Narrative Update • Jun 14

Over the last 7 days, the Infrastructure industry has risen 6.8%, driven by gains from every company within the industry. In the last 12 months, the industry was up 15%. Earnings are forecast to grow by 4.0% annually.
Has the Spanish Infrastructure Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 21 Jun 2026 | €40.1b | €6.5b | €2.2b | 18.5x | 18.5x | 6.2x |
| Tue, 19 May 2026 | €34.4b | €6.5b | €2.2b | 15.9x | 15.9x | 5.3x |
| Thu, 16 Apr 2026 | €39.8b | €6.3b | €2.1b | 18.6x | 18.6x | 6.3x |
| Sat, 14 Mar 2026 | €38.2b | €6.3b | €2.1b | 17.9x | 17.9x | 6.1x |
| Mon, 09 Feb 2026 | €41.5b | €6.2b | €2.1b | 20.1x | 20.1x | 6.7x |
| Wed, 07 Jan 2026 | €37.5b | €6.2b | €2.1b | 18.2x | 18.2x | 6.1x |
| Fri, 05 Dec 2025 | €34.7b | €6.2b | €2.1b | 16.8x | 16.8x | 5.6x |
| Sun, 02 Nov 2025 | €35.3b | €6.2b | €2.1b | 17.1x | 17.1x | 5.7x |
| Tue, 30 Sep 2025 | €34.2b | €6.0b | €2.0b | 16.9x | 16.9x | 5.7x |
| Thu, 28 Aug 2025 | €37.7b | €6.0b | €2.0b | 18.7x | 18.7x | 6.2x |
| Sat, 26 Jul 2025 | €35.3b | €5.9b | €2.0b | 17.9x | 17.9x | 6x |
| Mon, 23 Jun 2025 | €34.2b | €5.9b | €2.0b | 17.3x | 17.3x | 5.8x |
| Wed, 21 May 2025 | €36.4b | €5.9b | €2.0b | 18.4x | 18.4x | 6.2x |
| Fri, 18 Apr 2025 | €32.7b | €5.8b | €1.9b | 16.9x | 16.9x | 5.6x |
| Sun, 16 Mar 2025 | €32.3b | €5.8b | €1.9b | 16.7x | 16.7x | 5.6x |
| Tue, 11 Feb 2025 | €32.7b | €5.7b | €1.9b | 16.8x | 16.8x | 5.8x |
| Thu, 09 Jan 2025 | €30.0b | €5.7b | €1.9b | 15.5x | 15.5x | 5.3x |
| Sat, 07 Dec 2024 | €30.6b | €5.7b | €1.9b | 15.8x | 15.8x | 5.4x |
| Mon, 04 Nov 2024 | €30.9b | €5.7b | €1.9b | 15.9x | 15.9x | 5.4x |
| Wed, 02 Oct 2024 | €29.6b | €5.5b | €1.8b | 16.2x | 16.2x | 5.4x |
| Fri, 30 Aug 2024 | €27.2b | €5.5b | €1.8b | 14.8x | 14.8x | 5x |
| Sun, 28 Jul 2024 | €27.8b | €5.3b | €1.8b | 15.8x | 15.8x | 5.3x |
| Tue, 25 Jun 2024 | €28.2b | €5.3b | €1.8b | 16x | 16x | 5.4x |
| Thu, 23 May 2024 | €26.8b | €5.3b | €1.8b | 15.2x | 15.2x | 5.1x |
| Sat, 20 Apr 2024 | €26.2b | €5.1b | €1.6b | 16x | 16x | 5.2x |
| Mon, 18 Mar 2024 | €26.7b | €5.1b | €1.6b | 16.4x | 16.4x | 5.3x |
| Wed, 14 Feb 2024 | €25.0b | €4.8b | €1.4b | 18.1x | 18.1x | 5.2x |
| Fri, 12 Jan 2024 | €25.0b | €4.8b | €1.4b | 18.2x | 18.2x | 5.2x |
| Sun, 10 Dec 2023 | €24.5b | €4.8b | €1.4b | 17.8x | 17.8x | 5.1x |
| Tue, 07 Nov 2023 | €21.9b | €4.8b | €1.4b | 15.9x | 15.9x | 4.5x |
| Thu, 05 Oct 2023 | €21.2b | €4.7b | €1.2b | 16.9x | 17.2x | 4.5x |
| Sat, 02 Sep 2023 | €21.7b | €4.7b | €1.2b | 17.6x | 17.6x | 4.7x |
| Mon, 31 Jul 2023 | €21.7b | €4.7b | €1.2b | 17.6x | 17.6x | 4.7x |
| Wed, 28 Jun 2023 | €21.7b | €4.5b | €1.1b | 20.4x | 20.1x | 4.9x |
20.1x
Which industries have driven the changes within the Spanish Industrials industry?
| ES Market | 2.50% | |
| Industrials | 2.89% | |
| Infrastructure | 2.93% | |
| Airport Services | 2.93% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AENA Aena S.M.E | €26.70 | 2.9% +€1.1b | 17.2% | PE18.5x |