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Aug 23
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Spanish (IBEX) Market Analysis & Valuation
UpdatedAug 23, 2025
DataAggregated Company Financials
Companies246
- 7D0.8%
- 3M7.1%
- 1Y28.1%
- YTD25.8%
Over the last 7 days, the market has remained flat, although notably the Energy sector gained 3.8% in that time. More promisingly, the market is up 28% over the past year. As for the next few years, earnings are expected to grow by 4.7% per annum.
Trending IndustriesRenewable Energy
Market Valuation and Performance
Has the Spanish Market valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 23 Aug 2025 | €988.8b | €592.8b | €65.7b | 19x | 15x | 1.7x |
| Mon, 21 Jul 2025 | €902.7b | €589.0b | €64.7b | 19.1x | 14x | 1.5x |
| Wed, 18 Jun 2025 | €907.4b | €589.3b | €64.8b | 19x | 14x | 1.5x |
| Fri, 16 May 2025 | €906.1b | €588.5b | €64.8b | 18x | 14x | 1.5x |
| Sun, 13 Apr 2025 | €817.2b | €582.4b | €62.8b | 18.1x | 13x | 1.4x |
| Tue, 11 Mar 2025 | €862.0b | €580.8b | €63.1b | 18.8x | 13.7x | 1.5x |
| Thu, 06 Feb 2025 | €820.1b | €574.2b | €57.6b | 20.1x | 14.2x | 1.4x |
| Sat, 04 Jan 2025 | €784.3b | €572.8b | €57.2b | 19.3x | 13.7x | 1.4x |
| Mon, 02 Dec 2024 | €785.3b | €572.9b | €57.2b | 20x | 13.7x | 1.4x |
| Wed, 30 Oct 2024 | €803.0b | €574.2b | €56.7b | 19.7x | 14.2x | 1.4x |
| Fri, 27 Sep 2024 | €810.6b | €571.7b | €56.0b | 19.9x | 14.5x | 1.4x |
| Sun, 25 Aug 2024 | €772.3b | €570.8b | €56.0b | 19.3x | 13.8x | 1.4x |
| Tue, 23 Jul 2024 | €760.7b | €564.9b | €53.8b | 18.3x | 14.1x | 1.3x |
| Thu, 20 Jun 2024 | €756.7b | €564.7b | €53.5b | 17.7x | 14.1x | 1.3x |
| Sat, 18 May 2024 | €769.0b | €563.5b | €53.5b | 16.3x | 14.4x | 1.4x |
| Mon, 15 Apr 2024 | €713.3b | €559.7b | €50.5b | 15.9x | 14.1x | 1.3x |
| Wed, 13 Mar 2024 | €692.4b | €560.2b | €50.6b | 15.3x | 13.7x | 1.2x |
| Fri, 09 Feb 2024 | €670.2b | €558.4b | €56.1b | 15.1x | 12x | 1.2x |
| Sun, 07 Jan 2024 | €691.2b | €557.4b | €53.9b | 15.4x | 12.8x | 1.2x |
| Tue, 05 Dec 2023 | €692.4b | €557.7b | €53.7b | 15.1x | 12.9x | 1.2x |
| Thu, 02 Nov 2023 | €619.8b | €563.1b | €53.6b | 14.5x | 11.6x | 1.1x |
| Sat, 30 Sep 2023 | €648.0b | €569.4b | €51.1b | 15.1x | 12.7x | 1.1x |
| Mon, 28 Aug 2023 | €644.4b | €569.3b | €51.2b | 15.2x | 12.6x | 1.1x |
| Wed, 26 Jul 2023 | €657.2b | €578.0b | €51.0b | 17.4x | 12.9x | 1.1x |
| Fri, 23 Jun 2023 | €668.5b | €577.3b | €51.0b | 17.2x | 13.1x | 1.2x |
| Sun, 21 May 2023 | €637.9b | €576.0b | €50.7b | 17.2x | 12.6x | 1.1x |
| Tue, 18 Apr 2023 | €647.7b | €561.3b | €49.8b | 17.4x | 13x | 1.2x |
| Thu, 16 Mar 2023 | €610.1b | €564.0b | €49.5b | 16.8x | 12.3x | 1.1x |
| Sat, 11 Feb 2023 | €623.1b | €527.5b | €44.4b | 17.5x | 14x | 1.2x |
| Mon, 09 Jan 2023 | €596.6b | €522.8b | €42.5b | 16.9x | 14x | 1.1x |
| Wed, 07 Dec 2022 | €574.3b | €521.8b | €42.4b | 17.1x | 13.5x | 1.1x |
| Fri, 04 Nov 2022 | €570.5b | €524.5b | €44.4b | 15.3x | 12.8x | 1.1x |
| Sun, 02 Oct 2022 | €531.4b | €515.7b | €43.2b | 14.9x | 12.3x | 1x |
| Tue, 30 Aug 2022 | €575.8b | €514.0b | €42.9b | 17.3x | 13.4x | 1.1x |
Price to Earnings Ratio
13.4x
Current Market PE
- Investors are optimistic on the Spanish market, and appear confident in strong long term growth rates.
- The market is trading at a PE ratio of 15.0x which is higher than its 3-year average PE of 13.4x.
Past Earnings Growth
- The earnings for Spanish listed companies have grown 15% per year over the last three years.
- Revenues for these companies have grown 4.9% 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 Market | 0.78% | |
| Energy | 3.79% | |
| Utilities | 1.70% | |
| Consumer Staples | 1.11% | |
| Consumer Discretionary | 1.04% | |
| Industrials | 0.71% | |
| Real Estate | 0.59% | |
| Healthcare | 0.44% | |
| Materials | 0.35% | |
| Financials | 0.30% | |
| Tech | -0.40% | |
| Telecom | -1.02% | |
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 37.1x.
- 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 decline of 4.5% per year.
Forecasted Growth
- Analysts are most optimistic on the Materials sector, expecting annual earnings growth of 30% over the next 5 years.
- This is better than its past earnings growth rate of 13% per year.
- In contrast, the Industrials sector is expected to see its earnings decline by 8.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | Sector | |
|---|---|---|---|---|---|---|
| IBE Iberdrola | €16.62 | 2.0% +€2.1b | 31.0% | PE22.9x | Utilities | |
| ITX Industria de Diseño Textil | €44.01 | 1.2% +€1.7b | -10.9% | PE23.3x | Consumer Discretionary | |
| SAN Banco Santander | €8.32 | 0.9% +€1.0b | 91.1% | PB1.2x | Financials | |
| REP Repsol | €13.91 | 4.0% +€608.1m | 10.1% | PE23.7x | Energy | |
| FER Ferrovial | €47.57 | 1.7% +€561.3m | 28.2% | PE10.2x | Industrials |
