Elecnor, S.A.'s (BME:ENO) Business Is Trailing The Industry But Its Shares Aren't
Dec 23
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Spanish (IBEX) Construction Industry Analysis
UpdatedDec 24, 2025
DataAggregated Company Financials
Companies9
- 7D-2.0%
- 3M17.2%
- 1Y46.5%
- YTD44.1%
Over the last 7 days, the Construction industry has dropped 2.0%, driven by Ferrovial declining 2.9%. Over the past 12 months, the industry was up 47%. As for the next few years, earnings are forecast to decline by 15% 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 |
|---|---|---|---|---|---|---|
| Thu, 25 Dec 2025 | €68.0b | €72.3b | €4.2b | 19x | 16.1x | 0.9x |
| Sat, 22 Nov 2025 | €64.0b | €72.3b | €4.2b | 19.4x | 15.2x | 0.9x |
| Mon, 20 Oct 2025 | €63.5b | €70.6b | €4.2b | 20.8x | 15.2x | 0.9x |
| Wed, 17 Sep 2025 | €58.5b | €70.6b | €4.2b | 25.7x | 14x | 0.8x |
| Fri, 15 Aug 2025 | €56.5b | €70.6b | €4.2b | 25.8x | 13.5x | 0.8x |
| Sun, 13 Jul 2025 | €53.0b | €67.8b | €4.0b | 20.8x | 13.2x | 0.8x |
| Tue, 10 Jun 2025 | €52.7b | €67.8b | €4.0b | 20.6x | 13.1x | 0.8x |
| Thu, 08 May 2025 | €51.0b | €64.7b | €4.0b | 22.8x | 12.6x | 0.8x |
| Sat, 05 Apr 2025 | €45.8b | €23.6b | €3.9b | 20.4x | 11.9x | 1.9x |
| Mon, 03 Mar 2025 | €50.0b | €65.0b | €4.0b | 19.7x | 12.4x | 0.8x |
| Wed, 29 Jan 2025 | €47.5b | €61.6b | €1.4b | 30.6x | 33.9x | 0.8x |
| Fri, 27 Dec 2024 | €46.3b | €61.6b | €1.4b | 28.9x | 33.1x | 0.8x |
| Sun, 24 Nov 2024 | €43.0b | €61.5b | €1.4b | 36.6x | 29.9x | 0.7x |
| Tue, 22 Oct 2024 | €49.5b | €69.4b | €2.0b | 24.9x | 24.3x | 0.7x |
| Thu, 19 Sep 2024 | €49.5b | €69.4b | €2.0b | 26x | 24.3x | 0.7x |
| Sat, 17 Aug 2024 | €47.0b | €69.4b | €2.0b | 24.2x | 23x | 0.7x |
| Mon, 15 Jul 2024 | €49.6b | €67.5b | €1.8b | 26.7x | 28.1x | 0.7x |
| Wed, 12 Jun 2024 | €48.2b | €67.4b | €1.8b | 27.4x | 27.3x | 0.7x |
| Fri, 10 May 2024 | €47.0b | €66.6b | €1.7b | 27.8x | 27x | 0.7x |
| Sun, 07 Apr 2024 | €45.9b | €66.6b | €1.7b | 26x | 26.4x | 0.7x |
| Tue, 05 Mar 2024 | €45.1b | €67.3b | €1.8b | 20.4x | 25.3x | 0.7x |
| Thu, 01 Feb 2024 | €45.6b | €66.6b | €1.5b | 15.9x | 29.5x | 0.7x |
| Sat, 30 Dec 2023 | €45.7b | €66.6b | €1.5b | 17.4x | 29.6x | 0.7x |
| Mon, 27 Nov 2023 | €41.9b | €66.6b | €1.5b | 15.2x | 27.1x | 0.6x |
| Wed, 25 Oct 2023 | €37.8b | €66.5b | €1.5b | 13.3x | 26x | 0.6x |
| Fri, 22 Sep 2023 | €40.0b | €66.5b | €1.5b | 14.3x | 27.5x | 0.6x |
| Sun, 20 Aug 2023 | €38.5b | €66.5b | €1.5b | 14.2x | 26.4x | 0.6x |
| Tue, 18 Jul 2023 | €38.0b | €64.6b | €1.2b | 16.2x | 31.3x | 0.6x |
| Thu, 15 Jun 2023 | €37.0b | €64.6b | €1.2b | 13.5x | 30.4x | 0.6x |
| Sat, 13 May 2023 | €37.0b | €63.1b | €1.2b | 14.3x | 31.7x | 0.6x |
| Mon, 10 Apr 2023 | €34.9b | €63.0b | €1.2b | 12.6x | 30x | 0.6x |
| Wed, 08 Mar 2023 | €34.7b | €62.9b | €1.2b | 12.6x | 29.8x | 0.6x |
| Fri, 03 Feb 2023 | €34.8b | €59.6b | €582.2m | 13x | 59.7x | 0.6x |
| Sun, 01 Jan 2023 | €32.1b | €59.6b | €582.2m | 11.8x | 55.1x | 0.5x |
Price to Earnings Ratio
55.1x
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 16.1x which is lower than its 3-year average PE of 26.2x.
- The industry is trading close to its 3-year average PS ratio of 0.70x.
Past Earnings Growth
- The earnings for companies in the Construction industry have grown 94% per year over the last three years.
- Revenues for these companies have grown 6.6% 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 | 1.63% | |
| Industrials | -0.53% | |
| Construction | -2.04% | |
| Construction and Engineering | -2.04% | |
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 | €84.20 | 1.1% +€230.0m | 75.9% | PE24.5x | |
| SCYR Sacyr | €3.83 | 1.5% +€45.9m | 22.8% | PE29.8x | |
| GSJ Grupo Empresarial San José | €7.63 | 2.3% +€11.1m | 45.1% | PE13.3x | |
| ENO Elecnor | €24.25 | 0.4% +€8.5m | 55.8% | PS0.5x | |
| OHLA Obrascón Huarte Lain | €0.35 | 1.5% +€6.9m | 2.8% | PS0.1x |
