025€112.9b€115.6b€7.1b17.1x15.9x1x
Sun, 03 Aug 2025€106.9b€115.5b€7.1b16.3x15x0.9x
Tue, 01 Jul 2025€107.4b€112.2b€7.0b17.3x15.4x1x
Thu, 29 May 2025€109.4b€112.2b€7.0b17.8x15.7x1x
Sat, 26 Apr 2025€99.9b€108.5b€6.9b16.5x14.4x0.9x
Mon, 24 Mar 2025€99.9b€108.7b€7.2b13.7x13.8x0.9x
Wed, 19 Feb 2025€101.6b€104.8b€4.7b15.3x21.7x1x
Fri, 17 Jan 2025€93.0b€104.7b€4.7b13.6x19.9x0.9x
Sun, 15 Dec 2024€94.6b€105.1b€4.7b13.7x20.3x0.9x
Tue, 12 Nov 2024€91.9b€105.5b€4.7b13.7x19.5x0.9x
Thu, 10 Oct 2024€93.3b€104.9b€4.6b15.1x20.4x0.9x
Sat, 07 Sep 2024€89.3b€104.9b€4.6b14x19.6x0.9x
Mon, 05 Aug 2024€86.2b€104.9b€4.6b13.6x18.9x0.8x
Wed, 03 Jul 2024€90.7b€102.3b€4.2b13.7x21.5x0.9x
Fri, 31 May 2024€90.4b€103.4b€4.3b14.3x21.1x0.9x
Sun, 28 Apr 2024€85.2b€101.2b€4.1b13.7x21x0.8x
Tue, 26 Mar 2024€88.3b€101.4b€4.1b14.9x21.6x0.9x
Thu, 22 Feb 2024€85.2b€101.0b€3.6b16.4x23.6x0.8x
Sat, 20 Jan 2024€95.9b€110.8b€2.2b15.9x44.1x0.9x
Mon, 18 Dec 2023€95.5b€110.8b€2.2b16.5x43.9x0.9x
Wed, 15 Nov 2023€87.1b€110.2b€2.1b14.3x42x0.8x
Fri, 13 Oct 2023€85.4b€110.2b€1.9b13.6x43.8x0.8x
Sun, 10 Sep 2023€86.8b€110.2b€2.0b14.1x44.4x0.8x
Tue, 08 Aug 2023€88.1b€110.1b€2.0b14.9x44.4x0.8x
Thu, 06 Jul 2023€86.2b€107.5b€1.6b17.1x54x0.8x
Sat, 03 Jun 2023€85.6b€107.4b€1.6b17.5x53.6x0.8x
Mon, 01 May 2023€85.3b€105.3b€1.6b17.7x54.7x0.8x
Wed, 29 Mar 2023€81.1b€104.8b€1.4b16.6x58.8x0.8x
Fri, 24 Feb 2023€81.6b€100.6b€500.2m17.8x163.1x0.8x
Sun, 22 Jan 2023€80.5b€100.2b€974.4m16.9x82.6x0.8x
Tue, 20 Dec 2022€74.7b€100.2b€975.5m16.6x76.5x0.7x
Thu, 17 Nov 2022€73.8b€99.3b€1.3b16.7x58.2x0.7x
Price to Earnings Ratio

58.2x


Total Market Cap: €73.8bTotal Earnings: €1.3bTotal Revenue: €99.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Industrials Sector Price to Earnings3Y Average 35.9x202320242025
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 16.5x which is lower than its 3-year average PE of 36.0x.
  • The 3-year average PS ratio of 0.87x is lower than the industry's current PS ratio of 1.0x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 79% per year over the last three years.
  • Revenues for these companies have grown 5.3% 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-0.58%
Industrials-2.08%
Electrical17.20%
Logistics1.80%
Construction0.70%
Building0%0
Transportation-1.59%
Professional Services-2.75%
Commercial Services-3.57%
Machinery-4.62%
Infrastructure-7.26%
Trade Distributors-8.00%
Industry PE
  • Investors are most optimistic about the Professional Services industry which is trading above its 3-year average PE ratio of 7.7x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the Transportation industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 7.7x.
Forecasted Growth
  • Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 46% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Construction industry is expected to see its earnings decline by 24% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
ACS ACS Actividades de Construcción y Servicios€75.502.9%
+€549.5m
76.4%PE22.4x
FER Ferrovial€54.200.6%
+€230.3m
48.0%PE11.7x
ART Arteche Lantegi Elkartea€21.0015.4%
+€159.6m
247.1%PE35.7x
LOG Logista Integral€29.442.3%
+€87.1m
0.1%PE13.8x
TLGO Talgo€2.948.7%
+€28.9m
-14.2%PS0.6x

Latest News