ACS Actividades de Construcción y Servicios (ACS) Stock Overview
ACS, Actividades de Construcción y Servicios, S.A. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 3/6 |
| Financial Health | 3/6 |
| Dividends | 3/6 |
ACS Community Fair Values
Create NarrativeSee what 28 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
ACS, Actividades de Construcción y Servicios, S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | €120.30 |
| 52 Week High | €141.20 |
| 52 Week Low | €55.60 |
| Beta | 0.63 |
| 1 Month Change | -4.45% |
| 3 Month Change | 1.01% |
| 1 Year Change | 113.49% |
| 3 Year Change | 300.33% |
| 5 Year Change | 440.43% |
| Change since IPO | 2,059.00% |
Recent News & Updates
Narrative Update • Jun 25
ACS: Bank Upgrades And Equity Raise Will Shape Future Upside Potential
Analysts have raised their price target for ACS Actividades de Construcción y Servicios to €118.61 from €115.44. This reflects updated views on revenue growth, discount rate assumptions and future P/E, supported by recent research upgrades at major banks.Narrative Update • Jun 05
ACS: Data Center Rerating And Equity Raise Will Temper Future Upside
Narrative Update: ACS Actividades de Construcción y Servicios The analyst price target for ACS Actividades de Construcción y Servicios has been revised from about €100.05 to roughly €115.44, with analysts citing updated fair value assumptions, slightly higher projected revenue growth and profit margins, a higher future P/E multiple, and recent upgrades at major banks as key drivers of the change. Analyst Commentary Recent Street research on ACS Actividades de Construcción y Servicios has focused on updated views of the company’s valuation, its exposure to data center assets, and the implications of recent rating and target price changes for the stock’s risk and reward profile.Analysis Article • May 24
We Think That There Are Issues Underlying ACS Actividades de Construcción y Servicios' (BME:ACS) Earnings
ACS, Actividades de Construcción y Servicios, S.A.'s ( BME:ACS ) robust earnings report didn't manage to move the...Recent updates
Narrative Update • Jun 25
ACS: Bank Upgrades And Equity Raise Will Shape Future Upside Potential
Analysts have raised their price target for ACS Actividades de Construcción y Servicios to €118.61 from €115.44. This reflects updated views on revenue growth, discount rate assumptions and future P/E, supported by recent research upgrades at major banks.Narrative Update • Jun 05
ACS: Data Center Rerating And Equity Raise Will Temper Future Upside
Narrative Update: ACS Actividades de Construcción y Servicios The analyst price target for ACS Actividades de Construcción y Servicios has been revised from about €100.05 to roughly €115.44, with analysts citing updated fair value assumptions, slightly higher projected revenue growth and profit margins, a higher future P/E multiple, and recent upgrades at major banks as key drivers of the change. Analyst Commentary Recent Street research on ACS Actividades de Construcción y Servicios has focused on updated views of the company’s valuation, its exposure to data center assets, and the implications of recent rating and target price changes for the stock’s risk and reward profile.Analysis Article • May 24
We Think That There Are Issues Underlying ACS Actividades de Construcción y Servicios' (BME:ACS) Earnings
ACS, Actividades de Construcción y Servicios, S.A.'s ( BME:ACS ) robust earnings report didn't manage to move the...Analysis Article • May 15
€110 - That's What Analysts Think ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) Is Worth After These Results
ACS, Actividades de Construcción y Servicios, S.A. ( BME:ACS ) came out with its quarterly results last week, and we...Narrative Update • Apr 19
ACS: Data Center Upgrade Euphoria Will Likely Outrun Real Profit Delivery
Narrative Update on ACS Actividades de Construcción y Servicios The updated analyst price target for ACS has moved in line with a higher fair value estimate of €100.05, up from €96.44. Analysts are factoring in slightly stronger expected revenue growth, a marginally lower discount rate and support from recent upgrades that highlight the company's data center exposure and positioning in hyperscaler related construction.Narrative Update • Apr 04
ACS: Data Center Hype Will Likely Exceed Real Earnings Delivery
Narrative Update on ACS Actividades de Construcción y Servicios The analyst price target for ACS has been nudged higher to €96.44 from €94.97, with analysts pointing to a slightly adjusted fair value model and growing focus on its data center exposure as key reasons behind the change. Analyst Commentary Recent Street research has turned more constructive on ACS, with several upgrades tied to how the market is valuing its data center exposure and positioning in hyperscaler related projects.Narrative Update • Mar 21
