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Spanish (IBEX) Industrials Sector Analysis

UpdatedFeb 28, 2026
DataAggregated Company Financials
Companies29
  • 7D0.9%
  • 3M15.0%
  • 1Y42.9%
  • YTD14.5%

Ferrovial is up 3.1%, leading the way for the Industrials industry, which has gained 1.7%. During this same period, the Fluidra underperformed, falling 7.1%. This means that the industry has gained 43% over the past year. Looking forward, earnings are forecast to grow by 9.9% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 28 Feb 2026€142.4b€119.1b€4.9b16.2x29.4x1.2x
Mon, 26 Jan 2026€130.8b€117.4b€7.2b14.2x18.2x1.1x
Wed, 24 Dec 2025€124.1b€117.4b€7.2b13.9x17.3x1.1x
Fri, 21 Nov 2025€120.3b€117.5b€7.2b13.7x16.8x1x
Sun, 19 Oct 2025€119.4b€115.6b€7.0b16x17x1x
Tue, 16 Sep 2025€116.5b€115.6b€7.1b17.6x16.4x1x
Thu, 14 Aug 2025€113.0b€115.6b€7.1b17.5x15.9x1x
Sat, 12 Jul 2025€107.4b€112.2b€7.0b17.3x15.4x1x
Mon, 09 Jun 2025€109.6b€112.2b€7.0b17.4x15.7x1x
Wed, 07 May 2025€105.0b€108.6b€6.9b17.5x15.1x1x
Fri, 04 Apr 2025€99.7b€108.5b€6.9b16x14.4x0.9x
Sun, 02 Mar 2025€100.0b€108.8b€7.5b13.3x13.3x0.9x
Tue, 28 Jan 2025€96.2b€104.7b€4.7b13.5x20.6x0.9x
Thu, 26 Dec 2024€93.2b€104.7b€4.7b13.5x19.9x0.9x
Sat, 23 Nov 2024€92.1b€107.1b€4.7b13.5x19.6x0.9x
Mon, 21 Oct 2024€95.4b€104.9b€4.6b13.6x20.9x0.9x
Wed, 18 Sep 2024€93.0b€104.9b€4.6b14.5x20.4x0.9x
Fri, 16 Aug 2024€87.8b€104.9b€4.6b13.3x19.2x0.8x
Sun, 14 Jul 2024€92.8b€102.3b€4.2b13.8x22x0.9x
Tue, 11 Jun 2024€91.2b€102.2b€4.2b14.4x21.6x0.9x
Thu, 09 May 2024€87.5b€101.3b€4.2b14.6x21x0.9x
Sat, 06 Apr 2024€86.4b€101.4b€4.1b15.3x21.2x0.9x
Mon, 04 Mar 2024€85.3b€102.0b€4.1b16.1x20.6x0.8x
Wed, 31 Jan 2024€96.1b€110.8b€2.2b16.8x44.2x0.9x
Fri, 29 Dec 2023€95.5b€110.8b€2.2b16.2x44x0.9x
Sun, 26 Nov 2023€90.5b€110.8b€2.2b15.7x41.6x0.8x
Tue, 24 Oct 2023€82.8b€110.2b€1.9b13.2x42.5x0.8x
Thu, 21 Sep 2023€87.2b€110.3b€2.0b14.3x44.6x0.8x
Sat, 19 Aug 2023€86.5b€110.1b€2.0b14.8x43.6x0.8x
Mon, 17 Jul 2023€85.7b€107.6b€1.6b17.4x53.6x0.8x
Wed, 14 Jun 2023€85.2b€107.4b€1.6b16.5x53.3x0.8x
Fri, 12 May 2023€85.4b€105.9b€1.6b17.1x54x0.8x
Sun, 09 Apr 2023€83.1b€105.1b€1.4b17.3x60x0.8x
Tue, 07 Mar 2023€83.9b€104.8b€1.4b18.1x61.2x0.8x
Price to Earnings Ratio

61.2x


Total Market Cap: €83.9bTotal Earnings: €1.4bTotal Revenue: €104.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Industrials Sector Price to Earnings3Y Average 28.3x202420252026
Current Industry PE
  • Investors are relatively neutral on the Spanish Industrials industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 28.4x.
  • The 3-year average PS ratio of 0.90x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
  • The earnings for companies in the Industrials industry have grown 52% per year over the last three years.
  • Revenues for these companies have grown 4.1% 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 Market1.05%
Industrials0.91%
Electrical9.69%
Construction2.68%
Commercial Services0.34%
Building0%0
Trade Distributors-0.66%
Transportation-0.81%
Infrastructure-1.22%
Professional Services-1.98%
Logistics-3.82%
Machinery-4.34%
Industry PE
  • Investors are most optimistic about the Construction industry which is trading above its 3-year average PE ratio of 23.8x.
    • Analysts are expecting annual earnings growth of 11.2%, which is higher than its past year's earnings growth of 8.5% per year.
  • 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 7.9x.
Forecasted Growth
  • Analysts are most optimistic on the Trade Distributors industry, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings decline of 30% per year.
  • In contrast, the Infrastructure industry is expected to see its earnings grow by 3.6% 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€63.162.3%
+€1.1b
47.5%PE52.4x
ACS ACS Actividades de Construcción y Servicios€109.603.4%
+€920.0m
111.2%PE29.5x
ART Arteche Lantegi Elkartea€25.4010.4%
+€136.8m
234.2%PE43.2x
SCYR Sacyr€4.543.3%
+€116.8m
34.6%PE35.7x
SOL Soltec Power Holdings€0.7838.8%
+€99.1m
n/aPS1.7x

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