(ACS) ACS Actividades de - Overview

Exchange: MC • Country: Spain • Currency: EUR • Type: Common Stock • ISIN: ES0167050915

Stock: Construction, Infrastructure, Mining, Real Estate, Services

Total Rating 56
Risk 70
Buy Signal 0.67
Risk 5d forecast
Volatility 28.0%
Relative Tail Risk -5.12%
Reward TTM
Sharpe Ratio 2.58
Alpha 91.73
Character TTM
Beta 0.620
Beta Downside 0.360
Drawdowns 3y
Max DD 16.70%
CAGR/Max DD 3.73

EPS (Earnings per Share)

EPS (Earnings per Share) of ACS over the last years for every Quarter: "2021-03": 0.66, "2021-06": 0.14, "2021-09": 0.37, "2021-12": 1.72, "2022-03": 0.37, "2022-06": 0.61, "2022-09": 0.57, "2022-12": 0.71, "2023-03": 0.63, "2023-06": 0.86, "2023-09": 0.73, "2023-12": 0.78, "2024-03": null, "2024-06": 0.94, "2024-09": 0.6, "2024-12": 0.87, "2025-03": null, "2025-06": null, "2025-09": null, "2025-12": null,

Revenue

Revenue of ACS over the last years for every Quarter: 2021-03: 6389, 2021-06: 6940.678, 2021-09: 7035.322, 2021-12: 7471.658, 2022-03: 6926, 2022-06: 8489.164, 2022-09: 9111.07, 2022-12: 9089.234, 2023-03: 8111, 2023-06: 8922.277, 2023-09: 7492.887, 2023-12: 9344.164, 2024-03: 8706, 2024-06: 10043.176, 2024-09: 10952.824, 2024-12: 11933.859, 2025-03: 11790, 2025-06: 12318.326, 2025-09: 12644.674, 2025-12: 13094.681,

Description: ACS ACS Actividades de March 04, 2026

ACS Actividades de Construcción y Servicios SA is a Spanish company providing construction and related services globally. Its operations span civil construction, infrastructure services, and various specialized activities.

The companys civil construction segment builds infrastructure like highways, railways, and airports, as well as residential and non-residential buildings. This includes specialized facilities such as data centers and electric vehicle battery plants, reflecting current infrastructure investment trends.

Infrastructure services cover sectors including transport, communications, energy, and defense. ACS also offers maintenance for buildings and public spaces, and mining services. The construction industry often involves long project cycles and significant capital expenditure.

Additional activities include the design and operation of mineral processing plants, promotion of transport concessions, and real estate development. The company also invests in infrastructure projects and provides services for people, such as elderly care.

Finally, ACS offers maintenance, cleaning, security, energy efficiency, and logistics services. Companies in this sector frequently manage diverse service portfolios to leverage existing client relationships. Further research on ValueRay can provide more in-depth financial and operational insights.

Headlines to watch out for

  • Global infrastructure spending drives construction project pipeline
  • Raw material price volatility impacts project profitability
  • Government regulation of construction and concessions poses risk
  • Interest rate hikes increase project financing costs
  • Economic growth in key markets boosts demand for services

Piotroski VR‑10 (Strict, 0-10) 4.5

Net Income: 950.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.00 > 0.02 and ΔFCF/TA -5.32 > 1.0
NWC/Revenue: 8.19% < 20% (prev 9.21%; Δ -1.02% < -1%)
CFO/TA 0.00 > 3% & CFO 97.8m > Net Income 950.3m
Net Debt (3.98b) to EBITDA (2.49b): 1.60 < 3
Current Ratio: 1.16 > 1.5 & < 3
Outstanding Shares: last quarter (257.5m) vs 12m ago -0.14% < -2%
Gross Margin: 64.52% > 18% (prev -0.31%; Δ 6.48k% > 0.5%)
Asset Turnover: 113.3% > 50% (prev 99.07%; Δ 14.27% > 0%)
Interest Coverage Ratio: 2.09 > 6 (EBITDA TTM 2.49b / Interest Expense TTM 888.1m)

Altman Z'' 0.96

A: 0.09 (Total Current Assets 29.40b - Total Current Liabilities 25.32b) / Total Assets 45.93b
B: 0.02 (Retained Earnings 950.3m / Total Assets 45.93b)
C: 0.04 (EBIT TTM 1.86b / Avg Total Assets 43.98b)
D: 0.03 (Book Value of Equity 1.09b / Total Liabilities 40.01b)
Altman-Z'' Score: 0.96 = BB

Beneish M -2.77

DSRI: 1.07 (Receivables 12.15b/9.51b, Revenue 49.85b/41.64b)
GMI: 1.00 (fallback, negative margins)
AQI: 1.07 (AQ_t 0.31 / AQ_t-1 0.29)
SGI: 1.20 (Revenue 49.85b / 41.64b)
TATA: 0.02 (NI 950.3m - CFO 97.8m) / TA 45.93b)
Beneish M-Score: -2.77 (Cap -4..+1) = A

What is the price of ACS shares?