ACS: Data Center Exposure Will Likely Balance Future Share Opportunities And Risks
Narrative Update on ACS Actividades de Construcción y Servicios The analyst fair value estimate for ACS has been revised from €89.20 to €94.97, with analysts pointing to higher assumed revenue growth, slightly stronger profit margins, a higher future P/E multiple, and growing attention to the company's data center exposure as key drivers behind the updated target range from recent research. Analyst Commentary Recent Street research on ACS has focused heavily on the company’s role in data center construction and how that feeds into valuation assumptions, growth expectations, and execution risk.Narrative Update • Mar 06
ACS: Data Center Capex Reliance Will Likely Restrain Future Share Returns
Analysts have nudged their fair value estimate for ACS Actividades de Construcción y Servicios up from about €87.02 to about €89.20, reflecting improved views on its data center exposure and updated P/E and margin assumptions following recent rating and target changes on the stock. Analyst Commentary Recent research highlights a mix of enthusiasm about ACS Actividades de Construcción y Servicios' role in data center construction alongside a more measured stance from others who prefer to wait for clearer execution and valuation evidence.Narrative Update • Feb 20
ACS: Data Center Hype Will Likely Limit Future Share Upside
Analysts have lifted their price target on ACS Actividades de Construcción y Servicios to about €87 from roughly €83, citing updated assumptions on discount rates, revenue growth and margins, along with recent research highlighting ACS's role as a key contractor in data center construction and a mix of more positive and neutral ratings on the stock. Analyst Commentary Recent research on ACS highlights a split between more optimistic views that focus on data center exposure and more neutral positions that balance growth opportunities with execution and valuation questions.Narrative Update • Feb 05
ACS: Neutral Initiation Will Expose Limited Upside To Fair Value
Analysts have nudged their fair value estimate for ACS Actividades de Construcción y Servicios to €82.85 from €82.36, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E after recent research, including a new neutral initiation at Deutsche Bank. Analyst Commentary Recent research around ACS Actividades de Construcción y Servicios centers on how current assumptions for discount rate, revenue growth, profit margin and future P/E line up with the group’s execution risk and earnings visibility.Analysis Article • Jan 22
ACS Actividades de Construcción y Servicios (BME:ACS) Ticks All The Boxes When It Comes To Earnings Growth
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Narrative Update • Jan 21
ACS: Stock Split And Data Center Focus Will Expose Valuation Risks
Analysts have raised their price target for ACS Actividades de Construcción y Servicios to €82.36 from €80.53, citing small adjustments to fair value assumptions, discount rate, revenue growth, profit margin and future P/E inputs. What's in the News ACS, Actividades de Construcción y Servicios, S.A. plans a 1 for 2.70146 stock split or significant stock dividend scheduled for 21 Jan 2026 (Key Developments).Narrative Update • Jan 07
ACS: Data Center Focus Will Highlight Execution Risks At Unchanged €80.53 Estimate
Analysts have lifted their price target on ACS Actividades de Construcción y Servicios to €80.53 per share, a change they link to slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, even though the updated fair value figure itself remains at €80.53. What's in the News ACS Actividades de Construcción y Servicios is scheduled to hold a 3Q 2025 Results Presentation combined with a Data Center Investor Day, giving investors a focused look at recent financial results alongside its data center activities (Key Developments).Analysis Article • Jan 04
Calculating The Intrinsic Value Of ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS)
Key Insights ACS Actividades de Construcción y Servicios' estimated fair value is €97.67 based on 2 Stage Free Cash...Narrative Update • Dec 15
ACS: U.S. Construction Exposure Will Drive Earnings While Leaving Execution Risks Elevated
