Stock Analysis
Construcciones y Auxiliar de Ferrocarriles Full Year 2023 Earnings: Beats Expectations
Construcciones y Auxiliar de Ferrocarriles (BME:CAF) Full Year 2023 Results
Key Financial Results
- Revenue: €3.83b (up 21% from FY 2022).
- Net income: €89.2m (up 71% from FY 2022).
- Profit margin: 2.3% (up from 1.6% in FY 2022). The increase in margin was driven by higher revenue.
- EPS: €2.60 (up from €1.52 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Construcciones y Auxiliar de Ferrocarriles Revenues and Earnings Beat Expectations
Revenue exceeded analyst estimates by 4.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%.
Looking ahead, revenue is forecast to grow 4.8% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in Spain.
Performance of the Spanish Machinery industry.
The company's shares are up 2.9% from a week ago.
Valuation
Construcciones y Auxiliar de Ferrocarriles' financial results now indicate the company's shares could present an opportunity based on 6 important indicators. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.
Valuation is complex, but we're helping make it simple.
Find out whether Construcciones y Auxiliar de Ferrocarriles is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About BME:CAF
Construcciones y Auxiliar de Ferrocarriles
Construcciones y Auxiliar de Ferrocarriles, S.A.
Very undervalued with solid track record.