(ENO) Elecnor S.A - Overview
Sector: Industrials | Industry: Engineering & Construction | Exchange: MC (Spain) | Market Cap: 3.299m EUR | Total Return: 88.9% in 12m
Avg Turnover: 3.53M
Warnings
Altman Z'' 0.82 < 1.0 - financial distress zone
Tailwinds
Supp Ema20, Leader, Tailwind, Pullback 52w, Confidence
Elecnor, S.A. (ENO) is a Spanish industrial group specializing in infrastructure development, renewable energy, and essential services across international markets. The company operates through three core segments: Services, Projects, and Concessions and Own Projects, covering sectors such as electricity distribution, telecommunications, water, and rail transport.
The business model relies heavily on long-term engineering, procurement, and construction (EPC) contracts alongside the management of concession-based assets. As an integrated infrastructure provider, Elecnor benefits from the global transition toward decarbonization through its extensive portfolio in wind power, solar photovoltaics, and power transmission networks.
For a more detailed breakdown of the companys valuation and fundamental metrics, you may find further insights on ValueRay. Elecnor remains a subsidiary of Cantiles XXI, S.L., maintaining its headquarters in Madrid since its incorporation in 1958.
- Divestment of Enerfín subsidiary accelerates debt reduction and capital rotation
- Global energy transition demand drives backlog growth in Projects segment
- Infrastructure maintenance contracts provide stable cash flows and margin protection
- Expansion in international transmission concessions enhances long-term recurring revenue visibility
| Net Income: -32.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.10 > 0.02 and ΔFCF/TA 10.30 > 1.0 |
| NWC/Revenue: 1.86% < 20% (prev 2.69%; Δ -0.83% < -1%) |
| CFO/TA 0.13 > 3% & CFO 474.4m > Net Income -32.4m |
| Net Debt (-384.0m) to EBITDA (320.4m): -1.20 < 3 |
| Current Ratio: 1.05 > 1.5 & < 3 |
| Outstanding Shares: last fiscal year (84.7m) vs prev 0.00% < -2% |
| Gross Margin: 43.43% > 18% (prev 0.16%; Δ 4.33k% > 0.5%) |
| Asset Turnover: 178.5% > 50% (prev 102.3%; Δ 76.19% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBITDA TTM 320.4m / Interest Expense TTM 33.2m) |
| A: 0.03 (Total Current Assets 2.50b - Total Current Liabilities 2.38b) / Total Assets 3.66b |
| B: 0.03 (Retained Earnings 110.7m / Total Assets 3.66b) |
| C: 0.01 (EBIT TTM 44.5m / Avg Total Assets 3.63b) |
| D: 0.40 (Book Value of Equity 1.09b / Total Liabilities 2.72b) |
| Altman-Z'' = 0.82 = B |
| DSRI: 0.60 (Receivables 1.65b/1.58b, Revenue 6.48b/3.69b) |
| GMI: 0.36 (GM 43.43% / 15.67%) |
| AQI: 0.80 (AQ_t 0.23 / AQ_t-1 0.28) |
| SGI: 1.76 (Revenue 6.48b / 3.69b) |
| TATA: -0.14 (NI -32.4m - CFO 474.4m) / TA 3.66b) |
| Beneish M = -3.66 (Cap -4..+1) = AAA |
As of May 25, 2026, the stock is trading at EUR 38.95 with a total of 48,050 shares traded.
Over the past week, the price has changed by -3.35%,
over one month by +4.28%,
over three months by +33.85% and
over the past year by +88.92%.
Elecnor S.A has no consensus analysts rating.
P/E Trailing = 29.7328
P/E Forward = 8.8339
P/S = 0.7497
P/B = 3.4979
P/EG = 2.0544
Revenue TTM = 6.48b EUR
EBIT TTM = 44.5m EUR
EBITDA TTM = 320.4m EUR
Long Term Debt = 158.3m EUR (from longTermDebt, last quarter)
Short Term Debt = 118.2m EUR (from shortTermDebt, last quarter)
Debt = 398.5m EUR (from shortLongTermDebtTotal, last quarter) + Leases 48.7m
Net Debt = -384.0m EUR (calculated: Debt 398.5m - CCE 782.5m)
Enterprise Value = 2.91b EUR (3.30b + Debt 398.5m - CCE 782.5m)
Interest Coverage Ratio = 1.34 (Ebit TTM 44.5m / Interest Expense TTM 33.2m)
EV/FCF = 7.78x (Enterprise Value 2.91b / FCF TTM 374.6m)
FCF Yield = 12.85% (FCF TTM 374.6m / Enterprise Value 2.91b)
FCF Margin = 5.78% (FCF TTM 374.6m / Revenue TTM 6.48b)
Net Margin = -0.50% (Net Income TTM -32.4m / Revenue TTM 6.48b)
Gross Margin = 43.43% ((Revenue TTM 6.48b - Cost of Revenue TTM 3.67b) / Revenue TTM)
Gross Margin QoQ = 17.44% (prev 47.83%)
Tobins Q-Ratio = 0.80 (Enterprise Value 2.91b / Total Assets 3.66b)
Interest Expense / Debt = 8.34% (Interest Expense 33.2m / Debt 398.5m)
Taxrate = 33.88% (31.0m / 91.6m)
NOPAT = 29.4m (EBIT 44.5m * (1 - 33.88%))
Current Ratio = 1.05 (Total Current Assets 2.50b / Total Current Liabilities 2.38b)
Debt / Equity = 0.42 (Debt 398.5m / totalStockholderEquity, last quarter 943.1m)
Debt / EBITDA = -1.20 (Net Debt -384.0m / EBITDA 320.4m)
Debt / FCF = -1.03 (Net Debt -384.0m / FCF TTM 374.6m)
Total Stockholder Equity = 1.04b (last 4 quarters mean from totalStockholderEquity)
RoA = -0.89% (Net Income -32.4m / Total Assets 3.66b)
RoE = -3.10% (Net Income TTM -32.4m / Total Stockholder Equity 1.04b)
RoCE = 3.70% (EBIT 44.5m / Capital Employed (Equity 1.04b + L.T.Debt 158.3m))
RoIC = 2.26% (NOPAT 29.4m / Invested Capital 1.30b)
WACC = 7.09% (E(3.30b)/V(3.70b) * Re(7.28%) + D(398.5m)/V(3.70b) * Rd(8.34%) * (1-Tc(0.34)))
Discount Rate = 7.28% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 62.93 | Cagr: 0.01%
[DCF] Terminal Value 75.44% ; FCFF base≈374.6m ; Y1≈376.1m ; Y5≈398.4m
[DCF] Fair Price = 77.70 (EV 6.20b - Net Debt -384.0m = Equity 6.58b / Shares 84.7m; r=8.35% [WACC [floored]]; 5y FCF grow 0.0% → 2.50% )
Revenue Correlation: -28.64 | Revenue CAGR: -9.56% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=1.48 | Chg30d=+11.57% | Revisions=+20% | GrowthEPS=+13.1% | GrowthRev=+1.5%
EPS next Year (2027-12-31): EPS=1.66 | Chg30d=+19.44% | Revisions=+20% | GrowthEPS=+12.0% | GrowthRev=-0.0%
[Analyst] Revisions Ratio: +20%