Analysts have raised their price target on ACS Actividades de Construcción y Servicios by EUR 3 to approximately EUR 80.53, citing a slightly lower discount rate, improved revenue growth expectations, and stronger long term earnings potential driven by the company’s exposure to U.S. construction. Analyst Commentary Bullish analysts highlight that the improved price target reflects growing confidence in ACS’s earnings trajectory, particularly as its U.S. construction operations are expected to deliver outsized growth over the next few years.Analysis Article • Dec 08
Some Shareholders Feeling Restless Over ACS, Actividades de Construcción y Servicios, S.A.'s (BME:ACS) P/E Ratio
When close to half the companies in Spain have price-to-earnings ratios (or "P/E's") below 16x, you may consider ACS...Narrative Update • Nov 30
ACS: U.S. Market Momentum Will Balance Competitive Pressures and Execution Risks
Analysts have raised their price target for ACS Actividades de Construcción y Servicios from €64.04 to €77.53, citing improved growth prospects and the company's strong exposure to U.S. construction markets as key factors behind the upgrade. Analyst Commentary Recent analyst reports reveal a mix of optimism and caution regarding the outlook for ACS Actividades de Construcción y Servicios.Analysis Article • Nov 22
ACS Actividades de Construcción y Servicios' (BME:ACS) Shareholders May Want To Dig Deeper Than Statutory Profit
ACS, Actividades de Construcción y Servicios, S.A.'s ( BME:ACS ) healthy profit numbers didn't contain any surprises...Analysis Article • Nov 19
€69.90 - That's What Analysts Think ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) Is Worth After These Results
ACS, Actividades de Construcción y Servicios, S.A. ( BME:ACS ) last week reported its latest third-quarter results...Narrative Update • Nov 16
ACS: U.S. Construction Expansion Will Pose Key Execution Risks Ahead
Narrative Update on ACS Actividades de Construcción y Servicios Analysts have raised their price target for ACS to €78 from €52.50, citing improved revenue growth and margins as a result of the company's expanding presence in U.S. construction markets. Analyst Commentary Bullish Takeaways Bullish analysts cite the company's increasing exposure to U.S. construction markets as a central driver for anticipated strong earnings growth through 2026.Analysis Article • Nov 01
The Return Trends At ACS Actividades de Construcción y Servicios (BME:ACS) Look Promising
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Oct 31
ACS: Rising U.S. Construction Exposure Will Face Margin Pressures Ahead
Analysts have raised their price target for ACS Actividades de Construcción y Servicios to approximately €78, up significantly from €52.50. They cite expectations of robust earnings growth driven by the company's expanding U.S. construction operations.Narrative Update • Oct 17
Digital Infrastructure And Demographic Trends Will Expand Horizons
Analysts have raised their price target for ACS Actividades de Construcción y Servicios from €60.25 to €61.27, citing improved revenue growth projections and stronger U.S. construction exposure as key factors supporting this upward revision. Analyst Commentary As ACS Actividades de Construcción y Servicios attracts renewed attention from investment firms, analysts are weighing the company’s strategic positioning and outlook.Narrative Update • Oct 03
Digital Infrastructure And Demographic Trends Will Expand Horizons
Analysts have raised their price target for ACS Actividades de Construcción y Servicios to €78 from €52.50, citing stronger expected earnings growth due to the company's exposure to U.S. construction. Analyst Commentary Bullish Takeaways Bullish analysts highlight ACS's increased exposure to the U.S. construction market, which is expected to be a major driver of growth over the coming years.Analysis Article • Sep 28
Is Now The Time To Put ACS Actividades de Construcción y Servicios (BME:ACS) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Analysis Article • Sep 14
A Look At The Fair Value Of ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS)
Key Insights Using the 2 Stage Free Cash Flow to Equity, ACS Actividades de Construcción y Servicios fair value...Analysis Article • Sep 01
Investor Optimism Abounds ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) But Growth Is Lacking
There wouldn't be many who think ACS, Actividades de Construcción y Servicios, S.A.'s ( BME:ACS ) price-to-earnings (or...Analysis Article • Aug 03
ACS, Actividades de Construcción y Servicios, S.A. (BME:ACS) Interim Results: Here's What Analysts Are Forecasting For This Year
ACS, Actividades de Construcción y Servicios, S.A. ( BME:ACS ) shareholders are probably feeling a little disappointed...Analysis Article • Jul 29
Does ACS Actividades de Construcción y Servicios (BME:ACS) Have A Healthy Balance Sheet?
