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Spanish (IBEX) Construction and Engineering Industry Analysis

UpdatedFeb 23, 2026
DataAggregated Company Financials
Companies9
  • 7D1.6%
  • 3M17.5%
  • 1Y62.2%
  • YTDn/a

In the last week, the Construction and Engineering industry is up 3.1%, with ACS Actividades de Construcción y Servicios up 7.8%. In the last 12 months, the industry was up 60%. As for the next few years, earnings are forecast to decline by 12% per annum.

Industry Valuation and Performance

Has the Spanish Construction and Engineering Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Feb 2026€78.9b€72.3b€4.2b23.4x18.7x1.1x
Wed, 21 Jan 2026€71.4b€72.3b€4.2b20.5x16.9x1x
Fri, 19 Dec 2025€68.8b€72.3b€4.2b18.9x16.3x1x
Sun, 16 Nov 2025€66.4b€72.3b€4.2b20.1x15.8x0.9x
Tue, 14 Oct 2025€62.5b€70.6b€4.2b21.4x14.9x0.9x
Thu, 11 Sep 2025€58.2b€70.6b€4.2b25.7x13.9x0.8x
Sat, 09 Aug 2025€54.5b€70.6b€4.2b25x13x0.8x
Mon, 07 Jul 2025€52.7b€67.8b€4.0b20.8x13.1x0.8x
Wed, 04 Jun 2025€53.4b€67.8b€4.0b21.1x13.2x0.8x
Fri, 02 May 2025€50.3b€64.6b€4.0b22.5x12.5x0.8x
Sun, 30 Mar 2025€49.4b€64.6b€4.0b20x12.3x0.8x
Tue, 25 Feb 2025€49.0b€61.6b€1.4b35.9x35x0.8x
Thu, 23 Jan 2025€47.4b€61.6b€1.4b31.6x33.9x0.8x
Sat, 21 Dec 2024€45.6b€61.6b€1.4b27.4x32.6x0.7x
Mon, 18 Nov 2024€46.4b€71.0b€2.1b24.7x22.6x0.7x
Wed, 16 Oct 2024€49.5b€69.4b€2.0b24.3x24.3x0.7x
Fri, 13 Sep 2024€47.9b€69.4b€2.0b25.5x23.5x0.7x
Sun, 11 Aug 2024€46.0b€69.4b€2.0b23.8x22.5x0.7x
Tue, 09 Jul 2024€48.7b€67.5b€1.8b26.7x27.5x0.7x
Thu, 06 Jun 2024€49.0b€67.4b€1.8b26.9x27.7x0.7x
Sat, 04 May 2024€45.8b€66.6b€1.7b27.1x26.3x0.7x
Mon, 01 Apr 2024€47.4b€66.6b€1.7b26x27.3x0.7x
Wed, 28 Feb 2024€45.5b€66.6b€1.5b16x29.4x0.7x
Fri, 26 Jan 2024€46.6b€66.6b€1.5b16.6x30.1x0.7x
Sun, 24 Dec 2023€45.6b€66.6b€1.5b17.6x29.5x0.7x
Tue, 21 Nov 2023€41.2b€66.6b€1.5b15.1x26.6x0.6x
Thu, 19 Oct 2023€38.7b€66.5b€1.5b13.5x26.5x0.6x
Sat, 16 Sep 2023€39.7b€66.5b€1.5b14.6x27.3x0.6x
Mon, 14 Aug 2023€39.5b€66.5b€1.5b14.8x27.1x0.6x
Wed, 12 Jul 2023€38.0b€64.6b€1.2b16.4x31.2x0.6x
Fri, 09 Jun 2023€37.0b€64.5b€1.2b13.7x30.5x0.6x
Sun, 07 May 2023€37.0b€63.0b€1.2b13.6x31.7x0.6x
Tue, 04 Apr 2023€34.7b€63.0b€1.2b12.6x29.8x0.6x
Thu, 02 Mar 2023€34.6b€62.5b€2.2b13.9x15.4x0.6x
Price to Earnings Ratio

15.4x


Total Market Cap: €34.6bTotal Earnings: €2.2bTotal Revenue: €62.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Construction and Engineering Industry Price to Earnings3Y Average 23.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Spanish Construction and Engineering 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 18.7x which is lower than its 3-year average PE of 24.0x.
  • The 3-year average PS ratio of 0.73x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Construction and Engineering industry have grown 90% per year over the last three years.
  • Revenues for these companies have grown 5.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Spanish Construction and Engineering compare with similar industries?

ES Market1.61%
Industrials-0.54%
Construction1.60%
Construction and Engineering1.60%
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?

CompanyLast Price7D1YValuation
ACS ACS Actividades de Construcción y Servicios€106.007.8%
+€2.0b		105.6%PE30.9x
FER Ferrovial€61.720.7%
+€316.4m		44.4%PE13.3x
ENO Elecnor€28.701.8%
+€42.3m		77.4%PS0.6x
GSJ Grupo Empresarial San José€9.213.6%
+€20.8m		62.7%PE16x
CLR CLERHP Estructuras€7.082.6%
+€3.2m		68.6%PS8.1x

Latest News

OHLA
€0.38
Obrascón Huarte Lain
7D
-0.8%
1Y
-12.4%
ACS
€106.00
ACS Actividades de Construcción y Servicios
7D
7.8%
1Y
105.6%

ACS: Data Center Hype Will Likely Limit Future Share Upside

Analysts have lifted their price target on ACS Actividades de Construcción y Servicios to about €87 from roughly €83, citing updated assumptions on discount rates, revenue growth and margins, along with recent research highlighting ACS's role as a key contractor in data center construction and a mix of more positive and neutral ratings on the stock. Analyst Commentary Recent research on ACS highlights a split between more optimistic views that focus on data center exposure and more neutral positions that balance growth opportunities with execution and valuation questions.
SCYR
€4.39
Sacyr
7D
-0.2%
1Y
34.3%
ENO
€28.70
Elecnor
7D
1.8%
1Y
77.4%
FER
€61.72
Ferrovial
7D
0.7%
1Y
44.4%

FER: Rising Morgan Stanley Outlook And Buybacks Will Shape Future Returns

Ferrovial's analyst fair value estimate has edged up from €56.98 to €58.39, as analysts factor in updated assumptions on revenue growth, margins and future P/E multiples, alongside a series of recent price target increases from €56 to €64 and then to €70. Analyst Commentary Bullish Takeaways Bullish analysts are lifting their price targets in stages, from €56 to €64 and now to €70.
CLR
€7.08
CLERHP Estructuras
7D
2.6%
1Y
68.6%
GSJ
€9.21
Grupo Empresarial San José
7D
3.6%
1Y
62.7%
GGR
€4.07
Greening Group Global
7D
0.2%
1Y
-29.3%
MDF
€0.18
Duro Felguera
7D
0.6%
1Y
-50.8%

Duro Felguera, S.A. (BME:MDF) Could Be Riskier Than It Looks

Sep 26
Duro Felguera, S.A. (BME:MDF) Could Be Riskier Than It Looks
AI
€0.098
Airtificial Intelligence Structures
7D
1.5%
1Y
-18.3%