As of March 18, 2026, the stock is trading at EUR 107.80 with a total of 271,242 shares traded.
Over the past week, the price has changed by +0.65%, over one month by +5.89%, over three months by +30.04% and over the past year by +106.62%.

Is ACS a buy, sell or hold?

ACS Actividades de has no consensus analysts rating.

What are the forecasts/targets for the ACS price?

Issuer Target Up/Down from current
Wallstreet Target Price 93 -13.8%
Analysts Target Price - -

ACS Fundamental Data Overview March 16, 2026

Market Cap USD = 30.82b (26.91b EUR * 1.1452 EUR.USD)
P/E Trailing = 28.1471
P/E Forward = 26.455
P/S = 0.5398
P/B = 5.5886
P/EG = 1.0845
Revenue TTM = 49.85b EUR
EBIT TTM = 1.86b EUR
EBITDA TTM = 2.49b EUR
Long Term Debt = 11.37b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.42b EUR (from shortTermDebt, last quarter)
Debt = 16.08b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.98b EUR (from netDebt column, last quarter)
Enterprise Value = 28.67b EUR (26.91b + Debt 16.08b - CCE 14.32b)
Interest Coverage Ratio = 2.09 (Ebit TTM 1.86b / Interest Expense TTM 888.1m)
EV/FCF = -304.2x (Enterprise Value 28.67b / FCF TTM -94.3m)
FCF Yield = -0.33% (FCF TTM -94.3m / Enterprise Value 28.67b)
FCF Margin = -0.19% (FCF TTM -94.3m / Revenue TTM 49.85b)
Net Margin = 1.91% (Net Income TTM 950.3m / Revenue TTM 49.85b)
Gross Margin = 64.52% ((Revenue TTM 49.85b - Cost of Revenue TTM 17.69b) / Revenue TTM)
Gross Margin QoQ = -35.06% (prev none%)
Tobins Q-Ratio = 0.62 (Enterprise Value 28.67b / Total Assets 45.93b)
Interest Expense / Debt = 5.52% (Interest Expense 888.1m / Debt 16.08b)
Taxrate = 19.80% (188.9m / 954.1m)
NOPAT = 1.49b (EBIT 1.86b * (1 - 19.80%))
Current Ratio = 1.16 (Total Current Assets 29.40b / Total Current Liabilities 25.32b)
Debt / Equity = 3.34 (Debt 16.08b / totalStockholderEquity, last quarter 4.82b)
Debt / EBITDA = 1.60 (Net Debt 3.98b / EBITDA 2.49b)
Debt / FCF = -42.24 (negative FCF - burning cash) (Net Debt 3.98b / FCF TTM -94.3m)
Total Stockholder Equity = 4.58b (last 4 quarters mean from totalStockholderEquity)
RoA = 2.16% (Net Income 950.3m / Total Assets 45.93b)
RoE = 20.77% (Net Income TTM 950.3m / Total Stockholder Equity 4.58b)
RoCE = 11.66% (EBIT 1.86b / Capital Employed (Equity 4.58b + L.T.Debt 11.37b))
RoIC = 11.92% (NOPAT 1.49b / Invested Capital 12.51b)
WACC = 6.79% (E(26.91b)/V(42.99b) * Re(8.20%) + D(16.08b)/V(42.99b) * Rd(5.52%) * (1-Tc(0.20)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.73%
[DCF] Fair Price = unknown (Cash Flow -94.3m)
EPS Correlation: 43.23 | EPS CAGR: 8.21% | SUE: 1.25 | # QB: 1
Revenue Correlation: 89.22 | Revenue CAGR: 18.51% | SUE: -0.06 | # QB: 0
EPS current Year (2026-12-31): EPS=4.08 | Chg7d=+0.073 | Chg30d=+0.155 | Revisions Net=+3 | Growth EPS=+22.7% | Growth Revenue=+10.8%
EPS next Year (2027-12-31): EPS=4.58 | Chg7d=+0.032 | Chg30d=+0.127 | Revisions Net=-1 | Growth EPS=+12.2% | Growth Revenue=+8.6%
[Analyst] Revisions Ratio: +0.60 (4 Up / 1 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 4.6% (Discount Rate 8.2% - Earnings Yield 3.6%)
[Growth] Growth Spread = +4.0% (Analyst 8.6% - Implied 4.6%)

Additional Sources for ACS Stock

Fund Manager Positions: Dataroma | Stockcircle