ACS Actividades de Construcción y Servicios (BME:ACS) Could Be Struggling To Allocate Capital
Jul 16
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Spanish (IBEX) Construction Industry Analysis
UpdatedJul 19, 2025
DataAggregated Company Financials
Companies9
- 7D2.0%
- 3M14.6%
- 1Y25.2%
- YTD14.1%
Over the last 7 days, the Construction industry has risen 1.5%, driven by gains from ACS Actividades de Construcción y Servicios of 3.6%. This means that the industry has gained 24% over the past year. As for the next few years, earnings are forecast to decline by 27% per annum.
Industry Valuation and Performance
Has the Spanish Construction Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 19 Jul 2025 | €54.1b | €67.8b | €4.0b | 21.2x | 13.4x | 0.8x |
| Mon, 16 Jun 2025 | €52.3b | €67.8b | €4.0b | 20.7x | 13x | 0.8x |
| Wed, 14 May 2025 | €51.6b | €64.7b | €4.0b | 20.6x | 12.8x | 0.8x |
| Fri, 11 Apr 2025 | €45.7b | €64.6b | €4.0b | 20.3x | 11.3x | 0.7x |
| Sun, 09 Mar 2025 | €48.4b | €64.6b | €4.0b | 20.1x | 12x | 0.7x |
| Tue, 04 Feb 2025 | €47.9b | €61.6b | €1.4b | 30.6x | 34.2x | 0.8x |
| Thu, 02 Jan 2025 | €46.7b | €61.6b | €1.4b | 29.8x | 33.3x | 0.8x |
| Sat, 30 Nov 2024 | €44.6b | €61.6b | €1.4b | 37.8x | 31.9x | 0.7x |
| Mon, 28 Oct 2024 | €48.6b | €69.4b | €2.0b | 24.7x | 23.9x | 0.7x |
| Wed, 25 Sep 2024 | €49.9b | €69.4b | €2.0b | 26.1x | 24.5x | 0.7x |
| Fri, 23 Aug 2024 | €47.5b | €69.4b | €2.0b | 26.2x | 23.3x | 0.7x |
| Sun, 21 Jul 2024 | €49.3b | €67.5b | €1.8b | 27.9x | 27.9x | 0.7x |
| Tue, 18 Jun 2024 | €47.6b | €67.5b | €1.8b | 27.2x | 26.9x | 0.7x |
| Thu, 16 May 2024 | €49.0b | €66.6b | €1.7b | 28.6x | 28.1x | 0.7x |
| Sat, 13 Apr 2024 | €45.5b | €66.6b | €1.7b | 26.4x | 26.1x | 0.7x |
| Mon, 11 Mar 2024 | €45.7b | €67.7b | €2.0b | 19.9x | 22.5x | 0.7x |
| Wed, 07 Feb 2024 | €45.4b | €66.6b | €1.5b | 15.6x | 29.4x | 0.7x |
| Fri, 05 Jan 2024 | €46.5b | €66.6b | €1.5b | 17.5x | 30.1x | 0.7x |
| Sun, 03 Dec 2023 | €43.0b | €66.6b | €1.5b | 15.7x | 27.8x | 0.6x |
| Tue, 31 Oct 2023 | €38.4b | €66.5b | €1.5b | 13.4x | 26.3x | 0.6x |
| Thu, 28 Sep 2023 | €39.4b | €66.5b | €1.5b | 13.6x | 27x | 0.6x |
| Sat, 26 Aug 2023 | €38.5b | €66.5b | €1.5b | 14.3x | 26.4x | 0.6x |
| Mon, 24 Jul 2023 | €39.0b | €64.6b | €1.2b | 16.2x | 32.1x | 0.6x |
| Wed, 21 Jun 2023 | €58.6b | €64.6b | €1.2b | 13.2x | 48.2x | 0.9x |
| Fri, 19 May 2023 | €37.1b | €64.3b | €1.2b | 13.9x | 30.8x | 0.6x |
| Sun, 16 Apr 2023 | €35.6b | €63.0b | €1.2b | 13.2x | 30.6x | 0.6x |
| Tue, 14 Mar 2023 | €33.8b | €63.0b | €1.2b | 12.2x | 29x | 0.5x |
| Thu, 09 Feb 2023 | €34.5b | €59.6b | €582.2m | 13.1x | 59.2x | 0.6x |
| Sat, 07 Jan 2023 | €33.0b | €59.6b | €582.2m | 12x | 56.7x | 0.6x |
| Mon, 05 Dec 2022 | €33.4b | €59.6b | €582.2m | 12.3x | 57.4x | 0.6x |
| Wed, 02 Nov 2022 | €31.2b | €56.8b | €842.4m | 11.7x | 37.1x | 0.5x |
| Fri, 30 Sep 2022 | €29.1b | €56.8b | €842.4m | 11.3x | 34.5x | 0.5x |
| Sun, 28 Aug 2022 | €31.5b | €56.7b | €839.7m | 12.5x | 37.6x | 0.6x |
| Tue, 26 Jul 2022 | €32.3b | €53.9b | €464.6m | 19.9x | 69.4x | 0.6x |
Price to Earnings Ratio
69.4x
Current Industry PE
- Investors are pessimistic on the Spanish Construction 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 13.3x which is lower than its 3-year average PE of 30.1x.
- The industry is trading close to its 3-year average PS ratio of 0.66x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 105% per year over the last three years.
- Revenues for these companies have grown 7.9% 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 industry?
| ES Market | -0.34% | |
| Industrials | 0.93% | |
| Construction | 2.02% | |
| Construction and Engineering | 2.02% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ACS ACS Actividades de Construcción y Servicios | €58.80 | 4.2% +€598.8m | 50.8% | PE17.8x | |
| FER Ferrovial | €45.55 | 1.1% +€355.7m | 19.1% | PE10.3x | |
| ENO Elecnor | €23.40 | 4.7% +€88.9m | 13.3% | PS0.5x | |
| GSJ Grupo Empresarial San José | €6.32 | 5.0% +€19.5m | 49.8% | PE12.3x | |
| SCYR Sacyr | €3.58 | 0.5% +€14.2m | 9.6% | PE24.7x |
