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Spanish (IBEX) Industrials Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies34
  • 7D2.5%
  • 3M2.0%
  • 1Y-6.5%
  • YTD-11.9%

The Industrials industry is up 2.5% in the last week, with Ferrovial up 3.9%. Meanwhile, Innovative Solutions Ecosystem actually underperformed within the industry, shrinking 6.0% in the last week. However, the industry is down 6.5% over the past year. As for the next few years, earnings are expected to grow by 28% per annum.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022€76.0b€99.9b€1.3b17.6x59.7x0.8x
Thu, 27 Oct 2022€70.9b€95.7b€557.9m16.1x127.1x0.7x
Sat, 24 Sep 2022€69.0b€95.0b€556.8m15.4x123.9x0.7x
Mon, 22 Aug 2022€76.7b€95.5b€544.1m16.6x140.9x0.8x
Wed, 20 Jul 2022€74.4b€91.5b-€103,200,726.0020.2x-720.8x0.8x
Fri, 17 Jun 2022€75.9b€91.5b-€79,758,344.0015.2x-951.2x0.8x
Sun, 15 May 2022€75.9b€89.9b-€10,487,344.0018x-7236.1x0.8x
Tue, 12 Apr 2022€81.3b€88.9b€114.2m19.8x712.1x0.9x
Thu, 10 Mar 2022€79.4b€88.9b€114.8m19.8x691.8x0.9x
Sat, 05 Feb 2022€82.1b€95.8b€530.3m22.2x154.9x0.9x
Mon, 03 Jan 2022€89.1b€96.3b€899.9m23.6x99x0.9x
Wed, 01 Dec 2021€85.0b€95.0b€741.0m23.2x114.7x0.9x
Fri, 29 Oct 2021€91.2b€94.6b€560.5m20.1x162.8x1x
Sun, 26 Sep 2021€89.6b€94.6b€569.6m21x157.3x0.9x
Tue, 24 Aug 2021€89.3b€94.7b€570.6m18.8x156.5x0.9x
Wed, 30 Jun 2021€90.4b€94.6b€569.7m19.3x158.8x1x
Sat, 03 Apr 2021€91.5b€93.4b€309.4m18.1x295.7x1x
Tue, 05 Jan 2021€89.3b€92.6b€101.7m17.9x878.1x1x
Fri, 09 Oct 2020€72.0b€93.1b€664.3m15.9x108.4x0.8x
Thu, 02 Jul 2020€71.0b€94.8b€1.8b16.7x40x0.7x
Sun, 05 Apr 2020€62.3b€100.6b€3.4b13x18.2x0.6x
Wed, 08 Jan 2020€91.2b€100.9b€3.9b17.3x23.2x0.9x
Price to Earnings Ratio

24.9x


Total Market Cap: €89.2bTotal Earnings: €3.6bTotal Revenue: €97.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Industrials Sector Price to Earnings3Y Average 97.5x202020212022
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 59.7x which is lower than its 3-year average PE of 97.6x.
  • The industry is trading close to its 3-year average PS ratio of 0.85x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have declined 29% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

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

ES Market3.27%
Industrials2.50%
Transportation8.33%
Trade Distributors7.42%
Professional Services5.99%
Machinery3.86%
Logistics3.65%
Infrastructure2.99%
Construction2.82%
Commercial Services1.95%
Electrical0.32%
Aerospace & Defense0%
Building0%
Industrials0%
Airlines0%
Marine and Shipping0%
Industry PE
  • Investors are most optimistic about the Construction industry even though it's trading below its 3-year average PE ratio of 45.8x.
    • Analysts expect its future annual earnings growth (14.1%) to be largely in line with prior year's earnings growth.
Forecasted Growth
  • Analysts are most optimistic on the Electrical industry, expecting annual earnings growth of 76% over the next 5 years.
  • However this is lower than its past earnings growth rate of 285% per year.
  • In contrast, the Logistics industry is expected to see its earnings grow by 4.7% 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
FER Ferrovial€25.822.5%
+€642.4m
2.9%PE15x
AENA Aena S.M.E€122.751.0%
+€187.5m
-5.1%PE32.7x
FCC Fomento de Construcciones y Contratas€8.343.2%
+€113.1m
-16.5%PE6.3x
ACS ACS Actividades de Construcción y Servicios€26.50-0.4%
€44.4m
23.0%PS0.2x
APPS Applus Services€6.253.2%
+€26.5m
-18.7%PE21.6x
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Latest News

FCC

€8.34

Fomento de Construcciones y Contratas

7D

3.2%

1Y

-16.5%

FDR

€14.16

Fluidra

7D

0.6%

1Y

-58.0%

GSJ

€4.25

Grupo Empresarial San José

7D

-1.3%

1Y

15.7%

CASH

€0.61

Prosegur Cash

7D

-2.6%

1Y

8.3%

ACS

€26.50

ACS Actividades de Construcción y Servicios

7D

-0.4%

1Y

23.0%

AI

€0.062

Airtificial Intelligence Structures

7D

-1.8%

1Y

-35.5%