The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Analysis Article • Jul 16
ACS Actividades de Construcción y Servicios (BME:ACS) Could Be Struggling To Allocate Capital
Ignoring the stock price of a company, what are the underlying trends that tell us a business is past the growth phase...
New Narrative • Mar 02
Investments In Projects Like Georgia's Managed Lanes May Strain Resources Yet Could Strengthen Future Prospects
Aggressive investments and expansions could strain resources and dampen short to medium-term returns, impacting earnings growth.Shareholder Returns
| ACS | ES Construction | ES Market | |
|---|---|---|---|
| 7D | -6.5% | -0.6% | 1.4% |
| 1Y | 113.5% | 59.0% | 34.4% |
Return vs Industry: ACS exceeded the Spanish Construction industry which returned 59% over the past year.
Return vs Market: ACS exceeded the Spanish Market which returned 34.4% over the past year.
Price Volatility
| ACS volatility | |
|---|---|
| ACS Average Weekly Movement | 5.8% |
| Construction Industry Average Movement | 5.2% |
| Market Average Movement | 3.4% |
| 10% most volatile stocks in ES Market | 6.8% |
| 10% least volatile stocks in ES Market | 0.7% |
Stable Share Price: ACS's share price has been volatile over the past 3 months compared to the Spanish market.
Volatility Over Time: ACS's weekly volatility (6%) has been stable over the past year, but is still higher than 75% of Spanish stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1942 | 167,803 | Juan Cases | www.grupoacs.com |
ACS, Actividades de Construcción y Servicios, S.A. provides construction and related services in Spain, the United States, Australia, Canada, Germany, the rest of Europe, and internationally. It operates through five segments: Turner, CIMIC, Engineering and Construction, Infrastructure, and Other. The Turner segment offers comprehensive construction and project management services, focusing on high-tech growth markets, including data centers and battery plants, primarily in North America.
ACS, Actividades de Construcción y Servicios, S.A. Fundamentals Summary
| ACS fundamental statistics | |
|---|---|
| Market cap | €32.91b |
| Earnings (TTM) | €991.34m |
| Revenue (TTM) | €50.41b |
32.2x
P/E Ratio0.6x
P/S RatioIs ACS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| ACS income statement (TTM) | |
|---|---|
| Revenue | €50.41b |
| Cost of Revenue | €34.25b |
| Gross Profit | €16.16b |
| Other Expenses | €15.17b |
| Earnings | €991.34m |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.74 |
| Gross Margin | 32.06% |
| Net Profit Margin | 1.97% |
| Debt/Equity Ratio | 257.4% |
How did ACS perform over the long term?
See historical performance and comparisonDividends
1.7%
Current Dividend Yield59%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/07 17:40 |
| End of Day Share Price | 2026/07/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
ACS, Actividades de Construcción y Servicios, S.A. is covered by 28 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Luis Arredondo | Banco de Sabadell. S.A. |
| null null | Banco de Sabadell. S.A. |
| José Arroyas | Banco Santander |