Header cover image

Spanish (IBEX) Market Analysis & Valuation

UpdatedMar 03, 2025
DataAggregated Company Financials
Companies246
  • 7D2.0%
  • 3M9.4%
  • 1Y28.3%
  • YTD11.3%

Over the last 7 days, the market has risen 2.0%, driven by gains of 3.8% in the Financials sector. The market is up 28% over the last 12 months. Looking forward, earnings are forecast to grow by 5.6% annually.

Trending IndustriesRenewable Energy

Market Valuation and Performance

Has the Spanish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 03 Mar 2025€881.5b€580.3b€63.3b18.5x13.9x1.5x
Wed, 29 Jan 2025€795.7b€571.9b€56.7b19.3x14x1.4x
Fri, 27 Dec 2024€771.8b€573.2b€57.2b19.1x13.5x1.3x
Sun, 24 Nov 2024€789.0b€577.1b€58.4b19.1x13.5x1.4x
Tue, 22 Oct 2024€804.3b€571.9b€56.0b18.8x14.4x1.4x
Thu, 19 Sep 2024€792.2b€571.7b€56.0b19.2x14.1x1.4x
Sat, 17 Aug 2024€750.1b€570.8b€56.0b19.4x13.4x1.3x
Mon, 15 Jul 2024€768.3b€564.8b€53.6b17.7x14.3x1.4x
Wed, 12 Jun 2024€762.0b€564.4b€53.5b17.5x14.2x1.3x
Fri, 10 May 2024€751.9b€562.6b€53.2b16.2x14.1x1.3x
Sun, 07 Apr 2024€725.9b€559.9b€50.6b16.2x14.4x1.3x
Tue, 05 Mar 2024€677.2b€560.7b€50.5b15.2x13.4x1.2x
Thu, 01 Feb 2024€685.4b€557.8b€54.4b14.9x12.6x1.2x
Sat, 30 Dec 2023€689.9b€557.5b€54.0b15.2x12.8x1.2x
Mon, 27 Nov 2023€677.5b€560.2b€53.5b15.5x12.7x1.2x
Wed, 25 Oct 2023€621.4b€570.4b€51.4b14.5x12.1x1.1x
Fri, 22 Sep 2023€656.5b€569.4b€51.2b14.9x12.8x1.2x
Sun, 20 Aug 2023€634.9b€569.3b€51.2b15.5x12.4x1.1x
Tue, 18 Jul 2023€653.0b€577.6b€50.9b17.2x12.8x1.1x
Thu, 15 Jun 2023€652.2b€577.2b€51.1b17.4x12.8x1.1x
Sat, 13 May 2023€638.2b€567.5b€50.4b18x12.7x1.1x
Mon, 10 Apr 2023€644.3b€561.2b€49.8b17.5x12.9x1.1x
Wed, 08 Mar 2023€647.1b€563.9b€49.5b17.3x13.1x1.1x
Fri, 03 Feb 2023€630.3b€522.8b€42.6b17.8x14.8x1.2x
Sun, 01 Jan 2023€572.4b€522.7b€42.5b16.1x13.5x1.1x
Tue, 29 Nov 2022€575.4b€521.4b€42.6b17.1x13.5x1.1x
Thu, 27 Oct 2022€561.9b€517.0b€43.2b16.1x13x1.1x
Sat, 24 Sep 2022€546.6b€514.9b€43.2b14.7x12.7x1.1x
Mon, 22 Aug 2022€600.0b€514.0b€42.9b16.8x14x1.2x
Wed, 20 Jul 2022€581.2b€488.7b€43.9b15.9x13.3x1.2x
Fri, 17 Jun 2022€587.8b€488.5b€43.8b16.5x13.4x1.2x
Sun, 15 May 2022€598.9b€476.9b€43.2b17.8x13.9x1.3x
Tue, 12 Apr 2022€616.3b€463.5b€44.8b18.5x13.8x1.3x
Thu, 10 Mar 2022€590.9b€461.2b€44.5b18.5x13.3x1.3x
Price to Earnings Ratio

13.3x


Total Market Cap: €590.9bTotal Earnings: €44.5bTotal Revenue: €461.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Spanish Market Price to Earnings3Y Average 13.4x202320242025
Current Market PE
  • Investors are relatively neutral on the Spanish market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 13.4x.
Past Earnings Growth
  • The earnings for Spanish listed companies have grown 12% per year over the last three years.
  • Revenues for these companies have grown 8.0% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Spanish Market?

ES Market2.04%
Tech6.36%
Telecom4.96%
Healthcare4.23%
Financials3.78%
Utilities1.87%
Industrials0.71%
Consumer Discretionary0.65%
Real Estate0.33%
Materials0.23%
Information Technology0%0
Financials0%0
Health Care0%0
Industrials0%0
Energy-1.57%
Consumer Staples-1.58%
Sector PE
  • Investors favour the Healthcare sector the most for future growth even though it's trading below its 3-year average PE ratio of 38.2x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 28.3%, which is higher than its past year's earnings growth of 17.1% per year.
Forecasted Growth
  • Analysts are most optimistic on the Telecom sector, expecting annual earnings growth of 49% over the next 5 years.
  • This is better than its past earnings decline of 12% per year.
  • In contrast, the Industrials sector is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
SAN Banco Santander€6.305.7%
+€5.2b
63.3%PB1xFinancials
CABK CaixaBank€6.886.6%
+€3.0b
60.0%PB1.3xFinancials
BBVA Banco Bilbao Vizcaya Argentaria€12.934.2%
+€3.0b
37.3%PB1.3xFinancials
AMS Amadeus IT Group€74.887.2%
+€2.3b
31.3%PE26.1xConsumer Discretionary
CLNX Cellnex Telecom€34.235.8%
+€1.3b
2.7%PS5.9xTelecom
See more
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Market Insights

Donald Trump’s return to the White House has shaken up foreign policy, trade, economies, markets and industries. One of the movements on the wrong side of Trump 2.0 is ESG...

Latest News

HOME

€15.32

Neinor Homes

7D

-2.0%

1Y

53.7%

IDR

€23.04

Indra Sistemas

7D

21.8%

1Y

29.0%

CLNX

€34.23

Cellnex Telecom

7D

5.8%

1Y

2.7%

CIE

€22.80

CIE Automotive

7D

-5.2%

1Y

-8.1%

AMS

€74.88

Amadeus IT Group

7D

7.2%

1Y

31.3%

ELE

€21.29

Endesa

7D

-1.7%

1Y

32.7%

GRF

€11.00

Grifols

7D

15.3%

1Y

36.1%

NTGY

€24.88

Naturgy Energy Group

7D

-1.9%

1Y

21.6%

LOG

€27.78

Logista Integral

7D

-6.0%

1Y

12.1%

SAB

€2.71

Banco de Sabadell

7D

5.7%

1Y

116.4%

CABK

€6.88

CaixaBank

7D

6.6%

1Y

60.0%

ITX

€51.16

Industria de Diseño Textil

7D

-1.3%

1Y

24.5%