Acciona, S.A.

BRSE:AJ3 Stock Report

Market Cap: CHF 13.0b

Acciona Valuation

Is AJ3 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

What is the Fair Price of AJ3 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: AJ3 (CHF224.03) is trading above our estimate of future cash flow value (CHF151.79)

Significantly Below Future Cash Flow Value: AJ3 is trading above our estimate of future cash flow value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AJ3?

Key metric: As AJ3 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AJ3. This is calculated by dividing AJ3's market cap by their current earnings.
What is AJ3's PE Ratio?
PE Ratio17.6x
Earnings€803.00m
Market Cap€14.15b

Price to Earnings Ratio vs Peers

How does AJ3's PE Ratio compare to its peers?

The above table shows the PE ratio for AJ3 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average14.5x
BKW BKW
20.6x8.38%CHF 7.3b
REHN Romande Energie Holding
16.2x6.37%CHF 1.2b
NEAG naturenergie holding
6.3x-26.26%CHF 1.1b
5110 Saudi Energy
14.9x30.59%ر.س71.5b
AJ3 Acciona
17.6x-4.30%CHF 14.1b

Price-To-Earnings vs Peers: AJ3 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (14.3x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does AJ3's PE Ratio compare vs other companies in the European Electric Utilities Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AJ3 17.6xIndustry Avg. 16.2xNo. of Companies11PE0612182430+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AJ3 is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the European Electric Utilities industry average (16.2x).

Price to Earnings Ratio vs Fair Ratio

What is AJ3's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AJ3 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AJ3's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AJ3 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentCHF 224.03
CHF 187.81
-16.17%
13.60%CHF 244.88CHF 147.30n/a12
Jun ’27n/a
CHF 178.79
0%
16.83%CHF 243.27CHF 123.47n/a12
May ’27n/a
CHF 168.76
0%
14.40%CHF 206.97CHF 124.18n/a12
Apr ’27n/a
CHF 166.19
0%
16.87%CHF 207.10CHF 115.06n/a12
Mar ’27n/a
CHF 158.94
0%
15.80%CHF 204.49CHF 113.60n/a12
Feb ’27n/a
CHF 157.31
0%
13.78%CHF 183.76CHF 114.85n/a12
Jan ’27n/a
CHF 154.98
0%
16.99%CHF 186.16CHF 107.04n/a11
Dec ’26n/a
CHF 148.21
0%
18.63%CHF 186.31CHF 97.81n/a11
Nov ’26n/a
CHF 146.79
0%
18.74%CHF 187.41CHF 97.42n/a11
Oct ’26n/a
CHF 143.61
0%
18.73%CHF 188.89CHF 98.19n/a11
Sep ’26n/a
CHF 144.25
0%
18.47%CHF 189.07CHF 98.28n/a11
Aug ’26n/a
CHF 142.47
0%
19.67%CHF 187.79CHF 88.32n/a11
Jul ’26n/a
CHF 136.59
0%
19.65%CHF 188.77CHF 88.78n/a11
Jun ’26n/a
CHF 131.07
0%
21.26%CHF 188.74CHF 88.77n/a12
May ’26n/a
CHF 131.97
0%
20.54%CHF 190.16CHF 89.43n/a12
Apr ’26n/a
CHF 135.77
0%
19.02%CHF 192.32CHF 104.73n/a12
Mar ’26n/a
CHF 134.23
0%
18.37%CHF 189.14CHF 110.49n/a12
Feb ’26n/a
CHF 136.84
0%
18.87%CHF 191.15CHF 109.77n/a12
Jan ’26n/a
CHF 138.51
0%
18.72%CHF 188.92CHF 108.49n/a12
Dec ’25n/a
CHF 139.50
0%
19.86%CHF 186.38CHF 108.10n/a12
Nov ’25n/a
CHF 140.83
0%
19.68%CHF 188.69CHF 109.44n/a12
Oct ’25n/a
CHF 139.83
0%
19.68%CHF 187.34CHF 108.66n/a12
Sep ’25n/a
CHF 142.55
0%
18.47%CHF 190.24CHF 110.34n/a13
Aug ’25n/a
CHF 141.28
0%
18.47%CHF 188.54CHF 109.36n/a13
Jul ’25n/a
CHF 142.45
0%
19.19%CHF 190.99CHF 109.82n/a13
Jun ’25n/a
CHF 146.83
0%
20.79%CHF 198.12CHF 99.06n/a13
CHF 176.06
Fair Value
27.2% overvalued intrinsic discount
12
Number of Analysts

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/14 17:21
End of Day Share Price 2026/06/08 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Acciona, S.A. is covered by 24 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrés Bolumburu CámaraBanco de Sabadell. S.A.
Oscar Nájar RíosBanco Santander
Harry WyburdBNP Paribas