ANA Stock Analysis: Acciona | MC
Engineering & Construction | MC, Spain | Market Cap: 11.258m EUR | 12M Return: 18.2% | ES0125220311 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 15.5M
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Acciona is a Spanish energy and infrastructure company headquartered in Madrid, founded in 1916. It operates across two main pillars: renewable energy generation (wind, solar photovoltaic, hydropower, thermal solar, and biomass) and large-scale infrastructure construction and concessions.
The company is vertically integrated in wind energy through the design, manufacture, and distribution of its own wind turbines. Beyond generation, it offers energy storage, green hydrogen, and electric mobility solutions, as well as water services (desalination, wastewater treatment, drinking water), civil engineering works (roads, railways, airports, ports, data centers), real estate development, and sustainable city solutions.
Although classified under GICS as an Electric Utility, Accionas business model functions more like a diversified infrastructure conglomerate, spanning construction, concessions, water, and ancillary services such as fund management and stock brokerage. The company is listed on the Madrid Stock Exchange (MC) under the ticker ANA.
- Wind and solar capacity additions drive energy segment growth
- Spanish infrastructure contract wins expand construction backlog
- Power price volatility impacts renewable energy margins
| Net Income: 360.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.00 > 0.02 and ΔFCF/TA -0.41 > 1.0 |
| NWC/Revenue: 9.38% < 20% (prev 7.21%; Δ 2.17% < -1%) |
| CFO/TA 0.05 > 3% & CFO 1.76b > Net Income 360.0m |
| Net Debt (9.63b) to EBITDA (1.75b): 5.51 < 3 |
| Current Ratio: 1.14 > 1.5 & < 3 |
| Outstanding Shares: last quarter (53.8m) vs 12m ago -1.21% < -2% |
| Gross Margin: 69.77% > 18% (prev 67.60%; Δ 2.16% > 0.5%) |
| Asset Turnover: 61.21% > 50% (prev 63.04%; Δ -1.83% > 0%) |
| Interest Coverage Ratio: 0.94 > 6 (EBIT TTM 636.0m / Interest Expense TTM 673.2m) |
| A: 0.06 (Total Current Assets 16.4b - Total Current Liabilities 14.3b) / Total Assets 37.1b |
| B: 0.14 (Retained Earnings 5.33b / Total Assets 37.1b) |
| C: 0.02 (EBIT TTM 636.0m / Avg Total Assets 35.8b) |
| D: 0.15 (Book Value of Equity 4.73b / Total Liabilities 30.7b) |
| Altman-Z'' = 1.11 = BB |
| DSRI: 1.15 (Receivables 5.22b/4.51b, Revenue 21.9b/21.7b) |
| GMI: 0.97 (GM 67.60% / 69.77%) |
| AQI: 0.77 (AQ_t 0.22 / AQ_t-1 0.28) |
| SGI: 1.01 (Revenue 21.9b / 21.7b) |
| TATA: -0.04 (NI 360.0m - CFO 1.76b) / TA 37.1b) |
| Beneish M = -3.07 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at EUR 209.40 with a total of 60,999 shares traded. Over the past week, the price has changed by -1.04%, over one month by -2.60%, over three months by -13.90% and over the past year by +18.24%.
Current recommended Stop Loss: 200.60 (which is 4.2% or 1.4 ATR below the current price).
Acciona has no consensus analysts rating.
P/E Trailing = 31.9637
P/E Forward = 21.1416
P/S = 0.5142
P/B = 2.3979
P/EG = 1.3225
Revenue TTM = 21.9b EUR
EBIT TTM = 636.0m EUR
EBITDA TTM = 1.75b EUR
Long Term Debt = 10.8b EUR (from longTermDebt, last quarter)
Short Term Debt = 3.17b EUR (from shortTermDebt, last quarter)
Debt = 15.6b EUR (from shortLongTermDebtTotal, last quarter) + Leases 905.0m
Net Debt = 9.63b EUR (calculated: Debt 15.6b - CCE 5.98b)
Enterprise Value = 20.9b EUR (11.3b + Debt 15.6b - CCE 5.98b)
Interest Coverage Ratio = 0.94 (Ebit TTM 636.0m / Interest Expense TTM 673.2m)
EV/FCF = 234.7x (Enterprise Value 20.9b / FCF TTM 89.0m)
FCF Yield = 0.43% (FCF TTM 89.0m / Enterprise Value 20.9b)
FCF Margin = 0.41% (FCF TTM 89.0m / Revenue TTM 21.9b)
Net Margin = 1.64% (Net Income TTM 360.0m / Revenue TTM 21.9b)
Gross Margin = 69.77% ((Revenue TTM 21.9b - Cost of Revenue TTM 6.62b) / Revenue TTM)
Gross Margin QoQ = 70.75% (prev 70.75%)
Tobins Q-Ratio = 0.56 (Enterprise Value 20.9b / Total Assets 37.1b)
Interest Expense / Debt = 4.31% (Interest Expense 673.2m / Debt 15.6b)
Taxrate = 33.47% (328.0m / 980.0m)
NOPAT = 423.1m (EBIT 636.0m * (1 - 33.47%))
Current Ratio = 1.14 (Total Current Assets 16.4b / Total Current Liabilities 14.3b)
Debt / Equity = 3.30 (Debt 15.6b / totalStockholderEquity, last quarter 4.73b)
Debt / EBITDA = 5.51 (Net Debt 9.63b / EBITDA 1.75b)
Debt / FCF = 108.2 (Net Debt 9.63b / FCF TTM 89.0m)
Total Stockholder Equity = 4.72b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.01% (Net Income 360.0m / Total Assets 37.1b)
RoE = 7.63% (Net Income TTM 360.0m / Total Stockholder Equity 4.72b)
RoCE = 4.10% (EBIT 636.0m / Capital Employed (Equity 4.72b + L.T.Debt 10.8b))
RoIC = 1.70% (NOPAT 423.1m / Invested Capital 24.9b)
WACC = 4.75% (E(11.3b)/V(26.9b) * Re(7.35%) + D(15.6b)/V(26.9b) * Rd(4.31%) * (1-Tc(0.33)))
Discount Rate = 7.35% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -69.94 | Cagr: -0.59%
[DCF] Terminal Value 73.10% ; FCFF base≈143.0m ; Y1≈125.4m ; Y5≈101.3m
[DCF] Fair Price = N/A (negative equity: EV 1.63b - Net Debt 9.63b = -8.00b; debt exceeds intrinsic value)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.0 | # QB: 0
Revenue Correlation: -26.85 | Revenue CAGR: -1.45% | SUE: N/A | # QB: 0
EPS current Year (2025-12-31): EPS=16.81 | Chg30d=+4.62% | Revisions=+25% | GrowthEPS=+194.6% | GrowthRev=+2.7%
EPS next Year (2026-12-31): EPS=12.54 | Chg30d=+15.14% | Revisions=+25% | GrowthEPS=-13.4% | GrowthRev=+5.9%
[Analyst] Revisions Ratio: +40% (up=2, down=0)